W.S. Industries (India) Ltd Stock Analysis

BSE: 504220 | NSE: WSI | Electric Equipment | Small Cap

BSE Share Price 09-Jun-2023 17:35
84.97 -2.03 (-2.33%)

DeciZen - Make an Informed Decision on W.S. Industries

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Undervalued

3. Price Trend

W.S. Industries Price Chart

P/E Ratio ( SA) :
122.04
Market Cap :
390.6 Cr.
52-wk low :
13.2
52-wk high :
93.9
Bole Toh?

1. Is W.S. Industries (India) Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that W.S. Industries (India) Ltd is a below average quality company.

2. Is W.S. Industries (India) Ltd undervalued or overvalued?

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

3. Is W.S. Industries (India) Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of W.S. Industries (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 W.S. Industries:

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.
W.S. Industries (India) 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

Sep'13Sep'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % -16.7%-23.3%-12%-17.7%-0.2%15.9%-146.7%-148.3%-36.2%-3.3%-
Value Creation Index -2.2NANANANA0.1NANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 13511419.94.449.557.132.11.70080
YoY Gr. Rt. %--15.7%-82.5%-77.9%1,022.7%15.3%-43.8%-94.9%-100%NA-
Adj EPS -32.3-45.8-43.5-18.3-1.415.1-85.4-23.1-2.5-1.50.7
YoY Gr. Rt. %-NANANANANA-665.3%NANANA-
BVPS (₹) 1.8-39.7-130.9-85.1-86.2-71-20.3-43.4-46.5-16.412.8
Adj Net Profit -68.3-96.7-91.9-38.6-2.931.9-224-60.6-6.6-3.83
Cash Flow from Ops. -81.847-49.9-45.8-11.6-62-12.1-7-16.1-
Debt/CF from Ops. -2.25.5-11.7-73.851-25.2-1.3-7.2-14.5-4.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%NA
Adj EPS NANANANA
BVPS -228.2000
Share Price 20.6% 65.8% 299.8% 574.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Sep'13Sep'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % -112.6-1225.1150.7492.9-36.6540.8144.48.68.4-38.9
Op. Profit Mgn % -26.1-39.9-193.1-565.416.570-641-3373.5000.2
Net Profit Mgn % -50.5-84.9-461.6-875.7-5.955.9-698.6-3672.7004
Debt to Equity 14.9-3.6-2.3-1.8-1.7-2.1-1.9-0.9-0.9-2.40.5
Working Cap Days 3466816,83715,6931,3941,0939894,06500179
Cash Conv. Cycle 1111631,9444,829-348-1,307-990-20000

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -100.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - W.S. Industries (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 0.7 4.4
TTM Sales (₹ Cr.) 79.7 79.7
BVPS (₹.) 12.8 12.8
Reserves (₹ Cr.) 12 12
P/BV 6.81 6.82
PE 122.04 19.89
From the Market
52 Week Low / High (₹) 13.23 / 93.89
All Time Low / High (₹) 0.58 / 170.00
Market Cap (₹ Cr.) 391
Equity (₹ Cr.) 44.9
Face Value (₹) 10
Industry PE 52.8

Management X-Ray of W.S. Industries :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *30.0030.0030.0030.0030.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of W.S. Industries

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

News

W.S. Industries (India) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of W.S. Industries on 09-Jun-2023 17:35 is : 84.97.
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 17:35 the market cap of W.S. Industries stood at ₹ 390.6.
The latest PE ratio of W.S. Industries as of 09-Jun-2023 17:35 is 122.0.
The latest PB ratio of W.S. Industries as of 09-Jun-2023 17:35 is 6.81
The 52-week high of W.S. Industries is ₹ 93.89 and the 52-week low is ₹ 13.23.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of W.S. Industries is ₹ 79.67 ( Cr.) .

About W.S. Industries (India) Ltd

WS Industries (WSI) was established in 1961 with a vision of creating an enduring benchmark in India for strategic excellence in electro-porcelains. The foundation of product and process technology from international leaders coupled with continuing emphasize on in-house development and adaptation to market requirements, helped WSI to introduce many new product styles for the domestic and export markets as well as improve manufacturing efficiency.

The company is the manufacturer of high voltage electro-porcelain transmission and sub-station insulators for the electrical transmission and distribution sector.

The company today has an installed capacity of 12,800 CMT on a built-up area of 67,237 square meters and manufactures all types of high voltage porcelain insulators. The plant is equipped with comprehensive facilities to ensure production consistency and flexibility. An integrated approach to quality management through comprehensive training at all levels supported by full-fledged test facilities ensures superior product performance and reliability.

All products of the company are rigorously tested to ensure compliance with not only all international standards but also stringent customer specific standards. This is supported by periodic testing at reputed international laboratories. Extensive usage of information technology for production planning, scheduling and control creates the ability to track each order through the production process, respond quickly to customer requirements and maintain minimum throughput time. WSI believes in serving global markets while retaining a strong domestic presence. Today, WSI products are in service in many countries in severe operating environments. WSI has put in place an extensive network of sales agents and distributors supplementing direct marketing efforts to provide comprehensive service to its customers.

In 2009 the Company's new unit was established at APSEZ, Duppituru Village,Visakhapatnam.

Product range of the company includes:

  • Suspension Insulators- WSI manufactures suspension insulators of Normal, Fog and Aerofoil types from 45KN to 320KN for AC applications and 210KN discs for DC applications. These insulators comply with IEC standards and ANSI standards
  • Pin insulators - Pin insulators from 11kV to 44kV are in the regular line of manufacture. These insulators can be supplied with Radio Interference Protection (RIV) glaze at customers’ request.
  • Solidcore Insulators- Solidcore insulators from 11kV to 420kV are manufactured at WSI. The cantilever strength ranges from 2KN to 20KN and the specific creepage from 16mm/kV to 40mm/kV. Apart from IEC designs WSI also manufactures insulators according to ANSI standards
  • Hollow Insulators- Hollow porcelain insulators for various applications ranging from transformer bushings to SF6 breakers from voltage range 11kV to 500kV are manufactured at WSI.

Achievements/  recognition:

  • Certified for compliance to ISO 9001 (achieved in 1991)
  • Since its inception WSI has won numerous awards for its export performance from the Government of India.
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login | Register Now