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Vardhman Concrete

₹9.6 0.2 | 2%

Market Cap ₹7 Cr.

Stock P/E -5.3

P/B -0.7

Current Price ₹9.6

Book Value ₹ -13.7

Face Value 10

52W High ₹14.7

Dividend Yield 0%

52W Low ₹ 5.2

Vardhman Concrete Research see more...

Overview Inc. Year: 1982Industry: Engineering - Construction

Vardhman Concrete Ltd operates in the construction industry in India. It commonly engages within the precast prestress concrete activities, which include the layout, procurement, construction, commissioning, and control of numerous works of roads, bridges, buildings, business structures, transmission line poles, electricity stations, reactors, area centers, silos, storages godowns, culverts, docks, harbors, piers, wharves, canals, reservoirs, dams, embankments, irrigation works, reclamation, water supply works, water and drainage carriage structures, water and sewerage remedy works, sewerage disposal works, water and sewerage pumping stations, hurricane water and floor drainage, sanitation gasoline, telephonic, telegraphic and electricity supply works, and different works. It was previously known as Stresscrete India Ltd and changed its name to Vardhman Concrete Ltd in November 2010. Vardhman Concrete Ltd was established in 1982 and is based in Mumbai, India.

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Vardhman Concrete Share Price

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Vardhman Concrete Quarterly Results

#(Fig in Cr.) Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 0 0 0 0 0 0 0 0 0 0
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 0 0 0 0 0 0 0 0 0 0
Total Expenditure 0 0 0 0 0 0 0 0 0 1
Operating Profit -0 -0 -0 -0 -0 -0 -0 -0 -0 -1
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -0 -0 -0 -0 -0 -0 -0 -0 -0 -1
Provision for Tax -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Profit After Tax -0 -0 -0 -0 -0 -0 -0 -0 -0 -1
Adjustments 0 0 0 0 0 0 -0 0 0 0
Profit After Adjustments -0 -0 -0 -0 -0 -0 -0 -0 -0 -1
Adjusted Earnings Per Share -0.1 -0.1 -0 -0.1 -0.2 -0.4 -0.1 -0.1 -0.1 -1.5

Vardhman Concrete Profit & Loss

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
Net Sales 4 0 0 3 2 0 0 0 0 0 0 0
Other Income 0 0 0 0 0 0 0 0 0 0 0 0
Total Income 4 0 0 3 2 0 0 0 0 0 0 0
Total Expenditure 2 0 0 0 2 0 0 0 0 0 1 1
Operating Profit 3 -0 -0 2 -0 0 0 -0 -0 -0 -1 -1
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses -1 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 1 -0 -1 2 -0 -0 -0 -0 -0 -0 -1 -1
Provision for Tax -0 0 -0 -0 -0 -0 -0 -0 -0 -0 -0 0
Profit After Tax 2 -0 -1 2 -0 -0 -0 -0 -0 -0 -1 -1
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 2 -0 -1 2 -0 -0 -0 -0 -0 -0 -1 -1
Adjusted Earnings Per Share 2.3 -0.5 -0.8 2.6 -0.6 -0 -0.3 -0.5 -0.5 -0.6 -1.8 -1.8

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% 0% 0% -100%
Operating Profit CAGR 0% 0% 0% NAN%
PAT CAGR 0% 0% 0% NAN%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 34% 39% 11% -6%
ROE Average 0% 0% 0% 0%
ROCE Average -18% -8% -5% 1%

Vardhman Concrete Balance Sheet

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Shareholder's Funds -8 -8 -9 -7 -7 -7 -7 -8 -8 -8 -10
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 1 1 1 1 1 1 1 1
Total Current Liabilities 19 19 20 18 14 14 14 14 15 15 15
Total Liabilities 12 12 12 12 8 8 8 8 8 8 7
Fixed Assets 1 1 1 1 1 1 1 1 0 0 0
Other Non-Current Assets 0 0 0 6 4 4 4 4 4 4 4
Total Current Assets 11 11 11 5 4 4 3 3 3 3 3
Total Assets 12 12 12 12 8 8 8 8 8 8 7

