Is Wendt (India) a good quality company?

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

Is Wendt (India) 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 .

What is Wendt (India) share price return in the past 10 years?

Wendt (India) Ltd share price has appreciated 26.8% annually (CAGR) over the past ten years.

Is Wendt (India) 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

Wendt (India) Ltd - Stock Valuation and Financial Performance

Name: Wendt (India)
Brand: Wendt (India)

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

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Wendt India Share Price

₹12,932.20 281.15 2.22%
as on 25-Apr'24 14:19

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

Standalone Basis ^P Consolidated Basis ^P

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	14.4%	17.3%	10.9%	11.8%	11.4%	12.1%	7.1%	10.5%	19.3%	24.8%	-
Value Creation Index ⓘ	0.0	0.2	-0.2	-0.2	-0.2	-0.1	-0.5	-0.3	0.4	0.8	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	95.7	107	118	130	129	143	123	121	160	194	195
Sales YoY Gr.	-	11.8%	10.5%	9.6%	-0.1%	10.4%	-13.7%	-2.1%	32.6%	21.2%	-
Adj EPS ⓘ	55.5	73	49.3	56.7	57.3	66.2	38.7	62.7	129.4	193.7	194.3
YoY Gr.	-	31.6%	-32.5%	15%	1.2%	15.4%	-41.6%	62.1%	106.5%	49.7%	-
BVPS (₹) ⓘ	411.6	449.5	487.2	512.2	545.4	573.1	598.3	627.9	720.7	846.6	926.2
Adj Net Profit ⓘ	11.1	14.6	9.9	11.3	11.5	13.2	7.7	12.5	25.9	38.7	39
Cash Flow from Ops. ⓘ	13.5	13.6	9.4	16.4	20.9	29.1	10	5.6	34.2	31.3	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0.2	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	8.2%	8.4%	16.3%	21.2%
Adj EPS ⓘ	14.9%	27.6%	71.1%	49.7%
BVPSⓘ	8.3%	9.2%	12.3%	17.5%
Share Price	26.8%	34.4%	56.3%	42.9%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	14	17	10.5	11.3	10.8	11.8	6.6	10.2	19.2	24.7	21.9
Op. Profit Mgn % ⓘ	17.3	18	16	17.1	17.9	17.6	11.6	16.1	24.1	27.9	27.2
Net Profit Mgn % ⓘ	11.6	13.7	8.3	8.8	8.9	9.3	6.3	10.4	16.2	20	19.9
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	-
Working Cap Days ⓘ	329	313	229	145	161	156	182	200	156	139	134
Cash Conv. Cycle ⓘ	48	48	55	68	85	66	73	82	65	61	101

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 21.90%

Sales growth is growing at healthy rate in last 3 years 16.30%

Net Profit is growing at healthy rate in last 3 years 71.11%

Sales growth is not so good in last 4 quarters at 8.05%

Latest Financials - Wendt (India) Ltd.

	Standalone	Consolidated
TTM EPS (₹)	194.3	201.8
TTM Sales (₹ Cr.)	195	213
BVPS (₹.) ⓘ	926.2	1,025.3
Reserves (₹ Cr.) ⓘ	183	203
P/BV ⓘ	13.66	12.34
PE ⓘ	65.11	62.69

From the Market
52 Week Low / High (₹)	8237.40 / 15900.00
All Time Low / High (₹)	12.50 / 15900.00
Market Cap (₹ Cr.)	2,530
Equity (₹ Cr.)	2
Face Value (₹)	10
Industry PE ⓘ	64.7

Management X-Ray of Wendt India:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Wendt India

