Royal India Corporation Ltd

Royal India Corporation Ltd

₹ 25.4 0.80%
22 Nov - close price
About

Incorporated in 1984, Royal India Corporation Ltd is engaged in wholesale trading of gold and gold related products.

Key Points

Services Offered:[1]
Company is engaged in trading of gold bullion, plain gold jewelry, gold coins, medallions, etc. Company also plans to enter into manufacturing and exporting of gold jewelry.

  • Market Cap 278 Cr.
  • Current Price 25.4
  • High / Low 56.1 / 3.00
  • Stock P/E
  • Book Value 5.88
  • Dividend Yield 0.00 %
  • ROCE -3.55 %
  • ROE %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Promoter holding has increased by 4.74% over last quarter.

Cons

  • Stock is trading at 4.31 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding is low: 38.0%
  • Company might be capitalizing the interest cost
  • Company has high debtors of 994 days.
  • Promoter holding has decreased over last 3 years: -7.92%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Trading Industry: Trading

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
0.67 0.02 1.07 0.03 0.03 29.49 7.97 13.10 5.89 9.86 0.00 11.35 79.89
0.71 0.11 1.94 0.52 0.36 21.26 12.81 10.62 4.64 10.61 5.42 8.61 77.32
Operating Profit -0.04 -0.09 -0.87 -0.49 -0.33 8.23 -4.84 2.48 1.25 -0.75 -5.42 2.74 2.57
OPM % -5.97% -450.00% -81.31% -1,633.33% -1,100.00% 27.91% -60.73% 18.93% 21.22% -7.61% 24.14% 3.22%
0.10 0.10 0.10 0.10 0.10 0.15 0.93 0.40 0.41 0.32 -2.83 0.25 0.32
Interest 3.23 3.30 3.27 3.48 3.51 3.43 0.23 3.21 3.22 3.31 -4.84 3.36 2.67
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.01 0.01 0.00 0.00 0.00
Profit before tax -3.17 -3.29 -4.04 -3.87 -3.74 4.95 -4.15 -0.34 -1.57 -3.75 -3.41 -0.37 0.22
Tax % 0.00% 0.00% -141.09% 0.00% 0.00% 0.00% -74.70% 0.00% 0.00% 0.00% -24.34% 0.00% 0.00%
-3.17 -3.29 1.65 -3.88 -3.74 4.94 -1.05 -0.34 -1.57 -3.74 -2.58 -0.38 0.21
EPS in Rs -1.37 -1.43 0.71 -1.68 -1.62 2.14 -0.45 -0.15 -0.68 -1.62 -1.12 -0.03 0.02
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
110 132 162 184 284 102 126 201 2 2 37 29 101
110 131 162 183 285 102 127 209 2 3 35 31 102
Operating Profit 0 0 0 1 -1 -1 -1 -8 0 -1 3 -2 -1
OPM % 0% 0% 0% 0% -0% -1% -1% -4% 8% -62% 7% -8% -1%
0 0 0 0 3 0 1 0 0 0 1 -2 -2
Interest 0 0 0 0 1 9 9 11 12 13 11 5 4
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 0 0 0 1 1 -10 -9 -18 -11 -14 -7 -9 -7
Tax % 20% 0% 37% 39% 55% -28% -30% -17% -31% -42% -45% -9%
0 0 0 0 0 -7 -6 -15 -8 -8 -4 -8 -6
EPS in Rs 0.02 0.06 0.10 0.19 0.16 -3.01 -2.61 -6.60 -3.35 -3.45 -1.61 -3.57 -2.75
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -14%
5 Years: -26%
3 Years: 137%
TTM: 79%
Compounded Profit Growth
10 Years: %
5 Years: -9%
3 Years: -2%
TTM: -428%
Stock Price CAGR
10 Years: 21%
5 Years: 77%
3 Years: 80%
1 Year: 666%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 23 23 23 23 23 23 23 23 23 23 23 23 109
Reserves 14 14 14 14 11 4 -2 -17 -25 -33 -37 -45 -45
0 6 5 5 44 87 96 108 119 132 137 132 103
56 17 10 55 145 201 221 32 31 31 41 41 43
Total Liabilities 93 59 52 97 224 315 339 146 149 153 165 152 211
0 0 0 0 0 0 0 0 0 0 0 0 0
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
92 59 52 97 224 315 339 146 148 153 164 152 210
Total Assets 93 59 52 97 224 315 339 146 149 153 165 152 211

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-10 -7 7 -2 -35 -38 -14 -10 -11 -11 -1 -2
0 0 -0 0 -0 -2 -1 0 0 -0 -12 7
10 7 -6 0 35 41 14 10 11 12 14 -5
Net Cash Flow 0 0 2 -2 0 2 -1 1 -0 0 -0 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 266 136 89 183 236 843 757 129 11,944 14,256 829 994
Inventory Days 29 25 0 2 16 213 164 110 55,255 548 545
Days Payable 183 46 22 108 186 616 645 59 29,050 420 425
Cash Conversion Cycle 112 114 66 78 66 440 275 180 11,944 40,461 957 1,114
Working Capital Days 113 114 88 82 99 382 312 182 16,989 20,327 837 991
ROCE % 0% 0% 1% 2% 4% -0% 0% -7% 0% -1% 3% -4%

Shareholding Pattern

Numbers in percentages

4 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
45.92% 45.92% 45.92% 45.91% 45.91% 45.91% 45.91% 45.91% 45.91% 45.91% 33.25% 38.00%
54.08% 54.08% 54.08% 54.09% 54.10% 54.08% 54.08% 54.08% 54.09% 54.09% 66.75% 62.01%
No. of Shareholders 3,7994,8705,5955,8615,9535,8365,6065,9066,0585,8855,7876,368

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