Ratnaveer Precision Engineering Ltd

Ratnaveer Precis Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Ratnaveer Precision Engineering Ltd

₹ 260 15.79%
22 Nov - close price
ratnaveer.com BSE: 543978 NSE: RATNAVEER
About

Incorporated in 2000, Ratnaveer Precision Engineering Ltd manufactures and sells a diverse range of SS products[1]

Key Points

Business Overview:[1]
RPEL is an ISO 9001 certified India’s largest stainless steel washers manufacturer. It produce 2500+ washers in different sizes and international standards

Website BSE NSE
  • Market Cap ₹ 1,262 Cr.
  • Current Price ₹ 260
  • High / Low ₹ 267 / 107
  • Stock P/E 31.8
  • Book Value ₹ 65.8
  • Dividend Yield 0.00 %
  • ROCE 12.9 %
  • ROE 17.3 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is expected to give good quarter
  • Debtor days have improved from 36.7 to 27.4 days.

Cons

  • Stock is trading at 3.95 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -4.76%
  • 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: Steel Industry: Steel - Medium / Small

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Quarterly Results

Figures in Rs. Crores

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
93 128 107 151 118 142 193 142 204 230
84 116 98 137 103 129 175 138 180 206
Operating Profit 10 13 9 14 15 13 18 4 25 24
OPM % 11% 10% 9% 9% 12% 9% 9% 3% 12% 11%
0 0 0 1 1 1 1 5 1 1
Interest 2 4 4 3 3 3 3 2 5 4
Depreciation 1 1 1 1 1 1 2 2 3 3
Profit before tax 7 9 5 11 11 9 13 6 17 18
Tax % 19% 19% 16% 17% 23% 15% 31% -1% 28% 32%
6 7 4 9 8 8 9 6 13 12
EPS in Rs 13.52 17.09 9.37 2.64 2.37 1.65 1.91 1.16 2.58 2.31
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
297 360 427 480 595 769
272 340 399 434 545 698
Operating Profit 25 20 28 46 50 71
OPM % 8% 6% 6% 10% 8% 9%
2 4 2 1 7 8
Interest 14 12 12 12 12 14
Depreciation 2 3 4 4 6 10
Profit before tax 10 10 13 31 39 55
Tax % 30% 43% 30% 18% 21%
7 5 9 25 31 40
EPS in Rs 17.70 13.42 23.31 7.22 6.40 7.96
Dividend Payout % 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 18%
TTM: 49%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 78%
TTM: 35%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 120%
Return on Equity
10 Years: %
5 Years: %
3 Years: 20%
Last Year: 17%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 4 4 4 35 49 60
Reserves 47 52 62 71 203 289
140 151 191 230 207 106
52 49 52 53 57 186
Total Liabilities 242 256 309 389 516 641
22 32 41 50 74 79
CWIP 4 3 4 9 45 109
Investments 0 0 0 0 0 0
217 221 264 330 397 454
Total Assets 242 256 309 389 516 641

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
7 14 -16 0 12
-9 -11 -12 -17 -63
5 -2 28 27 80
Net Cash Flow 3 1 1 11 29

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 79 34 34 48 27
Inventory Days 175 162 176 191 175
Days Payable 55 43 42 35 31
Cash Conversion Cycle 198 153 168 205 171
Working Capital Days 177 153 164 189 173
ROCE % 11% 11% 14% 13%

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
55.48% 55.48% 55.48% 55.48% 50.72%
10.47% 3.82% 0.15% 1.19% 0.73%
0.01% 0.01% 0.01% 0.01% 0.39%
34.05% 40.70% 44.38% 43.32% 48.17%
No. of Shareholders 41,22942,40044,74544,40454,887

* 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.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

DRHP

Credit ratings