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Last Updated on: 25 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Gujarat Raffia Industries Ltd

About the Company - Gujarat Raffia Industries Ltd

Gujarat Raffia Industries Ltd. is a Public Limited Listed company incorporated on 30/07/1984 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L17110GJ1984PLC007124 and registration number is 007124. Currently company belongs to the Industry of Packaging & Containers. Company’s Total Operating Revenue is Rs. 37.98 Cr. and Equity Capital is Rs. 5.40 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Packaging & ContainersPlot No. 455, Santej Vadsar Road, Gandhi Nagar Dist. Gujarat 382721fin@griltarp.com
http://www.griltarp.com
Management
NamePosition Held
Mr. Pradeep R BhutoriaChairman & Managing Director
Mrs. Sushma P BhutoriaWhole Time Director
Mr. Abhishek P BhutoriaDirector
Mr. Anuj Jayjay Ram PutohitDirector

Basic Stock Data of Gujarat Raffia Industries Ltd

Last Updated: June 25, 2024, 10:40 pm

Market Cap 23.8 Cr.
Current Price 46.3
High / Low64.2/26.4
Stock P/E45.8
Book Value 38.2
Dividend Yield0.00 %
ROCE4.05 %
ROE2.55 %
Face Value 10.0
PEG Ratio3.29

Gujarat Raffia Industries Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales7.2610.219.4210.065.6412.8612.827.338.2610.839.037.637.15
Expenses6.868.918.829.545.1112.4811.647.607.8010.818.557.986.91
Operating Profit0.401.300.600.520.530.381.18-0.270.460.020.48-0.350.24
OPM %5.51%12.73%6.37%5.17%9.40%2.95%9.20%-3.68%5.57%0.18%5.32%-4.59%3.36%
Other Income0.000.280.050.260.060.190.031.010.380.820.240.850.39
Interest0.030.080.030.060.070.150.400.180.230.260.210.100.09
Depreciation0.150.980.240.240.240.250.320.320.330.310.330.330.33
Profit before tax0.220.520.380.480.280.170.490.240.280.270.180.070.21
Tax %13.64%-9.62%15.79%16.67%14.29%5.88%16.33%16.67%28.57%22.22%16.67%14.29%14.29%
Net Profit0.190.570.320.400.230.160.420.200.200.220.150.060.18
EPS in Rs0.351.050.590.740.430.300.780.370.370.410.280.110.33

Last Updated: June 7, 2024, 8:51 am

Gujarat Raffia Industries Ltd Quarterly Chart

Gujarat Raffia Industries Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales27.4527.7236.5038.7437.0336.5038.6247.5633.7638.7937.9839.2435.75
Expenses26.2225.9933.4634.4233.6332.4535.4445.0532.2136.2235.9437.7635.14
Operating Profit1.231.733.044.323.404.053.182.511.552.572.041.480.61
OPM %4.48%6.24%8.33%11.15%9.18%11.10%8.23%5.28%4.59%6.63%5.37%3.77%1.71%
Other Income0.250.050.310.100.720.040.010.430.510.310.562.142.29
Interest0.250.401.181.381.111.360.910.720.300.190.321.060.80
Depreciation0.530.651.222.062.011.711.211.071.211.440.971.281.30
Profit before tax0.700.730.950.981.001.021.071.150.551.251.311.280.80
Tax %20.00%19.18%20.00%19.39%21.00%23.53%20.56%20.00%41.82%4.80%14.50%19.53%
Net Profit0.570.580.770.800.790.780.850.920.331.191.121.030.63
EPS in Rs1.141.161.541.601.581.561.701.700.612.202.071.911.17
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Gujarat Raffia Industries Ltd Profit & Loss Yearly Chart

Gujarat Raffia Industries Ltd Growth

Compounded Sales Growth
10 Years:4%
5 Years:0%
3 Years:5%
TTM:-16%
Compounded Profit Growth
10 Years:3%
5 Years:-1%
3 Years:34%
TTM:-38%
Stock Price CAGR
10 Years:29%
5 Years:24%
3 Years:-2%
1 Year:36%
Return on Equity
10 Years:6%
5 Years:5%
3 Years:5%
Last Year:4%

Last Updated: April 26, 2024, 12:39 am

Gujarat Raffia Industries Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital4.994.994.994.994.994.994.995.405.405.405.405.405.40
Reserves4.394.975.746.687.478.259.1011.0511.3812.5713.6914.7114.93
Borrowings5.9213.2820.5817.9018.2610.8510.2311.611.203.228.2212.555.44
Other Liabilities3.464.606.005.403.959.238.109.027.673.275.493.065.62
Total Liabilities18.7627.8437.3134.9734.6733.3232.4237.0825.6524.4632.8035.7231.39
Fixed Assets3.292.6416.5214.8613.0111.3110.199.579.037.649.1512.1311.48
CWIP0.814.710.000.000.000.000.000.000.000.000.000.000.00
Investments0.050.050.050.050.050.000.000.000.000.000.000.000.00
Other Assets14.6120.4420.7420.0621.6122.0122.2327.5116.6216.8223.6523.5919.91
Total Assets18.7627.8437.3134.9734.6733.3232.4237.0825.6524.4632.8035.7231.39

Gujarat Raffia Industries Ltd Reserves and Borrowings Chart

Gujarat Raffia Industries Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -2.50-2.146.223.980.958.373.47-0.569.07-0.76-5.887.38
Cash from Investing Activity 0.65-3.86-10.31-0.21-0.050.08-0.08-0.40-0.610.17-2.40-4.23
Cash from Financing Activity 0.826.834.09-4.08-0.76-8.77-1.033.62-10.351.704.623.29
Net Cash Flow-1.030.830.00-0.300.14-0.322.362.66-1.891.11-3.666.44

Gujarat Raffia Industries Ltd Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days83.2288.1057.7688.51105.9092.4382.5858.3859.94101.1040.9341.92
Inventory Days205.54133.67151.61144.01134.33106.9297.6592.8758.42120.98111.68105.75
Days Payable47.1718.2725.2023.6726.7321.5146.7737.9911.6839.9616.065.03
Cash Conversion Cycle241.59203.50184.16208.85213.51177.84133.46113.26106.68182.12136.54142.64
Working Capital Days197.77119.00114.66148.35105.1094.79101.7661.4186.66167.32124.46149.38
ROCE %5.86%7.81%7.75%7.03%8.68%8.18%7.14%3.69%6.48%6.47%6.90%

Gujarat Raffia Industries Ltd Financial Efficiency Indicators Chart

Gujarat Raffia Industries Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters39.26%39.26%39.27%39.27%39.27%39.27%39.55%39.55%39.55%39.55%39.56%39.56%
Public60.74%60.74%60.73%60.73%60.73%60.73%60.46%60.45%60.46%60.45%60.44%60.45%
No. of Shareholders26,97026,89328,31528,31528,45328,53028,46028,32928,33128,25928,29628,402

