Vijay Solvex Ltd
Next 500 2024
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OVERVIEW
FINANCIALS
About
Vijay Solvex Limited is engaged in the production of edible oils, vanaspati, and de-oiled cakes. The company operates under the 'Scooter' brand, offering products like mustard oil, soybean oil, and vanaspati ghee. With a focus on quality and customer satisfaction, Vijay Solvex has established a significant presence in the edible oil industry, catering to both domestic and international markets.
Incorporation Year: 1987
Headquarters: Alwar, Rajasthan
Top Management: Mr. B.L. Garg (Managing Director)
Industry: Food & Agri Products
Website: www.vijaysolvex.com
Featured In Fortune India Ranking
Next 500 India
#255(2024)#106(2023)#197(2021)#312(2020)#370(2019)#500(2018)#402(2016)#316(2015)
#255(2024)#106(2023)#197(2021)#312(2020)#370(2019)#500(2018)#402(2016)#316(2015)
Ranking Trend Fortune Next 500 India
Financial Data 2024
Revenue
1,849
(INR Cr)
Net Operating Income
1,829
(INR Cr)
Assets
335
(INR Cr)
Profit
3
(INR Cr)
Net Worth
323
(INR Cr)
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 1849 -23.6% | 2421 -11.0% | 2721 29.3% | 2104 45.3% | 1448 18.4% | 1223 39.0% | 880 25.8% | 699 7.0% | 654 -13.0% | 751 -27.1% | 1030 6.0% | 971 25.8% | 772 27.7% | 605 36.9% | 442 -13.9% | 513 - |
| Net Operating Income (INR Cr) | 1829 -24.73% | 2430 -10.51% | 2716 31.21% | 2070 42.95% | 1448 18.10% | 1226 39.49% | 879 27.88% | 687 3.71% | 663 -13.71% | 768 0.00% | 1032 7.61% | 959 26.25% | 759 25.35% | 606 37.79% | 440 -15.75% | 522 -8.94% |
| Profit (INR Cr) | 3 -82.7% | 17 -70.4% | 57 -14.0% | 67 223.0% | 21 62.2% | 13 24.1% | 10 13.7% | 9 66.9% | 5 16.6% | 5 -27.3% | 6 42.4% | 4 82.9% | 2 -39.8% | 4 8.8% | 4 27.7% | 3 - |
| Assets (INR Cr) | 335 -7.0% | 360 -24.5% | 476 32.2% | 360 47.3% | 245 12.7% | 217 -3.8% | 225 32.7% | 170 13.0% | 150 6.9% | 141 -19.4% | 175 3.2% | 169 3.2% | 164 1.0% | 162 14.7% | 141 18.5% | 119 - |
| Net Worth (INR Cr) | 323 1.0% | 320 -1.9% | 326 35.1% | 241 53.7% | 157 16.7% | 134 6.3% | 127 18.6% | 107 28.4% | 83 6.8% | 78 0.0% | 75 9.4% | 68 7.1% | 64 4.7% | 61 6.5% | 57 7.0% | 53 5.8% |
| Employee Cost (INR Cr) | 23 14.0% | 20 6.8% | 19 5.3% | 18 1.8% | 18 3.7% | 17 6.0% | 16 28.1% | 13 15.2% | 11 4.4% | 10 4.6% | 10 5.2% | 9 -1.2% | 10 19.3% | 8 23.7% | 6 7.8% | 6 - |
| Interest Cost (INR Cr) | 1 | 4 | 4 | -4 | 8 | 7 | 3 | 2 | 5 | 6 | 7 | 7 | 8 | 4 | 7 | 14 |
| Cash & Bank Balance (INR Cr) | 98 | 52 | 151 | 81 | 72 | 34 | 7 | 14 | 14 | 13 | 13 | 14 | 6 | 4 | 12 | 5 |
| Total Debt (INR Cr) | 9 | 38 | 148 | 116 | 85 | 80 | 97 | 61 | 64 | 60 | 97 | 97 | 97 | 98 | 83 | 64 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 0.2% | 0.7% | 2.1% | 3.2% | 1.4% | 1.0% | 1.2% | 1.3% | 0.8% | 0.6% | 0.6% | 0.5% | 0.3% | 0.7% | 0.9% | 0.6% |
| Profit As % Of Assets | 0.9% | 4.7% | 12.1% | 18.5% | 8.5% | 5.9% | 4.6% | 5.3% | 3.6% | 3.3% | 3.7% | 2.7% | 1.5% | 2.5% | 2.6% | 2.5% |
| Profit As % Of Networth | 0.9% | 5.3% | 17.6% | 27.7% | 13.2% | 9.5% | 8.1% | 8.5% | 6.5% | 6.0% | 8.5% | 6.6% | 3.8% | 6.7% | 6.5% | 5.5% |
| Interest Cost to EBITDA % | 23.3% | 20.2% | 6.0% | - | 22.7% | 26.1% | 13.2% | 13.0% | 36.8% | 45.0% | 38.9% | 50.5% | 64.8% | 36.5% | 71.0% | 86.5% |
| Debt to Equity Ratio | 0.03 | 0.12 | 0.45 | 0.48 | 0.54 | 0.60 | 0.76 | 0.57 | 0.77 | 0.77 | 1.29 | 1.43 | 1.52 | 1.60 | 1.44 | 1.20 |
| RONW | 0.9% | 5.3% | 20.3% | 33.6% | 14.2% | 9.8% | 8.8% | 9.5% | 6.7% | 6.0% | 8.9% | 6.8% | 3.9% | 6.9% | 6.8% | 5.6% |
| ROCE | 1.5% | 6.4% | 19.3% | 28.0% | 15.4% | 11.7% | 9.5% | 9.9% | 9.0% | 8.4% | 9.0% | 7.9% | 6.9% | 6.3% | 9.2% | 13.8% |