Is La Opala RG a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that La Opala RG Ltd is a good quality company .

Is La Opala RG undervalued or overvalued?

The key valuation ratios of La Opala RG Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is La Opala RG share price return in the past 10 years?

La Opala RG Ltd share price has appreciated 9.3% annually (CAGR) over the past ten years.

Is La Opala RG a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of La Opala RG Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

La Opala RG Ltd - Stock Valuation and Financial Performance

Name: La Opala RG
Brand: La Opala RG

BSE: 526947 | NSE: LAOPALA | Glass | Small Cap

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La Opala R G Share Price

₹381.10 1.85 0.49%
as on 20-Sep'24 16:01

10 Year X-Ray of La Opala R G:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	37.1%	36.6%	26%	22.6%	21.8%	19.5%	10.6%	17%	22.3%	19.2%	-
Value Creation Index ⓘ	1.7	1.6	0.9	0.6	0.6	0.4	-0.3	0.2	0.6	0.4	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	223	249	235	259	278	270	211	323	452	365	352
Sales YoY Gr.	-	11.6%	-5.6%	10.2%	7.3%	-2.9%	-21.8%	52.7%	40.2%	-19.3%	-
Adj EPS ⓘ	3.8	5.3	5.7	6.8	6.4	7.4	4.4	7.6	11	11.2	11.1
YoY Gr.	-	39.6%	8%	19.6%	-6.2%	16%	-40.4%	73.4%	43.8%	2.5%	-
BVPS (₹) ⓘ	16.7	20.9	39.2	45.4	47.7	49.1	60	66.7	69.8	76.7	78.9
Adj Net Profit ⓘ	41.8	58.3	63	75.3	70.6	81.9	48.8	84.7	122	125	123
Cash Flow from Ops. ⓘ	46.7	61	71.8	80.2	50.6	73.2	83.3	99.4	109	68.2	-
Debt/CF from Ops. ⓘ	0.2	0.1	0	0.1	0	0.1	0	0.1	0.1	0.1	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	5.6%	5.6%	20%	-19.3%
Adj EPS ⓘ	12.9%	12.1%	36.7%	2.5%
BVPSⓘ	18.5%	10%	8.6%	9.9%
Share Price	9.3%	17.3%	9.4%	-9.1%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	29.5	27.9	18.9	16	13.7	15.2	8.1	12.1	16.1	15.3	14.2
Op. Profit Mgn % ⓘ	29.5	34.7	37.8	42.1	40.6	38.6	32.5	37.9	36.7	37.1	36.2
Net Profit Mgn % ⓘ	18.7	23.4	26.8	29	25.4	30.3	23.1	26.3	26.9	34.2	34.9
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	-
Working Cap Days ⓘ	102	105	121	114	131	161	172	90	80	128	312
Cash Conv. Cycle ⓘ	73	75	87	78	87	106	110	48	45	93	284

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 20.00%

Net Profit is growing at healthy rate in last 3 years 36.70%

Return on Equity has declined versus last 3 years average to 14.20%

Sales growth is not so good in last 4 quarters at -22.20%

Latest Financials - La Opala RG Ltd.

	Standalone	Consolidated
TTM EPS (₹)	11.1	-
TTM Sales (₹ Cr.)	352	-
BVPS (₹.) ⓘ	78.9	-
Reserves (₹ Cr.) ⓘ	853	-
P/BV ⓘ	4.83	-
PE ⓘ	34.49	-

From the Market
52 Week Low / High (₹)	290.65 / 465.00
All Time Low / High (₹)	0.50 / 487.00
Market Cap (₹ Cr.)	4,230
Equity (₹ Cr.)	22.2
Face Value (₹)	2
Industry PE ⓘ	40.8

Management X-Ray of La Opala R G:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of La Opala R G

