RSWM

FAIRLY_VALUED

RSWM Limited

Others · NSE

50.6% vs fair value

52W Low

120

+42.3% from low

52W High

191

-10.8% from high

News sentiment
9 bull31 neu5 bear

Valuation Gauge

FAIRLY_VALUED+50.6% Margin of Safety
OVERVALUEDFAIRLY VALUEDUNDERVALUED

Current Price

₹171

Fair Value

₹346

Fair Value Analysis

₹346

Based on free cash flow projections and balance sheet strength analysis and earnings growth potential for Others sector companies | Sector-cheap: P/E at 47th percentile vs sector peers. | CAUTION: ROCE declining (latest 6.9%) — returns on capital are falling; verify this isn't a value trap. | Growth capped at 3.3% (ROE 2.9%×1.15) — historical CAGR exceeds sustainable rate or COVID period unverifiable. | COVID-resilient: PAT dropped from ₹21Cr (FY2018) to ₹-13Cr (FY2020) during COVID but has fully recovered.

Medium confidence

Cash Flow Analysis

33% weight

₹728

Balance Sheet Value

33% weight

₹227

Growth Valuation

33% weight

₹81

Price vs Market

RSWM
Nifty 50

Shareholding Pattern

Stock Health Score

B

Solid Fundamentals

6.4 / 10

Profitability

6/10

ROE of 2.9% is below the Others sector benchmark of 15%

Debt & Leverage

6/10

D/E ratio of 1.2x is manageable for Others sector (norm: 0.8x)

Valuation vs Peers

10/10

P/E of 19.2x trades at a 52% discount to Others sector median (40x) — attractively valued

Cash Flow

6/10

FCF margin of 6.3% — healthy cash generation (₹298 Cr)

Earnings Growth

6/10

5yr EPS CAGR of 7.7% is below the Others sector average of 12.0%

Dividend

4/10

No dividend — typical for growth-stage companies

Company Health Timeline

10-year financial health at a glance

FY17
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
FY26
Revenue Growth
OPM %
Net Profit
Free Cash Flow
ROE %
ROCE %
Debt / Equity
Interest Cov.
Health Score
50
25
13
13
25
63
38
13
25
25
Strong
Moderate
Weak
Poor
No data

Sentiment Trend — Last 30 Days

Historical Returns

Key Ratios & Growth

FCF Yield

29.5%

Free cash flow / market cap

Revenue Growth (YoY)

-3.0%

Year-on-year revenue change

Profit Growth (YoY)

-828.4%

Year-on-year PAT change

Operating Cash Flow

₹435 Cr

TTM cash from operations

Key Financials

EPS (TTM)

₹8.1

P/E Ratio

19.2x

P/B Ratio

0.5x

ROE

2.9%

ROCE

4.9%

Debt / Equity

1.16x

Beta

0.53

Div Yield

FCF (Cr)

₹298 Cr

Revenue (Cr)

₹4,716 Cr

EPS Growth 5Y

Mkt Cap (Cr)

₹734 Cr

52W High

₹191.5

52W Low

₹120

Book Value/Share

₹287.4

Financial History

PeriodRevenueOp ProfitOPM%PATEPS
2026-03-31₹4.6K Cr₹283 Cr6.0%₹52 Cr₹11.04
2025-03-31₹4.8K Cr₹209 Cr4.0%₹-40 Cr₹-8.50
2024-03-31₹4.1K Cr₹95 Cr2.0%₹-21 Cr₹-4.47
2023-03-31₹3.8K Cr₹248 Cr7.0%₹123 Cr₹26.08
2022-03-31₹3.8K Cr₹432 Cr11.0%₹246 Cr₹52.28
2021-03-31₹2.3K Cr₹175 Cr8.0%₹21 Cr₹4.42
2020-03-31₹2.8K Cr₹184 Cr7.0%₹-13 Cr₹-2.85
2019-03-31₹3.0K Cr₹164 Cr6.0%₹-38 Cr₹-8.13
2018-03-31₹2.9K Cr₹227 Cr8.0%₹21 Cr₹4.45
2017-03-31₹3.0K Cr₹326 Cr11.0%₹104 Cr₹22.10
2016-03-31₹2.9K Cr₹398 Cr14.0%₹112 Cr₹24.24
2015-03-31₹3.0K Cr₹346 Cr12.0%₹86 Cr₹18.65

Compounded Growth Rates

Sales Growth

3Y+6.3%
5Y+14.4%
10Y+4.5%

Profit Growth

3Y-24.9%
5Y+19.9%
10Y-7.4%

EPS Growth

3Y-24.9%
5Y+20.1%
10Y-7.6%

Peer Comparison

Others
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₹41.7₹196.1+78.7%312.6%UNDERVALUED

Star Paper Mills Limited

₹141.5₹657.4+78.5%5.644.2%UNDERVALUED

HB Stockholdings Limited

₹60.5₹281.1+78.5%3.813.1%UNDERVALUED

Balkrishna Paper Mills Limited

₹18.7₹80.6+76.8%3.126.1%UNDERVALUED

Heads UP Ventures Limited

₹7.1₹28.8+75.3%3.9UNDERVALUED

Credo Brands Marketing Limited

₹88.5₹305.8+71.1%10.916.4%UNDERVALUED

Institutional Activity

Bulk deals, block deals, short selling & delivery volume — NSE data

Insider Trading

Community Pulse

Exchange Filings

BSE announcements · last 90 days

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