X

Welspun Specialty Solutions Ltd Stock Analysis

Small Cap
Evaluated by 97 users | BSE: 500365 | NSE: REMIMETAL |
Steel & Iron Products
Remi Metals Gujarat (RMGL) started in 1960 when Chiranjilal Saraf started manufacturing fractional H P motors & laboratory stirrers under the name of Rajendra Electric Motor Industries.Remi Metals Gujarat Limited, a Rs 360 crore flagship company of the Remi group is the most ambitious...

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 -10.03%-8.93%-22.23%-9.18%-10.66%-15.24%-16.81%-8.21%-10.01%-33.37%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 596585354417334268233235441295
Y-o-Y Gr. Rt.--1.8%-39.4%17.8%-20%-19.7%-13.2%1%87.4%-33%
Adjusted EPS (Rs.) -4.87-5.04-8.43-5.21-5.36-5.73-5.55-5.43-1.16-1.81
Y-o-Y Gr. Rt.-NANANANANANANANANA
Book Value per Share (Rs.) -7.04-12.3-11.62-13.78-18.36-22.06-41.02-46.03-6.77-2.49
Adjusted Net Profit -52.9-54.6-91.4-56.4-58.2-62.2-60.2-58.9-40.3-88.6
Net Op. Cash Flow (Rs. Cr.) -1.836.7-32.615.5-15.324.917.7-5.3-2.4-26.8
Debt to Cash Flow from Ops -209.2610.85-9.9219.54-23.7914.4434.38-149.87-172.13-13.94
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.
Welspun Specialty Solutions Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -7.5%-2.4%8.2%-33%
Adjusted EPS NANANANA
Book Value per Share 0000
Share Price 6.4% 19.4% -7.1% -1.5%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 105.5552.1189.5873.5950.3837.8619.2615.2914.9655.86
Operating Profit Margin (%) 0.011.46-6.361.05-2.59-4.74-6.63-4.57-8.3-23.99
Net Profit Margin (%) -8.87-9.34-25.82-13.53-17.42-23.19-25.85-25.04-9.13-30.02
Debt to Equity -4.91-2.99-3.76-2.88-2.46-1.99-1.36-1.6-1.75-3.07
Working Capital Days 114126180135168172154192154191
Cash Conversion Cycle 23214743485871946281
Entity Percentage Holding
Promoters 53.62%
Institutions 0.01%
Non-Institutions 46.38%
Pledged *0.000.0053.7250.1350.1351.2551.2543.9843.9855.95
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Welspun Specialty Solutions Ltd's performance infers:

Welspun Specialty Solutions Ltd earnings have grown by 0%, whereas share price has appreciated 19.4% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Welspun Specialty Solutions Ltd share prices over the last 10 years. Here is what we found out:

Welspun Specialty Solutions Ltd share price has appreciated 2.3% annually over the past ten years.

Remi Metals Gujarat (RMGL) started in 1960 when Chiranjilal Saraf started manufacturing fractional H P motors & laboratory stirrers under the name of Rajendra Electric Motor Industries.

Remi Metals Gujarat Limited, a Rs 360 crore flagship company of the Remi group is the most ambitious project so far. RMGL is an Integrated Steel (capacity 140,000 TPA) & Seamless Pipe Plant (capacity 50,000 TPA) set up in Jhagadia near Bharuch in Gujarat.

RMGL is an Electric Arc Furnace based

Remi Metals Gujarat (RMGL) started in 1960 when Chiranjilal Saraf started manufacturing fractional H P motors & laboratory stirrers under the name of Rajendra Electric Motor Industries.

Remi Metals Gujarat Limited, a Rs 360 crore flagship company of the Remi group is the most ambitious project so far. RMGL is an Integrated Steel (capacity 140,000 TPA) & Seamless Pipe Plant (capacity 50,000 TPA) set up in Jhagadia near Bharuch in Gujarat.

RMGL is an Electric Arc Furnace based integrated steel and seamless pipe plant. RMGL has both Ingot (minimum weight 3T) as well as CC Bloom ( maximum bloom size 300 mm sq.) casting routes of steel making.

RMGL has a Seamless Pipe / Tubes plant to maufacture 50,000 TPA of Carbon Alloy Steel Seamless Pipes / Tubesin hte size range of 1'' to 6 5/8'' in technical collaboration with M/s Intertech GmbH International Technical Assistance, (INTERTECH), Germany. The Company has also in-house Steel manufacturing and rolling capacity of 1,40,000 TPA.

RMGL is located in Gujarat on a 150 acres (60 hectares) plot near village Fulwadi, Taluka Jhagadia, District Bharuch which is 23 km from Ankleshwar, 85 kms from Dahej where a full fledged all weather port is being developed and 85 kms from Essar's Sponge Iron Plant and Hazira.

Power supply is from Jhagadia sub-station by aying a separate Industrial feeder. The project is ideally located as regards proximity to the source of raw materials, water, power, ptransport arrangements and other amenities. Also a gas line is passing just near the project site, from which gas connection wcould be obtained in future, subject to availability of gas.

Different divisions of the company:

  • Steel Melting Shop
  • Casting Facilities
  • Hot Processing of Steel
  • Cold Finishing

Mannesman Demag Huttentechnik, Germany and its Indian counterpart Indomag Steel Technology, world leaders in steel making and seamless pipe technology have designed the key process equipments. Advance steel making technology through 35 MT, Ultra High Power Eccentric Bottom Tapping Arc Furnace, Refining in LRF (Landle Refining Furnace) and Degassing in VD/VOD has been inducted from MDH.The Rolling Mill also designed and manufactured by Mannesmann Demag can provide high reduction ratios in single heating.

Products portfolio of the company include:

Steel Products:

  • Cast Blooms- OctagonsSquares
  • Ingots
  • Rolled Rounds 36
  • RCS/Squares

Tube Products:

  • Hot Finish Tubes
  • Cold Finish Tubes
  • Hot Extruded SS tube
  • Cold Finish SS Tubes
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback