Worldwide Aluminium Ltd

Worldwide Aluminium Ltd

₹ 17.0 9.54%
26 Apr - close price
About

Incorporated in 1990, Worldwide Aluminium Ltd trades in Aluminum Coils and other related items of aluminum industry.

Key Points

Business Overview:[1]
Company manufactures full range of Aluminum Rolled products. It sources its raw material from Hindalco Industries Limited, National Aluminum Company Limited, Bharat Aluminum Company Limited and few global companies. Company's production entails of all kinds of Aluminum foils such as household foils, Pharma blister and also produce aluminum sheets, coils, etc. Company also supplies closure stocks in coils and sheets form to major PP cap manufacturers in India

  • Market Cap 5.59 Cr.
  • Current Price 17.0
  • High / Low 19.9 / 12.6
  • Stock P/E
  • Book Value 17.6
  • Dividend Yield 0.00 %
  • ROCE 0.00 %
  • ROE 0.00 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.97 times its book value
  • Debtor days have improved from 453 to 91.4 days.
  • Company's working capital requirements have reduced from 465 days to 94.7 days

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 0.11% over last 3 years.

* 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.

Peer comparison

Sector: Trading Industry: Trading

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0.00 0.00 0.00 0.50 2.10 0.00 5.97 11.95 11.02 0.13 0.00 0.00 0.00
0.11 0.07 0.09 0.60 1.83 0.07 6.05 12.05 11.25 0.19 0.21 0.08 0.08
Operating Profit -0.11 -0.07 -0.09 -0.10 0.27 -0.07 -0.08 -0.10 -0.23 -0.06 -0.21 -0.08 -0.08
OPM % -20.00% 12.86% -1.34% -0.84% -2.09% -46.15%
0.00 0.35 0.00 0.00 0.00 0.00 0.00 0.00 0.40 0.00 0.00 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -0.11 0.28 -0.09 -0.10 0.27 -0.07 -0.08 -0.10 0.17 -0.06 -0.21 -0.08 -0.08
Tax % 0.00% 0.00% 0.00% 0.00% 3.70% 0.00% 0.00% 0.00% 5.88% 0.00% 0.00% 0.00% 0.00%
-0.11 0.28 -0.09 -0.10 0.26 -0.07 -0.08 -0.10 0.16 -0.06 -0.21 -0.08 -0.08
EPS in Rs -0.33 0.85 -0.27 -0.30 0.79 -0.21 -0.24 -0.30 0.49 -0.18 -0.64 -0.24 -0.24
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
15.21 10.00 7.57 6.16 3.64 2.91 1.38 20.13 2.53 0.00 2.67 23.51 0.13
14.63 10.07 7.76 6.08 3.80 3.12 2.19 20.19 2.86 0.34 2.65 23.51 0.56
Operating Profit 0.58 -0.07 -0.19 0.08 -0.16 -0.21 -0.81 -0.06 -0.33 -0.34 0.02 0.00 -0.43
OPM % 3.81% -0.70% -2.51% 1.30% -4.40% -7.22% -58.70% -0.30% -13.04% 0.75% 0.00% -330.77%
0.22 0.10 0.16 0.28 0.32 -0.22 1.37 -0.71 0.01 0.35 0.00 0.00 0.00
Interest 0.12 0.04 0.02 0.00 0.01 0.00 0.00 0.10 0.01 0.00 0.00 0.00 0.00
Depreciation 0.28 0.23 0.20 0.15 0.14 0.14 0.06 0.03 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.40 -0.24 -0.25 0.21 0.01 -0.57 0.50 -0.90 -0.33 0.01 0.02 0.00 -0.43
Tax % 35.00% 33.33% 24.00% 33.33% 100.00% 1.75% 60.00% -28.89% 0.00% 0.00% 0.00%
0.26 -0.16 -0.18 0.14 0.00 -0.56 0.20 -1.15 -0.33 0.01 0.01 0.00 -0.43
EPS in Rs 0.88 -0.54 -0.61 0.47 0.00 -1.89 0.67 -3.50 -1.00 0.03 0.03 0.00 -1.30
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 9%
5 Years: 76%
3 Years: 110%
TTM: -100%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -378%
Stock Price CAGR
10 Years: 16%
5 Years: 8%
3 Years: 16%
1 Year: 15%
Return on Equity
10 Years: -2%
5 Years: -3%
3 Years: 0%
Last Year: 0%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 2.97 2.97 2.97 2.97 2.97 2.97 2.97 3.29 3.29 3.29 3.29 3.29 3.29
Reserves 4.45 4.29 4.11 4.17 4.17 3.66 3.45 3.18 2.85 2.86 2.87 2.87 2.58
0.35 0.55 0.35 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
2.40 0.94 0.68 0.63 0.81 0.48 0.14 2.27 0.22 0.06 0.04 0.04 0.02
Total Liabilities 10.17 8.75 8.11 7.77 7.95 7.11 6.56 8.74 6.36 6.21 6.20 6.20 5.89
1.66 1.26 1.07 0.78 0.64 0.38 0.14 0.00 0.00 0.00 0.00 0.00 0.00
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.32 0.11 0.11 0.11 0.65 1.45 2.93 0.00 0.00 0.00 0.00 0.00 0.00
8.19 7.38 6.93 6.88 6.66 5.28 3.49 8.74 6.36 6.21 6.20 6.20 5.89
Total Assets 10.17 8.75 8.11 7.77 7.95 7.11 6.56 8.74 6.36 6.21 6.20 6.20 5.89

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
1.40 -0.58 0.44 -0.51 0.54 -0.22 -3.20 -3.74 -0.85 -0.01 -0.01 0.00
0.06 0.41 0.04 0.22 -0.31 0.46 2.53 3.89 0.10 0.00 0.00 0.00
-1.23 0.16 -0.20 -0.36 -0.01 0.00 0.00 0.65 -0.01 0.00 0.00 0.00
Net Cash Flow 0.23 -0.01 0.28 -0.64 0.22 0.23 -0.68 0.80 -0.76 -0.01 -0.01 0.00

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 25.20 40.52 31.34 15.41 27.07 32.61 304.17 117.50 867.06 814.76 91.44
Inventory Days 78.44 48.67 0.00 0.00 0.00 0.00 0.00 19.95 0.00 0.00 0.00
Days Payable 50.85 30.91 41.01
Cash Conversion Cycle 52.79 58.27 31.34 15.41 27.07 32.61 304.17 96.43 867.06 814.76 91.44
Working Capital Days 60.23 86.14 73.29 101.92 89.24 65.22 756.45 101.90 874.27 835.26 94.70
ROCE % 5.84% -0.26% 2.49% 3.29% 0.28% -0.29% -8.89% 0.31% -5.08% 0.16% 0.32% 0.00%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
55.66% 36.21% 55.66% 55.66% 55.68% 55.68% 55.65% 55.65% 55.65% 55.65% 55.65% 55.65%
44.34% 63.79% 44.34% 44.34% 44.32% 44.32% 44.35% 44.35% 44.35% 44.35% 44.35% 44.36%
No. of Shareholders 8,9458,9569,0729,2109,2339,1979,1959,1969,2169,1909,2199,246

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