Fundamental Analysis of Global Vectra Helicorp Ltd

About the Company - Global Vectra Helicorp Ltd

Global Vectra Helicorp Ltd. is a Public Limited Listed company incorporated on 13/04/1998 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L62200DL1998PLC093225 and registration number is 093225. Currently Company is involved in the business activities of Helicopter services. Company’s Total Operating Revenue is Rs. 332.07 Cr. and Equity Capital is Rs. 14.00 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Airlines	A-54, Kailash Colony, New Delhi Delhi 110048	raakesh@gvhl.in http://www.globalhelicorp.com

Management
Name	Position Held
Lt. Gen. (Retd.) S J S Saighal	Chairman
Dr. Gautam Sen	Independent Director
Major Gen. Gurdial Singh Hundal	Independent Director
Dr. Chandrathil Gouri Krishnadas Nair	Independent Director
Ms. Rati Rishi	Non Executive Director

Basic Stock Data of Global Vectra Helicorp Ltd

Last Updated: July 26, 2024, 10:39 pm

Market Cap	395 Cr.
Current Price	281
High / Low	281/73.0
Stock P/E	326
Book Value	15.6
Dividend Yield	0.00 %
ROCE	7.33 %
ROE	4.85 %
Face Value	10.0
PEG Ratio	-11.61

Data Source: screener.in

Global Vectra Helicorp Ltd Quarterly Results

Month	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	78.91	84.99	78.98	71.34	88.96	94.68	97.51	91.75	109.32	110.64	117.77	104.87	129.59
Expenses	72.03	82.86	73.52	71.54	65.36	85.61	96.93	79.50	91.28	105.23	100.65	94.76	101.95
Operating Profit	6.88	2.13	5.46	-0.20	23.60	9.07	0.58	12.25	18.04	5.41	17.12	10.11	27.64
OPM %	8.72%	2.51%	6.91%	-0.28%	26.53%	9.58%	0.59%	13.35%	16.50%	4.89%	14.54%	9.64%	21.33%
Other Income	12.64	12.76	1.55	15.92	2.62	29.42	1.95	1.45	1.73	33.73	7.14	8.82	2.57
Interest	4.36	3.93	3.63	3.95	4.58	4.25	4.93	4.34	5.98	5.11	6.04	10.01	8.29
Depreciation	18.09	20.54	19.33	20.77	20.27	18.99	17.76	19.77	19.17	17.69	18.84	17.53	16.71
Profit before tax	-2.93	-9.58	-15.95	-9.00	1.37	15.25	-20.16	-10.41	-5.38	16.34	-0.62	-8.61	5.21
Tax %	71.67%	19.83%	35.99%	81.67%	353.28%	37.97%	48.96%	-10.66%	-3.16%	39.11%	-124.19%	20.79%	35.12%
Net Profit	-0.83	-7.68	-10.20	-1.66	-3.47	9.46	-10.29	-11.52	-5.55	9.95	-1.39	-6.82	3.38
EPS in Rs	-0.59	-5.49	-7.29	-1.19	-2.48	6.76	-7.35	-8.23	-3.96	7.11	-0.99	-4.87	2.41

Last Updated: July 11, 2024, 8:10 am

Global Vectra Helicorp Ltd Quarterly Chart

Global Vectra Helicorp Ltd Profit & Loss

Last Updated: July 10, 2024, 5:22 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	279	250	332	347	357	376	404	480	457	295	335	411	443
Expenses	242	217	277	277	307	302	349	429	364	262	286	369	392
Operating Profit	37	33	54	70	50	74	55	51	92	34	49	42	51
OPM %	13%	13%	16%	20%	14%	20%	14%	11%	20%	11%	15%	10%	11%
Other Income	5	32	5	14	21	12	2	9	29	22	41	36	51
Interest	40	28	21	17	15	23	21	14	24	18	17	21	27
Depreciation	26	30	29	26	30	38	38	39	94	83	80	75	73
Profit before tax	-24	7	9	42	26	24	-1	7	3	-45	-7	-18	2
Tax %	0%	0%	38%	45%	50%	34%	-86%	3%	18%	36%	28%	10%
Net Profit	-24	7	5	23	13	16	-2	7	2	-29	-5	-17	-4
EPS in Rs	-17.26	4.89	3.92	16.51	9.22	11.36	-1.23	5.01	1.49	-20.91	-3.53	-11.88	-2.71
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Global Vectra Helicorp Ltd Profit & Loss Yearly Chart

Global Vectra Helicorp Ltd Growth

Compounded Sales Growth
10 Years:	4%
5 Years:	1%
3 Years:	19%
TTM:	22%

Compounded Profit Growth
10 Years:	-14%
5 Years:	-28%
3 Years:	27%
TTM:	105%

Stock Price CAGR
10 Years:	23%
5 Years:	38%
3 Years:	65%
1 Year:	250%

Return on Equity
10 Years:	-3%
5 Years:	-28%
3 Years:	-45%
Last Year:	5%

Last Updated: July 25, 2024, 8:59 am

Global Vectra Helicorp Ltd Balance Sheet

Last Updated: July 10, 2024, 5:22 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	14	14	14	14	14	14	14	14	14	14	14	14	14
Reserves	-28	-25	-22	1	8	40	103	52	65	34	27	14	1
Preference Capital	66	66	66	66	66	0	0	0	0	0	0	0
Borrowings	289	237	207	164	232	272	177	159	386	342	366	414	504
Other Liabilities	269	276	292	289	370	291	334	413	342	315	310	326	342
Total Liabilities	545	502	491	468	624	617	628	638	807	705	717	768	861
Fixed Assets	407	373	359	335	447	463	421	403	552	440	406	423	419
CWIP	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	138	129	132	132	177	154	207	235	255	265	311	346	442
Total Assets	545	502	491	468	624	617	628	638	807	705	717	768	861

Global Vectra Helicorp Ltd Reserves and Borrowings Chart

Global Vectra Helicorp Ltd 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	60	58	73	60	71	57	34	76	10	60	29	111
Cash from Investing Activity	21	-4	3	-31	-0	-5	-8	7	59	55	95	31
Cash from Financing Activity	-81	-53	-64	-43	-70	-48	-31	-82	-72	-95	-142	-142
Net Cash Flow	1	1	11	-13	1	4	-5	2	-3	19	-19	1

Global Vectra Helicorp Ltd 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	82	30	12	30	29	26	48	47	64	37	20	27
Inventory Days
Days Payable
Cash Conversion Cycle	82	30	12	30	29	26	48	47	64	37	20	27
Working Capital Days	-246	-212	-192	-215	-230	-156	-173	-94	-123	-114	-69	-62
ROCE %	2%	11%	21%	19%	15%	7%	8%	8%	-5%	-2%	-1%

Global Vectra Helicorp Ltd Financial Efficiency Indicators Chart

Global Vectra Helicorp Ltd Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.21%	0.00%	0.00%	0.00%
Public	25.00%	25.00%	25.00%	25.00%	24.99%	25.00%	24.99%	25.00%	24.78%	24.99%	25.00%	25.00%
No. of Shareholders	9,771	10,370	10,559	10,629	10,646	10,629	10,538	10,335	9,886	11,389	10,690	11,784

