1. Venky's (India)
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100% Buy

Venky's (India) Share Price

VENKEYS

₹1,814.95+₹9.70 (0.54%) TodayLast updated on 23 Jul, 2024 | 15:29 IST
₹1,752.00₹1,851.30
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  • Company overview

  • Fundamentals

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Company overview

Financial performance

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Market cap

Market Cap Switch₹2,582 Crs

Open

₹1,806.00

Close

₹1,805.25

Circuit range

₹2,166.30 - ₹1,444.20

Day range

₹1,752.00 - ₹1,851.30

Year range

₹1,531.00 - ₹2,314.90

Volume

39,499

Avg. traded

₹1,808.72

Revenue (12m)

₹3,738 Crs

Venky's (India)

Venky’s India Limited, formerly known as Venkateshwara Hatcheries Limited, was founded by BV Rao. He established the Venkateshwara Hatcheries in Pune in 1971. The company now has a presence all across the world. As of March 31, 2023, Venky’s has 5,282 employees.

With an exclusive mixture of know-how, understanding and strategic collaborations, Venky’s has diversified its activities to include specific pathogen-free (SPF) eggs, chicken and eggs processing, broiler and layer breeding, genetic research feed supplements and vaccine production.

Venky’s India was registered as a private limited company in 1976. It was converted into a public limited in December 1988. The company made several strides during this phase and set up a 100% export-oriented unit in Pune. The capacity of this unit was 30,000 broiler breeders. This unit was commissioned in June 1992.

The company’s activities primarily include the production of poultry and eggs and manufacturing animal food. As a secondary activity, the company has engaged itself in research and development of medicines and pharmaceuticals.

Venky’s India manufactures medicines for chicken which caters to both internal consumption as well as the poultry industry throughout. The company with vast experience in the poultry industry has set the value proposition by producing diversified and value-based products.

The company’s strong R&D arm has given it the status of a leader in the animal health market.

Poultry and poultry products

When it comes to segment-wise performance, poultry and poultry products was the most significant business segment of Venky’s. In FY23, the turnover from poultry and poultry products was ₹1,751.64 crore as compared to ₹1,711.56 crore in FY22.

Animal health products

Venky’s manufacturing plant for animal health products is situated in Pune. The sales in FY23 was ₹290.02 crore.

Oilseed

The company is also involved in the processing of oilseed which is a significant segment of its business. The sales turnover from the oilseed segment was ₹2,307.87 crore as compared to ₹2,567.81 crore in the previous year.

Venky’s India operates their sales channel through different wholesalers and distributors and also through prominent food chain brands such as KFC, McDonald’s, Domino’s and Pizza Hut to name a few. Besides, the company has its own Venky’s Xprs, the retail food chain venture, which acts as a key channel partner.

As on March 31, 2023, the Promoters hold 56.11% shares in the company whereas FIIs and Public holds 0.95% and 42.96% shares respectively The market capitalisation of Venky’s India Limited stood over ₹2,700 crores as of January 2, 2024. Venky’s India share price has grown over 13% in the past three years.

Financial highlights

The company’s revenue was reported at ₹4,234 crore for FY23, down by 3.8% year-on-year compared to ₹4,400 crore in FY22. The net profit for the FY23 was reported at ₹70.48 crore, down by 57% compared to previous year’s ₹164.78 crore. Venky’s earnings per share was ₹50.03 in FY23, down by 57% from FY22. The company declared a dividend on equity at ₹18.31 per share over the previous year’s dividend of ₹23.95.

Venky's (India) Key indicators

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52 week high

₹2,314.90

52 week low

₹1,531.00

P/E ratio

32.16

P/B ratio

ROE

5.53%

ROCE

7.78%

Dividend yield

0.39%

Debt/Equity ratio

0.14

EPS

50.03

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Investment checklist: (3/6)

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

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Buy

100%

Hold

0%

Sell

0%

This analysis is based on the reviews of 1 experts in the last 7 days

Fundamentals

Financial ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

3.52%

Net profit margin

1.66%

ROE

5.53%

ROA

3.56%

ROCE

7.78%

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Venky's (India) Shareholder returns

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1 day

-1.81%

1 week

-6.35%

1 month

-11.89%

3 months

+2.28%

1 year

-6.41%

3 years

-47.56%

5 years

+25.78%

Venky's (India) Share Price history

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DayOpenCloseDay’s change
Mon, Jul 22 2024
₹1,787.05
₹1,805.25
+0.32%
Fri, Jul 19 2024
₹1,860.00
₹1,799.50
-1.81%
Thu, Jul 18 2024
₹1,893.00
₹1,832.70
-3.19%
Tue, Jul 16 2024
₹1,910.00
₹1,893.15
-0.77%
Mon, Jul 15 2024
₹1,894.00
₹1,907.85
-0.24%
Fri, Jul 12 2024
₹1,936.00
₹1,912.50
-0.47%
Thu, Jul 11 2024
₹1,943.80
₹1,921.50
-0.45%
Wed, Jul 10 2024
₹1,948.30
₹1,930.10
-0.93%

Shareholding info

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Promoters (56.11%)

Mutual Funds (0.06%)

Retail and other (42.28%)

Foreign institutions-FII (1.4%)

Other domestic institutions (0.16%)

Promoters

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Events

Corporate actions

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  • Dividend • ₹6/share

    Ex date 08 Sep 2023

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  • Dividend • ₹13/share

    Ex date 08 Sep 2022

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  • Dividend • ₹7/share

    Ex date

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Frequently asked questions