Ramaraju Surgical Cotton Mills Ltd
is a part of Ramco Group of companies, incorporated
in 1939 is specialized in producing absorbent
cotton, gauze, bandages and other wound-care products in Southern India.
Ramaraju Surgical manufactures products under three different brand name i.e Surgicom
– related to surgical products, Sudarsanam Spinning – related to textile
products, and Sudarsanam – related to weaving & sizing products.
LISTING STATUS – Ramaraju Surgical Cotton Mills Ltd got
listed on MSEI (Metropolitan Stock Exchange of India Ltd) on 28th March 2018.
CONSOLIDATED FINANCIAL HIGHLIGHTS: (All
Fig in Crs.)
PARTICULARS
|
2018
|
2017
|
2016
|
TOTAL
INCOME
|
264
|
244
|
246
|
PAT
|
9
|
17
|
18
|
EPS
|
22.43
|
84.82
|
89.39
|
EQUITY*
|
3.95
|
1.97
|
1.97
|
BOOK
VALUE
|
550.03
|
1076.09
|
991.22
|
FACE
VALUE
|
10
|
10
|
10
|
*Equity paid up capital has increased in 2018
due to bonus declaration in June 2017 in ratio 1:1.
Dividend declared for FY 2018 is 5%.
SEGMENT REVENUE CONTRIBUTION: (All
Fig in Crs.)
SEGMENT
|
2018
|
2017
|
TEXTILE
|
186.94
|
200.40
|
SURGICAL
|
37.57
|
34.81
|
FABRIC
|
62.26
|
20.79
|
WINDMILL
|
10.84
|
10.34
|
INVESTMENT IN ASSOCIATE COMPANIES:
Ramaraju Surgical Cotton Mills Ltd holds strong investment in its
group companies listed on nationalized stock exchanges i.e BSE/NSE .The investment are in Ramco Cement Ltd, Ramco Industries Ltd , RajapalayamMills Ltd and Ramco Systems Ltd. The
market value of this investment stands at Rs. 284.13 Crs as on 31/3/2018 (Rs.
257.81 Crs as on 31/3/2017).
Thus being the part of a strong textile conglomerate
of southern India, strategic investment with rising market value and strong
business model depicting good performance year on year, we recommend – “Buy – Ramaraju Surgical Cotton Mills Ltd”.
For
buying and selling any unquoted / unlisted / delisted or suspended shares in
physical or demat you can reach us at Contact No.91+ 09215709100 or Email us on
mittalmanish2003@gmail.com
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