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Last Updated on: 23 April, 2024|Author: Getaka | Social: X Twitter Profile
Stock Ticker - BSE: 523011 | NSE: WEIZMANIND

Fundamental Analysis of Weizmann Ltd

Basic Stock Data

Last Updated: April 23, 2024, 2:18 pm

Market Cap 189 Cr.
Current Price 119
High / Low155/85.5
Stock P/E22.9
Book Value 43.2
Dividend Yield0.42 %
ROCE12.3 %
ROE6.61 %
Face Value 10.0

Data Source: screener.in

Competitors of Weizmann Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Raj Rayon Industries Ltd 1,276 Cr. 22.871.0/15.0386 1.950.00 %6.99 %12.4 % 1.00
AYM Syntex Ltd 507 Cr. 100106/63.2449 80.00.00 %6.84 %1.88 % 10.0
Shekhawati Poly-Yarn Ltd 89.6 Cr. 2.602.78/0.4014.6 4.080.00 %32.2 %% 1.00
Mohit Industries Ltd 30.9 Cr. 21.824.9/12.4 1550.00 %1.49 %0.92 % 10.0
AK Spintex Ltd 72.1 Cr. 143169/78.58.80 68.40.00 %27.5 %27.2 % 10.0
Industry Average395.12 Cr58.04171.6861.890.00%15.00%8.48%6.40

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales29.2934.6221.2924.9522.2831.3136.5331.5029.4237.6833.2730.5728.42
Expenses25.2630.4320.3824.2921.1728.0433.5128.1926.6534.2028.6627.0125.23
Operating Profit4.034.190.910.661.113.273.023.312.773.484.613.563.19
OPM %13.76%12.10%4.27%2.65%4.98%10.44%8.27%10.51%9.42%9.24%13.86%11.65%11.22%
Other Income0.190.160.040.130.351.950.060.250.060.050.020.030.41
Interest0.310.310.090.050.030.110.260.240.220.230.170.150.19
Depreciation0.890.880.850.860.840.830.850.770.770.780.780.660.65
Profit before tax3.023.160.01-0.120.594.281.972.551.842.523.682.782.76
Tax %26.82%44.30%0.00%25.00%30.51%39.95%42.64%24.31%9.78%44.05%30.71%36.69%-3.62%
Net Profit4.250.720.19-1.740.404.630.950.661.551.102.941.762.45
EPS in Rs2.460.420.11-1.010.232.920.600.420.980.691.851.111.54

Last Updated: April 10, 2024, 5:21 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: April 5, 2024, 2:23 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales505460515784871059698100135130
Expenses4652564852808394888694122115
Operating Profit32435431191161315
OPM %7%4%7%6%9%5%4%11%9%12%6%9%11%
Other Income2212033201201
Interest2110000001011
Depreciation1111111223333
Profit before tax323346511685912
Tax %29%21%46%44%30%41%37%23%28%35%39%31%
Net Profit3-444443635348
EPS in Rs1.58-2.432.232.032.252.031.773.661.723.002.192.695.19
Dividend Payout %32%-21%22%25%22%25%28%14%580%17%23%19%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-233.33%200.00%0.00%0.00%0.00%-25.00%100.00%-50.00%66.67%-40.00%33.33%
Change in YoY Net Profit Growth (%)0.00%433.33%-200.00%0.00%0.00%-25.00%125.00%-150.00%116.67%-106.67%73.33%

Growth

Compounded Sales Growth
10 Years:10%
5 Years:9%
3 Years:12%
TTM:1%
Compounded Profit Growth
10 Years:11%
5 Years:7%
3 Years:15%
TTM:6%
Stock Price CAGR
10 Years:30%
5 Years:25%
3 Years:43%
1 Year:41%
Return on Equity
10 Years:5%
5 Years:5%
3 Years:5%
Last Year:7%

Last Updated: April 16, 2024, 9:19 pm

Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital17171717171717171717161616
Reserves464043424565101685357504953
Borrowings1111920013191718129
Other Liabilities17172315121526292027252522
Total Liabilities918592757497145117109118109102100
Fixed Assets14151616171720242329282726
CWIP0010000020001
Investments18121012123068584744433636
Other Assets59586547465057363745393937
Total Assets918592757497145117109118109102100

Reserves and Borrowings Chart

Weizmann Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 2-031201536-281010
Cash from Investing Activity 003320-4-3610-42-2
Cash from Financing Activity -5-2-4-12-2-1-1-0-8-4-10-8
Net Cash Flow-2-212-00-001-01-1

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow-8.00-9.00-5.001.005.004.002.008.00-10.00-6.00-12.001.00

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

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days104136134463326244248684437
Inventory Days2221221417386388860721006660
Days Payable16493981308561111182161196176140
Cash Conversion Cycle163166177-123421-79-41-28-66-43
Working Capital Days277269253203192117130-102441168
ROCE %6%4%7%4%7%8%5%11%7%9%4%12%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters69.01%69.01%69.01%69.01%67.87%67.87%67.88%67.88%67.88%67.88%67.88%67.88%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.01%
Public30.99%30.99%30.99%30.99%32.13%32.13%32.12%32.12%32.13%32.12%32.12%32.10%
No. of Shareholders8,3839,1789,5229,4129,4599,4959,3709,8209,5249,3789,0749,693

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)2.692.193.001.733.66
Diluted EPS (Rs.)2.692.033.001.733.66
Cash EPS (Rs.)5.863.954.653.905.96
Book Value[Excl.RevalReserv]/Share (Rs.)40.8241.7643.1440.7249.52
Book Value[Incl.RevalReserv]/Share (Rs.)40.8241.7643.1440.7249.52
Revenue From Operations / Share (Rs.)85.2262.9556.5255.7860.63
PBDIT / Share (Rs.)8.205.306.945.147.52
PBIT / Share (Rs.)6.193.175.143.756.52
PBT / Share (Rs.)5.593.004.393.496.47
Net Profit / Share (Rs.)3.861.812.852.504.96
NP After MI And SOA / Share (Rs.)2.692.193.001.733.66
PBDIT Margin (%)9.618.4212.279.2212.39
PBIT Margin (%)7.265.039.086.7210.75
PBT Margin (%)6.564.757.776.2410.67
Net Profit Margin (%)4.532.885.044.488.18
NP After MI And SOA Margin (%)3.153.475.313.096.04
Return on Networth / Equity (%)6.585.236.964.247.39
Return on Capital Employeed (%)14.697.2911.588.8912.63
Return On Assets (%)4.183.164.402.745.39
Long Term Debt / Equity (X)0.010.010.000.010.01
Total Debt / Equity (X)0.170.270.210.260.02
Asset Turnover Ratio (%)1.330.940.920.910.84
Current Ratio (X)0.800.720.910.640.96
Quick Ratio (X)0.560.530.660.440.70
Inventory Turnover Ratio (X)6.154.854.284.904.65
Dividend Payout Ratio (NP) (%)18.6124.910.00732.7313.64
Dividend Payout Ratio (CP) (%)10.6612.610.00405.3810.73
Earning Retention Ratio (%)81.3975.090.00-632.7386.36
Cash Earning Retention Ratio (%)89.3487.390.00-305.3889.27
Interest Coverage Ratio (X)13.6030.329.3119.44149.23
Interest Coverage Ratio (Post Tax) (X)7.4111.384.8310.4599.50
Enterprise Value (Cr.)140.15104.5489.4158.4669.62
EV / Net Operating Revenue (X)1.041.050.910.600.66
EV / EBITDA (X)10.7812.437.466.585.36
MarketCap / Net Operating Revenue (X)0.960.880.760.430.65
Retention Ratios (%)81.3875.080.00-632.7386.35
Price / BV (X)2.011.341.000.590.80
Price / Net Operating Revenue (X)0.960.880.760.430.65
EarningsYield0.030.030.060.070.09

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 65.67

The stock is overvalued by 44.82% compared to the current price ₹119

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.

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (54.77 cr) compared to borrowings (8.62 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (85.15 cr) and profit (5.92 cr) over the years.
  1. The stock has a low average ROCE of 7.00%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 126.67, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 22.83, which may not be favorable.

Stock Analysis

  • 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 Weizmann Ltd:
    1. Net Profit Margin: 4.53%
      • 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: 14.69% (Industry Average ROCE: 15%)
      • 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%: 6.58% (Industry Average ROE: 8.48%)
      • 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): 7.41
      • 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: 0.56
      • 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: 22.9 (Industry average Stock P/E: 171.68)
      • 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: 0.17
      • 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

Weizmann Ltd. is a Public Limited Listed company incorporated on 25/11/1985 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L65990MH1985PLC038164 and registration number is 038164. Currently Company is involved in the business activities of Other activities relating to finishing of textile. Company’s Total Operating Revenue is Rs. 99.84 Cr. and Equity Capital is Rs. 15.86 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - Processing/TexturisingEmpire House, 214, Dr. D.N. Road, Mumbai Maharashtra 400001investorsgrievance@weizmann.co.in
http://www.weizmann.co.in
Management
NamePosition Held
Mr. Dharmendra G SirajChairman
Mr. Neelkamal V SirajVice Chairman & Mng.Director
Mr. Chetan D MehraDirector
Mr. Hitesh V SirajDirector
Mr. Balady S ShettyDirector
Mrs. Smita V DavdaDirector

Weizmann Ltd. Share Price Update

Share PriceValue
Today₹117.65
Previous Day₹114.50

FAQ

What is the latest fair value of Weizmann Ltd?

The latest fair value of Weizmann Ltd is ₹65.67.

What is the Market Cap of Weizmann Ltd?

The Market Cap of Weizmann Ltd is 189 Cr..

What is the current Stock Price of Weizmann Ltd as on 23 April 2024?

The current stock price of Weizmann Ltd as on 23 April 2024 is 119.

What is the High / Low of Weizmann Ltd stocks in FY 2024?

In FY 2024, the High / Low of Weizmann Ltd stocks is ₹155/85.5.

What is the Stock P/E of Weizmann Ltd?

The Stock P/E of Weizmann Ltd is 22.9.

What is the Book Value of Weizmann Ltd?

The Book Value of Weizmann Ltd is 43.2.

What is the Dividend Yield of Weizmann Ltd?

The Dividend Yield of Weizmann Ltd is 0.42 %.

What is the ROCE of Weizmann Ltd?

The ROCE of Weizmann Ltd is 12.3 %.

What is the ROE of Weizmann Ltd?

The ROE of Weizmann Ltd is 6.61 %.

What is the Face Value of Weizmann Ltd?

The Face Value of Weizmann Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Weizmann Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE