Ritesh International Ltd
₹ 24.3
-3.14%
28 Mar
- close price
About
Incorporated in 1981, Ritesh International Ltd is engaged in the manufacturing and selling of stearic acid, fatty acids, glycerin and readymade garments.
Key Points
- Market Cap ₹ 20.8 Cr.
- Current Price ₹ 24.3
- High / Low ₹ 67.3 / 23.2
- Stock P/E
- Book Value ₹ 22.5
- Dividend Yield 0.00 %
- ROCE 11.1 %
- ROE 7.33 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.08 times its book value
- Company's working capital requirements have reduced from 38.6 days to 30.3 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -3.18%
- 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.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
20.96 | 18.75 | 24.42 | 28.82 | 21.71 | 21.23 | 35.15 | 39.82 | 43.65 | 74.88 | 140.47 | 126.64 | 78.81 | |
24.42 | 19.64 | 23.71 | 30.46 | 21.42 | 20.56 | 34.47 | 40.29 | 42.81 | 72.09 | 134.84 | 123.53 | 79.00 | |
Operating Profit | -3.46 | -0.89 | 0.71 | -1.64 | 0.29 | 0.67 | 0.68 | -0.47 | 0.84 | 2.79 | 5.63 | 3.11 | -0.19 |
OPM % | -16.51% | -4.75% | 2.91% | -5.69% | 1.34% | 3.16% | 1.93% | -1.18% | 1.92% | 3.73% | 4.01% | 2.46% | -0.24% |
4.52 | 0.92 | 1.27 | -3.10 | 0.55 | 0.40 | 0.13 | 1.06 | 0.10 | 0.02 | -0.13 | -0.43 | -0.59 | |
Interest | 0.23 | 0.42 | 0.64 | 0.53 | 0.54 | 0.45 | 0.36 | 0.18 | 0.23 | 0.26 | 0.47 | 0.46 | 0.49 |
Depreciation | 0.62 | 0.65 | 0.74 | 0.35 | 0.30 | 0.30 | 0.32 | 0.36 | 0.39 | 0.44 | 0.49 | 0.50 | 0.58 |
Profit before tax | 0.21 | -1.04 | 0.60 | -5.62 | 0.00 | 0.32 | 0.13 | 0.05 | 0.32 | 2.11 | 4.54 | 1.72 | -1.85 |
Tax % | -4.76% | 2.88% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.79% | 21.37% | 38.95% | ||
0.22 | -1.00 | 0.60 | -5.62 | 0.01 | 0.32 | 0.13 | 0.05 | 0.31 | 2.03 | 3.57 | 1.05 | -1.77 | |
EPS in Rs | 0.26 | -1.17 | 0.70 | -6.57 | 0.01 | 0.37 | 0.15 | 0.06 | 0.36 | 2.37 | 4.17 | 1.23 | -2.07 |
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: | 21% |
5 Years: | 29% |
3 Years: | 43% |
TTM: | -49% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | 69% |
3 Years: | 66% |
TTM: | -127% |
Stock Price CAGR | |
---|---|
10 Years: | 20% |
5 Years: | 34% |
3 Years: | 3% |
1 Year: | -33% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 10% |
3 Years: | 15% |
Last Year: | 7% |
Balance Sheet
Figures in Rs. Crores
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 | 8.55 | 8.55 | 8.55 | 8.55 | 8.55 | 8.55 | 8.55 | 8.55 | 8.55 | 8.55 | 8.55 | 8.55 | 8.55 |
Reserves | 9.15 | 8.14 | 8.74 | 3.13 | 3.13 | 3.45 | 3.58 | 3.64 | 3.89 | 5.92 | 9.44 | 10.82 | 10.70 |
2.17 | 4.42 | 3.84 | 2.87 | 3.72 | 3.24 | 2.47 | 2.68 | 1.68 | 4.54 | 6.82 | 4.50 | 5.99 | |
3.47 | 2.39 | 1.35 | 0.82 | 1.44 | 1.50 | 2.70 | 2.22 | 4.62 | 2.56 | 4.89 | 2.31 | 3.16 | |
Total Liabilities | 23.34 | 23.50 | 22.48 | 15.37 | 16.84 | 16.74 | 17.30 | 17.09 | 18.74 | 21.57 | 29.70 | 26.18 | 28.40 |
8.50 | 10.72 | 10.28 | 5.99 | 5.71 | 6.24 | 6.60 | 6.40 | 7.55 | 8.21 | 8.39 | 11.59 | 11.02 | |
CWIP | 0.89 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.56 | 0.12 | 0.00 | 0.23 | 0.00 | 0.13 |
Investments | 0.49 | 0.50 | 0.56 | 0.68 | 0.75 | 0.80 | 0.37 | 0.00 | 0.00 | 0.04 | 0.00 | 0.00 | 0.00 |
13.46 | 12.28 | 11.64 | 8.70 | 10.38 | 9.68 | 10.33 | 10.13 | 11.07 | 13.32 | 21.08 | 14.59 | 17.25 | |
Total Assets | 23.34 | 23.50 | 22.48 | 15.37 | 16.84 | 16.74 | 17.30 | 17.09 | 18.74 | 21.57 | 29.70 | 26.18 | 28.40 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1.38 | 1.05 | 2.61 | -0.74 | -0.73 | 0.64 | 0.77 | -0.23 | 0.94 | 1.18 | 2.31 | 5.16 | |
-1.33 | -1.84 | 1.42 | 0.69 | 1.18 | -0.24 | 0.05 | 0.17 | -0.61 | -0.92 | -1.02 | -4.12 | |
0.02 | 1.40 | -0.37 | -0.21 | -0.34 | -0.40 | -0.63 | -0.18 | -0.23 | 0.21 | -0.64 | -0.65 | |
Net Cash Flow | 0.07 | 0.61 | 3.66 | -0.26 | 0.11 | 0.00 | 0.19 | -0.24 | 0.10 | 0.46 | 0.65 | 0.40 |
Ratios
Figures in Rs. Crores
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 | 29.78 | 40.49 | 23.32 | 19.12 | 30.60 | 29.92 | 26.58 | 25.48 | 28.26 | 17.55 | 10.91 | 7.81 |
Inventory Days | 71.35 | 50.92 | 94.49 | 37.85 | 109.11 | 136.05 | 86.11 | 72.34 | 82.20 | 55.59 | 43.69 | 26.95 |
Days Payable | 56.72 | 50.14 | 15.22 | 6.77 | 24.30 | 24.89 | 28.08 | 14.52 | 39.43 | 8.69 | 5.73 | 2.77 |
Cash Conversion Cycle | 44.41 | 41.27 | 102.59 | 50.21 | 115.41 | 141.07 | 84.62 | 83.31 | 71.03 | 64.45 | 48.87 | 32.00 |
Working Capital Days | 46.15 | 48.67 | 75.93 | 45.72 | 101.72 | 106.25 | 60.95 | 62.51 | 48.75 | 47.72 | 37.96 | 30.26 |
ROCE % | -7.36% | -2.10% | 2.98% | -9.25% | 1.67% | 3.66% | 3.08% | 0.88% | 3.73% | 14.31% | 23.69% | 11.13% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Feb - Copy of newspaper publication for the financial results for quarter ended 31.12.2023 is attached herewith.
- Board Meeting Outcome for Outcome Of Board Meeting Held On 13-02-2024 13 Feb
- Financial Results For The Quarter Ended 31.12.2023 13 Feb
- Board Meeting Intimation for Intimation Of Board Meeting To Be Held On 13-02-2024 6 Feb
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1 Feb
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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Business Divisions:[1]
Company is working in two divisions which are Stearic Acids & Other Non-Edible Oils Division and Knitwear Division. Company is manufacturing Stearic Acid& Glycerin for use by Rubber and PVC