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Fundamentals for R R Kabel Limited
Business Operations:
Sector: IndustrialsIndustry: Electrical Equipment & Parts
R R Kabel Limited manufactures and sells wires and cables, and fast-moving electrical goods (FMEG) in India and internationally. The company offers house wires, industrial wires, power cables, and special cables. It also provides FMEG products, such as fans, LED lighting, switches, switchgears, water heaters, and other appliances. Its products are used in residential, commercial, industrial, and infrastructure sectors. The company was formerly known as Ram Ratna Agro-Plast Limited and changed its name to R R Kabel Limited in November 2000. R R Kabel Limited was incorporated in 1995 and is based in Mumbai, India. R R Kabel Limited is a subsidiary of Ram Ratna Wires Limited.
Revenue projections:
RRKABEL's revenue projections show a decrease from last year, which tends to make investors more cautious. This could have a negative impact on the company's bottom line, as lower revenues typically suggest reduced profitability and growth potential, prompting concern among investors.
Financial Ratios:
| currentRatio | 1.651000 |
|---|---|
| forwardPE | 36.789467 |
| debtToEquity | 13.092000 |
| earningsGrowth | 0.300000 |
| revenueGrowth | 0.336000 |
| grossMargins | 0.181200 |
| operatingMargins | 0.079450 |
| trailingEps | 43.640000 |
| forwardEps | 67.636210 |
RRKABEL's current ratio being 1.651 suggests that it has more than enough liquidity to cover short-term debt obligations. The company's cash reserves and current assets are sufficient to meet immediate liabilities, signaling solid financial health and minimal risk.
RRKABEL's low Debt-to-Equity ratio indicates that the company isn't over-leveraged, suggesting it maintains a healthy balance between debt and equity. This lowers financial risk and points to a stable financial foundation, reassuring investors of the company's financial health.
RRKABEL's positive earnings and revenue growth indicate that the company is expected to continue expanding its business. These trends reflect strong financial health, with increasing profits and sales suggesting sustained growth and success for RRKABEL.
RRKABEL's forward EPS is greater than its trailing EPS, indicating that the company is expected to deliver higher profitability this year. This suggests that RRKABEL is projected to improve its earnings, reflecting positive growth compared to last year's financial performance.
Price projections:
Over time, price projections for RRKABEL have been gradually revised upward, reflecting increasing optimism about the company's future performance. This trend suggests analysts are growing more confident in RRKABEL's ability to deliver strong results and achieve higher market value.
Recommendation changes over time:
Analysts are favoring RRKABEL with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider RRKABEL as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.
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