Vijay Textiles Ltd
₹ 14.1
-5.00%
23 Dec
- close price
About
Incorporated in 1990, Vijay Textiles Limited
is engaged in Textile manufacturing.
Key Points
- Market Cap ₹ 25.8 Cr.
- Current Price ₹ 14.1
- High / Low ₹ 32.0 / 10.2
- Stock P/E
- Book Value ₹ 24.7
- Dividend Yield 0.00 %
- ROCE -1.70 %
- ROE -41.4 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.57 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -32.4% over past five years.
- Company has a low return on equity of -22.7% over last 3 years.
- Company might be capitalizing the interest cost
- Promoters have pledged 50.3% of their holding.
- Company has high debtors of 4,142 days.
- Working capital days have increased from 3,890 days to 5,503 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: Textiles Industry: Textiles - Processing
Loading peers table ...
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 93 | 106 | 89 | 108 | 116 | 110 | 95 | 66 | 25 | 26 | 26 | 13 | |
| 66 | 83 | 80 | 79 | 86 | 76 | 65 | 46 | 38 | 29 | 22 | 14 | |
| Operating Profit | 26 | 23 | 9 | 29 | 30 | 34 | 30 | 20 | -12 | -3 | 3 | -1 |
| OPM % | 29% | 22% | 10% | 27% | 26% | 31% | 31% | 31% | -49% | -11% | 13% | -4% |
| 3 | 5 | 0 | 1 | 4 | 1 | 1 | 0 | 0 | 7 | 0 | 1 | |
| Interest | 23 | 21 | 20 | 20 | 22 | 22 | 22 | 18 | 17 | 15 | 8 | 9 |
| Depreciation | 6 | 6 | 9 | 8 | 7 | 7 | 7 | 8 | 7 | 6 | 5 | 5 |
| Profit before tax | 1 | 1 | -20 | 1 | 4 | 7 | 2 | -5 | -36 | -16 | -9 | -13 |
| Tax % | 259% | -175% | -2% | 6% | -8% | -20% | -41% | 24% | -33% | -30% | -28% | 75% |
| -1 | 2 | -19 | 1 | 5 | 8 | 3 | -6 | -24 | -12 | -7 | -24 | |
| EPS in Rs | -0.70 | 1.72 | -16.76 | 0.88 | 3.48 | 6.12 | 1.97 | -3.77 | -13.09 | -6.29 | -3.57 | -12.85 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 16% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -19% |
| 5 Years: | -32% |
| 3 Years: | -19% |
| TTM: | -48% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 0% |
| TTM: | -264% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | -10% |
| 3 Years: | -32% |
| 1 Year: | -48% |
| Return on Equity | |
|---|---|
| 10 Years: | -10% |
| 5 Years: | -18% |
| 3 Years: | -23% |
| Last Year: | -41% |
Balance Sheet
Figures in Rs. Crores
| 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 | 12 | 12 | 12 | 12 | 13 | 13 | 15 | 15 | 18 | 18 | 18 | 18 |
| Reserves | 58 | 60 | 40 | 41 | 48 | 56 | 109 | 103 | 68 | 57 | 50 | 27 |
| 214 | 202 | 220 | 230 | 199 | 211 | 204 | 202 | 225 | 228 | 221 | 226 | |
| 23 | 31 | 31 | 34 | 77 | 75 | 44 | 63 | 50 | 49 | 63 | 73 | |
| Total Liabilities | 307 | 305 | 303 | 317 | 338 | 355 | 372 | 384 | 361 | 352 | 353 | 344 |
| 100 | 94 | 89 | 86 | 80 | 76 | 70 | 77 | 70 | 57 | 52 | 47 | |
| CWIP | 1 | 4 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 205 | 207 | 214 | 231 | 258 | 279 | 302 | 306 | 291 | 294 | 301 | 297 | |
| Total Assets | 307 | 305 | 303 | 317 | 338 | 355 | 372 | 384 | 361 | 352 | 353 | 344 |
Cash Flows
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -23 | 34 | 1 | 14 | 11 | 12 | 7 | 22 | 26 | -16 | 10 | 6 | |
| 82 | 2 | -1 | -5 | -2 | -2 | -1 | -0 | 0 | 9 | 0 | 0 | |
| -60 | -36 | 5 | -14 | -9 | -9 | -6 | -22 | -26 | 7 | -4 | -1 | |
| Net Cash Flow | -1 | -0 | 5 | -5 | -0 | -0 | -0 | -0 | 1 | 1 | 6 | 5 |
Ratios
Figures in Rs. Crores
| 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 | 241 | 260 | 390 | 388 | 375 | 405 | 546 | 888 | 2,231 | 2,151 | 2,225 | 4,142 |
| Inventory Days | 748 | 610 | 528 | 576 | 643 | 910 | 1,197 | 1,742 | 2,214 | 3,481 | 3,473 | 5,740 |
| Days Payable | 49 | 86 | 91 | 116 | 112 | 122 | 155 | 245 | 368 | 654 | 757 | 1,330 |
| Cash Conversion Cycle | 939 | 784 | 826 | 848 | 906 | 1,193 | 1,588 | 2,384 | 4,076 | 4,979 | 4,941 | 8,552 |
| Working Capital Days | 685 | 560 | 702 | 636 | 658 | 767 | 946 | 1,328 | 2,962 | 3,153 | 3,013 | 5,503 |
| ROCE % | 8% | 8% | 0% | 8% | 10% | 11% | 8% | 4% | -6% | -3% | -0% | -2% |
Documents
Announcements
- Results-Delay in Financial Results 13 Nov
- Shareholder Meeting / Postal Ballot-Outcome of AGM 1 Oct
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 1 Oct
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
1 Oct - Outcome of 34th Annual General Meeting held on 30th September 2024.
- Closure of Trading Window 27 Sep
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Business Overview:[1]
Company manufactures fabrics like canvas, cotton, crepe, linen, satin, etc. with 5000+ in-house customized designs of floral, paisleys, abstract, geometrical, etc.