NSEI:VIDEOIND

Stock Analysis Report

Executive Summary

Videocon Industries Limited manufactures and distributes a range of consumer durables in India and internationally.

Risk Analysis

Earnings have declined by -57.4% per year over past 5 years

Currently unprofitable and not forecast to become profitable over the next 3 years

Highly volatile share price over past 3 months

Does not have a meaningful market cap (₹759M)



Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Videocon Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: VIDEOIND's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

VIDEOIND

-2.3%

IN Consumer Durables

-0.4%

IN Market


1 Year Return

2.3%

VIDEOIND

34.8%

IN Consumer Durables

11.1%

IN Market

Return vs Industry: VIDEOIND underperformed the Indian Consumer Durables industry which returned 34.8% over the past year.

Return vs Market: VIDEOIND underperformed the Indian Market which returned 11.1% over the past year.


Shareholder returns

VIDEOINDIndustryMarket
7 Day0%-2.3%-0.4%
30 Day-28.6%6.5%-1.2%
90 Day55.2%11.3%3.3%
1 Year2.3%2.3%35.7%34.8%13.0%11.1%
3 Year-97.8%-97.8%49.1%46.8%25.3%18.6%
5 Year-98.6%-98.6%97.3%92.6%35.4%23.1%

Price Volatility Vs. Market

How volatile is Videocon Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Videocon Industries undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Videocon Industries is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Videocon Industries has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of VIDEOIND’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Videocon Industries regulatory filings.
  • Explore potentially undervalued companies in the Consumer Durables industry.

Future Growth

How is Videocon Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.9%

Forecasted Consumer Durables 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 Videocon Industries 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.


Next Steps

Past Performance

How has Videocon Industries performed over the past 5 years?

-57.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VIDEOIND is currently unprofitable.

Growing Profit Margin: VIDEOIND is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: VIDEOIND is unprofitable, and losses have increased over the past 5 years at a rate of -57.4% per year.

Accelerating Growth: Unable to compare VIDEOIND's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: VIDEOIND is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (13.9%).


Return on Equity

High ROE: VIDEOIND's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Videocon Industries's financial position?


Financial Position Analysis

Short Term Liabilities: VIDEOIND has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: VIDEOIND has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: VIDEOIND has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: VIDEOIND's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: VIDEOIND has a low level of unsold assets or inventory.

Debt Coverage by Assets: VIDEOIND has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if VIDEOIND has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if VIDEOIND has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Videocon Industries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%0.6%markettop25%2.5%industryaverage0.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate VIDEOIND's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate VIDEOIND's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if VIDEOIND's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if VIDEOIND's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: VIDEOIND is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of VIDEOIND's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

1.0yrs

Average management tenure


CEO

Venugopal Dhoot (68yo)

14.4yrs

Tenure

0

Mr. Venugopal Nandlal Dhoot is a Co-Owner of Goan Football Club Pvt. Ltd. Mr. Dhoot serves as the Chairman of Videocon Industries Ltd. and has been its Managing Director since September 1, 2005 and also se ...


Leadership Team

NamePositionTenureCompensationOwnership
Chandrakant Jyoti
Chief Operating Officer1.2yrsno datano data
Venugopal Dhoot
Chairman14.4yrsno data0.027% 203.3k
Anil Modani
President0yrsno datano data
Rajneesh Gupta
Chief Financial Officer0.8yrsno datano data
Akshay Dhoot
Head of Technology and Innovation0yrsno data0.016% 123.1k
Samridhi Kumari
Company Secretary & Compliance Officer0.8yrsno datano data
Sunil Tandon
Chief Marketing Officer0yrsno datano data
Chandramani Singh
Chief Operating Officer of Sales0yrs₹15.00mno data
Sanjeev Bakshi
Division Chief Operating Officer and Vice President0yrs₹7.86mno data
Rash Gargieya
Senior Vice President0yrs₹6.85mno data

1.0yrs

Average Tenure

56yo

Average Age

Experienced Management: VIDEOIND's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


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

Videocon Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Videocon Industries Limited
  • Ticker: VIDEOIND
  • Exchange: NSEI
  • Founded: 1986
  • Industry: Consumer Electronics
  • Sector: Consumer Durables
  • Market Cap: ₹759.222m
  • Shares outstanding: 334.46m
  • Website: https://videoconindustriesltd.com

Location

  • Videocon Industries Limited
  • 14 KM Stone, Aurangabad- Paithan Road
  • Village Chittegaon
  • Aurangabad
  • Maharashtra
  • 431105
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
511389BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 1996
VIDEOINDNSEI (National Stock Exchange of India)YesEquity SharesININRMay 1996

Biography

Videocon Industries Limited manufactures and distributes a range of consumer durables in India and internationally. The company operates through Consumer Electronics and Home Appliances, Crude Oil and Natural Gas, and Telecommunication segments. It offers televisions, refrigerators, washing machines, and air conditioners. The company also engages in the exploration and production of crude oil and natural gas. Videocon Industries Limited was incorporated in 1986 and is based in Aurangabad, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/16 12:53
End of Day Share Price2020/02/14 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.