D P Wires Ltd
D P Wires Ltd is engaged in the manufacturing of Steel Wires, Plastic Products, Laying of Plastic Films, Acting as a Commission Agent and Generation of Power through Wind Mill [1]
- Market Cap ₹ 801 Cr.
- Current Price ₹ 517
- High / Low ₹ 681 / 336
- Stock P/E 19.3
- Book Value ₹ 137
- Dividend Yield 0.20 %
- ROCE 32.0 %
- ROE 23.9 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 33.1% CAGR over last 5 years
- Debtor days have improved from 42.4 to 26.1 days.
- Company's median sales growth is 22.6% of last 10 years
- Company's working capital requirements have reduced from 64.0 days to 37.9 days
Cons
* 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: Steel Industry: Steel - Medium / Small
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
76 | 96 | 93 | 138 | 159 | 195 | 207 | 332 | 284 | 467 | 613 | 1,215 | 1,178 | |
74 | 92 | 89 | 134 | 154 | 186 | 191 | 306 | 261 | 434 | 573 | 1,161 | 1,124 | |
Operating Profit | 2 | 4 | 4 | 4 | 6 | 9 | 16 | 26 | 23 | 33 | 41 | 55 | 53 |
OPM % | 2% | 4% | 4% | 3% | 4% | 5% | 8% | 8% | 8% | 7% | 7% | 5% | 5% |
2 | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 2 | 3 | 3 | 6 | 10 | |
Interest | 2 | 2 | 2 | 2 | 2 | 3 | 1 | 2 | 1 | 1 | 2 | 2 | 3 |
Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 3 | 4 |
Profit before tax | -0 | 2 | 2 | 2 | 3 | 7 | 15 | 24 | 22 | 32 | 39 | 55 | 56 |
Tax % | 8% | 13% | 26% | 20% | 24% | 29% | 34% | 28% | 25% | 26% | 25% | 26% | |
-0 | 1 | 1 | 2 | 2 | 5 | 10 | 17 | 17 | 24 | 29 | 41 | 42 | |
EPS in Rs | -0.38 | 4.97 | 4.31 | 5.76 | 7.55 | 17.31 | 6.34 | 11.24 | 10.77 | 15.54 | 18.74 | 26.46 | 26.82 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 5% | 4% |
Compounded Sales Growth | |
---|---|
10 Years: | 29% |
5 Years: | 42% |
3 Years: | 62% |
TTM: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | 34% |
5 Years: | 33% |
3 Years: | 35% |
TTM: | 26% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 53% |
3 Years: | 69% |
1 Year: | 41% |
Return on Equity | |
---|---|
10 Years: | 21% |
5 Years: | 22% |
3 Years: | 22% |
Last Year: | 24% |
Balance Sheet
Figures in Rs. Crores
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 | 2 | 2 | 2 | 2 | 2 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
Reserves | 14 | 15 | 16 | 18 | 20 | 25 | 51 | 68 | 85 | 109 | 138 | 178 | 198 |
13 | 20 | 7 | 8 | 24 | 30 | 6 | 23 | 3 | 8 | 13 | 2 | 31 | |
11 | 7 | 4 | 22 | 22 | 23 | 26 | 17 | 24 | 23 | 31 | 58 | 68 | |
Total Liabilities | 40 | 45 | 31 | 50 | 68 | 81 | 96 | 122 | 125 | 154 | 196 | 251 | 310 |
6 | 5 | 5 | 6 | 8 | 8 | 8 | 16 | 23 | 23 | 28 | 31 | 32 | |
CWIP | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
34 | 39 | 26 | 45 | 60 | 73 | 88 | 103 | 102 | 131 | 168 | 220 | 278 | |
Total Assets | 40 | 45 | 31 | 50 | 68 | 81 | 96 | 122 | 125 | 154 | 196 | 251 | 310 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5 | -0 | 6 | 1 | -2 | 2 | -12 | -5 | 38 | -12 | 4 | 46 | |
-0 | 0 | 1 | -1 | -3 | 0 | -3 | -9 | -17 | 12 | -5 | -6 | |
-5 | -1 | -6 | 1 | 6 | -2 | 15 | 14 | -21 | 4 | 3 | -15 | |
Net Cash Flow | 0 | -1 | 0 | 2 | 1 | -0 | -0 | -0 | 0 | 3 | 3 | 25 |
Ratios
Figures in Rs. Crores
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 | 62 | 81 | 47 | 64 | 61 | 58 | 46 | 50 | 60 | 49 | 52 | 26 |
Inventory Days | 41 | 17 | 32 | 33 | 47 | 61 | 58 | 43 | 42 | 25 | 35 | 17 |
Days Payable | 15 | 21 | 9 | 57 | 49 | 36 | 15 | 13 | 17 | 4 | 7 | 7 |
Cash Conversion Cycle | 88 | 77 | 70 | 40 | 59 | 84 | 90 | 81 | 84 | 70 | 80 | 35 |
Working Capital Days | 105 | 117 | 78 | 52 | 79 | 89 | 104 | 91 | 81 | 78 | 76 | 38 |
ROCE % | 6% | 13% | 13% | 15% | 14% | 19% | 25% | 30% | 23% | 29% | 28% | 32% |
Product Portfolio
The products of the Co. are LRPC Strand Wires, Geomembrane, Plastic Film Sheet, Spring Steel Wires, and Galvanized Steel Wires, PE Film, Plastic Films, Pond Lining Film, HDPE Film, Cap Covers, Wires, etc. [1] [2] [3] [4]