Welterman International Ltd - Stock Valuation and Financial Performance

BSE: 526431 | NSE: | Leather | Small Cap

Welterman Intl. Share Price

16.89 0.01 0.06%
as on 25-Apr'24 16:01

DeciZen - make an informed investing decision on Welterman Intl.

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Welterman International stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
7.5 Cr.
52-wk low:
9.2
52-wk high:
19.7

Is Welterman International Ltd an attractive stock to invest in?

1. Is Welterman International Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Welterman International Ltd is a below average quality company.

2. Is Welterman International Ltd undervalued or overvalued?

The key valuation ratios of Welterman International Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Welterman International Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Welterman International Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Welterman Intl.:

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.
Welterman International 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

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 25.9%-41.9%-190.3%113.4%-39,316.7%27.1%8.2%0.8%-43.2%3.3%-
Value Creation
Index
0.9NANANANA0.9-0.4-0.9-4.1NA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 34.218.52.70.10.95.92.11.92.50.60
Sales YoY Gr.--46%-85.6%-97.8%1,366.7%575%-64.8%-10.5%33.2%-75.9%-
Adj EPS 1.9-2.7-4.9-2.5-3.91.40.601.4-0.2-0
YoY Gr.--244.2%NANANANA-58.7%-94.7%4466.7%-115.3%-
BVPS (₹) -16.8-22.6-27.9-30.6-32.1-29.4-29.4-29.8-26.6-27.2-27.4
Adj Net
Profit
0.8-1.2-2.2-1.1-1.70.60.300.6-0.10
Cash Flow from Ops. -0.3-0.9-2.22.7-5.1-0.6-0.93.60.7-0.2-
Debt/CF from Ops. -35.1-14.3-5.74-3.2-27.2-19.63.613.5-54.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -36.2%-7.4%-34%-75.9%
Adj EPS -178.3%NA-171.7%-115.3%
BVPSNANANANA
Share Price 3.5% 32.6% 84.3% 70.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-10.81419.48.812.7-4.5-1.9-0.1-4.90.80.2
Op. Profit
Mgn %
2.5-3.6-12.9-2310.3-134.25.720.115.817.9-30.4NAN
Net Profit
Mgn %
2.5-6.6-80.9-1820.1-195.710.312.10.724.5-15.8-INF
Debt to
Equity
-1.5-1.2-1-0.8-1.1-1.2-1.3-1-0.8-0.8-
Working Cap
Days
5711961617,8218221536975861874180
Cash Conv.
Cycle
-18-72-422,372-1,112-168-498-607-737-1,9430

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 0.10%

Sales growth has been subdued in last 3 years -34.03%

Sales growth is not so good in last 4 quarters at -75.00%

Latest Financials - Welterman International Ltd.

Standalone Consolidated
TTM EPS (₹) -0 -
TTM Sales (₹ Cr.) 0 -
BVPS (₹.) -27.4 -
Reserves (₹ Cr.) -17 -
P/BV -0.62 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 9.17 / 19.72
All Time Low / High (₹) 0.50 / 91.85
Market Cap (₹ Cr.) 7.5
Equity (₹ Cr.) 4.4
Face Value (₹) 10
Industry PE 36.3

Management X-Ray of Welterman Intl.:

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

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Analyst's Notes

Key Ratios of Welterman Intl.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales34.2018.482.670.060.885.942.091.872.490.60
Operating Expenses 33.3619.143.021.472.075.822.021.862.151.08
Manufacturing Costs0.740.260.120.060.240.100000
Material Costs31.6818.0521.170.464.951.421.281.640.60
Employee Cost 0.280.170.240.120.130.240.150.190.100.09
Other Costs 0.650.660.660.111.240.530.450.390.400.40
Operating Profit 0.85-0.66-0.35-1.41-1.200.120.070.020.34-0.48
Operating Profit Margin (%) 2.5%-3.6%-12.9%-2,310.3%-136.0%2.0%3.1%0.8%13.7%-78.8%
Other Income 0.140.060.290.010.251.240.1001.310.24
Interest 00000.8400000
Depreciation 0.150.040.040.050.130.160.160.200.210.06
Exceptional Items 0-1.95-0.481.140.6300000
Profit Before Tax 0.83-2.58-0.58-0.31-1.291.200.01-0.181.44-0.30
Tax 001.920000000
Profit After Tax 0.83-2.58-2.50-0.31-1.291.200.01-0.181.44-0.30
PAT Margin (%) 2.4%-14.0%-93.5%-507.0%-147.0%20.2%0.2%-9.8%57.9%-49.7%
Adjusted EPS (₹)1.9-5.9-5.6-0.7-2.92.70.0-0.43.2-0.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund -7.37-9.95-12.41-12.72-14.25-13.05-13.05-13.23-11.79-12.09
Share Capital 4.404.404.444.444.444.444.444.444.444.44
Reserves -11.77-14.35-16.85-17.16-18.70-17.49-17.49-17.67-16.23-16.53
Minority Interest0000000000
Debt10.8512.2712.3610.8116.1715.6616.6613.149.069.17
Long Term Debt10.8512.1110.8610.8116.1715.6616.6613.149.069.17
Short Term Debt00.151.500000000
Trade Payables8.373.052.156.432.253.123.693.764.143.82
Others Liabilities -1.562.013.210.320.370.150.040.020.631.01
Total Liabilities 10.297.385.314.844.545.887.343.692.051.91

