Rajeshwari Cans Ltd - Stock Valuation and Financial Performance

BSE: 543285 | NSE: | Packaging | Small Cap

Rajeshwari Cans Share Price

123.30 5.80 4.94%
as on 28-Mar'24 16:01

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Rajeshwari Cans stock performance -

mw4me loader
P/E Ratio (SA):
60.75
Market Cap:
64.7 Cr.
52-wk low:
105
52-wk high:
202

Is Rajeshwari Cans Ltd an attractive stock to invest in?

1. Is Rajeshwari Cans Ltd a good quality company?

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

2. Is Rajeshwari Cans Ltd undervalued or overvalued?

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

3. Is Rajeshwari Cans Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Rajeshwari Cans 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 Rajeshwari Cans:

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.
Rajeshwari Cans 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'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 7.9%7.4%6.7%6%10.6%-
Value Creation
Index
-0.4-0.5-0.5-0.6-0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 21.322.119.825.232.733
Sales YoY Gr.-3.6%-10.6%27.3%29.8%-
Adj EPS 0.80.90.70.722
YoY Gr.-6%-24.7%9%179.5%-
BVPS (₹) 10.811.711.714.616.616.6
Adj Net
Profit
0.20.20.20.41.11
Cash Flow from Ops. 0.50.61-1.83.3-
Debt/CF from Ops. 12.410.96.4-3.71.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA13.9%29.8%
Adj EPS NANA31.9%179.5%
BVPSNANA12.3%13.9%
Share Price - - - -29.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
7.87.97.36.713.112.2
Op. Profit
Mgn %
87.37.76.58.4NAN
Net Profit
Mgn %
0.70.81.11.53.33.3
Debt to
Equity
3.22.91.70.90.6-
Working Cap
Days
01321531621330
Cash Conv.
Cycle
0494561570

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 12.20%

Sales growth is growing at healthy rate in last 3 years 13.91%

Net Profit is growing at healthy rate in last 3 years 31.85%

Debt to equity has declined versus last 3 years average to 0.59

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Rajeshwari Cans Ltd.

Standalone Consolidated
TTM EPS (₹) 2 -
TTM Sales (₹ Cr.) 32.7 -
BVPS (₹.) 16.6 -
Reserves (₹ Cr.) 3 -
P/BV 7.42 -
PE 60.75 -
From the Market
52 Week Low / High (₹) 105.00 / 202.00
All Time Low / High (₹) 17.00 / 202.00
Market Cap (₹ Cr.) 64.7
Equity (₹ Cr.) 5.3
Face Value (₹) 10
Industry PE 17.2

Management X-Ray of Rajeshwari Cans:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Rajeshwari Cans

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23
Sales21.3222.0919.7625.1532.65
Operating Expenses 19.6120.4718.2323.5129.92
Manufacturing Costs1.803.132.452.773.70
Material Costs14.1713.1111.7216.6021.26
Employee Cost 2.863.423.323.514.18
Other Costs 0.780.810.750.630.78
Operating Profit 1.711.611.521.642.73
Operating Profit Margin (%) 8.0%7.3%7.7%6.5%8.4%
Other Income 00.010.100.090.01
Interest 0.740.660.590.500.62
Depreciation 0.740.700.730.700.61
Exceptional Items 00000
Profit Before Tax 0.240.260.310.521.52
Tax 0.080.090.090.140.45
Profit After Tax 0.160.170.220.381.06
PAT Margin (%) 0.7%0.8%1.1%1.5%3.3%
Adjusted EPS (₹)0.80.90.70.72.0
Dividend Payout Ratio (%)0%0%0%34%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 2.032.193.777.658.71
Share Capital 1.871.873.235.255.25
Reserves 0.160.320.542.403.47
Minority Interest00000
Debt6.125.875.956.074.54
Long Term Debt2.643.713.853.033.55
Short Term Debt3.482.162.103.041
Trade Payables4.193.674.934.234.70
Others Liabilities 0.800.540.570.931.13
Total Liabilities 13.1412.2715.2218.8719.09

