Raghav Productivity Enhancers Ltd. (RPEL) AI Stock Analysis

Raghav Productivity Enhancers Ltd.

(NSE:RPEL)

Select Model

Rating:70Outperform

Price Target:INR 1,997.00▲(19.76% Upside)

Action:upgraded

Date:09/18/26

The score is driven primarily by strong fundamentals and a very low-leverage balance sheet, tempered by weakening free-cash-flow conversion versus reported earnings. Technicals are mixed with short-term softness despite a longer-term uptrend. A very high P/E multiple meaningfully drags the score, partly offset by a high dividend yield.

Positive Factors

Strong profitabilityThe company’s strong gross, operating, and net margins indicate meaningful profitability and operating leverage in its business model. Healthy margins can support internal reinvestment, provide resilience against cost pressure, and create a durable earnings base if performance remains consistent.

Negative Factors

Weakening cash conversionCash generation is no longer keeping pace with reported earnings, which may constrain internally funded growth and shareholder distributions. The decline in free cash flow despite higher profit raises a durable earnings-quality concern and makes working-capital or reinvestment demands important to monitor.

Raghav Productivity Enhancers Ltd. (RPEL) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 75.86B
Dividend Yield: 0.06%
Average Volume (3M): 8,265
Price to Earnings (P/E): 107.6
Beta (1Y): 1.14
Revenue Growth: 38.23%
EPS Growth: 55.02%
Country: India
Employees: 188
Sector: General
Sector Strength: 55
Industry: Chemicals

Raghav Productivity Enhancers Ltd. Business Overview & Revenue Model

Company Description

Raghav Productivity Enhancers Limited, headquartered in Jaipur, India, specializes in the production, distribution, and sale of ramming mass and a range of other quartz-based materials. Their primary offerings include silica ramming mass and various...

How the Company Makes Money

null

Raghav Productivity Enhancers Ltd. Financial Statement Overview

Summary

Strong profitability and operating leverage indicated by 2025 margins (gross ~60%, EBIT ~24%, net ~19%) and sharply higher 2026 revenue/net income, supported by a very conservative balance sheet (2025 debt-to-equity ~0.04). The main offset is weakening cash conversion: 2026 operating cash flow was roughly flat while free cash flow fell (~25%) despite higher net income.

Income Statement

86Very Positive

Balance Sheet

90Very Positive

Cash Flow

70Positive

Financial statement breakdown
Breakdown	TTM	Mar 2025	Mar 2024
Income Statement
Total Revenue	1.12B	2.57B	2.00B
Gross Profit	659.81M	1.80B	1.21B
EBITDA	339.70M	773.58M	553.78M
Net Income	239.70M	548.03M	369.74M
Balance Sheet
Total Assets	2.57B	2.84B	2.31B
Cash, Cash Equivalents and Short-Term Investments	503.63M	487.76M	433.40M
Total Debt	62.46M	54.11M	70.76M
Total Liabilities	418.32M	393.93M	376.59M
Stockholders Equity	2.15B	2.45B	1.94B
Cash Flow
Free Cash Flow	310.90M	232.23M	254.17M
Operating Cash Flow	460.12M	370.00M	386.83M
Investing Cash Flow	-357.25M	-314.67M	-298.47M
Financing Cash Flow	-68.51M	-67.69M	-46.04M

Raghav Productivity Enhancers Ltd. Technical Analysis

Technical Analysis SentimentNeutral

Last Price1667.50

Price Trends

50DMA1728.59Negative

100DMA1496.40Positive

200DMA1126.20Positive

Market Momentum

MACD-2.48Positive

RSI45.54Neutral

STOCH57.50Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RPEL, the sentiment is Neutral. The current price of 1667.50 is below the 20-day moving average (MA) of 1757.23, below the 50-day MA of 1728.59, and above the 200-day MA of 1126.20, indicating a neutral trend. The MACD of -2.48 indicates Positive momentum. The RSI at 45.54 is Neutral, neither overbought nor oversold. The STOCH value of 57.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:RPEL.

Raghav Productivity Enhancers Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:RPEL against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:INDOAMIN	76Outperform	INR 8.68B	10.73	―	0.42%	13.23%	22.22%
IN:RPEL	70Outperform	INR 76.57B	107.62	―	0.06%	38.23%	55.02%
IN:VALIANTORG	64Neutral	INR 11.77B	21.82	―	―	1.41%	946.41%
IN:AMNPLST	62Neutral	INR 7.87B	20.29	―	0.35%	-12.40%	-3.04%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:STYRENIX	54Neutral	INR 30.75B	12.34	―	2.63%	9.70%	25.33%
IN:DMCC	53Neutral	INR 6.34B	15.85	―	0.98%	72.14%	34.49%

* General Sector Average

Performance Comparison

IN:RPEL and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:RPEL	Raghav Productivity Enhancers Ltd.	1667.50	793.69	90.83%
IN:AMNPLST	Amines & Plasticizers Ltd.	143.00	-70.91	-33.15%
IN:DMCC	DMCC Speciality Chemicals Limited	254.25	-45.46	-15.17%
IN:INDOAMIN	Indo Amines Limited	119.55	-12.92	-9.75%
IN:STYRENIX	Styrenix Performance Materials Ltd	1748.85	-602.75	-25.63%
IN:VALIANTORG	Valiant Organics Limited	419.85	114.85	37.66%

Raghav Productivity Enhancers Ltd. Corporate Events

Raghav Productivity Enhancers Schedules Investor Plant Visit at Newai Facility

Sep 27, 2026

Raghav Productivity Enhancers Ltd. has scheduled an investor and analyst visit for White Oak Capital Management at the company’s Newai plant on 30 September 2026. The company has clarified that no unpublished price-sensitive information will be...

Raghav Productivity Enhancers Secures Patents for Advanced Quartz Processing Technologies

Jul 25, 2026

Raghav Productivity Enhancers Ltd., via its wholly owned subsidiary Raghav Productivity Solutions Pvt. Ltd., has secured two Indian patents covering a method for producing a pre-classified fines stream using a fine cone crusher and a sequential multi...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 17, 2026

Raghav Productivity Enhancers Ltd. AI Stock Analysis