Chrome Silicon Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 1:12 am

Market Cap	101 Cr.
Current Price	61.4
High / Low	61.4/32.2
Stock P/E
Book Value	63.7
Dividend Yield	0.00 %
ROCE	16.2 %
ROE	21.6 %
Face Value	10.0
PEG Ratio	0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for

Competitors of

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Nagpur Power & Industries Ltd	189 Cr.	144	190/83.0	82.3	66.6	0.00 %	0.03 %	2.08 %	10.0
Facor Alloys Ltd	108 Cr.	5.50	12.2/5.40		6.79	0.00 %	11.8 %	8.52 %	1.00
Chrome Silicon Ltd	101 Cr.	61.4	61.4/32.2		63.7	0.00 %	16.2 %	21.6 %	10.0
Shyam Century Ferrous Ltd	290 Cr.	13.7	32.4/13.1		7.70	0.00 %	0.98 %	0.45 %	1.00
Maithan Alloys Ltd	3,411 Cr.	1,172	1,359/955	4.13	1,280	0.51 %	11.7 %	9.06 %	10.0
Industry Average	1,484.67 Cr	327.21		32.71	270.26	0.31%	10.75%	10.00%	7.43

All Competitor Stocks of

Quarterly Result

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	0.33	0.09	13.52	78.52	55.71	35.98	37.44	46.54	10.08	13.39	29.11	37.23	35.09
Expenses	0.50	0.29	11.49	82.73	50.20	35.14	43.91	45.41	8.54	11.69	27.24	62.14	41.04
Operating Profit	-0.17	-0.20	2.03	-4.21	5.51	0.84	-6.47	1.13	1.54	1.70	1.87	-24.91	-5.95
OPM %	-51.52%	-222.22%	15.01%	-5.36%	9.89%	2.33%	-17.28%	2.43%	15.28%	12.70%	6.42%	-66.91%	-16.96%
Other Income	-0.00	0.19	0.02	4.44	0.77	1.10	2.41	2.57	0.42	0.16	0.03	26.82	1.16
Interest	0.01	0.01	0.08	0.01	0.04	0.01	0.01	0.01	0.01	0.02	0.01	0.01	0.03
Depreciation	1.60	1.60	1.60	1.62	1.78	1.78	1.78	1.78	1.79	1.79	1.79	1.80	1.75
Profit before tax	-1.78	-1.62	0.37	-1.40	4.46	0.15	-5.85	1.91	0.16	0.05	0.10	0.10	-6.57
Tax %	-0.00%	-0.00%	-0.00%	2.86%	16.59%	13.33%	-9.06%	-120.42%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%
Net Profit	-1.79	-1.63	0.36	-1.43	3.72	0.12	-5.32	4.21	0.16	0.05	0.10	0.10	-6.57
EPS in Rs	-1.09	-0.99	0.22	-0.87	2.27	0.07	-3.25	2.57	0.10	0.03	0.06	0.06	-4.01

Last Updated: October 7, 2024, 8:22 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 23, 2024, 2:50 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	29	13	0	0	0	0	4	42	2	92	176	90	115
Expenses	37	28	4	0	9	5	11	55	60	90	175	109	142
Operating Profit	-8	-15	-4	-0	-9	-5	-7	-12	-58	2	1	-19	-27
OPM %	-29%	-123%					-169%	-29%	-3,320%	2%	1%	-22%	-24%
Other Income	1	1	2	0	12	-13	-135	-2	20	5	7	27	28
Interest	3	5	5	4	3	3	2	1	1	0	0	0	0
Depreciation	1	1	1	1	1	1	6	7	7	6	7	7	7
Profit before tax	-11	-20	-8	-5	-1	-22	-150	-22	-46	0	1	0	-6
Tax %	3%	-1%	-8%	0%	0%	0%	0%	1%	0%	17%	-314%	0%
Net Profit	-12	-20	-7	-5	-1	-22	-150	-22	-46	0	3	0	-6
EPS in Rs	-26.72	-44.72	-16.32	-11.97	-2.48	-49.65	-123.19	-13.68	-27.82	0.12	1.67	0.26	-3.86
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2023-2024
YoY Net Profit Growth (%)	-66.67%	65.00%	28.57%	80.00%	-2100.00%	-581.82%	85.33%	-109.09%	100.00%	-100.00%
Change in YoY Net Profit Growth (%)	0.00%	131.67%	-36.43%	51.43%	-2180.00%	1518.18%	667.15%	-194.42%	209.09%	-200.00%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	22%
5 Years:	85%
3 Years:	271%
TTM:	4%

Compounded Profit Growth
10 Years:	-3%
5 Years:	%
3 Years:	17%
TTM:	-3653%

Stock Price CAGR
10 Years:	-2%
5 Years:	25%
3 Years:	53%
1 Year:	49%

Return on Equity
10 Years:	-12%
5 Years:	-17%
3 Years:	-7%
Last Year:	-22%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 1:59 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	4	4	4	4	4	4	12	16	16	16	16	16	16
Reserves	135	115	107	102	104	83	162	145	99	99	102	97	88
Borrowings	44	40	37	39	33	43	19	17	18	24	51	22	19
Other Liabilities	52	46	50	55	50	65	64	92	111	120	99	97	116
Total Liabilities	236	206	199	200	191	196	257	271	244	260	269	232	240
Fixed Assets	15	14	12	12	9	7	193	178	138	143	136	129	126
CWIP	12	12	12	12	13	14	16	17	19	0	0	3	7
Investments	158	158	155	155	158	159	16	16	16	16	16	14	14
Other Assets	52	23	20	21	12	16	32	60	71	102	117	86	93
Total Assets	236	206	199	200	191	196	257	271	244	260	269	232	240

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	3	-2	-0	-2	-3	-15	-16	-12	-51	-17	-28	-28
Cash from Investing Activity +	-5	1	2	-0	11	7	-3	5	51	12	-0	54
Cash from Financing Activity +	3	-4	-3	3	-9	8	19	7	0	7	27	-26
Net Cash Flow	2	-5	-1	1	-0	0	0	-0	0	2	-2	0

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-52.00	-55.00	-41.00	-39.00	-42.00	-48.00	-26.00	-29.00	-76.00	-22.00	-50.00	-41.00

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

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	20	23					198	11	0	9	15	4
Inventory Days	733	708	5,765		191			148	6,089	228	122	775
Days Payable	1,332	864	8,495		860			546	57,029	415	172	357
Cash Conversion Cycle	-579	-133					198	-387	-50,940	-178	-36	422
Working Capital Days	-297	-715					160	22	-11,201	-61	18	131
ROCE %	-4%	-9%	-2%	-1%	-5%	-4%	-3%	-10%	-42%	-3%	0%	-16%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	40.36%	40.36%	40.36%	40.36%	40.36%	40.36%	40.36%	40.36%	40.36%	40.36%	40.36%	40.36%
DIIs	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Government	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%
Public	59.60%	59.60%	59.60%	59.61%	59.60%	59.60%	59.61%	59.60%	59.60%	59.60%	59.60%	59.59%
No. of Shareholders	6,709	6,761	6,711	6,651	6,582	6,533	6,486	6,436	6,450	6,582	6,634	6,669

