Rajnish Wellness Ltd
Incorporated in 2015, Mumbai-based Rajnish Wellness Limited is a company engaged in the business of selling various products in categories ranging from consumer durables to ayurvedic personal care products. The Company's major focus area is sexual wellness, energy revitalization, and personal care products.[1]
- Market Cap ₹ 83.0 Cr.
- Current Price ₹ 1.08
- High / Low ₹ 11.2 / 1.02
- Stock P/E 100.0
- Book Value ₹ 1.10
- Dividend Yield 0.00 %
- ROCE 2.16 %
- ROE 1.23 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.98 times its book value
- Company is expected to give good quarter
- Debtor days have improved from 223 to 160 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -8.83%
- Promoter holding is low: 7.41%
- Company has a low return on equity of 1.19% over last 3 years.
- Company has high debtors of 160 days.
- Company's cost of borrowing seems high
* 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: Pharmaceuticals Industry: Pharmaceuticals - Indian - Bulk Drugs & Formln
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 25.22 | 27.50 | 41.67 | 13.75 | 13.34 | 26.44 | 25.72 | 76.68 | 82.32 | |
| 24.03 | 24.20 | 35.15 | 13.61 | 16.51 | 26.63 | 26.83 | 74.69 | 81.00 | |
| Operating Profit | 1.19 | 3.30 | 6.52 | 0.14 | -3.17 | -0.19 | -1.11 | 1.99 | 1.32 |
| OPM % | 4.72% | 12.00% | 15.65% | 1.02% | -23.76% | -0.72% | -4.32% | 2.60% | 1.60% |
| 0.00 | 1.15 | 0.29 | 0.19 | 3.64 | 0.94 | 1.79 | 0.00 | 0.35 | |
| Interest | 0.23 | 0.76 | 0.88 | 0.89 | 0.30 | 0.28 | 0.04 | 0.52 | 0.46 |
| Depreciation | 0.01 | 0.05 | 0.06 | 0.05 | 0.06 | 0.01 | 0.01 | 0.02 | 0.02 |
| Profit before tax | 0.95 | 3.64 | 5.87 | -0.61 | 0.11 | 0.46 | 0.63 | 1.45 | 1.19 |
| Tax % | 32.63% | 32.97% | 27.77% | -1.64% | 18.18% | 15.22% | 26.98% | 28.97% | |
| 0.64 | 2.43 | 4.23 | -0.61 | 0.10 | 0.39 | 0.46 | 1.03 | 0.83 | |
| EPS in Rs | 1.88 | 0.11 | 0.13 | -0.02 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 79% |
| TTM: | 103% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -25% |
| 3 Years: | 118% |
| TTM: | 738% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | -14% |
| 1 Year: | -90% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | 1% |
| Last Year: | 1% |
Balance Sheet
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.05 | 3.41 | 4.67 | 4.67 | 4.67 | 10.52 | 76.85 | 76.85 | 76.85 |
| Reserves | 0.96 | 2.61 | 17.56 | 16.95 | 17.05 | 11.60 | 6.13 | 7.14 | 7.64 |
| 2.74 | 3.81 | 4.66 | 7.71 | 0.00 | 0.00 | 10.18 | 4.92 | 0.30 | |
| 4.63 | 7.77 | 4.82 | 3.81 | 12.81 | 12.99 | 5.74 | 17.35 | 13.12 | |
| Total Liabilities | 8.38 | 17.60 | 31.71 | 33.14 | 34.53 | 35.11 | 98.90 | 106.26 | 97.91 |
| 0.05 | 0.10 | 0.11 | 0.06 | 0.00 | 0.03 | 0.05 | 0.06 | 0.06 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 8.33 | 17.50 | 31.60 | 33.08 | 34.53 | 35.08 | 98.85 | 106.20 | 97.85 | |
| Total Assets | 8.38 | 17.60 | 31.71 | 33.14 | 34.53 | 35.11 | 98.90 | 106.26 | 97.91 |
Cash Flows
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| -1.67 | -3.23 | -8.98 | -6.51 | 0.09 | -0.01 | -62.08 | 1.70 | |
| -0.04 | -0.11 | -0.07 | 0.00 | 0.00 | -0.03 | -0.03 | -0.04 | |
| 1.31 | 3.30 | 10.47 | 5.05 | -0.03 | 0.78 | 61.54 | -1.77 | |
| Net Cash Flow | -0.40 | -0.04 | 1.41 | -1.46 | 0.06 | 0.74 | -0.57 | -0.11 |
Ratios
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 59.34 | 181.70 | 163.97 | 318.28 | 459.67 | 223.64 | 286.52 | 160.22 |
| Inventory Days | 151.87 | 74.91 | 77.48 | 47.93 | 26.57 | 31.95 | 59.23 | 47.64 |
| Days Payable | 120.80 | 145.22 | 27.41 | 55.76 | 50.49 | 17.19 | 55.28 | 77.50 |
| Cash Conversion Cycle | 90.40 | 111.39 | 214.05 | 310.45 | 435.76 | 238.40 | 290.47 | 130.36 |
| Working Capital Days | 50.65 | 125.83 | 219.25 | 758.67 | 791.02 | 406.55 | 448.87 | 310.74 |
| ROCE % | 64.80% | 36.76% | 1.00% | 1.61% | 3.38% | 1.16% | 2.16% |
Documents
Announcements
-
Integrated Filing (Financial)
2h - Board approved unaudited financial results for Q3 2024.
- Un-Audited Financial Results Along With Limited Review Report For The Quarter And Nine-Months Ended December 31, 2024. 2h
-
Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. Wednesday, February 12, 2025.
2h - Board approved unaudited financial results for Q3 2024.
-
Board Meeting Intimation for Approval Of Un-Audited Financial Results For The Quarter And Nine Months Ended December 31, 2024 And Other Matters.
7 Feb - Board meeting to approve Q3 financial results.
-
Announcement Under Regulation 30 (LODR) - New Medical Update
15 Jan - Opening of new Dava Discount franchise in Guwahati.
History[1] Rajnish Wellness is the extension and expansion of Rajnish Hot Deal Pvt Ltd. Co. started as a small teleshopping venture with the name- Quick Service (QS) Advertising in 2009 and has grown into a brand in ayurvedic product industry dedicated to people’s personal and sexual wellness.