BSE:526586

Stock Analysis Report

Executive Summary

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


Snowflake Analysis

Flawless balance sheet, good value and pays a dividend.


Similar Companies

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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

20.5%

526586

4.7%

IN Consumer Durables

9.3%

IN Market


1 Year Return

-44.6%

526586

-9.2%

IN Consumer Durables

-24.1%

IN Market

Return vs Industry: 526586 underperformed the Indian Consumer Durables industry which returned -13.8% over the past year.

Return vs Market: 526586 underperformed the Indian Market which returned -31.7% over the past year.


Shareholder returns

526586IndustryMarket
7 Day20.5%4.7%9.3%
30 Day-1.7%-18.2%-12.6%
90 Day-16.8%-15.9%-24.1%
1 Year-42.0%-44.6%-8.5%-9.2%-22.6%-24.1%
3 Year-76.4%-77.7%-1.4%-3.1%-10.9%-15.8%
5 Year-54.9%-58.0%30.1%26.6%0.3%-4.9%

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?

7.85x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 526586 (₹275.1) is trading below our estimate of fair value (₹300.25)

Significantly Below Fair Value: 526586 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 526586 is good value based on its PE Ratio (7x) compared to the Consumer Durables industry average (15.9x).

PE vs Market: 526586 is good value based on its PE Ratio (7x) compared to the Indian market (9.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 526586's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 526586 is good value based on its PB Ratio (1x) compared to the IN Consumer Durables industry average (1.3x).


Next Steps

Future Growth

How is Wim Plast forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.3%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Wim Plast has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Wim Plast performed over the past 5 years?

1.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 526586 has high quality earnings.

Growing Profit Margin: 526586's current net profit margins (13.2%) are higher than last year (11%).


Past Earnings Growth Analysis

Earnings Trend: 526586's earnings have grown by 1.7% per year over the past 5 years.

Accelerating Growth: 526586's earnings growth over the past year (13.9%) exceeds its 5-year average (1.7% per year).

Earnings vs Industry: 526586 earnings growth over the past year (13.9%) underperformed the Consumer Durables industry 15.6%.


Return on Equity

High ROE: 526586's Return on Equity (13.8%) is considered low.


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


Next Steps

Dividend

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

2.28%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 526586's dividend (2.54%) is higher than the bottom 25% of dividend payers in the Indian market (0.96%).

High Dividend: 526586's dividend (2.54%) is low compared to the top 25% of dividend payers in the Indian market (4.06%).


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 (17.9%), 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

How experienced are the management team and are they aligned to shareholders interests?

6.2yrs

Average board tenure


CEO

Pradeep Rathod (54yo)

5.83s

Tenure

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. Mr. Rathod serves as Chairman at Wim Plast Li ...


CEO Compensation Analysis

Compensation vs Market: Pradeep's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD47.67K).

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


Board Members

NamePositionTenureCompensationOwnership
Pradeep Rathod
CEO, MD & Executive Chairman5.83yrsno data14.27% 505.6m
Pankaj Rathod
Non-Executive Director9.92yrsno data15.27% 541.1m
Sumermal Khinvesra
Independent Non-Executive Director11.5yrs₹150.00kno data
Fatehchand Shah
Non-Independent Director27.17yrsno data3.83% 135.6m
Mahendra Sundesha
Independent Non-Executive Director9.92yrs₹150.00k0.17% 5.9m
Karishma Rathod
Non-Executive Director5.83yrsno datano data
Pushapraj Singhvi
Independent Non-Executive Director6.17yrs₹60.00kno data
Sudhakar Mondkar
Independent Non-Executive Director4.08yrs₹90.00kno data
Rasna Patel
Independent Non Executive Director1.42yrsno datano data

6.2yrs

Average Tenure

69yo

Average Age

Experienced Board: 526586's board of directors are considered experienced (6.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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.


Top Shareholders

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: ₹3.544b
  • 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 products, and kids special products, as well as industrial and engineering molds, and air coolers. Wim Plast Limited was founded in 1982 and is headquartered in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/09 12:55
End of Day Share Price2020/04/09 00:00
Earnings2019/12/31
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.