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Ram Ratna Wires Ltd. Stock Analysis

Small Cap
Evaluated by 252 users | BSE: 522281 | NSE: |
Metal - Non Ferrous
The company was originally incorporated as Ram Ratna Winding Wires Pvt. Limited on July 21, 1992. Subsequently the company was converted from private limited to public limited and changed its name to Ram Ratna Wires Ltd.The company is engaged in manufacturing of enamelled copper winding wires....

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 17.74%11.87%8.55%10.69%9.7%11.43%10.19%12.68%10.81%7.76%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 4054995606866997417198011,0271,250
Y-o-Y Gr. Rt.-23.1%12.3%22.3%1.9%6.1%-3%11.4%28.3%21.7%
Adjusted EPS (Rs.) 5.374.322.163.953.344.164.099.7911.626.88
Y-o-Y Gr. Rt.--19.6%-50%82.9%-15.4%24.6%-1.7%139.4%18.7%-40.8%
Book Value per Share (Rs.) 17.1120.2521.6924.7727.0430.1933.5456.7375.4582.97
Adjusted Net Profit 11.89.54.88.77.39.2921.525.615.2
Net Op. Cash Flow (Rs. Cr.) -20.54.8-20.6-2.71322.424.620.61.6-3.4
Debt to Cash Flow from Ops -3.3417.34-5.41-44.898.384.994.737.18135.95-79.66
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.
Ram Ratna Wires Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 13.3%12.3%20.2%21.7%
Adjusted EPS 2.8%15.6%18.9%-40.8%
Book Value per Share 19.225.135.210
Share Price 5.5% 13.8% -25.1% -10.8%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 35.7123.1210.3117.0212.8814.5412.8321.6817.598.69
Operating Profit Margin (%) 6.694.813.824.344.124.664.746.286.144.87
Net Profit Margin (%) 2.911.90.851.271.051.241.252.692.491.21
Debt to Equity 1.821.862.332.21.821.681.581.191.321.47
Working Capital Days 67717069746970748286
Cash Conversion Cycle 49555753534955555863
Entity Percentage Holding
Promoters 73.00%
Non-Institutions 27.00%
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 Ram Ratna Wires's performance infers:

Ram Ratna Wires earnings have grown by 15.6%, whereas share price has appreciated 13.8% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Ram Ratna Wires share prices over the last 10 years. Here is what we found out:

Ram Ratna Wires share price has appreciated 2.9% annually over the past ten years.

The company was originally incorporated as Ram Ratna Winding Wires Pvt. Limited on July 21, 1992. Subsequently the company was converted from private limited to public limited and changed its name to Ram Ratna Wires Ltd.

The company is engaged in manufacturing of enamelled copper winding wires. Its products include modified polyester copper wires, polyesterimide wires, polyurethane self solderable wires and dual coated wires.

It all started with the dream of an inspired man determined to

The company was originally incorporated as Ram Ratna Winding Wires Pvt. Limited on July 21, 1992. Subsequently the company was converted from private limited to public limited and changed its name to Ram Ratna Wires Ltd.

The company is engaged in manufacturing of enamelled copper winding wires. Its products include modified polyester copper wires, polyesterimide wires, polyurethane self solderable wires and dual coated wires.

It all started with the dream of an inspired man determined to realize his vision. A very humble beginning was made. The Group Chairman, Rameshwarlal Kabra, established a small electrical trading shop in the city of Bombay. His simple strategy was to work hard, establish, consolidate and then move into manufacturing. Growth was slow and steady. Four decades and seven companies later, today the Group is among the market leaders in this segment.

What began with an unwavering trust in one's own abilities has now extended into a total philosophy of trust, apparent on both sides of the table in any business transaction of the Group. Ram Ratna Group is not only a leading business house but also an entity which has been deeply conscious of its social responsibilities as well. It truly believes that each citizen is obliged to contribute towards the wellbeing and welfare of the society in which he lives and thrives. Fuelled by a relentless pursuit of innovation, the consolidation of trust and goodwill earned through performance and business ethics and absolute transparency in its operations, today, apart from empowering India's domestic progress, the products manufactured by the Ram Ratna Group companies have a presence in over 73 countries around the world, where Ram Ratna operates in the spirit of a 'local multinational'.  

Product range of the company includes:

  • Enamelled copper winding wires
  • Modified polyester copper wires
  • Polyesterimide wires
  • Polyurethane self solderable wires
  • Dual coated wires.

Achievements/ recognition:

  • ISO 9001:2008
  • ISO 14001:2004
  • ISO 18001:2007
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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