WELSPUN CORP LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 535.2 INR | +4.66% |
|
-2.60% | -2.17% |
| May. 31 | Welspun Corp's Net Profit Rises in Fiscal Q4 | MT |
| May. 31 | Transcript : Welspun Corp Limited, Q4 2024 Earnings Call, May 31, 2024 |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 35,978 | 16,279 | 36,302 | 43,696 | 52,554 | 140,031 | - | - |
| Enterprise Value (EV) 1 | 35,978 | 16,279 | 36,302 | 43,696 | 52,554 | 135,007 | 140,031 | 140,031 |
| P/E ratio | -271 x | 2.59 x | 5.88 x | 9.99 x | 25.5 x | 12.2 x | 13.4 x | 11.3 x |
| Yield | 0.37% | - | 3.59% | 2.99% | 2.49% | 1.37% | 1.46% | 1.56% |
| Capitalization / Revenue | 0.4 x | 0.16 x | 0.56 x | 0.67 x | 0.54 x | 0.78 x | 0.77 x | 0.71 x |
| EV / Revenue | 0.4 x | 0.16 x | 0.56 x | 0.67 x | 0.54 x | 0.78 x | 0.77 x | 0.71 x |
| EV / EBITDA | 5.08 x | 1.4 x | 4.68 x | 9.38 x | 6.43 x | 7.4 x | 8.31 x | 7.06 x |
| EV / FCF | - | - | -38.2 x | 466 x | 5.21 x | 13.4 x | -76.2 x | 28.6 x |
| FCF Yield | - | - | -2.62% | 0.21% | 19.2% | 7.48% | -1.31% | 3.49% |
| Price to Book | 1.29 x | - | 0.96 x | 0.99 x | 1.11 x | 2.5 x | 2.25 x | 1.91 x |
| Nbr of stocks (in thousands) | 265,226 | 260,884 | 260,884 | 260,949 | 261,529 | 261,667 | - | - |
| Reference price 2 | 135.6 | 62.40 | 139.2 | 167.4 | 201.0 | 535.2 | 535.2 | 535.2 |
| Announcement Date | 5/15/19 | 6/17/20 | 6/28/21 | 5/27/22 | 5/30/23 | 5/30/24 | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 90,881 | 99,568 | 64,397 | 65,051 | 97,581 | 173,396 | 183,040 | 197,605 |
| EBITDA 1 | 7,077 | 11,600 | 7,754 | 4,660 | 8,175 | 18,233 | 16,861 | 19,837 |
| EBIT 1 | 3,134 | 9,267 | 7,953 | 7,624 | 5,768 | 14,754 | 12,681 | 15,851 |
| Operating Margin | 3.45% | 9.31% | 12.35% | 11.72% | 5.91% | 8.51% | 6.93% | 8.02% |
| Earnings before Tax (EBT) 1 | 2,705 | - | 7,277 | 6,606 | 3,336 | 14,135 | 13,771 | 16,404 |
| Net income 1 | -132.5 | - | 6,188 | 4,442 | 2,067 | 11,104 | 10,454 | 12,350 |
| Net margin | -0.15% | - | 9.61% | 6.83% | 2.12% | 6.4% | 5.71% | 6.25% |
| EPS 2 | -0.5000 | 24.06 | 23.66 | 16.77 | 7.890 | 42.32 | 40.00 | 47.23 |
| Free Cash Flow 1 | - | - | -950.2 | 93.8 | 10,090 | 10,472 | -1,838 | 4,894 |
| FCF margin | - | - | -1.48% | 0.14% | 10.34% | 6% | -1% | 2.48% |
| FCF Conversion (EBITDA) | - | - | - | 2.01% | 123.42% | 63.42% | - | 24.67% |
| FCF Conversion (Net income) | - | - | - | 2.11% | 488.17% | 101.95% | - | 39.62% |
| Dividend per Share 2 | 0.5000 | - | 5.000 | 5.000 | 5.000 | 7.333 | 7.833 | 8.333 |
| Announcement Date | 5/15/19 | 6/17/20 | 6/28/21 | 5/27/22 | 5/30/23 | 5/30/24 | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 12,989 | - | 12,989 | 13,218 | 19,638 | 24,023 | 40,702 | 40,693 | 44,289 | 53,231 |
| EBITDA 1 | - | - | - | 288.7 | -1,312 | 1,664 | 1,914 | 3,688 | 3,911 | 4,491 |
| EBIT | - | - | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) 1 | - | - | - | - | - | - | - | 2,401 | - | - |
| Net income 1 | - | 849 | - | - | - | - | - | 1,654 | - | - |
| Net margin | - | - | - | - | - | - | - | 4.06% | - | - |
| EPS 2 | - | 3.240 | - | - | - | - | - | 6.300 | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 7/29/21 | 10/28/21 | 2/10/22 | 8/4/22 | 11/3/22 | 2/2/23 | 5/30/23 | 8/4/23 | - | - |
1INR in Million2INR
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | -950 | 93.8 | 10,090 | 10,473 | -1,838 | 4,894 |
| ROE (net income / shareholders' equity) | 2.41% | 21.1% | 18% | 10.8% | 4.51% | 19.5% | 18.2% | 18.6% |
| ROA (Net income/ Total Assets) | - | - | - | - | 1.69% | 7.5% | 8.8% | 9.4% |
| Assets 1 | - | - | - | - | 122,541 | 136,964 | 118,792 | 131,379 |
| Book Value Per Share 2 | 105.0 | - | 145.0 | 170.0 | 181.0 | 214.0 | 238.0 | 280.0 |
| Cash Flow per Share 2 | - | - | - | - | -7.080 | 40.70 | 18.00 | 41.50 |
| Capex 1 | 603 | - | 2,983 | 9,791 | 11,942 | 4,954 | 14,500 | 11,959 |
| Capex / Sales | 0.66% | - | 4.63% | 15.05% | 12.24% | 2.84% | 7.92% | 6.05% |
| Announcement Date | 5/15/19 | 6/17/20 | 6/28/21 | 5/27/22 | 5/30/23 | 5/30/24 | - | - |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
535.2
INR
Average target price
668.3
INR
Spread / Average Target
+24.89%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -2.17% | 1.68B | |
| -7.49% | 38.6B | |
| +28.28% | 26.75B | |
| -22.62% | 21.28B | |
| -8.86% | 20.72B | |
| +4.21% | 19.82B | |
| +6.28% | 19.72B | |
| +4.50% | 9.28B | |
| -21.34% | 8.6B | |
| -.--% | 7.73B |
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- WELCORP Stock
- Financials Welspun Corp Limited
