RACL Geartech Ltd

RACL Geartech Ltd

₹ 853 0.34%
13 Dec - close price
About

Incorporated in 1983, RACL Geartech Ltd manufactures and exports automotive gears and components[1]

Key Points

Business Overview:[1][2]
RACL manufactures transmission gears and shafts for automotive and industrial applications. It has local and global Original Equipment Manufacturers in the auto and industrial segment as its long-standing customers. It has 22 Active Customers and 900+ SKUs

  • Market Cap 920 Cr.
  • Current Price 853
  • High / Low 1,350 / 770
  • Stock P/E 28.7
  • Book Value 199
  • Dividend Yield 0.18 %
  • ROCE 18.2 %
  • ROE 22.0 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 31.8% CAGR over last 5 years

Cons

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
69.01 74.82 70.21 78.23 87.68 96.88 95.43 88.44 101.56 113.43 113.86 105.28 101.51
53.67 58.73 57.41 63.17 67.36 73.45 72.70 66.43 77.95 86.26 90.46 83.46 83.45
Operating Profit 15.34 16.09 12.80 15.06 20.32 23.43 22.73 22.01 23.61 27.17 23.40 21.82 18.06
OPM % 22.23% 21.50% 18.23% 19.25% 23.18% 24.18% 23.82% 24.89% 23.25% 23.95% 20.55% 20.73% 17.79%
0.51 0.25 2.77 2.59 2.53 3.13 0.88 1.18 1.58 1.93 1.06 0.52 4.20
Interest 2.36 3.47 4.30 5.16 5.16 5.51 4.82 5.00 5.77 6.06 6.80 6.93 8.11
Depreciation 3.66 3.89 4.08 4.42 4.54 4.82 4.92 6.54 5.79 6.10 6.12 6.98 7.41
Profit before tax 9.83 8.98 7.19 8.07 13.15 16.23 13.87 11.65 13.63 16.94 11.54 8.43 6.74
Tax % 33.47% 16.26% 32.82% 25.03% 25.02% 26.06% 31.22% 24.64% 25.17% 26.74% 27.04% 25.74% 25.96%
6.54 7.53 4.84 6.05 9.86 12.00 9.54 8.78 10.20 12.41 8.42 6.26 4.99
EPS in Rs 6.07 6.98 4.49 5.61 9.15 11.13 8.85 8.14 9.46 11.51 7.81 5.81 4.63
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
95 104 107 117 116 136 190 212 204 271 358 417 434
85 90 92 103 101 118 158 169 152 213 276 320 344
Operating Profit 10 14 16 15 15 18 32 43 52 58 83 98 90
OPM % 10% 13% 15% 13% 13% 13% 17% 20% 25% 21% 23% 23% 21%
2 0 0 0 1 1 0 -1 3 3 8 4 8
Interest 6 6 7 6 5 6 6 8 8 12 21 24 28
Depreciation 3 4 4 4 4 5 8 11 16 16 19 25 27
Profit before tax 2 3 5 6 6 9 17 22 30 33 51 54 44
Tax % 36% 45% 28% 35% 21% 9% 44% 22% 22% 27% 27% 26%
2 2 4 4 5 8 10 17 23 24 37 40 32
EPS in Rs 1.76 2.09 3.61 3.73 5.18 7.92 9.50 15.75 21.69 22.21 34.74 36.92 29.76
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 6% 5% 4% 4% 4%
Compounded Sales Growth
10 Years: 15%
5 Years: 17%
3 Years: 27%
TTM: 14%
Compounded Profit Growth
10 Years: 36%
5 Years: 32%
3 Years: 20%
TTM: -21%
Stock Price CAGR
10 Years: 46%
5 Years: 58%
3 Years: 10%
1 Year: -29%
Return on Equity
10 Years: 20%
5 Years: 23%
3 Years: 23%
Last Year: 22%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 9 9 10 10 10 10 10 11 11 11 11 11 11
Reserves 25 27 31 35 38 45 56 74 97 121 157 194 204
39 39 37 30 54 66 85 88 109 165 203 289 312
32 36 34 32 30 36 45 49 54 55 73 86 93
Total Liabilities 104 111 111 107 131 157 196 222 271 351 444 580 620
52 62 60 62 64 72 95 108 140 178 227 304 317
CWIP 5 1 0 0 0 0 0 0 1 4 2 6 7
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
47 48 51 45 67 85 101 114 130 170 215 270 296
Total Assets 104 111 111 107 131 157 196 222 271 351 444 580 620

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-4 6 4 10 9 5 19 33 39 11 60 35
-7 -10 -2 -7 -5 -13 -31 -26 -49 -55 -76 -93
11 4 -2 -3 -4 7 11 -7 10 44 18 55
Net Cash Flow 0 1 0 0 -0 -1 -0 -0 0 -0 2 -2

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 68 55 58 27 98 109 98 92 99 104 86 101
Inventory Days 173 184 230 219 230 251 206 222 254 230 318 354
Days Payable 160 200 160 116 136 158 123 102 169 119 126 140
Cash Conversion Cycle 82 39 128 130 193 202 181 212 184 215 278 314
Working Capital Days 45 39 51 37 123 130 113 113 140 151 141 174
ROCE % 13% 13% 15% 15% 13% 13% 18% 20% 20% 18% 22% 18%

Shareholding Pattern

Numbers in percentages

Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Nov 2024
53.45% 53.45% 53.41% 53.39% 53.38% 53.35% 53.35% 53.34% 53.30% 53.33% 53.32% 53.32%
0.08% 0.09% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.01% 0.00% 0.00%
0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.04% 0.04%
46.47% 46.46% 46.51% 46.53% 46.54% 46.58% 46.58% 46.58% 46.62% 46.66% 46.64% 46.64%
No. of Shareholders 13,92913,67213,37112,95012,82613,34714,92416,70416,39516,59216,53515,900

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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