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Wim Plast

BSE:526586
Snowflake Description

Flawless balance sheet established dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
526586
BSE
₹6B
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Wim Plast Limited manufactures and sells plastic molded furniture articles and plastic extrusion sheets in India. The last earnings update was 315 days ago. More info.


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  • Wim Plast has significant price volatility in the past 3 months.
526586 Share Price and Events
7 Day Returns
-2%
BSE:526586
-1.4%
IN Consumer Durables
-0.1%
IN Market
1 Year Returns
-51.6%
BSE:526586
-16.2%
IN Consumer Durables
-3.7%
IN Market
526586 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Wim Plast (526586) -2% -15% -14.9% -51.6% -55% 18.3%
IN Consumer Durables -1.4% -6.7% 6% -16.2% 52.2% 191%
IN Market -0.1% -5% 5.7% -3.7% 34.5% 38.6%
1 Year Return vs Industry and Market
  • 526586 underperformed the Consumer Durables industry which returned -16.2% over the past year.
  • 526586 underperformed the Market in India which returned -3.7% over the past year.
Price Volatility
526586
Industry
5yr Volatility vs Market

Value

 Is Wim Plast undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Wim Plast to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Wim Plast.

BSE:526586 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 15.5%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:526586
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Consumer Durables Unlevered Beta Simply Wall St/ S&P Global 0.9
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.896 (1 + (1- 35%) (0%))
0.93
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.93
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.93 * 8.6%)
15.55%

Discounted Cash Flow Calculation for BSE:526586 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Wim Plast is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BSE:526586 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 15.55%)
2019 275.00 Analyst x1 238.00
2020 111.00 Analyst x1 83.14
2021 188.00 Analyst x1 121.86
2022 233.88 Est @ 24.4% 131.20
2023 279.12 Est @ 19.35% 135.51
2024 323.25 Est @ 15.81% 135.82
2025 366.34 Est @ 13.33% 133.21
2026 408.82 Est @ 11.6% 128.65
2027 451.26 Est @ 10.38% 122.90
2028 494.28 Est @ 9.53% 116.50
Present value of next 10 years cash flows ₹1,346.79
BSE:526586 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹494.28 × (1 + 7.55%) ÷ (15.55% – 7.55%)
₹6,646.34
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹6,646.34 ÷ (1 + 15.55%)10
₹1,566.55
BSE:526586 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹1,346.79 + ₹1,566.55
₹2,913.34
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹2,913.34 / 12.00
₹242.71
BSE:526586 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹242.71
Current discount Discount to share price of ₹464.55
= -1 x (₹464.55 - ₹242.71) / ₹242.71
-91.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Wim Plast is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Wim Plast's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Wim Plast's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:526586 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹37.10
BSE:526586 Share Price ** BSE (2019-05-20) in INR ₹464.55
India Consumer Durables Industry PE Ratio Median Figure of 41 Publicly-Listed Consumer Durables Companies 27.96x
India Market PE Ratio Median Figure of 2,759 Publicly-Listed Companies 15.1x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Wim Plast.

BSE:526586 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:526586 Share Price ÷ EPS (both in INR)

= 464.55 ÷ 37.10

12.52x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Wim Plast is good value based on earnings compared to the IN Consumer Durables industry average.
  • Wim Plast is good value based on earnings compared to the India market.
Price based on expected Growth
Does Wim Plast's expected growth come at a high price?
Raw Data
BSE:526586 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.52x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
3.1%per year
India Consumer Durables Industry PEG Ratio Median Figure of 12 Publicly-Listed Consumer Durables Companies 2.12x
India Market PEG Ratio Median Figure of 558 Publicly-Listed Companies 1.25x

*Line of best fit is calculated by linear regression .

BSE:526586 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 12.52x ÷ 3.1%

4.08x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Wim Plast is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Wim Plast's assets?
Raw Data
BSE:526586 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹247.24
BSE:526586 Share Price * BSE (2019-05-20) in INR ₹464.55
India Consumer Durables Industry PB Ratio Median Figure of 47 Publicly-Listed Consumer Durables Companies 1.57x
India Market PB Ratio Median Figure of 3,638 Publicly-Listed Companies 1.02x
BSE:526586 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:526586 Share Price ÷ Book Value per Share (both in INR)

= 464.55 ÷ 247.24

1.88x

* Primary Listing of Wim Plast.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Wim Plast is overvalued based on assets compared to the IN Consumer Durables industry average.
X
Value checks
We assess Wim Plast's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Durables industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Durables industry average (and greater than 0)? (1 check)
  5. Wim Plast has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
3.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Wim Plast expected to grow at an attractive rate?
  • Wim Plast's earnings growth is positive but not above the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Wim Plast's earnings growth is positive but not above the India market average.
  • Wim Plast's revenue growth is positive but not above the India market average.
Annual Growth Rates Comparison
Raw Data
BSE:526586 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:526586 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 3.1%
BSE:526586 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 4.8%
India Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 18.2%
India Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 13.5%
India Market Earnings Growth Rate Market Cap Weighted Average 16.9%
India Market Revenue Growth Rate Market Cap Weighted Average 10.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:526586 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:526586 Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 4,387 538 476 1
2020-03-31 4,038 461 441 1
2019-03-31 3,656 625 398 1
BSE:526586 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 3,877 247 445
2017-12-31 3,824 456
2017-09-30 3,719 451
2017-06-30 3,507 444
2017-03-31 3,516 492 486
2016-12-31 3,567 483
2016-09-30 3,676 497
2016-06-30 3,719 492
2016-03-31 3,591 371 451
2015-12-31 3,626 428
2015-09-30 3,608 406
2015-06-30 3,698 400

