Rama Petrochemicals Ltd - Stock Valuation and Financial Performance

BSE: 500358 | NSE: RAMAPETRO | Trading | Small Cap

Rama Petrochem. Share Price

8.60 0.00 0.00%
as on 22-Jul'24 15:31

DeciZen - make an informed investing decision on Rama Petrochem.

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Rama Petrochemicals stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
9 Cr.
52-wk low:
3.4
52-wk high:
9.1

Is Rama Petrochemicals Ltd an attractive stock to invest in?

1. Is Rama Petrochemicals Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Rama Petrochemicals Ltd is a below average quality company.

2. Is Rama Petrochemicals Ltd undervalued or overvalued?

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

3. Is Rama Petrochemicals Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Rama Petrochemicals 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 Rama Petrochem.:

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.
Rama Petrochemicals Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 318.2%11.8%4.6%-0.1%2.1%-0.2%5.1%-0.4%-48.9%1.3%-
Value Creation
Index
NANANANANANANANA-4.5NA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2.30.70.30.60.20.40.41.20.90.81
Sales YoY Gr.--68.9%-52.1%76.5%-66.7%85%8.1%192.5%-23.1%-10%-
Adj EPS -29.8-3.7-1.3-0.1-1-0.1-1.7-014.6-1.2-0.4
YoY Gr.-NANANANANANANANA-108.3%-
BVPS (₹) -52.4-56.1-57.4-53.9-52.7-48.7-50.4-50.4-51.6-52-52
Adj Net
Profit
-31.2-3.9-1.4-0.1-1-0.1-1.7015.3-1.30
Cash Flow from Ops. 3.7-1.4-16.5-1.8-0.75.2-0.2-1.6-0.7-16.3-
Debt/CF from Ops. 3.6-11-2-16.2-37.24-78.1-12.8-33.1-2.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -10.9%32.3%26.5%-10%
Adj EPS NANANA-108.3%
BVPSNANANANA
Share Price 3.8% 0.3% 27.5% 133.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
129.79.22.60.21.80.13.40-28.72.40.7
Op. Profit
Mgn %
-1480.8-425.8-402.5-275.3-1424.7-665.6-399.9-37.8-97.8-129.6-95.8
Net Profit
Mgn %
-1366.9-544.7-401-23.7-500.5-18-432.8-1.31701.7-157.9-49.1
Debt to
Equity
-0.2-0.3-0.5-0.5-0.5-0.4-0.4-0.4-0.4-0.7-
Working Cap
Days
9592,5964,6902,9397,5763,3672,2897501,2431,283458
Cash Conv.
Cycle
4231,5013,2281,8414,4211,755890-25-39-31-285

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 0.70%

Sales growth is growing at healthy rate in last 3 years 26.51%

Sales growth is good in last 4 quarters at 11.97%

No data to display

Latest Financials - Rama Petrochemicals Ltd.

Standalone Consolidated
TTM EPS (₹) -0.4 -0.4
TTM Sales (₹ Cr.) 0.8 0.8
BVPS (₹.) -52 -52.2
Reserves (₹ Cr.) -65 -65
P/BV -0.17 -0.16
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 3.36 / 9.06
All Time Low / High (₹) 0.65 / 110.00
Market Cap (₹ Cr.) 9
Equity (₹ Cr.) 10.5
Face Value (₹) 10
Industry PE 74.5

