Radix Industries (India) Ltd

Radix Industries Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Radix Industries (India) Ltd

₹ 171 -1.49%
23 Apr - close price
radixindustries.in BSE: 531412
About

Incorporated in 1998, Radix Industries
Ltd does manufacturing and selling of
human hair products[1]

Key Points

History:[1]
Company was earlier involved in bottling of LPG and supplying for domestic and commercial use. It was acquired by the promoters of Arqube Industries (India) in 2011. Post-acquisition, the line of business changed from storage and marketing of gas to export of human hair, wigs and its related products

Website BSE
  • Market Cap ₹ 257 Cr.
  • Current Price ₹ 171
  • High / Low ₹ 176 / 70.6
  • Stock P/E 126
  • Book Value ₹ 11.8
  • Dividend Yield 0.58 %
  • ROCE 9.96 %
  • ROE 8.40 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 83.6%

Cons

  • Stock is trading at 14.6 times its book value
  • Company has a low return on equity of 8.37% over last 3 years.
  • Company might be capitalizing the interest cost

* 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: Miscellaneous Industry: Personal Care - Indian

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
6.02 3.60 3.80 6.58 4.74 10.30 2.93 4.57 9.66 9.11 7.11 9.83 8.14
5.17 3.03 3.36 5.87 4.07 9.68 2.56 3.95 8.94 8.43 6.42 9.21 7.04
Operating Profit 0.85 0.57 0.44 0.71 0.67 0.62 0.37 0.62 0.72 0.68 0.69 0.62 1.10
OPM % 14.12% 15.83% 11.58% 10.79% 14.14% 6.02% 12.63% 13.57% 7.45% 7.46% 9.70% 6.31% 13.51%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.07 0.01
Interest 0.08 0.08 0.07 0.06 0.18 0.07 0.10 0.07 0.10 0.01 0.06 0.06 0.19
Depreciation 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.00 0.04 0.02 0.02 0.02
Profit before tax 0.76 0.48 0.36 0.64 0.48 0.54 0.26 0.54 0.62 0.63 0.62 0.61 0.90
Tax % 27.63% 18.75% 25.00% 25.00% 25.00% 27.78% 26.92% 25.93% 24.19% 25.40% 25.81% 24.59% 25.56%
0.55 0.38 0.27 0.48 0.36 0.39 0.19 0.40 0.46 0.47 0.46 0.45 0.67
EPS in Rs 0.37 0.25 0.18 0.32 0.24 0.26 0.13 0.27 0.31 0.31 0.31 0.30 0.45
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
0.15 7.97 23.54 56.00 30.13 13.86 12.07 10.70 10.58 27.50 25.42 26.27 34.19
0.15 7.00 21.06 47.87 26.17 11.51 9.84 8.61 8.57 25.28 22.96 23.84 31.10
Operating Profit 0.00 0.97 2.48 8.13 3.96 2.35 2.23 2.09 2.01 2.22 2.46 2.43 3.09
OPM % 0.00% 12.17% 10.54% 14.52% 13.14% 16.96% 18.48% 19.53% 19.00% 8.07% 9.68% 9.25% 9.04%
0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.09
Interest 0.00 0.09 0.19 0.66 0.80 0.34 0.45 0.32 0.28 0.30 0.40 0.32 0.32
Depreciation 0.00 0.06 0.09 0.10 0.08 0.06 0.05 0.04 0.04 0.03 0.03 0.06 0.10
Profit before tax 0.00 0.82 2.20 7.38 3.08 1.95 1.73 1.73 1.69 1.89 2.03 2.05 2.76
Tax % 6.10% 32.27% 33.60% 34.09% 35.38% 27.17% 28.32% 30.18% 25.93% 25.62% 25.37%
0.00 0.77 1.48 4.90 2.03 1.25 1.26 1.25 1.19 1.41 1.51 1.53 2.05
EPS in Rs 0.00 0.51 0.99 3.27 1.35 0.83 0.84 0.83 0.79 0.94 1.01 1.02 1.37
Dividend Payout % 0.00% 0.00% 20.41% 49.26% 80.00% 79.37% 80.00% 63.07% 53.23% 99.40% 98.10%
Compounded Sales Growth
10 Years: 13%
5 Years: 17%
3 Years: 35%
TTM: 25%
Compounded Profit Growth
10 Years: 7%
5 Years: 4%
3 Years: 9%
TTM: 42%
Stock Price CAGR
10 Years: -3%
5 Years: 27%
3 Years: 68%
1 Year: 123%
Return on Equity
10 Years: 11%
5 Years: 8%
3 Years: 8%
Last Year: 8%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 3.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 15.01 15.01 15.01 15.01 15.01
Reserves -1.33 -0.56 0.93 4.63 5.46 6.71 6.77 6.81 1.79 2.44 3.20 3.23 2.64
0.00 1.44 3.36 9.81 2.97 4.88 3.60 6.86 6.17 10.12 8.64 2.50 5.82
0.00 0.20 0.91 3.69 1.36 0.47 0.11 0.07 0.15 0.20 0.20 0.05 0.30
Total Liabilities 1.67 11.08 15.20 28.13 19.79 22.06 20.48 23.74 23.12 27.77 27.05 20.79 23.77
0.37 0.36 0.41 0.31 0.26 0.22 0.17 0.15 0.13 0.15 0.13 0.53 0.50
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.28 0.81 1.73 2.01
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
1.30 10.72 14.79 27.82 19.53 21.84 20.31 23.59 22.99 27.34 26.11 18.53 21.26
Total Assets 1.67 11.08 15.20 28.13 19.79 22.06 20.48 23.74 23.12 27.77 27.05 20.79 23.77

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-1.15 -8.37 -1.55 -5.88 10.09 -1.54 3.20 -1.41 1.50 -2.60 4.95 7.72
-0.34 -0.05 -0.14 -0.01 -0.02 -0.07 0.00 -0.02 -0.01 -0.33 -0.69 -1.10
0.00 8.35 1.76 5.82 -9.71 1.32 -2.89 1.76 -2.15 2.93 -2.62 -8.26
Net Cash Flow -1.49 -0.07 0.07 -0.08 0.36 -0.29 0.31 0.33 -0.65 0.00 1.64 -1.63

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 0.00 1.37 0.00 85.12 20.35 77.42 54.13 84.60 45.54 24.82 24.55 13.48
Inventory Days 8,395.00 561.08 240.30 94.05 233.49 612.05 732.86 965.22 1,105.83 382.78 377.90 287.36
Days Payable 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cash Conversion Cycle 8,395.00 562.45 240.30 179.18 253.84 689.48 786.99 1,049.82 1,151.37 407.60 402.46 300.84
Working Capital Days 2,798.33 478.12 212.89 156.62 214.54 557.24 595.13 772.98 782.78 357.57 343.46 250.79
ROCE % 14.50% 18.99% 41.52% 18.10% 11.44% 10.39% 9.31% 8.45% 8.67% 8.93% 9.96%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.96% 74.96% 74.96% 74.96% 74.96% 74.96% 74.96% 74.96% 74.96% 74.96% 74.96% 74.96%
25.04% 25.04% 25.04% 25.04% 25.04% 25.03% 25.03% 25.03% 25.03% 25.03% 25.03% 25.03%
No. of Shareholders 504487442450480523523438448490486488

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