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 37.7
- Book Value ₹ 54.9
- Dividend Yield 0.00 %
- ROCE 9.46 %
- ROE 8.88 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Debtor days have improved from 68.1 to 37.0 days.
Cons
- Stock is trading at 3.63 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 -17.0% over past five years.
- Promoter holding is low: 21.1%
- Tax rate seems low
- Company has a low return on equity of 9.59% over last 3 years.
- Promoters have pledged 39.8% of their holding.
- Earnings include an other income of Rs.5.07 Cr.
- Working capital days have increased from 923 days to 1,297 days
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|
1.97 | 3.58 | 6.33 | 16.24 | 28.56 | 437.40 | 43.42 | 19.29 | 22.31 | 11.23 | 8.89 | |
1.62 | 2.70 | 4.38 | 10.10 | 22.18 | 427.08 | 33.85 | 15.39 | 19.15 | 7.27 | 5.49 | |
Operating Profit | 0.35 | 0.88 | 1.95 | 6.14 | 6.38 | 10.32 | 9.57 | 3.90 | 3.16 | 3.96 | 3.40 |
OPM % | 17.77% | 24.58% | 30.81% | 37.81% | 22.34% | 2.36% | 22.04% | 20.22% | 14.16% | 35.26% | 38.25% |
0.16 | 0.17 | 0.15 | 0.25 | 0.63 | 0.22 | 1.26 | 2.69 | 4.55 | 4.12 | 5.07 | |
Interest | 0.02 | 0.09 | 0.06 | 0.09 | 0.07 | 0.04 | 0.05 | 0.02 | 0.01 | 0.06 | 0.05 |
Depreciation | 0.11 | 0.56 | 0.58 | 1.12 | 1.03 | 1.00 | 0.94 | 0.90 | 0.87 | 1.05 | 0.84 |
Profit before tax | 0.38 | 0.40 | 1.46 | 5.18 | 5.91 | 9.50 | 9.84 | 5.67 | 6.83 | 6.97 | 7.58 |
Tax % | 2.63% | -20.00% | 10.27% | 5.98% | 9.98% | 18.42% | 0.51% | 19.40% | 13.91% | 14.63% | |
0.37 | 0.47 | 1.31 | 4.87 | 5.32 | 7.75 | 9.79 | 4.57 | 5.88 | 5.96 | 6.56 | |
EPS in Rs | 0.44 | 0.39 | 1.10 | 4.09 | 4.46 | 6.50 | 8.21 | 3.83 | 4.93 | 5.00 | 5.27 |
Dividend Payout % | 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: | % |
5 Years: | -17% |
3 Years: | -36% |
TTM: | -52% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 0% |
3 Years: | -18% |
TTM: | -16% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 16% |
1 Year: | -13% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 10% |
Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 8.32 | 11.92 | 11.92 | 11.92 | 11.92 | 11.92 | 11.92 | 11.92 | 11.92 | 11.92 | 11.92 |
Reserves | 8.50 | 9.28 | 10.42 | 14.91 | 19.71 | 26.80 | 35.76 | 40.03 | 45.49 | 51.15 | 53.51 |
0.67 | 0.70 | 0.59 | 0.48 | 0.83 | 0.21 | 2.37 | 0.08 | 0.01 | 1.23 | 1.26 | |
4.00 | 3.12 | 3.58 | 6.28 | 18.89 | 71.42 | 9.17 | 8.27 | 10.14 | 8.21 | 9.03 | |
Total Liabilities | 21.49 | 25.02 | 26.51 | 33.59 | 51.35 | 110.35 | 59.22 | 60.30 | 67.56 | 72.51 | 75.72 |
7.03 | 10.34 | 4.23 | 13.67 | 13.28 | 12.58 | 12.41 | 12.83 | 12.14 | 15.78 | 14.47 | |
CWIP | 3.52 | 3.21 | 3.45 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 2.78 | 4.67 | 4.72 | 5.55 | 5.77 | 4.88 | 4.63 | 4.63 | 4.63 | 2.54 | 3.69 |
8.16 | 6.80 | 14.11 | 14.37 | 32.30 | 92.89 | 42.18 | 42.84 | 50.79 | 54.19 | 57.56 | |
Total Assets | 21.49 | 25.02 | 26.51 | 33.59 | 51.35 | 110.35 | 59.22 | 60.30 | 67.56 | 72.51 | 75.72 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
-1.17 | 1.45 | -0.76 | 0.99 | 1.37 | -0.97 | -1.10 | 4.19 | -0.47 | 13.45 | |
-8.11 | -1.41 | -1.06 | -0.77 | -0.86 | 0.59 | -0.52 | -1.31 | -0.19 | -4.30 | |
12.00 | 0.39 | -0.11 | -0.54 | 0.35 | -0.61 | 2.15 | -2.29 | 0.00 | 1.22 | |
Net Cash Flow | 2.72 | 0.43 | -1.93 | -0.32 | 0.86 | -0.99 | 0.54 | 0.59 | -0.65 | 10.37 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 127.84 | 53.02 | 87.07 | 73.04 | 135.72 | 70.82 | 13.62 | 21.19 | 146.10 | 37.05 |
Inventory Days | 256.76 | 215.45 | 324.44 | 104.37 | 289.66 | 4.70 | 55.45 | 105.93 | 17.65 | 47.00 |
Days Payable | 274.38 | 58.30 | 81.11 | 32.72 | 248.04 | 55.90 | 34.75 | 30.30 | 3.23 | 0.73 |
Cash Conversion Cycle | 110.22 | 210.17 | 330.40 | 144.69 | 177.35 | 19.63 | 34.32 | 96.82 | 160.52 | 83.32 |
Working Capital Days | 622.54 | 274.26 | 332.13 | 241.16 | 199.37 | 21.15 | 312.21 | 727.54 | 744.23 | 1,297.49 |
ROCE % | 2.18% | 6.01% | 18.65% | 17.84% | 23.93% | 20.02% | 10.05% | 11.32% | 9.46% |
Documents
Announcements
- 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
-
Clarification sought from Raghuvansh Agrofarms Ltd
11 Mar - Exchange has sought clarification from Raghuvansh Agrofarms Ltd on March 11, 2024, with reference to significant movement in price, in order to ensure that investors …
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
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