| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Vanaz Engineers Limited |
|
Particulars |
31 March, 2023 |
31 March, 2022 |
|
ASSETS |
|
|
|
Non-Current Assets |
|
|
|
Fixed Assets |
|
|
|
Tangible Assets |
21.11 |
21.52 |
|
Intangible Assets |
0.24 |
0.17 |
|
Capital Work-in-Progress |
10.99 |
9.94 |
|
Intangible Assets Under Development |
- |
- |
|
Non-Current Investments |
- |
- |
|
Deferred Tax Assets |
- |
- |
|
Long Term Loans and Advances |
- |
0.02 |
|
Other Non-Current Assets |
0.92 |
0.62 |
|
Current Assets |
|
|
|
Current Investments |
- |
- |
|
Inventories |
21.10 |
16.71 |
|
Trade Receivables |
43.00 |
27.13 |
|
Cash and Cash Equivalents |
174.33 |
153.26 |
|
Short Term Loans and Advances |
0.08 |
0.08 |
|
Other Current Assets |
5.47 |
4.28 |
|
Total Assets |
277.24 |
233.72 |
|
EQUITY AND LIABILITIES |
|
|
|
Shareholder’s Funds |
|
|
|
Share Capital |
2.15 |
2.16 |
|
Reserves and Surplus |
229.78 |
198.64 |
|
Money Received Against Share Warrants |
- |
- |
|
Share Application Money Pending Allotment |
- |
- |
|
Non-Current Liabilities |
|
|
|
Long Term Borrowings |
- |
0.06 |
|
Deferred Tax Liabilities |
0.17 |
0.21 |
|
Other Long-Term Liabilities |
- |
- |
|
Long Term Provisions |
4.02 |
8.63 |
|
Current Liabilities |
|
|
|
Short Term Borrowings |
0.06 |
0.12 |
|
Trade Payables |
16.24 |
9.05 |
|
Other Current Liabilities |
17.09 |
11.18 |
|
Short Term Provisions |
7.72 |
3.68 |
|
Total Equity and Liabilities |
277.24 |
233.72 |
|
Particulars |
31-Mar-23 |
31-Mar-22 |
|
Revenue from operations |
266.04 |
172.60 |
|
Other income |
8.72 |
7.52 |
|
Total Income |
274.76 |
180.12 |
|
Expenses |
0 |
0 |
|
Cost of materials consumed |
135.05 |
81.72 |
|
Purchases of stock in trade |
5.20 |
6.49 |
|
Changes in inventory |
(2.26) |
0.96 |
|
Employee benefit expenses |
34.31 |
30.37 |
|
Finance costs |
0.01 |
0.02 |
|
Depreciation and amortization |
1.76 |
2.00 |
|
Other expenses |
37.45 |
27.74 |
|
Total expenses |
211.52 |
150.32 |
|
Total revenue less total expenses |
63.23 |
29.81 |
|
Prior period and exceptional items |
0.17 |
0.41 |
|
Profit before extraordinary items |
63.41 |
30.21 |
|
Extraordinary items |
- |
- |
|
Profit before tax |
63.41 |
30.21 |
|
Current tax expense |
16.54 |
8.00 |
|
Deferred tax expense |
(0.04) |
2.07 |
|
Profit from continuing operations |
46.90 |
20.15 |
|
Profit from discontinuing operations (after tax) |
- |
- |
|
Net profit/loss |
46.90 |
20.15 |
|
Earnings per equity share |
|
|
|
Basic |
2.18 |
0.93 |
|
Diluted |
2.18 |
0.93 |
|
Ratios |
31st March, 2023 |
31st March, 2022 |
|
Total Debt/Equity Ratio |
0.07 |
0.06 |
|
Total Debt/Total Assets Ratio |
0.06 |
0.05 |
|
Total Assets/Equity Ratio |
1.20 |
1.16 |
|
Net Debt/Equity Ratio |
0.00 |
0.00 |
|
Quick Ratio |
5.29 |
7.51 |
|
Current Ratio |
5.93 |
8.39 |
|
Interest Coverage Ratio |
5,019.63 |
1,597.97 |
|
Gross Margin |
48.13 |
48.34 |
|
Net Margin |
17.07 |
11.19 |
|
EBITDA Margin |
23.66 |
18.23 |
|
Return on Fixed Assets |
145.05 |
63.70 |
|
Return on Equity |
20.22 |
10.03 |
|
Return on Capital Employed |
19.94 |
9.64 |
|
Total Asset Turnover |
0.99 |
0.77 |
|
Fixed Asset Turnover |
8.23 |
5.46 |
Insight of the financial ratios of Vanaz Engineers Limited for March 31, 2023
Based on the financial ratios provided for Vanaz Engineers Limited for March 31, 2023, compared to March 31, 2022, here are some insights:
Total Debt/Equity Ratio: The Company’s leverage has slightly increased from 0.06 to 0.07, indicating a slightly higher reliance on debt financing relative to equity.
Total Debt/Total Assets Ratio: There 's a slight increase in the proportion of debt used to finance assets, suggesting a slightly higher risk associated with the company 's capital structure.
Total Assets/Equity Ratio: The ratio has increased from 1.16 to 1.20, indicating a slight increase in assets relative to equity.
Quick Ratio and Current Ratio: Both liquidity ratios have decreased significantly, indicating a reduction in the company 's short-term liquidity compared to the previous year.
Interest Coverage Ratio: There 's a substantial improvement in the company 's ability to cover interest expenses, with the ratio increasing significantly from 1,597.97 to 5,019.63. This suggests a better financial health and ability to meet interest obligations.
Profitability Ratios:
Gross Margin: Slightly decreased from 48.34% to 48.13%.
Net Margin: There 's a significant improvement in net margin, from 11.19% to 17.07%, indicating better control over expenses or increased revenue.
EBITDA Margin: Improved significantly from 18.23% to 23.66%, indicating better operational efficiency.
Return on Fixed Assets, Return on Equity, and Return on Capital Employed: All profitability ratios have increased, indicating better utilization of assets and equity to generate profits.
Asset Utilization Ratios:
Total Asset Turnover: Improved from 0.77 to 0.99, indicating more efficient use of assets to generate revenue.
Fixed Asset Turnover: Also improved, suggesting better utilization of fixed assets.
In Summary, Overall, Vanaz Engineers Limited has shown improvements in profitability, asset utilization, and interest coverage, but there are slight concerns regarding increased leverage and reduced liquidity. However, the significant improvement in interest coverage ratio is a positive sign for the company 's financial health.
|
Particulars |
2023 |
2022 |
|
|
Dividend (Final +Interim) (In Rs.) |
70.00 |
50.00 |
|
|
Retained Earnings (In Rs. Crores) |
211.02 |
174.56 |
|
