About the Company - Ruchira Papers Ltd
Ruchira Papers Ltd. is a Public Limited Listed company incorporated on 08/12/1980 and has its registered office in the State of Himachal Pradesh, India. Company’s Corporate Identification Number(CIN) is L21012HP1980PLC004336 and registration number is 004336. Currently Company is involved in the business activities of Manufacture of paper and paper products. Company’s Total Operating Revenue is Rs. 612.86 Cr. and Equity Capital is Rs. 25.20 Cr. for the Year ended 31/03/2022.
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Paper & Paper Products | Trilokpur Road, Kala Amb, Sirmour District Himachal Pradesh 173030 | investor@ruchirapapers.com http://www.ruchirapapers.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Subhash Chander Garg | Co-Chairman & WholeTime Director |
| Mr. Jatinder Singh | Chairman & Wholetime Director |
| Mr. Umesh Chander Garg | Managing Director |
| Mr. Dalbir Singh | Independent Director |
| Mr. Surinder Kumar Gupta | Independent Director |
| Mr. Swatantar Kumar Dewan | Independent Director |
| Mr. Vipin Gupta | Executive Director & CFO |
| Mr. Avtar Singh | Independent Director |
| Mrs. Suhasini Yadav | Independent Director |
| Ms. Ruchica Garg Kumar | Director - Marketing |
| Mr. Deepan Garg | Director - Technical |
| Mr. Daljeet Singh Mandhan | Director - Commercial |
| Mr. Kapil Gupta | Independent Director |
| Mr. Ashwani Kumar Agarwa | Independent Director |
Basic Stock Data of Ruchira Papers Ltd
Last Updated: September 8, 2024, 5:22 am
| Market Cap | 400 Cr. |
|---|---|
| Current Price | 134 |
| High / Low | 164/91.1 |
| Stock P/E | 5.85 |
| Book Value | 138 |
| Dividend Yield | 3.76 % |
| ROCE | 24.0 % |
| ROE | 19.7 % |
| Face Value | 10.0 |
| PEG Ratio | 0.42 |
Data Source: screener.in
Competitors of Ruchira Papers Ltd
| Stock Name | Market Cap | Current Price | High / Low | Stock P/E | Book Value | Dividend Yield | ROCE | ROE | Face Value |
|---|---|---|---|---|---|---|---|---|---|
| Gratex Industries Ltd | 5.76 Cr. | 19.0 | 26.0/13.0 | 96.0 | 11.5 | 0.00 % | 4.54 % | 3.18 % | 10.0 |
| Ganga Papers India Ltd | 104 Cr. | 96.4 | 191/70.2 | 70.3 | 27.0 | 0.00 % | 6.93 % | 5.22 % | 10.0 |
| Encode Packaging India Ltd | 5.04 Cr. | 16.0 | 18.7/6.35 | 26.6 | 10.6 | 0.00 % | 3.24 % | 3.34 % | 10.0 |
| Cella Space Ltd | 24.3 Cr. | 12.1 | 15.4/7.73 | 26.1 | 10.3 | 0.00 % | 10.7 % | % | 10.0 |
| Bandaram Pharma Packtech Ltd | 53.8 Cr. | 44.8 | 47.8/27.8 | 52.2 | 10.2 | 0.22 % | 9.10 % | 12.6 % | 10.0 |
| Industry Average | 1,978.28 | N/A | 32.18 | N/A | N/A | 25.18 | 11.14 | N/A |
Ruchira Papers Ltd Quarterly Results
| Month | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 99 | 117 | 141 | 126 | 148 | 148 | 191 | 199 | 221 | 202 | 181 | 169 | 170 |
| Expenses | 95 | 112 | 125 | 115 | 134 | 135 | 164 | 178 | 189 | 175 | 151 | 135 | 151 |
| Operating Profit | 4 | 5 | 17 | 11 | 14 | 13 | 26 | 20 | 31 | 28 | 30 | 34 | 19 |
| OPM % | 4% | 5% | 12% | 9% | 9% | 9% | 14% | 10% | 14% | 14% | 16% | 20% | 11% |
