Ras Extrusions Ltd. (Amglgamated) - Stock Valuation and Financial Performance

BSE: 523780 | NSE: | Plastic Products | Small Cap

BSE Share Price
Not Listed

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Ras Extrusions Ltd. (Amglgamated) stock performance -

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P/E Ratio (SA):
12.61
Market Cap:
4.7 Cr.
52-wk low:
23
52-wk high:
23

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Ras Ext. (Amalgamat):

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'02Mar'03Mar'04Mar'05Mar'06Sep'06Mar'07Sep'08Sep'09Sep'10TTM
ROCE % 2.5%-0.6%-5.7%-22.2%-2.1%-235.8%66.7%112.1%39.7%35.8%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 5.138.57.15.33.32.10.3003
Sales YoY Gr.--41.2%186.2%-17%-25.9%-36.6%-36.6%-84.4%-100%NA-
Adj EPS -0.1-0.2-0.4-1.1-0.1-5.7-0.7-1.4-1.5-4.21.8
YoY Gr.-NANANANANANANANANA-
BVPS (₹) 2.92.52.110.9-3.9-4.5-2.9-5.8-14.3-14.1
Adj Net
Profit
-0.1-0.3-0.5-1.1-0.1-6.3-0.8-1.5-1.6-0.90
Cash Flow from Ops. 0.8-0.60.90.3-0.30.10.200-4.5-
Debt/CF from Ops. 4.7-4.42.14.9-0.92.51-47-18.2-0.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -43.5%-64.4%-75.8%NA
Adj EPS NANANANA
BVPS-219.2%-272.2%NANA
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'02Mar'03Mar'04Mar'05Mar'06Sep'06Mar'07Sep'08Sep'09Sep'10TTM
Return on
Equity %
-1.8-5.5-11.1-33.5-4.1-283.656.611240.127.7-12.9
Op. Profit
Mgn %
1-41.2-6.3-18.2-15.5-179.9-51.5-3820-3785.217.3
Net Profit
Mgn %
-1.8-8.8-5.5-16.1-2.1-187.4-35.7-451.30-2688.814.6
Debt to
Equity
1.20.90.81.10.2-0.1-0-0-0-0.5-
Working Cap
Days
34250615818417228110313401,1190
Cash Conv.
Cycle
1215-15-74-202-247-1360-1230

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

Net Profit has been subdued in last 3 years %

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

Latest Financials - Ras Extrusions Ltd. (Amglgamated)

Standalone Consolidated
TTM EPS (₹) 1.8 -
TTM Sales (₹ Cr.) 2.5 -
BVPS (₹.) -14.1 -
Reserves (₹ Cr.) -5 -
P/BV -1.64 -
PE 12.61 -
From the Market
52 Week Low / High (₹) 23.00 / 23.00
All Time Low / High (₹) 0.50 / 51.67
Market Cap (₹ Cr.) 4.7
Equity (₹ Cr.) 2
Face Value (₹) 10
Industry PE 37.3

Management X-Ray of Ras Ext. (Amalgamat):

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *62.5962.5965.9265.927.437.430.000.008.118.11
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Ras Ext. (Amalgamat)

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'02Mar'03Mar'04Mar'05Mar'06Sep'06Mar'07Sep'08Sep'09Sep'10
Sales5.072.988.537.085.251.671.050.5000.03
Operating Expenses 5.024.669.078.376.064.661.602.411.361.25
Manufacturing Costs0.300.420.550.470.330.170.140.160.060.13
Material Costs2.971.466.585.9641.380.890.4600
Employee Cost 0.670.670.830.860.680.340.321.140.680.79
Other Costs 1.072.121.111.081.062.770.250.640.610.33
Operating Profit 0.05-1.68-0.54-1.29-0.81-3-0.54-1.91-1.36-1.21
Operating Profit Margin (%) 1.0%-56.3%-6.3%-18.2%-15.5%-179.0%-51.5%-382.0%--3,785.2%
Other Income 0.671.840.500.491.080.060.350.200.090.66
Interest 0.450.310.150.070.060.030.040.130.070.04
Depreciation 0.360.360.270.270.270.130.130.390.260.26
Exceptional Items 0000000000
Profit Before Tax -0.09-0.51-0.46-1.14-0.05-3.10-0.36-2.24-1.60-0.86
Tax 00000.060.030.020.0200
Profit After Tax -0.09-0.51-0.46-1.14-0.11-3.12-0.38-2.26-1.60-0.86
PAT Margin (%) -1.8%-17.0%-5.4%-16.1%-2.1%-187.0%-35.6%-450.0%--2,683.9%
Adjusted EPS (₹)-0.1-0.5-0.4-1.1-0.1-2.9-0.3-2.1-1.5-4.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'02Mar'03Mar'04Mar'05Mar'06Sep'06Mar'07Sep'08Sep'09Sep'10

