Table of Contents
Weizmann Forex is a part of the INR 45 billion Weizmann Group, with business interests in textile manufacturing and exports, hydro and wind-power generation, as well as foreign exchange transactions and inward money transfer. Below is the details of WEIZFOREX Weizmann Forex Ltd Quarterly reports are issued by companies every three months. Most companies have a financial year-end of Mar. 31 and quarters that end on June 30, Sept. 30, Dec. 31 and March 31. Standalone Figures in The profit and loss (P&L) statement is a financial statement that summarizes the revenues, costs and expenses incurred during a specified period, usually a fiscal quarter or year. The P&L statement is synonymous with the income statement. These records provide information about a company's ability or inability to generate profit" by increasing revenue, reducing costs or both. Some refer to the P&L statement as a statement of profit and loss, income statement, statement of operations, statement of financial results or income, earnings statement or expense statement. Standalone Figures in A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity at a specific point in time, and provides a basis for computing rates of return and evaluating its capital structure. It is a financial statement that provides a snapshot of what a company owns and owes, as well as the amount invested by shareholders. It is used alongside other important financial statements such as the income statement and statement of cash flows in conducting fundamental analysis or calculating financial ratios. Standalone Figures in Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company’s ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow. Standalone Figures in Weizmann Forex Ltd
Stock/Share Code - WEIZFOREX
Market Cap Cr. Current Price 52 Week High / Low Price / Face Value Stock P/E Book Value Dividend Yield % ROCE % ROE % Sales Growth (3yrs) % Sector Finance Industry Finance & Investments Weizmann Forex Ltd Peer Comparison in Finance
S.No. Name CMP Rs. P/E Mar Cap Rs.Cr. Div Yld % NP Qtr Rs.Cr. Qtr Profit Var % Qtr Sales Var % Sales Qtr Rs.Cr. ROCE % 1. 51.42 ₹262,381.56 Cr. 0.13 ₹1,488.15 Cr. 45.51 35.33 6303.56 13.02 2. Bajaj Finserv 35.35 ₹141,862.94 Cr. 0.03 ₹1,125.64 Cr. 32.35 30.68 14558.92 14.02 3. HDFC AMC 50.37 ₹64,918.78 Cr. 0.79 ₹352.55 Cr. 44.93 9.99 524.73 51.64 4. Bajaj Holdings 11.56 ₹37,770.71 Cr. 0.96 ₹777.65 Cr. -0.44 -20.76 86.86 12.16 5. Muthoot Finance 12.76 ₹34,487.32 Cr. 1.39 ₹803.41 Cr. 65.57 34.57 2310.00 16.22 6. Shriram Trans. 9.59 ₹29,122.32 Cr. 0.93 ₹882.19 Cr. 38.15 7.39 4286.04 11.36 7. Cholaman.Inv.&Fn 18.68 ₹24,463.87 Cr. 0.42 ₹389.16 Cr. 21.93 24.39 2289.06 10.81 8. Weizmann For. ₹395.82 Cr. 0.00 ₹20.31 Cr. 3463.16 -37.89 1365.75 -5.98
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Quarterly Results
Rs. Crores
Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Sales - 1,408.07 2,057.21 2,042.78 1,827.34 1,764.47 2,474.48 2,516.80 2,199.06 1,971.94 1,950.95 1,739.79 1,365.75 YOY Sales Growth % 26.19% 38.7% 29.13% 20.62% 25.31% 20.28% 23.2% 20.34% 11.76% -21.16% -30.87% -37.89% Expenses - 1,389.23 2,046.96 2,020.07 1,808.40 1,761.08 2,461.37 2,522.62 2,198.25 2,031.33 1,922.64 1,725.00 1,324.01 Material Cost % 95.67% 97.75% 97.11% 96.89% 97.53% 97.86% 98.16% 97.75% 97.7% 97.87% 97.75% 95.29% Employee Cost % 0.83% 0.5% 0.64% 0.71% 0.7% 0.55% 0.48% 0.61% 0.77% 0.45% 0.34% 0.46% Operating Profit 18.84 10.25 22.71 18.94 3.39 13.11 -5.82 0.81 -59.39 28.31 14.79 41.74 OPM % 1.34% 0.50% 1.11% 1.04% 0.19% 0.53% -0.23% 0.04% -3.01% 1.45% 0.85% 3.06% Other Income 1.72 3.81 1.07 0.85 2.35 0.59 25.42 2.33 0.73 2.46 2.25 2.62 Interest 2.99 1.75 1.50 1.43 2.13 1.07 1.19 2.23 0.79 2.04 3.15 3.87 Depreciation 1.04 1.15 1.02 1.11 1.18 1.13 1.05 0.79 0.72 9.46 9.32 9.32 Profit before tax 16.53 11.16 21.26 17.25 2.43 11.50 17.36 0.12 -60.17 19.27 4.57 31.17 Tax % 36.54% 37.63% 31.04% 34.72% 48.15% 38.96% 10.54% -383.33% 38.92% 89.52% 21.44% 34.84% Net Profit 10.49 6.96 14.66 11.27 1.26 7.03 15.52 0.57 -36.75 2.02 3.59 20.31 EPS in Rs 9.07 6.01 12.70 9.67 1.10 6.08 13.42 0.50 -32.28 1.81 3.23 18.25 Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Profit & Loss
Rs. Crores
Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM Sales - 0.00 3,459.15 4,229.53 4,469.49 4,694.84 4,464.43 4,786.80 5,992.40 7,696.00 9,163.53 7,028.43 Sales Growth % % % 22.27% 5.67% 5.04% -4.91% 7.22% 25.19% 28.43% 19.07% % Expenses - 0.00 3,433.95 4,192.92 4,428.33 4,649.14 4,419.99 4,737.17 5,940.21 7,636.52 9,200.62 7,002.98 Material Cost % % 96.83% 96.76% 96.59% 96.44% 96.04% 96.07% 96.59% 97.27% 97.87% % Manufacturing Cost % % 0.08% 0.03% 0.04% 0.05% 0.07% 0.06% 0.05% 0.04% 0.03% % Employee Cost % % 0.75% 0.67% 0.66% 0.66% 0.78% 0.75% 0.68% 0.63% 0.59% % Other Cost % % 1.6% 1.67% 1.79% 1.87% 2.12% 2.08% 1.81% 1.29% 1.92% % Operating Profit 0.00 25.20 36.61 41.16 45.70 44.44 49.63 52.19 59.48 -37.09 25.45 OPM % 0.73% 0.87% 0.92% 0.97% 1.00% 1.04% 0.87% 0.77% -0.40% 0.36% Other Income 0.00 4.47 11.50 6.43 0.36 1.83 2.73 -0.32 3.88 10.50 8.06 Interest 0.02 7.01 13.32 13.15 12.92 11.43 12.56 10.86 6.81 4.43 9.85 Depreciation 0.00 2.24 4.18 4.48 4.46 5.48 4.70 4.57 4.45 2.73 28.82 Profit before tax -0.02 20.42 30.61 29.96 28.68 29.36 35.10 36.44 52.10 -33.75 -5.16 Tax % -0.00% 34.38% 33.29% 31.71% 36.23% 36.55% 37.66% 36.80% 34.47% 59.64% Net Profit -0.02 13.40 20.42 20.46 18.28 18.63 21.87 23.02 34.14 -13.64 -10.83 EPS in Rs 11.26 17.34 15.93 14.48 14.58 17.38 19.91 29.52 0.00 -8.99 Dividend Payout % -0.00% 17.25% 11.32% 42.38% 47.43% 46.54% 39.64% 15.07% 3.39% -0.00% Compounded Sales Growth
Compounded Profit Growth
Return on Equity
Balance Sheet
Rs. Crores
Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Sep 2019 Share Capital - 0.05 11.56 11.56 11.56 11.56 11.56 11.56 11.56 11.56 11.13 11.13 Equity Capital 0.05 11.56 11.56 11.56 11.56 11.56 11.56 11.56 11.56 11.13 Reserves -0.20 33.82 51.54 61.92 69.99 77.53 88.96 124.97 175.06 93.56 99.41 Borrowings 0.19 85.04 131.41 91.88 144.17 85.46 77.58 63.11 118.90 55.95 35.57 Other Liabilities - 0.00 86.46 68.73 100.42 110.01 97.65 90.62 102.84 104.50 132.50 158.47 Trade Payables 0 66.72 38.76 58.64 62.57 53.62 55.58 57.49 44.63 56.29 38.13 Total Liabilities 0.04 216.88 263.24 265.78 335.73 272.20 268.72 302.48 410.02 293.14 304.58 Fixed Assets - 0.01 52.53 50.70 49.70 46.54 41.50 38.46 38.51 38.59 7.92 84.58 Gross Block 0.02 60.95 62.4 65.69 65.49 66.17 67.24 42.66 47.13 13.7 Accumulated Depreciation 0.01 8.42 11.7 15.99 18.96 24.67 28.78 4.16 8.54 5.79 CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.23 0.00 0.00 Investments 0.00 3.08 4.16 5.57 27.22 26.15 28.84 53.76 80.49 0.38 0.38 Other Assets - 0.03 161.27 208.38 210.51 261.97 204.55 201.42 210.21 290.71 284.84 219.62 Inventories 0 16.65 20.1 21.6 19.04 10.63 14.07 23.65 24.25 30.19 15.37 Trade receivables 0 45.9 77.91 81.91 132.04 80.15 84.88 96.34 59.74 31.56 28.92 Cash Equivalents 0.03 55.95 58.13 40.61 68.92 71.32 46.98 35.98 163.14 88.03 41.4 Loans n Advances 0 31.87 30.68 47.19 24.23 27.3 42.76 42.98 28.96 109.4 113.25 Other Assets etc 0 10.9 21.56 19.2 17.74 15.15 12.73 11.26 14.62 25.66 20.68 Total Assets 0.04 216.88 263.24 265.78 335.73 272.20 268.72 302.48 410.02 293.14 304.58 Cash Flows
Rs. Crores
Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Cash from Operating Activity - 24.87 -16.72 40.83 -3.28 71.85 13.33 24.10 64.75 -5.64 Profit from operations 30.19 45.3 45.65 44.7 42.64 49.51 49.66 59.51 17.82 Working Capital Changes -1.61 -57.92 -0.19 -41.73 39.58 -17.25 -12.37 26.53 -10.43 Taxes paid -3.71 -4.1 -4.63 -6.25 -10.37 -18.93 -13.2 -21.28 -13.02 Cash from Investing Activity - 7.64 1.14 -1.48 -20.52 -1.01 -9.36 -8.37 19.29 16.48 Fixed Assets Purchased -41.59 -21.2 -3.78 -2.11 -2.22 -1.96 -4.87 -5.28 -6.39 Fixed Assets Sold 0.28 19.74 0.09 0.03 0.28 0.14 0.21 0.58 17.03 Investments purchased -2.73 -1.36 -1.41 -21.64 -1.5 -12.35 0 0 0 Investments sold 0 0.28 0 0 1.94 0 0 0 58.25 Cash from Financing Activity - 23.41 17.76 -56.87 52.11 -68.43 -28.32 -14.19 -10.75 -43.28 Proceeds from Borrowings 36.69 42.52 0 0 0 0 0 3.57 10 Repayment of Borrowings -0.1 -0.32 -39.59 0 -57.3 0 -3.91 -3.88 -15.85 Interest Paid -6.84 -13.32 -13.15 -12.92 -11.14 -11.84 -10.27 -6.27 -5.4 Dividends Paid 0 0 0 0 0 -8.67 0 0 0 Net Cash Flow 55.92 2.18 -17.52 28.31 2.41 -24.34 1.54 73.29 -32.44
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Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 ROCE % 42.01% 26.49% 23.95% 21.27% 20.68% 27.02% 25.61% 23.28% -5.98% Debtor Days 4.84 6.72 6.69 10.27 6.55 6.47 5.87 2.83 1.26 Inventory Turnover 415.51 230.18 214.36 231.05 300.94 387.60 317.73 321.34 336.65 Announcements & News
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