La Opala RG Ltd

La Opala RG Ltd

₹ 298 -2.95%
28 Mar - close price
About

La Opala RG is a leading manufacturer and marketer of tablewares (opal and glass) in India.

Key Points

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]

  • 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.

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
78 80 32 92 109 90 82 135 126 109 86 89 107
47 53 23 57 64 57 49 82 80 69 51 55 67
Operating Profit 31 27 10 36 45 32 33 53 46 40 35 34 41
OPM % 40% 34% 30% 38% 41% 36% 40% 39% 36% 37% 41% 39% 38%
5 3 5 5 4 -3 1 6 8 7 11 10 12
Interest 0 0 0 1 2 1 1 1 2 2 2 1 2
Depreciation 3 3 3 3 4 4 5 6 6 6 6 6 5
Profit before tax 33 27 12 36 44 25 28 52 47 39 39 38 45
Tax % 23% 26% 23% 25% 26% 25% 27% 24% 26% 25% 26% 17% 2%
25 20 9 27 32 19 20 39 35 29 29 31 44
EPS in Rs 2.28 1.79 0.80 2.46 2.93 1.68 1.81 3.52 3.12 2.63 2.59 2.81 3.98
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

1 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
65.64% 65.64% 65.64% 65.64% 65.64% 65.64% 65.64% 65.64% 65.64% 65.64% 65.64% 65.64%
6.20% 6.25% 6.14% 6.39% 6.00% 5.28% 4.67% 4.31% 3.96% 1.75% 1.68% 1.47%
15.86% 15.76% 15.08% 14.58% 14.52% 15.03% 15.21% 15.26% 15.88% 18.90% 19.44% 19.25%
12.29% 12.35% 13.13% 13.39% 13.83% 14.04% 14.46% 14.79% 14.51% 13.69% 13.22% 13.63%
No. of Shareholders 31,06534,97541,04554,52562,59465,68667,44970,07470,98469,29768,06972,458

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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