equitymaster.comFalseFalseWELSPUN CORP |
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Price History |
Price | Rs | 524.6 | | % ch | % | 1.8 |
Mkt Cap | Rs m | 137,257 | | No. of
shares | m | 261.67 |
Vol | '000 | 0.0 | | % ch week | % | -3.5 |
P/E | X | 15.4 | | % ch 1-mth | % | -6.9 |
P/CF | X | 27.3 | | % ch 12-mth | % | 159.2 |
EPS (TTM) | Rs | 34.2 | | 52 week H/L | Rs | 625.0/186.0 |
(As on Mar 19, 2024 09:13:00 AM) |
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Financials |
* Results Consolidated | No. of Months
Year Ending | 12
Mar-19* | 12
Mar-20* | 12
Mar-21* | 12
Mar-22* | 12
Mar-23* |
EQUITY SHARE DATA |
High | Rs | 187 | 234 | 146 | 197 | 298 |
Low | Rs | 89 | 60 | 55 | 106 | 160 |
Sales per share (Unadj.) | Rs | 337.6 | 381.7 | 274.2 | 249.3 | 373.1 |
Earnings per share (Unadj.) | Rs | 2.3 | 26.5 | 32.1 | 17.0 | 7.6 |
Diluted earnings per share | Rs | 2.3 | 26.5 | 32.0 | 17.0 | 7.6 |
Cash flow per share (Unadj.) | Rs | 12.0 | 35.5 | 41.6 | 26.8 | 19.2 |
Dividends per share (Unadj.) | Rs | 0.50 | 10.50 | 5.00 | 5.00 | 5.00 |
Adj. dividends per share | Rs | 0.51 | 10.47 | 4.98 | 4.99 | 5.00 |
Avg Dividend yield | % | 0.4 | 7.1 | 5.0 | 3.3 | 2.2 |
Book value per share (Unadj.) | Rs | 105.3 | 122.9 | 156.0 | 169.3 | 180.4 |
Adj. book value per share | Rs | 106.8 | 122.5 | 155.5 | 168.8 | 180.3 |
Shares outstanding (eoy) | m | 265.23 | 260.88 | 260.88 | 260.95 | 261.53 |
Bonus / Rights / Conversions | | 0 | 0 | 0 | 0 | 0 |
Price / Sales ratio | x | 0.4 | 0.4 | 0.4 | 0.6 | 0.6 |
Avg P/E ratio | x | 61.2 | 5.5 | 3.1 | 8.9 | 30.1 |
P/CF ratio (eoy) | x | 11.5 | 4.1 | 2.4 | 5.7 | 11.9 |
Price / Book Value ratio | x | 1.3 | 1.2 | 0.6 | 0.9 | 1.3 |
Dividend payout | % | 22.2 | 39.6 | 15.6 | 29.4 | 65.7 |
Avg Mkt Cap | Rs m | 36,628 | 38,330 | 26,154 | 39,534 | 59,936 |
No. of employees | `000 | NA | NA | NA | NA | NA |
Total wages/salary | Rs m | 5,720 | 6,365 | 4,545 | 3,835 | 5,411 |
Avg. sales/employee | Rs Th | 0 | 0 | 0 | 0 | 0 |
Avg. wages/employee | Rs Th | 0 | 0 | 0 | 0 | 0 |
Avg. net profit/employee | Rs Th | 0 | 0 | 0 | 0 | 0 |
INCOME DATA |
Net Sales | Rs m | 89,535 | 99,568 | 71,526 | 65,051 | 97,581 |
Other income | Rs m | 1,346 | 1,159 | 3,660 | 5,609 | 3,573 |
Total revenues | Rs m | 90,881 | 100,726 | 75,186 | 70,660 | 101,154 |
Gross profit | Rs m | 4,846 | 13,660 | 10,584 | 4,563 | 5,225 |
Depreciation | Rs m | 2,597 | 2,333 | 2,465 | 2,548 | 3,030 |
Interest | Rs m | 1,774 | 1,440 | 849 | 1,019 | 2,432 |
Profit before tax | Rs m | 1,821 | 11,046 | 10,930 | 6,606 | 3,336 |
Minority Interest | Rs m | 0 | 0 | 0 | 0 | 0 |
Prior Period Items | Rs m | 0 | 0 | 0 | 0 | 0 |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | 0 | 0 | 0 |
Tax | Rs m | 1,223 | 4,124 | 2,553 | 2,164 | 1,345 |
Profit after tax | Rs m | 598 | 6,921 | 8,377 | 4,442 | 1,992 |
