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Rishi Techtex

  • Market Cap: Micro Cap
  • Industry: Packaging
  • ISIN: INE989D01010
  • NSEID: RISHIPACK
  • BSEID: 523021
INR
49.60
1.35 (2.8%)
BSENSE

Apr 11, 12:47 PM

BSE+NSE Vol: 206

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

206.0 (64.80%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

34.45%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 8.02%

  • Poor long term growth as Net Sales has grown by an annual rate of 8.37% and Operating profit at 0.81% over the last 5 years
  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.39 times
2

Flat results in Dec 24

3

Stock is technically in a Bearish range

4

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Packaging

stock-summary
Market cap

INR 37 Cr (Micro Cap)

stock-summary
P/E

23.00

stock-summary
Industry P/E

16

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.70

stock-summary
Return on Equity

4.73%

stock-summary
Price to Book

1.09

Revenue and Profits (1 Year):
Net Sales:
31 Cr
(Quarterly Results - Dec 2024)
Net Profit:
0 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-17.26%
0%
-17.26%
1 Year
-16.37%
0%
-16.37%
2 Years
148.0%
0%
148.0%
3 Years
55.24%
0%
55.24%
4 Years
84.73%
0%
84.73%
5 Years
222.08%
0%
222.08%

Rishi Techtex for the last several years.

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
8.37%
EBIT Growth (5y)
0.81%
EBIT to Interest (avg)
1.57
Debt to EBITDA (avg)
3.57
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.89
Tax Ratio
47.67%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
7.96%
ROE (avg)
4.15%
Valuation key factors
Factor
Value
P/E Ratio
23
Industry P/E
16
Price to Book Value
1.09
EV to EBIT
10.96
EV to EBITDA
7.17
EV to Capital Employed
1.05
EV to Sales
0.49
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
9.40%
ROE (Latest)
4.73%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Abhishek Harshad Patel (13.76%)

Highest Public shareholder

Centennial Finance Ltd (6.9%)

Individual Investors Holdings

54.29%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 1.29% vs 13.22% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -41.51% vs 35.90% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "31.49",
          "val2": "31.09",
          "chgp": "1.29%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1.86",
          "val2": "2.18",
          "chgp": "-14.68%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.65",
          "val2": "0.65",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.31",
          "val2": "0.53",
          "chgp": "-41.51%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "5.91%",
          "val2": "7.01%",
          "chgp": "-1.10%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 7.91% vs 6.10% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 31.43% vs 84.21% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "58.55",
          "val2": "54.26",
          "chgp": "7.91%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "4.03",
          "val2": "3.44",
          "chgp": "17.15%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.33",
          "val2": "1.28",
          "chgp": "3.91%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.92",
          "val2": "0.70",
          "chgp": "31.43%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.88%",
          "val2": "6.34%",
          "chgp": "0.54%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 9.83% vs 4.63% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 19.42% vs 83.93% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "90.04",
          "val2": "81.98",
          "chgp": "9.83%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "5.89",
          "val2": "5.12",
          "chgp": "15.04%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.98",
          "val2": "1.96",
          "chgp": "1.02%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.23",
          "val2": "1.03",
          "chgp": "19.42%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.54%",
          "val2": "6.25%",
          "chgp": "0.29%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 4.59% vs 5.93% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 21.62% vs -15.91% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "111.74",
          "val2": "106.84",
          "chgp": "4.59%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "7.40",
          "val2": "5.94",
          "chgp": "24.58%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.63",
          "val2": "2.67",
          "chgp": "-1.50%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.35",
          "val2": "1.11",
          "chgp": "21.62%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.62%",
          "val2": "5.56%",
          "chgp": "1.06%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
31.49
31.09
1.29%
Operating Profit (PBDIT) excl Other Income
1.86
2.18
-14.68%
Interest
0.65
0.65
Exceptional Items
0.00
0.00
Standalone Net Profit
0.31
0.53
-41.51%
Operating Profit Margin (Excl OI)
5.91%
7.01%
-1.10%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 1.29% vs 13.22% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is -41.51% vs 35.90% in Sep 2024

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
58.55
54.26
7.91%
Operating Profit (PBDIT) excl Other Income
4.03
3.44
17.15%
Interest
1.33
1.28
3.91%
Exceptional Items
0.00
0.00
Standalone Net Profit
0.92
0.70
31.43%
Operating Profit Margin (Excl OI)
6.88%
6.34%
0.54%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 7.91% vs 6.10% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 31.43% vs 84.21% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
90.04
81.98
9.83%
Operating Profit (PBDIT) excl Other Income
5.89
5.12
15.04%
Interest
1.98
1.96
1.02%
Exceptional Items
0.00
0.00
Standalone Net Profit
1.23
1.03
19.42%
Operating Profit Margin (Excl OI)
6.54%
6.25%
0.29%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 9.83% vs 4.63% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 19.42% vs 83.93% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
111.74
106.84
4.59%
Operating Profit (PBDIT) excl Other Income
7.40
5.94
24.58%
Interest
2.63
2.67
-1.50%
Exceptional Items
0.00
0.00
Standalone Net Profit
1.35
1.11
21.62%
Operating Profit Margin (Excl OI)
6.62%
5.56%
1.06%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 4.59% vs 5.93% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 21.62% vs -15.91% in Mar 2023

stock-summaryCompany CV
About Rishi Techtex Ltd stock-summary
stock-summary
Rishi Techtex Ltd
Micro Cap
Packaging
Incorporated in 1984, Rishi Techtex Limited (Formerly known Rishi Packers Limited) was promoted by B G N Patel. The Company changed its name from Rishi Packers Limited to Rishi Techtex Limited effective on March 3, 2011. The Company is one of India's leading science-driven technical textile companies. It is is engaged in manufacturing and exports of HDPE/PP Woven Sacks and Shade Nets. It has two manufacturing plants, one at Union Territory of Daman and the other at Union Territory of Dadra.
Company Coordinates stock-summary
Company Details
612 Veena Killedar Indl Estate, 10/14 Pais Street Byculla (W) Mumbai Maharashtra : 400011
stock-summary
Tel: 91-022-23075677/23074585
stock-summary
info@rishitechtex.com
Registrar Details
Adroit Corporate Services Pvt Ltd, 17-20 Jaferbhoy Industrial Estate , 1st Floor, Makwana Road, Marol Naka, Mumbai