Rajgor Castor Derivatives Ltd
Incorporated in 2018, Rajgor Castor Derivatives Limited manufactures castor oil-based products for the Indian market.[1]
- Market Cap ₹ 92.1 Cr.
- Current Price ₹ 38.5
- High / Low ₹ 63.0 / 31.1
- Stock P/E 9.42
- Book Value ₹ 31.0
- Dividend Yield 0.00 %
- ROCE 27.7 %
- ROE 41.3 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 93.6% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 41.4%
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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 113 | 14 | 10 | 40 | 429 | 565 | |
| 110 | 13 | 10 | 37 | 417 | 545 | |
| Operating Profit | 2 | 1 | -0 | 3 | 12 | 20 |
| OPM % | 2% | 9% | -1% | 7% | 3% | 4% |
| 0 | 1 | 1 | 1 | 0 | 0 | |
| Interest | 1 | 2 | 2 | 2 | 2 | 5 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 0 | -1 | -3 | 0 | 9 | 14 |
| Tax % | 28% | 25% | 29% | -62% | 36% | 28% |
| 0 | -1 | -2 | 1 | 6 | 10 | |
| EPS in Rs | 30.56 | -91.68 | -152.80 | 44.14 | 25.82 | 4.09 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 38% |
| 3 Years: | 287% |
| TTM: | 32% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 94% |
| 3 Years: | 96% |
| TTM: | 77% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 29% |
| 3 Years: | 41% |
| Last Year: | 41% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0 | 0 | 0 | 0 | 2 | 24 |
| Reserves | 4 | 3 | 1 | 2 | 22 | 50 |
| 18 | 19 | 23 | 18 | 45 | 47 | |
| 4 | 4 | 1 | 17 | 10 | 66 | |
| Total Liabilities | 27 | 27 | 26 | 38 | 78 | 188 |
| 18 | 22 | 21 | 20 | 20 | 21 | |
| CWIP | 4 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 1 |
| 4 | 4 | 4 | 17 | 58 | 165 | |
| Total Assets | 27 | 27 | 26 | 38 | 78 | 188 |
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 | |
| Inventory Days | 0 | 3 | 8 | 129 | 17 | |
| Days Payable | 1 | 4 | 9 | 5 | ||
| Cash Conversion Cycle | 0 | 20 | 5 | 121 | 25 | |
| Working Capital Days | -3 | -24 | 51 | -21 | 41 | |
| ROCE % | 4% | -1% | 12% | 23% |
Documents
Announcements
-
Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
30 May 2024 - RAJGOR CASTOR DERIVATIVES LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
-
Updates
29 May 2024 - Rajgor Castor Derivatives Limited has informed regarding Non-applicability of filing of disclosure of Related Party Transactions under Regulation 23(9) of the SEBI (LODR) Regulations, 2015
-
Statement of deviation(s) or variation(s) under Reg. 32
29 May 2024 - Rajgor Castor Derivatives Limited has informed about statement of deviation(s) or variation(s) under Reg. 32
-
Updates
29 May 2024 - Rajgor Castor Derivatives Limited has informed regarding 'Appointment of Internal Auditor'.
-
Financial Result Updates
29 May 2024 - Rajgor Castor Derivatives Limited has submitted to the Exchange, the financial results for the period ended March 31, 2024.
Annual reports
No data available.
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.