Gross profit margin | % | 5.4 | 13.7 | 14.8 | 7.0 | 5.4 |
Effective tax rate | % | 67.1 | 37.3 | 23.4 | 32.8 | 40.3 |
Net profit margin | % | 0.7 | 7.0 | 11.7 | 6.8 | 2.0 |
BALANCE SHEET DATA |
Current assets | Rs m | 48,103 | 50,262 | 44,373 | 44,660 | 97,849 |
Current liabilities | Rs m | 37,447 | 38,308 | 23,310 | 31,072 | 83,014 |
Net working cap to sales | % | 11.9 | 12.0 | 29.4 | 20.9 | 15.2 |
Current ratio | x | 1.3 | 1.3 | 1.9 | 1.4 | 1.2 |
Inventory Days | Days | 32 | 35 | 93 | 149 | 60 |
Debtors Days | Days | 48 | 46 | 34 | 5 | 4 |
Net fixed assets | Rs m | 20,436 | 22,070 | 34,196 | 48,526 | 56,233 |
Share capital | Rs m | 1,326 | 1,304 | 1,304 | 1,305 | 1,308 |
"Free" reserves | Rs m | 26,608 | 30,757 | 39,394 | 42,878 | 45,881 |
Net worth | Rs m | 27,934 | 32,062 | 40,698 | 44,182 | 47,189 |
Long term debt | Rs m | 10,778 | 5,108 | 5,900 | 14,294 | 19,262 |
Total assets | Rs m | 83,037 | 82,160 | 78,569 | 93,202 | 154,099 |
Interest coverage | x | 2.0 | 8.7 | 13.9 | 7.5 | 2.4 |
Debt to equity ratio | x | 0.4 | 0.2 | 0.1 | 0.3 | 0.4 |
Sales to assets ratio | x | 1.1 | 1.2 | 0.9 | 0.7 | 0.6 |
Return on assets | % | 2.9 | 10.2 | 11.7 | 5.9 | 2.9 |
Return on equity | % | 2.1 | 21.6 | 20.6 | 10.1 | 4.2 |
Return on capital | % | 9.3 | 33.6 | 25.3 | 13.0 | 8.7 |
Exports to sales | % | 0 | 0 | 0 | 0 | 0 |
Imports to sales | % | 27.5 | 26.1 | 15.9 | 20.2 | 27.1 |
Exports (fob) | Rs m | 0 | 0 | 0 | 0 | 0 |
Imports (cif) | Rs m | 24,612 | 26,029 | 11,360 | 13,139 | 26,421 |
Fx inflow | Rs m | 8,181 | 13,722 | 25,198 | 13,282 | 21,805 |
Fx outflow | Rs m | 24,612 | 26,029 | 11,360 | 13,139 | 26,421 |
Net fx | Rs m | -16,430 | -12,307 | 13,838 | 142 | -4,616 |
CASH FLOW |
From Operations | Rs m | 6,233 | 6,481 | 7,745 | 2,185 | -1,851 |
From Investments | Rs m | -2,822 | -774 | -8,452 | -2,091 | -4,167 |
From Financial Activity | Rs m | -3,353 | -7,431 | -1,981 | 4,527 | 9,088 |
Net Cashflow | Rs m | 334 | -1,439 | -2,713 | 4,704 | 3,761 |
* Results Consolidated | Source: Company Annual Reports, Regulatory Filings, Equitymaster |
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Share Holding |
Indian Promoters: | 50.0% |
Foreign collaborators: | 0.0% |
Indian inst/Mut Fund: | 21.8% |
FIIs: | 10.6% |
ADR/GDR: | 0.0% |
Free float: | 50.0% |
Shareholders: | 99,284 |
Pledged promoter(s) holding: | 0.0% |
|
Company Information |
REGD OFF: | “ Welspun City ”, Village Versamedi, Tal. Anjar, Kutch Dist - 370110 |
E-MAIL: | companysecretary_wcl@welspun.com |
WEB: | www.welspuncorp.com |
TELEPHONE: | 02836-662222 / 662079 |
FAX: | 02836-279060 |
SECTOR: | STEEL & IRON PRODUCTS |
GROUP: | Welspun Group |
TR AGENT: | Link Intime India Pvt Ltd., C 101 247 Park, LBS Marg, Vikhroli (West) |
AUDITOR: | MGB & Co. |
CHM: | Balkrishan Goenka |
COMP SEC: | Pradeep Joshi |
YEAR OF INC: | 1995 |
BSE CODE: | 532144 |
FV (Rs): | 5 |
DIV YIELD (%): | 1.0 |