Raasi Refractories Limited manufactures and sells refractories in India.
+ 1 more risk
Good value with poor track record.
Share Price & News
How has Raasi Refractories's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 502271's share price has been volatile over the past 3 months.
7 Day Return
IN Basic Materials
1 Year Return
IN Basic Materials
Return vs Industry: 502271 underperformed the Indian Basic Materials industry which returned 12.6% over the past year.
Return vs Market: 502271 underperformed the Indian Market which returned 6.7% over the past year.
Price Volatility Vs. Market
How volatile is Raasi Refractories's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Raasi Refractories 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: 502271 (₹4) is trading below our estimate of fair value (₹12.05)
Significantly Below Fair Value: 502271 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 502271 is good value based on its PE Ratio (0.4x) compared to the Basic Materials industry average (16.4x).
PE vs Market: 502271 is good value based on its PE Ratio (0.4x) compared to the Indian market (13.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 502271's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 502271 has negative assets, so we can't compare its PB Ratio to the IN Basic Materials industry average.
How is Raasi Refractories forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials 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 Raasi Refractories 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.
- Examine whether Raasi Refractories 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.
- Raasi Refractories competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Raasi Refractories performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 502271 has a large one-off gain of ₹24.9M impacting its September 30 2019 financial results.
Growing Profit Margin: 502271's current net profit margins (7.6%) are lower than last year (15.3%).
Past Earnings Growth Analysis
Earnings Trend: 502271 has become profitable over the past 5 years, growing earnings by 61.1% per year.
Accelerating Growth: 502271's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 502271 had negative earnings growth (-6%) over the past year, making it difficult to compare to the Basic Materials industry average (10.3%).
Return on Equity
High ROE: 502271's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
How is Raasi Refractories's financial position?
Financial Position Analysis
Short Term Liabilities: 502271 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 502271 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 502271 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 502271's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 502271's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: 502271's interest payments on its debt are well covered by EBIT (3.6x coverage).
Inventory Level: 502271 has a high level of physical assets or inventory.
Debt Coverage by Assets: 502271 has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
What is Raasi Refractories's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 502271's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 502271's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 502271's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 502271's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 502271's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
What is the CEO of Raasi Refractories's salary, the management and board of directors tenure and is there insider trading?
Average board tenure
Raasi Refractories has no CEO, or we have no data on them.
Board Age and Tenure
Experienced Board: 502271's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CFO & Compliance Officer
Rajendra Kandikattu (62yo)
- Compensation: ₹2.00k
- Tenure: 1.6yrs
- Tenure: 1.6yrs
- Tenure: 1.6yrs
Satyanarayana Kapuganti (62yo)
- Tenure: 2.3yrs
Suresh Silumula (36yo)
- Tenure: 2.3yrs
Raasi Refractories Limited's company bio, employee growth, exchange listings and data sources
- Name: Raasi Refractories Limited
- Ticker: 502271
- Exchange: BSE
- Founded: 1981
- Industry: Construction Materials
- Sector: Materials
- Market Cap: ₹17.957m
- Shares outstanding: 4.71m
- Website: https://null
Number of Employees
- Raasi Refractories Limited
- 15-145/9, Kodandaram Nagar
- Andhra Pradesh
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|502271||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||May 2005|
Raasi Refractories Limited manufactures and sells refractories in India. The company was incorporated in 1981 and is based in Hyderabad, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/01/20 12:34|
|End of Day Share Price||2020/01/17 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.