Shree Rajivlochan Oil Extraction Ltd

Shree Rajivlochan Oil Extraction Ltd

₹ 59.5 -5.00%
20 Dec - close price
About

Incorporated in1994, Shree Rajiv Lochan
Oil Extraction Ltd is in the business of Rice
Bran oil and Rice bran extraction[1]

Key Points

Operational Status:[1][2]
Company manufactures decoiled cake, rice bran, and does solvent extraction of rice bran with an installed capacity of 100 TPD at its factory site at Urla Raipur. However, their operations are closed due to continued sluggish market and other unfavourable conditions. The management is considering various options for restarting their activities

  • Market Cap 24.4 Cr.
  • Current Price 59.5
  • High / Low 97.9 / 26.9
  • Stock P/E
  • Book Value 11.9
  • Dividend Yield 0.00 %
  • ROCE 1.88 %
  • ROE 1.56 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 5.01 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Promoter holding is low: 20.4%
  • Company has a low return on equity of 1.25% over last 3 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: Edible Oil Industry: Solvent Extraction

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Quarterly Results

Figures in Rs. Crores

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
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.02 0.02 0.04 0.06 0.04 0.02 0.00 0.06 0.02 0.02 0.05 0.05 0.36
Operating Profit -0.02 -0.02 -0.04 -0.06 -0.04 -0.02 0.00 -0.06 -0.02 -0.02 -0.05 -0.05 -0.36
OPM %
0.05 0.04 0.06 0.07 0.05 0.03 0.04 0.06 0.03 0.03 0.13 0.05 0.11
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.03 0.02 0.02 0.01 0.01 0.01 0.04 0.00 0.01 0.01 0.08 0.00 -0.25
Tax % 33.33% 50.00% 50.00% 0.00% 0.00% 0.00% 25.00% 0.00% 100.00% 25.00% 0.00%
0.02 0.02 0.02 0.01 0.00 0.01 0.03 0.00 0.01 0.00 0.06 0.00 -0.25
EPS in Rs 0.05 0.05 0.05 0.02 0.00 0.02 0.07 0.00 0.02 0.00 0.15 0.00 -0.61
Raw PDF

Profit & Loss

Figures in Rs. Crores

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
0.00 0.08 -0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.04 0.16 0.08 0.08 0.10 0.09 0.09 0.08 0.10 0.11 0.13 0.15 0.48
Operating Profit -0.04 -0.08 -0.10 -0.08 -0.10 -0.09 -0.09 -0.08 -0.10 -0.11 -0.13 -0.15 -0.48
OPM % -100.00%
0.03 1.43 0.15 0.19 0.17 0.12 0.23 0.15 0.17 0.19 0.19 0.25 0.32
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.03 0.03 0.03 0.02 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -0.04 1.32 0.02 0.09 0.06 0.02 0.13 0.07 0.07 0.08 0.06 0.10 -0.16
Tax % 0.00% 0.00% 50.00% 33.33% 83.33% 50.00% 23.08% 28.57% 28.57% 25.00% 33.33% 30.00%
-0.03 1.32 0.02 0.06 0.01 0.02 0.09 0.05 0.05 0.06 0.05 0.08 -0.19
EPS in Rs -0.07 3.23 0.05 0.15 0.02 0.05 0.22 0.12 0.12 0.15 0.12 0.20 -0.46
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: -24%
5 Years: 32%
3 Years: 17%
TTM: -480%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: 1%
5 Years: 1%
3 Years: 1%
Last Year: 2%

Balance Sheet

Figures in Rs. Crores

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 3.02 3.02 3.02 3.02 3.02 3.02 3.02 3.02 3.02 3.02 3.02 3.02 3.02
Reserves 0.34 1.67 1.68 1.74 1.76 1.77 1.87 1.91 1.97 2.04 2.08 2.16 1.84
0.27 0.02 0.00 0.00 0.00 0.00 0.00 0.01 0.31 0.32 0.34 0.03 0.35
0.00 -0.01 0.11 0.12 0.11 0.11 0.14 0.13 0.12 0.12 0.11 0.05 0.05
Total Liabilities 3.63 4.70 4.81 4.88 4.89 4.90 5.03 5.07 5.42 5.50 5.55 5.26 5.26
0.29 0.26 0.19 0.17 0.17 0.16 0.00 0.00 0.00 0.00 0.00 0.00 0.00
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 1.33 1.33 1.33 1.33 1.33 1.33 1.33 1.33 1.33 1.33 1.33 1.33 1.33
2.01 3.11 3.29 3.38 3.39 3.41 3.70 3.74 4.09 4.17 4.22 3.93 3.93
Total Assets 3.63 4.70 4.81 4.88 4.89 4.90 5.03 5.07 5.42 5.50 5.55 5.26 5.26

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.00 0.00 0.21 1.49 -0.77 -0.80 0.52 0.78 -0.53 -0.46
0.00 0.00 0.00 0.00 0.15 0.00 0.00 0.00 -0.02 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00
Net Cash Flow 0.00 0.00 0.21 1.49 -0.62 -0.80 0.52 0.79 -0.54 -0.46

Ratios

Figures in Rs. Crores

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 2,053.12 -8,212.50
Inventory Days 0.00 0.00
Days Payable
Cash Conversion Cycle 2,053.12 -8,212.50
Working Capital Days 7,482.50 53,472.50
ROCE % -1.14% 31.65% 0.43% 1.90% 1.26% 0.42% -0.62% 1.42% 1.37% 1.50% 1.11% 1.88%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
20.36% 20.36% 20.36% 20.36% 20.36% 20.36% 20.36% 20.36% 20.36% 20.36% 20.36% 20.36%
79.64% 79.64% 79.64% 79.64% 79.64% 79.63% 79.63% 79.63% 79.63% 79.63% 79.63% 79.63%
No. of Shareholders 1,3681,3681,3681,3681,3671,3681,3681,3681,3701,3701,3701,370

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