BSE:526586

Stock Analysis Report

Executive Summary

Wim Plast Limited manufactures and sells various plastic products in India.

Rewards

PE ratio (9.5x) is below the Indian market (12.9x)

Earnings are forecast to grow 10.11% per year

Earnings have grown 2.9% per year over the past 5 years

Pays a reliable dividend of 1.97%

Risk Analysis

Does not have a meaningful market cap (₹4B)



Snowflake Analysis

Flawless balance sheet, good value and pays a dividend.


Similar Companies

Supreme Industries

NSEI:SUPREMEIND

Share Price & News

How has Wim Plast's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 526586 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-3.6%

526586

-0.8%

IN Consumer Durables

0.8%

IN Market


1 Year Return

-47.3%

526586

9.5%

IN Consumer Durables

3.6%

IN Market

Return vs Industry: 526586 underperformed the Indian Consumer Durables industry which returned 9.5% over the past year.

Return vs Market: 526586 underperformed the Indian Market which returned 3.6% over the past year.


Shareholder returns

526586IndustryMarket
7 Day-3.6%-0.8%0.8%
30 Day-4.3%-2.3%0.7%
90 Day-14.4%11.0%7.1%
1 Year-46.3%-47.3%10.0%9.5%5.6%3.6%
3 Year-75.3%-76.0%40.2%38.4%34.1%27.0%
5 Year-50.6%-52.7%99.8%94.7%41.4%28.6%

Price Volatility Vs. Market

How volatile is Wim Plast's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Wim Plast undervalued compared to its fair value and its price relative to the market?

9.51x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 526586 (₹355.1) is trading above our estimate of fair value (₹119.43)

Significantly Below Fair Value: 526586 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 526586 is good value based on its PE Ratio (9.5x) compared to the Consumer Durables industry average (20.7x).

PE vs Market: 526586 is good value based on its PE Ratio (9.5x) compared to the Indian market (12.9x).


Price to Earnings Growth Ratio

PEG Ratio: 526586 is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: 526586 is good value based on its PB Ratio (1.3x) compared to the IN Consumer Durables industry average (1.4x).


Next Steps

Future Growth

How is Wim Plast forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

10.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 526586's forecast earnings growth (10.1% per year) is above the savings rate (6.5%).

Earnings vs Market: 526586's earnings (10.1% per year) are forecast to grow slower than the Indian market (19.6% per year).

High Growth Earnings: 526586's earnings are forecast to grow, but not significantly.

Revenue vs Market: 526586's revenue (7.4% per year) is forecast to grow slower than the Indian market (11.6% per year).

High Growth Revenue: 526586's revenue (7.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 526586's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Wim Plast performed over the past 5 years?

2.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 526586 has high quality earnings.

Growing Profit Margin: 526586's current net profit margins (12.4%) are higher than last year (11.5%).


Past Earnings Growth Analysis

Earnings Trend: 526586's earnings have grown by 2.9% per year over the past 5 years.

Accelerating Growth: 526586's earnings growth over the past year (3.4%) exceeds its 5-year average (2.9% per year).

Earnings vs Industry: 526586 earnings growth over the past year (3.4%) underperformed the Consumer Durables industry 8.7%.


Return on Equity

High ROE: 526586's Return on Equity (13.2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Wim Plast's financial position?


Financial Position Analysis

Short Term Liabilities: 526586's short term assets (₹2.5B) exceed its short term liabilities (₹376.7M).

Long Term Liabilities: 526586's short term assets (₹2.5B) exceed its long term liabilities (₹97.0M).


Debt to Equity History and Analysis

Debt Level: 526586 is debt free.

Reducing Debt: 526586 had no debt 5 years ago.

Debt Coverage: 526586 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 526586 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 526586 has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 526586's debt is covered by short term assets.


Next Steps

Dividend

What is Wim Plast's current dividend yield, its reliability and sustainability?

1.97%

Current Dividend Yield


Dividend Yield vs Market

company2.0%marketbottom25%0.6%markettop25%2.5%industryaverage0.5%forecastin3Years2.4%

Current dividend yield vs market & industry

Notable Dividend: 526586's dividend (1.97%) is higher than the bottom 25% of dividend payers in the Indian market (0.59%).

High Dividend: 526586's dividend (1.97%) is low compared to the top 25% of dividend payers in the Indian market (2.54%).


Stability and Growth of Payments

Stable Dividend: 526586's dividends per share have been stable in the past 10 years.

Growing Dividend: 526586's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (18.7%), 526586's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Wim Plast's salary, the management and board of directors tenure and is there insider trading?

9.6yrs

Average board tenure


CEO

Pradeep Rathod (54yo)

5.5yrs

Tenure

0

Mr. Pradeep G. Rathod serves as the Chief Executive Officer and Managing Director of Wim Plast Ltd. and has been its Executive Director since October 07, 1988. 


CEO Compensation Analysis

Compensation vs Market: Pradeep's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD50.84K).

Compensation vs Earnings: Pradeep's compensation has been consistent with company performance over the past year.


Board Age and Tenure

9.6yrs

Average Tenure

73yo

Average Age

Experienced Board: 526586's board of directors are considered experienced (9.6 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Pradeep Rathod (54yo)

    CEO, MD & Executive Director

    • Tenure: 5.5yrs
  • Madhusudan Jangid

    Chief Financial Officer

    • Tenure: 0yrs
    • Compensation: ₹7.74m
  • Darsha Adodra

    Company Secretary & Compliance Officer

    • Tenure: 0.8yrs

Board Members

  • Pradeep Rathod (54yo)

    CEO, MD & Executive Director

    • Tenure: 5.5yrs
  • Pankaj Rathod (52yo)

    Non-Executive Director

    • Tenure: 9.6yrs
  • Sumermal Khinvesra (78yo)

    Independent Non-Executive Director

    • Tenure: 11.2yrs
    • Compensation: ₹150.00k
  • Ghisulal Rathod (77yo)

    Chairman

    • Tenure: 11.4yrs
  • Fatehchand Shah (74yo)

    Non-Independent Director

    • Tenure: 26.8yrs
  • Mahendra Sundesha (65yo)

    Independent Non-Executive Director

    • Tenure: 9.6yrs
    • Compensation: ₹150.00k
  • Karishma Rathod

    Non-Executive Director

    • Tenure: 5.5yrs
  • Pushapraj Singhvi (75yo)

    Independent Non-Executive Director

    • Tenure: 5.8yrs
    • Compensation: ₹60.00k
  • Sudhakar Mondkar (73yo)

    Independent Non-Executive Director

    • Tenure: 3.8yrs
    • Compensation: ₹90.00k
  • Rasna Patel (27yo)

    Independent Non Executive Director

    • Tenure: 1.1yrs

Company Information

Wim Plast Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wim Plast Limited
  • Ticker: 526586
  • Exchange: BSE
  • Founded: 1982
  • Industry: Home Furnishings
  • Sector: Consumer Durables
  • Market Cap: ₹4.262b
  • Shares outstanding: 12.00m
  • Website: https://www.cellowimplast.com

Number of Employees


Location

  • Wim Plast Limited
  • Cello House
  • 1st Floor, B Wing
  • Mumbai
  • Maharashtra
  • 400063
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
526586BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2005

Biography

Wim Plast Limited manufactures and sells various plastic products in India. It offers plastic molded furniture, extrusion sheets, center tables, utility products, dining tables, stools, material handling p ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/15 12:49
End of Day Share Price2019/12/13 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.