Welcast Steels Limited

Company Profile

Welcast Steels Limited had its IPO on under the ticker symbol 504988.

The company operates in the Other sector and Other industry. Welcast Steels Limited has a staff strength of 176 employees.

Stock update

Shares of Welcast Steels Limited opened at ₹795 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹749.5 - ₹810, and closed at ₹780.

This is a -0.77% slip from the previous day's closing price.

A total volume of 122 shares were traded at the close of the day’s session.

In the last one week, shares of Welcast Steels Limited have slipped by -3.45%.

Welcast Steels Limited's Key Ratios

Welcast Steels Limited has a market cap of ₹218.09 million, indicating a price to book ratio of 0.6776 and a price to sales ratio of 0.1774.

In the last 12-months Welcast Steels Limited’s revenue was ₹1.23 billion with a gross profit of ₹589.10 million and an EBITDA of ₹10.78 million. The EBITDA ratio measures Welcast Steels Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Welcast Steels Limited’s operating margin was -0.29% while its return on assets stood at -0.46% with a return of equity of -11.97%.

In Q3, Welcast Steels Limited’s quarterly earnings growth was a negative -91.4% while revenue growth was a negative 22.3%.

Welcast Steels Limited’s PE and PEG Ratio

Forward PE

0

Trailing PE

23.3799

PEG

Its diluted EPS in the last 12-months stands at ₹-62.176 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Welcast Steels Limited’s profitability.

Welcast Steels Limited stock is trading at a EV to sales ratio of 0.1851 and a EV to EBITDA ratio of 57.9323. Its price to sales ratio in the trailing 12-months stood at 0.1774.

Welcast Steels Limited stock pays annual dividends of ₹2 per share, indicating a yield of 0.25% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

₹462.06 million

Total Liabilities

₹104.12 million

Operating Cash Flow

₹-146466000.00

Capital Expenditure

₹1.19 million

Dividend Payout Ratio

0%

Welcast Steels Limited ended 2024 with ₹462.06 million in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹462.06 million while shareholder equity stood at ₹353.11 million.

Welcast Steels Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹104.12 million in other current liabilities, 6384000.00 in common stock, ₹346.73 million in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹0 and cash and short-term investments were ₹185.49 million. The company’s total short-term debt was ₹0 while long-term debt stood at ₹0.00.

Welcast Steels Limited’s total current assets stands at ₹384.53 million while long-term investments were ₹0 and short-term investments were ₹175.04 million. Its net receivables were ₹53.73 million compared to accounts payable of ₹0 and inventory worth ₹131.44 million.

In 2024, Welcast Steels Limited's operating cash flow was ₹-146466000.00 while its capital expenditure stood at ₹1.19 million.

Comparatively, Welcast Steels Limited paid ₹0 in dividends in 2024.

Other key metrics

Current Trading Price

₹780

52-Week High

₹1261.3

52-Week Low

₹533

Analyst Target Price

₹

Welcast Steels Limited stock is currently trading at ₹780 per share. It touched a 52-week high of ₹1261.3 and a 52-week low of ₹1261.3. Analysts tracking the stock have a 12-month average target price of ₹.

Its 50-day moving average was ₹824.31 and 200-day moving average was ₹752.8 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 8108.7% of the company’s stock are held by insiders while 0% are held by institutions.