Welspun Specialty Solutions Ltd.

NSE: REMIMETAL BSE: 500365 SECTOR: Steel & Iron Products  18k   70   4

24.41
+0.60 (2.52%)
BSE: Today, 05:10 PM

Price Summary

Today's High

₹ 24.5

Today's Low

₹ 23.55

52 Week High

₹ 23.95

52 Week Low

₹ 0

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

1293.95 Cr.

Enterprise Value

1567.97 Cr.

No. of Shares

53.01 Cr.

P/E

0

P/B

0

Face Value

₹ 6

Div. Yield

0 %

Book Value (TTM)

₹  -0.12

CASH

5.92 Cr.

DEBT

279.94 Cr.

Promoter Holding

55.17 %

EPS (TTM)

₹  -0.26

Sales Growth

74.77%

ROE

-137.9 %

ROCE

-5.52%

Profit Growth

-133.03 %

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

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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

 Group Companies

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Ratios

Sales Growth

1 Year74.77%
3 Year-28.18%
5 Year-6.85%

Profit Growth

1 Year-133.03%
3 Year-22.16%
5 Year8.06%

ROE%

1 Year-137.9%
3 Year-45.97%
5 Year-27.58%

ROCE %

1 Year-5.52%
3 Year3.29%
5 Year0.86%

Debt/Equity

37.2261

Price to Cash Flow

-14.73

Interest Cover Ratio

-0.807398708162067

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 55.17 0
Dec 2022 53.55 0
Sep 2022 53.55 0
Jun 2022 53.55 55.95
Mar 2022 53.55 55.95
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has an efficient Cash Conversion Cycle of 62.5860925415512 days.
  • The company has a high promoter holding of 55.17%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 3.45111556518674.

 Limitations

  • The company has shown a poor profit growth of -22.156674717118% for the Past 3 years.
  • The company has shown a poor revenue growth of -28.1782875177076% for the Past 3 years.
  • Company has a poor ROE of -45.967741935484% over the past 3 years.
  • Company has a poor ROCE of 3.29187994881054% over the past 3 years
  • Company has high Debt to Equity ratio of 37.2261.
  • Company has low Interest coverage ratio of -0.807398708162067.
  • Company has negative cash flow from operations of -87.84.
  • Tax rate is low at 0.
  • The company has a low EBITDA margin of -14.0821427426316% over the past 5 years.
  • The company is trading at a high EV/EBITDA of 49.8084.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Net Sales 84.44 81.76 87.09 111.18 137.8
Total Expenditure 89.35 84.61 93.47 103.31 119.72
Operating Profit -4.91 -2.85 -6.38 7.87 18.08
Other Income 17.65 3.63 6.65 1.5 2.99
Interest 7.17 5.09 7.25 8.72 9.25
Depreciation 3.6 3.65 3.73 3.77 3.76
Exceptional Items 0 0 0 0 0
Profit Before Tax 1.97 -7.96 -10.71 -3.12 8.06
Tax 0 0 0 0 0
Profit After Tax 1.97 -7.96 -10.71 -3.12 8.06
Adjusted EPS (Rs) 0.04 -0.15 -0.2 -0.06 0.15

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 235.26 440.75 295.17 93.43 163.29
Total Expenditure 246.01 478.2 366.21 114.09 181.67
Operating Profit -10.75 -37.45 -71.04 -20.66 -18.38
Other Income 4.68 3.95 4.83 1.61 19.12
Interest 46.83 9.45 15.41 11.47 17.03
Depreciation 6.61 6.68 10.32 13.81 14.49
Exceptional Items 5 29.49 10.57 137.62 0
Profit Before Tax -54.51 -20.14 -81.37 93.29 -30.78
Tax 0 0 0 0.09 0
Net Profit -54.51 -20.14 -81.37 93.2 -30.78
Adjusted EPS (Rs.) -5.03 -0.58 -1.66 1.76 -0.58

