Ramaraju Surgical Unlisted Shares
THE RAMARAJU SURGICAL COTTON MILLS
The Ramaraju Surgical Cotton Mills was incorporated in the year 20-02-1939. Recently there share price is 0. Recently current market capitalization stands at Rs 0 Cr.Latest news, company has reported Gross Sales of Rs. 2614.17 Cr and Total Income of Rs.2647 Cr. The company’s management includes A Emarajan, PJ Ramkumar Rajha, V Santhanaraman, PPS Janarthana Raja, S Kanthimathinathan, P J Alaga Raja, N K Shrikantan Raja, K Manoharan, N R K Ramkumar Raja, Nalina Ramalakshmi, P R Venketrama Raja. It is listed on the BSE with a BSE Code of , NSE with an NSE Symbol of and ISIN of INE328E01027. It’s Registered office is at The Ramaraju Surgical Cotton Mills Premises,119, P. A. C. Ramasamy Raja Salai,Post Box No.2Rajapalayam-626117, Tamil Nadu. Their Registrars are ACC Ltd. It’s auditors are MS Jagannathan & N Krishnaswami, NA Jayaraman & Co.
Revenue contribution in FY19-20 from various segments
| Segment | Revenue(cr) | % |
| Textile | 136 | 41% |
| Surgical | 37 | 11% |
| Fabric | 153 | 46% |
| Wind-mills | 8 | 2% |
Financials of Ramaraju Surgical Cotton Mills Limited Unlisted Shares:
A) Consolidated Financials (Fig. in Lakhs)
| Year | Revenue | EBITDA | OPM | PAT | NPM | Shares | EPS | NW | RONW |
| 2016 | 24,608 | 4,376 | 18% | 1,789 | 7% | 19.73 | 91 | 19,527 | 9% |
| 2017 | 24,431 | 3,896 | 16% | 1,662 | 7% | 19.73 | 84 | 21,199 | 8% |
| 2018 | 26,365 | 3,367 | 13% | 886 | 3% | 39.5 | 22 | 21,726 | 4% |
| 2019 | 25,500 | 2,983 | 12% | -26 | 0% | 39.5 | -1 | 21,734 | 0% |
| 2020 | 31,590 | 5,227 | 17% | 1,918 | 6.1% | 39.5 | 49 | 23,652 | 8% |
Financials of FY20-21 (in Lakhs)
| Date | Total Income | EBITDA | OPM | PAT | NPM | EPS |
| Quarter Ended | ||||||
| 31-12-2019 | 7,603 | 2,396 | 31.51% | 1,016 | 13.36% | 25.73 |
| 30-09-2020 | 7,352 | 1,300 | 17.68% | 244 | 3.32% | 6.18 |
| 31-12-2020 | 7,483 | 1,281 | 17.12% | 272 | 3.63% | 6.9 |
| 9M Ended | ||||||
| 31-12-2019 | 22,466 | 4,503 | 20.04% | 967 | 4.30% | 24.49 |
| 31-12-2020 | 18,448 | 2,879 | 15.61% | -63 | -0.34% | -1.59 |
- Ramaraju Surgical Cotton Mills Annual Report 2019-20
- Ramaraju Surgical Cotton Mills Annual Report 2018-19
- Ramaraju Surgical Cotton Mills Annual Report 2017-18
- Ramaraju Surgical Cotton Mills Annual Report 2016-17
- Ramaraju Surgical Cotton Mills Annual Report 2015-16
- Ramaraju Surgical Cotton Mills Annual Report 2014-15
- Ramaraju Surgical Cotton Mills Annual Report 2013-14
- Ramaraju Surgical Cotton Mills Annual Report 2012-13
- Ramaraju Surgical Cotton Mills Annual Report 2011-12
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The Ramaraju Surgical Cotton Mills Limited Unlisted Shares – Company Overview
THE RAMARAJU SURGICAL COTTON MILLS LIMITED is a part of the Ramco Group of Companies. Ramco group is involved in the business of cotton, yarn, cement, roofing, building products, and enterprise software solutions. The Ramaraju Surgical Cotton Mills Limited was established in 1993 and is based in Rajapalaiyam, Tamil Nadu. The company has been a major contributor in developing the region from an agrarian to an industrial society.
The company is mainly engaged in the manufacturing of surgical dressings, grey fabrics, and yarn. The Ramaraju Surgical Cotton Mills Limited is the largest producer of absorbent cotton, bandages, gauze, and other wound care products. Moreover, it also generates electricity from solar panels and windmills for its captive consumption.
The monthly production capacity of the company is over 125 tons of medical grade bleached cotton and 15 Lakh square meters of bandages and gauze products. The company produces around 400 tons of superfine count ring-spun yarn and about 400 tons of open-end yarn per month.The factories of the company are located in Rajapalaiyam, Perumalpati, Subramaniapuram, and Thirumalagiri Village.
The equity shares of the Company are listed with Metropolitan Stock Exchange of India Limited.
Ramaraju Surgical Cotton Mills Share Price, Unlisted Share Details as of March 31, 2023
| Ramaraju Surgical Cotton Mills Outstanding Shares: | 39,97,900 |
| Face Value of Ramaraju Surgical Cotton MillsUnlisted Share: | 10 |
| ISIN of Ramaraju Surgical Cotton Mills Unlisted Share: | INE328E01027 |
| Lot Size of Ramaraju Surgical Cotton Mills Unlisted Share: | 100 |
| Ramaraju Surgical Cotton Mills Share Price: | Best in Industry |
| PAN Number of Ramaraju Surgical Cotton Mills ltd. : | AAACT4308D |
The Ramaraju Surgical Cotton Mills Limited Incorporation Details
| CIN of Ramaraju Surgical Cotton Mills | L17111TN1939PLC002302 |
| Registration Date of Ramaraju Surgical Cotton Mills | 28 February 1939 |
| Category/Sub-category of Ramaraju Surgical Cotton Mills | Public Limited Company |
| Ramaraju Surgical Cotton Mills Registered office address | P.A.C. Ramasamy Raja Salai,
Rajapalaiyam – 626 117. Tamil Nadu. |
| Ramaraju Surgical Cotton Mills Registrar and Transfer Agent | Share Transmission and other activities
carried out in-house. |
The Ramaraju Surgical Cotton Mills Limited Principal Business Activities
| Name and Description of main products/services | NIC Code of the product/service | % to the total turnover of the Company |
| Fabrics | 13121 | 49.33 |
| Yarn | 13111 | 36.14 |
| Surgical Dressings | 21006 | 12.54 |
The Ramaraju Surgical Cotton Mills Limited Board of Directors
Shri P.R. VENKETRAMA RAJA (Chairman)
Smt. NALINA RAMALAKSHMI (Managing Director)
Shri N.R.K. RAMKUMAR RAJA (Managing Director)
Dr. M. KARUNAKARAN
Shri N.K. SHRIKANTAN RAJA
Shri P.J. ALAGA RAJA
Shri P.P.S. JANARTHANA
Shri V. SANTHANARAMAN
Shri P.J. RAMKUMAR RAJHA
Shri P.A.B. RAJU
Ramaraju Surgical Cotton Mills Company Limited’s Particulars of Holding, Subsidiaries, & Associate Companies
| Name of the Company | Subsidiary / Associate | No. of shares held |
| Madras Chipboard Limited | Subsidiary | 75.01 |
| Taram Textiles LLC, USA | Subsidiary | 100.00 |
| Sri Vishnu Shankar Mill Limited | Associate | 0.75 |
| Shri Harini Media Limited | Associate | 2.65 |
| The Ramco Cements Limited | Associate | 1.40 |
| Ramco Industries Limited | Associate | 0.16 |
| Rajapalayam Mills Limited | Associate | 1.83 |
| Ramco Systems Limited | Associate | 0.04 |
The Ramaraju Surgical Cotton Mills Limited Shareholding Pattern (As of 31-03-2023)
| S. No. | Shareholders’ Name | Number of shares | % of total Shares of the company |
| 1 | Promoters | 18,12,580 | 45.34% |
| 2 | Public Shareholding | 21,85,320 | 54.66% |
| Total | 39,97,900 |
Ramaraju Surgical Cotton Mills Limited Balance Sheet (In Rs. Crores)
| Particulars | As at 31 March 2023 | As at 31 March 2022 |
| ASSETS | ||
| Non-Current Assets | ||
| Property, Plant & Equipments | 297.27 | 241.06 |
| Capital Work-in-progress | 9.17 | 24.98 |
| Investment Property | 0.05 | 0.06 |
| Goodwill | 19.52 | 19.52 |
| Intangible Assets Financial Assets | 0.61 | 0.02 |
| Investments in Associates | 187.56 | 182.46 |
| Other Investments | 0.08 | 0.12 |
| Other Financial Assets | 7.62 | 4.11 |
| Deferred Tax Assets (Net) | 4.87 | 0.79 |
| Other Non-Current Assets | 1.22 | 17.42 |
| Sub Total (A) | 527.98 | 490.52 |
| Current Assets | 129.73 | 103.34 |
| Inventories | 38.11 | 36.12 |
| Financial Assets Trade Receivables | 3.03 | 8.48 |
| Cash and Cash Equivalents | 0.07 | 0.93 |
| Other Financial Assets | 2.00 | 1.88 |
| Current Tax Assets | 0.67 | 2.40 |
| Other Current Assets | 25.90 | 29.29 |
| Sub Total (B) | 199.52 | 182.44 |
| TOTAL ASSETS (A+B) | 727.50 | 672.97 |
| EQUITY AND LIABILITIES | ||
| Equity | ||
| Equity Share Capital | 4.00 | 4.00 |
| Other Equity | 258.55 | 288.66 |
| Non-Controlling Interest | 5.36 | 5.21 |
| Total Equity (A) | 267.91 | 297.87 |
| Liabilities | ||
| Non-Current Liabilities | ||
| Financial Liabilities | 222.37 | 141.40 |
| Borrowings | ||
| Provisions | 0.89 | 0.80 |
| Deferred Government Grants | 0.16 | 0.17 |
| Sub Total (B) | 223.41 | 142.38 |
| Current Liabilities | ||
| Financial Liabilities | ||
| Borrowings | 200.37 | 184.32 |
| Trade Payables | – | – |
| (i) Total Outstanding dues of micro enterprise and small enterprises | 3.16 | 0.92 |
| (ii) Total Outstanding dues of creditors other than micro enterprise and small enterprises | 11.38 | 16.67 |
| Other Financial Liabilities | 9.63 | 8.63 |
| Other Current Liabilities | 7.72 | 16.78 |
| Provisions | 3.91 | 5.39 |
| Sub Total (C) | 236.18 | 232.72 |
| TOTAL EQUITY AND LIABILITIES (A+B+C) | 727.50 | 672.97 |
Ramaraju Surgical Cotton Mills Limited Profit & Loss Statement (In Rs. Crores)
| PARTICULARS | 2023 | 2022 |
| INCOME | ||
| Revenue from operations | 407.11 | 432.14 |
| Other Income | 2.68 | 1.87 |
| Total Income | 409.79 | 434.01 |
| EXPENSES | ||
| Cost of Materials Consumed | 245.03 | 255.16 |
| Purchases of Stock- in- Trade | 11.12 | 5.05 |
| Changes in Inventories of Finished Goods and Work-in-Progress | -3.49 | -9.71 |
| Employee Benefit Expenses | 49.25 | 40.43 |
| Finance Cost | 31.59 | 20.77 |
| Depreciation and Amortisation Expenses | 42.06 | 45.98 |
| Other Expenses | 73.11 | 68.64 |
| Total Expenses | 448.66 | 426.33 |
| Profit / (Loss) before tax | -38.87 | 7.69 |
| Tax Expenses / (Savings) | ||
| Current Tax | – | 1.35 |
| Current Tax relating to earlier years | -0.06 | – |
| Deferred Tax | -4.08 | -2.08 |
| Total Tax Expenses / (Savings) | -4.14 | -0.73 |
| Profit / (Loss) for the year before share of Profit of Associates | -34.73 | 8.42 |
| Share of Net profit after tax of Associates accounted using equity method | 5.48 | 12.73 |
| Profit for the Year | -29.25 | 21.15 |
| Other Comprehensive Income | ||
| Item that will not be reclassified subsequently to Profit and Loss: | ||
| Remeasurement (Losses) on defined benefit obligation (net) | -0.35 | -0.82 |
| Less: Income tax Savings | -0.10 | -0.14 |
| Add: Deferred Tax (including MAT Credit) | 0.10 | 0.14 |
| Total | -0.35 | -0.82 |
| Fair value Gain on Equity Instruments through OCI (Net) | -0.04 | -0.02 |
| Share of OCI of Associates accounted for using the equity method | 0.00 | -0.03 |
| OCI – Foreign Currency Translation | 0.04 | – |
| Other Comprehensive Income / (Loss) for the year, net of tax | -0.35 | -0.87 |
| Total Comprehensive Income / (Loss) for the year, net of tax | -29.60 | 20.29 |
| Profit / (Loss) for the attributable to : Shareholders of the company | -29.37 | 21.44 |
| Non controlling Interest | 0.11 | -0.29 |
| Total Comprehensive Income for the year attributable to : | ||
| Shareholders of the company | -29.71 | 20.57 |
| Non controlling Interest | 0.11 | -0.29 |
| Earnings per Equity Share of 10/- each | ||
| Basic | -73.46 | 53.63 |
| Diluted | -73.46 | 53.63 |
Ramaraju Surgical Cotton Mills Limited’s Cash Flow Statement (In Rs. Crores)
| Particulars | 31st March 2023 | 31 March 2022 |
| A. Cash Flow from Operating Activities | ||
| Net Profit after Tax as per Statement of Profit and Loss | -38.87 | 7.69 |
| Adjustments to reconcile profit before tax to cash generated by operating activities | ||
| Depreciation and Amortization expenses | 42.06 | 45.98 |
| Loss on Sale of Assets | 31.59 | 20.77 |
| Finance Costs | -2.23 | -1.72 |
| Government Grants | -0.37 | 2.53 |
| Interest Income | -0.01 | -0.01 |
| Bad debts | – | 0.11 |
| Impairment Allowance for Trade Receivables | 0.54 | 0.11 |
