Gujarat Raffia Industries Ltd
₹ 42.1
0.10%
13 Jun
- close price
About
Incorporated in 1984, Gujarat Raffia Industries Limited manufactures PE / HDPE Tarpaulins, PP Bags, Geomembrane, Agro Vermibed etc.
Key Points
- Market Cap ₹ 22.8 Cr.
- Current Price ₹ 42.1
- High / Low ₹ 106 / 34.7
- Stock P/E 43.8
- Book Value ₹ 39.2
- Dividend Yield 0.00 %
- ROCE 3.97 %
- ROE 2.49 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 1.07 times its book value
- Debtor days have improved from 36.4 to 26.4 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -2.31% over past five years.
- Promoter holding is low: 39.6%
- Company has a low return on equity of 3.05% 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
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
36.50 | 38.74 | 37.03 | 36.50 | 38.62 | 47.56 | 33.76 | 38.79 | 37.98 | 39.24 | 30.91 | 30.04 | |
33.46 | 34.42 | 33.63 | 32.45 | 35.44 | 45.05 | 32.21 | 36.22 | 35.94 | 37.76 | 29.33 | 28.24 | |
Operating Profit | 3.04 | 4.32 | 3.40 | 4.05 | 3.18 | 2.51 | 1.55 | 2.57 | 2.04 | 1.48 | 1.58 | 1.80 |
OPM % | 8.33% | 11.15% | 9.18% | 11.10% | 8.23% | 5.28% | 4.59% | 6.63% | 5.37% | 3.77% | 5.11% | 5.99% |
0.31 | 0.10 | 0.72 | 0.04 | 0.01 | 0.43 | 0.51 | 0.31 | 0.56 | 2.14 | 0.89 | 0.53 | |
Interest | 1.18 | 1.38 | 1.11 | 1.36 | 0.91 | 0.72 | 0.30 | 0.19 | 0.32 | 1.06 | 0.48 | 0.33 |
Depreciation | 1.22 | 2.06 | 2.01 | 1.71 | 1.21 | 1.07 | 1.21 | 1.44 | 0.97 | 1.28 | 1.32 | 1.38 |
Profit before tax | 0.95 | 0.98 | 1.00 | 1.02 | 1.07 | 1.15 | 0.55 | 1.25 | 1.31 | 1.28 | 0.67 | 0.62 |
Tax % | 20.00% | 19.39% | 21.00% | 23.53% | 20.56% | 20.00% | 41.82% | 4.80% | 14.50% | 19.53% | 19.40% | 16.13% |
0.77 | 0.80 | 0.79 | 0.78 | 0.85 | 0.92 | 0.33 | 1.19 | 1.12 | 1.03 | 0.54 | 0.52 | |
EPS in Rs | 1.54 | 1.60 | 1.58 | 1.56 | 1.70 | 1.70 | 0.61 | 2.20 | 2.07 | 1.91 | 1.00 | 0.96 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -3% |
5 Years: | -2% |
3 Years: | -8% |
TTM: | -3% |
Compounded Profit Growth | |
---|---|
10 Years: | -4% |
5 Years: | 10% |
3 Years: | -21% |
TTM: | -4% |
Stock Price CAGR | |
---|---|
10 Years: | 17% |
5 Years: | 30% |
3 Years: | 12% |
1 Year: | -6% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 4% |
3 Years: | 3% |
Last Year: | 2% |
Balance Sheet
Figures in Rs. Crores
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 | 4.99 | 4.99 | 4.99 | 4.99 | 4.99 | 5.40 | 5.40 | 5.40 | 5.40 | 5.40 | 5.40 | 5.40 |
Reserves | 5.74 | 6.68 | 7.47 | 8.25 | 9.10 | 11.05 | 11.38 | 12.57 | 13.69 | 14.71 | 15.25 | 15.77 |
20.58 | 17.90 | 18.26 | 10.85 | 10.23 | 11.61 | 1.20 | 3.22 | 8.22 | 12.55 | 3.52 | 2.50 | |
6.00 | 5.40 | 3.95 | 9.23 | 8.10 | 9.02 | 7.67 | 3.27 | 5.49 | 3.06 | 1.87 | 1.70 | |
Total Liabilities | 37.31 | 34.97 | 34.67 | 33.32 | 32.42 | 37.08 | 25.65 | 24.46 | 32.80 | 35.72 | 26.04 | 25.37 |
16.52 | 14.86 | 13.01 | 11.31 | 10.19 | 9.57 | 9.03 | 7.64 | 9.15 | 12.13 | 10.75 | 11.09 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.05 | 0.05 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.00 | 5.60 |
