Vakrangee Ltd Q2 FY24 Share Price & Earnings Call Analysis

Financials of Vakrangee Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Vakrangee Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +50.9455.5951.5451.5653.8958.7065.2567.8863.1868.8469.0860.1056.74
Expenses +46.2248.9745.6245.3346.2852.1460.0162.4056.3561.0261.8152.3151.97
Operating Profit4.726.625.926.237.616.565.245.486.837.827.277.794.77
OPM %9.27%11.91%11.49%12.08%14.12%11.18%8.03%8.07%10.81%11.36%10.52%12.96%8.41%
Other Income +0.860.310.871.320.390.890.820.751.551.511.641.472.03
Interest1.521.991.831.931.960.450.600.380.400.360.350.440.37
Depreciation3.393.953.973.923.853.894.284.244.294.304.454.614.24
Profit before tax0.670.990.991.702.193.111.181.613.694.674.114.212.19
Tax %-1.49%49.49%57.58%26.47%0.00%27.97%50.85%35.40%31.71%28.91%26.28%25.18%26.48%
Net Profit +0.680.490.421.242.192.240.591.042.523.323.033.151.62
EPS in Rs0.010.000.000.010.020.020.010.010.020.030.030.030.02

Financials of Vakrangee Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +2,7803,1914,0006,5021,508685314194197213255255
Expenses +2,0572,3703,0545,4951,530661286176179186231227
Operating Profit7238219461,007-2224281819262428
OPM %26%26%24%15%-1%3%9%9%9%12%9%11%
Other Income +6653482837021347
Interest7556501000002822
Depreciation165164737915151516161718
Profit before tax4896068281,0245192835361015
Tax %34%35%36%34%51%22%24%100%63%26%33%27%
Net Profit +322395531680257163014611
EPS in Rs3.203.735.026.430.240.670.590.000.010.040.060.10
Dividend Payout %4%17%20%4%105%37%17%530%122%0%0%

Financials of Vakrangee Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital505353106106106106106106106108108
Reserves1,1571,5302,0012,4872,4962,5312,55822185694105
Borrowings +416320144000027581254
Other Liabilities +4141897140011618221217811612610294
Total Liabilities2,0372,0922,2682,9932,7182,8192,876333298300309312
Fixed Assets +2731322990143149156139127114110117
CWIP1000313556810179
Investments22229431237452
Other Assets +1,7531,9592,2382,8712,5582,6622,714186160169177134
Total Assets2,0372,0922,2682,9932,7182,8192,876333298300309312

Financials of Vakrangee Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +-1272669530-708-51-3121-4231-2161
Cash from Investing Activity +-0-954-993568501-5-7-12-57
Cash from Financing Activity +10-112-142-136-32-30-261725-930-1
Net Cash Flow9151581294-705-13-739-2215-32
Free Cash Flow-4260705459-779-58-5220-4726-3545
CFO/OP20%69%102%91%3,170%-153%-96%156%-186%138%-111%230%

Financials of Vakrangee Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1579775733197291,3017974753929
Inventory Days318122335
Days Payable391821737
Cash Conversion Cycle14916075733197291,3017974754528
Working Capital Days124137129553108942,188-145-53-64-5
ROCE %39%37%43%43%2%3%3%0%3%7%6%8%