RBM Infracon Ltd
Incorporated in 2013, RBM Infracon Limited is primarily engaged in the engineering, execution, testing, commissioning, operating & maintenance of mechanical and rotary equipment for oil & gas refineries, cement, fertilizers, Petrochemicals, Coal/Gas based power plants, etc.[1]
- Market Cap ₹ 671 Cr.
- Current Price ₹ 665
- High / Low ₹ 1,049 / 421
- Stock P/E 35.6
- Book Value ₹ 116
- Dividend Yield 0.00 %
- ROCE 28.6 %
- ROE 19.7 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Debtor days have improved from 85.4 to 56.1 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -11.9%
- Working capital days have increased from 140 days to 239 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: Construction Industry: Construction
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|
| 35 | 39 | 48 | 83 | 130 | 194 | |
| 34 | 39 | 44 | 78 | 111 | 165 | |
| Operating Profit | 1 | -0 | 3 | 5 | 19 | 29 |
| OPM % | 2% | -1% | 7% | 6% | 15% | 15% |
| 0 | 0 | 0 | 0 | 0 | 1 | |
| Interest | 1 | 1 | 1 | 1 | 2 | 2 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 2 |
| Profit before tax | -0 | -1 | 2 | 3 | 16 | 26 |
| Tax % | 100% | -2% | 17% | 29% | 31% | |
| -0 | -1 | 2 | 2 | 11 | 19 | |
| EPS in Rs | -2.31 | -23.92 | 36.51 | 2.62 | 10.98 | 19.61 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 50% |
| TTM: | 56% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 118% |
| TTM: | 402% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 17% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 21% |
| Last Year: | 20% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.52 | 0.56 | 0.56 | 8 | 8 | 10 |
| Reserves | 5 | 4 | 6 | 9 | 87 | 107 |
| 7 | 8 | 8 | 8 | 4 | 11 | |
| 9 | 11 | 10 | 16 | 115 | 106 | |
| Total Liabilities | 21 | 23 | 25 | 41 | 215 | 233 |
| 2 | 2 | 3 | 4 | 5 | 9 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 1 | 1 | 1 |
| 19 | 21 | 22 | 37 | 208 | 223 | |
| Total Assets | 21 | 23 | 25 | 41 | 215 | 233 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 1 | -0 | 1 | -4 | -50 | |
| -2 | -1 | -1 | -3 | -3 | |
| 1 | 1 | -0 | 7 | 61 | |
| Net Cash Flow | -0 | 0 | -0 | 0 | 8 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 160 | 148 | 118 | 82 | 56 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 160 | 148 | 118 | 82 | 56 |
| Working Capital Days | 100 | 93 | 93 | 89 | 239 |
| ROCE % | -6% | 21% | 20% | 29% |
Documents
Announcements
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
7 January 2025 - Rbm Infracon Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
6 January 2025 - Rbm Infracon Limited has informed regarding Submission of the Compliance Report on Corporate Governance for the Q3 FY 2024-25
-
General Updates
27 December 2024 - Rbm Infracon Limited has informed regarding Intimation of incorporation of a Wholly Owned Subsidiary Company.
-
Trading Window-XBRL
27 December 2024 - Rbm Infracon Limited has informed about Closure of Trading Window
-
Trading Window
27 December 2024 - Rbm Infracon Limited has informed regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
Annual reports
Concalls
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Nov 2024TranscriptNotesPPT
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Sep 2024Transcript PPT REC
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Jan 2024TranscriptNotesPPT
Business Segments
A) Engineering, Procurement, and Construction [1][2]
Its EPC services include structural, tankage, and piping fabrication and erection using CS, SS, and alloy steel. It also provides ARC maintenance and turnaround services for refineries, petrochemicals, and fertilizers, alongside blasting, painting, insulation, refractory services, electrical, instrumentation, and NDT services. Specialized services such as scaffolding, wagon tipplers, and conveying systems.