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Raghav Productivity Enhancers Q2 Results Achieves ₹4,911.66 Lakhs in Revenue from Operations

Raghav Productivity Enhancers Q2 Results results with Gross Revenue of ₹5,617.86 lakhs, After deducting GST, the Revenue from Operations was ₹4,911.66 lakhs & Profit Before Tax for the quarter was ₹1,132.36 lakhs.

by Ruksana

Updated Oct 21, 2024

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Raghav Productivity Enhancers Q2 Results Achieves ₹4,911.66 Lakhs in Revenue from Operations

Raghav Productivity Enhancers Q2 Results

Raghav Productivity Enhancers Q2 Results: The table presents the financial performance of Raghav Productivity Enhancers for specific quarters and periods. It starts with the gross revenue from operations, showing how much money the company made before deducting taxes. In the quarter ending September 30, 2024, the company earned ₹5,617.86 lakhs, which is an increase from ₹5,289.91 lakhs in the previous quarter and significantly higher than ₹3,694.31 lakhs from the same quarter last year.

Raghav Productivity Enhancers After subtracting the Goods and Services Tax (GST) collected, the net revenue from operations was ₹4,911.66 lakhs for the latest quarter. The company also earned some additional income, bringing the total revenue to ₹4,950.07 lakhs.

Raghav Productivity Enhancers table lists the expenses, including costs of materials, employee salaries, and other operating expenses. The total expenses for the latest quarter were ₹3,817.71 lakhs, which means the company made a profit before taxes of ₹1,132.36 lakhs. After paying taxes, which amounted to ₹257.80 lakhs, the profit before tax remained strong at ₹1,132.36 lakhs. 

Here’s the data you provided, organized into a clear table format for better readability:

(in Lakhs)

Particulars

Quarter Ended 30-Sep-24

Quarter Ended 30-Jun-24

Quarter Ended 30-Sep-23

Half Year Ended 30-Sep-24

Half Year Ended 30-Sep-23

Year Ended 31-Mar-24

 

Unaudited

Unaudited

Unaudited

Unaudited

Unaudited

Audited

(a) Gross Revenue from Operations

5617.86

5289.91

3694.31

10907.77

7070.62

15073.61

(b) Less: GST recovered

706.20

806.23

448.25

1512.43

816.68

1797.04

1. Revenue from operations

4911.66

4483.68

3246.06

9395.34

6253.94

13276.57

II. Other income

38.41

21.01

9.00

59.42

13.00

37.50

III. Total Revenue (I + II)

4950.07

4504.69

3255.06

9454.76

6266.94

13314.07

Expenses:

           

IV. Cost of Materials Consumed

1201.74

1360.40

984.80

2562.14

1927.65

3937.82

Purchases of Stock-in-Trade

73.28

31.44

31.29

104.72

40.97

81.47

Changes in inventories of Finished Goods,

14.05

(36.89)

(18.85)

(22.84)

(12.59)

(145.32)

Work-in-Progress and Stock-in-Trade

           

Employee Benefits Expense

170.11

140.10

123.93

310.21

231.00

487.72

Finance costs

22.37

23.47

14.10

45.84

18.12

67.27

Depreciation and amortization expense

146.83

159.20

108.25

306.03

179.46

496.85

Other expenses

2189.33

1757.19

1146.61

3946.52

2250.26

4909.28

Total expenses

3817.71

3434.91

2390.13

7252.62

4634.87

9835.09

V. Profit before exceptional items and tax (III-IV)

1132.36

1069.78

864.93

2202.14

1632.07

3478.98

VI. Exceptional items

           

VII. Profit before tax (V-VI)

1132.36

1069.78

864.93

2202.14

1632.07

3478.98

Tax expense:

           

(1) Current tax

179.46

188.40

227.31

367.86

436.53

892.50

(2) Deferred tax & Earlier Year taxes

78.34

52.61

3.01

130.95

(13.00)

(10.62)

Total Tax Expenses

257.80

241.01

230.32

498.81

423.53

881.98

Source: Here 

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Raghav Productivity Enhancers Financial Metrics

Raghav Productivity Enhancers is a company with a market cap of ₹2,895 crore, meaning the total value of all its shares is ₹2,895 crore. Its current stock price is ₹1,261, but over the last year, it has gone as high as ₹1,415 and as low as ₹532. The stock's price-to-earnings (P/E) ratio is 93.6, which means investors are paying 93.6 times the company's earnings per share. The book value, or the company's value based on its financials, is ₹75.6 per share.

