Riba Textiles Ltd

Riba Textiles Ltd

₹ 88.8 -1.29%
12 Apr - close price
About

Incorporated in 1989, Riba Textiles Ltd manufactures Terry Towels, Bath Mats and other Textile Products[1]

Key Points

Business Overview:[1]
Company is an 100% Export Oriented, Government of India approved Star Export House for Terry Towels manufacturing.

  • Market Cap 85.7 Cr.
  • Current Price 88.8
  • High / Low 94.9 / 36.0
  • Stock P/E 9.09
  • Book Value 88.3
  • Dividend Yield 0.00 %
  • ROCE 10.1 %
  • ROE 9.51 %
  • Face Value 10.0

Pros

  • Stock is trading at 1.01 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 10.4% over past five years.
  • Company has a low return on equity of 8.41% 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: Textiles Industry: Textiles - Products

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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
52.78 65.60 43.54 58.82 55.32 76.93 59.43 56.67 59.04 67.55 51.48 65.05 56.35
50.18 63.72 40.07 54.76 52.27 72.28 56.15 52.33 55.68 59.95 47.80 59.36 51.35
Operating Profit 2.60 1.88 3.47 4.06 3.05 4.65 3.28 4.34 3.36 7.60 3.68 5.69 5.00
OPM % 4.93% 2.87% 7.97% 6.90% 5.51% 6.04% 5.52% 7.66% 5.69% 11.25% 7.15% 8.75% 8.87%
0.05 0.53 0.11 0.07 0.15 0.14 0.24 0.17 0.09 -0.37 0.19 0.05 0.06
Interest 1.38 0.19 0.91 1.40 0.98 1.49 0.91 1.26 1.13 1.20 1.24 1.18 1.00
Depreciation 0.66 1.50 1.02 1.05 1.05 1.05 1.05 1.18 1.22 1.01 1.14 1.14 1.60
Profit before tax 0.61 0.72 1.65 1.68 1.17 2.25 1.56 2.07 1.10 5.02 1.49 3.42 2.46
Tax % 18.03% 51.39% 16.97% 19.05% 23.93% 43.11% 31.41% 17.87% 27.27% 23.31% 28.86% 21.64% 25.20%
0.50 0.35 1.38 1.36 0.88 1.27 1.06 1.70 0.79 3.85 1.06 2.67 1.85
EPS in Rs 0.52 0.36 1.43 1.41 0.91 1.32 1.10 1.76 0.82 3.99 1.10 2.77 1.92
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
68 75 92 116 113 112 148 197 177 190 235 243 240
62 69 87 111 108 104 136 180 161 175 219 224 218
Operating Profit 6 5 5 5 4 8 12 17 16 15 15 19 22
OPM % 8% 7% 5% 4% 4% 7% 8% 9% 9% 8% 6% 8% 9%
0 0 0 2 2 2 4 2 0 1 0 0 -0
Interest 3 3 2 3 1 1 5 5 4 4 5 4 5
Depreciation 2 2 2 3 2 3 5 3 4 5 4 4 5
Profit before tax 1 1 1 1 2 6 7 11 9 8 7 10 12
Tax % 11% 22% 20% 37% 36% 24% 21% 23% 22% 22% 28% 24%
1 1 1 1 1 4 5 8 7 6 5 7 9
EPS in Rs 0.87 0.75 0.81 0.65 1.36 4.44 5.49 8.51 6.97 6.09 5.07 7.67 9.78
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 13%
5 Years: 10%
3 Years: 11%
TTM: -5%
Compounded Profit Growth
10 Years: 26%
5 Years: 9%
3 Years: 2%
TTM: 96%
Stock Price CAGR
10 Years: 13%
5 Years: 1%
3 Years: 21%
1 Year: 134%
Return on Equity
10 Years: 9%
5 Years: 10%
3 Years: 8%
Last Year: 10%

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 9 10 10 10 10 10 10 10 10 10 10 10 10
Reserves 25 26 27 28 29 33 39 47 54 60 64 72 76
22 18 25 19 12 22 53 42 44 58 66 61 60
4 5 3 11 15 37 21 17 13 28 19 22 19
Total Liabilities 60 59 65 68 66 102 123 115 121 155 159 164 165
26 26 31 34 33 69 71 73 76 83 83 88 86
CWIP 0 0 0 0 3 0 0 0 0 0 1 0 0
Investments 1 0 0 0 0 0 0 0 0 0 0 0 0
33 33 35 34 30 33 52 42 44 71 75 77 78
Total Assets 60 59 65 68 66 102 123 115 121 155 159 164 165

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
7 7 4 8 4 27 -7 14 11 14 1 15
-1 -0 -7 -4 -3 -34 -1 -3 -7 -11 -5 -8
-6 -4 1 -4 -1 6 9 -10 -4 -1 3 -9
Net Cash Flow 0 2 -2 0 0 -0 1 0 1 2 -0 -2

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 51 50 52 66 51 38 38 37 34 77 54 58
Inventory Days 139 144 96 38 20 41 87 44 69 58 63 58
Days Payable 23 29 12 45 64 186 76 23 31 45 30 28
Cash Conversion Cycle 167 165 136 59 7 -106 50 58 71 90 87 88
Working Capital Days 149 121 117 65 39 -23 70 42 56 74 80 79
ROCE % 7% 7% 5% 7% 7% 13% 13% 15% 13% 9% 9% 10%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
61.85% 61.85% 61.85% 61.85% 61.85% 61.85% 61.85% 61.85% 61.85% 61.85% 61.85% 61.85%
0.01% 0.01% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
38.14% 38.14% 38.14% 38.15% 38.15% 38.15% 38.16% 38.16% 38.16% 38.15% 38.15% 38.15%
No. of Shareholders 1,1891,4413,9795,1944,9474,7044,6174,5464,5034,4444,1384,688

* 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.

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