VENKYS (I) LIMITED has announced its results for the year ended March 2019. Let us have a look at the detailed performance review of the company during FY18-19.
No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | % Change | |
---|---|---|---|---|
Net Sales | Rs m | 26,862 | 30,431 | 13.3% |
Other income | Rs m | 288 | 290 | 0.7% |
Total Revenues | Rs m | 27,150 | 30,721 | 13.2% |
Gross profit | Rs m | 3,861 | 3,084 | -20.1% |
Depreciation | Rs m | 281 | 294 | 4.3% |
Interest | Rs m | 499 | 316 | -36.7% |
Profit before tax | Rs m | 3,370 | 2,765 | -17.9% |
Tax | Rs m | 1,373 | 1,024 | -25.4% |
Profit after tax | Rs m | 1,997 | 1,741 | -12.8% |
Gross profit margin | % | 14.4 | 10.1 | |
Effective tax rate | % | 40.7 | 37.0 | |
Net profit margin | % | 7.4 | 5.7 |
No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | % Change | |
---|---|---|---|---|
Networth | Rs m | 7,212 | 8,815 | 22.2 |
Current Liabilities | Rs m | 5,900 | 5,877 | -0.4 |
Long-term Debt | Rs m | 739 | 399 | -45.9 |
Total Liabilities | Rs m | 14,312 | 15,573 | 8.8 |
Current assets | Rs m | 7,938 | 8,904 | 12.2 |
Fixed Assets | Rs m | 4,893 | 5,675 | 16.0 |
Total Assets | Rs m | 14,312 | 15,573 | 8.8 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Mar-18 | Mar-19 | ||
Cash Flow from Operating Activities | Rs m | 2,559 | 1,589 | -37.9% |
Cash Flow from Investing Activities | Rs m | -293 | -383 | - |
Cash Flow from Financing Activities | Rs m | -2,448 | -1,204 | - |
Net Cash Flow | Rs m | -182 | 2 | - |
No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 1,906.5 | 2,159.8 |
TTM Earnings per share | Rs | 141.7 | 123.6 |
Diluted earnings per share | Rs | 141.6 | 123.5 |
Price to Cash Flow | x | 10.0 | 11.3 |
TTM P/E ratio | x | 13.9 | 13.9 |
Price / Book Value ratio | x | 5.4 | 5.2 |
Market Cap | Rs m | 22,885 | 22,901 |
Dividends per share (Unadj.) | Rs | 8.0 | 8.0 |
Current Ratio: The company's current ratio improved and stood at 1.5x during FY19, from 1.3x during FY18. The current ratio measures the company's ability to pay short-term and long-term obligations.
Interest Coverage Ratio: The company's interest coverage ratio improved and stood at 9.8x during FY19, from 7.8x during FY18. The interest coverage ratio of a company states how easily a company can pay its interest expense on outstanding debt. A higher ratio is preferable.
Return on Equity (ROE): The ROE for the company declined and down at 19.8% during FY19, from 27.7% during FY19. The ROE measures the ability of a firm to generate profits from its shareholders capital in the company.
Return on Capital Employed (ROCE): The ROCE for the company declined and down at 33.4% during FY19, from 48.7% during FY18. The ROCE measures the ability of a firm to generate profits from its total capital (shareholder capital plus debt capital) employed in the company.
Return on Assets (ROA): The ROA of the company declined and down at 13.2% during FY19, from 17.4% during FY18. The ROA measures how efficiently the company uses its assets to generate earnings.
No. of Mths Year Ending | 12 Mar-18* | 12 Mar-19* | |
---|---|---|---|
Current ratio | x | 1.3 | 1.5 |
Debtors’ Days | Days | 40 | 37 |
Interest coverage | x | 7.8 | 9.8 |
Debt to equity ratio | x | 0.1 | 0.0 |
Return on assets | % | 17.4 | 13.2 |
Return on equity | % | 27.7 | 19.8 |
Return on capital employed | % | 48.7 | 33.4 |
To see how VENKYS (I) LIMITED has performed over the last 5 years, please visit here.
Over the last one year, VENKYS (I) LIMITED share price has moved down from Rs 2,549.3 to Rs 1,624.2, registering a loss of Rs 925.1 or around 36.3%.
Overall, the S&P BSE SENSEX is down 2.5% over the year.
(To know more, check out historical annual results for VENKYS (I) LIMITED and quarterly results for VENKYS (I) LIMITED)
For the quarter ended June 2020, VENKYS (I) LIMITED has posted a net profit of Rs 470 m (down 24.0% YoY). Sales on the other hand came in at Rs 5 bn (down 40.2% YoY). Read on for a complete analysis of VENKYS (I) LIMITED's quarterly results.
For the quarter ended December 2019, VENKYS (I) LIMITED has posted a net profit of Rs 59 m (down 108.7% YoY). Sales on the other hand came in at Rs 9 bn (up 8.4% YoY). Read on for a complete analysis of VENKYS (I) LIMITED's quarterly results.
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