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 ₹ 409 Cr.
- Current Price ₹ 231
- High / Low ₹ 517 / 225
- Stock P/E 7.21
- Book Value ₹ 168
- Dividend Yield 0.87 %
- ROCE 39.6 %
- ROE 29.6 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 52.4% CAGR over last 5 years
Cons
- Promoters have pledged 68.0% of their holding.
* 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 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
354 | 554 | 617 | 532 | 399 | 389 | 382 | 375 | 607 | 448 | 580 | 878 | 872 | |
311 | 494 | 570 | 531 | 400 | 364 | 361 | 356 | 566 | 425 | 517 | 767 | 781 | |
Operating Profit | 43 | 60 | 48 | 1 | -1 | 25 | 21 | 19 | 40 | 24 | 63 | 112 | 91 |
OPM % | 12% | 11% | 8% | 0% | -0% | 6% | 6% | 5% | 7% | 5% | 11% | 13% | 10% |
6 | 2 | 3 | 9 | 1 | 1 | 4 | 1 | 1 | 5 | 1 | 4 | 4 | |
Interest | 6 | 8 | 11 | 10 | 10 | 11 | 9 | 8 | 8 | 3 | 2 | 11 | 7 |
Depreciation | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 4 | 5 | 11 | 12 |
Profit before tax | 38 | 50 | 35 | -3 | -14 | 12 | 13 | 8 | 31 | 22 | 57 | 94 | 75 |
Tax % | 13% | 33% | 27% | 35% | 28% | 32% | 32% | 34% | 36% | 19% | 26% | 25% | |
Net Profit | 33 | 34 | 26 | -2 | -10 | 8 | 8 | 5 | 19 | 18 | 42 | 70 | 57 |
EPS in Rs | 18.91 | 18.99 | 14.49 | -1.19 | -5.52 | 4.56 | 4.80 | 3.05 | 10.96 | 9.99 | 23.80 | 39.59 | 32.02 |
Dividend Payout % | 0% | 0% | 6% | -42% | 0% | 18% | 21% | 33% | 9% | 10% | 8% | 5% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 18% |
3 Years: | 13% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 52% |
3 Years: | 53% |
TTM: | -15% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 18% |
3 Years: | 69% |
1 Year: | -39% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 18% |
3 Years: | 22% |
Last Year: | 30% |
Balance Sheet
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | |
Reserves | 55 | 89 | 113 | 109 | 98 | 104 | 113 | 116 | 134 | 148 | 187 | 252 | 280 |
50 | 61 | 63 | 53 | 58 | 54 | 51 | 47 | 27 | 24 | 6 | 48 | 37 | |
50 | 116 | 145 | 109 | 105 | 115 | 119 | 98 | 114 | 109 | 101 | 125 | 157 | |
Total Liabilities | 173 | 284 | 338 | 288 | 279 | 291 | 301 | 279 | 292 | 299 | 311 | 443 | 491 |
25 | 22 | 36 | 34 | 32 | 34 | 32 | 31 | 33 | 43 | 72 | 79 | 78 | |
CWIP | 3 | 12 | 3 | 6 | 6 | 4 | 4 | 5 | 13 | 20 | 5 | 14 | 15 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
144 | 250 | 299 | 248 | 241 | 253 | 265 | 243 | 247 | 236 | 234 | 349 | 398 | |
Total Assets | 173 | 284 | 338 | 288 | 279 | 291 | 301 | 279 | 292 | 299 | 311 | 443 | 491 |
Cash Flows
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
12 | 32 | 15 | 24 | 7 | 18 | 12 | 13 | 21 | 26 | 44 | 2 | |
-4 | -10 | -9 | -4 | -3 | -2 | -3 | -2 | -12 | -21 | -21 | -32 | |
-10 | -12 | -13 | -20 | -5 | -14 | -10 | -10 | -9 | -5 | -23 | 29 | |
Net Cash Flow | -2 | 10 | -8 | -0 | -2 | 1 | -1 | 1 | -0 | 0 | -0 | -0 |
Ratios
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 9 | 24 | 52 | 40 | 51 | 73 | 71 | 55 | 34 | 39 | 24 | 9 |
Inventory Days | 149 | 86 | 72 | 104 | 118 | 72 | 97 | 128 | 82 | 132 | 111 | 116 |
Days Payable | 44 | 73 | 81 | 68 | 107 | 116 | 138 | 113 | 69 | 105 | 70 | 47 |
Cash Conversion Cycle | 115 | 37 | 42 | 76 | 62 | 29 | 31 | 70 | 48 | 66 | 66 | 78 |
Working Capital Days | 94 | 79 | 91 | 91 | 115 | 123 | 135 | 138 | 78 | 99 | 79 | 87 |
ROCE % | 44% | 40% | 26% | 3% | -2% | 13% | 12% | 9% | 21% | 12% | 29% | 40% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 11 Jan
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Jan - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended December 31, 2022
- Closure of Trading Window 30 Dec 2022
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 26 Dec 2022
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 23 Dec 2022
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]