Raghav Productivity Enhancers Ltd
RPEL is engaged in manufacturing of quartz based ramming mass, quartz powder, and tundish board. It sells its products under the brand name of “Raghav”. [1]
- Market Cap ₹ 3,519 Cr.
- Current Price ₹ 765
- High / Low ₹ 1,066 / 561
- Stock P/E 121
- Book Value ₹ 44.4
- Dividend Yield 0.13 %
- ROCE 19.8 %
- ROE 15.2 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 17.2 times its book value
- Working capital days have increased from 199 days to 297 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
Industrials Capital Goods Industrial Products Electrodes & Refractories
Part of BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 38 | 46 | 42 | 47 | 56 | 67 | 65 | 101 | 138 | 119 | 115 | 114 | |
| 35 | 42 | 36 | 37 | 43 | 51 | 50 | 76 | 101 | 83 | 86 | 81 | |
| Operating Profit | 3 | 5 | 6 | 10 | 13 | 16 | 15 | 25 | 36 | 36 | 29 | 33 |
| OPM % | 7% | 10% | 14% | 21% | 23% | 23% | 23% | 25% | 26% | 30% | 25% | 29% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 2 | 1 | 2 | 7 | |
| Interest | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| Depreciation | 0 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 |
| Profit before tax | 1 | 2 | 4 | 8 | 10 | 13 | 12 | 25 | 35 | 34 | 29 | 38 |
| Tax % | 32% | 43% | 33% | 26% | 21% | 27% | 25% | 25% | 25% | 26% | 26% | 23% |
| 1 | 1 | 3 | 6 | 8 | 9 | 9 | 19 | 26 | 25 | 21 | 29 | |
| EPS in Rs | 0.54 | 0.46 | 0.63 | 1.46 | 2.00 | 2.35 | 2.11 | 4.26 | 5.62 | 5.50 | 4.66 | 6.35 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 6% | 6% | 4% | 8% | 21% | 16% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 12% |
| 3 Years: | -6% |
| TTM: | -1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 36% |
| 5 Years: | 26% |
| 3 Years: | 4% |
| TTM: | 42% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 59% |
| 5 Years: | 61% |
| 3 Years: | 48% |
| 1 Year: | 24% |
| Return on Equity | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 17% |
| 3 Years: | 15% |
| Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 5 | 7 | 7 | 10 | 10 | 11 | 11 | 11 | 23 | 46 | 46 |
| Reserves | 5 | 3 | 11 | 17 | 22 | 32 | 54 | 98 | 123 | 136 | 133 | 158 |
| 14 | 13 | 12 | 10 | 8 | 6 | 0 | 6 | 0 | 0 | 0 | 0 | |
| 4 | 8 | 7 | 8 | 11 | 12 | 10 | 18 | 18 | 16 | 19 | 13 | |
| Total Liabilities | 26 | 30 | 38 | 42 | 51 | 60 | 75 | 133 | 152 | 175 | 198 | 217 |
| 10 | 13 | 12 | 22 | 22 | 28 | 28 | 27 | 26 | 23 | 27 | 28 | |
| CWIP | 0 | 0 | 7 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 58 | 79 | 99 | 106 |
| 16 | 16 | 18 | 20 | 27 | 32 | 47 | 104 | 69 | 72 | 72 | 82 | |
| Total Assets | 26 | 30 | 38 | 42 | 51 | 60 | 75 | 133 | 152 | 175 | 198 | 217 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1 | 7 | 1 | 7 | 7 | 8 | 11 | 8 | 20 | 26 | 27 | 23 | |
| -1 | -4 | -7 | -3 | -3 | -5 | -13 | -42 | -14 | -21 | -24 | -17 | |
| 1 | -3 | 7 | -3 | -4 | -2 | 8 | 29 | -7 | -1 | -2 | -5 | |
| Net Cash Flow | -1 | -0 | -0 | -0 | -0 | 0 | 7 | -4 | -1 | 3 | 2 | 1 |
| Free Cash Flow | -2 | 3 | -7 | 3 | 4 | 2 | 9 | 8 | 19 | 25 | 21 | 17 |
| CFO/OP | -12% | 161% | 22% | 83% | 67% | 64% | 93% | 54% | 77% | 95% | 114% | 96% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 116 | 93 | 102 | 101 | 106 | 113 | 103 | 130 | 98 | 104 | 121 | 115 |
| Inventory Days | 37 | 32 | 52 | 77 | 125 | 114 | 149 | 163 | 155 | 237 | 246 | 248 |
| Days Payable | 53 | 62 | 54 | 53 | 78 | 71 | 75 | 128 | 98 | 97 | 113 | 64 |
| Cash Conversion Cycle | 99 | 63 | 100 | 124 | 153 | 156 | 177 | 165 | 155 | 243 | 254 | 299 |
| Working Capital Days | 37 | -3 | 25 | 43 | 74 | 100 | 130 | 104 | 112 | 143 | 158 | 297 |
| ROCE % | 12% | 19% | 19% | 28% | 31% | 32% | 23% | 27% | 28% | 23% | 16% | 20% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Installed Capacity MTPA |
|
||||||||
| Return on Capital Employed (ROCE) % |
|||||||||
| Total Sales Volume KMT |
|||||||||
| Export Volume KMT |
|||||||||
| Product Realization Level Index Index |
|||||||||
| Domestic Market Share % |
|||||||||
| R&D Expenditure (Percentage of Turnover) % |
|||||||||
Extracted by Screener AI
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
16h - Annual secretarial compliance report for FY2026 confirms full SEBI LODR compliance with no violations.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 26 Apr
-
Announcement under Regulation 30 (LODR)-Investor Presentation
24 Apr - Investor presentation for year ended 31st March, 2026
-
Financial Results For Quarter/Year Ended 31St March, 2026
24 Apr - Board approved FY26 results, Rs 1 dividend, 1.20 lakh MTPA expansion by 1 Oct 2026.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 24Th April, 2026
24 Apr - Board approved FY26 audited results, Rs1 dividend, 1,20,000 MTPA expansion by Oct 2026, 9,990 ESOP shares.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
Key Customers
Key customers for RPEL include R.L. Steel, Mahalakshmi TMT, and Varsana SPA, to whom the company supplies ramming mass, silica ramming mixes, quartz, etc. [1]