Ramdevbaba Solvent Ltd

Ramdevbaba Solvent Ltd

₹ 128 -3.22%
04 Nov - close price
About

Founded in 2008, Ramdevbaba Solvent Limited produces and distributes physically refined rice bran oil.[1]

Key Points

Business Segments
A) Third Party Manufacturing[1] The Company manufactures, distributes, markets, and sells rice bran oil to FMCG companies like Mother Dairy Fruit & Vegetable Private Limited, Marico Limited, and Empire Spices and Foods Ltd.

  • Market Cap 283 Cr.
  • Current Price 128
  • High / Low 135 / 80.1
  • Stock P/E 21.7
  • Book Value
  • Dividend Yield 0.00 %
  • ROCE 16.6 %
  • ROE 21.6 %
  • Face Value 10.0

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 25.7%

Cons

  • Promoter holding has decreased over last quarter: -19.9%

* 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: Edible Oil Industry: Solvent Extraction

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Half Yearly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Sep 2023 Mar 2024
346 295 392
336 283 379
Operating Profit 10 12 13
OPM % 3% 4% 3%
4 2 5
Interest 3 5 5
Depreciation 1 2 2
Profit before tax 10 7 10
Tax % 26% 25% 28%
8 6 8
EPS in Rs 166.99 10.96 4.63
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
416 576 698 686
403 559 679 661
Operating Profit 13 17 19 25
OPM % 3% 3% 3% 4%
3 2 9 7
Interest 4 5 6 10
Depreciation 4 5 2 4
Profit before tax 9 9 19 18
Tax % 28% 28% 24% 26%
6 7 15 13
EPS in Rs 134.51 143.67 320.25 8.04
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 18%
TTM: -2%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 29%
TTM: -11%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 26%
Last Year: 22%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 5 5 5 16
Reserves 24 30 43 57
45 65 99 111
28 32 44 46
Total Liabilities 101 131 191 229
39 40 62 94
CWIP 0 12 28 3
Investments 0 0 0 8
62 79 101 125
Total Assets 101 131 191 229

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
12 3 11 5
-13 -18 -39 -19
2 15 28 14
Net Cash Flow 1 -1 0 -0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 16 18 20 22
Inventory Days 39 26 29 40
Days Payable 20 16 19 20
Cash Conversion Cycle 35 28 31 41
Working Capital Days 30 31 30 42
ROCE % 17% 20% 17%

Shareholding Pattern

Numbers in percentages

Apr 2024Sep 2024
61.09% 61.36%
5.10% 0.37%
5.29% 1.25%
28.52% 37.02%
0.00% 0.44%
No. of Shareholders 1,7331,337

* 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.

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