Rossari Biotech Ltd

Rossari Biotech Ltd

₹ 687 -0.65%
29 Apr 10:56 a.m.
About

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]

Key Points

Product Segments
The company is one of India’s leading specialty chemicals manufacturer offering 4,280+ products across 3 verticals: [1]

  • Market Cap 3,803 Cr.
  • Current Price 687
  • High / Low 973 / 568
  • Stock P/E 27.9
  • Book Value 214
  • Dividend Yield 0.07 %
  • ROCE 15.8 %
  • ROE 12.2 %
  • Face Value 2.00

Pros

Cons

  • Company has a low return on equity of 12.6% over last 3 years.
  • Dividend payout has been low at 2.24% of profits 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
439 435 425 389 406 411 483 464 473 490 498 513 580
387 377 369 335 352 353 420 400 409 425 432 448 510
Operating Profit 52 58 57 54 55 58 64 64 64 65 66 65 69
OPM % 12% 13% 13% 14% 13% 14% 13% 14% 13% 13% 13% 13% 12%
3 1 1 1 3 2 1 4 1 1 1 1 2
Interest 5 5 8 5 4 6 5 4 3 4 4 5 6
Depreciation 17 15 16 16 16 14 15 15 16 15 15 18 18
Profit before tax 34 39 34 35 37 39 45 48 46 47 48 42 48
Tax % 30% 26% 29% 26% 22% 26% 26% 28% 25% 26% 27% 25% 28%
24 29 24 26 29 29 33 34 34 35 35 32 34
EPS in Rs 4.37 5.21 4.34 4.66 5.25 5.30 5.97 6.23 6.18 6.32 6.39 5.73 6.22
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
516 600 709 1,483 1,656 1,831 2,080
438 495 586 1,299 1,433 1,581 1,815
Operating Profit 78 105 124 184 223 250 265
OPM % 15% 17% 17% 12% 13% 14% 13%
1 4 9 13 6 8 5
Interest 3 4 3 13 22 19 18
Depreciation 12 17 23 48 63 60 67
Profit before tax 63 88 107 136 144 178 185
Tax % 28% 26% 25% 28% 26% 26% 26%
46 65 80 98 107 131 136
EPS in Rs 103.82 12.86 15.45 17.74 19.45 23.66 24.63
Dividend Payout % 0% 4% 3% 3% 3% 2% 2%
Compounded Sales Growth
10 Years: %
5 Years: 28%
3 Years: 12%
TTM: 14%
Compounded Profit Growth
10 Years: %
5 Years: 16%
3 Years: 12%
TTM: 5%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: -10%
1 Year: -12%
Return on Equity
10 Years: %
5 Years: 14%
3 Years: 13%
Last Year: 12%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 4 10 10 11 11 11 11
Reserves 119 277 398 794 904 1,037 1,174
8 67 0 8 74 119 218
118 118 152 442 375 401 493
Total Liabilities 250 471 561 1,255 1,364 1,567 1,896
74 94 181 607 585 578 625
CWIP 3 22 0 1 16 47 140
Investments 0 18 0 36 51 63 58
173 338 379 611 712 880 1,074
Total Assets 250 471 561 1,255 1,364 1,567 1,896

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
71 57 48 29 152 43 137
-37 -190 -37 -299 -181 -103 -184
-29 157 -25 292 61 16 65
Net Cash Flow 5 23 -14 22 32 -44 19

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 61 57 74 75 78 85 83
Inventory Days 59 57 75 63 59 80 90
Days Payable 114 95 104 61 56 62 73
Cash Conversion Cycle 6 19 46 76 80 103 101
Working Capital Days 25 39 60 64 57 85 96
ROCE % 38% 29% 24% 18% 18% 16%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
68.56% 68.46% 68.44% 68.44% 68.44% 68.35% 68.34% 68.32% 68.32% 68.27% 68.19% 68.18%
8.51% 8.84% 8.63% 7.46% 6.12% 5.74% 4.14% 4.02% 3.83% 3.74% 3.74% 3.98%
13.02% 14.15% 14.08% 15.09% 17.71% 17.68% 18.06% 17.74% 16.87% 17.34% 17.47% 17.59%
9.91% 8.55% 8.85% 9.01% 7.73% 8.23% 9.45% 9.90% 10.98% 10.64% 10.60% 10.24%
No. of Shareholders 98,56595,66497,08196,63495,37195,2001,00,42398,8591,00,47597,18895,73592,852

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls