Videocon Industries Ltd - Stock Valuation and Financial Performance

BSE: 511389 | NSE: VIDEOIND | Consumer Durables - Electronics | Small Cap

Videocon Inds. Share Price

7.25 0.00 0.00%
as on 15-Jun'21 18:01

DeciZen - make an informed investing decision on Videocon Inds.

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Videocon Industries stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
242.5 Cr.
52-wk low:
7.1
52-wk high:
7.8

Is an attractive stock to invest in?

1. Is a good quality company?

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

2. Is undervalued or overvalued?

The key valuation ratios of Videocon Industries Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

3. Is a good buy now?

No data found

10 Year X-Ray of Videocon Inds.:

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.
Videocon Industries 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

Jun'13Dec'14Dec'15Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 8.6%10.5%6.8%3%-10.2%-10.8%-1.6%-1.8%-1.6%-1.6%-
Value Creation
Index
-0.4-0.2-0.5-0.8-1.7NANANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 12,10512,64512,4189,8642,766907734597756786919
Sales YoY Gr.-4.5%-1.8%-20.6%-72%-67.2%-19.1%-18.7%26.6%4.1%-
Adj EPS -0.60.6-6.2-46-147.2-172.7-141.7-156.8-182.7-211.8-148.3
YoY Gr.-NA-1135%NANANANANANANA-
BVPS (₹) 211.3206.6308.4200.8124.9-78.8-219.8-375.9-558.5-770.4-225.8
Adj Net
Profit
-17.819.9-208-1,538-4,925-5,775-4,739-5,244-6,110-7,084-4,960
Cash Flow from Ops. -4533,6546,3603,925-829-581221-185-146-42.2-
Debt/CF from Ops. -33.84.43.74.3-29.6-49.2151-208.4-305.4-1231.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -26.2%-22.2%2.4%4.1%
Adj EPS NANANANA
BVPS-215.5%-243.9%NANA
Share Price -26.7% 33% - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Jun'13Dec'14Dec'15Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-0.30.3-2-20.6-78.3-749.494.952.639.131.929.8
Op. Profit
Mgn %
17.518.2189.7-76.2-124.86.21.75.53.711.6
Net Profit
Mgn %
-0.20.2-1.7-15.6-178-637-646-878.7-808.5-900.8-539.8
Debt to
Equity
2.32.32.32.55.9-10.8-4.5-3.1-2.4-2-
Working Cap
Days
4404526135542,3596,4907,5169,5628,0298,2782,404
Cash Conv.
Cycle
6570108993644942044787491,124-14,752

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

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

Latest Financials - Videocon Industries Ltd.

Standalone Consolidated
TTM EPS (₹) -148.3 -222.7
TTM Sales (₹ Cr.) 919 911
BVPS (₹.) -225.8 -327.2
Reserves (₹ Cr.) -7,885 -11,279
P/BV -0.03 -0.02
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 7.06 / 7.80
All Time Low / High (₹) 1.00 / 864.38
Market Cap (₹ Cr.) 242
Equity (₹ Cr.) 334.5
Face Value (₹) 10
Industry PE 138.7

Management X-Ray of Videocon Inds.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *98.1698.1698.1699.5699.7599.7599.7599.750.000.00
* Pledged shares as % of Promoter's holding (%)

