Benefits

Dashboard

See Price & Plans

Not registered yet? Get a free account.

Rashmi Cement Limited
Location
T. Score
Financials
- Financial Highlights
- Balance Sheet
- Profit & Loss
- Ratios
Charges
People
Network
Registered Details

RASHMI CEMENT LIMITED

Active

Updated: 13 Oct 2024

Rashmi Cement Limited, is an unlisted public company incorporated on 12 September, 1991. It is classified as a public limited company and is located in Jhargram, West Bengal. It's authorized share capital is INR 1,000.00 cr and the total paid-up capital is INR 470.46 cr.

Rashmi Cement Limited's operating revenue range is Over INR 500 cr for the financial year ending on 31 March, 2023. It's EBITDA has decreased by 37.97% over the previous year. At the same time, it's book networth has increased by 25.26%.

Industry

Mining and Quarrying

Products

Sinter, Cement, Pig Iron, Wire Rods, TMT Bars, DI Pipes, MS Billets, Sponge Iron

Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales

2.96%

₹ 3,687.7

EBITDA

-30.43%

₹ 272.8

Net Profit

-23.03%

₹ 222.3

Networth

7.51%

₹ 3,201.6

Borrowings

-31.86%

₹ 121.5

Assets

6.95%

₹ 3,568.3

Gross Margin

-2.0

18.3 %

Operating Margin

-3.55

7.4 %

Net Profit Margin

-2.04

6.0 %

Return on Equity

-2.76

6.9 %

ROCE

-10.78

18.3 %

Debt to Equity

-0.02

0.0

Sales

Mar 2024

Net worth

Mar 2024

Buy Report or Plans

Dashboards

Popular Plan

Company dashboard

₹ 449
- Five year financials and ratios
- Risk analysis
- Interactive charts

View subscriptions and buy credits

MCA Fillings

All financials

₹ 349
- All financials
- All annual returns
- MoA and AoA
1 Year

₹ 249
- Latest financials
- Latest annual return
- MoA and AoA

PDF Reports

Financial report

₹ 799
- Five year financials and ratios
- Shareholding and group structure
- Litigation and more
Due diligence report

₹ 2999
- Everything in financial report
- Peers and financials

* GST not included

** Reports & MCA filings will be based on the latest available financials.

Locations

India (1)

State	Type	Address

Locations on Map

Tofler Score

Very Good

Poor

Fair

Good

Very Good

Excellent

Risk

Severe Risk

No risks identified

Moderate Risk

No risks identified

Low Risk

GROSS MARGINS DETERIORATING
EBITDA MARGINS DETERIORATING
NET MARGIN DETERIORATING
ROCE DETERIORATING

About Tofler Score

Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

Financial Highlights

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	1,701.0	2,169.6	3,998.9	3,581.7	3,687.7
Operating profit	403.7	615.5	632.2	392.2	272.8
Net profit	288.9	424.6	443.8	288.8	222.3
Gross margin	30.6	35.6	30.0	20.3	18.3
Operating margin	23.7	28.4	15.8	10.9	7.4
Net margin	16.8	19.4	11.0	8.0	6.0
Networth	1,379.9	1,825.8	2,377.5	2,977.9	3,201.6
Borrowings	339.0	256.7	64.9	178.3	121.5
Assets	2,240.5	2,249.1	2,637.4	3,336.5	3,568.3
Debt to equity	0.2	0.1	0.0	0.1	0.0
Current ratio	2.1	2.8	5.6	3.9	4.0
ROE	20.9	23.3	18.7	9.7	6.9
Days payable	41.0	4.0	5.0	4.0	15.0
WC days	171.0	111.0	88.0	89.0	93.0

