Weizmann Ltd

Weizmann Ltd

₹ 132 -6.85%
25 Apr 4:05 p.m.
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 210 Cr.
  • Current Price 132
  • High / Low 155 / 85.5
  • Stock P/E 25.5
  • Book Value 43.2
  • Dividend Yield 0.38 %
  • ROCE 12.3 %
  • ROE 6.61 %
  • 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 3.07 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 5.49% 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

Consolidated Figures in Rs. Crores / View Standalone

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%
4.25 0.72 0.19 -1.74 0.40 4.63 0.95 0.66 1.55 1.10 2.94 1.76 2.45
EPS in Rs 2.46 0.42 0.11 -1.01 0.23 2.92 0.60 0.42 0.98 0.69 1.85 1.11 1.54
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
50 54 60 51 57 84 87 105 96 98 100 135 130
46 52 56 48 52 80 83 94 88 86 94 122 115
Operating Profit 3 2 4 3 5 4 3 11 9 11 6 13 15
OPM % 7% 4% 7% 6% 9% 5% 4% 11% 9% 12% 6% 9% 11%
2 2 1 2 0 3 3 2 0 1 2 0 1
Interest 2 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% 44% 30% 41% 37% 23% 28% 35% 39% 31%
3 -4 4 4 4 4 3 6 3 5 3 4 8
EPS in Rs 1.58 -2.43 2.23 2.03 2.25 2.03 1.77 3.66 1.72 3.00 2.19 2.69 5.19
Dividend Payout % 32% -21% 22% 25% 22% 25% 28% 14% 580% 17% 23% 19%
Compounded Sales Growth
10 Years: 10%
5 Years: 9%
3 Years: 12%
TTM: 1%
Compounded Profit Growth
10 Years: 11%
5 Years: 7%
3 Years: 15%
TTM: 6%
Stock Price CAGR
10 Years: 32%
5 Years: 28%
3 Years: 47%
1 Year: 31%
Return on Equity
10 Years: 5%
5 Years: 5%
3 Years: 5%
Last Year: 7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 46 40 43 42 45 65 101 68 53 57 50 49 53
11 11 9 2 0 0 1 3 19 17 18 12 9
17 17 23 15 12 15 26 29 20 27 25 25 22
Total Liabilities 91 85 92 75 74 97 145 117 109 118 109 102 100
14 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 12 10 12 12 30 68 58 47 44 43 36 36
59 58 65 47 46 50 57 36 37 45 39 39 37
Total Assets 91 85 92 75 74 97 145 117 109 118 109 102 100

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
2 -0 3 12 0 1 5 36 -2 8 10 10
0 0 3 3 2 0 -4 -36 10 -4 2 -2
-5 -2 -4 -12 -2 -1 -1 -0 -8 -4 -10 -8
Net Cash Flow -2 -2 1 2 -0 0 -0 0 1 -0 1 -1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 104 136 134 46 33 26 24 42 48 68 44 37
Inventory Days 222 122 141 73 86 38 88 60 72 100 66 60
Days Payable 164 93 98 130 85 61 111 182 161 196 176 140
Cash Conversion Cycle 163 166 177 -12 34 2 1 -79 -41 -28 -66 -43
Working Capital Days 277 269 253 203 192 117 130 -10 24 41 16 8
ROCE % 6% 4% 7% 4% 7% 8% 5% 11% 7% 9% 4% 12%

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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