Visagar Polytex Ltd

Visagar Polytex Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Visagar Polytex Ltd

₹ 1.01 0.00%
22 Nov - close price
visagarpolytex.in BSE: 506146 NSE: VIVIDHA
About

Incorporated in 1983, Visagar Polytex Ltd is in the business of manufacturing and selling of textiles and readymade fabrics.

Key Points

Business Overview:[1]
Company is in textile manufacturing, trading, wholesaling & retailing activities comprising of a independent and interdependent verticals viz. Ethnic wear, Garment manufacturing, Interlining goods and Contract-based manufacturing.

Website BSE NSE
  • Market Cap ₹ 29.6 Cr.
  • Current Price ₹ 1.01
  • High / Low ₹ 2.12 / 0.85
  • Stock P/E
  • Book Value ₹ 0.02
  • Dividend Yield 0.00 %
  • ROCE -86.0 %
  • ROE -166 %
  • Face Value ₹ 1.00
Edit ratios

Pros

  • Company has reduced debt.
  • Debtor days have improved from 2,098 to 139 days.

Cons

  • Stock is trading at 41.6 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding is low: 5.63%
  • Company has a low return on equity of -38.1% over last 3 years.
  • Promoters have pledged 83.7% of their holding.
  • Company's cost of borrowing seems high

* 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

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Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
1.39 1.06 0.38 0.13 0.40 0.26 0.00 0.00 0.00 8.21 0.00 0.00 0.00
1.50 0.56 0.21 0.26 0.29 -0.23 0.68 0.25 0.08 7.80 14.58 0.22 0.20
Operating Profit -0.11 0.50 0.17 -0.13 0.11 0.49 -0.68 -0.25 -0.08 0.41 -14.58 -0.22 -0.20
OPM % -7.91% 47.17% 44.74% -100.00% 27.50% 188.46% 4.99%
0.00 0.00 0.01 0.09 0.00 0.06 0.01 0.00 0.00 0.00 0.31 0.00 0.00
Interest 0.26 0.26 0.15 0.16 0.17 0.18 0.19 0.19 0.18 0.17 0.15 0.14 0.13
Depreciation 0.14 0.14 0.27 0.16 0.16 0.16 0.16 0.16 0.16 0.17 0.17 0.09 0.09
Profit before tax -0.51 0.10 -0.24 -0.36 -0.22 0.21 -1.02 -0.60 -0.42 0.07 -14.59 -0.45 -0.42
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-0.51 0.10 -0.24 -0.37 -0.22 0.21 -1.03 -0.60 -0.43 0.08 -14.58 -0.45 -0.42
EPS in Rs -0.02 0.00 -0.01 -0.01 -0.01 0.01 -0.04 -0.02 -0.01 0.00 -0.50 -0.02 -0.01
Raw PDF

Profit & Loss

Figures in Rs. Crores

Jun 2013 Jun 2014 Mar 2015 9m Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
62 70 61 103 81 82 54 10 5 4 1 8 8
59 67 56 100 77 78 52 24 4 3 1 22 23
Operating Profit 3 3 4 3 4 4 2 -13 1 1 -0 -14 -15
OPM % 5% 4% 7% 3% 5% 5% 4% -132% 12% 22% -27% -172% -178%
0 0 0 0 0 0 0 0 0 0 0 0 0
Interest 1 1 1 1 1 1 1 0 0 1 1 1 1
Depreciation 1 1 1 2 1 1 1 1 1 1 1 1 1
Profit before tax 1 1 2 0 2 2 0 -14 0 -1 -1 -16 -15
Tax % 18% 13% 26% 33% 18% 18% 27% 0% 0% 0% 0% 0%
1 1 2 0 1 1 0 -14 0 -1 -1 -16 -15
EPS in Rs 0.04 0.04 0.07 0.00 0.06 0.06 0.01 -0.49 0.00 -0.02 -0.05 -0.53 -0.53
Dividend Payout % 18% 17% 10% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -18%
5 Years: -31%
3 Years: 20%
TTM: 3058%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -731%
Stock Price CAGR
10 Years: -32%
5 Years: 46%
3 Years: -3%
1 Year: 19%
Return on Equity
10 Years: -12%
5 Years: -35%
3 Years: -38%
Last Year: -166%

Balance Sheet

Figures in Rs. Crores

Jun 2013 Jun 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 2 2 2 18 25 25 29 29 29 29 29 29 29
Reserves 22 23 24 7 2 3 4 -10 -10 -11 -12 -28 -29
10 9 10 12 11 11 10 10 9 8 8 6 6
13 23 26 5 14 27 16 5 7 2 2 1 1
Total Liabilities 46 56 61 43 52 66 59 34 35 29 27 9 8
6 5 5 8 7 7 6 6 5 4 4 3 3
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
40 50 56 35 45 59 53 28 30 25 24 7 5
Total Assets 46 56 61 43 52 66 59 34 35 29 27 9 8

Cash Flows

Figures in Rs. Crores

Jun 2013 Jun 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1 1 0 3 0 -1 -4 -0 -0 0 -0 1
-0 -0 -0 -5 -0 -1 -0 0 -0 -0 0 1
-1 -1 0 2 0 3 4 0 0 -0 0 -2
Net Cash Flow -0 -0 -0 0 0 -0 0 -0 -0 -0 -0 0

Ratios

Figures in Rs. Crores

Jun 2013 Jun 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 160 156 197 31 79 139 164 613 1,348 1,189 4,967 139
Inventory Days 69 117 152 96 129 119 189 147 952 1,948 7,081 46
Days Payable 84 137 167 19 65 113 106 50 465 134 199 0
Cash Conversion Cycle 145 136 183 108 143 145 247 710 1,835 3,004 11,849 185
Working Capital Days 152 138 179 101 132 143 246 841 1,779 2,327 10,326 280
ROCE % 7% 7% 9% 3% 8% 8% 4% -39% 1% 0% -3% -86%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
5.63% 5.63% 5.63% 5.63% 5.63% 5.63% 5.63% 5.63% 5.63% 5.63% 5.63% 5.63%
0.00% 0.66% 0.07% 0.08% 0.08% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.03% 0.03% 0.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
94.34% 93.68% 94.27% 94.30% 94.28% 94.36% 94.37% 94.36% 94.37% 94.36% 94.38% 94.37%
No. of Shareholders 74,4771,02,7351,07,5791,06,7621,04,5161,02,5161,01,1731,05,2601,10,1051,31,4581,34,0751,40,099

* 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.

Documents

Announcements

Annual reports