Valiant Organics Ltd Q4 FY24 Share Price & Earnings Call Analysis

Financials of Valiant Organics Ltd

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

Financials of Valiant Organics Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +227177182141177168160187204204157159218
Expenses +183156165138179152158172183180136143191
Operating Profit4420174-2162152125211626
OPM %19%11%9%3%-1%9%1%8%10%12%13%10%12%
Other Income +1600202511074
Interest3444758656453
Depreciation8889999999101010
Profit before tax34145-9-162-1367107817
Tax %24%25%26%-22%-32%118%-12%16%44%28%24%27%11%
Net Profit +26104-7-11-0-115486615
EPS in Rs9.653.821.44-2.43-3.86-0.16-4.041.681.412.712.002.165.40

Financials of Valiant Organics Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +595273121606584574948912677719738
Expenses +48365594426410417783782638665650
Operating Profit11161826179174157165130395488
OPM %19%30%25%22%30%30%27%17%14%6%7%12%
Other Income +11215517689813
Interest1000213611192418
Depreciation11221213192728343640
Profit before tax11161825171165152137100-5243
Tax %34%35%35%35%29%25%25%25%24%-41%224%20%
Net Profit +710121612112411510376-3-334
EPS in Rs103.8614.0315.9213.97103.6551.0042.2037.9127.83-1.10-1.0712.26
Dividend Payout %50%71%16%23%6%11%12%9%4%0%0%0%

Financials of Valiant Organics Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.36446612272727282828
Reserves21194253254374475576638637634669
Borrowings +811153119150306220216212219
Other Liabilities +1117233689125154174220262206215
Total Liabilities404169964026298061,0831,1061,1421,0791,131
Fixed Assets +11122631130256478509610630644683
CWIP1000661294611070866621
Investments22772034425353545464
Other Assets +26263558187210240410373371315364
Total Assets404169964026298061,0831,1061,1421,0791,131

Financials of Valiant Organics 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 +61891877160115-11183855944
Cash from Investing Activity +-1-1-1-6-88-191-135-120-91-65-27-39
Cash from Financing Activity +-5-16-4-523522146-109-23-28-11
Net Cash Flow-0047-85114-17-34-6
Free Cash Flow516511-6-42-37-12696202911
CFO/OP89%150%87%97%69%115%94%10%154%220%109%47%

Financials of Valiant Organics Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days747188112736974978511388120
Inventory Days4236974445478558691047176
Days Payable750130154809713576100189117102
Cash Conversion Cycle110575523720258054284395
Working Capital Days535969415121494-7-1618
ROCE %43%61%52%48%91%41%27%18%12%1%3%6%