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La Opala RG Ltd share Price Today

Company details

327.60
333.95
290.40
479.75
6M Return -6.96%
1Y Return -27.14%
Mkt Cap.(Cr) 3,689.09
Volume 81,328
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 81,328

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Houseware company La Opala RG announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Revenue from operations was at Rs 83 crore in Q4FY24, as against Rs 109 crore in Q4FY23
  • EBITDAstood at Rs 26 crore in Q4FY24, as against Rs 40 crore in Q4FY23
  • EBITDA margin stood at 31% in Q4FY24, as against 37% in Q4FY23
  • PAT at Rs 24 crore in Q4FY24, as against Rs 29 crore in Q4FY23
  • Extensive range of value-added products lead to better realizations 

FY24 Financial Highlights:

  • Revenue from operations was at Rs 365 crore in FY24, as against Rs 452 crore in FY23
  • EBITDA stood at Rs 136 crore in FY24, as against Rs 172 crore in FY23
  • EBITDA margin stood at 37% in FY24, as against 38% in FY23
  • PAT at Rs 128 crore in FY24, as against Rs 123 crore in FY23
  • Strong balance sheet with cash position at Rs. 476 crore in FY24
  • The Board of Directors have recommended dividend of Rs 10/- per equity share (@ 500%) inclusive of special dividend of Rs 5/- per equity share of the face value of Rs 2 each for the financial year ended March 31, 2024(subject to the approval of the Shareholders at the ensuing Annual General Meeting). 

Commenting on the performance during the quarter, Ajit Jhunjhunwala, Vice Chairman and Managing Director, said, “Our performance for the quarter was subdued owing to lower consumer discretionary spending and some softness in general trade channels. Despite a challenging external environment, we have strived to maintain our margin position by focusing on stringent cost control measures and maintaining optimum utilisation levels. Our commitment to understanding customer needs drives our efforts in portfolio expansion through value-added products and new categories.

While our revenues were lower on a sequential basis due to festive sales in Q3FY24, our dedication to highquality products and strong brand recognition positions La Opala to capitalise on the anticipated upward demand movement. Our extensive experience, manufacturing capabilities, robust partner network, and strong brand recall make us the preferred choice among customers.”

Result PDF

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La Opala RG Ltd shares SWOT Analysis

Strengths (8)

  • Efficient in managing Assets to generate Profits - ROA improving since last 2 year
  • Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
  • Company with Low Debt

Weakness (3)

  • Decline in Quarterly Net Profit (YoY)
  • Degrowth in Quarterly Revenue and Profit in Recent Results(YoY)
  • Fall in Quarterly Revenue and Net Profit (YoY)

Opportunity (1)

  • Companies with current TTM PE Ratio less than 3 Year, 5 Year and 10 Year PE

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 335.0
R2 337.7
R3 341.4
Pivot

331.30

S1 328.7
S2 325.0
S3 322.3
EMA SMA
331.5
328.4
333.8
349.6
333.2
324.5
325.8
358.4
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
NIPPON INDIA MUTUAL FUND Bulk Purchase 2023-06-05 399.05 1882205 BSE
MALABAR INDIA FUND LIMITED Bulk Sell 2023-06-05 399.05 1885465 BSE
VALUE PARTNERS HIGH-DIVIDEND STOCKS FUND Block Purchase 2022-01-04 430.65 233428 BSE
Name Category Shares
AJIT JHUNJHUNWALA PROMOTER 7.56%
GYANESHWARI DEVI JHUNJHUNWALA PROMOTER 4.48%
SUSHIL JHUNJHUNWALA PROMOTER 3.65%
SHRUTI KISHORE PURIA PROMOTER 1.44%
NIDHI JHUNJHUNWALA PROMOTER 0.81%
ABHYUDAY JHUNJHUNWALA PROMOTER 0.63%
ISHITA JHUNJHUNWALA PROMOTER 0.63%
GENESIS EXPORTS PRIVATE LIMITED PROMOTER 46.44%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

La Opala RG Ltd Stocks COMPARISON

Financials( in Cr) La Opala RG Ltd Asahi India Glass Ltd Borosil Renewables Ltd Borosil Ltd Borosil Scientific Ltd
Price 332.35 646.75 508.00 371.10 192.86
% Change -0.39 -2.63 -1.71 2.58 -4.36
Mcap Cr 3,689.09 15,721.85 6,631.33 4,427.19 1,712.52
Revenue TTM Cr 452.32 4,018.76 894.03 1,027.12
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 774.95 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 21,424.68 50,451.86
LAST 3M 101,404.97 51,097.20
LAST 6M 186,293.66 40,305.54
LAST 12M 309,547.75 87,515.42

