Richa Industries Ltd Stock Analysis

BSE: 532766 | NSE: | Textile | Small Cap

BSE Share Price Jan 20, 18:01
5.02 -0.26 (-4.92%)

DeciZen - Make an Informed Decision on Richa industries

M-Cap below 100cr DeciZen not available

FAQ's

1. Is Richa Industries Ltd a good quality company?

Data is not available for this company.

2. Is Richa Industries Ltd undervalued or overvalued?

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

3. Is Richa Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Richa Industries Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Richa industries:

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

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 8.1%13.1%11.2%9%9.4%7.5%-30.7%-68.1%-27.2%-25.6%-
Value Creation Index -0.4-0.1-0.2-0.4-0.3-0.5-3.2NANANA-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 30127027730248050619215642.635.135
YoY Gr. Rt. %--10.6%2.6%9.3%58.8%5.5%-62%-19.1%-72.6%-17.7%-
Adj EPS 3.911.37.13.24.31.3-45.2-62.9-24.5-19.7-19.7
YoY Gr. Rt. %-192.2%-36.5%-54.6%34%-70.3%-3601.6%NANANA-
BVPS (₹) 43.450.747.450.654.255.410.2-63.3-87.7-107.4-107.4
Adj Net Profit 6.51915.97.210.23-106-147-57.3-46.2-46
Cash Flow from Ops. 29.423.727.87.39.541.723.2-31.6-6.50-
Debt/CF from Ops. 6.38.36.52620.94.39.3-8.5-47.70-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales -21.3%-40.8%-43.3%-17.7%
Adj EPS -219.9%-235.4%NANA
BVPS -210.6-214.7-318.90
Share Price -12% -30.2% 26.7% 569.3%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 8.923.916.66.68.52.4-137.4237.832.420.218.4
Op. Profit Mgn % 12.519.316.715.110.28.2-33.1-58.3-25-23.3-110.7
Net Profit Mgn % 2.27.15.82.42.10.6-55-94.7-134.5-131.8-131.8
Debt to Equity 2.52.31.71.71.61.48.9-1.8-1.5-1.4-
Working Cap Days 178236304326239256492338679829421
Cash Conv. Cycle 1481781962211631733592252662570

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 18.40%

Sales growth has been subdued in last 3 years -43.31%

Sales growth is not so good in last 4 quarters at -63.02%

Latest Financials - Richa Industries Ltd.

Standalone Consolidated
TTM EPS (₹) -19.7 -24.5
TTM Sales (₹ Cr.) 35.1 42.6
BVPS (₹.) -107.4 0
Reserves (₹ Cr.) -275 -234
P/BV -0.05 0.00
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 0.54 / 7.12
All Time Low / High (₹) 0.31 / 161.80
Market Cap (₹ Cr.) 12.4
Equity (₹ Cr.) 23.4
Face Value (₹) 10
Industry PE 15.3

Management X-Ray of Richa industries :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *62.6762.6762.6762.6762.6762.6762.6762.6762.6762.67
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

About Richa Industries Ltd

Richa Industries, formerly the Richa Knits Ltd, was established in 1991 under the dynamic leadership of Sushil Gupta with an investment of Rupees 20 lakh to establish a name in the textile industry and play a cardinal role as a quality product and services suppliers.

Richa Knits today is a well established vertically integrated profit making publically listed company.

Richa, after an IPO in 2006, ramped up its manufacturing and production facilities to almost two and half times and currently is one of the largest single company manufacturing facility in Northern India in the segment of dyeing, processing and finishing of fabric and garments.

The company started with single location single product company and today it is a multi location, multi-product company with an established brand name as quality product supplier both domestically and internationally.

The company's management has focused to be most updated on the technology front and has been continuously upgrading their facilities in all segments of the operations. The company’s operations, production, sales and profitability’s all location can be viewed practically on a hourly basis.

With a small employee base of thirty persons to current employee strength of over 1000 was possible due to the excellent human relation and concern for employees well being and their training and development.The company has been socially responsible and has been conducting lot of programmes such as creation of infrastructure, roads, electricity, drainage system etc. for villages in an around the manufacturing facilities of the company. They have also been conducting medical health check up, blood donation camps etc.

The current turnover of the company is over Rs 100 crore and PAT of over Rs 8.5 crore (FY 2007-08)

Business are of the company

Manufacturing of Knitted fabric, Dyeing Processing and finishing of organic cotton and manmade fiber fabric and manufacture of garment for domestic and export markets.

Different divisions of the company:

  • KNITTING
  • PROCESSING
  • GARMENT

Achievements/ recognition:-

Awards:

  • Emerging India Award
  • Udyog Vibhushan
  • Udyog Patra
  • Richa Industries has been awarded FCCI Excellence Award 2008 for Outstanding SME Entrepreneur.
  • Richa has been awarded as 2nd runner up in the category of Textile Apparels under Emerging India Award by CNBC TV 18 ICICI for 2008.

Certificates:

  • ISO Certificate
  • GOTS Certificate
  • OE Certificate
  • Export House Certificate
  • Global Accreditation Program Certificate for Color Lifecycle Management.
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