Raghav Productivity Enhancers Ltd - Stock Valuation and Financial Performance

BSE: 539837 | NSE: | Mining & Minerals | Small Cap

Raghav Productivity Share Price

623.50 25.90 4.33%
as on 19-Apr'24 16:01

DeciZen - make an informed investing decision on Raghav Productivity

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Raghav Productivity Enhancers stock performance -

mw4me loader
P/E Ratio (SA):
55.29
Market Cap:
1,426.7 Cr.
52-wk low:
432.5
52-wk high:
811

Is Raghav Productivity Enhancers Ltd an attractive stock to invest in?

1. Is Raghav Productivity Enhancers Ltd a good quality company?

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

2. Is Raghav Productivity Enhancers Ltd undervalued or overvalued?

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

3. Is Raghav Productivity Enhancers Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Raghav Productivity Enhancers 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 Raghav Productivity:

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.
Raghav Productivity Enhancers 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 % 6.6%8.6%12.2%12.7%20.7%24.3%22.8%17%20.7%21.2%-
Value Creation
Index
-0.5-0.4-0.1-0.10.50.70.60.20.50.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 21.637.946.342.347.656.466.564.6101138122
Sales YoY Gr.-75.2%22.2%-8.5%12.4%18.6%17.9%-2.8%56%36.8%-
Adj EPS 2.50.511.32.944.74.28.311.311.2
YoY Gr.--78.3%75.9%32.6%131.8%36.6%17%-9.4%97.2%35%-
BVPS (₹) 205.15.89.212.116.120.829.950.258.666.2
Adj Net
Profit
0.50.81.42.55.989.49.218.225.826
Cash Flow from Ops. 3.6-0.67.20.66.76.77.611.38.220.4-
Debt/CF from Ops. 4.3-261.820.81.61.20.800.70-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 22.9%23.7%27.5%36.8%
Adj EPS 18.3%31%34.1%35%
BVPS12.7%37.1%41.3%16.7%
Share Price - 63.1% 78.7% 40.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
13.313.917.918.827.428.225.317.220.821.218
Op. Profit
Mgn %
7.37.810.513.621.323.523.323.124.826.430.3
Net Profit
Mgn %
2.223612.314.214.114.21818.821.2
Debt to
Equity
4.121.50.70.40.20.200.10-
Working Cap
Days
20113812614614515316416520118890
Cash Conv.
Cycle
857972788798105101848173

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 27.50%

Net Profit is growing at healthy rate in last 3 years 34.09%

Return on Equity has declined versus last 3 years average to 18.00%

Sales growth is not so good in last 4 quarters at -9.60%

Latest Financials - Raghav Productivity Enhancers Ltd.

Standalone Consolidated
TTM EPS (₹) 11.2 11
TTM Sales (₹ Cr.) 122 129
BVPS (₹.) 66.2 65.4
Reserves (₹ Cr.) 129 127
P/BV 9.39 9.50
PE 55.29 56.67
From the Market
52 Week Low / High (₹) 432.50 / 811.00
All Time Low / High (₹) 14.11 / 811.00
Market Cap (₹ Cr.) 1,427
Equity (₹ Cr.) 23
Face Value (₹) 10
Industry PE 16.7

Management X-Ray of Raghav Productivity:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Raghav Productivity

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
Sales2238464248566665101138
Operating Expenses 203541373743515076101
Manufacturing Costs0221478899
Material Costs13293630252024232842
Employee Cost 1111123334
Other Costs 632581416163647
Operating Profit 2356101315152536
Operating Profit Margin (%) 7.3%7.8%10.4%13.6%21.3%23.5%23.1%23.1%24.8%26.4%
Other Income 0000000032
Interest 1121121111
Depreciation 0011122223
Exceptional Items 0000000000
Profit Before Tax 112481013122535
Tax 0111223369
Profit After Tax 011368991926
PAT Margin (%) 2.2%2.0%2.9%6.0%12.3%14.3%14.2%14.2%18.4%18.8%
Adjusted EPS (₹)2.50.50.91.32.94.04.74.28.511.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%6%6%4%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 4781924324265109135
Share Capital 035771010111111
Reserves 353111722325498123
Minority Interest0000000000
Debt14131111975000
Long Term Debt5543210000
Short Term Debt9778755000
Trade Payables346444551011
Others Liabilities 22445885146
Total Liabilities 2326303842516075133152

Fixed Assets

Gross Block1101414252734363739
Accumulated Depreciation001235681113
Net Fixed Assets1101312222228282726
CWIP 7007010000
Investments 00000000258
Inventories133457891218
Trade Receivables8121212131621183637
Cash Equivalents 100000013141
Others Assets411224464213
Total Assets 2326303842516075133152

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 4-17177811820
PBT 012481013122535
Adjustment 1122233302
Changes in Working Capital 2-33-5-2-4-6-1-12-9
Tax Paid 000-1-2-2-2-3-5-8
Cash Flow From Investing Activity -6-1-4-7-3-3-5-13-42-14
Capex -6-1-4-7-4-3-6-2-1-2
Net Investments 0000000-6-78
Others 0000001-5-34-20
Cash Flow From Financing Activity 41-37-3-4-2829-7
Net Proceeds from Shares 02070001400
Net Proceeds from Borrowing 0-2-1-3-1-1-1000
Interest Paid -1-1-2-1-1-1-1-1-1-1
Dividend Paid 00000000-1-1
Others 5204-1-1-1-531-6
Net Cash Flow 1-1000007-4-1
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)13.3413.8817.418.8127.428.3525.4317.221.2921.19
ROCE (%)9.4913.4319.4918.8128.1931.4731.4622.7528.1628.54
Asset Turnover Ratio1.181.551.671.261.191.211.21.091.091.08
PAT to CFO Conversion(x)N/A-170.331.170.880.891.220.420.77
Working Capital Days
Receivable Days10595931019596102968786
Inventory Days23212432363939423536
Payable Days47455264597268749592

Raghav Productivity Enhancers Ltd Stock News

Raghav Productivity Enhancers Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Raghav Productivity on 19-Apr-2024 16:01 is ₹623.5.
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 19-Apr-2024 16:01 the market cap of Raghav Productivity stood at ₹1,426.7.
The latest P/E ratio of Raghav Productivity as of 19-Apr-2024 16:01 is 55.29.
The latest P/B ratio of Raghav Productivity as of 19-Apr-2024 16:01 is 9.39.
The 52-week high of Raghav Productivity is ₹811.0 and the 52-week low is ₹432.5.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Raghav Productivity is ₹121.7 ( Cr.) .

About Raghav Productivity Enhancers Ltd

Raghav Productivity Enhancers Ltd., are engaged in offering Ramming Mass Mineral. It is a company that is blindly trusted by customers who require to use its offerings as refractory material in induction furnace. It is a manufacturer, that is greatly acclaimed in the markets for always besting at works. Also, the company’s business operations as an exporter are widely praised by customers across the globe. Since 2009, the company has continuously succeeded at offering premium quality White Silica Sand, Casting Powder, White Ramming Mass, Premixed Ramming Mass, Quartz Silica Ramming Mass, and much more.

As one of the oldest and trusted Ramming Mass manufacturers, it owns a strong infrastructural base. The well-built network and transportation system help it in timely delivery of the products to its customers spread all over the world. The company has a well-managed and well-defined tracking system to keep track of its supplies and that is the reason behind its ability to satisfy its customers.

This was the first manufacturing unit the company developed in Newai & Kaladera of (Rajasthan), which was specialized in manufacturing of Quartz Powder (Ramming mass). The plant company has maintained in Newai is sprawling across 32000 Sq. Mt., and the manufacturing facility of the company in Kaladera is built across 1863 Sq. Mt. Each one of its facility is located in Rich High Quality Quartz Mining area of Rajasthan which aids it in leading the markets by offering premium grade Non-Ferrous Metal Alloys, Dry Neutral Ramming Mass, Dolomite, and much more. 

Business area of the company

The company is engaged in the business to help the global steel sector moderate costs and enhance productivity. This focus is of growing relevance in a capital-intensive sector on the one hand and at a time when weak realisations have affected the viability of this core industry. Also, it is engaged in manufacturing of Ramming Mass and other quartz related products.

Products

Ramming Mass
  • NT 7001: Nali Top Ramming Mass
  • LD 1016: Ladle Ramming Mass
  • Acidic Premix Ramming Mass
  • White Ramming Mass
  • High Quality Ramming Mass
  • Premixed Ramming Mass
  • Acidic Ramming Mass
  • Packed Ramming Mass
  • Silica Ramming Mixes
  • Silica Ramming Mass
  • Neutral Ramming Mass
  • White Premix Ramming Mass
  • Ramming Mass Powder
  • Magnesite Ramming Mass
  • Quartz Ramming Mass
Refractories Products
  • Casting Powder
  • Tundish Board
  • Nozzle Filling Compound Powder
  • Asbestos Sheet
Awards

2017-18
  • ASIA’s Most Trusted Ramming Mass Company, by IBC, USA at a ceremony in Bangkok
  • Rajasthan’s Best Brand Award 2018 by CMO Asia & ABP News
  • FORTI Award for Business Innovation by SAP
  • CE (Certified European) Marked Products
  • Greenguard Compliance Certification, UK
2018-19
  • ‘Rajasthan Udyog Ratan Award’ awarded for the Best Manufacturing Company. Also given a Cash Prize of Rs 1 Lakh by the Government presented by the Minister of State - Shri Gajendra Singh Shekhawat
  • Conferred the Award of ‘India’s Best Ramming Mass Manufacturing Company’ by Berkshire Media USA
  • Conferred the Award of ‘Best SME - Industrial Goods’ by Arracus & Economic Times. The Award was Presented by the Hon’ble Cabinet Minister for Steel, Shri Chaudhary Birender Singh Ji
  • Manufacturing Leadership Award presented by World Quality Congress & Awards
  • India’s Best Company of the Year Award 2018
2019-20
  • Energy Efficiency Award 2019 & Certificate of Recognition for being the world’s largest manufacturer of ramming mass by AIIFA
  • Asia’s Most Trusted Ramming Mass Brand
  • Best SME 2019 Award
  • AIIFA Award presented by Union Minister of Steel Mr. Dharmendra Pradhan
  • Economic Times Best SME 2019 Award presented by Union Minister of Steel Mr. Birender Singh
Milestones
  • 2009: Began with a traditional 12,000 MTPA plant 
  • 2012: Contract manufacturing at 7 different plants manufacturing 25,000 MTPA
  • 2015: Started fully integrated plant with a capacity of 72,000 MTPA
  • 2017: Plant reached full capacity
  • 2018: Converted granules plant to ramming mass, enhancing capacity to 144,000 MTPA
  • 2019: Through brownfield expansion and debottlenecking increased operational capacity to 1,80,000 MTPA
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