Financials Vesuvius India Limited

Equities

VESUVIUS

INE386A01015

Industrial Machinery & Equipment

Delayed Bombay S.E. 12:19:40 2024-04-30 am EDT 5-day change 1st Jan Change
4,823 INR +10.70% Intraday chart for Vesuvius India Limited +23.79% +34.44%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 22,310 22,168 21,977 32,785 72,813 88,425 -
Enterprise Value (EV) 1 22,310 22,168 21,977 32,785 68,291 82,255 80,514
P/E ratio 26.1 x 41.8 x 32.3 x 28.1 x 34.2 x 37 x 31.8 x
Yield 0.8% 0.64% 0.74% - - - -
Capitalization / Revenue 2.52 x 2.8 x 2.1 x - 4.54 x 4.65 x 4 x
EV / Revenue 2.52 x 2.8 x 2.1 x - 4.26 x 4.32 x 3.64 x
EV / EBITDA 18.5 x 28.9 x 22.1 x - 23.8 x 25.4 x 21.4 x
EV / FCF 51.9 x 25.5 x -417 x - -160 x 60.9 x 54 x
FCF Yield 1.93% 3.92% -0.24% - -0.62% 1.64% 1.85%
Price to Book 2.77 x - 2.45 x - 6.1 x 6.26 x 5.3 x
Nbr of stocks (in thousands) 20,296 20,296 20,296 20,296 20,296 20,296 -
Reference price 2 1,099 1,092 1,083 1,615 3,588 4,357 4,357
Announcement Date 2/21/20 2/25/21 2/24/22 2/27/23 2/9/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 8,870 7,915 10,472 - 16,031 19,027 22,129
EBITDA 1 1,207 768.1 992.4 - 2,868 3,234 3,762
EBIT 1 941.8 505.7 719 - 2,509 2,824 3,250
Operating Margin 10.62% 6.39% 6.87% - 15.65% 14.84% 14.69%
Earnings before Tax (EBT) 1 1,234 715.5 915.6 - 2,854 3,194 3,724
Net income 1 855.5 530.5 680.5 1,168 2,129 2,389 2,785
Net margin 9.64% 6.7% 6.5% - 13.28% 12.56% 12.59%
EPS 2 42.15 26.13 33.53 57.54 104.9 117.7 137.2
Free Cash Flow 1 429.5 869.4 -52.7 - -425.6 1,350 1,490
FCF margin 4.84% 10.98% -0.5% - -2.65% 7.1% 6.73%
FCF Conversion (EBITDA) 35.58% 113.19% - - - 41.74% 39.61%
FCF Conversion (Net income) 50.2% 163.88% - - - 56.51% 53.5%
Dividend per Share 8.740 7.000 8.000 - - - -
Announcement Date 2/21/20 2/25/21 2/24/22 2/27/23 2/9/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3
Net sales 1 2,676 2,589 3,117 3,296 3,528
EBITDA 1 277 201.7 333.8 409.8 499.7
EBIT - - - - -
Operating Margin - - - - -
Earnings before Tax (EBT) - - - - -
Net income - - - - -
Net margin - - - - -
EPS - - - - -
Dividend per Share - - - - -
Announcement Date 11/10/21 2/24/22 5/6/22 8/12/22 11/14/22
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 - - - - - - -
Net Cash position 1 - - - - 4,523 6,170 7,911
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 430 869 -52.7 - -426 1,350 1,490
ROE (net income / shareholders' equity) 11.1% 6.44% 7.83% - 19.4% 18.3% 18.1%
ROA (Net income/ Total Assets) 8.97% - - - - - -
Assets 1 9,533 - - - - - -
Book Value Per Share 2 396.0 - 442.0 - 588.0 696.0 822.0
Cash Flow per Share - - - - - - -
Capex 1 313 152 320 - 1,249 1,200 1,200
Capex / Sales 3.53% 1.92% 3.05% - 7.79% 6.31% 5.42%
Announcement Date 2/21/20 2/25/21 2/24/22 2/27/23 2/9/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings

Quarterly revenue - Rate of surprise

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