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Weizmann

NSEI:WEIZMANIND
Snowflake Description

Flawless balance sheet second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WEIZMANIND
NSEI
₹699M
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Weizmann Limited engages in the textile processing business in India. The last earnings update was 225 days ago. More info.


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  • Weizmann has significant price volatility in the past 3 months.
WEIZMANIND Share Price and Events
7 Day Returns
13.3%
NSEI:WEIZMANIND
0.3%
IN Luxury
1%
IN Market
1 Year Returns
-7.5%
NSEI:WEIZMANIND
-8.7%
IN Luxury
-8.2%
IN Market
WEIZMANIND Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Weizmann (WEIZMANIND) 13.3% -5.9% -11.3% -7.5% 112.9% 375.9%
IN Luxury 0.3% -0.2% -2.3% -8.7% 55.9% 186.4%
IN Market 1% -2.2% -1.2% -8.2% 46.7% 78.8%
1 Year Return vs Industry and Market
  • WEIZMANIND outperformed the Luxury industry which returned -8.7% over the past year.
Price Volatility
WEIZMANIND
Industry
5yr Volatility vs Market

Value

 Is Weizmann 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 Weizmann 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    Our calculation method for this is changing soon.

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

NSEI:WEIZMANIND Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 13.5%
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 NSEI:WEIZMANIND
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 7.5%
Luxury Unlevered Beta Simply Wall St/ S&P Global 0.57
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.573 (1 + (1- 35%) (1%))
0.577
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.8 * 7.45%)
13.51%

Discounted Cash Flow Calculation for NSEI:WEIZMANIND using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Weizmann is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

NSEI:WEIZMANIND DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (INR, Millions) 18.23 20.20 22.38 24.80 27.49
Source Est @ 10.81% Est @ 10.81% Est @ 10.81% Est @ 10.81% Est @ 10.81%
Present Value
Discounted (@ 13.51%)
16.06 15.68 15.30 14.94 14.59
Present value of next 5 years cash flows ₹76.57
NSEI:WEIZMANIND DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= ₹27.49 × (1 + 7.55%) ÷ (13.51% – 7.55%)
₹496.00
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= ₹496.00 ÷ (1 + 13.51%)5
₹263.21
NSEI:WEIZMANIND Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= ₹76.57 + ₹263.21
₹339.78
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹339.78 / 17.27
₹19.67
NSEI:WEIZMANIND Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹19.67
Current discount Discount to share price of ₹40.45
= -1 x (₹40.45 - ₹19.67) / ₹19.67
-105.6%

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

  • The current share price of Weizmann 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 Weizmann's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Weizmann's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:WEIZMANIND PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹1.77
NSEI:WEIZMANIND Share Price ** NSEI (2019-02-22) in INR ₹40.45
India Luxury Industry PE Ratio Median Figure of 236 Publicly-Listed Luxury Companies 11.69x
India Market PE Ratio Median Figure of 2,709 Publicly-Listed Companies 15.49x

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

** Primary Listing of Weizmann.

NSEI:WEIZMANIND PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NSEI:WEIZMANIND Share Price ÷ EPS (both in INR)

= 40.45 ÷ 1.77

22.81x

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

  • Weizmann is overvalued based on earnings compared to the IN Luxury industry average.
  • Weizmann is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Weizmann's expected growth come at a high price?
Raw Data
NSEI:WEIZMANIND PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 22.81x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
19.5%per year
India Luxury Industry PEG Ratio Median Figure of 27 Publicly-Listed Luxury Companies 0.99x
India Market PEG Ratio Median Figure of 607 Publicly-Listed Companies 1.15x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Weizmann, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Weizmann's assets?
Raw Data
NSEI:WEIZMANIND PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹68.40
NSEI:WEIZMANIND Share Price * NSEI (2019-02-22) in INR ₹40.45
India Luxury Industry PB Ratio Median Figure of 306 Publicly-Listed Luxury Companies 0.71x
India Market PB Ratio Median Figure of 3,588 Publicly-Listed Companies 1.05x
NSEI:WEIZMANIND PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NSEI:WEIZMANIND Share Price ÷ Book Value per Share (both in INR)

= 40.45 ÷ 68.40

0.59x

* Primary Listing of Weizmann.

