ZWELCAST

The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Welcast Steels latest dividend payout ratio is 3.04% and 3yr average dividend payout ratio is 4.54%

Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Accounts Receivable

Balance sheet of Welcast Steels is strong. It shouldn't have solvency or liquidity issues.

The profit is oscillating. The profit of Welcast Steels is ₹0.82 Crs for TTM, ₹5.25 Crs for Mar 2024 and ₹2.64 Crs for Mar 2023.

Yes, The debt of Welcast Steels is increasing. Latest debt of Welcast Steels is -₹0.36 Crs as of Sep-24. This is greater than Mar-24 when it was -₹7.63 Crs.

Yes, Welcast Steels is expensive. Latest PE of Welcast Steels is 93.58, while 3 year average PE is 42.56. Also latest EV/EBITDA of Welcast Steels is 398 while 3yr average is 51.69.

Welcast Steels has given lower returns compared to its competitors. Welcast Steels has grown at ~-24.68% over the last 1yrs while peers have grown at a median rate of -13.0%

Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Welcast Steels is 74.85% and last quarter promoter holding is 74.85%.

There is Insufficient data to gauge this.