Worth Peripherals Ltd. (WORTH) AI Stock Analysis

• Market Cap: ₹2.23B
• Dividend Yield: 0.7%
• Average Volume (3M): 19.98K
• Price to Earnings (P/E): 12.5
• Beta (1Y): 1.28
• Revenue Growth: 14.69%
• EPS Growth: 7.13%
• Country: US
• Employees: 113
• Sector: Technology
• Sector Strength: 88
• Industry: Packaging & Containers
• EPS (TTM): 2.89
• Shares Outstanding: 15,751,000
• 10 Day Avg. Volume: 20,061
• 30 Day Avg. Volume: 19,977
• PEG Ratio: -5.16
• Price to Book (P/B): 1.36
• Price to Sales (P/S): 0.86
• P/FCF Ratio: 12.93
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 65 Neutral
• Price Target: ₹146.00 ▲(5.54% Upside)

Worth Peripherals Ltd. has a solid financial foundation with consistent revenue growth and a strong balance sheet, which are the primary strengths. Technical indicators suggest a lack of strong momentum, with potential for short-term rebound due to oversold conditions. The valuation is fair, with a reasonable P/E ratio but a modest dividend yield. The absence of recent earnings call insights and corporate events limits additional context.

Positive Factors

Consistent revenue growth

Sustained revenue expansion indicates durable demand for WORTH's peripherals across channels. Over multiple years this supports scalable operations, better bargaining with suppliers, and provides a base for product investment and market share gains, strengthening long-term growth prospects.

Strong balance sheet

A conservative leverage profile and sizable equity base enhance financial flexibility, allowing the company to fund capex, absorb shocks, or pursue strategic M&A without stressing liquidity. This balance-sheet strength reduces bankruptcy risk and supports durable operational resilience.

Operating cash flow growth

Strong and growing operating cash generation underpins sustainable reinvestment, working-capital funding, and the ability to service obligations. Over the medium term, robust OCF supports strategic spending, reduces reliance on external financing, and strengthens free-cash-flow potential.

Negative Factors

Declining net profit margin

A recent drop in net margin signals structural cost pressures or pricing weakness that can erode returns if persistent. Margin compression reduces retained earnings available for reinvestment, weakens return-on-equity, and makes the business more vulnerable to input-cost inflation over months.

Volatile free cash flow conversion

Inconsistent conversion of earnings into free cash flow complicates capital allocation and increases uncertainty around funding dividends, capex, or debt repayment. Persistently variable FCF can force reliance on balance-sheet buffers or external funding, limiting strategic flexibility.

Limited investor communications

Absence of earnings calls and notable corporate events reduces transparency into strategy and execution, hindering investor assessment of management decisions. Over time, weaker disclosure can impair market trust, make monitoring performance harder, and raise perceived governance risk.

Worth Peripherals Ltd. Business Overview & Revenue Model

Company Description

Worth Peripherals Limited manufactures and sells corrugated boxes in India. The company offers regular slotted containers; die cut corrugated boxes/trays; multi-color corrugated boxes; and Z sleeve and I/honeycomb partitions. It serves clients in FMCG sector and textile industry. Worth Peripherals Limited was incorporated in 1996 and is based in Indore, India.

How the Company Makes Money

Worth Peripherals Ltd. generates revenue primarily through the sale of its products across various distribution channels, including online platforms, retail stores, and direct sales to businesses. The company leverages a multi-tiered revenue model that includes direct product sales, bulk orders for corporate clients, and partnerships with major retailers and e-commerce platforms. Additionally, WORTH may benefit from licensing agreements or collaborations with technology firms that integrate its peripherals into their systems, further enhancing its revenue streams. The company's commitment to quality and customer satisfaction fosters brand loyalty, contributing to repeat purchases and long-term relationships with clients.

Worth Peripherals Ltd. Financial Statement Overview

Summary

Worth Peripherals Ltd. presents a strong financial position with consistent revenue growth and effective leverage management. The company demonstrates efficient operations, though there are indications of rising expenses affecting net profitability. Cash flow dynamics show positive trends, although variability in free cash flow requires attention. The balance sheet remains a key strength, underpinning the company's capacity to manage financial challenges.

Income Statement

Worth Peripherals Ltd. has demonstrated a consistent revenue growth trajectory with a significant increase from 2020 to 2025. The company's gross profit margin reflects solid profitability, though there was a decline in net profit margin in the latest year, indicating rising costs or other financial pressures. The EBIT and EBITDA margins remain healthy, supporting operational efficiency.

Balance Sheet

The balance sheet of Worth Peripherals Ltd. showcases a strong equity base, with a favorable debt-to-equity ratio indicating conservative leverage. The return on equity is robust, reflecting efficient use of shareholders' funds. The equity ratio indicates that a significant portion of the company's assets is financed by equity, enhancing financial stability.

Cash Flow

The cash flow analysis reveals substantial growth in operating cash flow, indicating strong cash generation capabilities. However, the free cash flow has experienced fluctuations, with notable improvements in recent years. The operating cash flow to net income ratio is solid, though the free cash flow to net income ratio suggests potential challenges in converting earnings to cash.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.86B	2.76B	2.38B	2.97B	2.93B	2.17B
Gross Profit	701.79M	500.79M	643.86M	763.97M	645.47M	588.70M
EBITDA	338.63M	325.04M	297.99M	361.79M	361.31M	330.88M
Net Income	155.70M	154.35M	158.83M	180.64M	191.43M	159.82M
Balance Sheet
Total Assets	0.00	2.30B	2.07B	1.83B	1.83B	1.59B
Cash, Cash Equivalents and Short-Term Investments	690.30M	690.30M	493.19M	416.80M	181.91M	135.62M
Total Debt	0.00	198.88M	103.29M	35.72M	192.69M	209.63M
Total Liabilities	-1.89B	407.74M	326.87M	257.10M	459.06M	425.88M
Stockholders Equity	1.89B	1.74B	1.59B	1.43B	1.26B	1.07B
Cash Flow
Free Cash Flow	0.00	183.32M	-31.47M	263.70M	75.55M	47.17M
Operating Cash Flow	0.00	236.53M	134.69M	342.36M	157.05M	125.44M
Investing Cash Flow	0.00	-263.60M	-180.83M	-232.51M	-94.47M	-68.02M
Financing Cash Flow	0.00	71.97M	45.78M	-172.64M	-27.86M	-21.80M

Worth Peripherals Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 138.33
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:WORTH, the sentiment is Negative. The current price of 138.33 is above the 20-day moving average (MA) of 137.36, below the 50-day MA of 140.98, and below the 200-day MA of 148.76, indicating a bearish trend. The MACD of -1.32 indicates Negative momentum. The RSI at 40.38 is Neutral, neither overbought nor oversold. The STOCH value of 30.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:WORTH.

Worth Peripherals Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INTENTECH	72 Outperform	₹2.41B	30.27	―	0.84%	-10.39%	-52.44%
WORTH	65 Neutral	₹2.23B	12.51	―	0.70%	14.69%	7.13%
DEVIT	62 Neutral	₹1.78B	2.22	―	0.49%	30.15%	330.45%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
GOLDTECH	55 Neutral	₹2.31B	29.26	―	―	18.44%	-32.39%
TRIGYN	52 Neutral	₹1.81B	41.39	―	―	-16.31%	-9.79%
EQUIPPP	45 Neutral	₹2.03B	158.12	―	―	846.13%	―