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 ₹ 9,185 Cr.
- Current Price ₹ 4,516
- High / Low ₹ 6,000 / 3,238
- Stock P/E 34.7
- Book Value ₹ 705
- Dividend Yield 0.32 %
- ROCE 26.4 %
- ROE 20.2 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 25.3% CAGR over last 5 years
Cons
* 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 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
602 | 652 | 700 | 822 | 911 | 925 | 887 | 792 | 1,047 | 1,343 | 1,603 | 1,869 | |
489 | 552 | 574 | 670 | 745 | 777 | 766 | 714 | 947 | 1,178 | 1,314 | 1,521 | |
Operating Profit | 112 | 101 | 126 | 152 | 167 | 148 | 121 | 77 | 100 | 165 | 289 | 347 |
OPM % | 19% | 15% | 18% | 18% | 18% | 16% | 14% | 10% | 10% | 12% | 18% | 19% |
5 | 9 | 10 | 13 | 9 | 23 | 29 | 21 | 20 | 23 | 35 | 48 | |
Interest | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 |
Depreciation | 18 | 19 | 23 | 27 | 30 | 28 | 27 | 26 | 27 | 30 | 36 | 46 |
Profit before tax | 99 | 90 | 112 | 136 | 145 | 142 | 123 | 72 | 92 | 157 | 285 | 349 |
Tax % | 34% | 34% | 35% | 35% | 35% | 35% | 31% | 26% | 26% | 26% | 25% | 24% |
65 | 59 | 74 | 89 | 94 | 93 | 86 | 53 | 68 | 117 | 213 | 265 | |
EPS in Rs | 32.11 | 29.15 | 36.26 | 43.79 | 46.54 | 45.59 | 42.15 | 26.14 | 33.53 | 57.54 | 104.92 | 130.33 |
Dividend Payout % | 15% | 24% | 17% | 15% | 15% | 15% | 21% | 27% | 24% | 14% | 12% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 16% |
3 Years: | 21% |
TTM: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | 16% |
5 Years: | 25% |
3 Years: | 57% |
TTM: | 24% |
Stock Price CAGR | |
---|---|
10 Years: | 20% |
5 Years: | 43% |
3 Years: | 64% |
1 Year: | 31% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 14% |
3 Years: | 18% |
Last Year: | 20% |
Balance Sheet
Figures in Rs. Crores
Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
Reserves | 377 | 419 | 477 | 562 | 641 | 717 | 784 | 822 | 876 | 977 | 1,173 | 1,411 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 13 | |
120 | 139 | 147 | 161 | 193 | 188 | 177 | 216 | 292 | 333 | 382 | 402 | |
Total Liabilities | 518 | 578 | 644 | 743 | 854 | 925 | 981 | 1,058 | 1,188 | 1,331 | 1,589 | 1,847 |
134 | 132 | 131 | 124 | 113 | 121 | 124 | 120 | 116 | 194 | 316 | 434 | |
CWIP | 5 | 20 | 14 | 16 | 38 | 26 | 28 | 21 | 27 | 38 | 86 | 196 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
379 | 426 | 499 | 603 | 703 | 779 | 829 | 917 | 1,045 | 1,098 | 1,187 | 1,217 | |
Total Assets | 518 | 578 | 644 | 743 | 854 | 925 | 981 | 1,058 | 1,188 | 1,331 | 1,589 | 1,847 |
Cash Flows
Figures in Rs. Crores
Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
64 | 65 | 54 | 50 | 191 | 95 | 74 | 102 | 27 | 128 | 82 | 258 | |
-53 | -28 | -21 | 21 | 2 | -310 | 297 | -503 | -39 | -6 | -37 | -233 | |
-11 | -14 | -15 | -15 | -16 | -17 | -17 | -14 | -14 | -16 | -18 | -27 | |
Net Cash Flow | 1 | 23 | 18 | 56 | 177 | -231 | 354 | -415 | -26 | 106 | 28 | -1 |
Ratios
Figures in Rs. Crores
Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 108 | 105 | 118 | 119 | 88 | 72 | 77 | 75 | 57 | 57 | 74 | 75 |
Inventory Days | 65 | 69 | 68 | 77 | 69 | 84 | 77 | 91 | 124 | 92 | 105 | 87 |
Days Payable | 83 | 87 | 97 | 98 | 111 | 98 | 89 | 122 | 130 | 112 | 118 | 104 |
Cash Conversion Cycle | 91 | 87 | 90 | 98 | 46 | 58 | 65 | 44 | 52 | 38 | 60 | 58 |
Working Capital Days | 88 | 82 | 91 | 102 | 59 | 58 | 63 | 51 | 55 | 41 | 65 | 62 |
ROCE % | 27% | 22% | 24% | 25% | 24% | 20% | 16% | 9% | 11% | 17% | 26% | 26% |
Documents
Announcements
- Closure of Trading Window 26 Mar
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Announcement under Regulation 30 (LODR)-Newspaper Publication
28 Feb - Copy of Newspaper Advertisement pertaining to Financial Results for the Financial Year ended on December 31, 2024
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Integrated Filing (Financial)
27 Feb - Integrated financial results for the year ended December 31, 2024.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
27 Feb - Submission of Annual Secretarial Compliance Report for FY 2024.
-
Appointment Of Secretarial Auditor.
26 Feb - Board meeting outcome: financial results, dividend, share split.
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
from bse
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Financial Year 2013
from nse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
Concalls
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Nov 2024TranscriptPPT
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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]