Desh Rakshak Aushdhalaya Ltd

Desh Rakshak Aushdhalaya Ltd

₹ 28.4 4.99%
16 Apr - close price
About

Incorporated in 1901, Desh Rakshak Aushdhalaya Ltd manufactures Ayurvedic and Herbal Products[1]

Key Points

Business Overview:[1][2]
DRAL is the flagship company of Bhagwant Group and one of the oldest manufacturers of Pure Ayurvedic and Herbal Products. It has a wide range of ethical medicines that are derived from herbs and form part of this holistic healthcare system. The medicines are categorized into Proprietary & Classical Medicines. The company is currently manufacturing around 450 products which are GMP certified.

  • Market Cap 12.6 Cr.
  • Current Price 28.4
  • High / Low 34.3 / 7.65
  • Stock P/E 24.3
  • Book Value 21.8
  • Dividend Yield 0.00 %
  • ROCE 6.83 %
  • ROE 4.62 %
  • Face Value 10.0

Pros

  • Company's working capital requirements have reduced from 141 days to 109 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 1.55% over past five years.
  • Company has a low return on equity of 4.97% over last 3 years.
  • Company has high debtors of 315 days.

* 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.

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Quarterly Results

Figures in Rs. Crores

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
1.57 1.95 1.30 0.77 2.47 1.65 1.11 0.84 1.58 2.49 1.08 1.19 1.88
1.32 1.40 1.04 0.56 2.05 1.19 0.87 0.52 1.27 2.07 0.81 0.85 1.59
Operating Profit 0.25 0.55 0.26 0.21 0.42 0.46 0.24 0.32 0.31 0.42 0.27 0.34 0.29
OPM % 15.92% 28.21% 20.00% 27.27% 17.00% 27.88% 21.62% 38.10% 19.62% 16.87% 25.00% 28.57% 15.43%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.04 0.00 0.00 0.00 0.02
Interest 0.02 0.14 0.08 0.10 0.11 0.12 0.05 0.12 0.11 0.07 0.07 0.08 0.08
Depreciation 0.07 0.20 0.10 0.10 0.10 0.14 0.11 0.11 0.11 0.11 0.11 0.11 0.11
Profit before tax 0.16 0.21 0.08 0.01 0.21 0.20 0.08 0.09 0.13 0.24 0.09 0.15 0.12
Tax % 0.00% 42.86% 0.00% 0.00% 0.00% 40.00% 0.00% 0.00% 0.00% 33.33% 0.00% 0.00% 0.00%
0.17 0.13 0.08 0.01 0.21 0.12 0.08 0.09 0.13 0.16 0.09 0.15 0.12
EPS in Rs 0.38 0.29 0.18 0.02 0.47 0.27 0.18 0.20 0.29 0.36 0.20 0.34 0.27
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
3.82 3.97 4.44 4.98 5.05 5.05 5.51 5.06 6.56 6.14 6.13 5.95 6.64
3.58 3.39 3.79 4.26 4.39 4.34 4.73 4.27 5.61 4.94 4.74 4.66 5.32
Operating Profit 0.24 0.58 0.65 0.72 0.66 0.71 0.78 0.79 0.95 1.20 1.39 1.29 1.32
OPM % 6.28% 14.61% 14.64% 14.46% 13.07% 14.06% 14.16% 15.61% 14.48% 19.54% 22.68% 21.68% 19.88%
0.00 0.01 0.00 0.01 0.01 0.01 0.01 0.01 0.02 0.01 -0.05 0.02 0.02
Interest 0.05 0.08 0.12 0.11 0.11 0.13 0.13 0.16 0.16 0.24 0.42 0.37 0.30
Depreciation 0.16 0.39 0.45 0.24 0.22 0.24 0.25 0.27 0.26 0.40 0.44 0.44 0.44
Profit before tax 0.03 0.12 0.08 0.38 0.34 0.35 0.41 0.37 0.55 0.57 0.48 0.50 0.60
Tax % 133.33% 41.67% 75.00% 23.68% 17.65% 20.00% 19.51% 18.92% 23.64% 15.79% 14.58% 16.00%
0.00 0.07 0.02 0.29 0.28 0.28 0.34 0.30 0.42 0.48 0.41 0.43 0.52
EPS in Rs 0.00 0.16 0.05 0.65 0.63 0.63 0.77 0.68 0.95 1.08 0.92 0.97 1.17
Dividend Payout % 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: 4%
5 Years: 2%
3 Years: -3%
TTM: 28%
Compounded Profit Growth
10 Years: 20%
5 Years: 5%
3 Years: 1%
TTM: 24%
Stock Price CAGR
10 Years: 12%
5 Years: %
3 Years: 88%
1 Year: 290%
Return on Equity
10 Years: 4%
5 Years: 5%
3 Years: 5%
Last Year: 5%

