Wim Plast Ltd. News and Updates

Name: Latest research reports of Wim Plast Ltd. authored by Religare and published by - Trendlyne research reports.
Item: Wim Plast Ltd.
Rating: 5
Author: Religare

Keep track of all breaking news on Wim Plast Ltd. from all sources in a single place.

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Wim Plast Ltd.

21 Nov 2018

496.15

-0.36%

Wim Plast Ltd. - Q2FY19 Result Update - Subdued quarter

Buy: Wim Plast Ltd.

Target

Religare

Wim plast ltd (WPL) reported subdued numbers for Q2FY19, which were below our expectation. Its revenue declined by 22.1% yoy due to lower sales & volume growth. Gross profit of the company de-grew by 8.8% yoy, due to decline in sales. However, on other hand, the companys EBITDA and PAT margins improved 233bps/15bps yoy, respectively.

Wim Plast Ltd. is trading below all available SMAs

Wim Plast Ltd.

05 Sep 2018

496.15

-0.36%

Wim Plast Ltd - Company Update - Market share gain on cards

Buy: Wim Plast Ltd.

Religare

Wim Plast Ltd. is the third largest player in moulded plastic segment with market share of around 15%. Recently it expanded into air cooler segment with the aim to diversify its business segment and gain market share. The company has shown decent revenue and PAT growth of 7% & 8% respectively on a CAGR basis over FY14-18.

Wim Plast Ltd. is trading below all available SMAs

Wim Plast Ltd.

27 Apr 2017

496.15

-0.36%

Wim Plast Ltd: Cello Brand Supported by Low Raw Material P... (Apr 27, 2017)

Buy: Wim Plast Ltd.

Karvy

Cello Brand Supported by Low Raw Material Prices and Strong Financials: Revenue to remain flat supported by volumes during FY17E-19E - We expect WPL's revenue to remain flat with 3.4% CAGR during the period FY17E-19E mainly supported by the volume growth of 2.4% and realisations togrow at 1.0%. We expect the realisations to remain flat on the back of slow recovery in the raw material prices, but volumes to improve on account of increased capacity utilisations in the years to come assuming no new capacity additions.

Wim Plast Ltd. is trading below all available SMAs

Wim Plast Ltd.

29 Sep 2016

496.15

-0.36%

Wim Plast Ltd

Hold: Wim Plast Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Wim Plast (WPL) recorded sales growth of ~15% YoY to | 99.3 crore in Q1FY17 largely driven by its cooler sales. Performance of plastic segment remained flat as volume growth of 6-7% YoY was offset by a decline in realisation by 8%. Benefit of lower commodity prices helped in expansion of gross margin by 854 bps YoY, which was partly offset by an increase in other expenditure by 396 bps YoY. EBITDA margin increased 430 bps YoY to 22.7%. The higher tax rate (up 330 bps YoY)...

Wim Plast Ltd. is trading below all available SMAs

Is Wim Plast Ltd. worth buying?

46 Votes:

Buy 80.43%

Sell 13.04%

Hold 6.52%

31.75% Fall from 52W High

Wim Plast Ltd. News and Updates

Keep track of all breaking news on Wim Plast Ltd. from all sources in a single place.