RSWM’s Q4FY16 revenues analyzed by Anand Rathi Brokerage

The Quarter 4 revenues of RSWM Limited which were stable at Rs. 7,791 million on year on year basis were recently updated by Amit Rathi led Anand Rathi Brokerage. A 3% growth was witnessed in the Yarn Division of the company which stood at Rs. 6,804 million and the Fabric Division observed a boost of 5% at 1,241million. Last year, the margin for the same quarter, was observed at 14.4%, where it reached 15.2% during the quarter that ended on March 31, 2016. The company is now focusing on the value added products, which cover 15% of total revenues and 30% of exports.
Company’s annual net profit grew by 24% to make the real value reach up to Rs 1,060 million, which was observed Rs 849 million a year ago for the last financial year that completed on March 31, 2015. Reciprocally, net revenues witnessed a drop of 2%, which was Rs 29,547 million, which was Rs 30033 million, a year ago.
The margins of the whole year, on operational basis, were perceived at 14%. That’s a growth of 2% from last financial year’s operational basis’ margins.
Anand Rathi Brokerage, under Amit Rathi’s supervision, reported that the RSWM Limited completed all its expansions of capacities that were taking place from last two years. Streamlining the capacities, is what RSWM Limited is up to nowadays. Various prominent premium suiting brands like Raymond, Siyaram Silk Mills, Welspun India and Mayur Suitings are owned by RSWM Ltd.

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