Here’s a breakdown of the key financial metrics provided:

Metric

Value

Market Cap

₹ 2,895 Cr.

Current Price

₹ 1,261

High / Low

₹ 1,415 / ₹ 532

Stock P/E

93.6

Book Value

₹ 75.6

Dividend Yield

0.07%

ROCE (Return on Capital Employed)

22.7%

ROE (Return on Equity)

17.7%

Face Value

₹ 10.0

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Quarterly Results 

This table shows the financial results for Raghav Productivity Enhancers for three quarters: March 2024, June 2024, and September 2024. Sales grew steadily from ₹38.53 crores in March to ₹49.12 crores in September. Expenses also increased, but the company's operating profit remained strong, going from ₹12.00 crores to ₹12.63 crores over these months. However, the profit margin (OPM %) slightly declined from 31.14% in March to 25.71% in September. Despite rising costs, net profit increased from ₹7.91 crores to ₹8.75 crores. 

Here is the table for Mar 2024, Jun 2024, and Sep 2024 with the particulars:

(Rs. in crores, except the shares)

Particulars

Mar 2024

Jun 2024

Sep 2024

Sales

38.53

44.84

49.12

Expenses

26.53

32.53

36.49

Operating Profit

12.00

12.31

12.63

OPM %

31.14%

27.45%

25.71%

Other Income

0.15

0.21

0.38

Interest

0.24

0.23

0.22

Depreciation

1.58

1.59

1.47

Profit Before Tax

10.33

10.70

11.32

Tax %

23.33%

22.52%

22.70%

Net Profit

7.91

8.29

8.75

EPS (Rs)

3.45

3.61

3.81

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About Raghav Productivity Enhancers

Raghav Productivity Enhancers is the world's largest producer of Silica Ramming Mass, a special material used to line induction furnaces in steel and foundry plants. This high-purity material helps protect furnaces from the extreme heat and chemical reactions that occur during metal melting. It is known for being very strong and able to handle high temperatures.

The company works closely with JWK AB Sweden and supplies its products to large factories in India and more than 35 countries around the world. Over the years, Raghav Productivity Enhancers has become the biggest exporter of Silica Ramming Mass in a market that is mostly unorganized. They are the only company that supplies this product across all of India.

With a focus on high-quality products, research and development, strong manufacturing, and financial stability, Raghav Productivity Enhancers serves many well-known steel manufacturers and foundries, helping them improve their productivity and reduce costs.


Raghav Productivity Enhancers Q2 Results - FAQs

1. What was the gross revenue from operations for Raghav Productivity Enhancers in Q2 2024?  

In Q2 2024, Raghav Productivity Enhancers had a gross revenue from operations of ₹5,617.86 lakhs.

2. How much was the net revenue from operations for Raghav Productivity Enhancers in the latest quarter?

The net revenue from operations for Raghav Productivity Enhancers in the latest quarter was ₹4,911.66 lakhs.

3. What were the total expenses incurred by Raghav Productivity Enhancers in Q2 2024?

Raghav Productivity Enhancers incurred total expenses of ₹3,817.71 lakhs in Q2 2024.

4. What was the profit before tax for Raghav Productivity Enhancers in the quarter ended September 30, 2024?

The profit before tax for Raghav Productivity Enhancers in Q2 2024 was ₹1,132.36 lakhs.

5. How much did Raghav Productivity Enhancers pay in taxes for the latest quarter?

Raghav Productivity Enhancers paid ₹257.80 lakhs in taxes for the latest quarter.

6. What was the total revenue for Raghav Productivity Enhancers in the half year ended September 30, 2024?

The total revenue for Raghav Productivity Enhancers in the half year ended September 30, 2024, was ₹9,454.76 lakhs.

7. What is the market capitalization of Raghav Productivity Enhancers?

The market capitalization of Raghav Productivity Enhancers is ₹2,895 crore.

8. What was the stock price range for Raghav Productivity Enhancers over the last year?

The stock price of Raghav Productivity Enhancers ranged from ₹532 to ₹1,415 over the last year.

9. What was the return on equity (ROE) for Raghav Productivity Enhancers?  

The return on equity (ROE) for Raghav Productivity Enhancers is 17.7%.

10. What was the profit margin (OPM %) for Raghav Productivity Enhancers in September 2024?  

The profit margin (OPM %) for Raghav Productivity Enhancers in September 2024 was 25.71%.

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