Financials Ram Ratna Wires Limited

Equities

RAMRAT

INE207E01023

Electrical Components & Equipment

Market Closed - Bombay S.E. 06:00:48 2024-05-10 EDT 5-day change 1st Jan Change
378.6 INR +2.19% Intraday chart for Ram Ratna Wires Limited -1.46% +27.81%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 3,665 2,211 981.2 1,762 4,349 6,956
Enterprise Value (EV) 1 6,176 5,283 3,898 5,334 6,899 9,485
P/E ratio 13.5 x 14.1 x 6.79 x 11.8 x 8.33 x 15.5 x
Yield 0.75% 1.24% 1.12% 1.25% 2.53% 1.58%
Capitalization / Revenue 0.33 x 0.16 x 0.07 x 0.12 x 0.19 x 0.26 x
EV / Revenue 0.55 x 0.38 x 0.27 x 0.35 x 0.3 x 0.36 x
EV / EBITDA 9.13 x 8 x 6.6 x 8.85 x 6.32 x 8.78 x
EV / FCF -6.83 x -7.05 x 27.9 x -7.63 x 8.29 x -435 x
FCF Yield -14.6% -14.2% 3.58% -13.1% 12.1% -0.23%
Price to Book 2.2 x 1.2 x 0.55 x 0.88 x 1.6 x 2.23 x
Nbr of stocks (in thousands) 44,000 44,000 44,000 44,000 44,000 44,000
Reference price 2 83.30 50.25 22.30 40.05 98.85 158.1
Announcement Date 18-08-20 19-08-18 20-08-29 21-08-23 22-08-29 23-08-18
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 11,157 14,059 14,343 15,156 22,824 26,396
EBITDA 1 676.3 660.7 590.2 602.5 1,092 1,080
EBIT 1 568.5 499 409.7 431.3 919.7 901
Operating Margin 5.1% 3.55% 2.86% 2.85% 4.03% 3.41%
Earnings before Tax (EBT) 1 433.7 246.6 166.9 211.5 725.7 644.1
Net income 1 271.7 156.3 144.5 149 521.9 448.9
Net margin 2.44% 1.11% 1.01% 0.98% 2.29% 1.7%
EPS 2 6.175 3.553 3.283 3.385 11.86 10.20
Free Cash Flow 1 -904.1 -749.7 139.6 -698.7 832.7 -21.81
FCF margin -8.1% -5.33% 0.97% -4.61% 3.65% -0.08%
FCF Conversion (EBITDA) - - 23.66% - 76.28% -
FCF Conversion (Net income) - - 96.65% - 159.56% -
Dividend per Share 2 0.6250 0.6250 0.2500 0.5000 2.500 2.500
Announcement Date 18-08-20 19-08-18 20-08-29 21-08-23 22-08-29 23-08-18
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net Debt 1 2,511 3,072 2,916 3,572 2,549 2,529
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.712 x 4.649 x 4.941 x 5.927 x 2.335 x 2.342 x
Free Cash Flow 1 -904 -750 140 -699 833 -21.8
ROE (net income / shareholders' equity) 18.6% 8.79% 7.77% 7.98% 22.1% 15.5%
ROA (Net income/ Total Assets) 8.23% 5.5% 4.45% 4.54% 8.44% 7.29%
Assets 1 3,302 2,841 3,243 3,280 6,181 6,155
Book Value Per Share 2 37.90 41.70 40.60 45.50 61.70 70.80
Cash Flow per Share 2 0.8400 1.640 0.2200 0.9000 3.350 1.960
Capex 1 539 369 174 140 191 254
Capex / Sales 4.83% 2.62% 1.21% 0.92% 0.84% 0.96%
Announcement Date 18-08-20 19-08-18 20-08-29 21-08-23 22-08-29 23-08-18
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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