Ticker >

Remsons Inds share price

Remsons Industries Ltd.

NSE: REMSONSIND BSE: 530919 SECTOR: Auto Ancillary  26k   88   5

904.70
+38.25 (4.41%)
BSE: 12 Jun 04:01 PM

Price Summary

Today's High

₹ 909.75

Today's Low

₹ 890

52 Week High

₹ 1104.95

52 Week Low

₹ 219.2

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

631.1 Cr.

Enterprise Value

687.08 Cr.

No. of Shares

0.7 Cr.

P/E

71.31

P/B

5.97

Face Value

₹ 10

Div. Yield

0.17 %

Book Value (TTM)

₹  151.47

CASH

3.5 Cr.

DEBT

59.48 Cr.

Promoter Holding

65.3 %

EPS (TTM)

₹  12.69

Sales Growth

18.22%

ROE

20.33 %

ROCE

16.23%

Profit Growth

118.57 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

Please login to Add & View your own added ratios.

Login

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year18.22%
3 Year18.36%
5 Year15.55%

Profit Growth

1 Year118.57%
3 Year13.27%
5 Year17.62%

ROE%

1 Year20.33%
3 Year18.26%
5 Year18.89%

ROCE %

1 Year16.23%
3 Year15.35%
5 Year16.01%

Debt/Equity

1.4262

Price to Cash Flow

48.98

Interest Cover Ratio

3.03496180562237

CFO/PAT (5 Yr. Avg.)

1.49384202829712

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 65.3 0
Dec 2023 75 0
Sep 2023 75 0
Jun 2023 75 0
Mar 2023 75 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 18.3634994015095% for the Past 3 years.
  • Company’s PEG ratio is 0.601410741644168.
  • The company has an efficient Cash Conversion Cycle of 29.9034800186846 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.49384202829712.
  • The company has a high promoter holding of 65.3%.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 63.14 59.92 62.26 70.33 64.47
Total Expenditure 58.07 55.13 56.04 62.97 59.64
Operating Profit 5.07 4.78 6.21 7.36 4.84
Other Income 0.68 0.4 0.22 1.09 0.79
Interest 1.37 1.56 1.46 1.33 1.21
Depreciation 1.66 1.79 2.02 1.88 2.11
Exceptional Items 0 0 0 -0.41 0.02
Profit Before Tax 2.73 1.84 2.95 4.84 2.33
Tax 0.77 0.58 0.75 1.17 0.59
Profit After Tax 1.96 1.25 2.2 3.67 1.73
Adjusted EPS (Rs) 3.43 2.19 3.85 6.42 2.49

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 149.38 159.18 195.48 223.28 263.96
Total Expenditure 140.6 147.76 185.51 209.26 243.7
Operating Profit 8.77 11.42 9.97 14.03 20.27
Other Income 0.8 1.7 1.95 1.16 1.7
Interest 2.18 2.52 3.11 5.25 5.2
Depreciation 2.49 3.19 3.28 5.48 6.19
Exceptional Items 0 0 3.3 0.74 0
Profit Before Tax 4.9 7.41 8.82 5.2 10.58
Tax 1.46 2.08 2.17 1.65 2.82
Net Profit 3.44 5.34 6.66 3.55 7.76
Adjusted EPS (Rs.) 6.02 9.34 11.65 6.21 13.57

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 5.71 5.71 5.71 5.71 5.71
Total Reserves 16.03 19.03 25.68 28.89 35.99
Borrowings 7.87 7.53 20.56 18.06 15.43
Other N/C liabilities 0.87 1.57 9.32 7.87 5.61
Current liabilities 49.73 50.78 77.4 84.29 92.5
Total Liabilities 80.21 84.63 138.67 144.82 155.24
Assets
Net Block 23 23.54 33.94 36.2 39.18
Capital WIP 0.14 0.08 0.35 0.54 0.85
Intangible WIP 0 0 0.14 0 0
Investments 0.05 0.03 5.09 19.1 19.1
Loans & Advances 0.89 1.09 19.68 4.69 2.32
Other N/C Assets 0.07 0.07 0.33 0.06 0.06
Current Assets 56.07 59.81 79.14 84.23 93.73
Total Assets 80.21 84.63 138.67 144.82 155.24
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 4.91 7.42 8.88 5.32 10.58
Adjustment 4.69 3.4 1.86 9.2 10.34
Changes in Assets & Liabilities -0.2 -4.55 0.02 -8.06 -5.52
Tax Paid -1.39 -1.07 -1.39 -1.98 -2.51
Operating Cash Flow 8 5.19 9.38 4.48 12.89
Investing Cash Flow -3.69 -2.45 -26.23 -6.97 -6.87
Financing Cash Flow -4.89 -1.76 15.73 3.02 -6.59
Net Cash Flow -0.57 0.98 -1.13 0.53 -0.58

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 75.00 75.00 75.00 75.00 65.30
chand kejriwal - - - 29.90 25.48
goodluck electronics priv... 1.07 1.07 1.07 1.07 2.78
krishna kejriwal - - - 27.65 23.62
krishna r kejriwal huf 4.67 - 4.67 4.67 3.82
rahul kejriwal - - - 5.37 4.40
rahul kejriwal huf 0.01 - 0.01 0.01 0.01
ranee khatkhate - - 0.02 0.02 0.02
remsons cable industries ... - - - - 0.82
shivani kejriwal - - - 5.31 4.35
remsons cables industries... 1.00 1.00 1.00 1.00 -
chand krishna kejriwal 29.90 29.90 29.90 - -
krishna radhakrishna kej... - - 27.65 - -
rahul krishna kejriwal - 5.37 5.37 - -
shivani rahul kejriwal 5.31 5.31 5.31 - -
krishna kejriwal huf - 4.67 - - -
krishna radhakrishna kejr... 27.65 27.65 - - -
rahul kejriwal huf - 0.01 - - -
ranee siddharth khatkhate... 0.02 0.02 - - -
rahu krishna kejriwal 5.37 - - - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 25.00 25.00 25.00 25.00 34.70
chetan dhirajlal bhayani - - - - 1.05
chintan chetan bhayani - - - - 1.05
llp 0.02 0.02 2.37 1.71 2.02
monika garware - - - - 1.51
krish automotive sales an... 7.62 7.62 2.63 2.45 -
sangeetha s 1.06 1.06 1.02 - -
dhwaja shares & securitie... 2.96 2.73 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

  • PresentationQ4FY23 31 May 2023
  • PresentationQ4FY21 29 Jul 2021
  • PresentationQ3FY24 12 Feb 2024
  • PresentationQ2FY22 23 Nov 2021
  • PresentationQ1FY22 25 Aug 2021

Company News

Remsons Inds - Quaterly Results28 May 2024, 6:43PM Remsons Industries bags order worth Rs 30 crore from Tata Motors18 Apr 2024, 10:51AM Remsons Industries informs about analyst meet20 Mar 2024, 2:29PM Remsons Industries informs about press release 14 Mar 2024, 1:28PM Remsons Industries informs about newspaper advertisement8 Mar 2024, 3:51PM Remsons Industries enters into 50:50 JV with Daiichi for automotive electronics19 Feb 2024, 2:26PM Remsons Inds - Quaterly Results9 Feb 2024, 6:42PM Remsons Inds - Quaterly Results9 Feb 2024, 6:42PM Remsons Industries informs about newspaper publication28 Nov 2023, 3:04PM Remsons Industries enters into joint venture agreement with Aircom Group AG23 Nov 2023, 9:59AM Remsons Industries recognised as Two Star Export House11 Oct 2023, 9:25AM Remsons Industries informs about newspaper publication24 Aug 2023, 5:09PM Remsons Inds - Quaterly Results8 Aug 2023, 5:36PM Remsons Inds - Quaterly Results8 Aug 2023, 5:36PM Remsons Inds - Quaterly Results8 Aug 2023, 5:36PM Remsons Industries informs about compliance certificates17 Apr 2023, 12:37PM Remsons Industries informs about change of name of step down subsidiary company 23 Mar 2023, 4:03PM Remsons Inds - Quaterly Results3 Feb 2023, 5:13PM Remsons Inds - Quaterly Results3 Feb 2023, 5:13PM Remsons Inds - Quaterly Results3 Feb 2023, 5:13PM Remsons Industries informs about board meeting intimation28 Jan 2023, 2:53PM Remsons Industries informs about credit rating 2 Jan 2023, 11:28AM Remsons Industries informs about disclosure of related party transactions 28 Nov 2022, 5:01PM Remsons Industries informs about loss of share certificates26 Jul 2022, 5:04PM Remsons Industries informs about investors meet18 Jul 2022, 12:49PM Remsons Industries informs about investor presentation1 Jun 2022, 4:56PM Remsons Industries informs about outcome of board meeting 20 Apr 2022, 2:39PM Remsons Industries informs about compliance certificate 13 Apr 2022, 5:09PM Remsons Industries informs about certificate14 Jan 2022, 11:17AM Remsons Industries informs about 49th AGM8 Sep 2021, 4:08PM Remsons Industries informs about investor presentation2 Jul 2021, 5:09PM Remsons Industries planning to temporarily shut down Gurugram plant 29 Apr 2021, 10:47AM Remsons Industries transfers entire holding in Remsons UK 11 Mar 2021, 9:42AM Remsons Industries informs about confirmation certificate13 Jan 2021, 1:17PM Remsons Industries incorporates wholly owned subsidiary11 Nov 2020, 12:28PM Remsons completes acquisition of Magal Cables23 Oct 2020, 9:30AM Remsons Industries signs definitive agreements to acquire assets of Magal Cables, stakes of Woolford Properties22 Oct 2020, 3:41PM Remsons Industries informs about AGM proceedings30 Sep 2020, 4:58PM Remsons Industries enters into agreement to acquire business of Magal Cables8 Sep 2020, 10:53AM Remsons Industries informs about company updates8 Sep 2020, 10:29AM Remsons Industries incorporates step down wholly owned subsidiary28 Aug 2020, 10:50AM Remsons Industries incorporates WOS company27 Aug 2020, 10:59AM Remsons Industries informs about resignation of CFO30 Jun 2020, 12:22PM

Remsons Inds Stock Price Analysis and Quick Research Report. Is Remsons Inds an attractive stock to invest in?

.

 

The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government is providing the auto companies with a boost needed in their development. But will it sustain?
We can look into more details and dig a little deeper into the analysis of the stock of this sector. Let’s look at how Remsons Inds is performing and if it is the right time to buy the stock of Remsons Inds with detailed analysis.

  • The mainstream of revenue for Auto Sector is their sales, Remsons Inds has reported decent sales growth of 18.2188767871402 % and in the latest quarter sales was Rs 64.471 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 7.25048652494153 times for Remsons Inds . It is managing its inventory poorly .
     
  • Remsons Inds reported Profit growth of 118.572274046727 % over the year, where the latest year profit is Rs 7.7556 Cr compared to the previous year of Rs 3.5483 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
     
  • The operating profit of Remsons Inds in the latest quarter is Rs 4.836 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
     
  • Remsons Inds has a healthy ROE of 20.3265360679648 %. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. Remsons Inds has a low Debt to Equity ratio of 1.4262.
     
  • Remsons Inds pays a dividend of 1.5 Rs per share. It tells us that a company likes to share profits with its shareholders. The dividend yield is low at 0.1649 %.
     
  • The share of promoter in Remsons Inds is high at 65.3 %, where the pledging is 0 %.
     
  • What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Remsons Inds is 70.9989910773402 compared to the 5 year average PE of 15.1405066837874 .
     
  • Share Price: - The current share price of Remsons Inds is Rs 900.75. One can use valuation calculators of ticker to know if Remsons Inds share price is undervalued or overvalued.
Last Updated on:
Brief about Remsons Inds
X