Ranjeet Mechatronics Ltd
Incorporated in 2016, Ranjeet Mechatronics
Ltd is a dealer for Pumps, Valves, Motors, Engines and Fire Safety Equipment & System Integrator[1]
- Market Cap ₹ 37.4 Cr.
- Current Price ₹ 37.4
- High / Low ₹ 74.4 / 24.2
- Stock P/E 288
- Book Value ₹ 20.2
- Dividend Yield 0.00 %
- ROCE 5.42 %
- ROE 0.77 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -3.88%
- The company has delivered a poor sales growth of -12.8% over past five years.
- Company has a low return on equity of 3.18% over last 3 years.
- Company has high debtors of 170 days.
- Working capital days have increased from 314 days to 491 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: Capital Goods-Non Electrical Equipment Industry: Engineering
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
7.51 | 9.66 | 11.40 | 25.25 | 17.61 | 17.78 | 32.78 | 34.91 | 28.56 | 34.50 | 37.73 | 16.55 | |
7.14 | 9.72 | 11.50 | 23.52 | 15.54 | 15.05 | 30.07 | 32.29 | 26.78 | 32.67 | 37.01 | 15.25 | |
Operating Profit | 0.37 | -0.06 | -0.10 | 1.73 | 2.07 | 2.73 | 2.71 | 2.62 | 1.78 | 1.83 | 0.72 | 1.30 |
OPM % | 4.93% | -0.62% | -0.88% | 6.85% | 11.75% | 15.35% | 8.27% | 7.51% | 6.23% | 5.30% | 1.91% | 7.85% |
0.05 | 0.11 | 0.13 | 0.03 | 0.03 | 0.25 | 0.88 | 0.29 | 0.12 | 0.98 | 1.92 | 0.34 | |
Interest | 0.38 | 0.00 | 0.00 | 1.20 | 1.05 | 1.36 | 1.54 | 1.69 | 1.52 | 1.98 | 1.50 | 1.34 |
Depreciation | 0.00 | 0.00 | 0.00 | 0.33 | 0.30 | 0.28 | 0.44 | 0.30 | 0.21 | 0.17 | 0.15 | 0.14 |
Profit before tax | 0.04 | 0.05 | 0.03 | 0.23 | 0.75 | 1.34 | 1.61 | 0.92 | 0.17 | 0.66 | 0.99 | 0.16 |
Tax % | 0.00% | 0.00% | 0.00% | 30.43% | 32.00% | 32.09% | 26.09% | 27.17% | 47.06% | 25.76% | 28.28% | 25.00% |
0.04 | 0.05 | 0.03 | 0.16 | 0.51 | 0.90 | 1.19 | 0.68 | 0.09 | 0.50 | 0.71 | 0.13 | |
EPS in Rs | 0.89 | 1.11 | 0.67 | 2.91 | 9.27 | 16.36 | 1.80 | 1.03 | 0.14 | 0.76 | 1.08 | 0.13 |
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: | % |
5 Years: | -13% |
3 Years: | -17% |
TTM: | -56% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -33% |
3 Years: | 13% |
TTM: | -82% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | % |
1 Year: | 63% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 3% |
3 Years: | 3% |
Last Year: | 1% |
Balance Sheet
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.45 | 0.45 | 0.45 | 0.55 | 0.55 | 0.55 | 6.60 | 6.60 | 6.60 | 6.60 | 6.60 | 10.00 |
Reserves | 0.28 | 0.33 | 0.36 | 0.61 | 1.12 | 2.04 | 4.74 | 5.41 | 5.50 | 6.00 | 6.71 | 10.24 |
3.80 | 3.90 | 5.03 | 8.63 | 10.96 | 13.79 | 9.21 | 12.49 | 14.60 | 11.89 | 13.42 | 8.38 | |
1.05 | 0.22 | 1.61 | 8.27 | 8.21 | 6.04 | 8.30 | 9.26 | 12.39 | 15.29 | 7.11 | 4.20 | |
Total Liabilities | 5.58 | 4.90 | 7.45 | 18.06 | 20.84 | 22.42 | 28.85 | 33.76 | 39.09 | 39.78 | 33.84 | 32.82 |
1.03 | 1.05 | 1.07 | 1.86 | 1.76 | 2.28 | 1.58 | 1.29 | 1.08 | 0.98 | 0.92 | 0.79 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.30 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.00 | 5.14 |
4.54 | 3.84 | 6.37 | 16.20 | 18.78 | 20.14 | 27.27 | 32.47 | 38.01 | 38.80 | 29.92 | 26.89 | |
Total Assets | 5.58 | 4.90 | 7.45 | 18.06 | 20.84 | 22.42 | 28.85 | 33.76 | 39.09 | 39.78 | 33.84 | 32.82 |
Cash Flows
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00 | 0.00 | 1.62 | -0.67 | 0.19 | -2.12 | -0.33 | -1.70 | 4.21 | 3.81 | 0.29 | |
0.00 | 0.00 | 0.00 | -0.26 | -0.47 | -0.95 | 0.28 | -0.54 | 0.34 | 0.04 | -2.57 | -1.95 | |
0.00 | 0.00 | 0.00 | -1.31 | 1.33 | 0.86 | 1.58 | 1.34 | 1.34 | -4.69 | -0.20 | 0.43 | |
Net Cash Flow | 0.00 | 0.00 | 0.00 | 0.05 | 0.19 | 0.10 | -0.26 | 0.48 | -0.02 | -0.44 | 1.04 | -1.23 |
Ratios
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 64.15 | 65.37 | 126.79 | 119.69 | 183.85 | 106.54 | 80.50 | 92.01 | 148.25 | 135.00 | 68.78 | 170.48 |
Inventory Days | 161.74 | 112.37 | 226.61 | 340.20 | 226.18 | 235.62 | 319.36 | 262.87 | 184.48 | 449.47 | ||
Days Payable | 47.54 | 121.20 | 153.61 | 146.56 | 103.17 | 93.02 | 159.53 | 150.84 | 35.21 | 69.47 | ||
Cash Conversion Cycle | 178.35 | 65.37 | 126.79 | 110.86 | 256.85 | 300.18 | 203.52 | 234.61 | 308.08 | 247.03 | 218.05 | 550.48 |
Working Capital Days | 167.68 | 132.62 | 149.84 | 92.80 | 185.09 | 232.80 | 183.95 | 202.00 | 297.78 | 244.39 | 207.80 | 490.93 |
ROCE % | 11.57% | 1.09% | 0.57% | 16.06% | 18.61% | 15.22% | 11.59% | 6.60% | 10.31% | 9.72% | 5.42% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Oct - Compliance Certificate for the quarter ended on 30th September, 2024.
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
30 Sep - Submission of Scrutinizer Report for 31st AGM.
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
30 Sep - Outcome of 31st Annual General Meeting held.
-
Closure of Trading Window
30 Sep - Closure of trading window from October 1, 2024.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
23 Sep - Submission of Copies of Newspaper Advertisement regarding dispatch of notice of 31st AGM
Business Overview:[1]
RML is a system integrator and turnkey project contractor for fire protection and detection systems, electronic security & automation solution provider company. It is an Authorized Dealer / Distributor for Kirloskar Brothers Ltd, Kirloskar Oil Engines Ltd, Kirloskar Electric Co. Ltd for providing complete solution for fluid transfer