Raghav Productivity Enhancers Ltd
RPELRaghav Productivity Enhancers Ltd's price has outrun its earnings. +88.9% in a year against EPS +48.3% — the market is paying now for delivery later.
The sharpest disagreement: the price moved +88.9% in a year while annual EPS moved +48.3% — the difference is re-rating, and re-rating has to be repaid with earnings.
The price is in a confirmed uptrend (7 weeks in) while the P/E sits at the 84th percentile of its own 5-year range. Underneath, the last four quarters read improving — profit +66.7% year on year, and 82% of the last 3 years' profit arrived as cash. What settles it: whether earnings grow into a price that has already moved.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Raghav Productivity Enhancers Ltd trades at ₹1,311, in a confirmed uptrend and 7 weeks into that stage. That is +48.5% against its own 200-day average. It sits at 100% of a 52-week range of ₹572 to ₹1,311. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 18 straight weeks.
Today the stock is in a confirmed uptrend — week 7 of stage 2, confirmed. At ₹1,311 it trades +48.5% versus its 200-day average and sits at 100% of its 52-week range (₹572–₹1,311).
Against the market, two honest reads. Cumulative: over the last 10.3 years the stock moved +18,210% while the NIFTY 500 moved +251% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 18 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 84th percentile of its own range.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Raghav Productivity Enhancers Ltd trades at 95.5× P/E, at the pricey end of its own range (84th percentile). Its long-run median P/E is 65.8×, measured across 5.2 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 95.5× is at the pricey end of its own range (84th percentile), against a long-run median of 65.8× measured over 5.2 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
🚨 Why the multiple sits where it does: over the past year annual EPS moved +48.3% against a +88.9% price move — the price outran earnings, pushing the multiple UP its own range.
The price move, decomposed: over 5y, of the +59.9%/yr price move, ~+45.4%/yr came from earnings growth and ~+14.5 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.
→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.
Stage: Consistent Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Raghav Productivity Enhancers Ltd reads as consistent on its fundamental arc. Consistent — revenue, profit and EPS growth have stayed positive through the window, with ROCE at 34.5% and holding. The read is built from 12 quarters across 4 curves, on full evidence.
Why it matters: steady curves with healthy returns are the compounding setup — the risk is the price, not the business.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +28.5% | +23.3% | +31.6% | +18.8% |
| Profit | +48.6% | +30.1% | +43.6% | +49.3% |
| EPS | +48.3% | +29.6% | +41.6% | +38.5% |
| Share price | +88.9% | +73.0% | +59.9% | +63.3% |
→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.
4-Factor Sector Score
68.5/100 — rank 2 of 17 in Steel Products · 94% evidence confidence
Raghav Productivity Enhancers Ltd scores 68.5 out of 100 against the 17 companies it is compared with in Steel Products, ranking 2. Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
The four contributions add to the total exactly: 31.8 + 20.4 + 4.6 + 11.7 = 68.5. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Raghav Productivity Enhancers Ltd reported ₹87.0 Cr of revenue in the Jun 26 quarter, +50.0% year on year. That is the 10th straight quarter of year-on-year growth. Over 10 years it has compounded at 18.8% a year. The last full year, FY26, came in at ₹257 Cr. The last four reported quarters add to ₹286 Cr.
Raghav Productivity Enhancers Ltd reported ₹87.0 Cr of revenue in the Jun 26 quarter, +50.0% year on year. That is the 10th straight quarter of year-on-year growth. Over 10 years it has compounded at 18.8% a year. The last full year, FY26, came in at ₹257 Cr. The last four reported quarters add to ₹286 Cr.
FY26 revenue came in at ₹257 Cr (+28.5% on the year), capping 10 years at 18.8% compound. The latest quarter (Jun 26) printed ₹87.0 Cr, +50.0% year on year — the 10th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +34.0% growth against the decade's 18.8% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +34.3% over the last 4 quarters against +39.0%/yr over the last 8 — rolling over; TTM profit +53.7% vs +50.0%/yr — accelerating.
→ Revenue grew — did margins hold as it scaled? Next: 30.0% this quarter (+3.0 pp YoY).
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Raghav Productivity Enhancers Ltd's operating margin is 30.0% in the Jun 26 quarter, +3.0 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 7.0% to 30.0%. The current quarter sits inside that band.
Raghav Productivity Enhancers Ltd's operating margin is 30.0% in the Jun 26 quarter, +3.0 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 7.0% to 30.0%. The current quarter sits inside that band.
