Ruchira Papers Ltd

Ruchira Papers Ltd

₹ 126 0.84%
25 Apr - close price
About

Incorporated in 1980, Ruchira Papers Ltd manufactures Kraft Paper, and Writing and Printing Paper[1]

Key Points

Business Overview:[1]
RPL manufactures and markets different grades Kraft paper and Writing & Printing Paper for writing, high volume print and packaging.

  • Market Cap 375 Cr.
  • Current Price 126
  • High / Low 164 / 104
  • Stock P/E 6.42
  • Book Value 138
  • Dividend Yield 3.98 %
  • ROCE 24.0 %
  • ROE 19.7 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.91 times its book value
  • Stock is providing a good dividend yield of 3.98%.
  • Company has been maintaining a healthy dividend payout of 28.6%

Cons

  • Company has a low return on equity of 11.7% over last 3 years.

* 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: Paper Industry: Paper

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
117.05 141.34 125.87 148.10 148.35 190.54 198.79 220.85 202.38 180.68 169.07 169.99 158.52
111.73 124.52 114.91 134.46 135.40 164.43 178.30 189.49 174.83 150.89 134.98 151.26 144.96
Operating Profit 5.32 16.82 10.96 13.64 12.95 26.11 20.49 31.36 27.55 29.79 34.09 18.73 13.56
OPM % 4.55% 11.90% 8.71% 9.21% 8.73% 13.70% 10.31% 14.20% 13.61% 16.49% 20.16% 11.02% 8.55%
0.08 0.82 0.03 0.29 0.29 0.83 0.38 0.64 0.49 0.25 0.01 0.55 1.08
Interest 1.34 1.40 1.51 1.60 1.60 1.39 1.52 1.56 1.09 0.85 0.87 0.94 0.92
Depreciation 3.54 3.37 3.40 3.50 3.73 3.82 3.70 3.80 3.83 3.94 4.06 4.16 4.04
Profit before tax 0.52 12.87 6.08 8.83 7.91 21.73 15.65 26.64 23.12 25.25 29.17 14.18 9.68
Tax % 23.08% 23.31% 25.49% 25.14% 25.92% 25.82% 25.62% 25.30% 25.39% 25.31% 25.40% 25.39% 25.62%
0.40 9.87 4.52 6.60 5.86 16.12 11.63 19.89 17.24 18.86 21.76 10.59 7.21
EPS in Rs 0.15 3.70 1.69 2.47 2.12 5.82 4.04 6.67 5.78 6.32 7.29 3.55 2.42
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
283 296 318 345 361 416 447 494 481 415 613 803 678
242 245 270 306 313 352 373 412 437 390 549 694 582
Operating Profit 40 51 49 39 47 64 74 82 44 25 64 109 96
OPM % 14% 17% 15% 11% 13% 15% 17% 17% 9% 6% 10% 14% 14%
1 2 2 1 1 1 4 1 2 1 1 2 2
Interest 20 17 14 10 7 8 8 8 7 6 6 5 4
Depreciation 11 11 12 10 10 11 12 13 14 14 14 15 16
Profit before tax 11 25 25 20 32 46 58 62 25 6 45 91 78
Tax % 34% 33% 40% 37% 39% 30% 35% 36% -9% 19% 26% 25%
8 16 15 13 19 32 38 40 27 5 33 68 58
EPS in Rs 3.07 6.66 6.19 5.19 7.88 13.16 15.39 15.07 10.25 1.87 11.95 22.66 19.58
Dividend Payout % 0% 14% 18% 23% 17% 16% 13% 14% 0% 49% 15% 22%
Compounded Sales Growth
10 Years: 10%
5 Years: 12%
3 Years: 19%
TTM: -17%
Compounded Profit Growth
10 Years: 15%
5 Years: 12%
3 Years: 35%
TTM: -10%
Stock Price CAGR
10 Years: 22%
5 Years: 7%
3 Years: 32%
1 Year: 17%
Return on Equity
10 Years: 15%
5 Years: 13%
3 Years: 12%
Last Year: 20%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 22 22 22 22 22 22 22 24 24 24 25 30 30
Reserves 48 61 74 83 98 130 169 220 240 246 281 351 382
124 106 93 71 73 61 88 75 68 76 66 42 29
53 61 67 70 74 87 86 92 69 68 87 86 87
Total Liabilities 248 251 256 247 267 300 366 411 401 414 460 508 528
162 156 152 148 173 178 228 231 234 235 251 296 291
CWIP 0 0 0 1 0 3 3 3 5 30 27 4 6
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
86 95 103 98 94 119 136 177 162 149 182 208 232
Total Assets 248 251 256 247 267 300 366 411 401 414 460 508 528

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
27 43 31 38 40 33 47 23 38 34 35 62
-0 -4 -6 -5 -32 -19 -59 -15 -18 -38 -26 -36
-27 -37 -27 -34 -9 -14 11 -8 -20 3 -9 -26
Net Cash Flow -0 3 -1 -1 -0 0 -0 0 0 -1 -0 0

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 45 52 50 36 35 38 39 47 48 57 41 38
Inventory Days 152 68 74 71 64 76 92 102 86 92 78 56
Days Payable 76 36 36 34 24 27 25 22 20 27 21 10
Cash Conversion Cycle 121 84 88 73 75 88 105 126 114 122 99 83
Working Capital Days 48 50 53 46 43 61 65 83 88 91 81 72
ROCE % 16% 22% 21% 17% 21% 27% 27% 24% 10% 4% 14% 24%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
64.07% 64.07% 65.43% 65.43% 66.69% 67.88% 68.67% 68.67% 68.67% 68.67% 68.67% 68.67%
0.59% 0.58% 0.63% 0.56% 0.32% 0.83% 0.86% 0.91% 0.68% 1.12% 0.87% 0.85%
35.34% 35.35% 33.94% 34.01% 32.99% 31.29% 30.47% 30.41% 30.64% 30.19% 30.45% 30.48%
No. of Shareholders 21,36420,90219,90720,84120,83228,22529,00127,84727,27328,04627,56428,613

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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