Past 10 year's financial track record analysis by Moneyworks4me indicates that Ramasigns Industries Ltd is a average quality company.
The key valuation ratios of Ramasigns Industries Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Ramasigns Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 1.4% | 7.1% | 26.3% | 20.7% | 16.7% | 6.2% | 4.4% | 2.6% | 5.1% | -14.9% | - |
| Value Creation Index ⓘ | -0.9 | -0.5 | 0.9 | 0.5 | 0.2 | -0.6 | -0.7 | -0.8 | -0.6 | -2.1 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 13.8 | 45.1 | 127 | 125 | 121 | 84.4 | 32.5 | 34.9 | 25 | 10.3 | 5 |
| Sales YoY Gr. | - | 227.7% | 181.4% | -1.7% | -3.3% | -30% | -61.5% | 7.3% | -28.2% | -58.7% | - |
| Adj EPS ⓘ | 0.1 | 0.5 | 0.7 | 0.6 | 0.7 | 0.2 | 0.1 | 0 | 0.2 | -1.8 | -2 |
| YoY Gr. | - | 820% | 52.2% | -8.6% | 12.5% | -77.8% | -43.8% | -66.7% | 433.3% | -1250% | - |
| BVPS (₹) ⓘ | 3.2 | 3.6 | 4.3 | 5.1 | 5.8 | 5.9 | 6 | 6.1 | 6.2 | 4.4 | 3.7 |
| Adj Net Profit ⓘ | 0.1 | 0.9 | 1.3 | 1.6 | 1.9 | 0.5 | 0.3 | 0.1 | 0.5 | -5.3 | -6 |
| Cash Flow from Ops. ⓘ | -4.1 | 2.5 | 2.4 | -4.9 | -0.8 | 0.1 | 4.9 | -6.1 | 2.2 | 1.3 | - |
| Debt/CF from Ops. ⓘ | -1.3 | 0 | 0.1 | -0.4 | -3.6 | 34.2 | 0.9 | -1.8 | 4.7 | 7.9 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | -3.1% | -38.8% | -31.8% | -58.7% | ||||
| Adj EPS ⓘ | -249.3% | -220.6% | -373.4% | -1250% | ||||
| BVPSⓘ | 3.5% | -5.3% | -10% | -29.3% | ||||
| Share Price | 6.3% | -9.3% | -17.7% | -4.3% | ||||
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 % ⓘ | 1.5 | 13.6 | 17.9 | 14.7 | 13.2 | 2.8 | 1.6 | 0.6 | 2.6 | -34.6 | -49.6 |
| Op. Profit Mgn % ⓘ | 1 | 2.2 | 1.6 | 2 | 2.3 | -0.4 | 4.9 | -0.8 | -0.4 | -35.3 | -87.2 |
| Net Profit Mgn % ⓘ | 0.7 | 2 | 1.1 | 1.2 | 1.6 | 0.5 | 0.8 | 0.3 | 1.8 | -50.8 | -114.8 |
| Debt to Equity ⓘ | 0.9 | 0 | 0 | 0.2 | 0.2 | 0.1 | 0.3 | 0.6 | 0.6 | 0.8 | 0.6 |
| Working Cap Days ⓘ | 285 | 236 | 140 | 159 | 165 | 231 | 542 | 555 | 719 | 1,547 | 1,882 |
| Cash Conv. Cycle ⓘ | 110 | 68 | 10 | -6 | -2 | 10 | 62 | 192 | 373 | 895 | 676 |
Debt to equity has declined versus last 3 years average to 0.80
Return on Equity is Poor
Sales growth has been subdued in last 3 years -31.76%
Net Profit has been subdued in last 3 years -373.44%
Sales growth is not so good in last 4 quarters at -72.21%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | -2 | 0.1 |
| TTM Sales (₹ Cr.) | 5 | 0 |
| BVPS (₹.) ⓘ | 3.7 | 0 |
| Reserves (₹ Cr.) ⓘ | -4 | -7 |
| P/BV ⓘ | 0.70 | 0.00 |
| PE ⓘ | 0.00 | 26.81 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 1.90 / 3.24 |
| All Time Low / High (₹) | 0.30 / 51.10 |
| Market Cap (₹ Cr.) | 7.4 |
| Equity (₹ Cr.) | 14.3 |
| Face Value (₹) | 5 |
| Industry PE ⓘ | 69 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 13.75 | 45.06 | 126.80 | 124.68 | 120.53 | 84.42 | 32.51 | 34.88 | 25.03 | 10.33 |
| Operating Expenses ⓘ | 13.62 | 44.39 | 124.74 | 122.17 | 117.83 | 84.75 | 30.92 | 35.15 | 25.13 | 13.98 |
| Manufacturing Costs | 0 | 1 | 4.78 | 2.43 | 1.73 | 1.20 | 0.73 | 0.43 | 0.60 | 0.57 |
| Material Costs | 13.49 | 41.33 | 107.52 | 106.85 | 102.73 | 72.66 | 25.34 | 29.56 | 19.52 | 7.92 |
| Employee Cost | 0.06 | 0.82 | 6.28 | 6.15 | 6.41 | 4.86 | 1.91 | 2.47 | 2.76 | 2.23 |
| Other Costs ⓘ | 0.07 | 1.24 | 6.16 | 6.74 | 6.96 | 6.02 | 2.94 | 2.69 | 2.26 | 3.27 |
| Operating Profit ⓘ | 0.13 | 0.66 | 2.06 | 2.51 | 2.71 | -0.33 | 1.59 | -0.27 | -0.11 | -3.65 |
| Operating Profit Margin (%) | 1.0% | 1.5% | 1.6% | 2.0% | 2.2% | -0.4% | 4.9% | -0.8% | -0.4% | -35.3% |
| Other Income ⓘ | 0 | 0 | 0.04 | 0.05 | 0.27 | 2.23 | 0.10 | 1.69 | 2.14 | 0.13 |
| Interest ⓘ | 0 | 0 | 0.02 | 0.16 | 0.42 | 0.45 | 0.55 | 0.53 | 0.82 | 0.91 |
| Depreciation ⓘ | 0 | 0.01 | 0.09 | 0.16 | 0.21 | 0.74 | 0.78 | 0.78 | 0.60 | 0.26 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0.13 | 0.65 | 1.99 | 2.23 | 2.34 | 0.71 | 0.36 | 0.10 | 0.61 | -4.69 |
| Tax ⓘ | 0.04 | 0 | 0.64 | 0.67 | 0.49 | 0.26 | 0.09 | 0.01 | 0.15 | 0.51 |
| Profit After Tax | 0.09 | 0.65 | 1.35 | 1.56 | 1.85 | 0.45 | 0.27 | 0.09 | 0.46 | -5.20 |
| PAT Margin (%) | 0.7% | 1.4% | 1.1% | 1.2% | 1.5% | 0.5% | 0.8% | 0.3% | 1.8% | -50.3% |
| Adjusted EPS (₹) | 0.1 | 0.3 | 0.7 | 0.7 | 0.7 | 0.2 | 0.1 | 0.0 | 0.2 | -1.8 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 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 | 6.16 | 6.81 | 8.16 | 12.25 | 15.11 | 16.94 | 17.21 | 17.30 | 17.76 | 12.56 |
| Share Capital ⓘ | 9.53 | 9.53 | 9.53 | 12.07 | 13.08 | 14.28 | 14.28 | 14.28 | 14.28 | 14.28 |
| Reserves ⓘ | -3.37 | -2.72 | -1.37 | 0.19 | 2.04 | 2.67 | 2.93 | 3.03 | 3.48 | -1.71 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 5.27 | 0.11 | 0.16 | 0.91 | 0.80 | 0.68 | 2.94 | 10.23 | 10.25 | 9.77 |
| Long Term Debt | 0 | 0 | 0.05 | 0.80 | 0.80 | 0.68 | 0.40 | 7.43 | 6.68 | 6.05 |
| Short Term Debt | 5.27 | 0.11 | 0.11 | 0.11 | 0 | 0 | 2.54 | 2.80 | 3.57 | 3.71 |
| Trade Payables | 9.87 | 33.93 | 54.42 | 50.04 | 47.52 | 42.14 | 35.77 | 25.79 | 20.82 | 19.34 |
| Others Liabilities ⓘ | 0.26 | 0.79 | 3.13 | 4.18 | 6.33 | 5.64 | 3.93 | 3.32 | 2.20 | 3.17 |
| Total Liabilities ⓘ | 21.56 | 41.64 | 65.87 | 67.39 | 69.76 | 65.40 | 59.85 | 56.65 | 51.03 | 44.84 |
Fixed Assets | ||||||||||
| Gross Block | 0 | 0.35 | 1.08 | 1.65 | 1.92 | 4.25 | 4.43 | 4.36 | 4.76 | 2.52 |
| Accumulated Depreciation | 0 | 0.01 | 0.10 | 0.26 | 0.47 | 1.12 | 1.89 | 2.50 | 3.10 | 1.32 |
| Net Fixed Assetsⓘ | 0 | 0.34 | 0.98 | 1.38 | 1.45 | 3.13 | 2.54 | 1.86 | 1.66 | 1.19 |
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investmentsⓘ | 3.77 | 0 | 0.11 | 0.11 | 0 | 0 | 2.09 | 2.12 | 0.01 | 0.43 |
| Inventories | 0.77 | 11.38 | 19.24 | 19.91 | 16 | 13.49 | 15.33 | 13.60 | 15.08 | 14.60 |
| Trade Receivables | 13.75 | 27.42 | 42.33 | 43.30 | 48.82 | 43.79 | 37.61 | 37.02 | 30.48 | 25.78 |
| Cash Equivalents | 0.01 | 0.77 | 2.37 | 1.64 | 1.89 | 0.50 | 1.20 | 0.66 | 0.65 | 0.13 |
| Others Assetsⓘ | 3.26 | 1.73 | 0.84 | 1.04 | 1.60 | 4.47 | 1.07 | 1.39 | 3.15 | 2.70 |
| Total Assets ⓘ | 21.56 | 41.64 | 65.87 | 67.39 | 69.76 | 65.40 | 59.85 | 56.65 | 51.03 | 44.84 |
| 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 ⓘ | -4.09 | 2.51 | 2.40 | -4.93 | -0.75 | 0.07 | 4.89 | -6.14 | 2.22 | 1.28 |
| PBT ⓘ | 0.13 | 0.65 | 1.99 | 2.23 | 2.34 | 0.71 | 0.36 | 0.10 | 0.61 | -4.69 |
| Adjustment ⓘ | 0 | 0.01 | 0.11 | 0.33 | 0.64 | 1.20 | 1.33 | 1.32 | 1.42 | 1.16 |
| Changes in Working Capital ⓘ | -4.22 | 1.89 | 0.75 | -7.02 | -3.35 | -1.19 | 3.26 | -7.54 | 0.27 | 4.84 |
| Tax Paid ⓘ | 0 | -0.05 | -0.45 | -0.46 | -0.37 | -0.65 | -0.05 | -0.02 | -0.08 | -0.04 |
| Cash Flow From Investing Activity ⓘ | 0 | 3.42 | -0.84 | -0.57 | -0.28 | -0.12 | -2.28 | -0.12 | -0.37 | -0.10 |
| Capex | 0 | -0.35 | -0.84 | -0.57 | -0.28 | -0.12 | -2.28 | -0.10 | -0.41 | 0.24 |
| Net Investments | 0 | 3.77 | 0 | 0 | 0 | 0 | 0 | -0.02 | 0 | -0.42 |
| Others ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | 0.08 |
| Cash Flow From Financing Activityⓘ | 4.08 | -5.16 | 0.04 | 4.77 | 1.27 | -1.34 | -1.91 | 5.73 | -1.86 | -1.70 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 2.54 | 0 | 1.20 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 4.08 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.75 | -0.63 |
| Interest Paid ⓘ | 0 | 0 | -0.02 | -0.16 | -0.42 | -0.45 | -0.55 | -0.53 | -0.82 | -0.89 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | -5.16 | 0.06 | 2.39 | 1.70 | -2.09 | -1.37 | 6.26 | -0.29 | -0.17 |
| Net Cash Flow ⓘ | -0.01 | 0.76 | 1.60 | -0.73 | 0.25 | -1.39 | 0.70 | -0.54 | -0.01 | -0.52 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 1.5 | 10.03 | 18.04 | 15.26 | 13.51 | 2.79 | 1.56 | 0.55 | 2.6 | -34.29 |
| ROCE (%) | 1.43 | 7.11 | 26.34 | 20.68 | 16.72 | 6.2 | 4.44 | 2.57 | 5.06 | -14.86 |
| Asset Turnover Ratio | 0.95 | 1.43 | 2.49 | 2.18 | 2.11 | 1.5 | 0.62 | 0.6 | 0.46 | 0.22 |
| PAT to CFO Conversion(x) | -45.44 | 3.86 | 1.78 | -3.16 | -0.41 | 0.16 | 18.11 | -68.22 | 4.83 | N/A | Working Capital Days |
| Receivable Days | 224 | 167 | 95 | 107 | 116 | 167 | 381 | 390 | 492 | 993 |
| Inventory Days | 16 | 49 | 42 | 49 | 45 | 53 | 135 | 151 | 209 | 524 |
| Payable Days | 134 | 193 | 150 | 178 | 173 | 225 | 561 | 380 | 436 | 925 |
Rammaica India, incorporated on March 31, 1981. Earlier known as Ram Decorative and Industrial Laminates, it got its present name on July 13, 1992. The company's registered office is at Goregaon (West), Mumbai.This company belongs to RAMS group of companies and has been promoted by Ramabtar Jhunjhunwala alongwith his family.
RMIL, with effect from April 1, 1993 has taken over the activities of its group company, Ramglas (India) Limited, engaged in the manufacturing and marketing of Decorative Fibre glass reinforced sheets under the brand name RAMGLAS.
It has been in the business of manufacturing and marketing decorative laminates. Paper-based laminated decorative sheets, paper laminated industrial boards, acrylic sheets and copper clad laminates are manufactured at the company`s works at Tarapur in Maharashtra with installed capacities of 10,000 sq. m. industrial laminates and 3,000 MT decorative laminates.
Manufacturing operations of the company are suspended since December 14, 1995. On account of this, losses have been accumulated, and a court receiver was appointed by the Mumbai High Court to resolve a recovery suit. This matter is now with Debt Recovery Tribunal, Mumbai, for final disposal.
Its Subsidaries:-
Maharashtra Laminates and Hanuman Laminates (India) are its subsidiary companies.
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MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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