Rite Zone

Why is Rite Zone Chemcon India Ltd falling/rising?

As of 18-Jul, the stock price of Rite Zone Chemcon India Ltd is stable at 22.65, despite a 4.83% decline over the past week. However, it has risen by 31.30% in the past month, outperforming the Sensex, which increased by only 1.03%.

As of 18-Jul, the stock price of Rite Zone Chemcon India Ltd is currently stable at 22.65, showing no change (0.00%). Despite this stability in the current price, the stock has experienced a decline of 4.83% over the past week, while the benchmark Sensex has increased by 0.53%. However, the stock has performed well over the past month, rising by 31.30%, significantly outperforming the Sensex, which only increased by 1.03% during the same period.<BR><BR>Year-to-date, the stock has shown a modest gain of 1.12%, contrasting with the Sensex's decline of 6.87%. Over the past year, Rite Zone Chemcon India Ltd has increased by 2.95%, while the Sensex has decreased by 3.09%. However, the stock has faced significant challenges over a three-year period, with a substantial decline of 67.64%, while the Sensex has gained 23.45%.<BR><BR>Today's performance indicates that the stock has outperformed its sector by 1.2%. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 25% against the five-day average. The stock is also trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below the 5-day moving average. This suggests a mixed sentiment among investors, with recent positive momentum in the stock's performance, particularly over the past month, contributing to its current stability despite the recent weekly decline.

Which are the latest news on Rite Zone?

What does Rite Zone do?

Rite Zone Chemcon India Ltd is a micro-cap company in the miscellaneous industry, originally incorporated in 2015 and converted to a public limited company in 2022. It has a market cap of INR 7 Cr, with key metrics including a P/E ratio of 21.00 and a debt-equity ratio of 0.07.

Overview:<BR>Rite Zone Chemcon India Ltd operates in the miscellaneous industry and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was originally incorporated as "Rite Zone Chemicals India Private Limited" in 2015. It underwent a name change to "Rite Zone Chemcon India Private Limited" on April 7, 2022, and subsequently converted to a public limited company, adopting its current name on June 2, 2022. Revenue and profit data for the latest quarter are not available.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 7 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 21.00<BR>Industry P/E: 13<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.07<BR>Return on Equity: 2.20%<BR>Price-to-Book: 0.47<BR><BR>Contact Details:<BR>Registrar Address: Not available.

How big is Rite Zone?

As of 10th June, Rite Zone Chemcon India Ltd has a market capitalization of 7.00 Cr, classified as a Micro Cap, with no valid financial data available for Net Sales or Net Profit for the latest four quarters. The balance sheet as of March 2025 shows Shareholder's Funds of 15.08 Cr and Total Assets of 21.43 Cr.

As of 10th June, <BR><BR>Market Cap: Rite Zone Chemcon India Ltd has a market capitalization of 7.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales or Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2025, with Shareholder's Funds amounting to 15.08 Cr and Total Assets of 21.43 Cr.

Who are in the management team of Rite Zone?

The management team of Rite Zone includes Bhavesh Babulal Bhandari (Chairman & Managing Director), Arti Bhavesh Bhandari (Executive Director), and several Non-Executive Directors: Siddharth Banerjee, Devang N Trivedi, Mirali Kishorbhai Raja, and Nita Bhagat, along with Company Secretary Helly Nilesh Shah. They oversee the company's operations and strategic direction.

The management team of Rite Zone includes the following individuals:<BR><BR>1. **Bhavesh Babulal Bhandari** - Chairman & Managing Director<BR>2. **Arti Bhavesh Bhandari** - Executive Director<BR>3. **Siddharth Banerjee** - Non-Executive Director<BR>4. **Devang N Trivedi** - Non-Executive & Independent Director<BR>5. **Mirali Kishorbhai Raja** - Non-Executive & Independent Director<BR>6. **Nita Bhagat** - Non-Executive & Independent Director<BR>7. **Helly Nilesh Shah** - Company Secretary<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Who are the peers of the Rite Zone?

Rite Zone's peers include Winny Immigratio, Vasa Retail, Kabra Commercial, Jain Marmo Inds, Triveni Glass, CHD Chemicals, Patron Exim, Gala Global, and Milestone Global. Rite Zone has Average management risk and growth, with a 1-year return of -29.51%, better than Winny Immigratio's -75.41% but worse than Vasa Retail's 18.67%.

