Western India Shipyard Ltd - Stock Valuation and Financial Performance

BSE: 531217 | NSE: | Ship Building | Small Cap

BSE Share Price
Not Listed

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Western India Shipyard stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
34.1 Cr.
52-wk low:
0.9
52-wk high:
0.9

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

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10 Year X-Ray of WI Shipyard:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16TTM
ROCE % -6.7%-9.9%-3%37.8%14.7%10.8%-2.2%-13.4%-28.6%-55.2%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 6335.56365.794.71427339.128.27.17
Sales YoY Gr.--43.6%77.3%4.2%44.2%49.7%-48.5%-46.4%-27.9%-75%-
Adj EPS -1.9-2.6-1.81.70.50.4-0.5-0.9-1.2-1.3-1
YoY Gr.-NANANA-68.1%-20.4%-207%NANANA-
BVPS (₹) -9.2-11.8-12.3-00.40.80.5-0.5-1.8-3.2-1.9
Adj Net
Profit
-20.8-28.7-21.349.915.812.6-13.4-26.6-34.8-39.4-39
Cash Flow from Ops. -0.2-11.5-4.9-14.313.84847.319.1-35.38.6-
Debt/CF from Ops. -1214.6-22.5-56.2-1111.74.13.77.4-3.715.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -21.6%-40.5%-54.1%-75%
Adj EPS NA-219.9%NANA
BVPSNA-252.7%-289.9%NA
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16TTM
Return on
Equity %
20.525.315.7-69.4294.173-72.8-28804.7104.55440.2
Op. Profit
Mgn %
5.9-9.212.222.138.523.110.1-28.9-72.6-221-241.5
Net Profit
Mgn %
-33-80.7-33.875.916.78.9-18.4-68-123.3-558-559.3
Debt to
Equity
-2.5-2-1.9-211.314.58.412.8-10.6-2.5-1.4-
Working Cap
Days
2945303605044764488861,2721,7165,5292,038
Cash Conv.
Cycle
1362311461441021452702167223,621-1,266

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

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

Latest Financials - Western India Shipyard Ltd.

Standalone Consolidated
TTM EPS (₹) -1 -
TTM Sales (₹ Cr.) 7.1 -
BVPS (₹.) -1.9 -
Reserves (₹ Cr.) -152 -
P/BV -0.46 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 0.85 / 0.88
All Time Low / High (₹) 0.20 / 51.05
Market Cap (₹ Cr.) 34.1
Equity (₹ Cr.) 77.4
Face Value (₹) 2
Industry PE 37

Management X-Ray of WI Shipyard:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *97.3097.2997.2997.2697.1196.9596.9596.9596.9593.78
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of WI Shipyard

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Sales62.9635.5363.0165.6894.72141.7672.9639.1428.247.06
Operating Expenses 59.2438.8755.5551.2458.89109.6365.5750.6848.7422.69
Manufacturing Costs23.3622.2028.6822.6328.9785.0139.5920.9522.142.70
Material Costs19.250.356.07-6.37-0.0200000
Employee Cost 5.588.048.8910.0113.5813.6214.8213.6812.5910.37
Other Costs 11.058.2811.9124.9716.3610.9911.1616.0514.019.62
Operating Profit 3.72-3.347.4714.4435.8332.137.39-11.54-20.50-15.63
Operating Profit Margin (%) 5.9%-9.4%11.8%22.0%37.8%22.7%10.1%-29.5%-72.6%-221.0%
Other Income 1.746.726.6652.962.252.655.576.045.860.27
Interest 15.5521.2824.786.9211.9512.0212.697.817.8810.97
Depreciation 10.6010.7510.6910.7010.7810.4713.1513.1512.2613.08
Exceptional Items 0000000000
Profit Before Tax -20.68-28.65-21.3549.7815.3412.29-12.88-26.45-34.78-39.41
Tax 0.080.080.09000.070.100.32-0.120
Profit After Tax -20.76-28.73-21.4449.7815.3412.22-12.98-26.77-34.66-39.41
PAT Margin (%) -33.0%-80.8%-34.0%75.8%16.2%8.6%-17.8%-68.4%-122.0%-558.0%
Adjusted EPS (₹)-1.9-2.7-1.81.70.50.4-0.4-0.9-1.2-1.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16

Equity and Liabilities

Shareholders Fund -99.04-127.33-143.19-0.4111.1423.3613.54-13.36-53.26-92.67
Share Capital 108.5421.7123.4258.9358.9358.9358.9358.9358.9358.93
Reserves -207.58-149.04-166.61-59.34-47.79-35.57-45.39-72.29-112.18-151.60
Minority Interest0000000000
Debt245.44259.24276.04156.97148.33167.85130.17125.54122.88122.51
Long Term Debt245.44259.24276.04156.97148.33139.84104.27102.5294.7796.15
Short Term Debt0000028.0225.9023.0228.1126.36
Trade Payables17.2215.7123.7621.8124.4326.4621.0326.1435.2628.60
Others Liabilities 7.4111.9412.2618.6536.8075.9061.8160.5892.3463.27
Total Liabilities 171.03159.57168.86197.02220.69293.57226.55198.89197.22121.71

