Financials V-MARC India Limited

Equities

VMARCIND

INE0GXK01018

Electrical Components & Equipment

Market Closed - NSE India S.E. 07:40:49 2024-04-29 am EDT 5-day change 1st Jan Change
133 INR +4.97% Intraday chart for V-MARC India Limited +27.47% -23.88%

Valuation

Fiscal Period: March 2022 2023
Capitalization 1 857.9 906.9
Enterprise Value (EV) 1 1,427 1,663
P/E ratio 17.2 x 8.69 x
Yield - -
Capitalization / Revenue 0.47 x 0.36 x
EV / Revenue 0.79 x 0.67 x
EV / EBITDA 9.32 x 5.91 x
EV / FCF -11.7 x -4.12 x
FCF Yield -8.54% -24.3%
Price to Book 1.24 x 1.14 x
Nbr of stocks (in thousands) 22,786 22,786
Reference price 2 37.65 39.80
Announcement Date 8/18/22 8/25/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 1,430 2,049 1,712 1,751 1,810 2,494
EBITDA 1 84.28 120 123.2 152.9 153.1 281.3
EBIT 1 74.23 108.9 113.1 134 127.4 255.8
Operating Margin 5.19% 5.31% 6.6% 7.65% 7.04% 10.26%
Earnings before Tax (EBT) 1 38.81 70.1 68.9 79.33 64.73 136.3
Net income 1 24.77 48.56 49.25 57.93 49.92 104.5
Net margin 1.73% 2.37% 2.88% 3.31% 2.76% 4.19%
EPS 2 1.739 3.045 3.089 3.450 2.190 4.580
Free Cash Flow 1 -75.17 -19.6 -104 -58.35 -121.9 -403.3
FCF margin -5.26% -0.96% -6.07% -3.33% -6.74% -16.17%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 9/15/18 9/6/19 11/30/20 7/5/21 8/18/22 8/25/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 367 368 437 491 570 756
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 4.353 x 3.069 x 3.552 x 3.209 x 3.72 x 2.686 x
Free Cash Flow 1 -75.2 -19.6 -104 -58.3 -122 -403
ROE (net income / shareholders' equity) 11% 17.9% 15% 15% 8.97% 14%
ROA (Net income/ Total Assets) 6.56% 8.58% 6.48% 6.4% 4.92% 7.29%
Assets 1 377.8 566.2 760 905.6 1,015 1,434
Book Value Per Share 2 16.70 19.10 22.10 25.00 30.40 35.00
Cash Flow per Share 2 0.1100 0.0500 0.6700 0.0400 0.0700 0.0400
Capex 1 12.8 74.1 80.3 23.1 25.4 517
Capex / Sales 0.9% 3.62% 4.69% 1.32% 1.4% 20.73%
Announcement Date 9/15/18 9/6/19 11/30/20 7/5/21 8/18/22 8/25/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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