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Rungta Irrigation Ltd. Stock Analysis

Small Cap
Evaluated by 108 users | BSE: 530449 | NSE: |
Engineering - Industrial Equipments
Rungta Irrigation was incorporated on April 17, 1986 as a private limited company. Earlier known as Jindal Irrigation, it became a public limited company with the present name on May 09, 1994 through shareholder resolution. The manufacturing units of the company are located in the Sirmour...

Analysis of Financial Track Record

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.
Value Creation
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 2.14%3.29%3.56%2.71%2.71%4.41%3.6%2.91%3.91%1.92%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 37.660.681.163.26463.76462.657.657.7
Y-o-Y Gr. Rt.-61%33.9%-22.1%1.4%-0.6%0.6%-2.2%-8%0.3%
Adjusted EPS (Rs.) 0.681.831.251.141.112.421.280.961.390.22
Y-o-Y Gr. Rt.-169.1%-31.7%-8.8%-2.6%118%-47.1%-25%44.8%-84.2%
Book Value per Share (Rs.) 57.0358.9760.2261.3362.4464.7265.4368.2970.671.27
Adjusted Net Profit 0.61.61.1112.21.10.91.20.2
Net Op. Cash Flow (Rs. Cr.) -0.15.35.30.62.351.8-10.5-5.82.6
Debt to Cash Flow from Ops -77.132.022.1914.235.22.315.41-1.84-3.255.86
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Rungta Irrigation Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 4.9%-2%-3.4%0.3%
Adjusted EPS -11.8%-27.7%-44.4%-84.2%
Book Value per Share 2.52.72.91
Share Price -1.7% -0.7% -6% -3.6%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 1.212.971.971.781.763.811.961.4320.32
Operating Profit Margin (%) 3.734.674.814.624.612.513.28-0.395.692.04
Net Profit Margin (%) 1.612.681.361.61.543.371.761.352.140.34
Debt to Equity 0.120.190.20.160.210.20.160.320.30.24
Working Capital Days 356254212298293323352359429423
Cash Conversion Cycle 207141128204210203217228254243
Entity Percentage Holding
Promoters 38.86%
Institutions 0.56%
Non-Institutions 60.58%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Rungta Irrigation Ltd.'s performance infers:

Rungta Irrigation Ltd. earnings have declined by -27.7%, whereas share price has depreciated -0.7% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Rungta Irrigation Ltd. share prices over the last 10 years. Here is what we found out:

Rungta Irrigation Ltd. share price has depreciated -8.7% annually over the past ten years.

Rungta Irrigation was incorporated on April 17, 1986 as a private limited company. Earlier known as Jindal Irrigation, it became a public limited company with the present name on May 09, 1994 through shareholder resolution.

The manufacturing units of the company are located in the Sirmour district of Himachal Pradesh, Ghaziabad in Uttar Pradesh, and in the Yanam district within the Union Territory of Pondicherry with combined installed capacities of 4,500 MTPA HDPE pipes, 200,000 HDPE

Rungta Irrigation was incorporated on April 17, 1986 as a private limited company. Earlier known as Jindal Irrigation, it became a public limited company with the present name on May 09, 1994 through shareholder resolution.

The manufacturing units of the company are located in the Sirmour district of Himachal Pradesh, Ghaziabad in Uttar Pradesh, and in the Yanam district within the Union Territory of Pondicherry with combined installed capacities of 4,500 MTPA HDPE pipes, 200,000 HDPE pipes with couplers, 5,000 MTPA rigid PVC pipes and profiles, 750 MTPA linear low density polyethylene tubes, and 350,000 aluminum pipes with couplers. The company has established a strong dealership network with branches across the country.

The registered office of the company is situated at 101, Pragati Tower, 26 Rajendra Place, New Delhi-110008.

Products offered by the company

Products such as sprinkler and drip irrigation systems; aluminum, polyvinyl chloride (PVC), and high density polyethylene (HDPE) pipes and fountains are produced.

Business area of the company

The company is engaged mainly in manufacturing, designing, assembling and marketing pipe-based sprinkler irrigation systems.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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