Welspun Investments & Commercials Ltd
Incorporated in 2008, Welspun Investments and Commercials Ltd deals in shares, securities, textile products and commodities[1]
- Market Cap ₹ 285 Cr.
- Current Price ₹ 780
- High / Low ₹ 935 / 284
- Stock P/E 53.1
- Book Value ₹ 1,030
- Dividend Yield 0.00 %
- ROCE 4.36 %
- ROE 3.26 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.76 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 2.14% 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: Finance Industry: Finance & Investments
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
6.68 | 2.90 | 1.12 | 0.87 | 0.74 | 0.86 | 1.37 | 1.79 | 8.30 | 1.37 | 4.22 | 7.65 | 7.45 | |
4.39 | 2.01 | 12.98 | 0.81 | 0.64 | 0.81 | 1.11 | 1.28 | 1.02 | 0.31 | 0.34 | 0.33 | 0.30 | |
Operating Profit | 2.29 | 0.89 | -11.86 | 0.06 | 0.10 | 0.05 | 0.26 | 0.51 | 7.28 | 1.06 | 3.88 | 7.32 | 7.15 |
OPM % | 34.28% | 30.69% | -1,058.93% | 6.90% | 13.51% | 5.81% | 18.98% | 28.49% | 87.71% | 77.37% | 91.94% | 95.69% | 95.97% |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
Interest | 1.32 | 0.34 | 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 | 0.97 | 0.55 | -11.86 | 0.06 | 0.10 | 0.05 | 0.26 | 0.56 | 7.28 | 1.06 | 3.88 | 7.32 | 7.15 |
Tax % | 0.00% | 5.45% | 0.00% | 16.67% | 0.00% | 0.00% | 0.00% | -10.71% | -0.69% | 25.47% | 36.34% | 25.14% | |
0.97 | 0.52 | -11.86 | 0.05 | 0.10 | 0.05 | 0.26 | 0.61 | 7.33 | 0.79 | 2.47 | 5.48 | 5.36 | |
EPS in Rs | 2.65 | 1.42 | -32.45 | 0.14 | 0.27 | 0.14 | 0.71 | 1.67 | 20.06 | 2.16 | 6.76 | 15.00 | 14.68 |
Dividend Payout % | 0.00% | 0.00% | 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: | 10% |
5 Years: | 41% |
3 Years: | -3% |
TTM: | 73% |
Compounded Profit Growth | |
---|---|
10 Years: | 27% |
5 Years: | 84% |
3 Years: | -9% |
TTM: | 75% |
Stock Price CAGR | |
---|---|
10 Years: | 41% |
5 Years: | 41% |
3 Years: | 25% |
1 Year: | 162% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | 3% |
3 Years: | 2% |
Last Year: | 3% |
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 | 3.65 | 3.65 | 3.65 | 3.65 | 3.65 | 3.65 | 3.65 | 3.65 | 3.65 | 3.65 | 3.65 | 3.65 | 3.65 |
Reserves | 23.18 | 23.70 | 11.85 | 11.90 | 12.00 | 77.22 | 123.07 | 121.05 | 57.01 | 134.21 | 140.83 | 187.72 | 372.62 |
10.12 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
0.42 | 0.07 | 0.06 | 0.06 | 0.05 | 0.55 | 0.48 | 0.04 | 0.06 | 0.30 | 0.77 | 3.80 | 25.93 | |
Total Liabilities | 37.37 | 27.42 | 15.56 | 15.61 | 15.70 | 81.42 | 127.20 | 124.74 | 60.72 | 138.16 | 145.25 | 195.17 | 402.20 |
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 | |
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 | 23.77 | 20.17 | 14.49 | 14.49 | 14.49 | 81.29 | 126.99 | 124.45 | 58.90 | 137.84 | 144.83 | 194.62 | 401.82 |
13.60 | 7.25 | 1.07 | 1.12 | 1.21 | 0.13 | 0.21 | 0.29 | 1.82 | 0.32 | 0.42 | 0.55 | 0.38 | |
Total Assets | 37.37 | 27.42 | 15.56 | 15.61 | 15.70 | 81.42 | 127.20 | 124.74 | 60.72 | 138.16 | 145.25 | 195.17 | 402.20 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-9.25 | -2.39 | -0.23 | -0.25 | -0.10 | -0.26 | -0.29 | -0.27 | -0.26 | -0.61 | -1.31 | -2.18 | |
-0.43 | 4.41 | -5.91 | 0.31 | 0.27 | -0.81 | 0.34 | 0.29 | 0.27 | 0.60 | 1.38 | 2.41 | |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
Net Cash Flow | -9.68 | 2.02 | -6.14 | 0.06 | 0.16 | -1.06 | 0.05 | 0.02 | 0.01 | -0.01 | 0.07 | 0.23 |
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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Inventory Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
Days Payable | ||||||||||||
Cash Conversion Cycle | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Working Capital Days | 442.59 | -3.78 | -16.29 | -25.17 | -24.66 | -21.22 | -5.33 | 8.16 | 2.20 | 53.28 | 19.03 | 6.20 |
ROCE % | 5.43% | 2.77% | -55.36% | 0.39% | 0.64% | 0.10% | 0.25% | 0.41% | 7.85% | 1.07% | 2.75% | 4.36% |
Documents
Announcements
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Compliance With Regulation 40(9) Of The SEBI (LODR) Regulations, 2015.
24 Apr - In compliance with Regulation 40(9) of the SEBI (LODR) Regulations, 2015, please find attached certificate from PCS
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Compliance With Regulation 7(3) Of The SEBI (LODR) Regulations, 2015.
24 Apr - Compliance Certificate u/r 7(3) of SEBI (LODR) Regulations, 2015 for the FY March 31, 2024
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 22 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
18 Apr - Certificate issued by NDML, RTA of the company confirming compliance with Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended March 31, 2024
-
Announcement under Regulation 30 (LODR)-Change in Directorate
1 Apr - Dear SIrs/Madam, Please find attached herewith, disclosure pursuant to Regulation 30 of SEBI (LODR), 2015 informing retirement of the following Independent Directors from directorships due …
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from nse
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Business Overview:[1][2]
WICL is a Core Investment Company which is categorized as a non-deposit taking Core Investment Company and is not required to be registered with Reserve Bank of India. It focuses on trading opportunities available in diverse sectors by leveraging the position of Welspun Group. Company is also engaged in investment segment.Company holds equity shares in Welspun Group companies which are engaged in businesses of Line Pipes, Steel, Infrastructure and Oil & Gas. Company’s revenue depends on the dividend declared and change in the stock market prices of the investee companies