*AAKASHAYA PATRA EXCLUSIVE STOCK FOR INVESTMENT:* 31.05.2020
WPIL LTD
CMP 348 ENTRY 340 TO 330 STOPLOSS 290 TARGET 700++ TIME: 12 MONTHS


5 years CAGR sales growth 17.83%
5 years CAGR PAT growth 32.99%

WPIL Limited has to its credit a rich experience of more than 65 years in Designing, Developing, Manufacturing,Erecting, Commissioning and Servicing of Pumps & Pumping Systems. After consolidating its position as a leading pump and pumping systems company in India the company has expanded its operations globally and now has manufacturing operations in United Kingdom, Italy, France, Switzerland, South Africa, Zambia, Australia and Thailand through its Group companies. Company has 12 manufacturing units in different locations.

It has an equity base of just Rs.9.77 crore that is supported by reserves of around Rs.409.19 crore. The Promoters hold 69.38%, mutual funds hold 6.71%, FPIs hold 1.07% while the other investing public holds 22.84% stake in the company. Promoters have increased their stake by 0.56% during October 2019 to March 2020.

For 9MFY20, it posted a PAT of Rs.24.82 crore on sales of Rs.625.81 crore and an EPS of Rs.32.06. It is consistently dividend paying company and it paid 75% dividend for FY19. On PAT front, it has reported 32.99% CAGR growth and on SALES front, it has reported 17.83% CAGR growth in last 5 years.Currently, the stock trades at a P/E of 7.4x and at 65% discount to its May 2019 high of Rs.1000

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