| Other Income | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 1 |
| Interest | 2 | 1 | 1 | 2 | 2 | 2 | 1 | 2 | 2 | 1 | 1 | 1 | 1 |
| Depreciation | 3 | 4 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Profit before tax | -1 | 1 | 13 | 6 | 9 | 8 | 22 | 16 | 27 | 23 | 25 | 29 | 14 |
| Tax % | 44% | 23% | 23% | 25% | 25% | 26% | 26% | 26% | 25% | 25% | 25% | 25% | 25% |
| Net Profit | -1 | 0 | 10 | 5 | 7 | 6 | 16 | 12 | 20 | 17 | 19 | 22 | 11 |
| EPS in Rs | -0.28 | 0.15 | 3.70 | 1.69 | 2.47 | 2.12 | 5.82 | 4.04 | 6.67 | 5.78 | 6.32 | 7.29 | 3.55 |
Last Updated: August 11, 2024, 11:08 am
Ruchira Papers Ltd Quarterly Chart
Ruchira Papers Ltd Profit & Loss
Last Updated: August 11, 2024, 11:08 am
| 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 | 283 | 296 | 318 | 345 | 361 | 416 | 447 | 494 | 481 | 415 | 613 | 803 | 678 |
| Expenses | 242 | 245 | 270 | 306 | 313 | 352 | 373 | 412 | 437 | 390 | 549 | 694 | 582 |
| Operating Profit | 40 | 51 | 49 | 39 | 47 | 64 | 74 | 82 | 44 | 25 | 64 | 109 | 96 |
| OPM % | 14% | 17% | 15% | 11% | 13% | 15% | 17% | 17% | 9% | 6% | 10% | 14% | 14% |
| Other Income | 1 | 2 | 2 | 1 | 1 | 1 | 4 | 1 | 2 | 1 | 1 | 2 | 2 |
| Interest | 20 | 17 | 14 | 10 | 7 | 8 | 8 | 8 | 7 | 6 | 6 | 5 | 4 |
| Depreciation | 11 | 11 | 12 | 10 | 10 | 11 | 12 | 13 | 14 | 14 | 14 | 15 | 16 |
| Profit before tax | 11 | 25 | 25 | 20 | 32 | 46 | 58 | 62 | 25 | 6 | 45 | 91 | 78 |
| Tax % | 34% | 33% | 40% | 37% | 39% | 30% | 35% | 36% | -9% | 19% | 26% | 25% | |
| Net Profit | 8 | 16 | 15 | 13 | 19 | 32 | 38 | 40 | 27 | 5 | 33 | 68 | 58 |
| EPS in Rs | 3.07 | 6.66 | 6.19 | 5.19 | 7.88 | 13.16 | 15.39 | 15.07 | 10.25 | 1.87 | 11.95 | 22.66 | 19.58 |
| Dividend Payout % | 0% | 14% | 18% | 23% | 17% | 16% | 13% | 14% | 0% | 49% | 15% | 22% |
Ruchira Papers Ltd Profit & Loss Yearly Chart
Ruchira Papers Ltd Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 6% |
| 3 Years: | 17% |
| TTM: | -18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 4% |
| 3 Years: | 115% |
| TTM: | -27% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 14% |
| 3 Years: | 15% |
| 1 Year: | 24% |
| Return on Equity | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 12% |
| 3 Years: | 15% |
| Last Year: | 12% |
Last Updated: January 12, 2024, 6:10 am
Ruchira Papers Ltd Balance Sheet
Last Updated: August 11, 2024, 11:08 am
| 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 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 24 | 24 | 24 | 25 | 30 | 30 |
| Reserves | 48 | 61 | 74 | 83 | 98 | 130 | 169 | 220 | 240 | 246 | 281 | 351 | 382 |
| Borrowings | 124 | 106 | 93 | 71 | 73 | 61 | 88 | 75 | 68 | 76 | 66 | 42 | 29 |
| Other Liabilities | 53 | 61 | 67 | 70 | 74 | 87 | 86 | 92 | 69 | 68 | 87 | 86 | 87 |
| Total Liabilities | 248 | 251 | 256 | 247 | 267 | 300 | 366 | 411 | 401 | 414 | 460 | 508 | 528 |
| Fixed Assets | 162 | 156 | 152 | 148 | 173 | 178 | 228 | 231 | 234 | 235 | 251 | 296 | 291 |
| CWIP | -0 | 0 | -0 | 1 | -0 | 3 | 3 | 3 | 5 | 30 | 27 | 4 | 6 |
