Retina Paints Ltd

Retina Paints Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Retina Paints Ltd

₹ 79.5 15.38%
24 Apr 10:18 a.m.
retinapaints.com BSE: 543902
About

Incorporated in 2010, Retina Paints Limited is engaged in manufacturing of Decorative Paints like Distempers, Wall Care Products, Primers, Emulsions, etc.[1]

Key Points

Business Area[1] Retina Paints Limited operates on B2B Business Model, where they sell their products to dealers and distributors who then sell these products to end customers.

Website BSE
  • Market Cap ₹ 111 Cr.
  • Current Price ₹ 79.5
  • High / Low ₹ 81.0 / 28.0
  • Stock P/E
  • Book Value ₹ 15.4
  • Dividend Yield 0.00 %
  • ROCE 6.47 %
  • ROE 4.04 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Debtor days have improved from 192 to 152 days.

Cons

  • Stock is trading at 4.48 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 5.09% over last 3 years.
  • Company has high debtors of 152 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: Paints/Varnish Industry: Paints / Varnishes

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Half Yearly Results

Figures in Rs. Crores

Sep 2022 Mar 2023 Sep 2023
5.02 5.92 5.16
4.38 5.75 6.88
Operating Profit 0.64 0.17 -1.72
OPM % 12.75% 2.87% -33.33%
0.01 0.29 0.11
Interest 0.37 0.02 0.29
Depreciation 0.05 0.26 0.37
Profit before tax 0.23 0.18 -2.27
Tax % 26.09% 27.78% 5.29%
0.17 0.13 -2.15
EPS in Rs 0.92 0.13 -1.54
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
6.04 6.13 6.56 10.04 11.08
5.69 5.62 5.98 9.22 12.63
Operating Profit 0.35 0.51 0.58 0.82 -1.55
OPM % 5.79% 8.32% 8.84% 8.17% -13.99%
-0.02 0.00 0.09 0.30 0.40
Interest 0.18 0.36 0.34 0.40 0.31
Depreciation 0.07 0.06 0.10 0.31 0.63
Profit before tax 0.08 0.09 0.23 0.41 -2.09
Tax % 37.50% 44.44% 34.78% 26.83%
0.05 0.05 0.16 0.30 -2.02
EPS in Rs 0.69 0.69 0.86 0.29 -1.41
Dividend Payout % 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 18%
TTM: 53%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 62%
TTM: 88%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 5%
Last Year: 4%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0.72 0.72 1.85 10.24 13.94
Reserves 0.19 0.23 0.52 2.24 7.49
3.19 6.14 5.88 4.29 3.94
2.60 2.77 3.37 3.30 4.03
Total Liabilities 6.70 9.86 11.62 20.07 29.40
0.27 0.50 1.85 9.57 10.78
CWIP 0.22 2.54 1.88 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.11
6.21 6.82 7.89 10.50 18.51
Total Assets 6.70 9.86 11.62 20.07 29.40

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023
-1.45 -2.51 -0.25 -1.26
-0.20 -0.29 -0.13 -6.16
1.62 2.74 0.54 7.54
Net Cash Flow -0.02 -0.06 0.15 0.13

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 172.83 219.71 205.31 151.60
Inventory Days 242.62 248.16 292.89 225.48
Days Payable 209.34 201.81 211.88 151.30
Cash Conversion Cycle 206.11 266.06 286.32 225.78
Working Capital Days 201.23 238.77 233.69 235.58
ROCE % 8.04% 7.43% 6.47%

Shareholding Pattern

Numbers in percentages

1 Recently
May 2023Sep 2023Mar 2024
59.28% 59.28% 59.28%
40.72% 40.72% 40.71%
No. of Shareholders 753342338

Documents

Announcements

Annual reports