Windsor Machines Ltd

Windsor Machines Ltd

₹ 90.8 1.94%
24 Apr 3:13 p.m.
About

Incorporated in 1963, Windsor Machines
Ltd is in the business of manufacturing
plastic processing machinery[1]

Key Points

Product & Apllication:[1]
a) Injection Moulding:
KL Series, Excel Series, Armour Series, Sprint Series, WINPACK Series, WINX Series. Applications ranging from households,
therm-oware, furniture, healthcare, white goods, electrical & electronics, automobile industry.
b) Pipe Extrusion:
Speed Series, KTS Series, Agile Series,
CTS Series. Applied in agriculture, drip irrigation, and potable drinking water solutions
c) Blown Film:
Magnate Series, Baron POD Series,
Baron Series, Rex Series, Duke Series.
This is used in Lamination film, milk pouches, edible oil packaging, shrink & stretch wrap films, surface protection films, agricultural
films and a variety of barrier films

  • Market Cap 589 Cr.
  • Current Price 90.8
  • High / Low 105 / 40.3
  • Stock P/E 50.9
  • Book Value 45.2
  • Dividend Yield 1.13 %
  • ROCE 9.22 %
  • ROE 5.73 %
  • Face Value 2.00

Pros

  • Company has been maintaining a healthy dividend payout of 45.4%

Cons

  • The company has delivered a poor sales growth of -0.02% over past five years.
  • Company has a low return on equity of 5.08% over last 3 years.
  • Debtor days have increased from 28.1 to 38.3 days.

* 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

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
83.94 115.98 42.65 82.52 90.75 121.96 53.39 82.19 91.68 123.87 65.60 84.77 84.10
72.25 100.94 43.40 73.14 78.88 106.15 51.58 72.40 77.34 108.69 62.80 76.83 74.77
Operating Profit 11.69 15.04 -0.75 9.38 11.87 15.81 1.81 9.79 14.34 15.18 2.80 7.94 9.33
OPM % 13.93% 12.97% -1.76% 11.37% 13.08% 12.96% 3.39% 11.91% 15.64% 12.25% 4.27% 9.37% 11.09%
0.06 -0.55 0.84 0.31 0.24 0.07 0.70 0.49 0.17 0.63 0.72 0.35 0.79
Interest 2.03 1.99 1.48 1.62 1.49 1.25 1.17 1.46 1.98 2.03 1.41 2.04 2.01
Depreciation 3.38 3.30 3.32 3.33 3.34 3.26 3.30 3.34 3.35 3.28 3.41 3.59 4.03
Profit before tax 6.34 9.20 -4.71 4.74 7.28 11.37 -1.96 5.48 9.18 10.50 -1.30 2.66 4.08
Tax % -8.99% -33.26% 25.69% 28.69% 22.94% 27.18% 30.10% 31.39% 26.25% 27.05% 46.15% 38.35% 26.96%
6.91 12.27 -3.49 3.38 5.61 8.28 -1.37 3.76 6.78 7.67 -0.70 1.63 2.98
EPS in Rs 1.06 1.89 -0.54 0.52 0.86 1.28 -0.21 0.58 1.04 1.18 -0.11 0.25 0.46
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
229 216 239 231 281 300 352 331 244 287 338 351 358
213 205 214 217 254 268 314 306 245 258 301 310 323
Operating Profit 16 11 25 14 27 33 38 26 -1 29 37 41 35
OPM % 7% 5% 10% 6% 10% 11% 11% 8% -0% 10% 11% 12% 10%
4 4 6 4 6 10 15 -23 -14 0 1 2 2
Interest 3 2 2 3 3 9 12 12 10 8 6 7 7
Depreciation 2 2 3 4 4 13 14 14 14 13 13 13 14
Profit before tax 15 11 26 11 26 21 27 -23 -38 8 19 23 16
Tax % 26% 0% 26% 31% 44% 42% 36% -36% 64% -63% 26% 27%
11 11 20 8 14 12 17 -32 -14 13 14 17 12
EPS in Rs 1.76 1.66 3.02 1.22 2.21 1.89 2.67 -4.87 -2.12 1.99 2.12 2.59 1.78
Dividend Payout % 0% 0% 0% 0% 0% 40% 37% -21% 0% 50% 47% 39%
Compounded Sales Growth
10 Years: 5%
5 Years: 0%
3 Years: 13%
TTM: 3%
Compounded Profit Growth
10 Years: 5%
5 Years: 0%
3 Years: 14%
TTM: -34%
Stock Price CAGR
10 Years: 12%
5 Years: 5%
3 Years: 45%
1 Year: 108%
Return on Equity
10 Years: 6%
5 Years: 4%
3 Years: 5%
Last Year: 6%

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 13 13 13 13 13 13 13 13 13 13 13 13 13
Reserves 9 20 39 47 61 297 304 265 256 270 277 286 281
20 13 5 30 26 95 83 71 53 46 26 36 42
60 74 71 78 102 197 231 234 193 201 196 198 225
Total Liabilities 102 120 129 167 202 602 631 584 515 530 512 534 561
15 18 22 31 34 360 349 345 342 329 317 309 320
CWIP 0 0 0 1 5 1 8 7 0 0 0 0 0
Investments 0 0 13 25 32 49 51 16 9 11 9 9 9
87 102 93 110 130 192 223 216 164 190 185 215 232
Total Assets 102 120 129 167 202 602 631 584 515 530 512 534 561

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
2 24 17 -8 26 23 28 39 19 35 25 7
-2 -3 -18 -25 -15 -84 -6 -3 8 -10 2 -7
7 -9 -7 21 -8 61 -18 -31 -36 -15 -32 -4
Net Cash Flow 8 12 -9 -12 3 -0 4 5 -9 10 -5 -3

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 15 18 30 24 28 24 34 19 9 24 22 38
Inventory Days 93 100 100 135 93 89 97 108 128 97 87 101
Days Payable 79 109 96 92 90 94 128 122 174 147 130 128
Cash Conversion Cycle 28 10 34 67 31 18 3 5 -36 -25 -21 12
Working Capital Days -11 -29 -8 40 17 50 45 25 -105 -96 -52 -28
ROCE % 61% 28% 54% 20% 30% 12% 10% 8% -1% 5% 8% 9%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
58.52% 58.52% 58.52% 58.52% 58.52% 58.52% 58.52% 58.52% 58.52% 58.52% 58.52% 58.52%
0.00% 0.00% 0.15% 0.15% 0.15% 0.15% 0.15% 0.15% 0.15% 0.11% 0.11% 0.11%
0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
41.45% 41.45% 41.30% 41.30% 41.30% 41.30% 41.29% 41.29% 41.29% 41.34% 41.34% 41.34%
No. of Shareholders 12,06612,33416,14617,47319,96220,32920,52321,24320,87219,97217,20117,074

* 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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