Rain Industries Ltd Stock Analysis

BSE: 500339 | NSE: RAIN | Petrochemicals | Mid Cap

BSE Share Price 02-Dec-2022 18:01
185.35 -0.95 (-0.51%)

DeciZen - Make an Informed Decision on Rain Industries

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

Rain Industries Price Chart

P/E Ratio (CD) :
4.98
Market Cap :
6,234.2 Cr.
52-wk low :
128.7
52-wk high :
256
Bole Toh?

1. Is Rain Industries Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Rain Industries Ltd is a average quality company.

2. Is Rain Industries Ltd undervalued or overvalued?

The key valuation ratios of Rain Industries Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Rain Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Rain Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Rain Industries:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Rain Industries Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Dec'12Dec'13Dec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21TTM
ROCE % 9.3%8%6%6.8%6.8%11.4%7.6%5.4%4.9%5.9%-
Value Creation Index -0.3-0.4-0.6-0.5-0.5-0.2-0.5-0.6-0.7-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 5,36111,74411,93710,2199,25811,30314,04912,36110,46514,52719,580
YoY Gr. Rt. %-119.1%1.6%-14.4%-9.4%22.1%24.3%-12%-15.3%38.8%-
Adj EPS 13.212.66.88.98.224.717.611.29.81637.2
YoY Gr. Rt. %--4.5%-46.1%30.6%-8%202.1%-28.8%-36.1%-12.6%63.3%-
BVPS (₹) 74.795.887.687.394.1117.3137.4147.5164.5181.6233.7
Adj Net Profit 4514242292992758305913783305391,252
Cash Flow from Ops. 1,4026091,2911,2381,5678681,7062,2401,823834-
Debt/CF from Ops. 4.913.65.96.14.78.54.63.54.910.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 11.7%9.4%1.1%38.8%
Adj EPS 2.2%14.4%-3.1%63.3%
BVPS 10.414.19.710.4
Share Price 17.6% -11.8% 22.8% -11.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Dec'12Dec'13Dec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21TTM
Return on Equity % 19.314.77.410.2923.413.87.96.39.317.9
Op. Profit Mgn % 20.712.810.213.216.520.114.111.916.616.217.5
Net Profit Mgn % 8.63.61.82.737.64.63.63.44.56.4
Debt to Equity 2.72.62.62.62.31.91.71.61.61.4-
Working Cap Days 129901141191131081131191221090
Cash Conv. Cycle 664457585658606261530

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 17.90%

Debt to equity has declined versus last 3 years average to 1.39

Sales growth is good in last 4 quarters at 49.24%

Sales growth has been subdued in last 3 years 1.12%

Net Profit has been subdued in last 3 years -3.05%

Latest Financials - Rain Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 1.8 37.2
TTM Sales (₹ Cr.) 58.3 19,580
BVPS (₹.) 27.9 233.7
Reserves (₹ Cr.) 870 7,793
P/BV 6.65 0.79
PE 103.97 4.98
From the Market
52 Week Low / High (₹) 128.65 / 256.00
All Time Low / High (₹) 1.35 / 475.50
Market Cap (₹ Cr.) 6,234
Equity (₹ Cr.) 67.3
Face Value (₹) 2
Industry PE 32

Management X-Ray of Rain Industries :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Rain Industries

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Rain Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Rain Industries on 02-Dec-2022 18:01 is : 185.3.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 02-Dec-2022 18:01 the market cap of Rain Industries stood at ₹ 6,234.2.
The latest PE ratio of Rain Industries as of 02-Dec-2022 18:01 is 104.0.
The latest PB ratio of Rain Industries as of 02-Dec-2022 18:01 is 6.65
The 52-week high of Rain Industries is ₹ 256.0 and the 52-week low is ₹ 128.7.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Rain Industries is ₹ 58.31 ( Cr.) .

About Rain Industries Ltd

Rain Commodities (RCL), incorporated in 1974 is engaged in the business of manufacturing cement, Calcined Petroleum Coke (CPC) and power. The company is the largest producer of CPC with a production capacity of 2.49 nillion tonnes per annum (MTPA). Under cement, company has created brand namely Priya Cement. Presently the company markets its product mainly in South India in the states of Andhra Pradesh, Karnataka and Tamil Nadu.

The company was incorporated under the name Tadpatri Cements, which later was changed to present one on Dec. 27, 2004. Presently the total cement capacity of the company is 3.16 MTPA.

In 2007, Rain Calcining was merged with Rain Commodities. In the same year company’s wholly owned subsidiary Rain Commodities (USA) Inc, entered into an agreement to acquire the assets of the Toronto-based Great Lakes Carbon Income Fund.

The company owns subsidiaries namely Rain CII Carbon India or RCCIL (erstwhile known as Rain Industries), Rain Commodities (USA) Inc, Moonglow Company Business Inc and Rain CII Carbon LLC. All these subsidiaries are engaged are also engaged in manufacturing cement, CPC and power. RCCIL is 100% export-oriented unit located in Visakhapatnam, Andhra Pradesh and produces CPC, which has an installed capacity 480,000 TPA. This unit also operates a captive power plant of 49 MW.

The company operates two manufacturing facilities in Nalgonda and Kurnool in the state of Andhra Pradesh. The production capacity of these plants is 1 million tonnes capacity per annum and 2.16 million tonnes capacity per annum respectively.

New developments

Rain Commodities is planning to set up two greenfield CPC plants in Visakhapatnam, India. These greenfeild plants will have an aggregate capacity of 6,00,000 tonnes and will commence its operation by the end of 2009.

Rain CII Carbon LLC, a wholly owned subsidiary of RCL is planning to set up a petroleum coke calcining plant in China. The planned capacity for the new facility would be 0.3-0.5 million tonnes a year and is anticipated to be operational in 2010.

Rain CII Carbon India has entered into an agreement with International Finance Corp (IFC) of the World Bank to sell 850,000 carbon credits.

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