Margins

Gross margin

Operating margin

Net margin

Balance Sheet

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	470.5	470.5	470.5	470.5	470.5
Reserves	909.5	1,355.4	1,907.0	2,507.4	2,731.1
Borrowings +	339.0	256.7	64.9	178.3	121.5
Long term borrowings	-	-	-	-	-
Short term borrowings	339.0	256.7	64.9	178.3	121.5
Trade payables +	131.4	15.4	39.2	29.6	126.5
Days payable	41.0	4.0	5.0	4.0	15.0
Other liabilities +	521.6	166.7	195.0	180.3	245.2
Other non-current liabilities	109.0	54.8	51.5	55.7	50.4
Other current liabilities	281.1	96.5	104.2	95.0	68.3
Total liabilities	2,240.5	2,249.1	2,637.4	3,336.5	3,568.3
Fixed Assets +	458.5	400.3	371.7	342.7	362.8
Tangible assets	430.0	399.0	365.8	331.0	314.0
CWIP	28.5	1.2	6.0	11.7	48.8
Intangible assets	-	-	-	-	-
LT loans and advances	-	-	-	-	-
Other non-current assets	234.8	821.6	1,096.6	1,816.1	1,945.6
Current assets +	1,547.2	1,027.2	1,169.1	1,177.8	1,259.9
Inventories	610.9	381.4	265.0	378.4	592.8
Trade receivables	29.4	18.9	21.4	17.4	15.4
Cash and cash equivalents	16.0	17.6	9.8	44.1	191.3
ST loans and advances	322.2	0.2	0.3	0.3	-
Other current assets	568.7	609.1	872.6	737.5	460.5
Total assets	2,240.5	2,249.1	2,637.4	3,336.5	3,568.3

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	21.0	20.92	17.84	14.1	13.18
Reserves	40.59	60.26	72.31	75.15	76.54
Borrowings +	15.13	11.41	2.46	5.35	3.41
Long term borrowings	0.0	0.0	0.0	0.0	0.0
Short term borrowings	15.13	11.41	2.46	5.35	3.41
Trade payables	5.87	0.69	1.49	0.89	3.55
Other liabilities +	23.28	7.41	7.39	5.4	6.87
Other non-current liabilities	4.87	2.43	1.95	1.67	1.41
Other current liabilities	12.55	4.29	3.95	2.85	1.91
Total liabilities
Fixed Assets +	20.46	17.8	14.09	10.27	10.17
Tangible assets	19.19	17.74	13.87	9.92	8.8
CWIP	1.27	0.06	0.23	0.35	1.37
Intangible assets	0.0	0.0	0.0	0.0	0.0
LT loans and advances	0.0	0.0	0.0	0.0	0.0
Other non-current assets	10.48	36.53	41.58	54.43	54.52
Current assets +	69.06	45.67	44.33	35.3	35.31
Inventories	27.27	16.96	10.05	11.34	16.61
Trade receivables	1.31	0.84	0.81	0.52	0.43
Cash and cash equivalents	0.71	0.78	0.37	1.32	5.36
ST loans and advances	14.38	0.01	0.01	0.01	0.0
Other current assets	25.38	27.08	33.08	22.1	12.9
Total assets

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	470.5	470.5	470.5	470.5	470.5
Reserves	916.2	1,356.2	2,113.2	2,883.4	3,414.9
Borrowings +	465.4	256.7	64.9	178.3	191.5
Long term borrowings	-	-	-	-	-
Short term borrowings	465.4	256.7	64.9	178.3	191.5
Trade payables +	131.2	5.7	71.4	49.9	171.3
Days payable	41.0	1.0	9.0	6.0	16.0
Other liabilities +	567.3	222.5	711.9	351.1	392.8
Other non-current liabilities	109.0	54.9	59.7	73.2	79.6
Other current liabilities	327.0	161.9	580.9	227.9	142.0
Total liabilities	2,419.3	2,305.9	3,360.6	3,883.3	4,469.7
Fixed Assets +	577.5	731.9	1,001.3	1,308.3	1,523.2
Tangible assets	433.1	405.1	777.7	1,177.8	1,328.5
CWIP	144.4	326.8	221.6	128.5	192.7
Intangible assets	-	-	2.0	2.0	2.0
LT loans and advances	-	-	-	-	-
Other non-current assets	237.7	397.4	790.5	1,075.0	1,204.6
Current assets +	1,604.2	1,176.6	1,568.7	1,500.0	1,741.9
Inventories	623.7	425.4	460.8	651.5	907.5
Trade receivables	29.4	18.9	22.4	18.1	16.2
Cash and cash equivalents	18.7	19.5	12.9	48.4	229.1
ST loans and advances	319.8	0.2	0.5	0.8	-
Other current assets	612.7	712.5	1,072.1	781.3	589.0
Total assets	2,419.3	2,305.9	3,360.6	3,883.3	4,469.7

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	19.45	20.4	14.0	12.11	10.53
Reserves	37.87	58.81	62.88	74.25	76.4
Borrowings +	19.24	11.13	1.93	4.59	4.28
Long term borrowings	0.0	0.0	0.0	0.0	0.0
Short term borrowings	19.24	11.13	1.93	4.59	4.28
Trade payables	5.42	0.25	2.12	1.28	3.83
Other liabilities +	23.45	9.65	21.19	9.04	8.79
Other non-current liabilities	4.51	2.38	1.78	1.89	1.78
Other current liabilities	13.52	7.02	17.29	5.87	3.18
Total liabilities
Fixed Assets +	23.87	31.74	29.8	33.69	34.08
Tangible assets	17.9	17.57	23.14	30.33	29.72
CWIP	5.97	14.17	6.6	3.31	4.31
Intangible assets	0.0	0.0	0.06	0.05	0.04
LT loans and advances	0.0	0.0	0.0	0.0	0.0
Other non-current assets	9.82	17.23	23.52	27.68	26.95
Current assets +	66.31	51.02	46.68	38.63	38.97
Inventories	25.78	18.45	13.71	16.78	20.3
Trade receivables	1.21	0.82	0.67	0.47	0.36
Cash and cash equivalents	0.77	0.85	0.38	1.25	5.13
ST loans and advances	13.22	0.01	0.01	0.02	0.0
Other current assets	25.32	30.9	31.9	20.12	13.18
Total assets

Total assets

Profit & Loss

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	1,701.0	2,169.6	3,998.9	3,581.7	3,687.7
Sales growth %	-0.67	27.55	84.32	-10.43	2.96
Expenses +	1,368.9	1,634.5	3,419.1	3,233.0	3,460.3
Cost of goods	1,180.1	1,396.8	2,799.5	2,854.9	3,013.1
Employee cost	28.3	25.0	34.3	41.0	48.0
Other costs	88.9	132.4	532.9	293.7	353.8
Operating profit +	403.7	615.5	632.2	392.2	272.8
Operating margin %	23.7	28.4	15.8	10.9	7.4
Other income	14.6	17.4	25.0	27.1	39.2
Interest	15.3	31.5	9.1	5.2	11.5
Depreciation	56.4	48.9	43.4	38.3	33.9
Exceptional items	-	-	-	-	-
Profit before tax	346.6	552.4	604.7	375.8	266.6
Tax	57.8	127.8	160.9	87.0	44.4
Profit - disc. ops	-	-	-	-	-
Net profit	288.9	424.6	443.8	288.8	222.3
Net margin %	16.8	19.4	11.0	8.0	6.0

Precentage of total income	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	99.15	99.21	99.38	99.25	98.95
Expenses +	79.79	74.74	84.97	89.59	92.85
Cost of goods	68.79	63.87	69.57	79.11	80.85
Employee cost	1.65	1.14	0.85	1.13	1.29
Other costs	5.18	6.05	13.24	8.14	9.49
Operating profit	23.53	28.14	15.71	10.87	7.32
Other income	0.85	0.79	0.62	0.75	1.05
Interest	0.89	1.44	0.23	0.14	0.31
Depreciation	3.29	2.24	1.08	1.06	0.91
Exceptional items	0.0	0.0	0.0	0.0	0.0
Profit before tax	20.21	25.26	15.03	10.41	7.15
Tax	3.37	5.84	4.0	2.41	1.19
Profit - disc. ops	0.0	0.0	0.0	0.0	0.0
Net profit	16.84	19.42	11.03	8.0	5.96

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	1,702.0	2,176.3	4,511.9	4,157.8	5,258.5
Sales growth %	-0.62	27.87	107.32	-7.85	26.47
Expenses +	1,370.6	1,641.8	3,693.0	3,611.3	4,659.2
Cost of goods	1,180.9	1,403.3	2,987.3	3,109.0	4,000.0
Employee cost	28.3	25.0	53.6	55.0	85.7
Other costs	89.6	132.6	587.0	369.8	464.0
Operating profit +	403.2	615.3	884.0	624.0	708.8
Operating margin %	23.7	28.3	19.6	15.0	13.5
Other income	16.1	18.5	31.4	34.7	49.7
Interest	15.3	31.5	9.2	5.2	15.1
Depreciation	56.4	49.3	55.9	72.3	94.4
Exceptional items	-	-	-	-	-
Profit before tax	347.6	553.0	850.3	581.2	649.0
Tax	58.0	128.0	203.2	122.9	118.8
Profit - disc. ops	-	-	-	-	-
Net profit	289.6	425.0	647.1	458.4	530.2
Net margin %	16.9	19.4	14.2	10.9	10.0

