V-Marc India Ltd
₹ 187
-5.00%
06 Dec
- close price
About
Incorporated in 2014, V -Marc India Ltd manufactures PVC Insulated Wires & Cables[1]
Key Points
- Market Cap ₹ 426 Cr.
- Current Price ₹ 187
- High / Low ₹ 220 / 36.9
- Stock P/E 31.5
- Book Value ₹ 37.4
- Dividend Yield 0.00 %
- ROCE 18.5 %
- ROE 14.0 %
- 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 12.6% 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
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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 | TTM | |
---|---|---|---|---|---|---|---|---|---|
5 | 71 | 107 | 129 | 170 | 172 | 179 | 245 | 308 | |
5 | 66 | 101 | 121 | 156 | 157 | 163 | 219 | 274 | |
Operating Profit | 0 | 5 | 6 | 8 | 14 | 15 | 15 | 26 | 33 |
OPM % | 5% | 8% | 6% | 6% | 8% | 9% | 9% | 11% | 11% |
0 | 0 | 0 | 0 | 0 | 0 | 1 | 3 | 3 | |
Interest | 0 | 2 | 2 | 3 | 6 | 6 | 7 | 12 | 13 |
Depreciation | 0 | 1 | 1 | 1 | 1 | 2 | 3 | 3 | 5 |
Profit before tax | 0 | 2 | 3 | 4 | 7 | 8 | 6 | 14 | 18 |
Tax % | 50% | 23% | 25% | 28% | 28% | 27% | 23% | 23% | |
0 | 2 | 2 | 3 | 5 | 6 | 5 | 10 | 14 | |
EPS in Rs | 0.03 | 1.11 | 1.73 | 2.12 | 3.09 | 3.45 | 2.19 | 4.59 | 5.94 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 13% |
TTM: | 28% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 29% |
TTM: | 98% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 263% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 13% |
Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 12 | 14 | 14 | 14 | 16 | 17 | 23 | 23 | 23 |
Reserves | 0 | 2 | 4 | 7 | 19 | 25 | 47 | 57 | 62 |
16 | 17 | 16 | 29 | 45 | 49 | 57 | 76 | 136 | |
18 | 12 | 12 | 20 | 51 | 40 | 66 | 91 | 117 | |
Total Liabilities | 45 | 44 | 47 | 71 | 131 | 131 | 193 | 246 | 338 |
7 | 6 | 6 | 7 | 10 | 20 | 18 | 55 | 54 | |
CWIP | 0 | 0 | 0 | 2 | 10 | 1 | 3 | 15 | 45 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
39 | 39 | 41 | 62 | 110 | 110 | 172 | 176 | 240 | |
Total Assets | 45 | 44 | 47 | 71 | 131 | 131 | 193 | 246 | 338 |
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 | 84 |
Inventory Days | 1,480 | 101 | 59 | 69 | 114 | 148 | 178 | 162 |
Days Payable | 1,379 | 59 | 45 | 59 | 122 | 93 | 98 | 132 |
Cash Conversion Cycle | 1,334 | 132 | 85 | 94 | 116 | 129 | 215 | 114 |
Working Capital Days | 1,474 | 129 | 96 | 119 | 123 | 147 | 175 | 128 |
ROCE % | 15% | 16% | 16% | 16% | 13% | 18% |
Business Overview:[1]
Company manufactures various types of wires & cables in Single & Multi-core with Copper /Aluminium Conductors and possess properties of FR, HRFR, FRLS, HFFR etc.