Rajgor Castor Derivatives Ltd
Incorporated in 2018, Rajgor Castor Derivatives Ltd manufactures & trades Castor Seeds, Castor derivative products, other merchandise etc. and leasing activity[1]
- Market Cap ₹ 60.4 Cr.
- Current Price ₹ 25.2
- High / Low ₹ 48.9 / 22.0
- Stock P/E 7.42
- Book Value ₹ 31.7
- Dividend Yield 0.39 %
- ROCE 19.9 %
- ROE 20.0 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.79 times its book value
- Company has delivered good profit growth of 93.6% CAGR over last 5 years
Cons
- Debtor days have increased from 26.0 to 64.1 days.
- Working capital days have increased from 28.2 days to 64.1 days
* 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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|
| 113 | 14 | 10 | 40 | 429 | 565 | 652 | |
| 110 | 13 | 10 | 37 | 417 | 545 | 635 | |
| Operating Profit | 2 | 1 | -0 | 3 | 12 | 20 | 17 |
| OPM % | 2% | 9% | -1% | 7% | 3% | 4% | 3% |
| 0 | 1 | 1 | 1 | 0 | 0 | 0 | |
| Interest | 1 | 2 | 2 | 2 | 2 | 5 | 5 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 0 | -1 | -3 | 0 | 9 | 14 | 11 |
| Tax % | 28% | -25% | -29% | -62% | 36% | 28% | |
| 0 | -1 | -2 | 1 | 6 | 10 | 8 | |
| EPS in Rs | 30.56 | -91.68 | -152.80 | 44.14 | 25.82 | 4.09 | 3.40 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 38% |
| 3 Years: | 287% |
| TTM: | 65% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 94% |
| 3 Years: | 96% |
| TTM: | -28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -48% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 25% |
| Last Year: | 20% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.12 | 0.12 | 0.12 | 0.12 | 2 | 24 | 24 |
| Reserves | 4 | 3 | 1 | 2 | 22 | 50 | 52 |
| 18 | 19 | 23 | 18 | 45 | 47 | 59 | |
| 4 | 4 | 1 | 17 | 10 | 66 | 17 | |
| Total Liabilities | 27 | 27 | 26 | 38 | 78 | 188 | 152 |
| 18 | 22 | 21 | 20 | 20 | 21 | 21 | |
| CWIP | 4 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| 4 | 4 | 4 | 17 | 58 | 165 | 130 | |
| Total Assets | 27 | 27 | 26 | 38 | 78 | 188 | 152 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 2 | 3 | -1 | 7 | -40 | -34 | |
| -23 | -1 | -0 | -0 | -1 | -4 | |
| 21 | -2 | 2 | -7 | 41 | 38 | |
| Net Cash Flow | 0 | 0 | 0 | 0 | -0 | 0 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 0 | 17 | 2 | 2 | 12 | 64 |
| Inventory Days | 0 | 3 | 8 | 129 | 17 | 17 |
| Days Payable | 1 | 4 | 9 | 5 | 29 | |
| Cash Conversion Cycle | 0 | 20 | 5 | 121 | 25 | 52 |
| Working Capital Days | -3 | -24 | 51 | -21 | 41 | 64 |
| ROCE % | 4% | -1% | 12% | 23% | 20% |
Documents
Announcements
-
Appointment
20 January 2025 - Rajgor Castor Derivatives Limited has informed regarding Appointment of Mr. Yash Rathore as Company Secretary & Compliance Officer of the company w.e.f. January 20, 2025.
-
Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
20 January 2025 - RAJGOR CASTOR DERIVATIVES LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
-
Outcome of Board Meeting
20 January 2025 - Rajgor Castor Derivatives Limited has informed regarding Board meeting held on January 20, 2025.
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
18 January 2025 - Rajgor Castor Derivatives Limited has informed regarding Submission of the Compliance Report on Corporate Governance for the Q_ FY 20__-__
-
Structural Digital Database
18 January 2025 - Compliance of Structural Digital Database under SEBI (PIT) Regulations, 2015
Business Overview:[1]
RCDL is promoted by the Rajgor Family. It is a manufacturer and supplier of Castor oil and derivatives. Company procures castor seeds
from local farmers and nearby Agricultural Produce Market Committees (APMCs),