Fiberweb (India) Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 12:59 am

Market Cap	173 Cr.
Current Price	60.2
High / Low	66.6/29.0
Stock P/E	15.1
Book Value	58.3
Dividend Yield	0.00 %
ROCE	5.17 %
ROE	4.61 %
Face Value	10.0
PEG Ratio	-1.78

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

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Competitors of

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Multibase India Ltd	470 Cr.	373	622/225	31.5	110	14.2 %	11.6 %	8.58 %	10.0
IIRM Holdings India Ltd	736 Cr.	108	172/22.9	32.5	18.7	0.00 %	%	%	5.00
Fiberweb (India) Ltd	173 Cr.	60.2	66.6/29.0	15.1	58.3	0.00 %	5.17 %	4.61 %	10.0
Deep Polymers Ltd	160 Cr.	66.0	120/64.9	21.6	35.5	0.00 %	9.48 %	9.69 %	10.0
DDev Plastiks Industries Ltd	2,917 Cr.	282	458/160	15.4	71.2	0.53 %	41.9 %	31.5 %	1.00
Industry Average	5,063.24 Cr	742.38		60.82	191.24	0.95%	15.72%	13.15%	7.75

All Competitor Stocks of

Quarterly Result

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Sales	23.40	23.66	22.76	16.80	25.39	19.02	4.90	29.99	20.64	14.69	20.68	24.34	25.01
Expenses	18.07	18.31	24.27	14.55	22.97	16.23	10.25	27.59	18.45	12.87	15.61	20.60	20.41
Operating Profit	5.33	5.35	-1.51	2.25	2.42	2.79	-5.35	2.40	2.19	1.82	5.07	3.74	4.60
OPM %	22.78%	22.61%	-6.63%	13.39%	9.53%	14.67%	-109.18%	8.00%	10.61%	12.39%	24.52%	15.37%	18.39%
Other Income	0.28	0.50	-0.24	0.65	0.42	0.24	-0.97	0.00	0.36	0.26	0.27	1.22	0.64
Interest	0.00	0.00	0.00	0.06	0.08	0.29	0.19	0.46	0.15	0.14	0.27	0.15	0.14
Depreciation	1.39	1.39	-1.96	0.55	0.55	0.55	0.72	0.68	0.69	0.69	1.94	1.02	1.05
Profit before tax	4.22	4.46	0.21	2.29	2.21	2.19	-7.23	1.26	1.71	1.25	3.13	3.79	4.05
Tax %	26.07%	26.01%	-495.24%	26.20%	26.24%	31.05%	-28.77%	26.19%	26.32%	-22.40%	-12.78%	23.75%	12.35%
Net Profit	3.12	3.30	1.26	1.70	1.64	1.51	-5.15	0.93	1.27	1.54	3.52	2.90	3.54
EPS in Rs	1.08	1.15	0.44	0.59	0.57	0.52	-1.79	0.32	0.44	0.53	1.22	1.01	1.23

Last Updated: November 6, 2024, 6:45 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 23, 2024, 2:29 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	51.17	64.15	68.28	61.75	104.31	206.03	152.71	98.18	107.45	95.40	66.11	86.00	80.35
Expenses	49.00	62.69	66.01	53.99	87.25	175.97	127.18	81.20	84.98	80.34	63.95	74.42	67.53
Operating Profit	2.17	1.46	2.27	7.76	17.06	30.06	25.53	16.98	22.47	15.06	2.16	11.58	12.82
OPM %	4.24%	2.28%	3.32%	12.57%	16.36%	14.59%	16.72%	17.29%	20.91%	15.79%	3.27%	13.47%	15.96%
Other Income	-0.56	0.41	0.21	2.74	0.06	0.04	-15.08	1.26	1.18	1.03	0.34	0.90	2.11
Interest	0.28	0.34	0.33	0.18	0.18	0.21	0.13	1.57	0.06	0.10	0.67	1.13	0.71
Depreciation	2.24	2.27	0.12	3.21	2.69	3.25	4.54	4.71	5.13	2.19	2.36	3.99	4.34
Profit before tax	-0.91	-0.74	2.03	7.11	14.25	26.64	5.78	11.96	18.46	13.80	-0.53	7.36	9.88
Tax %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	13.80%	22.10%	17.90%	-43.40%	1.22%
Net Profit	-0.91	-0.74	2.03	7.10	14.25	26.64	5.78	10.30	14.37	11.34	-0.30	7.27	9.23
EPS in Rs	-0.41	-0.34	0.92	2.82	5.50	9.25	2.01	3.58	4.99	3.94	-0.10	2.53	3.20
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	5.40%	9.96%	13.98%	0.00%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	18.68%	374.32%	249.75%	100.70%	86.95%	-78.30%	78.20%	39.51%	-21.09%	-102.65%	2523.33%
Change in YoY Net Profit Growth (%)	0.00%	355.64%	-124.57%	-149.05%	-13.76%	-165.25%	156.50%	-38.69%	-60.60%	-81.56%	2625.98%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	3%
5 Years:	-11%
3 Years:	-7%
TTM:	14%

