VBC Ferro Alloys Ltd.
Snapshot View

22.00 -1.10 ▼-4.8%

23 July 2021, 04:00:00 P.M.
Volume: 2,745

Overview View Details

Sector Ferro Manganese Compare with Sector peers
Industry Ferro & Silica Manganese Compare with Industry peers
Website http://www.vbcfal.in
Financial Indicators
Market Cap 25.46 Cr.
Earnings per share (EPS) -39.41 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 30.35 Trailing Twelve Months Ending 2021-03
Book Value / Share 95.63 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.23 Calculated using Price: 22.00
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 1.16 Cr. 11,571,350 Shares
FaceValue 10
Company Profile

VBC Ferro Alloys Limited (VBCFAL), a VBC group company, was promoted by a group of technocrats & entrepreneurs led by Dr M V V S Murthi and Shri J S Krishna Murthy. The company was incorporated under the Companies Act, 1956 on October3, 1981.

The company is engaged in the production of HC Ferro Chrome, HC Silico Manganese, HC Ferro Manganese and Ferro Silicon.

Initially VBCFAL set up a plant for production of 10,000 TPA of Ferro Silicon at Rudraram Villate, Medak District of Andhra Pradesh at a cost of Rs.5.92 crores. This unit went into commercial production in April, 1985. The Unit has several locational advantages. It is close to 132 KVA power line of AP Transco, adequate water supply is available from Manjeera Reservoir and underground source, the raw material required are available within a radium of 200/250 KM.  

In September, 1989, VBCFAL formulated an expansion scheme to increase to capacity of Ferro Silicon from 10,000 TPA to 15,000 TPA and further installed the second furnace in 1992 for production of Ferro Chrome with a production capacity of 22,000 TPA. Initially, the company was incorporated with an authorized capital of Rs.1.50 crore. Further capital was raised by a public issue of Rs.80 lakh during 1984. Subsequently, in the year 1990 fully convertible and partly convertible debentures were issued to meet the cost of expansion. The present authorized capital of the company is Rs.20.00 crore and paid up capital is Rs.4.04 crore. 

The company had performed well in the initial years and consistently paid dividend from 1985 – 86 up to 1990 – 91 in the range of 20% - 30%. In the year 1991 – 92 because of recession in the steel industry, hike in power tariff, un – remunerative prices and availability of imported Ferro Silicon at prices not comparable to domestic prices, the company incurred cash loss of Rs.4.91 crore and defaulted in payment of institutional dues. Severe power cuts and intermittent shutdown of plant caused damage to the furnace lining, which not only reduced the level of production but also increased the power consumption.  

With the deterioration in working of VBCFAL, re-alignment amongst the promoters started taking place which led to stepping down of founder Managing Director – Shri J S Krishna Murthy in December, 1992 in favour of Shri A Sudhakar who also resigned within a short period. Then Shri M S Rama Rao, S/o. Dr. M V V S Murthi took charge as Managing Director and was putting efforts to renovate and restart the company. In the financial year 1993 – 94, the company posted heavy losses. As at 31.03.1994, the accumulated losses and the intangibles amounted to Rs.20.04 crore against paid up capital reserves of Rs.13.09 crore. The company was registered with Board for Industrial and Financial Reconstruction (BIFR) as a sick company under the provisions of Section 3 (1) (o) of Sick Industrial Companies (Special Provisions) Act, 1985.  

During this worst hit period, the company had self introspected and tried to find the reasons for sickness. The major reason the company found was the insufficient & irregular supply of power. To over come this problem, the company has contemplated taking up a Power Project by promoting Konaseema EPS Oakwell Power Limited (KEOPL), a special purpose company incorporated to build, own and operate the natural gas based combined cycle power plant with a capacity of 445 MW to be set up in the State of Andhra Pradesh and  M S Rama Rao stepped down from the position of Managing Director to concentrate on the power project and his brother Shri M S Lakshman Rao took charge as Managing Director with effect from 30th October, 2000.   Furthering the developments, Shri M S Lakshman Rao could successfully bring the company back into financial soundness and also got the company discharged from the purview of BIFR in September, 2001. The company performed well during the years 2002 – 03, 2003 – 04 & 2004 – 05 and paid a dividend of 10%, 10% & 20% respectively. 

