Rishi Laser Ltd - Stock Valuation and Financial Performance

BSE: 526861 | NSE: | Engineering - Industrial Equipments | Small Cap

Rishi Laser Share Price

81.87 3.89 4.99%
as on 18-Mar'24 16:59

DeciZen - make an informed investing decision on Rishi Laser

M-Cap below 100cr DeciZen not available

Rishi Laser stock performance -

mw4me loader
P/E Ratio (SA):
10.65
Market Cap:
75.3 Cr.
52-wk low:
21.1
52-wk high:
120.2

Is Rishi Laser Ltd an attractive stock to invest in?

1. Is Rishi Laser Ltd a good quality company?

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

2. Is Rishi Laser Ltd undervalued or overvalued?

The key valuation ratios of Rishi Laser Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Rishi Laser Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Rishi Laser 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 Rishi Laser:

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.
Rishi Laser 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 % -7.6%-9.2%-5.2%5%4.6%10.4%-7.6%-2.8%5.6%13.4%-
Value Creation
Index
-1.5-1.7-1.4-0.6-0.7-0.3-1.5-1.2-0.6-0.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 10388.890.395.912014191.274.4117134139
Sales YoY Gr.--14.1%1.7%6.2%25.3%17%-35.2%-18.4%57%14.8%-
Adj EPS -12.9-14.7-8.8-0.2-0.23.7-6.6-3.30.45.27.7
YoY Gr.-NANANANANA-278%NANA1352.8%-
BVPS (₹) 43.429.320.638.514.116.712.81111.316.322.5
Adj Net
Profit
-11.8-13.5-8-0.2-0.23.4-6.1-30.34.87
Cash Flow from Ops. 4.67.32.38.511.64.94.42.27.64.5-
Debt/CF from Ops. 9.97.217.33.82.443.56.21.71.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 2.9%2.2%13.7%14.8%
Adj EPS NANANA1352.8%
BVPS-10.3%3%8.5%44.6%
Share Price 19.2% 31.4% 89.8% 247.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-25.9-40.3-35-0.6-0.59.5-17.1-9.10.911.439.6
Op. Profit
Mgn %
2.72.33.35.54.14.8-3.32.14.36.38.3
Net Profit
Mgn %
-11.4-15.2-8.9-0.2-0.22.4-6.7-40.33.65.1
Debt to
Equity
1.122.10.92.11.31.31.31.30.5-
Working Cap
Days
190201165144129122169167977537
Cash Conv.
Cycle
74866831151213-10-9-6-7

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 39.60%

Sales growth is growing at healthy rate in last 3 years 13.72%

Debt to equity has declined versus last 3 years average to 0.47

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 4.83%

Latest Financials - Rishi Laser Ltd.

Standalone Consolidated
TTM EPS (₹) 7.7 5.4
TTM Sales (₹ Cr.) 139 134
BVPS (₹.) 22.5 16.3
Reserves (₹ Cr.) 11 6
P/BV 3.64 5.01
PE 10.65 15.22
From the Market
52 Week Low / High (₹) 21.12 / 120.15
All Time Low / High (₹) 1.00 / 206.00
Market Cap (₹ Cr.) 75.3
Equity (₹ Cr.) 9.2
Face Value (₹) 10
Industry PE 42.6

Management X-Ray of Rishi Laser:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *37.7037.7037.7037.7037.7037.7037.7037.7037.700.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Rishi Laser

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales103.4388.8390.3195.94120.20140.6491.1674.38116.80134.07
Operating Expenses 100.7586.8087.4890.86115.31133.8794.1372.80111.93125.62
Manufacturing Costs14.5813.3114.4515.4920.8324.6418.0214.9120.3523.34
Material Costs59.1750.8350.1752.2866.9078.3149.0741.5970.2678.58
Employee Cost 20.0517.1317.3417.8021.4824.1321.1913.2317.3119.98
Other Costs 6.955.535.525.306.106.795.853.074.013.73
Operating Profit 2.682.042.835.084.886.76-2.971.574.878.45
Operating Profit Margin (%) 2.6%2.3%3.1%5.3%4.1%4.8%-3.3%2.1%4.2%6.3%
Other Income 0.320.680.282.782.722.652.121.301.872.12
Interest 6.918.516.434.764.493.942.992.373.493.15
Depreciation 8.738.505.043.883.893.734.023.672.972.83
Exceptional Items 00.370.291.93004.951.1200
Profit Before Tax -12.64-13.92-8.071.14-0.781.76-2.90-2.060.284.59
Tax -0.72-1.01-0.120.09-0.59-1.68-0.280.150.08-0.31
Profit After Tax -11.92-12.91-7.951.05-0.193.43-2.62-2.210.204.91
PAT Margin (%) -11.5%-14.5%-8.8%1.1%-0.2%2.4%-2.9%-3.0%0.2%3.7%
Adjusted EPS (₹)-13.0-14.1-8.71.2-0.23.7-2.9-2.40.25.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 39.8626.9318.9735.4334.9937.3833.8132.1740.0444.67
Share Capital 9.199.199.199.199.199.199.199.199.199.19
Reserves 30.6717.749.7826.2425.8028.1924.6222.9730.8535.48
Minority Interest0000000000
Debt39.8843.9731.9325.5518.7510.147.606.043.620
Long Term Debt13.628.4828.5225.5518.7510.147.606.043.620
Short Term Debt26.2635.503.420000000
Trade Payables25.9820.2419.2627.5430.9335.3730.8429.5227.3523.76
Others Liabilities 15.7916.0914.9715.7019.8021.8416.7117.8722.3815.62
Total Liabilities 121.52107.2485.13104.22104.46104.7488.9685.6093.3884.05

Fixed Assets

Gross Block110.90112.35105.64126.29127.05125.39123.52118.49123118.91
Accumulated Depreciation58.4966.8666.4769.6471.6772.8671.9371.6666.9864.51
Net Fixed Assets52.4145.4939.1656.6455.3852.5351.5946.8356.0254.39
CWIP 3.312.232.380.660.390.370.46000.12
Investments 8.938.461.763.482.231.510.871.574.640.66
Inventories18.6218.0810.4911.8312.1313.6310.469.3910.918.98
Trade Receivables30.2627.2625.9523.6424.7729.1117.7718.4414.5715.52
Cash Equivalents 0.920.931.650.852.520.231.573.730.761.86
Others Assets7.074.793.737.117.047.356.245.636.482.52
Total Assets 121.52107.2485.13104.22104.46104.7488.9685.6093.3884.05

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 4.557.322.268.4611.564.894.352.217.634.52
PBT -12.64-13.92-8.07-0.78-0.781.76-2.90-2.060.284.59
Adjustment 15.4216.3611.1510.775.622.972.243.905.714.75
Changes in Working Capital 1.995.41-0.89-1.816.720.395.180.531.75-4.65
Tax Paid -0.22-0.520.070.280-0.22-0.17-0.15-0.11-0.17
Cash Flow From Investing Activity -1.140.600.92-2.52-1.34-0.461.223.18-6.706.40
Capex -1.38-0.160.64-0.53-2.69-0.801.363.23-3.492.18
Net Investments -0.010.560.10-21.400-0.02-0.30-3.393.93
Others 0.240.210.180.01-0.050.35-0.120.260.180.29
Cash Flow From Financing Activity -4.21-7.91-2.46-6.70-8.57-6.70-4.24-3.45-3.92-9.69
Net Proceeds from Shares 0.40000000000
Net Proceeds from Borrowing 1.99-5.1420.040000000
Interest Paid -6.91-8.51-6.43-4.76-1.77-1.42-1.29-1.01-1.64-1.90
Dividend Paid 0000000000
Others 0.315.74-16.07-1.94-6.80-5.28-2.95-2.44-2.27-7.79
Net Cash Flow -0.800.010.72-0.761.65-2.271.331.95-2.991.24
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-26.13-38.67-34.633.87-0.7824.27-19.3-20.211.9738.63
ROCE (%)-6.22-6.6-2.389.46.8915.180.281.2515.9333.91
Asset Turnover Ratio0.880.841.041.111.181.340.940.851.311.51
PAT to CFO Conversion(x)N/AN/AN/A8.06N/A1.43N/AN/A38.150.92
Working Capital Days
Receivable Days1061099786727094895241
Inventory Days60705239363348493227
Payable Days162166144163160155246265148119

Rishi Laser Ltd Stock News

Rishi Laser Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Rishi Laser on 18-Mar-2024 16:59 is ₹81.87.
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 18-Mar-2024 16:59 the market cap of Rishi Laser stood at ₹75.26.
The latest P/E ratio of Rishi Laser as of 18-Mar-2024 16:59 is 10.65.
The latest P/B ratio of Rishi Laser as of 18-Mar-2024 16:59 is 3.64.
The 52-week high of Rishi Laser is ₹120.2 and the 52-week low is ₹21.12.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Rishi Laser is ₹139.3 ( Cr.) .

About Rishi Laser Ltd

Rishi Laser Ltd. was incorporated on April 20, 1992 under the name Alandi Metapress Pvt. Ltd. The company was converted to a public limited company on  June 30, 1993 and the name of the company was then changed to Rishi Laser Cutting Limited to have a group synergy finally the company changed its name to the present in 2007.

Rishi Laser, manufactures fully-integrated sheet metal and heavy metal components and assemblies using German-made Trumpf CNC laser-cutting machines, CNC Bending machines and CNC Plasma / Flame Cutting machines.

The availability of facilities for Welding, Powder-Coating, Painting, Plating and Assembly under one roof enables it to deliver finished products at short notice. It has a skilled work force of over 150 employees with over 20 Engineers. Delivering custom-made products in time has been their tradition.

The Company now has state-of -the-art steel processing facilities at Pune, Bangalore, Vadodara and Nashik.From programming and designing to supply of complete painted fabrication, They can provide TOTAL Solutions.

Rishi is the largest Laser job shop in India having FIVE LASER CUTTING MACHINES

Services offered by the company:
  • CNC Laser Cutting 
  • Milling Center 
  • CNC Bending 
  • CNC Plasma/Flame Cutting 
  • Welding 
  • Design & Development 
  • Punching
  • Sheet Steel Fabrication      
  • Bending
  • Laser Cutting                       
  • Oxyfuel/Plasma Cutting     
  • Surface Treatment
The company caters to spectrum of Industry:
  • Railways  
  • Earthmoving Machinery
  • Automotive
  • Power Plant Equipments
  • Telecommunications and Instrumentation
  • Textile and General Engineering
Achievements/ recognition:
  • An ISO 9001:2000 certified company

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.