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Welcast Steels Ltd

ZWELCAST

Welcast Steels Ltd

ZWELCAST
MaterialsMetals - Diversified
SmallcapWith a market cap of ₹85 cr, stock is ranked 3,195
High RiskStock is 3.11x as volatile as Nifty
1,325.100.67% (-8.90)
1,325.100.67% (-8.90)

Price Chart

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MaterialsMetals - Diversified
SmallcapWith a market cap of ₹85 cr, stock is ranked 3,195
High RiskStock is 3.11x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

MaterialsMetals - Diversified
SmallcapWith a market cap of ₹85 cr, stock is ranked 3,195
High RiskStock is 3.11x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
44.582.150.18%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
30.033.411.36%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Welcast Steels Limited is engaged in manufacturing and marketing a range of high chrome grinding media balls, which are used in the process of crushing/grinding in the cement and mining industries, and thermal power plants.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of -18.91%, vs industry avg of 9.06%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 0.24% to 0.05%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 23.28%, vs industry avg of -4.85%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue120.05201.94234.37270.12150.8398.4186.6994.6794.7088.24
Raw Materialssubtract119.15198.68230.85266.14149.2098.1085.9789.7586.8484.90
Power & Fuel Costsubtract
Employee Costsubtract
Selling & Administrative Expensessubtract
Operating & Other expensessubtract
Depreciation/Amortizationsubtract0.950.820.900.841.341.431.080.900.750.75
Interest & Other Itemssubtract0.280.030.360.360.340.280.181.630.11
Taxes & Other Itemssubtract-0.010.640.670.940.220.42-0.05-0.251.760.65
EPS-4.9027.6624.9728.82-4.12-28.52-7.7041.3782.2430.40
DPS2.502.50
Payout ratio0.000.000.000.000.000.000.000.000.030.08

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

Oct 31PDF
Oct 31PDF
 

Peers & Comparison

Comparing 3 stocks from 
MaterialsMetals - Diversified

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Welcast Steels Ltd16.502.150.18%
Vedanta Ltd45.754.615.66%
NLC India Ltd18.341.761.22%
Mishra Dhatu Nigam Ltd74.185.160.39%

Price Comparison

Compare ZWELCAST with any stock or ETF
Compare ZWELCAST with any stock or ETF
ZWELCAST
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding74.85%0.00%0.01%0.00%25.14%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep0.00%0.00%0.00%0.00%0.00%0.00%

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateAug 26, 2024

Final
Final | Div/Share: ₹2.50

Dividend/Share

2.50

Ex DateEx Date

Aug 26, 2024

Cash Dividend

Ex DateEx DateSep 5, 2023

Final
Final | Div/Share: ₹2.50

Dividend/Share

2.50

Ex DateEx Date

Sep 5, 2023

Cash Dividend

Ex DateEx DateJul 31, 2019

Final
Final | Div/Share: ₹2.50

Dividend/Share

2.50

Ex DateEx Date

Jul 31, 2019

Cash Dividend

Ex DateEx DateAug 1, 2018

Final
Final | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Aug 1, 2018

Cash Dividend

Ex DateEx DateAug 4, 2017

Final
Final | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Aug 4, 2017

News & Opinions
Earnings
Welcast Steels reports standalone net loss of Rs 0.06 crore in the September 2024 quarter

Net loss of Welcast Steels reported to Rs 0.06 crore in the quarter ended September 2024 as against net profit of Rs 2.09 crore during the previous quarter ended September 2023. Sales declined 37.98% to Rs 16.07 crore in the quarter ended September 2024 as against Rs 25.91 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales16.0725.91 -38 OPM %-1.122.97 - PBDT0.112.97 -96 PBT-0.082.79 PL NP-0.062.09 PL Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Welcast Steels to announce Quarterly Result

Welcast Steels will hold a meeting of the Board of Directors of the Company on 29 October 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Earnings
Welcast Steels reports standalone net loss of Rs 0.58 crore in the June 2024 quarter

Net loss of Welcast Steels reported to Rs 0.58 crore in the quarter ended June 2024 as against net profit of Rs 0.59 crore during the previous quarter ended June 2023. Sales rose 25.88% to Rs 24.37 crore in the quarter ended June 2024 as against Rs 19.36 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales24.3719.36 26 OPM %-4.603.51 - PBDT-0.610.96 PL PBT-0.780.79 PL NP-0.580.59 PL Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Welcast Steels to conduct board meeting

Welcast Steels will hold a meeting of the Board of Directors of the Company on 7 August 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live