Rajratan Global Wire Ltd.

NSE: RAJRATAN BSE: 517522 SECTOR: Steel & Iron Products

2058.6
+98 (5%)
NSE: Today, 03:49 PM

Price Summary

Today's High

₹ 2058.6

Today's Low

₹ 2010

52 Week High

₹ 1960.6

52 Week Low

₹ 239.05

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.

Company Essentials

Market Cap

2090.34 Cr.

Enterprise Value

2171.47 Cr.

No. of Shares

1.02 Cr.

P/E

40.74

P/B

10.7

Face Value

₹ 10

Div. Yield

0.39%

Book Value (TTM)

₹  192.39

CASH

3.03 Cr.

DEBT

84.16 Cr.

Promoter Holding

65%

EPS (TTM)

₹  50.53

Sales Growth

-9.03%

ROE

17.22 %

ROCE

19.61 %

Profit Growth

23.6 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Ratios

Sales Growth

1 Year17.93%
3 Year15.61%
5 Year10.28%

Profit Growth

1 Year60.04%
3 Year61.39%
5 Year30.84%

ROE%

1 Year22.8%
3 Year18.72%
5 Year14.69%

ROCE %

1 Year23%
3 Year20.29%
5 Year17.24%

Debt/Equity

0.4612

Price to Cash Flow

65.55

Interest Cover Ratio

4.58752735229759

CFO/PAT (5 Yr. Avg.)

1.65113652470465

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2021 65 0
Mar 2021 65 0
Dec 2020 64.53 0
Sep 2020 64.53 0
Jun 2020 64.53 0
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 40.9139651214439% for the Past 3 years.
  • The company has shown a good revenue growth of 15.6127992986764% for the Past 3 years.
  • Company has been maintaining healthy ROCE of 20.2925482428131% over the past 3 years.
  • The company has an efficient Cash Conversion Cycle of 73.3860389700531 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.65113652470465.
  • The company has a high promoter holding of 65%.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Net Sales 32.71 84.26 103.39 117.09 118.47
Total Expenditure 28.64 66 85.78 94.45 94.33
Operating Profit 4.07 18.26 17.61 22.64 24.14
Other Income 0.21 0.16 0.11 0.13 0.13
Interest 2 2.24 2.26 2.58 2.65
Depreciation 1.6 1.63 1.68 1.75 1.83
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.68 14.55 13.78 18.44 19.79
Tax 0.23 4.21 4.07 1.97 5
Profit After Tax 0.45 10.34 9.71 16.47 14.79
Adjusted EPS (Rs) 0.44 10.19 9.57 16.23 14.57

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Net Sales 176.61 218.37 314.56 286.14 337.45
Total Expenditure 156.49 199.48 280.58 240.49 274.86
Operating Profit 20.12 18.89 33.98 45.65 62.59
Other Income 2.48 2 2.24 1.63 0.61
Interest 7.1 5.82 8.12 9.14 9.08
Depreciation 3.4 3.41 3.91 5.35 6.66
Exceptional Items 0 1.66 0 0 0
Profit Before Tax 12.09 13.31 24.19 32.79 47.46
Tax 3.83 4.52 5.5 9.69 10.49
Net Profit 8.26 8.79 18.69 23.1 36.97
Adjusted EPS (Rs.) 8.13 8.66 18.41 22.76 36.42

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 4.35 4.35 4.35 10.15 10.15
Total Reserves 98.36 106.59 124.38 137.66 174.53
Borrowings 7.93 2.49 30.74 44.35 51.76
Other N/C liabilities 8.56 9.09 8.65 11.33 10.58
Current liabilities 57 60.79 82.53 74.91 77.49
Total Liabilities 176.22 183.32 250.65 278.4 324.51
Assets
Net Block 49.06 49.85 78.32 116.12 127.46
Capital WIP 0.71 3.5 19.17 9.83 7.29
Intangible WIP 0.08 0 0.03 0.14 0.14
Investments 38.93 38.38 38.38 38.38 50.69
Loans & Advances 11.33 10.43 14.29 11.98 3.25
Other N/C Assets 0 0 0 0 0
Current Assets 76.12 81.16 100.46 101.95 135.68
Total Assets 176.22 183.32 250.65 278.4 324.51
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Profit from operations 12.09 13.31 24.19 32.79 47.46
Adjustment 10.32 7.88 11.88 13.88 15.68
Changes in Assets & Liabilities 0.81 0.98 -0.78 -6.18 -20.22
Tax Paid -3.76 -4.44 -5.8 -7.66 -11.24
Operating Cash Flow 19.46 17.74 29.49 32.83 31.68
Investing Cash Flow -6.69 -4.8 -48.05 -33.83 -27.8
Financing Cash Flow -13.13 -12.05 19.34 0.97 -1.67
Net Cash Flow -0.36 0.89 0.78 -0.03 2.21

Corporate Actions

Investors Details

PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Promoters 64.53 64.53 64.53 65 65
mohini chordia 0.1 0.1 0.1 0.1 0.1
rajratan investments li... 18.44 18.44 18.44 18.44 18.44
rajratan resources pvt lt... 8.89 8.89 8.89 8.89 8.89
shubhika chordia 1.5 1.5 1.5 1.5 1.5
sunil chordia 0.69 0.69 0.69 1 1
sunil kumar chandan mal h... 4.14 4.14 4.14 4.14 4.14
yashovardhan chordia 6.16 6.16 6.16 6.32 6.32
sangita sunil chordia 0.23 0.23 0.23 0.23 0.23
sangita sunil chordia 0 0 0 0 0
sunil chordia 0 0 0 0 0
sunil kumar chandanmal hu... 0 0 0 0 0
sangita sunil chordia fam... 0 13.11 13.11 0 0
sunil chordia family trus... 11.28 11.28 11.28 11.28 11.28
sangita chordia family tr... 13.11 0 0 13.11 13.11
PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Public 26.2 26.21 25.52 25.47 25.77
chandrakant nagar 0 1.03 1.03 1.03 1.03
kishan gopal mohta 1.25 1.39 1.05 1.05 1.05
d srimathi 1.19 1.19 1.19 1.19 1.19
iepf 0.47 0.47 0.49 0.49 0.49
vanaja sundar iyer 0 0 0 0 0
karthik sundar 4.04 4.04 3.45 0 0
krishan gopal mohta 0 0 0 0 0
karthik sundar iyer 0 0 0 3.45 3.45
PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
FII/DII 9.27 9.26 9.95 9.53 9.23
sbi small cap fund 9.26 9.26 9.95 9.53 9.22

Ratings & Research Reports

Company Presentations

Rajratan Global Wire Stock Price Analysis and Quick Research Report. Is Rajratan Global Wire an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Rajratan Global Wire has a PE ratio of 40.7395093685435 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Rajratan Global Wire has ROA of 8.73246890711829 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Rajratan Global Wire has a Current ratio of 1.36109998665065 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Rajratan Global Wire has a ROE of 17.2188885990086 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Rajratan Global Wire has a D/E ratio of 0.585664578983994 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Rajratan Global Wire has an Inventory turnover ratio of 11.6863385746375 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Rajratan Global Wire has reported revenue growth of -9.03484231943031 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Rajratan Global Wire for the current financial year is 15.9502341511148 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Rajratan Global Wire is Rs 2 and the yield is 0.3916 %.

Brief about Rajratan Global Wire

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