Ram Ratna Wires Ltd
Ram Ratna Wires Limited is engaged in the manufacturing of winding wires, mainly enamelled copper wires. [1]
- Market Cap ₹ 1,679 Cr.
- Current Price ₹ 381
- High / Low ₹ 416 / 194
- Stock P/E 33.3
- Book Value ₹ 91.2
- Dividend Yield 0.66 %
- ROCE 19.4 %
- ROE 14.3 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 26.0% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 30.6%
- Debtor days have improved from 45.5 to 36.4 days.
Cons
- Company's cost of borrowing seems high
* 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: Non Ferrous Metals Industry: Mining / Minerals / Metals
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
685 | 699 | 741 | 719 | 801 | 1,027 | 1,250 | 1,255 | 1,387 | 2,013 | 2,328 | 2,615 | |
656 | 670 | 706 | 685 | 750 | 964 | 1,189 | 1,203 | 1,335 | 1,918 | 2,236 | 2,516 | |
Operating Profit | 30 | 28 | 35 | 34 | 51 | 63 | 61 | 53 | 52 | 95 | 92 | 99 |
OPM % | 4% | 4% | 5% | 5% | 6% | 6% | 5% | 4% | 4% | 5% | 4% | 4% |
1 | 1 | 2 | 2 | 2 | 3 | 4 | 4 | 2 | 7 | 8 | 16 | |
Interest | 13 | 13 | 15 | 14 | 11 | 14 | 25 | 23 | 20 | 21 | 26 | 30 |
Depreciation | 5 | 5 | 7 | 7 | 8 | 10 | 15 | 17 | 16 | 16 | 16 | 16 |
Profit before tax | 13 | 11 | 15 | 14 | 33 | 42 | 24 | 16 | 18 | 65 | 57 | 69 |
Tax % | 31% | 36% | 35% | 35% | 34% | 36% | 35% | 13% | 24% | 25% | 25% | 27% |
9 | 7 | 10 | 9 | 22 | 27 | 16 | 14 | 14 | 49 | 43 | 50 | |
EPS in Rs | 1.98 | 1.58 | 2.23 | 2.12 | 4.98 | 6.02 | 3.63 | 3.24 | 3.07 | 11.06 | 9.75 | 11.45 |
Dividend Payout % | 19% | 24% | 22% | 18% | 13% | 10% | 17% | 8% | 16% | 23% | 26% | 44% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | 16% |
3 Years: | 24% |
TTM: | 12% |
Compounded Profit Growth | |
---|---|
10 Years: | 22% |
5 Years: | 26% |
3 Years: | 55% |
TTM: | 19% |
Stock Price CAGR | |
---|---|
10 Years: | 40% |
5 Years: | 55% |
3 Years: | 106% |
1 Year: | 89% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 14% |
3 Years: | 16% |
Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 22 | 22 |
Reserves | 43 | 48 | 55 | 63 | 114 | 155 | 172 | 166 | 186 | 254 | 282 | 379 |
120 | 111 | 112 | 116 | 148 | 218 | 268 | 239 | 309 | 204 | 192 | 122 | |
40 | 36 | 32 | 20 | 66 | 76 | 83 | 50 | 70 | 155 | 223 | 258 | |
Total Liabilities | 215 | 207 | 210 | 210 | 338 | 460 | 534 | 467 | 577 | 624 | 719 | 781 |
46 | 46 | 46 | 50 | 72 | 114 | 141 | 140 | 130 | 118 | 109 | 132 | |
CWIP | 0 | 0 | 0 | 2 | 0 | 5 | 1 | 0 | 0 | 2 | 0 | 18 |
Investments | 2 | 3 | 3 | 3 | 41 | 76 | 57 | 37 | 49 | 77 | 96 | 74 |
166 | 158 | 161 | 155 | 225 | 265 | 335 | 291 | 397 | 427 | 514 | 556 | |
Total Assets | 215 | 207 | 210 | 210 | 338 | 460 | 534 | 467 | 577 | 624 | 719 | 781 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-3 | 13 | 22 | 25 | 21 | 2 | -3 | 64 | -37 | 152 | 68 | 145 | |
-5 | -5 | -7 | -11 | -31 | -64 | -15 | -16 | -11 | -11 | -13 | 29 | |
9 | -10 | -15 | -14 | 21 | 52 | 22 | -55 | 49 | -135 | -52 | -146 | |
Net Cash Flow | 1 | -1 | 0 | -0 | 11 | -10 | 4 | -6 | 1 | 6 | 3 | 29 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 65 | 64 | 57 | 58 | 67 | 70 | 60 | 55 | 68 | 52 | 48 | 36 |
Inventory Days | 13 | 5 | 8 | 11 | 21 | 13 | 28 | 26 | 33 | 19 | 25 | 24 |
Days Payable | 14 | 13 | 8 | 3 | 21 | 14 | 15 | 7 | 12 | 25 | 32 | 36 |
Cash Conversion Cycle | 64 | 57 | 57 | 66 | 67 | 68 | 73 | 73 | 89 | 46 | 41 | 24 |
Working Capital Days | 64 | 59 | 59 | 65 | 68 | 66 | 70 | 64 | 87 | 49 | 44 | 36 |
ROCE % | 15% | 14% | 17% | 15% | 19% | 17% | 12% | 9% | 8% | 18% | 17% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 2d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 15 May
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 May - Of Listing Regulations, please find enclosed copies of financial results of the Company for the quarter and year ended 31st March, 2024 published in newspapers …
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Compliances-Reg.24(A)-Annual Secretarial Compliance
14 May - Annual Secretarial Compliance Report for the financial year 31st March, 2024.
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Announcement under Regulation 30 (LODR)-Investor Presentation
14 May - Investor Presentation on the business operations and financial performance of the Company for the quarter and year ended 31st March, 2024.
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Products
The product portfolio of the co. includes enamelled copper wire and strips, enamelled aluminium wires and strips, submersible winding wires etc. [1] The company’s products are utilised in the transmission and distribution industry, automobile industry, capital goods manufacturing, consumer electricals, batteries, generators, etc. [2]