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Last Updated on: 17 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

La Opala RG Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 15, 2024, 2:36 pm

Market Cap 3,651 Cr.
Current Price 329
High / Low406/290
Stock P/E31.6
Book Value 73.6
Dividend Yield1.52 %
ROCE18.7 %
ROE15.3 %
Face Value 2.00
PEG Ratio3.95

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for La Opala RG Ltd

Competitors of La Opala RG Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Empire Industries Ltd 602 Cr. 1,0031,228/80014.2 5102.49 %15.4 %12.6 % 10.0
Borosil Ltd 4,984 Cr. 417516/28471.2 63.50.00 %14.3 %12.1 % 1.00
Agarwal Fortune India Ltd 7.02 Cr. 20.044.6/15.487.8 1.510.00 %18.7 %24.1 % 10.0
La Opala RG Ltd 3,651 Cr. 329406/29031.6 73.61.52 %18.7 %15.3 % 2.00
Borosil Renewables Ltd 5,776 Cr. 442669/403 65.30.00 %3.94 %8.59 % 1.00
Industry Average6,239.00 Cr479.5051.50135.990.72%14.34%14.57%4.17

All Competitor Stocks of La Opala RG Ltd

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales7880329210990821351261098689107
Expenses47532357645749828069515567
Operating Profit31271036453233534640353441
OPM %40%34%30%38%41%36%40%39%36%37%41%39%38%
Other Income53554-31687111012
Interest0001211122212
Depreciation3333445666665
Profit before tax33271236442528524739393845
Tax %23%26%23%25%26%25%27%24%26%25%26%17%2%
Net Profit2520927321920393529293144
EPS in Rs2.281.790.802.462.931.681.813.523.122.632.592.813.98

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales114153176222248235259278270211323452411
Expenses87109126156161146150165166143200280255
Operating Profit27445066868910911310469122172156
OPM %24%29%28%30%35%38%42%40%39%32%38%38%38%
Other Income0-2111111117178122236
Interest4431111110478
Depreciation5671091214161612142223
Profit before tax18324156788610511310564117165162
Tax %31%30%27%25%25%28%30%34%19%23%25%25%
Net Profit1323304259627374845087123124
EPS in Rs1.192.162.833.765.295.606.626.677.594.477.8711.0811.15
Dividend Payout %17%16%18%17%17%18%17%18%16%34%29%45%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)76.92%30.43%40.00%40.48%5.08%17.74%1.37%13.51%-40.48%74.00%41.38%
Change in YoY Net Profit Growth (%)0.00%-46.49%9.57%0.48%-35.39%12.66%-16.37%12.14%-53.99%114.48%-32.62%

La Opala RG Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:8%
5 Years:6%
3 Years:20%
TTM:-14%
Compounded Profit Growth
10 Years:15%
5 Years:12%
3 Years:36%
TTM:-7%
Stock Price CAGR
10 Years:4%
5 Years:19%
3 Years:1%
1 Year:-15%
Return on Equity
10 Years:15%
5 Years:14%
3 Years:15%
Last Year:15%

Last Updated: Unknown

Balance Sheet

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital111111111122222222222222
Reserves6387174221424481507523644718753829
Borrowings3014860415215139
Other Liabilities2833364660697161749110966
Total Liabilities132145229284495577601611742846897927
Fixed Assets647365107108131121122114119217197
CWIP1261102258110806
Investments809095305361356340461535554588
Other Assets5969688082841221248684126137
Total Assets132145229284495577601611742846897927

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +3139476172805173839910968
Cash from Investing Activity +-29-8-97-49-52-69-32-45-79-75-69-25
Cash from Financing Activity +-2-2342-11-19-10-18-29-4-24-40-43
Net Cash Flow08-90110-1-0-000