Equity and Liabilities

Shareholders Fund 5.034.493.992.822.67-0.47-0.86-3.17-4.80-1.42
Share Capital 10.9010.9010.9010.9010.9010.9010.9010.9010.902.05
Reserves -5.87-6.41-6.91-8.08-8.23-11.37-11.76-14.07-15.70-3.47
Minority Interest0000000000
Debt3.802.431.801.240.250.180.100.080.081.50
Long Term Debt3.802.431.801.240.250.180.100.080.081.50
Short Term Debt0000000000
Trade Payables1.090.281.761.681.411.531.191.321.550.29
Others Liabilities 2.551.192.411.962.433.193.755.346.442.72
Total Liabilities 12.478.399.967.696.764.434.183.573.273.09

Fixed Assets

Gross Block10.268.258.318.338.338.348.348.348.348.50
Accumulated Depreciation3.803.263.563.874.174.324.474.925.215.50
Net Fixed Assets6.464.994.754.464.164.023.873.423.133
CWIP 0.020.030.010000000
Investments 000.050.05000000
Inventories0.420.2020.650.180.200.14000
Trade Receivables1.060.150.270.070.040.060.020.030.030
Cash Equivalents 0.150.060.070.010.020.010.02000.04
Others Assets4.352.972.822.452.360.140.130.110.110.06
Total Assets 12.478.399.967.696.764.434.183.573.273.09

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'02Mar'03Mar'04Mar'05Mar'06Sep'06Mar'07Sep'08Sep'09Sep'10
Cash Flow From Operating Activity 0.81-0.560.870.25-0.290.070.1000-4.53
PBT -0.09-0.51-0.46-1.14-0.11-3.12-0.38-2.29-1.600.10
Adjustment 0.851.150.420.330.320.160.170.530.330.31
Changes in Working Capital 0.060.330.921.380.793.060.341.91.33-4.89
Tax Paid 0-1.5300-1.2900000
Cash Flow From Investing Activity -0.010.63-0.0900.04-0.01000-0.17
Capex -0.010.63-0.05-0.010-0.01000-0.17
Net Investments 00-0.0500.0500000
Others 0000000000
Cash Flow From Financing Activity -0.75-0.15-0.77-0.310.25-0.07-0.08-0.0204.73
Net Proceeds from Shares 0000000001.50
Net Proceeds from Borrowing 0000000000
Interest Paid 0000000000
Dividend Paid 0000000000
Others -0.75-0.15-0.77-0.310.25-0.07-0.08-0.0203.23
Net Cash Flow 0.05-0.080-0.06000.01-0.0200.03
PARTICULARSMar'02Mar'03Mar'04Mar'05Mar'06Sep'06Mar'07Sep'08Sep'09Sep'10
Ratios
ROE (%)-2.85-17.12-18.27-66.9-10.41N/AN/AN/AN/AN/A
ROCE (%)5.03-3.34-6.58-33.340.18N/AN/AN/AN/AN/A
Asset Turnover Ratio0.470.311.060.930.840.350.290.1500.01
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days51678839121400
Inventory Days153441592536514500
Payable Days1001715710514138855899000

Ras Extrusions Ltd. (Amglgamated) Stock News

Ras Extrusions Ltd. (Amglgamated) FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Ras Ext. (Amalgamat) on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of Ras Ext. (Amalgamat) stood at ₹4.70.
The latest P/E ratio of Ras Ext. (Amalgamat) as of 01-Jan-1970 05:30 is 12.61.
The latest P/B ratio of Ras Ext. (Amalgamat) as of 01-Jan-1970 05:30 is -1.64.
The 52-week high of Ras Ext. (Amalgamat) is ₹23.00 and the 52-week low is ₹23.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ras Ext. (Amalgamat) is ₹2.54 ( Cr.) .

About Ras Extrusions Ltd. (Amglgamated)

Ras Extrusions, established in 1987, is a public limited company listed on major exchanges of the country. RE manufacturing facilities and registered office is situated close to Pune, India. RE commenced commercial production in the year 1990. Initially, RE was engaged in manufacure and supply of Aseptic Flexible Packaging material used in cosmetics, food pharmaceuticals, and toiletry industry. The company, in a short span of a time attained the STAR Supplier status with Hindustan Lever Ltd. Other Prestigious customers include Nestle, Cadbury's Hoechst, Roussel, Glaxo, Castrol etc.

In the year 1994 as a strategic move, the promoters decided to shift the line of business to manufacturing of Multilayer Laminated Web. Laminated Web is a 5-layer structure constituting of 4-layer of polemers and one layer of Aluminium Foil. This is the key raw material for the laminate tube industry. The company’s customers include multinationals in India and abroad viz. Hindustan Lever Ltd., Betts India Private Limited, RAS Propack Lamipack Ltd., with whom it has entered into long term arrangements for supply of laminate web. Besides REL exports to Iran, Srilanka, etc.

Business area

The company is engaged in manufacture and export of plastic laminated tubes. The company manufactures multilayer laminated web (5-layer structure constituting of 4-layer of polymers and one layer of aluminium foil), the key raw material for the laminate tube industry

Achievements/ recognition:

International Quality Crown award, 2002.

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