VST Industries Ltd
VST Industries is engaged inter-alia in manufacture and trading of Cigarettes, Tobacco and Tobacco products.(Source : 202003 Annual Report Page No: 93)
- Market Cap ₹ 5,192 Cr.
- Current Price ₹ 3,363
- High / Low ₹ 3,880 / 2,857
- Stock P/E 84.5
- Book Value ₹ 162
- Dividend Yield 4.48 %
- ROCE 34.4 %
- ROE 24.9 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is providing a good dividend yield of 4.47%.
- Company has been maintaining a healthy dividend payout of 67.4%
Cons
- Stock is trading at 20.8 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| Net Profit |
| EPS in Rs |
| Raw PDF |
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% |
| Net Profit | 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: | 1% |
| 1 Year: | 6% |
| 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 | |
|---|---|---|---|---|---|
| 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% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 30 May
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 26 May
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
17 May - Enclose copies of the newspaper advertisement of the Notice regarding transfer of unclaimed Dividend and Equity shares to the IEPF published in Business Standard (All …
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
12 May - In compliance with the Regulation 24A of the SEBI (LODR) Regulations, 2015, as amended and SEBI Circular CIR/CFD/CMD 1/27/2019 dated February 8, 2019, we hereby …
- Book Closure Date And Annual General Meeting 25 Apr
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
from nse
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Leading Cigarette Manufacturer[1]
Founded in the year 1930, VST Industries got its name through its founder Vazir Sultan and now they are the third-largest player in the Indian Cigarette Market with over 90 years of operations. The market share of VST Industries stands at 9% [2] in the legal cigarette market and 5% in the overall cigarette market in terms of value.