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Ruby Mills Ltd

NSE: RUBYMILLS BSE: 503169

199.62

(-2.91%)

Thu, 12 Mar 2026, 00:50 am

Ruby Mills Analysis

dividend

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Pros

  • Dividends per share have increased over the past 10 years.
  • Dividends paid are thoroughly covered by earnings (6.7x coverage).
  • Ruby Mills's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
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Cons

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Ruby Mills's dividend is below the markets top 25% of dividend payers in India (3.08%).

health

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Pros

  • Ruby Mills is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ruby Mills is profitable, therefore cash runway is not a concern.
  • Ruby Mills is profitable, therefore cash runway is not a concern.
  • The level of debt compared to net worth has been reduced over the past 5 years (107.5% vs 81.4% today).
  • Ruby Mills earns more interest than it pays, coverage of interest payments is not a concern.
  • Low level of unsold assets.
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Cons

  • Debt is not well covered by operating cash flow (1.7%, less than 20% of total debt).
  • Debt is not covered by short term assets, assets are 0.5x debt.
  • Ruby Mills's long term commitments exceed its cash and other short term assets.
  • Ruby Mills's level of debt (81.4%) compared to net worth is high (greater than 40%).

management

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Pros

  • The tenure for the Ruby Mills board of directors is about average.
  • The tenure for the Ruby Mills management team is about average.
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Cons

  • Purav's remuneration is higher than average for companies of similar size in India.
  • Purav's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

misc

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Pros

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    Cons

    • Ruby Mills is not covered by any analysts.
    • Ruby Mills has significant price volatility in the past 3 months.

    past

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    Pros

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      Cons

      • Ruby Mills's 1-year earnings growth is negative, it can't be compared to the 5-year average.
      • Ruby Mills's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
      • Ruby Mills used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
      • Ruby Mills's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
      • Ruby Mills has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
      • Ruby Mills's 1-year earnings growth is negative, it can't be compared to the IN Luxury industry average.

      value

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      Pros

      • NSEI:RUBYMILLS is up 28.4% outperforming the Luxury industry which returned 9.8% over the past month.
      • NSEI:RUBYMILLS is up 28.4% outperforming the market in India which returned 8% over the past month.
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      Cons

      • Ruby Mills's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
      • Ruby Mills's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
      • Ruby Mills is overvalued based on assets compared to the IN Luxury industry average.
      • Ruby Mills is overvalued based on earnings compared to the IN Luxury industry average.
      • Ruby Mills is overvalued based on earnings compared to the India market.
      • RUBYMILLS underperformed the Luxury industry which returned -22.1% over the past year.
      • RUBYMILLS underperformed the Market in India which returned -14.5% over the past year.

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