Rama Phosphates Ltd, Dolly Khanna-owned stock, opened its trading hour today at Rs 192.30 and currently trades at Rs 224.75 showcasing a gain of around 17 percent. The scrip has witnessed an upside of about 28 percent in a period of just 5 days.
According to the data available as on December 2022, the ace investor holds a 1.54 percent stake in the company. Filing pertaining to the holdings for the latest quarter is awaited.
Rama Phosphates Ltd is an Indian fertilizer manufacturing company engaged in the process of manufacturing phosphatic fertilizers such as Single Super Phosphate, Mixed fertilizers namely of various grades, Fortified fertilizers, etc. It is generating a majority of revenue from the Fertilizers, micro-nutrients, and Chemicals segment.
Digging into the financials of the company, the revenues and net profit figures reported have gone down in recent quarters. Revenues moved down from Rs 250 crores in Q2 to Rs 208 crores in Q3. Moreover, net profits went down from Rs 14 crores to Rs 8 crores during the same period.
Showing a contrast as far as the profitability metrics are concerned, the ROE and ROCE percentages have gone up on a YoY basis. ROE took a shift from 22.74 percent in FY20-21 to 29.56 percent in FY21-22. ROCE, in the same time span, moved from 29.42 percent to 39.9 percent.
The return on asset (ROA) has also seen an upward transition from 13.81 percent in FY20-21 to 18.58 percent in FY21-22.
Having a say on the margin ratios such as the net profit margin, there has been an increase in the same from 7.25 percent in FY20-21 to 7.97 percent in FY21-22.
Written by Amit Madnani
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