Past 10 year’s financial track record analysis by Moneyworks4me indicates that Visaman Global Sales Ltd is a below average quality company.
The key valuation ratios of Visaman Global Sales Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Visaman Global Sales Ltd is likely to Fall 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'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|
| ROCE % ⓘ | 5.2% | 13.6% | 16.3% | 16.7% | 12.4% | - |
| Value Creation Index ⓘ | -0.6 | 0.0 | 0.2 | 0.2 | -0.1 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | ||||||
| Sales ⓘ | 47.1 | 136 | 324 | 408 | 308 | 308 |
| Sales YoY Gr. | - | 189.3% | 137.7% | 25.8% | -24.5% | - |
| Adj EPS ⓘ | 0.5 | 0.5 | 1.4 | 1.2 | 1.3 | 1 |
| YoY Gr. | - | 6.7% | 185.4% | -10.2% | 5.7% | - |
| BVPS (₹) ⓘ | 7.7 | 8.2 | 9.6 | 10.1 | 11.4 | 19.9 |
| Adj Net Profit ⓘ | 0.1 | 0.3 | 1 | 1.2 | 1.3 | 1 |
| Cash Flow from Ops. ⓘ | -7.6 | -2.4 | -4.6 | -0.9 | 5.9 | - |
| Debt/CF from Ops. ⓘ | -0.8 | -3 | -3.1 | -49.7 | 8.9 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 31.2% | -24.5% | ||||
| Adj EPS ⓘ | NA | NA | 39.4% | 5.7% | ||||
| BVPSⓘ | NA | NA | 11.6% | 13% | ||||
| Share Price | - | - | - | - | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 5.9 | 9 | 15.4 | 14.8 | 12.2 | 6.1 |
| Op. Profit Mgn % ⓘ | -0.9 | 1.1 | 0.9 | 1.6 | 2.5 | NAN |
| Net Profit Mgn % ⓘ | 0.2 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 |
| Debt to Equity ⓘ | 3.6 | 1.3 | 2.1 | 4.3 | 4.6 | - |
| Working Cap Days ⓘ | 0 | 53 | 36 | 42 | 73 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 15 | 13 | 29 | 62 | 0 |
Sales growth is growing at healthy rate in last 3 years 31.20%
Net Profit is growing at healthy rate in last 3 years 39.39%
Return on Equity has declined versus last 3 years average to 6.10%
Debt to equity has increased versus last 3 years average to 4.57
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 1 | - |
| TTM Sales (₹ Cr.) | 308 | - |
| BVPS (₹.) ⓘ | 19.9 | - |
| Reserves (₹ Cr.) ⓘ | 14 | - |
| P/BV ⓘ | 2.16 | - |
| PE ⓘ | 45.23 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 59.4 |
| Equity (₹ Cr.) | 13.8 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 69 |
| Pledged * | 0.00 |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|
| Sales | 47.13 | 136.34 | 324.01 | 407.67 | 307.93 |
| Operating Expenses ⓘ | 47.57 | 134.88 | 321.22 | 401.02 | 300.33 |
| Manufacturing Costs | 0.36 | 1.36 | 2.12 | 0.07 | 0.07 |
| Material Costs | 46.23 | 130.93 | 315.15 | 397.47 | 297.13 |
| Employee Cost | 0.35 | 1.26 | 2.18 | 1.88 | 1.84 |
| Other Costs ⓘ | 0.63 | 1.32 | 1.77 | 1.60 | 1.29 |
| Operating Profit ⓘ | -0.44 | 1.46 | 2.79 | 6.65 | 7.60 |
| Operating Profit Margin (%) | -0.9% | 1.1% | 0.9% | 1.6% | 2.5% |
| Other Income ⓘ | 0.86 | 0 | 0.03 | 0.02 | 0.04 |
| Interest ⓘ | 0.20 | 0.91 | 1.43 | 4.54 | 5.52 |
| Depreciation ⓘ | 0 | 0.04 | 0.12 | 0.49 | 0.39 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0.22 | 0.50 | 1.28 | 1.65 | 1.73 |
| Tax ⓘ | 0.04 | 0.17 | 0.33 | 0.41 | 0.41 |
| Profit After Tax | 0.17 | 0.33 | 0.95 | 1.24 | 1.31 |
| PAT Margin (%) | 0.4% | 0.2% | 0.3% | 0.3% | 0.4% |
| Adjusted EPS (₹) | 0.8 | 0.5 | 1.4 | 1.2 | 1.3 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | |||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 1.77 | 5.66 | 6.60 | 10.13 | 11.45 | |||||
| Share Capital ⓘ | 1.60 | 4.80 | 4.80 | 7 | 10.08 | |||||
| Reserves ⓘ | 0.17 | 0.86 | 1.80 | 3.13 | 1.37 | |||||
| Minority Interest | 0 | 0 | 0 | 0 | 0 | |||||
| Debt | 6.30 | 7.10 | 12.23 | 42.37 | 50.78 | |||||
| Long Term Debt | 0.12 | 0.42 | 2.45 | 6.79 | 9.35 | |||||
| Short Term Debt | 6.18 | 6.69 | 9.78 | 35.58 | 41.44 | |||||
| Trade Payables | 4.74 | 13.31 | 17.83 | 2.81 | 4.21 | |||||
| Others Liabilities ⓘ | 0.47 | 1.19 | 3.15 | 3.80 | 5.14 | |||||
| Total Liabilities ⓘ | 13.29 | 27.26 | 39.81 | 59.11 | 71.58 | |||||
Fixed Assets | ||||||||||
| Gross Block | 0.01 | 0.35 | 1.64 | 1.75 | 2.64 | |||||
| Accumulated Depreciation | 0 | 0.05 | 0.16 | 0.63 | 1.03 | |||||
| Net Fixed Assetsⓘ | 0.01 | 0.30 | 1.47 | 1.12 | 1.62 | |||||
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | |||||
| Investmentsⓘ | 0 | 0 | 0 | 1.13 | 0 | |||||
| Inventories | 3.32 | 5.27 | 9.35 | 20.38 | 32.03 | |||||
| Trade Receivables | 7.03 | 13.95 | 25.77 | 29.64 | 29.52 | |||||
| Cash Equivalents | 0.09 | 0.76 | 0.28 | 0.17 | 3.32 | |||||
| Others Assetsⓘ | 2.84 | 6.97 | 2.94 | 6.68 | 5.10 | |||||
