Raasi Refractories Ltd - Stock Valuation and Financial Performance

BSE: 502271 | NSE: | Refractories | Small Cap

Raasi Refractories Share Price

21.60 0.00 0.00%
as on 16-Dec'24 16:59

DeciZen - make an informed investing decision on Raasi Refractories

M-Cap below 100cr DeciZen not available

Raasi Refractories stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
10.2 Cr.
52-wk low:
18.7
52-wk high:
54.7

Is Raasi Refractories Ltd an attractive stock to invest in?

1. Is Raasi Refractories Ltd a good quality company?

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

2. Is Raasi Refractories Ltd undervalued or overvalued?

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

3. Is Raasi Refractories Ltd a good buy now?

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

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.
Raasi Refractories 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 % -74.8%2.2%-1.8%21.1%26.7%12.4%10.3%10.4%14.7%17.6%-
Value Creation
Index
NANANA0.50.9-0.1-0.3-0.30.10.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 13.29.77.221.841.348.220.962.959.140.343
Sales YoY Gr.--26.8%-25.2%200.8%89.8%16.8%-56.6%200.8%-6.1%-31.7%-
Adj EPS -36-10.5-6.71.54.92.60.82.41.80.6-4
YoY Gr.-NANANA234.9%-47.2%-70.9%225.3%-25%-65.6%-
BVPS (₹) -34.5-39.6-46.3-45-36.5-33.9-33.2-30.7-28.9-28.3-28
Adj Net
Profit
-17-5-3.20.72.31.20.41.20.90.3-2
Cash Flow from Ops. -6.5-3.41.1-6.40.910.84.50.321.80.7-
Debt/CF from Ops. -5.1-11.439.8-6.756.34.19.6162.11.240.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 13.2%-0.5%24.5%-31.7%
Adj EPS NA-33.6%-5.7%-65.6%
BVPSNANANANA
Share Price 14.1% 38.9% 22.2% 4.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
217.728.415.7-3.2-12-7.3-2.2-7.7-6.2-2.214.3
Op. Profit
Mgn %
-120.1-23.410.525.812.88.714.95.36.28.23.1
Net Profit
Mgn %
-128.3-51.2-43.93.25.62.51.71.81.50.7-4.4
Debt to
Equity
-2.1-2.1-1.9-2-3-2.8-2.8-3.2-2-2.2-
Working Cap
Days
5487021,102688420237449174215355170
Cash Conv.
Cycle
404373579298228190343124138201-6

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 14.30%

Sales growth is growing at healthy rate in last 3 years 24.48%

Sales growth is good in last 4 quarters at 48.48%

No data to display

Latest Financials - Raasi Refractories Ltd.

Standalone Consolidated
TTM EPS (₹) -4 -
TTM Sales (₹ Cr.) 42.5 -
BVPS (₹.) -28 -
Reserves (₹ Cr.) -18 -
P/BV -0.77 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 18.66 / 54.74
All Time Low / High (₹) 0.55 / 127.50
Market Cap (₹ Cr.) 10.2
Equity (₹ Cr.) 4.7
Face Value (₹) 10
Industry PE 37.2

Management X-Ray of Raasi Refractories:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *99.8299.8299.8299.8299.8299.8299.8299.8299.8299.82
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Raasi Refractories

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
Sales13.219.677.2321.7541.2748.2220.9162.8959.0740.33
Operating Expenses 29.0711.936.4716.1535.9844.0517.7959.5855.4337.01
Manufacturing Costs0.923.392.473.533.739.405.630.730.690.67
Material Costs24.615.832.689.6729.0927.848.4942.3844.3128.91
Employee Cost 2.101.550.330.430.720.150.140.220.250.22
Other Costs 1.441.150.982.512.456.663.5216.2410.177.20
Operating Profit -15.86-2.260.765.605.284.173.123.313.643.32
Operating Profit Margin (%) -120.0%-23.4%10.5%25.8%12.8%8.7%14.9%5.3%6.2%8.2%
Other Income 00.110.070.030.070.050.060.050.060.07
Interest 0.052.822.823.743.512.302.492.512.232.36
Depreciation 1.041.071.191.210.290.300.290.290.430.80
Exceptional Items 03.63002.4900000
Profit Before Tax -16.95-2.40-3.180.694.051.620.400.561.040.23
Tax 000000.410.05-0.590.17-0.06
Profit After Tax -16.95-2.40-3.180.694.051.210.351.150.860.30
PAT Margin (%) -128.0%-24.9%-43.9%3.2%9.8%2.5%1.7%1.8%1.5%0.7%
Adjusted EPS (₹)-36.0-5.1-6.71.58.62.60.82.41.80.6
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 -16.25-18.65-21.83-21.19-17.19-15.97-15.62-14.47-13.61-13.31
Share Capital 4.714.714.714.714.714.714.714.714.714.71
Reserves -20.96-23.36-26.54-25.90-21.90-20.69-20.34-19.19-18.32-18.03
Minority Interest0000000000
Debt24.1736.1036.6942.8352.1844.4043.5045.6326.9729.38
Long Term Debt24.1736.1036.6921.6636.6829.7128.9027.1011.6114.02
Short Term Debt00021.1715.5114.7014.6018.5215.3715.37
Trade Payables5.898.9210.1015.290.780.621.716.6912.3516.96
Others Liabilities 15.857.019.6931.7710.916.576.796.6620.6420.85
Total Liabilities 29.6633.3934.6568.6946.6835.6136.3844.5146.3653.87

Fixed Assets

Gross Block21.6825.9525.9526.1426.1526.3726.3826.3827.8028.25
Accumulated Depreciation16.1917.2618.4519.6619.9520.2520.5420.8321.2622.06
Net Fixed Assets5.498.697.496.486.206.125.845.556.546.19
CWIP 2.542.602.652.662.682.682.682.682.682.68
Investments 0000000000
Inventories5.266.318.3114.735.857.128.718.270.337.70
Trade Receivables12.7911.9913.4727.1424.8313.8612.3722.6134.4031.58
Cash Equivalents 0.381.780.641.420.951.042.162.161.651.99
Others Assets3.212.012.0916.276.184.814.623.230.763.74
Total Assets 29.6633.3934.6568.6946.6835.6136.3844.5146.3653.87

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -6.52-3.431.06-6.370.9310.754.520.2821.830.73
PBT -16.92-2.40-3.180.641.561.620.400.561.040.23
Adjustment 1.093.843.944.933.672.552.722.752.603.09
Changes in Working Capital 9.32-4.860.3-11.94-4.36.581.4-3.0318.19-2.59
Tax Paid 0000000000
Cash Flow From Investing Activity 0.73-4.280.03-0.190.15-0.580.010.10-1.46-0.44
Capex -0.25-4.33-0.04-0.21-0.04-0.2200-1.42-0.45
Net Investments 0.98000000000
Others 00.050.070.020.19-0.360.010.10-0.040.01
Cash Flow From Financing Activity 5.679.11-2.236.93-1.20-10.08-3.40-0.39-20.880.05
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 5.7211.930.58-4.90-0.99-6.97-0.80-1.80-15.502.41
Interest Paid -0.05-2.82-2.82-3.74-3.51-2.30-2.49-2.51-2.23-2.36
Dividend Paid 0000000000
Others 00015.573.30-0.81-0.103.93-3.160
Net Cash Flow -0.111.40-1.140.38-0.120.081.130-0.510.34
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
ROCE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio0.480.340.210.420.721.170.581.561.30.8
PAT to CFO Conversion(x)N/AN/AN/A-9.230.238.8812.910.2425.382.43
Working Capital Days
Receivable Days242419635341230146229102176299
Inventory Days2351953651939149138492736
Payable Days884641,2934791019503678185

Raasi Refractories Ltd Stock News

Raasi Refractories Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Raasi Refractories on 16-Dec-2024 16:59 is ₹21.60.
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 16-Dec-2024 16:59 the market cap of Raasi Refractories stood at ₹10.18.
The latest P/E ratio of Raasi Refractories as of 16-Dec-2024 16:59 is 0.00.
The latest P/B ratio of Raasi Refractories as of 16-Dec-2024 16:59 is -0.77.
The 52-week high of Raasi Refractories is ₹54.74 and the 52-week low is ₹18.66.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Raasi Refractories is ₹42.51 ( Cr.) .

About Raasi Refractories Ltd

Established in 1981, Raasi Refractories Limited (RRL) is a leading manufacturer and developer of high-quality refractory bricks and allied products. RRL manufactures high-quality refractory bricks and allied products for a wide range of applications in iron, steel, cement, non-ferrous, induction furnaces, petrochemical, fertiliser, power, aluminium and other related industry sectors. Raasi is the only publicly traded company in the sector in India.

RRL's wide range of refractory bricks and allied products include fire clay bricks, high alumina bricks, high alumina mortars, dense alumina bricks, magnesia carbon bricks, mortars and spinel bricks, direct bonded basic bricks, silica bricks, basic monolithics, spraying masses, pre-cast shapes, zircon mortars, patch ramming masses and dense castables.

Raasi Refractories is an experienced player in the manufacture of refractory bricks and allied products. It has a large production facility over an area of about 100 acres of land at Narketpally near Hyderabad.

The company has a huge production facility spread over 100 acres and equipped with state-of-the-art manufacturing facilities. The company has a production capacity of 70,000t of fired bricks, unfired bricks and 15,000t of monolithics.

Product range of the company includes:

  • Fire Clay Bricks- RRL offers a wide range of high-quality fire clay bricks used in reheating furnace bricks, fire clay bricks for steel casting pits, boilers, coke oven bricks, blast furnaces, induction furnaces, kilns, ladles, foundries, boilers, combustion chambers, etc. The fire clay bricks have Al 2O3% raging from 34 to 47, Fe2O3% ranging from 1.5 to 2.0, and apparent porosity percent ranging from 16 to 25.
  • High Alumina Bricks- Its high alumina bricks are used in steel refining furnaces, glass tanks, ceramic kilns, enamel kilns, rotary cement kilns and other various kilns and furnaces. The high alumina bricks have Al2O3% ranging from 50 to 99, Fe2O3% ranging from 0.2 to 3.0, and apparent porosity percent ranging from 15 to 23.
  • Special Basic Refractory- RRL supplies a wide range of refractory products that include alumina chrome refractory, alumina carbon refractory, alumina magnesia carbon refractory, dense magnesite chrome refractory, direct bonded magnesite chrome refractory, chrome magnesite bricks and magnesite alumina bricks.These special basic refractory products are used in OHF side walls, reheating furnaces, high temperature positions in rolling reheating furnaces, EAF roofs, rotary furnace linings, and harsh abrasive positions by billets in forges, hearth furnaces, antinomy furnaces and AOD working linina.
  • Magnesia Carbon Bricks- The magnesia carbon bricks have a wide range of applications that include LD converter wear lining, VAD / LF ladle slag areas, ladle bottom impact UHP / EBT-EAF slang line and hotspot areas. The variety of magnesia carbon bricks offered includes normal density magnesia carbon bricks, metal line magnesia carbon bricks for steel ladles and slag line magnesia carbon bricks for steel ladles.
  • Magnesite, Magnesite Chrome and Chrome Bricks- RRL supplies a wide variety of magnesite bricks, dense magnesite bricks, low iron magnesite bricks, chrome bricks and magnesite chromes bricks used in back up lining bricks for EAF, ladles, converters chemically bonded with steel clad, glass regenerators, OH roofs and EAF free boards.Silica Bricks. The company supplies silica normal bricks for general purpose, coke ovens and silica dense bricks for coke ovens.
  • Basic Mortars, Ramming Felting And Patching Masses The basic mortars, ramming felting and patching masses are used for laying magnesite bricks, mag bricks, chrome mag bricks, chromite bricks and as neutral layers between silica and basic bricks.

RRL supplies mag-chrome patching mass for worn out portion of induction furnaces, magnesite ramming mass for hot cold repair of furnaces and magnesite felting material for repair of furnaces.

RRL offers fireclay and high alumina mortars that are used for general mortar purpose, sillimanite mortar and low iron content mortar applications. The company also offers a wide range of high alumina, zircon mortars, patch ramming masses and plastic materials used in a wide range of applications.

Special Products:

  • High Alumina, Zircon and Alumina Carbon Nozzles
  • Stopper Heads, Porus Plugs (Zirmul, silicon Carbide)
  • Silica Bricks 99% with less than 0.5% al203 & Fe203
  • Mullite Alumina Bushes with 3% Porasity
  • High Alumina Porus Plugs
  • High Alumina (94%) Insulation Bricks
  • Thermo Insulation Dense Bricks (Tempered Bricks)
  • Bobble Alumina Insulation Bricks
  • Dense Alumina Bricks to use in (Aneeling Furnace Heart)
  • Low Cement Castables
  • Ultra Low Cement Castables

Clientele

  • Birla Technical  Services
  • Concast india ltd.
  • Holtec Engineers
  • Mukand Ltd
  • M N Dastur & Company
  • Tata Korf Engg Services Ltd
  • Thermax
  • Bhilai Steel Plant
  • Durgapur Steel Plant
  • Visakhapatnam Steel Plant
  • Jindal Vijayanagar Steel Ltd
  • Southern Iron & Steel Co. Ltd
  • Midhani Limited
  • Tamilnadu Steel Ltd
  • Hospet Steels Ltd
  • Ispat Profiles India Ltd, and many more
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
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.