Lead Reclaim and Rubber Products Ltd

Lead Reclaim and Rubber Products Ltd

₹ 92.4 -1.96%
20 Dec - close price
About

Incorporated in 2012, Lead Reclaim
& Rubber Products Ltd manufactures
reclaimed rubber[1]

Key Points

Business Overview:[1][2]
LRRPL is an ISO 9001:2015, MSME ZED certified manufacturer of premium quality reclaim rubber, Butyl reclaim rubber granules, and crumb rubber
powder, crafted from recycled scrap rubber. The product includes varieties of grades, thickness, widths, and standards. It sells its products to companies in the automotive manufacturing sector, distributors, dealers, and through merchant exports

  • Market Cap 67.8 Cr.
  • Current Price 92.4
  • High / Low 122 / 28.6
  • Stock P/E 94.2
  • Book Value 15.9
  • Dividend Yield 0.00 %
  • ROCE 8.67 %
  • ROE 3.45 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 5.81 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -4.19%
  • Company has a low return on equity of 8.81% over last 3 years.
  • Debtor days have increased from 34.4 to 56.6 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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Half Yearly Results

Figures in Rs. Crores

Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
4.92 3.84 5.02 9.75 9.20
4.22 3.40 4.43 8.70 7.81
Operating Profit 0.70 0.44 0.59 1.05 1.39
OPM % 14.23% 11.46% 11.75% 10.77% 15.11%
0.07 0.12 0.05 0.06 0.06
Interest 0.10 0.14 0.21 0.19 0.31
Depreciation 0.18 0.22 0.21 0.39 0.48
Profit before tax 0.49 0.20 0.22 0.53 0.66
Tax % 10.20% -70.00% 36.36% 56.60% 25.76%
0.44 0.34 0.14 0.23 0.49
EPS in Rs 1.40 0.46 0.19 0.31 0.67
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
4.77 7.04 10.30 8.76 14.77 18.95
3.67 5.87 9.09 7.61 13.03 16.51
Operating Profit 1.10 1.17 1.21 1.15 1.74 2.44
OPM % 23.06% 16.62% 11.75% 13.13% 11.78% 12.88%
0.06 0.03 0.07 0.19 0.10 0.12
Interest 0.31 0.32 0.24 0.26 0.49 0.50
Depreciation 0.42 0.36 0.36 0.39 0.60 0.87
Profit before tax 0.43 0.52 0.68 0.69 0.75 1.19
Tax % 13.95% 55.77% 26.47% -20.29% 50.67%
0.36 0.23 0.50 0.83 0.37 0.72
EPS in Rs 17.87 11.41 2.26 1.13 0.50 0.98
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 28%
TTM: 114%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 18%
TTM: 50%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 149%
Return on Equity
10 Years: %
5 Years: %
3 Years: 9%
Last Year: 3%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.20 0.20 2.22 7.34 7.34 7.34
Reserves -0.03 0.20 0.59 3.48 3.84 4.33
3.78 3.94 2.69 2.66 4.16 5.67
1.37 1.61 1.49 1.80 3.56 2.42
Total Liabilities 5.32 5.95 6.99 15.28 18.90 19.76
3.05 2.79 2.83 2.85 5.60 6.88
CWIP 0.00 0.00 0.00 1.90 0.62 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.01
2.27 3.16 4.16 10.53 12.68 12.87
Total Assets 5.32 5.95 6.99 15.28 18.90 19.76

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.70 0.53 -0.41 -0.47 0.39
0.00 -0.08 -0.36 -4.77 -2.09
-0.80 -0.14 0.56 6.91 1.10
Net Cash Flow -0.09 0.31 -0.21 1.67 -0.60

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 43.62 47.18 14.53 32.08 56.59
Inventory Days 135.19 108.90 116.19 237.14 169.18
Days Payable 175.74 101.84 61.89 72.86 121.17
Cash Conversion Cycle 3.06 54.24 68.84 196.37 104.61
Working Capital Days 13.77 42.51 81.15 264.17 186.82
ROCE % 20.27% 18.70% 10.01% 8.67%

Shareholding Pattern

Numbers in percentages

1 Recently
Mar 2023Sep 2023Mar 2024Sep 2024Dec 2024
63.59% 63.67% 63.67% 63.67% 59.48%
36.41% 36.33% 36.33% 36.33% 40.52%
No. of Shareholders 265237401478521

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