Roni Households Ltd

Roni Households Ltd

₹ 44.1 -2.00%
22 Apr 10:44 a.m.
About

Incorporated in 2017, Roni Households Ltd does Trading of Agriculture Products and Manufacturing of Plastic Products

Key Points

Business Process:[1]
a) Trading:
This vertical of the company is a B2B model
and operates primarily on an agency basis
wherein the goods are procured from suppliers
on cash or credit basis and supplied to customers on a credit basis. The procurement of goods is carried out on an order and demand estimation basis.
b) Proposed Manufacturing Process:
The Co. manufactures Plastic Household products under this segment.

  • Market Cap 22.9 Cr.
  • Current Price 44.1
  • High / Low 54.0 / 27.6
  • Stock P/E
  • Book Value 25.0
  • Dividend Yield 0.00 %
  • ROCE 2.90 %
  • ROE 0.62 %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -6.28%
  • The company has delivered a poor sales growth of 5.01% over past five years.
  • Company has a low return on equity of -4.18% over last 3 years.
  • Company has high debtors of 223 days.
  • Working capital days have increased from 421 days to 772 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: Plastic products Industry: Plastics Products

Loading peers table ...

Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023
2.94 5.57 1.71 8.98 3.04 7.71 2.23 3.26 2.96
2.44 4.58 0.90 7.90 2.94 7.67 1.49 3.03 2.67
Operating Profit 0.50 0.99 0.81 1.08 0.10 0.04 0.74 0.23 0.29
OPM % 17.01% 17.77% 47.37% 12.03% 3.29% 0.52% 33.18% 7.06% 9.80%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.11 0.00
Interest 0.26 0.24 0.27 0.23 0.21 0.18 0.19 0.14 0.09
Depreciation 0.13 0.48 0.31 0.81 0.46 0.48 0.47 0.16 0.20
Profit before tax 0.11 0.27 0.23 0.04 -0.57 -0.62 0.08 0.04 0.00
Tax % -9.09% -7.41% 0.00% 275.00% 26.32% 0.00% -50.00% 225.00%
0.13 0.28 0.23 -0.07 -0.42 -0.62 0.12 -0.05 0.00
EPS in Rs 0.25 0.54 0.44 -0.13 -0.81 -1.19 0.23 -0.10 0.00
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
4.30 7.80 8.51 10.69 10.75 5.49 6.22
4.19 7.16 7.02 8.80 10.61 4.52 5.70
Operating Profit 0.11 0.64 1.49 1.89 0.14 0.97 0.52
OPM % 2.56% 8.21% 17.51% 17.68% 1.30% 17.67% 8.36%
0.00 0.00 0.00 0.00 0.00 0.11 0.11
Interest 0.00 0.13 0.50 0.50 0.39 0.33 0.23
Depreciation 0.00 0.23 0.61 1.11 0.94 0.64 0.36
Profit before tax 0.11 0.28 0.38 0.28 -1.19 0.11 0.04
Tax % 27.27% -21.43% -7.89% 42.86% -5.88% 36.36%
0.08 0.33 0.41 0.16 -1.26 0.07 -0.05
EPS in Rs 1.33 0.63 0.79 0.31 -2.42 0.13 -0.10
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 5%
3 Years: -14%
TTM: -37%
Compounded Profit Growth
10 Years: %
5 Years: -6%
3 Years: -47%
TTM: 90%
Stock Price CAGR
10 Years: %
5 Years: 14%
3 Years: -10%
1 Year: -14%
Return on Equity
10 Years: %
5 Years: -1%
3 Years: -4%
Last Year: 1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0.51 4.34 4.34 4.34 4.34 5.20 5.20
Reserves 0.08 3.01 3.42 3.58 2.32 7.59 7.81
0.93 4.86 6.02 7.49 7.12 2.41 2.79
1.97 4.48 1.30 2.23 13.23 1.76 1.94
Total Liabilities 3.49 16.69 15.08 17.64 27.01 16.96 17.74
0.02 6.10 6.27 5.65 4.48 3.17 2.79
CWIP 0.57 0.01 0.01 0.01 0.00 0.00 0.01
Investments 0.00 2.03 2.03 2.03 2.03 0.01 2.51
2.90 8.55 6.77 9.95 20.50 13.78 12.43
Total Assets 3.49 16.69 15.08 17.64 27.01 16.96 17.74

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0.81 -2.55 -0.40 -0.35 1.42 -3.59
-0.59 -7.82 -0.77 -0.46 -0.67 2.65
1.44 10.36 1.16 0.97 -0.76 1.04
Net Cash Flow 0.04 -0.02 -0.01 0.16 -0.01 0.11

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 179.10 160.97 184.43 216.13 465.84 223.39
Inventory Days 49.08 187.21 77.20 120.16 172.62 492.20
Days Payable 170.45 238.16 70.96 99.30 458.24 156.69
Cash Conversion Cycle 57.74 110.02 190.67 236.99 180.22 558.89
Working Capital Days 74.70 181.56 223.46 251.98 238.01 771.89
ROCE % 5.97% 6.77% 5.34% -5.48% 2.90%

Shareholding Pattern

Numbers in percentages

10 Recently
Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Dec 2022Mar 2023Sep 2023Mar 2024
65.40% 65.40% 65.40% 65.40% 59.66% 59.66% 59.66% 59.66% 65.42% 65.42% 66.39% 60.11%
34.60% 34.60% 34.60% 34.60% 40.34% 40.34% 40.34% 40.33% 34.57% 34.58% 33.61% 39.89%
No. of Shareholders 325168689398132142151160168178

Documents