Weizmann Ltd

Weizmann Ltd

₹ 115 -0.86%
19 Apr - close price
About

Incorporated in 1985, Weizmann Ltd is in the business of Textiles and also does job work[1]

Key Points

Business Overview:[1]
WL is the flagship company of the Weizmann Group with business interests in Textile Processing and Exports, Fin-Tech and Renewable Energy. Company is engaged in textile manufacturing of African print fabric, finished fabric, trading of fabrics and textile processing. Company also undertakes orders on job work basis for dyeing, colouring etc.

  • Market Cap 182 Cr.
  • Current Price 115
  • High / Low 155 / 85.5
  • Stock P/E 21.2
  • Book Value 37.7
  • Dividend Yield 0.43 %
  • ROCE 14.4 %
  • ROE 11.5 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company has been maintaining a healthy dividend payout of 19.4%
  • Debtor days have improved from 49.6 to 37.3 days.

Cons

  • Stock is trading at 3.05 times its book value
  • The company has delivered a poor sales growth of 9.24% over past five years.
  • Company has a low return on equity of 7.43% 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 - Processing

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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
29.29 34.62 21.29 24.95 22.28 31.31 36.53 31.50 29.42 37.68 33.27 30.57 28.42
25.26 30.43 20.38 24.29 21.17 28.04 33.51 28.19 26.65 34.20 28.66 27.01 25.23
Operating Profit 4.03 4.19 0.91 0.66 1.11 3.27 3.02 3.31 2.77 3.48 4.61 3.56 3.19
OPM % 13.76% 12.10% 4.27% 2.65% 4.98% 10.44% 8.27% 10.51% 9.42% 9.24% 13.86% 11.65% 11.22%
0.19 0.16 0.04 0.13 0.35 1.95 0.06 0.25 0.06 0.05 0.02 0.03 0.41
Interest 0.31 0.31 0.09 0.05 0.03 0.11 0.26 0.24 0.22 0.23 0.17 0.15 0.19
Depreciation 0.89 0.88 0.85 0.86 0.84 0.83 0.85 0.77 0.77 0.78 0.78 0.66 0.65
Profit before tax 3.02 3.16 0.01 -0.12 0.59 4.28 1.97 2.55 1.84 2.52 3.68 2.78 2.76
Tax % 26.82% 44.30% 0.00% 25.00% 30.51% 39.95% 42.64% 24.31% 9.78% 44.05% 30.71% 36.69% -3.62%
2.22 1.76 0.01 -0.10 0.41 2.56 1.12 1.94 1.65 1.41 2.55 1.77 2.86
EPS in Rs 1.28 1.02 0.01 -0.06 0.24 1.61 0.71 1.22 1.04 0.89 1.61 1.12 1.80
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
43 47 46 50 57 84 87 105 96 98 100 135 130
41 45 43 47 52 80 83 94 88 86 94 122 115
Operating Profit 2 2 3 3 5 4 3 11 9 11 6 13 15
OPM % 6% 4% 7% 6% 9% 5% 4% 11% 9% 12% 6% 9% 11%
3 2 1 2 0 3 3 2 0 1 2 0 1
Interest 1 1 1 0 0 0 0 0 0 1 0 1 1
Depreciation 1 1 1 1 1 1 1 2 2 3 3 3 3
Profit before tax 3 2 3 3 4 6 5 11 6 8 5 9 12
Tax % 29% 21% 46% 47% 30% 41% 37% 23% 28% 35% 39% 31%
2 2 1 2 3 3 3 9 4 5 3 6 9
EPS in Rs 1.35 1.01 0.79 0.91 1.76 1.98 1.74 4.95 2.50 2.84 1.82 3.86 5.42
Dividend Payout % 37% 50% 63% 55% 28% 25% 29% 10% 400% 18% 28% 13%
Compounded Sales Growth
10 Years: 11%
5 Years: 9%
3 Years: 12%
TTM: 1%
Compounded Profit Growth
10 Years: 16%
5 Years: 15%
3 Years: 14%
TTM: 18%
Stock Price CAGR
10 Years: 29%
5 Years: 25%
3 Years: 44%
1 Year: -3%
Return on Equity
10 Years: 6%
5 Years: 8%
3 Years: 7%
Last Year: 11%

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 17 17 17 17 17 17 17 17 17 17 16 16 16
Reserves 44 45 45 42 44 49 54 53 38 43 36 41 44
7 7 5 2 0 0 1 3 19 17 18 12 9
15 14 17 15 12 15 26 29 20 27 25 25 22
Total Liabilities 84 83 84 75 74 81 99 102 94 103 95 93 92
13 15 16 16 17 17 20 24 23 29 28 27 26
CWIP 0 0 1 0 0 0 0 0 2 0 0 0 1
Investments 18 18 14 11 11 14 22 42 32 29 28 27 27
52 50 53 47 46 50 57 36 37 45 38 39 37
Total Assets 84 83 84 75 74 81 99 102 94 103 95 93 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 1 2 4 0 1 5 36 -2 8 10 10
0 0 3 4 2 0 -4 -36 10 -4 2 -2
-5 -1 -5 -7 -2 -1 -1 -0 -8 -4 -10 -8
Net Cash Flow -1 1 -0 1 -0 0 -0 0 1 -0 1 -1

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 111 117 98 46 33 26 24 42 48 68 44 37
Inventory Days 182 93 154 75 86 38 88 60 72 100 66 60
Days Payable 182 112 148 135 85 61 111 182 161 196 176 140
Cash Conversion Cycle 111 98 103 -13 34 2 1 -79 -41 -28 -66 -43
Working Capital Days 282 269 261 207 192 117 130 -10 24 43 16 8
ROCE % 6% 3% 6% 4% 7% 10% 7% 15% 9% 11% 4% 14%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
69.01% 69.01% 69.01% 67.87% 67.87% 67.88% 67.88% 67.88% 67.88% 67.88% 67.88% 67.88%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00%
30.99% 30.99% 30.99% 32.13% 32.13% 32.12% 32.12% 32.13% 32.12% 32.12% 32.10% 32.13%
No. of Shareholders 9,1789,5229,4129,4599,4959,3709,8209,5249,3789,0749,6939,612

* 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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