What is Welcast Steels share price return in the past 10 years?

Welcast Steels Ltd share price has appreciated 8.1% annually (CAGR) over the past ten years.

Welcast Steels Ltd - Stock Valuation and Financial Performance

Name: Welcast Steels
Brand: Welcast Steels

BSE: 504988 | NSE: | Castings/Forgings | Small Cap

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Welcast Steels Share Price

₹1,369.95 5.00 0.37%
as on 21-Nov'24 16:59

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Data

M-Cap below 100cr DeciZen not available

Welcast Steels stock performance -

PE Chart Key Ratios

P/E Ratio (SA):

45.16

Market Cap:

87.1 Cr.

52-wk low:

1,200

52-wk high:

1,861.9

Is Welcast Steels Ltd an attractive stock to invest in?

1. Is Welcast Steels Ltd a good quality company?

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

2. Is Welcast Steels Ltd undervalued or overvalued?

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

3. Is Welcast Steels Ltd a good buy now?

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

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	2.5%	-0.4%	7.9%	7.8%	8.8%	1%	-2.8%	-0.9%	11.6%	19.3%	-
Value Creation Index ⓘ	-0.8	-1.0	-0.4	-0.5	-0.4	-0.9	-1.2	-1.1	-0.2	0.4	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	203	120	201	234	270	150	98	86	93.9	91.1	86
Sales YoY Gr.	-	-41.2%	68.3%	16.2%	15.3%	-44.4%	-34.7%	-12.2%	9.3%	-3%	-
Adj EPS ⓘ	-2.5	-7.1	26.3	25	27.9	-9.3	-28.5	-7.7	41	76.3	30.2
YoY Gr.	-	NA	NA	-5.1%	11.6%	-133.3%	NA	NA	NA	85.9%	-
BVPS (₹) ⓘ	480.4	473.1	499.7	521.7	548.6	539.3	513.3	509.6	553.3	631.7	618.5
Adj Net Profit ⓘ	-0.2	-0.5	1.7	1.6	1.8	-0.6	-1.8	-0.5	2.6	4.9	2
Cash Flow from Ops. ⓘ	-4.8	10.1	0.6	-2.3	5.7	-0.2	2.2	2.8	17.3	3.9	-
Debt/CF from Ops. ⓘ	-1.9	0	0	-2.2	0.2	-20.1	1.6	1	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-8.5%	-19.5%	-2.4%	-3%
Adj EPS ⓘ	NA	22.3%	NA	85.9%
BVPSⓘ	3.1%	2.9%	7.2%	14.2%
Share Price	8.1%	22.4%	50.7%	-8%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	-0.5	-1.5	5.4	4.9	5.2	-1.7	-5.4	-1.5	7.7	12.9	4.8
Op. Profit Mgn % ⓘ	0.8	0.3	1.3	1.3	1.3	0.6	-0.1	0.1	4.9	5.2	1.7
Net Profit Mgn % ⓘ	-0.1	-0.4	0.8	0.7	0.7	-0.4	-1.9	-0.6	2.8	5.3	2.3
Debt to Equity ⓘ	0.3	0	0	0.2	0	0.1	0.1	0.1	0	0	0
Working Cap Days ⓘ	72	103	61	69	64	107	137	137	107	94	96
Cash Conv. Cycle ⓘ	22	51	21	24	30	58	84	94	64	45	74

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 4.80%

Sales growth has been subdued in last 3 years -2.40%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 2.34%

Latest Financials - Welcast Steels Ltd.

	Standalone	Consolidated
TTM EPS (₹)	30.2	-
TTM Sales (₹ Cr.)	86.1	-
BVPS (₹.) ⓘ	618.5	-
Reserves (₹ Cr.) ⓘ	39	-
P/BV ⓘ	2.21	-
PE ⓘ	45.16	-

From the Market
52 Week Low / High (₹)	1200.00 / 1861.85
All Time Low / High (₹)	8.29 / 1861.85
Market Cap (₹ Cr.)	87.1
Equity (₹ Cr.)	0.6
Face Value (₹)	10
Industry PE ⓘ	30.9

Management X-Ray of Welcast Steels:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Welcast Steels

