Royal India Corporation Ltd

Royal India Corporation Ltd

₹ 14.4 1.98%
19 Apr - close price
About

Incorporated in 1984, Royal India Corporation Ltd is engaged in wholesale trading of gold and gold related products.

Key Points

Services Offered:[1]
Company is engaged in trading of gold bullion, plain gold jewelry, gold coins, medallions, etc. Company also plans to enter into manufacturing and exporting of gold jewelry.

  • Market Cap 33.3 Cr.
  • Current Price 14.4
  • High / Low 14.4 / 2.45
  • Stock P/E
  • Book Value -6.72
  • Dividend Yield 0.00 %
  • ROCE 3.11 %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -18.2% over past five years.
  • Company has high debtors of 829 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: Trading Industry: Trading

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0.01 1.27 0.01 0.67 0.02 1.07 0.03 0.03 29.49 7.97 13.10 5.89 9.86
0.12 1.04 0.11 0.71 0.11 1.94 0.52 0.36 21.26 12.81 10.62 4.64 10.61
Operating Profit -0.11 0.23 -0.10 -0.04 -0.09 -0.87 -0.49 -0.33 8.23 -4.84 2.48 1.25 -0.75
OPM % -1,100.00% 18.11% -1,000.00% -5.97% -450.00% -81.31% -1,633.33% -1,100.00% 27.91% -60.73% 18.93% 21.22% -7.61%
0.10 -0.01 0.09 0.10 0.10 0.10 0.10 0.10 0.15 0.93 0.40 0.41 0.32
Interest 3.00 2.99 3.15 3.23 3.30 3.27 3.48 3.51 3.43 0.23 3.21 3.22 3.31
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.01 0.01
Profit before tax -3.01 -2.77 -3.16 -3.17 -3.29 -4.04 -3.87 -3.74 4.95 -4.15 -0.34 -1.57 -3.75
Tax % 0.00% 128.16% 0.00% 0.00% 0.00% 141.09% 0.00% 0.00% 0.00% 74.70% 0.00% 0.00% 0.00%
-3.01 0.78 -3.16 -3.17 -3.29 1.65 -3.88 -3.74 4.94 -1.05 -0.34 -1.57 -3.74
EPS in Rs -1.30 0.34 -1.37 -1.37 -1.43 0.71 -1.68 -1.62 2.14 -0.45 -0.15 -0.68 -1.62
Raw PDF

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
107.39 110.47 131.56 162.28 183.75 284.16 101.55 125.64 200.69 2.16 1.77 37.20 36.82
125.96 110.41 131.39 161.83 183.03 284.69 102.33 126.63 208.69 1.98 2.86 34.65 38.68
Operating Profit -18.57 0.06 0.17 0.45 0.72 -0.53 -0.78 -0.99 -8.00 0.18 -1.09 2.55 -1.86
OPM % -17.29% 0.05% 0.13% 0.28% 0.39% -0.19% -0.77% -0.79% -3.99% 8.33% -61.58% 6.85% -5.05%
20.07 0.04 0.04 0.04 0.04 2.72 0.39 1.19 0.31 0.28 0.39 1.29 2.06
Interest 0.00 0.01 0.01 0.01 0.01 1.35 9.31 8.80 10.76 11.75 12.96 10.64 9.97
Depreciation 0.04 0.04 0.04 0.13 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.04
Profit before tax 1.46 0.05 0.16 0.35 0.75 0.84 -9.70 -8.60 -18.45 -11.29 -13.66 -6.82 -9.81
Tax % 28.08% 20.00% 0.00% 37.14% 38.67% 54.76% 28.45% 30.00% 17.45% 31.44% 41.73% 45.45%
1.05 0.04 0.15 0.23 0.45 0.37 -6.95 -6.02 -15.23 -7.74 -7.97 -3.72 -6.70
EPS in Rs 0.45 0.02 0.06 0.10 0.19 0.16 -3.01 -2.61 -6.60 -3.35 -3.45 -1.61 -2.90
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -10%
5 Years: -18%
3 Years: -43%
TTM: 20%
Compounded Profit Growth
10 Years: %
5 Years: 8%
3 Years: 21%
TTM: -550%
Stock Price CAGR
10 Years: 11%
5 Years: 54%
3 Years: 168%
1 Year: 331%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

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 23.08 23.08 23.08 23.08 23.08 23.08 23.08 23.08 23.08 23.08 23.08 23.08 23.08
Reserves 13.55 13.59 13.74 13.97 14.42 10.96 4.00 -2.01 -17.24 -24.98 -32.95 -36.67 -38.58
0.18 0.18 5.82 5.00 5.00 44.47 86.66 96.29 107.57 119.17 131.63 137.29 125.15
22.21 55.68 16.81 10.18 54.51 144.99 200.77 221.39 32.27 31.24 31.35 40.88 40.87
Total Liabilities 59.02 92.53 59.45 52.23 97.01 223.50 314.51 338.75 145.68 148.51 153.11 164.58 150.52
0.20 0.16 0.12 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.17 0.17
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 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
58.82 92.37 59.33 52.23 97.01 223.50 314.51 338.75 145.68 148.50 153.10 164.41 150.35
Total Assets 59.02 92.53 59.45 52.23 97.01 223.50 314.51 338.75 145.68 148.51 153.11 164.58 150.52

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
-10.78 -10.26 -6.68 7.40 -1.74 -35.18 -37.75 -14.23 -9.68 -11.14 -11.49 -1.49
10.50 0.00 0.00 -0.01 0.00 -0.27 -1.62 -1.05 0.46 0.03 -0.39 -12.44
0.07 10.34 6.73 -5.75 0.01 35.47 41.12 14.12 9.89 10.84 12.26 13.61
Net Cash Flow -0.21 0.08 0.05 1.65 -1.73 0.02 1.74 -1.16 0.67 -0.28 0.38 -0.33

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 125.69 266.31 135.75 88.53 183.23 235.90 843.36 756.58 129.26 11,943.61 14,255.62 828.61
Inventory Days 26.73 28.56 24.90 0.02 2.26 15.67 212.81 163.91 109.56 55,255.38 801.10
Days Payable 68.35 182.63 46.42 22.37 107.97 185.78 616.43 645.37 58.99 29,050.26 613.07
Cash Conversion Cycle 84.06 112.24 114.23 66.18 77.51 65.79 439.74 275.12 179.83 11,943.61 40,460.75 1,016.64
Working Capital Days 78.89 112.67 114.06 87.72 81.74 99.12 381.61 311.72 181.73 16,989.40 20,326.58 837.05
ROCE % -23.54% 0.16% 0.43% 0.85% 1.80% 3.62% -0.41% 0.17% -6.66% 0.40% -0.59% 3.11%

Shareholding Pattern

Numbers in percentages

11 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
45.92% 45.92% 45.92% 45.92% 45.92% 45.91% 45.91% 45.91% 45.91% 45.91% 45.91% 45.91%
54.08% 54.08% 54.08% 54.08% 54.08% 54.09% 54.10% 54.08% 54.08% 54.08% 54.09% 54.09%
No. of Shareholders 1,8352,6333,7994,8705,5955,8615,9535,8365,6065,9066,0585,885

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