Rasandik Engg.
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Rasandik Engg. share price

Rasandik Engineering Industries India Ltd.

BSE: 522207 SECTOR: Auto Ancillary  11k   5   0

93.89
+0.48 (0.51%)
BSE: 24 Apr 04:01 PM

Price Summary

Today's High

₹ 95.95

Today's Low

₹ 91.12

52 Week High

₹ 155.85

52 Week Low

₹ 62.1

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationAttractive
The stock is considerably attractive based on intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 56.1 Cr.

Enterprise Value

₹ 132.03 Cr.

No. of Shares

0.6 Cr.

P/E

0

P/B

0.64

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  146.55

CASH

₹ 0.42 Cr.

DEBT

₹ 76.35 Cr.

Promoter Holding

53.1 %

EPS (TTM)

₹  -15.47

Sales Growth

-27.39%

ROE

-3.49 %

ROCE

3.43%

Profit Growth

-21.77 %

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

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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.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* 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 Year-27.39%
3 Year-10.26%
5 Year-8.88%

Profit Growth

1 Year-21.77%
3 Year0.22%
5 Year-220.96%

ROE%

1 Year-3.49%
3 Year-4%
5 Year-2.4%

ROCE %

1 Year3.43%
3 Year2.99%
5 Year2.94%

Debt/Equity

0.82

Price to Cash Flow

4.22

Interest Cover Ratio

0.561715607494867

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 53.1 0.26
Dec 2023 53.1 0.26
Sep 2023 53.1 0.26
Jun 2023 53.1 0.26
Mar 2023 53.1 0.26
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has an efficient Cash Conversion Cycle of 75.7091750265435 days.
  • The company has a high promoter holding of 53.1%.

 Limitations

  • The company has shown a poor profit growth of 0.222423335711852% for the Past 3 years.
  • The company has shown a poor revenue growth of -10.264344893996% for the Past 3 years.
  • Company has a poor ROE of -3.99565540410015% over the past 3 years.
  • Company has a poor ROCE of 2.99077810564696% over the past 3 years
  • Company has low Interest coverage ratio of 0.561715607494867.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 26.84 26.75 27.51 21.89 17.88
Total Expenditure 26.52 26.77 27.32 22.57 22.19
Operating Profit 0.32 -0.02 0.19 -0.67 -4.31
Other Income 0.12 1.5 2.37 9.06 0
Interest 2.53 2.81 3.07 2.63 2.23
Depreciation 1.64 1.78 1.61 1.61 1.74
Exceptional Items 0 -1.91 -0.26 0 0
Profit Before Tax -3.73 -5.02 -2.39 4.15 -8.28
Tax -0.94 -1.38 -0.4 1.42 -1.93
Profit After Tax -2.79 -3.64 -1.99 2.73 -6.35
Adjusted EPS (Rs) -4.67 -6.09 -3.32 4.57 -10.63

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 266.76 207.61 136.84 206.6 150.02
Total Expenditure 241.41 205.95 123.41 191.19 141.35
Operating Profit 25.35 1.66 13.43 15.41 8.67
Other Income 7.8 3.96 2.44 0.74 6.38
Interest 12.57 11.22 9.95 11.46 10.76
Depreciation 14.06 13.11 13.34 8.38 7.09
Exceptional Items 0 0 0 0 -1.91
Profit Before Tax 6.52 -18.7 -7.43 -3.68 -4.72
Tax 3.62 -15.38 -1.65 -0.97 -1.42
Net Profit 2.9 -3.32 -5.77 -2.71 -3.3
Adjusted EPS (Rs.) 4.86 -5.56 -9.66 -4.53 -5.52

