Lead Reclaim and Rubber Products Ltd
Incorporated in 2012, Lead Reclaim and Rubber Products Limited is in the business of manufacturing reclaimed rubber, crumb rubber powder, and rubber granules.[1]
- Market Cap ₹ 25.7 Cr.
- Current Price ₹ 35.0
- High / Low ₹ 72.4 / 31.1
- Stock P/E 53.5
- Book Value ₹ 14.9
- Dividend Yield 0.00 %
- ROCE 10.0 %
- ROE 12.2 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 129 days to 264 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: Plantation & Plantation Products Industry: Miscellaneous
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|
| 4.77 | 7.04 | 10.30 | 8.76 | 8.86 | |
| 3.67 | 5.87 | 9.09 | 7.61 | 7.84 | |
| Operating Profit | 1.10 | 1.17 | 1.21 | 1.15 | 1.02 |
| OPM % | 23.06% | 16.62% | 11.75% | 13.13% | 11.51% |
| 0.06 | 0.03 | 0.07 | 0.19 | 0.17 | |
| Interest | 0.31 | 0.32 | 0.24 | 0.26 | 0.35 |
| Depreciation | 0.42 | 0.36 | 0.36 | 0.39 | 0.43 |
| Profit before tax | 0.43 | 0.52 | 0.68 | 0.69 | 0.41 |
| Tax % | 13.95% | 55.77% | 26.47% | -20.29% | |
| 0.36 | 0.23 | 0.50 | 0.83 | 0.48 | |
| EPS in Rs | 17.87 | 11.41 | 2.26 | 1.13 | 0.65 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 22% |
| TTM: | -15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 32% |
| TTM: | 66% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -6% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 18% |
| Last Year: | 12% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|
| Equity Capital | 0.20 | 0.20 | 2.22 | 7.34 | 7.34 |
| Reserves | -0.03 | 0.20 | 0.59 | 3.48 | 3.60 |
| 3.78 | 3.94 | 2.69 | 2.66 | 3.88 | |
| 1.37 | 1.61 | 1.49 | 1.80 | 2.08 | |
| Total Liabilities | 5.32 | 5.95 | 6.99 | 15.28 | 16.90 |
| 3.05 | 2.79 | 2.83 | 2.85 | 3.15 | |
| CWIP | 0.00 | 0.00 | 0.00 | 1.90 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 3.21 |
| 2.27 | 3.16 | 4.16 | 10.53 | 10.54 | |
| Total Assets | 5.32 | 5.95 | 6.99 | 15.28 | 16.90 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 0.70 | 0.53 | -0.41 | -0.47 | |
| 0.00 | -0.08 | -0.36 | -4.77 | |
| -0.80 | -0.14 | 0.56 | 6.91 | |
| Net Cash Flow | -0.09 | 0.31 | -0.21 | 1.67 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Debtor Days | 43.62 | 47.18 | 14.53 | 32.08 |
| Inventory Days | 135.19 | 108.90 | 116.19 | 258.38 |
| Days Payable | 175.74 | 101.84 | 61.89 | 79.38 |
| Cash Conversion Cycle | 3.06 | 54.24 | 68.84 | 211.08 |
| Working Capital Days | 13.77 | 42.51 | 81.15 | 264.17 |
| ROCE % | 20.27% | 18.70% | 10.01% |
Documents
Announcements
- Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 20 April 2024
- Certificate under SEBI (Depositories and Participants) Regulations, 2018 10 April 2024
- Trading Window-XBRL 30 March 2024
- Trading Window 30 March 2024
- Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent 12 March 2024
Business Area[1]
Its Product Portfolio includes a variety of grades, thicknesses, widths, and standards of various grades of whole tire reclaim rubber, butyl reclaims rubber, and natural reclaimed rubber. Currently, the company sells products to companies in the automotive manufacturing sector, distributors, and dealers.