Wendt (India) Ltd Stock Analysis

BSE: 505412 | NSE: WENDT | Abrasives | Small Cap

BSE Share Price 09-Jun-2023 18:01
9416.25 -21.05 (-0.22%)

DeciZen - Make an Informed Decision on Wendt India

Overall Rating

1. Quality

2. Valuation

Overvalued

3. Price Trend

Wendt India Price Chart

P/E Ratio ( SA) :
46.94
Market Cap :
1,883.3 Cr.
52-wk low :
7,050
52-wk high :
9,744.9
Bole Toh?

1. Is Wendt (India) Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Wendt (India) Ltd is a average quality company.

2. Is Wendt (India) Ltd undervalued or overvalued?

The key valuation ratios of Wendt (India) Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Wendt (India) Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Wendt (India) Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Wendt India:

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.
Wendt (India) Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 13.9%14.4%17.3%10.9%11.8%11.4%12.1%7.1%10.5%19.3%-
Value Creation Index -0.00.00.2-0.2-0.2-0.2-0.1-0.5-0.30.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 89.795.7107118130129143123121160191
YoY Gr. Rt. %-6.6%11.8%10.5%9.6%-0.1%10.4%-13.7%-2.1%32.6%-
Adj EPS 49.555.57349.356.757.366.238.762.7129.4200.6
YoY Gr. Rt. %-12%31.6%-32.5%15%1.2%15.4%-41.6%62.1%106.5%-
BVPS (₹) 381.3411.6449.5487.2512.2545.4573.1598.3627.9720.7846.7
Adj Net Profit 9.911.114.69.911.311.513.27.712.525.940
Cash Flow from Ops. 12.913.513.69.416.420.929.1105.634.1-
Debt/CF from Ops. 000000000.20-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 6.6%4.3%3.9%32.6%
Adj EPS 11.3%18%25.1%106.5%
BVPS 7.37.17.914.8
Share Price 24.5% 26.7% 49.3% 27.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 13.6141710.511.310.811.86.610.219.225.6
Op. Profit Mgn % 20.317.3181617.117.917.611.616.124.128.1
Net Profit Mgn % 1111.613.78.38.88.99.36.310.416.221
Debt to Equity 00000000000
Working Cap Days 337329313229145161156182200156244
Cash Conv. Cycle 41484855688566738265183

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 25.60%

Net Profit is growing at healthy rate in last 3 years 25.07%

Sales growth is good in last 4 quarters at 20.88%

Sales growth has been subdued in last 3 years 3.86%

Latest Financials - Wendt (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 200.6 200.5
TTM Sales (₹ Cr.) 191 208
BVPS (₹.) 846.7 943.6
Reserves (₹ Cr.) 167 187
P/BV 11.12 9.96
PE 46.94 46.87
From the Market
52 Week Low / High (₹) 7050.00 / 9744.85
All Time Low / High (₹) 12.50 / 9744.85
Market Cap (₹ Cr.) 1,883
Equity (₹ Cr.) 2
Face Value (₹) 10
Industry PE 66.1

Management X-Ray of Wendt India :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Wendt India

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

News

Wendt (India) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Wendt India on 09-Jun-2023 18:01 is : 9,416.3.
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 09-Jun-2023 18:01 the market cap of Wendt India stood at ₹ 1,883.3.
The latest PE ratio of Wendt India as of 09-Jun-2023 18:01 is 46.94.
The latest PB ratio of Wendt India as of 09-Jun-2023 18:01 is 11.12
The 52-week high of Wendt India is ₹ 9,744.9 and the 52-week low is ₹ 7,050.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Wendt India is ₹ 190.9 ( Cr.) .

About Wendt (India) Ltd

Wendt India, a joint venture between Murugappa Group and the Wendt Group, started in 1983. Wendt India is a leading producer of Diamond / CBN products in India, from its state-of-the-art production facility near Bangalore.

Wendt India offers a full range of wheels for various applications in Tool Making, Automotive Industry, Steel Plants, Glass Industry, Refractory Industry, Ceramic Industry and general tool rooms including specific solutions to customers needs.

Wendt India also offers complete customized solutions for customers' grinding and honing requirements. Design and manufacture of special wheels, dressing attachments, dressing rolls/tools and a full back-up service support makes WENDT INDIA a preferred Solution provider for its customers.

Wendt (India) manufactures world renowned range of Diamond / CBN grinding tools and machines for cutting tools and wire rod mills, as well as a comprehensive range of diamond / CBN products that cater to virtually every segment of the engineering industry.

Wendt provides grinding solutions to industries as diverse as automobile, ceramics, carbide HSS cutting tools, glass, refractories, machine tools, steel, watch, aerospace, engineering and many more. Wendt technological superiority comes from its international heritage and access to the latest technology.

Wendt is a group of companies whose center is the WENDT GmbH at Meerbusch, Germany. Added to other registered offices the plants Niederstetten and Jena are part of the WENDT GmbH.

Product range of the company includes:

  • Diamond / CBN products in India
  • Resin
  • Metal
  • Electroplated
  • Vitrified Bonded
  • Diamond
  • CBN-Tools
  • Diamond Dressers
  • Hones.

Achievements/  recognitionObtained ISO 9001 Certification from RWTUV

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