Precentage of total income	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	99.06	99.16	99.31	99.17	99.06
Expenses +	79.77	74.8	81.28	86.14	87.77
Cost of goods	68.74	63.94	65.75	74.16	75.36
Employee cost	1.64	1.14	1.18	1.31	1.61
Other costs	5.22	6.04	12.92	8.82	8.74
Operating profit	23.47	28.03	19.46	14.88	13.35
Other income	0.94	0.84	0.69	0.83	0.94
Interest	0.89	1.44	0.2	0.12	0.28
Depreciation	3.28	2.24	1.23	1.72	1.78
Exceptional items	0.01	0.0	0.0	0.0	0.0
Profit before tax	20.23	25.2	18.72	13.86	12.23
Tax	3.38	5.83	4.47	2.93	2.24
Profit - disc. ops	0.0	0.0	0.0	0.0	0.0
Net profit	16.86	19.36	14.24	10.93	9.99

Revenue from operations

Ratios

Standalone

Consolidated

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Solvency +
Total Debt/Equity	0.2	0.1	0.0	0.1	0.0
Net Debt/Equity	0.2	0.1	0.0	0.1	0.0
Total Debt/Assets	0.1	0.1	0.0	0.1	0.0
Total Assets/Equity	1.6	1.2	1.1	1.1	1.1
Liquidity +
Current Ratio	2.1	2.8	5.6	3.9	4.0
Quick Ratio	1.2	1.8	4.3	2.6	2.1
Interest Coverage	26.5	19.5	69.8	75.6	23.6
Performance
Gross Margin	30.6	35.6	30.0	20.3	18.3
Operating Margin	23.7	28.4	15.8	10.9	7.4
Net Margin	16.8	19.4	11.0	8.0	6.0
Return +
Return on Equity	20.9	23.3	18.7	9.7	6.9
Pre-tax ROCE	27.7	53.5	44.2	29.1	18.3
Return on Assets	12.9	18.9	16.8	8.7	6.2
Pre-tax ROIC	20.4	27.4	24.2	11.4	7.5
Efficiency +
Days Payable	41.0	4.0	5.0	4.0	15.0
Days Inventory	189.0	100.0	35.0	48.0	72.0
Days Receivable	6.0	3.0	2.0	2.0	2.0
Fixed Asset Turnover	3.7	5.4	10.8	10.4	10.2
Total Asset Turnover	0.8	1.0	1.5	1.1	1.0
Working Capital
Cash Conversion Cycle	154.0	99.0	32.0	46.0	59.0
Working Capital Days	171.0	111.0	88.0	89.0	93.0

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Solvency +
Total Debt/Equity	0.3	0.1	0.0	0.1	0.1
Net Debt/Equity	0.3	0.1	0.0	0.0	0.0
Total Debt/Assets	0.2	0.1	0.0	0.1	0.0
Total Assets/Equity	1.7	1.3	1.3	1.2	1.1
Liquidity +
Current Ratio	1.7	2.8	2.2	3.3	3.5
Quick Ratio	1.1	1.8	1.5	1.9	1.6
Interest Coverage	26.3	19.5	96.2	119.5	46.9
Performance
Gross Margin	30.6	35.5	33.8	25.2	23.9
Operating Margin	23.7	28.3	19.6	15.0	13.5
Net Margin	16.9	19.4	14.2	10.9	10.0
Return +
Return on Equity	20.9	23.3	25.0	13.7	13.7
Pre-tax ROCE	27.6	38.1	44.7	23.5	22.3
Return on Assets	12.0	18.4	19.3	11.8	11.9
Pre-tax ROIC	18.9	27.4	31.4	15.8	15.8
Efficiency +
Days Payable	41.0	1.0	9.0	6.0	16.0
Days Inventory	193.0	111.0	56.0	76.0	83.0
Days Receivable	6.0	3.0	2.0	2.0	1.0
Fixed Asset Turnover	3.0	3.0	4.5	3.2	3.5
Total Asset Turnover	0.7	0.9	1.3	1.1	1.2
Working Capital
Cash Conversion Cycle	158.0	113.0	49.0	72.0	68.0
Working Capital Days	146.0	126.0	69.0	92.0	86.0

Ratios

Current ratio

Debt/equity ratio

Charges on assets

Bank wise

Charges

Yes Bank Limited

No. of Loans: 1

Total Amount : 300.0 cr

ICICI Bank Limited

No. of Loans: 1

Total Amount : 225.0 cr

WEST BENGAL INDUSTRIAL DEVELOPMENT CORPORATION LTD.

