Relicab Cable Manufacturing Ltd
₹ 111
2.65%
03 Dec
- close price
About
Incorporated in 1992, Relicab Cable Manufacturing Ltd is an SME which does manufacturing and marketing of PVC Compounds, Wires and Cables
Key Points
- Market Cap ₹ 112 Cr.
- Current Price ₹ 111
- High / Low ₹ 156 / 89.0
- Stock P/E 48.3
- Book Value ₹ 13.0
- Dividend Yield 0.00 %
- ROCE 20.3 %
- ROE 13.5 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 8.54 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 28.0%
- Company has a low return on equity of 10.4% over last 3 years.
- Promoters have pledged 99.9% of their holding.
- Company's cost of borrowing seems high
* 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: Cables Industry: Cables - Power
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 11.97 | 11.09 | 11.83 | 15.50 | 18.70 | 21.00 | 22.54 | 12.26 | 14.59 | 33.60 | 34.56 | 38.02 | 38.83 | |
| 11.01 | 9.98 | 10.52 | 14.12 | 17.13 | 18.93 | 19.65 | 14.36 | 13.76 | 31.63 | 31.28 | 33.63 | 33.28 | |
| Operating Profit | 0.96 | 1.11 | 1.31 | 1.38 | 1.57 | 2.07 | 2.89 | -2.10 | 0.83 | 1.97 | 3.28 | 4.39 | 5.55 |
| OPM % | 8.02% | 10.01% | 11.07% | 8.90% | 8.40% | 9.86% | 12.82% | -17.13% | 5.69% | 5.86% | 9.49% | 11.55% | 14.29% |
| 0.05 | 0.05 | 0.10 | 0.11 | 0.16 | 0.23 | 0.29 | 1.84 | 0.23 | 0.11 | 0.50 | 0.31 | 0.05 | |
| Interest | 0.88 | 1.01 | 1.12 | 1.11 | 1.36 | 1.42 | 1.39 | 1.70 | 1.73 | 1.54 | 2.19 | 2.76 | 2.60 |
| Depreciation | 0.08 | 0.07 | 0.10 | 0.12 | 0.15 | 0.18 | 0.23 | 0.18 | 0.14 | 0.15 | 0.15 | 0.20 | 0.16 |
| Profit before tax | 0.05 | 0.08 | 0.19 | 0.26 | 0.22 | 0.70 | 1.56 | -2.14 | -0.81 | 0.39 | 1.44 | 1.75 | 2.84 |
| Tax % | 40.00% | 25.00% | 31.58% | 34.62% | 40.91% | 25.71% | 30.13% | -0.47% | 1.23% | 43.59% | 0.00% | 12.00% | |
| 0.03 | 0.06 | 0.13 | 0.18 | 0.14 | 0.52 | 1.10 | -2.13 | -0.81 | 0.22 | 1.45 | 1.54 | 2.31 | |
| EPS in Rs | 1.50 | 3.00 | 0.25 | 0.22 | 0.18 | 0.55 | 1.17 | -2.27 | -0.80 | 0.22 | 1.44 | 1.53 | 2.29 |
| 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: | 13% |
| 5 Years: | 11% |
| 3 Years: | 38% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 38% |
| 5 Years: | 7% |
| 3 Years: | 57% |
| TTM: | 32% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 37% |
| 3 Years: | 83% |
| 1 Year: | 22% |
| Return on Equity | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | -3% |
| 3 Years: | 10% |
| Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.00 | 1.00 | 2.97 | 4.58 | 4.58 | 5.40 | 5.40 | 5.40 | 5.80 | 5.80 | 10.09 | 10.09 | 10.09 |
| Reserves | 0.20 | 0.26 | 0.13 | 1.46 | 1.61 | 4.28 | 5.39 | 3.26 | 3.45 | 3.67 | 0.83 | 1.80 | 2.98 |
| 3.93 | 4.85 | 3.57 | 7.60 | 9.09 | 6.39 | 9.75 | 8.97 | 10.01 | 11.96 | 10.63 | 10.92 | 10.46 | |
| 4.71 | 3.49 | 4.43 | 2.30 | 3.78 | 5.73 | 5.73 | 7.45 | 10.14 | 11.02 | 13.59 | 11.16 | 10.66 | |
| Total Liabilities | 9.84 | 9.60 | 11.10 | 15.94 | 19.06 | 21.80 | 26.27 | 25.08 | 29.40 | 32.45 | 35.14 | 33.97 | 34.19 |
| 0.49 | 0.42 | 0.39 | 0.63 | 0.58 | 1.08 | 0.91 | 0.74 | 0.58 | 0.64 | 0.60 | 0.99 | 1.28 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.29 | 0.29 | 0.32 | 0.00 |
