Vesuvius India Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 10, 2025, 8:56 pm

Market Cap	8,299 Cr.
Current Price	4,088
High / Low	6,000/3,238
Stock P/E	31.4
Book Value	705
Dividend Yield	0.35 %
ROCE	26.4 %
ROE	20.2 %
Face Value	10.0
PEG Ratio	0.83

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Vesuvius India Ltd

Competitors of Vesuvius India Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Morganite Crucible (India) Ltd	802 Cr.	1,433	1,964/1,170	29.3	246	2.79 %	28.3 %	20.2 %	5.00
Associated Ceramics Ltd	65.7 Cr.	219	491/190	45.9	75.6	0.00 %	5.69 %	4.09 %	10.0
Vesuvius India Ltd	8,299 Cr.	4,088	6,000/3,238	31.4	705	0.35 %	26.4 %	20.2 %	10.0
IFGL Refractories Ltd	1,239 Cr.	344	755/326	26.3	306	2.04 %	8.97 %	7.82 %	10.0
Industry Average	3,446.67 Cr	1,521.00		33.23	333.15	1.30%	17.34%	13.08%	8.75

All Competitor Stocks of Vesuvius India Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	259	312	330	353	348	368	405	413	417	453	462	444	509
Expenses	239	278	289	303	309	313	335	331	337	358	371	365	427
Operating Profit	20	33	41	50	40	55	70	82	80	95	92	79	82
OPM %	8%	11%	12%	14%	11%	15%	17%	20%	19%	21%	20%	18%	16%
Other Income	5	5	5	6	7	11	8	8	7	8	10	23	7
Interest	-0	-0	-0	-0	-0	-0	-0	0	0	0	0	0	0
Depreciation	8	7	7	8	9	8	8	9	11	10	11	12	13
Profit before tax	18	32	39	49	37	58	70	81	76	92	90	90	76
Tax %	26%	25%	25%	26%	26%	25%	25%	25%	25%	25%	26%	24%	22%
Net Profit	13	24	29	36	28	43	52	60	57	69	67	68	60
EPS in Rs	6.47	11.64	14.50	17.78	13.62	21.36	25.74	29.70	28.12	33.89	33.18	33.73	29.53

Last Updated: March 4, 2025, 2:56 pm

Below is a detailed analysis of the quarterly data for Vesuvius India Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 509.00 Cr.. The value appears strong and on an upward trend. It has increased from 444.00 Cr. (Sep 2024) to 509.00 Cr., marking an increase of 65.00 Cr..
For Expenses, as of Dec 2024, the value is 427.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 365.00 Cr. (Sep 2024) to 427.00 Cr., marking an increase of 62.00 Cr..
For Operating Profit, as of Dec 2024, the value is 82.00 Cr.. The value appears strong and on an upward trend. It has increased from 79.00 Cr. (Sep 2024) to 82.00 Cr., marking an increase of 3.00 Cr..
For OPM %, as of Dec 2024, the value is 16.00%. The value appears to be declining and may need further review. It has decreased from 18.00% (Sep 2024) to 16.00%, marking a decrease of 2.00%.
For Other Income, as of Dec 2024, the value is 7.00 Cr.. The value appears to be declining and may need further review. It has decreased from 23.00 Cr. (Sep 2024) to 7.00 Cr., marking a decrease of 16.00 Cr..
For Interest, as of Dec 2024, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.00 Cr..
For Depreciation, as of Dec 2024, the value is 13.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 12.00 Cr. (Sep 2024) to 13.00 Cr., marking an increase of 1.00 Cr..
For Profit before tax, as of Dec 2024, the value is 76.00 Cr.. The value appears to be declining and may need further review. It has decreased from 90.00 Cr. (Sep 2024) to 76.00 Cr., marking a decrease of 14.00 Cr..
For Tax %, as of Dec 2024, the value is 22.00%. The value appears to be improving (decreasing) as expected. It has decreased from 24.00% (Sep 2024) to 22.00%, marking a decrease of 2.00%.
For Net Profit, as of Dec 2024, the value is 60.00 Cr.. The value appears to be declining and may need further review. It has decreased from 68.00 Cr. (Sep 2024) to 60.00 Cr., marking a decrease of 8.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 29.53. The value appears to be declining and may need further review. It has decreased from 33.73 (Sep 2024) to 29.53, marking a decrease of 4.20.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 2:26 pm

