Rishiroop Ltd

₹ 109 -0.59%
02 Dec - close price
About

Rishiroop Limited is engaged in the manufacturing of PVC - NBR blends and trading of polymers. [1]

Key Points

​​Product Portfolio
The Co manufactures Chlorinated Rubber (sold under brand name Chlorub), Acrylonitrile Butadiene Rubber (NBR) and Poly-vinyl Chloride (PVC) polymer blends (NBR / PVC Blends – sold under brands Vinopre ne & Vinoplast) in India which includes, Acrylonitrile Butadiene Rubber, Ethylene Propylene Diene Rubber, Poly-Butadiene Rubber, Carbon Blacks, Functional Fillers, etc. [1]

  • Market Cap 105 Cr.
  • Current Price 109
  • High / Low 180 / 90.0
  • Stock P/E 12.6
  • Book Value 99.6
  • Dividend Yield 1.38 %
  • ROCE 23.4 %
  • ROE 18.4 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 1.09 times its book value
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 18.6% CAGR over last 5 years
  • Company's working capital requirements have reduced from 127 days to 84.7 days

Cons

  • Company has a low return on equity of 11.1% over last 3 years.
  • Earnings include an other income of Rs.5.04 Cr.

* 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

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
9.97 8.37 10.68 3.88 12.50 19.06 19.16 16.75 19.61 23.53 24.50 25.14 23.50
10.12 8.06 14.69 4.44 11.69 16.04 15.90 12.58 16.41 20.42 21.84 25.82 20.92
Operating Profit -0.15 0.31 -4.01 -0.56 0.81 3.02 3.26 4.17 3.20 3.11 2.66 -0.68 2.58
OPM % -1.50% 3.70% -37.55% -14.43% 6.48% 15.84% 17.01% 24.90% 16.32% 13.22% 10.86% -2.70% 10.98%
0.01 0.96 -0.74 2.90 2.00 4.06 23.71 4.13 4.56 1.35 -0.92 0.17 4.44
Interest 0.06 0.05 0.04 0.05 0.04 0.07 0.08 0.03 0.06 0.03 0.10 0.04 0.05
Depreciation 0.14 0.13 0.13 0.12 0.12 0.12 0.12 0.11 0.17 0.23 0.23 0.20 0.20
Profit before tax -0.34 1.09 -4.92 2.17 2.65 6.89 26.77 8.16 7.53 4.20 1.41 -0.75 6.77
Tax % 38.24% 0.00% 9.35% 9.68% 18.49% 18.14% 24.43% 18.26% 17.66% 22.86% 48.94% -57.33% 17.73%
Net Profit -0.21 1.08 -4.46 1.96 2.17 5.65 20.23 6.68 6.20 3.25 0.72 -1.18 5.58
EPS in Rs -0.22 1.11 -4.60 2.02 2.24 5.82 20.85 6.89 6.39 3.35 0.74 -1.22 5.75
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
52.10 61.50 44.02 35.55 28.47 38.36 46.70 60.28 60.65 40.55 54.60 84.40 96.67
45.11 52.41 40.33 33.03 27.04 37.33 43.06 50.95 53.77 43.85 48.07 71.24 89.00
Operating Profit 6.99 9.09 3.69 2.52 1.43 1.03 3.64 9.33 6.88 -3.30 6.53 13.16 7.67
OPM % 13.42% 14.78% 8.38% 7.09% 5.02% 2.69% 7.79% 15.48% 11.34% -8.14% 11.96% 15.59% 7.93%
1.02 0.30 0.27 0.72 0.85 2.85 6.45 3.45 2.34 0.76 32.67 9.11 5.04
Interest 0.26 0.25 0.17 0.12 0.08 0.17 0.28 0.25 0.26 0.24 0.24 0.22 0.22
Depreciation 0.31 0.35 0.34 0.34 0.43 0.61 0.78 0.63 0.45 0.54 0.48 0.74 0.86
Profit before tax 7.44 8.79 3.45 2.78 1.77 3.10 9.03 11.90 8.51 -3.32 38.48 21.31 11.63
Tax % 30.11% 32.42% 34.78% 28.06% 22.03% 20.65% 18.60% 32.10% 14.22% 14.46% 22.04% 20.98%
Net Profit 5.20 5.94 2.26 2.00 1.38 2.46 7.36 8.08 7.30 -2.84 30.00 16.85 8.37
EPS in Rs 9.97 11.39 4.33 3.83 2.65 4.72 7.59 8.33 7.52 -2.93 30.92 17.37 8.62
Dividend Payout % 15.06% 14.94% 27.72% 31.32% 30.26% 16.98% 13.18% 14.41% 15.95% -34.15% 20.05% 8.15%
Compounded Sales Growth
10 Years: 3%
5 Years: 13%
3 Years: 12%
TTM: 30%
Compounded Profit Growth
10 Years: 11%
5 Years: 19%
3 Years: 33%
TTM: -63%
Stock Price CAGR
10 Years: 15%
5 Years: -4%
3 Years: 51%
1 Year: -6%
Return on Equity
10 Years: 11%
5 Years: 11%
3 Years: 11%
Last Year: 18%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
5.22 5.22 5.22 5.22 5.22 12.32 9.70 9.70 9.70 9.70 9.70 9.16 9.16
Reserves 6.78 11.68 13.20 14.47 15.10 42.59 53.44 51.05 56.91 51.50 76.75 84.57 87.48
0.35 0.29 0.15 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.20 0.06 0.35
11.43 13.25 7.97 7.00 3.95 14.74 14.18 11.13 8.96 9.43 7.78 15.21 13.00
Total Liabilities 23.78 30.44 26.54 26.71 24.27 62.55 77.32 71.88 75.57 70.63 94.43 109.00 109.99
2.67 2.42 2.10 2.04 3.04 8.84 8.55 8.10 1.70 1.85 1.45 2.53 2.56
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.12 0.32 0.40 0.49 0.00 0.00
Investments 1.00 3.33 7.81 8.38 9.59 34.98 44.82 34.31 38.51 35.19 57.23 70.36 72.91
20.11 24.69 16.63 16.29 11.64 18.73 23.95 29.35 35.04 33.19 35.26 36.11 34.52
Total Assets 23.78 30.44 26.54 26.71 24.27 62.55 77.32 71.88 75.57 70.63 94.43 109.00 109.99