Management X-Ray of Rama Petrochem.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *24.3124.3124.3124.3124.3124.3124.3124.310.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Rama Petrochem.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales2.280.710.340.600.200.370.401.170.900.81
Operating Expenses 36.043.731.712.253.343.852.011.6125.531.86
Manufacturing Costs0.160.190.170.231.450.270.080.100.110.03
Material Costs1.180.390.240.450.120.360.250.340.570.76
Employee Cost 0.690.590.580.650.591.130.960.650.630.58
Other Costs 34.012.560.720.921.182.090.720.5124.230.50
Operating Profit -33.76-3.02-1.37-1.65-3.13-3.48-1.61-0.44-24.63-1.05
Operating Profit Margin (%) -1,480.8%-425.0%-402.0%-275.0%-1,538.5%-935.0%-399.0%-37.8%-2,739.2%-129.0%
Other Income 3.850.100.165.495.110.760.030.6323.770.80
Interest 1.220.900.120.230.620.180.170.200.451.39
Depreciation 0.040.040.040.030.020.02000.010.01
Exceptional Items 000007.150001.26
Profit Before Tax -31.17-3.86-1.373.591.324.24-1.74-0.02-1.32-0.40
Tax 0000000000
Profit After Tax -31.17-3.86-1.373.591.324.24-1.74-0.02-1.32-0.40
PAT Margin (%) -1,366.9%-544.0%-401.0%599.7%650.3%1,140.1%-432.0%-1.3%-147.0%-48.8%
Adjusted EPS (₹)-29.8-3.7-1.33.41.34.1-1.70.0-1.3-0.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund -54.85-58.71-60.07-56.47-55.16-50.94-52.72-52.73-54.07-54.46
Share Capital 10.4710.4710.4710.4710.4710.4710.4710.4710.4710.47
Reserves -65.32-69.18-70.54-66.94-65.63-61.41-63.19-63.20-64.53-64.93
Minority Interest0000000000
Debt13.2015.4932.2128.8726.0820.7719.0920.9222.0139.69
Long Term Debt015.4932.2128.8726.0820.7719.0920.920.518.40
Short Term Debt13.20000000021.5031.29
Trade Payables0.390.190.210.300.270.150.190.170.270.15
Others Liabilities 50.8350.7335.9335.9535.4535.3035.5335.2635.4818.55
Total Liabilities 9.587.708.288.646.645.272.083.633.693.93

Fixed Assets

Gross Block38.4138.411.010.930.750.750.360.360.740.80
Accumulated Depreciation37.3737.400.040.060.070.09000.120.14
Net Fixed Assets1.041.010.970.870.680.660.360.360.610.66
CWIP 2.412.412.412.412.410.960000
Investments 0000000000
Inventories3.093.073.073.071.811.810000
Trade Receivables0000.1100.040.2100.100
Cash Equivalents 0.160.160.270.340.100.240.080.110.100.54
Others Assets2.871.051.551.831.641.561.423.152.872.73
Total Assets 9.587.708.288.646.645.272.083.633.693.93

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 3.69-1.41-16.54-1.78-0.705.16-0.24-1.64-0.66-16.30
PBT -31.17-3.86-1.373.591.324.24-1.74-0.02-1.32-0.40
Adjustment 28.272.770.11-5.10-3.19-5.99-1.760.190.450.61
Changes in Working Capital 6.58-0.32-15.29-0.281.23-0.243.26-1.820.21-15.25
Tax Paid 0000-0.0700.02000
Cash Flow From Investing Activity 0.020.020.055.4340.481.930.030.01-0.06
Capex 0005.403.750.451.9100-0.06
Net Investments 0000000000
Others 0.020.020.050.030.250.030.020.030.010.01
Cash Flow From Financing Activity -3.811.3816.60-3.57-3.41-5.49-1.851.630.6416.80
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0016.72-3.35-2.79-5.31-1.681.841.098.40
Interest Paid -1.22-0.90-0.12-0.23-0.62-0.18-0.17-0.20-0.45-1.39
Dividend Paid 0000000000
Others -2.592.2900000009.79
Net Cash Flow -0.0900.110.08-0.120.14-0.160.03-0.010.45
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
ROCE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio0.230.080.040.070.030.060.110.410.250.21
PAT to CFO Conversion(x)N/AN/AN/A-0.5-0.531.22N/AN/AN/AN/A
Working Capital Days
Receivable Days900660401150420
Inventory Days4941,5863,2961,8744,3711,7770000
Payable Days146277304206896211240193141100

