Among one of the largest players in the Textiles Industry. Able to grow their revenue from 700 Cr to 7000 Cr and profits from 25 Cr to 700 Cr during the last 2 decades. One of the Topmost profit-making textile companies of India along with a long history of Profit-making and Dividend giving consistently for more than 2 decades. Very few companies can do this from Textile as this sector has not grown for a long time. Able to maintain one of the highest margins in the industry with the best Industry R-O-E for a long time. The debt of 1400 Cr is there but again it is lowest among other peers. We have been recommending KPR Mill, VTL & GarwalRopes from this segment for a long time. Investment of 1 Lakh should be 40x along with 2X investment refund via dividends during the last 2 decades. Many people have held this company from 400 during 2014 and still no need to worry. Our target as per the 310% pot sheet was 1636. VTL rallied from 400 to 1560 and is currently in a downward correction.
H1 revenue has fallen by (-26%) de-growth while profits has also fallen by (-21%) which were in line with Q1 sales. New Buying again can be done at 605 and should expect a Multi-year rally here and can hold it for long term wealth creation as well as short term 2-3 year pending target of 1636. Strong 62% Promoter Holding along with Mutual Fund companies hold around a strong 19% stake while FPI holds around 8% stake. Only 7% of Indian retail investors are in such a good company. Just during June last year HDFC MF added around 1.16 lakh shares near 1100, our buying near 605 could be a better opportunity than even HDFC MF.
VTL | Price | Marketcap | ||||||||||||||||||
cmp | 828 | 4753 | ||||||||||||||||||
in cr | ||||||||||||||||||||
Gr Estimate | Total Income | Net Profit | EPS | Buy | Target | H1 | 2019-20 | 2018-19 | GROWTH | |||||||||||
2030 | 192,227 | 18,980 | 328 | 2,626 | REVENUE | 24427 | 33104 | -26% | ||||||||||||
2025 | 113,783 | 10,591 | 183 | 1,465 | EXP | -25417 | -30432 | -16% | ||||||||||||
2021 | 74,797 | 6,641 | 115 | 919 | FIN | -2640 | -2970 | -11% | ||||||||||||
PROFIT | 4422 | 5597 | -21% | |||||||||||||||||
Gr Estimate | Total Income | Net Profit | EPS | EPS | 76.44 | 97.68 | -22% | |||||||||||||
Long Term | 11% | 12% | 12% | MARGIN | 18.10 | 16.91 | 7% | |||||||||||||
CYear | -15% | -15% | -15% | ICR | -0.4 | 0.9 | -142% | |||||||||||||
Growth | Total Income | Expenditure | Interest | PBDT | Net Profit | Equity | EPS | NPM % | Reserves | ROE | ICR | High Price | Low Price | Intrinsic value | Dividend | |||||
CY GR% | -26% | -16% | -11% | -21% | -21% | 18.1 | -0.4 | Average PE | 9 | 5 | ||||||||||
10 Year | 9% | 11% | 5% | -1% | 11% | 0% | 11% | 9.8 | 16% | 8.6 | 8.1 | 15% | 29% | 10 | 5 | |||||
CAGR GR% | 13% | 14% | 8% | 9% | 17% | 5% | 17% | 3% | 17% | 11% | 1% | 16% | 19% | 10 | 5 | 113 | 13% | |||
Year | Total Income | Expenditure | Interest | PBDT | Net Profit | Equity | EPS | NPM % | Reserves | ROE | ICR | High Price | Low Price | High PE | Low PE | ROI | Dividend | Dividend % | ||
2020 | 67350 | -62662 | -1353 | 4688 | 5910 | 565 | 102.2 | 8.8 | 59886 | 10 | 3 | 1155 | 601 | 11 | 6 | 12 | 17.5 | 17 | ||
2019 | 71,006 | -54,009 | -1,178 | 12,319 | 7,405 | 575 | 129 | 11 | 52,391 | 13 | 10 | 1425 | 922 | 11 | 7 | 11 | 18 | 14 | ||
2018 | 60,364 | -51,071 | -1,143 | 9,293 | 5,458 | 574 | 96 | 9 | 46,319 | 10 | 8 | 1565 | 1129 | 16 | 12 | 7 | 15 | 16 | ||
2017 | 62,959 | -46,616 | -918 | 16,343 | 10,016 | 559 | 164 | 17 | 18 | 18 | 1440 | 770 | 9 | 5 | 15 | 15 | 9 | |||
2016 | 58,145 | -45,010 | -869 | 12,266 | 6,531 | 637 | 103 | 12 | 10 | 14 | 990 | 541 | 10 | 5 | 13 | 10 | 10 | |||
2015 | 59,001 | -48,005 | -1,215 | 9,781 | 3,591 | 637 | 56 | 6 | 6 | 8 | 567 | 324 | 10 | 6 | 13 | 6 | 11 | |||
2014 | 52,359 | -39,106 | -1,518 | 11,735 | 6,519 | 637 | 102 | 12 | 27,847 | 10 | 8 | 410 | 241 | 4 | 2 | 31 | 6 | 6 | ||
2013 | 42,146 | -33,316 | -1,744 | 7,087 | 3,237 | 637 | 51 | 8 | 22,129 | 5 | 4 | 291 | 197 | 6 | 4 | 21 | 5 | 9 | ||
2012 | 39,786 | -34,252 | -1,732 | 3,801 | 1,097 | 637 | 19 | 3 | 19,324 | 2 | 2 | 299 | 155 | 16 | 8 | 8 | 5 | 24 | ||
Arrangement | 2011 | 36,588 | -27,141 | -1,098 | 8,349 | 4,697 | 637 | 81 | 13 | 18,546 | 7 | 8 | 377 | 242 | 5 | 3 | 26 | 3 | 4 | |
2010 | 27,771 | -21,825 | -867 | 5,079 | 2,138 | 578 | 37 | 8 | 1,398 | 4 | 6 | 290 | 48 | 8 | 1 | 22 | 2 | 5 | ||
2009 | 24,872 | -21,158 | -1,023 | 2,690 | 1,408 | 578 | 24 | 6 | 12,150 | 2 | 3 | 139 | 43 | 6 | 2 | 27 | 4 | 16 | ||
2008 | 23,275 | -19,401 | -639 | 3,235 | 1,225 | 578 | 21 | 5 | 11,144 | 2 | 5 | 209 | 91 | 10 | 4 | 14 | 4 | 20 | ||
2007 | 21,217 | -17,388 | -377 | 3,452 | 1,71 |