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

Small Cap
Evaluated by 74 users | BSE: 507817 | NSE: |
Textile
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...

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 6.31%8.26%4.65%6.81%7.03%4.92%2.66%3.06%2.51%3.49%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 74.882.584.59399.399.410110310698.4
Y-o-Y Gr. Rt.-10.4%2.4%10%6.8%0.2%1.2%2.1%2.8%-6.9%
Adjusted EPS (Rs.) 11.8215.954.9510.8610.935.250.153.913.055.29
Y-o-Y Gr. Rt.-34.9%-69%119.4%0.6%-52%-97.1%2506.7%-22%73.4%
Book Value per Share (Rs.) 94.62107.96114.48124.03132.56137.2135.32137.84141.47146.09
Adjusted Net Profit 3.64.91.53.33.31.60.11.20.91.6
Net Op. Cash Flow (Rs. Cr.) 11.312.26.313.912.310.212.823.314.12.5
Debt to Cash Flow from Ops 4.653.987.753.333.96.54.941.992.4816.17
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.
Wires & Fabriks (S.A.) Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 3.1%-0.2%-0.8%-6.9%
Adjusted EPS -8.6%-13.5%227.9%73.4%
Book Value per Share 4.922.63.3
Share Price -3.4% -6.7% -14.4% 34.1%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 8.7111.463.547.848.063.890.112.862.183.68
Operating Profit Margin (%) 20.0722.2415.9815.4313.2213.2413.8312.6412.1512.38
Net Profit Margin (%) 4.835.911.793.573.361.610.051.160.881.64
Debt to Equity 1.811.471.391.221.181.591.531.10.810.92
Working Capital Days 188185205208203222224218197213
Cash Conversion Cycle 126135153149146152154156141147
Entity Percentage Holding
Promoters 74.81%
Institutions 0.02%
Non-Institutions 25.17%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Wires & Fabriks (S.A.) Ltd's performance infers:

Wires & Fabriks (S.A.) Ltd earnings have declined by -13.5%, whereas share price has depreciated -6.7% 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 Wires & Fabriks (S.A.) Ltd share prices over the last 10 years. Here is what we found out:

Wires & Fabriks (S.A.) Ltd share price has depreciated -5.6% annually over the past ten years.

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

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
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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