VASWANI INDUSTRIES chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 118.83
Dividend & YieldN/A₹ (N/A)
Beta 1.32
Market capitalization 528M
Operating cash flow N/A
ESG Scores unknown

Company description

Vaswani Industries Limited manufactures and trades in iron ore pellets, sponge iron, steel billets, HB wires, and ingots in India. The company operates through four segments: Iron & Steel, Power, Real Estate, and Agri. It also generates power through waste heat recovery boilers with an installed capacity of 11.5 megawatts. Vaswani Industries Limited was incorporated in 2003 and is based in Raipur, India.

Sector: Basic Materials - Industry: Steel

Financial Ratios
Quick Ratio0.71
Working Capital0.11
Return On Equity0.04
Debt To Equity0.07
Fixed Asset Ratio-0.42
Fixed Interest Cover1.81

Financial data

Financial Statements

Cashflow Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Change To Liabilities 68.12M 167.35M -125.03M 68.64M
Total Cashflows From Investing Activities -8.46M -21.22M -11.63M -9.97M
Net Borrowings 57.04M 28.11M 22.21M -113.3M
Total Cash From Financing Activities -30.22M -67.1M -80.45M -207.36M
Change To Operating Activities -253.3M -253.3M 80.46M -48.04M
Issuance Of Stock
Net Income 45.08M 11.61M -25.21M 40.62M
Change In Cash -1.81M 6.04M 5.18M -7.95M
Effect Of Exchange Rate
Total Cash From Operating Activities 36.87M 94.36M 97.26M 209.39M
Depreciation 53.93M 52.05M 53.68M 43.29M
Change To Account Receivables -211.4M
Other Cashflows From Financing Activities -87.26M -95.21M -102.66M -94.07M
Change To Netincome 71.79M 116.65M 113.37M 104.87M
Capital Expenditures -8.46M -21.22M -11.93M -9.97M

Income Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Research Development
Income Before Tax 25.3M 33M 1.64M 51.43M
Net Income 45.08M 11.61M -25.21M 40.62M
Selling General Administrative 37.49M 48.98M 61.44M 64.69M
Gross Profit 570.84M 650.02M 537.65M 586.88M
Ebit 108.46M 123.34M 99.42M 141.89M
Operating Income 108.46M 123.34M 99.42M 141.89M
Interest Expense -70.88M -82.37M -87.79M -78.33M
Income Tax Expense -19.78M 21.4M 26.85M 10.81M
Total Revenue 2.37B 3.19B 3.52B 3.14B
Cost Of Revenue 1.8B 2.54B 2.99B 2.56B
Total Other Income ExpenseNet -83.16M -90.33M -97.78M -90.47M
Net Income From Continuing Ops 45.08M 11.61M -25.21M 40.62M
Net Income Applicable To Common Shares 45.08M 11.61M -25.21M 40.62M

Balance Sheet Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Total Liabilities 840.47M 1.06B 980.38M 941.52M
Total Stockholder Equity 865.14M 925.72M 978M 1.02B
Other Current Liabilities 9.61M 38.04M 31.57M 38.59M
Total Assets 1.71B 1.98B 1.96B 1.97B
Common Stock 300M 300M 300M 300M
Other Current Assets 27.36M 29.08M 9.75M 16.93M
Retained Earnings 128.77M 140.38M 115.16M 155.78M
Treasury Stock -50.11M -1.13M 76.36M 81.37M
Cash -2.17M 3.88M 9.05M 1.11M
Total Current Liabilities 760.11M 910.84M 830M 793.73M
Other Stockholder Equity -50.11M -1.13M 76.36M 81.37M
Property, Plant, and Equipment 574.87M 544.03M 594.7M 561.38M
Total Current Assets 923.53M 1.18B 1.14B 1.16B
Net Tangible Assets 865.14M 925.72M 978M 1.02B
Net Receivables 420.37M 441.19M 595.31M 545.35M
Accounts Payable 232.36M 381.61M 241.83M 275.74M


Insider Transactions

Here are the insider transactions of stock shares related to VASWANI INDUSTRIES:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Vaswani (Juhi)D2016-10-18Promoter545.8k
Vaswani (Sudha)D2016-10-18Promoter545.8k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to VASWANI INDUSTRIES. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on VASWANI INDUSTRIES

Here is the result of two systematic investment strategies applied to VASWANI INDUSTRIES. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on VASWANI INDUSTRIES

The following chart shows the equity curve of the two systematic investment strategies applied to VASWANI INDUSTRIES:

VASWANI INDUSTRIES automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 179.21% on the backtest period.

