Varun Industries Ltd

Varun Inds. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Varun Industries Ltd

₹ 1.61 -4.73%
22 Jun 2015
Company website BSE: 532917 NSE: VARUN
About

Varun Industries Limited is an India-based manufacturer and exporter of stainless steel cookware, kitchenware, houseware and general merchandise. The Company operates in three segments: merchandise sale, petroleum oil rig hire and wind power. The Company owns wind power generation projects in Rajasthan and Tamil Nadu.

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Website BSE NSE
  • Market Cap ₹ Cr.
  • Current Price ₹ 1.61
  • High / Low ₹ /
  • Stock P/E
  • Book Value ₹ 93.7
  • Dividend Yield 0.00 %
  • ROCE 7.02 %
  • ROE -29.8 %
  • Face Value ₹ 10.0
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Pros

  • Stock is trading at 0.02 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -27.6% over past five years.
  • Company has a low return on equity of -10.4% over last 3 years.
  • Earnings include an other income of Rs.334 Cr.
  • Company has high debtors of 3,746 days.
  • Working capital days have increased from 1,305 days to 3,710 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: Steel Industry: Steel - Medium / Small

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Jun 2013 Sep 2013 Dec 2013
51 18 12 3
50 179 20 10
Operating Profit 1 -160 -8 -7
OPM % 2% -868% -71% -192%
13 359 -39 0
Interest 32 57 58 50
Depreciation 4 4 4 4
Profit before tax -23 139 -109 -60
Tax % -6% 0% 0% 0%
-22 139 -109 -60
EPS in Rs -7.43 47.59 -37.33 -20.57
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 TTM
596 743 843 1,194 1,517 2,940 3,109 168 84
575 702 806 1,137 1,404 2,785 3,135 210 258
Operating Profit 21 41 36 56 114 155 -26 -42 -174
OPM % 4% 6% 4% 5% 7% 5% -1% -25% -206%
14 19 40 30 22 14 3 239 334
Interest 12 27 36 55 81 91 116 215 196
Depreciation 2 4 8 11 18 19 19 18 16
Profit before tax 22 29 33 20 36 60 -158 -36 -53
Tax % 34% 32% 36% 36% 33% 34% 0% -3%
14 20 21 13 24 39 -158 -34 -52
EPS in Rs 11.00 14.89 9.66 5.80 10.77 13.51 -54.20 -11.84 -17.74
Dividend Payout % 41% 30% 16% 17% 14% 13% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: -28%
3 Years: -52%
TTM: -95%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -25%
Stock Price CAGR
10 Years: -10%
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: -4%
3 Years: -10%
Last Year: -30%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013
Equity Capital 13 13 22 22 22 29 29 29
Reserves 76 88 356 358 383 433 268 244
205 341 453 672 830 932 1,254 1,832
111 32 77 71 177 787 601 132
Total Liabilities 405 474 907 1,123 1,412 2,181 2,153 2,236
47 57 313 315 385 390 409 381
CWIP 13 28 11 49 3 3 1 1
Investments 2 10 11 7 7 11 17 17
343 378 573 752 1,016 1,777 1,726 1,837
Total Assets 405 474 907 1,123 1,412 2,181 2,153 2,236

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013
38 29 44 128 432 -235 -16
-25 -51 -40 -38 -26 -18 181
-9 29 -2 -83 -133 16 -253
Net Cash Flow 3 7 2 7 273 -237 -88

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013
Debtor Days 110 101 128 147 166 160 174 3,746
Inventory Days 38 38 50 36 27 14 11 96
Days Payable 42 5 20 9 39 103 71 139
Cash Conversion Cycle 107 134 159 174 155 72 113 3,702
Working Capital Days 120 156 195 195 191 83 122 3,710
ROCE % 15% 11% 8% 10% 11% 3% 7%

Shareholding Pattern

Numbers in percentages

Shareholding pattern is currently not available for this company.

Documents

Announcements

Annual reports

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