RACL Geartech Ltd

RACL Geartech Ltd

₹ 1,207 2.05%
02 Jul - close price
About

RACL Geartech Limited, formerly Raunaq Automotive Components Limited, is an India-based company, which is engaged in automotive gears and components business.

Key Points

Marquee Clients
Co. is supplying to top global OEMs like BMW Motorrad (Germany), Kubota Corporation (Japan, Thailand, and USA), IT Switzerland, KTM AG (Austria), Schneider Electric (Germany), Dana (Italy and China, etc.[1]
Company supplies high precision gears to premium auto customers, and maintain a strong and resilient supply chain network. They have achieved defect free quality production with 100% On-Time deliveries.[2]

  • Market Cap 1,301 Cr.
  • Current Price 1,207
  • High / Low 1,525 / 1,011
  • Stock P/E 33.0
  • Book Value 190
  • Dividend Yield 0.12 %
  • ROCE 17.8 %
  • ROE 21.2 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 30.8% CAGR over last 5 years

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Auto Ancillaries Industry: Auto Ancillaries

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
67.26 57.17 69.01 74.82 70.22 78.23 87.68 96.88 95.43 88.44 101.56 113.34 106.18
49.99 44.25 53.63 58.72 57.48 63.17 67.36 73.44 72.59 66.43 77.91 86.49 82.81
Operating Profit 17.27 12.92 15.38 16.10 12.74 15.06 20.32 23.44 22.84 22.01 23.65 26.85 23.37
OPM % 25.68% 22.60% 22.29% 21.52% 18.14% 19.25% 23.18% 24.19% 23.93% 24.89% 23.29% 23.69% 22.01%
1.73 0.35 0.51 0.25 2.77 2.59 2.53 3.13 0.88 1.18 1.58 1.93 1.06
Interest 1.94 2.27 2.36 3.47 4.30 5.16 5.16 5.51 4.82 5.00 5.77 6.06 6.80
Depreciation 7.51 4.08 3.66 3.89 4.07 4.42 4.54 4.82 4.92 6.54 5.79 6.10 6.12
Profit before tax 9.55 6.92 9.87 8.99 7.14 8.07 13.15 16.24 13.98 11.65 13.67 16.62 11.51
Tax % 23.77% 28.32% 33.94% 16.24% 31.37% 25.03% 25.02% 26.29% 31.62% 24.81% 25.31% 27.68% 26.93%
7.27 4.96 6.52 7.52 4.91 6.04 9.86 11.97 9.56 8.76 10.21 12.02 8.41
EPS in Rs 6.74 4.60 6.05 6.97 4.55 5.60 9.15 11.10 8.87 8.12 9.47 11.15 7.80
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
190 212 204 271 358 410
158 170 152 214 277 314
Operating Profit 32 43 51 57 82 96
OPM % 17% 20% 25% 21% 23% 23%
0 -1 4 4 9 6
Interest 6 8 8 12 21 24
Depreciation 8 11 16 16 19 25
Profit before tax 17 22 30 33 51 53
Tax % 44% 23% 22% 27% 27% 26%
10 17 23 24 37 39
EPS in Rs 9.50 15.74 21.79 22.18 34.72 36.54
Dividend Payout % 0% 6% 5% 5% 4% 4%
Compounded Sales Growth
10 Years: %
5 Years: 17%
3 Years: 26%
TTM: 14%
Compounded Profit Growth
10 Years: %
5 Years: 31%
3 Years: 19%
TTM: 6%
Stock Price CAGR
10 Years: 55%
5 Years: 74%
3 Years: 51%
1 Year: 1%
Return on Equity
10 Years: %
5 Years: 23%
3 Years: 22%
Last Year: 21%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 10 11 11 11 11 11
Reserves 56 74 97 121 157 194
85 88 107 163 203 289
45 49 56 56 74 86
Total Liabilities 196 222 271 351 444 580
95 108 140 178 227 304
CWIP 0 0 1 4 2 6
Investments 0 0 0 0 0 0
101 114 130 170 215 270
Total Assets 196 222 271 351 444 580

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
19 33 39 12 60 35
-31 -26 -49 -56 -76 -93
11 -7 10 44 17 55
Net Cash Flow -0 0 0 -0 2 -2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 98 92 99 104 86 96
Inventory Days 206 222 254 230 317 402
Days Payable 123 102 168 118 125 150
Cash Conversion Cycle 181 213 185 215 278 348
Working Capital Days 113 113 141 163 141 177
ROCE % 20% 20% 18% 22%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
53.35% 53.37% 53.40% 53.45% 53.45% 53.41% 53.39% 53.38% 53.35% 53.35% 53.34% 53.30%
0.06% 0.08% 0.08% 0.08% 0.09% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07%
0.01% 0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
46.58% 46.54% 46.51% 46.47% 46.46% 46.51% 46.53% 46.54% 46.58% 46.58% 46.58% 46.62%
No. of Shareholders 11,63313,40813,36613,92913,67213,37112,95012,82613,34714,92416,70416,395

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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