WS Industries (India) Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 25, 2025, 9:15 pm

Market Cap	411 Cr.
Current Price	64.8
High / Low	186/64.5
Stock P/E	166
Book Value	35.3
Dividend Yield	0.00 %
ROCE	25.2 %
ROE	46.9 %
Face Value	10.0
PEG Ratio	4.38

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for WS Industries (India) Ltd

Competitors of WS Industries (India) Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Modern Insulators Ltd	467 Cr.	99.1	176/85.0	11.6	95.0	0.00 %	9.06 %	8.87 %	10.0
Modison Ltd	412 Cr.	127	233/108	19.0	63.5	1.96 %	12.4 %	8.88 %	1.00
Evans Electric Ltd	83.4 Cr.	152	252/112	29.5	37.2	0.99 %	36.4 %	28.0 %	10.0
Epic Energy Ltd	48.7 Cr.	67.6	148/5.97	53.5	10.0	0.00 %	5.03 %	5.49 %	10.0
Edvenswa Enterprises Ltd	128 Cr.	43.7	99.8/39.0	12.8	32.1	0.00 %	23.5 %	15.4 %	10.0
Industry Average	11,599.27 Cr	504.25		110.42	76.38	0.21%	15.67%	18.51%	6.21

All Competitor Stocks of WS Industries (India) Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	0	0	0	4	25	51	46	81	110	89	72	62	66
Expenses	0	0	0	6	21	53	41	68	95	81	64	56	68
Operating Profit	-0	-0	-0	-2	4	-2	5	13	15	8	7	6	-2
OPM %			-91%	-45%	15%	-4%	11%	16%	14%	9%	10%	10%	-4%
Other Income	-47	5	16	1	3	4	1	0	0	0	1	1	1
Interest	2	0	0	1	1	2	2	1	2	2	2	2	2
Depreciation	0	0	0	0	0	0	0	0	0	0	0	1	1
Profit before tax	-49	4	16	-2	6	-0	5	11	14	6	6	5	-4
Tax %	0%	0%	0%	0%	0%	0%	0%	0%	0%	-176%	38%	17%	520%
Net Profit	-49	4	16	-2	6	-0	5	11	14	17	4	4	-24
EPS in Rs	-18.75	1.63	5.27	-0.70	1.68	-0.10	1.11	2.43	2.96	3.31	0.61	0.61	-3.73

Last Updated: February 28, 2025, 4:11 pm

Below is a detailed analysis of the quarterly data for WS Industries (India) Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 66.00 Cr.. The value appears strong and on an upward trend. It has increased from 62.00 Cr. (Sep 2024) to 66.00 Cr., marking an increase of 4.00 Cr..
For Expenses, as of Dec 2024, the value is 68.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 56.00 Cr. (Sep 2024) to 68.00 Cr., marking an increase of 12.00 Cr..
For Operating Profit, as of Dec 2024, the value is -2.00 Cr.. The value appears to be declining and may need further review. It has decreased from 6.00 Cr. (Sep 2024) to -2.00 Cr., marking a decrease of 8.00 Cr..
For OPM %, as of Dec 2024, the value is -4.00%. The value appears to be declining and may need further review. It has decreased from 10.00% (Sep 2024) to -4.00%, marking a decrease of 14.00%.
For Other Income, as of Dec 2024, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 1.00 Cr..
For Interest, as of Dec 2024, the value is 2.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 2.00 Cr..
For Depreciation, as of Dec 2024, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 1.00 Cr..
For Profit before tax, as of Dec 2024, the value is -4.00 Cr.. The value appears to be declining and may need further review. It has decreased from 5.00 Cr. (Sep 2024) to -4.00 Cr., marking a decrease of 9.00 Cr..
For Tax %, as of Dec 2024, the value is 520.00%. The value appears to be increasing, which may not be favorable. It has increased from 17.00% (Sep 2024) to 520.00%, marking an increase of 503.00%.
For Net Profit, as of Dec 2024, the value is -24.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4.00 Cr. (Sep 2024) to -24.00 Cr., marking a decrease of 28.00 Cr..
For EPS in Rs, as of Dec 2024, the value is -3.73. The value appears to be declining and may need further review. It has decreased from 0.61 (Sep 2024) to -3.73, marking a decrease of 4.34.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 2:23 pm

