Welspun Syntex Limited was established in 1983 and is the flagship company under the Welspun umbrella. Since its inception WSL. has grown manifold and today is amongst the largest manufacturers and exporters of Polyester Texturised Filament Yarn, Nylon Filament Yarn from India.
With plants located at Silvassa and Palghar (Thane), India WSL. is well equipped to meet the domestic as well as international demand.
Company URL: http://www.welspunsyntex.com/
Screener URL: http://www.screener.in/company/508933
Warren Buffett Checklist
|History of Consistently Increasing Sales, Earnings & Cash Flow||Yes.|
|Durable Competitive Advantage||Moderate.|
|Future Growth Drivers||Moderate.|
|Conservative Debt (long term debt < 3 Net Profit)||Not.|
|Debt Equity Ratio, Current Ratio||1.65, 1.48|
|Return on Equity must be Above Average||18%|
|Low CAPEX required to maintain current operations||Not.|
|Management is holding / buying the stock||65%. Flat.|
|Price is Under Valued (< intrinsic value)||Yes.|
|Stock Price is consolidating (now)||Yes.|
|Stock Price is growing in past years along with EPS growth||Yes.|
Additional Futurecaps Checklist
|Consolidated PE, PB Ratio||PE 5.17, PB 31|
|Cash Flow Positive, Net Profit % greater than 8%||Yes. No.|
|Paying Dividends, Tax||Dividends: No, Tax: Yes|
|EPS Growth Rate||20%|
|Jump in Trailing Result EPS||Yes.|
|Jump in Quarterly Result EPS||Yes.|
|Expected Gain in 5 Years||10-12 times|
|Price Movement Graph, 52 Week High & Low||30/6|
|Volume Analysis||66000 (High)|
|Power of Brand||Yes.|
|Corporate Governance, Reputation of Leaders||Moderate.|
|Fraud reported||Not in current search|
|Annual Report||Expansion Plans on Card link|
Based on the Value & Growth parameters, the company hold Multibagger properties.
1-2% of portfolio.
Futurecaps recommends 100 to 150 multibaggers per year, we recommend a 25% to 50% allocation of your savings in equity. The stocks recommended here are gone through Analysts of several years experience in stock market. Although they were successful in predicting future multibaggers, the overall stock market is a risky game. So we recommend the reader to put his/her own thoughts & invest wisely.