VISAGAR POLYTEX chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 0.11
Dividend & YieldN/A₹ (N/A)
Beta 1.84
Market capitalization 482.96M
Operating cash flow N/A
ESG Scores unknown

Company description

Visagar Polytex Limited engages in the design, manufacture, wholesale, retail, and trade of textiles in India. The company offers ethnic wear, including sarees, lehengas, and suits; interlining goods; and various fabrics. It also operates a retail chain that offer apparel and ethnic wear under the Vividha brand. In addition, the company is involved in the contract-based manufacturing activity. Visagar Polytex Limited was incorporated in 1983 and is based in Mumbai, India.

Sector: Consumer Cyclical - Industry: Textile Manufacturing

Financial Ratios
Quick Ratio2.46
Working Capital0
Return On Equity0
Debt To Equity0.36
Fixed Asset Ratio0
Fixed Interest Cover1.18

Financial data

Financial Statements

Cashflow Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Change To Liabilities 106.57M -88.57M -114.79M 17.54M
Total Cashflows From Investing Activities -13.66M -1.19M -39.9k -231.71k
Net Borrowings
Total Cash From Financing Activities 25.2M 39.06M
Change To Operating Activities -12.1M -10.07M 10.7M -8.38M
Issuance Of Stock
Net Income 14.09M 1.64M -143.53M 418.61k
Change In Cash -314.62k 1.36M -1.39M -839.11k
Effect Of Exchange Rate
Total Cash From Operating Activities -11.86M -36.51M -1.35M -607.39k
Depreciation 10M 8.67M 7.44M 6.43M
Change To Account Receivables -136.74M 70.5M 71.64M -6.91M
Other Cashflows From Financing Activities 25.2M 39.06M
Change To Netincome
Capital Expenditures -13.66M -1.19M -39.9k -231.71k

Income Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Research Development
Income Before Tax 21.14M 2.19M -143.53M 418.61k
Net Income 14.09M 1.64M -143.53M 418.61k
Selling General Administrative 10.37M 7.33M 3.58M 884.33k
Gross Profit 67.45M 38.29M -126.24M 9.28M
Ebit 34.9M 14.9M -141.77M 1.95M
Operating Income 34.9M 14.9M -141.77M 1.95M
Interest Expense -14.07M -12.55M -2.64M -1.66M
Income Tax Expense 7.05M 550k
Total Revenue 822.7M 538.76M 101.73M 48.14M
Cost Of Revenue 755.25M 500.47M 227.97M 38.86M
Total Other Income ExpenseNet -13.76M -12.71M -1.77M -1.53M
Net Income From Continuing Ops 14.09M 1.64M -143.53M 418.61k
Net Income Applicable To Common Shares 14.09M 1.64M -143.53M 418.61k

Balance Sheet Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Total Liabilities 356.38M 248.13M 137.37M 149.8M
Total Stockholder Equity 304.48M 345.17M 201.64M 202.06M
Other Current Liabilities 5.16M 2.68M 3.98M 3.42M
Total Assets 660.86M 593.3M 339.01M 351.86M
Common Stock 246.2M 292.7M 292.7M 292.7M
Other Current Assets 4.81M 4.6M 5.15M 4.73M
Retained Earnings 33.08M 40.29M -103.24M -102.82M
Treasury Stock 25.2M 12.18M 12.18M 12.18M
Cash 1.99M 3.35M 1.97M 1.13M
Total Current Liabilities 334.99M 239.42M 67.15M 76.83M
Other Stockholder Equity 25.2M 12.18M 12.18M 12.18M
Property, Plant, and Equipment 70.39M 62.88M 55.48M 49.28M
Total Current Assets 567.72M 517.07M 273.03M 290.48M
Net Tangible Assets 304.47M 345.16M 201.63M 202.05M
Net Receivables 314.54M 250.2M 174.07M 183.08M
Accounts Payable 234.51M 145.95M 31.16M 49.61M