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

  • Weizmann is good value based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Weizmann'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 Luxury 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 Luxury industry average (and greater than 0)? (1 check)
  5. Weizmann has a total score of 1/6, 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 Weizmann expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Weizmann, future earnings growth has been estimated based on fundamentals.
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
19.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Weizmann expected to grow at an attractive rate?
  • Weizmann's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Weizmann's earnings growth is expected to exceed the India market average.
  • Unable to compare Weizmann's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:WEIZMANIND Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:WEIZMANIND Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 19.5%
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 18.4%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.6%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*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
NSEI:WEIZMANIND Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:WEIZMANIND Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NSEI:WEIZMANIND Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 893 47 31
2017-03-31 862 9 35
2016-03-31 571 2 39

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Weizmann's earnings are expected to grow by 19.5% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Weizmann is high growth as no revenue estimate data is available.
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
NSEI:WEIZMANIND Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Weizmann Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:WEIZMANIND Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NSEI:WEIZMANIND Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 1.77
2017-03-31 2.03
2016-03-31 2.25

*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.
  • Unable to establish if Weizmann will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Weizmann'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.
Weizmann has a total score of 2/6, 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 Weizmann performed over the past 5 years?

  • Weizmann's last earnings update was 225 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 Weizmann's growth in the last year to its industry (Luxury).
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.
  • Weizmann has delivered over 20% year on year earnings growth in the past 5 years.
  • Weizmann's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Weizmann's 1-year earnings growth is negative, it can't be compared to the IN Luxury industry average.
Earnings and Revenue History
Weizmann'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 Weizmann Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:WEIZMANIND Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 893.47 30.63 71.45
2017-03-31 861.63 35.13 44.93
2016-03-31 571.25 38.87 24.62
2015-03-31 523.91 35.09 18.15
2014-03-31 605.69 38.45 69.13
2013-03-31 550.97 -42.10 59.42
2012-03-31 495.85 27.44 46.56

*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.
  • Weizmann has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Weizmann used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Weizmann's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Weizmann'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 Luxury 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.
Weizmann 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 Weizmann'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 Weizmann's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Weizmann is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Weizmann's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Weizmann'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.
  • Debt is covered by short term assets, assets are 63.9x debt.
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 Weizmann Company Filings, last reported 10 months ago.

NSEI:WEIZMANIND Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 1,181.36 6.99 16.88
2017-03-31 818.29 1.44 19.76
2016-03-31 619.19 3.10 22.02
2015-03-31 591.65 15.34 20.30
2014-03-31 600.80 90.76 -2.98
2013-03-31 574.43 108.59 -10.07
2012-03-31 628.54 112.80 21.45
  • Weizmann's level of debt (0.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (18.9% vs 0.6% today).
  • Debt is well covered by operating cash flow (666.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 40.5x coverage).
X
Financial health checks
We assess Weizmann'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. Weizmann 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 Weizmann'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
1.24%
Current annual income from Weizmann dividends.
If you bought ₹2,000 of Weizmann shares you are expected to receive ₹25 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?
  • Weizmann's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.55%).
  • Weizmann's dividend is below the markets top 25% of dividend payers in India (2.04%).
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
NSEI:WEIZMANIND 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 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 109 Stocks 0.7%
India Market Average Dividend Yield Market Cap Weighted Average of 1397 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%

Industry and Market average data is calculated daily.