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
0.51 2.56 5.51 1.82 3.13 -0.64 1.23 0.25 6.23 2.39 -11.02 15.77
-0.58 -2.24 -4.42 -0.15 -2.35 0.74 -0.62 13.21 -3.96 -0.73 15.77 -5.69
-0.02 -1.00 -1.15 -0.85 -0.72 -0.48 -0.69 -13.03 -1.40 -2.80 -5.07 -9.55
Net Cash Flow -0.09 -0.68 -0.06 0.82 0.06 -0.38 -0.08 0.42 0.86 -1.14 -0.32 0.53

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 36.15 52.17 61.61 55.96 55.38 65.75 63.07 57.04 51.94 77.68 75.61 65.95
Inventory Days 109.39 98.20 69.16 91.09 73.73 101.45 119.58 122.83 95.33 126.44 150.53 94.13
Days Payable 81.36 82.77 60.95 66.32 40.34 67.71 94.45 74.19 60.22 88.39 50.26 68.67
Cash Conversion Cycle 64.18 67.60 69.82 80.73 88.77 99.49 88.20 105.68 87.05 115.72 175.87 91.42
Working Capital Days 52.26 63.86 66.42 82.24 78.46 88.40 66.59 104.75 96.17 128.18 168.39 84.72
ROCE % 73.31% 61.14% 20.53% 13.17% 6.99% 3.48% 15.10% 18.79% 13.30% -5.16% 20.93% 23.41%

Shareholding Pattern

Numbers in percentages

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
70.95 71.08 71.08 71.34 72.42 72.46 72.46 72.46 73.17 73.17 73.31 73.32
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.14 0.27 0.27 0.27
0.13 0.12 0.12 0.12 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
28.91 28.79 28.79 28.52 27.57 27.53 27.53 27.53 26.68 26.55 26.40 26.40

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