Past 10 year's financial track record analysis by Moneyworks4me indicates that Vishnu Chemicals Ltd is a good quality company.
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.
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Vishnu Chemicals Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 22.8% | 22.6% | 14.2% | 14.5% | 15.1% | 13% | 10.4% | 22.7% | 35.9% | 21.1% | - |
| Value Creation Index ⓘ | 0.6 | 0.6 | 0.0 | 0.0 | 0.1 | -0.1 | -0.3 | 0.6 | 1.6 | 0.5 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 418 | 463 | 439 | 562 | 668 | 571 | 573 | 907 | 1,222 | 1,011 | 1,015 |
| Sales YoY Gr. | - | 10.8% | -5.3% | 28.1% | 18.8% | -14.4% | 0.3% | 58.2% | 34.8% | -17.3% | - |
| Adj EPS ⓘ | 3.5 | 4.6 | 0.3 | 0.9 | 2.5 | 2 | 3.9 | 10.6 | 20.2 | 13.7 | 13.5 |
| YoY Gr. | - | 31.5% | -92.5% | 152.9% | 191.9% | -21.1% | 98% | 170.7% | 90% | -32.1% | - |
| BVPS (₹) ⓘ | 15.2 | 19 | 15.1 | 16.7 | 19.8 | 21.3 | 25.4 | 36.2 | 57.9 | 96.2 | 102.8 |
| Adj Net Profit ⓘ | 20.7 | 27.2 | 2 | 5.1 | 15 | 11.8 | 23.4 | 63.4 | 120 | 89.6 | 88 |
| Cash Flow from Ops. ⓘ | 12.7 | 38.7 | 71.8 | 78.4 | 93.1 | 34.7 | 48.8 | 88 | 97.1 | 79.7 | - |
| Debt/CF from Ops. ⓘ | 14 | 5.1 | 4.2 | 4.6 | 3.6 | 9.3 | 6.8 | 3.6 | 2.7 | 2.7 | - |
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% | ||||
| BVPSⓘ | 22.7% | 37.1% | 56% | 66% | ||||
| Share Price | 28.4% | 76.6% | 35.9% | 34.3% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 16 | 18.1 | 1.6 | 5.4 | 13.8 | 9.6 | 16.8 | 34.5 | 42.8 | 18.4 | 13.5 |
| Op. Profit Mgn % ⓘ | 18.5 | 19 | 13.6 | 12.4 | 13 | 11.7 | 10.9 | 14.1 | 17.1 | 15.7 | 15.2 |
| Net Profit Mgn % ⓘ | 5 | 5.9 | 0.5 | 0.9 | 2.2 | 2.1 | 4.1 | 7 | 9.9 | 8.9 | 8.7 |
| Debt to Equity ⓘ | 1.3 | 1.2 | 3.3 | 3.6 | 2.8 | 2.5 | 2.2 | 1.5 | 0.8 | 0.3 | 0.1 |
| Working Cap Days ⓘ | 178 | 214 | 248 | 217 | 196 | 212 | 203 | 139 | 119 | 168 | 100 |
| Cash Conv. Cycle ⓘ | 88 | 97 | 80 | 72 | 73 | 88 | 82 | 57 | 44 | 69 | 36 |
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%
| 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 ⓘ | 4.09 | 3.62 |
| PE ⓘ | 31.21 | 27.05 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 247.95 / 562.00 |
| All Time Low / High (₹) | 0.10 / 562.00 |
| Market Cap (₹ Cr.) | 2,754 |
| Equity (₹ Cr.) | 13.1 |
| Face Value (₹) | 2 |
| Industry PE ⓘ | 55.9 |
| Pledged * | 36.07 | 36.07 | 36.07 | 36.07 | 3.84 | 3.84 | 3.84 | 3.84 | 3.84 | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 418 | 463 | 439 | 562 | 668 | 571 | 573 | 907 | 1,222 | 1,011 |
| Operating Expenses ⓘ | 341 | 378 | 379 | 492 | 585 | 504 | 512 | 779 | 1,013 | 852 |
| Manufacturing Costs | 94 | 107 | 105 | 130 | 164 | 152 | 165 | 253 | 371 | 322 |
| Material Costs | 185 | 199 | 202 | 274 | 309 | 264 | 245 | 384 | 478 | 387 |
| Employee Cost | 16 | 18 | 19 | 22 | 27 | 26 | 26 | 32 | 36 | 43 |
| Other Costs ⓘ | 45 | 53 | 53 | 66 | 86 | 62 | 75 | 110 | 128 | 101 |
| Operating Profit ⓘ | 77 | 86 | 60 | 70 | 83 | 67 | 61 | 127 | 209 | 158 |
| 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 ⓘ | 3 | 2 | 7 | 8 | 4 | 9 | 4 | 7 | 16 | 16 |
| Interest ⓘ | 34 | 35 | 41 | 44 | 44 | 37 | 26 | 26 | 28 | 26 |
| Depreciation ⓘ | 12 | 12 | 13 | 16 | 18 | 17 | 17 | 19 | 20 | 22 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 34 | 41 | 12 | 17 | 25 | 21 | 22 | 89 | 175 | 127 |
| Tax ⓘ | 12 | 15 | 7 | 8 | 13 | 8 | 0 | 24 | 46 | 33 |
| Profit After Tax | 22 | 26 | 5 | 9 | 12 | 13 | 23 | 65 | 129 | 94 |
| PAT Margin (%) | 5.2% | 5.6% | 1.2% | 1.7% | 1.8% | 2.3% | 4.0% | 7.2% | 10.6% | 9.3% |
