Visagar Polytex Ltd

₹ 1.65 0.00%
May 17 - close price
About

Visagar Polytex Limited is engaged in the business of retail, wholesale, trading and manufacturing of textiles and textile-related goods.

  • Market Cap 48.3 Cr.
  • Current Price 1.65
  • High / Low 3.44 / 0.70
  • Stock P/E
  • Book Value 0.68
  • Dividend Yield 0.00 %
  • ROCE 0.77 %
  • ROE 0.21 %
  • Face Value 1.00

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -45.79% over past five years.
  • Promoter holding is low: 5.63%
  • Company has a low return on equity of -18.87% for last 3 years.
  • Company might be capitalizing the interest cost
  • Promoters have pledged 83.69% of their holding.
  • Company has high debtors of 1347.69 days.
  • Promoter holding has decreased over last 3 years: -19.49%

* 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: Trading Industry: Trading

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Quarterly Results

Figures in Rs. Crores

Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021
3.95 1.17 3.72 3.01 1.77 1.43 1.41 1.47 0.51 0.72 1.39 1.06
4.15 0.69 2.69 2.61 0.99 1.83 1.27 1.28 -0.11 0.50 1.50 0.56
Operating Profit -0.20 0.48 1.03 0.40 0.78 -0.40 0.14 0.19 0.62 0.22 -0.11 0.50
OPM % -5.06% 41.03% 27.69% 13.29% 44.07% -27.97% 9.93% 12.93% 121.57% 30.56% -7.91% 47.17%
0.06 0.00 -16.00 0.02 0.01 0.00 0.00 0.00 0.30 0.00 0.00 0.00
Interest 0.37 0.24 0.25 0.32 -0.49 0.00 0.09 0.02 0.05 0.01 0.26 0.26
Depreciation 0.37 0.00 0.00 0.00 0.74 0.00 0.00 0.00 0.64 0.14 0.14 0.14
Profit before tax -0.88 0.24 -15.22 0.10 0.54 -0.40 0.05 0.17 0.23 0.07 -0.51 0.10
Tax % -6.82% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Profit -0.93 0.24 -15.22 0.10 0.53 -0.40 0.05 0.17 0.22 0.07 -0.51 0.10
EPS in Rs -0.03 0.01 -0.52 0.00 0.02 -0.01 0.00 0.01 0.01 0.00 -0.02 0.00

Profit & Loss

Figures in Rs. Crores

Jun 2010 Jun 2011 Jun 2012 Jun 2013 Jun 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 TTM
39.83 54.03 59.24 62.21 70.47 60.60 102.76 81.15 82.27 53.83 10.17 4.81 3.68
38.53 52.40 56.53 58.94 67.37 56.32 99.75 77.19 78.18 51.52 23.60 4.25 2.45
Operating Profit 1.30 1.63 2.71 3.27 3.10 4.28 3.01 3.96 4.09 2.31 -13.43 0.56 1.23
OPM % 3.26% 3.02% 4.57% 5.26% 4.40% 7.06% 2.93% 4.88% 4.97% 4.29% -132.06% 11.64% 33.42%
-0.02 0.03 0.01 0.03 0.02 0.04 0.02 0.02 0.03 0.08 0.14 0.30 0.30
Interest 0.33 0.39 0.82 1.16 1.21 0.90 1.02 1.35 1.41 1.30 0.32 0.17 0.58
Depreciation 0.16 0.13 0.70 1.00 0.75 1.11 1.86 0.97 1.00 0.87 0.74 0.64 1.06
Profit before tax 0.79 1.14 1.20 1.14 1.16 2.31 0.15 1.66 1.71 0.22 -14.35 0.05 -0.11
Tax % 20.25% 16.67% 16.67% 17.54% 12.93% 25.97% 33.33% 18.07% 17.54% 27.27% 0.00% 0.00%
Net Profit 0.63 0.95 1.00 0.94 1.01 1.71 0.11 1.36 1.41 0.16 -14.35 0.04 -0.12
EPS in Rs 0.03 0.04 0.04 0.04 0.04 0.07 0.00 0.06 0.06 0.01 -0.49 0.00 -0.01
Dividend Payout % 12.70% 16.84% 16.80% 17.87% 16.63% 9.82% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -19%
5 Years: -46%
3 Years: -61%
TTM: -39%
Compounded Profit Growth
10 Years: -24%
5 Years: -18%
3 Years: -70%
TTM: -134%
Stock Price CAGR
10 Years: -19%
5 Years: -1%
3 Years: 54%
1 Year: 120%
Return on Equity
10 Years: -3%
5 Years: -9%
3 Years: -19%
Last Year: 0%

