Raj Rayon Industries Ltd
Incorporated in 1993, Raj Rayon Ltd manufactures and trades polyester
chips, polyester yarn and processed
yarn[1]
- Market Cap ₹ 1,187 Cr.
- Current Price ₹ 21.4
- High / Low ₹ 53.0 / 15.0
- Stock P/E 294
- Book Value ₹ 1.95
- Dividend Yield 0.00 %
- ROCE 8.23 %
- ROE 3.81 %
- Face Value ₹ 1.00
Pros
- Debtor days have improved from 39.6 to 17.8 days.
- Company's working capital requirements have reduced from 69.5 days to 17.3 days
Cons
- Stock is trading at 11.0 times its book value
- Company has low interest coverage ratio.
- Company might be capitalizing the interest cost
* 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: Textiles Industry: Textiles - Processing
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
713 | 470 | 184 | 452 | 274 | 76 | 18 | -0 | -0 | -0 | 137 | 745 | |
652 | 520 | 186 | 603 | 293 | 92 | 30 | 1 | 0 | 2 | 135 | 718 | |
Operating Profit | 61 | -50 | -3 | -151 | -19 | -16 | -12 | -1 | -0 | -2 | 2 | 27 |
OPM % | 9% | -11% | -1% | -34% | -7% | -21% | -65% | 1% | 4% | |||
4 | 3 | 8 | 2 | 2 | 0 | 0 | 3 | 1 | 671 | 0 | 5 | |
Interest | 34 | 49 | 71 | 89 | 2 | 0 | 0 | -0 | -0 | -0 | 1 | 11 |
Depreciation | 26 | 32 | 42 | 49 | 48 | 37 | 37 | 36 | 36 | 28 | 13 | 11 |
Profit before tax | 6 | -128 | -108 | -287 | -66 | -53 | -48 | -34 | -35 | 641 | -13 | 10 |
Tax % | 37% | -31% | -31% | 0% | -0% | -0% | -0% | -0% | -0% | -0% | -1% | 59% |
4 | -88 | -75 | -287 | -66 | -53 | -48 | -34 | -35 | 641 | -12 | 4 | |
EPS in Rs | 0.14 | -3.29 | -2.81 | -8.27 | -1.91 | -1.52 | -1.39 | -0.98 | -1.00 | 2,807.32 | -0.22 | 0.07 |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 110% |
3 Years: | % |
TTM: | 443% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | 16% |
3 Years: | 28% |
TTM: | 132% |
Stock Price CAGR | |
---|---|
10 Years: | 46% |
5 Years: | 236% |
3 Years: | 340% |
1 Year: | -54% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 4% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 27 | 27 | 27 | 35 | 35 | 35 | 35 | 35 | 35 | 0 | 56 | 56 |
Reserves | 112 | 24 | -51 | -404 | -471 | -523 | -572 | -605 | -640 | 100 | 49 | 53 |
368 | 569 | 708 | 727 | 719 | 718 | 714 | 709 | 709 | -0 | 125 | 176 | |
189 | 41 | 39 | 79 | 59 | 56 | 53 | 52 | 52 | 2 | 82 | 136 | |
Total Liabilities | 696 | 661 | 724 | 436 | 342 | 285 | 230 | 191 | 155 | 102 | 311 | 421 |
156 | 337 | 369 | 320 | 274 | 237 | 198 | 161 | 126 | 89 | 138 | 219 | |
CWIP | 186 | 10 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 6 | 8 | 3 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 |
354 | 315 | 355 | 116 | 68 | 48 | 32 | 30 | 30 | 8 | 165 | 199 | |
Total Assets | 696 | 661 | 724 | 436 | 342 | 285 | 230 | 191 | 155 | 102 | 311 | 421 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
17 | -56 | -45 | -4 | 7 | -1 | -2 | 0 | 0 | -5 | -75 | 79 | |
-136 | -77 | -24 | 22 | 0 | 1 | 2 | 4 | -0 | -6 | -65 | -111 | |
119 | 142 | 59 | -17 | -6 | -1 | -0 | -4 | 0 | 11 | 140 | 39 | |
Net Cash Flow | 0 | 9 | -9 | 0 | 1 | -1 | -0 | 0 | 0 | 0 | 0 | 7 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 92 | 131 | 285 | 24 | 28 | 108 | 336 | 61 | 18 | |||
Inventory Days | 80 | 14 | 222 | 43 | 30 | 35 | 14 | 248 | 62 | |||
Days Payable | 91 | 26 | 80 | 23 | 10 | 19 | 30 | 249 | 76 | |||
Cash Conversion Cycle | 81 | 119 | 428 | 44 | 48 | 124 | 319 | 60 | 4 | |||
Working Capital Days | 68 | 126 | 293 | -89 | -322 | -107 | -642 | 122 | 17 | |||
ROCE % | 9% | -14% | -6% | -38% | -20% | -20% | -24% | -24% | -29% | -30% | -7% | 8% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
19 Jul - Certificate issued by RTA in terms of Reg. 74(5) of SEBI (D & P ) REgulations for the quarter ended 30.06.2024.
- Closure of Trading Window 26 Jun
- Announcement under Regulation 30 (LODR)-Investor Presentation 31 May
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
29 May - Newspaper publication of Audit Financial Results of the Company for 31st March, 2024
- The Board Of The Company At Its Meeting Held On 28Th May, 2024 Has Inter- Alia: 1. Approved And Taken On Record The Audited Financial Results Of The Company For The Last Quarter & Year Ended March 31, 2024, Copy Of The Same Is Attached 28 May
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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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 nse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Concalls
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May 2024TranscriptNotesPPT
Business Overview:[1]
RRL is a part of the SVG Group. It specializes in the production of high-quality man-made fibers viz. Polyester chips, Partially Oriented Yarn (POY) and Drawn Textured Yard (DTY)