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Vinyl Chemicals (India) BSE:524129 Stock Report

Last Price

₹269.65

Market Cap

₹4.9b

7D

4.8%

1Y

74.7%

Updated

01 Jul, 2022

Data

Company Financials
524129 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends5/6

524129 Stock Overview

Vinyl Chemicals (India) Limited engages in the trade of various chemicals in India and internationally.

Vinyl Chemicals (India) Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Vinyl Chemicals (India)
Historical stock prices
Current Share Price₹269.65
52 Week High₹330.55
52 Week Low₹147.10
Beta1.09
1 Month Change-6.65%
3 Month Change0.88%
1 Year Change74.70%
3 Year Change298.01%
5 Year Change203.32%
Change since IPO523.47%

Recent News & Updates

Shareholder Returns

524129IN Trade DistributorsIN Market
7D4.8%3.1%1.7%
1Y74.7%34.0%0.1%

Return vs Industry: 524129 exceeded the Indian Trade Distributors industry which returned 34% over the past year.

Return vs Market: 524129 exceeded the Indian Market which returned 0.1% over the past year.

Price Volatility

Is 524129's price volatile compared to industry and market?
524129 volatility
524129 Average Weekly Movement7.2%
Trade Distributors Industry Average Movement6.9%
Market Average Movement7.0%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.5%

Stable Share Price: 524129 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 524129's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198613Madhukar Parekhhttps://www.vinylchemicals.com

Vinyl Chemicals (India) Limited engages in the trade of various chemicals in India and internationally. It primarily sells vinyl acetate monomer. The company was incorporated in 1986 and is based in Mumbai, India.

Vinyl Chemicals (India) Fundamentals Summary

How do Vinyl Chemicals (India)'s earnings and revenue compare to its market cap?
524129 fundamental statistics
Market Cap₹4.94b
Earnings (TTM)₹348.70m
Revenue (TTM)₹8.65b

14.2x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
524129 income statement (TTM)
Revenue₹8.65b
Cost of Revenue₹8.07b
Gross Profit₹580.60m
Other Expenses₹231.90m
Earnings₹348.70m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)19.02
Gross Margin6.71%
Net Profit Margin4.03%
Debt/Equity Ratio0.8%

How did 524129 perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

26%

Payout Ratio

Does 524129 pay a reliable dividends?

See 524129 dividend history and benchmarks
When do you need to buy 524129 by to receive an upcoming dividend?
Vinyl Chemicals (India) dividend dates
Ex Dividend DateJul 29 2022
Dividend Pay DateSep 11 2022
Days until Ex dividend27 days
Days until Dividend pay date71 days

Does 524129 pay a reliable dividends?

See 524129 dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is 524129 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 524129?

Other financial metrics that can be useful for relative valuation.

524129 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.5x
Enterprise Value/EBITDA8.2x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 524129's PE Ratio compare to its peers?

524129 PE Ratio vs Peers
The above table shows the PE ratio for 524129 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average23.2x
542012 A-1 Acid
52.4xn/a₹3.4b
511076 Sat Industries
10.5xn/a₹3.7b
542655 Vikas Lifecare
23.1xn/a₹6.6b
540980 Yamuna Syndicate
6.7xn/a₹3.7b
524129 Vinyl Chemicals (India)
14.2xn/a₹4.9b

Price-To-Earnings vs Peers: 524129 is good value based on its Price-To-Earnings Ratio (14.2x) compared to the peer average (23.2x).


Price to Earnings Ratio vs Industry

How does 524129's PE Ratio compare vs other companies in the IN Trade Distributors Industry?

Price-To-Earnings vs Industry: 524129 is good value based on its Price-To-Earnings Ratio (14.2x) compared to the Indian Trade Distributors industry average (22.3x)


Price to Earnings Ratio vs Fair Ratio

What is 524129's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

524129 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 524129's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 524129 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 524129 (₹269.65) is trading above our estimate of fair value (₹53.97)

Significantly Below Fair Value: 524129 is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 524129's PEG Ratio to determine if it is good value.


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Future Growth

How is Vinyl Chemicals (India) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


8.8%

Forecasted Capital Goods industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Vinyl Chemicals (India) has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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Past Performance

How has Vinyl Chemicals (India) performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


21.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 524129 has a high level of non-cash earnings.

Growing Profit Margin: 524129's current net profit margins (4%) are higher than last year (2.8%).


Past Earnings Growth Analysis

Earnings Trend: 524129's earnings have grown significantly by 21.2% per year over the past 5 years.

Accelerating Growth: 524129's earnings growth over the past year (207.2%) exceeds its 5-year average (21.2% per year).

Earnings vs Industry: 524129 earnings growth over the past year (207.2%) exceeded the Trade Distributors industry 97.7%.


Return on Equity

High ROE: 524129's Return on Equity (36.3%) is considered high.


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Financial Health

How is Vinyl Chemicals (India)'s financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 524129's short term assets (₹1.6B) exceed its short term liabilities (₹649.7M).

Long Term Liabilities: 524129's short term assets (₹1.6B) exceed its long term liabilities (₹7.1M).


Debt to Equity History and Analysis

Debt Level: 524129 has more cash than its total debt.

Reducing Debt: 524129's debt to equity ratio has reduced from 1% to 0.8% over the past 5 years.

Debt Coverage: 524129's debt is well covered by operating cash flow (2129.1%).

Interest Coverage: 524129's interest payments on its debt are well covered by EBIT (316.8x coverage).


Balance Sheet


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Dividend

What is Vinyl Chemicals (India) current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.85%

Current Dividend Yield

Upcoming Dividend Payment

TodayJul 01 2022Ex Dividend DateJul 29 2022Dividend Pay DateSep 11 202244 days from Ex DividendBuy in the next 27 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 524129's dividend (1.85%) is higher than the bottom 25% of dividend payers in the Indian market (0.42%).

High Dividend: 524129's dividend (1.85%) is low compared to the top 25% of dividend payers in the Indian market (1.87%).


Stability and Growth of Payments

Stable Dividend: 524129's dividends per share have been stable in the past 10 years.

Growing Dividend: 524129's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (26.3%), 524129's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (54.5%), 524129's dividend payments are covered by cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

18.7yrs

Average board tenure


CEO

Madhukar Parekh (76 yo)

no data

Tenure

₹7,900,000

Compensation

Mr. Madhukar Balvantray Parekh has been an Executive Chairman of Pidilite Industries Ltd since April 10, 2015. Mr. Parekh serves as the Managing Director of Vinyl Chemicals (India) Limited and has been its...


Board Members

Experienced Board: 524129's board of directors are seasoned and experienced ( 18.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Vinyl Chemicals (India) Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Vinyl Chemicals (India) Limited
  • Ticker: 524129
  • Exchange: BSE
  • Founded: 1986
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Implied Market Cap: ₹4.945b
  • Shares outstanding: 18.34m
  • Website: https://www.vinylchemicals.com

Number of Employees


Location

  • Vinyl Chemicals (India) Limited
  • Ramkrishna Mandir Road
  • Off Mathuradas Vasanji Road
  • Mumbai
  • Maharashtra
  • 400059
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/01 00:00
End of Day Share Price2022/07/01 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.