Global Vectra Helicorp Ltd Shareholding Pattern Chart

No. of Global Vectra Helicorp Ltd Shareholders

This stock is not held by any mutual fund

Global Vectra Helicorp Ltd ROCE Trend

Global Vectra Helicorp Ltd EPS Trend

Global Vectra Helicorp Ltd Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	0.86	-11.88	-3.89	-20.91	1.49
Diluted EPS (Rs.)	0.86	-11.88	-3.89	-20.91	1.49
Cash EPS (Rs.)	52.11	41.99	52.09	38.40	68.66
Book Value[Excl.RevalReserv]/Share (Rs.)	15.58	20.07	28.88	34.21	56.56
Book Value[Incl.RevalReserv]/Share (Rs.)	15.58	20.07	28.88	34.21	56.56
Revenue From Operations / Share (Rs.)	359.09	293.65	237.19	210.95	326.19
PBDIT / Share (Rs.)	76.93	55.64	61.83	39.52	86.23
PBIT / Share (Rs.)	25.68	1.78	5.86	-19.79	19.06
PBT / Share (Rs.)	1.67	-13.15	-5.48	-32.49	1.81
Net Profit / Share (Rs.)	0.86	-11.88	-3.89	-20.91	1.49
PBDIT Margin (%)	21.42	18.94	26.06	18.73	26.43
PBIT Margin (%)	7.15	0.60	2.47	-9.38	5.84
PBT Margin (%)	0.46	-4.47	-2.31	-15.40	0.55
Net Profit Margin (%)	0.23	-4.04	-1.63	-9.91	0.45
Return on Networth / Equity (%)	5.53	-59.17	-13.46	-61.12	2.62
Return on Capital Employeed (%)	8.48	0.72	2.96	-8.97	6.79
Return On Assets (%)	0.12	-2.16	-0.81	-4.15	0.25
Long Term Debt / Equity (X)	1.08	1.04	0.91	0.87	0.63
Total Debt / Equity (X)	1.91	1.55	1.37	1.09	0.76
Asset Turnover Ratio (%)	0.59	0.57	0.48	0.39	0.63
Current Ratio (X)	0.51	0.50	0.47	0.44	0.44
Quick Ratio (X)	0.45	0.44	0.41	0.38	0.38
Interest Coverage Ratio (X)	3.20	3.73	5.45	3.11	5.00
Interest Coverage Ratio (Post Tax) (X)	1.04	0.20	0.65	-0.64	1.09
Enterprise Value (Cr.)	196.31	101.61	86.82	96.42	97.81
EV / Net Operating Revenue (X)	0.39	0.24	0.26	0.32	0.21
EV / EBITDA (X)	1.82	1.30	1.00	1.74	0.81
MarketCap / Net Operating Revenue (X)	0.34	0.17	0.19	0.18	0.10
Price / BV (X)	7.90	2.61	1.57	1.14	0.61
Price / Net Operating Revenue (X)	0.34	0.17	0.19	0.18	0.10
EarningsYield	0.01	-0.22	-0.08	-0.53	0.04

Global Vectra Helicorp Ltd Profitability Ratios (%)

Global Vectra Helicorp Ltd Liquidity Ratios

Global Vectra Helicorp Ltd Liquidity Ratios (%)

Global Vectra Helicorp Ltd Interest Coverage Ratios (%)

Global Vectra Helicorp Ltd Valuation Ratios

Fair Value

Fair Value: 251.58

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.

Overvalued: 10.47% compared to the current price 281

Intrinsic Value: 180.92

Calculation basis:

Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Overvalued: 35.62% compared to the current price 281

Last 5 Year EPS CAGR: -28.09%

*Investments are subject to market risks

Strength and Weakness of Global Vectra Helicorp Ltd Stock

Strength	Weakness
The stock has a low average Working Capital Days of -157.17, which is a positive sign. The company has shown consistent growth in sales (366.62 cr) and profit (1.92 cr) over the years.	The stock has a low average ROCE of 6.92%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 37.67, which may not be favorable. The company has higher borrowings (311.42) compared to reserves (25.42), which may suggest financial risk.

FAQ

What is the latest fair value of Global Vectra Helicorp Ltd?

The latest fair value of Global Vectra Helicorp Ltd is ₹251.58.

What is the Market Cap of Global Vectra Helicorp Ltd?

The Market Cap of Global Vectra Helicorp Ltd is 395 Cr..

What is the current Stock Price of Global Vectra Helicorp Ltd as on 27 July 2024?

The current stock price of Global Vectra Helicorp Ltd as on 27 July 2024 is 281.

What is the High / Low of Global Vectra Helicorp Ltd stocks in FY 2024?

In FY 2024, the High / Low of Global Vectra Helicorp Ltd stocks is 281/73.0.

What is the Stock P/E of Global Vectra Helicorp Ltd?

The Stock P/E of Global Vectra Helicorp Ltd is 326.

What is the Book Value of Global Vectra Helicorp Ltd?

The Book Value of Global Vectra Helicorp Ltd is 15.6.

What is the Dividend Yield of Global Vectra Helicorp Ltd?

The Dividend Yield of Global Vectra Helicorp Ltd is 0.00 %.

What is the ROCE of Global Vectra Helicorp Ltd?

The ROCE of Global Vectra Helicorp Ltd is 7.33 %.

What is the ROE of Global Vectra Helicorp Ltd?

The ROE of Global Vectra Helicorp Ltd is 4.85 %.

What is the Face Value of Global Vectra Helicorp Ltd?

The Face Value of Global Vectra Helicorp Ltd is 10.0.