| Total Assets ⓘ | 13.29 | 27.26 | 39.81 | 59.11 | 71.58 | |||||
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -7.60 | -2.37 | -4.55 | -0.88 | 5.85 |
| PBT ⓘ | 0.22 | 0.57 | 1.28 | 1.65 | 1.73 |
| Adjustment ⓘ | 0.20 | 1 | 1.56 | 5.01 | 5.99 |
| Changes in Working Capital ⓘ | -7.97 | -3.7 | -7.06 | -7.22 | -1.39 |
| Tax Paid ⓘ | -0.06 | -0.24 | -0.33 | -0.32 | -0.48 |
| Cash Flow From Investing Activity ⓘ | -0.01 | -0.39 | -1.26 | -1.26 | 0.25 |
| Capex | -0.01 | -0.33 | -1.29 | -0.12 | -0.89 |
| Net Investments | 0 | 0 | 0 | -1.13 | 1.13 |
| Others ⓘ | 0 | -0.06 | 0.04 | -0.02 | 0.01 |
| Cash Flow From Financing Activityⓘ | 7.70 | 3.44 | 5.32 | 2.02 | -2.95 |
| Net Proceeds from Shares ⓘ | 1.60 | 3.55 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 6.30 | 0.30 | 2.03 | 4.34 | 2.56 |
| Interest Paid ⓘ | -0.20 | -0.91 | -1.43 | -4.51 | -5.51 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0.51 | 4.72 | 2.20 | 0 |
| Net Cash Flow ⓘ | 0.09 | 0.68 | -0.48 | -0.11 | 3.15 |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 9.8 | 9.01 | 15.44 | 14.79 | 12.17 | |||||
| ROCE (%) | 5.18 | 13.61 | 16.31 | 16.7 | 12.35 | |||||
| Asset Turnover Ratio | 3.55 | 6.73 | 9.66 | 8.24 | 4.71 | |||||
| PAT to CFO Conversion(x) | -44.71 | -7.18 | -4.79 | -0.71 | 4.47 | Working Capital Days | ||||
| Receivable Days | 54 | 28 | 22 | 25 | 35 | |||||
| Inventory Days | 26 | 12 | 8 | 13 | 31 | |||||
| Payable Days | 37 | 25 | 18 | 9 | 4 | |||||
Visaman Global Sales Limited was originally incorporated on June 27, 2019 under the name ‘Visaman Global Sales Limited’ under the provisions of the Companies Act, 2013 with the Registrar of Companies, Central Registration Centre having its registered office at C/o. Jain Traders, 8, Sorathiawadi near Narmada, 80 Feet Road, Rajkot, Gujarat, India.
Visaman Global Sales is engaged in the business of supply of round pipes, square pipes, rectangle pipes, various specification of structural steels, BGL coils, GP(GI) coils, HR coils, CR coils, colour coated coils, MS sheets, GP and GC sheets, CR sheets, HR sheets and plates, colour coated sheets, roofing PUF panel, wall PUF panel etc. Further, the company also provides the credit facility to its existing customers as value added service. It provides facility to pay later to the existing customers with good financial record in this case if the customers had paid all the outstanding amount in a proper time frame, then it fixes their credit worthiness via fix amount of credit limit and the credit days which varies with customers to customers.
In addition, it provides the facility of customization to meet the specific requirement of its customers with respect to specific size, length, breadth, thickness etc. of its products. It sends the requisition to manufacturer for customization of specified products. Further, in certain cases, if the manufacturer is unable to do the specified customization, then, the same will be get done by the third-party process houses. The company outsources the process of modification and alteration to the third party. It outsources the process of modification and alteration to the third party. Additionally, it facilitates onsite delivery of its products to the customers. It is one of the dealers of APL Apollo Tubes. It sells its products through a diversified sales & distribution mix viz. Business-to-Consumer (B to C), Business-to-Channel (B to CH) and Business-to-Business (B to B). Its capabilities as a Company include strict quality assurance system and established marketing and distribution relationships. It strives to deliver customized products and provide quality services.
Business area pf the company
The company is primarily engaged in the business of supply of ERW Mild Steel (Ms), Galvanised (Gi), Pre Galvanised (p) & CRC-square, Rectangle & Round Hollow Tubes, Boiler Tube, Spiral Pipe, TMT, Hot Rolled (Hr) Plate, CRC Coils & Sheets, Colour Coated Coils & Sheets, Pre Galvanised (GP) Coils & Sheets and total structural steel solutions.
Products of the company
Pipes
Structural Steel
Coils
Sheets
History and milestones
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
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.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Claim your FREE 15-day access to the most practical investing handbook.
Hurry, limited to the first 10 users today!
FREE Become a savvy and confident
stock investor.
Hurry, limited to the first 10 users today!
Download APP
