Rama Petrochemicals Ltd

Key Stats

₹6.11
Day's Price Range
₹6.11
₹2.36
52-Week Price Range
₹6.76
1 Year Return106.41 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 114
-9.12
EPS
Rank 119
₹-0.67
BVPS
Rank 152
₹-50.24
Dividend Yield
Rank 30
ROE
Rank 249
Price To Book Ratio
Rank 91
-0.13
Debt To Asset
Rank 3
24.9

Company Information

Rama Petrochemicals RPCL the flagship of the Rama group was incorporated in 1985 for implementing the 60000tpa methanol project at Patalganga Maharashtra. The company was promoted by the Rama group founded by the Ramsinghani family. The methanol plant was started in technical collaboration with Lurgi Germany and production began in 1988. The collaborator holds a 28.84 stake in the company. The companys valued consumers include Bombay Dyeing Cibatul India Hindustan Organics and others.The company diversified into construction in 1993 and is coming out with a commercial complex in CBD Belapur. Rama Capital and Fiscal Services was floated by the company as registrars transfer agents to manage money market operations and other financial activities. In 199596 it became a subsidiary of RPCL. The companys gelatine project 1750 tpa at Lalru Patiala district Punjab in a technical tieup with TMCI UK to manufacture highgrade gelatine as also its denim project 10 mln mtr pa at Jakhwada Viramgaon district Gujarat are progressing well. Both the projects are to commence production in the second half of 1997. The company will enter the capital market to partfinance these projects.Rama Fertilisers Pvt Ltd engaged in the manufacturing of SSP GSSP is proposed to be merged with RPCL during 199697. It has its manufacturing facilities at Junagadh.The arrangement between the company and Rainbow Denim RDL for hiving off the denim division of the company has been sanctioned by the High Courts.As a result of the closure of the Methanol Plant and huge losses incurred during the period 200001 the networth of the company has been completely eroded and the company has become a sick industrial company under SICA 1985 and will be making a reference to the BIFR shortly. The company has also received final approval of the BIFR for the merger of Rama Fertilizers Pvt Ltd with the company.
OrganisationRama Petrochemicals Ltd
HeadquartersRaigad
IndustryTrading