Metric	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales	602	652	700	822	911	925	887	792	1,047	1,343	1,603	1,869
Expenses	489	552	574	670	745	777	766	714	947	1,178	1,314	1,521
Operating Profit	112	101	126	152	167	148	121	77	100	165	289	347
OPM %	19%	15%	18%	18%	18%	16%	14%	10%	10%	12%	18%	19%
Other Income	5	9	10	13	9	23	29	21	20	23	35	48
Interest	1	0	1	1	1	1	1	1	1	1	2	1
Depreciation	18	19	23	27	30	28	27	26	27	30	36	46
Profit before tax	99	90	112	136	145	142	123	72	92	157	285	349
Tax %	34%	34%	35%	35%	35%	35%	31%	26%	26%	26%	25%	24%
Net Profit	65	59	74	89	94	93	86	53	68	117	213	265
EPS in Rs	32.11	29.15	36.26	43.79	46.54	45.59	42.15	26.14	33.53	57.54	104.92	130.33
Dividend Payout %	15%	24%	17%	15%	15%	15%	21%	27%	24%	14%	12%	11%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year
YoY Net Profit Growth (%)
Change in YoY Net Profit Growth (%)

No data available for trend analysis.

Growth

Compounded Sales Growth
10 Years:	11%
5 Years:	16%
3 Years:	21%
TTM:	17%

Compounded Profit Growth
10 Years:	16%
5 Years:	25%
3 Years:	57%
TTM:	24%

Stock Price CAGR
10 Years:	19%
5 Years:	37%
3 Years:	61%
1 Year:	26%

Return on Equity
10 Years:	14%
5 Years:	14%
3 Years:	18%
Last Year:	20%

Last Updated: Unknown

Balance Sheet

Last Updated: March 14, 2025, 2:34 pm

Month	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Equity Capital	20	20	20	20	20	20	20	20	20	20	20	20
Reserves	377	419	477	562	641	717	784	822	876	977	1,173	1,411
Borrowings	0	0	0	0	0	0	0	0	0	0	13	13
Other Liabilities	120	139	147	161	193	188	177	216	292	333	382	402
Total Liabilities	518	578	644	743	854	925	981	1,058	1,188	1,331	1,589	1,847
Fixed Assets	134	132	131	124	113	121	124	120	116	194	316	434
CWIP	5	20	14	16	38	26	28	21	27	38	86	196
Investments	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	379	426	499	603	703	779	829	917	1,045	1,098	1,187	1,217
Total Assets	518	578	644	743	854	925	981	1,058	1,188	1,331	1,589	1,847

Below is a detailed analysis of the balance sheet data for Vesuvius India Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Equity Capital, as of Dec 2024, the value is ₹20.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2023) which recorded 20.00 Cr..
For Reserves, as of Dec 2024, the value is ₹1,411.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,173.00 Cr. (Dec 2023) to ₹1,411.00 Cr., marking an increase of 238.00 Cr..
For Borrowings, as of Dec 2024, the value is ₹13.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Dec 2023) which recorded 13.00 Cr..
For Other Liabilities, as of Dec 2024, the value is ₹402.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 382.00 Cr. (Dec 2023) to ₹402.00 Cr., marking an increase of 20.00 Cr..
For Total Liabilities, as of Dec 2024, the value is ₹1,847.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,589.00 Cr. (Dec 2023) to ₹1,847.00 Cr., marking an increase of 258.00 Cr..
For Fixed Assets, as of Dec 2024, the value is ₹434.00 Cr.. The value appears strong and on an upward trend. It has increased from 316.00 Cr. (Dec 2023) to ₹434.00 Cr., marking an increase of 118.00 Cr..
For CWIP, as of Dec 2024, the value is ₹196.00 Cr.. The value appears strong and on an upward trend. It has increased from 86.00 Cr. (Dec 2023) to ₹196.00 Cr., marking an increase of 110.00 Cr..
For Investments, as of Dec 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2023) which recorded 0.00 Cr..
For Other Assets, as of Dec 2024, the value is ₹1,217.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,187.00 Cr. (Dec 2023) to ₹1,217.00 Cr., marking an increase of 30.00 Cr..
For Total Assets, as of Dec 2024, the value is ₹1,847.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,589.00 Cr. (Dec 2023) to ₹1,847.00 Cr., marking an increase of 258.00 Cr..

