Windsor Machines Ltd

Windsor Machines Ltd

₹ 92.1 3.08%
19 Apr - close price
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 598 Cr.
  • Current Price 92.1
  • High / Low 105 / 40.3
  • Stock P/E 66.1
  • Book Value 42.1
  • Dividend Yield 1.09 %
  • ROCE 6.77 %
  • ROE 1.65 %
  • Face Value 2.00

Pros

  • Company has been maintaining a healthy dividend payout of 163%

Cons

  • The company has delivered a poor sales growth of -0.80% over past five years.
  • Company has a low return on equity of 2.08% over last 3 years.
  • Company's cost of borrowing seems high

* 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

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
91.18 122.61 48.20 86.44 99.65 134.87 54.42 97.86 98.77 126.40 69.03 89.27 87.03
80.03 106.55 52.26 83.31 89.73 114.48 60.40 84.92 91.82 111.33 67.08 80.81 78.28
Operating Profit 11.15 16.06 -4.06 3.13 9.92 20.39 -5.98 12.94 6.95 15.07 1.95 8.46 8.75
OPM % 12.23% 13.10% -8.42% 3.62% 9.95% 15.12% -10.99% 13.22% 7.04% 11.92% 2.82% 9.48% 10.05%
0.20 0.13 0.93 0.36 0.49 0.94 0.73 0.30 0.59 5.03 0.92 0.35 0.86
Interest 2.50 3.23 2.59 1.73 1.77 4.81 2.37 1.74 2.04 4.57 3.01 2.74 2.67
Depreciation 3.46 2.99 3.52 3.54 3.56 3.44 3.49 3.52 3.50 3.41 3.82 3.60 4.17
Profit before tax 5.39 9.97 -9.24 -1.78 5.08 13.08 -11.11 7.98 2.00 12.12 -3.96 2.47 2.77
Tax % -10.58% -30.69% 13.10% -76.40% 32.87% 23.62% 5.31% 21.55% 120.00% 23.43% 15.15% 41.30% 39.71%
5.96 13.03 -8.04 -3.14 3.40 10.00 -10.51 6.27 -0.40 9.28 -3.35 1.45 1.67
EPS in Rs 0.92 2.01 -1.24 -0.48 0.52 1.54 -1.62 0.97 -0.06 1.43 -0.52 0.22 0.26
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
252 259 309 354 393 350 283 314 369 377 372
229 254 291 323 357 337 278 285 339 348 338
Operating Profit 23 5 17 31 36 13 6 29 30 29 34
OPM % 9% 2% 6% 9% 9% 4% 2% 9% 8% 8% 9%
6 5 6 11 15 20 -12 1 3 7 7
Interest 2 3 3 9 13 13 11 11 11 11 13
Depreciation 3 6 5 14 16 14 14 14 14 14 15
Profit before tax 24 1 15 19 22 5 -32 6 7 11 13
Tax % 29% 326% 78% 48% 45% 157% 77% -86% 69% 58%
17 -2 3 10 12 -3 -8 11 2 5 9
EPS in Rs 2.61 -0.33 0.50 1.53 1.86 -0.47 -1.13 1.67 0.35 0.72 1.39
Dividend Payout % 0% 0% 0% 49% 54% -214% 0% 60% 289% 139%
Compounded Sales Growth
10 Years: %
5 Years: -1%
3 Years: 10%
TTM: -4%
Compounded Profit Growth
10 Years: %
5 Years: -17%
3 Years: -32%
TTM: 69%
Stock Price CAGR
10 Years: 12%
5 Years: 6%
3 Years: 49%
1 Year: 117%
Return on Equity
10 Years: %
5 Years: 2%
3 Years: 2%
Last Year: 2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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
Reserves 38 37 39 274 275 265 262 273 271 267 260
6 30 27 95 83 72 53 46 26 36 41
91 94 125 220 262 271 240 258 265 266 296
Total Liabilities 148 174 205 602 634 621 568 590 576 582 610
31 40 38 363 351 347 345 332 320 311 341
CWIP 0 1 5 1 8 7 19 19 19 19 0
Investments 0 3 1 13 10 13 0 2 0 0 0
116 130 160 225 265 253 205 238 237 251 269
Total Assets 148 174 205 602 634 621 568 590 576 582 610

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
11 -16 14 19 23 38 24 37 27 12
-15 -18 -3 -80 -2 0 8 -10 1 -7
-4 21 -8 61 -17 -32 -38 -17 -37 -8
Net Cash Flow -7 -13 3 0 3 6 -5 10 -9 -2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 34 30 41 37 49 31 25 35 40 47
Inventory Days 135 145 114 93 116 138 154 143 118 127
Days Payable 105 91 98 90 136 131 168 157 134 132
Cash Conversion Cycle 64 84 57 39 29 37 11 21 24 42
Working Capital Days -2 45 27 55 54 26 -88 -88 -40 -29
ROCE % 6% 22% 12% 9% 5% 1% 5% 6% 7%

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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