Fiberweb (India) Ltd - Stock Valuation and Financial Performance

BSE: 507910 | NSE: FIBERWEB | Textile | Small Cap

Fiberweb India Share Price

42.66 0.24 0.57%
as on 12-Jul'24 16:01

DeciZen - make an informed investing decision on Fiberweb India

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Fiberweb (India) stock performance -

mw4me loader
P/E Ratio (SA):
16.61
Market Cap:
120.8 Cr.
52-wk low:
27.2
52-wk high:
48.9

Is Fiberweb (India) Ltd an attractive stock to invest in?

1. Is Fiberweb (India) Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Fiberweb (India) Ltd is a average quality company.

2. Is Fiberweb (India) Ltd undervalued or overvalued?

The key valuation ratios of Fiberweb (India) Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Fiberweb (India) Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Fiberweb (India) Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Fiberweb India:

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.
Fiberweb (India) Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -0.7%3.1%8.3%19.6%24.4%12.7%7.8%9.2%6.9%0%-
Value Creation
Index
NA-0.8-0.40.40.8-0.1-0.5-0.4-0.5NA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 64.868.96210420615398.210795.466.186
Sales YoY Gr.-6.4%-10%68.3%97.4%-25.9%-35.7%9.4%-11.2%-30.7%-
Adj EPS -0.30.92.15.49.35.83.54.93.7-0.22.5
YoY Gr.-NA136.8%162.6%71.4%-37.4%-39.8%40.7%-24%-104.3%-
BVPS (₹) -34.2-33.2-23.827.739.941.745.249.753.653.556
Adj Net
Profit
-0.71.95.214.426.716.710.114.110.7-0.57
Cash Flow from Ops. 4.81.15.94.916.211.23.721.68.717.7-
Debt/CF from Ops. 25.8113.217.60001.6000.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 0.2%-20.3%-12.4%-30.7%
Adj EPS NA-144.4%-135.8%-104.3%
BVPSNA6.1%5.8%-0.2%
Share Price 25.6% 21.5% -8.5% 43.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
1.3-3.5-10.764.424.312.67.29.36.9-0.34.6
Op. Profit
Mgn %
2.33.312.516.614.616.717.320.915.83.313.3
Net Profit
Mgn %
-1.12.88.413.81310.910.213.211.3-0.78.4
Debt to
Equity
-1.6-1.7-1.70000.10000
Working Cap
Days
9371797984134202197220283106
Cash Conv.
Cycle
45384955457314513415017891

Recent Performance Summary

Sales growth is good in last 4 quarters at 89.77%

Return on Equity has declined versus last 3 years average to 4.60%

Sales growth has been subdued in last 3 years -12.35%

Net Profit has been subdued in last 3 years -135.79%

Latest Financials - Fiberweb (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 2.5 2.1
TTM Sales (₹ Cr.) 86 84
BVPS (₹.) 56 0
Reserves (₹ Cr.) 133 147
P/BV 0.75 0.00
PE 16.61 19.77
From the Market
52 Week Low / High (₹) 27.17 / 48.94
All Time Low / High (₹) 0.35 / 194.50
Market Cap (₹ Cr.) 121
Equity (₹ Cr.) 28.8
Face Value (₹) 10
Industry PE 29.4

Management X-Ray of Fiberweb India:

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 Fiberweb India

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales656962104206153981079566
Operating Expenses 6367548717612781858064
Manufacturing Costs676634491114
Material Costs4647356916010865686043
Employee Cost 4444555443
Other Costs 78988108454
Operating Profit 1281730261722152
Operating Profit Margin (%) 2.2%3.3%12.5%16.4%14.6%16.7%17.3%20.9%15.8%3.3%
Other Income 0000011111
Interest 0000002001
Depreciation 2033355522
Exceptional Items 00300-16000-1
Profit Before Tax -12714276121814-1
Tax 0000002420
Profit After Tax -127142761014110
PAT Margin (%) -1.1%3.0%11.5%13.7%12.9%3.8%10.5%13.4%11.9%-0.5%
Adjusted EPS (₹)-0.30.92.85.49.32.03.65.03.9-0.1
Dividend Payout Ratio (%)0%0%0%0%5%10%14%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund -60-58-4589130135145158154154
Share Capital 11111313292929292929
Reserves -71-69-5776101107117130126125
Minority Interest0000000000
Debt1231221030000006
Long Term Debt1221221030000006
Short Term Debt1000000000
Trade Payables33222374768
Others Liabilities 5511119-1-1-1
Total Liabilities 72736292153144159165160167

