Vishnu Chemicals Ltd - Stock Valuation and Financial Performance

BSE: 516072 | NSE: VISHNU | Chemicals | Small Cap

Vishnu Chemicals Share Price

388 -14.15 -3.52%
as on 20-Dec'24 16:59

DeciZen - make an informed investing decision on Vishnu Chemicals

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Vishnu Chemicals stock performance -

mw4me loader
P/E Ratio (SA):
28.81
Market Cap:
2,542.5 Cr.
52-wk low:
248
52-wk high:
562

Is Vishnu Chemicals Ltd an attractive stock to invest in?

1. Is Vishnu Chemicals Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Vishnu Chemicals Ltd is a good quality company.

2. Is Vishnu Chemicals Ltd undervalued or overvalued?

The key valuation ratios of Vishnu Chemicals Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Vishnu Chemicals Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Vishnu Chemicals 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 Vishnu Chemicals:

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.
Vishnu Chemicals Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 22.8%22.6%14.2%14.5%15.1%13%10.4%22.7%35.9%21.1%-
Value Creation
Index
0.60.60.00.00.1-0.1-0.30.61.60.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 4184634395626685715739071,2221,0111,015
Sales YoY Gr.-10.8%-5.3%28.1%18.8%-14.4%0.3%58.2%34.8%-17.3%-
Adj EPS 3.54.60.30.92.523.910.620.213.713.5
YoY Gr.-31.5%-92.5%152.9%191.9%-21.1%98%170.7%90%-32.1%-
BVPS (₹) 15.21915.116.719.821.325.436.257.996.2102.8
Adj Net
Profit
20.727.225.11511.823.463.412089.688
Cash Flow from Ops. 12.738.771.878.493.134.748.88897.179.7-
Debt/CF from Ops. 145.14.24.63.69.36.83.62.72.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 10.3%8.7%20.8%-17.3%
Adj EPS 16.5%40.4%51.7%-32.1%
BVPS22.7%37.1%56%66%
Share Price 27.1% 79.5% 34.2% 11.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
1618.11.65.413.89.616.834.542.818.413.5
Op. Profit
Mgn %
18.51913.612.41311.710.914.117.115.715.2
Net Profit
Mgn %
55.90.50.92.22.14.179.98.98.7
Debt to
Equity
1.31.23.33.62.82.52.21.50.80.30.1
Working Cap
Days
178214248217196212203139119168100
Cash Conv.
Cycle
8897807273888257446936

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 20.82%

Net Profit is growing at healthy rate in last 3 years 51.68%

Debt to equity has declined versus last 3 years average to 0.34

Return on Equity has declined versus last 3 years average to 13.50%

Sales growth is not so good in last 4 quarters at -7.79%

Latest Financials - Vishnu Chemicals Ltd.

Standalone Consolidated
TTM EPS (₹) 13.5 15.5
TTM Sales (₹ Cr.) 1,015 1,283
BVPS (₹.) 102.8 116
Reserves (₹ Cr.) 660 747
P/BV 3.78 3.35
PE 28.81 24.98
From the Market
52 Week Low / High (₹) 247.95 / 562.00
All Time Low / High (₹) 0.10 / 562.00
Market Cap (₹ Cr.) 2,542
Equity (₹ Cr.) 13.1
Face Value (₹) 2
Industry PE 57.2

Management X-Ray of Vishnu Chemicals:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *36.0736.0736.0736.073.843.843.843.843.840.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Vishnu Chemicals

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
Sales4184634395626685715739071,2221,011
Operating Expenses 3413783794925855045127791,013852
Manufacturing Costs94107105130164152165253371322
Material Costs185199202274309264245384478387
Employee Cost 16181922272626323643
Other Costs 45535366866275110128101
Operating Profit 77866070836761127209158
Operating Profit Margin (%) 18.5%18.5%13.6%12.4%12.4%11.7%10.7%14.1%17.1%15.7%
Other Income 327849471616
Interest 34354144443726262826
Depreciation 12121316181717192022
Exceptional Items 0000000000
Profit Before Tax 3441121725212289175127
Tax 1215781380244633
Profit After Tax 2226591213236512994
PAT Margin (%) 5.2%5.6%1.2%1.7%1.8%2.3%4.0%7.2%10.6%9.3%
Adjusted EPS (₹)3.74.40.91.62.02.23.810.921.714.4
Dividend Payout Ratio (%)11%5%0%13%10%9%5%4%2%2%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 13916190100118127151216346630
Share Capital 59591212121212121213
Reserves 791017888106115139204334617
Minority Interest0000000000
Debt161179279340321313304283232198
Long Term Debt5655114165177184184174141103
Short Term Debt1051241651751441291201099096
Trade Payables59113120162125127121143154180
Others Liabilities 1381341641281441111271279788
Total Liabilities 4965876537307086787047708291,096

Fixed Assets

Gross Block277282385462470478543568590636
Accumulated Depreciation91101115130146163179192213234
Net Fixed Assets186181271332323315364375377402
CWIP 4462547162733512
Investments 0265776710124
Inventories116164160168175192178150181243
Trade Receivables891128613712479104171160205
Cash Equivalents 1211131814159131352
Others Assets49576463494540518259
Total Assets 4965876537307086787047708291,096

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 13397278933549889780
PBT 34265925212289175127
Adjustment 43585765564740414335
Changes in Working Capital -58-3891323-21-7-33-77-52
Tax Paid -5-80-9-12-12-7-9-44-31
Cash Flow From Investing Activity -9-26-94-29-19-14-36-35-18-198
Capex -2-26-95-31-19-18-39-32-19-53
Net Investments 0-100-101-11-114
Others -7111143-30-30
Cash Flow From Financing Activity 1-1323-49-75-17-17-53-80118
Net Proceeds from Shares 000000000197
Net Proceeds from Borrowing 301856-21-20-216-8-35-54
Interest Paid -31-32-34-39-40-30-22-20-22-24
Dividend Paid 0-300-1-1-1-14-3-6
Others 33011-1416-10-10-195
Net Cash Flow 5-100-13-4000
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)26.8625.475.269.9311.1810.7816.3535.4946.0119.31
ROCE (%)22.822.5714.1814.4715.1412.9810.3622.7435.8621.05
Asset Turnover Ratio0.980.920.760.820.930.820.831.231.531.05
PAT to CFO Conversion(x)0.591.514.48.677.752.692.131.350.750.85
Working Capital Days
Receivable Days62737671716558554966
Inventory Days8210212510594117118664977
Payable Days103157210188170174184125113158

Vishnu Chemicals Ltd Stock News

Vishnu Chemicals Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Vishnu Chemicals on 20-Dec-2024 16:59 is ₹388.0.
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 20-Dec-2024 16:59 the market cap of Vishnu Chemicals stood at ₹2,542.5.
The latest P/E ratio of Vishnu Chemicals as of 20-Dec-2024 16:59 is 28.81.
The latest P/B ratio of Vishnu Chemicals as of 20-Dec-2024 16:59 is 3.78.
The 52-week high of Vishnu Chemicals is ₹562.0 and the 52-week low is ₹247.9.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Vishnu Chemicals is ₹1,015 ( Cr.) .

About Vishnu Chemicals Ltd

Ch.Krishna Murthy founded Vishnu Chemicals in the year 1990 near Hyderabad in Andhra Pradesh. In a span of 17 years Vishnu Chemicals pioneered manufacturing chrome chemicals like sodium dichromate, potassium dichromate, basic chromium sulphate and yellow sodium sulphate at its plants in Medak District in Andhra Pradesh and Bhilai in Chattisgarh.

It has expanded its product line to a point where it can supply over ten high quality compounds that are used in various industries which are include chromic acid, white sodium sulphate, saccharin and sodium saccharin.

The company also a world class manufacturer of animal feed ingredients like menadione sodium bisulfite, menadione nicotinamide bisulfite, menadione dimethylpyrimidinol bisulfite and supplying to various global destinations. Its growth and success is attributed to high standards of quality and diligence in handling customers requirements.

The company has established a world class state-of-the-art research laboratory with most modern equipment to handle gram level to scale-up operations in single site. The R&D Lab is also supported by quality control laboratory which has various sophisticated equipment like HPLCs, DSC and 300 MHz NMR among other sensitive equipments. Talented personnel handles the R&D and quality control operations. This facility is already catering to various clients for customs research and synthesis, technology transfer, scale-up and analytical services.

Product range of the company includes:

  • Sodium Dichromate Dihydrate
  • Basic Chromium Sulphate
  • Chromic Acid
  • Sodium Sulphate
  • Potassium Dichromate
  • Sodium Saccharin
  • Menadione (Vitamin K3)
  • Menadione Nicotinamide Bisulfite (MNB 44%) (Vitamin K3)
  • Menadione Dimethylpyrimidinol Bisulfite (MPB 44%) (Vitamin K3)

Achievements/ recognition

  • An ISO 9001 certification by BVQI
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