La Opala RG Ltd
La Opala RG is a leading manufacturer and marketer of tablewares (opal and glass) in India.
- Market Cap ₹ 3,306 Cr.
- Current Price ₹ 298
- High / Low ₹ 480 / 296
- Stock P/E 24.8
- Book Value ₹ 74.6
- Dividend Yield 1.68 %
- ROCE 22.1 %
- ROE 16.0 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 36.0%
- Debtor days have improved from 43.7 to 29.2 days.
Cons
- Company has a low return on equity of 12.6% 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: Glass & Glass Products Industry: Glass & Glass Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
114 | 153 | 176 | 222 | 248 | 235 | 259 | 278 | 270 | 211 | 323 | 452 | 391 | |
87 | 109 | 126 | 156 | 161 | 146 | 150 | 165 | 166 | 143 | 200 | 280 | 241 | |
Operating Profit | 27 | 44 | 50 | 66 | 86 | 89 | 109 | 113 | 104 | 69 | 122 | 172 | 151 |
OPM % | 24% | 29% | 28% | 30% | 35% | 38% | 42% | 40% | 39% | 32% | 38% | 38% | 38% |
0 | -2 | 1 | 1 | 1 | 11 | 11 | 17 | 17 | 8 | 12 | 22 | 40 | |
Interest | 4 | 4 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 4 | 7 | 8 |
Depreciation | 5 | 6 | 7 | 10 | 9 | 12 | 14 | 16 | 16 | 12 | 14 | 22 | 23 |
Profit before tax | 18 | 32 | 41 | 56 | 78 | 86 | 105 | 113 | 105 | 64 | 117 | 165 | 160 |
Tax % | 31% | 30% | 27% | 25% | 25% | 28% | 30% | 34% | 19% | 23% | 25% | 25% | |
13 | 23 | 30 | 42 | 59 | 62 | 73 | 74 | 84 | 50 | 87 | 123 | 133 | |
EPS in Rs | 1.19 | 2.16 | 2.83 | 3.76 | 5.29 | 5.60 | 6.62 | 6.67 | 7.59 | 4.47 | 7.87 | 11.08 | 12.01 |
Dividend Payout % | 17% | 16% | 18% | 17% | 17% | 18% | 17% | 18% | 16% | 34% | 29% | 45% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 12% |
3 Years: | 19% |
TTM: | -10% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 10% |
3 Years: | 14% |
TTM: | 13% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 7% |
3 Years: | 10% |
1 Year: | -13% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 13% |
3 Years: | 13% |
Last Year: | 16% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
Reserves | 45 | 63 | 87 | 174 | 221 | 424 | 481 | 507 | 523 | 644 | 718 | 753 | 806 |
25 | 30 | 14 | 8 | 6 | 0 | 4 | 1 | 5 | 2 | 15 | 13 | 10 | |
22 | 28 | 33 | 36 | 46 | 60 | 69 | 71 | 61 | 74 | 91 | 109 | 133 | |
Total Liabilities | 102 | 132 | 145 | 229 | 284 | 495 | 577 | 601 | 611 | 742 | 846 | 897 | 971 |
49 | 64 | 73 | 65 | 107 | 108 | 131 | 121 | 122 | 114 | 119 | 217 | 207 | |
CWIP | 2 | 1 | 2 | 6 | 1 | 1 | 0 | 2 | 25 | 81 | 108 | 0 | 5 |
Investments | 0 | 8 | 0 | 90 | 95 | 305 | 361 | 356 | 340 | 461 | 535 | 554 | 602 |
52 | 59 | 69 | 68 | 80 | 82 | 84 | 122 | 124 | 86 | 84 | 126 | 157 | |
Total Assets | 102 | 132 | 145 | 229 | 284 | 495 | 577 | 601 | 611 | 742 | 846 | 897 | 971 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
14 | 31 | 39 | 47 | 61 | 72 | 80 | 51 | 73 | 83 | 99 | 109 | |
-5 | -29 | -8 | -97 | -49 | -52 | -69 | -32 | -45 | -79 | -75 | -69 | |
-10 | -2 | -23 | 42 | -11 | -19 | -10 | -18 | -29 | -4 | -24 | -40 | |
Net Cash Flow | -0 | 0 | 8 | -9 | 0 | 1 | 1 | 0 | -1 | -0 | -0 | 0 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 52 | 44 | 45 | 38 | 38 | 51 | 58 | 63 | 59 | 65 | 37 | 29 |
Inventory Days | 583 | 513 | 364 | 385 | 370 | 336 | 362 | 807 | 757 | 255 | 353 | 596 |
Days Payable | 76 | 66 | 45 | 60 | 42 | 65 | 114 | 215 | 167 | 111 | 185 | 206 |
Cash Conversion Cycle | 559 | 492 | 364 | 363 | 367 | 322 | 305 | 655 | 650 | 209 | 205 | 419 |
Working Capital Days | 86 | 67 | 69 | 52 | 54 | 73 | 62 | 83 | 91 | 46 | 15 | 44 |
ROCE % | 29% | 43% | 40% | 37% | 37% | 26% | 23% | 21% | 19% | 10% | 17% | 22% |
Documents
Announcements
- Closure of Trading Window 2d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 21 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 20 Mar
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 15 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 4 Mar
Annual reports
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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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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Product Portfolio
The product portfolio of the company includes Opal glassware which includes Plates, Bowls, Dinner sets, Cup-saucer Sets, Coffee mugs, Coffee cups, Tea sets, Soup sets, Pudding, Dessert sets, etc, and Crystalware which includes Barware, Vases, Bowls, Stemware, etc [1]