Royal Cushion Vinyl Products Ltd
- Market Cap ₹ 43.2 Cr.
- Current Price ₹ 11.8
- High / Low ₹ 25.9 / 10.9
- Stock P/E
- Book Value ₹ -9.99
- Dividend Yield 0.00 %
- ROCE -0.17 %
- ROE %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 46.4 to 27.0 days.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -1.71% over past five years.
- Promoter holding is low: 39.9%
- Promoters have pledged 76.5% of their holding.
- 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 75 | 75 | 66 | 72 | 74 | 62 | 61 | 69 | 52 | 55 | 64 | 56 | 52 | |
| 85 | 76 | 75 | 81 | 85 | 72 | 67 | 81 | 66 | 57 | 68 | 65 | 61 | |
| Operating Profit | -11 | -1 | -9 | -10 | -11 | -9 | -6 | -12 | -13 | -3 | -4 | -9 | -10 |
| OPM % | -14% | -1.4% | -14% | -14% | -16% | -15% | -9% | -17% | -26% | -4.9% | -6% | -15% | -19% |
| -0 | 0 | 12 | 8 | 22 | 8 | 13 | 63 | 19 | 301 | 10 | 10 | 6 | |
| Interest | 3 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 3 | 8 | 8 |
| Depreciation | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | -15 | -6 | -3 | -7 | 4 | -7 | 2 | 47 | 0 | 294 | 2 | -8 | -13 |
| Tax % | -1% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 5% | 0% | |
| -15 | -6 | -3 | -7 | 4 | -7 | 2 | 47 | 0 | 294 | 2 | -8 | -13 | |
| EPS in Rs | -12.64 | -5.31 | -2.36 | -5.79 | 3.65 | -5.70 | 1.66 | 39.06 | 0.16 | 80.41 | 0.63 | -2.17 | -3.46 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | -2% |
| 3 Years: | 2% |
| TTM: | -15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | -3% |
| 3 Years: | 16% |
| TTM: | -718% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 6% |
| 3 Years: | -11% |
| 1 Year: | -49% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 37 | 37 | 37 |
| Reserves | -485 | -492 | -449 | -463 | -458 | -465 | -463 | -416 | -416 | -66 | -65 | -73 |
| 290 | 297 | 311 | 322 | 328 | 334 | 335 | 305 | 326 | 63 | 84 | 85 | |
| 241 | 240 | 171 | 169 | 156 | 153 | 152 | 133 | 106 | 40 | 30 | 30 | |
| Total Liabilities | 58 | 58 | 46 | 40 | 38 | 34 | 36 | 35 | 29 | 73 | 86 | 78 |
| 21 | 19 | 19 | 20 | 20 | 17 | 13 | 13 | 13 | 47 | 48 | 47 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 2 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 |
| 37 | 38 | 26 | 19 | 17 | 16 | 22 | 22 | 16 | 25 | 37 | 31 | |
| Total Assets | 58 | 58 | 46 | 40 | 38 | 34 | 36 | 35 | 29 | 73 | 86 | 78 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7 | -3 | 8 | 3 | -1 | -2 | -8 | -1 | -35 | -74 | -18 | 7 | |
| 1 | 0 | -1 | -1 | -1 | 1 | 12 | 0 | 18 | 8 | -1 | 0 | |
| -8 | 3 | -7 | -1 | 2 | 1 | -3 | 1 | 17 | 67 | 18 | -8 | |
| Net Cash Flow | -0 | 0 | -0 | 0 | -0 | 0 | 0 | 0 | -0 | 1 | -1 | -0 |
| Free Cash Flow | 7 | -3 | 7 | 1 | -3 | -1 | 3 | -1 | -18 | -66 | -19 | 7 |
| CFO/OP | -67% | 295% | -89% | -26% | 9% | 22% | 138% | 12% | 264% | 2,784% | 473% | -86% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 19 | 37 | 24 | 15 | 12 | 9 | 16 | 18 | 11 | 43 | 69 | 27 |
| Inventory Days | 126 | 125 | 135 | 93 | 77 | 68 | 84 | 54 | 45 | 87 | 70 | 61 |
| Days Payable | 474 | 549 | 617 | 552 | 586 | 607 | 607 | 353 | 298 | 352 | 209 | 218 |
| Cash Conversion Cycle | -328 | -387 | -458 | -444 | -497 | -529 | -507 | -280 | -242 | -222 | -69 | -131 |
| Working Capital Days | -666 | -656 | -373 | -368 | -402 | -468 | -454 | -304 | -760 | -426 | -231 | -344 |
| ROCE % | 10% | -0% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Imported Raw Material Consumption Value ₹ Lakhs |
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| Permanent Employees Number |
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| Power and Fuel Cost ₹ Lakhs |
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| PVC Floor Covering Turnover ₹ Lakhs |
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| PVC Laminated Sheet / Tiles Turnover ₹ Lakhs |
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| PVC Leather Cloth Turnover ₹ Lakhs |
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| Total Raw Material Consumption ₹ Lakhs |
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| Government Grant Recognized (Other Income) ₹ Lakhs |
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Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication
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Results - Financial Results For Quarter Ended As On 30 June, 2026.
- Board approved Q1 FY27 results and noted NCLT sanction for Royal Spinwell merger.
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Board Meeting Outcome for Outcome Of The Meeting Of The Board Held On Thursday, August 13, 2026.
- Board approved Q1 FY27 results and noted NCLT-sanctioned merger of Royal Spinwell and Developers Pvt Ltd.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Pursuant to Reg. 30 and Reg 47 of the SEBI (LODR) Regulations and in compliance with the applicable circulars to the Company and subsequent circulars …
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Board Meeting Intimation for 1. Approval Of Unaudited Financial Results Of The Company For The Quarter Ended 30Th June, 2026.
2. To Consider Any Other Business With The Permission Of The Chairperson.
- Board meeting on 13 August 2026 to approve Q1 FY27 unaudited results; trading window closed until results.
Annual reports
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Annual Report 2011
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Business Overview:[1][2]
RCVPL is primarily engaged in business of manufacturing and selling of PVC products which includes PVC sheeting, Artificial Leather cloth, PVC floor covering, which are widely used for household, offices, shops, health club, Automobiles etc. under the brand name Royal House. The company has developed various new products i.e. Luxury Vinyl Tiles (LVT), Commercial Vinyl, Anti-static flooring etc.