| Investments | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Other Assets | 86 | 95 | 103 | 98 | 94 | 119 | 136 | 177 | 162 | 149 | 182 | 208 | 232 |
| Total Assets | 248 | 251 | 256 | 247 | 267 | 300 | 366 | 411 | 401 | 414 | 460 | 508 | 528 |
Ruchira Papers Ltd Reserves and Borrowings Chart
Ruchira Papers 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 | 43 | 31 | 38 | 40 | 33 | 47 | 23 | 38 | 34 | 35 | 62 | 41 |
| Cash from Investing Activity | -4 | -6 | -5 | -32 | -19 | -59 | -15 | -18 | -38 | -26 | -36 | -26 |
| Cash from Financing Activity | -37 | -27 | -34 | -9 | -14 | 11 | -8 | -20 | 3 | -9 | -26 | -16 |
| Net Cash Flow | 3 | -1 | -1 | -0 | 0 | -0 | 0 | 0 | -1 | -0 | 0 | -0 |
Ruchira Papers 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 | 52 | 50 | 36 | 35 | 38 | 39 | 47 | 48 | 57 | 41 | 38 | 44 |
| Inventory Days | 68 | 74 | 71 | 64 | 76 | 92 | 102 | 86 | 92 | 78 | 56 | 82 |
| Days Payable | 36 | 36 | 34 | 24 | 27 | 25 | 22 | 20 | 27 | 21 | 10 | 11 |
| Cash Conversion Cycle | 84 | 88 | 73 | 75 | 88 | 105 | 126 | 114 | 122 | 99 | 83 | 114 |
| Working Capital Days | 50 | 53 | 46 | 43 | 61 | 65 | 83 | 88 | 91 | 81 | 71 | 102 |
| ROCE % | 22% | 21% | 17% | 21% | 27% | 27% | 24% | 10% | 4% | 14% | 24% | 16% |
Ruchira Papers Ltd Financial Efficiency Indicators Chart
Ruchira Papers Ltd Share Holding Pattern
| Month | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 64.07% | 65.43% | 65.43% | 66.69% | 67.88% | 68.67% | 68.67% | 68.67% | 68.67% | 68.67% | 68.67% | 68.67% |
| FIIs | 0.58% | 0.63% | 0.56% | 0.32% | 0.83% | 0.86% | 0.91% | 0.68% | 1.12% | 0.87% | 0.85% | 0.86% |
| Public | 35.35% | 33.94% | 34.01% | 32.99% | 31.29% | 30.47% | 30.41% | 30.64% | 30.19% | 30.45% | 30.48% | 30.47% |
| No. of Shareholders | 20,902 | 19,907 | 20,841 | 20,832 | 28,225 | 29,001 | 27,847 | 27,273 | 28,046 | 27,564 | 28,613 | 30,430 |
Ruchira Papers Ltd Shareholding Pattern Chart
No. of Ruchira Papers Ltd Shareholders
This stock is not held by any mutual fund
Ruchira Papers Ltd ROCE Trend
Ruchira Papers Ltd EPS Trend
Ruchira Papers Ltd Key Financial Ratios
| Month | Mar 23 | Mar 22 | Mar 21 | Mar 20 | Mar 19 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 22.66 | 13.13 | 2.06 | 11.29 | 17.43 |
| Diluted EPS (Rs.) | 22.66 | 12.89 | 2.06 | 11.29 | 17.43 |
| Cash EPS (Rs.) | 27.78 | 18.86 | 7.74 | 16.94 | 21.99 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 127.48 | 122.83 | 111.39 | 109.09 | 100.75 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 127.48 | 122.83 | 111.39 | 109.09 | 100.75 |
| Dividend / Share (Rs.) | 5.00 | 2.00 | 1.00 | 0.00 | 2.25 |
| Revenue From Operations / Share (Rs.) | 268.96 | 243.16 | 171.29 | 198.34 | 203.69 |
| PBDIT / Share (Rs.) | 37.17 | 25.82 | 10.63 | 18.80 | 34.64 |
| PBIT / Share (Rs.) | 32.06 | 20.09 | 4.94 | 13.15 | 29.24 |
| PBT / Share (Rs.) | 30.37 | 17.67 | 2.55 | 10.36 | 25.74 |
| Net Profit / Share (Rs.) | 22.66 | 13.13 | 2.06 | 11.29 | 16.59 |
| PBDIT Margin (%) | 13.82 | 10.61 | 6.20 | 9.48 | 17.00 |
| PBIT Margin (%) | 11.91 | 8.26 | 2.88 | 6.62 | 14.35 |
| PBT Margin (%) | 11.29 | 7.26 | 1.48 | 5.22 | 12.63 |
