Rain Industries Limited, together with its subsidiaries, manufactures and sells carbon products, cement, electricity, and specialty chemicals worldwide. More Details
Undervalued with solid track record.
Share Price & News
How has Rain Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 500339's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 500339 underperformed the Indian Chemicals industry which returned 15.8% over the past year.
Return vs Market: 500339 matched the Indian Market which returned 1.1% over the past year.
Price Volatility Vs. Market
How volatile is Rain Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 years ago | Simply Wall StWhat Do Expectations Tell Us About Rain Industries Limited's (BOM:500339) Margins In The Years Ahead?
2 years ago | Simply Wall StTop Growth Stocks To Buy
2 years ago | Simply Wall StMarch Top Growth Companies
Is Rain Industries undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 500339 (₹94.65) is trading below our estimate of fair value (₹413.07)
Significantly Below Fair Value: 500339 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 500339 is good value based on its PE Ratio (9.6x) compared to the IN Chemicals industry average (14.9x).
PE vs Market: 500339 is good value based on its PE Ratio (9.6x) compared to the Indian market (16.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 500339's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 500339 is good value based on its PB Ratio (0.6x) compared to the IN Chemicals industry average (1.2x).
How is Rain Industries forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if 500339's forecast earnings growth is above the savings rate (7.2%).
Earnings vs Market: Insufficient data to determine if 500339's earnings are forecast to grow faster than the Indian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 500339's revenue (16.7% per year) is forecast to grow faster than the Indian market (11.5% per year).
High Growth Revenue: 500339's revenue (16.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 500339's Return on Equity is forecast to be high in 3 years time
How has Rain Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500339 has high quality earnings.
Growing Profit Margin: 500339's current net profit margins (3%) are higher than last year (1.7%).
Past Earnings Growth Analysis
Earnings Trend: 500339's earnings have grown by 13.9% per year over the past 5 years.
Accelerating Growth: 500339's earnings growth over the past year (44%) exceeds its 5-year average (13.9% per year).
Earnings vs Industry: 500339 earnings growth over the past year (44%) exceeded the Chemicals industry -1.4%.
Return on Equity
High ROE: 500339's Return on Equity (6.9%) is considered low.
How is Rain Industries's financial position?
Financial Position Analysis
Short Term Liabilities: 500339's short term assets (₹45.2B) exceed its short term liabilities (₹25.3B).
Long Term Liabilities: 500339's short term assets (₹45.2B) do not cover its long term liabilities (₹97.9B).
Debt to Equity History and Analysis
Debt Level: 500339's debt to equity ratio (160.4%) is considered high.
Reducing Debt: 500339's debt to equity ratio has reduced from 241.5% to 160.4% over the past 5 years.
Debt Coverage: 500339's debt is well covered by operating cash flow (26.8%).
Interest Coverage: 500339's interest payments on its debt are not well covered by EBIT (2.2x coverage).
What is Rain Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 500339's dividend (1.06%) is higher than the bottom 25% of dividend payers in the Indian market (0.56%).
High Dividend: 500339's dividend (1.06%) is low compared to the top 25% of dividend payers in the Indian market (2.3%).
Stability and Growth of Payments
Stable Dividend: 500339's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500339's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (10.2%), 500339's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
N. Reddy (78 yo)
Mr. N. Radhakrishna Reddy serves as the Managing Director of Rain Industries Limited since March 31, 2019. Mr. Reddy has experience in Construction and Cement Industry. He served as the Chairman of Rain In ...
|MD & Director||1.58yrs||₹100.00k||3.09% |
|Independent Chairman||1.58yrs||₹1.51m||no data|
|Vice Chairman||1.58yrs||₹15.89m||0.000030% |
|Independent Director||5.92yrs||₹1.39m||no data|
|Non-Executive Director||28.58yrs||no data||2.98% |
|Independent Director||2.67yrs||₹1.51m||no data|
|Independent Director||4.08yrs||₹1.57m||no data|
|Independent Director||1.67yrs||₹1.27m||no data|
Experienced Board: 500339's board of directors are considered experienced (3.4 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Rain Industries Limited's company bio, employee growth, exchange listings and data sources
- Name: Rain Industries Limited
- Ticker: 500339
- Exchange: BSE
- Founded: 1974
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: ₹31.919b
- Shares outstanding: 336.35m
- Website: https://www.rain-industries.com
Number of Employees
- Rain Industries Limited
- Rain Center
- 34, Srinagar Colony
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|500339||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jul 1994|
|RAIN||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Jul 1994|
Rain Industries Limited, together with its subsidiaries, manufactures and sells carbon products, cement, electricity, and specialty chemicals worldwide. The company operates through three segments: Carbon, ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/19 12:49|
|End of Day Share Price||2020/10/19 00:00|
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.