MarketFriction

Rajvir Industries Ltd

NSE RAJVIR · BSE 532665 · Other Textile Products
₹5.21 -2.07%
NSE close2026-09-21
52 week range5.21 - 10.50
Market cap₹2.08 Cr.
GSM Price band 5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020
Sales12.5514.8916.3614.0312.5911.468.957.675.861.813.896.45
Expenses22.2916.3923.4720.3217.6413.7910.729.3012.177.517.119.71
Operating Profit-9.74-1.50-7.11-6.29-5.05-2.33-1.77-1.63-6.31-5.70-3.22-3.26
OPM %-77.61%-10.07%-43.46%-44.83%-40.11%-20.33%-19.78%-21.25%-107.68%-314.92%-82.78%-50.54%
Other Income0.140.130.040.060.030.031.920.021.480.020.030.02
Interest4.814.634.444.223.594.334.344.434.614.574.694.66
Depreciation0.810.700.700.700.700.650.650.650.650.640.630.63
Profit before tax-15.22-6.70-12.21-11.15-9.31-7.28-4.84-6.69-10.09-10.89-8.51-8.53
Tax %20.04%0.75%1.80%1.43%3.11%2.34%33.47%30.34%1.19%0.83%1.41%-0.23%
Net Profit-18.26-6.75-12.42-11.31-9.60-7.45-6.46-8.72-10.21-10.97-8.64-8.52
EPS in Rs-45.71-16.90-31.09-28.31-24.03-18.65-16.17-21.83-25.56-27.46-21.63-21.33
Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Sales30228819910217315394583419187
Expenses26624920788156150967843331812
Operating Profit3640-814173-3-20-9-14-0-5
OPM %12%14%-3.8%13%10%2.1%-2.8%-35%-26%-72%-1.9%-78%
Other Income-6314151103000
Interest29262421221818172021220
Depreciation12121210933332277
Profit before tax-115-29-16-9-17-23-39-28-56-29-12
Tax %-16%14%-34%-29%-31%-26%7%2%15%26%-0%-13%
Net Profit-104-19-12-6-13-25-40-33-71-29-10
EPS in Rs-31.4314.76-62.64-38.35-16.07-32.37-62.50-100.45-82.20-177.50-73.47-25.91
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-32%-41%-42%-64%
Compounded Profit Growth%10%19%65%
Stock Price CAGR-19%-7%7%-42%
Return on Equity%%%%
Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Equity Capital333344444444
Reserves41452614120-25-65-98-169-198-208
Borrowings174150154191188181165159158175117117
Other Liabilities88116815762697496117130213210
Total Liabilities306314264264266254219194181140135122
Fixed Assets178169157146137129343128999285
CWIP000000000000
Investments000000000000
Other Assets127145107118128125185163152424438
Total Assets306314264264266254219194181140135122
Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity161127-7124281321373625-2
Cash from Investing Activity-10-2-434-1100000
Cash from Financing Activity-4-10-2774-34-29-25-20-38-35-220
Net Cash Flow2-1-47-6-2-111-003-2
Free Cash Flow6926-7123271321373625-2
CFO/OP45%27%-358%-517%140%867%-501%-103%-417%-262%-7,326%50%
Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days22291644262320263251337
Inventory Days159211142581302287259148251180288254
Days Payable701791392881561841952185106221,1401,865
Cash Conversion Cycle111611933817112584-44-227-438-839-1,574
Working Capital Days-40-70-1570-9-7175-221-1,764-3,770-4,458-12,494
ROCE %11%15%-3%2%4%0%-3%-19%-12%-94%
Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021
Promoters74.94%74.94%74.94%74.94%74.94%74.94%74.94%74.94%74.94%74.94%74.94%74.94%
FIIs0.46%0.45%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
DIIs0.59%0.60%0.59%0.59%0.59%0.59%4.13%0.59%0.59%0.02%0.02%0.02%
Public24.01%24.02%24.47%24.47%24.47%24.47%20.93%24.47%24.47%25.04%25.04%25.04%
No. of Shareholders2,1752,1692,1592,1552,1552,1572,1762,1792,1862,1772,1812,217

Fundamentals

Market Cap₹ 2.08 Cr.
Current Price₹ 5.21
Book Value₹ -511
ROCE%
ROE%
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-64%
Compounded Profit Growth (TTM)65%
Standalone figures.
Valuation
Market capRs 2 Cr
Enterprise valueRs 118 Cr
Price to book-0.01x
Price to sales0.12x
EV / sales6.54x
Earnings yield-1842.10%
P/B, 3-year average-0.02x
P/B, 5-year average-0.04x
Profitability
Operating margin (excl. other income)-77.95%
Operating margin (incl. other income)-77.03%
EBITDA margin-94.06%
Pre-tax margin-211.10%
Net profit margin-212.88%
Net margin, latest quarter-132.09%
ROE5.20%
ROA-8.03%
ROE, 3-year average25.50%
ROCE, 3-year average-93.92%
ROA, 3-year average-24.50%
ROE, 5-year average43.48%
ROCE, 5-year average-40.79%
ROA, 5-year average-22.09%
Tax rate12.74%
Other income / net worth-0.03%
Growth
Sales growth (latest year)-63.90%
Sales CAGR, 3 years-42.27%
Sales CAGR, 5 years-41.29%
Sales growth QoQ65.81%
Sales growth YoY (latest quarter)-15.91%
Per share
EPS (TTM)Rs -95.97
EPS (latest year)Rs -25.91
EPS (latest quarter)Rs -21.33
EPS, 3-year averageRs -92.29
EPS, 5-year averageRs -91.91
Book value per shareRs -511.28
Sales per shareRs 45.08
Cash flow per shareRs -6.13
Free cash flow per shareRs -5.01
Efficiency
Asset turnover0.05x
Fixed asset turnover0.08x
Inventory turnover2.01x
Inventory days182 days
Debtor days37 days
Debtors turnover9.75x
Creditor days1865 days
Cash conversion cycle-1574 days
Working capital days-12494 days
Leverage
Total debtRs 117 Cr
Cash and bankRs 1 Cr
Net debtRs 116 Cr
Debt to equity-0.57x
Interest coverage-1.05x
Owners' fund to total sources-166.73%
Debt to assets95.18%
Cash flow
Cash from Operating Activity (latest year)Rs -2 Cr
Net Cash Flow (latest year)Rs -2 Cr
Free cash flow (latest year)Rs -2 Cr
FCFE (approx.: FCF + change in debt)Rs -2 Cr
Statement figures
Net sales (TTM)Rs 18 Cr
Net sales (latest year)Rs 7 Cr
Sales (latest quarter)Rs 6 Cr
Operating profit excl. other income (latest year)Rs -5 Cr
Operating profit (latest quarter)Rs -3 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs -17 Cr
PBDT (TTM)Rs -35 Cr
Profit before tax (TTM)Rs -38 Cr
Tax (latest year)Rs -2 Cr
Net profit (TTM)Rs -38 Cr
Net profit (latest year)Rs -10 Cr
Net profit (latest quarter)Rs -9 Cr
Depreciation (TTM)Rs 3 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 19 Cr
Cost of goods sold (latest year)Rs 8 Cr
Total expenditure (latest year)Rs 12 Cr
Total income (latest year)Rs 7 Cr
Share capitalRs 4 Cr
ReservesRs -208 Cr
Shareholders' fundsRs -204 Cr
Total assetsRs 122 Cr
Net blockRs 85 Cr
ReceivablesRs 1 Cr
InventoryRs 4 Cr
Other liabilitiesRs 210 Cr
Shares outstanding (crore)0.40
Ownership
Promoter holding74.94% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodRAJVIRNifty 50Difference
1 week-7.6%-2.8% -4.8 pts
1 month-41.1%-6.8% -34.3 pts
3 months-0.8%-7.6% +6.9 pts
6 months-31.4%+0.4% -31.9 pts
1 year-88.9%-9.9% -78.9 pts
2 years-89.1%-13.6% -75.6 pts
3 years+24.0%+14.2% +9.9 pts
5 years-26.1%+27.9% -54.0 pts

Red flags

F-score 3 of 8
seriousNegative equity Shareholders' equity is negative
explainReceivables outrunning sales Receivables grew 5% vs sales -64% in 2023
lookRepeated losses Net loss in each of the last two years
lookOn NSE surveillance On NSE surveillance: GSM
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Dec 2020
Sales ₹6 Cr -15.9% vs Dec 2019. Net loss ₹9 Cr.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2020-09-22 Annual General Meeting
2019-09-20 Annual General Meeting
2018-09-24 Annual General Meeting
2017-09-22 Annual General Meeting
2016-09-27 Annual General Meeting
2015-08-25 Annual General Meeting
2014-09-18Annual General Meeting
2013-09-19Annual General Meeting
2012-09-18Annual General Meeting
2011-09-21Annual General Meeting And Dividend Rs.4/- Per Share
2010-09-08Annual General Meeting And Dividend Rs.2/- Per Share
2009-09-18Agm/Div-Rs.2/- Per Share
2008-09-19Agm/Dividend - 40%
2007-09-24Agm/Dividend-40%
2006-09-21Agm/Dividend-40%
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-07-30NCLTState Bank of India Vs Rajvir Industries Ltd Vs
2021-07-09NCLTState Bank of India Vs Rajvir Industries Ltd Vs
2021-06-30NCLTState Bank of India Vs Rajvir Industries Ltd Vs
2021-03-24NCLTSPP Poly Pack Pvt Ltd Vs Rajvir Industries Ltd
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
GSMLess than 100 unique PAN traded in previous 30 daysThe Overall encumbered share in the scrip is more than 50 Percent.Under BZ/SZ Series
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03