Rossari Biotech Ltd
Rossari Biotech was started in 2003. They are among the largest manufacturers of textile specialty chemicals in India. [1]
Their 3 main product categories are [2]:
- Home, personal care, and performance chemicals
- Textile specialty chemical
- Animal health and nutrition
The company has two R&D facilities, one at Silvassa manufacturing facility and a research lab at IIT Bombay. [3]
- Market Cap ₹ 4,016 Cr.
- Current Price ₹ 727
- High / Low ₹ 904 / 657
- Stock P/E 32.0
- Book Value ₹ 177
- Dividend Yield 0.07 %
- ROCE 18.4 %
- ROE 12.4 %
- Face Value ₹ 2.00
Pros
Cons
- Promoter holding has decreased over last 3 years: -4.37%
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|
516 | 600 | 709 | 1,483 | 1,656 | 1,764 | |
438 | 495 | 586 | 1,299 | 1,433 | 1,525 | |
Operating Profit | 78 | 105 | 124 | 184 | 223 | 240 |
OPM % | 15% | 17% | 17% | 12% | 13% | 14% |
1 | 4 | 9 | 13 | 6 | 10 | |
Interest | 3 | 4 | 3 | 13 | 22 | 20 |
Depreciation | 12 | 17 | 23 | 48 | 63 | 60 |
Profit before tax | 63 | 88 | 107 | 136 | 144 | 169 |
Tax % | 28% | 26% | 25% | 28% | 26% | |
46 | 65 | 80 | 98 | 107 | 126 | |
EPS in Rs | 103.82 | 12.86 | 15.45 | 17.74 | 19.45 | 22.75 |
Dividend Payout % | 0% | 4% | 3% | 3% | 3% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 40% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 18% |
TTM: | 23% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -12% |
1 Year: | 6% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 16% |
Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|
Equity Capital | 4 | 10 | 10 | 11 | 11 | 11 |
Reserves | 119 | 277 | 398 | 794 | 904 | 967 |
8 | 67 | 0 | 8 | 74 | 132 | |
118 | 118 | 152 | 442 | 375 | 424 | |
Total Liabilities | 250 | 471 | 561 | 1,255 | 1,364 | 1,534 |
74 | 94 | 181 | 607 | 584 | 600 | |
CWIP | 3 | 22 | 0 | 1 | 16 | 24 |
Investments | 0 | 18 | 0 | 36 | 51 | 24 |
173 | 338 | 379 | 611 | 714 | 885 | |
Total Assets | 250 | 471 | 561 | 1,255 | 1,364 | 1,534 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
71 | 57 | 48 | 29 | 152 | |
-37 | -190 | -37 | -299 | -181 | |
-29 | 157 | -25 | 292 | 61 | |
Net Cash Flow | 5 | 23 | -14 | 22 | 32 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
Debtor Days | 61 | 57 | 74 | 75 | 78 |
Inventory Days | 59 | 57 | 75 | 63 | 59 |
Days Payable | 114 | 95 | 104 | 61 | 58 |
Cash Conversion Cycle | 6 | 19 | 46 | 76 | 79 |
Working Capital Days | 25 | 39 | 60 | 64 | 58 |
ROCE % | 38% | 29% | 24% | 18% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 12 Apr
- Board Meeting Outcome for Outcome Of The Board Meeting Held On April 06, 2024 6 Apr
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Compliance Certificate Pursuant To Regulation 40(10)
5 Apr - Compliance Certificate issued by Mr. Sanjay Dholakia of Sanjay Dholakia & Associates, Practicing Company Secretaries, for the period April 01, 2023 to March 31, 2024.
- Compliance Certificate Under Regulation 7(3) Of SEBI (Listing And Disclosure Requirements) Regulations, 2015 For The Year Ended March 31, 2024. 4 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
4 Apr - Compliance certificate under Regulation 74(5) of SEBI (Depository and Participants) Regulations, 2018 for the quarter ended March 31, 2024.
Annual reports
Concalls
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Jan 2024Transcript PPT
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Oct 2023Transcript PPT
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Aug 2023Transcript PPT
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Feb 2023Transcript PPT
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Feb 2023TranscriptNotesPPT
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Nov 2022Transcript PPT
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May 2022TranscriptNotesPPT
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Oct 2021TranscriptNotesPPT
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Aug 2021Transcript PPT
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Jul 2021TranscriptPPT
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Jun 2021TranscriptPPT
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May 2021Transcript PPT
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Feb 2021Transcript PPT
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Oct 2020Transcript PPT
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Aug 2020Transcript PPT
Company Overview
Rossari Biotech is a Specialty-Chemicals manufacturer offering solutions for Home, Personal Care and Performance chemicals (HPPC), Textile specialty chemicals (TSC) and Animal Health and Nutrition (AHN). It offers a total of 4220+ products catering to an array of applications across FMCG, Home care, Industrial Cleaning, Personal Care, Textile, Performance Chemicals, Animal Health and Nutrition and Pet Care businesses. [1] [2]