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BWL Ltd Stock Analysis

Small Cap
Evaluated by 9 users | BSE: 504643 | NSE: |
Steel & Iron Products
BWL Ltd, incorporated as a public limited company on June 22, 1971, manufactures a wide range of high-carbon, mild steel and special wires and strands. Earlier known as Bhilai Wires, it got its present name on March 30, 1996.The steel wire division of the company is located in the Bhilai...

Analysis of Financial Track Record

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.
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 29.71%9.1%-4.06%-4.22%-5.98%-7%-12.21%-22.29%14.52%-23.36%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 0000000000
Y-o-Y Gr. Rt.-NANANANANANANANANA
Adjusted EPS (Rs.) 1.680.61-0.28-0.29-0.38-0.42-0.68-1.090.73-1.11
Y-o-Y Gr. Rt.--63.7%-145.9%NANANANANANA-252.1%
Book Value per Share (Rs.) -6.31-5.68-5.97-6.25-6.8-7.22-7.94-9.03-8.33-9.44
Adjusted Net Profit 1.20.4-0.2-0.2-0.3-0.3-0.5-0.80.5-0.8
Net Op. Cash Flow (Rs. Cr.) -0.3-0.7-0.5-0.5-0.4-0.5-0.7-0.90-0.9
Debt to Cash Flow from Ops -23.04-9.53-13.84-12.94-16.13-14.16-14.39-10.68-1,864.5-9.82
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
BWL Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales NANANANA
Adjusted EPS -195.5%NANA-252.1%
Book Value per Share 0000
Share Price - - - -
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) -44.18-23.0911.4310.5512.0611.4111.6312.92-8.4312.52
Operating Profit Margin (%) 0000000000
Net Profit Margin (%) 0000000000
Debt to Equity -3.24-3.91-3.73-3.29-2.79-2.49-1.69-1.48-1.69-1.4
Working Capital Days 0000000000
Cash Conversion Cycle 0000000000
Entity Percentage Holding
Promoters 43.17%
Institutions 3.94%
Non-Institutions 52.88%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

Data is not available for this company.

Data is not available for this company

BWL Ltd, incorporated as a public limited company on June 22, 1971, manufactures a wide range of high-carbon, mild steel and special wires and strands. Earlier known as Bhilai Wires, it got its present name on March 30, 1996.

The steel wire division of the company is located in the Bhilai district of Chhattisgarh with an installed capacity of 24,000 MTPA steel wires. The company is under the perusal of the Board of Industrial and Financial Reconstruction (BIFR)

BWL Ltd, incorporated as a public limited company on June 22, 1971, manufactures a wide range of high-carbon, mild steel and special wires and strands. Earlier known as Bhilai Wires, it got its present name on March 30, 1996.

The steel wire division of the company is located in the Bhilai district of Chhattisgarh with an installed capacity of 24,000 MTPA steel wires. The company is under the perusal of the Board of Industrial and Financial Reconstruction (BIFR) as a sick industrial unit.

The registered office is located at Industrial Estate, Bhilai-490026, Chattisgarh.

Milestones

1971

  • The company was incorporated as a Public Limited company on the 22nd June, and obtained the Certificate for commencement of business on the 1st November, from the Registrar of companies, Madhya Pradesh at Gwalior.
  • The company has been promoted by H.P.Khetawat. Bhilai Wires Limited is an existing, profit making, dividend-paying listed company presently engaged in the manufacture of a wide variety of high carbon wires, mild steel wires, special wires and strands with an installed capacity of 24,000 tpa.
  • The company proposes to set up a project for the manufacture of Optic Fibre Cables (OFC) with an installed capacity of 4,000 Cable Kms at Shogi Industrial Area, Shogi (Shimla), Himachal Pradesh.

1992

  • To improve production and profitability company has taken up further expansion and modernization of the Mill and proposes to come out with a right issue to finance this expansion-cum-modernization which will improve profitability of your company.
  • New product like Patent Galvanised Wires for fishing net Wire and extra Fine G.I. Wires has been manufactured.

1993

  • The Directors proposed for a right issue of equity shares at a premium of Rs.5 in the ratio of 1:1.

1995

  • The company successfully completed the Rights-cum-Public Issue of 23,49,450 Nos of 16% Unsecured Fully Convertible Debentures aggregating to Rs. 1175.02 Lacs to part finance of Optical Fibre Cable Project (OFCD) undertaken by the company.

1996

  • Consequent on the issue of a fresh certificate of incorporation by the Registrar of Companies, M.P, name of the company has been changed from Bhilai Wires Limited to BWL Limited with effect from 10.05.1996.
  • During the year 2339255 Equity shares of Rs. 10 each fully paid-up were allotted consequent to conversion of Part-A of Rs. 15 each at premium of Rs. 5 per share and 2339255 Zero Dividend Redeemable Preference Shares of Rs. 10 each fully paid up have been allotted consequent to conversion of Part-B of Rs. 10 each.
  • H P Khetawat, Chairman & Managing Director of the company has been re-appointed as Chairman and Managing Director of the company for a further period of 5 years w.e.f. April 01, 1996 with enhanced remuneration.
  • Sunil Khetawat has been re-appointed as the Managing Director of the company for a period of 5 years w.e.f. April 01, 1996.

1997

  • During the year 9695 FCDs were forfeited for non-payment of allotment money inspite of reminders and full conversion of 23,40,355 FCDs (Part-C) of Rs. 25 each was effected on 19.04.96. The paid-up Capital at the end of the year stood at Rs. 9,32,27,588 comprising of 69,79,610 fully paid Equity Shares of Rs. 10 each and 23,40,355 fully paid zero Dividend Redeemable Preference Shares of Rs. 10- each.
  • P.B. Menon, Senior Advocate, Supreme Court of India was appointed as a Director at the 25th annual general meeting held on September 25, 1996.
  • During the year company has planted 200 No. of sapling & Neem trees to diffuse the impact of hazardous and obnoxious gases on environment.
  • The company has developed through their in house research and development the design and manufacturing of non-metalic Aerial Optical Fibre Cable which is laid on the Poles.

1998

  • In current year the DOT has introduced Vendor Rating System (VRS) in which though the company has participated in Tenders but has to file writ petition in the High Court of Delhi for restraining the DOT either from VRS or issue orders to all the eligible bidders in the inverse ratio which is pending in the Court for orders.
  • The company has taken adequate steps for waste water treatment and the company has planted sufficient number of Babul, Neem and sapling plant to mitigate air pollution.

1999

  • The Steel Wire Division obtained the IS/ISO 9002 certificate issued by Bureau of Indian Standards.

2000

  • Due to labour unrest in the company's factory since August 29, (from B Shift), the production is totally stopped.
  • During the year under review the Department of Telecommunication has decentralized the purchase of GI Wire and PVC Insulated GI Wires resulting which the Company has to face stiff competition with the local SSI Units those who are having various advantages.

 

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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