Sharescart Research Club logo ×
Screener Research Unlisted Startup Funding New IPO New

  • Home
  • /
  • Rungta Irrigation
Join Channel
Consolidated Standalone

Rungta Irrigation

₹67.7 1.2 | 1.8%

Market Cap ₹135 Cr.

Stock P/E 17.2

P/B 1.6

Current Price ₹67.7

Book Value ₹ 43.1

Face Value 10

52W High ₹82

Dividend Yield 0%

52W Low ₹ 45.2

Edit Ratio

Rungta Irrigation Research see more...

Overview Inc. Year: 1986Industry: Engineering - Industrial Equipments

Rungta Irrigation Limited, established in 1986, is a key player in the irrigation industry, operating under the Rungta Group of Companies. The company is ISO 9001-2008 certified and specializes in manufacturing, designing, assembling, and marketing sprinkler irrigation systems, including HDPE pipes, rigid PVC pipes, and profiles. With production units in Ghaziabad, Yanam, and Jamshedpur, Rungta Irrigation has a significant manufacturing capacity, catering to the agricultural needs of India and exporting to countries like Nepal, Bangladesh, and Sri Lanka. The company’s commitment to efficient water utilization is evident in its product offerings and services, which have earned it a reputation as a market leader. Rungta Irrigation’s future direction includes continuous innovation and technology upgrades to meet the changing requirements of its clients.

Read More..

Rungta Irrigation Share Price

New

₹ | |

Volume
Price

Quarterly Price

Quarterly Monthly
Show Value Show %

Peer Comparison

Rungta Irrigation Quarterly Results

#(Fig in Cr.) Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Jun 2023 Sep 2023 Dec 2023
Net Sales 9 14 23 25 21 22 43 26 30 41
Other Income 1 0 0 0 1 0 1 1 1 1
Total Income 10 14 23 25 21 22 43 27 31 42
Total Expenditure 9 13 22 24 20 21 40 23 29 39
Operating Profit 1 2 1 1 1 1 3 3 2 3
Interest 0 0 0 1 0 0 1 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 1
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 1 0 0 1 0 2 3 1 2
Provision for Tax 0 0 0 -0 0 0 0 1 0 1
Profit After Tax 0 1 0 0 0 0 1 2 1 2
Adjustments 0 0 0 -0 0 0 0 -0 0 0
Profit After Adjustments 0 1 0 0 0 0 1 2 1 2
Adjusted Earnings Per Share 0.1 0.5 0.2 0 0.3 0 1.7 1 0.5 0.8

Rungta Irrigation Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 63 64 64 64 63 58 58 45 44 70 130 140
Other Income 1 1 4 3 6 5 3 7 4 2 2 4
Total Income 64 65 67 67 69 62 61 52 48 72 132 143
Total Expenditure 60 61 62 62 63 54 57 48 45 68 125 131
Operating Profit 4 4 5 5 6 8 4 4 3 4 7 11
Interest 1 1 1 2 2 3 2 2 1 1 2 1
Depreciation 2 1 1 1 2 2 1 1 1 1 2 1
Exceptional Income / Expenses 0 0 0 0 0 -1 0 0 0 0 0 0
Profit Before Tax 1 1 2 2 3 3 1 1 1 2 4 8
Provision for Tax 0 0 0 1 0 1 1 0 1 0 1 2
Profit After Tax 1 1 2 1 2 2 1 1 1 1 3 6
Adjustments 0 0 0 0 0 0 0 -0 0 0 0 0
Profit After Adjustments 1 1 2 1 2 2 1 1 1 1 3 6
Adjusted Earnings Per Share 0.6 0.6 1.4 0.9 1.5 1.3 0.4 0.5 0.4 0.8 1.8 4

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 86% 42% 18% 8%
Operating Profit CAGR 75% 21% -3% 6%
PAT CAGR 200% 44% 8% 12%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -15% 86% 41% 28%
ROE Average 4% 2% 2% 2%
ROCE Average 7% 4% 4% 5%

Rungta Irrigation Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 57 55 57 58 60 63 63 64 65 66 77
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 1 5 3 2 2 1 0
Other Non-Current Liabilities 9 10 18 13 5 0 0 0 0 0 0
Total Current Liabilities 22 20 24 20 29 28 21 20 23 36 26
Total Liabilities 88 86 100 92 96 96 88 86 91 103 103
Fixed Assets 10 10 9 9 11 10 9 8 9 11 14
Other Non-Current Assets 28 26 25 23 22 17 15 16 17 16 17
Total Current Assets 50 49 66 59 63 68 63 62 65 76 72
Total Assets 88 86 100 92 96 96 88 86 91 103 103

