Wim Plast Ltd
Wim Plast is engaged in the Business of Plastic Articles. The company's brand “CELLO” is preferred in plastic consumer items, known for its quality and wide range of products for more than four decades. The Company is being innovative and regularly adds new products in all categories including Seating Systems, School Furniture, Horeca, Cabinets, Kid’s furniture etc.
- Market Cap ₹ 622 Cr.
- Current Price ₹ 518
- High / Low ₹ 778 / 430
- Stock P/E 11.8
- Book Value ₹ 384
- Dividend Yield 1.64 %
- ROCE 13.0 %
- ROE 9.73 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 23.5%
Cons
- The company has delivered a poor sales growth of -3.14% over past five years.
- Company has a low return on equity of 9.09% over last 3 years.
- Earnings include an other income of Rs.21.5 Cr.
- Promoter holding has decreased over last 3 years: -13.9%
* 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: Plastic products Industry: Plastics Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|
352 | 388 | 373 | 322 | 268 | 319 | 331 | 335 | |
269 | 307 | 298 | 255 | 215 | 267 | 272 | 275 | |
Operating Profit | 82 | 81 | 74 | 67 | 53 | 52 | 59 | 60 |
OPM % | 23% | 21% | 20% | 21% | 20% | 16% | 18% | 18% |
2 | 2 | 2 | 8 | 7 | 11 | 11 | 21 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 12 | 15 | 17 | 18 | 18 | 16 | 14 | 12 |
Profit before tax | 73 | 67 | 59 | 56 | 42 | 47 | 56 | 69 |
Tax % | 33% | 34% | 34% | 19% | 25% | 26% | 25% | |
49 | 44 | 39 | 45 | 32 | 35 | 42 | 53 | |
EPS in Rs | 40.47 | 37.10 | 32.70 | 37.55 | 26.75 | 29.13 | 34.73 | 43.86 |
Dividend Payout % | 17% | 19% | 21% | 19% | 19% | 27% | 24% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -3% |
3 Years: | 1% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -1% |
3 Years: | -2% |
TTM: | 31% |
Stock Price CAGR | |
---|---|
10 Years: | 5% |
5 Years: | -1% |
3 Years: | 8% |
1 Year: | 16% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | 9% |
Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
Reserves | 250 | 285 | 314 | 339 | 371 | 400 | 432 | 448 |
0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | |
41 | 46 | 38 | 42 | 42 | 33 | 43 | 56 | |
Total Liabilities | 303 | 342 | 364 | 393 | 425 | 446 | 486 | 516 |
113 | 125 | 135 | 128 | 117 | 102 | 77 | 76 | |
CWIP | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
Investments | 24 | 18 | 39 | 80 | 120 | 150 | 156 | 159 |
166 | 199 | 190 | 183 | 189 | 194 | 254 | 281 | |
Total Assets | 303 | 342 | 364 | 393 | 425 | 446 | 486 | 516 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
49 | 25 | 51 | 68 | 40 | 26 | 63 | |
-60 | -19 | -46 | -47 | -38 | -21 | -55 | |
0 | -10 | -10 | -21 | -0 | -6 | -10 | |
Net Cash Flow | -11 | -5 | -5 | -0 | 2 | -1 | -2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
Debtor Days | 53 | 64 | 75 | 75 | 92 | 82 | 82 |
Inventory Days | 153 | 170 | 168 | 214 | 257 | 199 | 179 |
Days Payable | 27 | 24 | 22 | 29 | 35 | 23 | 32 |
Cash Conversion Cycle | 179 | 210 | 221 | 261 | 314 | 258 | 229 |
Working Capital Days | 118 | 144 | 153 | 162 | 198 | 180 | 214 |
ROCE % | 24% | 19% | 16% | 12% | 12% | 13% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 9h
- Submission Of Compliance Certificate Pursuant To Regulation 40(9) SEBI (LODR) Regulations, 2015 11h
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 15 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 12 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Certificate confirming compliance under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March, 2024.
Annual reports
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Financial Year 2023
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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
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Wide Product Range Under Cello Brand
The company has a diversified product range including moulded furniture, air cooler, Bubble Guard Board, Industrial plastic wares and pallet products under the brand name Cello. [1]