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Last Updated on: 22 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 532156 | NSE: VAIBHAVGBL

Vaibhav Global Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 1:38 am

Market Cap 4,811 Cr.
Current Price 289
High / Low 543/263
Stock P/E37.4
Book Value 77.9
Dividend Yield2.07 %
ROCE14.0 %
ROE10.8 %
Face Value 2.00
PEG Ratio-2.57

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

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Go Fashion (India) Ltd 5,285 Cr. 979 1,408/93361.6 1210.00 %15.7 %14.6 % 10.0
7NR Retail Ltd 14.5 Cr. 5.18 10.7/4.72 9.870.00 %3.31 %4.00 % 10.0
Vaibhav Global Ltd 4,811 Cr. 289 543/26337.4 77.92.07 %14.0 %10.8 % 2.00
V2 Retail Ltd 5,334 Cr. 1,542 1,688/278128 83.50.00 %10.8 %10.6 % 10.0
Trent Ltd 2,42,853 Cr. 6,832 8,346/2,941179 1320.05 %23.8 %27.2 % 1.00
Industry Average48,714.50 Cr1,171.6885.9076.930.27%20.35%29.03%6.33

All Competitor Stocks of

Quarterly Result

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales682635750685628646724693658705888789756
Expenses591568665647586596662646600642795736699
Operating Profit91678538425061465863935357
OPM %13%11%11%6%7%8%8%7%9%9%11%7%8%
Other Income396-152214973269
Interest1222222333333
Depreciation11131417171820222223232525
Profit before tax119586825253155304041683237
Tax %17%28%-2%-8%22%26%28%23%27%30%31%33%27%
Net Profit99426927202339233029472127
EPS in Rs6.052.584.241.661.191.392.361.421.801.782.871.291.67

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales8931,2981,3761,2771,4391,5711,8141,9862,5402,7522,6913,0413,139
Expenses8291,1551,2421,2181,3531,4221,6111,7252,1702,4712,4912,7722,871
Operating Profit641431345886148203262370281200269267
OPM %7%11%10%5%6%9%11%13%15%10%7%9%9%
Other Income-126341317161014141850281920
Interest14147764595681212
Depreciation771224292525313955789396
Profit before tax-841551284566129188236344271141182179
Tax %2%2%19%11%2%13%18%20%21%12%26%30%
Net Profit-861531034065112154190272237105127125
EPS in Rs-5.349.486.372.453.976.909.4311.7716.7014.506.367.727.61
Dividend Payout %0%2%9%0%0%0%21%57%30%41%94%78%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)277.91%-32.68%-61.17%62.50%72.31%37.50%23.38%43.16%-12.87%-55.70%20.95%
Change in YoY Net Profit Growth (%)0.00%-310.59%-28.49%123.67%9.81%-34.81%-14.12%19.78%-56.03%-42.83%76.65%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:9%
5 Years:11%
3 Years:6%
TTM:16%
Compounded Profit Growth
10 Years:-1%
5 Years:-3%
3 Years:-21%
TTM:7%
Stock Price CAGR
10 Years:9%
5 Years:13%
3 Years:-21%
1 Year:-29%
Return on Equity
10 Years:19%
5 Years:18%
3 Years:13%
Last Year:11%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 6:37 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital32323232333333323333333333
Reserves832012963354025186647199311,0941,1681,2251,261
Borrowings20512476112856766102124165193218241
Other Liabilities81121126140157146179238307394392405462
Total Liabilities4014785306196767639421,0911,3951,6861,7861,8811,997
Fixed Assets586676126126120116154163467507616618
CWIP001300192927560
Investments03345121882280843412876
Other Assets3434094504875456328078479231,1081,2411,1311,303
Total Assets4014785306196767639421,0911,3951,6861,7861,8811,997