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Welcast Steels

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	203.36	119.63	201.33	233.85	269.62	150.02	97.95	85.97	93.92	91.07
Operating Expenses ⓘ	201.64	119.31	198.66	230.75	266.01	149.11	98.01	85.92	89.66	86.64
Manufacturing Costs	56.13	34.28	57.10	64.49	75.53	45.97	27.59	18.30	21.89	21.21
Material Costs	135.16	74.21	130	154.51	178.32	89.70	57.65	57.36	56.21	53.46
Employee Cost	9.11	9.07	9.47	9.77	9.74	9.89	8.76	6.95	6.93	7.52
Other Costs ⓘ	1.25	1.76	2.10	1.99	2.42	3.55	4	3.30	4.63	4.45
Operating Profit ⓘ	1.72	0.32	2.66	3.09	3.60	0.91	-0.06	0.05	4.25	4.43
Operating Profit Margin (%)	0.8%	0.3%	1.3%	1.3%	1.3%	0.6%	-0.1%	0.1%	4.5%	4.9%
Other Income ⓘ	0.77	0.47	0.61	0.52	0.50	0.81	0.46	0.72	0.76	3.62
Interest ⓘ	0.62	0.30	0.13	0.46	0.49	0.43	0.38	0.23	1.71	0.30
Depreciation ⓘ	1.77	0.95	0.82	0.90	0.84	1.34	1.43	1.08	0.90	0.75
Exceptional Items ⓘ	0.19	0.01	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	0.28	-0.45	2.32	2.26	2.78	-0.05	-1.40	-0.54	2.40	7.01
Tax ⓘ	0.31	-0.01	0.64	0.67	0.94	0.21	0.42	-0.05	-0.24	1.76
Profit After Tax	-0.03	-0.44	1.68	1.59	1.84	-0.26	-1.82	-0.49	2.64	5.25
PAT Margin (%)	0.0%	-0.4%	0.8%	0.7%	0.7%	-0.2%	-1.9%	-0.6%	2.8%	5.8%
Adjusted EPS (₹)	-0.4	-6.9	26.4	25.0	28.8	-4.1	-28.5	-7.7	41.4	82.2
Dividend Payout Ratio (%)	-511%	0%	8%	8%	9%	0%	0%	0%	6%	3%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	30.75	30.19	31.89	33.29	35.01	34.42	32.76	32.52	35.31	40.31
Share Capital ⓘ	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64
Reserves ⓘ	30.11	29.56	31.25	32.65	34.38	33.78	32.12	31.88	34.67	39.67
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	9.05	0	0	5	1.20	4	3.47	2.84	0	0
Long Term Debt	0	0	0	0	0	0	0	1.27	0	0
Short Term Debt	9.05	0	0	5	1.20	4	3.47	1.57	0	0
Trade Payables	6.39	3.45	12.30	13.06	10.79	6.19	2.05	5.34	7.19	7.53
Others Liabilities ⓘ	2.10	2.20	2.73	3.34	7.14	5.08	3.02	1.94	3.24	2.77
Total Liabilities ⓘ	48.30	35.84	46.92	54.69	54.14	49.69	41.29	42.65	45.74	50.62
Fixed Assets
Gross Block	43.15	43.34	44.22	44.82	47.88	46.08	46.09	47.97	45.49	43.03
Accumulated Depreciation	37.91	38.83	39.63	40.53	41.22	38.17	39.55	40.63	40.90	38.85
Net Fixed Assetsⓘ	5.24	4.51	4.59	4.29	6.66	7.90	6.54	7.34	4.59	4.18
CWIP ⓘ	0	0	0.16	1.61	0.06	0	0	0	0.09	0
Investmentsⓘ	0	0	0	0	0	0	0	0	17.05	18.65
Inventories	20.37	12.67	17.22	20.42	21.96	20.41	10.05	16.78	13.14	12.18
Trade Receivables	7.94	6.18	6.80	13.12	12.59	9.37	13.99	10.99	5.37	7.16
Cash Equivalents	0.20	0.67	0.18	0.61	0.59	0.62	2.35	3.03	1.11	3.82
Others Assetsⓘ	14.54	11.81	17.98	14.64	12.29	11.40	8.36	4.50	4.38	4.64
Total Assets ⓘ	48.30	35.84	46.92	54.69	54.14	49.69	41.29	42.65	45.74	50.62

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	-4.79	10.08	0.59	-2.30	5.65	-0.20	2.20	2.78	17.25	3.91
PBT ⓘ	0.09	-0.32	2.41	2.26	2.78	-0.05	-1.40	-0.54	2.40	7.01
Adjustment ⓘ	2.50	1.22	0.84	1.37	0.91	0.99	1.29	0.67	2.21	-2.39
Changes in Working Capital ⓘ	-6.29	8.51	-2.07	-5.29	2.54	-1	2.19	2.37	12.82	0.13
Tax Paid ⓘ	-1.09	0.68	-0.60	-0.64	-0.58	-0.14	0.12	0.29	-0.18	-0.83
Cash Flow From Investing Activity ⓘ	-1.03	-0.13	-1.04	-2.05	-1.19	-1.86	0.29	-1.31	-14.65	-1.11
Capex	-1.03	-0.13	-1.06	-2.05	-1.63	-2.10	-0.07	-1.88	1.56	-0.32
Net Investments	0	0	0	0	0.04	-0.03	-0.04	-0.03	-16.70	-1.63
Others ⓘ	0	0	0.02	0	0.39	0.27	0.40	0.60	0.50	0.84
Cash Flow From Financing Activityⓘ	5.69	-9.49	-0.03	4.41	-4.31	2.26	-0.81	-0.81	-4.47	-0.26
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	6.60	-9.05	0	5	0	0	0	1.27	-1.27	0
Interest Paid ⓘ	-0.54	-0.28	-0.03	-0.36	-0.36	-0.34	-0.28	-0.18	-1.63	-0.11
Dividend Paid ⓘ	-0.32	-0.13	0	-0.15	-0.15	-0.19	0	0	0	-0.16
Others ⓘ	-0.05	-0.03	0	-0.07	-3.80	2.80	-0.53	-1.90	-1.57	0
Net Cash Flow ⓘ	-0.12	0.47	-0.48	0.07	0.15	0.20	1.68	0.67	-1.86	2.54

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	-0.08	-1.45	5.42	4.89	5.38	-0.76	-5.42	-1.51	7.78	13.88
ROCE (%)	2.45	-0.43	7.91	7.75	8.77	1.03	-2.75	-0.86	11.63	19.34
Asset Turnover Ratio	4.43	3.09	5.29	4.72	4.95	2.89	2.15	2.05	2.13	1.89
PAT to CFO Conversion(x)	N/A	N/A	0.35	-1.45	3.07	N/A	N/A	N/A	6.53	0.74
Working Capital Days
Receivable Days	9	20	11	15	17	27	44	53	32	25
Inventory Days	31	46	25	29	29	52	57	57	58	51
Payable Days	27	24	22	30	24	35	26	24	41	50

Welcast Steels Ltd Stock News

Welcast Steels Ltd FAQs

What is the share price of Welcast Steels?

Company share prices are keep on changing according to the market conditions. The closing price of Welcast Steels on 21-Nov-2024 16:59 is ₹1,370.

What is the market cap of Welcast Steels?

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 21-Nov-2024 16:59 the market cap of Welcast Steels stood at ₹87.11.

What is the P/E ratio of Welcast Steels?

The latest P/E ratio of Welcast Steels as of 21-Nov-2024 16:59 is 45.16.

What is the P/B ratio of Welcast Steels?

The latest P/B ratio of Welcast Steels as of 21-Nov-2024 16:59 is 2.21.

What is the 52-week high and low of Welcast Steels?

The 52-week high of Welcast Steels is ₹1,861.9 and the 52-week low is ₹1,200.

What is the TTM revenue of Welcast Steels?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Welcast Steels is ₹86.06 ( Cr.) .

About Welcast Steels Ltd

Welcast Steels is a public limited company incorporated in 1974 manufacturing Hykrom Grinding Media balls for the cement and mining industry.

The manufacturing unit is fully equipped with the state-of-the-art equipment for production, testing and quality control such as induction furnaces, continuous type heat treatment furnaces with automatic oil quenching system, vacuum spectrometer, metallurgical microscope with photographic arrangement, sand testing equipments and hardness testing machine.

The company has an In-house Research & Development section which constantly upgrades and updates the technology to offer original solutions to the problems of industry.

Having been grinding media specialists for nearly 25 years, Welcast has acquired vast experience in the grinding process in the cement, mining industry and thermal power plants. The company engineers keep track of the latest developments taking place worldwide and with their exceptional knowledge, are in a position to recommend to the industry the specific quality of grinding media to be used for various applications.

The quality of grinding media manufactured by the company has been well established and its products are being supplied practically too all the cement plants in India. The company exports its products to other countries like USA, U.A.E., Japan, Australia, Thailand, Sri Lanka, UK, Bangladesh, Indonesia, Omain, Qatar, Philippines, Slovakia, Hong Kong, Canada, Bulgaria and Vietnam.

Product range of the company includes:

High Chrome Grinding Media - Welcast HYKROM Grinding Media is a combination of high performance and durability. It strikes a perfect balance between hardness and toughness. Over 50,000 tonnes is currently employed in Indian and International industries without a single failure.

Clientele: