Refractory Shapes Ltd
Incorporated in 1996, Refractory Shapes Ltd manufactures and trades special shapes, custom-made refractory shapes, and alumina balls[1]
- Market Cap ₹ 243 Cr.
- Current Price ₹ 111
- High / Low ₹ 283 / 75.0
- Stock P/E 50.1
- Book Value ₹ 19.3
- Dividend Yield 0.00 %
- ROCE 17.2 %
- ROE 22.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Stock is trading at 5.77 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.2.79 Cr.
- Working capital days have increased from 93.4 days to 139 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: Refractories Industry: Refractories / Intermediates
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|
| 20.86 | 25.49 | 37.97 | 40.35 | 44.92 | |
| 18.52 | 21.87 | 34.09 | 33.98 | 38.90 | |
| Operating Profit | 2.34 | 3.62 | 3.88 | 6.37 | 6.02 |
| OPM % | 11.22% | 14.20% | 10.22% | 15.79% | 13.40% |
| 0.91 | 1.03 | 0.75 | 2.47 | 2.79 | |
| Interest | 0.75 | 0.60 | 1.08 | 1.56 | 1.13 |
| Depreciation | 0.39 | 0.35 | 1.06 | 1.94 | 1.19 |
| Profit before tax | 2.11 | 3.70 | 2.49 | 5.34 | 6.49 |
| Tax % | 26.07% | 22.16% | 26.91% | 24.72% | |
| 1.56 | 2.87 | 1.81 | 4.02 | 4.84 | |
| EPS in Rs | 2.54 | 2.51 | |||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 25% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 37% |
| TTM: | 122% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 18% |
| Last Year: | 22% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 0.10 | 0.10 | 0.10 | 15.80 | 21.80 |
| Reserves | 11.80 | 14.67 | 16.17 | 4.50 | 20.25 |
| 12.34 | 15.70 | 20.32 | 23.52 | 16.17 | |
| 3.00 | 6.38 | 12.13 | 7.44 | 6.34 | |
| Total Liabilities | 27.24 | 36.85 | 48.72 | 51.26 | 64.56 |
| 6.97 | 7.60 | 18.93 | 19.05 | 20.71 | |
| CWIP | 0.00 | 5.34 | 0.00 | 0.00 | 0.00 |
| Investments | 0.01 | 6.14 | 5.83 | 5.83 | 5.83 |
| 20.26 | 17.77 | 23.96 | 26.38 | 38.02 | |
| Total Assets | 27.24 | 36.85 | 48.72 | 51.26 | 64.56 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 5.18 | 7.57 | 4.14 | -2.54 | |
| 0.35 | -11.81 | -6.83 | -1.82 | |
| -5.36 | 2.74 | 0.89 | 3.18 | |
| Net Cash Flow | 0.17 | -1.50 | -1.79 | -1.18 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 131.76 | 88.35 | 73.73 | 62.87 |
| Inventory Days | 63.79 | 83.19 | 193.22 | 309.16 |
| Days Payable | 42.52 | 134.16 | 246.49 | 126.66 |
| Cash Conversion Cycle | 153.02 | 37.39 | 20.46 | 245.37 |
| Working Capital Days | 165.00 | 72.31 | 68.83 | 139.03 |
| ROCE % | 15.72% | 10.65% | 17.16% |
Documents
Announcements
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Statement of deviation(s) or variation(s) under Reg. 32
13 November 2024 - Refractory Shapes Limited has informed about statement of deviation(s) or variation(s) under Reg. 32
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Related Party Transactions
13 November 2024 - Refractory Shapes Limited has informed about Non-Applicability of Related Party Transactions under Regulation 23(9) of SEBI (LODR) Regulations, 2015 for the Half year ended September …
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Financial Result Updates
13 November 2024 - Refractory Shapes Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
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Board Meeting Intimation
5 November 2024 - REFRACTORY SHAPES 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 …
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
17 October 2024 - Refractory Shapes Limited has informed regarding Submission of the Compliance Report on Corporate Governance for the Q_ FY 20__-__
Business Overview:[1][2]
RSL is in the business of production of special shapes, custom-made refractory shapes, and ceramic balls of low and medium purity. It has an inhouse design team to manufacture our refectories as per Licensor /clients drawings & requirements.