Rajeshwari Cans Ltd

Rajeshwari Cans Ltd

₹ 154 -0.32%
02 May - close price
About

Incorporated in 2018, Rajeshwari Cans Ltd manufactures Containers & Packaging products

Key Points

Product Profile:[1]
Company manufactures round printed tin containers of sizes 50 Gm/Ml. to 5 Kgs/Liters used for packing of tobacco and snuff. It also manufactures MS Drums available between 5 Kgs to 30 Kgs

  • Market Cap 80.5 Cr.
  • Current Price 154
  • High / Low 202 / 105
  • Stock P/E 73.9
  • Book Value 17.8
  • Dividend Yield 0.00 %
  • ROCE 15.2 %
  • ROE 13.0 %
  • Face Value 10.0

Pros

  • Debtor days have improved from 48.1 to 26.8 days.
  • Company's working capital requirements have reduced from 77.9 days to 53.0 days

Cons

  • Stock is trading at 8.60 times its book value
  • Company has a low return on equity of 9.84% over last 3 years.

* 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: Packaging Industry: Packaging

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Half Yearly Results

Figures in Rs. Crores

Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023
7.91 11.84 11.05 14.09 16.48 16.18 15.44
7.26 10.97 10.37 13.15 15.09 14.91 14.13
Operating Profit 0.65 0.87 0.68 0.94 1.39 1.27 1.31
OPM % 8.22% 7.35% 6.15% 6.67% 8.43% 7.85% 8.48%
0.02 0.08 0.06 0.04 0.01 0.00 0.01
Interest 0.27 0.32 0.24 0.26 0.24 0.30 0.17
Depreciation 0.29 0.43 0.34 0.35 0.31 0.31 0.26
Profit before tax 0.11 0.20 0.16 0.37 0.85 0.66 0.89
Tax % 27.27% 30.00% 25.00% 27.03% 27.06% 34.85% 26.97%
0.08 0.14 0.11 0.27 0.63 0.44 0.65
EPS in Rs 0.25 0.43 0.21 0.51 1.20 0.84 1.24
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
18.49 21.32 22.09 19.76 25.15 32.65 31.62
17.03 19.61 20.48 18.24 23.52 29.91 29.04
Operating Profit 1.46 1.71 1.61 1.52 1.63 2.74 2.58
OPM % 7.90% 8.02% 7.29% 7.69% 6.48% 8.39% 8.16%
0.00 0.00 0.01 0.10 0.09 0.01 0.01
Interest 0.69 0.74 0.66 0.59 0.50 0.62 0.47
Depreciation 0.54 0.74 0.70 0.73 0.70 0.61 0.57
Profit before tax 0.23 0.23 0.26 0.30 0.52 1.52 1.55
Tax % 52.17% 34.78% 34.62% 30.00% 28.85% 29.61%
0.11 0.16 0.17 0.22 0.38 1.06 1.09
EPS in Rs 0.59 0.86 0.91 0.68 0.72 2.02 2.08
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 34.54% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 12%
3 Years: 14%
TTM: 3%
Compounded Profit Growth
10 Years: %
5 Years: 57%
3 Years: 84%
TTM: 21%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 102%
1 Year: 2%
Return on Equity
10 Years: %
5 Years: 9%
3 Years: 10%
Last Year: 13%

Balance Sheet

Figures in Rs. Crores

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 1.98 1.87 1.87 3.23 5.25 5.25 5.25
Reserves 0.00 0.16 0.32 0.54 2.40 3.47 4.11
5.96 6.52 6.29 6.46 6.70 5.16 6.79
3.67 4.67 3.91 5.10 4.64 5.32 6.02
Total Liabilities 11.61 13.22 12.39 15.33 18.99 19.20 22.17
4.35 4.38 3.97 5.40 4.96 6.78 6.52
CWIP 0.00 0.00 0.22 0.00 0.00 1.27 1.27
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00
7.26 8.84 8.20 9.93 14.03 11.15 14.38
Total Assets 11.61 13.22 12.39 15.33 18.99 19.20 22.17

Cash Flows

Figures in Rs. Crores

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
1.25 0.53 0.58 1.00 -1.83 3.34
-1.41 -0.77 -0.52 -1.94 -0.26 -3.70
0.33 -0.33 0.42 0.92 2.17 -0.02
Net Cash Flow 0.16 -0.57 0.48 -0.02 0.09 -0.37

Ratios

Figures in Rs. Crores

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 60.80 61.97 67.75 65.20 52.39 26.83
Inventory Days 83.99 111.53 60.42 125.20 147.76 122.75
Days Payable 112.41 107.93 102.18 153.54 93.01 80.69
Cash Conversion Cycle 32.38 65.58 25.98 36.86 107.14 68.89
Working Capital Days 49.75 60.09 51.22 65.94 114.65 52.99
ROCE % 11.76% 10.80% 9.51% 8.30% 15.16%

Shareholding Pattern

Numbers in percentages

15 Recently
Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024
61.57% 61.57% 61.57% 61.57% 61.57% 61.57%
38.43% 38.43% 38.42% 38.43% 38.44% 38.43%
No. of Shareholders 142122909093105

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