Ramdevbaba Solvent Ltd
Founded in 2008, Ramdevbaba Solvent Limited produces and distributes physically refined rice bran oil.[1]
- Market Cap ₹ 285 Cr.
- Current Price ₹ 129
- High / Low ₹ 135 / 80.1
- Stock P/E 18.3
- Book Value ₹ 57.3
- Dividend Yield 0.00 %
- ROCE 16.6 %
- ROE 21.6 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.7%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|
| 416 | 576 | 698 | 686 | 793 | |
| 403 | 559 | 679 | 661 | 767 | |
| Operating Profit | 13 | 17 | 19 | 25 | 27 |
| OPM % | 3% | 3% | 3% | 4% | 3% |
| 3 | 2 | 9 | 7 | 8 | |
| Interest | 4 | 5 | 6 | 10 | 9 |
| Depreciation | 4 | 5 | 2 | 4 | 5 |
| Profit before tax | 9 | 9 | 19 | 18 | 21 |
| Tax % | 28% | 28% | 24% | 26% | |
| 6 | 7 | 15 | 13 | 16 | |
| EPS in Rs | 134.51 | 143.67 | 320.25 | 8.04 | 8.27 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 18% |
| TTM: | 24% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 29% |
| TTM: | 18% |
| 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 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 16 | 22 |
| Reserves | 24 | 30 | 43 | 57 | 105 |
| 45 | 65 | 99 | 111 | 79 | |
| 28 | 32 | 44 | 46 | 40 | |
| Total Liabilities | 101 | 131 | 191 | 229 | 245 |
| 39 | 40 | 62 | 94 | 96 | |
| CWIP | 0 | 12 | 28 | 3 | 10 |
| Investments | 0 | 0 | 0 | 8 | 8 |
| 62 | 79 | 101 | 125 | 131 | |
| Total Assets | 101 | 131 | 191 | 229 | 245 |
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% |
Documents
Announcements
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Statement of deviation(s) or variation(s) under Reg. 32
13 November 2024 - Ramdevbaba Solvent Limited has informed about statement of deviation(s) or variation(s) under Reg. 32
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Related Party Transactions
13 November 2024 - Ramdevbaba Solvent Limited has informed about related Party Transactions
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Financial Result Updates
13 November 2024 - Ramdevbaba Solvent Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
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Outcome of Board Meeting
13 November 2024 - Ramdevbaba Solvent Limited has informed regarding Outcome of Board Meeting held on November 13, 2024.
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Board Meeting Intimation
6 November 2024 - RAMDEVBABA SOLVENT LIMITED has informed about Board Meeting to be held on 13-Nov-2024 to inter-alia consider and approve the Unaudited Financial results of the Company …
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.