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Last Updated on: 23 April, 2024|Author: Getaka | Social: X Twitter Profile
Stock Ticker - BSE: 540205 | NSE: AVL

Fundamental Analysis of Aditya Vision Ltd

Basic Stock Data

Last Updated: April 23, 2024, 1:34 pm

Market Cap 4,266 Cr.
Current Price 3,328
High / Low3,998/1,255
Stock P/E56.1
Book Value 148
Dividend Yield0.23 %
ROCE25.2 %
ROE59.6 %
Face Value 10.0

Data Source: screener.in

Competitors of Aditya Vision Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Bhatia Communications & Retail (India) Ltd 282 Cr. 22.638.9/13.124.8 4.840.22 %20.1 %16.8 % 1.00
Industry Average282.00 Cr22.6024.804.840.22%20.10%16.80%1.00

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales247213194182263260439260318306641313413
Expenses239174178171236232393237282278578290370
Operating Profit8391612272945233629632343
OPM %3%18%8%6%10%11%10%9%11%9%10%7%11%
Other Income8-1900010102121
Interest4-13141875711967
Depreciation1114454565678
Profit before tax112012720634142414491229
Tax %26%14%20%44%20%-32%21%21%18%52%24%22%24%
Net Profit8171041682611207371022
EPS in Rs7.0514.308.183.4813.456.8322.029.4416.235.6431.118.0118.43

Last Updated: April 10, 2024, 5:42 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: April 5, 2024, 7:52 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales691001251792403624445647977488991,3221,674
Expenses68981231772373574375477726958161,1891,515
Operating Profit122235717255383133158
OPM %2%2%1%1%1%1%2%3%3%7%9%10%9%
Other Income0000001094136
Interest111112271417253034
Depreciation00000112213162026
Profit before tax1112234919274386105
Tax %32%30%31%33%33%33%33%33%25%25%18%25%
Net Profit011112361420356476
EPS in Rs344.00256.00292.00452.001.141.211.974.089.9417.0029.3353.3263.19
Dividend Payout %0%0%0%0%0%0%0%12%25%29%20%14%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)0.00%0.00%0.00%100.00%50.00%100.00%133.33%42.86%75.00%82.86%
Change in YoY Net Profit Growth (%)0.00%0.00%0.00%100.00%-50.00%50.00%33.33%-90.48%32.14%7.86%

Growth

Compounded Sales Growth
10 Years:29%
5 Years:24%
3 Years:18%
TTM:31%
Compounded Profit Growth
10 Years:59%
5 Years:87%
3 Years:66%
TTM:16%
Stock Price CAGR
10 Years:%
5 Years:130%
3 Years:147%
1 Year:139%
Return on Equity
10 Years:45%
5 Years:51%
3 Years:55%
Last Year:60%

Last Updated: April 17, 2024, 10:22 am

Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital1222101414141412121212
Reserves245604612253767124166
Borrowings77913935482834198282418401
Other Liabilities2291215131562190144616371
Total Liabilities13162634346684116263391421618650
Fixed Assets112559131521130150183214
CWIP0000000000086
Investments1122000000000
Other Assets11142227305670101242261271427430
Total Assets13162634346684116263391421618650

Reserves and Borrowings Chart

Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 0-12446845383218
Cash from Investing Activity -0-1-2-3-1-5-5-3-6-33-23-84
Cash from Financing Activity 0213-381-332-869
Net Cash Flow0114194-12602

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow-6.00-5.00-7.00-11.00-6.00-30.00-41.00-11.00-9.00-145.00-199.00-285.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days020110000000
Inventory Days59475943404636539410910196
Days Payable13821132212114294742818
Cash Conversion Cycle46413831183424110357479
Working Capital Days433935281832331617457181
ROCE %14%11%12%14%12%10%26%51%28%23%25%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters73.30%73.68%73.68%73.68%73.68%73.72%69.88%68.14%67.59%67.59%61.19%61.19%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.54%0.54%0.56%0.57%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.09%0.11%0.13%4.60%6.64%
Public26.70%26.32%26.32%26.32%26.32%26.28%30.12%31.77%31.74%31.73%33.65%31.60%
No. of Shareholders2821,2774,7533,6683,6853,3385,0206,5886,5967,0939,37610,502

Shareholding Pattern Chart

No. of Shareholders

Aditya Vision Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
HDFC Small Cap Fund - Regular Plan6609170.9258.52
Mahindra Manulife Multi Cap Fund895001.1935.01
HSBC Balanced Advantage Fund250000.79.78
Mahindra Manulife Balanced Advantage Fund173001.016.77
Mahindra Manulife Aggressive Hybrid Fund112720.444.41
HSBC Equity Savings Fund97501.723.81
Mahindra Manulife Equity Savings Fund81000.713.17
Mahindra Manulife Consumption Fund70152.022.74
Mahindra Manulife Large Cap Fund33660.371.32
HSBC Conservative Hybrid Fund32501.021.14

