Rungta Irrigation Ltd

Rungta Irrigation Ltd

₹ 106 4.98%
12 Jul - close price
About

Incorporated in 1986, Rungta Irrigation Ltd manufactures and trades irrigation products

Key Points

Business Overview:[1]
Company manufactures, designs, assembles and markets Drip & pipe-based sprinkler irrigation systems used by farmers

  • Market Cap 210 Cr.
  • Current Price 106
  • High / Low 134 / 45.2
  • Stock P/E 37.2
  • Book Value 43.6
  • Dividend Yield 0.00 %
  • ROCE 9.51 %
  • ROE 6.90 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 102% CAGR over last 5 years
  • Company's working capital requirements have reduced from 211 days to 150 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 4.53% over last 3 years.
  • Earnings include an other income of Rs.3.86 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.

Peer comparison

Sector: Plastic products Industry: Plastics Products

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
17.94 8.52 14.41 22.80 24.53 20.76 21.79 42.72 44.86 25.91 30.47 41.16 51.24
17.68 9.00 12.76 22.08 23.85 20.33 21.21 40.14 42.86 23.25 29.31 39.17 50.08
Operating Profit 0.26 -0.48 1.65 0.72 0.68 0.43 0.58 2.58 2.00 2.66 1.16 1.99 1.16
OPM % 1.45% -5.63% 11.45% 3.16% 2.77% 2.07% 2.66% 6.04% 4.46% 10.27% 3.81% 4.83% 2.26%
0.39 1.11 0.02 0.20 0.27 0.59 0.01 0.72 0.46 0.68 0.91 0.85 1.42
Interest 0.42 0.18 0.20 0.19 0.61 0.11 0.14 0.85 0.72 0.29 0.28 0.32 0.33
Depreciation 0.30 0.28 0.33 0.32 0.32 0.30 0.40 0.46 0.37 0.40 0.43 0.51 0.66
Profit before tax -0.07 0.17 1.14 0.41 0.02 0.61 0.05 1.99 1.37 2.65 1.36 2.01 1.59
Tax % -228.57% 29.41% 28.07% 29.27% -100.00% 24.59% 40.00% 25.13% 26.28% 24.91% 25.00% 25.37% 28.30%
-0.22 0.12 0.82 0.29 0.05 0.46 0.03 1.48 1.01 1.98 1.03 1.50 1.14
EPS in Rs -0.11 0.06 0.41 0.15 0.03 0.23 0.02 0.74 0.51 0.99 0.52 0.75 0.57
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
63 64 64 64 62 58 58 45 44 70 130 149
60 61 62 62 62 54 56 48 45 68 125 142
Operating Profit 3 3 2 2 -0 3 1 -3 -0 3 6 7
OPM % 5% 5% 3% 3% -0% 6% 2% -6% -0% 4% 4% 5%
1 1 3 3 6 4 3 7 4 2 2 4
Interest 1 1 1 2 2 3 2 2 1 1 2 1
Depreciation 2 1 1 1 2 2 1 1 1 1 2 2
Profit before tax 1 1 2 2 3 3 1 1 1 2 4 8
Tax % 31% 34% 14% 37% 11% 24% 50% 17% 55% 26% 25% 26%
1 1 2 1 2 2 1 1 1 1 3 6
EPS in Rs 0.49 0.50 1.07 0.67 1.20 1.03 0.29 0.42 0.28 0.64 1.50 2.84
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 9%
5 Years: 21%
3 Years: 50%
TTM: 14%
Compounded Profit Growth
10 Years: 19%
5 Years: 102%
3 Years: 153%
TTM: 90%
Stock Price CAGR
10 Years: 22%
5 Years: 60%
3 Years: 100%
1 Year: 95%
Return on Equity
10 Years: 2%
5 Years: 3%
3 Years: 5%
Last Year: 7%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 9 9 9 9 9 9 9 9 9 9 17 20
Reserves 45 46 48 49 52 54 54 55 56 57 60 67
11 12 11 9 19 19 15 14 16 23 11 11
23 19 32 25 17 15 10 9 10 14 16 18
Total Liabilities 88 86 100 92 97 96 88 87 91 104 104 116
10 10 9 8 11 10 9 8 9 11 14 16
CWIP 0 0 1 1 0 0 0 0 1 0 0 0
Investments 23 22 21 20 18 14 14 14 14 14 14 14
55 53 69 63 67 71 65 65 67 78 76 86
Total Assets 88 86 100 92 97 96 88 87 91 104 104 116

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1 2 5 2 -10 -6 3 2 -6 -6 9
2 -2 -3 1 3 8 2 5 0 -1 -3
-4 -1 -1 -3 8 -3 -5 -3 1 6 -6
Net Cash Flow -1 -0 1 -0 1 -1 -0 4 -4 -1 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 181 144 189 172 178 218 187 201 229 191 94 111
Inventory Days 86 103 82 99 101 94 101 120 213 141 61 55
Days Payable 29 15 41 19 15 31 31 34 10 8 12 16
Cash Conversion Cycle 238 232 230 252 264 282 257 287 432 324 143 150
Working Capital Days 193 219 287 261 293 327 329 388 451 325 160 150
ROCE % 4% 4% 5% 5% 2% 5% 3% 3% 3% 3% 7% 10%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
38.27% 38.27% 38.27% 38.27% 38.27% 38.27% 41.59% 41.59% 41.59% 41.59% 41.59% 41.59%
0.56% 0.56% 0.56% 0.56% 0.56% 0.56% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25%
61.17% 61.17% 61.17% 61.17% 61.17% 61.17% 58.17% 58.16% 58.17% 58.16% 58.17% 58.16%
No. of Shareholders 2,3142,3282,3342,3742,3742,4072,6382,8462,8003,2983,4633,739

* 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.

Click on the line-items to see the names of individual entities.

Documents