Rossari Biotech Ltd
Rossari Biotech was started in 2003. They are among the largest manufacturers of textile specialty chemicals in India. [1]
Their 3 main product categories are [2]:
- Home, personal care, and performance chemicals
- Textile specialty chemical
- Animal health and nutrition
The company has two R&D facilities, one at Silvassa manufacturing facility and a research lab at IIT Bombay. [3]
- Market Cap ₹ 4,970 Cr.
- Current Price ₹ 900
- High / Low ₹ 966 / 657
- Stock P/E 36.4
- Book Value ₹ 190
- Dividend Yield 0.06 %
- ROCE 18.1 %
- ROE 13.2 %
- Face Value ₹ 2.00
Pros
Cons
- Company has a low return on equity of 13.6% over last 3 years.
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|
516 | 600 | 709 | 1,483 | 1,656 | 1,831 | 1,910 | |
438 | 495 | 586 | 1,299 | 1,433 | 1,581 | 1,654 | |
Operating Profit | 78 | 105 | 124 | 184 | 223 | 250 | 256 |
OPM % | 15% | 17% | 17% | 12% | 13% | 14% | 13% |
1 | 4 | 9 | 13 | 6 | 8 | 7 | |
Interest | 3 | 4 | 3 | 13 | 22 | 19 | 16 |
Depreciation | 12 | 17 | 23 | 48 | 63 | 60 | 62 |
Profit before tax | 63 | 88 | 107 | 136 | 144 | 178 | 185 |
Tax % | 28% | 26% | 25% | 28% | 26% | 26% | |
46 | 65 | 80 | 98 | 107 | 131 | 136 | |
EPS in Rs | 103.82 | 12.86 | 15.45 | 17.74 | 19.45 | 23.66 | 24.70 |
Dividend Payout % | 0% | 4% | 3% | 3% | 3% | 2% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 29% |
3 Years: | 37% |
TTM: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 23% |
3 Years: | 18% |
TTM: | 27% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -12% |
1 Year: | 11% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 16% |
3 Years: | 14% |
Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 4 | 10 | 10 | 11 | 11 | 11 |
Reserves | 119 | 277 | 398 | 794 | 904 | 1,037 |
8 | 67 | 0 | 8 | 74 | 119 | |
118 | 118 | 152 | 442 | 375 | 401 | |
Total Liabilities | 250 | 471 | 561 | 1,255 | 1,364 | 1,567 |
74 | 94 | 181 | 607 | 585 | 578 | |
CWIP | 3 | 22 | 0 | 1 | 16 | 47 |
Investments | 0 | 18 | 0 | 36 | 51 | 63 |
173 | 338 | 379 | 611 | 712 | 880 | |
Total Assets | 250 | 471 | 561 | 1,255 | 1,364 | 1,567 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
71 | 57 | 48 | 29 | 152 | 43 | |
-37 | -190 | -37 | -299 | -181 | -103 | |
-29 | 157 | -25 | 292 | 61 | 16 | |
Net Cash Flow | 5 | 23 | -14 | 22 | 32 | -44 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 61 | 57 | 74 | 75 | 78 | 85 |
Inventory Days | 59 | 57 | 75 | 63 | 59 | 80 |
Days Payable | 114 | 95 | 104 | 61 | 56 | 62 |
Cash Conversion Cycle | 6 | 19 | 46 | 76 | 80 | 103 |
Working Capital Days | 25 | 39 | 60 | 64 | 57 | 85 |
ROCE % | 38% | 29% | 24% | 18% | 18% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 23 Aug
- Shareholder Meeting / Postal Ballot-Outcome of AGM 23 Aug
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 7 Aug
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Aug - Newspaper publication of Notice of 15th Annual General Meeting of the Company and details relating to the e-voting facility.
- Business Responsibility and Sustainability Reporting (BRSR) 31 Jul
Annual reports
Concalls
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Oct 2020Transcript PPT
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Aug 2020Transcript PPT
Company Overview
Rossari Biotech is a Specialty-Chemicals manufacturer offering solutions for Home, Personal Care and Performance chemicals (HPPC), Textile specialty chemicals (TSC) and Animal Health and Nutrition (AHN). It offers a total of 4220+ products catering to an array of applications across FMCG, Home care, Industrial Cleaning, Personal Care, Textile, Performance Chemicals, Animal Health and Nutrition and Pet Care businesses. [1] [2]