| Operating Profit before Working Capital Changes | 32.70 | 75.45 |
| Net Change in: | ||
| Inventories | -0.89 | 16.08 |
| Trade Receivables | 2.26 | -1.79 |
| Loans and Advances | -26.39 | -39.44 |
| Trade Payables & Current liabilities | -12.52 | -0.88 |
| Cash Generated from Operations | -4.84 | 49.42 |
| Income Tax | -0.67 | -2.35 |
| Net cash generated from operating activities | -5.51 | 47.07 |
| B. Cash flows from investing activities | ||
| Purchase of purchase of property, plant and equipment | -68.45 | -50.58 |
| Investment in shares | -2.12 | -3.70 |
| Declassification of Investment Pursuant to the scheme of Amalgamation | – | 1.49 |
| Proceeds From sale of property , Plant & Equipments | 1.96 | 1.90 |
| Interest Received | 0.23 | 0.05 |
| Dividend Received | 1.02 | 0.01 |
| Net cash used in investing activities | -67.37 | -50.83 |
| C. Cash flows from financing activities | ||
| Long Term Borrowings | ||
| Proceeds from Long Term Borrowings | 143.15 | 63.43 |
| Repayment of Long Term Loan | -61.22 | -40.44 |
| Short Term Borrowings | ||
| Proceeds / (Repayment) of Deposits – Related Parties | -8.78 | 2.42 |
| Proceeds / (Repayment) of Short Term Borrowings (Net) | 23.86 | 7.20 |
| Non-controlling Interest | 0.04 | -2.41 |
| Payment of Dividend | -0.39 | -0.20 |
| Finance Cost | -30.09 | -20.77 |
| Net Cash Flows from / (used in) Financing Activities | 66.56 | 9.24 |
| Net Increase in Cash and Cash Equivalent (A+B+C) | -6.31 | 5.47 |
| Opening balance of Cash and Cash Equivalents | 9.42 | 3.91 |
| Cash and Cash Equivalents acquired pursuant to Business Combination | – | 0.03 |
| Closing balance of Cash and Cash Equivalents | 3.11 | 9.42 |
Ramaraju Surgical Cotton Mills Limited Key Financial Ratios
| Particulars | 31-Mar-23 | 31-Mar-22 |
| Current Ratio (in times) | 1.02 | 0.93 |
| Debt-Equity Ratio (in times) | 4.38 | 2.53 |
| Return on Equity Ratio (in %) | -29 | 8 |
| Inventory Turnover Ratio (in times) | 101 | 67 |
| Trade Receivables Turnover Ratio (in times) | 36 | 47 |
| Trade Payable Turnover Ratio (in times) | 14 | 13 |
| Net Capital Turnover Ratio (in times) | 123 | 101 |
| Net Profit Ratio (in %) | -7 | 2 |
| Return on Capital Employed Ratio (in %) | 0 | 7 |
Ramaraju Surgical Cotton Mills Limited share Dividend History
| Particulars | 2023 | 2022 |
| Dividend per Share | 0.50 | 1.00 |
| Retained Earnings (In Rs. Crores) | -5.73 | 24.42 |
Ramaraju Surgical Cotton Mills Limited Recent Financial Performance
Revenue from Operations:
In 2023, RSCML reported a revenue of ₹407.11 Crores, representing a 5.8% decrease compared to 2022. This decline may be attributed to factors such as decreased sales volume or lower selling prices, potentially impacting the company ‘s top-line performance.
Earnings per Equity Share (EPS):
In 2023, the EPS turned sharply negative at -₹73.46, whereas it stood at ₹53.63 in 2022. The negative EPS indicates that the company ‘s earnings were insufficient to cover the dividend commitments to its shareholders, potentially impacting investor confidence.
RSCML ‘s net profit ratio turned negative at -7% in 2023, down from 2% in 2022, indicating that the company ‘s profit margin eroded, possibly due to increased costs or pricing pressures.
ROCE significantly dropped to 0% in 2023 from 7% in 2022, highlighting a minimal return on the capital invested in the business. This suggests that the company may not have efficiently utilized its capital resources to generate profits.
ROE turned negative at -29% in 2023, compared to a positive 8% in 2022. The negative ROE indicates that the company ‘s equity base was eroded, and it failed to generate a return on shareholders ‘ investments, which is a critical concern for investors and stakeholders.