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

NSEI:WEIZMANIND Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
NSEI:WEIZMANIND Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-07-13 0.500 1.174
2018-05-29 0.500 1.298
2017-07-28 0.500 1.026
2017-05-24 0.500 1.187
2016-07-28 0.500 1.600
2015-08-10 0.500 2.681
2015-05-29 0.500 3.462
2014-08-19 0.500 4.130
2014-05-27 0.500 4.590
2013-06-03 0.500 6.956
2012-09-26 0.500 5.970
2012-08-21 0.500 5.850
2012-04-16 0.500 6.042
2011-10-05 0.500 5.961
2010-11-30 0.500 3.716
2010-11-29 0.500 0.634
2009-08-19 0.500 1.159
2009-06-02 0.500 2.518
2009-02-27 0.500 3.779

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.
  • No dividend growth in 10 years.
Current Payout to shareholders
What portion of Weizmann's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.5x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Weizmann'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 Weizmann afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Weizmann has a total score of 3/6, 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 Weizmann'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
Neelkamal Siraj
COMPENSATION ₹5,000,000
AGE 65
TENURE AS CEO 2.8 years
CEO Bio

Mr. Neelkamal Vrajlal Siraj, B.Com, has been the Managing Director and Vice Chairman of Weizmann Limited since April 11, 2016 and its Non Executive Non Independent of Weizmann Limited., since June 14, 1995. Mr. Siraj has been a Non-Executive Non-Independent Director of Weizmann Forex Limited since September 01, 2005. Mr. Shri Siraj serves as a Director at Chanakya Holdings Ltd., Hansneel Impex Private Ltd., Karma Energy Ltd., Sitex India Private Ltd. Mr. Siraj has 25 years experience in textile industry particularly relating to manufacture of textile products and marketing textile products overseas. He was instrumental in developing market in Africa and other countries for textile products of Weizmann and over a period creating a brand image for Weizmann textile products.

CEO Compensation
  • Neelkamal's compensation has been consistent with company performance over the past year.
  • Neelkamal's remuneration is higher than average for companies of similar size in India.
Management Team Tenure

Average tenure of the Weizmann management team in years:

2.8
Average Tenure
  • The tenure for the Weizmann management team is about average.
Management Team

Neelkamal Siraj

TITLE
Vice Chairman & MD
COMPENSATION
₹5M
AGE
65
TENURE
2.8 yrs

Navneet Pandya

TITLE
Chief Financial Officer
COMPENSATION
₹2M

Chetan Mehra

TITLE
Non-Executive Non Independent Director
COMPENSATION
₹20K
AGE
52

Jivanraj Ranka

TITLE
President
TENURE
2.8 yrs

Ami Purohit

TITLE
Company Secretary & Compliance Officer
TENURE
0.3 yrs
Board of Directors Tenure

Average tenure and age of the Weizmann board of directors in years:

4
Average Tenure
60.5
Average Age
  • The tenure for the Weizmann board of directors is about average.
Board of Directors

Dharmendra Siraj

TITLE
Chairman
COMPENSATION
₹34K
AGE
67
TENURE
4 yrs

Neelkamal Siraj

TITLE
Vice Chairman & MD
COMPENSATION
₹5M
AGE
65
TENURE
2.8 yrs

Chetan Mehra

TITLE
Non-Executive Non Independent Director
COMPENSATION
₹20K
AGE
52
TENURE
2.8 yrs

Ganesh Kamath

TITLE
Non-Executive Independent Director
COMPENSATION
₹27K
AGE
76
TENURE
4.2 yrs

Balady Shetty

TITLE
Non-Executive Independent Director
COMPENSATION
₹32K
TENURE
4.2 yrs

Hitesh Siraj

TITLE
Non-Executive Non Independent Director
COMPENSATION
₹15K
AGE
54
TENURE
17.8 yrs

Smita Davda

TITLE
Non-Executive Independent Director
COMPENSATION
₹17K
AGE
56
TENURE
3.9 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 (₹)
10. Apr 18 Sell Shweta Siraj Individual 06. Apr 18 06. Apr 18 -174,944 ₹44.75 ₹-7,828,734
10. Apr 18 Buy Dharmendra Siraj Individual 06. Apr 18 06. Apr 18 174,944 ₹44.75 ₹7,828,734
X
Management checks
We assess Weizmann'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. Weizmann 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

Weizmann Limited (NSE:WEIZMANIND): Does The -13% Earnings Drop Reflect A Longer Term Trend?