Fixed Assets

Gross Block214.93214.45214.97215.45216.65228.23228.55228.60229.10226.80
Accumulated Depreciation100.59110.67121.34131.28142.03151.09164.22177.36194.85205.72
Net Fixed Assets114.34103.7893.6384.1774.6277.1464.3451.2334.2421.08
CWIP 00005.736.5815.8619.6823.0823.30
Investments 0.050.050.050.050.050.050.050.050.050.05
Inventories5.5310.0516.5827.2245.2696.698.1115.054.534.12
Trade Receivables31.1725.7341.7533.4725.1911.0642.0819.16108.8839.31
Cash Equivalents 3.504.690.964.811.061.180.570.851.371.91
Others Assets16.4515.2615.8947.2868.78100.8795.5392.8725.0731.94
Total Assets 171.03159.57168.86197.02220.69293.57226.55198.89197.22121.71

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Cash Flow From Operating Activity -0.20-11.52-4.91-14.3013.8148.0447.2519.13-35.258.61
PBT -16.17-34.61-25.381.3816.469.73-12.76-26.58-34.66-39.41
Adjustment 21.3438.3635.4513.7221.5424.4428.6620.8219.6922.34
Changes in Working Capital -5.31-15.15-14.89-29.4-24.1913.8731.5524.89-20.2725.68
Tax Paid -0.07-0.12-0.09000-0.20000
Cash Flow From Investing Activity -2.23-0.26-0.53-1.12-6.91-13.87-9.60-3.84-3.81-0.04
Capex -2.23-0.27-0.55-1.21-1.30-13.05-0.34-0.06-0.500.08
Net Investments 0000000000
Others 000.020.09-5.62-0.82-9.26-3.78-3.31-0.12
Cash Flow From Financing Activity 4.8812.971.7019.28-10.65-34.05-38.27-15.0139.58-8.02
Net Proceeds from Shares 005.5835.51000000
Net Proceeds from Borrowing 7.4213.81-3.0100-5.45-35.26-7.2946.021.43
Interest Paid -1.92-0.83-0.87-6.26-11.17-10.48-10.83-7.72-6.45-9.45
Dividend Paid 0000000000
Others -0.6300-9.980.52-18.127.81000
Net Cash Flow 2.451.19-3.743.86-3.750.13-0.610.280.520.54
PARTICULARSMar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Ratios
ROE (%)N/AN/AN/AN/A295.2670.87-70.35N/AN/AN/A
ROCE (%)N/AN/AN/AN/A16.6112.44-0.09N/AN/AN/A
Asset Turnover Ratio0.370.210.380.360.450.550.280.180.140.04
PAT to CFO Conversion(x)N/AN/AN/A-0.290.93.93N/AN/AN/AN/A
Working Capital Days
Receivable Days167292195209113471332868283,831
Inventory Days608077122140183262108127223
Payable Days28001,188-1,305000000

Western India Shipyard Ltd Stock News

Western India Shipyard Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of WI Shipyard on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of WI Shipyard stood at ₹34.07.
The latest P/E ratio of WI Shipyard as of 01-Jan-1970 05:30 is 0.00.
The latest P/B ratio of WI Shipyard as of 01-Jan-1970 05:30 is -0.46.
The 52-week high of WI Shipyard is ₹0.88 and the 52-week low is ₹0.85.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of WI Shipyard is ₹7.06 ( Cr.) .

About Western India Shipyard Ltd

Western India Shipyard (WISL) is India’s largest composite ship & rig repair facility in the private sector is one of the world’s advanced multi-dimensional and multi-purpose yard offering modern, streamlined, sophisticated ship & rig repair facilities and services. WISL’s state-of-the-art Floating Dry Dock has a capacity to repair ships up to 60,000 dwt and to accommodate ships up to 225m length and 32.5m in breadth.

The yard has been designed and established in collaboration with world leaders in ship repairs. Functionally laid out and built around the gravity centre concept, the yard is 90% covered by lift and carry facilities. WISL is strategically located at Goa along the west coast of India at 15° 25' North and 73° 47' East and is geographically best positioned to offer a complete range of ship repair services.

WISL has a quality system structured to the specifications of ISO 9001:2000. It believes in customer satisfaction through Price control, Quality standards & Timely delivery of jobs.

The yard has the necessary infrastructure and facility to repair vessels upto 60,000 DWT and repair oil exploration RIGS upto 60 m x 80 m platforms.

Products and services offered by the company:

SHIP SERVICES 

  • Routine maintenance and damage repairs. Cargo hold/tank space blasting and coating. Main engine Overhauls.
  • Rudder, propeller (CPPs) and tailshaft repairs. Cargo gear overhaul and repairs.
  • Heating coil hydro test and electric works
  • Hatch cover modifications and container cell guide conversions.
  • Auxiliary machinery overhauls.
  • Major conversion and modifications.
  • Dredge systems and equipments.
  • Chemical & gas piping.
  • V/V equipments.
  • Control Systems
  • Propulsion units, thrusters, nozzle 

CONVERSION WORKS 

  • Equipment installation
  • Jumboization
  • Alteration of type of classification and re-engineering

RIG SERVICES

  • Spud can repairs
  • Steel renewal
  • Pipe renewal
  • Surface preparation and painting
  • Import of spares
  • Accomodation refurbishment
  • Electrical-Overhauling of gensets,motors,recabling
  • Air conditioning
  • Power Upgradation
  • Crane repairs.

Achievements/  recognition:

ISO 9001:2000

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