Compounded Profit Growth
10 Years:	28%
5 Years:	-19%
3 Years:	-20%
TTM:	2355%

Stock Price CAGR
10 Years:	27%
5 Years:	33%
3 Years:	13%
1 Year:	76%

Return on Equity
10 Years:	%
5 Years:	6%
3 Years:	4%
Last Year:	5%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 4:30 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	11	11	11	13	13	29	29	29	29	29	29	29	29
Reserves	-66	-66	-64	-57	76	101	107	117	130	126	125	133	139
Borrowings	132	123	122	104	0	0	0	6	0	0	6	7	8
Other Liabilities	2	4	4	3	2	23	9	8	7	6	8	3	4
Total Liabilities	79	72	73	62	92	153	144	159	166	161	169	171	179
Fixed Assets	56	54	54	41	39	84	81	78	96	84	109	117	115
CWIP	0	0	0	0	0	0	11	12	6	10	10	0	10
Investments	0	0	0	0	0	1	0	0	0	0	0	0	0
Other Assets	24	18	18	21	53	68	52	68	64	67	50	54	54
Total Assets	79	72	73	62	92	153	144	159	166	161	169	171	179

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-2	5	1	6	5	16	11	4	22	9	18	1
Cash from Investing Activity +	-0	4	1	13	-6	-47	-12	-4	-16	-10	-26	-2
Cash from Financing Activity +	1	-9	-0	-17	16	14	-0	5	-7	1	7	0
Net Cash Flow	-2	-0	2	2	15	-17	-1	5	-2	-0	-2	-1

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-129.83	-121.54	-119.73	-96.24	17.06	30.06	25.53	10.98	22.47	15.06	-3.84	4.58

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	15	24	17	31	47	71	59	71	77	91	45	53
Inventory Days	93	60	65	79	55	35	56	168	121	152	202	178
Days Payable	20	25	26	25	9	52	25	24	36	38	70	21
Cash Conversion Cycle	89	58	56	84	94	54	90	215	162	205	177	210
Working Capital Days	78	45	44	59	77	63	86	180	161	195	190	192
ROCE %	0%	-1%	3%	7%	19%	24%	16%	9%	12%	9%	1%	5%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	46.33%	46.33%	46.33%	46.33%	46.33%	46.33%	46.33%	46.33%	46.33%	46.33%	46.33%	46.33%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.01%	0.02%	0.00%
DIIs	0.19%	0.19%	0.19%	0.18%	0.18%	0.18%	0.18%	0.18%	0.18%	0.18%	0.18%	0.19%
Public	53.48%	53.48%	53.48%	53.49%	53.48%	53.48%	53.47%	53.49%	53.47%	53.48%	53.46%	53.48%
No. of Shareholders	18,873	20,944	21,255	20,772	20,538	19,804	19,607	20,001	19,803	19,932	21,400	24,674

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	3.90	4.99	3.58	8.61	12.61
Diluted EPS (Rs.)	3.90	4.99	3.58	8.61	12.61
Cash EPS (Rs.)	4.70	6.77	5.21	4.73	13.74
Book Value[Excl.RevalReserv]/Share (Rs.)	59.44	55.51	51.01	47.48	44.38
Book Value[Incl.RevalReserv]/Share (Rs.)	59.44	60.85	56.35	52.82	49.72
Revenue From Operations / Share (Rs.)	33.13	37.32	34.10	68.53	99.38
PBDIT / Share (Rs.)	5.55	8.19	6.28	10.18	13.74
PBIT / Share (Rs.)	4.79	6.41	4.64	8.61	12.61
PBT / Share (Rs.)	4.79	6.41	4.15	7.97	12.61
Net Profit / Share (Rs.)	3.94	4.99	3.58	3.15	12.61
NP After MI And SOA / Share (Rs.)	3.94	4.99	3.58	3.15	12.61
PBDIT Margin (%)	16.76	21.95	18.41	14.85	13.82
PBIT Margin (%)	14.46	17.17	13.61	12.55	12.68
PBT Margin (%)	14.46	17.17	12.17	11.63	12.68
Net Profit Margin (%)	11.88	13.37	10.49	4.60	12.68
NP After MI And SOA Margin (%)	11.88	13.37	10.49	4.60	12.68
Return on Networth / Equity (%)	6.62	8.99	7.01	6.64	28.41
Return on Capital Employeed (%)	8.06	10.53	8.23	16.29	25.36
Return On Assets (%)	6.38	7.60	5.84	5.65	21.82
Asset Turnover Ratio (%)	0.54	0.61	0.61	0.98	1.52
Current Ratio (X)	12.76	6.26	5.92	7.96	3.33
Quick Ratio (X)	8.86	4.61	3.76	6.07	2.67
Inventory Turnover Ratio (X)	2.59	2.24	3.30	6.86	12.55
Dividend Payout Ratio (NP) (%)	0.00	10.01	1.14	6.33	2.38
Dividend Payout Ratio (CP) (%)	0.00	7.38	0.78	4.22	2.19
Earning Retention Ratio (%)	0.00	89.99	98.86	93.67	97.62
Cash Earning Retention Ratio (%)	0.00	92.62	99.22	95.78	97.81
Interest Coverage Ratio (X)	0.00	0.00	12.81	0.00	0.00
Interest Coverage Ratio (Post Tax) (X)	0.00	0.00	8.30	0.00	0.00
Enterprise Value (Cr.)	104.28	72.23	23.08	88.49	328.62
EV / Net Operating Revenue (X)	1.09	0.67	0.23	0.44	1.15
EV / EBITDA (X)	6.52	3.06	1.28	3.02	8.31
MarketCap / Net Operating Revenue (X)	1.16	0.73	0.32	0.46	1.16
Retention Ratios (%)	0.00	89.98	98.85	93.66	97.61
Price / BV (X)	0.64	0.49	0.21	0.67	2.61
Price / Net Operating Revenue (X)	1.16	0.73	0.32	0.46	1.16
EarningsYield	0.10	0.18	0.32	0.09	0.10

