Rama Phosphates Ltd
Rama Phosphates is engaged in manufacturing phosphatic fertilisers, viz., SSP, fortified fertilisers, namely boronated SSP, as well as sulphuric acid and its derivatives. It also has a soya oil division engaged in extraction of soya oil. RPL markets its fertilisers under the brands, ‘Suryaphool’ and ‘Girnar’ in the states of Maharashtra, Madhya Pradesh, Rajasthan, Karnataka, Gujarat, Uttar Pradesh and Haryana. [1]
- Market Cap ₹ 315 Cr.
- Current Price ₹ 178
- High / Low ₹ 366 / 170
- Stock P/E 7.70
- Book Value ₹ 175
- Dividend Yield 1.12 %
- ROCE 16.9 %
- ROE 14.2 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.02 times its book value
- Company has delivered good profit growth of 50.0% CAGR over last 5 years
Cons
* 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: Fertilizers Industry: Fertilizers
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
554 | 617 | 532 | 399 | 389 | 382 | 375 | 607 | 448 | 580 | 878 | 875 | |
494 | 570 | 531 | 400 | 364 | 361 | 356 | 566 | 425 | 517 | 767 | 803 | |
Operating Profit | 60 | 48 | 1 | -1 | 25 | 21 | 19 | 40 | 24 | 63 | 112 | 72 |
OPM % | 11% | 8% | 0% | -0% | 6% | 6% | 5% | 7% | 5% | 11% | 13% | 8% |
2 | 3 | 9 | 1 | 1 | 4 | 1 | 1 | 5 | 1 | 4 | 1 | |
Interest | 8 | 11 | 10 | 10 | 11 | 9 | 8 | 8 | 3 | 2 | 11 | 8 |
Depreciation | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 4 | 5 | 11 | 10 |
Profit before tax | 50 | 35 | -3 | -14 | 12 | 13 | 8 | 31 | 22 | 57 | 94 | 55 |
Tax % | 33% | 27% | 35% | 28% | 32% | 32% | 34% | 36% | 19% | 26% | 25% | 25% |
Net Profit | 34 | 26 | -2 | -10 | 8 | 8 | 5 | 19 | 18 | 42 | 70 | 41 |
EPS in Rs | 18.99 | 14.49 | -1.19 | -5.52 | 4.56 | 4.80 | 3.05 | 10.96 | 9.99 | 23.80 | 39.59 | 23.13 |
Dividend Payout % | 0% | 6% | -42% | 0% | 18% | 21% | 33% | 9% | 10% | 8% | 5% | 4% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | 18% |
3 Years: | 25% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | 5% |
5 Years: | 50% |
3 Years: | 39% |
TTM: | -42% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 18% |
3 Years: | 76% |
1 Year: | -46% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 19% |
3 Years: | 22% |
Last Year: | 14% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | |
Reserves | 89 | 113 | 109 | 98 | 104 | 113 | 116 | 134 | 148 | 187 | 252 | 291 |
61 | 63 | 53 | 58 | 54 | 51 | 47 | 27 | 24 | 6 | 48 | 118 | |
116 | 145 | 109 | 105 | 115 | 119 | 98 | 114 | 109 | 101 | 125 | 108 | |
Total Liabilities | 284 | 338 | 288 | 279 | 291 | 301 | 279 | 292 | 299 | 311 | 443 | 534 |
22 | 36 | 34 | 32 | 34 | 32 | 31 | 33 | 43 | 72 | 79 | 77 | |
CWIP | 12 | 3 | 6 | 6 | 4 | 4 | 5 | 13 | 20 | 5 | 14 | 20 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
250 | 299 | 248 | 241 | 253 | 265 | 243 | 247 | 236 | 234 | 349 | 437 | |
Total Assets | 284 | 338 | 288 | 279 | 291 | 301 | 279 | 292 | 299 | 311 | 443 | 534 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
32 | 15 | 24 | 7 | 18 | 12 | 13 | 21 | 26 | 44 | 2 | -36 | |
-10 | -9 | -4 | -3 | -2 | -3 | -2 | -12 | -21 | -21 | -32 | -8 | |
-12 | -13 | -20 | -5 | -14 | -10 | -10 | -9 | -5 | -23 | 29 | 45 | |
Net Cash Flow | 10 | -8 | -0 | -2 | 1 | -1 | 1 | -0 | 0 | -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 | 24 | 52 | 40 | 51 | 73 | 71 | 55 | 34 | 39 | 24 | 9 | 26 |
Inventory Days | 86 | 72 | 104 | 118 | 72 | 97 | 128 | 82 | 132 | 111 | 116 | 101 |
Days Payable | 73 | 81 | 68 | 107 | 116 | 138 | 113 | 69 | 105 | 70 | 47 | 46 |
Cash Conversion Cycle | 37 | 42 | 76 | 62 | 29 | 31 | 70 | 48 | 66 | 66 | 78 | 81 |
Working Capital Days | 79 | 91 | 91 | 115 | 123 | 135 | 138 | 78 | 99 | 79 | 87 | 131 |
ROCE % | 40% | 26% | 3% | -2% | 13% | 12% | 9% | 21% | 12% | 29% | 40% | 17% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
25 May - Circular No. CIR/CFD/CMDI/27/2019 dated February 08, 2019, enclosed herewith the Annual Secretarial Compliance Report issued by M/s. Jignesh M. Pandya & Co., Practicing Company Secretaries, …
- Presentation For Quarter And Financial Year Ended March 31 2023 18 May
- Disclosure Of Related Party Transactions For The Half Year Ended 31St March 2023 18 May
-
Announcement under Regulation 30 (LODR)-Cessation
18 May - The Bank of India (BOI) has withdrawn the nomination of Mr. Bhoopesh Karaulia (DIN - 09472430), as their nominee on the Board of the Company …
- Corporate Action-Board approves Dividend 18 May
Annual reports
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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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Strong Brand Image
The company’s trademark fertilizer brands both “GIRNAR” and “SURYAPHOOL” have a wider acceptance in the market and continue to cater to the growing needs of the farming community. The recent entrant in the stable “SAMPURN” is gaining strong foothold and the same is turning out to be a niche product. [1]