Raghav Productivity Enhancers’ shares gave a return of 2575% in 5 years.

Raghav Productivity Enhancers, a leading company in the electrodes and refractories industry, has given excellent returns to its investors. This stock has given a bumper return of 2575% in the last 5 years. Even in the last 6 months, it has seen a growth of 87%. The market cap of the company currently stands at ₹3,200 crore.

Company Introduction and Products

Raghav Productivity Enhancers, formerly known as Raghav Raming Mass Limited, was listed on BSE-SME in 2016.

• This company claims to be the world’s largest manufacturer of silica ramming mass.
• Silica Ramming Mass:
  • It is a high purity refractory material.
  • It is used to line induction furnaces.
  • It protects the furnace from extreme temperatures and chemical reactions.
  • It has strong thermal and mechanical durability.
• The company works in technical collaboration with JWK AB Sweden and supplies its products to 35+ countries.

Share performance: Journey from ₹26 to ₹700

5 years ago, on 23 December 2019, share price of Raghav Productivity Enhancers was ₹26.13. It closed at ₹699 on 23 December 2024.

• Return: 2575.09%.
• Example of return on investment:
  • Investment of ₹25,000: ₹6 lakh+.
  • Investment of ₹50,000: ₹13 lakh+.
  • Investment of ₹1,00,000: ₹26 lakh+.

Financial Highlights

Latest Quarterly Performance (July-September 2024)

• Standalone revenue: ₹26.36 crore.
• Net Profit: ₹4.67 crore.

FY 2023-24 Performance

• Total Revenue: ₹118.76 crore.
• Net Profit: ₹25.25 crore.

Other share information

• Face value: ₹10.
• Uptrend in 3 months: 30%.
• Decline in 1 month: 15%.
• Promoters’ stake: 62.92% as of December 2, 2024.

Distribution of Bonus Shares

The company recently distributed bonus shares in the ratio of 1:1.

• What is 1:1 ratio?
  • Each shareholder received one bonus share for every share he held.
• Record date: 29 November 2024.
• Total Bonus Shares: 2.29 crore fully paid-up equity shares.

Why is this stock a multibagger?

• Strong Business Model:
  Raghav Productivity Enhancers has global dominance in silica ramming mass manufacturing.
• Technical Cooperation:
  Technical collaboration with JWK AB Sweden made it globally competitive.
• Investor confidence:
  The return of 2575% in 5 years is proof of this.
• Global Presence:
  The company’s products are supplied to 35+ countries.