Worth Peripherals Ltd
Incorporated in 1996, Worth Peripherals Ltd does manufacturing and sale of Corrugated Boxes[1]
- Market Cap ₹ 180 Cr.
- Current Price ₹ 114
- High / Low ₹ 137 / 92.5
- Stock P/E 13.4
- Book Value ₹ 94.4
- Dividend Yield 0.87 %
- ROCE 16.3 %
- ROE 13.5 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Earnings include an other income of Rs.5.96 Cr.
- Dividend payout has been low at 12.2% of profits 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
51 | 58 | 82 | 105 | 125 | 129 | 146 | 152 | 133 | 161 | 222 | 213 | 179 | |
48 | 51 | 73 | 95 | 111 | 115 | 126 | 133 | 116 | 142 | 201 | 190 | 162 | |
Operating Profit | 3 | 7 | 9 | 10 | 13 | 14 | 20 | 19 | 17 | 19 | 21 | 23 | 17 |
OPM % | 7% | 12% | 10% | 10% | 11% | 11% | 14% | 12% | 13% | 12% | 9% | 11% | 10% |
0 | 2 | 3 | 3 | 3 | 6 | 3 | 2 | 6 | 8 | 9 | 5 | 6 | |
Interest | 1 | 2 | 2 | 2 | 3 | 3 | 2 | 1 | 1 | 1 | 0 | 0 | 0 |
Depreciation | 0 | 1 | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 5 | 5 | 5 | 5 |
Profit before tax | 3 | 5 | 8 | 9 | 10 | 15 | 18 | 17 | 17 | 21 | 25 | 23 | 18 |
Tax % | 0% | 36% | 33% | 31% | 36% | 30% | 63% | 22% | 18% | 26% | 24% | 23% | |
3 | 3 | 5 | 6 | 6 | 10 | 7 | 13 | 14 | 16 | 19 | 18 | 13 | |
EPS in Rs | 7.89 | 9.89 | 8.96 | 10.47 | 11.25 | 9.00 | 4.28 | 8.24 | 8.89 | 10.15 | 12.16 | 11.45 | 8.51 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 18% | 25% | 20% | 8% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | 8% |
3 Years: | 17% |
TTM: | -19% |
Compounded Profit Growth | |
---|---|
10 Years: | 18% |
5 Years: | 22% |
3 Years: | 9% |
TTM: | -26% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 33% |
1 Year: | 15% |
Return on Equity | |
---|---|
10 Years: | 17% |
5 Years: | 15% |
3 Years: | 14% |
Last Year: | 14% |
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 | 4 | 4 | 6 | 6 | 6 | 12 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
Reserves | 7 | 10 | 15 | 21 | 28 | 30 | 49 | 63 | 76 | 91 | 109 | 127 | 133 |
23 | 22 | 20 | 18 | 28 | 21 | 13 | 5 | 17 | 15 | 19 | 2 | 1 | |
4 | 9 | 14 | 17 | 24 | 13 | 17 | 15 | 14 | 15 | 17 | 16 | 14 | |
Total Liabilities | 38 | 45 | 54 | 62 | 86 | 76 | 95 | 98 | 123 | 136 | 160 | 161 | 164 |
26 | 28 | 31 | 34 | 46 | 45 | 48 | 45 | 70 | 67 | 61 | 63 | 61 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 2 | 3 | 3 | 5 | 7 | 9 | 18 | 21 | 22 |
11 | 17 | 23 | 28 | 38 | 28 | 44 | 48 | 45 | 60 | 81 | 78 | 81 | |
Total Assets | 38 | 45 | 54 | 62 | 86 | 76 | 95 | 98 | 123 | 136 | 160 | 161 | 164 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 11 | 8 | 7 | 14 | 13 | 12 | 16 | 30 | ||||
0 | -17 | -3 | -6 | 6 | -35 | -4 | -16 | -20 | ||||
0 | 7 | -6 | 11 | -8 | 11 | -4 | 3 | -17 | ||||
Net Cash Flow | 0 | 1 | -1 | 12 | 12 | -11 | 4 | 3 | -6 |
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 | 33 | 47 | 46 | 36 | 44 | 40 | 38 | 42 | 48 | 55 | 47 | 40 |
Inventory Days | 24 | 40 | 36 | 36 | 35 | 39 | 47 | 44 | 50 | 42 | 38 | 27 |
Days Payable | 35 | 61 | 59 | 53 | 67 | 45 | 33 | 31 | 27 | 21 | 16 | 14 |
Cash Conversion Cycle | 22 | 26 | 23 | 20 | 12 | 34 | 51 | 55 | 70 | 76 | 69 | 52 |
Working Capital Days | 41 | 52 | 48 | 47 | 45 | 29 | 48 | 51 | 72 | 71 | 63 | 51 |
ROCE % | 15% | 21% | 25% | 25% | 24% | 28% | 28% | 22% | 19% | 15% | 19% | 16% |
Business Overview:[1]
WPL is certified by ISO 9001-2015, 4 Pillar SMETA audit norms for SEDEX Unilever Responsible Sourcing Audit [URSA]. It is a manufacturer of corrugated boxes