Fixed Assets

Gross Block5.123.977.577.8310.24
Accumulated Depreciation0.7402.172.863.46
Net Fixed Assets4.383.975.404.966.78
CWIP 00.22001.27
Investments 00000
Inventories4.332.174.026.727.15
Trade Receivables3.624.103.533.612.40
Cash Equivalents 0.180.660.640.730.36
Others Assets0.631.161.622.851.13
Total Assets 13.1412.2715.2218.8719.09

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0.520.581-1.833.34
PBT 0.240.260.310.521.52
Adjustment 1.431.361.321.201.15
Changes in Working Capital -1.12-0.92-0.53-3.41.12
Tax Paid -0.02-0.12-0.09-0.15-0.45
Cash Flow From Investing Activity -0.76-0.52-1.94-0.26-3.70
Capex -0.76-0.52-1.94-0.26-2.43
Net Investments 00000
Others 0000-1.27
Cash Flow From Financing Activity -0.330.420.922.17-0.02
Net Proceeds from Shares -0.1101.362.020
Net Proceeds from Borrowing -0.161.080.15-0.820.52
Interest Paid -0.70-0.65-0.59-0.50-0.54
Dividend Paid 000-0.130
Others 0.64001.610
Net Cash Flow -0.570.48-0.020.09-0.37
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)7.777.867.256.6613.02
ROCE (%)11.4410.799.68.3715.12
Asset Turnover Ratio1.621.741.441.481.72
PAT to CFO Conversion(x)3.253.414.55-4.823.15
Working Capital Days
Receivable Days6264705234
Inventory Days7454577878
Payable Days10810913410177

Rajeshwari Cans Ltd Stock News

Rajeshwari Cans Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Rajeshwari Cans on 28-Mar-2024 16:01 is ₹123.3.
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 28-Mar-2024 16:01 the market cap of Rajeshwari Cans stood at ₹64.68.
The latest P/E ratio of Rajeshwari Cans as of 28-Mar-2024 16:01 is 60.75.
The latest P/B ratio of Rajeshwari Cans as of 28-Mar-2024 16:01 is 7.42.
The 52-week high of Rajeshwari Cans is ₹202.0 and the 52-week low is ₹105.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Rajeshwari Cans is ₹32.65 ( Cr.) .

About Rajeshwari Cans Ltd

Rajeshwari Cans is engaged in the business of manufacturing round printed tin containers of various sizes which are used as packing material. It supplies the tin containers to its customers engaged in the business of tobacco manufacturing and paint manufacturing. The company also performs printing work on tin sheets supplied by its customers. For Expansion, the company purchased the premises at Shree Ganesh Industrial Estate for manufacturing printed round tin containers of 50 gm which is used by snuff manufacturers. The company is enhancing product range as well as client base so the dependency on single customer for sale can be avoided.

The company carry on all of its manufacturing activities at factory situated at Mahagujarat Industrial Estate and Shree Ganesh Industrial Estate and there are no substantial dependence external sources for manufacturing of printed round tin containers. Further, all other utilities like fuel, power and human resources have posed no hurdle till date. The company has adopted labour friendly approach by providing residential accommodation in the factory premises and production linked remuneration policy apart from fixed salary to increase the operational efficiency. This has provided boost to the employee to work hard to get more output of the product which ultimately provide more remuneration to them and also due of the residential accommodation in the factory premises the absenteeism of labour is minimized and resulted into increased productions.

Business area of the company

At present, the company is manufacturing the printed round tin containers of different capacity ranging from 50 gm to 500 gm for single customer to be used for packing tobacco. Apart from Manufacturing the Tins, the company also carry out color printing on the sheets as per specifications provided by the customers. The company also does print job on the empty tins as per the specifications provided by the customers. The ink required for printing must have good adhesion and mechanical properties.

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