Vadilal Enterprises revenue growth accelerated to 16.4% in FY2016 vs. 14.2% a year earliner
28-05-2016 • About Vadilal Enterprises (
$VADILENT) • By InTwits
Vadilal Enterprises reported FY2016 financial results today. Here are the key drivers of the company's long term financial model: Vadilal Enterprises is a growth stock: FY2016 revenue growth was 16.4%, 5 year revenue CAGR was 14.6% at FY2016 ROIC .
Below you can find a comprehensive analysis of the key data driving the company's performance and the stock price.
Revenue and profitability
Vadilal Enterprises's Revenue surged on 16.4%.
Net Income margin showed almost no change in FY2016.
Financial and operational results
Vadilal Enterprises ($VADILENT) key annual financial indicators| mln. INR | 2012 | 2013 | 2014 | 2015 | 2016 | 2016/2015 |
|---|
P&L
|
|---|
| Revenue | 2,938 | 3,183 | 3,651 | 4,171 | 4,854 | 16.4% |
| EBITDA | 34 | 368 | 30 | 64 | | |
| Net Income | 10 | 60 | -6 | 0 | 1 | 2,003.3% |
Balance Sheet
|
|---|
| Cash | 3 | 11 | 9 | | | |
| Short Term Debt | 53 | 737 | 44 | | | |
| Long Term Debt | 26 | 756 | 35 | | | |
Cash flow
|
|---|
| Capex | 79 | | | | | |
Ratios
|
|---|
| Revenue growth | 19.8% | 8.4% | 14.7% | 14.2% | 16.4% | |
| EBITDA growth | -17.6% | 994.4% | -91.7% | 110.2% | | |
|
|---|
| EBITDA Margin | 1.1% | 11.5% | 0.8% | 1.5% | |
| Net Income Margin | 0.3% | 1.9% | -0.2% | 0.0% | 0.0% | 0.0% |
| CAPEX, % of revenue | 2.7% | | | | | |
|
|---|
| ROIC | -3.1% | 17.8% | -1.6% | | | |
| ROE | 19.8% | 9.9% | -1.0% | | | |
| Net Debt/EBITDA | 2.3x | 4.0x | 2.3x | 0.0x | |
Peers in Comm.Trading & Distribution
Below you can find Vadilal Enterprises benchmarking vs. other companies in Comm.Trading & Distribution 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 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Sakuma Exports ($SAKUMA) | - | -18.3% | 97.4% | 14.0% | 74.1% |
| Indiabulls Wholesale Services ($IBWSL) | - | 103.2% | 61.4% | -25.3% | 48.4% |
| Sunil Industries ($SUNILTX) | - | 57.2% | 12.1% | 59.6% | 19.3% |
| Redington (India) ($REDINGTON) | - | 14.0% | 15.6% | 12.9% | 12.3% |
| Cravatex ($CRAVATEX) | - | -8.7% | 12.9% | -6.2% | 9.5% |
| |
|---|
| Median (16 companies) | -2.8% | 13.4% | 13.4% | 11.8% | -6.4% |
|---|
| Vadilal Enterprises ($VADILENT) | - | 8.4% | 14.7% | 14.2% | 16.4% |
Top companies by EBITDA margin, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Hexa Tradex ($HEXATRADEX) | - | - | - | 48.1% | - |
| Indiabulls Wholesale Services ($IBWSL) | 30.8% | 25.9% | 19.4% | 21.4% | 27.6% |
| Bombay Cycle & Motor Agency ($BOMBCYC) | - | - | - | 19.5% | - |
| Ptl Enterprises ($PTL) | 26.6% | 22.7% | 21.6% | 18.5% | 20.9% |
| Remi Elektrotechnik ($REMIELEK) | - | - | - | 15.1% | - |
| |
|---|
| Median (38 companies) | 2.9% | 2.7% | 2.2% | 2.4% | 2.1% |
|---|
| Vadilal Enterprises ($VADILENT) | 1.1% | 11.5% | 0.8% | 1.5% | - |
Top companies by CAPEX/Revenue, %
| Top | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Ptl Enterprises ($PTL) | 5.0% | 4.5% | 2.4% | 4.2% | 5.8% |
| Mmtc ($MMTC) | 0.0% | 0.1% | 0.1% | 0.1% | 0.2% |
| Redington (India) ($REDINGTON) | 0.2% | 0.7% | 0.2% | 0.2% | 0.2% |
| Kothari Products ($KOTHARIPRO) | 2.5% | 0.1% | 0.2% | 0.0% | 0.1% |
| |
|---|
| Median (4 companies) | 0.2% | 0.1% | 0.2% | 0.2% | 0.2% |
|---|
Top companies by ROIC, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Ptl Enterprises ($PTL) | 18.5% | 19.5% | 21.1% | 22.1% | 12.8% |
| Redington (India) ($REDINGTON) | 17.2% | 16.0% | 16.3% | 15.3% | 14.4% |
| Risa International ($RISAINTL) | - | -0.2% | 14.8% | 11.9% | - |
| Maxwell Industries ($MAXWELL) | 9.0% | 6.6% | 9.6% | 11.2% | - |
| Kothari Products ($KOTHARIPRO) | 23.4% | 20.0% | 28.3% | 10.6% | 11.7% |
| |
|---|
| Median (53 companies) | 4.8% | 4.7% | 9.7% | 11.2% | 12.2% |
|---|
| Vadilal Enterprises ($VADILENT) | -3.1% | 17.8% | -1.6% | - | - |
Top companies by Net Debt / EBITDA
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Maxwell Industries ($MAXWELL) | 3.7x | 5.8x | 3.5x | 3.3x | - |
| Redington (India) ($REDINGTON) | 2.6x | 2.6x | 1.7x | 1.9x | 2.3x |
| Kothari Products ($KOTHARIPRO) | 1.2x | 0.6x | 0.4x | 1.4x | 1.5x |
| Ptl Enterprises ($PTL) | 2.2x | 2.0x | 2.0x | 1.2x | 0.5x |
| Hexa Tradex ($HEXATRADEX) | - | 1.0x | 0.8x | 0.0x | - |
| |
|---|
| Median (30 companies) | 1.7x | 1.7x | 0.0x | 0.0x | 0.0x |
|---|
| Vadilal Enterprises ($VADILENT) | 2.3x | 4.0x | 2.3x | 0.0x | - |
