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VENK

Venky's (India) NSEI:VENKEYS Stock Report

Last Price

₹1.92k

Market Cap

₹27.0b

7D

3.9%

1Y

-46.5%

Updated

29 Jun, 2022

Data

Company Financials
VENKEYS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends3/6

VENKEYS Stock Overview

Venky's (India) Limited engages in the production and sale of poultry products in India.

Venky's (India) Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Venky's (India)
Historical stock prices
Current Share Price₹1,918.95
52 Week High₹3,746.00
52 Week Low₹1,772.95
Beta0.96
1 Month Change-2.50%
3 Month Change-10.43%
1 Year Change-46.48%
3 Year Change16.06%
5 Year Change-16.52%
Change since IPO5,220.56%

Recent News & Updates

May 12
Venky's (India) (NSE:VENKEYS) Has A Pretty Healthy Balance Sheet

Venky's (India) (NSE:VENKEYS) Has A Pretty Healthy Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Jan 13
We Think Venky's (India) (NSE:VENKEYS) Can Stay On Top Of Its Debt

We Think Venky's (India) (NSE:VENKEYS) Can Stay On Top Of Its Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

VENKEYSIN FoodIN Market
7D3.9%3.2%3.0%
1Y-46.5%-6.1%0.3%

Return vs Industry: VENKEYS underperformed the Indian Food industry which returned -5.8% over the past year.

Return vs Market: VENKEYS underperformed the Indian Market which returned 0.6% over the past year.

Price Volatility

Is VENKEYS's price volatile compared to industry and market?
VENKEYS volatility
VENKEYS Average Weekly Movement4.3%
Food Industry Average Movement7.6%
Market Average Movement7.0%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.5%

Stable Share Price: VENKEYS is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: VENKEYS's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19765,346B. Raohttps://www.venkys.com

Venky's (India) Limited engages in the production and sale of poultry products in India. It operates through three segments: Poultry and Poultry Products, Animal Health Products, and Oilseed. The Poultry and Poultry Products segment produces and sells day old broiler and layer chicks, specific pathogen free eggs, processed chicken products, poultry feeds, and other miscellaneous poultry products.

Venky's (India) Fundamentals Summary

How do Venky's (India)'s earnings and revenue compare to its market cap?
VENKEYS fundamental statistics
Market Cap₹27.02b
Earnings (TTM)₹1.65b
Revenue (TTM)₹44.00b

16.4x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VENKEYS income statement (TTM)
Revenue₹44.00b
Cost of Revenue₹35.86b
Gross Profit₹8.15b
Other Expenses₹6.50b
Earnings₹1.65b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)116.97
Gross Margin18.52%
Net Profit Margin3.74%
Debt/Equity Ratio15.4%

How did VENKEYS perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

11%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is VENKEYS 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 VENKEYS?

Other financial metrics that can be useful for relative valuation.

VENKEYS 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/Revenue0.6x
Enterprise Value/EBITDA10.9x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

VENKEYS PE Ratio vs Peers
The above table shows the PE ratio for VENKEYS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average18.4x
532783 LT Foods
8.4x22.3%₹24.7b
500097 Dalmia Bharat Sugar and Industries
8.9x18.5%₹26.5b
500041 Bannari Amman Sugars
34.4xn/a₹27.5b
543306 Dodla Dairy
21.8x14.5%₹29.0b
VENKEYS Venky's (India)
16.4xn/a₹27.0b

Price-To-Earnings vs Peers: VENKEYS is good value based on its Price-To-Earnings Ratio (16.4x) compared to the peer average (18.4x).


Price to Earnings Ratio vs Industry

How does VENKEYS's PE Ratio compare vs other companies in the IN Food Industry?

Price-To-Earnings vs Industry: VENKEYS is good value based on its Price-To-Earnings Ratio (16.4x) compared to the Indian Food industry average (22.9x)


Price to Earnings Ratio vs Fair Ratio

What is VENKEYS'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.

VENKEYS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.4x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: VENKEYS (₹1918.95) is trading above our estimate of fair value (₹253.23)

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


Price to Earnings Growth Ratio

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


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Future Growth

How is Venky's (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


18.7%

Forecasted Food, Beverage & Tobacco 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 Venky's (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.


Discover growth companies

  • Examine Venky's (India)'s financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Venky's (India) competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Venky's (India) performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


0.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: VENKEYS has high quality earnings.

Growing Profit Margin: VENKEYS's current net profit margins (3.7%) are lower than last year (8.6%).


Past Earnings Growth Analysis

Earnings Trend: VENKEYS's earnings have grown by 0.1% per year over the past 5 years.

Accelerating Growth: VENKEYS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: VENKEYS had negative earnings growth (-38.5%) over the past year, making it difficult to compare to the Food industry average (12.1%).


Return on Equity

High ROE: VENKEYS's Return on Equity (13.2%) is considered low.


Discover strong past performing companies

Financial Health

How is Venky's (India)'s financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: VENKEYS's short term assets (₹12.8B) exceed its short term liabilities (₹6.4B).

Long Term Liabilities: VENKEYS's short term assets (₹12.8B) exceed its long term liabilities (₹563.4M).


Debt to Equity History and Analysis

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

Reducing Debt: VENKEYS's debt to equity ratio has reduced from 102.4% to 15.4% over the past 5 years.

Debt Coverage: VENKEYS's debt is not well covered by operating cash flow (2.6%).

Interest Coverage: VENKEYS's interest payments on its debt are well covered by EBIT (11.8x coverage).


Balance Sheet


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Dividend

What is Venky's (India) current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.68%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: VENKEYS's dividend (0.68%) is higher than the bottom 25% of dividend payers in the Indian market (0.43%).

High Dividend: VENKEYS's dividend (0.68%) is low compared to the top 25% of dividend payers in the Indian market (1.85%).


Stability and Growth of Payments

Stable Dividend: VENKEYS's dividend payments have been volatile in the past 10 years.

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


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (11.1%), VENKEYS's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: VENKEYS is paying a dividend but the company has no free cash flows.


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Management

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

5.2yrs

Average management tenure


CEO

B. Rao (48 yo)

25.42yrs

Tenure

₹3,481,000

Compensation

Mr. B. Balaji Rao has been the Managing Director of Venky's (India) Limited since 1997. Mr. Rao has been an Executive Director of Venky's (India) Limited since 1995. Under his dynamic leadership Venkys (In...


CEO Compensation Analysis

Compensation vs Market: B.'s total compensation ($USD44.06K) is below average for companies of similar size in the Indian market ($USD260.10K).

Compensation vs Earnings: B.'s compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: VENKEYS's management team is seasoned and experienced (5.2 years average tenure).


Board Members

Experienced Board: VENKEYS's board of directors are seasoned and experienced ( 12.5 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

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


Key Information

  • Name: Venky's (India) Limited
  • Ticker: VENKEYS
  • Exchange: NSEI
  • Founded: 1976
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: ₹27.020b
  • Shares outstanding: 14.09m
  • Website: https://www.venkys.com

Number of Employees


Location

  • Venky's (India) Limited
  • Venkateshwara House
  • S.No. 114/A/2
  • Pune
  • Maharashtra
  • 411030
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/29 00:00
End of Day Share Price2022/06/29 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.