Welspun Special.Soln

₹36.7 0.1 | 0.3%

WEBSITE BSE:500365 NSE : WELSPLSOL 10 May, 16:01

Market Cap ₹1945 Cr.

Stock P/E 31.1

P/B 36

Current Price ₹36.7

Book Value ₹ 1

Face Value 6

52W High ₹46

Dividend Yield 0%

52W Low ₹ 19

Edit Ratio

Welspun Special.Soln Research see more...

Overview Inc. Year: 1993Industry: Steel & Iron Products

Welspun Specialty Solutions Ltd manufactures and sells steel and metal products in India. The business enterprise gives cast, billet, heat treated, bloom, ingot, rolled bar, bright bar, and other products, as well as presents seamless tubes and pipes. Its merchandise are utilized in energy, defense, automotive, nuclear power, and aerospace industries. The enterprise become formerly called RMG Alloy Steel Ltd and changed its call to Welspun Specialty Solutions Ltd in August 2019. Welspun Specialty Solutions Ltd was incorporated in 1980 and is based in Mumbai, India.

Welspun Special.Soln Share Price

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Price: NSE50 DMA200 DMAVolume

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Peer Comparison

Welspun Special.Soln Quarterly Results

#(Fig in Cr.)	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Net Sales	40	84	82	87	111	138	163	208	175	151
Other Income	1	18	4	7	2	3	3	6	7	5
Total Income	41	102	85	94	113	141	166	214	182	156
Total Expenditure	43	89	85	93	103	120	143	196	163	139
Operating Profit	-2	13	1	0	9	21	23	18	19	17
Interest	4	7	5	7	9	9	8	9	9	7
Depreciation	4	4	4	4	4	4	4	4	4	4
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	-10	2	-8	-11	-3	8	11	5	6	6
Provision for Tax	0	0	0	0	0	0	0	0	0	-34
Profit After Tax	-10	2	-8	-11	-3	8	11	5	6	40
Adjustments	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	-10	2	-8	-11	-3	8	11	5	6	40
Adjusted Earnings Per Share	-0.2	0	-0.2	-0.2	-0.1	0.2	0.2	0.1	0.1	0.8

Welspun Special.Soln Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	354	417	334	268	233	235	441	295	93	163	418	697
Other Income	3	2	12	2	6	5	4	5	2	19	15	21
Total Income	357	419	345	270	239	240	445	300	95	182	433	718
Total Expenditure	379	416	343	281	248	246	478	366	114	182	401	641
Operating Profit	-23	3	2	-11	-9	-6	-34	-66	-19	1	31	77
Interest	49	50	50	46	45	47	9	15	11	19	30	33
Depreciation	22	22	12	7	7	7	7	10	14	14	15	16
Exceptional Income / Expenses	0	35	23	3	3	5	29	11	138	0	0	0
Profit Before Tax	-93	-34	-37	-60	-58	-55	-20	-81	93	-32	-14	28
Provision for Tax	0	0	0	0	0	0	0	0	0	0	0	-34
Profit After Tax	-93	-34	-37	-60	-58	-55	-20	-81	93	-32	-14	62
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	-93	-34	-37	-60	-58	-55	-20	-81	93	-32	-14	62
Adjusted Earnings Per Share	-8.6	-3.1	-3.4	-5.5	-5.4	-5	-0.6	-1.7	1.8	-0.6	-0.3	1.2

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	156%	12%	12%	2%
Operating Profit CAGR	3000%	0%	0%	0%
PAT CAGR	0%	0%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	84%	35%	21%	27%
ROE Average	0%	-50%	-30%	-14%
ROCE Average	6%	15%	3%	-1%

Welspun Special.Soln Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	-71	-83	-148	-180	-445	-326	-212	-105	39	44	29
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	161	164	200	291	496	485	258	218	153	232	219
Other Non-Current Liabilities	2	1	2	1	2	2	2	1	63	13	1
Total Current Liabilities	270	289	239	134	158	419	363	213	44	85	227
Total Liabilities	363	371	293	246	210	581	411	328	299	372	477
Fixed Assets	185	164	123	118	110	105	100	219	224	212	207
Other Non-Current Assets	4	7	4	3	2	12	91	15	5	8	3
Total Current Assets	174	200	167	126	98	464	220	94	70	152	267
Total Assets	363	371	293	246	210	581	411	328	299	372	477

Welspun Special.Soln Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	1	3	4	1	4	2	243	0	0	0	5
Cash Flow from Operating Activities	-33	15	-15	25	18	-5	-2	-27	43	-84	50
Cash Flow from Investing Activities	-0	-5	-2	-1	4	-74	-18	-48	-9	-5	-5
Cash Flow from Financing Activities	35	-10	14	-25	-24	320	-222	75	-34	93	-50
Net Cash Inflow / Outflow	2	1	-3	-1	-2	241	-243	0	0	5	-5
Closing Cash & Cash Equivalent	3	4	1	0	2	243	0	0	0	5	0

