Global Vectra Helicorp Ltd - Stock Valuation and Financial Performance

BSE: 532773 | NSE: GLOBALVECT | Airlines | Small Cap

Global Vectra Helico Share Price

222.55 -11.70 -4.99%
as on 21-Nov'24 16:59

DeciZen - make an informed investing decision on Global Vectra Helico

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Global Vectra Helicorp stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
328 Cr.
52-wk low:
86
52-wk high:
346.2

Is Global Vectra Helicorp Ltd an attractive stock to invest in?

1. Is Global Vectra Helicorp Ltd a good quality company?

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

2. Is Global Vectra Helicorp Ltd undervalued or overvalued?

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

3. Is Global Vectra Helicorp Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Global Vectra Helicorp 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 Global Vectra Helico:

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.
Global Vectra Helicorp 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 % 25.7%15.7%15%6.5%8.1%14.2%-21.4%9.7%3%53.3%-
Value Creation
Index
0.80.10.1-0.5-0.40.0-2.5-0.3-0.82.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 347357376404480457295335411503525
Sales YoY Gr.-3.1%5.2%7.6%18.8%-4.9%-35.3%13.5%22.6%22.3%-
Adj EPS 14.519.89.43.24.212.3-18.4-12.5-8.67.6-2.5
YoY Gr.-36.5%-52.4%-65.9%31.7%190.3%-249.5%NANANA-
BVPS (₹) -7.21.438.836.747.456.634.229.220.115.611.2
Adj Net
Profit
20.327.813.24.55.917.2-25.8-17.5-1210.7-4
Cash Flow from Ops. 72.960.371.457.433.676.510.459.628.6111-
Debt/CF from Ops. 2.33.93.83.14.715.70.91.50.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.2%0.9%19.4%22.3%
Adj EPS -6.9%12.4%NANA
BVPSNA-19.9%-23.1%-22.4%
Share Price 12.8% 36.4% 60.2% 143.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
29.53318.65.36.523.7-40.5-39.3-34.942.7-18.8
Op. Profit
Mgn %
20.416.319.615.811.825.311.414.713.919.915.9
Net Profit
Mgn %
5.97.83.51.11.23.8-8.7-5.2-2.92.1-0.7
Debt to
Equity
2.93.451.52.40.91.21.41.61.9-
Working Cap
Days
12513915115315918830729027127588
Cash Conv.
Cycle
-151-135-121-125-100-73-63-78-88-98-87

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 19.40%

Debt to equity has declined versus last 3 years average to 1.91

Sales growth is good in last 4 quarters at 21.44%

Return on Equity is Poor

Latest Financials - Global Vectra Helicorp Ltd.

Standalone Consolidated
TTM EPS (₹) -2.5 -
TTM Sales (₹ Cr.) 525 -
BVPS (₹.) 11.2 -
Reserves (₹ Cr.) 2 -
P/BV 20.92 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 86.00 / 346.15
All Time Low / High (₹) 8.10 / 346.15
Market Cap (₹ Cr.) 328
Equity (₹ Cr.) 14
Face Value (₹) 10
Industry PE 23.8

Management X-Ray of Global Vectra Helico:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Global Vectra Helico

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
Sales347357376404480457295335411503
Operating Expenses 277307302349431364271286370417
Manufacturing Costs168189189214284205136156196237
Material Costs0000000000
Employee Cost 6971758390958985100113
Other Costs 40473853566446457467
Operating Profit 70507455509225494186
Operating Profit Margin (%) 20.0%14.0%20.0%14.0%10.0%20.0%8.0%15.0%10.0%17.0%
Other Income 103412382931413622
Interest 17152321142418172134
Depreciation 26303838399483807572
Exceptional Items 5-1300200000
Profit Before Tax 422624-173-45-7-182
Tax 19138100-16-2-21
Profit After Tax 231316-272-29-5-171
PAT Margin (%) 7.0%4.0%4.0%0.0%1.0%0.0%-10.0%-1.0%-4.0%0.0%
Adjusted EPS (₹)16.59.211.4-1.25.01.5-20.9-3.5-11.90.9
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 818854117667948412822
Share Capital 80801480141414141414
Reserves 18403752653427148
Minority Interest0000000000
Debt1221831741431206152493330
Long Term Debt831471631301045042372923
Short Term Debt393710121510101237
Trade Payables131151134179169144140134151178
Others Liabilities 134202255189283523464492557698
Total Liabilities 468624617628638807705717768928

Fixed Assets

Gross Block531645620601623839745747753871
Accumulated Depreciation195198157181220287305341330388
Net Fixed Assets335447463421403552440406423483
CWIP 0000000000
Investments 0000000000
Inventories13181720252524242529
Trade Receivables11303029635951342237
Cash Equivalents 221651071211321518
Others Assets87114103148139159179221283361
Total Assets 468624617628638807705717768928

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 736071573476106029111
PBT 422624-173-45-7-182
Adjustment 383151674611051566184
Changes in Working Capital 04-11-6-16-3677-1736
Tax Paid -707-3-4-1-234-11
Cash Flow From Investing Activity 3-310-5-8759559531
Capex 8-16-9-5-8-1331144-27
Net Investments 0-1860-1-814-2-2-2
Others -523012842455360
Cash Flow From Financing Activity -64-43-70-48-31-82-72-95-142-142
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -25-20-2-25-268-7-6-11-3
Interest Paid -12-11-13-13-8-8-4-4-7-3
Dividend Paid 0000000000
Others -28-12-55-103-81-60-85-124-135
Net Cash Flow 11-1314-52-319-191
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)0056.63-3.2511.932.86-46.08-11.11-48.174.83
ROCE (%)25.715.6615.026.468.1214.17-21.399.692.9653.26
Asset Turnover Ratio0.720.650.610.650.760.630.390.470.550.59
PAT to CFO Conversion(x)3.174.624.44N/A4.8638N/AN/AN/A111
Working Capital Days
Receivable Days20212926354968462522
Inventory Days15161717172030262220
Payable Days0000000000

Global Vectra Helicorp Ltd Stock News

Global Vectra Helicorp Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Global Vectra Helico on 21-Nov-2024 16:59 is ₹222.6.
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 21-Nov-2024 16:59 the market cap of Global Vectra Helico stood at ₹327.9.
The latest P/E ratio of Global Vectra Helico as of 21-Nov-2024 16:59 is 0.00.
The latest P/B ratio of Global Vectra Helico as of 21-Nov-2024 16:59 is 20.92.
The 52-week high of Global Vectra Helico is ₹346.1 and the 52-week low is ₹86.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Global Vectra Helico is ₹525.3 ( Cr.) .

About Global Vectra Helicorp Ltd

Global Vectra Helicorp (GVHL) a Vectra group company, is India’s largest private helicopter company, with a fleet of 29 aircraft, including Bell Helicopters (Bell 412) and Eurocopters (EC 155, B1, EC 135 P2, and AS 350 B3). The fleet of helicopters, which range from small light helicopters to medium sized twin helicopters, offer seating capacity of 4-12 passengers.

GVHL is the one of the largest dedicated offshore transportation services companies in the country. The company has operations in both east & west coasts serving blue chip companies such as Reliance, British Gas, Gujarat State Petroleum Corporation, the largest Oil & Gas Corporation in India.

Through its onshore ‘Birdie’ division, GVHL offers charter and airport shuttle services throughout the country.

GVHL is listed on the National Stock Exchange and the Bombay Stock Exhange. It is an ISO 9001-2000, 14001-2004, and OHSAS 18001-1999 certified company. These certifications cover all GVHL activities, including flight operations, engineering, safety, quality control, and commercial systems. GVHL’s maintenance facility at the Juhu air base in Mumbai meets international quality standards and has received certification from the DGCA (Director General of Civil Aviation).

GVHL has a team of highly experienced pilots, all of whom are rated on the Bell 412 helicopter and Eurocopter. These pilots are predominantly from the defence services and possess extensive flying experience in all kinds of difficult environments. Their average flying experience is 7,500 flight hours.

Key competitive strengths of the company are:

  • Long-term operations and strong relationships
  • A large and modern fleet of helicopters
  • State-of-the-art maintenance facilities in our own hanger
  • In-house maintenance, repair and overhaul (MRO) support capabilities
  • Experienced and professional management
  • Focus on safety

Awards & Achievements:

The company is an ISO 9001-2000, 14001-2004, and OHSAS 18001-1999 certified company.

Recent developments

Private charter jet operator BJETS has tied up with the helicopter charter company Global Vectra Helicorp (GVHL) in May 2009 to offer end-to end private travel solutions to customers. Under the long-term memorandum of understanding (MoU), the companies would offer pre-paid hour cards which can used seamlessly across the BJETS and GVHL’s fleet.

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