Raj Rayon Industries Ltd
Incorporated in 1993, Raj Rayons Industries Ltd is engaged in the manufacturing and trading of polyester chips, polyester yarn and processed yarn.
- Market Cap ₹ 1,174 Cr.
- Current Price ₹ 21.1
- High / Low ₹ 68.0 / 15.0
- Stock P/E 291
- Book Value ₹ 1.95
- Dividend Yield 0.00 %
- ROCE 8.23 %
- ROE 3.81 %
- Face Value ₹ 1.00
Pros
- Debtor days have improved from 39.6 to 17.8 days.
- Company's working capital requirements have reduced from 69.5 days to 17.3 days
Cons
- Stock is trading at 10.9 times its book value
- Company has low interest coverage ratio.
- Company might be capitalizing the interest cost
* 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: Textiles Industry: Textiles - Processing
Quarterly Results
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
713 | 470 | 184 | 452 | 274 | 76 | 18 | 0 | 0 | 0 | 137 | 745 | |
652 | 520 | 186 | 603 | 293 | 92 | 30 | 1 | 0 | 2 | 135 | 718 | |
Operating Profit | 61 | -50 | -3 | -151 | -19 | -16 | -12 | -1 | -0 | -2 | 2 | 27 |
OPM % | 9% | -11% | -1% | -34% | -7% | -21% | -65% | 1% | 4% | |||
4 | 3 | 8 | 2 | 2 | 0 | 0 | 3 | 1 | 671 | 0 | 5 | |
Interest | 34 | 49 | 71 | 89 | 2 | 0 | 0 | 0 | 0 | 0 | 1 | 11 |
Depreciation | 26 | 32 | 42 | 49 | 48 | 37 | 37 | 36 | 36 | 28 | 13 | 11 |
Profit before tax | 6 | -128 | -108 | -287 | -66 | -53 | -48 | -34 | -35 | 641 | -13 | 10 |
Tax % | 37% | 31% | 31% | -0% | 0% | 0% | 0% | 0% | 0% | 0% | 1% | 59% |
4 | -88 | -75 | -287 | -66 | -53 | -48 | -34 | -35 | 641 | -12 | 4 | |
EPS in Rs | 0.14 | -3.29 | -2.81 | -8.27 | -1.91 | -1.52 | -1.39 | -0.98 | -1.00 | 2,807.32 | -0.22 | 0.07 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 110% |
3 Years: | % |
TTM: | 443% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | 16% |
3 Years: | 28% |
TTM: | 132% |
Stock Price CAGR | |
---|---|
10 Years: | 42% |
5 Years: | 236% |
3 Years: | 293% |
1 Year: | -68% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 4% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 27 | 27 | 27 | 35 | 35 | 35 | 35 | 35 | 35 | 0 | 56 | 56 |
Reserves | 112 | 24 | -51 | -404 | -471 | -523 | -572 | -605 | -640 | 100 | 49 | 53 |
Preference Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 0 | 0 | |
354 | 555 | 694 | 713 | 705 | 704 | 700 | 695 | 695 | 0 | 125 | 176 | |
203 | 55 | 53 | 93 | 73 | 70 | 67 | 66 | 66 | 2 | 82 | 136 | |
Total Liabilities | 696 | 661 | 724 | 436 | 342 | 285 | 230 | 191 | 155 | 102 | 311 | 421 |
156 | 337 | 369 | 320 | 274 | 237 | 198 | 161 | 126 | 89 | 138 | 219 | |
CWIP | 186 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 8 | 3 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
354 | 315 | 355 | 116 | 68 | 48 | 32 | 30 | 30 | 8 | 165 | 199 | |
Total Assets | 696 | 661 | 724 | 436 | 342 | 285 | 230 | 191 | 155 | 102 | 311 | 421 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
17 | -56 | -45 | -4 | 7 | -1 | -2 | 0 | 0 | -5 | -75 | 79 | |
-136 | -77 | -24 | 22 | 0 | 1 | 2 | 4 | 0 | -6 | -65 | -111 | |
119 | 142 | 59 | -17 | -6 | -1 | -0 | -4 | 0 | 11 | 140 | 39 | |
Net Cash Flow | 0 | 9 | -9 | 0 | 1 | -1 | -0 | 0 | 0 | 0 | 0 | 7 |
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 | 92 | 131 | 285 | 24 | 28 | 108 | 336 | 61 | 18 | |||
Inventory Days | 80 | 14 | 222 | 43 | 30 | 35 | 14 | 248 | 62 | |||
Days Payable | 91 | 26 | 80 | 23 | 10 | 19 | 30 | 249 | 76 | |||
Cash Conversion Cycle | 81 | 119 | 428 | 44 | 48 | 124 | 319 | 60 | 4 | |||
Working Capital Days | 68 | 126 | 293 | -89 | -322 | -107 | -642 | 122 | 17 | |||
ROCE % | 9% | -14% | -6% | -38% | -20% | -20% | -24% | -24% | -29% | -30% | -7% |
Documents
Announcements
- Closure of Trading Window 26 Jun
- Announcement under Regulation 30 (LODR)-Investor Presentation 31 May
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Announcement under Regulation 30 (LODR)-Newspaper Publication
29 May - Newspaper publication of Audit Financial Results of the Company for 31st March, 2024
- The Board Of The Company At Its Meeting Held On 28Th May, 2024 Has Inter- Alia: 1. Approved And Taken On Record The Audited Financial Results Of The Company For The Last Quarter & Year Ended March 31, 2024, Copy Of The Same Is Attached 28 May
- Board Meeting Outcome for The Board Of The Company At Its Meeting Held On 28Th May, 2024 Has Inter- Alia: 1. Approved And Taken On Record The Audited Financial Results Of The Company For The Last Quarter & Year Ended March 31, 2024 28 May
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from nse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Concalls
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May 2024TranscriptNotesPPT
Product Profile:[1]
Company's products includes yarn of various cross sections namely Round, Trilobal and Octalobal, and also Full Dull, Semi Dull, Bright Yarns, Cationic Yarn, Doped Dyed Yarn, Fire Retardant and Anti Microbial yarns, etc. in the form of:
a) Polyester Textured Yarn
b) Partially Oriented Yarn
c) Fully Drawn Yarn