Raymond Stock Risk and Return
Raymond Stock Risk and Return
Regression Statistics
Multiple R 0.122216928136
R Square 0.014936977523
Adjusted R Square 0.014538650381
Standard Error 0.054115651548
Observations 2475
ANOVA
df SS MS F Significance F
Regression 1 0.109816756007 0.109816756007 37.49927118539 1.06052762E-09
Residual 2473 7.242189755163 0.002928503742
Total 2474 7.35200651117
-0.1
TED RETURNS RAYMOND(R') = 0.0024973753
CTED RETURNS NIFTY500(N') = 0.0004215684
-0.15
ARIANCE(RYMD,NIFTY500) = 7.3936941E-05
NIFTY 500 DA
VARIANCE(RYMD) = 0.0029717084
VARIANCE(NIFTY500) = 0.0001231556
BETA = 0.6003540425
TOTAL RISK = 0.0545133779
SYSTEMATIC RISK = 4.4388341E-05
UNSYSTEMATIC RISK = 0.0544689896
WEEN SECURITY AND MARKET VALUE
0.1
0.05
x) = 0.0248802814110774 x + 0.000359433045968278
= 0.014936977523072
0
-0.2 0 0.2 0.4 0.6 0.8 1 1.2
-0.05
-0.1
-0.15
NIFTY 500 DAILY RETURN
ANNUAL YEAR PRICE( YEAR END) PRICE( YEAR START) DIVIDEND
2023-2024 1,092.05 720.98 10
2022-2023 738.01 847.25 3
2021-2022 854.65 368.7 3
2020-2021 361.55 223.9 0
2019-2020 222.8 826.1 0
2018-2019 811.5 926.05 3
2017-2018 897.75 640.6 3
2016-2017 633.65 402.3 1.25
2015-2016 405.65 452.95 3
2014-2015 443.05 297.5 3
RETURN ON RAYMOND STOCK
52.85%
-12.54%
132.61%
61.48%
-73.03%
-12.05%
40.61%
57.82%
-9.78%
49.93%
28.79%
Year 2024 2023 2022
REVENUE FROM OPERATIONS [GROSS] 8,934.12 8,112.36 6,107.05
Less: Excise/Sevice Tax/Other Levies 0 0 0
REVENUE FROM OPERATIONS [NET] 8,934.12 8,112.36 6,107.05
TOTAL OPERATING REVENUES 9,019.51 8,214.72 6,178.51
Other Income 266.12 122.26 169.45
TOTAL REVENUE 9,285.63 8,336.98 6,347.96
EXPENSES
Cost Of Materials Consumed 1,549.94 1,685.70 1,186.39
Purchase Of Stock-In Trade 1,771.21 1,830.19 1,297.61
Operating And Direct Expenses 2,636.85 1,812.88 1,472.50
Changes In Inventories Of FGWIP And Stock In Trade -746.09 -517.56 -243.47
Employee Benefit Expenses 1,160.61 1,024.20 879.59
Finance Costs 375.82 257.26 227.66
Depreciation And Amortisation Expenses 283.68 235.35 239.79
Other Expenses 1,337.92 1,179.91 874.76
TOTAL EXPENSES 8,369.93 7,507.92 5,934.83
PROFIT/LOSS BEFORE EXCEPTIONAL, EXTRAORDINARY ITEMS AND TAX 872.5 829.06 413.13
Exceptional Items -43.2 -107.15 -163.57
PROFIT/LOSS BEFORE TAX 872.5 721.91 249.56
TAX EXPENSES-CONTINUED OPERATIONS
Current Tax 201.74 35.82 58.09
Less: MAT Credit Entitlement 0 0 0
Deferred Tax 20.93 191.97 -62.64
Other Direct Taxes 0 0 0
TOTAL TAX EXPENSES 222.67 200.36 -21.9
PROFIT/LOSS AFTER TAX AND BEFORE EXTRAORDINARY ITEMS 649.83 521.55 271.46
PROFIT/LOSS FROM CONTINUING OPERATIONS 649.83 521.55 271.46
PROFIT/LOSS FOR THE PERIOD 649.83 521.55 271.46
Minority Interest -5.32 -8.02 -4.77
CONSOLIDATED PROFIT/LOSS AFTER MI AND ASSOCIATES 1,637.75 528.94 260.35
OTHER ADDITIONAL INFORMATION
EARNINGS PER SHARE
Basic EPS (Rs.) 246 79 39
Diluted EPS (Rs.) 246 79 39
2021 2020 2019 2018 2017 2016 2015
3,405.40 6,396.30 6,484.28 5,821.61 5,317.83 5,104.18 5,287.85
0 0 0 6.9 38.03 36.24 41.93
3,405.40 6,396.30 6,484.28 5,814.71 5,279.79 5,067.95 5,245.93
3,446.47 6,482.37 6,582.28 5,899.51 5,353.29 5,140.59 5,332.62
201.36 95.93 125.37 118.5 117.94 119.02 95.18
3,647.83 6,578.30 6,707.65 6,018.00 5,471.22 5,259.61 5,427.79
-45 31 27 22 4 14 18
-45 31 27 22 4 14 18
BALANCE SHEET OF RAYMOND (in Rs. Cr.) 2024 2023 2022 2021 2020
EQUITIES AND LIABILITIES
SHAREHOLDER'S FUNDS
Equity Share Capital 66.55 66.57 66.57 66.57 64.72
Reserves and Surplus 4,550.79 2,832.40 2,292.52 2,030.79 2,309.35
TOTAL SHAREHOLDERS FUNDS 4,550.79 2,898.97 2,359.09 2,097.36 2,374.07
Minority Interest 437.92 85.01 77.22 81.92 88.48
NON-CURRENT LIABILITIES
Long Term Borrowings 2,367.61 990.73 1,161.19 1,175.53 386.94
Deferred Tax Liabilities [Net] 198.64 8.02 7.67 10.42 24.8
Other Long Term Liabilities 1,109.64 451.54 355.09 405.92 596.21
Long Term Provisions 0 0 0 0 0
TOTAL NON-CURRENT LIABILITIES 3,675.89 1,450.29 1,523.95 1,591.87 1,007.95
CURRENT LIABILITIES
Short Term Borrowings 1,057.91 1,136.74 905.13 718.64 1,785.56
Trade Payables 2,063.98 1,691.87 1,716.95 1,163.85 1,405.55
Other Current Liabilities 1,189.78 843.79 701.68 1,014.95 1,012.49
Short Term Provisions 130.14 87.46 92.54 71.66 71.19
TOTAL CURRENT LIABILITIES 4,441.80 3,759.87 3,416.29 2,969.10 4,274.79
TOTAL CAPITAL AND LIABILITIES 13,172.95 8,194.14 7,376.56 6,740.25 7,747.14
ASSETS
NON-CURRENT ASSETS
FIXED ASSETS 3,308.92 1,968.72 1,901.51 2,064.06 2,469.67
Non-Current Investments 1,753.52 753.82 466.23 392.66 384.7
Deferred Tax Assets [Net] 171.59 195.61 392.97 330.98 180.23
Long Term Loans And Advances 1.02 7.54 9.53 15 7.55
Other Non-Current Assets 283.7 272.52 185.87 200.2 286.69
TOTAL NON-CURRENT ASSETS 5,783.73 3,199.22 2,957.12 3,003.91 3,340.34
CURRENT ASSETS
Current Investments 1,072.46 885.32 633.53 107.74 212.86
Inventories 3,514.17 2,496.56 2,011.29 1,633.84 2,201.14
Trade Receivables 1,407.15 744.32 873.13 958.04 1,159.48
Cash And Cash Equivalents 525.57 325.75 336.27 552.13 327.64
Short Term Loans And Advances 25.45 17.64 25.68 10 10.66
OtherCurrentAssets 844.42 525.33 539.53 474.59 495.02
TOTAL CURRENT ASSETS 7,389.22 4,994.92 4,419.43 3,736.34 4,406.80
TOTAL ASSETS 13,172.95 8,194.14 7,376.56 6,740.25 7,747.14
2019 2018 2017 2016 2015 2014
Cost of Equity
Year Beta (levered) Risk Free Rate Return on Market
2024 1.644 6.97% 23.11%
2023 1.82 7.22% 17.46%
2022 1.45 7.17% 5.73%
2021 1.03 6.16% 34.32%
2020 -0.03 6.08% 13.63%
2019 0.08 6.97% 6.54%
2018 0.25 7.72% -0.46%
2017 -0.21 6.72% 30.23%
2016 -0.10 7.23% 7.73%
2015 0.04 7.76% -2.54%
Calculation of WACC
Weight of Debt Weight of Equity Cost of Debt Cost of Equity WACC
0.429461743588 0.570538256412 8.17% 33.51% 22.63%
0.423255823207 0.576744176793 8.74% 25.87% 18.62%
0.466921708949 0.533078291051 11.02% 5.07% 7.85%
0.474547354022 0.525452645978 9.42% 35.04% 22.88%
0.477832739846 0.522167260154 13.93% 5.88% 9.73%
0.523081992823 0.476918007177 7.39% 6.93% 7.17%
0.500288184438 0.499711815562 6.97% 5.67% 6.32%
0.513697176856 0.486302823144 7.24% 1.85% 4.62%
0.510513622048 0.489486377952 6.74% 7.18% 6.96%
0.504729833942 0.495270166058 9.25% 7.33% 8.30%
D/E VS BETA(levered)