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.

INDUSTRY	ADDRESS	CONTACT
Packaging & Containers	Plot No. 455, Santej Vadsar Road, Gandhi Nagar Dist. Gujarat 382721	fin@griltarp.com http://www.griltarp.com

Management
Name	Position Held
Mr. Pradeep R Bhutoria	Chairman & Managing Director
Mrs. Sushma P Bhutoria	Whole Time Director
Mr. Abhishek P Bhutoria	Director
Mr. Anuj Jayjay Ram Putohit	Director

Basic Stock Data of Gujarat Raffia Industries Ltd

Last Updated: July 26, 2024, 10:37 pm

Market Cap	26.5 Cr.
Current Price	49.1
High / Low	64.2/26.6
Stock P/E	50.9
Book Value	38.2
Dividend Yield	0.00 %
ROCE	4.05 %
ROE	2.55 %
Face Value	10.0
PEG Ratio	3.66

Data Source: screener.in

Gujarat Raffia Industries Ltd Quarterly Results

Month	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	7.26	10.21	9.42	10.06	5.64	12.86	12.82	7.33	8.26	10.83	9.03	7.63	7.15
Expenses	6.86	8.91	8.82	9.54	5.11	12.48	11.64	7.60	7.80	10.81	8.55	7.98	6.91
Operating Profit	0.40	1.30	0.60	0.52	0.53	0.38	1.18	-0.27	0.46	0.02	0.48	-0.35	0.24
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 Income	0.00	0.28	0.05	0.26	0.06	0.19	0.03	1.01	0.38	0.82	0.24	0.85	0.39
Interest	0.03	0.08	0.03	0.06	0.07	0.15	0.40	0.18	0.23	0.26	0.21	0.10	0.09
Depreciation	0.15	0.98	0.24	0.24	0.24	0.25	0.32	0.32	0.33	0.31	0.33	0.33	0.33
Profit before tax	0.22	0.52	0.38	0.48	0.28	0.17	0.49	0.24	0.28	0.27	0.18	0.07	0.21
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 Profit	0.19	0.57	0.32	0.40	0.23	0.16	0.42	0.20	0.20	0.22	0.15	0.06	0.18
EPS in Rs	0.35	1.05	0.59	0.74	0.43	0.30	0.78	0.37	0.37	0.41	0.28	0.11	0.33

Last Updated: July 12, 2024, 11:17 am

Gujarat Raffia Industries Ltd Quarterly Chart

Gujarat Raffia Industries Ltd Profit & Loss

Last Updated: July 10, 2024, 5:41 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	27.45	27.72	36.50	38.74	37.03	36.50	38.62	47.56	33.76	38.79	37.98	39.24	35.75
Expenses	26.22	25.99	33.46	34.42	33.63	32.45	35.44	45.05	32.21	36.22	35.94	37.76	35.14
Operating Profit	1.23	1.73	3.04	4.32	3.40	4.05	3.18	2.51	1.55	2.57	2.04	1.48	0.61
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 Income	0.25	0.05	0.31	0.10	0.72	0.04	0.01	0.43	0.51	0.31	0.56	2.14	2.29
Interest	0.25	0.40	1.18	1.38	1.11	1.36	0.91	0.72	0.30	0.19	0.32	1.06	0.80
Depreciation	0.53	0.65	1.22	2.06	2.01	1.71	1.21	1.07	1.21	1.44	0.97	1.28	1.30
Profit before tax	0.70	0.73	0.95	0.98	1.00	1.02	1.07	1.15	0.55	1.25	1.31	1.28	0.80
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 Profit	0.57	0.58	0.77	0.80	0.79	0.78	0.85	0.92	0.33	1.19	1.12	1.03	0.63
EPS in Rs	1.14	1.16	1.54	1.60	1.58	1.56	1.70	1.70	0.61	2.20	2.07	1.91	1.17
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:	-2%
5 Years:	-8%
3 Years:	-7%
TTM:	-21%

Compounded Profit Growth
10 Years:	-4%
5 Years:	-11%
3 Years:	-21%
TTM:	-35%

Stock Price CAGR
10 Years:	23%
5 Years:	42%
3 Years:	10%
1 Year:	91%

Return on Equity
10 Years:	5%
5 Years:	4%
3 Years:	4%
Last Year:	3%

Last Updated: July 25, 2024, 7:10 am

Gujarat Raffia Industries Ltd Balance Sheet

Last Updated: July 10, 2024, 5:41 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	4.99	4.99	4.99	4.99	4.99	4.99	4.99	5.40	5.40	5.40	5.40	5.40	5.40
Reserves	4.39	4.97	5.74	6.68	7.47	8.25	9.10	11.05	11.38	12.57	13.69	14.71	14.93
Borrowings	5.92	13.28	20.58	17.90	18.26	10.85	10.23	11.61	1.20	3.22	8.22	12.55	5.44
Other Liabilities	3.46	4.60	6.00	5.40	3.95	9.23	8.10	9.02	7.67	3.27	5.49	3.06	5.62
Total Liabilities	18.76	27.84	37.31	34.97	34.67	33.32	32.42	37.08	25.65	24.46	32.80	35.72	31.39
Fixed Assets	3.29	2.64	16.52	14.86	13.01	11.31	10.19	9.57	9.03	7.64	9.15	12.13	11.48
CWIP	0.81	4.71	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.05	0.05	0.05	0.05	0.05	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	14.61	20.44	20.74	20.06	21.61	22.01	22.23	27.51	16.62	16.82	23.65	23.59	19.91
Total Assets	18.76	27.84	37.31	34.97	34.67	33.32	32.42	37.08	25.65	24.46	32.80	35.72	31.39

Gujarat Raffia Industries Ltd Reserves and Borrowings Chart

Gujarat Raffia Industries Ltd Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity	-2.14	6.22	3.98	0.95	8.37	3.47	-0.56	9.07	-0.76	-5.88	7.38	5.02
Cash from Investing Activity	-3.86	-10.31	-0.21	-0.05	0.08	-0.08	-0.40	-0.61	0.17	-2.40	-4.23	-1.91
Cash from Financing Activity	6.83	4.09	-4.08	-0.76	-8.77	-1.03	3.62	-10.35	1.70	4.62	3.29	-9.48
Net Cash Flow	0.83	-0.00	-0.30	0.14	-0.32	2.36	2.66	-1.89	1.11	-3.66	6.44	-6.37

Gujarat Raffia Industries Ltd Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	83.22	88.10	57.76	88.51	105.90	92.43	82.58	58.38	59.94	101.10	40.93	41.92
Inventory Days	205.54	133.67	151.61	144.01	134.33	106.92	97.65	92.87	58.42	120.98	111.68	105.75
Days Payable	47.17	18.27	25.20	23.67	26.73	21.51	46.77	37.99	11.68	39.96	16.06	5.03
Cash Conversion Cycle	241.59	203.50	184.16	208.85	213.51	177.84	133.46	113.26	106.68	182.12	136.54	142.64
Working Capital Days	197.77	119.00	114.66	148.35	105.10	94.79	101.76	61.41	86.66	167.32	124.46	149.38
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

Month	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Promoters	39.26%	39.26%	39.27%	39.27%	39.27%	39.27%	39.55%	39.55%	39.55%	39.55%	39.56%	39.56%
Public	60.74%	60.74%	60.73%	60.73%	60.73%	60.73%	60.46%	60.45%	60.46%	60.45%	60.44%	60.45%
No. of Shareholders	26,970	26,893	28,315	28,315	28,453	28,530	28,460	28,329	28,331	28,259	28,296	28,402

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

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	0.96	1.90	2.07	2.20	0.61
Diluted EPS (Rs.)	0.96	1.90	2.07	2.20	0.61
Cash EPS (Rs.)	3.41	4.27	3.87	4.86	2.84
Book Value[Excl.RevalReserv]/Share (Rs.)	38.18	37.22	35.32	33.25	31.05
Book Value[Incl.RevalReserv]/Share (Rs.)	38.18	37.22	35.32	33.25	31.05
Revenue From Operations / Share (Rs.)	57.20	72.61	70.28	71.78	62.47
PBDIT / Share (Rs.)	4.57	6.70	4.80	5.33	3.82
PBIT / Share (Rs.)	2.12	4.33	3.00	2.67	1.58
PBT / Share (Rs.)	1.23	2.36	2.41	2.32	1.02
Net Profit / Share (Rs.)	0.95	1.90	2.07	2.20	0.60
PBDIT Margin (%)	7.99	9.22	6.82	7.42	6.11
PBIT Margin (%)	3.71	5.96	4.26	3.72	2.53
PBT Margin (%)	2.15	3.25	3.43	3.23	1.63
Net Profit Margin (%)	1.67	2.61	2.94	3.06	0.97
Return on Networth / Equity (%)	2.51	5.10	5.85	6.62	1.95
Return on Capital Employeed (%)	5.02	10.24	8.25	7.70	4.80
Return On Assets (%)	1.99	2.87	3.40	4.86	1.27
Long Term Debt / Equity (X)	0.00	0.12	0.01	0.02	0.04
Total Debt / Equity (X)	0.08	0.62	0.43	0.17	0.08
Asset Turnover Ratio (%)	1.00	1.15	1.33	1.55	1.07
Current Ratio (X)	4.73	1.83	1.80	2.94	2.12
Quick Ratio (X)	2.78	1.15	1.13	2.17	1.34
Inventory Turnover Ratio (X)	2.67	3.21	4.96	4.62	3.18
Interest Coverage Ratio (X)	5.14	3.41	8.18	15.20	6.81
Interest Coverage Ratio (Post Tax) (X)	2.08	1.97	4.53	7.28	2.08
Enterprise Value (Cr.)	24.06	18.60	25.63	23.13	1.62
EV / Net Operating Revenue (X)	0.77	0.47	0.67	0.59	0.04
EV / EBITDA (X)	9.74	5.14	9.89	8.03	0.78
MarketCap / Net Operating Revenue (X)	0.75	0.34	0.48	0.63	0.11
Price / BV (X)	1.14	0.67	0.96	1.38	0.22
Price / Net Operating Revenue (X)	0.75	0.34	0.48	0.63	0.11
EarningsYield	0.02	0.07	0.06	0.04	0.08

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: 50.57

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.

Undervalued: 3.00% compared to the current price 49.1

Intrinsic Value: 57.61

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: 17.33% compared to the current price 49.1

Last 5 Year EPS CAGR: 13.91%

*Investments are subject to market risks

Strength and Weakness of Gujarat Raffia Industries Ltd Stock

Strength	Weakness
The company has shown consistent growth in sales (36.59 cr) and profit (0.98 cr) over the years.	The stock has a low average ROCE of 6.33%, which may not be favorable. The stock has a high average Working Capital Days of 122.56, which may not be favorable. The stock has a high average Cash Conversion Cycle of 170.35, which may not be favorable. The company has higher borrowings (10.95) compared to reserves (10.07), 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 ₹50.57.

What is the Market Cap of Gujarat Raffia Industries Ltd?

The Market Cap of Gujarat Raffia Industries Ltd is 26.5 Cr..

What is the current Stock Price of Gujarat Raffia Industries Ltd as on 27 July 2024?

The current stock price of Gujarat Raffia Industries Ltd as on 27 July 2024 is 49.1.

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 64.2/26.6.

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

The Stock P/E of Gujarat Raffia Industries Ltd is 50.9.

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.