V-Marc India Ltd
V-Marc India Ltd is in the business of manufacturing and sales of various kinds of wires and cables. The company has been manufacturing wires and cables under V-MARC brand since 2006.[1]
- Market Cap ₹ 144 Cr.
- Current Price ₹ 63.0
- High / Low ₹ 67.8 / 29.0
- Stock P/E 13.7
- Book Value ₹ 35.0
- Dividend Yield 0.00 %
- ROCE 19.6 %
- ROE 15.1 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 13.0% over last 3 years.
- Promoters have pledged 42.9% of their holding.
* 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: Cables Industry: Cables - Power
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
5 | 71 | 107 | 129 | 170 | 172 | 179 | 247 | |
5 | 66 | 101 | 121 | 156 | 157 | 163 | 222 | |
Operating Profit | 0 | 5 | 6 | 8 | 14 | 15 | 15 | 25 |
OPM % | 5% | 8% | 6% | 6% | 8% | 9% | 9% | 10% |
0 | 0 | 0 | 0 | 0 | 0 | 1 | 3 | |
Interest | 0 | 2 | 2 | 3 | 6 | 6 | 7 | 11 |
Depreciation | 0 | 1 | 1 | 1 | 1 | 2 | 3 | 3 |
Profit before tax | 0 | 2 | 3 | 4 | 7 | 8 | 6 | 14 |
Tax % | 50% | 23% | 25% | 28% | 28% | 27% | 23% | 23% |
Net Profit | 0 | 2 | 2 | 3 | 5 | 6 | 5 | 10 |
EPS in Rs | 0.03 | 1.11 | 1.73 | 2.12 | 3.09 | 3.45 | 2.19 | 4.59 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 13% |
TTM: | 38% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 29% |
TTM: | 109% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 66% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 13% |
Last Year: | 15% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
12 | 14 | 14 | 14 | 16 | 17 | 23 | 23 | |
Reserves | 0 | 2 | 4 | 7 | 19 | 25 | 47 | 57 |
16 | 17 | 16 | 29 | 45 | 49 | 57 | 76 | |
18 | 12 | 12 | 20 | 51 | 40 | 66 | 91 | |
Total Liabilities | 45 | 44 | 47 | 71 | 131 | 131 | 193 | 246 |
7 | 6 | 6 | 7 | 10 | 20 | 18 | 55 | |
CWIP | 0 | 0 | 0 | 2 | 10 | 1 | 3 | 15 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
39 | 39 | 41 | 62 | 110 | 110 | 172 | 176 | |
Total Assets | 45 | 44 | 47 | 71 | 131 | 131 | 193 | 246 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
-6 | -0 | -0 | 3 | 10 | 2 | -3 | 34 | |
-7 | -0 | 0 | -4 | -6 | -2 | -19 | -33 | |
13 | 2 | -0 | 0 | -3 | -1 | 23 | -0 | |
Net Cash Flow | 0 | 2 | -0 | -0 | 1 | -1 | 0 | -0 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 1,233 | 90 | 71 | 84 | 123 | 74 | 136 | |
Inventory Days | 1,480 | 101 | 59 | 69 | 114 | 148 | 178 | |
Days Payable | 1,379 | 59 | 45 | 59 | 122 | 93 | 98 | |
Cash Conversion Cycle | 1,334 | 132 | 85 | 94 | 116 | 129 | 215 | |
Working Capital Days | 1,474 | 129 | 96 | 119 | 123 | 147 | 175 | |
ROCE % | 15% | 16% | 16% | 16% | 13% |
Product Portfolio
Company's product portfolio includes various type of Multistrand Cables, HT/ LT Cables and Communication Cables.[1]