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of La Opala R G

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	223	249	235	259	278	270	211	323	452	365
Operating Expenses ⓘ	158	163	148	153	166	166	143	200	287	230
Manufacturing Costs	50	50	49	57	70	66	43	82	119	98
Material Costs	28	25	37	32	22	27	43	38	46	29
Employee Cost	26	32	34	38	44	49	40	53	69	69
Other Costs ⓘ	53	55	27	26	30	25	18	28	52	34
Operating Profit ⓘ	66	86	88	107	112	104	68	122	165	135
Operating Profit Margin (%)	29.4%	34.7%	37.3%	41.1%	40.4%	38.6%	32.4%	37.9%	36.6%	37.1%
Other Income ⓘ	1	1	12	13	17	17	8	19	29	44
Interest ⓘ	1	1	1	1	1	1	0	4	7	6
Depreciation ⓘ	10	9	12	14	16	16	12	14	22	22
Exceptional Items ⓘ	0	0	0	0	0	0	0	-7	0	0
Profit Before Tax ⓘ	56	78	86	105	113	105	64	117	165	152
Tax ⓘ	14	19	24	32	39	20	14	29	42	24
Profit After Tax	42	59	62	73	74	84	50	87	123	128
PAT Margin (%)	18.7%	23.6%	26.4%	28.3%	26.6%	31.2%	23.5%	27.1%	27.2%	35.0%
Adjusted EPS (₹)	3.8	5.3	5.6	6.6	6.7	7.6	4.5	7.9	11.1	11.5
Dividend Payout Ratio (%)	17%	17%	18%	17%	18%	16%	34%	29%	45%	87%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	185	232	435	504	529	545	666	740	775	852
Share Capital ⓘ	11	11	11	22	22	22	22	22	22	22
Reserves ⓘ	174	221	424	481	507	523	644	718	753	829
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	8	6	0	4	1	5	1	14	12	9
Long Term Debt	0	0	0	0	0	0	0	13	8	6
Short Term Debt	8	6	0	4	1	5	1	1	4	3
Trade Payables	5	5	7	10	13	12	13	19	26	9
Others Liabilities ⓘ	31	41	54	59	58	49	62	73	84	58
Total Liabilities ⓘ	229	284	495	577	601	611	742	846	897	927
Fixed Assets
Gross Block	114	165	176	212	219	232	227	243	357	350
Accumulated Depreciation	49	58	68	81	97	110	112	123	139	153
Net Fixed Assetsⓘ	65	107	108	131	121	122	114	119	217	197
CWIP ⓘ	0	1	1	0	2	25	81	108	0	6
Investmentsⓘ	90	95	305	361	356	340	461	535	554	588
Inventories	29	40	34	32	48	55	30	37	76	100
Trade Receivables	23	26	33	41	48	44	38	32	36	25
Cash Equivalents	0	1	2	3	4	4	4	4	4	1
Others Assetsⓘ	21	13	14	9	21	21	14	10	9	11
Total Assets ⓘ	229	284	495	577	601	611	742	846	897	927

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	47	61	72	80	51	73	83	99	109	68
PBT ⓘ	56	78	86	105	113	105	64	117	165	152
Adjustment ⓘ	11	10	3	4	0	0	5	7	8	-16
Changes in Working Capital ⓘ	-6	-8	1	2	-27	-4	33	3	-31	-35
Tax Paid ⓘ	-14	-18	-19	-32	-35	-28	-19	-28	-33	-33
Cash Flow From Investing Activity ⓘ	-97	-49	-52	-69	-32	-45	-79	-75	-69	-25
Capex	-8	-45	-15	-35	-16	-33	-45	-41	-22	-8
Net Investments	-90	-5	-38	-34	-16	-12	-34	-34	-47	-21
Others ⓘ	0	1	1	1	0	0	0	0	0	5
Cash Flow From Financing Activityⓘ	42	-11	-19	-10	-18	-29	-4	-24	-40	-43
Net Proceeds from Shares ⓘ	55	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	13	-1	-3
Interest Paid ⓘ	-1	-1	-1	-1	0	0	0	-4	-7	-6
Dividend Paid ⓘ	-6	-9	-12	-13	-15	-32	0	-33	-31	-33
Others ⓘ	-6	-2	-6	4	-4	3	-4	0	0	-1
Net Cash Flow ⓘ	-9	0	1	1	0	-1	0	0	0	0

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	29.48	28.13	18.65	15.65	14.34	15.69	8.19	12.43	16.23	15.71
ROCE (%)	37.08	36.58	25.95	22.56	21.83	19.49	10.56	16.97	22.34	19.21
Asset Turnover Ratio	1.22	1	0.62	0.48	0.47	0.45	0.31	0.41	0.52	0.4
PAT to CFO Conversion(x)	1.12	1.03	1.16	1.1	0.69	0.87	1.66	1.14	0.89	0.53
Working Capital Days
Receivable Days	36	35	44	52	58	62	70	39	28	30
Inventory Days	46	50	56	46	52	70	73	37	45	88
Payable Days	53	65	55	94	190	172	108	155	178	222

La Opala RG Ltd Stock News

La Opala RG Ltd FAQs

What is the share price of La Opala R G?

Company share prices are keep on changing according to the market conditions. The closing price of La Opala R G on 20-Sep-2024 16:01 is ₹381.1.

What is the market cap of La Opala R G?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Sep-2024 16:01 the market cap of La Opala R G stood at ₹4,230.2.

What is the P/E ratio of La Opala R G?

The latest P/E ratio of La Opala R G as of 20-Sep-2024 16:01 is 34.49.

What is the P/B ratio of La Opala R G?

The latest P/B ratio of La Opala R G as of 20-Sep-2024 16:01 is 4.83.

What is the 52-week high and low of La Opala R G?

The 52-week high of La Opala R G is ₹465.0 and the 52-week low is ₹290.6.

What is the TTM revenue of La Opala R G?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of La Opala R G is ₹351.8 ( Cr.) .

