Wires & Fabriks (S.A.) Ltd Stock Analysis

BSE: 507817 | NSE: | Textile | Small Cap

BSE Share Price Jan 17, 18:01
87.15 -2.45 (-2.73%)

DeciZen - Make an Informed Decision on Wires & Fabriks

M-Cap below 100cr DeciZen not available

10 Year X-Ray:

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 % 8.3%4.7%6.8%7%4.9%2.7%3.1%2.5%3.5%2.5%-
Value Creation Index -0.4-0.7-0.5-0.5-0.7-0.8-0.8-0.8-0.8-0.8-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 82.584.59399.399.410110310698.489.295
YoY Gr. Rt. %-2.4%10%6.8%0.2%1.2%2.1%2.8%-6.9%-9.3%-
Adj EPS 16510.910.95.30.23.93.15.31.81.9
YoY Gr. Rt. %--69%119.4%0.6%-52%-97.1%2506.7%-22%73.4%-66.7%-
BVPS (₹) 108114.5124132.6137.2135.3137.8141.5146.1147.8149
Adj Net Profit 4.91.53.33.31.60.11.20.91.60.51
Cash Flow from Ops. 12.26.313.912.310.212.823.314.1421-
Debt/CF from Ops. 47.83.33.96.54.922.510.31.5-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 0.9%-2.1%-4.6%-9.3%
Adj EPS -21.7%-19.6%-23.4%-66.7%
BVPS 3.61.52.41.2
Share Price -0.3% -2.7% 2.5% 24.8%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 11.53.57.88.13.90.12.92.23.71.21.3
Op. Profit Mgn % 22.21615.413.213.213.812.612.212.410.811
Net Profit Mgn % 5.91.83.63.41.60.11.20.91.60.60.6
Debt to Equity 1.51.41.21.21.61.51.10.80.90.70.5
Working Cap Days 185205208203222224218197213238232
Cash Conv. Cycle 13515314914615215415614114715874

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.71

Sales growth is good in last 4 quarters at 13.56%

Return on Equity has declined versus last 3 years average to 1.30%

Sales growth has been subdued in last 3 years -4.61%

Net Profit has been subdued in last 3 years -23.36%

Latest Financials - Wires & Fabriks (S.A.) Ltd.

Standalone Consolidated
TTM EPS (₹) 1.9 -
TTM Sales (₹ Cr.) 94.9 -
BVPS (₹.) 149 -
Reserves (₹ Cr.) 42 -
P/BV 0.58 -
PE 45.77 -
From the Market
52 Week Low / High (₹) 46.00 / 120.20
All Time Low / High (₹) 6.10 / 475.00
Market Cap (₹ Cr.) 26.6
Equity (₹ Cr.) 3.1
Face Value (₹) 10
Industry PE 15.4

Management X-Ray:

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 Wires & Fabriks (S.A.) Ltd

Wires & Fabriks (S.A.) Ltd. entered the field of Fourdrinier wire cloth with the establishment of a plant at Jaipur-India in 1963. The company became a public limited company in 1985. The company's guiding principle for any business has been to offer high technology and high service products for high value addition to their customer's products

Paper Machine Clothing is the mainstream product of the company. From Bronze wires to stainless steel wire cloth to synthetic forming fabrics, they have always been in a leading position in terms of the latest technology and new products.

Single layer, Double layer and Triple layer forming fabrics, single / double layer dryer screens (150 to 600 CFM) are now their standard products in addition to bronze & stainless steel wire cloth.

The company was first in India to manufacture double and triple layer synthetic forming fabrics. The company pioneered new forms of technical services for the Indian paper maker e.g. Paper machine wet end drainage survey, stroboscopic analysis to study the behavior of fourdrinier wire vis-à-vis paper formation, fabric tension measurement with  tensiometer.

The most modern - world standard - manufacturing facilities coupled with a recognition of it's Research & Development division by Dept. of Science & Technology, Govt. of India, since the year 1990 and, provide continuing trust to customers for quality products and services.

Paper Making Chemicals - Since 1994 the company has introduced an increasing range of specialty paper making chemicals in partnership with leading international manufacturers like Raisio, Kolb, Degussa, Latexia, Mayhall & Jiu Hi, for value added paper making. Intensive technical service is provided to optimize paper properties and improve paper machine operations.

EDM Wires- Since 1999, the company is manufacturing various types of Electro Discharge Machine (EDM) wires for Industrial applications. Electonica Machine Tools Ltd, the leading EDM wire machine manufacturers in India, are the marketing agents for India.

Product range of the company includes:

Technical fabrics

  • Paper Machine Clothing
  • Dryer Screens
  • Pulp Fabrics
  • Mould Covers
  • Dandy Covers
  • Woven Wire cloths
  • Filtration Fabrics
  • Conveyor Belts
  • Shower Oscilators
  • Tensio Meter

Chemical

Accessories

  • Shower system
  • Filter system

Achievements/ recognition:-

  • The company has obtained ISO 9001:2000 certification in 1994
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