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.