Royal India Corporation Ltd

Royal India Corporation Ltd

₹ 17.2 1.96%
03 May 4:01 p.m.
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 39.6 Cr.
  • Current Price 17.2
  • High / Low 17.2 / 2.45
  • Stock P/E 66.0
  • Book Value 19.6
  • Dividend Yield 0.00 %
  • ROCE 1.03 %
  • ROE 1.53 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.88 times its book value
  • Debtor days have improved from 194 to 51.5 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Contingent liabilities of Rs.35.4 Cr.
  • Company might be capitalizing the interest cost

* 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

Consolidated Figures in Rs. Crores / View Standalone

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011
13.06 65.04
13.05 64.30
Operating Profit 0.01 0.74
OPM % 0.08% 1.14%
0.50 0.00
Interest 0.02 0.00
Depreciation 0.04 0.04
Profit before tax 0.45 0.70
Tax % 31.11% 14.29%
0.31 0.60
EPS in Rs 0.26 0.26
Dividend Payout % 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 398%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 94%
Stock Price CAGR
10 Years: 12%
5 Years: 56%
3 Years: 180%
1 Year: 395%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011
Equity Capital 11.80 23.08
Reserves 21.49 22.09
27.50 28.77
23.43 3.36
Total Liabilities 84.22 77.30
0.34 0.37
CWIP 0.00 0.00
Investments 0.13 0.00
83.75 76.93
Total Assets 84.22 77.30

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011
-26.13 -1.55
-0.04 0.45
26.07 1.21
Net Cash Flow -0.10 0.11

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011
Debtor Days 335.65 51.46
Inventory Days 1,147.10 230.63
Days Payable 349.46 4.91
Cash Conversion Cycle 1,133.29 277.18
Working Capital Days 2,005.26 412.98
ROCE % 1.03%

Shareholding Pattern

Numbers in percentages

9 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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