Wabco India Ltd.
Snapshot View

7072.90 -3.20 ▼-0.1%

27 July 2021, 09:59:00 A.M.
Volume: 21

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Auto Ancillary Compare with Industry peers
Website http://www.wabcoindia.com
Financial Indicators
Market Cap 13,421.65 Cr.
Earnings per share (EPS) 54.73 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 129.30 Trailing Twelve Months Ending 2021-03
Industry PE 88.99 Trailing Twelve Months Ending 2021-03
Book Value / Share 1,052.53 Trailing Twelve Months Ending 2021-03
Price to Book Value 6.72 Calculated using Price: 7,076.10
Dividend Yield 0.16 Period Ending 2020-03
No. of Shares Subscribed 1.90 Cr. 18,967,584 Shares
FaceValue 5
Company Profile

Wabco India, earlier known as WABCO-TVS (INDIA) designs, manufactures and markets conventional braking products, advanced braking systems, and other related air assisted products and systems. The company has grown significantly in the Indian commercial vehicle market and also serves its aftermarket customers through a wide national distribution network.

With five world-class manufacturing facilities spread across India, Application Engineering Centre in Pune, technology centre and a vehicle testing facility in Chennai, WABCO INDIA excels in engineering and manufacturing, serving customers locally and through WABCO internationally.

 It was formed as a joint venture between TVS Group and WABCO Holdings Inc. The company has pioneered the manufacture of air-assisted and air brake systems for commercial vehicles in India. With a commitment of total satisfaction to customers, their company has achieved a share of business in the OE (Original Equipment) segment greater than 85% and a market share in the after-market greater than 75%. WABCO, one of the leading providers of electronic braking, stability, suspension and transmission control systems to the global commercial vehicle industry, and TVS Group, a leading producer of automotive components, two-wheelers, electronic hardware and a major distributor of automotives and spare parts in addition to operating goods transport and financial services, in May 2007 announced their intention to transfer the brakes business of their Indian joint-venture Sundaram Clayton Ltd (SCL) to a new wholly-owned subsidiary, WABCO-TVS (INDIA) Ltd., (WABCO-TVS) through a demerger plan.

Cellular manufacturing gives it the flexibility to respond in tune to customer needs. Comprehensive integration of the supply chain through implementation of ERP (Enterprise-Wide Resource Planning) programme has further enhanced WABCO-TVS (INDIA) responsiveness.

WABCO-TVS has a solid foundation in its domestic market leadership and pioneering R&D efforts. Comprehensive TQM (Total Quality Management) practices enables WABCO-TVS in being a competitive world-class manufacturer in terms of quality, cost and timely delivery of products.

With intensive R&D efforts and high quality standards, its products have found global acceptance. Today Australia, Malaysia, UK, Singapore, South Asia, North America, Venezuela and the Middle East are part of its export network.

In 2014, WABCO in order to improve thesafety and efficiency of commercial vehicle opened a new ApplicationEngineering Center in Pune, India. The new center, WABCO’s second of its kindin India, allows WABCO’s engineers to work closely with global commercialvehicle manufacturers in India to jointly develop customized products andsolutions across a broad range of vehicle platforms.

Product:

The company is the leading provider for air brake actuation systems for commercial vehicles.

  • Automatic Slack Adjusters
  • Actuators
  • Brake Chambers
  • Valves
  • Drying and Distribution Unit
  • Air Compressors
  • Advanced Braking Systems
  • Air Suspension

Clientele:

WABCO-TVS (INDIA) Limited supplies original equipment fitments for vehicles manufactured by Ashok Leyland, TATA Motors, Vehicle Factory (Jabalpur), Bharat Earthmovers, TAFE, Volvo, SUTLEJ, CATERPILLAR, Eicher Motors, Swaraj Mazda, Force Motors, Mahindra & Mahindra, Tata Cummins (Engines) and a host of other trailer manufacturers.

Awards/ Recognition

  • WABCO Rounds off 2013 in China with 15 Awards from Industry and Customers; Continued Commitment to Innovation, Customer Service and Manufacturing Excellence
  • WABCO Recognized by Investment Community; CEO Ranks Among ‘Top 3’ in Institutional Investor Magazine’s 2014 All-America Executive Team Survey for Second Year in a Row
  • In March 2014 WABCO Gains Recognition for Continued Success in China; WABCO’s President of Asia Region Named Among ‘Top 100 New Leaders’ in China’s Economy
  • Daimler India's 'Innovations Award' for the year 2014-15
  • Ashok Leyland's 'Best in class performance in Quality' award for the year 2014-15.
  • Tata Motors' 'Supplier of the year' award for the year 2014-15
  • Volvo Eicher 'Overall cost excellence' award for 2015

Milestones:

2012 WABCO inaugurates its Plant 2 at SEZ, Mahindra Worldcity, Chennai.
2012 WABCO launched its new manufacturing facility at Pantnagar, Uttarakhand.
2009 WABCO takes majority ownership. WABCO-TVS (India) Limited becomes WABCO INDIA LIMITED.
2008 SCL Brakes division de-merged into WABCO-TVS (India) Limited
2008 Commenced production in the new plant in Mahindra World City, Chennai
2007 Commenced production in the new plant in Jamshedpur, Jharkhand
2005 WABCO inaugurates Software Design Centre, Chennai
2004 Commenced production in the new plant in Ambattur, Chennai
2003 ACMA Gold Trophy for Manufacturing Excellence
2002 Second company outside Japan to win Japan Quality Medal
2001 ISO 14001 Certification
2001 ACMA Gold Medal for technology development
2000 QS 9000 Certification
2000 Launch of ABS
2000 Commissioning of proving ground
1999 TPM kick off
1998 First Indian Company to win Deming Prize
1987 Launch of TQM
1987 Manufacture of Vaccum Products
1982 Commenced production of dual brake systems
1962 Established as a Joint Venture with Clayton Devandre


Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.05%
1 Week
-1.58%
1 Month
+2.51%
3 Month
+7.99%
6 Month
+32.53%
1 Year
+2.11%
2 Year
+14.72%
5 Year
+24.02%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 33.50 22.21 16.73 14.91 21.07 18.33 19.63 17.11 8.64
Return on Capital Employed (%) 47.22 31.41 22.96 21.87 28.02 25.78 27.46 24.86 12.26
Return on Assets (%) 25.88 17.79 13.43 11.66 15.43 13.10 13.97 12.53 7.03

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 529 649 755 863 1,068 1,266 1,526 1,780 1,895
Non Curr. Liab. 23 26 33 35 23 25 30 35 22
Curr. Liab. 125 118 169 215 432 445 613 520 263
Minority Int.
Equity & Liab. 677 793 957 1,113 1,523 1,737 2,169 2,336 2,180
Non Curr. Assets 263 307 343 366 407 435 493 572 617
Curr. Assets 413 486 613 747 1,116 1,302 1,676 1,764 1,563
Misc. Exp. not W/O
Total Assets 677 793 957 1,113 1,523 1,737 2,169 2,336 2,180

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 1,046 966 1,111 1,348 1,832 2,067 2,573 2,854 1,930
Other Income 12 13 27 20 40 36 47 72 64
Total Income 1,058 979 1,138 1,368 1,873 2,104 2,620 2,927 1,993
Total Expenditure -826 -772 -945 -1,145 -1,546 -1,741 -2,175 -2,444 -1,678
PBIDT 232 207 193 224 327 363 445 482 315
Interest 0 0 0 0 0 0 -2 -2
Depreciation -16 -22 -32 -47 -56 -62 -62 -71 -90
Taxation -63 -54 -44 -56 -67 -87 -109 -129 -65
Exceptional Items
PAT 153 131 117 121 203 213 273 282 159

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 155 90 143 124 242 180 311 150 224
Cash Fr. Inv. -76 -61 -76 -45 -241 -120 -205 -429 -165
Cash Fr. Finan. -11 -11 -11 -11 -12 -14 -18 -18 -48
Net Change 69 18 56 68 -10 46 88 -297 11
Cash & Cash Eqvt 81 99 155 223 213 258 346 49 61

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 75.00 75.00 75.00 75.00 75.00 93.11 93.11 80.43 77.01
Public 25.00 25.00 25.00 25.00 25.00 6.89 6.89 19.57 22.99
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 21 Jul 2021
Board Meeting Intimation for Board Meeting To Consider Unaudited Financial Results For The Quarter Ended 30.06.2021
WABCO INDIA LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/07/2021 inter alia to consider and approve Board Meeting to consider unaudited financial results for the quarter ended 30.06.2021
Wed, 21 Jul 2021
Closure of Trading Window
Closure of Trading window
Tue, 20 Jul 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation for loss of Share Certificates under Regulations 39(3) of SEBI (LODR)

Technical Scans View Details

Mon, 26 Jul 2021
Stock Underperforming Benchmark Index in both 1 Week and 3 Month Stock Underperforming Benchmark Index in both 1 Week and 3 Month
Close Within 2 Year High Zone Close Within 2 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
ATR Decreasing for 3 Days ATR Decreasing for 3 Days
Stochastic Trending Down Stochastic Trending Down

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