Notably, the Reserves (1,411.00 Cr.) exceed the Borrowings (13.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operating Activity +	64	65	54	50	191	95	74	102	27	128	82	258
Cash from Investing Activity +	-53	-28	-21	21	2	-310	297	-503	-39	-6	-37	-233
Cash from Financing Activity +	-11	-14	-15	-15	-16	-17	-17	-14	-14	-16	-18	-27
Net Cash Flow	1	23	18	56	177	-231	354	-415	-26	106	28	-1

Free Cash Flow

Month	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Free Cash Flow	112.00	101.00	126.00	152.00	167.00	148.00	121.00	77.00	100.00	165.00	276.00	334.00

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	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023
Debtor Days	108	108	105	118	119	88	72	77	75	57	57	74
Inventory Days	59	65	69	68	77	69	84	77	91	124	92	105
Days Payable	88	83	87	97	98	111	98	89	122	130	112	118
Cash Conversion Cycle	79	91	87	90	98	46	58	65	44	52	38	60
Working Capital Days	84	88	82	91	102	59	58	63	51	55	41	65
ROCE %	26%	27%	22%	24%	25%	24%	20%	16%	9%	11%	17%	26%

Financial Efficiency Indicators Chart

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	55.57%	55.57%	55.57%	55.57%	55.57%	55.57%	55.57%	55.57%	55.57%	55.57%	55.57%	55.57%
FIIs	1.94%	0.65%	0.55%	0.60%	0.83%	0.86%	0.84%	0.77%	1.26%	1.73%	1.57%	2.34%
DIIs	23.86%	25.18%	25.17%	24.47%	24.10%	23.21%	23.30%	23.20%	23.28%	23.26%	23.06%	20.92%
Public	18.63%	18.61%	18.71%	19.37%	19.50%	20.37%	20.29%	20.46%	19.90%	19.43%	19.81%	21.17%
No. of Shareholders	14,480	14,966	14,973	15,372	16,490	16,826	16,975	17,287	20,531	21,474	22,517	25,289

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Nippon India Multi Cap Fund	1,626,602	2.24	577.41	N/A	N/A	N/A
HDFC Mid-Cap Opportunities Fund - Regular Plan	736,302	0.44	261.37	N/A	N/A	N/A
Axis Small Cap Fund	690,296	1.25	245.04	N/A	N/A	N/A
HDFC Small Cap Fund - Regular Plan	389,784	0.48	138.37	N/A	N/A	N/A
HDFC Multi Cap Fund	387,773	1.17	137.65	N/A	N/A	N/A
Nippon India Small Cap Fund	288,000	0.22	102.23	N/A	N/A	N/A
Tata Small Cap Fund	231,256	1.34	82.09	N/A	N/A	N/A
Tata Mid Cap Growth Fund - Regular Plan	94,177	1.04	33.43	N/A	N/A	N/A
HDFC Retirement Savings Fund - Hybrid Equity - Regular Plan	36,000	0.97	12.78	N/A	N/A	N/A
WhiteOak Capital Flexi Cap Fund	30,890	0.37	10.97	N/A	N/A	N/A