The latest quarter's operating margin is 30.0%, +3.0 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 7.0%–30.0%.
Why the margin moved: operating margin went +2.4 pp year on year while gross margin went +2.5 pp — the gain came mostly from the gross line: input costs and pricing.
→ Margins held — did that reach the bottom line? Next: profit +66.7% in the latest quarter.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Raghav Productivity Enhancers Ltd earned ₹20.0 Cr of net profit in the Jun 26 quarter, +66.7% year on year. It is the 10th consecutive quarter of growth. Full-year FY26 profit was ₹55.0 Cr. The 10-year compound rate is 49.3%. That is 23.0% of the quarter's revenue. The same quarter a year earlier earned ₹12.0 Cr.
Raghav Productivity Enhancers Ltd earned ₹20.0 Cr of net profit in the Jun 26 quarter, +66.7% year on year. It is the 10th consecutive quarter of growth. Full-year FY26 profit was ₹55.0 Cr. The 10-year compound rate is 49.3%. That is 23.0% of the quarter's revenue. The same quarter a year earlier earned ₹12.0 Cr.
Jun 26 profit was ₹20.0 Cr, +66.7% year on year — the 10th consecutive quarter of growth. On the full year, FY26 printed ₹55.0 Cr (+48.6%), and the 10-year compound rate is 49.3%.
Why profit moved: revenue contributed +50.0% and the margin +3.0 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.
Pace comparison, last four quarters: profit +53.1% vs revenue +34.0%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
→ Profit rose — but did the cash follow? Next: 82% of the last 3 years' profit arrived as cash.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 82% of Raghav Productivity Enhancers Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹37.0 Cr of operating cash against ₹55.0 Cr of profit. After ₹14.0 Cr of capital spending, ₹23.0 Cr was left as free cash.
FY26: operating cash of ₹37.0 Cr against reported profit of ₹55.0 Cr, leaving free cash of ₹23.0 Cr after ₹14.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 82% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
Why conversion sits at 82%: the cash cycle stretched 78 days between FY21 and FY26 — more of each rupee of profit waits inside the cycle before arriving.
Router verdict: the bigger cash user is investment — capital spending ran 1.9× depreciation over three years, so the next section's job is to check what that build-out is buying.
→ So follow the cash to where it goes. Next: ₹34.0 Cr of building over 3 years.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Raghav Productivity Enhancers Ltd's cash conversion cycle runs 255 days in FY26, up from 177 days in FY21. Capital spending ran ₹34.0 Cr over the last 3 years. At FY26 sales of ₹257 Cr each day of that cycle holds about ₹0.7 Cr, so roughly ₹180 Cr sits inside the business at any moment.
FY26: debtors at 83 days, inventory at 272 days — roughly 8.9 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 255 days, looser than FY21's 177.
The full loop: cash goes out to suppliers and production on day 0; stock waits 272 days to sell; customers pay about 83 days after that; and suppliers themselves are paid at 100 days — netting out to the 255-day cycle.
In money terms: at FY26 sales of ₹257 Cr, each day of the cycle holds about ₹0.7 Cr — so the 255-day loop keeps roughly ₹180 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹34.0 Cr over the last 3 fiscal years against ₹18.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹4.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.
→ Does all this activity actually earn its cost of capital? Next: ROCE is 30% and the ROIC − WACC spread is +18.6 pp.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
Raghav Productivity Enhancers Ltd earns a ROCE of 30% in FY26. That is up from a trough of 10% in FY14. Return on invested capital clears the cost of that capital by +18.6 percentage points, so growth here adds value rather than only size. The wiring behind it is 21.4% net margin on 0.90× asset turns.
FY26 ROCE is 30%, recovered from a FY14 trough of 10% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY26): 21.4% net margin × 0.90× asset turns × 1.16× balance-sheet leverage ≈ 22.3% on equity. Margin is doing the heavy lifting; leverage is modest — this is an earned return, not a borrowed one.
The capstone test — ROIC − WACC: 30.6% − 12.0% = a +18.6 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. A spread this wide means every rupee reinvested creates more than a rupee of value — the engine compounds.
→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.02.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.
Raghav Productivity Enhancers Ltd carries total debt of ₹5.0 Cr against shareholder equity of ₹245 Cr as of Jun 26, a debt-to-equity of 0.02 — effectively unlevered. On the annual view that ratio went from 0.06 in FY22 to 0.02 in FY26. The returns elsewhere on this page are therefore earned rather than borrowed.
