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Compare Welspun Corp with Cummins India - Equitymaster
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WELSPUN CORP vs CUMMINS INDIA - Comparison Results

WELSPUN CORP    Change

Welspun Ltd., the flagship company of the US$ 3 bn Welspun Group, is the second largest (large diameter) pipe producer in the world. Incorporated in 1995, it manufactures pipe and related niche products. The energy transportation sector (oil, gas, cr... More

CUMMINS INDIA 
   Change

Cummins India Limited (CIL) is a subsidiary of Cummins Inc. US, the world's largest independent diesel engine designer and manufacturer of above 200 HP (horsepower engines. Set up in 1962, CIL is India's leading manufacturer of diesel engines with a ... More

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Current Valuations

    WELSPUN CORP CUMMINS INDIA WELSPUN CORP/
CUMMINS INDIA
 
P/E (TTM) x 24.2 33.4 72.3% View Chart
P/BV x 1.2 6.3 18.2% View Chart
Dividend Yield % 0.4 1.6 23.6%  

Financials

 WELSPUN CORP   CUMMINS INDIA
EQUITY SHARE DATA
    WELSPUN CORP
Mar-16
CUMMINS INDIA
Mar-17
WELSPUN CORP/
CUMMINS INDIA
5-Yr Chart
Click to enlarge
High Rs154959 16.0%   
Low Rs53747 7.1%   
Sales per share (Unadj.) Rs313.7184.2 170.3%  
Earnings per share (Unadj.) Rs8.626.6 32.3%  
Cash flow per share (Unadj.) Rs25.729.6 86.7%  
Dividends per share (Unadj.) Rs0.5014.00 3.6%  
Dividend yield (eoy) %0.51.6 29.5%  
Book value per share (Unadj.) Rs115.5139.7 82.7%  
Shares outstanding (eoy) m265.23277.20 95.7%   
Bonus/Rights/Conversions ESOP--  
Price / Sales ratio x0.34.6 7.1%   
Avg P/E ratio x12.032.1 37.5%  
P/CF ratio (eoy) x4.028.8 14.0%  
Price / Book Value ratio x0.96.1 14.6%  
Dividend payout %5.852.7 11.1%   
Avg Mkt Cap Rs m27,385236,479 11.6%   
No. of employees `0002.83.7 76.7%   
Total wages/salary Rs m6,6324,453 148.9%   
Avg. sales/employee Rs Th29,526.013,898.7 212.4%   
Avg. wages/employee Rs Th2,353.61,212.0 194.2%   
Avg. net profit/employee Rs Th807.22,004.0 40.3%   
INCOME DATA
Net Sales Rs m83,20451,064 162.9%  
Other income Rs m1,3761,410 97.6%   
Total revenues Rs m84,58052,473 161.2%   
Gross profit Rs m8,9748,046 111.5%  
Depreciation Rs m4,542855 531.4%   
Interest Rs m2,637171 1,544.7%   
Profit before tax Rs m3,1718,430 37.6%   
Minority Interest Rs m-87811 -10.7%   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m8091,878 43.1%   
Profit after tax Rs m2,2757,363 30.9%  
Gross profit margin %10.815.8 68.4%  
Effective tax rate %25.522.3 114.5%   
Net profit margin %2.714.4 19.0%  
BALANCE SHEET DATA
Current assets Rs m51,23626,882 190.6%   
Current liabilities Rs m33,70212,159 277.2%   
Net working cap to sales %21.128.8 73.1%  
Current ratio x1.52.2 68.8%  
Inventory Days Days7141 174.2%  
Debtors Days Days7169 103.3%  
Net fixed assets Rs m45,54219,566 232.8%   
Share capital Rs m1,326554 239.2%   
"Free" reserves Rs m26,98838,157 70.7%   
Net worth Rs m30,64538,711 79.2%   
Long term debt Rs m23,9910-   
Total assets Rs m98,30952,143 188.5%  
Interest coverage x2.250.4 4.4%   
Debt to equity ratio x0.80-  
Sales to assets ratio x0.81.0 86.4%   
Return on assets %5.014.4 34.6%  
Return on equity %7.419.0 39.0%  
Return on capital %10.524.3 43.1%  
Exports to sales %10.30-   
Imports to sales %30.00-   
Exports (fob) Rs m8,557NA-   
Imports (cif) Rs m24,955NA-   
Fx inflow Rs m8,59716,313 52.7%   
Fx outflow Rs m25,6059,368 273.3%   
Net fx Rs m-17,0086,945 -244.9%   
CASH FLOW
From Operations Rs m-1,5497,482 -20.7%  
From Investments Rs m173-4,868 -3.5%  
From Financial Activity Rs m1,973-2,265 -87.1%  
Net Cashflow Rs m597386 154.6%  

Share Holding

Indian Promoters % 36.0 0.0 -  
Foreign collaborators % 2.4 51.0 4.7%  
Indian inst/Mut Fund % 8.4 18.1 46.5%  
FIIs % 6.5 18.0 36.1%  
ADR/GDR % 8.8 0.0 -  
Free float % 37.9 12.9 293.8%  
Shareholders   63,268 41,179 153.6%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare WELSPUN CORP With:   TEXMACO INFRA  GRINDWELL NORTON  VA TECH WABAG  BANCO PROD.  VOLTAS  

Compare WELSPUN CORP With:   ANSALDO STS (Italy)  SHANGHAI ELEC. (China)  DONGFANG ELEC. (China)  ABB (Switz.)  



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Oct 19, 2017 07:33 PM

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