Gujarat Raffia Industries Ltd Shareholding Pattern Chart

No. of Gujarat Raffia Industries Ltd Shareholders

This stock is not held by any mutual fund

Gujarat Raffia Industries Ltd ROCE Trend

Gujarat Raffia Industries Ltd EPS Trend

Gujarat Raffia Industries Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)1.902.072.200.611.71
Diluted EPS (Rs.)1.902.072.200.611.71
Cash EPS (Rs.)4.273.874.862.843.67
Book Value[Excl.RevalReserv]/Share (Rs.)37.2235.3233.2531.0530.44
Book Value[Incl.RevalReserv]/Share (Rs.)37.2235.3233.2531.0530.44
Revenue From Operations / Share (Rs.)72.6170.2871.7862.4788.00
PBDIT / Share (Rs.)6.704.805.333.825.43
PBIT / Share (Rs.)4.333.002.671.583.46
PBT / Share (Rs.)2.362.412.321.022.14
Net Profit / Share (Rs.)1.902.072.200.601.71
PBDIT Margin (%)9.226.827.426.116.17
PBIT Margin (%)5.964.263.722.533.93
PBT Margin (%)3.253.433.231.632.43
Net Profit Margin (%)2.612.943.060.971.93
Return on Networth / Equity (%)5.105.856.621.955.60
Return on Capital Employeed (%)10.248.257.704.8010.78
Return On Assets (%)2.873.404.861.272.47
Long Term Debt / Equity (X)0.120.010.020.040.00
Total Debt / Equity (X)0.620.430.170.080.66
Asset Turnover Ratio (%)1.151.331.551.071.37
Current Ratio (X)1.831.802.942.121.39
Quick Ratio (X)1.151.132.171.340.91
Inventory Turnover Ratio (X)3.214.964.623.183.73
Interest Coverage Ratio (X)3.418.1815.206.814.11
Interest Coverage Ratio (Post Tax) (X)1.974.537.282.082.29
Enterprise Value (Cr.)18.6025.6323.131.6212.80
EV / Net Operating Revenue (X)0.470.670.590.040.26
EV / EBITDA (X)5.149.898.030.784.36
MarketCap / Net Operating Revenue (X)0.340.480.630.110.15
Price / BV (X)0.670.961.380.220.44
Price / Net Operating Revenue (X)0.340.480.630.110.15
EarningsYield0.070.060.040.080.12

Gujarat Raffia Industries Ltd Profitability Ratios (%)

Gujarat Raffia Industries Ltd Liquidity Ratios

Gujarat Raffia Industries Ltd Liquidity Ratios (%)

Gujarat Raffia Industries Ltd Interest Coverage Ratios (%)

Gujarat Raffia Industries Ltd Valuation Ratios

Fair Value

Fair Value: 45.51

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Overvalued: 1.71% compared to the current price 46.3

Intrinsic Value: 51.84

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 11.96% compared to the current price ₹46.3

Last 5 Year EPS CAGR: 13.91%

*Investments are subject to market risks

Strength and Weakness of Gujarat Raffia Industries Ltd Stock

StrengthWeakness
  1. The company has shown consistent growth in sales (36.59 cr) and profit (0.98 cr) over the years.
  1. The stock has a low average ROCE of 6.33%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 122.56, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 170.35, which may not be favorable.
  4. The company has higher borrowings (10.71) compared to reserves (9.61), which may suggest financial risk.

FAQ

What is the latest fair value of Gujarat Raffia Industries Ltd?

The latest fair value of Gujarat Raffia Industries Ltd is ₹45.51.

What is the Market Cap of Gujarat Raffia Industries Ltd?

The Market Cap of Gujarat Raffia Industries Ltd is 23.8 Cr..

What is the current Stock Price of Gujarat Raffia Industries Ltd as on 25 June 2024?

The current stock price of Gujarat Raffia Industries Ltd as on 25 June 2024 is ₹46.3.

What is the High / Low of Gujarat Raffia Industries Ltd stocks in FY 2024?

In FY 2024, the High / Low of Gujarat Raffia Industries Ltd stocks is 64.2/26.4.

What is the Stock P/E of Gujarat Raffia Industries Ltd?

The Stock P/E of Gujarat Raffia Industries Ltd is 45.8.

What is the Book Value of Gujarat Raffia Industries Ltd?

The Book Value of Gujarat Raffia Industries Ltd is 38.2.

What is the Dividend Yield of Gujarat Raffia Industries Ltd?

The Dividend Yield of Gujarat Raffia Industries Ltd is 0.00 %.

What is the ROCE of Gujarat Raffia Industries Ltd?

The ROCE of Gujarat Raffia Industries Ltd is 4.05 %.

What is the ROE of Gujarat Raffia Industries Ltd?

The ROE of Gujarat Raffia Industries Ltd is 2.55 %.

What is the Face Value of Gujarat Raffia Industries Ltd?

The Face Value of Gujarat Raffia Industries Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Gujarat Raffia Industries Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE