Vamshi Rubber Ltd - Stock Valuation and Financial Performance

BSE: 530369 | NSE: | Rubber Products | Small Cap

Vamshi Rubber Share Price

60.89 1.44 2.42%
as on 22-Nov'24 16:59

DeciZen - make an informed investing decision on Vamshi Rubber

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Vamshi Rubber stock performance -

mw4me loader
P/E Ratio (SA):
35.88
Market Cap:
25.6 Cr.
52-wk low:
24.8
52-wk high:
75.7

Is Vamshi Rubber Ltd an attractive stock to invest in?

1. Is Vamshi Rubber Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Vamshi Rubber Ltd is a below average quality company.

2. Is Vamshi Rubber Ltd undervalued or overvalued?

The key valuation ratios of Vamshi Rubber Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Vamshi Rubber Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Vamshi Rubber Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Vamshi Rubber:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Vamshi Rubber Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 8.6%11.8%9%2.3%7.9%8.5%-4.1%6.4%7.1%8.6%-
Value Creation
Index
-0.4-0.2-0.4-0.8-0.4-0.4-1.3-0.5-0.5-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 66.866.254.475.283.555.7586979.977.486
Sales YoY Gr.--0.9%-17.9%38.3%11.1%-33.3%4.1%18.9%15.9%-3.2%-
Adj EPS 2.33.11.8-2.50.70.5-70.1-0.31.51.7
YoY Gr.-33.3%-42.2%-240.5%NA-28.8%-1453.9%NA-500%NA-
BVPS (₹) 33.935.837.535.436.237.130.130.230.732.533.4
Adj Net
Profit
11.30.8-1.10.30.2-30-0.10.61
Cash Flow from Ops. 3.17.20.70.91.50.6-0.2-0.20.13.1-
Debt/CF from Ops. 5.72.929.126.515.145.2-166.9-119.2302.46-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 1.7%-1.5%10.1%-3.2%
Adj EPS -5%14.7%NANA
BVPS-0.5%-2.1%2.6%6.1%
Share Price 8.2% 29.7% 38% 133.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
6.78.84.9-6.92.11.4-210.2-0.94.65.2
Op. Profit
Mgn %
4.87.36.924.66.5-1.24.83.54.43.9
Net Profit
Mgn %
1.521.4-1.40.40.4-5.10-0.20.80.8
Debt to
Equity
1.21.41.21.61.51.621.81.61.40.1
Working Cap
Days
11812417015414221119716514114063
Cash Conv.
Cycle
8893129117109166160125101986

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 5.20%

Sales growth is growing at healthy rate in last 3 years 10.09%

Debt to equity has declined versus last 3 years average to 1.35

Sales growth is good in last 4 quarters at 14.07%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Vamshi Rubber Ltd.

Standalone Consolidated
TTM EPS (₹) 1.7 -
TTM Sales (₹ Cr.) 86.1 -
BVPS (₹.) 33.4 -
Reserves (₹ Cr.) 10 -
P/BV 1.82 -
PE 35.88 -
From the Market
52 Week Low / High (₹) 24.81 / 75.74
All Time Low / High (₹) 0.98 / 77.00
Market Cap (₹ Cr.) 25.6
Equity (₹ Cr.) 4.2
Face Value (₹) 10
Industry PE 37.1

Management X-Ray of Vamshi Rubber:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *31.180.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Vamshi Rubber

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales66.8366.2154.3875.2083.5455.7258.0268.9979.9477.42
Operating Expenses 63.6461.3650.6673.6779.6852.0758.7265.6777.1874.05
Manufacturing Costs6.246.204.665.705.794.763.594.605.616.18
Material Costs42.7438.7334.6655.2259.6233.6342.1249.0759.1853.02
Employee Cost 55.926.667.258.307.727.897.808.039.49
Other Costs 9.6510.514.675.505.975.965.134.214.365.35
Operating Profit 3.204.853.721.533.863.65-0.703.312.763.37
Operating Profit Margin (%) 4.8%7.3%6.8%2.0%4.6%6.5%-1.2%4.8%3.5%4.4%
Other Income 0.380.220.600.450.380.740.340.140.370.39
Interest 1.541.962.072.272.602.862.392.292.121.99
Depreciation 0.931.091.121.171.211.161.251.0910.95
Exceptional Items 00-0.020.0200.080.0100.300
Profit Before Tax 1.102.021.12-1.430.430.45-40.070.310.82
Tax 0.130.710.37-0.5100.03-1.180.040.220.21
Profit After Tax 0.971.310.75-0.930.420.42-2.820.030.090.61
PAT Margin (%) 1.5%2.0%1.4%-1.2%0.5%0.8%-4.9%0.0%0.1%0.8%
Adjusted EPS (₹)2.33.11.8-2.21.01.0-6.70.10.21.5
Dividend Payout Ratio (%)43%32%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 14.2715.0715.7914.8715.2315.5912.6712.7112.9013.69
Share Capital 4.214.214.214.214.214.214.214.214.214.21
Reserves 10.0610.8611.5810.6711.0311.388.468.518.709.48
Minority Interest0000000000
Debt16.8519.9418.1622.1121.7822.4720.9720.5518.2517.86
Long Term Debt6.565.651.852.422.913.035.034.432.511.78
Short Term Debt10.3014.3016.3119.6918.8719.4415.9516.1115.7416.09
Trade Payables2.832.625.715.694.594.313.887.235.827.74
Others Liabilities 5.937.369.979.188.108.548.457.356.525.38
Total Liabilities 39.884549.6251.8549.7150.9045.9747.8543.4944.68

