BSE: 532144 | NSE: WELCORP | Steel & Iron Products | Small Cap
1. Is Welspun Corp Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Welspun Corp Ltd is a average quality company.
2. Is Welspun Corp Ltd undervalued or overvalued?
The key valuation ratios of Welspun Corp Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
3. Is Welspun Corp Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Welspun Corp Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||4.1%||6%||4%||3.3%||7.8%||7.7%||-0.8%||18.1%||34.1%||14.3%||-|
|Value Creation Index ⓘ||-0.7||-0.6||-0.7||-0.8||-0.5||-0.5||-1.1||0.3||1.4||0.0||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||-26.6%||1.7%||-23.8%||15.2%||20.8%||8.8%||-15.9%||10.1%||0.1%||-|
|Adj EPS ⓘ||3.4||7.7||0.9||-0.6||4.5||5.1||-3.9||13.5||34.9||18.8||20.2|
|YoY Gr. Rt. %||-||124.1%||-87.8%||-163.8%||NA||15.3%||-175.2%||NA||159.2%||-46.1%||-|
|BVPS (₹) ⓘ||167.4||74.3||70.9||61.5||68.2||72.2||61.6||59.5||103.3||116.7||132.8|
|Adj Net Profit ⓘ||90.3||203||24.7||-16||118||136||-102||351||911||491||529|
|Cash Flow from Ops. ⓘ||-80.1||415||256||336||266||792||253||16.2||378||193||-|
|Debt/CF from Ops. ⓘ||-37.4||6.4||8.4||5.6||5.6||0.9||3||48.8||1.4||6.8||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||20.8%||33.4%||NA||-46.1%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||2.3||6.4||1.3||-0.9||6.9||7.3||-5.8||22||42.7||17.1||16.2|
|Op. Profit Mgn % ⓘ||7.3||12.5||7.7||8.6||11.9||6.6||-0.1||7.5||11.5||5.8||9.8|
|Net Profit Mgn % ⓘ||1.4||4.2||0.5||-0.4||2.7||2.6||-1.8||7.3||17.2||9.3||7.6|
|Debt to Equity ⓘ||0.7||1.4||1.2||1.2||0.8||0.4||0.5||0.5||0.2||0.4||0.1|
|Working Cap Days ⓘ||178||169||181||271||215||198||173||235||199||165||139|
|Cash Conv. Cycle ⓘ||119||110||115||189||164||139||77||100||78||66||29|
Sales growth is good in last 4 quarters at 32.50%
Return on Equity has declined versus last 3 years average to 16.20%
Sales growth has been subdued in last 3 years -2.51%
Net Profit has been subdued in last 3 years 0.00%
|TTM EPS (₹)||20.2||7.9|
|TTM Sales (₹ Cr.)||6,917||9,758|
|BVPS (₹.) ⓘ||132.8||180.9|
|Reserves (₹ Cr.) ⓘ||3,342||4,601|
|From the Market|
|52 Week Low / High (₹)||177.85 / 298.35|
|All Time Low / High (₹)||1.00 / 537.70|
|Market Cap (₹ Cr.)||7,116|
|Equity (₹ Cr.)||130.8|
|Face Value (₹)||5|
|Industry PE ⓘ||16|
Welspun Corp Ltd. (WCL), the flagship company of Welspun Group, which is among the Largest Welded Line Pipe manufacturing companies in the world. In the year 2008, the company was ranked as the 2nd Largest (Large Diameter) Pipe Producer by Financial Times UK, and also been awarded 'The Emerging Company of the Year' by Economic Times. With a strong culture of 'Engineering Excellence,' WCL takes pride in manufacturing and supplying to some of the most critical pipelines in the world from its plants in India, Kingdom of Saudi Arabia and USA. The company has to its credentials supplies to world's one of the deepest pipeline project (Independence Trail in Gulf of Mexico), one of the highest pipeline project (Peru LNG), one of the longest pipeline (Canada to US) and the project involving supplies of one of the heaviest pipe (56 inch X 1.34inch in Persian Gulf). WCL has a list of esteemed clientele which includes Chevron, DOW, Elpaso, Enterprise, Exxon Mobil, GAIL, Hunt Oil, Kinder Morgan, PTTEP, Qatar Petroleum, Reliance, Saudi Aramco, Shell, Statoil, TOTAL and TransCanada to name a few.
Business area of the company
The company is a welded line pipe manufacturing company engaged in offering solution in line pipes with a capacity to manufacture longitudinal submerge-arc welded (LSAW), spiral helical submerged arc welded (HSAW) and high frequency electric resistance welded (HFERW)/high frequency induction (HFI) electrical resistance welded (ERW) pipes. The Company also offers coating, bending and double jointing facilities.
Products of the company