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Last Updated on: 30 May, 2024|Author: Getaka | Social: X Twitter Profile
Stock Ticker - BSE: | NSE:

Fundamental Analysis of Vasa Retail and Overseas Ltd (VASA)

Basic Stock Data

Last Updated: May 30, 2024, 6:02 am

Market Cap 2.79 Cr.
Current Price 4.65
High / Low9.90/4.65
Stock P/E
Book Value 29.5
Dividend Yield0.00 %
ROCE117 %
ROE%
Face Value 10.0
PEG Ratio0.00

Competitors of Vasa Retail and Overseas Ltd (VASA)

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
TCPL Packaging Ltd 1,899 Cr. 2,0762,499/1,34318.3 5370.97 %21.9 %26.1 % 10.0
Orient Press Ltd 91.6 Cr. 91.6132/59.5 67.80.00 %2.27 %4.70 % 10.0
Alkosign Ltd 112 Cr. 155261/70.018.6 47.60.00 %3.69 %3.71 % 10.0
Sandesh Ltd 934 Cr. 1,2291,437/8937.30 1,4670.40 %12.9 %9.77 % 10.0
Linc Ltd 866 Cr. 583900/46325.4 1360.86 %23.9 %18.0 % 10.0
Industry Average780.52 Cr826.9213.92451.080.45%12.93%12.46%10.00

Quarterly Result

MonthMar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023
Sales2018145644000
Expenses19171351211120110
Operating Profit1111-6-7-7-0-11-0
OPM %7%6%8%14%-110%-158%-158%
Other Income0100001000
Interest1111213200
Depreciation0000000000
Profit before tax1100-8-8-10-2-11-0
Tax %24%25%12%-50%0%0%0%0%0%0%
Net Profit1100-8-8-10-2-11-0
EPS in Rs1.301.070.370.05-13.50-14.05-15.87-3.45-18.64-0.25

Last Updated: May 11, 2024, 2:37 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 27, 2024, 6:20 am

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales192224173832114-00
Expenses18212215363016111211
Operating Profit012232-5-7-12-11
OPM %2%3%7%9%7%7%-49%-158%
Other Income00001101-00
Interest01111233-00
Depreciation00000000-00
Profit before tax-0-01121-8-10-13-11
Tax %-267%-100%26%29%25%21%0%0%-0%
Net Profit-0-01121-8-10-13-11
EPS in Rs0.932.551.44-13.45-15.87-20.91-18.89
Dividend Payout %-0%-0%-0%-0%10%-0%-0%-0%-0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)0.00%100.00%-50.00%-900.00%-25.00%-30.00%
Change in YoY Net Profit Growth (%)0.00%100.00%-150.00%-850.00%875.00%-5.00%

Growth

Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-100%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:2%
Stock Price CAGR
10 Years:%
5 Years:-28%
3 Years:-7%
1 Year:-38%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Last Updated: May 17, 2024, 9:48 am

Balance Sheet

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital1126666666
Reserves000355-3-12-24-24
Borrowings4667131722222222
Other Liabilities36613473211
Total Liabilities81314292735281866
Fixed Assets2201111000
CWIP0000000000
Investments0011100000
Other Assets61112272534271766
Total Assets81314292735281866

Reserves and Borrowings Chart

Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 1-01-12-3-1-3-1-0
Cash from Investing Activity -2-00-2-02000
Cash from Financing Activity 11-115422-3-0
Net Cash Flow001113-1-4-0

Free Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow-4.00-5.00-4.00-5.00-10.00-15.00-27.00-29.00-34.00

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 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days38734325358139278804
Inventory Days648511133717121838917159
Days Payable65102903143391613535
Cash Conversion Cycle375663277197266607941
Working Capital Days4768752761762506991,272
ROCE %10%25%13%16%13%-20%-31%-117%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2019Mar 2020Sep 2020Mar 2021Sep 2021Dec 2021Mar 2022Sep 2022Dec 2022Mar 2023Sep 2023Mar 2024
Promoters70.23%70.23%70.23%69.43%69.43%69.43%69.43%69.43%69.43%68.16%62.35%61.69%
Public29.76%29.77%29.77%30.57%30.57%30.57%30.57%30.57%30.57%31.84%37.65%38.31%
No. of Shareholders205201228234231228232231219258289304

