Real Strips Ltd

Real Strips Ltd

₹ 8.60 -4.97%
21 Mar 2022
About

Real Strips Ltd is primarily engaged in the business of manufacturing and Job-work of Cold rolled stainless strips/coils. [1]

Key Points

Product Application
The stainless steel strips and coils manufactured by the company cater to the needs of various Industrial/ Commercial segments. These are used in Automobiles, Food & Dairy Industries, Sugar Industries, Watch Industries, Pipes & Tubes Industries, Utensils, Furniture, Architectural Utilities, Thermowares, etc. [1]

  • Market Cap 5.14 Cr.
  • Current Price 8.60
  • High / Low /
  • Stock P/E 1.12
  • Book Value -18.1
  • Dividend Yield 0.00 %
  • ROCE 23.4 %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • Debtor days have increased from 53.4 to 78.7 days.
  • Working capital days have increased from 23.2 days to 75.5 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: Steel Industry: Steel - Medium / Small

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019
27.23 35.36 32.03 34.75 27.77 26.52
28.55 26.62 26.69 28.01 22.00 21.20
Operating Profit -1.32 8.74 5.34 6.74 5.77 5.32
OPM % -4.85% 24.72% 16.67% 19.40% 20.78% 20.06%
0.76 1.67 0.68 26.01 0.61 0.80
Interest 0.01 0.49 3.70 2.83 2.32 2.32
Depreciation 0.85 0.93 0.89 1.27 0.91 0.96
Profit before tax -1.42 8.99 1.43 28.65 3.15 2.84
Tax % -0.70% 0.11% 0.00% -16.13% 0.00% 0.00%
-1.43 8.98 1.43 33.26 3.15 2.83
EPS in Rs -2.39 15.02 2.39 55.62 5.27 4.73
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020
131 129 104
180 110 88
Operating Profit -49 20 16
OPM % -38% 15% 16%
3 29 3
Interest 0 7 9
Depreciation 4 4 4
Profit before tax -51 38 6
Tax % -0% -12% 20%
-51 42 5
EPS in Rs -84.63 70.65 7.61
Dividend Payout % 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -20%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -73%
Stock Price CAGR
10 Years: -9%
5 Years: -11%
3 Years: 8%
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020
Equity Capital 6 6 6
Reserves -83 -21 -17
106 77 77
56 14 27
Total Liabilities 85 76 94
48 45 42
CWIP 0 0 0
Investments 0 0 0
37 32 51
Total Assets 85 76 94

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020
7 15 3
-1 -2 -1
-4 -15 -2
Net Cash Flow 2 -2 0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020
Debtor Days 45 36 79
Inventory Days 36 42 82
Days Payable 197 62 122
Cash Conversion Cycle -116 16 39
Working Capital Days -48 42 75
ROCE % 42% 23%

Shareholding Pattern

Numbers in percentages

Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021
49.42% 49.42% 49.42% 49.42% 49.42% 49.42% 49.42% 49.42% 49.42% 49.42% 49.42% 49.42%
50.58% 50.58% 50.58% 50.58% 50.58% 50.58% 50.58% 50.58% 50.58% 50.58% 50.58% 50.58%
No. of Shareholders 2,4642,4612,4732,4722,4772,4872,4982,4762,4702,5412,5522,564

Documents