Viviana Power Tech Ltd
Incorporated in 2014, Viviana Power Tech Ltd is in the business of Erection and installation of Power Transmission and Maintenance of Power Stations[1]
- Market Cap ₹ 285 Cr.
- Current Price ₹ 477
- High / Low ₹ 477 / 120
- Stock P/E 70.0
- Book Value ₹ 34.2
- Dividend Yield 0.00 %
- ROCE 24.8 %
- ROE 24.4 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.8%
Cons
- Stock is trading at 13.9 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 205 days.
- Working capital days have increased from 105 days to 200 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods - Electrical Equipment Industry: Transmisson Line Towers / Equipment
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|
| 20.06 | 22.53 | 32.61 | 36.15 | 40.13 | |
| 17.86 | 20.44 | 27.74 | 30.91 | 33.26 | |
| Operating Profit | 2.20 | 2.09 | 4.87 | 5.24 | 6.87 |
| OPM % | 10.97% | 9.28% | 14.93% | 14.50% | 17.12% |
| 0.03 | 0.09 | 0.20 | 0.10 | 0.21 | |
| Interest | 0.52 | 0.70 | 1.09 | 1.15 | 1.48 |
| Depreciation | 0.17 | 0.18 | 0.19 | 0.21 | 0.21 |
| Profit before tax | 1.54 | 1.30 | 3.79 | 3.98 | 5.39 |
| Tax % | 21.43% | 24.62% | 26.12% | 24.62% | |
| 1.21 | 0.99 | 2.80 | 3.01 | 4.07 | |
| EPS in Rs | 52.61 | 43.04 | 121.74 | 5.04 | 6.82 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 22% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 36% |
| TTM: | 30% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 215% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 32% |
| Last Year: | 24% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|
| Equity Capital | 0.23 | 0.23 | 0.23 | 5.97 | 5.97 |
| Reserves | 2.62 | 3.61 | 6.55 | 11.97 | 14.48 |
| 2.92 | 7.21 | 6.48 | 10.08 | 12.67 | |
| 3.66 | 7.84 | 8.22 | 5.97 | 12.11 | |
| Total Liabilities | 9.43 | 18.89 | 21.48 | 33.99 | 45.23 |
| 1.03 | 0.87 | 0.78 | 0.68 | 0.90 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 |
| Investments | 0.01 | 0.25 | 0.00 | 0.01 | 0.00 |
| 8.39 | 17.77 | 20.70 | 33.28 | 44.33 | |
| Total Assets | 9.43 | 18.89 | 21.48 | 33.99 | 45.23 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 4.18 | -2.78 | 0.55 | -11.46 | |
| -0.08 | -0.17 | 0.21 | -0.05 | |
| -4.05 | 3.63 | -1.67 | 10.67 | |
| Net Cash Flow | 0.05 | 0.68 | -0.90 | -0.83 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Debtor Days | 50.77 | 145.32 | 110.03 | 204.56 |
| Inventory Days | 62.96 | 63.91 | ||
| Days Payable | 6.81 | 184.04 | ||
| Cash Conversion Cycle | 106.92 | 25.19 | 110.03 | 204.56 |
| Working Capital Days | 34.39 | 70.47 | 45.33 | 199.51 |
| ROCE % | 23.78% | 38.75% | 24.85% |
Business Overview:[1]
Company is in the business of Power transmission, Distribution, and Industrial EPC space projects. It undertakes turnkey jobs for the Supply, Civil, Erection, Testing & Commissioning of all types of Electrical systems. VPTL deals with state government power utilities, private power entities, and Renewable energy developers. It bags project work from government utilities through the open bidding process and from private power entities and renewable energy developers by way of open bidding or preferential basis