Fiberweb (India) Ltd

Fiberweb (India) Ltd

₹ 35.4 -1.59%
19 Apr 11:28 a.m.
About

Incorporated in 1985, Fiberweb Ltd is in the business of Polymer Processing[1]

Key Points

Business Overview:[1][2]
Company manufactures and exports injection Moulded, Blow Moulded and Roto Moulded products on German machinery along with Garbage bags and Carrier bags. It also has in-house facility for manufacturing stitched garments like medical & Industrial gowns and overhauls, Aprons, Car Covers and Other Made-ups as per clients specifications. It has also setup a new product line for melt blown Nonwoven fabrics used in personal hygiene products like diapers, Face Masks etc

  • Market Cap 102 Cr.
  • Current Price 35.4
  • High / Low 45.2 / 27.0
  • Stock P/E
  • Book Value 54.3
  • Dividend Yield 0.00 %
  • ROCE 0.68 %
  • ROE 0.41 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.66 times its book value
  • Debtor days have improved from 71.2 to 45.3 days.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -20.3% over past five years.
  • Company has a low return on equity of 5.69% 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: Textiles Industry: Textiles - Products

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
23.93 34.34 25.58 23.40 23.66 22.76 16.80 25.39 19.02 4.90 29.99 20.64 14.69
18.00 29.59 19.78 18.07 18.31 24.27 14.55 22.97 16.23 10.25 27.59 18.45 12.87
Operating Profit 5.93 4.75 5.80 5.33 5.35 -1.51 2.25 2.42 2.79 -5.35 2.40 2.19 1.82
OPM % 24.78% 13.83% 22.67% 22.78% 22.61% -6.63% 13.39% 9.53% 14.67% -109.18% 8.00% 10.61% 12.39%
-0.08 1.14 0.49 0.28 0.50 -0.24 0.65 0.42 0.24 -0.97 -0.00 0.36 0.26
Interest 0.01 -0.00 -0.00 -0.00 -0.00 -0.00 0.06 0.08 0.29 0.19 0.46 0.15 0.14
Depreciation 1.34 1.11 1.39 1.39 1.39 -1.96 0.55 0.55 0.55 0.72 0.68 0.69 0.69
Profit before tax 4.50 4.78 4.90 4.22 4.46 0.21 2.29 2.21 2.19 -7.23 1.26 1.71 1.25
Tax % -0.00% 64.44% 25.51% 26.07% 26.01% -495.24% 26.20% 26.24% 31.05% 28.77% 26.19% 26.32% -22.40%
4.50 1.69 3.65 3.12 3.30 1.26 1.70 1.64 1.51 -5.15 0.93 1.27 1.54
EPS in Rs 1.56 0.59 1.27 1.08 1.15 0.44 0.59 0.57 0.52 -1.79 0.32 0.44 0.53
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
44.38 51.17 64.15 68.28 61.75 104.31 206.03 152.71 98.18 107.45 95.40 66.11 70.22
41.24 49.00 62.69 66.01 53.99 87.25 175.97 127.18 81.20 84.98 80.34 63.95 69.16
Operating Profit 3.14 2.17 1.46 2.27 7.76 17.06 30.06 25.53 16.98 22.47 15.06 2.16 1.06
OPM % 7.08% 4.24% 2.28% 3.32% 12.57% 16.36% 14.59% 16.72% 17.29% 20.91% 15.79% 3.27% 1.51%
0.85 -0.56 0.41 0.21 2.74 0.06 0.04 -15.08 1.26 1.18 1.03 0.34 -0.35
Interest 0.21 0.28 0.34 0.33 0.18 0.18 0.21 0.13 1.57 0.06 0.10 0.67 0.94
Depreciation 1.23 2.24 2.27 0.12 3.21 2.69 3.25 4.54 4.71 5.13 2.19 2.36 2.78
Profit before tax 2.55 -0.91 -0.74 2.03 7.11 14.25 26.64 5.78 11.96 18.46 13.80 -0.53 -3.01
Tax % -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% 13.80% 22.10% 17.90% 43.40%
2.55 -0.91 -0.74 2.03 7.10 14.25 26.64 5.78 10.30 14.37 11.34 -0.30 -1.41
EPS in Rs 1.16 -0.41 -0.34 0.92 2.82 5.50 9.25 2.01 3.58 4.99 3.94 -0.10 -0.50
Dividend Payout % -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% 5.40% 9.96% 13.98% -0.00% -0.00% -0.00%
Compounded Sales Growth
10 Years: 3%
5 Years: -20%
3 Years: -12%
TTM: -16%
Compounded Profit Growth
10 Years: 27%
5 Years: -53%
3 Years: -61%
TTM: -108%
Stock Price CAGR
10 Years: 27%
5 Years: 3%
3 Years: 8%
1 Year: 10%
Return on Equity
10 Years: %
5 Years: 8%
3 Years: 6%
Last Year: 0%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 10.99 10.99 10.99 10.99 12.60 13.30 28.79 28.79 28.79 28.79 28.79 28.79 28.79
Reserves -64.63 -65.81 -66.41 -63.87 -57.27 76.10 101.31 106.51 116.69 129.63 125.58 125.28 127.49
130.89 131.97 123.36 121.75 103.56 -0.00 -0.00 -0.00 6.11 -0.00 -0.00 6.34 6.16
1.44 2.12 3.83 3.68 2.89 2.29 23.11 8.66 7.81 7.24 6.40 8.39 3.48
Total Liabilities 78.69 79.27 71.77 72.55 61.78 91.69 153.21 143.96 159.40 165.66 160.77 168.80 165.92
57.34 55.77 54.04 54.37 40.88 38.80 84.50 80.59 78.50 95.63 84.25 108.68 108.60
CWIP -0.00 -0.00 -0.00 -0.00 -0.00 0.02 0.10 10.91 12.21 5.88 9.71 10.04 9.72
Investments -0.00 -0.00 -0.00 -0.00 -0.00 0.11 0.64 0.20 0.20 0.20 0.20 -0.00 -0.00
21.35 23.50 17.73 18.18 20.90 52.76 67.97 52.26 68.49 63.95 66.61 50.08 47.60
Total Assets 78.69 79.27 71.77 72.55 61.78 91.69 153.21 143.96 159.40 165.66 160.77 168.80 165.92

