Virat Crane Industries Ltd

Virat Crane Industries Ltd

₹ 60.6 -5.10%
21 Nov - close price
About

Incorporated in 1995, Virate Crane Industries Ltd does procurement and processing of Milk and Milk Products[1]

Key Points

Business Overview:[1][2]
Company is a part of Crane Group. It processes milk and manufactures & sells dairy products viz. ghee, curd, paneer, milk, butter milk, etc. in Andhra Pradesh, Odisha and Karnataka

  • Market Cap 124 Cr.
  • Current Price 60.6
  • High / Low 87.0 / 38.1
  • Stock P/E 11.8
  • Book Value 33.5
  • Dividend Yield 0.00 %
  • ROCE 18.4 %
  • ROE 17.2 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Debtor days have increased from 34.2 to 43.1 days.

* 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: FMCG Industry: Food - Processing - Indian

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
23.52 27.99 26.40 29.43 28.91 32.86 31.92 32.63 29.37 36.43 36.05 30.98 29.08
21.10 25.77 24.55 26.97 26.49 30.45 30.33 30.04 27.28 33.23 31.80 27.83 26.20
Operating Profit 2.42 2.22 1.85 2.46 2.42 2.41 1.59 2.59 2.09 3.20 4.25 3.15 2.88
OPM % 10.29% 7.93% 7.01% 8.36% 8.37% 7.33% 4.98% 7.94% 7.12% 8.78% 11.79% 10.17% 9.90%
0.01 0.13 0.07 0.10 0.06 -10.26 0.00 0.00 0.06 0.00 0.01 0.00 0.00
Interest 0.08 0.05 0.08 0.08 0.09 0.31 0.09 0.13 0.12 0.16 0.15 0.12 0.01
Depreciation 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.11 0.09 0.09
Profit before tax 2.27 2.22 1.76 2.40 2.31 -8.24 1.42 2.38 1.95 2.96 4.00 2.94 2.78
Tax % 25.11% 25.23% 26.70% 25.00% 25.11% 6.43% 25.35% 25.21% 25.13% 25.34% 0.00% 25.17% 25.18%
1.70 1.66 1.29 1.80 1.73 -8.77 1.06 1.78 1.46 2.22 4.00 2.21 2.08
EPS in Rs 0.83 0.81 0.63 0.88 0.85 -4.29 0.52 0.87 0.71 1.09 1.96 1.08 1.02
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
34 46 63 60 71 88 85 85 85 96 123 134 133
31 43 54 52 68 77 75 76 76 88 114 122 119
Operating Profit 3 2 9 9 4 10 10 9 9 8 9 12 13
OPM % 8% 5% 14% 14% 5% 12% 12% 11% 10% 9% 7% 9% 10%
0 0 0 0 0 0 0 0 0 0 -10 0 0
Interest 1 0 1 0 0 1 0 0 0 0 1 1 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 2 2 8 9 4 10 10 8 8 8 -2 11 13
Tax % 36% 34% 33% 34% 36% 35% 29% 26% 26% 26% 121% 12%
1 1 5 6 2 6 7 6 6 6 -4 10 11
EPS in Rs 0.69 0.69 2.63 2.80 1.12 3.04 3.33 3.03 2.97 2.92 -2.00 4.96 5.15
Dividend Payout % 73% 72% 0% 36% 45% 33% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 11%
5 Years: 9%
3 Years: 17%
TTM: 5%
Compounded Profit Growth
10 Years: 22%
5 Years: 8%
3 Years: 19%
TTM: 96%
Stock Price CAGR
10 Years: 16%
5 Years: 24%
3 Years: 24%
1 Year: 51%
Return on Equity
10 Years: 15%
5 Years: 14%
3 Years: 14%
Last Year: 17%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 20 20 20 20 20 20 20 20 20 20 20 20 20
Reserves 2 3 7 9 10 14 19 26 32 38 34 44 48
1 1 0 0 1 4 3 3 3 3 7 6 1
8 10 10 10 13 17 8 9 8 9 14 14 16
Total Liabilities 31 34 38 39 44 56 52 58 64 70 75 84 85
12 12 12 13 14 19 18 18 18 18 18 19 18
CWIP 0 0 0 0 0 0 0 0 2 8 18 23 24
Investments 4 4 4 4 4 4 4 4 4 4 0 0 0
15 18 22 22 25 33 29 36 40 41 38 42 43
Total Assets 31 34 38 39 44 56 52 58 64 70 75 84 85

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1 3 3 7 4 4 1 1 7 4 8 6
-2 -1 -0 -1 -2 -5 -0 -0 -2 -6 -11 -5
1 -3 -2 -5 -2 2 -1 -0 -6 0 3 -2
Net Cash Flow -0 -0 1 0 0 1 -0 1 -1 -2 -0 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 5 7 6 5 7 17 18 21 29 34 25 43
Inventory Days 35 28 31 25 33 62 52 91 70 70 74 22
Days Payable 27 36 17 25 46 55 31 37 36 36 51 43
Cash Conversion Cycle 13 -1 21 5 -6 24 40 75 63 68 49 22
Working Capital Days 12 11 21 15 7 16 40 62 59 58 46 76
ROCE % 13% 11% 33% 31% 13% 30% 25% 19% 16% 14% 15% 18%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
73.37% 74.35% 74.35% 74.50% 74.50% 74.50% 74.50% 74.50% 74.50% 74.50% 74.50% 74.50%
26.63% 25.65% 25.65% 25.52% 25.50% 25.50% 25.50% 25.49% 25.50% 25.50% 25.50% 25.50%
No. of Shareholders 4,8574,6664,7685,0685,0125,0304,9464,6704,6275,0885,4905,511

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