Rajnandini Metal Ltd.
Snapshot View

176.30 -0.70 ▼-0.4%

30 July 2021, 03:30:59 P.M.
Volume: 2,181

Overview View Details

Sector Trading Compare with Sector peers
Industry Trading Compare with Industry peers
Website http://www.rajnandinimetal.com
Financial Indicators
Market Cap 216.64 Cr.
Earnings per share (EPS) 4.12 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 42.75 Trailing Twelve Months Ending 2021-03
Industry PE 117.83 Trailing Twelve Months Ending 2021-03
Book Value / Share 18.14 Trailing Twelve Months Ending 2021-03
Price to Book Value 9.72 Calculated using Price: 176.30
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 1.23 Cr. 12,288,000 Shares
FaceValue 10
Company Profile

The Company was incorporated as a private limited company namely ‘Rajnandini Metal Private Limited’ under the Companies Act, 1956 vide certificate of incorporation dated March 18, 2010 issued by Registrar of Companies, NCT of Delhi and Haryana bearing registration no 040255. Further, the Company was converted into a Public Limited Company in pursuance of a special resolution passed by the members of the Company at the Extra Ordinary General Meeting held on March 01, 2018. A fresh Certificate of Incorporation consequent to conversion was issued on March 14, 2018 by the Registrar of Companies, NCT of Delhi and Haryana and consequently the name of the Company was changed from ‘Rajnandini Metal Private Limited’ to ‘Rajnandini Metal Limited’.

It operates as an important intermediary in the Metals Supply Chain whereby it purchase materials such as Annealed/Un-Annealed Copper Wires, Copper Wires, Brass Scrap, Aluminium ingot, Zinc ingot etc. from various suppliers and supply the same to customers in the Metal Business. Company’s business model is based on B2B model wherein the Company sells the scrap to the business enterprises who further transform the scrap in to finished product as per their requirements.

Business area of the company

Rajnandini Metal is in business of trading of scrap of all types of ferrous and Nonferrous Metals such as Copper Wires, ingot scrap, and other related items used in various electrical and industrial applications. It works as a crucial business interface, networking between manufacturers / processors / yards and consumers / traders across the country. It pursues business based on quality contacts, information and service.

Major events and milestones

  • 2010: Company Founded By Het Ram and Mohan Sharma on March 18, 2010.
  • 2012: Company’s Turnover crossed Rs 50.00 crores.
  • 2013: Company imported aluminum scrap, copper aluminum alloy ingots - LM 24, birch cliff, honey brass from Africa.
  • 2014: Company achieved the target of turnover above Rs 100.00 crores.
  • 2016: Company imported Aluminum Scrap Talk from Malaysia and Saudi Arabia.
  • 2016: Company imported Aluminum Scrap Taint/Tabor from TAIWAN.
  • 2018: Company converted into Public limited i.e from “Rajnandini Metal Private Limited” to “Rajnandini Metal Limited”.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.40%
1 Week
+2.20%
1 Month
+21.59%
3 Month
+94.81%
6 Month
+465.97%
1 Year
+1120.07%
2 Year
+1240.68%
5 Year
8 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 7.43 7.46 9.33 4.96 8.11 12.47 9.78 8.32
Return on Capital Employed (%) 11.16 13.63 11.85 10.49 10.26 10.83 9.74 8.73
Return on Assets (%) 1.02 0.97 1.40 0.94 1.44 2.34 2.67 2.25

Balance Sheet View Details

Particulars 8 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 5 6 6 7 7 8 13 15
Non Curr. Liab. 0 0 0 0 0 0 2 13
Curr. Liab. 33 40 27 28 35 30 25 36
Minority Int.
Equity & Liab. 38 46 33 34 43 38 40 63
Non Curr. Assets 3 4 0 0 1 1 8 22
Curr. Assets 35 42 33 34 42 38 32 41
Misc. Exp. not W/O
Total Assets 38 46 33 34 43 38 40 63

Profit Loss View Details

Particulars 8 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 90 104 110 136 127 141 137 148
Other Income 0 0 0 0 0 0 0 0
Total Income 90 104 110 137 127 141 137 149
Total Expenditure -87 -101 -107 -134 -124 -138 -133 -144
PBIDT 3 3 3 3 3 3 4 4
Interest -2 -3 -2 -2 -2 -2 -2 -2
Depreciation 0 0 0 0 0 0 0 0
Taxation 0 0 0 0 0 0 0 0
Exceptional Items
PAT 0 0 1 0 1 1 1 1

Cash Flow View Details

Particulars 8 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -3 2 3 -2 2 2 2 1
Cash Fr. Inv. 0 0 0 0 0 0 0 -7
Cash Fr. Finan. 3 -2 -3 2 -2 -2 1 5
Net Change 0 0 0 0 0 0 3 -1
Cash & Cash Eqvt 0 0 0 0 0 1 1 1

Shareholding Pattern View Details

8 Qtrs 2018-03 (%) 2019-03 (%) 2019-09 (%) 2020-03 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 100.00 73.24 73.24 73.23 73.23 73.23 73.23 73.23
Public 0.00 26.76 26.76 26.76 26.76 26.76 26.77 26.76
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 30 Jul 2021
Book Closure
Rajnandini Metal Limited has informed the Exchange that Register of Members & Share Transfer Books of the Company will remain closed from 21-Aug-2021 to 27-Aug-2021 for the purpose of Annual General Meeting.
Fri, 30 Jul 2021
Copy of Newspaper Publication
Rajnandini Metal Limited has informed the Exchange about Copy of Newspaper Publication
Fri, 30 Jul 2021
Shareholders meeting
Rajnandini Metal Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 27, 2021