| Net Profit Margin (%) | 8.42 | 5.39 | 1.20 | 5.69 | 8.14 |
| Return on Networth / Equity (%) | 17.77 | 10.68 | 1.84 | 10.34 | 16.46 |
| Return on Capital Employeed (%) | 22.86 | 14.18 | 3.74 | 10.45 | 23.59 |
| Return On Assets (%) | 13.30 | 7.19 | 1.20 | 6.82 | 9.78 |
| Long Term Debt / Equity (X) | 0.00 | 0.03 | 0.05 | 0.02 | 0.05 |
| Total Debt / Equity (X) | 0.11 | 0.18 | 0.23 | 0.22 | 0.24 |
| Asset Turnover Ratio (%) | 1.66 | 1.40 | 1.02 | 1.18 | 1.27 |
| Current Ratio (X) | 2.31 | 1.77 | 1.58 | 1.68 | 1.60 |
| Quick Ratio (X) | 1.34 | 0.85 | 0.80 | 0.87 | 0.84 |
| Inventory Turnover Ratio (X) | 6.29 | 5.37 | 3.80 | 4.00 | 4.08 |
| Dividend Payout Ratio (NP) (%) | 8.02 | 7.32 | 0.00 | 19.93 | 12.53 |
| Dividend Payout Ratio (CP) (%) | 6.54 | 5.10 | 0.00 | 13.27 | 9.46 |
| Earning Retention Ratio (%) | 91.98 | 92.68 | 0.00 | 80.07 | 87.47 |
| Cash Earning Retention Ratio (%) | 93.46 | 94.90 | 0.00 | 86.73 | 90.54 |
| Interest Coverage Ratio (X) | 22.08 | 10.68 | 4.44 | 6.65 | 10.37 |
| Interest Coverage Ratio (Post Tax) (X) | 14.46 | 6.43 | 1.86 | 4.97 | 6.02 |
| Enterprise Value (Cr.) | 320.26 | 345.49 | 216.15 | 139.45 | 314.54 |
| EV / Net Operating Revenue (X) | 0.39 | 0.56 | 0.52 | 0.28 | 0.63 |
| EV / EBITDA (X) | 2.89 | 5.31 | 8.39 | 3.06 | 3.74 |
| MarketCap / Net Operating Revenue (X) | 0.34 | 0.47 | 0.36 | 0.17 | 0.51 |
| Retention Ratios (%) | 91.97 | 92.67 | 0.00 | 80.06 | 87.46 |
| Price / BV (X) | 0.73 | 0.93 | 0.56 | 0.31 | 1.05 |
| Price / Net Operating Revenue (X) | 0.34 | 0.47 | 0.36 | 0.17 | 0.51 |
| EarningsYield | 0.24 | 0.11 | 0.03 | 0.33 | 0.15 |
Ruchira Papers Ltd Profitability Ratios (%)
Ruchira Papers Ltd Liquidity Ratios
Ruchira Papers Ltd Liquidity Ratios (%)
Ruchira Papers Ltd Interest Coverage Ratios (X)
Ruchira Papers Ltd Valuation Ratios
Fair Value
Fair Value: ₹165.02
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: 23.15% compared to the current price ₹134.00
Intrinsic Value: 187.83
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 intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.
Undervalued: 40.17% compared to the current price ₹134.00
Last 5 Year EPS CAGR: 13.82%
*Investments are subject to market risks
Strength and Weakness of Ruchira Papers Ltd
| Strength | Weakness |
|---|---|
|
|
Should I Buy Ruchira Papers Ltd Share Now?
- 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 Ruchira Papers Ltd:
- Net Profit Margin: 8.42%
- 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.
- ROCE: 22.86% (Industry Average ROCE: 25.18%)
- 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.
- ROE%: 17.77% (Industry Average ROE: 11.14%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 14.46
- 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.
- Quick Ratio: 1.34
- 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.
- Stock P/E: 5.85 (Industry average Stock P/E: 32.18)
- 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.
- Total Debt / Equity: 0.11
- 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.
Stock Rating: - Net Profit Margin: 8.42%
