Global manufacturer of line pipes, DI pipes and stainless steel, and owner of the Sintex water-tank brand.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 130 | 130 | 130 | 131 | 131 | 131 | 132 | 132 |
| Reserves | 1.4k | 2.6k | 2.9k | 3.1k | 3.4k | 4.2k | 8.1k | 5.0k |
| Borrowings | 822 | 559 | 1.3k | 2.5k | 1.3k | 417 | 1.5k | 430 |
| Other Liabilities | 2.5k | 1.9k | 2.0k | 2.6k | 2.9k | 3.4k | 6.8k | 3.5k |
| Total Liabilities | 4.9k | 5.2k | 6.4k | 8.4k | 7.8k | 8.1k | 16.5k | 9.1k |
| AssetsFixed Assets | 817 | 1.1k | 1.0k | 2.3k | 2.3k | 2.1k | 5.2k | 2.3k |
| CWIP | 67 | 10 | 5 | 55 | 20 | 36 | 952 | 30 |
| Investments | 506 | 1.7k | 2.7k | 2.0k | 1.5k | 2.0k | 1.4k | 2.8k |
| Other Assets | 3.5k | 2.3k | 2.7k | 4.1k | 4.0k | 4.0k | 9.0k | 3.9k |
| Total Assets | 4.9k | 5.2k | 6.4k | 8.4k | 7.8k | 8.1k | 16.5k | 9.1k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 253 | 16 | 378 | 193 | -439 | 638 | 1.0k | 806 |
| Cash from Investing | -236 | 359 | -198 | -163 | -27 | 726 | 122 | -733 |
| Cash from Financing | -39 | -374 | -197 | 235 | 593 | -1.5k | -1.2k | -236 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 224 | -125 | 366 | 149 | -924 | 479 | 915 | 643 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
WELCORP · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.