Ram Ratna Wires Ltd
Ram Ratna Wires Limited is engaged in the manufacturing of winding wires, mainly enamelled copper wires. [1]
- Market Cap ₹ 1,448 Cr.
- Current Price ₹ 329
- High / Low ₹ 367 / 185
- Stock P/E 29.2
- Book Value ₹ 87.2
- Dividend Yield 0.76 %
- ROCE 17.0 %
- ROE 15.2 %
- Face Value ₹ 5.00
Pros
- Company has been maintaining a healthy dividend payout of 20.1%
- Company's working capital requirements have reduced from 63.4 days to 49.4 days
Cons
- Stock is trading at 3.78 times its book value
* 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: Non Ferrous Metals Industry: Mining / Minerals / Metals
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
747 | 728 | 801 | 1,138 | 1,423 | 1,446 | 1,527 | 2,289 | 2,650 | 2,904 | |
712 | 693 | 750 | 1,069 | 1,356 | 1,386 | 1,465 | 2,179 | 2,540 | 2,790 | |
Operating Profit | 35 | 35 | 51 | 69 | 67 | 60 | 62 | 110 | 109 | 114 |
OPM % | 5% | 5% | 6% | 6% | 5% | 4% | 4% | 5% | 4% | 4% |
2 | 2 | 2 | 3 | 4 | 4 | 3 | 8 | 7 | 16 | |
Interest | 15 | 14 | 11 | 18 | 30 | 29 | 26 | 28 | 34 | 38 |
Depreciation | 7 | 8 | 8 | 11 | 16 | 19 | 18 | 18 | 18 | 19 |
Profit before tax | 15 | 15 | 34 | 43 | 25 | 17 | 21 | 73 | 64 | 73 |
Tax % | 35% | 35% | 34% | 36% | 35% | 13% | 26% | 25% | 27% | |
10 | 10 | 22 | 28 | 16 | 15 | 16 | 54 | 47 | 51 | |
EPS in Rs | 2.24 | 2.19 | 5.01 | 6.18 | 3.55 | 3.28 | 3.39 | 11.86 | 10.20 | 11.29 |
Dividend Payout % | 22% | 17% | 12% | 10% | 18% | 8% | 15% | 21% | 24% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 18% |
3 Years: | 22% |
TTM: | 13% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | 45% |
TTM: | 7% |
Stock Price CAGR | |
---|---|
10 Years: | 39% |
5 Years: | 45% |
3 Years: | 104% |
1 Year: | 76% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 16% |
Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 22 | 22 |
Reserves | 56 | 63 | 114 | 156 | 173 | 168 | 189 | 260 | 290 | 362 |
113 | 118 | 148 | 255 | 314 | 292 | 361 | 270 | 267 | 275 | |
34 | 21 | 66 | 103 | 111 | 70 | 85 | 174 | 251 | 302 | |
Total Liabilities | 213 | 213 | 339 | 525 | 609 | 541 | 646 | 715 | 829 | 961 |
48 | 52 | 72 | 141 | 169 | 167 | 158 | 151 | 147 | 186 | |
CWIP | 0 | 2 | 0 | 6 | 1 | 1 | 3 | 7 | 4 | 31 |
Investments | 0 | 0 | 41 | 66 | 48 | 27 | 37 | 66 | 80 | 138 |
165 | 159 | 225 | 312 | 392 | 346 | 447 | 492 | 599 | 606 | |
Total Assets | 213 | 213 | 339 | 525 | 609 | 541 | 646 | 715 | 829 | 961 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|
23 | 21 | 2 | -8 | 64 | -26 | 151 | 65 | ||
-11 | -31 | -64 | -16 | -17 | -14 | -19 | -20 | ||
-13 | 21 | 53 | 28 | -54 | 42 | -121 | -45 | ||
Net Cash Flow | -1 | 11 | -9 | 4 | -6 | 3 | 11 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 58 | 58 | 67 | 71 | 62 | 55 | 68 | 50 | 47 |
Inventory Days | 9 | 11 | 21 | 16 | 29 | 29 | 36 | 22 | 29 |
Days Payable | 9 | 3 | 21 | 20 | 18 | 9 | 12 | 23 | 29 |
Cash Conversion Cycle | 57 | 66 | 67 | 68 | 73 | 75 | 92 | 49 | 46 |
Working Capital Days | 59 | 65 | 68 | 68 | 71 | 66 | 89 | 52 | 49 |
ROCE % | 16% | 19% | 17% | 12% | 9% | 9% | 18% | 17% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 10h
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 1d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 15 Apr
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 8 Apr
- Compliance Certificate Reg 7(3) For Year Ended 31St March, 2024 8 Apr
Annual reports
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Financial Year 2023
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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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Financial Year 2009
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Products
The product portfolio of the co. includes enamelled copper wire and strips, enamelled aluminium wires and strips, submersible winding wires etc. [1] The company’s products are utilised in the transmission and distribution industry, automobile industry, capital goods manufacturing, consumer electricals, batteries, generators, etc. [2]