Wabco India Ltd.

SECTOR: Auto Ancillary

6890
₹ 3.65 (0.05%)
Today's High: 6891.7 Today's Low : 6870
52 Week High: 6980.00 52 Week Low : 5296.75
 FinStar
FinStar Indicates the overall health and quality of a stock based on Finology Research.
Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.

 Company Essentials

Market Cap

13068.665376 Cr.

P/E

72.84

P/B

6.93

Face Value

₹5

Div. Yield

0.13%

Book Value (TTM)

993.8987

Enterprise Value

12519.010376 Cr.

CASH

549.655 Cr.

DEBT

0 Cr.

Promoter Holding

75%

EPS (TTM)

94.5914

Sales Growth

10.91 %

ROE

17.11 %

ROCE

24.86 %

Profit Growth

3.42 %

No. of Shares

1.8967584 Cr.

Add your own Ratio
* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

 Price Chart 1w1m3m6m1Yr3Yr5Yr

* Prices are based on daily market changes.

 Valuation Chart 1w1m3m6m1Yr3Yr5Yr

* The chart is based on the standalone earnings of the company.

 Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Sales Growth

1 Year10.91%
3 Year15.92%
5 Year20.77%

 Profit Growth

1 Year3.42%
3 Year11.53%
5 Year19.15%

 ROE

1 Year17.11%
3 Year18.36%
5 Year18.21%

 ROCE

1 Year24.86%
3 Year26.03%
5 Year25.6%

 Debt Equity

0

 Price to Cash Flow

-38.37

  Interest Cover Ratio

0

 CFO/PAT (5 Yr Avg.)

0.598503917211265

 Share Holding Pattern

 Promoter Pledging %

Date Promoter % Pledge %
Mar 2020 75 0
Dec 2019 75 0
Sep 2019 75 0
Jun 2019 75 0
Mar 2019 75 0
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 15.9167727621351% for the Past 3 years.
  • Company has been maintaining healthy ROCE of 26.0333333333333% over the past 3 years.
  • Company is virtually debt free.
  • The company has an efficient Cash Conversion Cycle of 29.58 days.
  • Company has a healthy liquidity position with current ratio of 3.39.
  • The company has a high promoter holding of 75%.

 Limitations

  • Company has negative cash flow from operations of -3405.996.
  • The company is trading at a high PE of 44.8.

 Quarterly Result (All Figures are in Crores.)

Particulars Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020
Net Sales 662.9 637.76 446 440.95 404.85
Other Income 13.22 15.35 14.61 15.8 18.13
Total Expenditure 577.54 550.79 393.36 380.76 353.17
Operating Profit 98.57 102.32 67.25 75.99 69.81
Interest 0 0.3 0.55 0.45 0.61
Depreciation 20.68 22.19 20.89 22.34 24.69
Exceptional Items 0 0 0 0 0
Profit Before Tax 77.9 79.83 45.8 53.2 44.51
Tax 25.8 25.07 11.95 14.5 13.01
Profit After Tax 52.1 54.76 33.86 38.7 31.5

 Profit & Loss (All Figures are in Crores except Adjusted EPS in Rs.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Net Sales 1347.96 1832.46 2067.49 2573.33 2854.14
Other Income 20.3 40.12 36.37 46.53 72.48
Total Expenditure 1144.61 1545.89 1741.31 2174.72 2444.26
Operating Profit 223.65 326.7 362.55 445.14 482.35
Interest 0.36 0.15 0.46 1.62 0
Depreciation 46.66 56.2 61.63 61.74 71.44
Exceptional Items 0 0 0 0 0
Profit Before Tax 176.63 270.34 300.45 381.78 410.91
Tax 55.97 66.97 86.97 108.96 128.74
Net Profit 120.66 203.37 213.48 272.83 282.17
Adjusted EPS 64 107 113 144 149

 Balance Sheet (All Figures are in Crores.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Equity and Liabilities
Share Capital 9.48 9.48 9.48 9.48 9.48
Total Reserves 853.55 1058.3 1256.94 1516.4 1770.49
Borrowings 0 0 0 0 0
Other N/C liabilities 35.2 23.32 25.19 30.34 35.15
Current liabilities 215.24 432.16 445.47 612.71 519.2
Total Liabilities 1113.48 1523.25 1737.08 2168.94 2334.32
Assets
Net Block 323.74 335.09 317.94 358.95 439.96
Capital WIP 17.63 37.45 61.66 52.38 19.31
Investments 2.2 0 0 0 0
Loans & Advances 22.92 25.5 54.24 49.81 59.7
Other N/C Assets 0 8.76 1.55 31.82 53
Current Assets 746.99 1116.45 1301.69 1675.98 1762.36
Total Assets 1113.48 1523.25 1737.08 2168.94 2334.32
* Other Non-current Liabilities include Net deferred Liabilities

 Cash Flows (All Figures are in Crores.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Profit Before Tax 176.63 270.34 300.45 381.78 410.91
Adjustment 33.62 58.35 30.59 30.53 33.11
Working Capital Changes -31.46 -7.99 -50.75 5.6 -650.13
Tax Paid -54.68 -78.54 -100.71 -107.13 -134.5
Operating Cash Flow 124.1 242.16 179.58 310.78 -340.6
Investing Cash Flow -45.06 -240.54 -119.91 -205.2 61.91
Financing Cash Flow -11.39 -11.62 -14.16 -17.61 -18.29
Net Cash Flow 67.65 -10 45.51 87.98 -296.98

 Corporate Actions

 Ratings & Research Reports

 Company Presentations

Currently we do not have any Presentation and Concall related to this company.

 Wabco India Stock Price Analysis and Quick Research Report

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Is Wabco India an attractive stock to invest in?

 

The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government is providing the auto companies with a boost needed in their development. But will it sustain?
We can look into more details and dig a little deeper into the analysis of the stock of this sector. Let’s look at how Wabco India is performing and if it is the right time to buy the stock of Wabco India with detailed analysis.

  • The mainstream of revenue for Auto Sector is their sales, Wabco India has reported decent sales growth of 10.91 % and in the latest quarter sales was Rs 40.4854 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 20.1401174690283 times for Wabco India . It is managing its inventory efficiently .
     
  • The company reported Profit growth of 3.42 % over the year, where the latest year profit is Rs 282.1693 Cr compared to the previous year of Rs 2.728263 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
     
  • The operating profit of the company in the latest quarter is Rs 6.9811 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
     
  • Wabco India has a average ROE of 17.1112456280316 %. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. Wabco India has a low Debt to Equity ratio of 0.
     
  • Wabco India pays a dividend of 9 Rs per share. It tells us that a company dislikes to share profits with its shareholders. The dividend yield is low at 0.1322 %.
     
  • The share of promoter in the company is high at 75 %, where the pledging is 0 %.
     
  • What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Wabco India is 44.8015579058884 compared to the 5 year average PE of 59.88 .
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