Technical Scans View Details

Fri, 30 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Adani Enterprises Ltd. 156,272.01 1,420.90 +1.4%
Adani Transmission Ltd. 99,395.34 903.75 -4.1%
Sundram Fasteners Ltd. 16,089.53 765.70 +2.4%
Redington (India) Ltd. 12,783.63 327.30 +0.7%
MMTC Ltd. 7,567.50 50.45 -0.4%
Novartis India Ltd. 2,368.71 960.15 +2.2%
MSTC Ltd. 1,999.71 284.05 -1.5%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Adani Enterprises Ltd. Consolidated 2021-03 169.37 1,420.90 +1.4%
Adani Transmission Ltd. Consolidated 2021-03 81.20 903.75 -4.1%
Sundram Fasteners Ltd. Consolidated 2021-03 44.80 765.70 +2.4%
Redington (India) Ltd. Consolidated 2021-03 16.90 327.30 +0.7%
MMTC Ltd. Standalone 2020-12 0.00 50.45 -0.4%
Novartis India Ltd. Standalone 2021-03 113.34 960.15 +2.2%
MSTC Ltd. Consolidated 2021-03 17.70 284.05 -1.5%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Adani Enterprises Ltd. Consolidated 2021-03 9.11 1,420.90 +1.4%
Adani Transmission Ltd. Consolidated 2021-03 16.32 903.75 -4.1%
Sundram Fasteners Ltd. Consolidated 2021-03 6.86 765.70 +2.4%
Redington (India) Ltd. Consolidated 2021-03 2.59 327.30 +0.7%
MMTC Ltd. Standalone 2020-12 7.49 50.45 -0.4%
Novartis India Ltd. Standalone 2021-03 3.33 960.15 +2.2%
MSTC Ltd. Consolidated 2021-03 3.58 284.05 -1.5%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Adani Enterprises Ltd. Consolidated 2021-03 0.93 1,420.90 +1.4%
Adani Transmission Ltd. Consolidated 2021-03 4.89 903.75 -4.1%
Sundram Fasteners Ltd. Consolidated 2021-03 0.29 765.70 +2.4%
Redington (India) Ltd. Consolidated 2021-03 0.09 327.30 +0.7%
MMTC Ltd. Standalone 2020-03 4.23 50.45 -0.4%
Novartis India Ltd. Standalone 2020-03 0.00 960.15 +2.2%
MSTC Ltd. Consolidated 2020-03 0.55 284.05 -1.5%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Adani Enterprises Ltd. Consolidated 2021-03 4.38 1,420.90 +1.4%
Adani Transmission Ltd. Consolidated 2021-03 22.81 903.75 -4.1%
Sundram Fasteners Ltd. Consolidated 2021-03 16.70 765.70 +2.4%
Redington (India) Ltd. Consolidated 2021-03 17.02 327.30 +0.7%
MMTC Ltd. Standalone 2020-03 -20.23 50.45 -0.4%
Novartis India Ltd. Standalone 2020-03 1.36 960.15 +2.2%
MSTC Ltd. Consolidated 2020-03 23.14 284.05 -1.5%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Adani Enterprises Ltd. Consolidated 2021-03 7.88 1,420.90 +1.4%
Adani Transmission Ltd. Consolidated 2021-03 10.89 903.75 -4.1%
Sundram Fasteners Ltd. Consolidated 2021-03 17.31 765.70 +2.4%
Redington (India) Ltd. Consolidated 2021-03 21.81 327.30 +0.7%
MMTC Ltd. Standalone 2020-03 -2.16 50.45 -0.4%
Novartis India Ltd. Standalone 2020-03 4.73 960.15 +2.2%
MSTC Ltd. Consolidated 2020-03 22.93 284.05 -1.5%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Adani Enterprises Ltd. Consolidated 2021-03 39,537.13 1,420.90 +1.4%
Adani Transmission Ltd. Consolidated 2021-03 9,926.33 903.75 -4.1%
Sundram Fasteners Ltd. Consolidated 2021-03 3,644.29 765.70 +2.4%
Redington (India) Ltd. Consolidated 2021-03 56,945.86 327.30 +0.7%
MMTC Ltd. Standalone 2020-03 26,304.71 50.45 -0.4%
Novartis India Ltd. Standalone 2020-03 438.25 960.15 +2.2%
MSTC Ltd. Consolidated 2020-03 1,231.40 284.05 -1.5%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Adani Enterprises Ltd. Consolidated 2021-03 746.32 1,420.90 +1.4%
Adani Transmission Ltd. Consolidated 2021-03 1,289.57 903.75 -4.1%
Sundram Fasteners Ltd. Consolidated 2021-03 362.71 765.70 +2.4%
Redington (India) Ltd. Consolidated 2021-03 786.61 327.30 +0.7%
MMTC Ltd. Standalone 2020-03 -220.48 50.45 -0.4%
Novartis India Ltd. Standalone 2020-03 10.08 960.15 +2.2%
MSTC Ltd. Consolidated 2020-03 99.71 284.05 -1.5%