Vesuvius India Ltd
Vesuvius India Ltd is primarily engaged in manufacturing and trading of refractory goods. It also provides services in relation to refractory goods. It has operations in India and caters to both domestic and international markets.[1]
- Market Cap ₹ 10,643 Cr.
- Current Price ₹ 5,243
- High / Low ₹ 6,000 / 2,815
- Stock P/E 40.7
- Book Value ₹ 642
- Dividend Yield 0.24 %
- ROCE 26.1 %
- ROE 19.4 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 18.2% CAGR over last 5 years
Cons
- Stock is trading at 8.16 times its book value
- Company has a low return on equity of 13.7% 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: Refractories Industry: Refractories / Intermediates
Part of BSE Industrials BSE Allcap Nifty Microcap 250 Nifty Total Market BSE SmallCap
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
564 | 602 | 652 | 700 | 822 | 911 | 925 | 887 | 792 | 1,047 | 1,343 | 1,603 | 1,777 | |
466 | 489 | 552 | 574 | 670 | 745 | 777 | 766 | 714 | 947 | 1,178 | 1,314 | 1,431 | |
Operating Profit | 98 | 112 | 101 | 126 | 152 | 167 | 148 | 121 | 77 | 100 | 165 | 289 | 346 |
OPM % | 17% | 19% | 15% | 18% | 18% | 18% | 16% | 14% | 10% | 10% | 12% | 18% | 19% |
2 | 5 | 9 | 10 | 13 | 9 | 23 | 29 | 21 | 20 | 23 | 35 | 49 | |
Interest | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 |
Depreciation | 16 | 18 | 19 | 23 | 27 | 30 | 28 | 27 | 26 | 27 | 30 | 36 | 44 |
Profit before tax | 83 | 99 | 90 | 112 | 136 | 145 | 142 | 123 | 72 | 92 | 157 | 285 | 349 |
Tax % | 33% | 34% | 34% | 35% | 35% | 35% | 35% | 31% | 26% | 26% | 26% | 25% | |
56 | 65 | 59 | 74 | 89 | 94 | 93 | 86 | 53 | 68 | 117 | 213 | 262 | |
EPS in Rs | 27.47 | 32.11 | 29.15 | 36.26 | 43.79 | 46.54 | 45.59 | 42.15 | 26.14 | 33.53 | 57.54 | 104.92 | 128.92 |
Dividend Payout % | 16% | 15% | 24% | 17% | 15% | 15% | 15% | 21% | 27% | 24% | 14% | 12% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 12% |
3 Years: | 27% |
TTM: | 16% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 18% |
3 Years: | 59% |
TTM: | 43% |
Stock Price CAGR | |
---|---|
10 Years: | 22% |
5 Years: | 40% |
3 Years: | 63% |
1 Year: | 38% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 12% |
3 Years: | 14% |
Last Year: | 19% |
Balance Sheet
Figures in Rs. Crores
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Jun 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
Reserves | 323 | 377 | 419 | 477 | 562 | 641 | 717 | 784 | 822 | 876 | 977 | 1,173 | 1,283 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 14 | |
117 | 120 | 139 | 147 | 161 | 193 | 188 | 177 | 216 | 292 | 333 | 382 | 386 | |
Total Liabilities | 460 | 518 | 578 | 644 | 743 | 854 | 925 | 981 | 1,058 | 1,188 | 1,331 | 1,589 | 1,703 |
117 | 134 | 132 | 131 | 124 | 113 | 121 | 124 | 120 | 116 | 194 | 316 | 372 | |
CWIP | 22 | 5 | 20 | 14 | 16 | 38 | 26 | 28 | 21 | 27 | 38 | 86 | 123 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
321 | 379 | 426 | 499 | 603 | 703 | 779 | 829 | 917 | 1,045 | 1,098 | 1,187 | 1,208 | |
Total Assets | 460 | 518 | 578 | 644 | 743 | 854 | 925 | 981 | 1,058 | 1,188 | 1,331 | 1,589 | 1,703 |
Cash Flows
Figures in Rs. Crores
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
50 | 64 | 65 | 54 | 50 | 191 | 95 | 74 | 102 | 27 | 128 | 82 | |
-20 | -53 | -28 | -21 | 21 | 2 | -310 | 297 | -503 | -39 | -6 | -37 | |
-10 | -11 | -14 | -15 | -15 | -16 | -17 | -17 | -14 | -14 | -16 | -18 | |
Net Cash Flow | 20 | 1 | 23 | 18 | 56 | 177 | -231 | 354 | -415 | -26 | 106 | 28 |
Ratios
Figures in Rs. Crores
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 108 | 108 | 105 | 118 | 119 | 88 | 72 | 77 | 75 | 57 | 57 | 74 |
Inventory Days | 59 | 65 | 69 | 68 | 77 | 69 | 84 | 77 | 91 | 124 | 92 | 105 |
Days Payable | 88 | 83 | 87 | 97 | 98 | 111 | 98 | 89 | 122 | 130 | 112 | 118 |
Cash Conversion Cycle | 79 | 91 | 87 | 90 | 98 | 46 | 58 | 65 | 44 | 52 | 38 | 60 |
Working Capital Days | 84 | 88 | 82 | 91 | 102 | 59 | 58 | 63 | 51 | 55 | 41 | 65 |
ROCE % | 26% | 27% | 22% | 24% | 25% | 24% | 20% | 16% | 9% | 11% | 17% | 26% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1d - Transcript of Institutional Investors and Analyst Meet.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
2d - Vesuvius inaugurates new AlSi and Basic Monolithic plants in Visakhapatnam.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
13 Nov - Audio recording of investor meet shared.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
6 Nov - Vesuvius India Limited will be hosting an Institutional Investors and Analyst Meet on November 12, 2024 at Visakhapatnam wherein it would be inviting a group …
-
Authorization To Kmps Under Reg. 30(5) Of SEBI LODR
28 Oct - Updated contact details of Key Managerial Personnel.
Annual reports
-
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 nse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2011
from nse
Concalls
-
Nov 2024TranscriptPPT
-
May 2023TranscriptPPT
Products and Services
The company's products include shaped refractories like shrouds, stoppers, pre-cast products, nozzles, and crucibles. It also includes unshaped refractories like castables and taphole clay. It also offers repair and maintenance services for its refractories.[1] In 2020, shaped and unshaped refractories each accounted for ~50% of revenues for the company.[2]