Financials The Indian Wood Products Company Limited

Equities

IWP

INE586E01020

Forest & Wood Products

Market Closed - Bombay S.E. 06:17:49 2024-05-27 am EDT 5-day change 1st Jan Change
29.64 INR -0.77% Intraday chart for The Indian Wood Products Company Limited -2.08% -8.15%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 3,966 5,271 1,529 2,524 2,124 1,241
Enterprise Value (EV) 1 4,343 5,786 2,287 3,211 2,894 1,993
P/E ratio 25 x 31.1 x 22.1 x 121 x -363 x 67.6 x
Yield 0.2% 0.24% 0.42% 0.25% 0.15% 0.26%
Capitalization / Revenue 1.84 x 2.63 x 0.79 x 1.6 x 1.2 x 0.68 x
EV / Revenue 2.01 x 2.89 x 1.17 x 2.04 x 1.63 x 1.09 x
EV / EBITDA 13.5 x 17.5 x 11.7 x 32 x 35.2 x 20 x
EV / FCF 36.3 x -47.1 x -20.1 x 81.7 x -29.2 x 335 x
FCF Yield 2.76% -2.12% -4.98% 1.22% -3.42% 0.3%
Price to Book 1.2 x 1.52 x 0.44 x 0.72 x 0.6 x 0.35 x
Nbr of stocks (in thousands) 63,973 63,973 63,973 63,973 63,988 63,973
Reference price 2 62.00 82.40 23.90 39.45 33.20 19.40
Announcement Date 9/2/18 8/27/19 9/1/20 9/4/21 8/24/22 8/29/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 2,161 2,005 1,947 1,574 1,776 1,821
EBITDA 1 320.7 330.3 195.2 100.2 82.31 99.57
EBIT 1 292.9 297.3 170.1 71.86 53.72 72.22
Operating Margin 13.56% 14.83% 8.74% 4.56% 3.02% 3.97%
Earnings before Tax (EBT) 1 251.9 247.3 98.1 22.62 -7.293 22.66
Net income 1 158.7 169.4 69.24 20.82 -5.847 18.36
Net margin 7.35% 8.45% 3.56% 1.32% -0.33% 1.01%
EPS 2 2.481 2.648 1.080 0.3255 -0.0914 0.2870
Free Cash Flow 1 119.7 -122.8 -113.8 39.28 -98.97 5.941
FCF margin 5.54% -6.12% -5.85% 2.5% -5.57% 0.33%
FCF Conversion (EBITDA) 37.33% - - 39.21% - 5.97%
FCF Conversion (Net income) 75.44% - - 188.68% - 32.35%
Dividend per Share 2 0.1250 0.2000 0.1000 0.1000 0.0500 0.0500
Announcement Date 9/2/18 8/27/19 9/1/20 9/4/21 8/24/22 8/29/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 377 515 758 687 769 752
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.175 x 1.559 x 3.882 x 6.857 x 9.344 x 7.55 x
Free Cash Flow 1 120 -123 -114 39.3 -99 5.94
ROE (net income / shareholders' equity) 4.91% 5% 1.99% 0.59% -0.17% 0.52%
ROA (Net income/ Total Assets) 3.76% 3.76% 2.08% 0.86% 0.63% 0.85%
Assets 1 4,215 4,502 3,324 2,434 -925.3 2,169
Book Value Per Share 2 51.70 54.10 54.80 55.00 54.90 55.10
Cash Flow per Share 2 0.5000 0.8200 0.0600 0.2100 0.0400 0.6300
Capex 1 83.5 66.5 50.6 18.1 28.8 28.1
Capex / Sales 3.86% 3.32% 2.6% 1.15% 1.62% 1.54%
Announcement Date 9/2/18 8/27/19 9/1/20 9/4/21 8/24/22 8/29/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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