Welspun Special.Soln Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	-8.6	-3.15	-3.38	-5.54	-5.39	-5.03	-0.58	-1.66	1.76	-0.61	-0.26
CEPS(Rs)	-6.55	-1.09	-2.29	-4.93	-4.78	-4.42	-0.39	-1.45	2.02	-0.34	0.02
DPS(Rs)	0	0	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	-11.62	-13.78	-18.36	-22.06	-41.02	-46.03	-6.77	-2.49	0.7	0.11	-0.16
Core EBITDA Margin(%)	-6.36	0.23	-2.46	-4.3	-5.89	-4.48	-8.5	-24.07	-22.11	-11.26	4
EBIT Margin(%)	-11.3	3.34	3.56	-4.76	-5.09	-3.2	-2.43	-22.35	112.13	-8.42	3.97
Pre Tax Margin(%)	-23.53	-7.32	-9.83	-20.02	-22.29	-22.7	-4.57	-27.57	99.85	-19.87	-3.29
PAT Margin (%)	-23.53	-7.32	-9.83	-20.02	-22.29	-22.7	-4.57	-27.57	99.75	-19.87	-3.29
Cash Profit Margin (%)	-17.92	-2.54	-6.67	-17.81	-19.77	-19.95	-3.05	-24.07	114.53	-10.99	0.28
ROA(%)	-22.71	-9.29	-11.02	-22.27	-25.57	-13.78	-4.06	-22.04	29.74	-9.66	-3.24
ROE(%)	0	0	0	0	0	0	0	0	0	-150.95	0
ROCE(%)	-17.33	6.61	6.08	-7.22	-7.83	-2.41	-3.18	-28.28	43.68	-5.55	6.06
Receivable days	85.71	72.35	86.99	80.11	74.44	92.49	62.68	50.48	39.91	28.47	24.74
Inventory Days	85.6	55.28	52.36	55.31	62.01	82.41	75.62	115.84	240.53	187.56	136.63
Payable days	206.86	129.94	140.56	137.94	122.88	147.45	134.34	131.77	184.67	162.47	194.84
PER(x)	0	0	0	0	0	0	0	0	7.13	0	0
Price/Book(x)	-0.25	-0.19	-0.15	-0.18	-0.11	-0.28	-2.14	-2.04	17.9	137.5	-113.54
Dividend Yield(%)	0	0	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	1.06	0.86	1.3	1.7	2.8	2.95	2.05	2.1	8.94	6.6	2.92
EV/Core EBITDA(x)	-16.74	134.33	177.78	-42.11	-70.73	-114.23	-26.92	-9.35	-43.86	1457.25	38.81
Net Sales Growth(%)	-39.44	17.77	-19.99	-19.65	-13.17	1.04	87.35	-33.03	-68.35	74.77	155.88
EBIT Growth(%)	-201.48	134.78	-14.89	-207.62	6.45	42.47	-39.19	-517.03	258.82	-113.13	220.51
PAT Growth(%)	-63.66	63.43	-7.33	-64.04	2.75	6.69	63.05	-304.02	214.54	-134.81	57.64
EPS Growth(%)	-63.66	63.43	-7.33	-64.04	2.75	6.69	88.44	-186.45	205.79	-134.76	57.65
Debt/Equity(x)	-3.76	-2.88	-2.46	-1.99	-1.36	-1.6	-1.75	-3.07	4.63	5.52	7.94
Current Ratio(x)	0.64	0.69	0.7	0.94	0.62	1.11	0.61	0.44	1.58	1.8	1.17
Quick Ratio(x)	0.35	0.48	0.51	0.6	0.35	0.95	0.28	0.11	0.37	0.45	0.3
Interest Cover(x)	-0.92	0.31	0.27	-0.31	-0.3	-0.16	-1.13	-4.28	9.13	-0.74	0.55
Total Debt/Mcap(x)	10.38	10.71	12.37	8.36	12.19	5.82	0.81	1.51	0.26	0.3	0.25

Welspun Special.Soln Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	53.55	53.55	53.55	53.55	53.55	55.17	55.17	55.17	55.17	55.17
FII	0	0	0	0.02	0.02	0.02	0.02	0	0	0
DII	0.01	0.01	0.01	0	0.01	0.01	0.01	0.01	0.01	0.01
Public	46.44	46.44	46.44	46.43	46.42	44.8	44.8	44.83	44.83	44.83
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	28.39	28.39	28.39	28.39	28.39	29.24	29.24	29.24	29.24	29.24
FII	0	0	0	0.01	0.01	0.01	0.01	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	24.62	24.62	24.62	24.61	24.61	23.75	23.75	23.76	23.76	23.76
Others	0	0	0	0	0	0	0	0	0	0
Total	53.01	53.01	53.01	53.01	53.01	53.01	53.01	53.01	53.01	53.01

Pros

Company has reduced debt.

Cons

Company has a low return on equity of -50% over the last 3 years.
Debtor days have increased from 162.47 to 194.84days.
Stock is trading at 36 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Welspun Special.Soln

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Welspun Special.Soln Research see more...

Overview Inc. Year: 1993Industry: Steel & Iron Products

Welspun Special.Soln Share Price

Alert Data

Quarterly Price

Peer Comparison

Welspun Special.Soln Quarterly Results

Welspun Special.Soln Profit & Loss

Growth Rates

Welspun Special.Soln Balance Sheet

Welspun Special.Soln Cash Flow

Welspun Special.Soln Ratios

Welspun Special.Soln Shareholding Pattern

Welspun Special.Soln News

Top Unlisted Companies & InstaBuy Companies

Electrosteel Steel Ltd

IPO

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