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +79178115-25744120421432688127277
Cash from Investing Activity +-22-68-3-42-26-23-22-184-267-4543-183
Cash from Financing Activity +-30-108-6430-30-24-23-184-57-72-103-143
Net Cash Flow27249-3719-6159-1551-2968-49

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-141.0019.0058.00-54.001.0081.00137.00160.00246.00116.007.0051.00

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 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days151913192430242524313338
Inventory Days252166187277221227239220180231238202
Days Payable5459619983667475651049576
Cash Conversion Cycle213126139197162191189170139158176164
Working Capital Days774552757088757357747771
ROCE %25%50%35%11%15%23%27%30%36%21%11%14%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters58.10%58.08%58.08%57.96%57.90%57.91%57.26%57.21%57.12%57.24%57.22%57.18%
FIIs11.17%10.69%10.73%10.71%20.74%21.13%21.64%21.89%22.66%22.05%22.68%21.48%
DIIs18.51%18.62%18.50%18.38%6.58%6.38%6.36%6.24%5.72%5.37%2.57%1.88%
Public12.05%12.52%12.57%12.76%14.64%14.44%14.63%14.59%14.42%15.28%17.45%19.33%
Others0.17%0.09%0.12%0.19%0.14%0.15%0.10%0.06%0.06%0.04%0.07%0.13%
No. of Shareholders83,54193,4341,03,9981,13,7741,36,9851,32,4911,30,6891,29,1361,19,8881,17,4421,20,8541,27,316

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Motilal Oswal Flexi Cap Fund1,325,0000.3945.198082024-12-19163885.15%
Nippon India Nifty Smallcap 250 Index Fund50,8150.11.738082024-12-196188.99%
SBI Nifty Smallcap 250 Index Fund27,0860.10.848082024-12-193252.23%
Motilal Oswal Nifty Smallcap 250 Index Fund23,1860.10.798082024-12-192769.55%
ICICI Prudential Nifty Smallcap 250 Index Fund10,9500.10.348082024-12-191255.2%
Motilal Oswal Nifty 500 Index Fund5,7060.010.198082024-12-19606.19%
Edelweiss Nifty Smallcap 250 Index Fund2,0090.10.068082024-12-19148.64%
Motilal Oswal Nifty Smallcap 250 ETF1,3160.10.048082024-12-1962.87%
ICICI Prudential BSE 500 ETF8080.010.028082024-12-190%
Motilal Oswal Nifty 500 ETF1920.010.018082024-12-19-76.24%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.0010.0010.00
Basic EPS (Rs.)7.746.3914.5683.8658.65
Diluted EPS (Rs.)7.596.2914.2481.5957.92
Cash EPS (Rs.)13.3011.0917.8295.5568.67
Book Value[Excl.RevalReserv]/Share (Rs.)76.0172.9668.88296.22232.78
Book Value[Incl.RevalReserv]/Share (Rs.)76.0172.9668.88296.22232.78
Revenue From Operations / Share (Rs.)183.71163.20168.04780.68615.48
PBDIT / Share (Rs.)17.8313.7818.51119.2385.62
PBIT / Share (Rs.)12.199.0715.16107.2075.91
PBT / Share (Rs.)10.998.5716.52105.7873.23
Net Profit / Share (Rs.)7.666.3814.4883.5258.95
NP After MI And SOA / Share (Rs.)7.736.3714.5183.5358.95
PBDIT Margin (%)9.708.4411.0115.2713.91
PBIT Margin (%)6.635.559.0213.7312.33
PBT Margin (%)5.985.259.8213.5411.89
Net Profit Margin (%)4.163.908.6110.699.57
NP After MI And SOA Margin (%)4.203.908.6310.699.57
Return on Networth / Equity (%)10.178.7321.0928.1925.32
Return on Capital Employeed (%)14.7711.7920.9535.3231.39
Return On Assets (%)6.775.8614.0619.4817.43
Total Debt / Equity (X)0.080.090.080.090.08
Asset Turnover Ratio (%)1.650.350.450.480.54
Current Ratio (X)2.332.362.252.872.85
Quick Ratio (X)1.191.121.021.771.50
Inventory Turnover Ratio (X)0.510.691.051.011.10
Dividend Payout Ratio (NP) (%)77.5694.1241.2720.9054.01
Dividend Payout Ratio (CP) (%)44.8354.0733.5418.2746.37
Earning Retention Ratio (%)22.445.8858.7379.1045.99
Cash Earning Retention Ratio (%)55.1745.9366.4681.7353.63
Interest Coverage Ratio (X)25.1927.7249.7383.8031.95
Interest Coverage Ratio (Post Tax) (X)12.5113.8335.2659.7023.00
Enterprise Value (Cr.)6037.664370.146122.5312373.222396.11
EV / Net Operating Revenue (X)1.991.622.224.871.21
EV / EBITDA (X)20.4619.2320.1931.908.67
MarketCap / Net Operating Revenue (X)1.981.672.234.911.26
Retention Ratios (%)22.435.8758.7279.0945.98
Price / BV (X)4.803.745.4412.943.34
Price / Net Operating Revenue (X)1.981.672.234.911.26
EarningsYield0.020.020.030.020.07

