Real Strips Ltd
Real Strips Ltd is primarily engaged in the business of manufacturing and Job-work of Cold rolled stainless strips/coils. [1]
- Market Cap ₹ 5.14 Cr.
- Current Price ₹ 8.60
- High / Low ₹ /
- Stock P/E
- Book Value ₹ -37.1
- Dividend Yield 0.00 %
- ROCE -9.11 %
- ROE %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Debtor days have improved from 48.2 to 27.3 days.
- Company's working capital requirements have reduced from 48.2 days to 24.0 days
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -8.64% over past five years.
* 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: Steel Industry: Steel - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
228 | 286 | 326 | 331 | 323 | 342 | 192 | 108 | 131 | 129 | 100 | 122 | 173 | |
208 | 266 | 306 | 312 | 301 | 334 | 197 | 128 | 180 | 110 | 83 | 125 | 179 | |
Operating Profit | 20 | 20 | 20 | 19 | 22 | 8 | -5 | -20 | -49 | 19 | 16 | -3 | -6 |
OPM % | 9% | 7% | 6% | 6% | 7% | 2% | -2% | -19% | -38% | 15% | 16% | -2% | -3% |
0 | 2 | 3 | 5 | 1 | 3 | -22 | 5 | 3 | 29 | 3 | 3 | 1 | |
Interest | 7 | 8 | 10 | 12 | 14 | 11 | 12 | 8 | 0 | 7 | 9 | 10 | 2 |
Depreciation | 6 | 6 | 7 | 8 | 6 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Profit before tax | 7 | 8 | 7 | 4 | 2 | -4 | -43 | -28 | -51 | 38 | 6 | -13 | -11 |
Tax % | 12% | 16% | 24% | 18% | 3% | 13% | 2% | 0% | 0% | -12% | 20% | 4% | |
6 | 7 | 5 | 4 | 2 | -5 | -44 | -28 | -51 | 42 | 5 | -14 | -11 | |
EPS in Rs | 12.59 | 10.95 | 8.29 | 6.17 | 3.86 | -8.23 | -73.01 | -46.20 | -84.72 | 70.57 | 7.78 | -23.41 | -19.10 |
Dividend Payout % | 8% | 9% | 12% | 13% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -8% |
5 Years: | -9% |
3 Years: | -2% |
TTM: | 61% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | 19% |
TTM: | -1686% |
Stock Price CAGR | |
---|---|
10 Years: | -10% |
5 Years: | 11% |
3 Years: | -14% |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
Reserves | 25 | 34 | 38 | 41 | 43 | 38 | -5 | -33 | -83 | -21 | -17 | -31 |
60 | 110 | 129 | 152 | 174 | 128 | 120 | 112 | 106 | 77 | 77 | 77 | |
42 | 19 | 14 | 14 | 33 | 47 | 51 | 51 | 56 | 14 | 27 | 30 | |
Total Liabilities | 132 | 168 | 187 | 213 | 256 | 219 | 172 | 136 | 85 | 76 | 94 | 82 |
36 | 34 | 47 | 51 | 52 | 50 | 53 | 50 | 48 | 45 | 42 | 40 | |
CWIP | 0 | 12 | 0 | 2 | 0 | 5 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
95 | 122 | 140 | 160 | 204 | 163 | 119 | 86 | 37 | 31 | 51 | 42 | |
Total Assets | 132 | 168 | 187 | 213 | 256 | 219 | 172 | 136 | 85 | 76 | 94 | 82 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-8 | -30 | -0 | 4 | -2 | 49 | 7 | 12 | 6 | 16 | 3 | 1 | |
-3 | -16 | -8 | -14 | -5 | -7 | -2 | -0 | -1 | -2 | -1 | 2 | |
11 | 48 | 8 | 10 | 8 | -42 | -5 | -11 | -4 | -15 | -2 | -1 | |
Net Cash Flow | -0 | 2 | 0 | 0 | 1 | -1 | 0 | -0 | 1 | -1 | 0 | 2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 71 | 99 | 106 | 113 | 145 | 118 | 161 | 212 | 46 | 36 | 81 | 27 |
Inventory Days | 88 | 57 | 51 | 54 | 79 | 50 | 56 | 71 | 36 | 42 | 82 | 69 |
Days Payable | 75 | 19 | 8 | 5 | 34 | 48 | 68 | 163 | 197 | 62 | 122 | 55 |
Cash Conversion Cycle | 84 | 136 | 149 | 161 | 190 | 120 | 148 | 121 | -115 | 16 | 42 | 41 |
Working Capital Days | 86 | 128 | 139 | 158 | 186 | 123 | 156 | 173 | -47 | 42 | 79 | 24 |
ROCE % | 18% | 14% | 11% | 8% | 8% | 4% | -6% | -23% | -89% | 42% | 24% | -9% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Apr 2022 - The securities received from the depository participants for dematerialization during the quarter ended MARCH 31, 2022 , were confirmed (accepted / rejected) to the depositories …
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Statement Of Investor Complaints For The Quarter Ended March 2022
5 Apr 2022 - No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter …
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Corporate Insolvency Resolution Process (CIRP)-Approval of Resolution plan by Tribunal
24 Feb 2022 - An application under Rule 154 and 11 of the National Company Law Tribunal Rules, 2016 for seeking rectification in the order of Tribunal dated 04.01.2022 …
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Feb 2022 - Unaudited Financial Results for the quarter/nine month ended December 31, 2021 published in Free press (English) & Lokmitra (Gujarati) newspaper on dated 13th February, 2022. …
- Unaudited Quarterly Financial Results Of The Real Strips Limited ("The Company) For The Quarter Ended On 31St December, 2021 12 Feb 2022
Annual reports
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Product Application
The stainless steel strips and coils manufactured by the company cater to the needs of various Industrial/ Commercial segments. These are used in Automobiles, Food & Dairy Industries, Sugar Industries, Watch Industries, Pipes & Tubes Industries, Utensils, Furniture, Architectural Utilities, Thermowares, etc. [1]