Ram Ratna Wires Ltd

Ram Ratna Wires Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Ram Ratna Wires Ltd

₹ 331 -2.23%
25 Apr - close price
rrshramik.com BSE: 522281 NSE : RAMRAT
About

Ram Ratna Wires Limited is engaged in the manufacturing of winding wires, mainly enamelled copper wires. [1]

Key Points

Products
The product portfolio of the co. includes enamelled copper wire and strips, enamelled aluminium wires and strips, submersible winding wires etc. [1] The company’s products are utilised in the transmission and distribution industry, automobile industry, capital goods manufacturing, consumer electricals, batteries, generators, etc. [2]

Website BSE NSE
  • Market Cap ₹ 1,457 Cr.
  • Current Price ₹ 331
  • High / Low ₹ 367 / 185
  • Stock P/E 30.0
  • Book Value ₹ 85.5
  • Dividend Yield 0.75 %
  • ROCE 17.1 %
  • ROE 14.9 %
  • Face Value ₹ 5.00
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Pros

  • Company has been maintaining a healthy dividend payout of 21.5%
  • Company's working capital requirements have reduced from 60.0 days to 44.4 days

Cons

  • Stock is trading at 3.87 times its book value

* 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: Non Ferrous Metals Industry: Mining / Minerals / Metals

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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
396 496 413 521 515 564 604 554 528 642 645 675 620
380 476 396 497 488 537 582 535 504 616 623 648 597
Operating Profit 16 20 17 23 27 27 22 19 24 26 22 28 23
OPM % 4% 4% 4% 4% 5% 5% 4% 4% 5% 4% 3% 4% 4%
0 1 1 2 2 2 1 1 1 4 3 6 4
Interest 5 6 6 5 5 5 6 6 7 7 7 8 7
Depreciation 4 4 4 4 4 4 4 4 4 4 4 4 4
Profit before tax 8 11 9 16 20 20 13 11 15 18 13 22 15
Tax % 29% 23% 25% 26% 27% 23% 26% 25% 25% 24% 26% 39% 24%
5 9 7 12 15 16 10 8 11 14 10 13 12
EPS in Rs 1.22 1.97 1.50 2.69 3.32 3.55 2.22 1.90 2.48 3.14 2.23 3.01 2.66
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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
560 685 699 741 719 801 1,027 1,250 1,255 1,387 2,013 2,328 2,582
539 656 670 706 685 750 964 1,189 1,203 1,335 1,918 2,236 2,484
Operating Profit 21 30 28 35 34 51 63 61 53 52 95 92 98
OPM % 4% 4% 4% 5% 5% 6% 6% 5% 4% 4% 5% 4% 4%
1 1 1 2 2 2 3 4 4 2 7 8 17
Interest 11 13 13 15 14 11 14 25 23 20 21 26 30
Depreciation 5 5 5 7 7 8 10 15 17 16 16 16 16
Profit before tax 7 13 11 15 14 33 42 24 16 18 65 57 69
Tax % 28% 31% 36% 35% 35% 34% 36% 35% 13% 24% 25% 25%
5 9 7 10 9 22 27 16 14 14 49 43 49
EPS in Rs 1.16 1.98 1.58 2.23 2.12 4.98 6.02 3.63 3.24 3.07 11.06 9.75 11.04
Dividend Payout % 32% 19% 24% 22% 18% 13% 10% 17% 8% 16% 23% 26%
Compounded Sales Growth
10 Years: 13%
5 Years: 18%
3 Years: 23%
TTM: 15%
Compounded Profit Growth
10 Years: 17%
5 Years: 10%
3 Years: 44%
TTM: 9%
Stock Price CAGR
10 Years: 39%
5 Years: 47%
3 Years: 104%
1 Year: 76%
Return on Equity
10 Years: 14%
5 Years: 13%
3 Years: 15%
Last Year: 15%

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 11 11 11 11 11 11 11 11 11 11 11 22 22
Reserves 37 43 48 55 63 114 155 172 166 186 254 282 354
112 120 111 112 116 148 218 268 239 309 204 192 184
18 40 36 32 20 66 76 83 50 70 155 223 253
Total Liabilities 178 215 207 210 210 338 460 534 467 577 624 719 813
47 46 46 46 50 72 114 141 140 130 118 109 134
CWIP 0 0 0 0 2 0 5 1 0 0 2 0 1
Investments 1 2 3 3 3 41 76 57 37 49 77 96 154
129 166 158 161 155 225 265 335 291 397 427 514 524
Total Assets 178 215 207 210 210 338 460 534 467 577 624 719 813

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
-21 -3 13 22 25 21 2 -3 64 -37 152 68
-6 -5 -5 -7 -11 -31 -64 -15 -16 -11 -11 -13
29 9 -10 -15 -14 21 52 22 -55 49 -135 -52
Net Cash Flow 2 1 -1 0 -0 11 -10 4 -6 1 6 3

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 64 65 64 57 58 67 70 60 55 68 52 48
Inventory Days 10 13 5 8 11 21 13 28 26 33 19 25
Days Payable 4 14 13 8 3 21 14 15 7 12 25 32
Cash Conversion Cycle 70 64 57 57 66 67 68 73 73 89 46 41
Working Capital Days 66 64 59 59 65 68 66 70 64 87 49 44
ROCE % 12% 15% 14% 17% 15% 19% 17% 12% 9% 8% 18% 17%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
73.00% 73.00% 73.00% 73.00% 73.04% 73.04% 73.04% 73.04% 73.04% 73.04% 73.04% 73.04%
0.00% 0.00% 0.00% 0.00% 0.00% 0.42% 0.59% 0.57% 0.57% 0.15% 0.07% 0.03%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00%
27.00% 27.00% 27.00% 27.00% 26.96% 26.53% 26.35% 26.38% 26.40% 26.80% 26.89% 26.92%
No. of Shareholders 6,2587,3466,5316,8046,80017,53617,90717,28115,66118,92318,34616,579

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Announcements

Annual reports

Credit ratings

Concalls

  • Feb 2024
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  • Nov 2023
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  • Aug 2023
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  • May 2023
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  • Feb 2023
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  • Nov 2022
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