Royal Cushion Vinyl Products Ltd
Incorporated in 1983, Royal Cushion Vinyl Products Ltd manufactures Vinyl Floorings and Rigid Films[1]
- Market Cap ₹ 93.7 Cr.
- Current Price ₹ 25.6
- High / Low ₹ 50.4 / 23.5
- Stock P/E 40.9
- Book Value ₹ -7.84
- Dividend Yield 0.00 %
- ROCE 12.6 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 0.45% over past five years.
- Promoter holding is low: 39.9%
- Promoters have pledged 76.5% of their holding.
- Earnings include an other income of Rs.10.4 Cr.
- Debtor days have increased from 41.0 to 69.4 days.
- Promoter holding has decreased over last 3 years: -26.2%
* 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
Consumer Discretionary Consumer Durables Consumer Durables Granites & Marbles
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
61.72 | 74.69 | 74.75 | 66.18 | 71.69 | 73.54 | 62.49 | 60.97 | 68.97 | 52.09 | 54.71 | 63.91 | |
74.96 | 85.26 | 75.79 | 75.15 | 81.43 | 85.02 | 71.75 | 66.73 | 80.67 | 65.52 | 57.38 | 67.75 | |
Operating Profit | -13.24 | -10.57 | -1.04 | -8.97 | -9.74 | -11.48 | -9.26 | -5.76 | -11.70 | -13.43 | -2.67 | -3.84 |
OPM % | -21.45% | -14.15% | -1.39% | -13.55% | -13.59% | -15.61% | -14.82% | -9.45% | -16.96% | -25.78% | -4.88% | -6.01% |
0.05 | -0.23 | 0.18 | 11.98 | 8.38 | 22.21 | 8.15 | 12.96 | 63.06 | 18.66 | 300.79 | 10.43 | |
Interest | 11.25 | 2.53 | 4.17 | 4.54 | 4.26 | 4.97 | 3.85 | 3.52 | 3.12 | 3.75 | 2.78 | 3.20 |
Depreciation | 7.70 | 2.06 | 1.38 | 1.32 | 1.37 | 1.36 | 1.92 | 1.68 | 1.11 | 1.29 | 1.13 | 0.99 |
Profit before tax | -32.14 | -15.39 | -6.41 | -2.85 | -6.99 | 4.40 | -6.88 | 2.00 | 47.13 | 0.19 | 294.21 | 2.40 |
Tax % | 0.00% | -0.91% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 4.58% |
-32.15 | -15.25 | -6.41 | -2.85 | -6.99 | 4.40 | -6.88 | 2.00 | 47.13 | 0.19 | 294.21 | 2.29 | |
EPS in Rs | -26.64 | -12.64 | -5.31 | -2.36 | -5.79 | 3.65 | -5.70 | 1.66 | 39.06 | 0.16 | 80.41 | 0.63 |
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: | -2% |
5 Years: | 0% |
3 Years: | -3% |
TTM: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 20% |
3 Years: | 29% |
TTM: | 144% |
Stock Price CAGR | |
---|---|
10 Years: | 20% |
5 Years: | 45% |
3 Years: | 38% |
1 Year: | -47% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 12.07 | 12.07 | 12.07 | 12.07 | 12.07 | 12.07 | 12.07 | 12.07 | 12.07 | 12.07 | 36.59 | 36.59 |
Reserves | -455.17 | -485.25 | -491.66 | -448.82 | -462.69 | -458.21 | -464.83 | -462.89 | -415.76 | -415.66 | -66.28 | -65.26 |
295.67 | 290.05 | 297.39 | 311.37 | 321.61 | 328.40 | 333.58 | 334.78 | 305.34 | 326.33 | 62.51 | 84.49 | |
225.92 | 241.19 | 239.85 | 170.99 | 168.67 | 155.54 | 153.13 | 151.58 | 133.08 | 105.95 | 40.44 | 29.73 | |
Total Liabilities | 78.49 | 58.06 | 57.65 | 45.61 | 39.66 | 37.80 | 33.95 | 35.54 | 34.73 | 28.69 | 73.26 | 85.55 |
37.30 | 20.67 | 19.32 | 19.10 | 20.24 | 19.97 | 17.13 | 13.08 | 12.76 | 12.67 | 46.81 | 48.30 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.07 | 0.00 | 0.40 | 0.52 | 0.53 | 0.00 | 0.00 | 1.53 | 0.12 |
Investments | 0.25 | 0.12 | 0.12 | 0.28 | 0.18 | 0.20 | 0.20 | 0.18 | 0.18 | -0.06 | 0.04 | 0.00 |
40.94 | 37.27 | 38.21 | 26.16 | 19.24 | 17.23 | 16.10 | 21.75 | 21.79 | 16.08 | 24.88 | 37.13 | |
Total Assets | 78.49 | 58.06 | 57.65 | 45.61 | 39.66 | 37.80 | 33.95 | 35.54 | 34.73 | 28.69 | 73.26 | 85.55 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
7.50 | 7.13 | -3.07 | 8.00 | 2.57 | -1.09 | -2.02 | -7.97 | -1.38 | -35.44 | -74.32 | -18.16 | |
-0.85 | 0.74 | 0.18 | -1.15 | -0.96 | -0.85 | 1.36 | 11.61 | 0.19 | 17.68 | 8.48 | -0.91 | |
-6.50 | -8.14 | 3.16 | -7.15 | -1.41 | 1.82 | 0.87 | -3.38 | 1.34 | 17.29 | 66.53 | 18.17 | |
Net Cash Flow | 0.15 | -0.28 | 0.27 | -0.29 | 0.19 | -0.12 | 0.21 | 0.27 | 0.16 | -0.47 | 0.68 | -0.91 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 21.47 | 19.11 | 37.40 | 24.49 | 14.76 | 11.61 | 9.05 | 16.34 | 18.26 | 10.79 | 42.76 | 69.45 |
Inventory Days | 170.97 | 126.49 | 124.59 | 134.71 | 93.12 | 77.26 | 68.35 | 83.57 | 54.04 | 44.88 | 87.27 | 70.50 |
Days Payable | 352.64 | 473.54 | 548.56 | 617.44 | 551.65 | 585.70 | 606.66 | 606.92 | 352.59 | 298.07 | 351.65 | 209.07 |
Cash Conversion Cycle | -160.20 | -327.94 | -386.57 | -458.23 | -443.76 | -496.83 | -529.26 | -507.01 | -280.29 | -242.40 | -221.61 | -69.12 |
Working Capital Days | -704.33 | -666.37 | -655.58 | -373.11 | -367.85 | -401.78 | -467.92 | -436.48 | -288.37 | -227.03 | -105.68 | 42.83 |
ROCE % | 12.64% |
Documents
Announcements
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Intimation Under Regulation 30 Of SEBI (LODR) Reg 2015, As Amended Read With Applicable Circulars Issued Thereto, ('SEBI LODR Regulations') - Withdrawal Of Proposed Preferential Issue Of Up To 46,36,500 Equity Shares.
2d - Withdrawal of proposed preferential issue of 46.36 lakh shares due to investor unwillingness amid market volatility.
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Announcement under Regulation 30 (LODR)-Preferential Issue
2d - Withdrawal of proposed preferential issue of 46.36 lakh shares due to investor unwillingness amid market volatility.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
5 Jun - Newspaper advertisement - Published Audited Financial Results for the quarter and year ended 31/03/2025
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Covering Letter And Related Party Transaction From 01/10/2024 To 31/03/2025
4 Jun - Disclosure of related party transactions for half year ended March 2025 as per SEBI regulations.
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Announcement under Regulation 30 (LODR)-Preferential Issue
4 Jun - Received BSE approval for preferential issue of 46.36 lakh equity shares to private investors.
Annual reports
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Financial Year 2024
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Financial Year 2023
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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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Business Overview:[1]
Company is engaged in manufacturing of PVC products which includes PVC floor covering and PVC Leather cloth, which are widely used for household, offices, shops, health club, automobiles etc.