Welspun Specialty Solutions Ltd.
Snapshot View

20.35 +1.75 ▲9.4%

29 July 2021, 04:00:00 P.M.
Volume: 1,543,843

Overview View Details

Sector Iron & Steel Compare with Sector peers
Industry Steel & Iron Products Compare with Industry peers
Website
Financial Indicators
Market Cap 1,078.73 Cr.
Earnings per share (EPS) 1.76 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 11.57 Trailing Twelve Months Ending 2021-03
Industry PE 16.50 Trailing Twelve Months Ending 2021-03
Book Value / Share 0.61 Trailing Twelve Months Ending 2021-03
Price to Book Value 33.30 Calculated using Price: 20.35
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 53.01 Cr. 530,089,156 Shares
FaceValue 6
Company Profile

Remi Metals Gujarat (RMGL) started in 1960 when Chiranjilal Saraf started manufacturing fractional H P motors & laboratory stirrers under the name of Rajendra Electric Motor Industries.

Remi Metals Gujarat Limited, a Rs 360 crore flagship company of the Remi group is the most ambitious project so far. RMGL is an Integrated Steel (capacity 140,000 TPA) & Seamless Pipe Plant (capacity 50,000 TPA) set up in Jhagadia near Bharuch in Gujarat.

RMGL is an Electric Arc Furnace based integrated steel and seamless pipe plant. RMGL has both Ingot (minimum weight 3T) as well as CC Bloom ( maximum bloom size 300 mm sq.) casting routes of steel making.

RMGL has a Seamless Pipe / Tubes plant to maufacture 50,000 TPA of Carbon Alloy Steel Seamless Pipes / Tubesin hte size range of 1'' to 6 5/8'' in technical collaboration with M/s Intertech GmbH International Technical Assistance, (INTERTECH), Germany. The Company has also in-house Steel manufacturing and rolling capacity of 1,40,000 TPA.

RMGL is located in Gujarat on a 150 acres (60 hectares) plot near village Fulwadi, Taluka Jhagadia, District Bharuch which is 23 km from Ankleshwar, 85 kms from Dahej where a full fledged all weather port is being developed and 85 kms from Essar's Sponge Iron Plant and Hazira.

Power supply is from Jhagadia sub-station by aying a separate Industrial feeder. The project is ideally located as regards proximity to the source of raw materials, water, power, ptransport arrangements and other amenities. Also a gas line is passing just near the project site, from which gas connection wcould be obtained in future, subject to availability of gas.

Different divisions of the company:

  • Steel Melting Shop
  • Casting Facilities
  • Hot Processing of Steel
  • Cold Finishing

Mannesman Demag Huttentechnik, Germany and its Indian counterpart Indomag Steel Technology, world leaders in steel making and seamless pipe technology have designed the key process equipments. Advance steel making technology through 35 MT, Ultra High Power Eccentric Bottom Tapping Arc Furnace, Refining in LRF (Landle Refining Furnace) and Degassing in VD/VOD has been inducted from MDH.The Rolling Mill also designed and manufactured by Mannesmann Demag can provide high reduction ratios in single heating.

Products portfolio of the company include:

Steel Products:

  • Cast Blooms- OctagonsSquares
  • Ingots
  • Rolled Rounds 36
  • RCS/Squares

Tube Products:

  • Hot Finish Tubes
  • Cold Finish Tubes
  • Hot Extruded SS tube
  • Cold Finish SS Tubes

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+9.41%
1 Week
-1.21%
1 Month
+28.88%
3 Month
+35.04%
6 Month
+86.87%
1 Year
+132.57%
2 Year
+89.48%
5 Year
+473.24%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%)
Return on Capital Employed (%) -5.28 -17.33 6.61 6.08 -7.22 -7.83 -2.41 -3.18 -28.28
Return on Assets (%) -12.49 -22.71 -9.29 -11.02 -22.27 -25.57 -13.78 -4.06 -22.04

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 -133 -71 -83 -148 -180 -445 -326 -212 -105
Non Curr. Liab. 213 164 166 202 293 497 487 260 220
Curr. Liab. 379 270 289 239 134 158 419 363 213
Minority Int.
Equity & Liab. 459 363 371 293 246 210 581 411 328
Non Curr. Assets 211 189 172 126 120 112 117 190 234
Curr. Assets 248 174 200 167 126 98 464 220 94
Misc. Exp. not W/O
Total Assets 459 363 371 293 246 210 581 411 328

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 585 354 417 334 268 233 235 441 295
Other Income 2 3 2 12 2 6 5 4 5
Total Income 587 357 419 345 270 239 240 445 300
Total Expenditure -580 -379 -416 -343 -281 -248 -246 -478 -366
PBIDT 7 -23 3 2 -11 -9 -6 -34 -66
Interest -42 -49 -50 -50 -46 -45 -47 -9 -15
Depreciation -22 -22 -22 -12 -7 -7 -7 -7 -10
Taxation
Exceptional Items 35 23 3 3 5 29 11
PAT -57 -93 -34 -37 -60 -58 -55 -20 -81

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. 37 -33 15 -15 25 18 -5 -2 -27
Cash Fr. Inv. -2 0 -5 -2 -1 4 -74 -18 -48
Cash Fr. Finan. -36 35 -10 14 -25 -24 320 -222 75
Net Change -1 2 1 -3 -1 -2 241 -243 0
Cash & Cash Eqvt 1 3 4 1 0 2 243 0 0

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 49.86 49.86 49.81 49.81 53.62 53.62 53.62 53.62 53.55
Public 50.14 50.14 50.19 50.19 46.38 46.38 46.38 46.38 46.45
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 50.13 50.13 51.25 51.25 43.98 43.98 55.95 55.95 55.95

Announcements View Details

Thu, 22 Jul 2021
Board Meeting Intimation for Consideration And Approval Of The Unaudited Financial Results Of The Company For The Quarter Ended June 30 2021
Welspun Specialty Solutions Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/07/2021 inter alia to consider and approve the unaudited financial results of the Company for the quarter ended June 30 2021 (as per Ind-AS).

Take further notice that with reference to the above meeting of the Board of Directors the trading window for dealing in the securities of the Company by the Insiders as defined under the SEBI (Prohibition of Insider Trading) Regulations 2015 will remain closed from Thursday July 1 2021 till Monday August 2 2021.

Please take note of it.
Wed, 21 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
With reference to the above mentioned subject please find enclose herewith confirmation certificate obtained from Bigshare Services Private Limited Registrar and Share Transfer Agent (RTA) of the Company stating that the securities received from Depository Participants for dematerialization upto June 30 2021 were confirmed (accepted / rejected) to the depositories by RTA and that the securities comprised in the said certificates have been listed on the stock exchange where the earlier listed securities are listed. Also RTA has confirmed that the security certificates received for dematerialization have been mutilated and cancelled after due verification from Depository Participants and the name of the depositories have been substituted in the register of members as registered owner within 15 days of receipt of certificate of securities.
Tue, 20 Jul 2021
Shareholding for the Period Ended June 30 2021
Welspun Specialty Solutions Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here

Technical Scans View Details

Thu, 29 Jul 2021
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
5 EMA Crossing 20 EMA From Below 5 EMA Crossing 20 EMA From Below
Close Crossing 20 EMA From Below Close Crossing 20 EMA From Below

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