Poojawestern Metaliks Ltd
Originated in Jamnagar, India in the year 1991, Pooja Western Metaliks Ltd manufactures and imports Brass Plumbing Fittings, Brass Ingots, Brass Pipe inserts and Brass Sanitary fittings. [1]
Company has a strong customer base from India to Gulf, Middle East and now have increased its reach to Europe and America.[2]
- Market Cap ₹ 43.1 Cr.
- Current Price ₹ 42.5
- High / Low ₹ 66.2 / 26.3
- Stock P/E 24.6
- Book Value ₹ 12.8
- Dividend Yield 2.36 %
- ROCE 13.0 %
- ROE 13.8 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 51.2%
- Company's working capital requirements have reduced from 188 days to 135 days
Cons
- Stock is trading at 3.31 times its book value
- Company has a low return on equity of 10.1% over last 3 years.
- Promoter holding has decreased over last 3 years: -8.15%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Non Ferrous Metals Industry: Mining / Minerals / Metals
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
23.13 | 15.15 | 20.82 | 31.10 | 61.29 | |
21.64 | 13.97 | 18.92 | 28.00 | 57.15 | |
Operating Profit | 1.49 | 1.18 | 1.90 | 3.10 | 4.14 |
OPM % | 6.44% | 7.79% | 9.13% | 9.97% | 6.75% |
0.76 | 0.25 | 0.24 | 0.59 | 0.78 | |
Interest | 0.62 | 0.55 | 0.56 | 1.08 | 1.43 |
Depreciation | 0.59 | 0.55 | 0.52 | 1.14 | 1.10 |
Profit before tax | 1.04 | 0.33 | 1.06 | 1.47 | 2.39 |
Tax % | 26.92% | 27.27% | 27.36% | 27.89% | 27.20% |
0.77 | 0.24 | 0.77 | 1.06 | 1.75 | |
EPS in Rs | 0.76 | 0.24 | 0.76 | 1.05 | 1.73 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 95.66% | 57.94% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 59% |
TTM: | 97% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 94% |
TTM: | 67% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 16% |
3 Years: | 19% |
1 Year: | 36% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 10% |
Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Equity Capital | 10.14 | 10.14 | 10.14 | 10.14 | 10.14 |
Reserves | 0.05 | 0.30 | 1.07 | 2.13 | 2.88 |
9.19 | 8.93 | 12.60 | 14.18 | 19.24 | |
1.41 | 1.12 | 1.37 | 2.70 | 2.82 | |
Total Liabilities | 20.79 | 20.49 | 25.18 | 29.15 | 35.08 |
6.65 | 6.41 | 6.69 | 9.33 | 8.75 | |
CWIP | 0.00 | 0.00 | 2.74 | 0.00 | 0.00 |
Investments | 0.20 | 0.08 | 0.09 | 0.10 | 15.27 |
13.94 | 14.00 | 15.66 | 19.72 | 11.06 | |
Total Assets | 20.79 | 20.49 | 25.18 | 29.15 | 35.08 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
1.42 | 1.04 | 0.58 | 0.72 | -2.24 | |
-0.57 | -0.23 | -3.70 | -1.13 | -0.26 | |
-0.96 | -0.82 | 3.11 | 0.50 | 2.62 | |
Net Cash Flow | -0.12 | -0.01 | -0.01 | 0.09 | 0.12 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 38.19 | 72.04 | 55.40 | 66.08 | 48.48 |
Inventory Days | 181.58 | 285.49 | 246.85 | 150.53 | 0.00 |
Days Payable | 20.33 | 18.45 | 20.63 | 19.40 | |
Cash Conversion Cycle | 199.43 | 339.08 | 281.62 | 197.21 | 48.48 |
Working Capital Days | 178.00 | 298.50 | 238.07 | 191.30 | 135.36 |
ROCE % | 4.54% | 7.50% | 10.07% | 13.01% |
Documents
Announcements
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 11 Jul
- Closure of Trading Window 29 Jun
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - With Reference to the Captioned subject please find here with enclosed Secretarial Compliance Report of the company issued by Mittal v Kothari and Associates ,Practicing …
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
24 May - With respect to the captioned subject please find attached herewith copies of Newspaper advertisement of Audited Financial result for the quarter and year ended on …
- Disclosure Of Related Party Transaction For The Second Half Year Ended On March 31, 2024 23 May
Business Overview:
Jamnagar is known as city of high quality custom brass parts and accessories. Jamnagar imports 95% of scrap from Europe, America and other countries. Jamnagar has more than 2000 small to large brass parts unit manufacturing units.[1]
Pooja Western has established a state-of-the-art foundry that has a daily capacity to produce tons of brass solids and hollow bars. Formulating the concept of ‘everything in one
roof’, the company has developed in house forging and machine turning facilities.[2]