No. of Loans: 1

Total Amount : 4.9 cr

INDUSIND BANK LIMITED

No. of Loans: 4

Total Amount : 1.7 cr

Charge Holder	Amount	Date of creation/modification
Yes Bank Limited	300.0 cr	06 Sep, 2023
ICICI Bank Limited	225.0 cr	25 Jul, 2022
INDUSIND BANK LIMITED	0.6 cr	31 May, 2014
INDUSIND BANK LIMITED	0.4 cr	31 Mar, 2014
INDUSIND BANK LIMITED	0.4 cr	31 Mar, 2014
INDUSIND BANK LIMITED	0.4 cr	31 Mar, 2014
WEST BENGAL INDUSTRIAL DEVELOPMENT CORPORATION LTD.	4.9 cr	09 Feb, 2004

Charges

Yes Bank Limited

ICICI Bank Limited

WEST BENGAL INDUSTRIAL DEVELOPMENT CORPORATION LTD.

INDUSIND BANK LIMITED

People

Designation	Name	DIN/PAN	Tenure
Whole-time Director	Subhendu Biswas	03114508	15 years
CS	Uday Chand Kungilwar	<HIDDEN>	9 years
Director	Dipanjan Mahata	03456228	13 years
Director	Sisir Kumar Bhunia	06818130	11 years
Director	Subhasis Bosu	06950129	10 years
Director	Kirti Sanghavi	06983908	10 years
CFO	Rajesh Kumar Singh	<HIDDEN>	8 years

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
ORISSA STEEL & POWER PRIVATE LIMITED	Active	852.2 Cr	5	West Bengal
JAMURIA STEELS PRIVATE LIMITED	Active	9.9 Cr	2	West Bengal
FIVESTAR COMMOSALES PRIVATE LIMITED	Strike Off	1.0 L	1	West Bengal
EASTERNRANGE COAL MINING PRIVATE LIMITED	Active	1.0 Cr	1	West Bengal
ORISSA MINERALS & STEEL PRIVATE LIMITED	Active	1.0 L	2	West Bengal
SUBHANI TALENT CONSULTANCY LLP	Active	2,000.0	1	Bengal
RASHMI METALIKS LIMITED	Active	914.8 Cr	2	West Bengal

Subsidiary Companies

Name	State / Country	Incorporation Year	Paidup Capital
APPALOFT MERCHANTS PRIVATE LIMITED	West Bengal	2015	₹ 1.0 L
FORWAY INFRAPROPERTIES PRIVATE LIMITED	West Bengal	2015	₹ 1.0 L

Registered Details

CIN

U14107WB1991PLC053043

PAN

AABCR4343R

Incorporation

1991, 33.6 years

Company Email

secretarial@rashmigroup.com

Paid up Capital

₹ 470.5 Cr

Authorised Capital

₹ 1,000.0 Cr

AGM

Sep 2024

Type

Public

Non-government Company

FAQ - RASHMI CEMENT LIMITED

What is the incorporation date of RASHMI CEMENT LIMITED?

The incorporation date of RASHMI CEMENT LIMITED is 12 September, 1991

What is the authorized share capital of RASHMI CEMENT LIMITED?

The authorized share capital of RASHMI CEMENT LIMITED is INR ₹ 1,000.0 Cr.

What is the paid-up capital of RASHMI CEMENT LIMITED?

The paid-up capital of RASHMI CEMENT LIMITED is INR ₹ 470.5 Cr.

What is the registered address of RASHMI CEMENT LIMITED?

The registered address of RASHMI CEMENT LIMITED is PO-JHARGRAM DIST-PASCHIM MEDINIPUR JHARGRAM West Bengal - 721507

What is the CIN number of RASHMI CEMENT LIMITED?

The CIN number of RASHMI CEMENT LIMITED is U14107WB1991PLC053043.

Smart Suggestions

Top Blog Post

Tofler, TWS Systems Private Limited and its officers respect the Intellectual Property Rights of all people. Tofler makes no claim of ownership or affiliation with any trademark (REGISTERED OR UNREGISTERED) that forms part of any Company/LLP name listed on this page. Trademarks, if any, listed on this page belong to... Read More

RASHMI CEMENT LIMITED

Leave site?

Buy Dashboard using Credits

Just a Quick Check!

Industry

Buy Report or Plans

Dashboards

Company dashboard

View subscriptions and buy credits

MCA Fillings

All financials

1 Year

PDF Reports

Financial report

Due diligence report

Locations

Locations on Map

Filter (4)

Select Tags

Choose Location

Tofler Score

Risk

About Tofler Score

Financial Highlights

Margins

Balance Sheet

Total assets

Profit & Loss

Revenue from operations

Ratios

Ratios

Charges on assets

Charges

People

Company Network