Ram Ratna Wires Ltd

Ram Ratna Wires Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Ram Ratna Wires Ltd

₹ 538 2.19%
15 Jan 2:48 p.m.
rrshramik.com BSE: 522281 NSE: RAMRAT
About

Ram Ratna Wires Limited is engaged in the manufacturing of winding wires, mainly enamelled copper wires. [1]

Key Points

Market Position
The company is the 2nd largest manufacturer of Winding Wire in South Asia. It is the only manufacturer of enameled copper wires in India, that offers the widest range from the thinnest wire of 18 microns (0.018mm) to 4.876 mm with intermediate sizes. [1]

Website BSE NSE
  • Market Cap ₹ 2,370 Cr.
  • Current Price ₹ 538
  • High / Low ₹ 758 / 245
  • Stock P/E 39.7
  • Book Value ₹ 96.9
  • Dividend Yield 0.48 %
  • ROCE 17.4 %
  • ROE 13.6 %
  • Face Value ₹ 5.00
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Pros

  • Company has delivered good profit growth of 25.6% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 29.2%

Cons

  • 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: Non Ferrous Metals Industry: Mining / Minerals / Metals

Part of BSE Industrials BSE SmallCap BSE Allcap

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
588 603 637 693 620 612 724 724 757 698 803 892 940
563 570 606 667 598 583 692 700 726 672 767 856 904
Operating Profit 25 33 31 26 21 29 32 25 32 26 37 36 36
OPM % 4% 5% 5% 4% 3% 5% 4% 3% 4% 4% 5% 4% 4%
2 2 2 1 1 2 4 3 6 4 3 4 4
Interest 7 7 7 8 7 8 9 10 10 9 11 12 13
Depreciation 4 4 4 5 5 5 4 5 5 5 5 5 5
Profit before tax 16 23 22 14 10 18 22 13 23 16 23 23 22
Tax % 25% 27% 24% 27% 27% 27% 27% 29% 37% 25% 17% 27% 22%
12 17 17 10 8 13 16 9 14 12 19 16 17
EPS in Rs 2.74 3.61 3.75 2.26 1.72 2.80 3.42 2.13 3.12 2.62 4.00 3.14 3.82
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
747 728 801 1,138 1,423 1,446 1,527 2,289 2,650 2,983 3,333
712 693 750 1,069 1,356 1,386 1,465 2,179 2,540 2,864 3,198
Operating Profit 35 35 51 69 67 60 62 110 109 120 135
OPM % 5% 5% 6% 6% 5% 4% 4% 5% 4% 4% 4%
2 2 2 3 4 4 3 8 7 15 14
Interest 15 14 11 18 30 29 26 28 34 41 45
Depreciation 7 8 8 11 16 19 18 18 18 20 21
Profit before tax 15 15 34 43 25 17 21 73 64 75 83
Tax % 35% 35% 34% 36% 35% 13% 26% 25% 27% 27%
10 10 22 28 16 15 16 54 47 55 64
EPS in Rs 2.24 2.19 5.01 6.18 3.55 3.28 3.39 11.86 10.20 11.88 13.58
Dividend Payout % 22% 17% 12% 10% 18% 8% 15% 21% 24% 42%
Compounded Sales Growth
10 Years: %
5 Years: 16%
3 Years: 25%
TTM: 18%
Compounded Profit Growth
10 Years: %
5 Years: 26%
3 Years: 49%
TTM: 19%
Stock Price CAGR
10 Years: 35%
5 Years: 67%
3 Years: 81%
1 Year: 71%
Return on Equity
10 Years: %
5 Years: 14%
3 Years: 16%
Last Year: 14%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 11 11 11 11 11 11 11 11 22 22 22
Reserves 56 63 114 156 173 168 189 260 290 388 404
113 118 148 255 314 292 361 270 267 249 217
34 21 66 103 111 70 85 174 251 294 351
Total Liabilities 213 213 339 525 609 541 646 715 829 954 995
48 52 72 141 169 167 158 151 147 216 193
CWIP 0 2 0 6 1 1 3 7 4 29 84
Investments 0 0 41 66 48 27 37 66 80 43 25
165 159 225 312 392 346 447 492 599 666 693
Total Assets 213 213 339 525 609 541 646 715 829 954 995

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
23 21 2 -8 64 -26 151 65 138
-11 -31 -64 -16 -17 -14 -19 -20 -6
-13 21 53 28 -54 42 -121 -45 -107
Net Cash Flow -1 11 -9 4 -6 3 11 -1 26

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 58 58 67 71 62 55 68 50 47 39
Inventory Days 9 11 21 16 29 29 36 22 29 27
Days Payable 9 3 21 20 18 9 12 23 29 33
Cash Conversion Cycle 57 66 67 68 73 75 92 49 46 33
Working Capital Days 59 65 68 68 71 66 89 52 49 39
ROCE % 16% 19% 17% 12% 9% 9% 18% 17% 17%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
73.00% 73.00% 73.04% 73.04% 73.04% 73.04% 73.04% 73.04% 73.04% 73.04% 73.04% 73.04%
0.00% 0.00% 0.00% 0.42% 0.59% 0.57% 0.57% 0.15% 0.07% 0.03% 0.20% 0.48%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.00%
27.00% 27.00% 26.96% 26.53% 26.35% 26.38% 26.40% 26.80% 26.89% 26.92% 26.75% 26.48%
No. of Shareholders 6,5316,8046,80017,53617,90717,28115,66118,92318,34616,57918,40119,140

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Announcements

Annual reports

Credit ratings

Concalls

  • Oct 2024
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