Rossell India Ltd
Rossell India Ltd was incorporated in 1994 by Mr. H.M. Gupta [1] as Rossell Tea Ltd. It added Aviation and Defence manufacturing and service capabilities for its growth. On 19th April 2011, the company named itself Rossell India Ltd to represent its diverse business. The company has two divisions, namely Tea and Aerospace Defence (Engineering, Manufacturing, and Services). It has spent 27 years in the Tea division and 9 years in the A&D division. [2] The company’s promoter has around three decades of experience in the tea industry. In FY 2013, the company entered the hospitality division but was discontinued from October 1, 2019. [3]
- Market Cap ₹ 544 Cr.
- Current Price ₹ 86.6
- High / Low ₹ 187 / 86.6
- Stock P/E 35.7
- Book Value ₹ 78.8
- Dividend Yield 0.34 %
- ROCE 6.42 %
- ROE 4.58 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 1.10 times its book value
Cons
- The company has delivered a poor sales growth of 8.07% over past five years.
- Company has a low return on equity of 8.16% over last 3 years.
- Dividend payout has been low at 5.93% of profits over last 3 years
- Debtor days have increased from 51.0 to 63.2 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.
Peer comparison
Sector: Aerospace & Defence Industry: Diversified - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
106 | 141 | 140 | 161 | 163 | 198 | 249 | 309 | 322 | 299 | 354 | 367 | 371 | |
77 | 104 | 120 | 137 | 159 | 185 | 228 | 260 | 253 | 254 | 301 | 328 | 332 | |
Operating Profit | 29 | 37 | 20 | 24 | 4 | 13 | 21 | 50 | 69 | 45 | 53 | 38 | 40 |
OPM % | 28% | 26% | 14% | 15% | 2% | 7% | 8% | 16% | 22% | 15% | 15% | 10% | 11% |
15 | 4 | 3 | 5 | 3 | 2 | 0 | 3 | -0 | 11 | 4 | 5 | 6 | |
Interest | 2 | 9 | 7 | 7 | 6 | 7 | 11 | 12 | 16 | 10 | 12 | 14 | 15 |
Depreciation | 3 | 4 | 10 | 10 | 9 | 10 | 10 | 9 | 12 | 12 | 14 | 14 | 14 |
Profit before tax | 39 | 29 | 6 | 12 | -8 | -2 | 0 | 32 | 41 | 33 | 31 | 16 | 17 |
Tax % | 22% | 29% | 30% | 21% | -83% | -115% | -46% | 42% | 20% | 10% | 12% | 16% | |
30 | 20 | 4 | 10 | -1 | 0 | 1 | 19 | 33 | 30 | 27 | 13 | 15 | |
EPS in Rs | 8.25 | 5.56 | 1.09 | 2.61 | -0.36 | 0.07 | 0.16 | 5.05 | 8.97 | 8.11 | 7.26 | 3.50 | 3.99 |
Dividend Payout % | 6% | 9% | 46% | 19% | -56% | 0% | 0% | 4% | 3% | 4% | 6% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 8% |
3 Years: | 4% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | -3% |
5 Years: | 87% |
3 Years: | -27% |
TTM: | -35% |
Stock Price CAGR | |
---|---|
10 Years: | 16% |
5 Years: | 42% |
3 Years: | 26% |
1 Year: | -31% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 10% |
3 Years: | 8% |
Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 8 | 8 |
Reserves | 187 | 205 | 203 | 211 | 162 | 161 | 162 | 179 | 209 | 239 | 279 | 289 |
58 | 58 | 55 | 72 | 81 | 100 | 130 | 195 | 177 | 153 | 162 | 194 | |
18 | 24 | 26 | 29 | 26 | 29 | 39 | 52 | 43 | 49 | 66 | 81 | |
Total Liabilities | 271 | 294 | 292 | 318 | 277 | 298 | 338 | 433 | 436 | 448 | 514 | 572 |
181 | 197 | 199 | 212 | 174 | 176 | 172 | 166 | 242 | 234 | 250 | 243 | |
CWIP | 0 | 2 | 1 | 2 | 6 | 8 | 15 | 92 | 11 | 9 | 5 | 14 |
Investments | 61 | 68 | 49 | 46 | 21 | 18 | 19 | 19 | 19 | 19 | 34 | 44 |
29 | 28 | 43 | 57 | 77 | 96 | 132 | 156 | 164 | 186 | 224 | 270 | |
Total Assets | 271 | 294 | 292 | 318 | 277 | 298 | 338 | 433 | 436 | 448 | 514 | 572 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
21 | 24 | -2 | 7 | -4 | -3 | -5 | 28 | 35 | 34 | 25 | 5 | |
-74 | -24 | 7 | -18 | 5 | -8 | -13 | -82 | -4 | -0 | -40 | -24 | |
48 | -3 | -5 | 12 | 1 | 9 | 19 | 53 | -33 | -33 | 14 | 20 | |
Net Cash Flow | -5 | -3 | -0 | 2 | 2 | -3 | 1 | -0 | -1 | 1 | -1 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 24 | 9 | 46 | 46 | 41 | 27 | 27 | 31 | 33 | 40 | 49 | 63 |
Inventory Days | 607 | 557 | 514 | 421 | 489 | 604 | 582 | 546 | ||||
Days Payable | 99 | 110 | 93 | 97 | 45 | 116 | 106 | 133 | ||||
Cash Conversion Cycle | 24 | 9 | 46 | 46 | 549 | 474 | 448 | 354 | 478 | 528 | 526 | 475 |
Working Capital Days | -17 | -27 | 10 | 26 | 54 | 82 | 106 | 103 | 135 | 161 | 162 | 187 |
ROCE % | 13% | 13% | 4% | 6% | -2% | 2% | 4% | 13% | 15% | 9% | 10% | 6% |
Documents
Announcements
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Board Meeting Intimation for Intimation About The Meeting Of The Board Got Consideration And Approval Of The Unaudited Financial Results For The Quarter And Half Year Ended 30Th September, 2024
19 Oct - Board meeting to approve Q2 financial results.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 17 Oct
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 3 Oct
- Closure of Trading Window 30 Sep
- Disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011 27 Sep
Annual reports
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Financial Year 2024
from bse
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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 2013
from nse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Business Segments
The company operates under two business divisions- Aerospace & Defence, and Tea.