Virat Crane Industries Ltd

Virat Crane Industries Ltd

₹ 76.9 -0.38%
24 Jul - 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 157 Cr.
  • Current Price 76.9
  • High / Low 84.0 / 31.9
  • Stock P/E 15.5
  • Book Value 31.4
  • Dividend Yield 0.00 %
  • ROCE 18.4 %
  • ROE 17.2 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Tax rate seems low
  • 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

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
23.31 18.17 23.52 27.99 26.40 29.43 28.91 32.86 31.92 32.63 29.37 36.43 36.05
20.31 16.31 21.10 25.77 24.55 26.97 26.49 30.45 30.33 30.04 27.28 33.23 31.80
Operating Profit 3.00 1.86 2.42 2.22 1.85 2.46 2.42 2.41 1.59 2.59 2.09 3.20 4.25
OPM % 12.87% 10.24% 10.29% 7.93% 7.01% 8.36% 8.37% 7.33% 4.98% 7.94% 7.12% 8.78% 11.79%
0.10 0.07 0.01 0.13 0.07 0.10 0.06 -10.26 0.00 0.00 0.06 0.00 0.01
Interest 0.08 0.09 0.08 0.05 0.08 0.08 0.09 0.31 0.09 0.13 0.12 0.16 0.15
Depreciation 0.09 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.11
Profit before tax 2.93 1.76 2.27 2.22 1.76 2.40 2.31 -8.24 1.42 2.38 1.95 2.96 4.00
Tax % 27.99% 25.00% 25.11% 25.23% 26.70% 25.00% 25.11% 6.43% 25.35% 25.21% 25.13% 25.34% 0.00%
2.11 1.31 1.70 1.66 1.29 1.80 1.73 -8.77 1.06 1.78 1.46 2.22 4.00
EPS in Rs 1.03 0.64 0.83 0.81 0.63 0.88 0.85 -4.29 0.52 0.87 0.71 1.09 1.96
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
34 46 63 60 71 88 85 85 85 96 123 134
31 43 54 52 68 77 75 76 76 88 114 122
Operating Profit 3 2 9 9 4 10 10 9 9 8 9 12
OPM % 8% 5% 14% 14% 5% 12% 12% 11% 10% 9% 7% 9%
0 0 0 0 0 0 0 0 0 0 -10 0
Interest 1 0 1 0 0 1 0 0 0 0 1 1
Depreciation 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
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
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
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: 9%
Compounded Profit Growth
10 Years: 22%
5 Years: 8%
3 Years: 19%
TTM: 19%
Stock Price CAGR
10 Years: 26%
5 Years: 28%
3 Years: 30%
1 Year: 144%
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
Equity Capital 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
1 1 0 0 1 4 3 3 3 3 7 6
8 10 10 10 13 17 8 9 8 9 14 14
Total Liabilities 31 34 38 39 44 56 52 58 64 70 75 84
12 12 12 13 14 19 18 18 18 18 18 19
CWIP 0 0 0 0 0 0 0 0 2 8 18 23
Investments 4 4 4 4 4 4 4 4 4 4 0 0
15 18 22 22 25 33 29 36 40 41 38 42
Total Assets 31 34 38 39 44 56 52 58 64 70 75 84

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 -5
-2 -1 -0 -1 -2 -5 -0 -0 -2 -6 -11 -5
1 -3 -2 -5 -2 2 -1 -0 -6 0 3 10
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 21
Days Payable 27 36 17 25 46 55 31 37 36 36 51 41
Cash Conversion Cycle 13 -1 21 5 -6 24 40 75 63 68 49 23
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

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
73.38% 73.37% 74.35% 74.35% 74.50% 74.50% 74.50% 74.50% 74.50% 74.50% 74.50% 74.50%
0.06% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
26.56% 26.63% 25.65% 25.65% 25.52% 25.50% 25.50% 25.50% 25.49% 25.50% 25.50% 25.50%
No. of Shareholders 5,4694,8574,6664,7685,0685,0125,0304,9464,6704,6275,0885,490

* 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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