Ratnaveer Precision Engineering Ltd
Incorporated in 2000, Ratnaveer Precision Engineering Ltd manufactures and sells a diverse range of SS products[1]
- Market Cap ₹ 959 Cr.
- Current Price ₹ 198
- High / Low ₹ 208 / 107
- Stock P/E 27.1
- Book Value ₹ 52.0
- Dividend Yield 0.00 %
- ROCE 12.9 %
- ROE 17.3 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Debtor days have improved from 36.7 to 27.4 days.
Cons
- Stock is trading at 3.81 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- 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
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|
297 | 360 | 427 | 480 | 595 | 682 | |
272 | 340 | 399 | 434 | 545 | 622 | |
Operating Profit | 25 | 20 | 28 | 46 | 50 | 60 |
OPM % | 8% | 6% | 6% | 10% | 8% | 9% |
2 | 4 | 2 | 1 | 7 | 7 | |
Interest | 14 | 12 | 12 | 12 | 12 | 13 |
Depreciation | 2 | 3 | 4 | 4 | 6 | 8 |
Profit before tax | 10 | 10 | 13 | 31 | 39 | 46 |
Tax % | 30% | 43% | 30% | 18% | 21% | |
7 | 5 | 9 | 25 | 31 | 35 | |
EPS in Rs | 17.70 | 13.42 | 23.31 | 7.22 | 6.40 | 7.30 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 18% |
TTM: | 35% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 78% |
TTM: | 25% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
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 | |
---|---|---|---|---|---|
Equity Capital | 4 | 4 | 4 | 35 | 49 |
Reserves | 47 | 52 | 62 | 71 | 203 |
140 | 151 | 191 | 230 | 207 | |
52 | 49 | 52 | 53 | 57 | |
Total Liabilities | 242 | 256 | 309 | 389 | 516 |
22 | 32 | 41 | 50 | 74 | |
CWIP | 4 | 3 | 4 | 9 | 45 |
Investments | 0 | 0 | 0 | 0 | 0 |
217 | 221 | 264 | 330 | 397 | |
Total Assets | 242 | 256 | 309 | 389 | 516 |
Cash Flows
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
7 | 14 | -16 | -14 | 12 | |
-9 | -11 | -12 | -17 | -63 | |
5 | -2 | 28 | 42 | 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% |
Documents
Announcements
- Scrutinizer''s Report And Voting Results Of The Extraordinary General Meeting. 2m
- Shareholder Meeting / Postal Ballot-Outcome of EGM 20h
- Second Corrigendum To Notice Of 1St EGM To Be Held On Friday, 26Th July, 2024 At 11:30 A.M. 22 Jul
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
19 Jul - Of newspaper publication of unaudited financial results of the Company for the quarter ended 30th June, 2024.
- Board Meeting Outcome for Outcome Of Board Meeting Held On 17.07.2024 17 Jul
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