Raghuvansh Agrofarms Ltd
Incorporated in 1995, Raghuvansh Agrofarms Ltd manufactures and trades agro products[1]
- Market Cap ₹ 237 Cr.
- Current Price ₹ 199
- High / Low ₹ 487 / 186
- Stock P/E 49.0
- Book Value ₹ 45.7
- Dividend Yield 0.00 %
- ROCE 10.5 %
- ROE 8.99 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Debtor days have improved from 81.8 to 51.4 days.
Cons
- Stock is trading at 4.36 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -21.9% over past five years.
- Promoter holding is low: 21.1%
- Tax rate seems low
- Company has a low return on equity of 9.40% over last 3 years.
- Promoters have pledged 39.8% of their holding.
- Earnings include an other income of Rs.4.04 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.
Peer comparison
Sector: FMCG Industry: Food - Processing - Indian
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
0.50 | 0.96 | 1.16 | 1.79 | 2.04 | 7.43 | 23.26 | 422.17 | 15.83 | 5.47 | 11.25 | 6.74 | 5.44 | |
0.61 | 0.92 | 1.09 | 1.36 | 1.31 | 3.11 | 18.84 | 416.05 | 10.28 | 2.36 | 8.80 | 3.86 | 3.18 | |
Operating Profit | -0.11 | 0.04 | 0.07 | 0.43 | 0.73 | 4.32 | 4.42 | 6.12 | 5.55 | 3.11 | 2.45 | 2.88 | 2.26 |
OPM % | -22.00% | 4.17% | 6.03% | 24.02% | 35.78% | 58.14% | 19.00% | 1.45% | 35.06% | 56.86% | 21.78% | 42.73% | 41.54% |
0.15 | 0.02 | 0.04 | 0.02 | 0.00 | 0.09 | 0.48 | 0.07 | 1.08 | 2.09 | 3.27 | 3.43 | 4.04 | |
Interest | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.05 | 0.01 | 0.01 | 0.06 | 0.05 |
Depreciation | 0.01 | 0.01 | 0.04 | 0.17 | 0.12 | 0.56 | 0.55 | 0.56 | 0.57 | 0.53 | 0.52 | 0.59 | 0.59 |
Profit before tax | 0.03 | 0.05 | 0.05 | 0.28 | 0.61 | 3.85 | 4.34 | 5.62 | 6.01 | 4.66 | 5.19 | 5.66 | 5.66 |
Tax % | 33.33% | 40.00% | 20.00% | -28.57% | 11.48% | 5.19% | 11.75% | 19.75% | -0.67% | 17.38% | 11.56% | 14.13% | |
0.02 | 0.04 | 0.05 | 0.36 | 0.54 | 3.65 | 3.84 | 4.51 | 6.04 | 3.84 | 4.58 | 4.85 | 4.85 | |
EPS in Rs | 0.91 | 1.82 | 0.06 | 0.30 | 0.45 | 3.06 | 3.22 | 3.78 | 5.07 | 3.22 | 3.84 | 4.07 | 4.06 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 22% |
5 Years: | -22% |
3 Years: | -25% |
TTM: | -51% |
Compounded Profit Growth | |
---|---|
10 Years: | 60% |
5 Years: | 3% |
3 Years: | -9% |
TTM: | -5% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 16% |
1 Year: | -20% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 11% |
3 Years: | 9% |
Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 0.22 | 0.22 | 8.32 | 11.92 | 11.92 | 11.92 | 11.92 | 11.92 | 11.92 | 11.92 | 11.92 | 11.92 | 11.92 |
Reserves | 1.64 | 1.67 | 8.49 | 9.19 | 9.73 | 13.37 | 17.21 | 21.72 | 27.75 | 31.59 | 36.03 | 40.88 | 42.59 |
0.00 | 0.00 | 0.03 | 0.01 | 0.00 | 0.00 | 0.19 | 0.13 | 0.21 | 0.08 | 0.01 | 1.23 | 1.09 | |
4.78 | 1.52 | 0.04 | 0.11 | 0.11 | 0.26 | 13.74 | 65.94 | 0.70 | 0.73 | 3.16 | 1.12 | 1.48 | |
Total Liabilities | 6.64 | 3.41 | 16.88 | 21.23 | 21.76 | 25.55 | 43.06 | 99.71 | 40.58 | 44.32 | 51.12 | 55.15 | 57.08 |
0.21 | 0.25 | 1.47 | 1.99 | 1.91 | 5.42 | 5.51 | 5.10 | 5.06 | 5.41 | 4.96 | 7.12 | 5.77 | |
CWIP | 0.00 | 0.00 | 0.52 | 1.85 | 2.24 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.64 | 0.59 | 5.71 | 7.53 | 7.53 | 7.44 | 7.59 | 7.59 | 7.34 | 7.34 | 7.34 | 6.19 | 7.35 |
5.79 | 2.57 | 9.18 | 9.86 | 10.08 | 12.69 | 29.96 | 87.02 | 28.18 | 31.57 | 38.82 | 41.84 | 43.96 | |
Total Assets | 6.64 | 3.41 | 16.88 | 21.23 | 21.76 | 25.55 | 43.06 | 99.71 | 40.58 | 44.32 | 51.12 | 55.15 | 57.08 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.68 | -0.71 | -0.98 | 1.28 | -0.75 | -1.28 | -2.77 | -0.57 | 0.06 | 1.19 | 0.15 | 8.06 | |
0.95 | 0.23 | -2.21 | -1.56 | -1.55 | 1.44 | 3.36 | -0.15 | -0.28 | -0.86 | -0.08 | -2.12 | |
0.03 | 0.16 | 5.49 | 0.34 | -0.01 | 0.00 | 0.19 | -0.05 | 0.08 | -0.13 | -0.07 | 1.22 | |
Net Cash Flow | 0.30 | -0.32 | 2.30 | 0.05 | -2.30 | 0.16 | 0.78 | -0.78 | -0.14 | 0.19 | -0.01 | 7.16 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 3,336.10 | 912.50 | 0.00 | 40.78 | 135.98 | 140.01 | 161.32 | 70.26 | 3.46 | 20.69 | 173.25 | 51.45 |
Inventory Days | 0.00 | 152.08 | 328.50 | 141.94 | 260.42 | 308.13 | 3.69 | 35.12 | 607.13 | 26.43 | 62.83 | |
Days Payable | 5.07 | 36.50 | 13.52 | 2.05 | 277.38 | 57.24 | 17.09 | 36.14 | 1.99 | 1.50 | ||
Cash Conversion Cycle | 3,336.10 | 912.50 | 147.01 | 332.78 | 264.41 | 398.38 | 192.07 | 16.70 | 21.50 | 591.68 | 197.69 | 112.78 |
Working Capital Days | 664.30 | 380.21 | 594.70 | 207.99 | 438.36 | 394.97 | 237.42 | 17.95 | 628.55 | 2,031.86 | 1,143.67 | 1,767.60 |
ROCE % | 2.33% | 2.67% | 0.75% | 1.48% | 2.85% | 16.36% | 15.89% | 17.85% | 16.46% | 11.17% | 11.36% | 10.47% |
Documents
Announcements
- CERTIFICATE UNDER REGULATION 40(9) OF SEBI (LODR) REGULATIONS, 2015 FOR THE PERIOD FROM 01.04.2023 TO 31.03.2024 20 Apr
- COMPLIANCE CERTIFICATE FOR THE PERIOD ENDED ON 31.03.2024 10 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 10 Apr
- Closure of Trading Window 22 Mar
- CLARIFICATION ON PRICE MOVEMENT OF SHARES 12 Mar
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Busienss Overview:[1][2]
a) RAFL is in the business of agri-dairy products line. It produces a wide range of organics vegetables, grains & cereals, dairy products, fertilizers etc.
b) Company is also running a business of organic manure
c) It is doing Dairy farming business through production and distribution of dairy products
d) Company is also engaged in generation of power through Bio Gas Power Plant