Vidarbha Iron & Steel Corporation
Vidarbha Iron & Steel Corporation
Financial ServicesTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Company is almost debt free.
Weaknesses
2- Company has low interest coverage ratio.
- Company has a low return on equity of -83.3% over last 3 years.
Growth Rate
Quarterly Results
| Particulars | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Jun 2018 | Mar 2019 | Jun 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.05 | 0.05 | 0.05 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.04 | 0.04 | 0.03 | 0.05 | 0.04 | 0.02 | 0.04 | 0.04 | 0.03 | 0.03 | 0 | 0.12 | 0.04 |
| Operating Profit | 0.01 | 0.01 | 0.02 | -0.05 | -0.04 | -0.02 | -0.04 | -0.04 | -0.03 | -0.03 | 0 | -0.12 | -0.04 |
| OPM % | 20% | 20% | 40% | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0 | 0.01 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| PBT | 0.01 | 0.01 | 0.02 | -0.05 | -0.04 | -0.02 | -0.04 | -0.05 | -0.03 | -0.04 | -0.01 | -0.13 | -0.05 |
| Tax % | 0% | 0% | 50% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | 0.01 | 0.01 | 0.01 | -0.04 | -0.04 | -0.02 | -0.04 | -0.05 | -0.03 | -0.04 | -0.01 | -0.13 | -0.04 |
Profit & Loss
| Particulars | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.21 | 0.21 | 0.21 | 0.21 | 3 | 12.96 | 7.85 | 0.21 | 0.21 | 0 | 0 | 0 |
| Expenses | 0.06 | 0.52 | 0.11 | 0.05 | 2.83 | 12.83 | 7.92 | 0.16 | 0.15 | 0.13 | 0.1 | 0.01 |
| Operating Profit | 0.15 | -0.31 | 0.1 | 0.16 | 0.17 | 0.13 | -0.07 | 0.05 | 0.06 | -0.13 | -0.1 | -0.01 |
| OPM % | 71.43% | -147.62% | 47.62% | 76.19% | 5.67% | 1% | -0.89% | 23.81% | 28.57% | — | — | — |
| Other Income | 1.71 | 1.14 | 0.08 | 0.06 | 0.06 | 0.13 | 0.41 | 0.03 | 0.04 | 0.03 | 0.01 | 0 |
| Interest | 0.01 | 0.01 | 0 | 0 | 0.03 | 0.08 | 0.05 | 0 | 0.01 | 0 | 0 | 0 |
| Depreciation | 0.18 | 0.12 | 0.1 | 0.08 | 0.07 | 0.05 | 0.05 | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 |
| PBT | 1.67 | 0.7 | 0.08 | 0.14 | 0.13 | 0.13 | 0.24 | 0.04 | 0.05 | -0.13 | -0.12 | -0.04 |
| Tax % | 0.6% | 1.43% | 12.5% | 0% | -7.69% | 30.77% | 16.67% | 25% | 20% | 0% | 0% | 0% |
| Net Profit | 1.66 | 0.69 | 0.07 | 0.14 | 0.14 | 0.09 | 0.2 | 0.02 | 0.03 | -0.14 | -0.13 | -0.04 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 |
| Reserves | -2.08 | -1.39 | -1.31 | -1.16 | -1.02 | -0.93 | -0.73 | -0.71 | -0.69 | -0.82 | -0.95 | -0.99 |
| Borrowings | 0.57 | 0.57 | 0.57 | 0.55 | 0 | 0 | 0 | 0.04 | 0.03 | 0 | 0 | 0 |
| Other Liabilities | 3.08 | 4.46 | 3.23 | 3.57 | 6.52 | 6.84 | 2.12 | 2.02 | 1.98 | 2.07 | 1.98 | 1.8 |
| Total Liabilities | 2.56 | 4.63 | 3.48 | 3.95 | 6.49 | 6.9 | 2.38 | 2.34 | 2.31 | 2.24 | 2.02 | 1.8 |
| Fixed Assets | 1.86 | 2.16 | 1.86 | 1.72 | 1.65 | 1.59 | 1.51 | 1.53 | 1.48 | 1.39 | 1.35 | 1.28 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0.7 | 2.47 | 1.62 | 2.22 | 4.84 | 5.31 | 0.87 | 0.81 | 0.83 | 0.85 | 0.67 | 0.52 |
| Total Assets | 2.56 | 4.63 | 3.48 | 3.95 | 6.49 | 6.9 | 2.38 | 2.34 | 2.31 | 2.24 | 2.02 | 1.8 |
Cash Flow
| Particulars | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -0.11 | 0.08 | 0.01 | 0.3 | 0.73 | 0.02 | -0.24 | -0.11 | -0.03 | -0.05 | 0.39 | -0.14 |
| Investing | 0 | 0.04 | 0.14 | 0.05 | 0.01 | 0.12 | 0.23 | -0.03 | 0.03 | 0.05 | -0.4 | 0.14 |
| Financing | 0 | -0.01 | -0.01 | -0.03 | -0.6 | -0.08 | -0.05 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow | -0.11 | 0.11 | 0.14 | 0.32 | 0.14 | 0.06 | -0.06 | -0.14 | 0 | 0 | -0.01 | -0.01 |
| Free Cash Flow | -0.11 | 0.12 | 0.15 | 0.35 | 0.74 | 0.02 | -0.09 | -0.17 | -0.03 | -0.01 | 0.39 | -0.1 |
| CFO/OP | -67 | -29 | 20 | 188 | 429 | 46 | 271 | -180 | -17 | 38 | -390 | 1,400 |
Ratios
| Particulars | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 2,781 | 852 | 1,477 | 449 | 114 | 0 | 0 | 0 | — | — | — |
| Inventory Days | — | — | — | — | 0 | 0 | 0 | — | — | — | — | — |
| Cash Conversion Cycle | 0 | 2,781 | 852 | 1,477 | 449 | 114 | 0 | 0 | 0 | — | — | — |
| Working Capital Days | -3,233 | -2,746 | -2,364 | -2,468 | -237 | -56.61 | -60.91 | -2,016 | -1,895 | — | — | — |
| ROCE % | — | — | 38.1% | 50.79% | 91.43% | 1400% | 112.5% | 13.79% | 18.46% | -48% | -114.29% | -200% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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50 extracted metrics + investor summaries across FY07–FY18.
Documents
Frequently Asked Questions about Vidarbha Iron & Steel Corporation
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Company Information
Vidarbha Iron & Steel Corporation engaged in the production of sponge iron and other steel products then supplies its products to automobile, railways, defence and engineering sectors.
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