Financials Vinayak Polycon International Limited

Equities

VINAYAKPOL6

INE581M01016

Non-Paper Containers & Packaging

Market Closed - Bombay S.E. 11:00:57 02/07/2024 BST 5-day change 1st Jan Change
26.3 INR +2.73% Intraday chart for Vinayak Polycon International Limited +16.94% +6.52%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 42.21 22.77 29.27 19.44 48.38 55.83
Enterprise Value (EV) 1 92.71 68.82 68.7 53.5 84.03 115.8
P/E ratio 38.1 x 5.56 x 138 x -10 x 115 x 47.7 x
Yield - - - - - -
Capitalization / Revenue 0.23 x 0.1 x 0.19 x 0.17 x 0.32 x 0.26 x
EV / Revenue 0.51 x 0.3 x 0.44 x 0.46 x 0.55 x 0.53 x
EV / EBITDA 6.73 x 4.69 x 6.31 x 8.08 x 9.5 x 9.94 x
EV / FCF -112 x 52.8 x 7.61 x 19.2 x -30.9 x -4.39 x
FCF Yield -0.89% 1.89% 13.1% 5.21% -3.23% -22.8%
Price to Book 1.03 x 0.51 x 0.65 x 0.45 x 1.11 x 1.24 x
Nbr of stocks (in thousands) 3,081 3,081 3,081 3,081 3,081 3,081
Reference price 2 13.70 7.390 9.500 6.310 15.70 18.12
Announcement Date 03/09/18 28/08/19 04/09/20 28/08/21 23/08/22 05/09/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 181.5 232.7 155.7 115.4 152.7 218
EBITDA 1 13.78 14.66 10.89 6.618 8.844 11.66
EBIT 1 5.156 5.579 3.704 -0.243 2.646 5.031
Operating Margin 2.84% 2.4% 2.38% -0.21% 1.73% 2.31%
Earnings before Tax (EBT) 1 1.255 5.574 0.323 -2.219 0.267 1.862
Net income 1 1.122 4.111 0.212 -1.927 0.421 1.17
Net margin 0.62% 1.77% 0.14% -1.67% 0.28% 0.54%
EPS 2 0.3600 1.330 0.0688 -0.6300 0.1366 0.3797
Free Cash Flow 1 -0.8254 1.303 9.022 2.788 -2.716 -26.41
FCF margin -0.45% 0.56% 5.79% 2.42% -1.78% -12.11%
FCF Conversion (EBITDA) - 8.89% 82.82% 42.13% - -
FCF Conversion (Net income) - 31.69% 4,255.54% - - -
Dividend per Share - - - - - -
Announcement Date 03/09/18 28/08/19 04/09/20 28/08/21 23/08/22 05/09/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 50.5 46 39.4 34.1 35.7 60
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.666 x 3.141 x 3.619 x 5.147 x 4.031 x 5.149 x
Free Cash Flow 1 -0.83 1.3 9.02 2.79 -2.72 -26.4
ROE (net income / shareholders' equity) 2.78% 9.57% 0.47% -4.35% 0.97% 2.64%
ROA (Net income/ Total Assets) 2.9% 3.16% 2.23% -0.16% 1.75% 2.94%
Assets 1 38.66 130.2 9.527 1,239 24.05 39.83
Book Value Per Share 2 13.30 14.60 14.70 14.10 14.20 14.60
Cash Flow per Share 2 0.2100 0.0800 0.1500 0.1900 0.0300 0.1000
Capex 1 3.14 0.09 9.73 4.47 2.04 21.5
Capex / Sales 1.73% 0.04% 6.25% 3.87% 1.34% 9.87%
Announcement Date 03/09/18 28/08/19 04/09/20 28/08/21 23/08/22 05/09/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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