Retina Paints Ltd
Incorporated in 2010, Retina Paints Limited is engaged in manufacturing of Decorative Paints like Distempers, Wall Care Products, Primers, Emulsions, etc.[1]
- Market Cap ₹ 114 Cr.
- Current Price ₹ 82.1
- High / Low ₹ 87.5 / 39.0
- Stock P/E 155
- Book Value ₹ 15.8
- Dividend Yield 0.00 %
- ROCE 10.3 %
- ROE 5.93 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 5.21 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 5.56% over last 3 years.
- Earnings include an other income of Rs.5.67 Cr.
* 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: Paints/Varnish Industry: Paints / Varnishes
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
6.04 | 6.13 | 6.56 | 10.04 | 11.66 | |
5.69 | 5.62 | 5.98 | 9.22 | 15.31 | |
Operating Profit | 0.35 | 0.51 | 0.58 | 0.82 | -3.65 |
OPM % | 5.79% | 8.32% | 8.84% | 8.17% | -31.30% |
-0.02 | 0.00 | 0.09 | 0.30 | 5.67 | |
Interest | 0.18 | 0.36 | 0.34 | 0.40 | 0.69 |
Depreciation | 0.07 | 0.06 | 0.10 | 0.31 | 0.30 |
Profit before tax | 0.08 | 0.09 | 0.23 | 0.41 | 1.03 |
Tax % | 37.50% | 44.44% | 34.78% | 26.83% | 29.13% |
0.05 | 0.05 | 0.16 | 0.30 | 0.74 | |
EPS in Rs | 0.69 | 0.69 | 0.86 | 0.29 | 0.53 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 24% |
TTM: | 16% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 146% |
TTM: | 147% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 104% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 6% |
Last Year: | 6% |
Balance Sheet
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Equity Capital | 0.72 | 0.72 | 1.85 | 10.24 | 13.94 |
Reserves | 0.19 | 0.23 | 0.52 | 2.24 | 8.16 |
3.19 | 6.14 | 5.88 | 4.29 | 6.45 | |
2.60 | 2.77 | 3.37 | 3.30 | 5.77 | |
Total Liabilities | 6.70 | 9.86 | 11.62 | 20.07 | 34.32 |
0.27 | 0.50 | 1.85 | 9.57 | 11.52 | |
CWIP | 0.22 | 2.54 | 1.88 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
6.21 | 6.82 | 7.89 | 10.50 | 22.80 | |
Total Assets | 6.70 | 9.86 | 11.62 | 20.07 | 34.32 |
Cash Flows
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
-1.45 | -2.51 | -0.25 | -1.26 | -8.57 | |
-0.20 | -0.29 | -0.13 | -6.16 | -2.09 | |
1.62 | 2.74 | 0.54 | 7.54 | 10.65 | |
Net Cash Flow | -0.02 | -0.06 | 0.15 | 0.13 | -0.01 |
Ratios
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 172.83 | 219.71 | 205.31 | 151.60 | |
Inventory Days | 242.62 | 248.16 | 292.89 | 225.48 | |
Days Payable | 209.34 | 201.81 | 211.88 | 151.30 | |
Cash Conversion Cycle | 206.11 | 266.06 | 286.32 | 225.78 | |
Working Capital Days | 201.23 | 238.77 | 233.69 | 235.58 | |
ROCE % | 8.04% | 7.43% | 6.47% |
Documents
Announcements
- Inauguration Of Our Fifth Franchisee Outlet At Medipally. 14 Jun
- Announcement under Regulation 30 (LODR)-Change in Management 30 May
- Audited Financial Results For The Half Year And Year Ended 31St March 2024. 30 May
- Board Meeting Outcome for Approving The Audited Financial Results For The Half Year And Year Ended 31St March, 2024. 30 May
- Board Meeting Intimation for Approving The Audited Financial Results For The Half Year / Year Ended 31St March, 2024. 24 May
Business Area[1] Retina Paints Limited operates on B2B Business Model, where they sell their products to dealers and distributors who then sell these products to end customers.