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	104.92	57.54	33.53	26.13	42.15
Diluted EPS (Rs.)	104.92	57.54	33.53	26.13	42.15
Cash EPS (Rs.)	122.59	72.24	46.99	39.06	55.22
Book Value[Excl.RevalReserv]/Share (Rs.)	587.95	491.52	441.53	414.68	396.28
Book Value[Incl.RevalReserv]/Share (Rs.)	587.95	491.52	441.53	414.68	396.28
Dividend / Share (Rs.)	12.75	8.25	8.00	7.00	7.00
Revenue From Operations / Share (Rs.)	789.72	661.37	515.84	389.91	436.96
PBDIT / Share (Rs.)	158.50	91.98	58.57	48.17	73.87
PBIT / Share (Rs.)	140.80	77.27	45.10	35.25	60.79
PBT / Share (Rs.)	140.59	77.27	45.10	35.25	60.79
Net Profit / Share (Rs.)	104.90	57.53	33.52	26.13	42.14
PBDIT Margin (%)	20.07	13.90	11.35	12.35	16.90
PBIT Margin (%)	17.82	11.68	8.74	9.03	13.91
PBT Margin (%)	17.80	11.68	8.74	9.03	13.91
Net Profit Margin (%)	13.28	8.69	6.49	6.70	9.64
Return on Networth / Equity (%)	17.84	11.70	7.59	6.30	10.63
Return on Capital Employeed (%)	23.22	15.33	9.95	8.28	15.00
Return On Assets (%)	13.40	8.77	5.72	5.01	8.71
Asset Turnover Ratio (%)	1.10	1.07	0.93	0.77	0.93
Current Ratio (X)	3.10	3.34	3.65	4.46	4.92
Quick Ratio (X)	2.38	2.67	2.85	3.86	4.24
Inventory Turnover Ratio (X)	2.64	2.45	2.69	2.80	2.94
Dividend Payout Ratio (NP) (%)	7.86	13.90	20.88	26.78	20.02
Dividend Payout Ratio (CP) (%)	6.72	11.07	14.89	17.92	15.28
Earning Retention Ratio (%)	92.14	86.10	79.12	73.22	79.98
Cash Earning Retention Ratio (%)	93.28	88.93	85.11	82.08	84.72
Interest Coverage Ratio (X)	748.26	0.00	0.00	0.00	0.00
Interest Coverage Ratio (Post Tax) (X)	496.21	0.00	0.00	0.00	0.00
Enterprise Value (Cr.)	6817.43	2711.20	1644.13	1658.00	1763.03
EV / Net Operating Revenue (X)	4.25	2.02	1.57	2.09	1.99
EV / EBITDA (X)	21.19	14.52	13.83	16.95	11.76
MarketCap / Net Operating Revenue (X)	4.54	2.44	2.10	2.80	2.52
Retention Ratios (%)	92.13	86.09	79.11	73.21	79.97
Price / BV (X)	6.10	3.29	2.45	2.63	2.77
Price / Net Operating Revenue (X)	4.54	2.44	2.10	2.80	2.52
EarningsYield	0.02	0.03	0.03	0.02	0.03

