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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Reliance Chemotex Industries Ltd is an India-based company, which is engaged in the manufacturing and sale of synthetic and blended yarn. The Company’s geographical segments include Domestic Market (Within India) and Overseas Market (Outside India). Its products include…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, stagnant business, reasonably priced — but flagged on governance.
Reliance Chemotex is scored on the general / industrial framework. It keeps a thin 1.4% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 4.12× reported profit. It throws off free cash worth 20.8% of its market value — a strong free-cash yield.
Over the last 3 years revenue compounded at -1%/yr and profit at -25%/yr. Book value has been broadly flat (2.6%/yr). Return on equity is a weak 5.7%. In the latest quarter profit fell 22% versus the prior quarter.
At 18× earnings, the stock sits at the 39th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~7%/yr earnings growth for a decade. The forensic screen raises a red flag: 79% of pre-tax profit is other income, not operations.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 17.07 | — | — |
| P/B | 0.67 | 2.89 | better |
| EV/EBITDA | 7.05 | — | — |
| ROE | 5.71 | 9.38 | worse |
| ROCE | 7.82 | 11.35 | worse |
| ROA | 1.65 | — | — |
| Quick Ratio | 0.49 | 1.29 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Grasim Industries | 19.5 | 2.1 | 4.8% |
| Welspun India | 51.6 | 4.5 | 8.6% |
| Vardhman Textiles | 14.3 | 1.3 | 7.1% |
Negative CAGR — the top line has shrunk over this window.
Revenue is outpacing profit (-0% vs -25%) — costs are rising faster than the top line.
Operating margin has compressed from 5% to 1% — costs or competition are eating into profitability. Margins have declined for 2 consecutive years — watch for a structural cost problem.
ROE at 4% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 6pp.
-25% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
1 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Cash conversion at 4.1× PAT — earnings are well-backed by cash; strong accrual quality. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 10% sequentially — momentum is building.
Profit fell 22% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 67.7% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.