Ann: Vitaco First Half FY16 Result, page-32

Honestly, it is not too surprising to see the price to go down to this level. Compared with BGA, who also released their half year report today, they have achieved NAPT grew of 9.9%, while VIT pro forma NAPT grew at 12.5%.
Assume both company achieve exactly the same profit in the 2H Year as 1H year, BGA has PE of 30X, while VIT of 26.7X at today's closing price.

Plus BGA has no such big statutory loss as VIT, and the balance sheet looks a little bit better than VIT. It is fair enough to justify BGA's PE is 13% higher than VIT. So no much complaint.