The other group companies:

  • KEOPL-Konaseema Energy and Oakwell Power Limited
  • OPCL -Orissa Power Consortium Limited.
  • BAEL -Bharat Alloys & Energy Limited.
  • VBC FLL -  VBC Finance and Leasing Limited

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-4.76%
1 Week
+4.76%
1 Month
-6.98%
3 Month
+53.85%
6 Month
+37.50%
1 Year
+37.07%
2 Year
-20.15%
5 Year
-62.68%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 5.59 -8.33 -15.69 -6.44 -5.01 -1.04 -22.26 -118.85 -13.77
Return on Capital Employed (%) 8.83 -4.32 -8.79 -1.93 -0.63 1.17 -13.79 -91.39 -11.58
Return on Assets (%) 3.47 -4.99 -8.90 -3.54 -2.63 -0.56 -11.26 -66.12 -8.50

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 151 139 120 112 107 108 88 174 161
Non Curr. Liab. 28 37 34 32 34 36 71 52 68
Curr. Liab. 56 59 52 56 60 47 38 30 41
Minority Int.
Equity & Liab. 235 236 206 199 200 191 196 257 271
Non Curr. Assets 200 205 188 184 184 179 181 227 225
Curr. Assets 35 31 18 15 17 12 16 30 45
Misc. Exp. not W/O
Total Assets 235 236 206 199 200 191 196 257 271

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 107 29 13 4 42
Other Income 2 1 1 2 0 12 8 8 1
Total Income 109 30 14 2 0 12 8 13 44
Total Expenditure -92 -37 -28 -4 0 -9 -5 -11 -58
PBIDT 17 -7 -14 -2 0 2 3 1 -15
Interest -5 -3 -5 -5 -4 -3 -3 -2 -1
Depreciation -1 -1 -1 -1 -1 -1 -1 -6 -7
Taxation -4 0 0 1 0
Exceptional Items -21 -143
PAT 8 -12 -20 -7 -5 -1 -22 -150 -22

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 12 3 -2 0 -2 -3 -15 -16 -12
Cash Fr. Inv. -11 -5 1 2 0 11 7 -3 5
Cash Fr. Finan. -1 3 -4 -3 3 -9 8 19 7
Net Change 0 2 -5 -1 1 0 0 0
Cash & Cash Eqvt 4 6 1 0 1 0 0 1 0

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 37.97 42.95 42.95 40.36 40.36 40.36 39.70 39.78 40.36
Public 62.03 57.05 57.05 59.64 59.64 59.64 60.30 60.22 59.64
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 14.11 10.69 10.69 9.85 9.85 9.85 9.85 9.85 9.85

Announcements View Details

Mon, 19 Jul 2021
Shareholding for the Period Ended June 30 2021
VBC Ferro Alloys Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Fri, 09 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- M V ANANTHAKRISHNA
Designation :- Managing Director / Whole Time Director
Fri, 09 Jul 2021
Disclosure Of Related Party Transactions Regulations 23(9) Of SEBI(LODR) Regulations 2015
Disclosure of Related Party Transactions Regulations 23(9) of SEBI(LODR) Regulations 2015 for the period ended 31st March 2021

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Both SRS And ARS Above Zero Both SRS And ARS Above Zero

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Maithan Alloys Ltd. Consolidated 2020-03 18.47 1,073.90 +0.3%
Indian Metals & Ferro Alloys Ltd. Consolidated 2020-03 -5.87 731.00 +6.4%
Shyam Century Ferrous Ltd. Standalone 2020-03 -0.02 18.62 -5.0%
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Balasore Alloys Ltd. Standalone 2019-03 -3.08 8.41 0%
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Indian Metals & Ferro Alloys Ltd. Consolidated 2020-03 0.33 731.00 +6.4%
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Balasore Alloys Ltd. Standalone 2019-03 -29.16 8.41 0%
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