Rama Phosphates Ltd

Rama Phosphates Ltd

₹ 161 -1.23%
28 Mar - close price
About

Incorporated in 1982, Rama Phosphates Ltd manufactures Fertilizer, Sulphuric Acid, Micro Nutrients and Soya oil[1]

Key Points

Product Profile:[1]
a) Fertilizers:[2]
Fortified Fertilizers namely Zinacated & Boronated Single Super Phosphate in Powder and Granule form, Mixed Fertilizers namely NPK of various grades, Water Soluble Complex Fertilizers, Micronutrients namely Magnesium Sulphate, Insecticides, Soil Conditioner,
b) Chemicals:[3]
Sulphuric Acid 98%, Oleum 23%, and Linear Alkyl Benzene Sulphonic Acid (Labsa)
c) Oil:[4]
Oil division is engaged in extraction of Soya Bean Crude Oil, Soya De -Oiled Cake, Soya Refined Edible Oil, Lecithin

  • Market Cap 284 Cr.
  • Current Price 161
  • High / Low 270 / 160
  • Stock P/E
  • Book Value 174
  • Dividend Yield 0.62 %
  • ROCE 16.8 %
  • ROE 14.2 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.92 times its book value

Cons

  • Company has low interest coverage ratio.

* 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

Loading peers table ...

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
151 209 183 248 240 208 175 250 208 242 129 171 116
135 190 153 214 208 197 149 227 192 234 123 166 149
Operating Profit 16 19 30 34 32 10 25 23 15 8 6 6 -32
OPM % 11% 9% 16% 14% 13% 5% 14% 9% 7% 3% 5% 3% -28%
0 0 0 0 0 3 0 0 0 0 0 0 0
Interest 0 0 1 1 2 1 2 2 2 2 3 3 3
Depreciation 1 2 2 2 2 5 3 3 2 2 2 2 2
Profit before tax 15 18 27 31 29 8 20 19 11 4 0 1 -38
Tax % 22% 27% 26% 27% 25% 21% 24% 26% 29% 19% 32% 7% 21%
11 13 20 23 21 6 15 14 8 4 0 1 -30
EPS in Rs 6.48 7.22 11.25 12.84 12.14 3.35 8.74 7.79 4.59 2.01 0.19 0.38 -16.81
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
554 617 532 399 389 382 375 607 448 580 878 875 659
494 570 531 400 364 361 356 566 425 517 767 803 672
Operating Profit 60 48 1 -1 25 21 19 40 24 63 112 72 -12
OPM % 11% 8% 0% -0% 6% 6% 5% 7% 5% 11% 13% 8% -2%
2 3 9 1 1 4 1 1 5 1 4 1 1
Interest 8 11 10 10 11 9 8 8 3 2 11 9 11
Depreciation 4 4 4 4 4 3 3 3 4 5 11 10 9
Profit before tax 50 35 -3 -14 12 13 8 31 22 57 94 55 -32
Tax % 33% 27% 35% 28% 32% 32% 34% 36% 19% 26% 25% 25%
34 26 -2 -10 8 8 5 19 18 42 70 41 -25
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 -14.23
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: -22%
Compounded Profit Growth
10 Years: 5%
5 Years: 50%
3 Years: 39%
TTM: -158%
Stock Price CAGR
10 Years: 18%
5 Years: 14%
3 Years: 8%
1 Year: -7%
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 Sep 2023
Equity Capital 18 18 18 18 18 18 18 18 18 18 18 18 18
Reserves 89 113 109 98 104 113 116 134 148 187 252 291 291
61 63 53 58 54 51 47 27 24 6 59 118 106
116 145 109 105 115 119 98 114 109 101 114 108 132
Total Liabilities 284 338 288 279 291 301 279 292 299 311 443 534 546
22 36 34 32 34 32 31 33 43 72 79 77 74
CWIP 12 3 6 6 4 4 5 13 20 5 14 20 22
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
250 299 248 241 253 265 243 247 236 234 349 438 450
Total Assets 284 338 288 279 291 301 279 292 299 311 443 534 546

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 -9 -36
-10 -9 -4 -3 -2 -3 -2 -12 -21 -21 -32 -8
-12 -13 -20 -5 -14 -10 -10 -9 -5 -23 40 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 82 132 111 116 103
Days Payable 73 81 68 107 116 138 113 69 105 70 40 47
Cash Conversion Cycle 37 42 76 62 29 31 70 48 66 66 85 82
Working Capital Days 79 91 91 115 123 135 138 78 99 79 92 131
ROCE % 40% 26% 3% -2% 13% 12% 9% 21% 12% 29% 39% 17%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
0.00% 0.00% 0.06% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.01%
0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03%
24.97% 24.97% 24.91% 24.97% 24.97% 24.97% 24.97% 24.97% 24.96% 24.96% 24.95% 24.96%
No. of Shareholders 7,8419,50915,25315,07714,40115,31316,98916,60916,59016,66915,90715,509

* 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.

Documents