Rudra Gas Enterprise Ltd
Rudra Gas Limited is active in gas distribution network projects, fiber cable networks, construction equipment, and vehicle rental.[1]
- Market Cap ₹ 150 Cr.
- Current Price ₹ 180
- High / Low ₹ 260 / 120
- Stock P/E 31.7
- Book Value ₹ 31.5
- Dividend Yield 0.00 %
- ROCE 21.8 %
- ROE 27.6 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 38.0%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 72.6 to 96.8 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: Infrastructure Developers & Operators Industry: Construction
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 28.09 | 43.84 | 49.40 | 63.77 | |
| 25.18 | 39.33 | 42.21 | 55.35 | |
| Operating Profit | 2.91 | 4.51 | 7.19 | 8.42 |
| OPM % | 10.36% | 10.29% | 14.55% | 13.20% |
| 0.05 | 0.02 | 0.17 | 0.29 | |
| Interest | 0.85 | 1.49 | 1.75 | 2.63 |
| Depreciation | 0.32 | 0.64 | 0.74 | 0.80 |
| Profit before tax | 1.79 | 2.40 | 4.87 | 6.28 |
| Tax % | 29.05% | 25.00% | 25.67% | 24.68% |
| 1.27 | 1.79 | 3.62 | 4.73 | |
| EPS in Rs | 50.80 | 71.60 | 144.80 | 5.67 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 31% |
| TTM: | 29% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 54% |
| TTM: | 31% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 38% |
| Last Year: | 28% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Equity Capital | 0.25 | 0.25 | 0.25 | 8.34 |
| Reserves | 2.42 | 4.21 | 7.73 | 17.92 |
| 10.08 | 13.80 | 17.39 | 20.91 | |
| 6.85 | 9.79 | 8.29 | 10.58 | |
| Total Liabilities | 19.60 | 28.05 | 33.66 | 57.75 |
| 4.78 | 7.85 | 7.64 | 8.00 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 1.04 |
| 14.82 | 20.20 | 26.02 | 48.71 | |
| Total Assets | 19.60 | 28.05 | 33.66 | 57.75 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 2.63 | 4.22 | -1.18 | -4.34 | |
| -3.00 | -2.41 | -0.70 | -9.20 | |
| 0.53 | -1.64 | 1.84 | 14.44 | |
| Net Cash Flow | 0.16 | 0.17 | -0.04 | 0.89 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 73.03 | 59.28 | 61.55 | 96.84 |
| Inventory Days | 103.11 | 47.45 | 134.80 | 213.19 |
| Days Payable | 440.27 | 297.74 | 242.46 | 189.50 |
| Cash Conversion Cycle | -264.14 | -191.01 | -46.11 | 120.53 |
| Working Capital Days | 80.17 | 81.76 | 130.85 | 176.92 |
| ROCE % | 25.73% | 30.25% | 21.81% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
14 Sep - Resignation of Company Secretary and Compliance Officer.
-
Reg. 34 (1) Annual Report.
7 Sep - Notice of 9th Annual General Meeting and Annual Report.
-
09Th Annual General Meeting Of The Company Will Be Held On Monday, September 30, 2024 At 11:00 A.M.
7 Sep - Notice of 9th Annual General Meeting and Annual Report.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
19 Jul - Compliance Certificate for the quarter ended 30th June, 2024.
-
Statement Of Deviation For The Half-Year Ended 31St March, 2024
30 May - Disclosure of fund utilization deviations as per SEBI regulations.
Business Verticals
Gas pipeline projects[1] These include laying pipelines for city gas network and construction of associated facilities such as CNG (compressed natural gas) stations, underground pipelines, repair facilities, gas stations and their physical infrastructure such as pipelines, valves, and stations. The company also provides comprehensive operation and maintenance services to city gas distribution companies(CGD).