Metric	Sep 2013n n 18m	Sep 2014	Mar 2015n n 6m	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	207	118	13	7	2	2	0	0	0	0	80	326	288
Expenses	256	160	30	30	22	1	220	57	7	1	79	285	269
Operating Profit	-49	-42	-16	-23	-20	2	-219	-57	-7	-1	0	41	19
OPM %	-24%	-35%	-120%	-328%	-1,014%	68%	-66,503%	-26,919%			0%	13%	7%
Other Income	134	-1	1	-4	24	40	9	0	-2	-55	24	2	3
Interest	66	48	25	5	4	-0	5	0	0	4	4	6	7
Depreciation	16	10	6	12	9	9	9	4	0	0	0	1	2
Profit before tax	3	-101	-47	-44	-9	32	-224	-61	-8	-59	20	36	13
Tax %	358%	-1%	-2%	1%	1%	0%	0%	0%	0%	0%	0%	-29%
Net Profit	-7	-101	-46	-45	-9	32	-224	-61	-8	-59	20	47	1
EPS in Rs	-3.96	-47.90	-22.10	-20.62	-4.41	15.12	-85.38	-23.14	-3.19	-22.62	4.70	9.33	0.80
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	80.00%	455.56%	-800.00%	72.77%	86.89%	-637.50%	133.90%	135.00%
Change in YoY Net Profit Growth (%)	0.00%	375.56%	-1255.56%	872.77%	14.12%	-724.39%	771.40%	1.10%

WS Industries (India) Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2016-2017 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	5%
5 Years:	297%
3 Years:	%
TTM:	0%

Compounded Profit Growth
10 Years:	9%
5 Years:	17%
3 Years:	110%
TTM:	-91%

Stock Price CAGR
10 Years:	18%
5 Years:	128%
3 Years:	76%
1 Year:	-59%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	47%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 6:34 pm

Month	Sep 2013	Sep 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	21	21	21	21	21	21	26	26	26	26	42	50	63
Reserves	-50	-85	-140	-183	-194	-161	-107	-111	-120	-49	23	87	160
Borrowings	283	296	331	330	306	306	497	114	128	87	64	74	94
Other Liabilities	125	184	181	187	168	91	59	45	38	17	110	138	126
Total Liabilities	379	416	393	355	302	257	476	73	73	82	239	349	444
Fixed Assets	149	201	186	170	93	84	426	0	0	0	25	151	156
CWIP	1	1	1	1	1	1	1	0	0	0	0	0	0
Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	228	214	206	184	208	172	49	73	73	82	215	198	288
Total Assets	379	416	393	355	302	257	476	73	73	82	239	349	444

Below is a detailed analysis of the balance sheet data for WS Industries (India) Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹63.00 Cr.. The value appears strong and on an upward trend. It has increased from 50.00 Cr. (Mar 2024) to ₹63.00 Cr., marking an increase of 13.00 Cr..
For Reserves, as of Sep 2024, the value is ₹160.00 Cr.. The value appears strong and on an upward trend. It has increased from 87.00 Cr. (Mar 2024) to ₹160.00 Cr., marking an increase of 73.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹94.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 74.00 Cr. (Mar 2024) to ₹94.00 Cr., marking an increase of 20.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹126.00 Cr.. The value appears to be improving (decreasing). It has decreased from 138.00 Cr. (Mar 2024) to ₹126.00 Cr., marking a decrease of 12.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹444.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 349.00 Cr. (Mar 2024) to ₹444.00 Cr., marking an increase of 95.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹156.00 Cr.. The value appears strong and on an upward trend. It has increased from 151.00 Cr. (Mar 2024) to ₹156.00 Cr., marking an increase of 5.00 Cr..
For CWIP, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Investments, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹288.00 Cr.. The value appears strong and on an upward trend. It has increased from 198.00 Cr. (Mar 2024) to ₹288.00 Cr., marking an increase of 90.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹444.00 Cr.. The value appears strong and on an upward trend. It has increased from 349.00 Cr. (Mar 2024) to ₹444.00 Cr., marking an increase of 95.00 Cr..

Notably, the Reserves (160.00 Cr.) exceed the Borrowings (94.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Sep 2013	Sep 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 +	-123	30	-24	-6	6	-15	-118	-12	-7	-16	-105	113
Cash from Investing Activity +	135	4	-0	1	3	0	-35	0	-7	142	21	-127
Cash from Financing Activity +	-12	-25	24	-4	-4	10	153	10	14	-103	62	50
Net Cash Flow	-0	9	-0	-10	5	-5	1	-2	-0	22	-21	36

Free Cash Flow

Month	Mar 2015n n 6m	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2013n n 18m	Sep 2014
Free Cash Flow	-16.00	-353.00	-326.00	-304.00	-716.00	-171.00	-135.00	-88.00	-64.00	-33.00	-49.00	-338.00