Rungta Irrigation Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 4 2 2 3 1 2 1 1 5 1 0
Cash Flow from Operating Activities 1 2 5 2 -11 -6 3 2 -6 -6 9
Cash Flow from Investing Activities 2 -2 -3 1 3 8 2 5 0 -1 -3
Cash Flow from Financing Activities -4 -1 -1 -3 8 -3 -5 -3 1 6 -6
Net Cash Inflow / Outflow -1 -0 1 -0 1 -1 -0 4 -4 -1 0
Closing Cash & Cash Equivalent 2 2 3 2 2 1 1 5 1 0 0

Rungta Irrigation Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 0.63 0.64 1.38 0.86 1.54 1.32 0.38 0.54 0.36 0.83 1.8
CEPS(Rs) 1.62 1.49 2.28 1.57 2.52 2.39 1.25 1.21 0.97 1.64 2.72
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 35.12 35.76 37.06 37.47 39.11 40.43 40.82 41.31 41.96 42.76 46.3
Core EBITDA Margin(%) 4.47 4.57 2.37 3.21 -0.39 5.69 2.04 -6.47 -0.45 3.64 4.28
EBIT Margin(%) 4 4.1 5.55 6.1 7.07 9.41 5.37 5.67 5.56 4.15 4.48
Pre Tax Margin(%) 2.21 2.3 3.73 3.21 4.17 4.64 2.06 2.22 2.77 2.48 3.08
PAT Margin (%) 1.52 1.53 3.21 2.03 3.73 3.54 1.01 1.83 1.25 1.82 2.29
Cash Profit Margin (%) 3.91 3.58 5.32 3.73 6.12 6.43 3.35 4.13 3.38 3.6 3.47
ROA(%) 1.1 1.14 2.29 1.38 2.53 2.13 0.64 0.95 0.63 1.32 2.89
ROE(%) 1.81 1.8 3.78 2.3 4.02 3.32 0.93 1.3 0.86 1.95 4.17
ROCE(%) 3.83 3.99 5.41 5.86 6.12 6.72 3.88 3.28 3.11 3.42 6.57
Receivable days 170.7 159.76 160.12 176.26 173.23 205.13 202.09 220.04 216.49 167.9 98.5
Inventory Days 59.33 66.53 64.88 63.72 67.23 65.58 61.89 76 97.68 87.9 48.74
Payable days 34.24 21.58 27.46 30.91 17.77 23.51 30.74 38.71 22.24 6.77 8.21
PER(x) 19.05 6.12 5.1 15.25 11.22 12.16 30.4 0 24.92 18.51 51.71
Price/Book(x) 0.34 0.11 0.19 0.35 0.44 0.4 0.28 0 0.21 0.36 2.01
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.44 0.25 0.31 0.43 0.71 0.74 0.56 0.39 0.66 0.67 1.27
EV/Core EBITDA(x) 6.74 4.01 3.89 5.38 7.37 5.38 7.23 4.84 8.55 11.26 22.44
Net Sales Growth(%) -22.11 1.35 -0.56 0.58 -2.24 -8.04 0.3 -21.82 -1.53 58.05 85.22
EBIT Growth(%) -25.87 3.11 38.83 8.48 13.05 20.16 -42.76 -17.36 -3.56 18.05 99.78
PAT Growth(%) -12.08 1.3 115 -37.61 79.36 -14.29 -71.36 41.67 -33.02 130.42 133.57
EPS Growth(%) -12.08 1.3 115 -37.61 79.36 -14.29 -71.36 41.68 -33.02 130.41 117.65
Debt/Equity(x) 0.16 0.21 0.2 0.16 0.32 0.3 0.24 0.22 0.25 0.35 0.14
Current Ratio(x) 2.24 2.43 2.71 2.91 2.18 2.4 3.01 3.19 2.8 2.12 2.8
Quick Ratio(x) 1.76 1.79 2.27 2.31 1.79 2.07 2.52 2.75 2.14 1.6 2.18
Interest Cover(x) 2.24 2.28 3.05 2.11 2.44 1.97 1.62 1.64 2 2.48 3.21
Total Debt/Mcap(x) 0.48 1.93 1.05 0.47 0.72 0.76 0.86 0 1.18 0.99 0.06

Rungta Irrigation Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 38.27 38.27 38.27 38.27 41.59 41.59 41.59 41.59 41.59 41.59
FII 0 0 0 0 0 0 0 0 0 0
DII 0.56 0.56 0.56 0.56 0.25 0.25 0.25 0.25 0.25 0.25
Public 61.17 61.17 61.17 61.17 58.16 58.16 58.16 58.16 58.16 58.16
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 41.59%.
  • Company has a low return on equity of 2% over the last 3 years.
  • Debtor days have increased from 6.77 to 8.21days.
  • The company has delivered a poor profit growth of 8% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Rungta Irrigation News

IPO

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

You May Also Know About

Unlisted Shares Pre-IPO Shares ESOP Shares Delisted Shares

Please Login!

Click to Login
OR
Get free Account

Error!