RAGHAV PRODUCTIVITY ENHANCERS LIMITED
₹1,667.50-₹54.00 (-3.1%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹4,170 Cr
- P/E
- 154.0x
- EV / EBITDA
- 112.3x
- Revenue
- ₹115 Cr
- Net margin
- 21.0%
- ROCE
- 22.6%
Price chart
Technical chartScreen technicals →+133.3% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -7.8%
- 3M
- +30.7%
- 6M
- +137.8%
- 1Y
- +133.3%
- 5Y
- +798.5%
52-week range
Day change -₹54.00 (-3.1%) from ₹1,722 to ₹1,668 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in RPEL, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong 5-year net profit CAGR of 22.7%
Concerns1
- Valuation elevated — PE of 154.0x is 166% above peer average of 57.8x
Rule-based from financial data. Not advice.
About the company
Raghav Productivity Enhancers Limited manufactures, trades in, and sells ramming mass and other quartz related items in India and internationally. It offers silica ramming mass and refractory products for use in creating linings for furnaces, incinerators, kilns, and reactors. The company also exports its products. It serves recycled steel manufacturers, as well as foundry, steel, and incineration industries.
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Raghav Productivity Enhancers Limited manufactures, trades in, and sells ramming mass and other quartz related items in India and internationally. It offers silica ramming mass and refractory products for use in creating linings for furnaces, incinerators, kilns, and reactors. The company also exports its products. It serves recycled steel manufacturers, as well as foundry, steel, and incineration industries. The company was formerly known as Raghav Ramming Mass Limited and changed its name to Raghav Productivity Enhancers Limited in November 2017. Raghav Productivity Enhancers Limited was incorporated in 2009 and is based in Jaipur, India.
- Sector
- Industrials
- Shares outstanding
- 4.6 Cr shares
- ISIN
- INE912T01018
- BSE code
- 539837
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹4,170 Cr
- P/E
- 154.0x
- P/B
- 21.9x
- EV / EBITDA
- 112.3x
- EV / Sales
- 34.9x
- P/S
- 35.0x
- Earnings yield
- 0.6%
- 52-week high
- ₹1,883.50
- 52-week low
- ₹566.50
Profitability
- Operating margin
- 30.3%
- Net margin
- 21.0%
- EBITDA margin
- 31.1%
- ROE
- 15.7%
- ROCE
- 22.6%
- ROA
- 14.3%
- Dividend payout
- 8.0%
- Tax rate
- 26.0%
- Other income, % of PBT
- 2.9%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹115 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -3.4%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 12.2%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹37.0 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -2.6%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -16.0%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 22.7%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹26.0 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 30.0%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹2.00 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 15.1%
Solvency and efficiency
- Current ratio
- 9.44
- Debt / Equity
- 0.00
- Debt / Assets
- 0.00
- Financial leverage
- 1.10
- CFO / Net profit
- 1.04
- Cash / Market cap
- 1.7%
- Cash per share
- ₹15.63
- Asset turnover
- 0.68
- Fixed asset turnover
- 5.17
- Capital intensity
- 0.19
- Debtor days
- 104 days
- Inventory turnover
- 1.54
- Cash conversion cycle
- 243 days
Where the revenue went
Some FY2025 lines are not reported, so the ones that are appear as a table.
