Worth Peripherals Ltd

Worth Peripherals Ltd

₹ 120 4.67%
18 Jun - close price
About

Incorporated in 1996, Worth Peripherals Ltd does manufacturing and sale of Corrugated Boxes[1]

Key Points

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

  • Market Cap 190 Cr.
  • Current Price 120
  • High / Low 137 / 92.5
  • Stock P/E 11.9
  • Book Value 101
  • Dividend Yield 0.83 %
  • ROCE 13.8 %
  • ROE 10.5 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 1.19 times its book value

Cons

  • The company has delivered a poor sales growth of 4.36% over past five years.
  • Company has a low return on equity of 13.2% over last 3 years.
  • Earnings include an other income of Rs.8.44 Cr.
  • Dividend payout has been low at 8.96% 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.

Peer comparison

Sector: Packaging Industry: Packaging

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
62.49 65.59 74.69 76.10 76.38 82.96 78.93 68.07 67.53 58.91 60.74 59.50 59.31
56.64 57.26 67.27 70.53 68.45 74.22 70.56 58.86 59.76 53.42 56.06 54.31 53.32
Operating Profit 5.85 8.33 7.42 5.57 7.93 8.74 8.37 9.21 7.77 5.49 4.68 5.19 5.99
OPM % 9.36% 12.70% 9.93% 7.32% 10.38% 10.54% 10.60% 13.53% 11.51% 9.32% 7.70% 8.72% 10.10%
0.32 0.24 0.43 5.84 0.31 0.44 0.32 0.48 0.85 1.78 0.92 1.14 4.60
Interest -0.35 0.72 -0.09 0.02 0.40 0.30 0.31 0.33 0.31 0.39 0.59 0.51 0.19
Depreciation 1.48 1.55 1.65 1.59 1.48 1.49 1.47 1.54 1.69 1.52 1.55 1.79 1.29
Profit before tax 5.04 6.30 6.29 9.80 6.36 7.39 6.91 7.82 6.62 5.36 3.46 4.03 9.11
Tax % 30.16% 30.16% 26.87% 25.41% 29.25% 27.20% 28.08% 27.75% 29.76% 29.29% 19.36% 28.78% 24.70%
3.52 4.40 4.61 7.31 4.50 5.40 4.96 5.66 4.64 3.79 2.78 2.88 6.87
EPS in Rs 2.00 2.43 2.55 4.60 2.58 3.03 2.70 3.14 2.60 2.25 1.73 1.92 4.18
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
138 158 193 175 217 293 297 238
122 136 167 151 189 264 263 217
Operating Profit 16 22 26 24 28 29 34 21
OPM % 11% 14% 13% 14% 13% 10% 12% 9%
6 3 1 4 6 7 2 8
Interest 3 2 2 2 2 1 1 2
Depreciation 4 4 5 6 6 6 6 6
Profit before tax 15 19 20 20 26 29 29 22
Tax % 29% 61% 26% 23% 30% 28% 28% 26%
11 7 15 15 18 21 21 16
EPS in Rs 9.30 4.70 8.24 9.73 10.15 12.15 11.47 10.08
Dividend Payout % 0% 0% 18% 23% 20% 8% 9% 10%
Compounded Sales Growth
10 Years: %
5 Years: 4%
3 Years: 3%
TTM: -20%
Compounded Profit Growth
10 Years: %
5 Years: 4%
3 Years: 7%
TTM: -12%
Stock Price CAGR
10 Years: %
5 Years: 15%
3 Years: 17%
1 Year: 24%
Return on Equity
10 Years: %
5 Years: 14%
3 Years: 13%
Last Year: 11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 12 16 16 16 16 16 16 16
Reserves 30 50 63 76 91 110 128 143
24 15 10 21 21 19 4 9
14 19 27 27 31 38 36 38
Total Liabilities 79 100 115 139 159 183 183 207
49 52 56 83 79 76 79 91
CWIP 0 0 0 0 0 1 1 1
Investments 0 0 0 0 0 0 0 0
30 47 59 56 79 107 103 115
Total Assets 79 100 115 139 159 183 183 207

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
10 8 16 17 13 16 34 13
-6 -7 5 -37 -7 -9 -23 -18
-5 11 -9 9 -2 -3 -17 5
Net Cash Flow -1 12 12 -11 4 3 -6 -0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 40 39 48 52 59 53 46 60
Inventory Days 38 45 41 42 41 41 25 42
Days Payable 46 35 38 33 30 27 17 22
Cash Conversion Cycle 33 49 51 61 70 67 54 81
Working Capital Days 30 46 47 62 66 63 51 73
ROCE % 29% 24% 21% 18% 20% 19%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.22% 74.22% 74.22% 74.22% 74.22% 74.22% 74.22% 74.26% 74.30% 74.30% 74.30% 74.51%
25.76% 25.78% 25.78% 25.78% 25.78% 25.78% 25.78% 25.74% 25.70% 25.70% 25.70% 25.49%
No. of Shareholders 3,1597,0066,7766,3696,2896,5147,1577,2237,1317,7837,6348,166

Documents