Key Highlights:
R K Swamy will come out with its initial public offering (IPO) on 4th March 2024. One of the key aspects of investing in a company’s IPO is looking at key financial metrics. Evaluating them can help you understand the company’s financial health. Here are vital figures about R K Swamy that deserve your attention.
The company's revenue grew from Rs 1735.46 million in 2021 to Rs 2,926.13 million in 2023. The upward trend shows the firm's resilience and consistent performance in its business operations. It reflects the effectiveness of the company's strategic initiatives, its ability to navigate key market dynamics and maintain a reliable revenue stream over a specific period.
The company's return on net worth (RoNW) has witnessed a positive trajectory from 3.13% in 2021 to 22.20% in 2023. This showcases its efficiency in utilising the company's equity capital to generate profits. It also reflects the firm’s adeptness in maximising returns for its shareholders. At the same time, it underscores the firm's operational effectiveness, paving the way for sustainable growth and bolstering investors' confidence.
The company's diluted EPS has witnessed a surge and considerable improvement, from 0.69 in 2021 to Rs 7.03 in 2023. This indicates significant earnings in each of the company's shares. It reflects the company's enhanced profitability and improved shareholder value. It also signifies the firm's operational efficiency and suggests promising prospects for its future growth trajectory.
The company's profit after tax has significantly increased from Rs 30.77 million in FY 21 to Rs 312.58 million by 2023. This showcases its operational scalability and adeptness in boosting profitability. It also signifies the company's strategic alignment of resources, effective management strategies and streamlined processes.
Though the company's total assets decreased in FY 2023, there has been a substantial reduction in total liabilities. The firm has significantly improved its debt-equity ratio from 22.63 in 2021 to 0.76 in 2023. It underscores the firm's robust financial restructuring and prudent risk management strategies. This also showcases the firm's enhancement in its financial stability and resilience.
R K Swamy's financial performance has witnessed remarkable growth over the years. These position the company well for future success and deliver value to its stakeholders over the long term.
The share allotment date is 7th March 2024.
The price band of the IPO is R 270 to Rs 288 per share.
The IPO's issue size is Rs 423.56 crore.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own research and consult with financial professionals before making any investment decisions.