Rama Petrochemicals Ltd.
Snapshot View

4.15 ▼0%

15 July 2021, 04:00:00 P.M.

Overview View Details

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Industry Construction - Real Estate Compare with Industry peers
Website http://www.ramapetrochemicals.com
Financial Indicators
Market Cap 4.34 Cr.
Earnings per share (EPS) -1.71 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE - Trailing Twelve Months Ending 2021-03
Book Value / Share -50.20 Trailing Twelve Months Ending 2021-03
Price to Book Value -0.08 Calculated using Price: 4.15
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 1.05 Cr. 10,469,400 Shares
FaceValue 10
Company Profile

Rama Petro Chemicals was incorporated in the year 1985. It is engaged in the business of methanol, construction and fertilizers. Indo-Us Investment holds more than 20% equity in the company. Its plant are located at Patalganga, Dist. Raigad, Maharashtra and in Dungarpur, Junagadh, Gujarat. But due to the rising international prices of naphtha, the oil gas company is not operating its methanol plant since 1999.

The company has a subsidiary namely, Rama Capital and Fiscal Services.

Milestones:

1985

  • The Company was incorporated on 28th January, at Mumbai.  It manufactures methanol.  It was promoted by the Rama Group of Companies.
  • The Company entered into a Licence Agreement with Lurgi GmbH of West Germany and Osterreichsche Hiag-Werke GmbH of Austria, whereby the Company was granted a licence to operate the methanol plant based on the latest low pressure technology of Lurgi GmbH. Lurgi GmbH also would be deputing their technicians for commissioning the methanol plant.
  • The Company entered into a comprehensive agreement dated 16th October, with Humphreys and Glasgow Consultants Pvt. Ltd. (HGCL) for provision of technical consultancy services required for the methanol project.
  • Approval from Government was received for enhancement of the licensed capacity of methanol from 50,000 to 1,00,000 tonnes per annum. 

1987

  • The Company initiated discussions with alternative suppliers of technology for selection of a cost effective technology package. 

1989

  • The Company obtained a letter of intent for the manufacture of 15,000 TPA of 2- Ethyl Hexanol and certain by-products.
  • Another letter of intent was received for the manufacture of 30,000 TPA of formaldehyde at the existing location at Patalganga. Steps were taken for selection of appropriate technology for the manufacture of the said product. 

1990

  • It was decided to defer the 2 ethyl hexnol project since a satisfactory agreement could not be concluded with the technical collaborators for the project. In view of certain anticipated changes in the industrial policy, it was decided to review the proposed formaldehyde project. 

1992

  • During October, necessary approvals were received to issue 31,20,720--15% fully convertible debentures of Rs 100 each on Rights basis in the proportion 3 debs: 10 equity shares held. 

1995

  • During the year prices of Methanol decreased globally coupled with reduced customs duty which led to cheap import of Methanol had affected the performance of the Company. 

1996

  • Sales turnover declined to Rs. 50.31 crores due to lock-out of the factory for 28 days.  

1998

  • The poor performance as attributed to closure of the methanol plant for nearly 10 months due to a lock out declared by the company. 
  • The company contemplated reorganization of its business with a view to greater focus and attention on the product groups and improve its working results. With this in view, the company proposed to transfer the Denim division to Rainbow Denim Ltd.
  • The company submitted a rehabilitation scheme to BIFR for the merger of Rama Fertilisers Pvt. with the company.
  • Rama Capital & Fiscal Services Ltd. is a subsidiary of the company. 

2003

  • Shareholders approved delisting from Ahmedabad Stock Exchange and Delhi Stock Exchange.

Business areas of the company:

Rama Petrochemicals engages in the manufacture of methanol. It also engages in construction business, as well as trades in chemical goods, such as granular sulphur and sulphuric acid. The company is based in Mumbai, India.

Subsidiary:

Rama Capital & Fiscal Services

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
1 Week
1 Month
-11.70%
3 Month
+61.48%
6 Month
+71.49%
1 Year
+50.36%
2 Year
-51.12%
5 Year
-26.94%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%)
Return on Capital Employed (%)
Return on Assets (%) 15.67 -5.46 -1.35 -1.59 -20.41 -7.53 19.09 8.37 -33.98

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 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 -35 -32 -32 -33 -36 -53 -49 -48 -51
Non Curr. Liab. 0 0 0 31 50 66 63 55 52
Curr. Liab. 63 60 52 21 5 5 5 5 4
Minority Int.
Equity & Liab. 28 29 21 20 18 19 19 11 5
Non Curr. Assets 15 15 15 14 14 14 14 8 2
Curr. Assets 14 14 6 6 4 5 5 3 3
Misc. Exp. not W/O
Total Assets 28 29 21 20 18 19 19 11 5

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 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 1 1 3 2 1 0 1 0 0
Other Income 3 1 0 4 0 0 5 5 1
Total Income 4 1 4 6 1 1 6 5 1
Total Expenditure -3 -2 -3 -5 -4 -2 -2 -3 -4
PBIDT 1 -1 1 1 -3 -1 4 2 -3
Interest -1 0 -1 -1 -1 0 0 -1 0
Depreciation 0 0 0 0 0 0 0 0 0
Taxation
Exceptional Items 4
PAT 4 -2 0 0 -4 -1 4 1 -3

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 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. 5 1 9 4 -1 -17 -2 -1 -2
Cash Fr. Inv. -1 0 0 0 0 0 5 10 5
Cash Fr. Finan. 0 -4 -9 -4 1 17 -4 -9 -3
Net Change 4 -4 0 0 0 0 0 0 0
Cash & Cash Eqvt 4 0 0 0 0 0 0 0 0

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 53.27 53.27 53.27 53.27 53.27 53.27 53.27 53.39 53.39
Public 46.73 46.73 46.73 46.73 46.73 46.73 46.73 46.61 46.61
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 24.37 24.37 24.37 24.37 24.37 24.37 24.37 24.31 24.31

Announcements View Details

Thu, 29 Jul 2021
Board Meeting Intimation for Considering And Approving The Unaudited Standalone And Consolidated Financial Results For The Quarter Ended June 30 2021
RAMA PETROCHEMICALS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2021 inter alia to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30 2021.

We wish to further inform you that Trading Window under the Companys Code of Conduct for Prohibition of Insider Trading is closed from June 30 2021 till forty-eight hours after the conclusion of the Board Meeting to be held on 12th day of August 2021.

We request you to kindly take note of the same.
Tue, 20 Jul 2021
Format of Initial Disclosure to be made by an entity identified as a Large Corporate
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompayRAMA PETROCHEMICALS LTD.
2CINL23200MH1985PLC035187
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 19.08
4Highest Credit Rating during the previous FY 00
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: Ratnadeep D Jog
Designation: Company Secretary
EmailId: rdjog@ramagroup.co.in
Name of the Chief Financial Officer: Haresh D Ramsinghani
Designation: CFO
EmailId: hdr@ramagroup.co.in

Date: 20/07/2021

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Thu, 15 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- Haresh D Ramsinghani
Designation :- Managing Director / Whole Time Director

Technical Scans View Details

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