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    RDB Rasayans

    Haldia (West Bengal) manufacturer of polymer-based woven bags and FIBC (jumbo bags) for bulk material packaging, run out of a single vertically integrated plant.

    Capital Goods
    Industrials

    Overview

    Price

    Market Cap

    ₹285 Cr

    Sector

    Capital Goods

    Industrials

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1818181818181818
    Reserves7998120145169195215229
    Borrowings310501101
    Other Liabilities14141467577
    Total Liabilities114140157168194219239255
    AssetsFixed Assets1313141313121212
    CWIP01000000
    Investments22221659592022
    Other Assets7910412796176197207222
    Total Assets114140157168194219239255

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating-12-3-645-76-12-21
    Cash from Investing8836-39741220
    Cash from Financing-7-116-6-5100
    SummaryCapital Expenditure
    Free Cash Flow-21-4-745-77-12-21
    FCF Margin

    Valuation

    Assumptions

    Current — 533608
    Price
    ₹152
    EPS (TTM)
    ₹19.18
    PE (TTM)
    7.9
    Profit growth
    12.2%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (10.0×) and current (7.9×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹152
    vs
    Fair value · 15% return
    ₹119
    22%Overvalued

    At 12.2% growth and a 8× exit, ₹152 only delivers your return if you pay ₹119. The price is currently baking in 17% growth.

    EPS grows 12.2%/yr for 5 years, then fades to 6% over 2, exits at 8×.

    YearGrowthEPS (₹)
    FY2712.2%21.52
    FY2812.2%24.15
    FY2912.2%27.09
    FY3012.2%30.40
    FY3112.2%34.10
    FY329.1% ·fade37.21
    FY336.0% ·fade39.44

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse RDB Rasayans

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