Wonder Electricals Ltd

Wonder Electricals Ltd

₹ 1,252 4.99%
26 Apr - close price
About

Established in 2014, Wonder Fibromats Ltd, is a fully integrated end-to-end manufacturer and supplier of Ceiling fans, Exhaust fans, Pedestal fans and brushless DC (BLDC) fans. [1]

Key Points

Business Model
OEM Model -The Co. enters into agreements with OEMs to manufacture and supply the product based on the specifications and requirements of the customers.
Original Design Manufacturer(ODM) Model - The Co. conceptualizes, designs and manufactures the products in-house, which are then marketed to prospective customers. It then enters into agreements with some of the ODM customers while some customers directly place orders for some ODM products, which include details like quantity and pricing. [1]

  • Market Cap 1,678 Cr.
  • Current Price 1,252
  • High / Low 1,254 / 207
  • Stock P/E 185
  • Book Value 45.0
  • Dividend Yield 0.08 %
  • ROCE 14.9 %
  • ROE 11.1 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 27.8 times its book value
  • The company has delivered a poor sales growth of 6.58% over past five years.
  • Company has a low return on equity of 12.0% 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.

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Quarterly Results

Figures in Rs. Crores

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
81.49 150.86 76.92 67.39 107.59 146.46 104.40 55.81 95.80 146.51 116.96 62.58 131.16
79.10 140.65 75.31 65.28 101.74 138.44 100.40 56.01 92.15 136.86 113.85 61.61 124.23
Operating Profit 2.39 10.21 1.61 2.11 5.85 8.02 4.00 -0.20 3.65 9.65 3.11 0.97 6.93
OPM % 2.93% 6.77% 2.09% 3.13% 5.44% 5.48% 3.83% -0.36% 3.81% 6.59% 2.66% 1.55% 5.28%
0.06 0.03 0.05 0.01 0.00 0.04 0.01 0.02 0.10 0.02 0.00 0.84 0.04
Interest 0.40 0.66 0.54 0.54 0.69 0.82 0.73 0.56 0.94 0.72 0.74 0.65 1.42
Depreciation 1.16 1.50 1.18 1.33 1.37 1.60 1.18 1.46 1.40 1.38 1.22 1.34 1.56
Profit before tax 0.89 8.08 -0.06 0.25 3.79 5.64 2.10 -2.20 1.41 7.57 1.15 -0.18 3.99
Tax % 22.47% 13.12% -50.00% 20.00% 25.86% 27.84% 29.05% 22.27% 26.24% 28.01% 35.65% 44.44% 24.81%
0.69 7.00 -0.08 0.20 2.81 4.07 1.49 -1.71 1.04 5.46 0.73 -0.10 2.99
EPS in Rs 0.51 5.22 -0.06 0.15 2.10 3.04 1.11 -1.28 0.78 4.07 0.54 -0.07 2.23
Raw PDF

Profit & Loss

Figures in Rs. Crores

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
0 0 0 72 137 166 293 309 297 305 398 402 457
0 0 0 71 131 155 281 297 287 294 380 385 437
Operating Profit -0 -0 0 2 6 10 12 12 10 12 18 17 21
OPM % 2% 4% 6% 4% 4% 3% 4% 4% 4% 5%
0 0 0 0 0 0 1 0 1 0 0 0 1
Interest 0 0 0 2 2 2 0 2 2 2 3 3 4
Depreciation 0 0 0 2 2 2 2 3 3 4 5 5 6
Profit before tax -0 -0 0 -2 2 7 11 8 6 6 10 9 13
Tax % 0% 0% 8% 1% 24% 25% 24% 20% 20% 27% 29%
-0 -0 0 -2 2 5 8 6 4 5 7 6 9
EPS in Rs 0.00 -13.35 4.97 15.42 24.15 6.27 3.31 3.50 5.43 4.69 6.77
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 7%
3 Years: 11%
TTM: 14%
Compounded Profit Growth
10 Years: 62%
5 Years: -5%
3 Years: 12%
TTM: 86%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 215%
1 Year: 446%
Return on Equity
10 Years: %
5 Years: 14%
3 Years: 12%
Last Year: 11%

Balance Sheet

Figures in Rs. Crores

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 0 0 1 1 2 2 2 6 8 8 13 13 13
Reserves -0 -0 -1 -3 -1 4 12 14 34 39 40 46 47
2 2 9 17 25 21 33 23 2 10 22 25 21
0 0 0 28 26 40 79 87 119 140 150 148 91
Total Liabilities 2 2 9 43 52 67 126 130 164 197 225 233 172
2 2 8 13 13 14 16 25 23 34 34 34 34
CWIP 0 0 0 0 0 0 0 0 5 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 1 30 39 53 110 106 136 163 191 199 137
Total Assets 2 2 9 43 52 67 126 130 164 197 225 233 172

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0 -0 0 8 -9 22 7 -6 -6 2
0 0 -6 -2 -4 -12 -7 -10 -5 -5
0 0 6 -6 12 -10 9 8 10 3
Net Cash Flow 0 -0 -0 -0 0 0 8 -9 0 0

Ratios

Figures in Rs. Crores

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 88 71 91 112 95 109 145 139 142
Inventory Days 72 36 27 21 31 50 49 39 44
Days Payable 168 86 107 112 135 195 212 173 168
Cash Conversion Cycle -9 21 11 21 -8 -35 -18 5 18
Working Capital Days 9 32 28 39 20 9 26 37 45
ROCE % -2% -2% 0% -6% 20% 33% 29% 22% 16% 15% 19% 15%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
71.79% 71.79% 71.79% 71.79% 71.79% 71.79% 71.79% 71.79% 71.79% 71.79%
9.25% 9.25% 9.25% 9.99% 9.99% 9.99% 9.99% 10.88% 11.07% 11.06%
18.96% 18.96% 18.96% 18.21% 18.22% 18.21% 18.22% 17.33% 17.14% 17.14%
No. of Shareholders 976005821,2061,4061,6241,5881,9121,8662,440

* 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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