Vardhman Concrete Cash Flow

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Opening Cash & Cash Equivalents 0 1 1 0 0 0 0 0 0 0 0
Cash Flow from Operating Activities 4 -0 -0 2 2 0 -0 -0 -0 -0 -0
Cash Flow from Investing Activities 0 0 0 0 0 0 0 0 0 -0 0
Cash Flow from Financing Activities -4 -0 0 -2 -2 -0 0 0 0 0 0
Net Cash Inflow / Outflow 0 0 0 -0 -0 -0 0 0 -0 -0 0
Closing Cash & Cash Equivalent 1 1 1 0 0 0 0 0 0 0 0

Vardhman Concrete Ratios

# Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Earnings Per Share (Rs) 2.32 -0.52 -0.77 2.55 -0.58 -0.03 -0.27 -0.5 -0.5 -0.57 -1.81
CEPS(Rs) 2.59 -0.45 -0.7 2.62 -0.51 0.04 -0.2 -0.43 -0.43 -0.5 -1.74
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) -10.81 -11.33 -12.1 -9.54 -10.12 -10.15 -10.42 -10.86 -11.36 -11.93 -13.73
Core EBITDA Margin(%) 62.77 -113.47 0 82.95 -11.68 52.83 0 0 0 0 0
EBIT Margin(%) 40.82 -48.6 0 83.08 -12.23 55.32 0 0 0 0 0
Pre Tax Margin(%) 30.63 -208.61 0 72.83 -22.35 -8.32 0 0 0 0 0
PAT Margin (%) 39.61 -226.62 0 73.09 -20.73 -5.66 0 0 0 0 0
Cash Profit Margin (%) 44.38 -197.18 0 75.04 -18.3 8.21 0 0 0 0 0
ROA(%) 12.68 -3.17 -4.71 15.64 -4.22 -0.25 -2.48 -4.68 -4.74 -5.36 -18.39
ROE(%) 0 0 0 0 0 0 0 0 0 0 0
ROCE(%) 16.79 -0.88 -3.47 23.78 -3.26 3 -0.54 -2.36 -2.33 -2.91 -17.58
Receivable days 519.53 0 0 0 0 0 0 0 0 0 0
Inventory Days 0 0 0 0 0 0 0 0 0 0 0
Payable days 209.2 9195.49 0 0 0 0 0 0 0 0 0
PER(x) 7.41 0 0 4.46 0 0 0 0 0 0 0
Price/Book(x) -1.59 -1.32 -1.34 -1.19 -0.53 0 -0.5 -0.32 -0.67 -0.95 -0.66
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 6.81 164.94 0 9.11 8.43 57.24 0 0 0 0 0
EV/Core EBITDA(x) 10.71 -861.05 -107.97 10.71 -85.99 82.74 1291.05 -148.03 -183.03 -155.39 -20.64
Net Sales Growth(%) 734.54 -96.06 -100 0 -20 -82.5 -100 0 0 0 0
EBIT Growth(%) 946.83 -104.69 -290.43 764.25 -111.78 179.15 -118.26 -341.6 1.32 -24.86 -458.22
PAT Growth(%) 315.19 -122.54 -47.14 432.54 -122.68 95.22 -863.02 -86.61 -1 -12.57 -219.69
EPS Growth(%) 315.19 -122.54 -47.14 432.54 -122.68 95.22 -863.17 -86.57 -1.01 -12.56 -219.69
Debt/Equity(x) -2.21 -2.14 -2.05 -2.28 -1.92 -1.9 -1.91 -1.86 -1.83 -1.79 -1.58
Current Ratio(x) 0.57 0.56 0.54 0.29 0.25 0.25 0.24 0.24 0.23 0.23 0.16
Quick Ratio(x) 0.57 0.56 0.54 0.29 0.25 0.25 0.24 0.24 0.23 0.23 0.16
Interest Cover(x) 4.01 -0.3 -1.26 8.1 -1.21 0.87 -0.21 -0.74 -0.71 -0.86 -4.66
Total Debt/Mcap(x) 1.36 1.58 1.5 1.86 3.52 0 3.74 5.78 2.68 1.84 2.37

Vardhman Concrete Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 61.14 61.14 61.14 61.14 61.14 61.1 61.02 61.02 61.02 56.67
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 38.86 38.86 38.86 38.86 38.86 38.9 38.98 38.98 38.98 43.33
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Stock is trading at -0.7 times its book value
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 0% over the last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Vardhman Concrete News

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