VST Industries Ltd

VST Industries Ltd

₹ 3,961 -0.07%
23 Apr - close price
About

VST Industries is engaged inter-alia in manufacture and trading of Cigarettes, Tobacco and Tobacco products.(Source : 202003 Annual Report Page No: 93)

Key Points

Leading Cigarette Manufacturer
The Vazir Sultan Tobacco Company Limited, incorporated in 1930, holds the position of the third-largest player in the domestic market with a market share of ~10%. [1] [2]

  • Market Cap 6,116 Cr.
  • Current Price 3,961
  • High / Low 4,328 / 3,159
  • Stock P/E 99.5
  • Book Value 162
  • Dividend Yield 3.79 %
  • ROCE 34.4 %
  • ROE 24.9 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is providing a good dividend yield of 3.79%.
  • Company has been maintaining a healthy dividend payout of 67.4%

Cons

  • Stock is trading at 24.4 times its book value
  • Promoter holding is low: 32.2%
  • Earnings include an other income of Rs.34.2 Cr.

* 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: Tobacco Products Industry: Cigarettes

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF
Upcoming result date: 26 April 2024

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010
349 333 339 380 471
251 253 263 338 402
Operating Profit 98 80 76 42 69
OPM % 28% 24% 22% 11% 15%
-3 17 24 60 34
Interest 0 0 0 0 0
Depreciation 10 12 14 16 18
Profit before tax 85 86 86 86 86
Tax % 48% 35% 32% 28% 27%
44 56 58 62 62
EPS in Rs 28.75 36.00 37.87 40.10 40.16
Dividend Payout % 43% 56% 53% 75% 75%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 12%
TTM: 24%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 4%
TTM: 40%
Stock Price CAGR
10 Years: 8%
5 Years: 3%
3 Years: 7%
1 Year: 18%
Return on Equity
10 Years: %
5 Years: %
3 Years: 22%
Last Year: 25%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010
Equity Capital 15 15 15 15 15
Reserves 179 198 219 227 235
0 0 0 0 0
147 191 224 259 310
Total Liabilities 341 404 459 502 560
90 96 120 127 134
CWIP 1 2 3 5 7
Investments 161 184 223 194 191
89 121 113 175 228
Total Assets 341 404 459 502 560

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010
68 71 68 22 52
-62 -29 -61 24 -5
-22 -23 -37 -37 -55
Net Cash Flow -16 20 -30 9 -7

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010
Debtor Days 4 6 5 5 11
Inventory Days 145 186 203 271 250
Days Payable 323 420 408 326 225
Cash Conversion Cycle -173 -227 -200 -51 36
Working Capital Days -80 -126 -135 -102 -78
ROCE % 42% 35% 26% 34%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
32.16% 32.16% 32.16% 32.16% 32.16% 32.16% 32.16% 32.16% 32.16% 32.16% 32.16% 32.16%
2.41% 2.14% 1.81% 1.75% 1.84% 1.69% 1.86% 1.64% 1.55% 1.40% 1.39% 1.37%
17.27% 16.19% 16.28% 16.59% 16.62% 16.64% 16.62% 16.87% 17.24% 17.54% 17.52% 15.69%
48.16% 49.31% 49.55% 49.29% 49.01% 49.14% 49.00% 48.96% 48.69% 48.53% 48.57% 50.42%
0.00% 0.20% 0.20% 0.20% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37%
No. of Shareholders 26,78030,85933,36133,44133,28932,98832,58832,00231,25830,43131,07332,868

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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