What is Veejay Lakshmi Engineering Works share price return in the past 10 years?

Veejay Lakshmi Engineering Works Ltd share price has appreciated 5.1% annually (CAGR) over the past ten years.

What is the P/E ratio of Veejay Lakshmi Engineering Works?

The latest standalone P/E ratio of Veejay Lakshmi Engineering Works as of 20-Dec-2024 is 0.00.

What is the P/B ratio of Veejay Lakshmi Engineering Works?

The latest standalone P/B ratio of Veejay Lakshmi Engineering Works as of 20-Dec-2024 is 2.04.

What is the 52-week high and low of Veejay Lakshmi Engineering Works?

The 52-week high of Veejay Lakshmi Engineering Works is Rs. 130.00 and the 52-week low is Rs. 42.61.

Veejay Lakshmi Engineering Works Ltd - Stock Valuation and Financial Performance

Name: Veejay Lakshmi Engineering Works
Brand: Veejay Lakshmi Engineering Works

BSE: 522267 | NSE: | Textile - Machinery | Small Cap

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Veejay Lakshmi Engg Share Price

₹68 -1.90 -2.72%
as on 20-Dec'24 16:59

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Based on:

Data

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Veejay Lakshmi Engineering Works stock performance -

PE Chart Key Ratios

P/E Ratio (SA):

0.00

Market Cap:

34.5 Cr.

52-wk low:

42.6

52-wk high:

130

Is Veejay Lakshmi Engineering Works Ltd an attractive stock to invest in?

1. Is Veejay Lakshmi Engineering Works Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Veejay Lakshmi Engineering Works Ltd is a below average quality company.

2. Is Veejay Lakshmi Engineering Works Ltd undervalued or overvalued?

The key valuation ratios of Veejay Lakshmi Engineering Works Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Veejay Lakshmi Engineering Works Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Veejay Lakshmi Engineering Works 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 Veejay Lakshmi Engg:

Analysis of Financial Track Record

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

Standalone Basis ^P Consolidated Basis ^P

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	2.7%	-5%	-0.6%	-8.1%	2.2%	-12.6%	-2.4%	4.7%	-21.4%	-4.6%	-
Value Creation Index ⓘ	-0.8	-1.4	-1.1	-1.6	-0.8	-1.9	-1.2	-0.7	-2.5	-1.3	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	110	78.8	88.3	81.4	79.5	68.8	51.3	75	64	87.1	82
Sales YoY Gr.	-	-28.4%	12%	-7.8%	-2.3%	-13.5%	-25.4%	46%	-14.7%	36.1%	-
Adj EPS ⓘ	-16.7	-9.3	-4	-11.5	-1.4	-27.5	-6.3	0.8	-28	-9.4	-5.5
YoY Gr.	-	NA	NA	NA	NA	NA	NA	NA	-3555.6%	NA	-
BVPS (₹) ⓘ	122.6	114.9	123	112.2	111.9	84.6	79.8	82.5	44.3	36.5	33.3
Adj Net Profit ⓘ	-8.5	-4.7	-2	-5.8	-0.7	-14	-3.2	0.4	-14.2	-4.8	-3
Cash Flow from Ops. ⓘ	8.7	7.4	-3.3	8.2	-5.5	-0.1	-6.1	8.4	-9.4	7.3	-
Debt/CF from Ops. ⓘ	3.3	1.9	-3.6	3.6	-2.8	-263.4	-3.5	2.1	-3.5	3.9	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-2.6%	1.8%	19.3%	36.1%
Adj EPS ⓘ	NA	NA	NA	NA
BVPSⓘ	-12.6%	-20.1%	-23%	-17.6%
Share Price	5.1%	22.4%	10.4%	50.2%

Key Financial Parameters ⓘ

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 % ⓘ	-12.7	-7.8	-3.3	-9.8	-1.3	-28	-7.6	1	-44.2	-23.2	-15.7
Op. Profit Mgn % ⓘ	-2.8	-1	4	-3.9	3.6	-10.5	1.1	6.2	-15.8	-3.9	-1.9
Net Profit Mgn % ⓘ	-7.7	-6	-2.3	-7.2	-0.9	-20.3	-6.2	0.6	-22.2	-5.5	-3.4
Debt to Equity ⓘ	0.5	0.2	0.2	0.5	0.3	0.3	0.5	0.4	1.5	1.6	1.4
Working Cap Days ⓘ	128	166	131	185	193	179	202	138	146	94	46
Cash Conv. Cycle ⓘ	95	108	85	135	142	118	119	93	100	59	1

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 19.28%

Sales growth is good in last 4 quarters at 32.53%

Return on Equity is Poor

Debt to equity has increased versus last 3 years average to 1.55

Latest Financials - Veejay Lakshmi Engineering Works Ltd.

	Standalone	Consolidated
TTM EPS (₹)	-5.5	-5.5
TTM Sales (₹ Cr.)	82.3	82.3
BVPS (₹.) ⓘ	33.3	36.5
Reserves (₹ Cr.) ⓘ	11	13
P/BV ⓘ	2.04	1.86
PE ⓘ	0.00	0.00

From the Market
52 Week Low / High (₹)	42.61 / 130.00
All Time Low / High (₹)	6.40 / 193.70
Market Cap (₹ Cr.)	34.5
Equity (₹ Cr.)	5.1
Face Value (₹)	10
Industry PE ⓘ	65.8

Management X-Ray of Veejay Lakshmi Engg:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Veejay Lakshmi Engg

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Veejay Lakshmi Engg

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	110.07	78.79	88.26	81.36	79.53	68.77	51.32	74.95	63.97	87.09
Operating Expenses ⓘ	113.21	79.58	84.74	84.54	76.63	76.01	50.75	70.31	74.08	90.45
Manufacturing Costs	16.43	16.85	14.59	13.60	11.05	8.45	7.30	7.83	6.41	8.61
Material Costs	78.56	49.26	51.03	52.95	49.97	53.58	33.12	47.90	53.28	67.12
Employee Cost	14.01	10.96	14.79	14.32	11.86	10.96	7.78	10.39	10.60	11.65
Other Costs ⓘ	4.22	2.51	4.32	3.65	3.76	3.03	2.55	4.20	3.79	3.07
Operating Profit ⓘ	-3.14	-0.79	3.52	-3.18	2.90	-7.24	0.57	4.64	-10.11	-3.36
Operating Profit Margin (%)	-2.9%	-1.0%	4.0%	-3.9%	3.6%	-10.5%	1.1%	6.2%	-15.8%	-3.9%
Other Income ⓘ	0.37	0.58	0.70	0.74	2.03	1.74	0.46	0.87	0.32	3.43
Interest ⓘ	2.47	0.78	0.65	1.22	1.28	1.14	1.56	2.03	1.73	2.43
Depreciation ⓘ	9.92	4.67	4.69	4.08	3.17	2.57	2.44	2.64	2.53	2.44
Exceptional Items ⓘ	14.98	0.80	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	-0.19	-4.85	-1.11	-7.74	0.47	-9.20	-2.98	0.84	-14.04	-4.79
Tax ⓘ	-2.03	-0.90	0.61	-2.29	0.68	4.20	-0.03	-0.16	0	-0.23
Profit After Tax	1.83	-3.95	-1.72	-5.45	-0.20	-13.40	-2.95	0.99	-14.04	-4.56
PAT Margin (%)	1.7%	-5.0%	-1.9%	-6.7%	-0.3%	-19.5%	-5.7%	1.3%	-21.9%	-5.2%
Adjusted EPS (₹)	3.6	-7.8	-3.4	-10.7	-0.4	-26.4	-5.8	2.0	-27.7	-9.0
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