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 4.66 4.66 4.66 4.66 4.66 4.66 4.66 4.66 4.66 4.66 4.66 4.66 4.66
Reserves 2.06 2.13 2.15 2.46 2.74 3.02 3.45 3.72 4.14 4.62 4.47 4.82 5.03
0.93 0.99 1.06 1.47 0.69 0.96 1.23 2.03 2.90 4.31 4.10 2.78 3.38
1.65 1.55 1.71 1.49 2.07 2.16 2.01 1.91 2.87 2.53 2.51 4.06 3.59
Total Liabilities 9.30 9.33 9.58 10.08 10.16 10.80 11.35 12.32 14.57 16.12 15.74 16.32 16.66
3.61 3.61 3.69 3.75 3.87 3.93 4.39 5.38 6.49 7.82 8.07 7.68 7.48
CWIP 1.35 1.35 1.35 2.37 2.37 2.37 2.37 2.37 2.37 2.37 2.37 2.37 2.37
Investments 0.18 0.18 0.12 0.12 0.12 0.12 0.12 0.12 0.05 0.05 0.05 0.05 0.05
4.16 4.19 4.42 3.84 3.80 4.38 4.47 4.45 5.66 5.88 5.25 6.22 6.76
Total Assets 9.30 9.33 9.58 10.08 10.16 10.80 11.35 12.32 14.57 16.12 15.74 16.32 16.66

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
0.18 0.46 0.27 1.27 0.23 -0.15 -0.55 0.59 0.84 0.23 0.45 1.52
-0.02 -0.33 -0.45 -0.66 -0.76 0.04 0.42 -1.27 -1.26 -1.95 -0.78 -0.09
0.00 0.00 0.00 0.00 0.00 0.07 0.00 0.74 0.80 1.35 0.15 -1.34
Net Cash Flow 0.16 0.13 -0.18 0.61 -0.53 -0.04 -0.12 0.06 0.37 -0.36 -0.18 0.09

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 191.10 117.68 127.42 125.33 146.72 179.25 196.08 221.45 214.77 236.00 216.74 314.70
Inventory Days 111.22 225.14 215.33 160.82 191.55 193.41 120.33 123.23 72.16 117.52 107.51 43.45
Days Payable 241.24 250.72 247.41 195.79 242.83 257.39 219.27 249.57 270.87 315.23 301.29 551.85
Cash Conversion Cycle 61.08 92.10 95.35 90.37 95.44 115.26 97.14 95.11 16.06 38.29 22.96 -193.70
Working Capital Days 211.16 202.27 203.05 109.94 117.81 148.89 153.02 162.30 117.40 164.07 149.45 108.58
ROCE % 1.06% 2.59% 2.56% 5.95% 5.40% 5.74% 6.01% 5.37% 6.42% 6.41% 7.08% 6.83%

Shareholding Pattern

Numbers in percentages

Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
64.28% 64.28% 64.28% 64.28% 64.28% 64.28% 64.28% 64.28% 64.28% 64.28% 64.28% 64.28%
35.72% 35.72% 35.71% 35.71% 35.71% 35.71% 35.71% 35.71% 35.71% 35.71% 35.71% 35.71%
No. of Shareholders 2,3572,3562,3552,3552,3542,3552,3552,3532,3522,3512,3492,345

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