Rockon Enterprises Ltd(Merged)
Rockon Enterprises Limited, formerly Rockon Fintech Limited, is engaged in the business of share trading, finance and investments.
- Market Cap ₹ 1.04 Cr.
- Current Price ₹ 0.63
- High / Low ₹ /
- Stock P/E
- Book Value ₹ 8.77
- Dividend Yield 0.00 %
- ROCE -0.39 %
- ROE -0.91 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.07 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -34.9% over past five years.
- Company has a low return on equity of -3.93% over last 3 years.
- Contingent liabilities of Rs.0.35 Cr.
- Working capital days have increased from 3,161 days to 5,704 days
* 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: Finance Industry: Finance & Investments
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
14.73 | 52.84 | 17.92 | 14.03 | 3.47 | 7.40 | 6.66 | 4.28 | 4.83 | 3.14 | 1.89 | 0.78 | |
14.32 | 53.07 | 17.89 | 13.98 | 3.73 | 7.50 | 7.77 | 4.69 | 4.41 | 3.12 | 3.50 | 0.84 | |
Operating Profit | 0.41 | -0.23 | 0.03 | 0.05 | -0.26 | -0.10 | -1.11 | -0.41 | 0.42 | 0.02 | -1.61 | -0.06 |
OPM % | 2.78% | -0.44% | 0.17% | 0.36% | -7.49% | -1.35% | -16.67% | -9.58% | 8.70% | 0.64% | -85.19% | -7.69% |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.19 | 0.00 | 0.00 | |
Interest | 0.36 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.11 | 0.09 | 0.07 |
Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Profit before tax | 0.05 | -0.23 | 0.01 | 0.05 | -0.26 | -0.10 | -1.11 | -0.41 | 0.40 | 0.10 | -1.70 | -0.13 |
Tax % | -440.00% | 4.35% | 0.00% | 40.00% | 107.69% | 0.00% | -9.01% | 9.76% | 2.50% | 0.00% | 2.35% | 0.00% |
0.27 | -0.24 | 0.01 | 0.03 | -0.54 | -0.10 | -1.01 | -0.45 | 0.39 | 0.10 | -1.74 | -0.13 | |
EPS in Rs | -0.14 | 0.01 | 0.02 | -0.33 | -0.06 | -0.61 | -0.27 | 0.24 | 0.06 | -1.05 | -0.08 | |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -34% |
5 Years: | -35% |
3 Years: | -46% |
TTM: | -59% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | 13% |
3 Years: | % |
TTM: | 93% |
Stock Price CAGR | |
---|---|
10 Years: | -18% |
5 Years: | -13% |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | -2% |
5 Years: | -2% |
3 Years: | -4% |
Last Year: | -1% |
Balance Sheet
Figures in Rs. Crores
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 7.22 | 16.52 | 16.52 | 16.52 | 16.52 | 16.52 | 16.52 | 16.52 | 16.52 | 16.52 | 16.52 | 16.52 |
Reserves | 1.42 | 1.18 | 1.18 | 1.22 | 0.68 | 0.58 | -0.42 | -0.88 | -0.76 | -0.74 | -2.42 | -2.05 |
0.12 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 1.05 | 1.13 | 1.19 | |
0.02 | 0.03 | 0.03 | 0.04 | 0.04 | 0.15 | 1.52 | 0.02 | 0.03 | 0.01 | 0.06 | 0.05 | |
Total Liabilities | 8.78 | 17.73 | 17.73 | 17.78 | 17.24 | 17.25 | 17.62 | 15.66 | 16.80 | 16.84 | 15.29 | 15.71 |
0.33 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 1.47 | 1.47 | 0.04 | 0.04 | 1.66 | 3.11 | 2.45 | 2.41 |
8.45 | 17.73 | 17.73 | 17.78 | 15.77 | 15.78 | 17.58 | 15.61 | 15.13 | 13.73 | 12.84 | 13.30 | |
Total Assets | 8.78 | 17.73 | 17.73 | 17.78 | 17.24 | 17.25 | 17.62 | 15.66 | 16.80 | 16.84 | 15.29 | 15.71 |
Cash Flows
Figures in Rs. Crores
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-7.26 | -6.35 | -3.16 | 0.19 | 1.13 | 0.32 | -0.45 | -0.11 | 0.33 | 0.61 | 0.20 | 0.48 | |
6.04 | 0.00 | 0.00 | 0.00 | -1.47 | 0.00 | 0.47 | -0.01 | 0.35 | -1.50 | 0.57 | -0.51 | |
-0.34 | 9.21 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
Net Cash Flow | -1.56 | 2.86 | -3.16 | 0.19 | -0.34 | 0.32 | 0.02 | -0.12 | 0.68 | -0.89 | 0.77 | -0.03 |
Ratios
Figures in Rs. Crores
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0.00 | 0.00 | 0.00 | 13.53 | 0.00 | 0.00 | 132.08 | 0.00 | 0.00 | 4.65 | 7.72 | 18.72 |
Inventory Days | 120.02 | 64.85 | 138.51 | 101.17 | 350.40 | 125.84 | 92.65 | 171.43 | 0.00 | 0.00 | 0.00 | |
Days Payable | 0.00 | 0.07 | 0.21 | 0.27 | 2.09 | 7.52 | 85.35 | 0.00 | ||||
Cash Conversion Cycle | 120.02 | 64.78 | 138.30 | 114.43 | 348.31 | 118.32 | 139.38 | 171.43 | 0.00 | 4.65 | 7.72 | 18.72 |
Working Capital Days | 188.32 | 96.50 | 347.89 | 440.45 | 1,637.77 | 747.76 | 850.57 | 1,297.11 | 1,051.93 | 1,555.32 | 2,222.83 | 5,704.29 |
ROCE % | 4.66% | -1.74% | 0.17% | 0.28% | -1.49% | -0.58% | -6.69% | -2.58% | 2.59% | 1.25% | -10.04% | -0.39% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
26 Aug 2020 - Newspaper clipping of Regulation 47(1) (a) as per SEBI (LODR) Regulation, 2015 for Notice to Shareholders regarding Record Date for Allotment of Shares under scheme …
- Record Date For The Purposes Of The Scheme Of Amalgamation Between Proaim Enterprises Limited (First Transferor Company); Axon Ventures Limited (Second Transferor Company); Rockon Enterprises Limited (Third Transferor Company) With Banas Finance Limited (Transferee Company). 21 Aug 2020
- Disclosure Under Regulations 30 And 42 Of The SEBI (LODR) Regulations, 2015 ("Listing Regulations") 21 Aug 2020
- Outcome Of Shorter Notice Board Meeting Held On Today I.E. Friday 21St August, 2020. 21 Aug 2020
- Board Meeting Intimation for Shorter Notice Of Board Meeting To Be Held On Friday 21St August, 2020. 20 Aug 2020