About La Opala RG Ltd

La Opala RG Limited is a public limited Company incorporated in India with its registered office in Kolkata, West Bengal, India. The Company is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). Opal glass making, first perfected in France, was transplanted to India in 1988 by LaOpala, a grand, 70 years presence in the national glass industry. Since then, the company has made it its mission to bring the beauty of opal glass home to Indians and Laopala’s endeavour and commitment has created waves in the lifestyle market.

The company was promoted by the Jhunjhunwala family the main promoter was Sushil Jhunjhunwala and his son Ajit Jhunjhunwala. The company entered the crockery market and introduced a wide range of opalware with a capacity of 688 tonnes per annum at Madhupur Bihar. The main object of the company is to manufacture glass and glass products of all types.

The company with its endeavour to make its presence felt in the international market started exporting its products with the first consignment leaving the Indian port in 1993. Since then the company had registered a phenomenal growth in export and is currently exporting to various countries which includes USA, UK, France, Spain, Italy and Middle East nations.

Business area of the company

The company is a leading manufacturer and marketer of life style product in the glassware segment. The company has spread the wings beyond domestic arena and ventured into the leading market of the world.

Brands of the company

La Opala: is the flagship brand of the Company and caters to entry-level dinner sets, plates, bowls, coffee mugs and other products. La Opala offers two well crafted collections - Melody and Novo.

Diva: Diva offers a premium range of products under five collections - Classique, Ivory, Cosmo, Quadra and Sovrana

Solitaire: ‘Solitaire’ markets crystal glassware.

Awards and accolades

FY2016-17

ET Bengal Corporate Awards (Best Financial Performance)
India’s Most Trusted Dinnerware Brand (The Brand Trust Report, India Study
ET Bengal Corporate Awards (Best Financial Performance)
FE CFO Awards - 2017 (The Financial Express) CAPEXIL (Special Export Awards)

FY2017-18

ET Bengal Awards ( nominated five years out of five, awarded in four)
Best Under a Billion - Forbes, 2013
CAPEXIL Award and EPCH Award year-on-year
India’s Most Trusted Dinnerware Brand (The Brand Trust Report, India Study - 2016)

FY2018-19

ET Bengal Awards (nominated five years out of five, awarded in four)
Best Under a Billion - Forbes, 2013
CAPEXIL Award and EPCHAward year-on-year
India’s Most Trusted Dinnerware Brand (The Brand Trust Report, India Study - 2016 )
FE CFO Awards - 2017 (The Financial Express)

FY2019-20

ET Bengal Awards (nominated six years at a stretch, awarded in all six)
Best Under a Billion - Forbes, 2013
‘Star SME Medium Scale Manufacturing’ by Business Today SME Awards
CAPEXIL Award and EPCH Award year-on-year
India’s Most Trusted Dinnerware Brand (The Brand Trust Report, India Study - 2016)
FE CFO Awards - 2017 and 2019 (The Financial Express)

Milestones

1987: The journey began for La Opala Glass Private Limited.
1988: Pioneering in opal glass technology in India, the first opal glass plant was set up at Madhupur, Bihar
1988: Witnessed overwhelming market acceptance.
1991: La Opala earned the honour of being the first exporter of opal glass Tableware.
1995: La Opala became the first Public Limited tableware company.
1996: Pioneered 24% Lead Crystal Glassware technology in India and set up the first Crystal Glass plant at Madhupur, Bihar.
1996: Launched India's first 24% Lead Crystal Glassware, under the brand name 'Solitaire'.
1997: Became the first Indian company to export 24% Lead Crystal Tableware.
1999: The merger of La Opala Glass Ltd, with Radha Glass & Industries Ltd, forming La Opala RG Ltd.
2005: Received the honour of recognition as Export House from the Government of India.
2007: First Indian Company to supply 24% Lead Crystal Glassware to world renowned Rosenthal.
2007: Fully automatic state-of-the-art plant set up at Sitargung, Uttarakhand, to produce worldclass opal glass tableware.
2008: Witnessed the launch of 'Diva', the hi-tech, worldclass opal brand in the premium segment.
2011: Ranked as 250 among the top 400 small cap companies of India, by Dalal Street.
2012: The company completed the major expansion plan at their Sitargunj, Uttarakhand plant.
2013: Awarded with the prestigious Economic Times Bengal Corporate Awards for the Best Entity in Innovation in Business Model.
2014: La Opala shares were split from Rs 10 face value to Rs 2.
2015: Second additional Furnace with a press line was installed at the Sitargunj Plant.
2016: Grand launch of “SOVRANA” and “QUADRA” from the Sitargunj Plant.
2016: The Decal Plant was set up at the Sitargunj Plant.
2018: The Capacity of the Second Furnace was increased.
2018: Launched the Cosmo Collection - Catering to the HORECA Segment (Hotels, Restaurants & Caterers).
2019: The company commissioned its Sitargunj facility through a mix of debt and internal accruals.