Raghav Productivity Enhancers Ltd logo

Raghav Productivity Enhancers Ltd

RPEL NSE

Key Fundamentals

MicrocapElectrodes & RefractoriesIndustrial Products
Market Cap
₹6,552 Cr
Volatility
Moderate
P/E Ratio
109.06
EBITDA
₹77.40 Cr
Return on Equity
22.41%
Debt to Equity
0.02
Book Value
₹53.25
EPS
₹12.42
52W High
₹1,473
52W Low
₹561.3

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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31 extracted metrics + investor summaries across FY16–FY26.

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

4
  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 42.2% CAGR over last 5 years

Weaknesses

1
  • Stock is trading at 26.8 times its book value

Growth Rate

Revenue Growth
28.96% ↗
Net Income Growth
48.11% ↗
Cash Flow Change
-4.34% ↘
ROE
17.39% ↘
ROCE
16.23% ↘
EBITDA Margin (Avg.)
8.94% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 18d ago
AI opinion · based on fundamentals
Risk high

Raghav Productivity Enhancers Ltd is a small-cap industrial products company with a market cap of ₹5,816 Cr, trading at a PE of 93.5x and 23.97x book value. The company has delivered strong profit growth of 42% CAGR over 5 years and 34% TTM sales growth, but its valuation multiples are significantly elevated relative to earnings and book value.

Bull Case 8
  • Strong 5-year compounded profit growth of 42% CAGR demonstrates consistent earnings expansion
  • TTM sales growth of 34% indicates continued revenue momentum in recent quarters
  • Company is almost debt-free, providing financial flexibility and low interest burden
  • ROE of 24% in the last year reflects efficient capital utilization and strong return generation
  • Consistent 3-year and 5-year ROE of 21% shows sustained profitability is not a one-off event
  • TTM profit growth of 55% is accelerating compared to the 3-year CAGR of 28%, suggesting improving operating leverage
  • 5-year compounded sales growth of 32% indicates a structural demand tailwind for the company's products
  • Company has actively reduced debt levels, strengthening the balance sheet for future growth investments
Bear Case 8
  • PE ratio of 93.5x is extremely elevated, implying the stock prices in many years of flawless execution
  • Price-to-book of 23.97x leaves minimal margin of safety if growth disappoints even marginally
  • Dividend yield of just 0.08% offers negligible income return to shareholders at current prices
  • Stock price CAGR of 101% over 1 year has far outpaced the 55% TTM profit growth, suggesting valuation expansion rather than earnings-driven returns
  • 3-year stock CAGR of 67% significantly exceeds 3-year profit CAGR of 28%, indicating multiples have expanded substantially
  • Small market cap of ₹5,816 Cr may result in lower liquidity and higher volatility during market corrections
  • At 93.5x PE, even maintaining 42% profit growth for 3 more years would still leave the stock at roughly 33x forward earnings, still premium
  • Absence of 52-week high/low data limits ability to assess current price relative to recent trading range

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 15d ago
Positives 3
  • Subsidiary wins two quartz patents Jul 25

    Raghav Productivity Solutions granted two patents for quartz processing inventions by the Patent Office of India, strengthening IP moat in industrial minerals.

  • Q1 net profit surges 68% YoY Jul 16

    Consolidated net profit rose 68% YoY to ₹195.74 crore on revenue of ₹869.13 crore (up 49% YoY), with EBITDA margin expanding to 29.61% from 27.24% and volumes growing 25% to 97,000 MT.

  • Brownfield capacity expansion on track Jul 16

    Installed capacity targeted to reach 534,000 MTPA by October 2026 via brownfield expansion, supporting continued volume growth.

TL;DR: RPEL is firing on all cylinders — strong volume growth, margin expansion, and a 68% profit jump in Q1 signal robust operational execution. The patent wins add an IP edge in quartz processing. No visible headwinds emerged in the recent news cycle. The forward outlook hinges on successful capacity ramp-up to 534,000 MTPA by Oct 2026, which if delivered should sustain the current growth trajectory.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
30
32
32
39
45
49
55
51
58
64
64
71
87
Expenses
22
23
22
27
33
36
41
36
43
45
45
49
61
Operating Profit
8
10
10
12
12
13
14
14
16
19
19
21
26
OPM %
28%
30%
31%
31%
27%
26%
26%
28%
27%
29%
30%
30%
30%
Other Income
0
0
0
0
0
0
0
0
1
1
1
0
1
Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
Depreciation
1
1
2
2
2
1
2
2
2
2
2
2
2
PBT
8
9
8
10
11
11
13
13
15
17
18
19
25
Tax %
25%
27%
27%
23%
23%
23%
22%
23%
21%
20%
22%
22%
21%
Net Profit
6
6
6
8
8
9
10
10
12
14
14
15
20
EPS in Rs
1.25
1.38
1.3
1.72
1.81
1.91
2.14
2.21
2.54
3.01
3.08
3.3
4.26
Figures in ₹ Crores

Profit & Loss

  Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
65
100
137
133
200
257
286
Expenses
50
75
101
93
146
182
201
Operating Profit
15
25
36
40
54
75
85
OPM %
23%
25%
26%
30%
27%
29%
30%
Other Income
0
2
0
0
1
2
2
Interest
1
0
0
1
1
1
1
Depreciation
2
2
3
5
6
7
7
PBT
12
24
34
35
48
70
80
Tax %
25%
24%
25%
25%
23%
21%
—
Net Profit
9
18
25
26
37
55
63
EPS in Rs
2.1
4.09
5.48
5.66
8.05
11.94
13.65
Div. Payout %
6%
6%
5%
8%
12%
8%
—
Figures in ₹ Crores

Balance Sheet

  Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
11
11
11
23
46
46
Reserves
54
98
122
135
148
199
Borrowings
0
6
10
9
7
5
Other Liabilities
10
18
18
19
31
34
Total Liabilities
75
132
161
186
231
284
Fixed Assets
28
27
27
88
93
98
CWIP
0
31
59
0
2
4
Investments
0
2
6
14
34
41
Other Assets
47
73
69
84
102
141
Total Assets
75
132
161
186
231
284
Figures in ₹ Crores

Cash Flow

  Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
11
9
20
21
39
37
Investing
-13
-42
-24
-15
-30
-31
Financing
8
29
3
-3
-5
-7
Net Cash Flow
7
-4
-1
2
4
-1
Free Cash Flow
9
-26
-14
12
25
23
CFO/OP
92
56
77
74
86
70
Figures in ₹ Crores

Ratios

  Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
103
131
98
109
94
83
Inventory Days
149
166
159
260
223
272
Days Payable
75
130
99
121
114
100
Cash Conversion Cycle
177
167
159
248
202
255
Working Capital Days
130
115
125
162
119
129
ROCE %
—
26%
26%
23%
26%
30%

Shareholding Pattern

As of Jun 2026
Promoters 62.90%
Public 28.05%
Others 8.23%
FIIs 0.81%
DIIs 0.01%
Total 100.00%
  Feb 2021Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Aug 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
69.61%
69.61%
69.61%
69.61%
69.61%
69.61%
69.61%
69.61%
66.39%
62.92%
62.92%
62.92%
62.92%
62.92%
62.92%
62.92%
62.92%
62.92%
62.92%
62.91%
62.91%
62.91%
62.91%
62.90%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.04%
0.00%
0.01%
0.05%
0.18%
0.14%
0.15%
0.11%
0.37%
0.81%
DIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.01%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
23.94%
22.26%
22.15%
21.86%
21.57%
21.47%
21.50%
21.36%
24.96%
28.84%
29.85%
29.99%
29.81%
29.82%
29.59%
29.39%
29.17%
28.85%
28.47%
28.27%
28.15%
28.56%
28.31%
28.05%
Others
6.45%
8.14%
8.24%
8.53%
8.82%
8.93%
8.90%
9.04%
8.65%
8.24%
7.23%
7.09%
7.27%
7.27%
7.45%
7.69%
7.91%
8.18%
8.43%
8.68%
8.79%
8.42%
8.41%
8.23%
No. of Shareholders
776
732
1,564
6,383
5,285
4,942
4,993
5,255
5,339
6,636
8,792
10,730
10,036
9,801
8,724
8,659
9,868
13,450
14,977
14,151
14,315
13,312
12,868
14,899

Documents

1
Concall - Jun 2021 Jun 2021
2
Concall - Jul 2022 Jul 2022
3
Concall - Jul 2023 Jul 2023
4
Concall - Aug 2024 Aug 2024
5
Concall - Aug 2025 Aug 2025

Frequently Asked Questions about Raghav Productivity Enhancers Ltd

What does Raghav Productivity Enhancers Ltd do?
Incorporated in 2009, Raghav Productivity Enhancers Ltd manufactures ramming mass for induction furnaces and quartz powder. It sells its products under the brand name of “Raghav”.[1]
Where is Raghav Productivity Enhancers Ltd (RPEL) listed?
Raghav Productivity Enhancers Ltd is listed on the Indian stock exchanges. It is listed on NSE: RPEL and BSE: 539837. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Raghav Productivity Enhancers Ltd belong to?
Raghav Productivity Enhancers Ltd operates in the Industrial Products sector within the Electrodes & Refractories industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Raghav Productivity Enhancers Ltd?
Raghav Productivity Enhancers Ltd has a market capitalisation of approximately ₹6551.68 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Raghav Productivity Enhancers Ltd?
The Price-to-Earnings (PE) ratio of Raghav Productivity Enhancers Ltd is 109.06. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Raghav Productivity Enhancers Ltd?
Over the past 52 weeks, Raghav Productivity Enhancers Ltd has traded between a low of ₹561.3 and a high of ₹1,473. This range helps investors understand the stock's price volatility and recent trading levels.
Does Raghav Productivity Enhancers Ltd pay dividends?
Yes, Raghav Productivity Enhancers Ltd has a dividend yield of 0.07%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Raghav Productivity Enhancers Ltd?
Raghav Productivity Enhancers Ltd has a Return on Equity (ROE) of 22.41%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Raghav Productivity Enhancers Ltd on Tapetide?
On Tapetide, you can view Raghav Productivity Enhancers Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Incorporated in 2009, Raghav Productivity Enhancers Ltd manufactures ramming mass for induction furnaces and quartz powder. It sells its products under the brand name of “Raghav”.[1]

Website rammingmass.com
CEO Mr. Sanjay Kabra
Employees 103
Listed 2024-08-08
Face Value ₹ 10
Issued Size 4,59,11,960

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