Viaz Tyres Ltd
₹ 58.8
-4.39%
03 Jul
- close price
About
Incorporated in 2018, Viaz Tyres Limited is an Ahmedabad-based company engaged in manufacturing of rubber tubes for bicycles, two and three-wheelers, passenger vehicles, and heavy-load industrial vehicles.[1]
Key Points
- Market Cap ₹ 72.0 Cr.
- Current Price ₹ 58.8
- High / Low ₹ 72.9 / 37.2
- Stock P/E 30.4
- Book Value ₹ 27.3
- Dividend Yield 0.00 %
- ROCE 10.0 %
- ROE 7.62 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 10.6% 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.
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
19.87 | 29.14 | 29.20 | 45.92 | 50.37 | |
17.55 | 25.24 | 24.77 | 41.02 | 45.29 | |
Operating Profit | 2.32 | 3.90 | 4.43 | 4.90 | 5.08 |
OPM % | 11.68% | 13.38% | 15.17% | 10.67% | 10.09% |
0.08 | 0.03 | 0.11 | 0.36 | 0.33 | |
Interest | 1.18 | 1.43 | 1.36 | 1.28 | 1.14 |
Depreciation | 1.03 | 1.85 | 1.44 | 1.27 | 1.20 |
Profit before tax | 0.19 | 0.65 | 1.74 | 2.71 | 3.07 |
Tax % | 26.32% | 6.15% | 17.24% | 25.46% | 22.80% |
0.15 | 0.61 | 1.44 | 2.02 | 2.37 | |
EPS in Rs | 0.35 | 1.44 | 3.39 | 1.65 | 1.93 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 20% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 57% |
TTM: | 17% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 20% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 11% |
Last Year: | 8% |
Balance Sheet
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Equity Capital | 4.25 | 4.25 | 4.25 | 12.25 | 12.25 |
Reserves | 0.08 | 0.69 | 1.78 | 18.85 | 21.22 |
18.96 | 20.48 | 19.96 | 10.87 | 13.53 | |
1.01 | 1.72 | 2.67 | 3.98 | 3.88 | |
Total Liabilities | 24.30 | 27.14 | 28.66 | 45.95 | 50.88 |
8.85 | 7.99 | 7.60 | 6.51 | 11.86 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.21 | 0.22 | 0.00 | 0.00 | 0.00 |
15.24 | 18.93 | 21.06 | 39.44 | 39.02 | |
Total Assets | 24.30 | 27.14 | 28.66 | 45.95 | 50.88 |
Cash Flows
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
-10.66 | 4.47 | 2.85 | -12.57 | 3.66 | |
-7.76 | -0.99 | -1.30 | -0.18 | -2.08 | |
18.49 | -3.42 | -1.87 | 12.68 | 1.53 | |
Net Cash Flow | 0.06 | 0.07 | -0.32 | -0.07 | 3.11 |
Ratios
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 27.92 | 60.12 | 130.75 | 153.89 | |
Inventory Days | 259.84 | 143.04 | 145.03 | 112.38 | |
Days Payable | 19.00 | 25.33 | 28.77 | 27.35 | |
Cash Conversion Cycle | 268.77 | 177.83 | 247.01 | 238.92 | |
Working Capital Days | 257.54 | 211.06 | 232.25 | 281.46 | |
ROCE % | 8.54% | 12.06% | 11.74% |
Documents
Announcements
-
Updates
2 July 2024 - Viaz Tyres Limited has informed regarding 'REGULATION 30 OF SEBI LISTING REGULATIONS, 2015-INCORPORATION OF AN OVERSEAS SUBSIDIARY'.
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Declaration for audit reports with unmodified opinion(s)
27 May 2024 - Viaz Tyres Limited has informed about Declaration for audit reports with unmodified opinion(s)
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Financial Result Updates
27 May 2024 - Viaz Tyres Limited has submitted to the Exchange, the financial results for the period ended March 31, 2024.
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Outcome of Board Meeting
27 May 2024 - Viaz Tyres Limited has informed regarding Outcome of Board Meeting held on May 27, 2024.
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Board Meeting Intimation
20 May 2024 - VIAZ TYRES LIMITED has informed about Board Meeting to be held on 27-May-2024 to consider and approve the Yearly Audited Financial results of the Company …
Business Area[1] Company sells rubber tubes, bicycle tires, and ancillary products under the brand name "Viaz" across 18 states and 5 countries.