Financials Vipul Organics Limited

Equities

VIPULORG6

INE834D01018

Specialty Chemicals

Market Closed - Bombay S.E. 06:12:52 2024-05-03 am EDT 5-day change 1st Jan Change
179.6 INR -1.83% Intraday chart for Vipul Organics Limited +0.14% +6.12%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 1,259 1,391 713.4 1,631 2,205 1,163
Enterprise Value (EV) 1 1,445 1,568 885.2 1,862 2,489 1,440
P/E ratio 48.5 x 39.4 x 15.4 x 23.8 x 29.9 x 61.8 x
Yield 0.49% 0.44% 0.87% 0.53% 0.42% 0.99%
Capitalization / Revenue 1.59 x 1.55 x 0.77 x 1.37 x 1.66 x 0.87 x
EV / Revenue 1.82 x 1.74 x 0.96 x 1.57 x 1.87 x 1.07 x
EV / EBITDA 39.6 x 23.3 x 10.1 x 11.3 x 17.2 x 12.7 x
EV / FCF -11 x -149 x -56 x -29.2 x -18.5 x 29.9 x
FCF Yield -9.11% -0.67% -1.79% -3.43% -5.4% 3.34%
Price to Book 4.97 x 4.94 x 2.23 x 4.03 x 4.21 x 2.19 x
Nbr of stocks (in thousands) 9,656 9,656 9,656 11,937 12,812 12,812
Reference price 2 130.4 144.1 73.88 136.6 172.1 90.75
Announcement Date 8/14/18 9/7/19 9/8/20 8/25/21 8/23/22 9/7/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 792 900.1 922.5 1,187 1,332 1,339
EBITDA 1 36.5 67.21 87.32 164.5 144.4 113.7
EBIT 1 29.47 60.85 67.73 107 94.82 59.28
Operating Margin 3.72% 6.76% 7.34% 9.02% 7.12% 4.43%
Earnings before Tax (EBT) 1 33.92 50.29 68.76 95.58 97.41 27.28
Net income 1 22.52 35.3 46.23 68.52 69.68 18.72
Net margin 2.84% 3.92% 5.01% 5.77% 5.23% 1.4%
EPS 2 2.689 3.656 4.788 5.741 5.751 1.469
Free Cash Flow 1 -131.6 -10.53 -15.81 -63.86 -134.5 48.1
FCF margin -16.62% -1.17% -1.71% -5.38% -10.09% 3.59%
FCF Conversion (EBITDA) - - - - - 42.32%
FCF Conversion (Net income) - - - - - 256.96%
Dividend per Share 2 0.6400 0.6400 0.6400 0.7200 0.7200 0.9000
Announcement Date 8/14/18 9/7/19 9/8/20 8/25/21 8/23/22 9/7/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 187 177 172 231 284 277
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 5.113 x 2.633 x 1.968 x 1.403 x 1.968 x 2.436 x
Free Cash Flow 1 -132 -10.5 -15.8 -63.9 -134 48.1
ROE (net income / shareholders' equity) 10.1% 13.3% 15.5% 18.9% 15.1% 3.56%
ROA (Net income/ Total Assets) 3.16% 5.29% 5.03% 6.6% 5.07% 2.96%
Assets 1 712.4 667.4 919.7 1,039 1,374 633.3
Book Value Per Share 2 26.30 29.10 33.10 33.90 40.80 41.40
Cash Flow per Share 2 0.1600 1.700 4.380 4.190 1.420 3.420
Capex 1 47.5 117 113 14.9 135 31.1
Capex / Sales 6% 13.02% 12.2% 1.25% 10.13% 2.32%
Announcement Date 8/14/18 9/7/19 9/8/20 8/25/21 8/23/22 9/7/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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