Venky's (India) Ltd
VENKEYSVenky's (India) Ltd
VENKEYSPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
AvgAverage profitability - not good, not bad
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
23.89 | 1.89 | 0.38% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
50.95 | 10.00 | 1.47% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Venky’s (India) Limited is engaged in the production of day-old layer and broiler chicks for the poultry markets of North India. It also produces and sells medicines and other health products for birds.
Peers
Compare with peersPatanjali Foods Ltd
LT Foods Ltd
Avanti Feeds Ltd
KRBL Ltd
Manorama Industries Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Revenue Forecast
Earnings Per Share Forecast
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 2,159.58 | 2,509.68 | 2,715.03 | 3,072.15 | 3,296.44 | 3,152.43 | 4,436.58 | 4,271.35 | 3,777.40 | 3,472.47 | ||||||||||
Raw Materials | 1,627.98 | 1,799.25 | 1,873.04 | 2,238.16 | 2,643.25 | 2,356.63 | 3,567.72 | 3,482.52 | 2,959.61 | 3,271.37 | ||||||||||
Power & Fuel Cost | 62.92 | 67.53 | 75.69 | 83.48 | 90.84 | 79.55 | 97.87 | 111.08 | 109.11 | |||||||||||
Employee Cost | 128.44 | 145.87 | 170.74 | 194.49 | 219.87 | 210.03 | 230.72 | 254.86 | 273.87 | |||||||||||
Selling & Administrative Expenses | 96.61 | 108.99 | 105.93 | 139.52 | 144.22 | 59.10 | 67.55 | 76.56 | 77.94 | |||||||||||
Operating & Other expenses | 74.25 | 76.58 | 74.67 | 79.08 | 184.19 | 22.54 | 192.08 | 197.10 | 194.25 | |||||||||||
EBITDA | 169.38 | 311.46 | 414.96 | 337.42 | 14.07 | 424.58 | 280.64 | 149.23 | 162.62 | 201.10 | ||||||||||
Depreciation/Amortization | 29.88 | 28.50 | 28.13 | 29.35 | 34.25 | 35.43 | 36.57 | 35.46 | 35.00 | 35.23 | ||||||||||
PBIT | 139.50 | 282.96 | 386.83 | 308.07 | -20.18 | 389.15 | 244.07 | 113.77 | 127.62 | 165.87 | ||||||||||
Interest & Other Items | 85.45 | 77.07 | 49.87 | 31.55 | 29.52 | 28.48 | 17.58 | 18.48 | 18.18 | 17.03 | ||||||||||
PBT | 54.05 | 205.89 | 336.96 | 276.52 | -49.70 | 360.67 | 226.49 | 95.29 | 109.44 | 148.84 | ||||||||||
Taxes & Other Items | 15.82 | 81.15 | 137.24 | 102.39 | -22.54 | 92.92 | 61.72 | 24.81 | 30.36 | 40.33 | ||||||||||
Net Income | 38.23 | 124.74 | 199.72 | 174.13 | -27.16 | 267.75 | 164.77 | 70.48 | 79.08 | 108.51 | ||||||||||
EPS | 27.14 | 88.55 | 141.77 | 123.61 | -19.28 | 190.06 | 116.96 | 50.03 | 56.14 | 77.03 | ||||||||||
DPS | 5.00 | 6.00 | 8.00 | 8.00 | 0.00 | 17.00 | 13.00 | 6.00 | 7.00 | 7.00 | ||||||||||
Payout ratio | 0.18 | 0.07 | 0.06 | 0.06 | 0.00 | 0.09 | 0.11 | 0.12 | 0.12 | 0.09 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
Consumer StaplesPackaged Foods & Meats
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Venky's (India) Ltd | 32.78 | 1.89 | 0.38% |
Patanjali Foods Ltd | 85.13 | 6.38 | 0.33% |
LT Foods Ltd | 24.88 | 4.31 | 0.12% |
Avanti Feeds Ltd | 24.31 | 3.23 | 0.98% |
Price Comparison
Compare VENKEYS with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 4 Mutual Funds holding Venky's (India) Ltd
Funds (Top 4) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
Motilal Oswal Nifty Microcap 250 Index Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0814% | Percentage of the fund’s portfolio invested in the stock 0.12% | Change in the portfolio weight of the stock over the last 3 months -0.04% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 142/309 (+2) |
Groww Nifty Total Market Index Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0004% | Percentage of the fund’s portfolio invested in the stock 0.00% | Change in the portfolio weight of the stock over the last 3 months -0.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 341/799 (-69) |
Bandhan Nifty Total Market Index Fund - Direct Plan - Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0001% | Percentage of the fund’s portfolio invested in the stock 0.00% | Change in the portfolio weight of the stock over the last 3 months -0.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 733/801 (-9) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 23, 2024
Dividend/Share
₹7.00
Ex DateEx Date
Aug 23, 2024
Cash Dividend
Ex DateEx DateSep 8, 2023
Dividend/Share
₹6.00
Ex DateEx Date
Sep 8, 2023
Cash Dividend
Ex DateEx DateSep 8, 2022
Dividend/Share
₹13.00
Ex DateEx Date
Sep 8, 2022
Cash Dividend
Ex DateEx DateJul 22, 2021
Dividend/Share
₹17.00
Ex DateEx Date
Jul 22, 2021
Cash Dividend
Ex DateEx DateSep 19, 2019
Dividend/Share
₹8.00
Ex DateEx Date
Sep 19, 2019
