Wires & Fabriks (S.A) Ltd

Wires & Fabriks (S.A) Ltd

₹ 163 -2.37%
24 May - close price
About

Incorporated in 1957, Wires & Fabriks (S.A)
Ltd is engaged in paper mill products.

Key Points

Business Overview:[1]
Company is engaged in manufacturing of full range of Forming Fabrics and Woven Dryer Screens & Spiral Link Dryer Screens commonly known as paper machine clothing, technical textiles and Paper Making Chemicals. Company has 5 windmills with total capacity of 3.85 MW situated at Jaisalmer, Rajasthan. It has Power Purchase agreements with respective distribution companies (DISCOMS) of State Government of Rajasthan.

  • Market Cap 49.9 Cr.
  • Current Price 163
  • High / Low 252 / 126
  • Stock P/E 32.8
  • Book Value 157
  • Dividend Yield 0.06 %
  • ROCE 5.38 %
  • ROE 2.87 %
  • Face Value 10.0

Pros

  • Stock is trading at 1.04 times its book value
  • Debtor days have improved from 92.1 to 72.4 days.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 1.62% over past five years.
  • Company has a low return on equity of 2.01% over last 3 years.
  • Company might be capitalizing the interest cost

* 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: Textiles Industry: Textiles - Products

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Quarterly Results

Figures in Rs. Crores

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
23.10 28.44 19.96 23.36 23.82 28.60 23.81 27.28 28.20 29.01 25.10 28.05 29.02
20.47 25.87 17.31 20.79 20.91 24.78 19.55 23.05 22.65 24.45 20.85 23.56 24.10
Operating Profit 2.63 2.57 2.65 2.57 2.91 3.82 4.26 4.23 5.55 4.56 4.25 4.49 4.92
OPM % 11.39% 9.04% 13.28% 11.00% 12.22% 13.36% 17.89% 15.51% 19.68% 15.72% 16.93% 16.01% 16.95%
0.02 0.24 0.02 0.02 0.14 0.10 0.03 0.09 0.14 0.36 0.05 0.07 0.03
Interest 0.37 0.40 0.56 0.47 0.83 1.15 1.25 1.24 1.56 1.56 1.36 1.30 1.50
Depreciation 2.15 2.22 2.06 2.06 2.07 2.57 2.92 2.94 3.72 2.77 2.77 2.83 2.90
Profit before tax 0.13 0.19 0.05 0.06 0.15 0.20 0.12 0.14 0.41 0.59 0.17 0.43 0.55
Tax % -23.08% 89.47% -180.00% -333.33% -80.00% -35.00% -41.67% -114.29% -31.71% 42.37% 0.00% 0.00% -7.27%
0.17 0.02 0.14 0.25 0.26 0.27 0.16 0.29 0.54 0.35 0.17 0.42 0.58
EPS in Rs 0.56 0.07 0.46 0.82 0.85 0.88 0.52 0.95 1.77 1.15 0.56 1.37 1.90
Raw PDF
Upcoming result date: 28 May 2024

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
80 82 90 96 95 98 100 103 98 89 96 108 111
62 69 77 82 82 84 87 89 86 80 84 90 93
Operating Profit 18 13 14 14 13 14 13 13 12 9 12 19 18
OPM % 23% 16% 15% 15% 14% 14% 13% 13% 12% 11% 12% 17% 16%
1 1 0 -0 0 1 0 0 0 1 1 1 1
Interest 4 4 4 4 5 4 3 2 2 2 3 6 6
Depreciation 9 8 7 6 7 10 10 10 9 8 9 12 11
Profit before tax 6 2 3 3 1 0 0 2 2 0 0 1 2
Tax % 21% 5% 2% -9% -13% 92% -367% 28% 11% -24% -104% -6%
5 2 3 4 1 0 1 1 2 0 1 1 2
EPS in Rs 16.56 5.30 9.78 12.40 4.65 0.13 2.75 4.16 5.20 1.54 3.04 4.38 4.98
Dividend Payout % 11% 34% 18% 15% 39% 459% 22% 14% 2% 7% 3% 2%
Compounded Sales Growth
10 Years: 3%
5 Years: 2%
3 Years: 3%
TTM: 3%
Compounded Profit Growth
10 Years: -2%
5 Years: 9%
3 Years: -5%
TTM: 21%
Stock Price CAGR
10 Years: 6%
5 Years: 18%
3 Years: 35%
1 Year: 8%
Return on Equity
10 Years: 3%
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 3 3 3 3 3 3 3 3 3 3 3 3
Reserves 40 39 39 37 39 38 39 40 42 42 43 44 45
49 49 46 48 66 63 46 35 41 32 88 74 80
22 23 25 26 31 25 30 25 30 24 23 28 30
Total Liabilities 113 115 113 114 140 129 118 103 115 101 157 149 158
64 56 47 45 49 59 54 44 43 44 90 80 82
CWIP 2 1 3 3 17 1 0 4 3 2 0 5 5
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
47 57 63 66 73 69 64 55 69 56 67 64 71
Total Assets 113 115 113 114 140 129 118 103 115 101 157 149 158

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
12 0 14 12 10 13 23 14 4 21 2 22
-3 0 -2 -10 -25 -4 -5 -4 -8 -11 -49 -10
-8 0 -7 -3 14 -7 -19 -12 5 -10 54 -20
Net Cash Flow 1 0 4 -1 -1 2 -0 -3 1 -1 8 -8

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 133 161 131 143 156 141 129 109 118 114 90 72
Inventory Days 172 175 230 174 205 197 203 162 265 176 281 384
Days Payable 59 90 91 81 116 85 106 63 137 54 50 90
Cash Conversion Cycle 245 246 271 237 245 253 227 208 245 236 320 366
Working Capital Days 121 149 131 126 129 141 121 96 110 130 154 124
ROCE % 11% 6% 8% 9% 6% 4% 3% 4% 4% 3% 3% 5%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.81% 74.81% 74.81% 74.81% 74.81% 74.81% 74.81% 74.81% 74.81% 74.81% 74.81% 74.81%
0.02% 0.02% 0.02% 0.02% 0.02% 0.03% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
25.17% 25.17% 25.17% 25.17% 25.17% 25.16% 25.17% 25.16% 25.16% 25.16% 25.16% 25.17%
No. of Shareholders 3,2263,2263,1873,1283,1243,0953,0182,9863,0253,0192,8883,097

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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