Financials Vijay Solvex Limited

Equities

VIJSOLX6

INE362D01010

Food Processing

Market Closed - Bombay S.E. 06:00:55 2024-04-26 am EDT 5-day change 1st Jan Change
851 INR -0.15% Intraday chart for Vijay Solvex Limited -5.98% +0.05%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 1,537 701.1 1,044 2,882 5,740 2,535
Enterprise Value (EV) 1 2,416 1,270 1,377 4,041 5,783 2,369
P/E ratio 15 x 5.5 x 5.05 x 4.32 x 10 x 14.9 x
Yield - - - - - -
Capitalization / Revenue 0.17 x 0.06 x 0.07 x 0.14 x 0.21 x 0.1 x
EV / Revenue 0.27 x 0.1 x 0.1 x 0.2 x 0.21 x 0.1 x
EV / EBITDA 11.9 x 4.94 x 3.91 x 5.17 x 8.11 x 11.5 x
EV / FCF -5.87 x 3.96 x 4.23 x -4.2 x 5.52 x 3.27 x
FCF Yield -17% 25.3% 23.6% -23.8% 18.1% 30.6%
Price to Book 1.24 x 0.52 x 0.67 x 1.2 x 1.76 x 0.79 x
Nbr of stocks (in thousands) 3,201 3,201 3,201 3,201 3,201 3,201
Reference price 2 480.2 219.0 326.2 900.3 1,793 792.0
Announcement Date 9/5/18 9/5/19 11/4/20 9/6/21 9/5/22 9/1/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 8,788 12,259 14,478 20,697 27,155 24,301
EBITDA 1 202.2 257.2 352.2 781.3 713.5 205.7
EBIT 1 187.2 241.4 335 762.8 693.4 184.1
Operating Margin 2.13% 1.97% 2.31% 3.69% 2.55% 0.76%
Earnings before Tax (EBT) 1 161 192.2 274.7 890.3 762 222.9
Net income 1 102.4 127.4 206.7 667.7 574 170
Net margin 1.17% 1.04% 1.43% 3.23% 2.11% 0.7%
EPS 2 31.99 39.79 64.58 208.6 179.3 53.12
Free Cash Flow 1 -411.6 321 325.3 -962.1 1,048 724.3
FCF margin -4.68% 2.62% 2.25% -4.65% 3.86% 2.98%
FCF Conversion (EBITDA) - 124.84% 92.36% - 146.92% 352.08%
FCF Conversion (Net income) - 252.04% 157.38% - 182.61% 425.93%
Dividend per Share - - - - - -
Announcement Date 9/5/18 9/5/19 11/4/20 9/6/21 9/5/22 9/1/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 879 569 333 1,159 43 -
Net Cash position 1 - - - - - 166
Leverage (Debt/EBITDA) 4.346 x 2.212 x 0.9451 x 1.483 x 0.0603 x -
Free Cash Flow 1 -412 321 325 -962 1,048 724
ROE (net income / shareholders' equity) 8.88% 9.76% 14.2% 33.5% 20.2% 5.27%
ROA (Net income/ Total Assets) 5.4% 6.18% 7.95% 13.7% 9.35% 2.5%
Assets 1 1,895 2,062 2,600 4,866 6,140 6,801
Book Value Per Share 2 388.0 420.0 490.0 753.0 1,018 998.0
Cash Flow per Share 2 7.300 52.30 162.0 1.810 448.0 146.0
Capex 1 17.1 32 42.4 29.4 34.4 74
Capex / Sales 0.19% 0.26% 0.29% 0.14% 0.13% 0.3%
Announcement Date 9/5/18 9/5/19 11/4/20 9/6/21 9/5/22 9/1/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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