When Weizmann Limited (NSE:WEIZMANIND) announced its most recent earnings (31 March 2018), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … WEIZMANIND's trailing twelve-month earnings (from 31 March 2018) of ₹31m has. … Furthermore, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 28%, indicating the rate at which WEIZMANIND is growing has slowed down

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Weizmann Limited (NSE:WEIZMANIND): A Look At Return On Capital

Your return is tied to WEIZMANIND’s ability to do this because the amount earned is used to invest in opportunities to grow the business or payout dividends, which are the two sources of return on investment. … Therefore, looking at how efficiently Weizmann is able to use capital to create earnings will help us understand your potential return. … Investors use many different metrics but the analysis below focuses on return on capital employed (ROCE).

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Do Insiders Own Lots Of Shares In Weizmann Limited (NSE:WEIZMANIND)?

If you want to know who really controls Weizmann Limited (NSE:WEIZMANIND), then you'll have to look at the makeup of its share registry. … Our analysis of the ownership of the company, below, shows that. … institutions are not on the share registry

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Should You Be Tempted To Sell Weizmann Limited (NSE:WEIZMANIND) Because Of Its P/E Ratio?

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … We'll look at Weizmann Limited's (NSE:WEIZMANIND) P/E ratio and reflect on what it tells us about the company's share price. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

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Weizmann Limited (NSE:WEIZMANIND)'s Return on Capital

As a result, your investment is being put to work to fund operations and if you want to earn an attractive return on your investment, the business needs to be making an adequate amount of money from the funds you provide. … Your return is tied to WEIZMANIND’s ability to do this because the amount earned is used to invest in opportunities to grow the business or payout dividends, which are the two sources of return on investment. … Thus, to understand how your money can grow by investing in Weizmann, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE)

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Is Weizmann Limited's (NSE:WEIZMANIND) CEO Paid Enough To Stay Motivated?

Recognizing whether CEO incentives are aligned with shareholders is a crucial part of investing. … Incentives can be in the form of compensation, which should always be structured in a way that promotes value-creation to shareholders. … CEOs leading companies of similar size and profitability

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Should You Be Concerned About Weizmann Limited's (NSE:WEIZMANIND) Shareholders?

In this analysis, my focus will be on developing a perspective on Weizmann Limited’s (NSE:WEIZMANIND) latest ownership structure, a less discussed, but important factor. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders. … Check out our latest analysis for Weizmann

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Is Weizmann Limited's (NSE:WEIZMANIND) PE Ratio A Signal To Sell For Investors?

and want to better understand how you can grow your money by investing in Weizmann Limited (NSE:WEIZMANIND). … Weizmann Limited (NSE:WEIZMANIND) is trading with a trailing P/E of 21.7x, which is higher than the industry average of 16x. … While WEIZMANIND might seem like a stock to avoid or sell if you own it, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions

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Who Are The Largest Shareholders In Weizmann Limited (NSEI:WEIZMANIND)?

View our latest analysis for Weizmann NSEI:WEIZMANIND Ownership_summary Dec 5th 17 Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Private Company Ownership Another important group of owners for potential investors in WEIZMANIND are private companies that hold a stake of 52.71% in WEIZMANIND.

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Company Info

Map
Description

Weizmann Limited engages in the textile processing business in India. The company offers cotton voiles, pracales, and African prints. Weizmann Limited also exports its products primarily to Africa. The company was formerly known as Weizmann Industries Ltd and changed its name to Weizmann Limited in 1994. Weizmann Limited was incorporated in 1985 and is based in Mumbai, India.

Details
Name: Weizmann Limited
WEIZMANIND
Exchange: NSEI
Founded: 1985
₹698,633,631
17,271,536
Website: http://www.weizmann.co.in
Address: Weizmann Limited
Empire House,
214, Dr. D.N. Road,
Mumbai,
Maharashtra, 400001,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NSEI WEIZMANIND Equity Shares National Stock Exchange of India IN INR 15. May 1995
BSE 523011 Equity Shares Mumbai Stock Exchange IN INR 15. May 1995
Number of employees
Current staff
Staff numbers
0
Weizmann employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/23 12:58
End of day share price update: 2019/02/22 00:00
Last estimates confirmation: 2018/05/29
Last earnings filing: 2018/07/13
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.