Rite Zone Chemcon India Ltd
₹ 44.0
1.03%
26 Apr
- close price
About
Incorporated in 2015, Rite Zone Chemcon India Limited deals in a range of construction chemicals and concrete products and offers a wide range of construction solutions.[1]
Key Points
- Market Cap ₹ 18.6 Cr.
- Current Price ₹ 44.0
- High / Low ₹ 85.0 / 38.1
- Stock P/E 17.6
- Book Value ₹ 31.8
- Dividend Yield 0.00 %
- ROCE 11.9 %
- ROE 9.18 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Debtor days have improved from 406 to 155 days.
- Company's working capital requirements have reduced from 185 days to 137 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.64% over last 3 years.
- Company has high debtors of 155 days.
* 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.
Loading peers table ...
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|
| 5.75 | 3.80 | 4.93 | 22.46 | 22.93 | |
| 5.20 | 3.53 | 4.80 | 21.04 | 21.33 | |
| Operating Profit | 0.55 | 0.27 | 0.13 | 1.42 | 1.60 |
| OPM % | 9.57% | 7.11% | 2.64% | 6.32% | 6.98% |
| -0.08 | 0.04 | 0.71 | 0.03 | 0.05 | |
| Interest | 0.14 | 0.12 | 0.10 | 0.10 | 0.09 |
| Depreciation | 0.21 | 0.18 | 0.23 | 0.26 | 0.21 |
| Profit before tax | 0.12 | 0.01 | 0.51 | 1.09 | 1.35 |
| Tax % | -33.33% | 100.00% | 54.90% | 23.85% | |
| 0.16 | 0.01 | 0.23 | 0.83 | 1.06 | |
| EPS in Rs | 160.00 | 10.00 | 0.76 | 1.96 | 2.51 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 57% |
| TTM: | 79% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 61% |
| TTM: | 293% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -36% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 9% |
| Last Year: | 9% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 3.04 | 4.23 | 4.23 |
| Reserves | 0.62 | 0.62 | 1.98 | 8.83 | 9.23 |
| 2.59 | 3.29 | 1.06 | 0.93 | 0.87 | |
| 3.45 | 2.86 | 5.16 | 5.20 | 4.20 | |
| Total Liabilities | 6.67 | 6.78 | 11.24 | 19.19 | 18.53 |
| 1.37 | 2.13 | 2.09 | 1.87 | 1.88 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 5.30 | 4.65 | 9.15 | 17.32 | 16.65 | |
| Total Assets | 6.67 | 6.78 | 11.24 | 19.19 | 18.53 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| -0.27 | 1.09 | -3.62 | -3.86 | |
| 0.32 | -0.93 | -0.19 | -0.04 | |
| -0.14 | -0.12 | 4.02 | 7.11 | |
| Net Cash Flow | -0.09 | 0.04 | 0.21 | 3.20 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Debtor Days | 323.10 | 421.67 | 639.68 | 155.36 |
| Inventory Days | 0.00 | 0.00 | 0.00 | 1.85 |
| Days Payable | 90.43 | |||
| Cash Conversion Cycle | 323.10 | 421.67 | 639.68 | 66.79 |
| Working Capital Days | 102.83 | 148.88 | 269.49 | 137.48 |
| ROCE % | 3.64% | 12.40% | 11.86% |
Documents
Announcements
- Certificate under SEBI (Depositories and Participants) Regulations, 2018 12 April 2024
- Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 12 April 2024
- Trading Window-XBRL 29 March 2024
- Trading Window 29 March 2024
- Certificate under SEBI (Depositories and Participants) Regulations, 2018 12 January 2024
Business Area[1] Rite Zone Chemcon India Ltd. (RZCIL) is in the business of construction chemicals and concrete products. It deals in a range of construction chemicals and concrete products and offers complete construction solutions for civil construction, infrastructure, building & structure including pre-construction or post construction as well as supplying all types of concrete required for construction and infrastructure developments.
Product Use case[1] Construction chemicals are chemical compounds used in construction works. They are used to speed up the process or add more sustainability and strength to structures. The addition of construction chemicals to various building materials during the construction work improves performance, and workability adds functionality, and protects the basic or customized elements of a structure.