vimla fuels and metals limited
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About Vimla Fuels and Metals Limited
About Company:
Vimla Fuels & Metals Pvt. Ltd. (VFML) has established itself as a prominent name in the metallurgical coal and coke business. With a strong presence spanning over 20 years, VFML operates across key locations in India, including Bhilai, Durgapur, and Kandla. The company deals in metallurgical coke, coal, steel, and steel wire, serving both the East and West Coasts of the Indian market.
Humble Beginnings to Industry Leader
VFML began its journey with a modest corpus and a grand vision, initially trading coke breeze. Through strategic partnerships with major corporate houses, the company successfully grew its trading business. In 2017, VFML decided to expand its operations and selected Gujarat's Kandla as its manufacturing hub. The acquisition of a distressed metallurgical coke plant in the Bhachau region marked a turning point, propelling VFML to new heights in the industry.
Expansion and Technological Advancements
Today, VFML operates three large plants on long-term leases and is in the process of commissioning two new coke oven plants equipped with dry quenching technology. This cutting-edge technology not only enhances efficiency but also reduces environmental impact. As a result, VFML has become the largest metallurgical coke producer in the Kutch region.
Commitment to Excellence and Global Expansion
VFML is rapidly expanding its footprint in the export market, adhering to international standards and best practices. The company currently produces around half a million tons of coke annually, catering to the growing demands of both domestic and international markets. This commitment to excellence and innovation has solidified VFML's reputation as a leader in the metallurgical coal and coke industry.
Product Range:
- Met Coke - BF Grade
- Foundry Coke
- Small Size Coke
- Nut Coke for Ferro Alloys
Clinetal Base:
VFM produces high grade met coke/lam coke for its domestic & overseas clients, day by day Company’s client list is getting bigger. List of existing clients:
- Trafigura Pte Limited Singapore
- Arcelormittal Italy
- Nippon Steel Japan
- Noble Resources Pte Limited, Singapore
- CSN Brazil
- JSW, Vijayanagar
- Monet Ispat (under JSW), Raighardh
- Nirma Limited, Bhavnagar & Porbander
- Electrotherm Steel, Samakhayali
| Price Per Equity Share | ₹ 155 |
| Lot Size | N/A |
| 52 Week High | ₹ N/A |
| 52 Week Low | ₹ N/A |
| Depository | N/A |
| PAN Number | AAFCV4427L |
| ISIN Number | INE0RBP01010 |
| CIN | U51900CT2016PTC002127 |
| RTA | N/A |
| Market Cap (in cr.) | ₹ 388 |
| P/E Ratio | 9.01 |
| P/B Ratio | 3.31 |
| Debt to Equity | 0.19 |
| ROE (%) | 40.19 |
| Book Value | 46.8 |
| Face Value | 10 |
| Total Shares | 25000000 |
Financials
| P&L Statement | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenue | 184 | 673 | 713 |
| Cost of Material Consumed | 140 | 578 | 659 |
| Gross Margins | 23.91 | 14.12 | 7.57 |
| Change in Inventory | 14 | -2 | -26 |
| Employee Benefit Expenses | 0.5 | 4 | 1 |
| Other Expenses | 25 | 34 | 19 |
| EBITDA | 4.5 | 59 | 60 |
| OPM | 2.45 | 8.77 | 8.42 |
| Other Income | 0.1 | 0.47 | 6 |
| Finance Cost | 2.2 | 3 | 6 |
| D&A | 0.4 | 0.54 | 1 |
| EBIT | 4.1 | 58.46 | 59 |
| EBIT Margins | 2.23 | 8.69 | 8.27 |
| PBT | 1.6 | 56 | 58 |
| PBT Margins | 0.87 | 8.32 | 8.13 |
| Tax | 0.5 | 14 | 15 |
| PAT | 1.1 | 42 | 43 |
| NPM | 0.6 | 6.24 | 6.03 |
| EPS | 0.58 | 22.11 | 22.63 |
| Financial Ratios | 2021 | 2022 | 2023 |
|---|---|---|---|
| Operating Profit Margin | 2.45 | 8.77 | 8.42 |
| Net Profit Margin | 0.6 | 6.24 | 6.03 |
| Earning Per Share (Diluted) | 0.58 | 22.11 | 22.63 |