Tvs Electronics revenue growth accelerated to 9.2% in FY2015 vs. 5.2% a year earliner
06-05-2015 • About Tvs Electronics (
$TVSEL) • By InTwits
Tvs Electronics reported FY2015 financial results today. Below you can find a comprehensive analysis of the key data driving the company's performance and stock price.
Tvs Electronics ($TVSEL) key annual financial indicators
| mln. INR | 2011 | 2012 | 2013 | 2014 | 2015 | 2015/2014 |
|---|
P&L
|
|---|
| Revenue | 1,814 | 2,166 | 2,351 | 2,473 | 2,699 | 9.2% |
| EBITDA | 122 | 93 | | | 158 | |
| Net Income | 15 | 13 | -42 | 6 | 23 | 286.4% |
Balance Sheet
|
|---|
| Cash | 14 | | | | | |
| Short Term Debt | 211 | | | | | |
| Long Term Debt | 239 | | | | | |
Cash flow
|
|---|
| Capex | 3 | | | | | |
Ratios
|
|---|
| Revenue growth | -43.6% | 19.4% | 8.5% | 5.2% | 9.2% | |
| EBITDA growth | 357.5% | -23.6% | | | | |
| EBITDA Margin | 6.7% | 4.3% | 0.0% | 0.0% | 5.9% | 5.9% |
| Net Income Margin | 0.8% | 0.6% | -1.8% | 0.2% | 0.8% | 0.6% |
| CAPEX, % of revenue | 0.2% | | | | | 0.0% |
| ROIC | 9.0% | | | | | 0.0% |
| ROE | 4.0% | | | | | 0.0% |
| Net Debt/EBITDA | 3.6x | 0.0x | | | 0.0x | 0.0x |
Revenue and profitability
Tvs Electronics's Revenue increased on 9.2% in FY2015.
Net Income marign increased slightly on 0.61 pp from 0.24% to 0.84% in FY2015.
Appendix 1: Peers in
Below you can find Tvs Electronics benchmarking vs. other companies in industry. It's shown for the period of 5 years for the key financial metrics. Each table has median value for all the companies in the industry together with individual financial data of the top-5 companies in the industry by particular financial metric.
Top companies by Revenue growth, %
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Bharat Rasayan ($BHARATRA) | -82.3% | 51.3% | 32.1% | 92.7% | |
| Indbulbbph ($INDBULBBPH) | -54.2% | -3.2% | -6.5% | 33.5% | |
| Uplbbph ($UPLBBPH) | | 33.2% | 19.7% | 17.3% | 10.9% |
| Ginni Filaments ($GINNIFIL) | | 2.8% | 4.6% | 16.6% | -2.3% |
| Monetbbph ($MONETBBPH) | -58.7% | 22.3% | 3.7% | 11.6% | |
| |
|---|
| Median (17 companies) | -36.1% | 17.4% | 10.8% | 3.5% | -2.3% |
|---|
| Tvs Electronics ($TVSEL) | | 19.4% | 8.5% | 5.2% | 9.2% |
Top companies by Gross margin, %
| Top | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Jenson & Nicholson Financial Services ($JNFSL) | | 0.0% | 0.0% | 0.0% | 0.0% |
| Bombay Drugs & Pharmas ($BOMDRDM) | | 0.0% | 0.0% | 0.0% | 0.0% |
| Southern Herbals ($SOUTHNHE) | | 0.0% | 0.0% | 0.0% | 0.0% |
| Tafnccpeq ($TAFNCCPEQ) | | 0.0% | 0.0% | 0.0% | 0.0% |
| |
|---|
| Median (4 companies) | | 0.0% | 0.0% | 0.0% | 0.0% |
|---|
Top companies by EBITDA margin, %
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Madras Fertilizers ($MADRASFERT) | 48.3% | 64.5% | 31.7% | 61.2% | |
| Kaleconbbph ($KALECONBBPH) | | 27.7% | 44.3% | 43.5% | |
| Indbulbbph ($INDBULBBPH) | 27.9% | 36.7% | 34.6% | 29.5% | |
| Indian Metals & Ferro Alloys ($INDMETA-B) | 33.0% | 20.4% | 21.4% | 23.2% | |
| Uplbbph ($UPLBBPH) | 18.8% | 18.2% | 18.3% | 18.8% | 20.0% |
| |
|---|
| Median (16 companies) | 14.8% | 15.4% | 12.6% | 14.6% | 10.4% |
|---|
Top companies by CAPEX/Revenue, %
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Monetbbph ($MONETBBPH) | 9.6% | 131.4% | 5.2% | 139.2% | |
| Jklakbbph ($JKLAKBBPH) | 23.6% | 28.5% | 28.8% | 24.6% | |
| Rilbbph ($RILBBPH) | 12.7% | 4.6% | 7.7% | 13.8% | 16.9% |
| Indian Metals & Ferro Alloys ($INDMETA-B) | 27.1% | 33.6% | 18.7% | 10.1% | |
| Bharat Rasayan ($BHARATRA) | 3.0% | 32.9% | 41.5% | 7.1% | |
| |
|---|
| Median (14 companies) | 7.1% | 8.8% | 5.2% | 3.8% | 5.0% |
|---|
Top companies by ROIC, %
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Kaleconbbph ($KALECONBBPH) | | | 89.0% | 103.8% | |
| Madras Fertilizers ($MADRASFERT) | 52.6% | 44.7% | 18.0% | 23.9% | |
| Bharat Rasayan ($BHARATRA) | 10.0% | 22.1% | 13.7% | 21.9% | |
| Ginni Filaments ($GINNIFIL) | 11.6% | -1.0% | 15.2% | 21.6% | 12.8% |
| Uplbbph ($UPLBBPH) | 16.3% | 17.1% | 15.9% | 18.2% | 22.1% |
| |
|---|
| Median (28 companies) | 10.9% | 8.5% | 6.7% | 5.6% | 0.0% |
|---|
| Tvs Electronics ($TVSEL) | 9.0% | | | | |
Top companies by Net Debt / EBITDA
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Monetbbph ($MONETBBPH) | 5.3x | 9.8x | 16.3x | 27.4x | |
| Asleyf ($ASLEYF) | 2.0x | 2.5x | 5.0x | 17.8x | |
| Indbulbbph ($INDBULBBPH) | 8.5x | 4.3x | 4.8x | 5.5x | |
| Jklakbbph ($JKLAKBBPH) | 3.0x | 2.1x | 2.3x | 5.3x | |
| Madras Fertilizers ($MADRASFERT) | 5.5x | 3.5x | 6.5x | 5.0x | |
| |
|---|
| Median (17 companies) | 1.8x | 2.1x | 2.3x | 2.4x | 3.4x |
|---|