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Wendt India

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	96	107	118	129	129	143	123	121	160	194
Operating Expenses ⓘ	79	88	99	107	106	118	109	102	122	140
Manufacturing Costs	15	18	19	21	19	25	21	16	24	28
Material Costs	35	35	40	43	41	43	38	42	50	60
Employee Cost	18	18	21	24	26	29	31	29	31	34
Other Costs ⓘ	12	16	20	19	20	21	19	15	17	19
Operating Profit ⓘ	16	19	19	22	23	25	14	19	38	54
Operating Profit Margin (%)	17.1%	18.0%	16.0%	17.1%	17.9%	17.5%	11.4%	15.8%	24.0%	27.8%
Other Income ⓘ	5	7	5	4	4	4	8	7	6	7
Interest ⓘ	0	0	1	1	1	0	1	1	1	0
Depreciation ⓘ	5	8	8	10	10	10	9	8	8	8
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	1	0
Profit Before Tax ⓘ	16	18	15	16	17	19	12	17	36	52
Tax ⓘ	5	3	5	4	4	6	3	4	9	12
Profit After Tax	12	15	10	12	12	13	9	13	27	40
PAT Margin (%)	12.4%	13.9%	8.8%	9.0%	9.5%	9.4%	7.6%	10.7%	16.9%	20.7%
Adjusted EPS (₹)	59.3	74.2	52.1	58.5	61.5	67.3	46.7	64.6	135.5	200.6
Dividend Payout Ratio (%)	42%	34%	48%	43%	41%	45%	54%	46%	48%	40%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	82	90	97	102	109	115	120	126	144	169
Share Capital ⓘ	2	2	2	2	2	2	2	2	2	2
Reserves ⓘ	80	88	95	100	107	113	118	124	142	167
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	0	0	0	0	0	0	0	1	1	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	1	1	0
Trade Payables	16	15	18	12	17	23	20	22	22	22
Others Liabilities ⓘ	69	73	16	19	19	25	23	15	17	16
Total Liabilities ⓘ	167	179	132	134	146	163	163	164	184	208
Fixed Assets
Gross Block	83	94	102	114	118	124	132	142	148	158
Accumulated Depreciation	30	40	47	55	64	72	81	88	96	103
Net Fixed Assetsⓘ	52	54	55	59	54	52	51	54	52	55
CWIP ⓘ	3	2	6	2	2	5	4	1	1	2
Investmentsⓘ	17	19	14	15	22	36	35	37	62	68
Inventories	16	16	18	18	19	23	26	22	26	32
Trade Receivables	20	21	29	29	34	27	23	33	33	38
Cash Equivalents	1	1	1	3	6	10	10	2	2	2
Others Assetsⓘ	59	66	10	8	8	11	13	14	8	12
Total Assets ⓘ	167	179	132	134	146	163	163	164	184	208

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	13	14	9	16	21	29	10	6	34	31
PBT ⓘ	16	18	15	16	17	19	12	17	36	52
Adjustment ⓘ	1	3	5	7	8	7	4	4	4	4
Changes in Working Capital ⓘ	-0	-4	-6	-3	1	11	-2	-11	2	-15
Tax Paid ⓘ	-4	-2	-4	-3	-4	-9	-4	-4	-8	-10
Cash Flow From Investing Activity ⓘ	-8	-8	-4	-11	-12	-21	-8	1	-26	-16
Capex	-10	-12	-13	-10	-5	-8	-12	-10	-5	-10
Net Investments	-1	-2	5	-1	-9	-16	2	1	-25	-3
Others ⓘ	3	6	3	1	3	3	2	10	4	-3
Cash Flow From Financing Activityⓘ	-6	-6	-6	-6	-6	-7	-3	-6	-8	-16
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Dividend Paid ⓘ	-6	-6	-6	-6	-6	-7	-3	-7	-8	-15
Others ⓘ	0	0	0	0	0	0	0	1	0	-1
Net Cash Flow ⓘ	0	0	-1	-1	3	1	-1	0	0	-1

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	14.97	17.24	11.11	11.7	11.63	12.04	7.97	10.53	20.09	25.59
ROCE (%)	21.21	20.95	16.56	16.41	16.43	17.37	10.86	13.93	27.02	33.66
Asset Turnover Ratio	0.64	0.67	0.82	1.06	0.94	0.92	0.76	0.74	0.92	0.99
PAT to CFO Conversion(x)	1.08	0.93	0.9	1.33	1.75	2.23	1.11	0.46	1.26	0.78
Working Capital Days
Receivable Days	69	65	72	75	87	78	75	85	75	66
Inventory Days	52	51	49	47	52	53	72	73	55	54
Payable Days	158	162	156	129	133	173	208	185	158	133

Wendt (India) Ltd Stock News

Wendt (India) Ltd FAQs

What is the share price of Wendt India?

Company share prices are keep on changing according to the market conditions. The closing price of Wendt India on 25-Apr-2024 14:19 is ₹12,932.2.

What is the market cap of Wendt India?

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 25-Apr-2024 14:19 the market cap of Wendt India stood at ₹2,530.2.

What is the P/E ratio of Wendt India?

The latest P/E ratio of Wendt India as of 25-Apr-2024 14:19 is 65.11.

What is the P/B ratio of Wendt India?

The latest P/B ratio of Wendt India as of 25-Apr-2024 14:19 is 13.66.

What is the 52-week high and low of Wendt India?

The 52-week high of Wendt India is ₹15,900 and the 52-week low is ₹8,237.4.

What is the TTM revenue of Wendt India?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Wendt India is ₹195.2 ( 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: