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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
W.S. Industries (India) Limited is an India-based globally focused infrastructure development, and engineering, procurement, and construction project company. The Company's projects include civil infrastructure, information technology/information technology enabled services…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A weak, stagnant business, priced for perfection — but flagged on governance.
W.S.INDUSTRIES (I) LTD. is scored on the commodity / cyclical framework. It keeps a thin 2.3% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -2.70×) — worth a closer look. Free cash flow is worth about -32.3% of its market value.
Over the last 3 years revenue compounded at 5%/yr and profit at -52%/yr. Book value itself has compounded 83%/yr — the hallmark of a genuine compounder. Return on equity is a weak 0.6%. In the latest quarter profit fell 31% versus the prior quarter.
At 204× earnings, the stock sits at the 90th percentile of its own 2.6-year range — the expensive end of where it has historically traded. Today's price already implies ~41%/yr earnings growth sustained for a decade — a demanding bar. The forensic screen raises 2 red flags: Only ₹-1.57 of cash per ₹1 profit over 4 years — earnings not converting to cash; 139% of pre-tax profit is other income, not operations.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 192.91 | — | — |
| P/B | 1.39 | 6.18 | better |
| EV/EBITDA | 35.7 | 18.03 | worse |
| ROE | 0.6 | — | — |
| ROCE | 2.39 | 11.6 | worse |
| ROA | 0.49 | — | — |
| Quick Ratio | 3.05 | 1.61 | better |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Larsen & Toubro | 27.1 | 5.0 | 15.8% |
| RVNL | 44.7 | 4.1 | 8.9% |
| ACME Solar Holdings | 36.9 | 3.3 | 9.1% |
Revenue declined 61% in the latest year — a break from prior trajectory. 5% CAGR — growing but slowly. Growth is decelerating — latest year grew slower than the year before.
1 of the 4 years shown had a loss — profitability is inconsistent. The latest year saw a +112% swing — check if it's a one-off or structural.
Operating margins have been stable around 3% — no major structural shift. The gap between operating and net margin is widening — interest or tax costs are rising.
ROE at 1% — modest; the capital isn't working hard.
Profit grew faster than EPS (-66% vs -73%) — share dilution is eroding per-share value. -73% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
3 of 4 years had negative operating cash flow — profitability on paper may not translate to cash.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 69% QoQ — could be seasonality or a genuine slowdown. Wide quarterly swings (72% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate fading — recent quarters 35% below earlier ones.
1 of 4 quarters loss-making — quarterly profitability is uneven. Profit fell 31% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly net margins are expanding (1% → 25%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 2.6y median.
Promoter holding at 52.0% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.