Rama Petrochemicals Ltd Stock News

Rama Petrochemicals Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Rama Petrochem. on 22-Jul-2024 15:31 is ₹8.60.
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 22-Jul-2024 15:31 the market cap of Rama Petrochem. stood at ₹9.00.
The latest P/E ratio of Rama Petrochem. as of 22-Jul-2024 15:31 is 0.00.
The latest P/B ratio of Rama Petrochem. as of 22-Jul-2024 15:31 is -0.17.
The 52-week high of Rama Petrochem. is ₹9.06 and the 52-week low is ₹3.36.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Rama Petrochem. is ₹0.81 ( Cr.) .

About Rama Petrochemicals Ltd

Rama Petro Chemicals was incorporated in the year 1985. It is engaged in the business of methanol, construction and fertilizers. Indo-Us Investment holds more than 20% equity in the company. Its plant are located at Patalganga, Dist. Raigad, Maharashtra and in Dungarpur, Junagadh, Gujarat. But due to the rising international prices of naphtha, the oil gas company is not operating its methanol plant since 1999.

The company has a subsidiary namely, Rama Capital and Fiscal Services.

Milestones:

1985

  • The Company was incorporated on 28th January, at Mumbai.  It manufactures methanol.  It was promoted by the Rama Group of Companies.
  • The Company entered into a Licence Agreement with Lurgi GmbH of West Germany and Osterreichsche Hiag-Werke GmbH of Austria, whereby the Company was granted a licence to operate the methanol plant based on the latest low pressure technology of Lurgi GmbH. Lurgi GmbH also would be deputing their technicians for commissioning the methanol plant.
  • The Company entered into a comprehensive agreement dated 16th October, with Humphreys and Glasgow Consultants Pvt. Ltd. (HGCL) for provision of technical consultancy services required for the methanol project.
  • Approval from Government was received for enhancement of the licensed capacity of methanol from 50,000 to 1,00,000 tonnes per annum. 

1987

  • The Company initiated discussions with alternative suppliers of technology for selection of a cost effective technology package. 

1989

  • The Company obtained a letter of intent for the manufacture of 15,000 TPA of 2- Ethyl Hexanol and certain by-products.
  • Another letter of intent was received for the manufacture of 30,000 TPA of formaldehyde at the existing location at Patalganga. Steps were taken for selection of appropriate technology for the manufacture of the said product. 

1990

  • It was decided to defer the 2 ethyl hexnol project since a satisfactory agreement could not be concluded with the technical collaborators for the project. In view of certain anticipated changes in the industrial policy, it was decided to review the proposed formaldehyde project. 

1992

  • During October, necessary approvals were received to issue 31,20,720--15% fully convertible debentures of Rs 100 each on Rights basis in the proportion 3 debs: 10 equity shares held. 

1995

  • During the year prices of Methanol decreased globally coupled with reduced customs duty which led to cheap import of Methanol had affected the performance of the Company. 

1996

  • Sales turnover declined to Rs. 50.31 crores due to lock-out of the factory for 28 days.  

1998

  • The poor performance as attributed to closure of the methanol plant for nearly 10 months due to a lock out declared by the company. 
  • The company contemplated reorganization of its business with a view to greater focus and attention on the product groups and improve its working results. With this in view, the company proposed to transfer the Denim division to Rainbow Denim Ltd.
  • The company submitted a rehabilitation scheme to BIFR for the merger of Rama Fertilisers Pvt. with the company.
  • Rama Capital & Fiscal Services Ltd. is a subsidiary of the company. 

2003

  • Shareholders approved delisting from Ahmedabad Stock Exchange and Delhi Stock Exchange.

Business areas of the company:

Rama Petrochemicals engages in the manufacture of methanol. It also engages in construction business, as well as trades in chemical goods, such as granular sulphur and sulphuric acid. The company is based in Mumbai, India.

Subsidiary:

Rama Capital & Fiscal Services

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