DRHP Status : Not Filed
280
P&L Statement | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|
Revenue | 284.24 | 376.03 | 407 | 365 |
Cost of Material Consumed | 129.74 | 214.91 | 256 | 220 |
Gross Margins | 54.36 | 42.85 | 37.1 | 39.73 |
Change in Inventory | 30.41 | -10 | -3 | -2 |
Employee Benefit Expenses | 28.5 | 35.29 | 49 | 56 |
Other Expenses | 53.73 | 69.89 | 73 | 74 |
EBITDA | 41.86 | 65.94 | 32 | 17 |
OPM | 14.73 | 17.54 | 7.86 | 4.66 |
Other Income | 31.41 | 1.95 | 3 | 6 |
Finance Cost | 21.99 | 19.25 | 32 | 37 |
D&A | 17.53 | 40.82 | 42 | 35 |
EBIT | 24.33 | 25.12 | -10 | -18 |
EBIT Margins | 8.56 | 6.68 | -2.46 | -4.93 |
PBT | 33.72 | 7.8 | -39 | -50 |
PBT Margins | 11.86 | 2.07 | -9.58 | -13.7 |
Tax | 2.05 | 4.79 | -4 | -7 |
PAT | 31.67 | 3.01 | -35 | -43 |
NPM | 11.14 | 0.8 | -8.6 | -11.78 |
EPS | 80.38 | 7.64 | -87.72 | -74.01 |
Financial Ratios |
2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|
Operating Profit Margin | 14.73 | 17.54 | 7.86 | 4.66 |
Net Profit Margin | 11.14 | 0.8 | -8.6 | -11.78 |
Earning Per Share (Diluted) | 80.38 | 7.64 | -87.72 | -74.01 |
Assets | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|
Fixed Assets | 244.69 | 221.42 | 297 | 278 |
CWIP | 1.21 | 24.97 | 9 | 2.3 |
Investments | 168.68 | 182.64 | 188 | 199 |
Trade Receivables | 76.04 | 58.39 | 38 | 46 |
Inventory | 55.11 | 96.45 | 130 | 116 |
Other Assets | 38.95 | 59.65 | 65 | 111.7 |
Total Assets | 584.68 | 643.52 | 727 | 753 |
Liabilities | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|
Share Capital | 3.94 | 3.94 | 3.99 | 5.81 |
FV | 10 | 10 | 10 | 10 |
Reserves | 260.93 | 275.71 | 264 | 260 |
Borrowings | 234.52 | 307.74 | 423 | 450 |
Trade Payables | 14.37 | 13.12 | 15 | 13 |
Other Liabilities | 70.92 | 43.01 | 21.01 | 24.19 |
Total Liabilities | 584.68 | 643.52 | 727 | 753 |
Coming soon...
Ramaraju Surgical Cotton Mills (RSCM) is a part of the Ramco Group, established in 1939 in Rajapalayam, Tamil Nadu.
It is a leading manufacturer of surgical and absorbent cotton, gauze, bandages, and other wound-care products in Southern India.
RSCM has expanded its operations to include yarn spinning and weaving, producing high-quality yarn and premium fabrics.
Click here to visit the official website of Ramaraju Surgical Cotton Mills.
Strengths:
Diverse Product Portfolio: RSCML offers a range of products, including fabrics, yarn, and surgical dressings. As of March 31, 2024, fabrics accounted for 49.33% of the company's turnover, yarn contributed 36.14%, and surgical dressings made up 12.54%. This diversification helps mitigate risks associated with reliance on a single product line. Wealth Wisdom
Established Market Presence: Founded in 1939, RSCML has a long-standing presence in the textile industry, indicating stability and experience. CRISIL Ratings
Recent Revenue Growth: The company reported a 16.9% year-over-year increase in total revenue for Q3 FY25, reaching ₹105 crore, up from ₹90 crore in Q3 FY24. This growth was primarily driven by higher product sales. Planify
Weaknesses:
Declining Profitability: Despite revenue growth, RSCML experienced a loss before tax of ₹21 crore in Q3 FY25, compared to a loss of ₹13 crore in Q3 FY24. This 64.7% increase in losses is attributed to rising expenses, particularly in materials and power & fuel costs.
Increased Debt Levels: As of fiscal 2023, the company's debt increased by approximately ₹100 crore to around ₹400 crore, leading to a significant deterioration in debt metrics. Although there are plans to raise ₹35-40 crore through a rights issue to improve liquidity and net worth, the current debt levels pose financial challenges.
Reduced Gross Margins: In FY22, RSCML's gross margins declined to 43% from 59% in FY21, reflecting the impact of inflation and increased material costs