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
3.94 -1.95 4.79 1.08 5.87 4.93 16.23 11.20 3.72 21.57 8.71 17.71
-0.08 -0.35 3.94 1.14 13.24 -6.25 -47.29 -11.69 -3.85 -15.82 -9.95 -26.15
-0.77 0.51 -8.93 -0.45 -17.02 16.42 14.07 -0.48 4.95 -7.28 0.86 6.88
Net Cash Flow 3.09 -1.79 -0.20 1.77 2.09 15.10 -17.00 -0.97 4.83 -1.53 -0.38 -1.55

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 26.56 15.48 24.01 16.95 31.03 47.48 70.81 58.89 70.71 77.21 90.98 45.27
Inventory Days 62.02 92.90 59.88 64.97 78.69 55.41 35.09 55.67 168.30 121.04 151.67 202.07
Days Payable 13.88 19.61 25.39 25.76 25.39 9.27 51.63 24.89 24.02 36.45 37.61 69.90
Cash Conversion Cycle 74.71 88.77 58.50 56.16 84.33 93.63 54.27 89.66 214.99 161.80 205.04 177.45
Working Capital Days 60.45 77.89 45.35 43.51 58.64 77.12 63.26 86.00 180.01 161.35 195.39 190.48
ROCE % 3.92% 0.44% -0.52% 3.46% 7.45% 19.45% 24.46% 16.29% 9.43% 11.95% 8.89% 0.68%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
46.33% 46.33% 46.33% 46.33% 46.33% 46.33% 46.33% 46.33% 46.33% 46.33% 46.33% 46.33%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.01%
0.19% 0.19% 0.19% 0.19% 0.19% 0.18% 0.18% 0.18% 0.18% 0.18% 0.18% 0.18%
53.48% 53.48% 53.48% 53.48% 53.48% 53.49% 53.48% 53.48% 53.47% 53.49% 53.47% 53.48%
No. of Shareholders 17,68718,73218,87320,94421,25520,77220,53819,80419,60720,00119,80319,932

* 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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