Balance Sheet

Figures in Rs. Crores

Jun 2010 Jun 2011 Jun 2012 Jun 2013 Jun 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Sep 2021
0.80 1.60 1.68 1.68 1.68 1.68 18.47 24.62 24.62 29.27 29.27 29.27 29.27
Reserves 9.69 9.65 20.97 21.72 22.53 24.04 6.70 1.90 3.31 4.03 -10.32 -10.28 -10.72
Borrowings 2.15 4.08 8.03 9.74 8.79 9.86 12.12 11.20 11.37 9.69 10.05 9.47 9.86
6.09 10.49 8.61 13.31 22.86 25.66 5.24 14.31 26.79 16.35 4.90 6.72 2.80
Total Liabilities 18.73 25.82 39.29 46.45 55.86 61.24 42.53 52.03 66.09 59.34 33.90 35.18 31.21
1.27 2.25 6.85 6.00 5.46 4.72 7.62 6.67 7.04 6.29 5.55 4.93 4.65
CWIP 0.00 1.25 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.17 0.16 0.16 0.16 0.16 0.16 0.16 0.16 0.16 0.14 0.00 0.00 0.00
17.29 22.16 32.28 40.29 50.24 56.36 34.75 45.20 58.89 52.91 28.35 30.25 26.56
Total Assets 18.73 25.82 39.29 46.45 55.86 61.24 42.53 52.03 66.09 59.34 33.90 35.18 31.21

Cash Flows

Figures in Rs. Crores

Jun 2010 Jun 2011 Jun 2012 Jun 2013 Jun 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
0.67 -8.97 0.64 1.37 0.10 3.21 0.17 -1.19 -3.65 -0.13 -0.06
-2.37 -5.30 -0.14 -0.21 -0.36 -4.76 -0.03 -1.37 -0.12 0.00 -0.02
1.74 14.35 -0.52 -1.28 0.26 1.60 0.00 2.52 3.91 0.00 0.00
Net Cash Flow 0.04 0.08 -0.02 -0.12 -0.01 0.05 0.14 -0.03 0.14 -0.14 -0.08

Ratios

Figures in Rs. Crores

Jun 2010 Jun 2011 Jun 2012 Jun 2013 Jun 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Debtor Days 93.93 104.03 149.91 160.35 156.21 197.38 30.69 79.21 138.82 164.36 612.64 1,347.69
Inventory Days 55.02 31.58 38.36 69.17 116.57 152.45 96.40 129.40 119.09 188.81 146.96 952.38
Days Payable 59.37 72.17 54.78 84.30 136.61 167.13 18.97 65.36 113.34 106.40 49.95 465.40
Cash Conversion Cycle 89.59 63.44 133.48 145.22 136.18 182.69 108.11 143.24 144.57 246.77 709.65 1,834.67
Working Capital Days 100.80 72.15 140.48 151.96 137.88 178.83 100.70 132.15 143.30 245.66 840.54 1,778.71
ROCE % 12.56% 10.94% 8.78% 7.21% 7.17% 9.34% 3.21% 8.03% 8.10% 3.67% -39.34% 0.77%

Shareholding Pattern

Numbers in percentages

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
25.12 25.12 25.12 25.12 25.12 25.12 25.12 25.12 25.12 5.63 5.63 5.63
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.66
0.03 0.03 0.21 0.06 0.06 0.04 0.04 0.04 0.04 0.04 0.03 0.03
74.84 74.84 74.67 74.81 74.82 74.84 74.84 74.84 74.84 94.33 94.34 93.68

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