How has been the historical performance of Rishi Laser?
Rishi Laser's historical performance shows a recovery in net sales, reaching 134.12 Cr in March 2023, with significant improvements in profitability, including a profit after tax of 4.94 Cr and earnings per share of 5.38. Total liabilities decreased to 84.00 Cr, indicating a stable financial position despite fluctuations in cash flow.
Answer:The historical performance of Rishi Laser shows a fluctuating trend in net sales, with the most recent figure for March 2023 at 134.12 Cr, up from 117.32 Cr in March 2022 and significantly higher than 74.58 Cr in March 2021. The total operating income followed a similar pattern, reaching 134.12 Cr in March 2023. The company experienced a notable increase in raw material costs, which rose to 77.12 Cr in March 2023 from 71.48 Cr in March 2022. Operating profit, excluding other income, improved to 8.78 Cr in March 2023 from 5.08 Cr in the previous year, while profit before tax also saw a significant rise to 4.63 Cr from 0.41 Cr. The profit after tax surged to 4.94 Cr in March 2023, compared to just 0.32 Cr in March 2022, marking a recovery from losses in prior years. The earnings per share (EPS) reflected this positive trend, increasing to 5.38 in March 2023 from 0.35 in March 2022. In terms of balance sheet metrics, total liabilities decreased to 84.00 Cr in March 2023 from 93.72 Cr in March 2022, while total assets also fell to 84.00 Cr from 93.72 Cr. The company maintained a stable equity capital of 9.19 Cr over the years, with reserves increasing to 35.48 Cr in March 2023 from 30.81 Cr in March 2022. Cash flow from operating activities was 4.00 Cr in March 2023, down from 7.00 Cr in March 2022, while cash flow from investing activities improved to 6.00 Cr from a negative 6.00 Cr in the previous year. Overall, Rishi Laser's financial performance indicates a recovery trajectory with improved profitability and a reduction in liabilities, despite some fluctuations in sales and cash flow.
Breakdown:
Rishi Laser's financial performance over the years demonstrates a recovery in net sales, which reached 134.12 Cr in March 2023, up from 117.32 Cr in March 2022 and 74.58 Cr in March 2021. The total operating income mirrored this growth, while raw material costs increased to 77.12 Cr in March 2023. Operating profit also improved significantly to 8.78 Cr, with profit before tax rising to 4.63 Cr and profit after tax reaching 4.94 Cr, marking a substantial recovery from previous losses. The earnings per share surged to 5.38, reflecting the company's improved profitability. On the balance sheet, total liabilities decreased to 84.00 Cr, and total assets matched this figure, indicating a stable financial position. Equity capital remained constant at 9.19 Cr, with reserves increasing to 35.48 Cr. Cash flow from operating activities was 4.00 Cr, while cash flow from investing activities showed a positive shift to 6.00 Cr. Overall, Rishi Laser's financial metrics indicate a positive trend in profitability and a reduction in liabilities, despite some challenges in sales and cash flow.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