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Wim Plast's earnings are expected to grow by 3.1% yearly, however this is not considered high growth (20% yearly).
  • Wim Plast's revenue is expected to grow by 4.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:526586 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Wim Plast Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:526586 Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 39.60 39.60 39.60 1.00
2020-03-31 36.70 36.70 36.70 1.00
2019-03-31 33.10 33.10 33.10 1.00
BSE:526586 Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 37.10
2017-12-31 37.79
2017-09-30
2017-06-30 36.95
2017-03-31 40.47
2016-12-31 40.26
2016-09-30 41.37
2016-06-30 40.99
2016-03-31 37.61
2015-12-31 35.62
2015-09-30 33.84
2015-06-30 33.29

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Wim Plast is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Wim Plast's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Wim Plast has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Wim Plast performed over the past 5 years?

  • Wim Plast's last earnings update was 315 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Wim Plast's growth in the last year to its industry (Consumer Durables).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if Wim Plast's year on year earnings growth rate was positive over the past 5 years.
  • Wim Plast's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Wim Plast's 1-year earnings growth is negative, it can't be compared to the IN Consumer Durables industry average.
Earnings and Revenue History
Wim Plast's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Wim Plast Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:526586 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 3,877.01 445.34 340.01
2017-12-31 3,824.44 455.97 301.99
2017-09-30 3,719.45 450.85 295.51
2017-06-30 3,507.06 443.63 287.41
2017-03-31 3,516.48 485.81 305.24
2016-12-31 3,566.83 483.23 279.97
2016-09-30 3,675.58 496.53 271.94
2016-06-30 3,718.66 492.03 261.41
2016-03-31 3,590.76 451.46 253.20
2015-12-31 3,625.81 427.63 376.48
2015-09-30 3,607.56 406.23 365.96
2015-06-30 3,697.88 399.65 359.29
2015-03-31 3,660.26 383.56 183.89
2014-12-31 3,427.39 340.29 265.04
2014-09-30 3,268.30 333.78 260.72
2014-06-30 3,046.32 327.36 255.72
2014-03-31 2,963.71 325.15 252.75
2013-12-31 2,819.46 305.46 208.36
2013-09-30 2,726.44 298.48 203.24
2013-06-30 2,629.73 293.54 197.10
2013-03-31 2,480.76 282.54 190.59
2012-12-31 2,428.03 278.55 160.82
2012-09-30 2,342.46 267.41 155.43
2012-06-30 2,213.19 250.01 64.29

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Wim Plast has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Wim Plast used its assets more efficiently than the IN Consumer Durables industry average last year based on Return on Assets.
  • Wim Plast's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Wim Plast's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Durables industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Wim Plast has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Wim Plast's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Wim Plast's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Wim Plast is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Wim Plast's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Wim Plast's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Wim Plast has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Wim Plast Company Filings, last reported 1 year ago.

BSE:526586 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 2,967.70 0.00 264.58
2017-12-31 2,713.35 0.00 134.38
2017-09-30 2,713.35 0.00 134.38
2017-06-30 2,626.57 0.00 380.94
2017-03-31 2,624.02 0.00 370.83
2016-12-31 2,366.69 0.00 490.54
2016-09-30 2,366.69 0.00 490.54
2016-06-30 2,140.30 0.00 252.07
2016-03-31 2,140.30 0.00 252.07
2015-12-31 1,956.80 0.00 157.00
2015-09-30 1,956.80 0.00 157.00
2015-06-30 1,775.52 0.00 143.59
2015-03-31 1,775.52 0.00 143.59
2014-12-31 1,627.15 0.00 34.92
2014-09-30 1,627.15 0.00 34.92
2014-06-30 1,509.14 0.00 47.85
2014-03-31 1,509.14 0.00 47.85
2013-12-31 1,397.16 16.34 14.00
2013-09-30 1,397.16 16.34 14.00
2013-06-30 1,247.18 0.00 27.41
2013-03-31 1,247.18 0.00 27.41
2012-12-31 1,154.86 8.01 20.14
2012-09-30 1,154.86 8.01 20.14
2012-06-30 1,020.82 0.00 18.06
  • Wim Plast has no debt.
  • Wim Plast had no debt 5 years ago.
  • Wim Plast has no debt, it does not need to be covered by operating cash flow.
  • Wim Plast has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Wim Plast's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Wim Plast has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.51%
Current annual income from Wim Plast dividends. Estimated to be 2.26% next year.
If you bought ₹2,000 of Wim Plast shares you are expected to receive ₹30 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Wim Plast's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.55%).
  • Wim Plast's dividend is below the markets top 25% of dividend payers in India (2.09%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:526586 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
India Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 0.5%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:526586 Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2021-03-31 11.00 1.00
2020-03-31 10.00 1.00
2019-03-31 9.00 1.00
BSE:526586 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-07-09 7.000 1.004
2018-05-29 7.000 0.789
2017-07-18 7.000 0.550
2016-03-08 6.000 0.477
2015-05-25 5.000 0.520
2014-07-15 4.500 0.685
2014-05-26 4.500 1.082
2013-06-28 4.000 2.023
2013-05-20 4.000 2.189
2012-08-16 3.000 1.685
2012-05-21 3.000 2.611
2011-05-27 2.250 2.289
2010-05-27 2.000 2.082
2009-06-01 1.750 3.018