Jun 26: total debt of ₹5.0 Cr against shareholder equity of ₹245 Cr — a debt-to-equity of 0.02. On the annual view, debt-to-equity went from 0.06 (FY22) to 0.02 (FY26). The returns on this page are earned, not borrowed.
→ Who owns this, and are they adding or leaving? Next: the register is quiet.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
No holder of Raghav Productivity Enhancers Ltd moved a full percentage point over the last two years — the register is quiet. Promoters moved +0.0 points over the same window, to 62.9%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Foreign institutions: +0.8 points over 8 quarters to 0.8%; Promoters: +0.0 points over 8 quarters to 62.9%; Domestic institutions: +0.0 points over 8 quarters to 0.0%.
→ One last check: does the safety math agree? Next: the balance-sheet safety line.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Raghav Productivity Enhancers Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | P/E | Mkt cap | Revenue | EPS | ROCE | Stage |
|---|---|---|---|---|---|---|
| Raghav Productivity Enhancers Ltd this page | 95.5× | ₹5,985 Cr | Consistent | |||
| Jindal Steel Ltd | 34.2× | ₹1.1L Cr | Turning around | |||
| Shyam Metalics & Energy Ltd | 25.5× | ₹28,679 Cr | Improving | |||
| Gallantt Ispat Ltd. | 26.0× | ₹12,576 Cr | Mixed | |||
| Sunflag Iron & Steel Company Ltd | 30.2× | ₹6,284 Cr | Mixed | |||
| Kalyani Steels Ltd | 14.8× | ₹3,898 Cr | No read | |||
| Vardhman Special Steels Ltd | 31.1× | ₹2,865 Cr | — | No read | ||
| Rhetan TMT Ltd | 219.0× | ₹2,259 Cr | Turning around | |||
| Prakash Industries Ltd | 6.7× | ₹2,216 Cr | Mixed | |||
| Steel Exchange India Ltd | 46.4× | ₹1,476 Cr | No read | |||
| Electrotherm (India) Ltd | — | ₹1,285 Cr | Deteriorating | |||
| BMW Industries Ltd | 15.3× | ₹1,241 Cr | Turning around | |||
| Salasar Techno Engineering Ltd | 60.6× | ₹1,044 Cr | Turning around | |||
| Kamdhenu Ltd | 33.5× | ₹1,019 Cr | No read | |||
| Beekay Steel Industries Ltd | 20.8× | ₹764 Cr | Mixed | |||
| Banganga Paper Industries Ltd | 347.0× | ₹657 Cr | — | No read | ||
| Panchmahal Steel Ltd | — | ₹652 Cr | No read | |||
| Panchmahal Steel Ltd | — | ₹610 Cr | No read | |||
| Panchmahal Steel Ltd | — | ₹517 Cr | No read |
Frequently asked questions
What is Raghav Productivity Enhancers Ltd's share price today?
Raghav Productivity Enhancers Ltd trades at ₹1,311, +88.9% over the past year. The company is valued at ₹5,985 Cr. The stock sits at 100% of its 52-week range of ₹572–₹1,311, +48.5% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 7 weeks in. — as of 24 July 2026.
What were Raghav Productivity Enhancers Ltd's latest quarterly results?
Raghav Productivity Enhancers Ltd reported revenue of ₹87.0 Cr and net profit of ₹20.0 Cr for the Jun 26 quarter. Revenue rose 50.0% and profit rose 66.7% year on year. Earnings per share were ₹4.26. The operating margin was 30.0%, 3.0 pp higher than a year earlier. — as of 24 July 2026.
What is Raghav Productivity Enhancers Ltd's revenue?
Raghav Productivity Enhancers Ltd reported revenue of ₹87.0 Cr in the Jun 26 quarter, +50.0% year on year. For the full FY26 fiscal year, revenue was ₹257 Cr (+28.5%). Over the last 10 years revenue compounded at 18.8% a year. — as of 24 July 2026.
What is Raghav Productivity Enhancers Ltd's profit?
Raghav Productivity Enhancers Ltd earned ₹20.0 Cr of net profit in the Jun 26 quarter, +66.7% year on year — the 10th straight quarter of growth. Full-year FY26 profit was ₹55.0 Cr. The operating margin ran 30.0% in the latest quarter. — as of 24 July 2026.
What is Raghav Productivity Enhancers Ltd's market cap?
Raghav Productivity Enhancers Ltd's market capitalisation is ₹5,985 Cr at a share price of ₹1,311. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.
What is Raghav Productivity Enhancers Ltd's P/E ratio?
