WELCAST | INVESTMENT & PREC. | WELCAST/ INVESTMENT & PREC. |
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P/E (TTM) | x | 44.7 | 70.6 | 63.4% | View Chart |
P/BV | x | 2.1 | 4.8 | 44.8% | View Chart |
Dividend Yield | % | 0.2 | 0.1 | 151.3% |
WELCAST INVESTMENT & PREC. |
EQUITY SHARE DATA | |||||
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WELCAST Mar-24 |
INVESTMENT & PREC. Mar-24 |
WELCAST/ INVESTMENT & PREC. |
5-Yr Chart Click to enlarge
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High | Rs | 1,700 | 765 | 222.2% | |
Low | Rs | 533 | 285 | 187.0% | |
Sales per share (Unadj.) | Rs | 1,423.0 | 341.9 | 416.2% | |
Earnings per share (Unadj.) | Rs | 82.0 | 15.6 | 526.3% | |
Cash flow per share (Unadj.) | Rs | 93.7 | 31.2 | 300.0% | |
Dividends per share (Unadj.) | Rs | 2.50 | 1.00 | 250.0% | |
Avg Dividend yield | % | 0.2 | 0.2 | 117.6% | |
Book value per share (Unadj.) | Rs | 629.9 | 171.3 | 367.7% | |
Shares outstanding (eoy) | m | 0.64 | 5.00 | 12.8% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Price / Sales ratio | x | 0.8 | 1.5 | 51.0% | |
Avg P/E ratio | x | 13.6 | 33.7 | 40.3% | |
P/CF ratio (eoy) | x | 11.9 | 16.8 | 70.7% | |
Price / Book Value ratio | x | 1.8 | 3.1 | 57.7% | |
Dividend payout | % | 3.0 | 6.4 | 47.4% | |
Avg Mkt Cap | Rs m | 713 | 2,625 | 27.1% | |
No. of employees | `000 | NA | NA | - | |
Total wages/salary | Rs m | 75 | 68 | 111.3% | |
Avg. sales/employee | Rs Th | 0 | 0 | - | |
Avg. wages/employee | Rs Th | 0 | 0 | - | |
Avg. net profit/employee | Rs Th | 0 | 0 | - |
INCOME DATA | |||||
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Net Sales | Rs m | 911 | 1,710 | 53.3% | |
Other income | Rs m | 36 | 11 | 324.2% | |
Total revenues | Rs m | 947 | 1,721 | 55.0% | |
Gross profit | Rs m | 44 | 255 | 17.4% | |
Depreciation | Rs m | 7 | 78 | 9.5% | |
Interest | Rs m | 3 | 73 | 4.2% | |
Profit before tax | Rs m | 70 | 115 | 61.1% | |
Minority Interest | Rs m | 0 | 0 | - | |
Prior Period Items | Rs m | 0 | 0 | - | |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
Tax | Rs m | 18 | 37 | 47.8% | |
Profit after tax | Rs m | 52 | 78 | 67.4% | |
Gross profit margin | % | 4.9 | 14.9 | 32.7% | |
Effective tax rate | % | 25.1 | 32.1 | 78.2% | |
Net profit margin | % | 5.8 | 4.6 | 126.5% |
BALANCE SHEET DATA | |||||
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Current assets | Rs m | 438 | 1,013 | 43.2% | |
Current liabilities | Rs m | 102 | 969 | 10.5% | |
Net working cap to sales | % | 36.9 | 2.6 | 1,437.7% | |
Current ratio | x | 4.3 | 1.0 | 411.0% | |
Inventory Days | Days | 85 | 24 | 356.2% | |
Debtors Days | Days | 287 | 778 | 36.9% | |
Net fixed assets | Rs m | 68 | 1,003 | 6.8% | |
Share capital | Rs m | 6 | 50 | 12.8% | |
"Free" reserves | Rs m | 397 | 807 | 49.2% | |
Net worth | Rs m | 403 | 857 | 47.1% | |
Long term debt | Rs m | 0 | 123 | 0.0% | |
Total assets | Rs m | 506 | 2,016 | 25.1% | |
Interest coverage | x | 24.1 | 2.6 | 934.7% | |
Debt to equity ratio | x | 0 | 0.1 | 0.0% | |
Sales to assets ratio | x | 1.8 | 0.8 | 212.2% | |
Return on assets | % | 11.0 | 7.5 | 146.6% | |
Return on equity | % | 13.0 | 9.1 | 143.2% | |
Return on capital | % | 18.1 | 19.2 | 94.7% | |
Exports to sales | % | 0 | 13.1 | 0.0% | |
Imports to sales | % | 0 | 0 | - | |
Exports (fob) | Rs m | NA | 224 | 0.0% | |
Imports (cif) | Rs m | NA | NA | - | |
Fx inflow | Rs m | 0 | 224 | 0.0% | |
Fx outflow | Rs m | 0 | 0 | - | |
Net fx | Rs m | 0 | 224 | 0.0% |
CASH FLOW | |||||
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From Operations | Rs m | 39 | 58 | 67.3% | |
From Investments | Rs m | -11 | -72 | 15.3% | |
From Financial Activity | Rs m | -3 | 23 | -11.3% | |
Net Cashflow | Rs m | 25 | 9 | 284.5% |
Indian Promoters | % | 74.9 | 52.0 | 144.0% | |
Foreign collaborators | % | 0.0 | 0.0 | - | |
Indian inst/Mut Fund | % | 0.0 | 0.6 | 1.6% | |
FIIs | % | 0.0 | 0.2 | - | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 25.2 | 48.0 | 52.4% | |
Shareholders | 2,078 | 3,984 | 52.2% | ||
Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare WELCAST With: ELECTROSTEEL CAST ALICON CASTALLOY STEELCAST AIA ENGINEERING
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
Period | WELCAST | INVESTMENT & PREC. | S&P BSE METAL |
---|---|---|---|
1-Day | -1.35% | 2.12% | 1.15% |
1-Month | -3.97% | -2.57% | -5.11% |
1-Year | -10.56% | 18.71% | 27.23% |
3-Year CAGR | 48.23% | 41.62% | 16.35% |
5-Year CAGR | 21.05% | 38.67% | 26.24% |
* Compound Annual Growth Rate
Here are more details on the WELCAST share price and the INVESTMENT & PREC. share price.
Moving on to shareholding structures...
The promoters of WELCAST hold a 74.9% stake in the company. In case of INVESTMENT & PREC. the stake stands at 52.0%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of WELCAST and the shareholding pattern of INVESTMENT & PREC..
Finally, a word on dividends...
In the most recent financial year, WELCAST paid a dividend of Rs 2.5 per share. This amounted to a Dividend Payout ratio of 3.0%.
INVESTMENT & PREC. paid Rs 1.0, and its dividend payout ratio stood at 6.4%.
You may visit here to review the dividend history of WELCAST, and the dividend history of INVESTMENT & PREC..
For a sector overview, read our steel sector report.
Asian markets traded higher on Friday, following the overnight rally on Wall Street, and the release of economic data in the region.