Billwin Industries Ltd - Stock Valuation and Financial Performance

BSE: 543209 | NSE: | Textile - Machinery | Small Cap

Billwin Industries Share Price

73.50 0.00 0.00%
as on 18-Apr'24 16:01

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Billwin Industries stock performance -

mw4me loader
P/E Ratio (SA):
20.95
Market Cap:
15.6 Cr.
52-wk low:
39.6
52-wk high:
83.7

Is Billwin Industries Ltd an attractive stock to invest in?

1. Is Billwin Industries Ltd a good quality company?

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

2. Is Billwin Industries Ltd undervalued or overvalued?

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

3. Is Billwin Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Billwin Industries 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 Billwin Industries:

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.
Billwin Industries 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'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 3%72.9%48.9%4.8%3.7%5%10.5%-
Value Creation
Index
-0.84.22.5-0.7-0.7-0.6-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0.51.90.61.22.94.44.85
Sales YoY Gr.-302.2%-67%90.2%145.7%54%9.8%-
Adj EPS 2.9114.716.910.313.53.5
YoY Gr.-3855.2%-85.3%-94.1%-69%235.5%235.6%-
BVPS (₹) 11.6126.33219.722.323.326.826.8
Adj Net
Profit
00.10.10.20.10.20.70
Cash Flow from Ops. -0.100.1-4.1-1.61.3-0.1-
Debt/CF from Ops. -0.9-5.90.1-1-2.73.4-40.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA21.1%60.8%9.8%
Adj EPS NA-50.3%51.7%235.6%
BVPSNA-26.7%10.7%14.9%
Share Price - - 38% 95.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
25166.463.69.51.74.61413
Op. Profit
Mgn %
1.18.723.419.815.114.729.2NAN
Net Profit
Mgn %
0.66.216.712.62.3515.40
Debt to
Equity
7.60.701.40.90.90.8-
Working Cap
Days
02247501,2805998428280
Cash Conv.
Cycle
018-4211,1124456796510

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 13.00%

Sales growth is growing at healthy rate in last 3 years 60.77%

Net Profit is growing at healthy rate in last 3 years 51.68%

Debt to equity has declined versus last 3 years average to 0.80

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Billwin Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 3.5 -
TTM Sales (₹ Cr.) 4.8 -
BVPS (₹.) 26.8 -
Reserves (₹ Cr.) 4 -
P/BV 2.73 -
PE 20.95 -
From the Market
52 Week Low / High (₹) 39.60 / 83.67
All Time Low / High (₹) 13.70 / 83.67
Market Cap (₹ Cr.) 15.6
Equity (₹ Cr.) 0
Face Value (₹) 10
Industry PE 45.8

Management X-Ray of Billwin Industries:

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 Billwin Industries

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales0.461.850.611.162.854.394.82
Operating Expenses 0.461.680.470.942.433.753.42
Manufacturing Costs00000.020.050.04
Material Costs0.371.680.360.691.613.122.79
Employee Cost 0.0700.050.150.460.360.35
Other Costs 0.0200.060.090.340.220.24
Operating Profit 0.010.160.140.230.410.641.41
Operating Profit Margin (%) 1.1%8.7%23.4%19.4%14.6%14.7%29.1%
Other Income 0000000
Interest 0000.030.330.340.39
Depreciation 00000.010.010.01
Exceptional Items 0000000
Profit Before Tax 0.010.160.140.190.070.301
Tax 00.050.040.050.020.080.26
Profit After Tax 00.110.100.140.060.220.74
PAT Margin (%) 0.6%6.2%16.6%12.3%1.9%5.0%15.4%
Adjusted EPS (₹)0.29.68.41.00.31.03.5
Dividend Payout Ratio (%)0%0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 0.010.130.192.894.744.965.70
Share Capital 0.010.010.061.462.132.132.13
Reserves 00.120.131.432.612.833.57
Minority Interest0000000
Debt0.090.090.013.884.274.064.37
Long Term Debt0.090.0901.742.121.261.83
Short Term Debt000.012.132.142.792.54
Trade Payables0.011.9100.950.830.670.82
Others Liabilities 0.010.050.140.260.640.621.05
Total Liabilities 0.122.170.347.9810.4710.3011.95

Fixed Assets

Gross Block0000.050.050.050.05
Accumulated Depreciation00000.010.020.03
Net Fixed Assets0000.050.040.030.02
CWIP 0000000
Investments 0000.110.110.130.15
Inventories00.1101.243.854.915.02
Trade Receivables02.050.316.305.324.075.53
Cash Equivalents 0.020.0100000.03
Others Assets0.1000.020.271.161.161.19
Total Assets 0.122.170.347.9810.4710.3011.95

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -0.10-0.020.11-4.11-1.601.25-0.11
PBT 0.010.160.140.190.070.301
Adjustment 00-0.040.030.340.350.40
Changes in Working Capital -0.11-0.180.01-4.33-2.010.63-1.43
Tax Paid 00000-0.02-0.09
Cash Flow From Investing Activity 00-0.02-0.16-0.25-0.06-0.03
Capex 000-0.05000
Net Investments 000-0.110-0.02-0.02
Others 00-0.020-0.25-0.04-0.01
Cash Flow From Financing Activity 0.080-0.094.271.85-1.200.17
Net Proceeds from Shares 0002.551.8000
Net Proceeds from Borrowing 0.080-0.091.740.38-0.860.56
Interest Paid 000-0.03-0.33-0.34-0.39
Dividend Paid 0000000
Others 0000000
Net Cash Flow -0.02-0.0200000.03
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)25166.3563.589.291.454.513.92
ROCE (%)5.3102.5768.256.325.066.9414.4
Asset Turnover Ratio3.761.610.480.280.60.430.43
PAT to CFO Conversion(x)N/A-0.181.1-29.36-26.675.68-0.15
Working Capital Days
Receivable Days04057101,039384386363
Inventory Days0220389168361376
Payable Days152089782522028897

Billwin Industries Ltd Stock News

Billwin Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Billwin Industries on 18-Apr-2024 16:01 is ₹73.50.
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 18-Apr-2024 16:01 the market cap of Billwin Industries stood at ₹15.55.
The latest P/E ratio of Billwin Industries as of 18-Apr-2024 16:01 is 20.95.
The latest P/B ratio of Billwin Industries as of 18-Apr-2024 16:01 is 2.73.
The 52-week high of Billwin Industries is ₹83.67 and the 52-week low is ₹39.60.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Billwin Industries is ₹4.82 ( Cr.) .

About Billwin Industries Ltd

The company was originally incorporated as Billwin Waterproof Private Limited on February 05, 2014 at Mumbai, Maharashtra as a private limited company under the Companies Act, 1956 with the Registrar of Companies, Mumbai. Pursuant to a special resolution passed by the shareholders of the company at the Extra Ordinary General Meeting held on June 05, 2019, the company’s name was changed to Billwin Industries Private Limited. A fresh certificate of incorporation consequent upon change of name was issued on July 09, 2019 by the Registrar of Companies, Mumbai. Subsequently, the company was converted into Public Limited Company pursuant to Shareholders resolution passed at the Extraordinary General Meeting of the company held on January 06, 2020 and the name of the company was changed to ‘Billwin Industries Limited’ and a Fresh Certificate of Incorporation consequent upon conversion of company to Public Limited dated January 28, 2020 was issued by Registrar of Companies, Mumbai.

Business area of the company:

The company is engaged in the business of manufacturing of protective gears; these gears are basically rain wears, life jackets and inflatable boats which are used in seas and other water bodies for the safety. It is also involved in trading of the protectives gears that it manufacture. The company’s product range includes Rainwear Coat, Rain Jacket, Pulsar Jacket, Winter Jacket, River Raft Boat, Inflatable Boats Dinghys, Sleeping Bags, School Bags, Life jackets, Rucksack, facial’s mask etc

Major Events and milestones:

  • 2014: The company was incorporated as Billwin Waterproof Private Limited.
  • 2019: Name of the company changed from ‘Billwin Waterproof Private Limited’ to ‘Billwin Industries Private Limited’.
  • 2020: Conversion into public limited as ‘Billwin Industries Limited’.
  • 2020: Take over a proprietor concern namely ‘Billwin Industries’ by the company to expand the business of the company.
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