Veejay Lakshmi Engineering Works Analysis

dividend

Pros

Cons

• Unable to calculate sustainability of dividends as Veejay Lakshmi Engineering Works has not reported any payouts.
• Unable to evaluate Veejay Lakshmi Engineering Works's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
• Unable to evaluate Veejay Lakshmi Engineering Works's dividend against the top 25% market benchmark as the company has not reported any payouts.

health

Pros

• Veejay Lakshmi Engineering Works is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• Debt is covered by short term assets, assets are 3.3x debt.
• Veejay Lakshmi Engineering Works's cash and other short term assets cover its long term commitments.
• The level of debt compared to net worth has been reduced over the past 5 years (42.5% vs 13.6% today).
• Veejay Lakshmi Engineering Works's level of debt (13.6%) compared to net worth is satisfactory (less than 40%).

Cons

• Veejay Lakshmi Engineering Works has less than a year of cash runway if free cash flow continues to reduce at historical rates of -9.7% each year.
• Veejay Lakshmi Engineering Works has less than a year of cash runway based on current free cash flow.
• Operating cash flow is negative therefore debt is not well covered.
• High level of physical assets or inventory.

management

Pros

• The average tenure for the Veejay Lakshmi Engineering Works board of directors is over 10 years, this suggests they are a seasoned and experienced board.
• Vaiyampalayam Janardhana's remuneration is lower than average for companies of similar size in India.
• Vaiyampalayam Janardhana's compensation has been consistent with company performance over the past year, both up more than 20%.

Cons

misc

Pros

Cons

• Veejay Lakshmi Engineering Works is not covered by any analysts.

past

Pros

Cons

• Unable to compare Veejay Lakshmi Engineering Works's 1-year earnings growth to the 5-year average as it is not currently profitable.
• Veejay Lakshmi Engineering Works does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
• It is difficult to establish if Veejay Lakshmi Engineering Works has efficiently used its assets last year compared to the IN Machinery industry average (Return on Assets) as it is loss-making.
• It is difficult to establish if Veejay Lakshmi Engineering Works improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
• It is difficult to establish if Veejay Lakshmi Engineering Works has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
• Unable to compare Veejay Lakshmi Engineering Works's 1-year growth to the IN Machinery industry average as it is not currently profitable.

value

Pros

• Veejay Lakshmi Engineering Works is good value based on assets compared to the IN Machinery industry average.
• BSE:522267 is up 11.6% outperforming the Machinery industry which returned 8.3% over the past month.
• BSE:522267 is up 11.6% outperforming the market in India which returned 8% over the past month.

Cons

• Veejay Lakshmi Engineering Works is loss making, we can't compare its value to the IN Machinery industry average.
• Veejay Lakshmi Engineering Works is loss making, we can't compare the value of its earnings to the India market.
• 522267 underperformed the Machinery industry which returned -23.7% over the past year.
• 522267 underperformed the Market in India which returned -14.5% over the past year.