Rajgor Castor Derivatives Ltd
Incorporated in 2018, Rajgor Castor Derivatives Limited manufactures castor oil-based products for the Indian market.[1]
- Market Cap ₹ 54.5 Cr.
- Current Price ₹ 22.8
- High / Low ₹ 56.0 / 22.0
- Stock P/E 6.70
- Book Value ₹ 31.7
- Dividend Yield 0.44 %
- ROCE 19.9 %
- ROE 20.0 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.72 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: | -58% |
| 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
-
Statement of deviation(s) or variation(s) under Reg. 32
14 November 2024 - Rajgor Castor Derivatives Limited has informed about statement of deviation(s) or variation(s) under Reg. 32
-
Financial Result Updates
14 November 2024 - Rajgor Castor Derivatives Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
-
Outcome of Board Meeting
14 November 2024 - Rajgor Castor Derivatives Limited has informed regarding Board meeting held on November 14, 2024.
-
Board Meeting Intimation
11 November 2024 - RAJGOR CASTOR DERIVATIVES LIMITED has informed about Board Meeting to be held on 14-Nov-2024 to consider and approve the Half Yearly Unaudited Financial results of …
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
10 October 2024 - Rajgor Castor Derivatives Limited has informed regarding not required to submit quarterly compliance report on corporate governance for the Q2 FY 2024
Product Portfolio
A) Refined Castor Oil First Stage Grade (F.S.G.)[1] F.S.G. Castor Oil is Castor Oil bleached to British Standard Specifications. It is used in Lubricants, Paints, Pharmaceuticals, Cable insulators, Sealants, Inks, Rubber and Textiles, etc. It is also used to relieve Constipation, Eyelashes growth, Hair Growth, Skin moisturizer, and to improve immunity function as well as for applying on food grains to protect from insects/fungi.