Fixed Assets

Gross Block22.7527.2728.4329.5230.5131.6632.2132.5633.0333.37
Accumulated Depreciation10.6711.7712.8613.9615.1715.9617.1718.2619.2319.82
Net Fixed Assets12.0815.5015.5615.5615.3415.6915.0414.3013.8013.56
CWIP 1.840.010.190.0700.3900.020.020
Investments 1.601.601.751.801.860.400.400.400.400.40
Inventories12.1111.2116.2316.3913.8215.7812.4614.0710.8811.11
Trade Receivables9.3012.1813.0914.9415.5415.3315.6216.8016.5617
Cash Equivalents 0.611.801.060.891.251.320.970.440.250.51
Others Assets2.342.691.732.201.901.991.481.821.572.09
Total Assets 39.884549.6251.8549.7150.9045.9747.8543.4944.68

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 3.087.160.650.921.490.55-0.15-0.190.073.09
PBT 1.102.021.12-1.390.430.45-40.070.310.82
Adjustment 2.373.221.141.151.211.081.241.0910.95
Changes in Working Capital -0.052.58-0.671.45-0.05-0.992.61-1.36-1.171.41
Tax Paid -0.34-0.66-0.94-0.29-0.090.0100-0.07-0.10
Cash Flow From Investing Activity -4.61-2.69-1.76-0.96-1.52-0.690.190.21-0.10-0.95
Capex -4.61-2.69-1.16-1.14-0.99-1.52-0.58-0.35-0.25-0.71
Net Investments 00-0.06-0.07-0.081.430000
Others 00-0.550.25-0.45-0.600.770.560.14-0.24
Cash Flow From Financing Activity 0.67-3.280000000-2.14
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 2.61-0.910000000-1.72
Interest Paid -1.44-1.8600000000
Dividend Paid -0.42-0.5100000000
Others -0.0900000000-0.43
Net Cash Flow -0.861.18-1.11-0.04-0.03-0.140.040.01-0.04-0.01
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)6.748.934.87-6.042.812.73-19.970.230.724.59
ROCE (%)8.5711.779.012.257.878.47-4.136.447.068.63
Asset Turnover Ratio1.911.731.291.51.651.111.21.471.751.76
PAT to CFO Conversion(x)3.185.470.87N/A3.551.31N/A-6.330.785.07
Working Capital Days
Receivable Days505375676710197867679
Inventory Days57588278669789705752
Payable Days27264438314835414047

Vamshi Rubber Ltd Stock News

Vamshi Rubber Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Vamshi Rubber on 22-Nov-2024 16:59 is ₹60.89.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 22-Nov-2024 16:59 the market cap of Vamshi Rubber stood at ₹25.62.
The latest P/E ratio of Vamshi Rubber as of 22-Nov-2024 16:59 is 35.88.
The latest P/B ratio of Vamshi Rubber as of 22-Nov-2024 16:59 is 1.82.
The 52-week high of Vamshi Rubber is ₹75.74 and the 52-week low is ₹24.81.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Vamshi Rubber is ₹86.08 ( Cr.) .

About Vamshi Rubber Ltd

Vamshi Rubber, established in 1993, manufactures Precured Tread Rubber, Cushion Gum & Vulcanizing Solutions, which are used in retreading of worn-out tyres in collaboration with Hercules Tire & Rubber Co., USA.

Vamshi Rubber is a public comnpany, with a paid up capital of Rs 42 million .The state-of-the-art manufacturing unit is ideally located near Hyderabad, in a  sprawling 4-acre estate, with spacious industrial sheds equipped with all Critical Machinery to manufacture 3200 MT of Precured Tread Rubber, 400MT of cushion gum and 400 KL of Vulcanizing Solution annually

Vamshi Rubber Limited has obtained ISO-9001:2000 Certificate from Det Norske Veritas of Netherlands for the manufacture and supply of its products, viz., Precured Tread Rubber, Cushion Gum, Vulcanizing Solution and Servicing of its Franchisees.  Vamshi Rubber Limited is the first Company in India to get ISO-9001:2000 Certification in the field of Manufacturing Retreading Materials. Vamshi Rubber Limited manufactures excellent quality retread  materials  and  high  precision  retread  Machinery  in Technical Collaboration with the world renowned Hercules Tire & Rubber Co., Ohio, USA.

VRL uses the best Raw Materials to manufacture high performing quality products. Customer gets the benefit of low cost for every kilometer the tire has run. Vamshi products are developed after extensive research to suit both Indian and Foreign customers and their running conditions.

Product range of the company includes:

  • Turnpike (TP)
  • Lugtrack (LT)
  • All Trac (AT)
  • Cross Bar (CB)
  • Spread Axle (SA)
  • H.G.C.
  • Waste Hauler Lug(WHL)
  • LT Trac (LTT)
  • Power Cushion (PC)
  • Highway Radial (HWR)
  • Drive Master (DM)
  • Express (EXP)
  • Super Lug (SL)
  • Tractor Front (TF)
  • Cushion Gum, BVC, CBTR & Tools

Achievements/ recognition:

An ISO-9001:2000 certified company

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