A leading agricultural chemicals manufacturer is set to implement a strategic stock split, igniting investor interest with a 4% surge in share value. The upcoming split, scheduled for February 7, 2025, signals the company’s commitment to enhancing stock liquidity and broadening its investor base in the dynamic fertiliser sector.
Share Price Movement
The share price of Rama Phosphates Limited went up 4.36 percent to Rs. 216 per share on Tuesday, an increase from its previous close of Rs. 206.9 per share. The market capitalisation now stands at approximately Rs. 375 crore as of January 14, 2025.
What driving price?
The company has announced Friday, 7th February 2025, as the record date for a stock split. Post-split, each equity share will be divided into two shares with the market price adjusted proportionately.
Financial Highlights
According to its recent filing, in the quarter ending September 2024, Rama Phosphates’s consolidated revenue from operations has increased by 22.17 percent YOY from Rs. 171.45 crore in Q2 FY24 to Rs. 209.46 crore in Q2 FY25 and increased by 36.28 percent QoQ from Rs. 153.69 crore in Q1 FY25.
The company’s consolidated net profit has increased by 210 percent YoY, from Rs. 0.67 crore in Q2 FY24 to Rs. 6.79 crore in Q2 FY25. As compared to the last quarter of 2025, the company’s net profit has decreased by 54.64 percent QoQ from Rs. 3.08 crore.
Also read…..
Market Outlook
The agriculture industry is experiencing strong demand driven by urbanisation, rising incomes, and changing family structures. The market for organic products is growing rapidly, with a projected CAGR of 25.25%. Increased rice procurement forecasts a higher supply.
Foreign players are boosting sectors like dairy, while trends such as on-the-go eating and demand for healthier, organic and ready-to-eat meals present exciting opportunities for both domestic and international companies in this fast-expanding market.
Shareholding Pattern
As of the September 2024 shareholding pattern, Rama Phosphates Limited is primarily held by the promoters at 75 percent, demestic institutional investors hold 0.03 percent, and the public with 24.97 percent.
About Company
Rama Phosphates Limited (RPL), established on September 3, 1984, in Mumbai, Maharashtra, is a leading manufacturer of phosphatic fertilisers, especially Single Super Phosphate (SSP). Listed on BSE and NSE, it produces fertilisers, chemicals, and edible oils. With facilities in Pune, Indore, and Udaipur, the company markets under the brands Girnar and Suryaphool.
Despite facing economic challenges, RPL reported revenues exceeding INR 500 crore as of March 31, 2023. Led by MD Haresh Ramsinghani, the company aims to innovate and expand its presence in India’s fertiliser industry.
Written By Fazal Ul Vahab C H
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
Start Your Stock Market Journey Today!
Want to learn Stock Market trading and Investing? Make sure to check out exclusive Stock Market courses by FinGrad, the learning initiative by Trade Brains. You can enroll in FREE courses and webinars available on FinGrad today and get ahead in your trading career. Join now!!