Insider Transactions

Here are the insider transactions of stock shares related to VISAGAR POLYTEX:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Kothari (Tilokchand M)Sale at price 0.01 per share.D2021-08-06Managing Director9.08M
Kothari (Tilokchand M)Sale at price 0.01 per share.D2021-08-05Managing Director1M
Kothari (Tilokchand M)Sale at price 0.01 per share.D2021-08-04Managing Director5M
Kothari (Tilokchand M)Sale at price 0.01 per share.D2021-08-03Managing Director3.19M
Kothari (Tilokchand M)Sale at price 0.01 per share.D2021-08-02Managing Director9.5M
Kothari (Sagar Tilokchand)D2021-07-30Promoter34.36M
Kothari (Tilokchand M)D2021-07-26Managing Director12.5M
Kothari (Sagar Tilokchand)Sale at price 0.01 per share.D2021-07-22Director1.8M
Kothari (Tilokchand M)Sale at price 0.01 per share.D2021-07-22Director40.27M
Kothari (Sagar Tilokchand)Sale at price 0.01 per share.D2021-07-20Promoter3M
Kothari (Tilokchand M)D2018-09-12Managing Director7.7M
Kothari (Tilokchand M)D2017-05-22Managing Director3.5M
Kothari (Sagar Tilokchand)D2017-05-19Chief Financial Officer4.54M
Kothari (Tilokchand M)D2017-05-19Managing Director3.82M
Kothari (Tilokchand) HUFD2017-05-19UNREPORTED3.5M
Kothari (Asha)D2017-05-19Promoter6.93M
Sib Sagar Trade & Agencies Pvt LtdD2017-05-17Promoter20k
Visagar Financial Services, Ltd.D2017-05-17Promoter81.75k
Sagar Portfolio Services LtdD2017-05-17Promoter88.29k
Kothari (Asha)D2017-05-17Promoter5.5M
Visagar Financial Services, Ltd.D2017-05-15Promoter6.7M
Sagar Portfolio Services LtdD2017-05-15Promoter2.7M
Sib Sagar Trade & Agencies Pvt LtdD2017-05-15Promoter370k
Visagar Financial Services, Ltd.D2017-03-31Promoter6.76M
Kothari (Tilokchand M)D2017-03-31Executive Chairman75.36M
Kothari (Asha)D2017-03-31Promoter11.32M
Sagar Portfolio Services LtdD2017-01-27Promoter550k
Trisha Media LtdD2017-01-27Promoter200k
Sagar Portfolio Services LtdD2017-01-19Promoter825k
Sagar Portfolio Services LtdD2016-07-08Promoter250k
Sagar Portfolio Services LtdD2016-07-04Promoter234k
Sagar Portfolio Services LtdD2016-06-27Promoter500k
Sagar Portfolio Services LtdD2016-06-17Promoter225k
Sagar Portfolio Services LtdD2016-06-15Promoter559.37k
Sagar Portfolio Services LtdD2016-06-07Promoter375k
Visagar Financial Services, Ltd.D2013-02-23Institution- Corporation2k
Sib Sagar Trade & Agencies Pvt LtdD2012-03-30Promoter10k
Trisha Trading Co Pvt LtdD2012-03-30Promoter10k
Kothari (Asha)D2012-03-30Promoter20k
Sib Sagar Trade & Agencies Pvt LtdD2012-03-28Promoter40k
Kothari (Tilokchand M)D2012-03-28Chairman of the Board40k
Trisha Trading Co Pvt LtdD2012-03-27Promoter25k
Kothari (Sagar Tilokchand)D2012-03-27Promoter25k

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 VISAGAR POLYTEX. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on VISAGAR POLYTEX

Here is the result of two systematic investment strategies applied to VISAGAR POLYTEX. 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 VISAGAR POLYTEX

The following chart shows the equity curve of the two systematic investment strategies applied to VISAGAR POLYTEX:

VISAGAR POLYTEX automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 282.76% on the backtest period.

Performance at glance

Performance

282.76 %

Latent gain

7068.55 ₹

Invested capital

2499.8 ₹

Annualized return

67.0 %
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Momentum strategy results on VISAGAR POLYTEX

This is the result of two momentum investment strategies applied to VISAGAR POLYTEX. 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 VISAGAR POLYTEX

The following chart shows all the entries opened by the momentum investment system on VISAGAR POLYTEX:

VISAGAR POLYTEX momentum entries
  • The first momentum investment strategy would give 386.81% of return on VISAGAR POLYTEX. That represents 19336.85₹ of latent gain with 4999.0₹ of employed capital.
  • The second momentum investment strategy would give 359.41% of return on VISAGAR POLYTEX. That represents 9884.0₹ of latent gain with 2750.05₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

386.81 %

Latent gain

19336.85 ₹

Invested capital

4999.0 ₹

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

359.41 %

Latent gain

9884.0 ₹

Invested capital

2750.05 ₹

Annualized return

96.1 %

Momentum equity curve on VISAGAR POLYTEX

The following chart shows the equity curve of the two momentum strategies applied to VISAGAR POLYTEX:

VISAGAR POLYTEX momentum equity

Note: the dividends potentially given by VISAGAR POLYTEX 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 VISAGAR POLYTEX

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

VISAGAR POLYTEX

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 VISAGAR POLYTEX

Buy the dip entry openings on VISAGAR POLYTEX

VISAGAR POLYTEX

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

Note: The blue line represents the weekly stock price of VISAGAR POLYTEX, 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 VISAGAR POLYTEX

The following chart shows the result of the investment strategy applied to VISAGAR POLYTEX:

VISAGAR POLYTEX

Note: the dividends potentially given by VISAGAR POLYTEX 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 VISAGAR POLYTEX

The following chart shows the employed capital evolution since the beginning of the investment strategy on VISAGAR POLYTEX:

VISAGAR POLYTEX

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 VISAGAR POLYTEX

In this section, I will compare the three previous investment strategies applied to VISAGAR POLYTEX.

Equity curve comparison on VISAGAR POLYTEX

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

VISAGAR POLYTEX investment strategy comparison

Employed capital comparison on VISAGAR POLYTEX

VISAGAR POLYTEX investment comparison

Performance comparison on VISAGAR POLYTEX

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 282.76% 7068.55₹ 2499.8₹ 67.0%
Momentum 1 quarter 386.81% 19336.85₹ 4999.0₹ 97.19%
Momentum 2 quarters 359.41% 9884.0₹ 2750.05₹ 96.1%
Non-directional 0% 0.0₹ 0.0₹ 0.0%
Annualized return comparison

Automatic investment

67.0 %

Momentum 1Q

96.1 %

Momentum 2Q

96.1 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with VISAGAR POLYTEX:

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 VISAGAR POLYTEX and the other stocks. There may be false positives or some missing correlated stocks. If the price of VISAGAR POLYTEX does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name VISAGAR POLYTEX
Country India
City Mumbai
Address 907/908, Dev Plaza
Phone 91 22 6742 4815
Website vpl.visagar.com
FullTime employees
Industry Textile Manufacturing
Sector Consumer Cyclical
Exchange XNSE
Ticker VIVIDHA.XNSE
Market

VISAGAR POLYTEX 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