Vasudhagama Enterprises Ltd

Vasudhagama Enterprises Ltd

₹ 9.97 -1.97%
22 Nov 3:16 p.m.
About

Incorporated in 1989, Vasudhagama Enterprises Ltd is in the business of trading in commodities and in real estate business[1]

Key Points

New Business Lines:[1]
In FY22, company altered its Objects Clause of the Memorandum of Association and included:
a) To carry on the business of advertising and marketing support services including Internet marketing-commerce measures, Print, Outdoor advertising, Sale of time slots in broadcast media, Exhibitions/trade fairs, SMS marketing, print and distribution of brochures, etc.
b) To carry on the business of sell and purchase of advertising time or sponsorships on any radio station, television centre, events, programs, etc.
c) To set up E-commerce portals and appoint Agency, C & F Agent, distributors for sale of products and services
d) To deal in all types of tools, tackles, instruments, apparatus including lathes,
turret-lathes, capstan lathes, engine lathes,
drilling machines, shaping machines, planting machines, milling machines, grinding machines, slotting machines, broaching machines, lapping machines, weighting machines, wrapping machines, filtration equipment, franking machines, hydraulic machines, pneumatic machines, punching machines and other allied good
e) To offer consultancy services related to engineering IT solutions, like CAD, CAM etc.
and general IT and management consultancy services
f) To provide advisory services in the
areas of human resource management
and recruitment and training policies,
HR automation and outsourcing solutions,
sales and marketing, investment and finance, business solutions, information technology, e- business and software solutions and to provide advice in relations to merger, amalgamation, takeovers, FDI, IPO, issue and listing of
securities and setting up business in India
and abroad

  • Market Cap 43.8 Cr.
  • Current Price 9.97
  • High / Low 37.9 / 9.01
  • Stock P/E 30.4
  • Book Value 25.6
  • Dividend Yield 0.00 %
  • ROCE 5.07 %
  • ROE 3.88 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.40 times its book value
  • Company's working capital requirements have reduced from 62.7 days to 18.1 days

Cons

  • Promoter holding is low: 0.06%
  • Company has a low return on equity of 2.44% over last 3 years.

* 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: Trading Industry: Trading

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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
0.15 0.00 0.00 0.00 0.00 0.00 0.00 1.50 3.14 3.75 4.50 5.51 5.51
0.05 0.07 0.10 0.03 0.02 0.01 0.01 1.39 2.80 3.31 4.04 4.89 4.91
Operating Profit 0.10 -0.07 -0.10 -0.03 -0.02 -0.01 -0.01 0.11 0.34 0.44 0.46 0.62 0.60
OPM % 66.67% 7.33% 10.83% 11.73% 10.22% 11.25% 10.89%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.04 0.04 0.04 0.04
Profit before tax 0.10 -0.07 -0.10 -0.03 -0.02 -0.01 -0.01 0.11 0.34 0.40 0.42 0.58 0.56
Tax % 30.00% 0.00% -40.00% 0.00% 0.00% 0.00% 0.00% 36.36% 20.59% 25.00% 26.19% 25.86% 25.00%
0.07 -0.07 -0.06 -0.03 -0.02 -0.01 -0.01 0.07 0.26 0.29 0.30 0.43 0.42
EPS in Rs 0.19 -0.19 -0.16 -0.08 -0.05 -0.03 -0.03 0.19 0.15 0.17 0.18 0.25 0.10
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
0.47 1.27 0.16 1.22 3.35 0.55 1.22 0.64 0.81 0.34 0.00 12.88 19.27
0.17 1.45 0.43 1.39 1.86 0.17 0.86 0.19 0.22 0.23 0.06 11.54 17.15
Operating Profit 0.30 -0.18 -0.27 -0.17 1.49 0.38 0.36 0.45 0.59 0.11 -0.06 1.34 2.12
OPM % 63.83% -14.17% -168.75% -13.93% 44.48% 69.09% 29.51% 70.31% 72.84% 32.35% 10.40% 11.00%
0.00 0.68 0.59 0.81 0.00 0.00 0.09 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.03 0.33 0.18 0.49 1.04 0.00 0.00 0.00 0.00 0.02 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.09 0.16
Profit before tax 0.27 0.17 0.14 0.15 0.45 0.38 0.45 0.45 0.59 0.09 -0.06 1.25 1.96
Tax % 14.81% 47.06% 28.57% 26.67% 11.11% 60.53% 22.22% 28.89% 23.73% 66.67% 16.67% 25.60%
0.22 0.10 0.10 0.11 0.40 0.15 0.35 0.31 0.45 0.03 -0.07 0.93 1.44
EPS in Rs 0.59 0.27 0.27 0.30 1.08 0.41 0.95 0.84 1.22 0.08 -0.19 0.55 0.70
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 26%
5 Years: 60%
3 Years: 151%
TTM: 315%
Compounded Profit Growth
10 Years: 25%
5 Years: 22%
3 Years: 27%
TTM: 365%
Stock Price CAGR
10 Years: %
5 Years: -34%
3 Years: -8%
1 Year: -32%
Return on Equity
10 Years: 4%
5 Years: 3%
3 Years: 2%
Last Year: 4%

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 3.79 3.79 3.70 3.70 3.70 3.70 3.70 3.70 3.70 3.70 3.70 16.96 43.91
Reserves 0.68 0.78 0.98 1.09 1.49 1.46 1.81 2.12 2.57 2.61 2.53 24.69 68.66
0.00 0.00 2.00 0.00 0.00 0.00 0.00 0.00 0.00 0.15 0.20 1.22 0.00
0.02 0.00 0.17 0.20 0.26 0.25 0.16 0.11 0.13 0.04 0.03 3.35 4.13
Total Liabilities 4.49 4.57 6.85 4.99 5.45 5.41 5.67 5.93 6.40 6.50 6.46 46.22 116.70
0.00 0.00 0.00 0.00 0.27 0.27 0.00 0.00 0.00 0.00 0.00 0.90 0.82
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.70 -1.19 -12.47 -19.25 0.18 0.00 0.00 0.00 0.00 0.00 0.00 34.49 104.55
3.79 5.76 19.32 24.24 5.00 5.14 5.67 5.93 6.40 6.50 6.46 10.83 11.33
Total Assets 4.49 4.57 6.85 4.99 5.45 5.41 5.67 5.93 6.40 6.50 6.46 46.22 116.70

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
-1.15 1.38 0.25 0.13 -19.24 0.23 0.25 0.22 0.46 0.10 -0.01 0.53
4.02 1.89 11.29 6.78 0.00 0.00 0.27 0.00 0.00 0.00 0.00 -1.43
-2.87 -3.26 -11.39 -7.05 19.25 -0.21 -0.55 -0.22 -0.47 -0.08 0.00 1.02
Net Cash Flow 0.00 0.01 0.15 -0.15 0.01 0.02 -0.03 0.00 0.00 0.02 -0.01 0.12

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 7.77 2.87 22.81 2.99 0.00 0.00 0.00 0.00 0.00 0.00 108.25
Inventory Days 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable
Cash Conversion Cycle 7.77 2.87 22.81 2.99 0.00 0.00 0.00 0.00 0.00 0.00 108.25
Working Capital Days 1,048.40 22.99 -182.50 -53.85 6.54 -13.27 -2.99 17.11 9.01 107.35 18.14
ROCE % 6.57% 11.06% 5.69% 11.16% 29.86% 7.34% 8.43% 7.94% 9.76% 1.73% -0.93% 5.07%

Shareholding Pattern

Numbers in percentages

43 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
0.70% 0.70% 0.70% 0.70% 0.70% 0.70% 0.70% 0.70% 0.15% 0.15% 0.15% 0.06%
99.30% 99.30% 99.30% 99.30% 99.29% 99.30% 99.30% 99.30% 99.86% 99.85% 99.85% 99.95%
No. of Shareholders 3,8554,3584,5224,4214,7774,6274,4274,0773,5903,3413,17618,792

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