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow27.0014.0036.0058.0080.0089.00105.00112.0099.0067.00107.00159.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days444538385158635965372925
Inventory Days5133643853703363628077572553535961,280
Days Payable6645604265114215167111185206111
Cash Conversion Cycle4923643633673223056556502092054191,193
Working Capital Days6769525473628391461544102
ROCE %43%40%37%37%26%23%21%19%10%17%22%19%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters65.64%65.64%65.64%65.64%65.64%65.64%65.64%65.64%65.64%65.64%65.64%65.64%
FIIs6.14%6.39%6.00%5.28%4.67%4.31%3.96%1.75%1.68%1.47%1.58%1.54%
DIIs15.08%14.58%14.52%15.03%15.21%15.26%15.88%18.90%19.44%19.25%20.43%19.95%
Public13.13%13.39%13.83%14.04%14.46%14.79%14.51%13.69%13.22%13.63%12.33%12.86%
No. of Shareholders41,04554,52562,59465,68667,44970,07470,98469,29768,06972,45877,59068,437

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
HDFC Small Cap Fund - Regular Plan7,613,6871.39322.521,978,1102024-11-16284.9%
DSP Small Cap Fund6,121,8222.19259.321,978,1102024-11-16209.48%
UTI Mid Cap Fund1,978,1100.9683.791,978,1102024-11-160%
Nippon India Small Cap Fund1,882,2050.2179.731,978,1102024-11-16-4.85%
Aditya Birla Sun Life Multi-Cap Fund643,5250.6227.261,978,1102024-11-16-67.47%
ITI Small Cap Fund325,6990.8413.81,978,1102024-11-16-83.53%
Bank of India Small Cap Fund264,0001.5511.181,978,1102024-11-16-86.65%
ITI Multi Cap Fund175,6451.137.441,978,1102024-11-16-91.12%
Bank of India Multi Cap Fund83,1761.153.521,978,1102024-11-16-95.8%
WhiteOak Capital Mid Cap Fund82,3330.313.491,978,1102024-11-16-95.84%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)11.5111.087.874.477.59
Diluted EPS (Rs.)11.5111.087.874.477.59
Cash EPS (Rs.)13.4613.049.105.579.03
Book Value[Excl.RevalReserv]/Share (Rs.)76.7169.8166.7159.9849.11
Book Value[Incl.RevalReserv]/Share (Rs.)76.7169.8166.7159.9849.11
Dividend / Share (Rs.)10.005.002.301.501.20
Revenue From Operations / Share (Rs.)32.8940.7529.0719.0324.33
PBDIT / Share (Rs.)16.2117.4712.746.8910.92
PBIT / Share (Rs.)14.2615.5111.515.799.48
PBT / Share (Rs.)13.6714.8410.505.769.43
Net Profit / Share (Rs.)11.5111.087.874.477.59
PBDIT Margin (%)49.2742.8743.8236.1944.88
PBIT Margin (%)43.3338.0639.5830.4038.96
PBT Margin (%)41.5636.4136.1030.2838.75
Net Profit Margin (%)34.9827.1827.0723.4631.20
Return on Networth / Equity (%)14.9915.8611.797.4415.45
Return on Capital Employeed (%)17.6320.6416.249.2218.40
Return On Assets (%)13.7713.7110.326.6813.78
Long Term Debt / Equity (X)0.010.010.010.000.00
Total Debt / Equity (X)0.010.010.010.000.01
Asset Turnover Ratio (%)0.400.510.400.310.44
Current Ratio (X)20.278.517.128.289.23
Quick Ratio (X)16.917.316.517.637.84
Inventory Turnover Ratio (X)0.921.941.920.710.96
Dividend Payout Ratio (NP) (%)0.0025.2738.110.0031.61
Dividend Payout Ratio (CP) (%)0.0021.4732.950.0026.57
Earning Retention Ratio (%)0.0074.7361.890.0068.39
Cash Earning Retention Ratio (%)0.0078.5367.050.0073.43
Interest Coverage Ratio (X)27.7925.8934.74301.42210.95
Interest Coverage Ratio (Post Tax) (X)20.7317.4224.22196.40147.68
Enterprise Value (Cr.)3310.963777.833848.522456.471658.32
EV / Net Operating Revenue (X)9.078.3511.9311.636.14
EV / EBITDA (X)18.4019.4827.2232.1213.68
MarketCap / Net Operating Revenue (X)9.058.3311.9011.646.14
Retention Ratios (%)0.0074.7261.880.0068.38
Price / BV (X)3.884.875.183.693.04
Price / Net Operating Revenue (X)9.058.3411.9011.646.14
EarningsYield0.030.030.020.020.05

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of La Opala RG Ltd as of November 17, 2024 is: 361.25

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.

As of November 17, 2024, La Opala RG Ltd is Undervalued by 9.80% compared to the current share price 329.00

Intrinsic Value of La Opala RG Ltd as of November 17, 2024 is: 390.13

Calculation basis:

  • Intrinsic 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 intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 17, 2024, La Opala RG Ltd is Undervalued by 18.58% compared to the current share price 329.00

Last 5 Year EPS CAGR: 8.00%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 26.17%, which is a positive sign.
  2. The company has higher reserves (452.00 cr) compared to borrowings (8.92 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (257.85 cr) and profit (87.85 cr) over the years.
  1. The stock has a high average Working Capital Days of 63.17, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 362.67, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in La Opala RG Ltd:
    1. Net Profit Margin: 34.98%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 17.63% (Industry Average ROCE: 14.34%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 14.99% (Industry Average ROE: 14.57%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 20.73
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 16.91
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 31.6 (Industry average Stock P/E: 51.5)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.01
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

La Opala RG Ltd. is a Public Limited Listed company incorporated on 11/06/1987 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L26101WB1987PLC042512 and registration number is 042512. Currently Company is involved in the business activities of Manufacture of table or kitchen glassware. Company’s Total Operating Revenue is Rs. 322.69 Cr. and Equity Capital is Rs. 22.20 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Glass & Glass ProductsEco Centre, 8th Floor, Kolkata West Bengal 700091info@laopala.in
http://www.laopala.in
Management
NamePosition Held
Mr. Sushil JhunjhunwalaChairman
Mr. Ajit JhunjhunwalaManaging Director
Mrs. Nidhi JhunjhunwalaExecutive Director
Mr. Subir BoseNon Executive Director
Prof. Santanu RayNon Executive Director
Ms. Suparna ChakraborttiNon Executive Director
Mr. Rajiv GujralNon Executive Director
Mr. Arun ChuriwalNon Executive Director

FAQ

What is the latest intrinsic value of La Opala RG Ltd?

The latest intrinsic value of La Opala RG Ltd as on 17 November 2024 is ₹361.25, which is 9.80% higher than the current market price of ₹329.00.

What is the Market Cap of La Opala RG Ltd?

The Market Cap of La Opala RG Ltd is 3,651 Cr..

What is the current Stock Price of La Opala RG Ltd as on 17 November 2024?

The current stock price of La Opala RG Ltd as on 17 November 2024 is ₹329.

What is the High / Low of La Opala RG Ltd stocks in FY 2024?

In FY 2024, the High / Low of La Opala RG Ltd stocks is 406/290.

What is the Stock P/E of La Opala RG Ltd?

The Stock P/E of La Opala RG Ltd is 31.6.

What is the Book Value of La Opala RG Ltd?

The Book Value of La Opala RG Ltd is 73.6.

What is the Dividend Yield of La Opala RG Ltd?

The Dividend Yield of La Opala RG Ltd is 1.52 %.

What is the ROCE of La Opala RG Ltd?

The ROCE of La Opala RG Ltd is 18.7 %.

What is the ROE of La Opala RG Ltd?

The ROE of La Opala RG Ltd is 15.3 %.

What is the Face Value of La Opala RG Ltd?

The Face Value of La Opala RG Ltd is 2.00.

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 La Opala RG 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