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

Month	Sep 2013	Sep 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	87	147	1,204	1,863	5,898	459	9,368	14,930			386	95
Inventory Days	196	163	1,567	12,708	39	3,229					25	41
Days Payable	80	209	1,894	14,904	1,216	79,065					192	100
Cash Conversion Cycle	203	101	877	-333	4,720	-75,377	9,368	14,930			219	36
Working Capital Days	59	-211	-3,354	-14,054	-59,894	-42,699	-125,505	-45,190			-50	18
ROCE %	-20%	-19%	-8%	-16%	-3%	21%	-75%	-27%	-21%	-1%	1%	25%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	37.69%	0.96%	63.11%	55.31%	55.14%	57.45%	57.68%	57.60%	58.53%	62.89%	60.38%	60.38%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.00%	1.06%	1.07%
DIIs	0.27%	0.23%	0.23%	0.20%	0.17%	0.16%	0.15%	0.15%	0.14%	0.12%	0.11%	0.14%
Public	62.03%	98.81%	36.66%	44.49%	44.68%	42.38%	42.16%	42.24%	41.31%	37.00%	38.46%	38.43%
No. of Shareholders	7,517	7,449	7,305	7,276	7,220	7,796	8,329	8,717	13,680	15,890	20,510	20,844

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	10.00	5.86	-22.98	-3.59	-23.54
Diluted EPS (Rs.)	9.24	5.59	-22.98	-3.59	-23.54
Cash EPS (Rs.)	9.47	4.75	-22.62	-3.19	-21.53
Book Value[Excl.RevalReserv]/Share (Rs.)	23.32	10.74	-8.82	-35.56	-32.39
Book Value[Incl.RevalReserv]/Share (Rs.)	27.31	15.54	-8.82	-35.56	-32.39
Revenue From Operations / Share (Rs.)	64.85	19.06	0.00	0.00	0.07
PBDIT / Share (Rs.)	8.66	0.78	-0.16	-2.51	-0.33
PBIT / Share (Rs.)	8.52	0.73	-0.16	-2.51	-1.94
PBT / Share (Rs.)	7.22	0.76	-1.50	-2.51	-1.95
Net Profit / Share (Rs.)	9.33	4.70	-22.62	-3.19	-23.14
NP After MI And SOA / Share (Rs.)	9.33	4.70	-22.62	-3.19	-23.14
PBDIT Margin (%)	13.35	4.10	0.00	0.00	-428.04
PBIT Margin (%)	13.13	3.84	0.00	0.00	-2453.77
PBT Margin (%)	11.13	4.00	0.00	0.00	-2461.66
Net Profit Margin (%)	14.38	24.65	0.00	0.00	-29226.83
NP After MI And SOA Margin (%)	14.38	24.65	0.00	0.00	-29226.83
Return on Networth / Equity (%)	39.99	43.73	0.00	0.00	0.00
Return on Capital Employeed (%)	20.73	3.02	-1.74	8.18	7.05
Return On Assets (%)	13.44	8.21	-74.22	-11.52	-82.78
Long Term Debt / Equity (X)	0.40	0.79	-1.53	0.00	0.00
Total Debt / Equity (X)	0.60	1.43	-3.22	-1.23	-0.18
Asset Turnover Ratio (%)	1.11	0.49	0.00	0.00	0.00
Current Ratio (X)	1.22	0.73	1.46	0.47	0.50
Quick Ratio (X)	1.08	0.70	1.46	0.47	0.50
Inventory Turnover Ratio (X)	14.86	0.00	0.00	0.00	0.00
Interest Coverage Ratio (X)	7.30	0.76	-0.12	0.00	-54.26
Interest Coverage Ratio (Post Tax) (X)	8.95	0.72	-0.12	0.00	-311.06
Enterprise Value (Cr.)	782.59	200.32	94.80	144.98	32.32
EV / Net Operating Revenue (X)	2.40	2.51	0.00	0.00	155.47
EV / EBITDA (X)	17.96	61.20	-216.94	-21.97	-36.32
MarketCap / Net Operating Revenue (X)	2.30	1.74	0.00	0.00	19.96
Price / BV (X)	6.39	3.09	-1.30	-0.18	-0.04
Price / Net Operating Revenue (X)	2.30	1.74	0.00	0.00	20.00
EarningsYield	0.06	0.14	-1.98	-0.47	-14.64

After reviewing the key financial ratios for WS Industries (India) Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 10.00. This value is within the healthy range. It has increased from 5.86 (Mar 23) to 10.00, marking an increase of 4.14.
For Diluted EPS (Rs.), as of Mar 24, the value is 9.24. This value is within the healthy range. It has increased from 5.59 (Mar 23) to 9.24, marking an increase of 3.65.
For Cash EPS (Rs.), as of Mar 24, the value is 9.47. This value is within the healthy range. It has increased from 4.75 (Mar 23) to 9.47, marking an increase of 4.72.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 23.32. It has increased from 10.74 (Mar 23) to 23.32, marking an increase of 12.58.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 27.31. It has increased from 15.54 (Mar 23) to 27.31, marking an increase of 11.77.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 64.85. It has increased from 19.06 (Mar 23) to 64.85, marking an increase of 45.79.
For PBDIT / Share (Rs.), as of Mar 24, the value is 8.66. This value is within the healthy range. It has increased from 0.78 (Mar 23) to 8.66, marking an increase of 7.88.
For PBIT / Share (Rs.), as of Mar 24, the value is 8.52. This value is within the healthy range. It has increased from 0.73 (Mar 23) to 8.52, marking an increase of 7.79.
For PBT / Share (Rs.), as of Mar 24, the value is 7.22. This value is within the healthy range. It has increased from 0.76 (Mar 23) to 7.22, marking an increase of 6.46.
For Net Profit / Share (Rs.), as of Mar 24, the value is 9.33. This value is within the healthy range. It has increased from 4.70 (Mar 23) to 9.33, marking an increase of 4.63.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 9.33. This value is within the healthy range. It has increased from 4.70 (Mar 23) to 9.33, marking an increase of 4.63.
For PBDIT Margin (%), as of Mar 24, the value is 13.35. This value is within the healthy range. It has increased from 4.10 (Mar 23) to 13.35, marking an increase of 9.25.
For PBIT Margin (%), as of Mar 24, the value is 13.13. This value is within the healthy range. It has increased from 3.84 (Mar 23) to 13.13, marking an increase of 9.29.
For PBT Margin (%), as of Mar 24, the value is 11.13. This value is within the healthy range. It has increased from 4.00 (Mar 23) to 11.13, marking an increase of 7.13.
For Net Profit Margin (%), as of Mar 24, the value is 14.38. This value exceeds the healthy maximum of 10. It has decreased from 24.65 (Mar 23) to 14.38, marking a decrease of 10.27.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 14.38. This value is within the healthy range. It has decreased from 24.65 (Mar 23) to 14.38, marking a decrease of 10.27.
For Return on Networth / Equity (%), as of Mar 24, the value is 39.99. This value is within the healthy range. It has decreased from 43.73 (Mar 23) to 39.99, marking a decrease of 3.74.
For Return on Capital Employeed (%), as of Mar 24, the value is 20.73. This value is within the healthy range. It has increased from 3.02 (Mar 23) to 20.73, marking an increase of 17.71.
For Return On Assets (%), as of Mar 24, the value is 13.44. This value is within the healthy range. It has increased from 8.21 (Mar 23) to 13.44, marking an increase of 5.23.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.40. This value is within the healthy range. It has decreased from 0.79 (Mar 23) to 0.40, marking a decrease of 0.39.
For Total Debt / Equity (X), as of Mar 24, the value is 0.60. This value is within the healthy range. It has decreased from 1.43 (Mar 23) to 0.60, marking a decrease of 0.83.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.11. It has increased from 0.49 (Mar 23) to 1.11, marking an increase of 0.62.
For Current Ratio (X), as of Mar 24, the value is 1.22. This value is below the healthy minimum of 1.5. It has increased from 0.73 (Mar 23) to 1.22, marking an increase of 0.49.
For Quick Ratio (X), as of Mar 24, the value is 1.08. This value is within the healthy range. It has increased from 0.70 (Mar 23) to 1.08, marking an increase of 0.38.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 14.86. This value exceeds the healthy maximum of 8. It has increased from 0.00 (Mar 23) to 14.86, marking an increase of 14.86.
For Interest Coverage Ratio (X), as of Mar 24, the value is 7.30. This value is within the healthy range. It has increased from 0.76 (Mar 23) to 7.30, marking an increase of 6.54.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 8.95. This value is within the healthy range. It has increased from 0.72 (Mar 23) to 8.95, marking an increase of 8.23.
For Enterprise Value (Cr.), as of Mar 24, the value is 782.59. It has increased from 200.32 (Mar 23) to 782.59, marking an increase of 582.27.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 2.40. This value is within the healthy range. It has decreased from 2.51 (Mar 23) to 2.40, marking a decrease of 0.11.
For EV / EBITDA (X), as of Mar 24, the value is 17.96. This value exceeds the healthy maximum of 15. It has decreased from 61.20 (Mar 23) to 17.96, marking a decrease of 43.24.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 2.30. This value is within the healthy range. It has increased from 1.74 (Mar 23) to 2.30, marking an increase of 0.56.
For Price / BV (X), as of Mar 24, the value is 6.39. This value exceeds the healthy maximum of 3. It has increased from 3.09 (Mar 23) to 6.39, marking an increase of 3.30.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 2.30. This value is within the healthy range. It has increased from 1.74 (Mar 23) to 2.30, marking an increase of 0.56.
For EarningsYield, as of Mar 24, the value is 0.06. This value is below the healthy minimum of 5. It has decreased from 0.14 (Mar 23) to 0.06, marking a decrease of 0.08.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of WS Industries (India) Ltd as of April 25, 2025 is: 2,242.57

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 April 25, 2025, WS Industries (India) Ltd is Undervalued by 3,360.76% compared to the current share price 64.80

Intrinsic Value of WS Industries (India) Ltd as of April 25, 2025 is: 3,092.90

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 April 25, 2025, WS Industries (India) Ltd is Undervalued by 4,672.99% compared to the current share price 64.80

Last 5 Year EPS CAGR: 37.92%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of -39.33, which is a positive sign.	The stock has a low average ROCE of -11.92%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 87.92, which may not be favorable. The company has higher borrowings (223.85) compared to reserves (-71.54), which may suggest financial risk. The company has not shown consistent growth in sales (80.23) and profit (-34.54).

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 WS Industries (India) Ltd:
1. Net Profit Margin: 14.38%
  - 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: 20.73% (Industry Average ROCE: 15.11%)
  - 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%: 39.99% (Industry Average ROE: 17.85%)
  - 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): 8.95
  - 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: 1.08
  - 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: 166 (Industry average Stock P/E: 102.54)
  - 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: 0.6
  - 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

W S Industries (India) Ltd. is a Public Limited Listed company incorporated on 23/08/1961 and has its registered office in the State of Tamil Nadu, India. Company's Corporate Identification Number(CIN) is L29142TN1961PLC004568 and registration number is 004568. Currently Company is involved in the business activities of Manufacture of other porcelain and ceramic products. Company's Total Operating Revenue is Rs. 326.38 Cr. and Equity Capital is Rs. 50.33 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Electric Equipment - General	108, Mount Poonamallee Road, Chennai (Madras) Tamil Nadu 600116	sectl@wsinsulators.com http://www.wsindustries.in

Management
Name	Position Held
Mr. S Nagarajan	Executive Chairman
Mr. C K Venkatachalam	Managing Director
Mr. S Anandavadivel	Joint Managing Director
Mr. K V Prakash	Whole Time Director
Mr. R Karthik	Independent Director
Mr. J Sridharan	Independent Director
Ms. Suguna Raghavan	Independent Director
Ms. Revathi Raghunathan	Independent Director

FAQ

What is the intrinsic value of WS Industries (India) Ltd?

WS Industries (India) Ltd's intrinsic value (as of 25 April 2025) is ₹2242.57 — 3360.76% higher the current market price of 64.80, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 411 Cr. market cap, FY2025-2026 high/low of ₹186/64.5, reserves of 160 Cr, and liabilities of 444 Cr.

What is the Market Cap of WS Industries (India) Ltd?

The Market Cap of WS Industries (India) Ltd is 411 Cr..

What is the current Stock Price of WS Industries (India) Ltd as on 25 April 2025?

The current stock price of WS Industries (India) Ltd as on 25 April 2025 is 64.8.

What is the High / Low of WS Industries (India) Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of WS Industries (India) Ltd stocks is ₹186/64.5.

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

The Stock P/E of WS Industries (India) Ltd is 166.

What is the Book Value of WS Industries (India) Ltd?

The Book Value of WS Industries (India) Ltd is 35.3.

What is the Dividend Yield of WS Industries (India) Ltd?

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

What is the ROCE of WS Industries (India) Ltd?

The ROCE of WS Industries (India) Ltd is 25.2 %.

What is the ROE of WS Industries (India) Ltd?

The ROE of WS Industries (India) Ltd is 46.9 %.

What is the Face Value of WS Industries (India) Ltd?

The Face Value of WS Industries (India) Ltd is 10.0.