Resgen Ltd
Incorporated in 2018, Resgen Ltd does manufacturing and selling of pyrolysis oil
and carbon from plastic waste[1]
- Market Cap ₹ 287 Cr.
- Current Price ₹ 137
- High / Low ₹ 183 / 56.1
- Stock P/E 43.2
- Book Value ₹ 23.7
- Dividend Yield 0.00 %
- ROCE 18.5 %
- ROE 14.3 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Debtor days have improved from 184 to 88.6 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -0.89%
* 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: Refineries Industry: Refineries
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 0.00 | 0.02 | 4.81 | 23.58 | 45.50 | |
| 0.15 | 0.01 | 2.79 | 13.28 | 30.22 | |
| Operating Profit | -0.15 | 0.01 | 2.02 | 10.30 | 15.28 |
| OPM % | 50.00% | 42.00% | 43.68% | 33.58% | |
| 0.00 | 0.00 | 0.00 | -0.04 | -0.04 | |
| Interest | 0.00 | 0.00 | 0.31 | 1.45 | 1.13 |
| Depreciation | 0.00 | 0.00 | 0.66 | 2.96 | 4.93 |
| Profit before tax | -0.15 | 0.01 | 1.05 | 5.85 | 9.18 |
| Tax % | 0.00% | 0.00% | 27.62% | 28.89% | 28.32% |
| -0.15 | 0.01 | 0.76 | 4.17 | 6.57 | |
| EPS in Rs | -9.71 | 0.65 | 34.55 | 1.99 | 3.13 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 1215% |
| TTM: | 93% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 772% |
| TTM: | 58% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 77% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 16% |
| Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 1.55 | 1.55 | 2.20 | 20.98 | 20.98 |
| Reserves | -0.18 | -0.18 | 1.50 | 22.07 | 28.64 |
| 0.24 | 9.61 | 9.33 | 11.54 | 8.66 | |
| 0.01 | 0.12 | 0.69 | 12.82 | 7.51 | |
| Total Liabilities | 1.62 | 11.10 | 13.72 | 67.41 | 65.79 |
| 0.00 | 0.00 | 9.07 | 15.23 | 19.01 | |
| CWIP | 0.00 | 10.16 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.15 |
| 1.62 | 0.94 | 4.65 | 52.18 | 46.63 | |
| Total Assets | 1.62 | 11.10 | 13.72 | 67.41 | 65.79 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| -1.74 | 1.65 | -1.36 | -14.05 | 5.12 | |
| 0.01 | -10.92 | 0.31 | -21.88 | -1.14 | |
| 1.70 | 9.34 | 0.98 | 35.94 | -3.99 | |
| Net Cash Flow | -0.02 | 0.07 | -0.07 | 0.01 | -0.01 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 365.00 | 212.47 | 249.53 | 88.64 | |
| Inventory Days | 90.88 | 294.93 | 309.16 | ||
| Days Payable | 2.98 | 299.92 | 49.05 | ||
| Cash Conversion Cycle | 365.00 | 300.37 | 244.54 | 348.75 | |
| Working Capital Days | -912.50 | 243.59 | 402.15 | 264.48 | |
| ROCE % | 0.16% | 11.33% | 21.74% | 18.46% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Management
1d - Appointment of Mr. Abhijeet Oza as CFO.
-
Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
1d - Resignation of CFO Kunal Bora due to management restructuring.
-
Board Meeting Outcome for Outcome Of Board Meeting Held To Consider Appointment Of New CFO And Resignation Of Existing CFO.
1d - Appointment of new CFO and resignation of existing CFO.
-
Board Meeting Intimation for Intimation Of Board Meeting To Be Held On 4Th November, 2024 To Consider Appointment Of New CFO And Resignation Of Existing CFO
1 Nov - Board meeting to appoint new CFO and accept resignation.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
19 Oct - Certificate under Reg.74(5) of the SEBI (DP) Reg, 2018 received from our RTA
Business Overview:[1]
Company manufactures PlasEco which is Pyrolysis Oil (a substitute for furnace oil) from waste plastics. It also repurposes the by-products generated, such as Carbon to substitute coal, and gas to substitute LPG. The major by-product are combustible liquid and gaseous fuel which can replace diesel or furnace oils, and reduce the need and impact of company's combustible fuel resources. Resgen uses a patented catalytic process to improve efficiency, safety and scalability of the pyrolysis process