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)53.3229.3320.519.944.09
Diluted EPS (Rs.)53.3229.3320.519.944.09
Cash EPS (Rs.)70.3142.6822.4111.365.18
Book Value[Excl.RevalReserv]/Share (Rs.)113.3065.4247.2527.8718.55
Book Value[Incl.RevalReserv]/Share (Rs.)113.3065.4247.2527.8718.55
Dividend / Share (Rs.)7.506.005.002.500.51
Revenue From Operations / Share (Rs.)1099.25747.49621.85564.81399.46
PBDIT / Share (Rs.)113.0070.2636.0024.3312.34
PBIT / Share (Rs.)96.0256.9134.1022.9111.24
PBT / Share (Rs.)71.4935.8727.4113.286.12
Net Profit / Share (Rs.)53.3329.3320.519.944.09
PBDIT Margin (%)10.279.405.784.303.08
PBIT Margin (%)8.737.615.484.052.81
PBT Margin (%)6.504.794.402.351.53
Net Profit Margin (%)4.853.923.291.751.02
Return on Networth / Equity (%)47.0644.8343.4135.6422.02
Return on Capital Employeed (%)39.6233.5060.0969.0852.30
Return On Assets (%)10.388.268.735.334.96
Long Term Debt / Equity (X)0.130.170.180.150.11
Total Debt / Equity (X)1.991.461.480.852.29
Asset Turnover Ratio (%)2.532.532.744.215.64
Current Ratio (X)1.111.231.201.121.17
Quick Ratio (X)0.200.290.280.260.31
Dividend Payout Ratio (NP) (%)11.2517.0412.186.180.00
Dividend Payout Ratio (CP) (%)8.5311.7111.155.410.00
Earning Retention Ratio (%)88.7582.9687.8293.820.00
Cash Earning Retention Ratio (%)91.4788.2988.8594.590.00
Interest Coverage Ratio (X)4.613.345.382.532.41
Interest Coverage Ratio (Post Tax) (X)3.172.394.072.031.80
Enterprise Value (Cr.)2127.50953.85281.0441.97119.80
EV / Net Operating Revenue (X)1.611.060.370.050.21
EV / EBITDA (X)15.6511.296.491.226.88
MarketCap / Net Operating Revenue (X)1.410.960.290.030.13
Retention Ratios (%)88.7482.9587.8193.810.00
Price / BV (X)13.6511.033.860.612.84
Price / Net Operating Revenue (X)1.410.960.290.030.13
EarningsYield0.030.040.110.570.07

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 4959.85

The stock is undervalued by 49.03% compared to the current price ₹3328

Calculation basis:

  • Fair value = (P/E Ratio * (Return on Equity / 100) * Book Value) * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 18.83%, which is a positive sign.
  2. The company has shown consistent growth in sales (348.38 cr) and profit (23.31 cr) over the years.
  1. The stock has a high average Working Capital Days of 38.17, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 35.92, which may not be favorable.
  3. The company has higher borrowings (114.54) compared to reserves (35.23), which may suggest financial risk.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Aditya Vision Ltd:
    1. Net Profit Margin: 4.85%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 39.62% (Industry Average ROCE: 20.1%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 47.06% (Industry Average ROE: 16.8%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 3.17
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.20
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 56.1 (Industry average Stock P/E: 24.8)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 1.99
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating: ★★★︎☆☆

About the Company

Aditya Vision Ltd. is a Public Limited Listed company incorporated on 31/03/1999 and has its registered office in the State of Bihar, India. Company’s Corporate Identification Number(CIN) is L32109BR1999PLC008783 and registration number is 008783. Currently company belongs to the Industry of Retail - Speciality - Non Apparel. Company’s Total Operating Revenue is Rs. 899.12 Cr. and Equity Capital is Rs. 12.03 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Retail - Speciality - Non Apparel1st, 2nd & 3rd Floor, Aditya House, Patna Bihar 800001cs@adityavision.in
http://www.adityavision.in
Management
NamePosition Held
Mr. Yashovardhan SinhaChairman & Managing Director
Mr. Nishant PrabhakarWhole Time Director
Mrs. Yosham VardhanWhole Time Director
Mrs. Sunita SinhaNon Executive Director
Mr. Atul SinhaIndependent Director
Mr. Rahul KumarIndependent Director
Mr. Ravinder ZutshiIndependent Director
Mr. Nusrat Syed HassanIndependent Director
Mrs. Apeksha AgiwalIndependent Director

Aditya Vision Ltd. Share Price Update

Share PriceValue
Today₹3,350.00
Previous Day₹3,320.10

FAQ

What is the latest fair value of Aditya Vision Ltd?

The latest fair value of Aditya Vision Ltd is ₹4959.85.

What is the Market Cap of Aditya Vision Ltd?

The Market Cap of Aditya Vision Ltd is 4,266 Cr..

What is the current Stock Price of Aditya Vision Ltd as on 23 April 2024?

The current stock price of Aditya Vision Ltd as on 23 April 2024 is 3,328.

What is the High / Low of Aditya Vision Ltd stocks in FY 2024?

In FY 2024, the High / Low of Aditya Vision Ltd stocks is ₹3,998/1,255.

What is the Stock P/E of Aditya Vision Ltd?

The Stock P/E of Aditya Vision Ltd is 56.1.

What is the Book Value of Aditya Vision Ltd?

The Book Value of Aditya Vision Ltd is 148.

What is the Dividend Yield of Aditya Vision Ltd?

The Dividend Yield of Aditya Vision Ltd is 0.23 %.

What is the ROCE of Aditya Vision Ltd?

The ROCE of Aditya Vision Ltd is 25.2 %.

What is the ROE of Aditya Vision Ltd?

The ROE of Aditya Vision Ltd is 59.6 %.

What is the Face Value of Aditya Vision Ltd?

The Face Value of Aditya Vision Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Aditya Vision Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE