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Ram Ratna Wires BSE:522281 Stock Report

Last Price

₹278.50

Market Cap

₹6.1b

7D

-0.2%

1Y

100.2%

Updated

13 Aug, 2022

Data

Company Financials
522281 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends5/6

522281 Stock Overview

Ram Ratna Wires Limited manufactures and sells electronic and electric wires and cables for original equipment manufacturers in India.

Ram Ratna Wires Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ram Ratna Wires
Historical stock prices
Current Share Price₹278.50
52 Week High₹315.15
52 Week Low₹125.00
Beta0.78
1 Month Change35.16%
3 Month Change48.53%
1 Year Change100.22%
3 Year Change324.54%
5 Year Change86.73%
Change since IPO3,082.86%

Recent News & Updates

Shareholder Returns

522281IN ElectricalIN Market
7D-0.2%1.2%1.4%
1Y100.2%25.0%8.2%

Return vs Industry: 522281 exceeded the Indian Electrical industry which returned 25% over the past year.

Return vs Market: 522281 exceeded the Indian Market which returned 8.2% over the past year.

Price Volatility

Is 522281's price volatile compared to industry and market?
522281 volatility
522281 Average Weekly Movement9.3%
Electrical Industry Average Movement6.5%
Market Average Movement6.4%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market4.1%

Stable Share Price: 522281 is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 522281's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1992920Mahendrakumar Kabrahttps://www.rrshramik.com

Ram Ratna Wires Limited manufactures and sells electronic and electric wires and cables for original equipment manufacturers in India. It operates through Enamelled Wires and Strips, Copper Tubes and Pipes, and Other segments. The company offers enameled aluminum and copper strips; glass fibre covered strips; nylon coated, self bonding, LITZ wire-bunched, and sole coat AIW enameled wires; submersible and aluminium winding wires; bunched and braided bare copper wires; submersible flat cables; enamelled copper wires; fine and ultrafine enamelled copper wires; corona resistant and triple insulated winding wires; paper covered magnet wires; crepe kraft paper insulated copper cables; cotton covered copper conductors; peripheral pumps; float switches; automatic pressure controls; and centrifugal pumps.

Ram Ratna Wires Fundamentals Summary

How do Ram Ratna Wires's earnings and revenue compare to its market cap?
522281 fundamental statistics
Market Cap₹6.13b
Earnings (TTM)₹543.68m
Revenue (TTM)n/a

11.3x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
522281 income statement (TTM)
Revenue₹0
Cost of Revenue₹22.86b
Gross Profit₹0
Other Expenses-₹543.68m
Earnings₹543.68m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)24.71
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio95.5%

How did 522281 perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

20%

Payout Ratio

Does 522281 pay a reliable dividends?

See 522281 dividend history and benchmarks
When do you need to buy 522281 by to receive an upcoming dividend?
Ram Ratna Wires dividend dates
Ex Dividend DateAug 25 2022
Dividend Pay DateOct 21 2022
Days until Ex dividend11 days
Days until Dividend pay date68 days

Does 522281 pay a reliable dividends?

See 522281 dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is 522281 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 522281?

Other financial metrics that can be useful for relative valuation.

522281 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDA8x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 522281's PE Ratio compare to its peers?

522281 PE Ratio vs Peers
The above table shows the PE ratio for 522281 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average20.6x
532051 Swelect Energy Systems
17.3xn/a₹5.6b
504212 Universal Cables
8.5xn/a₹6.8b
532928 Transformers and Rectifiers (India)
26.4xn/a₹4.6b
523100 Cosmo Ferrites
30.4xn/a₹4.8b
522281 Ram Ratna Wires
11.3xn/a₹6.1b

Price-To-Earnings vs Peers: 522281 is good value based on its Price-To-Earnings Ratio (11.3x) compared to the peer average (20.6x).


Price to Earnings Ratio vs Industry

How does 522281's PE Ratio compare vs other companies in the IN Electrical Industry?

Price-To-Earnings vs Industry: 522281 is good value based on its Price-To-Earnings Ratio (11.3x) compared to the Indian Electrical industry average (20.4x)


Price to Earnings Ratio vs Fair Ratio

What is 522281's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

522281 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 522281's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 522281 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 522281 (₹278.5) is trading below our estimate of fair value (₹882.45)

Significantly Below Fair Value: 522281 is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Ram Ratna Wires forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


19.2%

Forecasted Capital Goods industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ram Ratna Wires has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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  • Examine whether Ram Ratna Wires is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • Ram Ratna Wires competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Ram Ratna Wires performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


33.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 522281 has high quality earnings.

Growing Profit Margin: Insufficient data to determine if 522281's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: 522281's earnings have grown significantly by 33.7% per year over the past 5 years.

Accelerating Growth: 522281's earnings growth over the past year (99.3%) exceeds its 5-year average (33.7% per year).

Earnings vs Industry: 522281 earnings growth over the past year (99.3%) exceeded the Electrical industry 32.2%.


Return on Equity

High ROE: 522281's Return on Equity (19.9%) is considered low.


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Financial Health

How is Ram Ratna Wires's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 522281's short term assets (₹4.9B) exceed its short term liabilities (₹3.0B).

Long Term Liabilities: 522281's short term assets (₹4.9B) exceed its long term liabilities (₹1.3B).


Debt to Equity History and Analysis

Debt Level: 522281's net debt to equity ratio (89.8%) is considered high.

Reducing Debt: 522281's debt to equity ratio has reduced from 118.2% to 95.5% over the past 5 years.

Debt Coverage: 522281's debt is well covered by operating cash flow (56%).

Interest Coverage: 522281's interest payments on its debt are well covered by EBIT (3.3x coverage).


Balance Sheet


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Dividend

What is Ram Ratna Wires's current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.80%

Current Dividend Yield

Upcoming Dividend Payment

TodayAug 13 2022Ex Dividend DateAug 25 2022Dividend Pay DateOct 21 202257 days from Ex DividendBuy in the next 11 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 522281's dividend (1.8%) is higher than the bottom 25% of dividend payers in the Indian market (0.39%).

High Dividend: 522281's dividend (1.8%) is in the top 25% of dividend payers in the Indian market (1.7%)


Stability and Growth of Payments

Stable Dividend: 522281's dividend payments have been volatile in the past 10 years.

Growing Dividend: 522281's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (20.2%), 522281's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (8.4%), 522281's dividend payments are thoroughly covered by cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

7.2yrs

Average management tenure


CEO

Mahendrakumar Kabra (65 yo)

7.17yrs

Tenure

₹7,181,000

Compensation

Mr. Mahendrakumar Rameshwarlal Kabra has been Managing Director at Ram Ratna Wires Ltd since May 30, 2019 and served as its Joint Managing Director since June 01, 2015. Mr. Kabra has been an Executive Dire...


CEO Compensation Analysis

Compensation vs Market: Mahendrakumar's total compensation ($USD90.19K) is above average for companies of similar size in the Indian market ($USD37.69K).

Compensation vs Earnings: Mahendrakumar's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 522281's management team is seasoned and experienced (7.2 years average tenure).


Board Members

Experienced Board: 522281's board of directors are considered experienced (7.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Ram Ratna Wires Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Ram Ratna Wires Limited
  • Ticker: 522281
  • Exchange: BSE
  • Founded: 1992
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Implied Market Cap: ₹6.127b
  • Shares outstanding: 22.00m
  • Website: https://www.rrshramik.com

Number of Employees


Location

  • Ram Ratna Wires Limited
  • Ram Ratna House
  • Oasis Complex
  • Mumbai
  • Maharashtra
  • 400013
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/13 00:00
End of Day Share Price2022/08/12 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.