Raghav Productivity Enhancers Ltd

Raghav Productivity Enhancers Ltd

₹ 626 2.54%
07 May - close price
About

RPEL is engaged in manufacturing of quartz based ramming mass, quartz powder, and tundish board. It sells its products under the brand name of “Raghav”. [1]

Key Points

Key Customers
Key customers for RPEL include R.L. Steel, Mahalakshmi TMT, and Varsana SPA, to whom the company supplies ramming mass, silica ramming mixes, quartz, etc. [1]

  • Market Cap 2,874 Cr.
  • Current Price 626
  • High / Low 890 / 288
  • Stock P/E 134
  • Book Value 39.0
  • Dividend Yield 0.07 %
  • ROCE 17.2 %
  • ROE 12.7 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 35.9%

Cons

  • Stock is trading at 16.1 times its book value
  • The company has delivered a poor sales growth of 11.6% over past five years.
  • Promoter holding has decreased over last 3 years: -6.69%
  • Working capital days have increased from 174 days to 266 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.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
31.90 33.46 35.97 33.87 34.46 30.17 29.76 27.33 31.50 28.95 26.36 31.30 28.77
25.04 25.67 27.06 24.48 24.26 21.66 20.61 18.29 22.27 21.51 20.05 23.56 21.12
Operating Profit 6.86 7.79 8.91 9.39 10.20 8.51 9.15 9.04 9.23 7.44 6.31 7.74 7.65
OPM % 21.50% 23.28% 24.77% 27.72% 29.60% 28.21% 30.75% 33.08% 29.30% 25.70% 23.94% 24.73% 26.59%
0.80 0.93 0.44 0.22 0.28 0.14 0.14 0.23 0.33 0.42 0.70 0.68 0.67
Interest 0.36 0.28 0.27 0.26 0.13 0.04 0.05 0.04 0.04 0.04 0.02 0.04 0.02
Depreciation 0.63 0.61 0.63 0.66 0.64 0.67 0.68 0.68 0.67 0.66 0.67 0.72 0.61
Profit before tax 6.67 7.83 8.45 8.69 9.71 7.94 8.56 8.55 8.85 7.16 6.32 7.66 7.69
Tax % 22.79% 25.67% 25.80% 25.09% 25.44% 25.06% 26.52% 26.08% 24.52% 25.14% 26.27% 24.67% 27.18%
5.15 5.82 6.27 6.51 7.24 5.95 6.29 6.33 6.68 5.35 4.67 5.77 5.60
EPS in Rs 1.18 1.33 1.44 1.49 1.57 1.29 1.37 1.38 1.46 1.17 1.02 1.26 1.22
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
22 38 46 42 47 56 67 65 101 138 119 115
20 35 42 36 37 43 51 50 76 101 83 86
Operating Profit 2 3 5 6 10 13 16 15 25 36 36 29
OPM % 7% 7% 10% 14% 21% 23% 23% 23% 25% 26% 30% 25%
0 0 0 0 0 0 0 0 3 2 1 2
Interest 1 1 2 1 1 2 1 1 1 1 0 0
Depreciation 0 0 1 1 1 2 2 2 2 3 3 3
Profit before tax 1 1 2 4 8 10 13 12 25 35 34 29
Tax % 31% 32% 43% 33% 26% 21% 27% 25% 25% 25% 26% 26%
0 1 1 3 6 8 9 9 19 26 25 21
EPS in Rs 2.35 0.54 0.46 0.63 1.46 2.00 2.35 2.11 4.26 5.62 5.50 4.66
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 6% 6% 4% 82% 21%
Compounded Sales Growth
10 Years: 12%
5 Years: 12%
3 Years: 5%
TTM: -3%
Compounded Profit Growth
10 Years: 40%
5 Years: 18%
3 Years: 6%
TTM: -15%
Stock Price CAGR
10 Years: %
5 Years: 99%
3 Years: 70%
1 Year: 94%
Return on Equity
10 Years: 18%
5 Years: 17%
3 Years: 17%
Last Year: 13%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 0.34 3 5 7 7 10 10 11 11 11 23 46
Reserves 3 5 3 11 17 22 32 54 98 123 136 133
15 14 13 12 10 8 6 0 6 0 0 0
3 4 8 7 8 11 12 10 18 18 16 19
Total Liabilities 23 26 30 38 42 51 60 75 133 152 175 198
1 10 13 12 22 22 28 28 27 26 23 27
CWIP 7 0 0 7 0 1 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 2 58 79 99
14 16 16 18 20 27 32 47 104 69 72 72
Total Assets 23 26 30 38 42 51 60 75 133 152 175 198

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
4 -1 7 1 7 7 8 11 8 20 23 27
-6 -1 -4 -7 -3 -3 -5 -13 -42 -14 -19 -24
4 1 -3 7 -3 -4 -2 8 29 -7 -1 -2
Net Cash Flow 1 -1 -0 -0 -0 -0 0 7 -4 -1 3 2

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 131 116 93 102 101 106 113 103 130 98 104 121
Inventory Days 38 37 32 52 77 125 114 149 163 155 237 246
Days Payable 83 53 62 54 53 78 71 75 128 98 97 113
Cash Conversion Cycle 86 99 63 100 124 153 156 177 165 155 243 254
Working Capital Days 140 111 55 93 95 109 127 130 125 112 143 266
ROCE % 10% 12% 19% 19% 28% 31% 32% 23% 27% 28% 23% 17%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
69.61% 69.61% 66.39% 62.92% 62.92% 62.92% 62.92% 62.92% 62.92% 62.92% 62.92% 62.92%
0.00% 0.00% 0.00% 0.00% 0.00% 0.07% 0.00% 0.00% 0.04% 0.01% 0.05% 0.18%
30.39% 30.39% 33.61% 37.09% 37.07% 37.01% 37.08% 37.08% 37.04% 37.08% 37.03% 36.91%
No. of Shareholders 4,9935,2555,3396,6368,79210,73010,0369,8018,7249,86814,67514,977

* 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

Concalls