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 22, 2024 is: 321.17

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 11.13% compared to the current share price 289.00

Intrinsic Value of as of December 22, 2024 is: 274.45

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 Overvalued by 5.03% compared to the current share price 289.00

Last 5 Year EPS CAGR: -14.55%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 24.83%, which is a positive sign.
  2. The company has higher reserves (684.38 cr) compared to borrowings (136.77 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (70.15 cr) and profit (152.31 cr) over the years.
  1. The stock has a high average Working Capital Days of 69.50, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 168.67, which may not be favorable.
  • 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: 4.16%
      • 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: 14.77% (Industry Average ROCE: 20.35%)
      • 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%: 10.17% (Industry Average ROE: 29.03%)
      • 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): 12.51
      • 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: 1.19
      • 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: 37.4 (Industry average Stock P/E: 85.9)
      • 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: 0.08
      • 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

Vaibhav Global Ltd. is a Public Limited Listed company incorporated on 08/05/1989 and has its registered office in the State of Rajasthan, India. Company’s Corporate Identification Number(CIN) is L36911RJ1989PLC004945 and registration number is 004945. Currently Company is involved in the business activities of Manufacture of jewellery and related articles. Company’s Total Operating Revenue is Rs. 489.10 Cr. and Equity Capital is Rs. 32.76 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Retail - Apparel/AccessoriesK- 6B, Fateh Tiba, Adarsh Nagar, Jaipur Rajasthan 302004investor_relations@vaibhavglobal.com
http://www.vaibhavglobal.com
Management
NamePosition Held
Mr. Harsh BahadurChairman
Mr. Sunil AgrawalManaging Director
Mrs. Sheela AgarwalDirector
Mr. Sanjeev AgrawalDirector
Mr. Pulak Chandan PrasadDirector
Mr. Jason Charles GoldbergDirector
Mr. Sunil GoyalDirector
Ms. Stephanie Renee SpongDirector

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹321.17, which is 11.13% higher than the current market price of ₹289.00. The stock has a market capitalization of 4,811 Cr. and recorded a high/low of 543/263 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹1,261 Cr and total liabilities of ₹1,997 Cr.

What is the Market Cap of ?

The Market Cap of is 4,811 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 289.

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

In FY 2024-2025, the High / Low of stocks is 543/263.

What is the Stock P/E of ?

The Stock P/E of is 37.4.

What is the Book Value of ?

The Book Value of is 77.9.

What is the Dividend Yield of ?

The Dividend Yield of is 2.07 %.

What is the ROCE of ?

The ROCE of is 14.0 %.

What is the ROE of ?

The ROE of is 10.8 %.

What is the Face Value of ?

The Face Value of is 2.00.

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 . 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