Rama Phosphates Ltd

About [ edit ]

Rama Phosphates is engaged in fertilizer and Soya oil manufacturing, having manufacturing facility located at Indore.

Key Points [ edit ]
  • Market Cap 234 Cr.
  • Current Price 133
  • High / Low 166 / 30.0
  • Stock P/E 7.36
  • Book Value 103
  • Dividend Yield 0.75 %
  • ROCE 11.7 %
  • ROE 9.67 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 28.99% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 17.30%

Cons

  • The company has delivered a poor sales growth of 2.36% over past five years.
  • Company has a low return on equity of 9.26% for last 3 years.
  • Promoters have pledged 68.00% of their holding.

Peer comparison

Sector: Fertilizers Industry: Fertilizers

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Quarterly Results

Figures in Rs. Crores

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
117 137 161 142 167 111 124 117 97 105 115 151
113 126 149 132 160 106 118 108 93 95 98 135
Operating Profit 4 11 12 10 7 6 6 8 4 10 17 16
OPM % 3% 8% 7% 7% 4% 5% 5% 7% 4% 10% 15% 11%
Other Income 1 0 0 0 0 3 0 0 1 0 0 0
Interest 2 2 2 2 1 1 1 0 0 1 1 0
Depreciation 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax 2 8 9 8 6 7 5 7 3 9 15 15
Tax % 32% 34% 39% 36% 37% 15% 39% 6% 27% 27% 26% 22%
Net Profit 1 5 5 5 4 6 3 7 2 7 11 11
EPS in Rs 0.73 2.98 3.06 2.78 2.14 3.15 1.57 3.85 1.41 3.71 6.39 6.48

Profit & Loss

Figures in Rs. Crores

Jun 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
434 131 354 554 617 532 399 389 382 375 607 448 468
423 126 311 494 570 531 400 364 361 356 566 425 421
Operating Profit 12 4 43 60 48 1 -1 25 21 19 40 24 47
OPM % 3% 3% 12% 11% 8% 0% -0% 6% 6% 5% 7% 5% 10%
Other Income 28 14 6 2 3 9 1 1 4 1 1 5 2
Interest 9 3 6 8 11 10 10 11 9 8 8 3 1
Depreciation 6 4 4 4 4 4 4 4 3 3 3 4 4
Profit before tax 25 11 38 50 35 -3 -14 12 13 8 31 22 43
Tax % 1% 0% 13% 33% 27% 35% 28% 32% 32% 34% 36% 19%
Net Profit 25 11 33 34 26 -2 -10 8 8 5 19 18 32
EPS in Rs 18.91 18.99 14.49 -1.19 -5.52 4.56 4.80 3.05 10.96 9.99 17.99
Dividend Payout % 0% 0% 0% 0% 6% -42% 0% 18% 21% 33% 9% 10%
Compounded Sales Growth
10 Years:13%
5 Years:2%
3 Years:5%
TTM:-10%
Compounded Profit Growth
10 Years:38%
5 Years:29%
3 Years:22%
TTM:95%
Stock Price CAGR
10 Years:7%
5 Years:16%
3 Years:16%
1 Year:319%
Return on Equity
10 Years:11%
5 Years:8%
3 Years:9%
Last Year:10%

Balance Sheet

Figures in Rs. Crores

Jun 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
6 6 18 18 18 18 18 18 18 18 18 18 18
Reserves -14 -3 55 89 113 109 98 104 113 116 134 148 164
Borrowings 74 63 50 61 63 53 58 54 51 47 27 24 13
71 82 50 116 145 109 105 115 119 98 114 109 86
Total Liabilities 137 147 173 284 338 288 279 291 301 279 292 299 281
31 27 25 22 36 34 32 34 32 31 33 43 42
CWIP 0 0 3 12 3 6 6 4 4 5 13 20 24
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
106 120 144 250 299 248 241 253 265 243 247 236 215
Total Assets 137 147 173 284 338 288 279 291 301 279 292 299 281

Cash Flows

Figures in Rs. Crores

Jun 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
7 7 12 32 15 24 7 18 12 13 21 26
-1 -0 -4 -10 -9 -4 -3 -2 -3 -2 -12 -21
-21 -6 -10 -12 -13 -20 -5 -14 -10 -10 -9 -5
Net Cash Flow -15 1 -2 10 -8 -0 -2 1 -1 1 -0 0

Ratios

Figures in Rs. Crores

Jun 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 17% 44% 40% 26% 3% -2% 13% 12% 9% 21% 12%
Debtor Days 15 21 9 24 52 40 51 73 71 55 34 39
Inventory Turnover 10.36 2.73 4.30 5.29 4.15 2.84 3.83 4.35 3.43 4.93 3.06

Shareholding Pattern

Numbers in percentages

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00
0.07 0.07 0.07 0.07 0.07 0.07 0.07 0.07 0.07 0.07 0.03 0.03
24.94 24.94 24.94 24.94 24.94 24.94 24.93 24.94 24.94 24.94 24.97 24.97

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