Fixed Assets

Gross Block4.251.401.671.673.393.813.944.011.891.89
Accumulated Depreciation3.580.840.880.931.061.221.381.581.171.23
Net Fixed Assets0.670.560.790.742.332.602.562.420.720.66
CWIP 2.01000.29000000
Investments 0.770.770.290.290.2900000
Inventories4.680.821.170.060.360.36000.010
Trade Receivables0.181.091.350002.1400.020
Cash Equivalents 0.060.790.480.430.170.060.020.020.031.16
Others Assets1.913.351.233.031.392.862.631.251.270.08
Total Assets 10.297.385.314.844.545.887.343.692.051.91

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -0.31-0.86-2.192.68-5.11-0.58-0.853.610.67-0.17
PBT 0.83-2.58-2.50-0.31-1.291.200.01-0.181.44-0.30
Adjustment 0.111.960.490.05-0.12-0.900.160.20-1.71-0.14
Changes in Working Capital -1.24-0.24-0.182.94-3.71-0.88-1.023.60.940.28
Tax Paid 0000000000
Cash Flow From Investing Activity 0.060.161.72-1.18-0.510.93-0.12-0.073.411.21
Capex -0.010.14-0.28-1.18-0.54-0.43-0.12-0.07-0.610
Net Investments 000001.35004.010
Others 0.070.03200.0300001.21
Cash Flow From Financing Activity -0.401.420.15-1.555.36-0.450.93-3.55-4.070.10
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 01.27-1.25-0.065.36-0.511-3.53-4.070.10
Interest Paid 0000000000
Dividend Paid 0000000000
Others -0.400.151.41-1.4900.05-0.07-0.0300
Net Cash Flow -0.650.72-0.31-0.04-0.26-0.11-0.0400.011.14
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
ROCE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio3.712.090.420.010.191.140.320.340.870.31
PAT to CFO Conversion(x)-0.37N/AN/AN/AN/A-0.48-85N/A0.47N/A
Working Capital Days
Receivable Days213167000374030
Inventory Days35541363,691872231010
Payable Days621154751,3333,4321988761,0638782,440

Welterman International Ltd Stock News

Welterman International Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Welterman Intl. on 25-Apr-2024 16:01 is ₹16.89.
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 16:01 the market cap of Welterman Intl. stood at ₹7.50.
The latest P/E ratio of Welterman Intl. as of 25-Apr-2024 16:01 is 0.00.
The latest P/B ratio of Welterman Intl. as of 25-Apr-2024 16:01 is -0.62.
The 52-week high of Welterman Intl. is ₹19.72 and the 52-week low is ₹9.17.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Welterman Intl. is ₹0.00 ( Cr.) .

About Welterman International Ltd

Welterman International was promoted in 1992 by the Dhanani Group of Companies as manufacturers of leather soles with technical assistance from one of the world leaders in footwear and footwear components manufacturing machines industry MA-MECC from Italy.

Mr. Kayum Dhanani, Managing Director, is at the helm of this operation and comes with international education, learning and expertise. He handles day to day functioning with a specialized team of people with many decades of sole manufacturing behind them. In- depth knowledge and a sound technical base enable the company to compete with other sole manufacturers and suppliers anywhere else in the world. Trained technicians, skilled workers and streamlined systems allow for smooth functioning and timely deliveries. Leather is developed and bought from dedicated tanneries closely associated with Welterman and work to exact client specifications.

Business area of the company

The company manufactures leather soles, rubber soles, TPR, TPU & PVC soles, specialized injected soles and leather soles with masonite heels. It has computerised designing and pattern making studios. The company has luge production capacity of leather unit soles per annum.

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