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	62.20	58.26	62.40	56.93	56.75	42.89	40.48	41.85	22.46	18.51
Share Capital ⓘ	5.07	5.07	5.07	5.07	5.07	5.07	5.07	5.07	5.07	5.07
Reserves ⓘ	57.13	53.18	57.33	51.85	51.68	37.82	35.41	36.78	17.39	13.43
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	25.93	11.18	11.82	29.28	15.26	12.93	20.49	16.88	32.43	27.36
Long Term Debt	12.44	10.01	2.05	2.30	2.58	7.29	9.64	12.35	19.30	19.95
Short Term Debt	13.49	1.17	9.77	26.98	12.68	5.65	10.85	4.53	13.13	7.41
Trade Payables	9.58	5.21	6.01	5.11	6.59	9.75	3.44	3.80	1.03	5.88
Others Liabilities ⓘ	4.80	7.64	6.80	2.30	3.94	4.33	8.08	7.93	9.28	8.82
Total Liabilities ⓘ	102.52	82.29	87.03	93.62	82.54	69.90	72.50	70.47	65.20	60.57
Fixed Assets
Gross Block	116.73	119.92	47.58	50.10	51.10	51.64	56.16	59.04	59.06	59.77
Accumulated Depreciation	69.30	73.77	4.58	8.55	11.61	13.79	16.13	18.66	21.08	23.40
Net Fixed Assetsⓘ	47.43	46.15	43.01	41.56	39.48	37.85	40.04	40.38	37.98	36.36
CWIP ⓘ	0	0	0	0	0	3.59	0.03	0	0	0
Investmentsⓘ	0.03	8.75	2.06	2.34	2.13	1.42	1.15	1.62	1.68	2.54
Inventories	28.28	18.03	30.49	34.83	31.03	18.63	19.68	20.65	17.68	12.14
Trade Receivables	12.95	2.83	3.81	2.57	5.68	4.16	4.11	0.81	0.47	4.51
Cash Equivalents	7.17	1.30	1.24	6.37	0.37	0.22	0.52	0.79	0.44	0.44
Others Assetsⓘ	6.65	5.24	6.41	5.96	3.84	4.03	6.97	6.21	6.95	4.57
Total Assets ⓘ	102.52	82.29	87.03	93.62	82.54	69.90	72.50	70.47	65.20	60.57

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

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 ⓘ	8.67	7.35	-3.27	8.23	-5.49	-0.05	-6.13	8.43	-9.44	7.27
PBT ⓘ	-0.19	-4.85	-1.11	-7.74	0.47	-9.20	-2.98	0.84	-14.04	-4.79
Adjustment ⓘ	2.78	3.45	4.87	4.42	3.75	2.96	3.75	4.07	4.12	3.53
Changes in Working Capital ⓘ	7.15	8.59	-7.57	11.54	-9.6	6.29	-7.08	3.44	0.49	8.67
Tax Paid ⓘ	-1.06	0.17	0.54	0.01	-0.11	-0.09	0.19	0.09	-0.01	-0.14
Cash Flow From Investing Activity ⓘ	-8.92	-10.22	6.78	-2.25	0.28	-3.84	-1.01	-2.35	0.04	0.39
Capex	-26.19	-1.84	-2.75	-2	0.27	-3.92	-0.97	-2.45	-0.02	-0.92
Net Investments	17.06	-8.65	9.55	-0.01	-0.12	-0.04	-0.17	-0.02	-0.02	-0.01
Others ⓘ	0.21	0.27	-0.02	-0.24	0.13	0.12	0.13	0.12	0.08	1.32
Cash Flow From Financing Activityⓘ	7.12	-3.01	-3.37	-0.86	-0.90	3.71	7.18	-5.83	9.03	-7.62
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	9.44	-2.34	-2.84	0	0	4.71	2.36	2.71	1.57	0.65
Interest Paid ⓘ	-2.31	-0.66	-0.53	-0.86	-0.90	-1	-1.50	-1.77	-1.34	-2.93
Dividend Paid ⓘ	-0.02	-0.01	0	0	0	0	0	0	0	0
Others ⓘ	0	0	0	0	0	0	6.32	-6.78	8.79	-5.34
Net Cash Flow ⓘ	6.87	-5.88	0.13	5.12	-6.12	-0.19	0.04	0.24	-0.37	0.04