Raghav Productivity Enhancers Ltd trades at a P/E of 95.5×, at the 84th percentile of its own 5-year range, against a long-run median of 65.8×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.
Does Raghav Productivity Enhancers Ltd pay a dividend?
Yes — Raghav Productivity Enhancers Ltd's dividend payout was 8% of profit in FY26, and it recorded a payout in 6 of its last 13 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 24 July 2026.
Is Raghav Productivity Enhancers Ltd overvalued?
On its own history, Raghav Productivity Enhancers Ltd looks expensive against its own history: its P/E of 95.5× sits at the 84th percentile of its 5-year range (long-run median 65.8×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 24 July 2026.
Is Raghav Productivity Enhancers Ltd growing?
Yes — Raghav Productivity Enhancers Ltd is growing: latest-quarter revenue +50.0% year on year, profit +66.7%, and the margin +3.0 pp at 30.0%. The 10-year compound rates are 18.8% (revenue) and 49.3% (profit). The earnings engine currently reads: improving — as of 24 July 2026.
How is Raghav Productivity Enhancers Ltd performing?
Raghav Productivity Enhancers Ltd is in a confirmed uptrend, 7 weeks in. Its latest quarter's revenue rose 50.0% and profit rose 66.7% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 18 weeks. This describes what the data did, not a rating. — as of 24 July 2026.
What stage is Raghav Productivity Enhancers Ltd in?
Consistent — revenue, profit and EPS growth have stayed positive through the window, with ROCE at 34.5% and holding. The read comes from the last 12 quarters of growth (revenue growth +34.3% latest, profit growth +53.7% latest, eps growth +55.1% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 24 July 2026.
Is Raghav Productivity Enhancers Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 7 of stage 2), trading +48.5% versus its 200-day average and at 100% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.
Is Raghav Productivity Enhancers Ltd beating the market?
On recent form, yes — Raghav Productivity Enhancers Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 18 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.3 years the stock moved +18,210% against the NIFTY 500's +251% — ahead of the index over the full window. — as of 24 July 2026.
Will Raghav Productivity Enhancers Ltd's share price go up?
This page publishes no price forecast for Raghav Productivity Enhancers Ltd. What it measures instead: the share price is ₹1,311, the price is in a confirmed uptrend 7 weeks in. Its P/E of 95.5× sits at the 84th percentile of its own 5-year range. — as of 24 July 2026.
Who owns Raghav Productivity Enhancers Ltd?
Promoters hold 62.9% of Raghav Productivity Enhancers Ltd, foreign institutions 0.8%, domestic institutions 0.0% and the public 36.3% (latest quarter). No holder moved a full point over the last two years — the register is quiet. — as of 24 July 2026.
Does Raghav Productivity Enhancers Ltd have too much debt?
No — Raghav Productivity Enhancers Ltd's debt-to-equity is 0.02, and operating profit covers the interest bill 75×. FY26 borrowings were ₹5.0 Cr against equity of ₹245 Cr. The returns on this page are earned, not borrowed — as of 24 July 2026.
What is Raghav Productivity Enhancers Ltd's capex?
Raghav Productivity Enhancers Ltd spent ₹34.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹14.0 Cr, with ₹4.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.
What is Raghav Productivity Enhancers Ltd's cash flow?
Raghav Productivity Enhancers Ltd generated ₹37.0 Cr of operating cash flow in FY26 and ₹23.0 Cr of free cash flow after ₹14.0 Cr of capital spending. Reported profit that year was ₹55.0 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 24 July 2026.
Is Raghav Productivity Enhancers Ltd's profit real cash?
Yes — over the last 3 fiscal years, 82% of Raghav Productivity Enhancers Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹37.0 Cr against reported profit of ₹55.0 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 24 July 2026.
Where is Raghav Productivity Enhancers Ltd in its business cycle?
Raghav Productivity Enhancers Ltd's FY26 operating margin was 29.0%, against a 13-year band of 7.0%–30.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 30.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.
What could break the Raghav Productivity Enhancers Ltd story?
The sharpest disagreement: the price moved +88.9% in a year while annual EPS moved +48.3% — the difference is re-rating, and re-rating has to be repaid with earnings. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.
Is Raghav Productivity Enhancers Ltd a stock worth studying right now?
This is not investment advice. The machine read: Raghav Productivity Enhancers Ltd's price has outrun its earnings. +88.9% in a year against EPS +48.3% — the market is paying now for delivery later. The sharpest open question: whether earnings grow into a price that has already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.