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RRKABEL - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.9

Last Updated Time : 02 Feb 26, 01:19 pm

Fundamental Rating: 3.9

Stock Code RRKABEL Market Cap 15,576 Cr. Current Price 1,377 ₹ High / Low 1,563 ₹
Stock P/E 33.7 Book Value 206 ₹ Dividend Yield 0.44 % ROCE 19.7 %
ROE 15.2 % Face Value 5.00 ₹ DMA 50 1,416 ₹ DMA 200 1,352 ₹
Chg in FII Hold 0.22 % Chg in DII Hold 0.07 % PAT Qtr 130 Cr. PAT Prev Qtr 116 Cr.
RSI 42.7 MACD -27.8 Volume 4,28,269 Avg Vol 1Wk 2,23,779
Low price 750 ₹ High price 1,563 ₹ PEG Ratio 2.48 Debt to equity 0.17
52w Index 77.1 % Qtr Profit Var 91.1 % EPS 39.7 ₹ Industry PE 17.9

📊 Core Financials

  • Revenue & Profitability: Quarterly PAT at ₹130 Cr, up from ₹116 Cr, showing steady growth. EPS at ₹39.7 indicates solid earnings power.
  • Margins: ROCE at 19.7% and ROE at 15.2% reflect strong efficiency and profitability.
  • Debt Ratios: Debt-to-equity at 0.17 shows low leverage, enhancing financial stability.
  • Cash Flows: Healthy operating cash generation implied by consistent profitability and low debt.

💹 Valuation Indicators

  • P/E Ratio: 33.7, significantly higher than industry average of 17.9, suggesting premium valuation.
  • P/B Ratio: Current price ₹1,377 vs. book value ₹206 → ~6.7x, expensive relative to assets.
  • PEG Ratio: 2.48, indicating valuation is stretched compared to growth prospects.
  • Intrinsic Value: Current valuation appears above intrinsic worth, offering limited margin of safety.

🏢 Business Model & Competitive Advantage

  • RR Kabel operates in wires, cables, and electrical solutions with a diversified product portfolio.
  • Competitive advantage lies in brand recognition, distribution strength, and product innovation.
  • Business model benefits from infrastructure growth and rising demand for electrical goods.

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: Attractive accumulation range between ₹1,250 – ₹1,300, closer to DMA200 and support levels.
  • Long-Term Holding: Strong fundamentals and low debt make it suitable for long-term investors, though current valuation is on the higher side.

✅ Positive

  • Strong ROCE (19.7%) and ROE (15.2%).
  • Low debt-to-equity ratio (0.17) ensures financial resilience.
  • Quarterly PAT growth from ₹116 Cr to ₹130 Cr.

⚠️ Limitation

  • High P/E ratio compared to industry average.
  • PEG ratio of 2.48 suggests stretched valuation.
  • Dividend yield of 0.44% is modest.

📉 Company Negative News

  • Valuation premium may limit near-term upside.
  • Stock trading below DMA50 indicates weak momentum.

📈 Company Positive News

  • Quarterly profit variation of 91.1% YoY highlights strong growth momentum.
  • FII holding increased (+0.22%) and DII holding increased (+0.07%), showing institutional confidence.
  • Strong 52-week performance with 77.1% gain.

🏭 Industry

  • Electrical equipment and cables industry trades at industry PE of 17.9, much lower than RR Kabel’s valuation.
  • Sector growth supported by infrastructure expansion and housing demand.

🔎 Conclusion

  • RR Kabel is financially strong with solid return ratios and low debt.
  • Valuation is stretched, limiting near-term upside, but long-term prospects remain positive given industry growth.
  • Best suited for long-term investors with entry around ₹1,250 – ₹1,300 offering a reasonable margin of safety.

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