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 5.98 5.98 5.98 5.98 5.98
Total Reserves 101.24 98.05 92.36 89.8 87.14
Borrowings 23.11 13.66 26.48 20.23 14.5
Other N/C liabilities 51.16 33.55 29.98 28.5 21.66
Current liabilities 121.22 102.32 98.04 102.44 95.8
Total Liabilities 302.7 253.55 252.84 246.95 225.07
Assets
Net Block 198.81 186.5 174.37 167.3 145.88
Capital WIP 5.78 4.62 3.75 3.34 0.1
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 5.01 3.54 4.74 3.22 2.4
Other N/C Assets 0 0 0 0.17 17.77
Current Assets 93.11 58.88 69.98 72.92 58.92
Total Assets 302.7 253.55 252.84 246.95 225.07
* 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 6.52 -18.7 -7.43 -3.68 -4.72
Adjustment 22.45 30.72 23.11 19.04 11.78
Changes in Assets & Liabilities -17.61 10.99 -13.32 -3.13 6.03
Tax Paid -1.4 1.45 0.2 -0.19 0.21
Operating Cash Flow 9.95 24.45 2.57 12.05 13.31
Investing Cash Flow -2.56 -0.65 -0.11 0.59 8.1
Financing Cash Flow -9.62 -23.76 -2.39 -12.93 -21.41
Net Cash Flow -2.23 0.04 0.06 -0.3 0

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 53.10 53.10 53.10 53.10 53.10
deepika kapoor 0.91 0.91 0.91 0.91 0.91
ganesha securities pvt. l... 10.32 10.32 10.32 10.32 10.32
kapoor & budhwar associat... 3.30 3.30 3.30 3.30 3.30
krishna kumari kapoor 4.15 4.15 4.15 4.15 4.15
manmohan 0.10 0.10 0.10 0.10 0.10
radhika securities pvt. l... 10.90 10.90 10.90 10.90 10.90
rajiv kapoor 23.42 23.42 23.42 23.42 23.42
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 46.90 46.90 46.90 46.90 46.90
alberta agro private limi... 1.67 1.67 1.67 1.67 1.67
atul kayan 3.31 3.31 3.31 2.22 2.22
harsha hitesh javeri 1.97 1.97 1.97 1.97 1.97
hitesh ramji javeri 1.97 1.97 1.97 1.97 1.97
kaizen comtrade llp 1.26 1.26 1.26 1.26 1.19
mahendra girdharilal 1.44 1.54 1.64 1.64 1.64
praveen arora - - - - 1.03
rahul kayan 1.62 1.62 1.62 1.12 1.12
sangeetha s 1.59 1.59 1.59 1.59 1.51
lakshmi narain goel 1.30 1.30 1.30 1.30 -
polus global fund 1.10 1.10 1.10 1.10 -

Annual Reports

Ratings & Research Reports

Company Presentations

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

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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 Rasandik Engg. is performing and if it is the right time to buy the stock of Rasandik Engg. with detailed analysis.

  • The mainstream of revenue for Auto Sector is their sales, Rasandik Engg. has reported poor sales growth of -27.3860877377085 % and in the latest quarter sales was Rs 17.883 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 3.30683631072387 times for Rasandik Engg. . It is managing its inventory poorly .
     
  • Rasandik Engg. reported Profit loss of -21.7696369880719 % over the year, where the latest year profit is Rs -3.2974 Cr compared to the previous year of Rs -2.7079 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
     
  • The operating profit of Rasandik Engg. in the latest quarter is Rs -4.308 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
     
  • Rasandik Engg. has a poor ROE of -3.49138668108088 %. 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. Rasandik Engg. has a low Debt to Equity ratio of 0.82.
     
  • Rasandik Engg. pays a dividend of 0 Rs per share. It tells us that a company dislikes to share profits with its shareholders. The dividend yield is low at 0 %.
     
  • The share of promoter in Rasandik Engg. is high at 53.1 %, where the pledging is 0.26 %.
     
  • What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Rasandik Engg. is -6.07069655569277 compared to the 5 year average PE of 4.97437691658606 .
     
  • Share Price: - The current share price of Rasandik Engg. is Rs 93.89. One can use valuation calculators of ticker to know if Rasandik Engg. share price is undervalued or overvalued.
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Brief about Rasandik Engg.
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