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	2.74	-6.55	-2.84	-9.13	-0.36	-26.9	-7.07	2.41	-43.67	-22.24
ROCE (%)	2.68	-5.02	-0.63	-8.12	2.22	-12.6	-2.4	4.72	-21.39	-4.59
Asset Turnover Ratio	1.23	0.88	1.1	0.92	0.9	0.9	0.72	1.05	0.94	1.38
PAT to CFO Conversion(x)	4.74	N/A	N/A	N/A	N/A	N/A	N/A	8.52	N/A	N/A
Working Capital Days
Receivable Days	21	35	13	14	19	26	29	12	4	10
Inventory Days	90	104	95	143	151	132	136	98	109	62
Payable Days	25	55	40	38	43	56	73	28	17	19

Veejay Lakshmi Engineering Works Ltd Stock News

Veejay Lakshmi Engineering Works Ltd FAQs

What is the share price of Veejay Lakshmi Engg?

Company share prices are keep on changing according to the market conditions. The closing price of Veejay Lakshmi Engg on 20-Dec-2024 16:59 is ₹68.00.

What is the market cap of Veejay Lakshmi Engg?

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 Veejay Lakshmi Engg stood at ₹34.49.

What is the P/E ratio of Veejay Lakshmi Engg?

The latest P/E ratio of Veejay Lakshmi Engg as of 20-Dec-2024 16:59 is 0.00.

What is the P/B ratio of Veejay Lakshmi Engg?

The latest P/B ratio of Veejay Lakshmi Engg as of 20-Dec-2024 16:59 is 2.04.

What is the 52-week high and low of Veejay Lakshmi Engg?

The 52-week high of Veejay Lakshmi Engg is ₹130.0 and the 52-week low is ₹42.61.

What is the TTM revenue of Veejay Lakshmi Engg?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Veejay Lakshmi Engg is ₹82.27 ( Cr.) .

About Veejay Lakshmi Engineering Works Ltd

Veejay Lakshmi Engineering works Limited was incorporated in the year 1974 as a private Limited company. In the year 1994, public issue was made at a premium Rs 75 per share. The shares have been listed at Mumbai Stock Exchange.

Veejay Lakshmi started its production activites in 1975 in producing Two-for-one Twisters at the engineering unit located in Sengalipalayam, Coimbatore. Veejay Lakshmi is the largest manufacturer of Two-for-one Twister (TFO) in India with more than 4500 installations worldwide. Veejay Lakshmi is also the only manufacturer of Automatic Cone Winders (ACW) in India.

To enhance its production facilities second engineering unit was started in the year 1993 at Annur, Coimbatore. Veejay Lakshmi diversified into Yarn spinning by acquiring a textile mill in Udumalpet in the year 1993.

The need to generate and utilize windpower energy for the textile units led to the investment in 4 windmills of 225 KW each used for captive power consumption for the textile mills in 1994. These windmills are now used for Engineering units captive power consumption.

In 1996, Veejay Lakshmi entered into a Joint Venture with Savio Machine Tessili for the manufacture of Automatic cone winders in India. The joint venture agreement has come to an end from December 2004 and Veejay Lakshmi will be manufacturing and marketing Automatic cone winder and all related spareparts and accessories through its own sales and spares distribution network.

Veejay Lakshmi Textiles Limited, a Wholly owned subsidiary of Veejay Lakshmi Engineering works Limited was incorporated in the year 2001. The subsidiary was formed to manage the textile business of the holding company seperately. The transfer of business was done on 30.03.2003.

With the objective of consolidation, modernization, economies of scale and future value addition the textile unit at udumalpet was sold by the end of January 2005. To meet the additional power requirements of the textile mills 3 Windmills of 600KW each have been installed.

Continuing the tradition of commitment in delivering quality products to meet customer requirements, in combination with continuous Research and development for design improvements and cutting edge technology innovation, investments are continuously undertaken in improving the production facilities with the latest advanced technology machines to obtain high productivity, quality and achieve reduction in product costs

The product range of the company is broadly classified into 3 categories.