La Opala RG Ltd Information

Stock PE (TTM)
28.91
Promoter Holding
65.64%
Book Value
76.7144
ROCE
22.25%
ROE
16.23%
Description
  • La Opala RG Limitedis a Salt Lake City, Kolkata-based firm active in the glass and glass products manufacturing sector. Incorporated in 1987, the company is majorly involved in producing and selling lifestyle tableware products

    La Opala’s revenues (standalone) were Rs 134.9 crore, and net profits were Rs 39.07 crore in Q2 FY22–23. In comparison, in September 2021, its revenues were Rs 92.29 crore, and profits were Rs 27.35 crore.

    Its stocks are traded on the National Stock Exchange and Bombay Stock Exchange under the codes LAOPALA and 526947, respectively.

    The firm’s market capitalisation, as recorded on 29 November 2022, was Rs 4,234 crore.

    In the September 22 quarter, the promoters’ holding remained unchanged—the lion’s share of 65.64%. Of this, Genesis Exports Limited owned 46.44%. The other promoters were Ajit Jhunjhunwala (who held a stake of 7.56%), Gyaneshwari Devi Jhunjhunwala (4.48%), Sushil Jhunjhunwala (3.65%), Shruti Kishorepuria (1.44%), Nidhi Jhunjhunwala (0.81%), Abhyuday Jhunjhunwala (0.63%), and Ishita Jhunjhunwala (also 0.63%). 

    HDFC Small Cap Fund (which held 5.76%), DSP Small Cap Fund (5.16%), UTI Small Cap Fund (2.27%), and ICICI Prudential Bharat Consumption Fund (1.18%) were the domestic institutional investors (DIIs), who, in total, held 15.21%. Among the foreign institutional investors (FIIs)—who together accounted for 4.67%—Malabar India Fund Limited had a stake of 3.24%. 

    Among the public (non-institutional) investors, Ashish Kacholia held shares amounting to 1.59%, while HUF owned a stake of 0.32%. In total, the public (non-institutional) investors accounted for 14.46%. Others owned 0.02%. 

    La Opala is promoted by Sushil Jhunjhunwala and Ajit Jhunjhunwala. The chairman is Sushil Jhunjhunwala, Ajit Jhunjhunwala is the managing director, and Nidhi Jhunjhunwala is the executive director. Arun Churiwal, Santanu Ray, Rajiv Gujral, Subir Bose, and Suparna Chakrabortti are the other directors.

    Its share price closed at Rs 381.45 (a decline of 3.41%) on 29 November 2022. While the 52-week high was Rs 456.50, the 52-week low was Rs 239.85.

    The company competes primarily with Asahi India, Borosil Renewables Ltd., Borosil Ltd., Saint-Gobain Sekurit India Ltd., Empire Industries Ltd., Haldyn Glass, Sejal Glass, and Banaras Beads.

    Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code: 07730), BSE Ltd (Member Code: 103) and Member of Multi Commodity Exchange of India Ltd.(Member Code:  56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Ms. Mamta Shetty, Contact number: 022-40701022, E-mail address: complianceofficer@icicisecurities.com. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Such representations are not indicative of future results. The securities quoted are exemplary and are not recommendatory. Investors should consult their financial advisers if in doubt about whether the product is suitable for them. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Registered Address

Chitrakoot (10th Floor), 230 A Acharya J C Bose Road, Kolkata, West Bengal, 700020

Tel : 91-033-760488814/5/6/7
Email : info:laopala.in
Website : http://www.laopala.in
Registrar

MCS Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 526947
NSE Code : LAOPALA
Book Closure Date (Month) : Sep
BSE Group : A
ISIN : INE059D01020

FAQ’s on La Opala RG Ltd Shares

You can buy La Opala RG Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy La Opala RG Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jul 16, 2024 03:59 PM the closing price of La Opala RG Ltd was Rs.332.35.

The latest PE ratio of La Opala RG Ltd as of Jul 16, 2024 03:59 PM is 28.91

The latest PB ratio of La Opala RG Ltd as of Jul 16, 2024 03:59 PM is 0.23

The 52-week high of La Opala RG Ltd share price is Rs. 479.75 while the 52-week low is Rs. 290.40

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jul 16, 2024 03:59 PM, the market cap of La Opala RG Ltd stood at Rs. 3,689.09 Cr.

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