RR Kabel Ltd - Stock Valuation and Financial Performance

BSE: 543981 | NSE: RRKABEL | Cable | Small Cap

RR Kabel Ltd Share Price

1,481.60 37.90 2.63%
as on 26-Feb'24 15:31

DeciZen - make an informed investing decision on RR Kabel Ltd.

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

RR Kabel stock performance -

mw4me loader
P/E Ratio (SA):
86.21
Market Cap:
16,287.6 Cr.
52-wk low:
1,137.6
52-wk high:
1,822.2

Is RR Kabel Ltd an attractive stock to invest in?

1. Is RR Kabel Ltd a good quality company?

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

2. Is RR Kabel Ltd undervalued or overvalued?

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

3. Is RR Kabel Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of RR Kabel Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of RR Kabel Ltd.:

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.
RR Kabel 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

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 11.2%13.3%17.3%15.7%17.4%10.7%11.3%10.4%12.3%11.3%-
Value Creation
Index
-0.20.00.30.20.3-0.2-0.2-0.2-0.1-0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,1411,3011,4421,6981,9802,2412,4722,7164,3865,5995,599
Sales YoY Gr.-14%10.8%17.7%16.6%13.2%10.3%9.9%61.5%27.7%-
Adj EPS 3.94.57.58.211.89.112.113.319.618.716.8
YoY Gr.-14.4%69.1%9.3%42.8%-23.1%33.6%9.8%47.4%-4.4%-
BVPS (₹) 20.821.126.736.647.545.553.965.986.6104.5158.2
Adj Net
Profit
31.943.172.879.611484.7113127187179189
Cash Flow from Ops. 4374.510412.894.652.9211-71.198.2454-
Debt/CF from Ops. 7.74.42.9283.96.41.9-75.31.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 19.3%23.1%31.3%27.7%
Adj EPS 19%9.7%15.7%-4.4%
BVPS19.7%17.1%24.7%20.6%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
20.32331.5262813.213.11316.313.512.8
Op. Profit
Mgn %
7.69.11110.111.38.28.48.66.95.86.8
Net Profit
Mgn %
2.83.35.14.75.73.84.64.74.33.23.4
Debt to
Equity
21.61.210.80.40.40.50.40.4-
Working Cap
Days
999896971121241281321009629
Cash Conv.
Cycle
7676727683868597786715

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 31.32%

Net Profit is growing at healthy rate in last 3 years 15.65%

Return on Equity has declined versus last 3 years average to 12.80%

Sales growth is not so good in last 4 quarters at 7.04%

Latest Financials - RR Kabel Ltd.

Standalone Consolidated
TTM EPS (₹) 16.8 16.8
TTM Sales (₹ Cr.) 5,599 5,599
BVPS (₹.) 158.2 158.5
Reserves (₹ Cr.) 1,728 1,732
P/BV 9.13 9.11
PE 86.21 85.78
From the Market
52 Week Low / High (₹) 1137.60 / 1822.20
All Time Low / High (₹) 1137.60 / 1822.20
Market Cap (₹ Cr.) 16,288
Equity (₹ Cr.) 56.4
Face Value (₹) 5
Industry PE 44.1

Management X-Ray of RR Kabel Ltd.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of RR Kabel Ltd.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Balance Sheet

(All Figures are in Crores.)

Profit And Loss

(All Figures in Cr. Adjusted EPS in Rs.)

Cash Flow

(All Figures are in Crores.)

RR Kabel Ltd Stock News

RR Kabel Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of RR Kabel Ltd. on 26-Feb-2024 15:31 is ₹1,481.6.
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 26-Feb-2024 15:31 the market cap of RR Kabel Ltd. stood at ₹16,287.6.
The latest P/E ratio of RR Kabel Ltd. as of 26-Feb-2024 15:31 is 86.21.
The latest P/B ratio of RR Kabel Ltd. as of 26-Feb-2024 15:31 is 9.13.
The 52-week high of RR Kabel Ltd. is ₹1,822.2 and the 52-week low is ₹1,137.6.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of RR Kabel Ltd. is ₹5,599 ( Cr.) .

About RR Kabel Ltd

R R Kabel was originally incorporated as ‘Ram Ratna Agro-Plast Limited’ at Mumbai, Maharashtra as a public company under the Companies Act, 1956, pursuant to the certificate of incorporation dated February 6, 1995, issued by RoC and commenced operations pursuant to a certificate of commencement of business dated June 29, 1995. Subsequently, the name of the company was changed to ‘R R Kabel Limited’ to align the name with the business activity of the company and a fresh certificate of incorporation dated November 8, 2000 was issued by the RoC.

The company is one of the leading companies in the Indian consumer electrical industry (comprising wires and cables and fast moving electrical goods (FMEG)), with an operating history of many years in India.  The company sells products across two broad segments - (i) wires and cables including house wires, industrial wires, power cables and special cables; and (ii) FMEG including fans, lighting, switches and appliances. The company’s product’s end use determines whether the sale is through a business-to-business (B2B) or B2C channel. The company undertakes the manufacturing, marketing and sale of (i) its wires and cable products under its ‘RR Kabel’ brand, and (ii) a variety of consumer electrical products, including fans and lights under the ‘RR’ brand, which is licensed by it. The company also manufacture, market and sell fans and lights under the ‘Luminous Fans and Lights’ brand, which is licensed by it. 

The company owns and operates two integrated manufacturing facilities which are located at Waghodia, Gujarat, being the Waghodia Facility, and Silvassa, Dadra and Nagar Haveli and Daman and Diu (Silvassa Facility) in India, which primarily carry out manufacturing operations in respect of wire and cables and switches. Additionally, the company owns and operates three integrated manufacturing facilities which are located at Roorkee, Uttarakhand (Roorkee Facility), Bengaluru, Karnataka (Bengaluru Facility) and Gagret, Himachal Pradesh (Gagret Facility) in India, which carry out manufacturing operations in respect of FMEG products. Its Waghodia Facility is one of the largest consumer electrical manufacturing facilities in India as of March 31, 2023, with an annual manufacturing capacity of 2.1 million CKM of wires and cables.

Business area of the company 

The company is primarily engaged in the manufacturing, marketing and sale of consumer electrical products across two broad segments - wires and cables and FMEG.

Products of the company 

Wires and cables 

  • House wires
  • Industrial wires Power cables
  • Special cables

FMEG

  • Fans
  • Lighting
  • Switches and switchgear
  • Appliances 

Awards, accreditations and recognitions 

  • 2017: Won the ‘POWER BRAND INDIA 2017’ award in ‘Industry Trendsetter’ category at the Power Brands Glam Summit held in London, UK on May 12, 2017.
  • 2018: Won the ‘Marketing Campaign of the year 2018’ organized by ABP News Brand Excellence Award.
  • 2022: Awarded the ‘Best Brand in Building Material & Fittings’ category at the ET Infra Focus Summit & Awards.

History and milestones 

  • 1999: Establishment of the first manufacturing facility in Silvassa and commenced the operations.
  • 2004: Commencement of in-house manufacturing of PVC compound.
  • 2011: Establishment of manufacturing plant in the industrial belt of Vadodara.
  • 2019: Acquisition of 21.01% shareholding by TPG Asia VII SF Pte. Ltd. in the company.
  • 2019: Commencement of exports to USA.
  • 2020: Amalgamation of Ram Ratna Electricals Limited with the company.
  • 2019: Acquisition of LED business of Arraystorm Lighting Private Limited.
  • 2021: Commencement of manufacturing of switch.
  • 2022: Acquisition of home electrical business ‘Luminous Fans and Light’.

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