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 65.06 208.02 293.41 317.65 318.05
Total Reserves -390.88 -420.28 -398.41 -278.88 -310.53
Borrowings 485.35 258.13 218.35 153.45 267.69
Other N/C liabilities 1.59 1.81 1.17 62.68 12.52
Current liabilities 419.41 362.87 213.36 44.09 84.72
Total Liabilities 580.53 410.55 327.88 298.99 372.45
Assets
Net Block 105.42 99.67 218.53 224.11 212.35
Capital WIP 7.14 85.15 12 5.03 6.19
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 4.39 5.46 3.38 0.27 1.66
Other N/C Assets 0 0 0 0 0
Current Assets 463.58 220.27 93.97 69.58 152.25
Total Assets 580.53 410.55 327.88 298.99 372.45
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations -59.51 -20.14 -81.37 93.29 -30.78
Adjustment 55.33 16.76 27.6 -101.41 30.74
Changes in Assets & Liabilities -0.99 1.3 26.42 49.51 -86.29
Tax Paid -0.17 -0.3 0.53 1.44 -1.51
Operating Cash Flow -5.34 -2.38 -26.82 42.83 -87.84
Investing Cash Flow -73.8 -18.16 -47.62 -8.61 -3.97
Financing Cash Flow 320.01 -222.01 74.5 -34.01 96.52
Net Cash Flow 240.87 -242.55 0.06 0.21 4.71

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Promoters 53.55 53.55 53.55 53.55 55.17
welspun steel limi... 44.87 44.87 44.87 39.88 39.88
welpsun steel limi... - - - - -
widescreen holding... 3.27 3.27 3.27 - 22.27
widescreen holding... - - - 22.27 -
magnificent tradin... 2.02 2.02 2.02 - 6.47
magnificent tradin... - - - 6.47 -
calplus trading pr... 1.76 1.76 1.76 - 5.64
calplus trading pv... - - - 5.64 -
vishwakarma jobwor... 0.74 0.74 0.74 2.36 2.36
remi finance and i... - - - 2.27 -
remi finance and ... - 0.71 0.71 - 2.27
remi securities li... 0.67 0.67 0.67 2.13 2.13
k k fincorp limited 0.67 0.67 0.67 2.13 2.13
vayudoot trading l... 0.58 0.58 0.58 1.84 1.84
rajendra finance p... 0.57 - - 1.81 -
rajendra finance p... - 0.57 0.57 - 1.81
remi finance and i... 0.71 - - - -
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Investors 46.45 46.45 46.45 46.45 44.83
dilpkumar lakhi - - - - -
dilipkumar lakhi - 24.95 - - -
dilipkumar lakhi 24.95 - 24.95 - -
dilip kumar lakhi - - - - -
pankaj jawaharlal ... 3.61 3.61 - - -
pankaj razdan - - 3.61 - -
widescreen holding... - - - - -
widescreen holding... - - - - -
winro commercial (... 2.28 2.28 - - -
winro commercial (... - - 2.28 - -
winro commercails ... - - - - -
ritesh vilasrao de... - - - - -
ritesh deshmukh - - - - -
magnificent tradin... - - - - -
calplus trading pr... - - - - -
calplus trading p... - - - - -
unclaimed or suspe... - - - - 0.11
fii - - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

