Welspun Enterprises Ltd Stock Analysis

BSE: 532553 | NSE: WELENT | Construction - Real Estate | Small Cap

BSE Share Price Jan 18, 18:01
100.80 -0.60 (-0.59%)

DeciZen - Make an Informed Decision on Welspun Enterprises

Overall Rating

1. Quality

2. Valuation

Fair
P/E P/S EV/EBITDA

3. Price Trend

10 Year X-Ray of Welspun Enterprises:

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

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 2.6%2.9%-5.3%5.8%2.8%0.6%4.8%8.7%8.3%5.8%-
Value Creation Index -0.8-0.8-1.4-0.6-0.8-1.0-0.7-0.4-0.4-0.6-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 3003802071851862929971,7391,7601,4101,536
YoY Gr. Rt. %-26.9%-45.6%-10.4%0.5%56.6%241.9%74.4%1.2%-19.9%-
Adj EPS 0.41.2-10.132.10.24.499.56.67
YoY Gr. Rt. %-213.2%-946.2%NA-31.6%-91.3%2344.4%103.4%5.8%-30.5%-
BVPS (₹) 119.9121.3106.785.684.891.798.2106.9115.5120.9123.1
Adj Net Profit 1.54.8-40.352.235.92.764.913314197.9104
Cash Flow from Ops. -50.5185-37.7-33.8-3.6133-0.8-61.9104337-
Debt/CF from Ops. -3.60.9-3-2.7-19.60.6-80.9-2.831.8-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 18.8%49.9%12.2%-19.9%
Adj EPS 37.3%26.2%14.4%-30.5%
BVPS 0.17.37.24.6
Share Price 10.9% 10.5% -2.3% 23%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 0.31-8.85.52.40.24.68.78.45.55.7
Op. Profit Mgn % 3.818.4-22.6-30.3-38-10.37.110.511.71211.2
Net Profit Mgn % 0.51.3-19.528.219.30.96.57.686.96.8
Debt to Equity 0.40.40.30.10.10.10.10.10.20.30.3
Working Cap Days 325263405450425250132180238332474
Cash Conv. Cycle 176914416622-30-45-30-15167

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 12.24%

Net Profit is growing at healthy rate in last 3 years 14.36%

Sales growth is good in last 4 quarters at 19.80%

Return on Equity has declined versus last 3 years average to 5.70%

Latest Financials - Welspun Enterprises Ltd.

Standalone Consolidated
TTM EPS (₹) 7 8.5
TTM Sales (₹ Cr.) 1,536 1,667
BVPS (₹.) 123.1 114.9
Reserves (₹ Cr.) 1,685 1,564
P/BV 0.82 0.87
PE 14.45 11.83
From the Market
52 Week Low / High (₹) 74.70 / 134.90
All Time Low / High (₹) 7.81 / 202.85
Market Cap (₹ Cr.) 1,502
Equity (₹ Cr.) 149
Face Value (₹) 10
Industry PE 60.6

Management X-Ray of Welspun Enterprises :

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

Analyst's Notes

News

About Welspun Enterprises Ltd

MSK Projects (India) incorporated on December 20, 1994, had started construction business in the year 1976 in the name of M S Khurana, a partnership firm.

The firm was registered as a public limited company in the name of MSK Projects (India) under section 566 of the Companies Act, 1956. The company has got certificate of commencement of business on January 27, 1995. The company entered in the field of industrial construction with prime motive of servicing reputed clients. The firm has gained various types of works such as mass housing & township, multi-storied buildings. Industrial projects for coal mines, fertilizer plants, petrochemicals, water retaining structures, and have successfully & timely executed them.

The company has been promoted by Ashok Khurana, a commerce graduate who has more than 30 years of vast experience in the field of construction. He is Managing Director of the company since January, 1995 and the main guiding force of the company. He has executed various types of projects such as mass housing & townships, multi-storied buildings, Industrial Projects for coal mines and fertilizers, overhead and underground water tanks, water retaining structures, flyover bridges etc. 

On going projects of the company

Industrial

  • Civil & Structural works for pipeline terminals for Vadinar Bina pipeline of Bina refinery Project of Bharat Oman refineries
  • Civil & Structural works for control room, substation, fire station, reservoir and pump houses, pipe sleepers, road Ph-II and associated electrical works etc. at crude oil terminal - Vadinar (Gujarat) for Bina refinery project
  • Civil, structural and underground services for coke drum system package (CDSP) for Bina refinery project
  • Civil, structural and underground services for Hydrogen Generation Unit (HGU) for Bina refinery project at Bina for BORL
  • Site Grading, peripheral / main road & drain, compound wall, security gate house and watch tower for rude Oil Terminal (COT) at Mundra
  • Civil and Structural works for all sub station and satellite rack room buildings at Bathinda (Punjab)
  • Non plant buildings (EPCC-12A package) for Panipat Naphatha Cracker Project of IOCL

Road

  • Development of Kim Mandvi road project on BOT Basis
  • Construction of inter-connecting flyover from Panipat Naphtha cracker project to existing Panipat refinery
  • Development of Bhopal & Dewas section including existing bypasses of Bhopal Dewas from 6/800 Km to 151/600 Km on SH-18 to four lane section in the State of Madhya Pradesh on BOT basis in joint venture with Chetak Enterprises & BSBK
  • Procurement of civil work under MPSRSP-II, package-7 Khandwa-Khargone (SH-26) road project (ADB Project)

Bus Terminal

  • Up-gradation, operation & maintenance of Ludhiana bus terminal on BOT Basis
  • Development of Jalandhar bus terminal on BOT basis

Water Supply

  • Dewas industrial water supply project on BOT basis
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