Rishi Techtex Ltd - Stock Valuation and Financial Performance

BSE: 523021 | NSE: RISHIPACK | Plastic Products | Small Cap

Rishi Techtex Share Price

48.99 1.98 4.21%
as on 21-Feb'25 16:59

DeciZen - make an informed investing decision on Rishi Techtex

M-Cap below 100cr DeciZen not available

Rishi Techtex stock performance -

P/E Ratio (SA):
23.45
Market Cap:
36.2 Cr.
52-wk low:
41
52-wk high:
72.5

Is Rishi Techtex Ltd an attractive stock to invest in?

1. Is Rishi Techtex Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Rishi Techtex Ltd is a average quality company.

2. Is Rishi Techtex Ltd undervalued or overvalued?

The key valuation ratios of Rishi Techtex Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Rishi Techtex Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Rishi Techtex Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Rishi Techtex:

Analysis of Financial Track Record

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Rishi Techtex Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE %
11%12.7%14.7%14.6%15.5%10.4%6.5%8.7%7.2%8.7%-
Value Creation
Index
-0.2-0.10.10.10.1-0.3-0.5-0.4-0.5-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales
48.561.759.366.68476.281.1101107112120
Sales YoY Gr.
-27.3%-3.9%12.3%26.1%-9.2%6.4%24.4%5.9%4.6%-
Adj EPS
2.12.83.43.33.91.20.51.61.21.72.1
YoY Gr.
-30.8%21.1%-1.5%15.9%-70%-57.8%230.6%-27.8%47.9%-
BVPS (₹)
25.728.327.330.234.135.43839.841.343.144.7
Adj Net
Profit
1.21.62.42.52.90.90.41.20.91.32
Cash Flow from Ops.
2.43.73.26.26.54.50.8585.7-
Debt/CF from Ops.
4.82.53.32.52.94.528.54.63.24.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 9.7%5.9%11.3%4.6%
Adj EPS -2.3%-14.9%52.3%47.9%
BVPS5.9%4.8%4.3%4.4%
Share Price 18.9% 13.1% 22.7% 15.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
8.710.513.311.8123.41.44.22.94.14.8
Op. Profit
Mgn %
8.67.69.19.59.786.16.35.66.66.8
Net Profit
Mgn %
2.42.64.13.73.41.10.51.20.81.21.3
Debt to
Equity
0.80.60.50.70.70.80.80.80.80.8-
Working Cap
Days
16513915816915118318014915015374
Cash Conv.
Cycle
1079174858811211810210110221

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 4.80%

Sales growth is growing at healthy rate in last 3 years 11.29%

Net Profit is growing at healthy rate in last 3 years 52.27%

Debt to equity has declined versus last 3 years average to 0.79

Sales growth is not so good in last 4 quarters at 8.44%

Latest Financials - Rishi Techtex Ltd.

Standalone Consolidated
TTM EPS (₹) 2.1 -
TTM Sales (₹ Cr.) 120 -
BVPS (₹.) 44.7 -
Reserves (₹ Cr.) 26 -
P/BV 1.09 -
PE 23.45 -
From the Market
52 Week Low / High (₹) 41.00 / 72.50
All Time Low / High (₹) 1.30 / 99.00
Market Cap (₹ Cr.) 36.2
Equity (₹ Cr.) 7.4
Face Value (₹) 10
Industry PE 35.6

Quarterly Results

 Mar'24 YoY Gr. Rt. %Jun'24 YoY Gr. Rt. %Sep'24 YoY Gr. Rt. %Dec'24 YoY Gr. Rt. %
Sales (₹ Cr.) 579 14.3611 11.1665 13.4624 10.5
Adj EPS (₹) 3.4 13.93.6 11.83.9 9.93.7 13.9
Op. Profit Mgn % 21.12 16 bps21.64 70 bps22.62 -28 bps22.35 10 bps
Net Profit Mgn % 15.94 -5 bps15.75 9 bps15.72 -51 bps15.90 44 bps

Management X-Ray of Rishi Techtex:

Shareholding Pattern

JavaScript chart by amCharts 3.21.5
JavaScript chart by amCharts 3.21.5Promoters:34.45%Institutions:0%Non-Institutions:65.55%

Promoter's Holding & Share Pledging

JavaScript chart by amCharts 3.21.5Sep22Dec22Mar23Jun23Sep23Dec23Mar24Jun24Sep24Dec240%10%20%30%40%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Rishi Techtex

MRP
spaceLock icon
MOS
spaceLock icon%
DP
spaceLock icon
Base EPS
spaceLock icon
DPS
spaceLock icon
MRP: ₹ 0
DP: ₹0
Base EPS ₹:
DPS ₹:
MOS (%):
Expected EPS Growth Rate:
0%
Base 0%
50%
Expected Rate of Return:
0%
Base 0%
50%
Future PE:
0
Base 0
200
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max

Event Update

Login/Register to view analysis.

Analyst's Notes

No data found!

Key Ratios of Rishi Techtex

Adj EPS (Rs.)

Sales (Cr.)

Price Chart, Live Stock Chart, Technical Chart of

ROE (%)

ROCE (%)

Price Chart, Live Stock Chart, Technical Chart of
Company Name CMP(₹)
Change ₹(%)
Market Cap
Net Sales (₹ Cr.)
Latest EPS (₹)
Net Profit Margin %
Latest P/E
Latest P/BV
Finolex Inds 186.5 -2.7 (-1.4%) Small Cap 4,317 12.7 9.6 14.9 1.7
EPL 237.8 2.7 (1.1%) Small Cap 3,916 8.4 6.3 28.1 3.3
Jain Irrigation Sys 61.2 -2 (-3.1%) Small Cap 3,821 0.3 1.3 196.2 0.9
Nilkamal 1,628.4 -21.7 (-1.3%) Small Cap 3,196 72.2 3.7 22.8 1.7
Time Technoplast 399.3 -5 (-1.2%) Small Cap 2,633 7.9 5.8 51.3 5
Prince Pipes & Fitti 276.4 5.2 (1.9%) Small Cap 2,569 6.7 6.6 40.7 1.9
Huhtamaki India 197.7 -3.2 (-1.6%) Small Cap 2,549 11.7 5.8 17.2 1.3
Ddev Plastiks Ind. 262.9 -3.2 (-1.2%) Small Cap 2,431 18.9 7 14.1 3.5
Cosmo First 675.6 -10.6 (-1.5%) Small Cap 2,391 28.4 1.1 24.2 1.5
Garware Hi-Tech 4,195.8 181.9 (4.5%) Small Cap 1,582 139.2 10.5 28.8 4.2
Shows rows:

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales48.4661.6959.2866.5883.9776.2281.07100.86106.84111.74
Operating Expenses 44.2857.0353.8860.2975.8470.1576.1094.51100.89104.35
Manufacturing Costs3.824.364.054.765.864.965.315.825.877.35
Material Costs33.7445.5842.6946.7658.5452.6059.0875.5580.9582.23
Employee Cost 3.544.084.155.726.647.897.859.1410.1610.27
Other Costs 3.18333.054.804.703.8643.914.49
Operating Profit 4.184.675.406.298.136.084.976.355.947.39
Operating Profit Margin (%) 8.6%7.6%9.1%9.4%9.7%8.0%6.1%6.3%5.6%6.6%
Other Income 0.220.210.190.220.140.410.160.230.410.23
Interest 1.551.381.221.802.292.482.532.352.672.63
Depreciation 1.601.671.481.551.951.7922.132.432.72
Exceptional Items 0.070.1000000000
Profit Before Tax 1.321.942.893.164.042.220.602.091.252.27
Tax 00.180.440.631.121.220.180.780.140.92
Profit After Tax 1.321.752.452.532.9210.421.321.111.35
PAT Margin (%) 2.7%2.8%4.1%3.8%3.5%1.3%0.5%1.3%1.0%1.2%
Adjusted EPS (₹)2.43.03.53.44.01.40.61.81.51.8
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 14.2016.4319.3522.2925.2026.1928.0729.3830.5031.85
Share Capital 5.525.807.097.397.397.397.397.397.397.39
Reserves 8.6810.6312.2614.9017.8118.8020.6821.9923.1124.45
Minority Interest0000000000
Debt10.318.429.6214.7617.6219.1719.0620.3723.5223.29
Long Term Debt2.371.092.212.331.712.954.596.104.352.58
Short Term Debt7.947.327.4112.4315.9116.2214.4714.2719.1720.71
Trade Payables9.029.039.988.177.748.478.058.449.889.43
Others Liabilities 4.564.777.607.727.398.787.888.608.888.26
Total Liabilities 38.0838.6446.5552.9357.9662.6163.0766.8072.7772.82

Fixed Assets

Gross Block32.1333.5735.3342.1743.4848.2149.2353.7657.2758.07
Accumulated Depreciation20.2421.7423.2224.7726.7126.3828.3829.6932.0434.70
Net Fixed Assets11.8911.8412.1117.4016.7721.8320.8524.0725.2323.37
CWIP 002.661.652.1700.60000
Investments 0.440.390.400.370.360.210.210.200.180.17
Inventories13.8014.1815.7016.9120.8224.4725.9625.6426.8926.23
Trade Receivables7.627.299.0910.0410.189.1110.341214.0216.04
Cash Equivalents 1.181.091.250.911.930.910.920.931.311.40
Others Assets3.173.845.335.655.726.094.203.975.145.61
Total Assets 38.0838.6446.5552.9357.9662.6163.0766.8072.7772.82

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 2.433.723.176.206.524.510.785.037.985.68
PBT 1.321.942.893.164.042.220.602.091.252.27
Adjustment 2.862.732.272.963.954.574.444.514.625.08
Changes in Working Capital -1.75-0.58-1.550.71-0.35-1.06-4.08-0.792.24-0.74
Tax Paid 0-0.37-0.44-0.63-1.12-1.22-0.18-0.78-0.14-0.92
Cash Flow From Investing Activity 0.71-1.26-4.53-5.71-1.70-4.09-1.59-4.46-3.63-0.63
Capex -0.05-1.51-4.42-5.82-1.84-4.68-1.61-4.72-3.50-0.86
Net Investments 0.620.05-0.030.0300.150000
Others 0.140.21-0.090.090.140.440.020.26-0.130.23
Cash Flow From Financing Activity -2.94-2.551.52-0.66-3.73-1.460.69-0.57-4.35-5.06
Net Proceeds from Shares 00.722.600.52000000
Net Proceeds from Borrowing 0000-0.621.241.641.51-1.75-1.78
Interest Paid -1.55-1.38-1.22-1.80-2.29-2.48-2.53-2.35-2.67-2.63
Dividend Paid 0000000000
Others -1.39-1.890.130.62-0.82-0.231.580.260.07-0.66
Net Cash Flow 0.21-0.080.16-0.171.09-1.04-0.1100-0.01
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)9.7611.4413.712.1512.33.881.544.593.724.33
ROCE (%)10.9612.7214.6714.6315.5110.396.468.657.228.65
Asset Turnover Ratio1.381.711.51.361.511.261.291.551.531.53
PAT to CFO Conversion(x)1.842.131.292.452.234.511.863.817.194.21
Working Capital Days
Receivable Days50414752444644404449
Inventory Days9478858882108114939087
Payable Days49366271505651404143

Rishi Techtex Ltd Stock News

Rishi Techtex Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Rishi Techtex on 21-Feb-2025 16:59 is ₹48.99.
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 21-Feb-2025 16:59 the market cap of Rishi Techtex stood at ₹36.21.
The latest P/E ratio of Rishi Techtex as of 21-Feb-2025 16:59 is 23.45.
The latest P/B ratio of Rishi Techtex as of 21-Feb-2025 16:59 is 1.09.
The 52-week high of Rishi Techtex is ₹72.50 and the 52-week low is ₹41.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Rishi Techtex is ₹119.8 ( Cr.) .

About Rishi Techtex Ltd

Rishi Packers is a multiproduct company established in 1984 and operating in India for over 20 years.Their yarn, fabric and bag manufacturing plant are located in Daman and Silvasa, about 180 km from Mumbai and features latest technology extrusion, weaving & knitting.

They are one of the leading manufacturers and exporters of Shade Net, Windbreaker net, Bird Net, Hail net, Scaffolding nets, Crop Protection nets, Woven sacks & fabrics having largest installed capacity in India for there products.

Their main buyers are cement and petrochemical companies in India including Grasim, ACC, DCM Shriram, etc and they export to many countries worldwide. The company has done pioneering work in the field of bulk packing and has many (credits) firsts to its name in developing bags for Cement, Milk Powder, Polymers, etc. it produces 25 million bags per year.

Different division of the company

  • Woven Division: It is one of Pioneer in Woven Sack Industry supplying to various Blue Chip Companies in India to cater the packing requirement in Cement, Petrochemical & other Industries. In the Woven Division, it has capacity to process about 5000 MT per annum.
  • Knitted Division: As a part of Diversification six years back, the company started its new initiative for 'Plastics in Agriculture & Technical Textiles' by setting up the Knitted fabrics Division. Today it is the leading company in India for Shade & Protection nets with 50% share of Indian market. The company has a reputed Brand “KrishiNet” & excellent dealer network channel for its sales. Basically the products are used in Agriculture, Nursery, Horticulture, Building & Construction, Decoration markets etc. Apart from that, the company exports its products to UK, Middle East, Central America, Portugal, Africa, Australia and New Zealand.

Product range of the company:

Knitted, Woven Bages, Rachel Bags

The company manufactures and exports Shade Net, Windbreaker net, Bird Net, Hail net, Scaffolding nets, Crop Protection nets, Woven sacks & fabrics

The product range of the company has application in industry, agriculture, horticulture, civil engineering, packaging and constructions etc.

The company exports its products to various countries like Sri Lanka, UK, Portugal, Africa, Central America, Middle East, Australia, and New Zealand.

Achievements/ recognition:

Awarded under the QC 100 Total Quality Management Model, Quality Crown in the Gold category by Business Initiative Directions, Spain towards its commitments for Quality.

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2025 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.
Loading...
Hold on