Rishi Laser Ltd - Stock Valuation and Financial Performance

BSE: 526861 | NSE: | Engineering - Industrial Equipments | Small Cap

Rishi Laser Share Price

143 -2.40 -1.65%
as on 21-Nov'24 16:59

DeciZen - make an informed investing decision on Rishi Laser

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Rishi Laser stock performance -

mw4me loader
P/E Ratio (SA):
16.02
Market Cap:
133.7 Cr.
52-wk low:
64.8
52-wk high:
177.7

Is Rishi Laser Ltd an attractive stock to invest in?

1. Is Rishi Laser Ltd a good quality company?

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

2. Is Rishi Laser Ltd undervalued or overvalued?

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

3. Is Rishi Laser Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Rishi Laser 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 Laser:

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 Laser Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % -6.6%-2.4%9.4%6.9%15.2%0.3%1.3%15.9%33.9%36.4%-
Value Creation
Index
-1.5-1.2-0.3-0.50.1-1.0-0.90.11.41.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 88.890.395.912014191.274.4117134140142
Sales YoY Gr.-1.7%6.2%25.3%17%-35.2%-18.4%57%14.8%4.5%-
Adj EPS -14.7-8.8-0.2-0.23.7-6.6-3.30.45.29.59.1
YoY Gr.-NANANANA-278%NANA1352.8%81.5%-
BVPS (₹) 29.320.638.514.116.712.81111.316.326.430.6
Adj Net
Profit
-13.5-8-0.2-0.23.4-6.1-30.34.88.78
Cash Flow from Ops. 7.32.38.511.64.94.42.27.64.58.9-
Debt/CF from Ops. 7.217.33.82.443.56.21.71.61.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 5.2%-0.1%23.5%4.5%
Adj EPS NA20.6%NA81.5%
BVPS-1.2%9.6%33.9%61.6%
Share Price 26.3% 62.1% 114.4% 96.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
-40.3-35-0.6-0.59.5-17.1-9.10.911.417.731.8
Op. Profit
Mgn %
2.33.35.54.14.8-3.32.14.36.38.58.3
Net Profit
Mgn %
-15.2-8.9-0.2-0.22.4-6.7-40.33.66.25.9
Debt to
Equity
22.10.92.11.31.31.31.30.50.40.1
Working Cap
Days
20116514412912216916797757445
Cash Conv.
Cycle
866831151213-10-9-6-37

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 31.80%

Sales growth is growing at healthy rate in last 3 years 23.50%

Debt to equity has declined versus last 3 years average to 0.41

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -1.19%

Latest Financials - Rishi Laser Ltd.

Standalone Consolidated
TTM EPS (₹) 9.1 5.4
TTM Sales (₹ Cr.) 142 134
BVPS (₹.) 30.6 0
Reserves (₹ Cr.) 19 6
P/BV 4.74 0.00
PE 16.02 27.04
From the Market
52 Week Low / High (₹) 64.75 / 177.70
All Time Low / High (₹) 1.00 / 206.00
Market Cap (₹ Cr.) 134
Equity (₹ Cr.) 9.2
Face Value (₹) 10
Industry PE 57.5

Management X-Ray of Rishi Laser:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *37.7037.7037.7037.7037.7037.700.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Rishi Laser

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales8990961201419174117134140
Operating Expenses 8787911151349473112126128
Manufacturing Costs13141521251815202323
Material Costs51505267784942707978
Employee Cost 17171821242113172023
Other Costs 6656763444
Operating Profit 23557-325812
Operating Profit Margin (%) 2.3%3.1%5.3%4.1%4.8%-3.3%2.1%4.2%6.3%8.4%
Other Income 1033321221
Interest 9654432332
Depreciation 9544444332
Exceptional Items 0020051000
Profit Before Tax -14-81-12-3-2058
Tax -100-1-20000-1
Profit After Tax -13-8103-3-2059
PAT Margin (%) -14.5%-8.8%1.1%-0.2%2.4%-2.9%-3.0%0.2%3.7%6.2%
Adjusted EPS (₹)-14.1-8.71.2-0.23.7-2.9-2.40.25.39.5
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 27193535373432404554
Share Capital 9999999999
Reserves 18102626282523313545
Minority Interest0000000000
Debt443226191086407
Long Term Debt82926191086407
Short Term Debt35300000000
Trade Payables20192831353130272424
Others Liabilities 16151620221718221611
Total Liabilities 107851041041058986938497

