---
title: "Vinay Cements Ltd (518051) — Share Price, Financials & Analysis"
symbol: "518051"
company: "Vinay Cements Ltd"
canonical: "https://tapetide.com/stocks/518051"
isin: "INE534C01016"
bse_code: "518051"
sector: "Commodities"
industry: "Cement & Cement Products"
generated_at: "2026-09-13T19:31:54.023Z"
---

# Vinay Cements Ltd (518051)

Canonical page: https://tapetide.com/stocks/518051

## Company

- **BSE Code:** 518051
- **ISIN:** INE534C01016
- **Sector:** Commodities
- **Industry:** Cement & Cement Products
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** bkgroup-corp.com

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- Debtor days have increased from 53.2 to 93.3 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -27% | 14% | — |
| revenue growth | 63% | 80% | -9% |

## Financial Statements

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 36 | 49 | 34 | 34 | 39 | 12 | 4 | 25 | 15 | 25 |
| Expenses | 34 | 41 | 34 | 35 | 36 | 23 | 37 | 37 | 27 | 43 |
| Operating Profit | 2 | 8 | 1 | 0 | 4 | -11 | -32 | -12 | -12 | -18 |
| OPM % | 4.4 | 16 | 1.6 | -1.4 | 9 | -92 | -765 | -50 | -77 | -74 |
| Other Income | 7 | 4 | 7 | 5 | 0 | 0 | -12 | 1 | 3 | 11 |
| Interest | 1 | 1 | 1 | 1 | 1 | 2 | 10 | 9 | 10 | 19 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 1 | 1 |
| Profit before tax | 6 | 8 | 3 | 0 | 0 | -16 | -57 | -23 | -20 | -27 |
| Tax % | 0 | 3 | 13 | 665 | -762 | -9 | 4 | 1 | 1 | -6 |
| Net Profit | 6 | 8 | 3 | -3 | 1 | -14 | -59 | -23 | -20 | -25 |
| EPS in Rs | — | — | 1.56 | -1.47 | 0.37 | -7.53 | -31.2 | -12.08 | -10.49 | -13.29 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 10 | 10 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
| Reserves | 23 | 31 | 57 | 54 | 55 | 40 | -19 | -42 | -62 | -87 |
| Borrowings | 7 | 8 | 12 | 10 | 10 | 27 | 41 | 63 | 93 | 131 |
| Other Liabilities | 17 | 16 | 19 | 30 | 38 | 24 | 38 | 38 | 40 | 40 |
| Total Liabilities | 57 | 66 | 106 | 112 | 121 | 110 | 79 | 78 | 90 | 104 |
| Fixed Assets | 20 | 19 | 19 | 16 | 15 | 11 | 9 | 6 | 6 | 7 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 6 | 7 | 44 | 46 | 50 | 53 | 53 | 53 | 53 | 53 |
| Other Assets | 31 | 40 | 43 | 50 | 56 | 46 | 17 | 19 | 31 | 44 |
| Total Assets | 57 | 66 | 106 | 112 | 121 | 110 | 79 | 78 | 90 | 104 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 6 | 2 | 6 | 5 | 9 | 5 | -5 | -16 | -19 | -31 |
| Cash from Investing Activity | -5 | -3 | -39 | -2 | -5 | -3 | 0 | 0 | -4 | -5 |
| Cash from Financing Activity | 0 | 1 | 33 | -3 | -4 | -2 | 5 | 16 | 23 | 36 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 7 | 1 | 4 | 5 | 8 | 2 | -5 | -16 | -20 | -32 |
| CFO/OP | 401 | 30 | 1169 | -1033 | 260 | -40 | 15 | 123 | 163 | 166 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 163 | 150 | 242 | 206 | 195 | 408 | 0 | 24 | 43 | 93 |
| Inventory Days | 491 | 338 | 451 | — | 1433 | — | 671 | 93 | — | — |
| Days Payable | 544 | 309 | 394 | — | 792 | — | 1228 | 181 | — | — |
| Cash Conversion Cycle | 110 | 179 | 299 | 206 | 836 | 408 | -557 | -63 | 43 | 93 |
| Working Capital Days | 138 | 172 | 248 | 244 | 187 | 412 | -2527 | -465 | -675 | -265 |
| ROCE % | — | 20 | 7 | 2 | 2 | -16 | -54 | -31 | -22 | -14 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 3 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 335.13 | Sell |
| EMA (10) | 332.95 | Sell |
| SMA (20) | 345.25 | Sell |
| EMA (20) | 343.41 | Sell |
| SMA (50) | 374.78 | Sell |
| EMA (50) | 363.98 | Sell |
| SMA (100) | 388.28 | Sell |
| EMA (100) | 381.4 | Sell |
| SMA (200) | 405.66 | Sell |
| EMA (200) | 390.34 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 31.72 | Neutral |
| MACD (12,26,9) | -13.28 | Sell |
| Stochastic (14,3,3) | 8.72 | Buy |
| ADX (14) | 26.12 | Buy |
| Williams %R (14) | -93.54 | Buy |
| ATR (14) | 12.72 | High Volatility |
| ROC (12) | -9.84 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 44.45 | Neutral |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:31:54.023Z.