W S Industries (India) Ltd

W S Industries (India) Ltd

₹ 101 -2.28%
04 Oct - close price
About

Incorporated in 1961, WS Industries (India) Ltd deals in Electro-porcelain products and Turnkey Projects.

Key Points

Services Offered:[1]
a) Manufacture and sale of Porcelain Insulators up to 1200kV in Electrical High Voltage Transmission, Substation and Distribution applications.
b) Turnkey Projects Division for Erection, Installation and Commissioning of Electrical High Voltage Lines and Substations and Line Quality Solutions.

  • Market Cap 460 Cr.
  • Current Price 101
  • High / Low 141 / 15.1
  • Stock P/E 175
  • Book Value 15.6
  • Dividend Yield 0.00 %
  • ROCE 1.23 %
  • ROE 63.7 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Promoter holding has increased by 1.51% over last quarter.

Cons

  • Stock is trading at 6.48 times its book value
  • Company has low interest coverage ratio.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.9.04 Cr.
  • Company has high debtors of 386 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

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.22 3.81 24.94 50.70 45.83
0.80 1.41 0.75 6.25 2.06 0.02 0.09 0.21 0.42 5.51 20.99 52.65 40.75
Operating Profit -0.80 -1.41 -0.75 -6.25 -2.06 -0.02 -0.09 -0.21 -0.20 -1.70 3.95 -1.95 5.08
OPM % -90.91% -44.62% 15.84% -3.85% 11.08%
0.00 0.00 0.00 0.86 0.00 -10.63 -47.33 4.52 16.47 0.84 3.16 3.55 1.49
Interest 0.00 0.00 0.00 0.00 0.00 1.75 1.75 0.00 0.00 1.28 1.07 1.91 1.52
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.11 0.08 0.08
Profit before tax -0.80 -1.41 -0.75 -5.39 -2.06 -12.40 -49.17 4.31 16.27 -2.15 5.93 -0.39 4.97
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-0.80 -1.41 -0.75 -5.39 -2.06 -12.40 -49.17 4.31 16.27 -2.15 5.93 -0.39 4.97
EPS in Rs -0.30 -0.54 -0.29 -2.05 -0.78 -4.72 -18.72 1.64 5.27 -0.70 1.68 -0.09 1.11
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Sep 2013 Sep 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
225 203 114 10 4 1 2 0 0 0 0 80 125
264 256 159 29 29 19 1 220 57 7 0 79 120
Operating Profit -39 -53 -45 -19 -25 -17 2 -219 -56 -7 -0 0 5
OPM % -17% -26% -40% -193% -565% -1,186% 69% -66,482% -26,852% 0% 4%
16 134 12 1 -4 24 40 9 0 -2 -55 24 9
Interest 32 66 47 24 1 0 -0 5 0 0 4 4 6
Depreciation 10 16 10 6 12 9 9 9 4 0 0 0 0
Profit before tax -65 -1 -90 -48 -42 -3 32 -224 -61 -8 -59 20 8
Tax % 16% -1,567% 2% 3% 0% 0% 0% 0% 0% 0% 0% 0%
-55 -9 -89 -47 -42 -3 32 -224 -61 -8 -59 20 8
EPS in Rs -25.96 -4.26 -41.87 -22.21 -19.82 -1.38 15.13 -85.36 -23.08 -3.18 -22.59 4.70 2.00
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 104%
3 Years: 624%
TTM: 56845%
Compounded Profit Growth
10 Years: %
5 Years: -16%
3 Years: 30%
TTM: 167%
Stock Price CAGR
10 Years: 28%
5 Years: 96%
3 Years: 183%
1 Year: 568%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 64%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Sep 2013 Sep 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
34 34 34 34 34 21 34 39 39 39 26 42
Reserves 129 -15 -37 -92 -134 -137 -105 -51 -111 -120 -49 23
219 273 259 292 293 293 293 77 101 115 87 64
113 119 161 155 185 177 100 72 58 51 17 110
Total Liabilities 482 398 404 376 365 354 309 125 73 73 82 239
282 149 201 186 170 93 84 75 0 0 0 25
CWIP 14 1 1 1 1 1 1 1 0 0 0 0
Investments 2 0 0 0 0 0 0 0 0 0 0 0
184 247 202 189 194 260 224 49 73 73 82 214
Total Assets 482 398 404 376 365 354 309 125 73 73 82 239

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Sep 2013 Sep 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-19 -123 47 -25 -4 6 -12 -62 -12 -7 -16 -105
-0 129 17 -0 -0 -0 0 316 -0 -7 142 23
17 -7 -64 24 4 -0 7 -253 10 14 -103 62
Net Cash Flow -2 -0 0 -1 -0 6 -5 1 -2 -0 22 -20

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Sep 2013 Sep 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 110 89 152 1,628 2,986 7,932 459 9,368 14,930 386
Inventory Days 157 145 102 922 7,405 39 3,229 25
Days Payable 198 80 209 1,894 14,904 1,216 79,065 192
Cash Conversion Cycle 68 154 45 656 -4,512 6,754 -75,377 9,368 14,930 219
Working Capital Days 93 107 -198 -4,262 -21,908 -66,312 -33,608 -125,483 -170,177 -50
ROCE % -15% -20% -20% -9% -17% -1% 16% -153% -128% -21% -1% 1%

Shareholding Pattern

Numbers in percentages

Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Aug 2023
37.69% 37.69% 37.69% 37.69% 37.69% 37.69% 0.96% 63.11% 55.31% 55.14% 57.45% 56.66%
1.30% 1.30% 1.30% 1.30% 0.27% 0.27% 0.23% 0.23% 0.20% 0.17% 0.16% 0.16%
61.01% 61.01% 61.01% 61.01% 62.03% 62.03% 98.81% 36.66% 44.49% 44.68% 42.38% 43.20%
No. of Shareholders 8,1998,0627,8857,6637,6377,5177,4497,3057,2767,2207,7967,801

* 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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