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 18	Mar 17	Mar 16
FaceValue	10.00	10.00	10.00
Basic EPS (Rs.)	-49.66	-2.48	-11.95
Diluted EPS (Rs.)	-49.66	-2.48	-11.95
Cash EPS (Rs.)	-48.32	-1.20	-10.68
Book Value[Excl.RevalReserv]/Share (Rs.)	-125.87	-79.03	-83.02
Book Value[Incl.RevalReserv]/Share (Rs.)	-125.87	-79.03	-83.02
PBDIT / Share (Rs.)	7.22	5.03	-0.77
PBIT / Share (Rs.)	5.89	3.75	-2.06
PBT / Share (Rs.)	-49.65	-2.48	-11.96
Net Profit / Share (Rs.)	-49.65	-2.48	-11.96
NP After MI And SOA / Share (Rs.)	-49.65	-2.48	-11.96
Return on Capital Employeed (%)	-15.18	140.29	34.78
Return On Assets (%)	-40.95	-2.25	-9.18
Long Term Debt / Equity (X)	-0.63	-0.94	-0.83
Total Debt / Equity (X)	-0.78	-0.94	-1.07
Current Ratio (X)	0.22	0.26	0.27
Quick Ratio (X)	0.14	0.16	0.04
Inventory Turnover Ratio (X)	0.00	0.97	0.00
Interest Coverage Ratio (X)	1.04	0.80	-0.07
Interest Coverage Ratio (Post Tax) (X)	0.84	0.60	-0.20
Enterprise Value (Cr.)	58.42	54.23	59.86
EV / EBITDA (X)	18.41	24.53	-175.18
Price / BV (X)	-0.29	-0.65	-0.60
EarningsYield	-1.34	-0.04	-0.23

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 22, 2024 is: 210.52

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.

As of December 22, 2024, is Undervalued by 242.87% compared to the current share price 61.40

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of as of December 22, 2024 is: 400.63

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
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.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 22, 2024, is Undervalued by 552.49% compared to the current share price 61.40

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: 90.30%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of -62.75, which is a positive sign. The stock has a low average Cash Conversion Cycle of -61.92, which is a positive sign. The company has higher reserves (110.62 cr) compared to borrowings (31.23 cr), indicating strong financial stability.	The stock has a low average ROCE of -8.25%, which may not be favorable. The company has not shown consistent growth in sales (43.31) and profit (-22.31).

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 :
1. Net Profit Margin: 0%
  - 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: -15.18% (Industry Average ROCE: 10.75%)
  - 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%: 0% (Industry Average ROE: 10%)
  - 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): 0.84
  - 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: 0.14
  - 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: 0 (Industry average Stock P/E: 32.71)
  - 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: -0.78
  - 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 - Qualitative Analysis

VBC Ferro Alloys Ltd. is a Public Limited Listed company incorporated on 03/10/1981 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L27101TG1981PLC003223 and registration number is 003223. Currently company belongs to the Industry of Ferro Alloys. Company’s Total Operating Revenue is Rs. 92.47 Cr. and Equity Capital is Rs. 16.39 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Ferro Alloys	6-2-913/914, Third Floor, Hyderabad Telangana 500004	info@vbcfal.in http://www.vbcfal.in

Management
Name	Position Held
Mr. Indoori Narsing Rao	Chairman
Mr. P V Rao	Whole Time Director
Ms. M Priyanka	Director
Mr. P Raju	Director
Mrs. M Sri Mani	Director
Mr. Hirak Kumar Basu	Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 22 December 2024 is ₹210.52, which is 242.87% higher than the current market price of ₹61.40. The stock has a market capitalization of 101 Cr. and recorded a high/low of 61.4/32.2 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹88 Cr and total liabilities of ₹240 Cr.

What is the Market Cap of ?

The Market Cap of is 101 Cr..

What is the current Stock Price of as on 22 December 2024?

The current stock price of as on 22 December 2024 is 61.4.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 61.4/32.2.

What is the Stock P/E of ?

The Stock P/E of is .

What is the Book Value of ?

The Book Value of is 63.7.

What is the Dividend Yield of ?

The Dividend Yield of is 0.00 %.

What is the ROCE of ?

The ROCE of is 16.2 %.

What is the ROE of ?

The ROE of is 21.6 %.

What is the Face Value of ?

The Face Value of is 10.0.