| Line | FY2025 |
|---|---|
| Sales | ₹115 Cr |
| Expenses | ₹86 Cr |
| Operating profit | ₹29 Cr |
| Other income | ₹2 Cr |
| Interest | ₹0 Cr |
| Depreciation | ₹3 Cr |
| Profit before tax | ₹29 Cr |
| Tax and other | ₹8 Cr |
| Net profit | ₹21 Cr |
Revenue and net profit
Revenue fell 3.4% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹65 Cr | ₹9 Cr |
| FY2022 | ₹101 Cr | ₹19 Cr |
| FY2023 | ₹138 Cr | ₹26 Cr |
| FY2024 | ₹119 Cr | ₹25 Cr |
| FY2025 | ₹115 Cr | ₹21 Cr |
Cash flows
FY2025: ₹27.0 Cr from operations, ₹3.00 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹11 Cr | -₹2 Cr |
| FY2022 | ₹8 Cr | -₹34 Cr |
| FY2023 | ₹20 Cr | ₹6 Cr |
| FY2024 | ₹26 Cr | ₹5 Cr |
| FY2025 | ₹27 Cr | ₹3 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹115 Cr-3.4%1Y
- Net profit
- ₹21 Cr-16.0%1Y
- Cash from operations
- ₹27 Cr
- Free cash flow
- ₹3 Cr-40.0%1Y
- Revenue CAGR, 5Y
- 12.2%
- EBITDA CAGR, 5Y
- 18.3%
- Net profit CAGR, 5Y
- 22.7%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹115 Cr | ₹29 Cr | — | ₹21 Cr | ₹27 Cr | ₹3 Cr | 11.7% | -3.4% | -16.0% |
Monthly returns
Month-by-month returns of RPEL across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹198 Cr |
| Equity capital | ₹46 Cr |
| Reserves | ₹133 Cr |
| Borrowings | ₹0 Cr |
| Other liabilities | ₹19 Cr |
| Assets | ₹198 Cr |
| Fixed assets | ₹27 Cr |
| Capital work in progress | ₹0 Cr |
| Investments | ₹99 Cr |
| Other assets | ₹72 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
RPEL trades at 154.0x earnings against a peer median of 38.3x (a 303% premium).
Not shown (no positive earnings and no EV / Sales): SpiceJet Limited.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| RAGHAV PRODUCTIVITY ENHANCERS LIMITEDRPELthis companyP/E ↑ premium | ₹4,170 Cr | 154.0x | 21.9x | 15.7% | 112.3x |
| Swaraj Engines Ltd.SWARAJENG | ₹4,379 Cr | 24.7x | 11.2x | 37.5% | 21.3x |
| SG MART LIMITEDSGMART | ₹4,314 Cr | 44.9x | 2.9x | 5.6% | 44.8x |
| Ashoka Buildcon LimitedASHOKA | ₹4,227 Cr | 21.0x | 1.0x | 11.6% | 4.7x |
| Precision Wires India ltd.PRECWIRE | ₹4,146 Cr | 37.3x | 6.2x | 14.4% | 26.6x |
| The Anup Engineering LtdANUP | ₹4,120 Cr | 34.8x | 6.7x | 19.5% | 29.7x |
| SpiceJet LimitedSPICEJET | ₹4,067 Cr | — | -20.0x | 15.8% | 10.2x |
| Greaves Cotton Ltd.GREAVESCOT | ₹4,008 Cr | 18.2x | 2.6x | 21.6% | 9.4x |
| KNR Constructions LimitedKNRCON | ₹3,994 Cr | 11.9x | 1.0x | 15.3% | 4.0x |
| Peer median | — | 38.3x | 5.2x | 15.2% | 25.8x |
Year-to-date ROI
RPEL since 1 January, against earlier years.
Historical volatility
RPEL's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 23.0% |
| FY2022 | 25.0% |
| FY2023 | 26.0% |
| FY2024 | 30.0% |
| FY2025 | 25.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹115 Cr |
| Costs | |
| Interest | ₹0 Cr |
| Expenses | ₹86 Cr |
| Operating profitOperating Profit | ₹29 Cr |
| Other income and charges | |
| Profit before tax | ₹29 Cr |
| Tax | |
| Net profitNet Profit | ₹21 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹198 Cr |
| Equity capitalEquity Capital | ₹46 Cr |
| Reserves | ₹133 Cr |
| Borrowings | ₹0 Cr |
| Other liabilitiesOther Liabilities | ₹19 Cr |
| AssetsTotal Assets | ₹198 Cr |
| Fixed assetsFixed Assets | ₹27 Cr |
| Capital work in progressCWIP | ₹0 Cr |
| Investments | ₹99 Cr |
| Other assetsOther Assets | ₹72 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹27 Cr |
| Investing cash flowCash from Investing Activity | -₹24 Cr |
| Financing cash flowCash from Financing Activity | -₹2 Cr |
| Change in cashNet Cash Flow | ₹2 Cr |
Learn while you research
Academy chapters picked for RAGHAV PRODUCTIVITY ENHANCERS LIMITED and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 154.0, learn when high multiples are justified.6 min read
- 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 05 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read