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 ₹ 138 Cr.
- Current Price ₹ 1.80
- High / Low ₹ 14.7 / 1.76
- Stock P/E 167
- 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.
- 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 is low: 16.2%
- 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
- Promoter holding has decreased over last 3 years: -53.3%
* 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: | 22% |
| 3 Years: | 5% |
| 1 Year: | -82% |
| 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
-
Announcement Under Regulation 30 Of LODR, Turning Down Offer Acquisition Offer From Python Chemical Company Limited.
5 Nov - Declined acquisition offer to focus on independent growth.
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 30 Oct
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 28 Oct
-
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
25 Oct - Disclosure under SEBI regulations for share acquisition.
-
Announcement Under Regulation 30 (LODR) - Repayment Of Cash Credit (CC) Amount From SBI
25 Oct - Rajnish Wellness cleared Cash Credit from SBI.
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.