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Wim Plast's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (5.3x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.6x coverage).
X
Income/ dividend checks
We assess Wim Plast's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Wim Plast afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Wim Plast has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Pradeep Rathod
COMPENSATION ₹24,000,000
AGE 54
TENURE AS CEO 4.9 years
CEO Bio

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
  • Pradeep's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Pradeep's remuneration is higher than average for companies of similar size in India.
Management Team

Pradeep Rathod

TITLE
CEO, MD & Executive Director
COMPENSATION
₹24M
AGE
54
TENURE
4.9 yrs

Madhusudan Jangid

TITLE
Chief Financial Officer
COMPENSATION
₹8M

Pankaj Rathod

TITLE
Whole Time Director
COMPENSATION
₹12M
AGE
51

Darsha Adodra

TITLE
Company Secretary and Compliance Officer
TENURE
0.2 yrs
Board of Directors Tenure

Average tenure and age of the Wim Plast board of directors in years:

9
Average Tenure
74
Average Age
  • The tenure for the Wim Plast board of directors is about average.
Board of Directors

Ghisulal Rathod

TITLE
Chairman
AGE
77
TENURE
10.8 yrs

Pradeep Rathod

TITLE
CEO, MD & Executive Director
COMPENSATION
₹24M
AGE
54
TENURE
30.6 yrs

Pankaj Rathod

TITLE
Whole Time Director
COMPENSATION
₹12M
AGE
51
TENURE
9 yrs

S. Khinvesra

TITLE
Independent Non-Executive Director
COMPENSATION
₹150K
AGE
78
TENURE
10.6 yrs

Mahendra Sundesha

TITLE
Non-Executive Independent Director
COMPENSATION
₹150K
AGE
65
TENURE
9 yrs

Pushp Singhvi

TITLE
Non-Executive Independent Director
COMPENSATION
₹60K
AGE
75
TENURE
5.3 yrs

Sudhakar Mondkar

TITLE
Independent Non-Executive Director
COMPENSATION
₹90K
TENURE
3.2 yrs

Fatechand Shah

TITLE
Non-Executive Director
AGE
73

Prem Manghani

TITLE
Non-Executive Independent Director
COMPENSATION
₹45K
AGE
78
TENURE
6.8 yrs

Karishma Rathod

TITLE
Non-Executive Director
TENURE
4.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
25. Jun 18 Sell Mahendra Sundesha Individual 20. Jun 18 20. Jun 18 -2,000 ₹858.68 ₹-1,717,358
X
Management checks
We assess Wim Plast's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Wim Plast has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is Wim Plast Limited's (BOM:526586) ROE Of 14.98% Sustainable?

and want to begin learning the link between Wim Plast Limited (BOM:526586)’s return fundamentals and stock market performance. … With an ROE of 14.98%, Wim Plast Limited (BOM:526586) returned in-line to its own industry which delivered 13.25% over the past year. … Return on Equity (ROE) weighs Wim Plast’s profit against the level of its shareholders’ equity.

Simply Wall St -

Company Info

Description

Wim Plast Limited manufactures and sells plastic molded furniture articles and plastic extrusion sheets in India. It offers center tables, utility products, dining tables, stools, material handling products, and kids special products, as well as industrial and engineering molds and air coolers. The company was founded in 1982 and is headquartered in Mumbai, India.

Details
Name: Wim Plast Ltd.
526586
Exchange: BSE
Founded: 1982
₹5,527,547,280
12,003,360
Website: http://www.cellowimplast.com
Address: Wim Plast Ltd.
Cello House,
1st Floor, B Wing,
Mumbai,
Maharashtra, 400063,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 526586 Equity Shares Mumbai Stock Exchange IN INR 13. Dec 2005
Number of employees
Current staff
Staff numbers
0
Wim Plast employees.
Industry
Home Furnishings
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/20 12:44
End of day share price update: 2019/05/20 00:00
Last estimates confirmation: 2019/03/28
Last earnings filing: 2018/07/09
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.