Peers: The peers of Rite Zone are Winny Immigratio, Vasa Retail, Kabra Commercial, Jain Marmo Inds, Triveni Glass, CHD Chemicals, Patron Exim, Gala Global, and Milestone Global.<BR><BR>Quality Snapshot: Below Average management risk is observed at Winny Immigratio, Kabra Commercial, Jain Marmo Inds, CHD Chemicals, Patron Exim, Gala Global, and Milestone Global, while Average management risk is found at Rite Zone. Vasa Retail and Triveni Glass do not qualify for growth assessment, while Below Average growth is noted for Winny Immigratio, Kabra Commercial, Jain Marmo Inds, CHD Chemicals, Patron Exim, and Gala Global, with Rite Zone showing Average growth. Capital Structure ratings indicate Good for Rite Zone and Milestone Global, Average for Jain Marmo Inds, and Below Average for the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Vasa Retail at 18.67%, while the lowest is Winny Immigratio at -75.41%. Rite Zone's 1-year return of -29.51% is better than Winny Immigratio's but worse than Vasa Retail's. Additionally, the six-month return is negative for Winny Immigratio, Rite Zone, and Milestone Global.

How has been the historical performance of Rite Zone?

Rite Zone has shown steady growth in net sales and profitability, with net sales increasing from INR 3.80 crore in March 2021 to INR 26.20 crore in March 2025, while profit before tax reached INR 1.13 crore in the same period. Total assets rose to INR 21.43 crore by March 2025, reflecting overall financial growth.

Answer:<BR>The historical performance of Rite Zone shows a steady growth trajectory in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Rite Zone's net sales increased from INR 3.80 crore in March 2021 to INR 26.20 crore in March 2025, with a slight decline to INR 26.72 crore in March 2024. The total operating income followed a similar trend, reaching INR 26.20 crore in March 2025. The company’s total expenditure, excluding depreciation, also grew, peaking at INR 24.97 crore in March 2025. Operating profit (PBDIT) fluctuated, with a high of INR 1.78 crore in March 2024 and a slight decrease to INR 1.45 crore in March 2025. Profit before tax showed a consistent increase, reaching INR 1.13 crore in March 2025, while profit after tax was INR 0.89 crore for the same period. The earnings per share (EPS) rose to INR 2.10 in March 2025, although it was lower than the previous year's INR 2.67. On the balance sheet, total assets increased to INR 21.43 crore in March 2025, up from INR 11.24 crore in March 2022, while total liabilities also rose to INR 21.43 crore. The company maintained a stable cash position, with closing cash and cash equivalents at INR 2.00 crore in March 2025, consistent with the previous year. Overall, Rite Zone has demonstrated significant growth in sales and profitability, alongside an increase in assets and liabilities over the years.

Is Rite Zone overvalued or undervalued?

As of August 28, 2025, Rite Zone is considered undervalued with a valuation grade upgrade to very attractive, featuring a PE ratio of 12.16 and favorable comparisons to peers, despite a year-to-date return of -36.18%.

As of 28 August 2025, Rite Zone's valuation grade has moved from fair to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, especially in comparison to its peers. Key ratios include a PE ratio of 12.16, an EV to EBITDA of 8.33, and an EV to Sales of 0.39, all of which suggest a strong valuation relative to earnings and sales.<BR><BR>In comparison to peers, Rite Zone's PE ratio is lower than that of Ramco Industries at 12.91 and significantly lower than IRB Infra. Trust, which is at 16.64 despite being loss-making. This positions Rite Zone favorably within its industry, particularly as it demonstrates a PEG ratio of 0.00, indicating no growth premium is being paid for its earnings. Additionally, while Rite Zone has underperformed the Sensex year-to-date with a return of -36.18% compared to the Sensex's 3.62%, its current valuation metrics suggest that it may offer a compelling investment opportunity moving forward.

Who are the top shareholders of the Rite Zone?

The top shareholders of Rite Zone are Bhavesh Babulal Bhandari with 40.42%, and Brijesh Jitendra Parekh, the highest public shareholder, holding 10.22%. Individual investors collectively own 47.96% of the shares, with no institutional or pledged promoter holdings reported.

The top shareholders of Rite Zone include Bhavesh Babulal Bhandari, who holds the largest stake at 40.42%. The highest public shareholder is Brijesh Jitendra Parekh, with a holding of 10.22%. Additionally, individual investors collectively hold 47.96% of the company's shares. There are no institutional holdings or pledged promoter holdings reported.

What is the technical trend for Rite Zone?

As of May 12, 2025, Rite Zone's technical trend is mildly bearish, influenced by daily moving averages and On-Balance Volume, despite a mildly bullish weekly MACD.

As of 12 May 2025, the technical trend for Rite Zone has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the daily moving averages are showing a mildly bearish trend. The Bollinger Bands and KST on the weekly time frame are both bearish, and the On-Balance Volume (OBV) is also mildly bearish on both weekly and monthly time frames. The RSI shows no signal on both weekly and monthly charts, and Dow Theory indicates no trend in either time frame. Overall, the current technical stance is mildly bearish, driven primarily by the moving averages and OBV.

When is the next results date for Rite Zone?

No Upcoming Board Meetings

Has Rite Zone declared dividend?

No Dividend History Available