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 41.39

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 21, 2024, is Overvalued by 31.25% compared to the current share price 60.20

Intrinsic Value of as of December 21, 2024 is: 37.87

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 21, 2024, is Overvalued by 37.09% compared to the current share price 60.20

Last 5 Year EPS CAGR: -8.50%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (61.62 cr) compared to borrowings (39.08 cr), indicating strong financial stability. The company has shown consistent growth in sales (95.53 cr) and profit (8.85 cr) over the years.	The stock has a low average ROCE of 8.67%, which may not be favorable. The stock has a high average Working Capital Days of 114.17, which may not be favorable. The stock has a high average Cash Conversion Cycle of 124.50, which may not be favorable.

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
1. Net Profit Margin: 11.88%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 8.06% (Industry Average ROCE: 15.72%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 6.62% (Industry Average ROE: 13.15%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 0
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 8.86
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 15.1 (Industry average Stock P/E: 60.82)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Fiberweb (India) Ltd. is a Public Limited Listed company incorporated on 22/10/1985 and has its registered office in the State of Daman & Diu, India. Company’s Corporate Identification Number(CIN) is L25209DD1985PLC004694 and registration number is 004694. Currently company belongs to the Industry of Plastics - Plastic & Plastic Products. Company’s Total Operating Revenue is Rs. 95.40 Cr. and Equity Capital is Rs. 28.79 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Plastics - Plastic & Plastic Products	Airport Road, Kadaiya, Daman Daman & Diu 396210	fiberweb@fiberwebindia.com http://www.fiberwebindia.com

Management
Name	Position Held
Mr. Pravin V Sheth	Chairman Emeritus & Non Executive Director
Mr. Bhavesh P Sheth	Non Executive Director
Mrs. Soniya P Sheth	Non Executive Director
Mr. Vinod Kumar Beswal	Ind.& Non Exe.Director
Mr. Chidambar A Rege	Ind.& Non Exe.Director
Mr. Sorabh Gupta	Ind.& Non Exe.Director
Mr. Rajesh Shukla	Executive Director
Mr. Mithilesh Dubey	Ind.& Non Exe.Director
Mr. Dhrupal Shah	Ind.& Non Exe.Director

FAQ

What is the latest intrinsic value of Fiberweb (India) Ltd?

The latest intrinsic value of Fiberweb (India) Ltd as on 21 December 2024 is ₹41.39, which is 31.25% lower than the current market price of ₹60.20. The stock has a market capitalization of 173 Cr. and recorded a high/low of 66.6/29.0 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹139 Cr and total liabilities of ₹179 Cr.

What is the Market Cap of Fiberweb (India) Ltd?

The Market Cap of Fiberweb (India) Ltd is 173 Cr..

What is the current Stock Price of Fiberweb (India) Ltd as on 21 December 2024?

The current stock price of Fiberweb (India) Ltd as on 21 December 2024 is 60.2.

What is the High / Low of Fiberweb (India) Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Fiberweb (India) Ltd stocks is 66.6/29.0.

What is the Stock P/E of Fiberweb (India) Ltd?

The Stock P/E of Fiberweb (India) Ltd is 15.1.

What is the Book Value of Fiberweb (India) Ltd?

The Book Value of Fiberweb (India) Ltd is 58.3.

What is the Dividend Yield of Fiberweb (India) Ltd?

The Dividend Yield of Fiberweb (India) Ltd is 0.00 %.

What is the ROCE of Fiberweb (India) Ltd?

The ROCE of Fiberweb (India) Ltd is 5.17 %.

What is the ROE of Fiberweb (India) Ltd?

The ROE of Fiberweb (India) Ltd is 4.61 %.

What is the Face Value of Fiberweb (India) Ltd?

The Face Value of Fiberweb (India) Ltd is 10.0.