R J Shah & Company Ltd
Incorporated in 1957, R.J. Shah & Company Ltd
is engaged in Civil Engineering works for Hydro Electric Project, Railways, Irrigation, etc.
- Market Cap ₹ 12.4 Cr.
- Current Price ₹ 443
- High / Low ₹ 651 / 443
- Stock P/E 2.16
- Book Value ₹ 1,459
- Dividend Yield 0.56 %
- ROCE 20.0 %
- ROE 15.1 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.30 times its book value
Cons
- Company has a low return on equity of 6.84% over last 3 years.
- Contingent liabilities of Rs.22.4 Cr.
- Company has high debtors of 358 days.
* 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: Infrastructure Developers & Operators Industry: Engineering - Turnkey Services
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3.19 | 2.60 | 0.81 | 14.54 | -0.00 | 4.40 | 15.62 | -0.00 | -0.00 | 0.27 | -0.00 | 10.46 | |
2.87 | 2.17 | 1.03 | 8.54 | 0.47 | 1.53 | 9.36 | 1.09 | 1.00 | 1.01 | 0.72 | 4.33 | |
Operating Profit | 0.32 | 0.43 | -0.22 | 6.00 | -0.47 | 2.87 | 6.26 | -1.09 | -1.00 | -0.74 | -0.72 | 6.13 |
OPM % | 10.03% | 16.54% | -27.16% | 41.27% | 65.23% | 40.08% | -274.07% | 58.60% | ||||
0.63 | 0.64 | 0.68 | 1.18 | 1.24 | 1.23 | 2.37 | 2.01 | 1.98 | 1.75 | 5.36 | 1.79 | |
Interest | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 |
Depreciation | 0.13 | 0.24 | 0.18 | 0.14 | 0.13 | 0.11 | 0.08 | 0.07 | 0.07 | 0.07 | 0.06 | 0.07 |
Profit before tax | 0.68 | 0.69 | 0.14 | 6.90 | 0.50 | 3.85 | 8.41 | 0.71 | 0.77 | 0.80 | 4.44 | 7.71 |
Tax % | 32.35% | 31.88% | 28.57% | 33.19% | 24.00% | 28.05% | 25.45% | 26.76% | 28.57% | 26.25% | 15.99% | 25.29% |
0.46 | 0.47 | 0.10 | 4.61 | 0.38 | 2.77 | 6.28 | 0.52 | 0.55 | 0.58 | 3.74 | 5.75 | |
EPS in Rs | 16.42 | 16.78 | 3.57 | 164.58 | 13.57 | 98.89 | 224.21 | 18.56 | 19.64 | 20.71 | 133.52 | 205.28 |
Dividend Payout % | 9.13% | 8.94% | 28.00% | 6.07% | 11.05% | 5.05% | 4.46% | 13.46% | 12.73% | 12.07% | 1.87% | 1.22% |
Compounded Sales Growth | |
---|---|
10 Years: | 15% |
5 Years: | -8% |
3 Years: | % |
TTM: | % |
Compounded Profit Growth | |
---|---|
10 Years: | 28% |
5 Years: | -2% |
3 Years: | 123% |
TTM: | 657% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 3% |
1 Year: | -6% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 5% |
3 Years: | 7% |
Last Year: | 15% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 |
Reserves | 15.73 | 16.07 | 16.12 | 21.34 | 21.36 | 24.05 | 30.14 | 30.37 | 30.82 | 31.32 | 34.96 | 40.59 |
1.23 | 1.23 | 1.23 | 1.23 | 1.23 | 1.23 | 1.23 | 1.23 | 1.23 | 1.23 | 1.23 | 1.23 | |
2.23 | 2.18 | 1.87 | 1.31 | 1.39 | 1.12 | 0.59 | 0.31 | 0.21 | 0.25 | 0.27 | 2.66 | |
Total Liabilities | 19.47 | 19.76 | 19.50 | 24.16 | 24.26 | 26.68 | 32.24 | 32.19 | 32.54 | 33.08 | 36.74 | 44.76 |
1.44 | 1.09 | 0.88 | 1.35 | 1.21 | 1.07 | 0.92 | 0.84 | 0.77 | 0.97 | 0.78 | 0.73 | |
CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
Investments | 0.02 | 0.02 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | -0.00 | -0.00 | 0.50 | 0.50 |
18.01 | 18.65 | 18.59 | 22.79 | 23.03 | 25.59 | 31.30 | 31.33 | 31.77 | 32.11 | 35.46 | 43.53 | |
Total Assets | 19.47 | 19.76 | 19.50 | 24.16 | 24.26 | 26.68 | 32.24 | 32.19 | 32.54 | 33.08 | 36.74 | 44.76 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.39 | -0.65 | -0.57 | 8.10 | -0.90 | 1.67 | 9.85 | -1.58 | -1.97 | -1.06 | -4.63 | -1.80 | |
0.72 | 0.65 | 0.67 | 0.99 | 1.23 | 1.19 | 2.39 | 2.00 | 1.98 | 1.41 | 4.89 | 1.76 | |
-0.04 | -0.04 | -0.04 | -0.16 | -0.34 | -0.19 | -0.30 | -0.42 | -0.21 | -0.21 | -0.21 | -0.21 | |
Net Cash Flow | 0.29 | -0.05 | 0.06 | 8.92 | -0.01 | 2.67 | 11.93 | 0.01 | -0.19 | 0.15 | 0.05 | -0.25 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 561.80 | 685.08 | 1,996.23 | -0.00 | -0.00 | -0.00 | -0.00 | 358.02 | ||||
Inventory Days | 21.90 | -0.00 | ||||||||||
Days Payable | 0.66 | |||||||||||
Cash Conversion Cycle | 561.80 | 685.08 | 1,996.23 | -0.00 | -0.00 | 21.24 | -0.00 | 358.02 | ||||
Working Capital Days | 878.75 | 1,159.58 | 3,713.09 | 106.19 | 422.24 | 2.34 | 1,324.81 | 305.33 | ||||
ROCE % | 4.80% | 4.77% | 1.53% | 34.78% | 2.80% | 16.48% | 29.75% | 2.68% | 2.68% | 2.61% | 2.97% | 19.98% |
Documents
Announcements
-
Appointment Of Internal Auditor Of The Company
2d - Approved FY25 audited results, Rs.2.5 final dividend, new internal auditor, MD appointed Chairperson.
- Financial Results Of The Company For The Quarter And Year Ended 31St March, 2025 2d
- Corporate Action-Board approves Dividend 2d
-
Board Meeting Outcome for Outcome Of Meeting Of The Board Of The Company Held On 20Th May, 2025 And Submission Of Financial Results Of The Company For The Quarter And Year Ended 31St March, 2025
2d - Audited FY25 results approved; Rs.2.5/share dividend recommended; new internal auditor and chairperson appointed.
-
Corporate Action-Board to consider Dividend
14 May - Board meeting on 20 May 2025 to approve FY25 results and consider dividend recommendation.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
-
Financial Year 2008
from bse
Business Profile:[1]
Company is engaged in construction of small
and medium sized Hydro-electric Project with
EPC contract or civil work with Hydro Mechanical works. Company is specialized in underground works of tunnels, cavern shafts, inclined tunnels with government and semi-government or various Electricity Boards, Railways, Atomic Power Station, Irrigation, etc. Company's work receipts is mainly for these works.