Ridings Consulting Engineers India Ltd
The company was founded in 1995 by (Late) Mr. S.D. Baveja, to serve the growing needs for high-quality geospatial data generation & G.I.S solutions for the various Industries. Over the year’s operations have increased from India to Middle East nations with a vision of global inclusivity in mind.
- Market Cap ₹ 5.72 Cr.
- Current Price ₹ 4.60
- High / Low ₹ 6.00 / 4.60
- Stock P/E 57.2
- Book Value ₹ 1.47
- Dividend Yield 0.00 %
- ROCE 11.9 %
- ROE 1.74 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.13 times its book value
- The company has delivered a poor sales growth of -22.1% over past five years.
- Company has a low return on equity of -101% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.0.98 Cr.
- Company has high debtors of 780 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: Miscellaneous Industry: Miscellaneous
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4.59 | 8.55 | 8.61 | 13.40 | 13.52 | 14.19 | 16.88 | 18.78 | 18.24 | 5.24 | 2.08 | 4.85 | |
4.06 | 7.81 | 7.27 | 10.39 | 10.31 | 11.79 | 13.83 | 14.67 | 22.97 | 22.94 | 2.40 | 3.83 | |
Operating Profit | 0.53 | 0.74 | 1.34 | 3.01 | 3.21 | 2.40 | 3.05 | 4.11 | -4.73 | -17.70 | -0.32 | 1.02 |
OPM % | 11.55% | 8.65% | 15.56% | 22.46% | 23.74% | 16.91% | 18.07% | 21.88% | -25.93% | -337.79% | -15.38% | 21.03% |
0.00 | 0.00 | 0.00 | 0.12 | 0.02 | 0.08 | 0.02 | 0.07 | 0.61 | 5.47 | 2.13 | 0.71 | |
Interest | 0.00 | 0.00 | 0.00 | 0.78 | 0.96 | 0.88 | 1.01 | 1.59 | 1.50 | 0.96 | 0.86 | 0.74 |
Depreciation | 0.10 | 0.09 | 0.13 | 0.57 | 0.66 | 0.49 | 0.53 | 0.86 | 0.95 | 0.66 | 0.40 | 0.25 |
Profit before tax | 0.43 | 0.65 | 1.21 | 1.78 | 1.61 | 1.11 | 1.53 | 1.73 | -6.57 | -13.85 | 0.55 | 0.74 |
Tax % | 37.21% | 35.38% | 33.06% | 34.83% | 34.16% | 53.15% | 33.99% | 28.32% | 23.74% | 24.55% | 96.36% | 95.95% |
0.27 | 0.42 | 0.80 | 1.17 | 1.07 | 0.52 | 1.02 | 1.24 | -5.01 | -10.45 | 0.02 | 0.03 | |
EPS in Rs | 5.40 | 8.40 | 8.00 | 7.80 | 7.13 | 2.60 | 5.10 | 1.00 | -4.03 | -8.40 | 0.02 | 0.02 |
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: | -6% |
5 Years: | -22% |
3 Years: | -36% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | -28% |
5 Years: | -51% |
3 Years: | 26% |
TTM: | -64% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -28% |
3 Years: | -15% |
1 Year: | -38% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -37% |
3 Years: | -101% |
Last Year: | 2% |
Balance Sheet
Figures in Rs. Crores
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.50 | 0.50 | 1.00 | 1.50 | 1.50 | 2.00 | 2.00 | 12.44 | 12.44 | 12.44 | 12.44 | 12.44 |
Reserves | 1.31 | 1.75 | 2.55 | 4.46 | 5.51 | 6.03 | 6.92 | 4.71 | -0.30 | -10.75 | -10.73 | -10.70 |
2.02 | 3.97 | 3.24 | 5.59 | 6.75 | 6.61 | 9.40 | 10.30 | 9.49 | 9.55 | 10.32 | 11.00 | |
1.78 | 1.66 | 2.62 | 4.71 | 5.49 | 7.88 | 7.48 | 5.96 | 11.04 | 9.13 | 5.37 | 4.53 | |
Total Liabilities | 5.61 | 7.88 | 9.41 | 16.26 | 19.25 | 22.52 | 25.80 | 33.41 | 32.67 | 20.37 | 17.40 | 17.27 |
0.30 | 0.29 | 0.85 | 2.83 | 2.48 | 2.22 | 2.02 | 2.83 | 2.19 | 1.49 | 1.09 | 0.96 | |
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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
5.31 | 7.59 | 8.56 | 13.43 | 16.77 | 20.30 | 23.78 | 30.58 | 30.48 | 18.88 | 16.31 | 16.31 | |
Total Assets | 5.61 | 7.88 | 9.41 | 16.26 | 19.25 | 22.52 | 25.80 | 33.41 | 32.67 | 20.37 | 17.40 | 17.27 |
Cash Flows
Figures in Rs. Crores
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00 | 0.00 | -0.45 | -3.88 | -1.88 | 0.62 | -0.15 | 0.06 | ||||
0.00 | 0.00 | 0.00 | -0.31 | -1.67 | -0.24 | 0.14 | 0.02 | -0.07 | ||||
0.00 | 0.00 | 0.00 | 0.92 | 9.76 | -2.27 | -0.76 | 0.07 | 0.00 | ||||
Net Cash Flow | 0.00 | 0.00 | 0.00 | 0.16 | 4.21 | -4.39 | 0.00 | -0.05 | -0.02 |
Ratios
Figures in Rs. Crores
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 311.72 | 237.36 | 256.48 | 227.99 | 299.67 | 335.68 | 252.34 | 390.46 | 534.49 | 811.50 | 1,758.32 | 780.42 |
Inventory Days | 0.00 | |||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 311.72 | 237.36 | 256.48 | 227.99 | 299.67 | 335.68 | 252.34 | 390.46 | 534.49 | 811.50 | 1,758.32 | 780.42 |
Working Capital Days | 251.29 | 194.67 | 183.14 | 173.78 | 247.29 | 214.78 | 207.58 | 375.88 | 316.37 | 179.02 | 972.16 | 523.04 |
ROCE % | 12.16% | 12.94% | 18.60% | 20.55% | 14.01% | 15.41% | 14.51% | -20.66% | -78.43% | 12.03% | 11.87% |
Documents
Announcements
- Results-Delay in Financial Results 1 Jul 2023
-
Disclosure Of Reasons For Delay In Compliances Of LODR.
1 Jul 2023 - Health situation of Mr. Praveen Kumar Baveja, Whole time Director and CEO of the Company was/is deteriorating and was/is hospitalized since April 2023. consequently, the …
-
Certificate Regarding Transfer And Transmission Of Shares
27 Apr 2023 - Certificate under LODR Clause 40(9) from PCS
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 21 Apr 2023
- Compliance Certificate RTA-Yearly 21 Apr 2023