  • PresentationQ4FY23 25 May 2023

Company News

Welspun Special.Soln - Quaterly Results24 May 2023, 3:50PM Welspun Special.Soln - Quaterly Results24 May 2023, 3:50PM Welspun Special.Soln - Quaterly Results24 May 2023, 3:50PM Welspun Specialty Solutions wins significant strategic order19 May 2023, 12:51PM Welspun Specialty Solutions informs about non-applicability of large corporate entity 25 Apr 2023, 10:17AM Welspun Specialty Solutions informs about disclosure 14 Mar 2023, 10:24AM Welspun Specialty Solutions informs about loss of share certificate22 Feb 2023, 12:08PM Welspun Specialty Solutions informs about newspaper publications31 Jan 2023, 2:59PM Welspun Special.Soln - Quaterly Results30 Jan 2023, 7:06PM Welspun Special.Soln - Quaterly Results30 Jan 2023, 7:06PM Welspun Specialty Solution informs about board meeting23 Jan 2023, 5:08PM Welspun Specialty Solutions informs about press release3 Jan 2023, 12:33PM Welspun Specialty Solutions informs about issue of duplicate certificate29 Nov 2022, 12:35PM Welspun Specialty Solutions informs about details of loss of certificate 25 Nov 2022, 2:57PM Welspun Specialty Solutions informs about issue of duplicate certificate15 Nov 2022, 5:06PM Welspun Special.Soln - Quaterly Results31 Oct 2022, 3:45PM Welspun Special.Soln - Quaterly Results31 Oct 2022, 3:45PM Welspun Special.Soln - Quaterly Results31 Oct 2022, 3:45PM Welspun Specialty Solutions informs about details of loss of certificate19 Oct 2022, 4:54PM Welspun Special.Soln - Quaterly Results1 Aug 2022, 7:29PM Welspun Special.Soln - Quaterly Results1 Aug 2022, 7:29PM Welspun Special.Soln - Quaterly Results23 May 2022, 7:56PM Welspun Special.Soln - Quaterly Results23 May 2022, 7:56PM Welspun Specialty Solutions bags order of Rs 17 crore 20 May 2022, 10:59AM Welspun Specialty Solutions informs about loss of share certificate26 Mar 2022, 11:01AM Welspun Specialty Solutions informs about loss of share certificate16 Feb 2022, 5:14PM Welspun Special.Soln - Quaterly Results9 Feb 2022, 1:31PM Welspun Special.Soln - Quaterly Results9 Feb 2022, 1:31PM Welspun Special.Soln - Quaterly Results9 Feb 2022, 1:31PM Welspun Specialty Solutions informs about board meeting3 Feb 2022, 1:55PM Welspun Specialty Solutions informs about loss of share certificate2 Feb 2022, 4:17PM Welspun Specialty Solutions informs about postal ballot notice1 Dec 2021, 2:42PM Welspun Special.Soln - Quaterly Results1 Nov 2021, 6:52PM Welspun Specialty Solutions informs about voting results2 Sep 2021, 10:08AM Welspun Specialty Solutions submits confirmation certificate21 Jul 2021, 9:43AM Welspun Specialty Solutions informs about outcome of board meeting29 Jun 2021, 12:58PM Welspun Specialty Solutions informs about outcome of board meeting18 Jun 2021, 4:16PM Welspun Specialty Solutions informs about allotment of equity shares under ESOP22 May 2021, 12:57PM Welspun Specialty Solutions gets reimbursement from government of Gujarat20 Jan 2021, 9:14AM Welspun Speciality Solutions informs about AGM18 Aug 2020, 5:03PM Welspun Specialty Solutions bags new orders worth Rs 19.48 crore17 Aug 2020, 8:46AM Welspun Specialty Solutions reports net loss of Rs 10 crore in Q1 4 Aug 2020, 4:01PM Welspun Specialty Solutions resumes operations at Jhagadia plant18 Apr 2020, 12:47PM

Welspun Special.Soln Stock Price Analysis and Quick Research Report. Is Welspun Special.Soln an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Welspun Special.Soln has a PE ratio of -94.1743827160494 which is low and comparatively undervalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Welspun Special.Soln has ROA of -9.16835458119862 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Welspun Special.Soln has a Current ratio of 1.79709631728045 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Welspun Special.Soln has a ROE of -137.903225806452 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Welspun Special.Soln has a D/E ratio of 37.2261 which means that the company has high proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Welspun Special.Soln has an Inventory turnover ratio of 1.94601358598498 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Welspun Special.Soln has reported revenue growth of 74.7725569945414 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Welspun Special.Soln for the current financial year is -11.2560475228122 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Welspun Special.Soln is Rs 0 and the yield is 0 %.

Brief about Welspun Special.Soln

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