| Adjusted EPS (₹) | 3.7 | 4.4 | 0.9 | 1.6 | 2.0 | 2.2 | 3.8 | 10.9 | 21.7 | 14.4 |
| Dividend Payout Ratio (%) | 11% | 5% | 0% | 13% | 10% | 9% | 5% | 4% | 2% | 2% |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 139 | 161 | 90 | 100 | 118 | 127 | 151 | 216 | 346 | 630 |
| Share Capital ⓘ | 59 | 59 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 13 |
| Reserves ⓘ | 79 | 101 | 78 | 88 | 106 | 115 | 139 | 204 | 334 | 617 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 161 | 179 | 279 | 340 | 321 | 313 | 304 | 283 | 232 | 198 |
| Long Term Debt | 56 | 55 | 114 | 165 | 177 | 184 | 184 | 174 | 141 | 103 |
| Short Term Debt | 105 | 124 | 165 | 175 | 144 | 129 | 120 | 109 | 90 | 96 |
| Trade Payables | 59 | 113 | 120 | 162 | 125 | 127 | 121 | 143 | 154 | 180 |
| Others Liabilities ⓘ | 138 | 134 | 164 | 128 | 144 | 111 | 127 | 127 | 97 | 88 |
| Total Liabilities ⓘ | 496 | 587 | 653 | 730 | 708 | 678 | 704 | 770 | 829 | 1,096 |
Fixed Assets | ||||||||||
| Gross Block | 277 | 282 | 385 | 462 | 470 | 478 | 543 | 568 | 590 | 636 |
| Accumulated Depreciation | 91 | 101 | 115 | 130 | 146 | 163 | 179 | 192 | 213 | 234 |
| Net Fixed Assetsⓘ | 186 | 181 | 271 | 332 | 323 | 315 | 364 | 375 | 377 | 402 |
| CWIP ⓘ | 44 | 62 | 54 | 7 | 16 | 27 | 3 | 3 | 5 | 12 |
| Investmentsⓘ | 0 | 2 | 6 | 5 | 7 | 7 | 6 | 7 | 10 | 124 |
| Inventories | 116 | 164 | 160 | 168 | 175 | 192 | 178 | 150 | 181 | 243 |
| Trade Receivables | 89 | 112 | 86 | 137 | 124 | 79 | 104 | 171 | 160 | 205 |
| Cash Equivalents | 12 | 11 | 13 | 18 | 14 | 15 | 9 | 13 | 13 | 52 |
| Others Assetsⓘ | 49 | 57 | 64 | 63 | 49 | 45 | 40 | 51 | 82 | 59 |
| Total Assets ⓘ | 496 | 587 | 653 | 730 | 708 | 678 | 704 | 770 | 829 | 1,096 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 13 | 39 | 72 | 78 | 93 | 35 | 49 | 88 | 97 | 80 |
| PBT ⓘ | 34 | 26 | 5 | 9 | 25 | 21 | 22 | 89 | 175 | 127 |
| Adjustment ⓘ | 43 | 58 | 57 | 65 | 56 | 47 | 40 | 41 | 43 | 35 |
| Changes in Working Capital ⓘ | -58 | -38 | 9 | 13 | 23 | -21 | -7 | -33 | -77 | -52 |
| Tax Paid ⓘ | -5 | -8 | 0 | -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 | -1 | 0 | 0 | -1 | 0 | 1 | -1 | 1 | -114 |
| Others ⓘ | -7 | 1 | 1 | 1 | 1 | 4 | 3 | -3 | 0 | -30 |
| Cash Flow From Financing Activityⓘ | 1 | -13 | 23 | -49 | -75 | -17 | -17 | -53 | -80 | 118 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 197 |
| Net Proceeds from Borrowing ⓘ | 30 | 18 | 56 | -21 | -20 | -2 | 16 | -8 | -35 | -54 |
| Interest Paid ⓘ | -31 | -32 | -34 | -39 | -40 | -30 | -22 | -20 | -22 | -24 |
| Dividend Paid ⓘ | 0 | -3 | 0 | 0 | -1 | -1 | -1 | -14 | -3 | -6 |
| Others ⓘ | 3 | 3 | 0 | 11 | -14 | 16 | -10 | -10 | -19 | 5 |
| Net Cash Flow ⓘ | 5 | -1 | 0 | 0 | -1 | 3 | -4 | 0 | 0 | 0 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 26.86 | 25.47 | 5.26 | 9.93 | 11.18 | 10.78 | 16.35 | 35.49 | 46.01 | 19.31 |
| ROCE (%) | 22.8 | 22.57 | 14.18 | 14.47 | 15.14 | 12.98 | 10.36 | 22.74 | 35.86 | 21.05 |
| Asset Turnover Ratio | 0.98 | 0.92 | 0.76 | 0.82 | 0.93 | 0.82 | 0.83 | 1.23 | 1.53 | 1.05 |
| PAT to CFO Conversion(x) | 0.59 | 1.5 | 14.4 | 8.67 | 7.75 | 2.69 | 2.13 | 1.35 | 0.75 | 0.85 | Working Capital Days |
| Receivable Days | 62 | 73 | 76 | 71 | 71 | 65 | 58 | 55 | 49 | 66 |
| Inventory Days | 82 | 102 | 125 | 105 | 94 | 117 | 118 | 66 | 49 | 77 |
| Payable Days | 103 | 157 | 210 | 188 | 170 | 174 | 184 | 125 | 113 | 158 |
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:
Achievements/ recognition
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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