Remsons Industries Ltd
Remsons Industries Limited was established in 1971. It manufactures auto components like auto control cables, Flexible shafts, Gear shift systems, push pull cables and parking brake mechanism. It exports majorly to UK, Europe, North American, Brazil, Mexico and SAARC countries [1] [2]
- Market Cap ₹ 745 Cr.
- Current Price ₹ 1,074
- High / Low ₹ 1,105 / 235
- Stock P/E 81.6
- Book Value ₹ 151
- Dividend Yield 0.14 %
- ROCE 13.6 %
- ROE 12.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 19.6% CAGR over last 5 years
Cons
- Stock is trading at 7.09 times its book value
- Promoter holding has decreased over last quarter: -9.70%
- The company has delivered a poor sales growth of 11.5% over past five years.
- Company has a low return on equity of 13.9% over last 3 years.
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
102 | 105 | 109 | 112 | 119 | 128 | 149 | 159 | 195 | 223 | 264 | 257 | |
97 | 99 | 105 | 107 | 116 | 120 | 140 | 148 | 186 | 209 | 243 | 234 | |
Operating Profit | 5 | 6 | 4 | 5 | 3 | 8 | 9 | 11 | 10 | 14 | 20 | 23 |
OPM % | 5% | 6% | 4% | 4% | 2% | 6% | 6% | 7% | 5% | 6% | 8% | 9% |
0 | 1 | 0 | 1 | 1 | 1 | 0 | 2 | 5 | 2 | 1 | 2 | |
Interest | 3 | 2 | 2 | 3 | 2 | 3 | 2 | 3 | 3 | 5 | 5 | 6 |
Depreciation | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 3 | 3 | 5 | 6 | 8 |
Profit before tax | 1 | 2 | 0 | 1 | -1 | 5 | 5 | 7 | 9 | 5 | 11 | 12 |
Tax % | 42% | 33% | 67% | 25% | 46% | 24% | 30% | 28% | 25% | 32% | 27% | 26% |
0 | 1 | 0 | 0 | -1 | 3 | 3 | 5 | 7 | 4 | 8 | 9 | |
EPS in Rs | 0.68 | 2.61 | 0.07 | 0.79 | -1.37 | 6.04 | 6.02 | 9.35 | 11.66 | 6.21 | 13.58 | 12.69 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 22% | 25% | 16% | 9% | 16% | 11% | 12% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 11% |
3 Years: | 10% |
TTM: | -3% |
Compounded Profit Growth | |
---|---|
10 Years: | 20% |
5 Years: | 20% |
3 Years: | 29% |
TTM: | 16% |
Stock Price CAGR | |
---|---|
10 Years: | 46% |
5 Years: | 61% |
3 Years: | 53% |
1 Year: | 344% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 15% |
3 Years: | 14% |
Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 7 |
Reserves | 10 | 11 | 11 | 11 | 10 | 14 | 16 | 19 | 26 | 29 | 36 | 99 |
25 | 22 | 27 | 28 | 27 | 29 | 27 | 30 | 57 | 66 | 65 | 50 | |
13 | 15 | 15 | 19 | 16 | 21 | 32 | 30 | 50 | 44 | 49 | 45 | |
Total Liabilities | 54 | 54 | 59 | 64 | 60 | 70 | 80 | 85 | 139 | 145 | 155 | 201 |
20 | 21 | 20 | 21 | 22 | 22 | 23 | 24 | 34 | 36 | 39 | 48 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 20 | 19 | 19 |
34 | 33 | 38 | 42 | 37 | 47 | 57 | 61 | 99 | 88 | 96 | 133 | |
Total Assets | 54 | 54 | 59 | 64 | 60 | 70 | 80 | 85 | 139 | 145 | 155 | 201 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
6 | 8 | 1 | 5 | 6 | 4 | 8 | 5 | 9 | 4 | 13 | 19 | |
-1 | -2 | -3 | -4 | -3 | -2 | -4 | -2 | -26 | -7 | -7 | -48 | |
-5 | -6 | 3 | -2 | -3 | -1 | -5 | -2 | 16 | 3 | -7 | 29 | |
Net Cash Flow | -1 | 0 | 0 | -0 | -0 | 1 | -1 | 1 | -1 | 1 | -1 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 63 | 58 | 65 | 69 | 51 | 57 | 65 | 51 | 61 | 61 | 62 | 58 |
Inventory Days | 72 | 77 | 84 | 94 | 86 | 106 | 105 | 125 | 96 | 84 | 76 | 87 |
Days Payable | 51 | 56 | 57 | 74 | 66 | 85 | 110 | 94 | 111 | 86 | 81 | 89 |
Cash Conversion Cycle | 83 | 80 | 91 | 89 | 70 | 77 | 60 | 82 | 46 | 59 | 57 | 56 |
Working Capital Days | 70 | 67 | 75 | 76 | 60 | 68 | 60 | 68 | 57 | 67 | 60 | 66 |
ROCE % | 8% | 11% | 5% | 8% | 2% | 16% | 16% | 19% | 12% | 10% | 15% |
Documents
Announcements
- Intimation Of New ISIN 28 Jun
- Closure of Trading Window 28 Jun
- Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Intimation Regarding Purchased A Commercial Property. 20 Jun
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 18 Jun
- Fixation Of Record Date For Sub-Division/ Split Of The Equity Shares Of The Company 11 Jun
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from nse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Concalls
-
May 2024TranscriptNotesPPT
-
Feb 2024TranscriptNotesPPT
-
Nov 2023TranscriptNotesPPT
-
Aug 2023TranscriptNotesPPT
-
May 2023TranscriptNotesPPT
-
Feb 2023TranscriptNotesPPT
-
Nov 2022TranscriptNotesPPT
-
Aug 2022TranscriptNotesPPT
-
Jun 2022TranscriptNotesPPT
-
Feb 2022TranscriptNotesPPT
-
Nov 2021TranscriptNotesPPT
-
Aug 2021TranscriptNotesPPT
-
Jul 2021TranscriptNotesPPT
Product Portfolio
The Company's product portfolio includes Gear Shifters, Control Cables, Flexible Shafts, Jack Kits, Parking Brake Assemblies, Winches, and Pedal Boxes. [1] Pioneers in the industry, India’s first Control Cables manufacturers. The company has fitted >1,50,00,000 cables across all segments.[2]