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Last Updated on: 04 March, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Rajshree Polypack Ltd

About the Company - Rajshree Polypack Ltd

Rajshree Polypack Ltd. is a Public Limited Listed company incorporated on 15/10/2011 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L25209MH2011PLC223089 and registration number is 223039. Currently Company is involved in the business activities of Manufacture of plastics products. Company’s Total Operating Revenue is Rs. 198.56 Cr. and Equity Capital is Rs. 11.23 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Plastics - Sheets/FilmsLodha Supremus Unit No 503-504 5th Floor, Road No. 22 Kishan Nagar, Thane Maharashtra 400604cosec@rajshreepolypack.com
http://www.rajshreepolypack.com
Management
NamePosition Held
Mr. Ramswaroop Radheshyam ThardPromoter, Chairman & Managing Director
Mr. Naresh Radheshyam ThardJoint Managing Director
Mr. Anand Sajjankumar RungtaWhole Time Director
Mr. Rajesh Satyanarayan MurarkaInd. Non-Executive Director
Mr. Pradeep Kumar GuptaInd. Non-Executive Director
Ms. Yashvi ShahInd. Non-Executive Director
Mr. Praveen BhatiaInd. Non-Executive Director
Mr. Alain Edmond BersetNon Exe. & Nominee Director

Rajshree Polypack Ltd. Share Price Update

Share PriceValue
Today₹236.00
Previous Day₹238.75

Basic Stock Data of Rajshree Polypack Ltd

Market Cap 355 Cr.
Current Price 103
High / Low115/46.3
Stock P/E36.6
Book Value 39.1
Dividend Yield0.16 %
ROCE11.2 %
ROE8.84 %
Face Value 10.0

Data Source: screener.in

Competitors of Rajshree Polypack Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Amco India Ltd 26.5 Cr. 64.572.9/48.680.3 86.10.00 %4.24 %1.48 % 10.0
Tainwala Chemicals & Plastics (India) Ltd 131 Cr. 140167/99.053.9 1180.00 %2.74 %2.17 % 10.0
Premier Polyfilm Ltd 466 Cr. 222254/68.025.3 39.60.22 %19.6 %17.0 % 5.00
Industry Average207.83 Cr142.1753.1781.230.07%8.86%6.88%8.33

Rajshree Polypack Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales30.5446.1848.6750.2248.1851.4968.3065.1753.9064.8372.6967.5064.82
Expenses26.1440.1841.8743.8841.6445.2857.7757.3047.4856.4464.6959.1956.16
Operating Profit4.406.006.806.346.546.2110.537.876.428.398.008.318.66
OPM %14.41%12.99%13.97%12.62%13.57%12.06%15.42%12.08%11.91%12.94%11.01%12.31%13.36%
Other Income0.761.320.420.420.080.180.280.460.600.930.730.800.85
Interest0.300.480.760.710.690.941.281.671.942.122.132.101.93
Depreciation1.962.182.953.022.592.483.163.273.643.853.813.893.92
Profit before tax2.904.663.513.033.342.976.373.391.443.352.793.123.66
Tax %17.93%29.83%25.64%25.74%24.85%25.93%25.43%27.14%27.08%22.69%25.09%26.28%25.14%
Net Profit2.383.272.602.262.512.204.762.471.062.582.092.292.74
EPS in Rs2.122.912.312.012.231.964.242.160.932.251.832.002.39

Rajshree Polypack Ltd Quarterly Chart

Rajshree Polypack Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales123039659595112125126127199252270
Expenses10273556757592106108109173219236
Operating Profit2349202021191818263333
OPM %14%9%10%13%21%21%18%15%14%14%13%13%12%
Other Income0100011223123
Interest-0014432211378
Depreciation0134455678111415
Profit before tax12-01121414141212131513
Tax %23%21%85%34%34%36%29%22%19%27%26%25%
Net Profit12-0189101199101110
EPS in Rs1.962.40-0.040.909.923.714.003.122.752.612.843.172.83
Dividend Payout %-0%-0%-0%-0%17%13%15%11%12%13%6%5%

Rajshree Polypack Ltd Profit & Loss Yearly Chart

Rajshree Polypack Ltd Growth

Compounded Sales Growth
10 Years:24%
5 Years:18%
3 Years:26%
TTM:11%
Compounded Profit Growth
10 Years:19%
5 Years:3%
3 Years:6%
TTM:-33%
Stock Price CAGR
10 Years:%
5 Years:20%
3 Years:29%
1 Year:59%
Return on Equity
10 Years:12%
5 Years:10%
3 Years:9%
Last Year:9%

