Raghav Productivity Enhancers Ltd
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]
- 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.
Peer comparison
Sector: Refractories Industry: Refractories / Intermediates
Part of BSE SmallCap BSE Allcap BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2 May - Sir/Ma''am Please find attached Newspaper publication regarding Financial Results for quarter/year ended 31st March, 2025
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Financial Results For Year Ended 31St March, 2025
30 Apr - FY25 audited results with Rs.1 final dividend; capacity expansion adds 90,000 MTPA at subsidiary; clean audit report.
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Board Meeting Outcome for Outcome Of Board Meeting Held On 30Th April, 2025
30 Apr - Audited FY25 results approved; final dividend Rs1/share; capacity expansion adds 90,000 MTPA at subsidiary; ESOP shares allotted.
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
30 Apr - Company confirms non-applicability of SEBI Large Corporate criteria for FY 2024-25.
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Board Meeting Intimation for Meeting Held On 30Th April, 2025
23 Apr - Board meeting on April 30 to approve FY25 results, dividend, subsidiary CEO appointment, and ESOP allotment.
Annual reports
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Financial Year 2024
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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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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]