Fixed Assets

Gross Block112106126127125124118123119123
Accumulated Depreciation67667072737272676566
Net Fixed Assets45395755535247565456
CWIP 2210000000
Investments 8232212513
Inventories181012121410911911
Trade Receivables27262425291818151615
Cash Equivalents 1213024127
Others Assets5477766634
Total Assets 107851041041058986938497

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 72812542859
PBT -14-8-1-12-3-2058
Adjustment 1611116324655
Changes in Working Capital 5-1-270512-5-4
Tax Paid -1000000000
Cash Flow From Investing Activity 11-3-1013-76-6
Capex 01-1-3-113-32-4
Net Investments 10-21000-34-1
Others 0000000000
Cash Flow From Financing Activity -8-2-7-9-7-4-3-4-100
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -52000000000
Interest Paid -9-6-5-2-1-1-1-2-2-3
Dividend Paid 0000000000
Others 6-16-2-7-5-3-2-2-83
Net Cash Flow 01-12-212-313
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)-38.67-34.633.87-0.7824.27-19.3-20.211.9738.6344.41
ROCE (%)-6.6-2.389.46.8915.180.281.2515.9333.9136.43
Asset Turnover Ratio0.841.041.111.181.340.940.851.311.511.55
PAT to CFO Conversion(x)N/AN/A8N/A1.67N/AN/AN/A11
Working Capital Days
Receivable Days109978672709489524140
Inventory Days70523936334849322726
Payable Days166144163160155246265148119113

Rishi Laser Ltd Stock News

Rishi Laser Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Rishi Laser on 21-Nov-2024 16:59 is ₹143.0.
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-Nov-2024 16:59 the market cap of Rishi Laser stood at ₹133.7.
The latest P/E ratio of Rishi Laser as of 21-Nov-2024 16:59 is 16.02.
The latest P/B ratio of Rishi Laser as of 21-Nov-2024 16:59 is 4.74.
The 52-week high of Rishi Laser is ₹177.7 and the 52-week low is ₹64.75.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Rishi Laser is ₹142.0 ( Cr.) .

About Rishi Laser Ltd

Rishi Laser Ltd. was incorporated on April 20, 1992 under the name Alandi Metapress Pvt. Ltd. The company was converted to a public limited company on  June 30, 1993 and the name of the company was then changed to Rishi Laser Cutting Limited to have a group synergy finally the company changed its name to the present in 2007.

Rishi Laser, manufactures fully-integrated sheet metal and heavy metal components and assemblies using German-made Trumpf CNC laser-cutting machines, CNC Bending machines and CNC Plasma / Flame Cutting machines.

The availability of facilities for Welding, Powder-Coating, Painting, Plating and Assembly under one roof enables it to deliver finished products at short notice. It has a skilled work force of over 150 employees with over 20 Engineers. Delivering custom-made products in time has been their tradition.

The Company now has state-of -the-art steel processing facilities at Pune, Bangalore, Vadodara and Nashik.From programming and designing to supply of complete painted fabrication, They can provide TOTAL Solutions.

Rishi is the largest Laser job shop in India having FIVE LASER CUTTING MACHINES

Services offered by the company:
  • CNC Laser Cutting 
  • Milling Center 
  • CNC Bending 
  • CNC Plasma/Flame Cutting 
  • Welding 
  • Design & Development 
  • Punching
  • Sheet Steel Fabrication      
  • Bending
  • Laser Cutting                       
  • Oxyfuel/Plasma Cutting     
  • Surface Treatment
The company caters to spectrum of Industry:
  • Railways  
  • Earthmoving Machinery
  • Automotive
  • Power Plant Equipments
  • Telecommunications and Instrumentation
  • Textile and General Engineering
Achievements/ recognition:
  • An ISO 9001:2000 certified company

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