Welcast Steels Ltd Stock Analysis

BSE: 504988 | NSE: | Castings/Forgings | Small Cap

BSE Share Price 29-Sep-2023 18:02
816.65 -4.55 (-0.55%)

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Welcast Steels Price Chart

P/E Ratio (SA):
Market Cap:
52.1 Cr.
52-wk low:
52-wk high:
Bole Toh?

1. Is Welcast Steels Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Welcast Steels Ltd is a below average quality company.

2. Is Welcast Steels Ltd undervalued or overvalued?

The key valuation ratios of Welcast Steels Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Welcast Steels Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Welcast Steels Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Welcast Steels:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Welcast Steels Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

ROCE % 10.1%0.8%-0.7%5.7%5.5%5.7%-0.8%-4.2%-0.9%10.1%-
Value Creation Index -0.3-1.0-1.1-0.6-0.6-0.6-1.1-1.3-1.1-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 238203120201234270150988693.970
YoY Gr. Rt. %--14.5%-41.2%68.3%16.2%15.3%-44.4%-34.7%-12.2%9.3%-
Adj EPS 46.7-2.5-7.126.32527.9-9.3-28.5-7.737.4-12.4
YoY Gr. Rt. %--105.3%NANA-5.1%11.6%-133.3%NANANA-
BVPS (₹) 484.9480.4473.1499.7521.7548.6539.3513.3509.6553.3562.5
Adj Net Profit 3-0.2-
Cash Flow from Ops. -0.7-4.810.10.6-2.35.7-
Debt/CF from Ops. -4.6-1.900-2.20.2-20.11.610-


CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -9.8%-16.7%-14.5%9.3%
Adj EPS -2.5%8.4%NANA
Share Price 15.4% 3.4% 35.2% -3.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Return on Equity % 10-0.5-
Op. Profit Mgn %
Net Profit Mgn % 1.3-0.1-
Debt to Equity 0.10.3000.
Working Cap Days 64721036169641071371371070
Cash Conv. Cycle 112251212430588494640

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -14.45%

Sales growth is not so good in last 4 quarters at -38.70%

Latest Financials - Welcast Steels Ltd.

Standalone Consolidated
TTM EPS (₹) -12.4 -
TTM Sales (₹ Cr.) 69.8 -
BVPS (₹.) 562.5 -
Reserves (₹ Cr.) 35 -
P/BV 1.45 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 533.00 / 1034.50
All Time Low / High (₹) 8.29 / 1599.95
Market Cap (₹ Cr.) 52.1
Equity (₹ Cr.) 0.6
Face Value (₹) 10
Industry PE 29.7

Management X-Ray of Welcast Steels :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Welcast Steels

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)


Welcast Steels Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Welcast Steels on 29-Sep-2023 18:02 is : 816.6.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 29-Sep-2023 18:02 the market cap of Welcast Steels stood at ₹ 52.12.
The latest PE ratio of Welcast Steels as of 29-Sep-2023 18:02 is 0.00.
The latest PB ratio of Welcast Steels as of 29-Sep-2023 18:02 is 1.45
The 52-week high of Welcast Steels is ₹ 1,034.5 and the 52-week low is ₹ 533.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Welcast Steels is ₹ 69.83 ( Cr.) .

About Welcast Steels Ltd

Welcast Steels is a public limited company incorporated in 1974 manufacturing Hykrom Grinding Media balls for the cement and mining industry.

The manufacturing unit is fully equipped with the state-of-the-art equipment for production, testing and quality control such as induction furnaces, continuous type heat treatment furnaces with automatic oil quenching system, vacuum spectrometer, metallurgical microscope with photographic arrangement, sand testing equipments and hardness testing machine.

The company has an In-house Research & Development section which constantly upgrades and updates the technology to offer original solutions to the problems of industry.

Having been grinding media specialists for nearly 25 years, Welcast has acquired vast experience in the grinding process in the cement, mining industry and thermal power plants. The company engineers keep track of the latest developments taking place worldwide and with their exceptional knowledge, are in a position to recommend to the industry the specific quality of grinding media to be used for various applications.

The quality of grinding media manufactured by the company has been well established and its products are being supplied practically too all the cement plants in India. The company exports its products to other countries like USA, U.A.E., Japan, Australia, Thailand, Sri Lanka, UK, Bangladesh, Indonesia, Omain, Qatar, Philippines, Slovakia, Hong Kong, Canada, Bulgaria and Vietnam.

Product range of the company includes:

High Chrome Grinding Media - Welcast HYKROM Grinding Media is a combination of high performance and durability. It strikes a perfect balance between hardness and toughness. Over 50,000 tonnes is currently employed in Indian and International industries without a single failure.


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