Performance at glance

Performance

179.21 %

Latent gain

4459.25 ₹

Invested capital

2488.25 ₹

Annualized return

42.47 %
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Momentum strategy results on VASWANI INDUSTRIES

This is the result of two momentum investment strategies applied to VASWANI INDUSTRIES. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on VASWANI INDUSTRIES

The following chart shows all the entries opened by the momentum investment system on VASWANI INDUSTRIES:

VASWANI INDUSTRIES momentum entries
  • The first momentum investment strategy would give 180.33% of return on VASWANI INDUSTRIES. That represents 10866.5₹ of latent gain with 6025.85₹ of employed capital.
  • The second momentum investment strategy would give 188.31% of return on VASWANI INDUSTRIES. That represents 7053.0₹ of latent gain with 3745.4₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

180.33 %

Latent gain

10866.5 ₹

Invested capital

6025.85 ₹

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

188.31 %

Latent gain

7053.0 ₹

Invested capital

3745.4 ₹

Annualized return

50.35 %

Momentum equity curve on VASWANI INDUSTRIES

The following chart shows the equity curve of the two momentum strategies applied to VASWANI INDUSTRIES:

VASWANI INDUSTRIES momentum equity

Note: the dividends potentially given by VASWANI INDUSTRIES are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on VASWANI INDUSTRIES

The following chart shows the employed capital evolution of the two momentum strategies on VASWANI INDUSTRIES since the beginning:

VASWANI INDUSTRIES

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on VASWANI INDUSTRIES

Buy the dip entry openings on VASWANI INDUSTRIES

VASWANI INDUSTRIES

The performance achieved by the robo-advisor on VASWANI INDUSTRIES is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows VASWANI INDUSTRIES stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of VASWANI INDUSTRIES, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

0.0 %

Equity curve of the strategy applied to VASWANI INDUSTRIES

The following chart shows the result of the investment strategy applied to VASWANI INDUSTRIES:

VASWANI INDUSTRIES

Note: the dividends potentially given by VASWANI INDUSTRIES are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on VASWANI INDUSTRIES

The following chart shows the employed capital evolution since the beginning of the investment strategy on VASWANI INDUSTRIES:

VASWANI INDUSTRIES

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on VASWANI INDUSTRIES

In this section, I will compare the three previous investment strategies applied to VASWANI INDUSTRIES.

Equity curve comparison on VASWANI INDUSTRIES

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

VASWANI INDUSTRIES investment strategy comparison

Employed capital comparison on VASWANI INDUSTRIES

VASWANI INDUSTRIES investment comparison

Performance comparison on VASWANI INDUSTRIES

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 179.21% 4459.25₹ 2488.25₹ 42.47%
Momentum 1 quarter 180.33% 10866.5₹ 6025.85₹ 45.31%
Momentum 2 quarters 188.31% 7053.0₹ 3745.4₹ 50.35%
Non-directional 0% 0.0₹ 0.0₹ 0.0%
Annualized return comparison

Automatic investment

42.47 %

Momentum 1Q

50.35 %

Momentum 2Q

50.35 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with VASWANI INDUSTRIES:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between VASWANI INDUSTRIES and the other stocks. There may be false positives or some missing correlated stocks. If the price of VASWANI INDUSTRIES does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name VASWANI INDUSTRIES
Country India
City Raipur
Address Bahesar Road
Phone 91 77 1422 6000
Website www.vaswaniindustries.com/Vaswani_Industries_Ltd
FullTime employees 188
Industry Steel
Sector Basic Materials
Exchange XNSE
Ticker VASWANI.XNSE
Market

VASWANI INDUSTRIES ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown