--- title: "Rama Vision Ltd (RAMAVISION) — Share Price, Financials & Analysis" symbol: "RAMAVISION" company: "Rama Vision Ltd" canonical: "https://tapetide.com/stocks/RAMAVISION" bse_code: "523289" sector: "Services" industry: "Commercial Services & Supplies" generated_at: "2026-10-13T10:57:24.365Z" --- # Rama Vision Ltd (RAMAVISION) Canonical page: https://tapetide.com/stocks/RAMAVISION ## Company - **BSE Code:** 523289 - **Sector:** Services - **Industry:** Commercial Services & Supplies - **Macro Sector:** Services - **Face Value:** ₹10 - **F&O Eligible:** No - **Website:** ramavisionltd.com ## About Incorporated in 1989, Rama Vision Ltd trades in mother & baby care, skincare, oral & personal care, and food products.[1] ## Latest Price - **Price:** ₹175.7 - **Change:** -0.65 (-0.37%) - **Open:** ₹184.65 - **Day High:** ₹184.65 - **Day Low:** ₹173.4 - **Previous Close:** ₹176.35 - **Volume:** 1368 - **As Of:** 2026-10-13T10:02:25+00:00 ## Key Insights ### Strengths - Company is expected to give good quarter - Company has delivered good profit growth of 127% CAGR over last 5 years - Company's median sales growth is 21.3% of last 10 years ### Weaknesses - Though the company is reporting repeated profits, it is not paying out dividend ## Growth Rates | Metric | 1Y | 3Y | 5Y | | --- | --- | --- | --- | | net income growth | 180% | 36% | 127% | | revenue growth | 46% | 25% | 24% | ## Financial Statements ### Quarterly Results All figures in ₹ crore unless the row name says otherwise. | Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Sales | 21.96 | 24.43 | 22.96 | 26.83 | 27.95 | 29.46 | 29.63 | 33.99 | 40.57 | 41.93 | 42.26 | 51.42 | | Expenses | 20.5 | 22.54 | 20.94 | 24.42 | 26.1 | 27.94 | 28.15 | 31.69 | 37.56 | 37.64 | 39.76 | 47.7 | | Operating Profit | 1.46 | 1.89 | 2.02 | 2.41 | 1.85 | 1.52 | 1.48 | 2.3 | 3.01 | 4.29 | 2.5 | 3.72 | | OPM % | 6.65 | 7.74 | 8.8 | 8.98 | 6.62 | 5.16 | 4.99 | 6.77 | 7.42 | 10.23 | 5.92 | 7.23 | | Other Income | 0.03 | 0.01 | 0.11 | 0.09 | 0.1 | 0.09 | 0.15 | 0.08 | 0.08 | -0.66 | 0.18 | 0.08 | | Interest | 0.3 | 0.32 | 0.54 | 0.49 | 0.56 | 0.65 | 0.49 | 0.51 | 0.5 | 0.59 | 0.42 | 0.46 | | Depreciation | 0.11 | 0.2 | 0.4 | 0.42 | 0.43 | 0.43 | 0.42 | 0.45 | 0.45 | 0.46 | 0.45 | 0.55 | | Profit before tax | 1.08 | 1.38 | 1.19 | 1.59 | 0.96 | 0.53 | 0.72 | 1.42 | 2.14 | 2.58 | 1.81 | 2.79 | | Tax % | 27.78 | 26.81 | 26.05 | 25.16 | 29.17 | 24.53 | 23.61 | 26.06 | 23.36 | 26.36 | 25.41 | 25.45 | | Net Profit | 0.79 | 1.01 | 0.89 | 1.19 | 0.69 | 0.41 | 0.54 | 1.04 | 1.63 | 1.9 | 1.36 | 2.09 | | EPS in Rs | 0.76 | 0.97 | 0.85 | 1.14 | 0.66 | 0.39 | 0.52 | 1 | 1.56 | 1.82 | 1.3 | 2 | ### Profit & Loss All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Sales | 29 | 35 | 43 | 55 | 62 | 82 | 90 | 114 | 159 | 176 | | Expenses | 29 | 34 | 42 | 53 | 59 | 77 | 83 | 107 | 147 | 163 | | Operating Profit | 0 | 1 | 2 | 2 | 3 | 5 | 7 | 7 | 12 | 14 | | OPM % | 1.5 | 4.2 | 3.5 | 3.6 | 4.2 | 6 | 7 | 6 | 8 | 8 | | Other Income | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | | Interest | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 2 | 2 | 2 | | Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 2 | | Profit before tax | 0 | 0 | 0 | 2 | 2 | 3 | 5 | 4 | 8 | 9 | | Tax % | -33 | 33 | 20 | 80 | 25 | 27 | 26 | 26 | 25 | — | | Net Profit | 0 | 0 | 0 | 0 | 1 | 3 | 3 | 3 | 6 | 7 | | EPS in Rs | -0.07 | 0.07 | 0.04 | 0.31 | 1.46 | 2.53 | 3.25 | 2.71 | 5.68 | 6.68 | | Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | ### Balance Sheet All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | | Reserves | 7 | 7 | 8 | 8 | 8 | 9 | 12 | 17 | 20 | 26 | | Borrowings | 6 | 7 | 9 | 8 | 4 | 8 | 10 | 19 | 20 | 21 | | Other Liabilities | 3 | 2 | 2 | 3 | 3 | 5 | 5 | 10 | 10 | 19 | | Total Liabilities | 26 | 26 | 29 | 29 | 26 | 33 | 37 | 57 | 61 | 76 | | Fixed Assets | 8 | 8 | 8 | 8 | 7 | 9 | 9 | 29 | 29 | 29 | | CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | | Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Other Assets | 18 | 18 | 21 | 20 | 18 | 24 | 27 | 27 | 32 | 47 | | Total Assets | 26 | 26 | 29 | 29 | 26 | 33 | 37 | 57 | 61 | 76 | ### Cash Flow All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Cash from Operating Activity | 2 | -1 | -2 | 2 | 4 | 0 | -4 | 6 | -3 | 1 | | Cash from Investing Activity | 0 | 0 | 0 | -1 | 1 | -2 | -2 | -19 | -1 | -1 | | Cash from Financing Activity | -1 | 1 | 2 | -1 | -3 | 4 | 2 | 12 | 4 | 1 | | Net Cash Flow | 0 | 0 | 0 | 0 | 2 | 2 | -3 | -1 | 0 | 0 | | Free Cash Flow | 1 | -1 | -2 | 1 | 5 | -1 | -5 | -13 | -4 | -1 | | CFO/OP | 733 | -133 | -117 | 107 | 201 | 19 | -60 | 106 | -21 | 17 | ### Ratios | Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Debtor Days | 10 | 13 | 19 | 21 | 18 | 22 | 22 | 22 | 27 | 29 | | Inventory Days | 182 | 217 | 222 | 168 | 99 | 100 | 93 | 79 | 73 | 87 | | Days Payable | 1 | 2 | 5 | 12 | 4 | 12 | 4 | 7 | 3 | 20 | | Cash Conversion Cycle | 191 | 227 | 236 | 178 | 113 | 111 | 111 | 93 | 97 | 96 | | Working Capital Days | 121 | 123 | 108 | 91 | 77 | 52 | 57 | 44 | 44 | 44 | | ROCE % | 0 | 0 | 5 | 5 | 7 | 9 | 14 | 15 | 12 | 20 | ## Shareholding Pattern ### annual | Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Promoters | 51.77% | 51.78% | 51.87% | 52.03% | 52.19% | 52.35% | 52.39% | 54.21% | 54.21% | 54.72% | 54.72% | | DIIs | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0% | | Public | 48.18% | 48.17% | 48.08% | 47.91% | 47.75% | 47.6% | 47.57% | 45.74% | 45.73% | 45.21% | 45.27% | | No. of Shareholders | 15884 | 15444 | 15311 | 15152 | 15098 | 15223 | 15188 | 15123 | 15955 | 15133 | 15063 | ### Quarterly | Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Promoters | 54.21% | 54.21% | 54.21% | 54.21% | 54.21% | 54.21% | 54.21% | 54.22% | 54.62% | 54.72% | 54.72% | 54.72% | | DIIs | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0% | | Public | 45.74% | 45.74% | 45.74% | 45.74% | 45.73% | 45.73% | 45.73% | 45.72% | 45.32% | 45.21% | 45.21% | 45.27% | | No. of Shareholders | 15019 | 14983 | 15123 | 15164 | 15542 | 15993 | 15955 | 15824 | 15607 | 15273 | 15133 | 15063 | ## Technical Indicators Derived from daily closing prices and recomputed each trading session; values move with the market. - **Overall Signal:** Strong Buy - **Buy / Neutral / Sell:** 10 / 5 / 4 ### Moving Averages — summary: **Strong Buy** | Indicator | Value | Signal | | --- | --- | --- | | SMA (10) | 177.35 | Sell | | EMA (10) | 176.09 | Sell | | SMA (20) | 174.29 | Buy | | EMA (20) | 174 | Buy | | SMA (50) | 163.72 | Buy | | EMA (50) | 165.83 | Buy | | SMA (100) | 152.71 | Buy | | EMA (100) | 157.19 | Buy | | SMA (200) | 145.65 | Buy | | EMA (200) | 144.28 | Buy | ### Oscillators — summary: **Neutral** | Indicator | Value | Signal | | --- | --- | --- | | RSI (14) | 52.54 | Neutral | | MACD (12,26,9) | 3.48 | Sell | | Stochastic (14,3,3) | 48.68 | Neutral | | ADX (14) | 28.45 | Buy | | Williams %R (14) | -54.14 | Neutral | | ATR (14) | 12.17 | High Volatility | | ROC (12) | -0.37 | Sell | | Stoch RSI (14) | 0 | Buy | | UO (7,14,28) | 35.63 | Neutral | ## Filings & Documents ### Other Documents | Date | Document | | --- | --- | | 2026-10-09 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=781621b7-b49c-434b-8d88-21dbb79ccda1.pdf) | | 2026-09-26 | [Shareholder Meeting / Postal Ballot-Scrutinizer''s Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4ea7d495-03a2-482d-a259-75e2f15cfb73.pdf) | | 2026-09-25 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5c483ab5-eddd-493d-addd-e5cb17789b1a.pdf) | | 2026-09-25 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=518a6936-a5cf-406a-b9d0-832ef891ac91.pdf) | | 2026-09-11 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=78866dc4-5f45-4cd1-890c-1da32e7628e7.pdf) | | 2026-09-05 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=45f03da7-b467-4c25-a47f-bac59b2fce1a.pdf) | | 2026-09-02 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3c416121-e80e-4853-8d31-90564f08b2d5.pdf) | | 2026-09-01 | [Notice Of The 37Th Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b071709c-0af4-4e70-9e9d-5259d028afd5.pdf) | | 2026-09-01 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=43ec5d05-b2d8-493f-a554-abb9fd899dd4.pdf) | | 2026-09-01 | [Intimation Of Book Closure For The Purpose Of 37Th Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eade96fe-bb7b-4c30-b4ab-87ed6c8273a5.pdf) | ### Annual Reports | Date | Document | | --- | --- | | 2026 | [Annual Report 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/43ec5d05-b2d8-493f-a554-abb9fd899dd4.pdf) | | 2025 | [Annual Report 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dfc9ad32-296b-4351-a584-a26e48f7d935.pdf) | | 2024 | [Annual Report 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c6a8ccc7-38f5-42fb-9871-a233000c86e9.pdf) | | 2023 | [Annual Report 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/98445eb9-02ae-46e9-b3a0-dd8f72ad3eb6.pdf) | | 2022 | [Annual Report 2022](https://www.bseindia.com/bseplus/AnnualReport/523289/75621523289.pdf) | | 2021 | [Annual Report 2021](https://www.bseindia.com/bseplus/AnnualReport/523289/70963523289.pdf) | | 2020 | [Annual Report 2020](https://www.bseindia.com/bseplus/AnnualReport/523289/65442523289.pdf) | | Mar 2019 | [Annual Report 2019](https://www.bseindia.com/bseplus/AnnualReport/523289/5232890319.pdf) | | Mar 2018 | [Annual Report 2018](https://www.bseindia.com/bseplus/AnnualReport/523289/5232890318.pdf) | | Mar 2017 | [Annual Report 2017](https://www.bseindia.com/bseplus/AnnualReport/523289/5232890317.pdf) | ### Credit Rating Reports | Date | Document | | --- | --- | | 2026-08-14 | Credit rating update — Acuité | | 2025-05-29 | Credit rating update — Acuité | | 2025-03-31 | Credit rating update — CARE Ratings | | 2024-03-21 | Credit rating update — CARE Ratings | | 2024-03-01 | Credit rating update — Acuité | | 2023-02-06 | Credit rating update — CARE Ratings | --- Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:57:24.365Z.