However, Revenue from operations fell by 15.16% YoY to Rs 774.20 crore during the quarter. On the segmental front, revenue from the Poultry and Poultry Products business amounted to Rs 451.69 crore, registering a 5.83% year-on-year (YoY) growth. Revenue from Animal Health products stood at Rs 80.32 crore, marking a 6.58% YoY increase. In contrast, the Oilseed business reported revenues of Rs 269.63 crore, registering a decline of 38.17% YoY. Total expenses declined by 11.75% to Rs 773.23 crore in the second quarter as compared with the same period last year, primarily due to lower raw material costs (down 19.97% YoY). This was, to some extent, offset by higher employee expenses (up 8.19% YoY) and higher other expenses (up 7.12% YoY). Profit before tax stood at Rs 11 crore in the quarter ended 30 September 2024, down 75.98% as compared to Rs 45.81 crore reported in Q2 FY24. On half-year basis, the company's net profit surged 55.02% to Rs 82.94 crore despite of 16.24% decrease in revenue to Rs 1,582.22 crore in H1 FY25 over H1 FY24. Venky's said, 'Poultry and Poultry Products segment were affected due to lower realisations as a result of seasonal pattern and fluctuations in demand for chicken products. Oilseed segments sales turnover and margins were affected due to unfavorable market conditions. Performance of Animal Health Products segment has been satisfactory.' Venkys (India) is the largest fully integrated poultry group in Asia. Its diversified products include SPF eggs, chicken and eggs processing, broiler and layer breeding, genetic research and Poultry diseases diagnostic, Poultry vaccines and feed supplements, vaccine pro. Powered by Capital Market - Live
Net profit of Venky's (India) declined 77.24% to Rs 7.76 crore in the quarter ended September 2024 as against Rs 34.09 crore during the previous quarter ended September 2023. Sales declined 15.17% to Rs 774.20 crore in the quarter ended September 2024 as against Rs 912.60 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales774.20912.60 -15 OPM %1.795.44 - PBDT19.8654.50 -64 PBT11.0045.81 -76 NP7.7634.09 -77 Powered by Capital Market - Live
Venkys (India) will hold a meeting of the Board of Directors of the Company on 7 November 2024.Powered by Capital Market - Live
Venkys (India) has fixed 23 August 2024 as record date for the purpose of deciding eligibility of shareholders entitled to receive dividend on equity shares, if approved. Powered by Capital Market - Live
The company's net profit surged 287.33% to Rs 75.18 crore on 17.25% decline in revenue from operations to Rs 808.02 crore in Q1 June 2024 over Q1 June 2023. Profit before tax soared 278.64% year-on-year to Rs 100.87 crore in Q1 June 2024. Total expenses declined by 25.17% to Rs 717.63 crore in the first quarter as against the same period last year, primarily due to lower raw material costs (down 33.34% YoY). Meanwhile, employee expenses was up 6.23% YoY and other expenses was up 2.67% YoY. On the segmental front, revenue from Poultry and Poultry Products business rose 17.74% at Rs 513.80 crore. The Animal Health Products business posted revenue of Rs 83.51 crore, up 5.35% YoY. Meanwhile, Oilseed business reported revenues of Rs 237.94 crore, down 51.28% YoY. Venky's reported improved profit margins in its poultry and poultry products segment, driven by improved realizations from sale of day old chicks and grown up birds. However, the oilseed segment faced margin pressures due to lower sales, reduced raw material costs, and subdued finished product prices. The company's animal health products division delivered satisfactory performance. Venkys (India) is Asia's largest fully integrated poultry group. Its diverse operations encompass SPF eggs, chicken and egg processing, broiler and layer breeding, genetic research, poultry disease diagnostics, and vaccine production. Powered by Capital Market - Live
Net profit of Venky's (India) rose 287.33% to Rs 75.18 crore in the quarter ended June 2024 as against Rs 19.41 crore during the previous quarter ended June 2023. Sales declined 17.25% to Rs 808.02 crore in the quarter ended June 2024 as against Rs 976.44 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales808.02976.44 -17 OPM %12.783.17 - PBDT109.7335.44 210 PBT100.8726.64 279 NP75.1819.41 287 Powered by Capital Market - Live
Venkys (India) will hold a meeting of the Board of Directors of the Company on 7 August 2024.Powered by Capital Market - Live
Pandemic may have taken a toll on India Inc’s boardrooms
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 4.22%, vs industry avg of 13.23%
Decreasing Market Share
Over the last 5 years, market share decreased from 4.91% to 3.62%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of -14.6%, vs industry avg of 21.63%