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 ₹ 556 Cr.
- Current Price ₹ 410
- High / Low ₹ 503 / 264
- Stock P/E 16.9
- Book Value ₹ 123
- Dividend Yield 0.24 %
- ROCE 27.7 %
- ROE 21.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 42.1% CAGR over last 5 years
- Promoter holding has increased by 4.35% over last quarter.
- Company's median sales growth is 22.6% of last 10 years
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 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
92 | 76 | 96 | 93 | 138 | 159 | 195 | 207 | 332 | 284 | 467 | 613 | 1,007 | |
89 | 74 | 92 | 89 | 134 | 154 | 186 | 191 | 306 | 261 | 434 | 573 | 963 | |
Operating Profit | 3 | 2 | 4 | 4 | 4 | 6 | 9 | 16 | 26 | 23 | 33 | 41 | 44 |
OPM % | 3% | 2% | 4% | 4% | 3% | 4% | 5% | 8% | 8% | 8% | 7% | 7% | 4% |
2 | 2 | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 2 | 3 | 3 | 5 | |
Interest | 3 | 2 | 2 | 2 | 2 | 2 | 3 | 1 | 2 | 1 | 1 | 2 | 2 |
Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 3 |
Profit before tax | 0 | -0 | 2 | 2 | 2 | 3 | 7 | 15 | 24 | 22 | 32 | 39 | 44 |
Tax % | 9% | 8% | 13% | 26% | 20% | 24% | 29% | 34% | 28% | 25% | 26% | 25% | |
Net Profit | 0 | -0 | 1 | 1 | 2 | 2 | 5 | 10 | 17 | 17 | 24 | 29 | 33 |
EPS in Rs | 0.32 | -0.44 | 5.77 | 5.01 | 6.69 | 8.77 | 20.11 | 7.24 | 12.84 | 12.30 | 17.75 | 21.41 | 24.28 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 5% |
Compounded Sales Growth | |
---|---|
10 Years: | 23% |
5 Years: | 26% |
3 Years: | 23% |
TTM: | 63% |
Compounded Profit Growth | |
---|---|
10 Years: | 68% |
5 Years: | 42% |
3 Years: | 19% |
TTM: | 9% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 38% |
3 Years: | 79% |
1 Year: | 31% |
Return on Equity | |
---|---|
10 Years: | 20% |
5 Years: | 21% |
3 Years: | 21% |
Last Year: | 21% |
Balance Sheet
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2 | 2 | 2 | 2 | 2 | 2 | 2 | 14 | 14 | 14 | 14 | 14 | 14 | |
Reserves | 14 | 14 | 15 | 16 | 18 | 20 | 25 | 51 | 68 | 85 | 109 | 138 | 154 |
22 | 13 | 20 | 7 | 8 | 24 | 30 | 6 | 23 | 3 | 8 | 13 | 4 | |
8 | 11 | 7 | 4 | 22 | 22 | 23 | 26 | 17 | 24 | 23 | 31 | 43 | |
Total Liabilities | 46 | 40 | 45 | 31 | 50 | 68 | 81 | 96 | 122 | 125 | 154 | 196 | 215 |
7 | 6 | 5 | 5 | 6 | 8 | 8 | 8 | 16 | 23 | 23 | 28 | 28 | |
CWIP | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
39 | 34 | 39 | 26 | 45 | 60 | 73 | 88 | 103 | 102 | 131 | 168 | 186 | |
Total Assets | 46 | 40 | 45 | 31 | 50 | 68 | 81 | 96 | 122 | 125 | 154 | 196 | 215 |
Cash Flows
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
6 | 5 | -0 | 6 | 1 | -2 | 2 | -12 | -5 | 38 | -12 | 4 | |
-0 | -0 | 0 | 1 | -1 | -3 | 0 | -3 | -9 | -17 | 12 | -5 | |
-6 | -5 | -1 | -6 | 1 | 6 | -2 | 15 | 14 | -21 | 4 | 3 | |
Net Cash Flow | -0 | 0 | -1 | 0 | 2 | 1 | -0 | -0 | -0 | 0 | 3 | 3 |
Ratios
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 45 | 62 | 81 | 47 | 64 | 61 | 58 | 46 | 50 | 60 | 49 | 52 |
Inventory Days | 34 | 41 | 17 | 32 | 33 | 47 | 61 | 58 | 43 | 42 | 25 | 35 |
Days Payable | 1 | 15 | 21 | 9 | 57 | 49 | 36 | 15 | 13 | 17 | 4 | 7 |
Cash Conversion Cycle | 78 | 88 | 77 | 70 | 40 | 59 | 84 | 89 | 81 | 84 | 70 | 80 |
Working Capital Days | 119 | 105 | 117 | 78 | 52 | 79 | 89 | 104 | 91 | 81 | 78 | 76 |
ROCE % | 6% | 13% | 13% | 15% | 14% | 19% | 25% | 30% | 23% | 29% | 28% |
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]