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Analyst's Notes

Key Ratios of Videocon Inds.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSJun'13Dec'14Dec'15Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales18,157.2818,967.6012,418.2112,329.402,766.08906.60733.62596.80755.72786.45
Operating Expenses 15,112.5615,598.5010,236.4311,144.464,872.462,070.91688.36586.40715.75763.66
Manufacturing Costs1,450.011,549.19621.94526.33353.89418.38116.35131.63460.95484.45
Material Costs11,520.0211,913.568,086.138,755.173,529.211,330.05229.2878.6242.0624.20
Employee Cost 397.99436.17283.43375.71217.08118.7987.3469.4455.1840.35
Other Costs 1,744.531,699.581,244.931,487.26772.28203.69255.38306.71157.56214.66
Operating Profit 3,044.723,369.102,181.781,184.94-2,106.38-1,164.3145.2610.4139.9822.80
Operating Profit Margin (%) 16.8%17.8%17.6%9.6%-76.2%-128.0%6.2%1.7%5.3%2.9%
Other Income 418.271,165.14844.33499.20584.05156.0262.8350.8037.1442.26
Interest 2,753.153,543.842,385.103,205.802,882.963,964.264,311.224,751.605,693.596,665.65
Depreciation 824.35985.81701.71731.52814.85525.51510.85529.92495.02487.78
Exceptional Items 0000-620.01-1,413.350000
Profit Before Tax -114.524.60-60.70-2,253.18-5,840.16-6,911.41-4,713.99-5,220.31-6,111.49-7,088.38
Tax -42.881.56-4.90-337.51-576.12-150.650000
Profit After Tax -71.633.04-55.81-1,915.68-5,264.04-6,760.76-4,713.99-5,220.31-6,111.49-7,088.38
PAT Margin (%) -0.4%0.0%-0.4%-15.5%-190.0%-745.0%-642.0%-874.0%-808.0%-901.0%
Adjusted EPS (₹)-2.30.1-1.7-57.3-157.0-202.0-140.0-156.0-182.0-211.0
Dividend Payout Ratio (%)-86%2,456%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSJun'13Dec'14Dec'15Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 10,11810,362.5510,312.898,396.704,177.14-2,635.84-7,352.03-12,570.70-18,680.56-25,766.48
Share Capital 334.09334.46334.46334.46334.46334.46334.46334.46334.46334.46
Reserves 9,783.9010,028.099,978.438,062.243,842.68-2,970.30-7,686.48-12,905.16-19,015.02-26,100.94
Minority Interest0000000000
Debt21,897.7122,669.8822,900.6319,505.9324,503.9528,584.4333,328.6738,486.6544,689.0951,945.71
Long Term Debt16,144.9918,025.8418,588.4317,194.19000000
Short Term Debt5,752.734,644.044,312.212,311.7324,503.9528,584.4333,328.6738,486.6544,689.0951,945.71
Trade Payables1,141.281,152.471,164.871,904.881,273.681,122.591,069.43980.54884.25781.94
Others Liabilities 3,772.163,981.233,497.985,930.983,531.033,411.273,444.203,918.984,489.025,198.19
Total Liabilities 36,929.1638,166.1337,876.3735,738.4933,485.8130,482.4530,490.2830,815.4731,381.8032,159.36

Fixed Assets

Gross Block11,783.5112,769.3113,075.8513,204.8314,398.1314,391.3114,471.4114,556.7314,563.7514,611.18
Accumulated Depreciation5,855.206,836.687,530.438,210.928,300.348,816.529,327.379,857.3010,352.3210,840.10
Net Fixed Assets5,928.325,932.645,545.424,993.906,097.805,574.795,144.034,699.444,211.433,771.09
CWIP 667.46729.29714.36490.3810.7110.3711.0810.9810.2910.95
Investments 4,936.945,626.938,999.9110,239.479,698.629,635.759,634.239,636.079,636.379,636.79
Inventories2,157.902,404.102,359.202,863.521,407.71271.11236.20242.45236.70243.37
Trade Receivables2,832.702,862.762,858.522,400.32785.05995.761,009.861,566.782,386.043,223.12
Cash Equivalents 485.832,449.702,676.10553.29428.72271.42476.58422.71320.61271.74
Others Assets19,920.0218,160.7214,722.8614,197.6115,057.2013,723.2713,978.3014,237.0414,580.3715,002.31
Total Assets 36,929.1638,166.1337,876.3735,738.4933,485.8130,482.4530,490.2830,815.4731,381.8032,159.36

Cash Flow

(All Figures are in Crores.)
PARTICULARSJun'13Dec'14Dec'15Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -679.335,480.826,359.994,905.63-828.74-580.94220.75-184.64-146.33-42.19
PBT -114.524.60-60.70-2,253.18-5,840.16-6,911.41-4,713.99-5,220.31-6,111.49-7,088.38
Adjustment 3,454.074,341.722,656.173,652.323,958.074,190.924,779.925,232.556,152.897,117.89
Changes in Working Capital -4020.941174.373781.383525.061042.892134.38115.15-199.41-190.35-68.8
Tax Paid 2.06-39.86-16.86-18.5810.465.1739.672.532.62-2.90
Cash Flow From Investing Activity -1,163.77-3,297.10-3,644.37963.841,001.94116.08-13.70123.0835.35-18.67
Capex -1,054.85-1,040.88-298.3533.89-0.09-1.96-72.7785.437.71-48.11
Net Investments 412.7940.75-320.222,024.88396.0849.561.89-7.6914.689.67
Others -521.71-2,296.97-3,025.80-1,094.93605.9568.4857.1845.3412.9619.77
Cash Flow From Financing Activity 1,855-1,991.49-2,894.12-5,966.0452.81305.580000
Net Proceeds from Shares 278.74285.1500000000
Net Proceeds from Borrowing 6,334.972,393.10-165.74-867.722,475.1300000
Interest Paid -2,714.82-3,518.90-2,368.46-3,097.73-2,831-3,774.900000
Dividend Paid -21.13-22.67-23.41-0.12-0.2000000
Others -2,022.77-1,128.17-336.50-2,000.47408.894,080.480000
Net Cash Flow 11.90192.24-178.49-96.58226.01-159.27207.06-61.56-110.98-60.86
PARTICULARSJun'13Dec'14Dec'15Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-0.720.03-0.54-20.48-83.73N/AN/AN/AN/AN/A
ROCE (%)8.5510.486.763.01-10.2N/AN/AN/AN/AN/A
Asset Turnover Ratio0.550.520.340.350.080.030.020.020.020.02
PAT to CFO Conversion(x)N/A1802.9N/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days545381742053584997889551,302
Inventory Days41436773274338126146116111
Payable Days413552641643291,7454,7598,0910

Videocon Industries Ltd Stock News

Videocon Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Videocon Inds. on 15-Jun-2021 18:01 is ₹7.25.
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 15-Jun-2021 18:01 the market cap of Videocon Inds. stood at ₹242.5.
The latest P/E ratio of Videocon Inds. as of 15-Jun-2021 18:01 is 0.00.
The latest P/B ratio of Videocon Inds. as of 15-Jun-2021 18:01 is -0.03.
The 52-week high of Videocon Inds. is ₹7.80 and the 52-week low is ₹7.06.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Videocon Inds. is ₹919.0 ( Cr.) .

About Videocon Industries Ltd

Videocon Industries, established two decades ago, is a global conglomerate with market capitalization of $2.5 billion. Videocon's businesses consists of manufacturing, marketing & distribution of consumer electronics products and oil & gas extraction.

Videocon’s R & D centres are developing technologies that include True Flat, Slim, Extra Slim, Plasma & LCDs. It want to market these products at the earliest.

In the Oil & Gas business, company has all the basic operator capabilities of a prospecting entity, it is looking to add more explorations and production depth as also oil bearing assets. The group will also get into gas distribution in India significantly.

The company operates in four key sectors:-

Consumer Electronics, Home Appliances & Compressor manufacturing: It produces consumer products like colour televisions, washing machines, air conditioners, refrigerators, microwave ovens and many other home appliances, selling them through  their sales and service network in India.It has in house compressor manufacturing technology for refrigerators .

Display industry and its components: By acquiring Thomson SA’s colour picture-tube manufacturing business which  is spread across China, Poland, and Mexico, Videocon is able to improve the technology in existing products in slim tube, plasma, LCD, and other flat-panel display lines as well as create new innovative products.

Colour Picture Tube Glass : Videocon is one of the largest Colour Picture Tube (CPT) glass manufacturers in the world with a high level of experience and technical expertise operating through Poland and India. Videocon produces a superior range of panels and funnels to meet the demand for large-size, flat, and slim CRT display products.

Oil and Gas: An important asset for the group is its Ravva oil field with one of the lowest operating costs in the world producing 50,000 barrels of oil per day. The group has ambitious plans for expansion in this sector globally.

With strategically located manufacturing bases and an enviable distribution network of around 90 branch offices, 10,000 distributors & 400 after-sales service centres across lndia, company enjoys a unique 80% plus penetration in the market place.

Videocon is doing cost cutting in various stages, which includes factories in Europe, increasing automation and improvement of efficiency in China, and a lot more - are in various stages of implementation.

Videocon Group of Companies has been awarded SAP ACE 2007 – Awards for Customer Excellence.

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