Ratnaveer Precision Engineering Ltd

NEW
NSE:RATNAVEER (India)  
₹ 169.92 (-0.59%) Jan 17
19.73
P/B:
2.67
Market Cap:
₹ 9.02B ($ 104.14M)
Enterprise V:
₹ 9.28B ($ 107.14M)
Volume:
188.46K
Avg Vol (2M):
615.70K
Trade In:
Volume:
188.46K

Business Description

Description
Ratnaveer Precision Engineering Ltd is a stainless steel (SS) product manufacturer focused on producing finished sheets, washers, solar roofing hooks, pipes and tubes. It manufactures finishing sheets, washers, and solar mounting hooks at Unit I and SS pipes & tubes at Unit II. Unit III and Unit IV are dedicated to the backward integration process where Unit III is the melting unit where the company melts steel scrap and turns it into steel ingots and Unit IV is the rolling unit where flat ingots are further processed to turn them into sheets which are the raw material for washers. Geographically, the company derives a majority of its revenue from its customers within India, and the rest from countries like Germany, Italy, Sweden, Austria, France, and others through exports.
Name Current Vs Industry Vs History
Cash-To-Debt 0.76
Equity-to-Asset 0.54
Debt-to-Equity 0.31
Debt-to-EBITDA 1.39
Interest Coverage 5.12
Piotroski F-Score 5/9
0
1
2
3
4
5
6
7
8
9
Altman Z-Score 3.81
Distress
Grey
Safe
Beneish M-Score -1.9
Manipulator
Not Manipulator
WACC vs ROIC
WACC
ROIC

Momentum Rank

Name Current Vs Industry Vs History
5-Day RSI 39.46
9-Day RSI 34.9
14-Day RSI 34.89
3-1 Month Momentum % -0.43
6-1 Month Momentum % 11.97
12-1 Month Momentum % 68.82

Liquidity Ratio

Name Current Vs Industry Vs History
Current Ratio 1.9
Quick Ratio 0.87
Cash Ratio 0.34
Days Inventory 134.16
Days Sales Outstanding 19.78
Days Payable 55.64

Dividend & Buy Back

Name Current Vs Industry Vs History
Shareholder Yield % 7.97