Raghav Productivity Enhancers Ltd
RPEL is engaged in manufacturing of quartz based ramming mass, quartz powder, and tundish board. It sells its products under the brand name of “Raghav”. [1]
- Market Cap ₹ 1,407 Cr.
- Current Price ₹ 613
- High / Low ₹ 811 / 439
- Stock P/E 54.5
- Book Value ₹ 63.5
- Dividend Yield 0.08 %
- ROCE 28.5 %
- ROE 21.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 34.4% CAGR over last 5 years
- Company's median sales growth is 19.0% of last 10 years
Cons
- Stock is trading at 9.66 times its book value
- Promoter holding has decreased over last 3 years: -6.69%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Refractories Industry: Refractories / Intermediates
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
11 | 17 | 22 | 38 | 46 | 42 | 47 | 56 | 67 | 65 | 101 | 138 | 122 | |
10 | 16 | 20 | 35 | 42 | 36 | 37 | 43 | 51 | 50 | 76 | 101 | 85 | |
Operating Profit | 0 | 1 | 2 | 3 | 5 | 6 | 10 | 13 | 16 | 15 | 25 | 36 | 37 |
OPM % | 4% | 5% | 7% | 7% | 10% | 14% | 21% | 23% | 23% | 23% | 25% | 26% | 30% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 2 | 1 | |
Interest | 0 | 0 | 1 | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 3 | 3 |
Profit before tax | 0 | 1 | 1 | 1 | 2 | 4 | 8 | 10 | 13 | 12 | 25 | 35 | 35 |
Tax % | 42% | 36% | 31% | 32% | 43% | 33% | 26% | 21% | 27% | 25% | 25% | 25% | |
0 | 0 | 0 | 1 | 1 | 3 | 6 | 8 | 9 | 9 | 19 | 26 | 26 | |
EPS in Rs | 1.40 | 3.40 | 4.70 | 1.09 | 0.93 | 1.26 | 2.91 | 4.00 | 4.70 | 4.22 | 8.51 | 11.23 | 11.24 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 6% | 6% | 4% |
Compounded Sales Growth | |
---|---|
10 Years: | 23% |
5 Years: | 24% |
3 Years: | 27% |
TTM: | -10% |
Compounded Profit Growth | |
---|---|
10 Years: | 54% |
5 Years: | 34% |
3 Years: | 39% |
TTM: | 9% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 64% |
3 Years: | 70% |
1 Year: | 37% |
Return on Equity | |
---|---|
10 Years: | 21% |
5 Years: | 22% |
3 Years: | 20% |
Last Year: | 21% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0 | 0 | 0 | 3 | 5 | 7 | 7 | 10 | 10 | 11 | 11 | 11 | 23 |
Reserves | 3 | 3 | 3 | 5 | 3 | 11 | 17 | 22 | 32 | 54 | 98 | 123 | 123 |
2 | 10 | 15 | 14 | 13 | 12 | 10 | 8 | 6 | 0 | 6 | 0 | 0 | |
1 | 1 | 3 | 4 | 8 | 7 | 8 | 11 | 12 | 10 | 18 | 18 | 14 | |
Total Liabilities | 6 | 14 | 23 | 26 | 30 | 38 | 42 | 51 | 60 | 75 | 133 | 152 | 160 |
1 | 1 | 1 | 10 | 13 | 12 | 22 | 22 | 28 | 28 | 27 | 26 | 25 | |
CWIP | 0 | 1 | 7 | 0 | 0 | 7 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 58 | 71 |
5 | 11 | 14 | 16 | 16 | 18 | 20 | 27 | 32 | 47 | 104 | 69 | 64 | |
Total Assets | 6 | 14 | 23 | 26 | 30 | 38 | 42 | 51 | 60 | 75 | 133 | 152 | 160 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-2 | -5 | 4 | -1 | 7 | 1 | 7 | 7 | 8 | 11 | 8 | 20 | |
-0 | -1 | -6 | -1 | -4 | -7 | -3 | -3 | -5 | -13 | -42 | -14 | |
3 | 7 | 4 | 1 | -3 | 7 | -3 | -4 | -2 | 8 | 29 | -7 | |
Net Cash Flow | 0 | 0 | 1 | -1 | -0 | -0 | -0 | -0 | 0 | 7 | -4 | -1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 104 | 99 | 131 | 116 | 93 | 102 | 101 | 106 | 113 | 103 | 130 | 98 |
Inventory Days | 79 | 48 | 38 | 37 | 32 | 52 | 77 | 125 | 114 | 149 | 163 | 155 |
Days Payable | 35 | 15 | 83 | 53 | 62 | 54 | 53 | 78 | 71 | 75 | 128 | 98 |
Cash Conversion Cycle | 148 | 132 | 86 | 99 | 63 | 100 | 124 | 153 | 156 | 177 | 165 | 155 |
Working Capital Days | 133 | 217 | 140 | 111 | 55 | 93 | 95 | 109 | 127 | 130 | 125 | 112 |
ROCE % | 13% | 10% | 10% | 12% | 19% | 19% | 28% | 31% | 32% | 23% | 27% | 28% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Credit Rating
1d - Dear Sir Please find enclosed letter regarding Credit Rating
-
Compliance Certificate Under Regulation 40 Of SEBI(LODR) Regulations, 2015
16 Apr - Dear Sir Please find enclosed certificate for year ended March, 2024
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 13 Apr
- Declaration With Respect To Non-Applicability Of Large Entities Framework 13 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
12 Apr - Sir/Ma''am Please find enclosed certificate for quarter ended 31 March, 2024
Key Customers
Key customers for RPEL include R.L. Steel, Mahalakshmi TMT, and Varsana SPA, to whom the company supplies ramming mass, silica ramming mixes, quartz, etc. [1]