20.74 | 20.06 | 21.61 | 22.01 | 22.23 | 27.51 | 16.62 | 16.82 | 23.65 | 23.59 | 13.29 | 8.68 | |
Total Assets | 37.31 | 34.97 | 34.67 | 33.32 | 32.42 | 37.08 | 25.65 | 24.46 | 32.80 | 35.72 | 26.04 | 25.37 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
6.22 | 3.98 | 0.95 | 8.37 | 3.47 | -0.56 | 9.07 | -0.76 | -5.88 | 7.38 | 5.02 | 7.70 | |
-10.31 | -0.21 | -0.05 | 0.08 | -0.08 | -0.40 | -0.61 | 0.17 | -2.40 | -4.23 | -1.91 | -5.32 | |
4.09 | -4.08 | -0.76 | -8.77 | -1.03 | 3.62 | -10.35 | 1.70 | 4.62 | 3.29 | -9.48 | -1.31 | |
Net Cash Flow | 0.00 | -0.30 | 0.14 | -0.32 | 2.36 | 2.66 | -1.89 | 1.11 | -3.66 | 6.44 | -6.37 | 1.07 |
Ratios
Figures in Rs. Crores
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 | 88.10 | 57.76 | 88.51 | 105.90 | 92.43 | 82.58 | 58.38 | 59.94 | 101.10 | 40.93 | 41.92 | 26.37 |
Inventory Days | 133.67 | 151.61 | 144.01 | 134.33 | 106.92 | 97.65 | 92.87 | 58.42 | 120.98 | 111.68 | 105.75 | 52.63 |
Days Payable | 18.27 | 25.20 | 23.67 | 26.73 | 21.51 | 46.77 | 37.99 | 11.68 | 39.96 | 16.06 | 5.03 | 2.24 |
Cash Conversion Cycle | 203.50 | 184.16 | 208.85 | 213.51 | 177.84 | 133.46 | 113.26 | 106.68 | 182.12 | 136.54 | 142.64 | 76.76 |
Working Capital Days | 119.00 | 114.66 | 148.35 | 105.10 | 94.79 | 101.76 | 61.41 | 86.66 | 167.32 | 124.46 | 126.00 | 129.65 |
ROCE % | 7.81% | 7.75% | 7.03% | 8.68% | 8.18% | 7.14% | 3.69% | 6.48% | 6.47% | 6.90% | 4.05% | 3.97% |
Documents
Announcements
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Intimation Under Regulation 30 Of SEBI (Listing Obligations And
Disclosure Requirements) Regulations, 2015
31 May - Company Secretary Neha Shyamsingh Tomar resigns effective 31 May 2025.
-
Board Meeting Outcome for Outcome Of Meeting Of Board Held On 29 May 2025.
29 May - Audited financial results for FY ended March 31, 2025 approved; company secretary resigned.
-
Non-Applicability Of Regulation 24A As Per Regulation 15 Of Chapter IV Of SEBI (LODR) Regulations, 2015 For The Year Ended March 31, 2025.
28 May - Exempted from SEBI secretarial compliance report for FY 2024-25 due to capital and net worth limits.
-
Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29 Of SEBI (Listing
Obligation And Disclosure Requirements) Regulations, 2015
23 May - Board meeting on May 29 to approve FY25 results and CS resignation effective May 31.
-
Compliance Under Reg 40(10) Certificate Form PCS
29 Apr - Compliance Certificate Under Reg 40(10) Certificate received from the PCS for the Period Ended 31.03.2025
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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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
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2008
from bse
Product Portfolio:[1]
a) Industrial Products:
HDPE Tarpaulin
PP Woven Bags
Railway Wagon Covers
Fumigation Covers
b) Agricultural Products:
Sharkmat (Pond Liner)
Agricultural Vermibed
Azolla Bed
HDPE Grow Bags
HDPE Weed Mats
c) Camping & Relief Products:
Tarpaulin Tents
Plastic Sheeting / PE Tarpaulin
GRIL PP Ropes