Fixed Assets

Gross Block111112101102151151154176167194
Accumulated Depreciation57576163667176818385
Net Fixed Assets545441398481789684109
CWIP 00000111261010
Investments 0000100000
Inventories88810151630232524
Trade Receivables4351440251923248
Cash Equivalents 34622548765
Others Assets32278811111012
Total Assets 72736292153144159165160167

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 51651611422918
PBT -127142761218110
Adjustment 2013346542
Changes in Working Capital 3-1-2-12-141-123-417
Tax Paid 000000-2-5-30
Cash Flow From Investing Activity 4113-6-47-12-4-16-10-26
Capex -1013-1-49-11-3-10-6-7
Net Investments 0000-100101
Others 410-520-1-6-4-20
Cash Flow From Financing Activity -90-17161405-717
Net Proceeds from Shares 001171500000
Net Proceeds from Borrowing -9-1-18-103000000
Interest Paid 000000-100-1
Dividend Paid 0000-1-10-100
Others 000102006-617
Net Cash Flow 02215-17-15-20-2
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)N/AN/AN/A208.228.274.938.2410.527.62-0.19
ROCE (%)N/AN/AN/A24.5628.455.0410.5613.279.350.09
Asset Turnover Ratio0.931.040.971.381.681.030.650.660.590.4
PAT to CFO Conversion(x)N/A0.50.860.360.591.830.41.570.82N/A
Working Capital Days
Receivable Days17182432477781718988
Inventory Days433944312338868991135
Payable Days20253011285133304061

Fiberweb (India) Ltd Stock News

Fiberweb (India) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Fiberweb India on 12-Jul-2024 16:01 is ₹42.66.
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 12-Jul-2024 16:01 the market cap of Fiberweb India stood at ₹120.8.
The latest P/E ratio of Fiberweb India as of 12-Jul-2024 16:01 is 16.61.
The latest P/B ratio of Fiberweb India as of 12-Jul-2024 16:01 is 0.75.
The 52-week high of Fiberweb India is ₹48.94 and the 52-week low is ₹27.17.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Fiberweb India is ₹86.00 ( Cr.) .

About Fiberweb (India) Ltd

Fiberweb (India) Ltd. is an ISO 9001 company established in 1985. It manufacture High Quality Spun Bond NONWOVEN Roll Goods Used in Hygiene Industry, Agriculture Crop Cover, Medical & Industrial Clothing & other Innovative Uses.

The Company was established in 1985 in the name and style of PVD Plast Mould Industries Ltd. During the last two decades, the manufacturing activities have been expanded to include mono layer and multiplayer films, garbage bags, carrier bags and the Company has also established its flagship unit for Spun Bond Nonwoven Fabrics, being the first of its kind in India. 
  
Fiberweb (India) has been the pioneer of spun bond non-woven fabric production in India. Since the commissioning of the plant in the year 1996, the Company with its excellence in manufacturing, has attained glorious heights of producing and supplying high quality roll goods to various users all over the world. 
  
Unit 1 : This unit comprises of divisions engaged in manufacture of Mono layer and Multilayer films, for packaging. Lamination, masking, etc., widely used in India and have excellent export potential. The state of art machines are manufactured by Reifenhauser, Gmbh, Troisdorf, Germany. 
  
Unit 2 (100% EOU) :- In this unit, Films, Garbage bags and carrier bags are being manufactured. This unit has one of the most modern plant to ensure quality product, conforming to international standards.

The Unit No.3 (100% EOU)  of the company is set up for manufacture of Non Woven Spun Bonded Polypropylene Fabric. This fabric has diverse applications, Hygiene usage – cover stock for baby diapers, sanitary products, etc; Agricultural usage – crop covers, ground covers, etc., Medical usage – medical madeups, bed linen, etc., and other applications like filtration medium, industrial work clothing, head covers, disposable table wipes and mats, etc. to name a few. This unit incorporates the state of art Reicofil II Double Beam plant supplied by the renowned plastic Extrusion machinery manufacturer Reifenhauser Gmbh of Troisdorf, Germany. 

Product range of the company includes:
  • High Quality Spun Bond NONWOVEN Roll Goods
  • Mono layer and multiplayer films 
  • Garbage bags 
  • Carrier bags
  • Spun Bond Nonwoven Fabrics
  • Lamination 
  • Masking 

Achievements/ recognition:
  • It is an ISO 9001 certified company.



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