| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
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
| Historical stock prices | |
|---|---|
| Current Share Price | ₹1,918.95 |
| 52 Week High | ₹3,746.00 |
| 52 Week Low | ₹1,772.95 |
| Beta | 0.96 |
| 1 Month Change | -2.50% |
| 3 Month Change | -10.43% |
| 1 Year Change | -46.48% |
| 3 Year Change | 16.06% |
| 5 Year Change | -16.52% |
| Change since IPO | 5,220.56% |
Recent News & Updates
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...
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
| VENKEYS | IN Food | IN Market | |
|---|---|---|---|
| 7D | 3.9% | 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
| VENKEYS volatility | |
|---|---|
| VENKEYS Average Weekly Movement | 4.3% |
| Food Industry Average Movement | 7.6% |
| Market Average Movement | 7.0% |
| 10% most volatile stocks in IN Market | 9.9% |
| 10% least volatile stocks in IN Market | 4.5% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1976 | 5,346 | B. Rao | https://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
| VENKEYS fundamental statistics | |
|---|---|
| Market Cap | ₹27.02b |
| Earnings (TTM) | ₹1.65b |
| Revenue (TTM) | ₹44.00b |
16.4x
P/E Ratio0.6x
P/S RatioIs VENKEYS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 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 Margin | 18.52% |
| Net Profit Margin | 3.74% |
| Debt/Equity Ratio | 15.4% |
How did VENKEYS perform over the long term?
See historical performance and comparisonDividends
0.7%
Current Dividend Yield11%
Payout RatioValuation
Is VENKEYS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation 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.
| What is VENKEYS's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | ₹27.02b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.6x |
| Enterprise Value/EBITDA | 10.9x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does VENKEYS's PE Ratio compare to its peers?
| VENKEYS PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 18.4x | ||
532783 LT Foods | 8.4x | 22.3% | ₹24.7b |
500097 Dalmia Bharat Sugar and Industries | 8.9x | 18.5% | ₹26.5b |
500041 Bannari Amman Sugars | 34.4x | n/a | ₹27.5b |
543306 Dodla Dairy | 21.8x | 14.5% | ₹29.0b |
VENKEYS Venky's (India) | 16.4x | n/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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 16.4x |
| Fair PE Ratio | n/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
0/6Future 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.
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- 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
2/6Past 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
5/6Financial 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
3/6Dividend 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/29 00:00 |
| End of Day Share Price | 2022/06/29 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2022/03/31 |
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.