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-20.92-15.88-13.451.432.55
Diluted EPS (Rs.)-20.92-15.88-13.451.432.55
Cash EPS (Rs.)-20.92-15.71-13.221.702.72
Book Value[Excl.RevalReserv]/Share (Rs.)-29.21-10.575.3018.7517.71
Book Value[Incl.RevalReserv]/Share (Rs.)-29.21-10.575.3018.7517.71
Dividend / Share (Rs.)0.000.000.000.250.25
Revenue From Operations / Share (Rs.)0.007.4418.3453.5064.09
PBDIT / Share (Rs.)-20.91-10.64-8.655.565.57
PBIT / Share (Rs.)-20.91-10.81-8.885.295.40
PBT / Share (Rs.)-20.91-15.89-13.461.823.39
Net Profit / Share (Rs.)-20.92-15.88-13.451.432.55
PBDIT Margin (%)0.00-143.05-47.1910.398.69
PBIT Margin (%)0.00-145.34-48.429.898.42
PBT Margin (%)0.00-213.64-73.373.395.29
Net Profit Margin (%)0.00-213.41-73.322.673.98
Return on Networth / Equity (%)0.000.00-253.697.6114.42
Return on Capital Employeed (%)197.98-133.05-51.8924.3327.85
Return On Assets (%)-215.00-53.44-28.582.445.66
Long Term Debt / Equity (X)-0.63-1.762.220.150.08
Total Debt / Equity (X)-1.27-3.546.771.451.16
Asset Turnover Ratio (%)0.000.190.341.031.36
Current Ratio (X)0.471.341.521.541.59
Quick Ratio (X)0.410.920.710.810.61
Dividend Payout Ratio (NP) (%)0.000.000.0021.093.91
Dividend Payout Ratio (CP) (%)0.000.000.0017.763.67
Earning Retention Ratio (%)0.000.000.0078.9196.09
Cash Earning Retention Ratio (%)0.000.000.0082.2496.33
Interest Coverage Ratio (X)0.00-2.09-1.891.602.77
Interest Coverage Ratio (Post Tax) (X)0.00-2.12-1.941.412.27
Enterprise Value (Cr.)31.8126.2021.0815.5723.91
EV / Net Operating Revenue (X)0.005.881.920.480.62
EV / EBITDA (X)-2.54-4.11-4.064.677.16
MarketCap / Net Operating Revenue (X)0.000.860.290.110.35
Retention Ratios (%)0.000.000.0078.9096.08
Price / BV (X)-0.54-0.601.030.331.27
Price / Net Operating Revenue (X)0.000.860.290.110.35
EarningsYield-1.31-2.48-2.470.220.11

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: ₹67.70

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.

Undervalued: 1,355.97% compared to the current price ₹4.65

Default values used*: Deafault value of 15 for Stock P/E is used, Deafault value of 15% for ROE is used

Intrinsic Value: ₹36.71

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.

Undervalued: 689.50% compared to the current price ₹4.65

Default values used*: Deafault value of 15 for Stock P/E is used, Deafault value of 15% for ROE is used

Last 5 Year EPS CAGR: -45.77%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
    1. The stock has a low average ROCE of -10.11%, which may not be favorable.
    2. The stock has a high average Working Capital Days of 176.89, which may not be favorable.
    3. The stock has a high average Cash Conversion Cycle of 271.56, which may not be favorable.
    4. The company has higher borrowings (14.10) compared to reserves (-5.00), which may suggest financial risk.
    5. The company has not shown consistent growth in sales (16.70) and profit (-3.70).

    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 Vasa Retail and Overseas Ltd (VASA):
      1. Net Profit Margin: 0.00%
        • 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: 197.98% (Industry Average ROCE: 12.93%)
        • 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%: 0.00% (Industry Average ROE: 12.46%)
        • 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): 0.00
        • 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: 0.41
        • 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: (Industry average Stock P/E: 13.92)
        • 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: -1.27
        • 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

    Vasa Retail and Overseas Ltd. is a Public Limited Listed company incorporated on 20/10/2017 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L74110MH2017PLC301013 and registration number is 301013. Currently Company is involved in the business activities of Retail sale of stationery office supplies such as pens, pencils, paper etc.. Company’s Total Operating Revenue is Rs. 4.46 Cr. and Equity Capital is Rs. 5.99 Cr. for the Year ended 31/03/2022.
    INDUSTRYADDRESSCONTACT
    Trading & Distributors23, Floor-5, Plot-76, Prabhat, Bhulabhai Desai Road, Mumbai Maharashtra 400026investor@vasagroup.in
    http://www.vasagroup.in
    Management
    NamePosition Held
    Mr. Hardik Bhupendra VasaChairman & Managing Director
    Mrs. Kajal Hardik VasaWhole Time Director
    Mr. Mahiesh Sankalchand JaainIndependent Director
    Mr. Vikas Rajkumar GoyalIndependent Director

    FAQ

    What is the latest fair value of Vasa Retail and Overseas Ltd (VASA)?

    The latest fair value of Vasa Retail and Overseas Ltd (VASA) is ₹67.70.

    What is the Market Cap of Vasa Retail and Overseas Ltd (VASA)?

    The Market Cap of Vasa Retail and Overseas Ltd (VASA) is 2.79 Cr..

    What is the current Stock Price of Vasa Retail and Overseas Ltd (VASA) as on 29 May 2024?

    The current stock price of Vasa Retail and Overseas Ltd (VASA) as on 29 May 2024 is ₹4.65.

    What is the High / Low of Vasa Retail and Overseas Ltd (VASA) stocks in FY 2024?

    In FY 2024, the High / Low of Vasa Retail and Overseas Ltd (VASA) stocks is 9.90/4.65.

    What is the Stock P/E of Vasa Retail and Overseas Ltd (VASA)?

    The Stock P/E of Vasa Retail and Overseas Ltd (VASA) is .

    What is the Book Value of Vasa Retail and Overseas Ltd (VASA)?

    The Book Value of Vasa Retail and Overseas Ltd (VASA) is 29.5.

    What is the Dividend Yield of Vasa Retail and Overseas Ltd (VASA)?

    The Dividend Yield of Vasa Retail and Overseas Ltd (VASA) is 0.00 %.

    What is the ROCE of Vasa Retail and Overseas Ltd (VASA)?

    The ROCE of Vasa Retail and Overseas Ltd (VASA) is 117 %.

    What is the ROE of Vasa Retail and Overseas Ltd (VASA)?

    The ROE of Vasa Retail and Overseas Ltd (VASA) is %.

    What is the Face Value of Vasa Retail and Overseas Ltd (VASA)?

    The Face Value of Vasa Retail and Overseas Ltd (VASA) 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 Vasa Retail and Overseas Ltd (VASA). 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