Is Ram Ratna Wires a good quality company?

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

Is Ram Ratna Wires undervalued or overvalued?

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

What is Ram Ratna Wires share price return in the past 10 years?

Ram Ratna Wires Ltd share price has appreciated 38.1% annually (CAGR) over the past ten years.

Is Ram Ratna Wires a good buy now?

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

Ram Ratna Wires Ltd - Stock Valuation and Financial Performance

Name: Ram Ratna Wires
Brand: Ram Ratna Wires

BSE: 522281 | NSE: RAMRAT | Metal - Non Ferrous | Small Cap

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Ram Ratna Wires Share Price

₹580.35 -3.30 -0.57%
as on 20-Dec'24 16:59

10 Year X-Ray of Ram Ratna Wires:

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 ^P

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 % ⓘ	17.5%	15.4%	19.3%	17%	11.8%	9.1%	8.2%	17.6%	17.3%	19.8%	-
Value Creation Index ⓘ	0.3	0.1	0.4	0.2	-0.2	-0.4	-0.4	0.3	0.2	0.4	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	741	719	801	1,027	1,250	1,255	1,387	2,013	2,328	2,615	2,865
Sales YoY Gr.	-	-3%	11.4%	28.3%	21.7%	0.4%	10.5%	45.1%	15.7%	12.3%	-
Adj EPS ⓘ	2.1	2	4.9	5.8	3.4	3	3.1	10.6	9.6	10.9	12.4
YoY Gr.	-	-1.9%	139.7%	18.8%	-40.8%	-12.5%	2.7%	242.1%	-8.8%	13.2%	-
BVPS (₹) ⓘ	15.1	16.8	28.4	37.7	41.5	40.3	44.9	60.2	69.1	91	93.4
Adj Net Profit ⓘ	9.2	9	21.5	25.6	15.2	13.2	13.6	46.5	42.4	48	55
Cash Flow from Ops. ⓘ	22.4	24.6	20.6	1.6	-3.4	64.3	-37.1	152	68.4	145	-
Debt/CF from Ops. ⓘ	5	4.7	7.2	136	-79.7	3.7	-8.3	1.3	2.8	0.7	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	15%	15.9%	23.5%	12.3%
Adj EPS ⓘ	20.2%	26%	52.3%	13.2%
BVPSⓘ	22.1%	17%	26.6%	31.7%
Share Price	38.1%	75.1%	95.4%	99.6%

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 % ⓘ	14.5	12.8	21.7	17.6	8.7	7.4	7.3	20.1	14.9	13.6	13.5
Op. Profit Mgn % ⓘ	4.7	4.7	6.3	6.1	4.9	4.2	3.7	4.5	4	3.9	3.6
Net Profit Mgn % ⓘ	1.2	1.3	2.7	2.5	1.2	1.1	1	2.3	1.8	1.8	1.9
Debt to Equity ⓘ	1.7	1.6	1.2	1.3	1.5	1.4	1.6	0.8	0.6	0.3	0.1
Working Cap Days ⓘ	69	70	74	82	86	89	90	74	72	71	33
Cash Conv. Cycle ⓘ	49	55	55	58	63	71	76	52	40	30	11

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 23.54%

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

Debt to equity has declined versus last 3 years average to 0.27

Sales growth is good in last 4 quarters at 15.10%

Return on Equity has declined versus last 3 years average to 13.50%

Latest Financials - Ram Ratna Wires Ltd.

	Standalone	Consolidated
TTM EPS (₹)	12.4	13.6
TTM Sales (₹ Cr.)	2,865	3,333
BVPS (₹.) ⓘ	93.4	96.9
Reserves (₹ Cr.) ⓘ	406	404
P/BV ⓘ	6.22	5.99
PE ⓘ	46.81	42.72

From the Market
52 Week Low / High (₹)	244.95 / 758.00
All Time Low / High (₹)	0.35 / 758.00
Market Cap (₹ Cr.)	2,554
Equity (₹ Cr.)	22
Face Value (₹)	5
Industry PE ⓘ	17.5

Management X-Ray of Ram Ratna Wires:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Ram Ratna Wires

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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 Ram Ratna Wires

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	741	719	801	1,027	1,250	1,255	1,387	2,013	2,328	2,615
Operating Expenses ⓘ	706	685	751	964	1,189	1,203	1,335	1,923	2,236	2,515
Manufacturing Costs	30	33	37	38	51	55	55	60	76	78
Material Costs	657	630	685	895	1,101	1,104	1,244	1,812	2,109	2,378
Employee Cost	13	16	18	21	26	29	28	31	34	39
Other Costs ⓘ	6	6	10	10	11	15	9	20	17	19
Operating Profit ⓘ	34	34	50	63	61	53	52	90	92	100
Operating Profit Margin (%)	4.7%	4.7%	6.3%	6.1%	4.9%	4.2%	3.7%	4.5%	3.9%	3.8%
Other Income ⓘ	2	2	3	3	3	4	2	12	8	16
Interest ⓘ	15	14	11	14	25	23	20	21	26	31
Depreciation ⓘ	7	7	8	10	15	17	16	16	16	16
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	15	14	33	42	24	16	18	65	57	69
Tax ⓘ	5	5	12	15	8	2	4	16	14	18
Profit After Tax	10	9	22	27	16	14	14	49	43	50
PAT Margin (%)	1.3%	1.3%	2.7%	2.6%	1.3%	1.1%	1.0%	2.4%	1.8%	1.9%
Adjusted EPS (₹)	2.2	2.1	5.0	6.0	3.6	3.2	3.1	11.1	9.8	11.5
Dividend Payout Ratio (%)	22%	18%	13%	10%	17%	8%	16%	23%	26%	44%

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	66	74	125	166	183	177	197	265	304	400
Share Capital ⓘ	11	11	11	11	11	11	11	11	22	22
Reserves ⓘ	55	63	114	155	172	166	186	254	282	378
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	109	114	148	209	253	216	287	185	180	91
Long Term Debt	13	12	29	47	52	49	73	82	62	42
Short Term Debt	96	102	119	162	202	167	214	104	118	49
Trade Payables	15	5	40	36	45	22	42	127	186	238
Others Liabilities ⓘ	20	17	26	49	52	52	50	48	49	51
Total Liabilities ⓘ	210	210	338	460	534	467	577	624	719	781
Fixed Assets
Gross Block	87	95	80	132	174	190	196	200	205	242
Accumulated Depreciation	41	45	8	18	33	50	66	82	97	110
Net Fixed Assetsⓘ	46	50	72	114	141	140	130	118	109	132
CWIP ⓘ	0	2	1	5	1	0	0	2	0	18
Investmentsⓘ	3	3	41	76	57	37	49	77	96	74
Inventories	15	19	40	32	85	79	113	93	143	160
Trade Receivables	116	113	148	196	204	189	260	288	306	261
Cash Equivalents	4	3	14	4	8	2	2	9	7	24
Others Assetsⓘ	26	19	24	33	37	22	22	37	58	112
Total Assets ⓘ	210	210	338	460	534	467	577	624	719	781

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 ⓘ	22	25	21	2	-3	64	-37	152	68	145
PBT ⓘ	15	14	33	42	24	16	18	65	57	69
Adjustment ⓘ	21	20	21	23	39	43	37	34	40	40
Changes in Working Capital ⓘ	-9	-5	-20	-51	-59	9	-87	70	-14	64
Tax Paid ⓘ	-5	-5	-13	-13	-8	-5	-5	-16	-15	-27
Cash Flow From Investing Activity ⓘ	-7	-11	-31	-64	-15	-16	-11	-11	-13	29
Capex	-7	-13	-31	-53	-35	-16	-8	-12	-15	-63
Net Investments	0	0	0	-3	19	0	0	-1	1	104
Others ⓘ	0	2	0	-9	0	0	-3	1	1	-12
Cash Flow From Financing Activityⓘ	-15	-14	21	52	22	-55	49	-135	-52	-146
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	16	27	10	6	22	8	-19	-20
Interest Paid ⓘ	-14	-14	-11	-15	-24	-22	-19	-20	-25	-29
Dividend Paid ⓘ	-2	-5	0	-3	-3	-3	-1	-2	-11	-22
Others ⓘ	1	4	16	44	39	-35	47	-121	4	-75
Net Cash Flow ⓘ	0	-1	11	-10	4	-6	1	6	3	29

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 (%)	15.6	13.33	22.04	18.23	9.16	7.93	7.21	21.05	15.08	14.31
ROCE (%)	17.49	15.43	19.25	17.04	11.76	9.09	8.2	17.56	17.28	19.81
Asset Turnover Ratio	3.97	3.81	3.25	2.64	2.52	2.51	2.66	3.35	3.47	3.49
PAT to CFO Conversion(x)	2.2	2.78	0.95	0.07	-0.19	4.57	-2.64	3.1	1.58	2.9
Working Capital Days
Receivable Days	53	52	53	60	58	57	59	50	47	39
Inventory Days	5	8	12	12	17	24	25	19	18	21
Payable Days	10	6	12	15	13	11	9	17	27	33

Ram Ratna Wires Ltd Stock News

Ram Ratna Wires Ltd FAQs

What is the share price of Ram Ratna Wires?

Company share prices are keep on changing according to the market conditions. The closing price of Ram Ratna Wires on 20-Dec-2024 16:59 is ₹580.4.

What is the market cap of Ram Ratna Wires?

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-Dec-2024 16:59 the market cap of Ram Ratna Wires stood at ₹2,553.5.

What is the P/E ratio of Ram Ratna Wires?

The latest P/E ratio of Ram Ratna Wires as of 20-Dec-2024 16:59 is 46.81.

What is the P/B ratio of Ram Ratna Wires?

The latest P/B ratio of Ram Ratna Wires as of 20-Dec-2024 16:59 is 6.22.

What is the 52-week high and low of Ram Ratna Wires?

The 52-week high of Ram Ratna Wires is ₹758.0 and the 52-week low is ₹244.9.

What is the TTM revenue of Ram Ratna Wires?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ram Ratna Wires is ₹2,865 ( Cr.) .

About Ram Ratna Wires Ltd

The company was originally incorporated as Ram Ratna Winding Wires Pvt. Limited on July 21, 1992. Subsequently the company was converted from private limited to public limited and changed its name to Ram Ratna Wires Ltd.

The company is engaged in manufacturing of enamelled copper winding wires. Its products include modified polyester copper wires, polyesterimide wires, polyurethane self solderable wires and dual coated wires.

It all started with the dream of an inspired man determined to realize his vision. A very humble beginning was made. The Group Chairman, Rameshwarlal Kabra, established a small electrical trading shop in the city of Bombay. His simple strategy was to work hard, establish, consolidate and then move into manufacturing. Growth was slow and steady. Four decades and seven companies later, today the Group is among the market leaders in this segment.

What began with an unwavering trust in one's own abilities has now extended into a total philosophy of trust, apparent on both sides of the table in any business transaction of the Group. Ram Ratna Group is not only a leading business house but also an entity which has been deeply conscious of its social responsibilities as well. It truly believes that each citizen is obliged to contribute towards the wellbeing and welfare of the society in which he lives and thrives. Fuelled by a relentless pursuit of innovation, the consolidation of trust and goodwill earned through performance and business ethics and absolute transparency in its operations, today, apart from empowering India's domestic progress, the products manufactured by the Ram Ratna Group companies have a presence in over 73 countries around the world, where Ram Ratna operates in the spirit of a 'local multinational'.

Product range of the company includes: