Rasandik Engineering Industries India Ltd
Incorporated in 1986, Rasandik Engineering Industries Ltd is a manufacturer of critical engineering components for autos, household goods (HPD), etc.
- Market Cap ₹ 69.7 Cr.
- Current Price ₹ 117
- High / Low ₹ 172 / 72.1
- Stock P/E 11.0
- Book Value ₹ 73.3
- Dividend Yield 0.00 %
- ROCE 11.3 %
- ROE 20.2 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Operating Profit |
OPM % |
Interest |
Depreciation |
Profit before tax |
Tax % |
EPS in Rs |
Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | |
---|---|---|---|---|
176 | 189 | 211 | 249 | |
160 | 163 | 182 | 216 | |
Operating Profit | 15 | 25 | 28 | 33 |
OPM % | 9% | 13% | 13% | 13% |
1 | 4 | 1 | 1 | |
Interest | 5 | 8 | 15 | 13 |
Depreciation | 6 | 9 | 11 | 12 |
Profit before tax | 5 | 12 | 4 | 9 |
Tax % | 40% | 48% | 91% | 28% |
3 | 6 | 0 | 6 | |
EPS in Rs | 6.90 | 12.61 | 0.76 | 13.38 |
Dividend Payout % | 15% | 12% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 12% |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 25% |
TTM: | 1664% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 17% |
3 Years: | 6% |
1 Year: | -10% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 14% |
Last Year: | 20% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | |
---|---|---|---|---|
Equity Capital | 5 | 5 | 5 | 5 |
Reserves | 20 | 25 | 24 | 30 |
122 | 158 | 178 | 152 | |
59 | 68 | 95 | 109 | |
Total Liabilities | 206 | 256 | 302 | 296 |
88 | 134 | 158 | 159 | |
CWIP | 49 | 43 | 55 | 45 |
Investments | 0 | 0 | 0 | 0 |
69 | 78 | 89 | 92 | |
Total Assets | 206 | 256 | 302 | 296 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | |
---|---|---|---|---|
7 | 18 | 43 | 44 | |
-58 | -49 | -37 | -10 | |
56 | 29 | -6 | -35 | |
Net Cash Flow | 4 | -2 | -0 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | |
---|---|---|---|---|
Debtor Days | 52 | 44 | 43 | 39 |
Inventory Days | 62 | 81 | 98 | 83 |
Days Payable | 125 | 135 | 150 | 138 |
Cash Conversion Cycle | -11 | -11 | -9 | -15 |
Working Capital Days | 20 | 32 | 5 | -9 |
ROCE % | 12% | 9% | 11% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Nov
- Submission Of Unaudited Financial Results For The Second Quarter And Six Months Ended 30-09-2024 14 Nov
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Board Meeting Outcome for Outcome Of Board Meeting Held On Nov 14, 2024
14 Nov - Board approved un-audited financial results for Q2 2024.
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Closure of Trading Window
6 Nov - Board meeting to approve Q2 financial results.
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Board Meeting Intimation for Consideration And Approval Of Un-Audited Financial Results Of The Company For The 2Nd Quarter And Half Year Ending On September 30, 2024
6 Nov - Board meeting to approve Q2 financial results.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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Dec 2017TranscriptNotesPPT
Business Overview:[1][2]
Company provides engineering solutions, designing and manufacturing delivery of sheet metal components and assemblies
to automobile industry. Company manufactures sheet metal components, press tools and dies for high tensile application in Heavy Commercial Vehicle (HCV), Light Commercial Vehicle (LCV), Passenger Vehicle (PV), tractors and 2-wheeler industry, heavy fabrication for railways. At present, company has 5 divisions viz.
a) Laser Tailor-Welded Blanks
b) Home Product
c) Press Tool Engineering Solutions and Components Manufacturing
d) Electric Vehicles
e) Railway and Heavy Fabrication Division
Product Profile:
a) Tailored Welding Blanks:[3] TWB Parts viz., Shot Gun, Door Inner, Longitudinal Member, Front Tunnel, Three Piece Door
b) Engineering Solutions:[4] Hyperform Draw Analysis, Tractor Body Parts, Point Cloud Data, Surface Model, MUV Wire Frame, hood for MUV
c) Tools & Dies:[5] Skin & Inner Body Components viz. Door Outer, Bonnet Outer, Front Fender, NHTL - Panel Assy. Hood, Renault - Tractor Bonnet, Wheel Arch Inner, Body Chain Case, GM - Extension Reinforcement, G M - Sun Roof
d) BIW Parts:[6] Parts and subassemblies for body-in-white, class A surfaces and closure panels
e) Suspension Parts:[7]
Design and manufacture of structural components of suspension systems, suspension parts and sub-assemblies
f) Fuel Tanks:[8]
Company is a major supplier of fuel tanks
to Indian automobile industry
g) Exhaust Line & CNC Bending:[9] Exhaust Systems for HML - Ambassador Contessa, RTV and ITL - Sonalika Tractor
h) Scissor Jack:[10] 0.7 T, 1.0 T, 1.5T, 2.0T
i) White Goods:[11]
Air-conditioner body stampings and assemblies, refrigerator body stampings and washing machine body stampings