Rajshree Polypack Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital2222388111111111111
Reserves20212122293139818996105119123
Preference Capital100000000000
Borrowings112253029252115821508881
Other Liabilities44910151718171541264543
Total Liabilities27405765768286124124169192263258
Fixed Assets473437384745444687105126123
CWIP0340000042200
Investments1300000000026
Other Assets2127182738354180747985135130
Total Assets27405765768286124124169192263258

Rajshree Polypack Ltd Reserves and Borrowings Chart

Rajshree Polypack Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -017141312129014
Cash from Investing Activity -0-7-13-3-376-25-19-39
Cash from Financing Activity -0-5-8-1027-961833
Net Cash Flow-05-8028-10-18

Rajshree Polypack Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days1386953535449666166765459
Inventory Days1696398765295626566105131170
Days Payable1415572585153644847705054
Cash Conversion Cycle1677679705591657785111135175
Working Capital Days159666851314347667836103109
ROCE %9%3%10%28%27%24%18%12%11%11%11%

Rajshree Polypack Ltd Financial Efficiency Indicators Chart

No data available for the Shareholding

No data available for the Shareholding Pattern chart.

No data available for the No. of Shareholders chart.

This stock is not held by any mutual fund

Rajshree Polypack Ltd ROCE Trend

Rajshree Polypack Ltd EPS Trend

Rajshree Polypack Ltd Key Financial Ratios

MonthMar 23Mar 22
FaceValue10.0010.00
Basic EPS (Rs.)9.448.50
Diluted EPS (Rs.)9.448.50
Cash EPS (Rs.)21.5118.35
Book Value[Excl.RevalReserv]/Share (Rs.)113.61103.03
Book Value[Incl.RevalReserv]/Share (Rs.)113.61103.03
Revenue From Operations / Share (Rs.)220.27176.75
PBDIT / Share (Rs.)30.8424.02
PBIT / Share (Rs.)18.6914.20
PBT / Share (Rs.)12.5711.44
Net Profit / Share (Rs.)9.358.52
NP After MI And SOA / Share (Rs.)9.318.52
PBDIT Margin (%)14.0013.59
PBIT Margin (%)8.488.03
PBT Margin (%)5.706.47
Net Profit Margin (%)4.244.82
NP After MI And SOA Margin (%)4.224.82
Return on Networth / Equity (%)8.198.26
Return on Capital Employeed (%)12.8511.16
Return On Assets (%)4.054.98
Long Term Debt / Equity (X)0.150.10
Total Debt / Equity (X)0.560.33
Asset Turnover Ratio (%)0.001.11
Current Ratio (X)1.291.61
Quick Ratio (X)0.600.74
Inventory Turnover Ratio (X)0.004.42
Dividend Payout Ratio (NP) (%)5.370.00
Dividend Payout Ratio (CP) (%)2.320.00
Earning Retention Ratio (%)94.630.00
Cash Earning Retention Ratio (%)97.680.00
Interest Coverage Ratio (X)5.048.70
Interest Coverage Ratio (Post Tax) (X)2.534.09
Enterprise Value (Cr.)225.88247.02
EV / Net Operating Revenue (X)0.891.24
EV / EBITDA (X)6.409.15
MarketCap / Net Operating Revenue (X)0.631.06
Retention Ratios (%)94.620.00
Price / BV (X)1.241.81
Price / Net Operating Revenue (X)0.631.06
EarningsYield0.060.04

Rajshree Polypack Ltd Profitability Ratios (%)

Rajshree Polypack Ltd Liquidity Ratios

Rajshree Polypack Ltd Liquidity Ratios (%)

Rajshree Polypack Ltd Interest Coverage Ratios (X)

Rajshree Polypack Ltd Valuation Ratios

Fair Value / Intrinsic Value of Rajshree Polypack Ltd

Fair Value: ₹126.71

The stock is undervalued by 23.02% compared to the current price ₹103

*Investments are subject to market risks

Strength and Weakness of Rajshree Polypack Ltd

StrengthWeakness
  1. The company has higher reserves (61.23 cr) compared to borrowings (0.08 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (119.00 cr) and profit (9.46 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 16.45 and average Dividend Yield of 8.26%.
  2. The stock has a low average ROCE of 13.67%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 71.42, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 98.83, which may not be favorable.

Should I Buy Rajshree Polypack Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Rajshree Polypack Ltd:
    1. Net Profit Margin: 4.24%
      • 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: 12.85% (Industry Average ROCE: 11.17%)
      • 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. Interest Coverage Ratio (Post Tax): 2.53
      • 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.
    4. Quick Ratio: 0.60
      • 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.
    5. ✓ Stock P/E: 32.9 (Industry average Stock P/E: 38.2)
      • 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.
    6. ✓ Total Debt / Equity: 0.56
      • 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 suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

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 Rajshree Polypack 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