Financials Vapi Enterprise Limited

Equities

VAPIPPR

INE464D01014

Paper Products

Market Closed - Bombay S.E. 06:00:53 2024-04-26 am EDT 5-day change 1st Jan Change
118.5 INR +0.47% Intraday chart for Vapi Enterprise Limited +9.87% +20.92%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 84.87 13.05 81.45 36.85 88.29 187.1
Enterprise Value (EV) 1 161.2 90.01 154.8 105.7 154.4 -138.4
P/E ratio 38.2 x -49 x 15.9 x 11.9 x 34.6 x 0.49 x
Yield - - - - - -
Capitalization / Revenue 2.66 x 0.45 x 2.52 x 1.3 x 3.73 x 7.95 x
EV / Revenue 5.05 x 3.14 x 4.79 x 3.72 x 6.53 x -5.88 x
EV / EBITDA 27.5 x 34 x 20.6 x 19.7 x 38.2 x -20.6 x
EV / FCF -60.6 x 18.8 x 23.8 x 287 x 47.6 x -9.82 x
FCF Yield -1.65% 5.32% 4.21% 0.35% 2.1% -10.2%
Price to Book -1.4 x -0.21 x -1.46 x -0.7 x -1.75 x 0.56 x
Nbr of stocks (in thousands) 2,281 2,281 2,281 2,281 2,281 2,281
Reference price 2 37.20 5.720 35.70 16.15 38.70 82.00
Announcement Date 5/30/18 9/3/19 9/2/20 8/28/21 8/27/22 8/25/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 31.96 28.69 32.34 28.41 23.66 23.54
EBITDA 1 5.856 2.65 7.512 5.375 4.039 6.703
EBIT 1 3.53 0.5548 6.175 3.515 2.301 5.394
Operating Margin 11.05% 1.93% 19.09% 12.37% 9.73% 22.91%
Earnings before Tax (EBT) 1 2.22 -0.2664 5.138 3.613 3.816 489.9
Net income 1 2.22 -0.2664 5.138 3.098 2.551 384.9
Net margin 6.95% -0.93% 15.89% 10.9% 10.78% 1,634.91%
EPS 2 0.9730 -0.1168 2.252 1.358 1.118 168.7
Free Cash Flow 1 -2.66 4.788 6.513 0.3688 3.243 14.09
FCF margin -8.32% 16.69% 20.14% 1.3% 13.71% 59.86%
FCF Conversion (EBITDA) - 180.65% 86.69% 6.86% 80.28% 210.24%
FCF Conversion (Net income) - - 126.74% 11.9% 127.11% 3.66%
Dividend per Share - - - - - -
Announcement Date 5/30/18 9/3/19 9/2/20 8/28/21 8/27/22 8/25/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 76.4 77 73.4 68.9 66.1 -
Net Cash position 1 - - - - - 325
Leverage (Debt/EBITDA) 13.04 x 29.04 x 9.77 x 12.81 x 16.37 x -
Free Cash Flow 1 -2.66 4.79 6.51 0.37 3.24 14.1
ROE (net income / shareholders' equity) -3.58% 0.44% -8.78% -5.69% -4.95% 271%
ROA (Net income/ Total Assets) 5.79% 0.96% 11.4% 6.35% 1.07% 0.96%
Assets 1 38.35 -27.7 45 48.77 239.3 39,999
Book Value Per Share 2 -26.70 -26.80 -24.50 -23.20 -22.10 147.0
Cash Flow per Share 2 1.240 0.4700 1.710 2.740 2.980 145.0
Capex 1 0.53 0.86 1.34 0.04 1.41 -
Capex / Sales 1.66% 2.98% 4.16% 0.14% 5.98% -
Announcement Date 5/30/18 9/3/19 9/2/20 8/28/21 8/27/22 8/25/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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