After reviewing the key financial ratios for Vesuvius India Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Dec 23, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Dec 22) which recorded 10.00.
For Basic EPS (Rs.), as of Dec 23, the value is 104.92. This value is within the healthy range. It has increased from 57.54 (Dec 22) to 104.92, marking an increase of 47.38.
For Diluted EPS (Rs.), as of Dec 23, the value is 104.92. This value is within the healthy range. It has increased from 57.54 (Dec 22) to 104.92, marking an increase of 47.38.
For Cash EPS (Rs.), as of Dec 23, the value is 122.59. This value is within the healthy range. It has increased from 72.24 (Dec 22) to 122.59, marking an increase of 50.35.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Dec 23, the value is 587.95. It has increased from 491.52 (Dec 22) to 587.95, marking an increase of 96.43.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Dec 23, the value is 587.95. It has increased from 491.52 (Dec 22) to 587.95, marking an increase of 96.43.
For Dividend / Share (Rs.), as of Dec 23, the value is 12.75. This value exceeds the healthy maximum of 3. It has increased from 8.25 (Dec 22) to 12.75, marking an increase of 4.50.
For Revenue From Operations / Share (Rs.), as of Dec 23, the value is 789.72. It has increased from 661.37 (Dec 22) to 789.72, marking an increase of 128.35.
For PBDIT / Share (Rs.), as of Dec 23, the value is 158.50. This value is within the healthy range. It has increased from 91.98 (Dec 22) to 158.50, marking an increase of 66.52.
For PBIT / Share (Rs.), as of Dec 23, the value is 140.80. This value is within the healthy range. It has increased from 77.27 (Dec 22) to 140.80, marking an increase of 63.53.
For PBT / Share (Rs.), as of Dec 23, the value is 140.59. This value is within the healthy range. It has increased from 77.27 (Dec 22) to 140.59, marking an increase of 63.32.
For Net Profit / Share (Rs.), as of Dec 23, the value is 104.90. This value is within the healthy range. It has increased from 57.53 (Dec 22) to 104.90, marking an increase of 47.37.
For PBDIT Margin (%), as of Dec 23, the value is 20.07. This value is within the healthy range. It has increased from 13.90 (Dec 22) to 20.07, marking an increase of 6.17.
For PBIT Margin (%), as of Dec 23, the value is 17.82. This value is within the healthy range. It has increased from 11.68 (Dec 22) to 17.82, marking an increase of 6.14.
For PBT Margin (%), as of Dec 23, the value is 17.80. This value is within the healthy range. It has increased from 11.68 (Dec 22) to 17.80, marking an increase of 6.12.
For Net Profit Margin (%), as of Dec 23, the value is 13.28. This value exceeds the healthy maximum of 10. It has increased from 8.69 (Dec 22) to 13.28, marking an increase of 4.59.
For Return on Networth / Equity (%), as of Dec 23, the value is 17.84. This value is within the healthy range. It has increased from 11.70 (Dec 22) to 17.84, marking an increase of 6.14.
For Return on Capital Employeed (%), as of Dec 23, the value is 23.22. This value is within the healthy range. It has increased from 15.33 (Dec 22) to 23.22, marking an increase of 7.89.
For Return On Assets (%), as of Dec 23, the value is 13.40. This value is within the healthy range. It has increased from 8.77 (Dec 22) to 13.40, marking an increase of 4.63.
For Asset Turnover Ratio (%), as of Dec 23, the value is 1.10. It has increased from 1.07 (Dec 22) to 1.10, marking an increase of 0.03.
For Current Ratio (X), as of Dec 23, the value is 3.10. This value exceeds the healthy maximum of 3. It has decreased from 3.34 (Dec 22) to 3.10, marking a decrease of 0.24.
For Quick Ratio (X), as of Dec 23, the value is 2.38. This value exceeds the healthy maximum of 2. It has decreased from 2.67 (Dec 22) to 2.38, marking a decrease of 0.29.
For Inventory Turnover Ratio (X), as of Dec 23, the value is 2.64. This value is below the healthy minimum of 4. It has increased from 2.45 (Dec 22) to 2.64, marking an increase of 0.19.
For Dividend Payout Ratio (NP) (%), as of Dec 23, the value is 7.86. This value is below the healthy minimum of 20. It has decreased from 13.90 (Dec 22) to 7.86, marking a decrease of 6.04.
For Dividend Payout Ratio (CP) (%), as of Dec 23, the value is 6.72. This value is below the healthy minimum of 20. It has decreased from 11.07 (Dec 22) to 6.72, marking a decrease of 4.35.
For Earning Retention Ratio (%), as of Dec 23, the value is 92.14. This value exceeds the healthy maximum of 70. It has increased from 86.10 (Dec 22) to 92.14, marking an increase of 6.04.
For Cash Earning Retention Ratio (%), as of Dec 23, the value is 93.28. This value exceeds the healthy maximum of 70. It has increased from 88.93 (Dec 22) to 93.28, marking an increase of 4.35.
For Interest Coverage Ratio (X), as of Dec 23, the value is 748.26. This value is within the healthy range. It has increased from 0.00 (Dec 22) to 748.26, marking an increase of 748.26.
For Interest Coverage Ratio (Post Tax) (X), as of Dec 23, the value is 496.21. This value is within the healthy range. It has increased from 0.00 (Dec 22) to 496.21, marking an increase of 496.21.
For Enterprise Value (Cr.), as of Dec 23, the value is 6,817.43. It has increased from 2,711.20 (Dec 22) to 6,817.43, marking an increase of 4,106.23.
For EV / Net Operating Revenue (X), as of Dec 23, the value is 4.25. This value exceeds the healthy maximum of 3. It has increased from 2.02 (Dec 22) to 4.25, marking an increase of 2.23.
For EV / EBITDA (X), as of Dec 23, the value is 21.19. This value exceeds the healthy maximum of 15. It has increased from 14.52 (Dec 22) to 21.19, marking an increase of 6.67.
For MarketCap / Net Operating Revenue (X), as of Dec 23, the value is 4.54. This value exceeds the healthy maximum of 3. It has increased from 2.44 (Dec 22) to 4.54, marking an increase of 2.10.
For Retention Ratios (%), as of Dec 23, the value is 92.13. This value exceeds the healthy maximum of 70. It has increased from 86.09 (Dec 22) to 92.13, marking an increase of 6.04.
For Price / BV (X), as of Dec 23, the value is 6.10. This value exceeds the healthy maximum of 3. It has increased from 3.29 (Dec 22) to 6.10, marking an increase of 2.81.
For Price / Net Operating Revenue (X), as of Dec 23, the value is 4.54. This value exceeds the healthy maximum of 3. It has increased from 2.44 (Dec 22) to 4.54, marking an increase of 2.10.
For EarningsYield, as of Dec 23, the value is 0.02. This value is below the healthy minimum of 5. It has decreased from 0.03 (Dec 22) to 0.02, marking a decrease of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Vesuvius India Ltd as of April 11, 2025 is: 3,589.86

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 April 11, 2025, Vesuvius India Ltd is Overvalued by 12.19% compared to the current share price 4,088.00

Intrinsic Value of Vesuvius India Ltd as of April 11, 2025 is: 4,950.23

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 April 11, 2025, Vesuvius India Ltd is Undervalued by 21.09% compared to the current share price 4,088.00

Last 5 Year EPS CAGR: 37.89%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 20.58%, which is a positive sign. The company has higher reserves (769.67 cr) compared to borrowings (2.17 cr), indicating strong financial stability. The company has shown consistent growth in sales (524.58 cr) and profit (150.17 cr) over the years.	The stock has a high average Working Capital Days of 69.92, which may not be favorable. The stock has a high average Cash Conversion Cycle of 67.33, which may not be favorable.

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 Vesuvius India Ltd:
1. Net Profit Margin: 13.28%
  - 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: 23.22% (Industry Average ROCE: 17.34%)
  - 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%: 17.84% (Industry Average ROE: 13.08%)
  - 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): 496.21
  - 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: 2.38
  - 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: 31.4 (Industry average Stock P/E: 33.23)
  - 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
  - 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

Vesuvius India Ltd. is a Public Limited Listed company incorporated on 06/09/1991 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(CIN) is L26933WB1991PLC052968 and registration number is 052968. Currently Company is involved in the business activities of Manufacture of refractory products. Company's Total Operating Revenue is Rs. 1868.57 Cr. and Equity Capital is Rs. 20.30 Cr. for the Year ended 31/12/2024.

INDUSTRY	ADDRESS	CONTACT
Refractories	P-104, Taratala Road, Kolkata West Bengal 700088	vesuviusindia@vesuvius.com http://www.vesuviusindia.in

Management
Name	Position Held
Mr. Biswadip Gupta	Chairman
Mr. Nitin Jain	Managing Director
Mr. Sudipto Sarkar	Director
Mr. Pascal Genest	Director
Ms. Nayantara Palchoudhuri	Director
Mr. Patrick Andre	Director
Mr. Henry Knowles	Director

FAQ

What is the intrinsic value of Vesuvius India Ltd?

Vesuvius India Ltd's intrinsic value (as of 11 April 2025) is ₹3589.86 — 12.19% lower the current market price of 4,088.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 8,299 Cr. market cap, FY2025-2026 high/low of ₹6,000/3,238, reserves of 1,411 Cr, and liabilities of 1,847 Cr.

What is the Market Cap of Vesuvius India Ltd?

The Market Cap of Vesuvius India Ltd is 8,299 Cr..

What is the current Stock Price of Vesuvius India Ltd as on 11 April 2025?

The current stock price of Vesuvius India Ltd as on 11 April 2025 is 4,088.

What is the High / Low of Vesuvius India Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Vesuvius India Ltd stocks is ₹6,000/3,238.

What is the Stock P/E of Vesuvius India Ltd?

The Stock P/E of Vesuvius India Ltd is 31.4.

What is the Book Value of Vesuvius India Ltd?

The Book Value of Vesuvius India Ltd is 705.

What is the Dividend Yield of Vesuvius India Ltd?

The Dividend Yield of Vesuvius India Ltd is 0.35 %.

What is the ROCE of Vesuvius India Ltd?

The ROCE of Vesuvius India Ltd is 26.4 %.

What is the ROE of Vesuvius India Ltd?

The ROE of Vesuvius India Ltd is 20.2 %.

What is the Face Value of Vesuvius India Ltd?

The Face Value of Vesuvius India Ltd is 10.0.