| Investments | 0.21 | 0.34 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 9.14 | 8.84 | 10.71 | 15.31 | 18.48 | 20.72 | 25.36 | 24.34 | 28.82 | 31.52 | 34.25 | 32.66 | 32.91 | |
| Total Assets | 9.84 | 9.60 | 11.10 | 15.94 | 19.06 | 21.80 | 26.27 | 25.08 | 29.40 | 32.45 | 35.14 | 33.97 | 34.19 |
Cash Flows
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.67 | 0.17 | 0.56 | -4.79 | -0.15 | 3.21 | -3.39 | 2.63 | 1.00 | 0.03 | 3.74 | 3.45 | |
| -0.22 | -0.09 | -0.06 | -0.92 | -0.08 | -0.57 | 0.43 | 0.17 | -0.12 | -0.39 | 0.03 | -0.32 | |
| -0.39 | -0.16 | -0.51 | 5.76 | 0.31 | -2.34 | 3.12 | -2.07 | 1.17 | 0.67 | -3.48 | -3.69 | |
| Net Cash Flow | 0.06 | -0.08 | -0.01 | 0.05 | 0.09 | 0.29 | 0.16 | 0.72 | 2.04 | 0.30 | 0.28 | -0.57 |
Ratios
Figures in Rs. Crores
| 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 | 82.33 | 88.53 | 88.55 | 75.12 | 113.99 | 68.65 | 86.80 | 24.12 | 100.82 | 69.63 | 114.59 | 96.29 |
| Inventory Days | 180.99 | 202.09 | 236.70 | 251.00 | 207.45 | 247.83 | 315.37 | 463.74 | 503.74 | 203.56 | 185.94 | 185.26 |
| Days Payable | 162.18 | 131.56 | 176.61 | 63.87 | 84.80 | 105.98 | 94.52 | 193.38 | 302.79 | 139.29 | 172.83 | 129.88 |
| Cash Conversion Cycle | 101.15 | 159.06 | 148.64 | 262.25 | 236.64 | 210.50 | 307.65 | 294.47 | 301.77 | 133.90 | 127.70 | 151.67 |
| Working Capital Days | 106.12 | 142.84 | 141.00 | 247.26 | 234.61 | 173.64 | 263.63 | 324.21 | 306.96 | 142.20 | 139.83 | 143.14 |
| ROCE % | 19.12% | 19.40% | 20.03% | 13.49% | 10.93% | 13.52% | 16.12% | -10.58% | 4.99% | 9.49% | 16.89% | 20.29% |
Documents
Announcements
-
Company Update: Relicab Cable Manufacturing Limited Gets Manufacturer Approval.
21 Nov - Relicab Cable Manufacturing Ltd receives manufacturer approval for POWERGRID projects.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Nov - Newspaper Cuttings of Unaudited Financial Results for the quarter and half year ended 30th September,2024.
- Unaudited Standalone Financial Results Of The Company For The Quarter And Half Year Ended September 30, 2024 14 Nov
-
Board Meeting Outcome for Unaudited Standalone Financial Results Of The Company For The Quarter And Half Year Ended September 30, 2024
14 Nov - Approved unaudited financial results for Q2 FY 2024.
-
Company Update : Relicab Cable Manufacturing Limited Gets Vendor Registration With Tata Power.
12 Nov - Relicab Cable Manufacturing registers as vendor with Tata Power.
Product Profile:[1]
a) Copper Conductors[2]
b) Wires[3]
c) PVC Compounds[4]
d) Cables[5]
Products are further sub-categorized as:
Power And Control Cables, Uninyvin Cables, Instrumentation Cables, PVC Insulated Cables, PVC Sheathed Cables, Auto And Battery Cables, Submersible & Dewatering Cables, Flat Elevator Cable (Lift Cable), Screen Cables, Mains Cords and Connectors, Telecommunication Cables, Tailor Made Cables (Specialty Cables), Wire Harnesses, All Types Of PVC Compounds (Insulation, Sheathing, Inner sheath, HR, FR, FRLS & Master batches)