Value Industries reports 74.1% revenue decline in FY2015
12-02-2016 • About Value Industries (
$VALUEIND) • By InTwits
Value Industries reported FY2015 financial results today. Overall the company's long term financial model is characterised by the following facts: Value Industries is a company in decline: FY2015 revenue growth was -74.1%, 5 years revenue CAGR was -3.5%.
Below you can find a comprehensive analysis of the key data driving the company's performance and stock price.
Value Industries ($VALUEIND) key annual financial indicators
| mln. INR | 2011 | 2012 | 2013 | 2014 | 2015 | 2015/2014 |
|---|
P&L
|
|---|
| Revenue | 13,387 | 11,827 | 14,228 | 15,102 | 3,916 | -74.1% |
| EBITDA | 1,652 | 959 | 983 | 1,176 | | -100.0% |
| Net Income | 35 | -644 | -728 | -438 | -49 | |
Balance Sheet
|
|---|
| Cash | 40 | | | | | |
| Short Term Debt | 4,579 | | | | | |
| Long Term Debt | 6,348 | | | | | |
Cash flow
|
|---|
| Capex | 1,584 | | | | | |
Ratios
|
|---|
| Revenue growth | 185.7% | -11.7% | 20.3% | 6.1% | -74.1% | |
| EBITDA growth | 4.0% | -41.9% | 2.5% | 19.6% | | |
| EBITDA Margin | 12.3% | 8.1% | 6.9% | 7.8% | 0.0% | -7.8% |
| Net Income Margin | 0.3% | -5.4% | -5.1% | -2.9% | -1.3% | 1.6% |
| CAPEX, % of revenue | 11.8% | | | | | 0.0% |
| Net Debt/EBITDA | 6.6x | 0.0x | 0.0x | 0.0x | | 0.0x |
Revenue and profitability
Value Industries's Revenue dropped on 74.1% in FY2015.
Net Income marign increased slightly on 1.6 pp from -2.9% to -1.3% in FY2015.
Appendix 1: Peers in Household Appliances
Below you can find Value Industries benchmarking vs. other companies in Household Appliances 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 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Ifb Industries ($IFBIND) | | 18.1% | 14.1% | 11.5% | 23.6% |
| Panasonic Appliances India Company ($PANASONIC) | | -3.6% | -17.8% | 6.6% | 22.3% |
| Khaitan Electricals ($KHAITANELE) | | -5.5% | 16.9% | 1.1% | -16.9% |
| |
|---|
| Median (3 companies) | | -3.6% | 14.1% | 6.6% | 22.3% |
|---|
| Value Industries ($VALUEIND) | | -11.7% | 20.3% | 6.1% | -74.1% |
Top companies by EBITDA margin, %
| Top | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Ifb Industries ($IFBIND) | 9.4% | 6.2% | 5.6% | 5.9% | 7.1% |
| Khaitan Electricals ($KHAITANELE) | 6.2% | 2.6% | 6.1% | 2.8% | |
| Panasonic Appliances India Company ($PANASONIC) | 3.8% | -3.5% | -3.5% | 2.0% | 3.5% |
| |
|---|
| Median (3 companies) | 6.2% | 2.6% | 5.6% | 2.8% | 5.3% |
|---|
| Value Industries ($VALUEIND) | 12.3% | 8.1% | 6.9% | 7.8% | |
Top companies by CAPEX/Revenue, %
| Top | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Ifb Industries ($IFBIND) | 7.0% | 7.3% | 5.7% | 5.7% | 6.9% |
| Panasonic Appliances India Company ($PANASONIC) | 6.2% | 5.4% | 0.3% | 2.0% | 3.0% |
| |
|---|
| Median (2 companies) | 6.2% | 5.4% | 3.0% | 3.8% | 5.0% |
|---|
Top companies by ROIC, %
| Top | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Ifb Industries ($IFBIND) | 28.1% | 14.4% | 11.0% | 9.9% | 11.4% |
| Panasonic Appliances India Company ($PANASONIC) | 12.5% | -22.0% | -20.1% | -0.6% | 6.6% |
| Khaitan Electricals ($KHAITANELE) | 7.8% | 2.6% | 8.1% | | |
| |
|---|
| Median (3 companies) | 12.5% | 2.6% | 8.1% | 4.7% | 9.0% |
|---|
| Value Industries ($VALUEIND) | | | | | |
Top companies by Net Debt / EBITDA
| Top | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Panasonic Appliances India Company ($PANASONIC) | 2.5x | | | 11.3x | 5.8x |
| Khaitan Electricals ($KHAITANELE) | 8.3x | 22.8x | 6.9x | 0.0x | |
| Ifb Industries ($IFBIND) | -0.4x | -1.1x | -0.7x | -0.3x | -0.1x |
| |
|---|
| Median (3 companies) | 2.5x | 10.9x | 3.1x | 0.0x | 2.9x |
|---|
| Value Industries ($VALUEIND) | 6.6x | 0.0x | 0.0x | 0.0x | |
