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detailed information about the BVG India Pre IPO shares.
In this research report, you will get to know about BVG India Limited Key Ratio data. In addition, get
the Complete details about the Net Profit Growth, Revenue Growth and Book Value
Growth.
Growth in %
-13.70%
1 Year
-4.34%
2 Year
The company's total revenue has decreased from INR 1940 Cr in FY'20 to INR 1674 Cr in FY'21 registering a decline of 13.7%. Since the country has been facing the effects of the pandemic, which has created disruptions in business continuity and as a result the company's facilities services revenue has decreased by approximately INR 200 Cr. Additionally, the facilities management industry has seen a decline in India due to the slow movement of construction activities, difficulty in managing safety of workers and low retention of workforce.
Growth in %
-29.48%
1 Year
1.05%
2 Year
The net profit of the company has decreased by 29% in FY'21 over FY'20. This decrease in net profit is mainly due to the company facing a loss of INR 21 Cr from the discontinued operations of the company. Also the company faced decreased revenues in FY'21 due to the disruptions in business caused in the facilities management industry due the lockdowns across the country.
Growth in %
-29.73%
1 Year
0.93%
2 Year
The earning per share has decreased from INR 47.19 in 2021 to INR 33.16 in 2021. This decrease is due to the company facing loss from its discontinued operations in FY'21 which amounts to approximately INR 21 Cr. This has affected the net profit of the company and further the company's earning per share.
Growth in %
15.63%
1 Year
The company's book value per share has increased by 15.7% in FY'21 over FY'20. This is because the company's total equity has increased in FY'21, which is majorly attributable to the increase in company's retained earnings by INR 86 Cr due to the retention of net profit as a part of retained earnings by the company.
Growth in %
-8.29%
1 Year
13.13%
2 Year
Growth in %
-10.22%
1 Year
12.95%
2 Year
The company's operating profit has decreased from INR 231 Cr in FY'20 to INR 207 Cr in FY'21 witnessing a decline of 10.22% year-on-year. This is majorly attributable to the company's decline in revenue from facilities services as well as the company facing a loss of INR 21 Cr from its discontinued operations. As a result the company's operating profit has been negatively impacted due to the disruptions in business due the widespread pandemic across the country.
Growth in %
0.74%
1 Year
4.79%
2 Year
The company's assets have increased from INR 1898 Cr in 2020 to INR 1912 Cr in 2021. Major additions include INR 6 Cr worth of plant and equipment and INR 1 Cr with of vehicles during FY'21. The company's addition in plant and equipment indicate that they might be looking for expansion in the near future.
Growth in %
18.53%
1 Year
41.77%
2 Year
The cash flow from operations has increased due to the company's provision for doubtful debts increasing by approximately INR 240 Cr in FY'21 over FY'20. Also, the company's trade receivables increased by a massive INR 157 Cr and trade payables decreased by INR 34 Cr in FY'20, whereas this increase remained limited to INR 50 Cr for trade receivables and trade payables decreased by only INR 9 Cr in FY'21. Due to this the cash flow from operations has increased by 18.53% in FY'21 over FY'20.
The company's debt to equity ratio has decreased by 16.3% in FY'21 over FY'20. This is because the company's total debt has decreased in FY'21 due to an decrease of INR 167 Cr in their cash credit facilities availed from banks as a part of short term borrowing as well as an decrease of INR 22 Cr in the company's non current borrowings. On the other hand the company's total equity has increased by INR 82 Cr as a result of the company retaining the entire profit of FY'21 as retained earnings in other equity. Hence the D/E ratio has decreased.
The current ratio of the company has increased to 1.46 in FY'21. This is because the company's total liabilities have decreased by INR 62 Cr approximately in FY'21 over FY'20. This is mainly attributable to the decrease in company's short term borrowings and account payable in FY'21. On the other hand, the current assets of the company have witnessed a marginal increase of 1.5% in FY'21 over FY'20 as a result of inventory and receivables.
The interest coverage ratio has decreased by 5.2% in FY'21 over FY'20. This is because the company's EBIT has decreased by INR 23 Cr as a result of lower revenues faced by the company due to the pandemic prevalent in the country having an impact on the entire facilities management industry in India. On the other hand, the interest expenses have decreased by a mere INR 5 Cr due to decrease in the company's borrowing from banks in FY'21.
The EBIT margin of the company has improved in FY'21 increasing by 3.9% over FY'20. Even though the company's EBIT has decreased by 10.2% in FY'21 over FY'20, the revenue from operations has decreased by 13.6% for the same period. This is a result of the company facing decreased revenues as a result of the facility management industry facing a decline due to the widespread pandemic across the country.
The company's net income has decreased by 18.4% in FY'21 over FY'20 due to constant expenses and decreased revenue registered by the company due to the disruptions in business caused by the pandemic across the country. Due to the pandemic the company was unable to achieve higher revenue as their was very slow growth in the real estate sector which is a major revenue generating sector for facilities management industry. Since the net income of the company dropped more than the decrease in the revenue from operations, net income margin has decreased.
The company's return on equity has decreased massively in FY'21 reaching 11.65% from 19.1% in FY'20. This decrease is mainly attributable to the large decrease in net income of the company due to the company facing decrease in revenue during FY'21. On the other hand the total equity of the company has increased in FY'21 since the company has retained the entire profit as a part of other equity. This decrease in ROE indicates that the company has lower profitability compared to previous year, which may be harmful for the company in the long run.
The return on assets of the company has decreased by 32.6% year on year from 6.72% in FY20 to 4.53% in FY'21. This huge decrease is because the company's net income has decreased a lot due to the irregularities in business as a result of the pandemic making it harder for the company to generate revenues. The decrease in revenue was accompanied with higher fixed costs of the companies further adding to their burden. The decrease in ROA denotes that the company is unable to utilize the full potential of their assets and not generating enough profits.
