Vruddhi Engineering Works Ltd

Vruddhi Engineering Works Ltd

₹ 176 1.97%
22 Nov - close price
About

Incorporated in 2020, Vruddhi Engineering
Works Ltd provides mechanical splicing solutions to the real estate, construction, and infrastructure industry[1]

Key Points

Business Overview:[1][2]
VEWL is in trading of couplers, threading services and crimping services for couplers, trading, importing and exporting of engineered construction products, MS products and construction machinery and spares. It design and engineer the rebar couplers as per customer's requirement and manufactured by a third-party manufacturer.

  • Market Cap 44.3 Cr.
  • Current Price 176
  • High / Low 388 / 71.0
  • Stock P/E 80.6
  • Book Value 30.2
  • Dividend Yield 0.00 %
  • ROCE 21.9 %
  • ROE 23.7 %
  • Face Value 10.0

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 39.6%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend

* 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

Part of BSE SME IPO

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Half Yearly Results

Figures in Rs. Crores

Mar 2023 Sep 2023 Mar 2024 Sep 2024
9.03 9.35 12.47 13.83
8.51 8.38 12.18 12.97
Operating Profit 0.52 0.97 0.29 0.86
OPM % 5.76% 10.37% 2.33% 6.22%
0.00 0.00 0.35 0.01
Interest 0.13 0.19 0.22 0.12
Depreciation 0.14 0.11 0.29 0.26
Profit before tax 0.25 0.67 0.13 0.49
Tax % 28.00% 40.30% -30.77% 20.41%
0.18 0.41 0.16 0.39
EPS in Rs 28.44 2.22 0.87 1.55
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
0.00 2.21 13.07 21.82 26.30
0.01 2.07 11.72 20.56 25.15
Operating Profit -0.01 0.14 1.35 1.26 1.15
OPM % 6.33% 10.33% 5.77% 4.37%
0.00 0.00 0.02 0.35 0.36
Interest 0.00 0.00 0.14 0.41 0.34
Depreciation 0.00 0.02 0.22 0.41 0.55
Profit before tax -0.01 0.12 1.01 0.79 0.62
Tax % 0.00% 25.00% 25.74% 27.85%
-0.01 0.09 0.75 0.57 0.55
EPS in Rs -10.00 90.00 118.48 3.09 2.42
Dividend Payout % 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 43%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 289%
TTM: -7%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 40%
Last Year: 24%

Balance Sheet

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.01 0.01 0.06 1.84 2.52
Reserves -0.01 0.09 2.06 0.85 5.09
0.02 0.48 3.24 2.90 3.54
0.01 0.42 2.47 5.90 5.19
Total Liabilities 0.03 1.00 7.83 11.49 16.34
0.00 0.31 1.37 1.94 2.05
CWIP 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.01 0.01 0.01
0.03 0.69 6.45 9.54 14.28
Total Assets 0.03 1.00 7.83 11.49 16.34

Cash Flows

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.02 -0.04 -2.32 1.40
0.01 -0.33 -0.42 -0.97
0.02 0.45 3.02 -0.64
Net Cash Flow 0.01 0.09 0.28 -0.21

Ratios

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 80.93 147.45 100.20
Inventory Days 0.00 9.36 16.80 18.03
Days Payable 35.10 75.03 72.60
Cash Conversion Cycle 55.19 89.22 45.62
Working Capital Days 28.08 101.65 59.05
ROCE % 40.00% 38.72% 21.92%

Shareholding Pattern

Numbers in percentages

Mar 2024Apr 2024Sep 2024
98.63% 72.05% 72.05%
0.00% 6.34% 0.00%
0.00% 6.34% 0.00%
1.37% 15.27% 27.95%
No. of Shareholders 716195

* 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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