Raghav Productivity Enhancers (RPEL) had a P/E of 116.0× on 6 Nov 2026, above the industry P/E of 18.2×. Sales and net profit grew 24% and 30% a year over 3 years, with ROCE of 28% and ROE of 28%. It carries very little debt, and its dividend yield is 0.1%. It is a small-cap company with a market cap of ₹8,178 Cr, ranked 5th of 76 Chemicals companies by market cap; the shares rose 95% over the past year.
- ₹1,736.10
- ₹1,789.90
- ₹1,723.10
- ₹1,764.10
- 84.6K
Health check
- ReturnsAhead
+95.4% over a year, better than 7 of 7 peers.
- Price tagPricier
P/E 116.0 vs industry 18.2.
- GrowthStrong
Sales +23.5%, profit +29.5% a year over 3 years.
- ProfitabilityStrong
ROCE 27.7% vs peer median 10.4%.
- Balance sheetSolid
Practically debt-free.
- Red flags1 to check
P/E of 116.0 against an industry P/E of 18.2.
Small cap
Defensive
Key metrics
- Market cap
- ₹8,178 Cr
- Small cap
- P/E
- 116.0
- Industry 18.2
- Price to book
- 29.05
- Peers 2.62
- Dividend yield
- 0.06%
- ROE
- 28.4%
- Peers 11.7%
- ROCE
- 27.7%
- Peers 10.4%
- Debt to equity
- 0.02
- Debt ₹4.58 Cr
- EPS (TTM)
- ₹15.35
- Face value ₹10
- OPM (TTM)
- 29.9%
- Net margin 22.4%
- Sales growth
- +46.0%
- Latest quarter vs a year ago
- Profit growth
- +56.0%
- Latest quarter vs a year ago
- Price to sales
- 25.98
- EV/EBITDA 86.4
Strengths and risks
Strengths
- Return on equity of 28.4%.
- Return on capital employed of 27.7%.
- Practically debt-free.
- Quarterly profit up 56.0% on a year ago.
- Quarterly sales up 46.0% on a year ago.
Risks to check
- P/E of 116.0 against an industry P/E of 18.2.
About Raghav Productivity Enhancers
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, casting, and incineration industries. The company was formerly known as…
- Headquarters
- Jaipur
- Employees
- 188
- Sector
- Basic Materials
- ISIN
- INE912T01018
- Website
- rammingmass.com
Price range
- Avg volume (3M)
- 1.1 L
- 1-year return
- plus 95.4%
- From 52-week high
- minus 8.4%
Peers · Chemicals
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| NAVINFLUORNavin Fluorine International | 9,010.00 | plus 1.87% | 46,250 | 50.8 | 42.7 | 18.7% | 34.3% | 0.28 | 16.5% | plus 46.1% |
| DEEPAKNTRDeepak Nitrite | 1,533.60 | minus 0.67% | 20,917 | 19.7 | 22.3 | 10.8% | 18.0% | 0.27 | −0.5% | minus 11.9% |
| TATACHEMTata Chemicals | 607.45 | minus 1.36% | 15,475 | – | 12.4 | −3.0% | 12.2% | 0.36 | −4.8% | minus 31.0% |
| DEEPAKFERTDeepak Fertilisers & Petrochemicals Corp. | 1,155.30 | minus 0.69% | 14,599 | 14.8 | 11.5 | 11.2% | 17.6% | 0.76 | 2.6% | minus 22.7% |
| RPELRaghav Productivity Enhancers | 1,780.80 | plus 0.95% | 8,178 | 116.0 | 107.1 | – | 29.9% | 0.02 | 23.5% | plus 95.4% |
| GNFCGujarat Narmada Valley Fertilizers and Chemicals | 451.80 | minus 1.87% | 6,639 | 6.3 | 5.4 | 10.4% | 14.8% | 0.01 | −8.8% | minus 7.2% |
| ACIArchean Chemical Industries | 416.40 | minus 1.95% | 5,141 | 51.3 | 23.2 | 7.7% | 20.0% | 0.28 | −9.2% | minus 34.6% |
| FOSECOINDFoseco India | 5,958.50 | minus 1.72% | 4,513 | 45.8 | 35.4 | 9.0% | 21.3% | 0.00 | 16.5% | plus 6.5% |
| Median of 7 peers | – | −1.36% | 14,599 | 32.8 | 22.3 | 10.4% | 18.0% | 0.28 | −0.5% | −11.9% |
Quarterly results
| ₹ Cr | Jun 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 58.4 | 64.5 | 70.6 | 86.9 | 92.8 | |
| 42.5 | 45.4 | 49.3 | 61.2 | 64.9 | |
| 15.9 | 19.1 | 21.2 | 25.7 | 27.9 | |
| 27.2% | 29.6% | 30.1% | 29.6% | 30.0% | |
| 0.8 | 0.9 | 0.1 | 1 | 1.1 | |
| 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | |
| 1.7 | 1.8 | 1.8 | 1.8 | 1.7 | |
| 14.8 | 18.1 | 19.4 | 24.7 | 27.1 | |
| 21.2% | 21.8% | 21.9% | 20.9% | 20.2% | |
| 11.7 | 14.1 | 15.2 | 19.6 | 21.6 | |
| 2.54 | 3.08 | 3.30 | 4.26 | 4.71 |
Profit & loss
- Sales CAGR 3Y
- +23.5%
- Profit CAGR 3Y
- +29.5%
- EPS CAGR 3Y
- +63.2%
- ROE
- 28.4%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 135 | 133 | 197 | 254 | |
| – | minus 1.6% | +48.7% | +28.8% | |
| 98.7 | 92.6 | 143 | 179 | |
| 36.2 | 40.2 | 54 | 75.4 | |
| 26.8% | 30.2% | 27.3% | 29.6% | |
| 0.2 | 0.1 | −0.1 | −0.2 | |
| 0 | 0.5 | 0.7 | 0.6 | |
| 2.6 | 5 | 6.5 | 7 | |
| −0.2 | – | 1 | 2 | |
| 33.6 | 34.8 | 47.7 | 69.6 | |
| 24.9% | 25.4% | 22.5% | 21.3% | |
| 25.2 | 26 | 37 | 54.8 | |
| – | +3.0% | +42.4% | +48.2% | |
| 5.50 | 2.83 | 8.05 | 11.94 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 11.5 | 23 | 45.9 | 45.9 | |
| 122 | 135 | 148 | 199 | |
| 10 | 8.7 | 7.1 | 5.4 | |
| 17.7 | 19.2 | 30.4 | 34 | |
| 161 | 186 | 231 | 284 | |
| 89.2 | 89.4 | 95 | 102 | |
| 62 | 1.4 | 2.1 | 4.2 | |
| – | – | – | 12 | |
| 8.1 | 19.2 | 43.3 | 48.8 | |
| 1.6 | 76.1 | 90.8 | 117 | |
| 161 | 186 | 231 | 284 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 20 | 20.9 | 38.7 | 37 | |
| −24 | −15.4 | −29.8 | −31.5 | |
| 3.4 | −3.1 | −4.6 | −6.8 | |
| −0.6 | 2.4 | 4.2 | −1.2 | |
| −33.9 | −9.1 | −13.3 | −13.8 | |
| −13.9 | 11.8 | 25.4 | 23.2 | |
| −0.5 | −1.1 | −2.1 | −4.6 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 0.1% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.