Remsons Industries Ltd
Remsons Industries Limited was established in 1971. It manufactures auto components like auto control cables, Flexible shafts, Gear shift systems, push pull cables and parking brake mechanism. It exports majorly to UK, Europe, North American, Brazil, Mexico and SAARC countries [1] [2]
- Market Cap ₹ 426 Cr.
- Current Price ₹ 122
- High / Low ₹ 235 / 103
- Stock P/E 29.2
- Book Value ₹ 33.6
- Dividend Yield 0.25 %
- ROCE 15.4 %
- ROE 17.7 %
- Face Value ₹ 2.00
Pros
- Promoter holding has increased by 0.82% over last quarter.
Cons
- Stock is trading at 3.63 times its book value
- Promoter holding has decreased over last 3 years: -8.88%
* 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: Auto Ancillaries Industry: Auto Ancillaries
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|
| 226 | 286 | 313 | 312 | 351 | |
| 216 | 266 | 287 | 281 | 317 | |
| Operating Profit | 10 | 20 | 26 | 31 | 34 |
| OPM % | 4% | 7% | 8% | 10% | 10% |
| 6 | 1 | 1 | 3 | 4 | |
| Interest | 4 | 6 | 6 | 7 | 6 |
| Depreciation | 4 | 8 | 9 | 11 | 13 |
| Profit before tax | 8 | 7 | 12 | 16 | 19 |
| Tax % | 43% | 27% | 31% | 18% | |
| 4 | 5 | 8 | 13 | 16 | |
| EPS in Rs | 1.57 | 1.87 | 2.93 | 3.82 | 4.29 |
| Dividend Payout % | 13% | 11% | 10% | 8% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 11% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 72% |
| TTM: | 32% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 33% |
| 5 Years: | 61% |
| 3 Years: | 41% |
| 1 Year: | -37% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 18% |
| Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 7 | 7 |
| Reserves | 24 | 29 | 37 | 104 | 110 |
| 75 | 81 | 82 | 68 | 83 | |
| 60 | 59 | 66 | 58 | 77 | |
| Total Liabilities | 165 | 175 | 190 | 238 | 277 |
| 59 | 60 | 64 | 70 | 97 | |
| CWIP | 0 | 1 | 1 | 2 | 6 |
| Investments | 1 | 1 | 0 | 0 | 3 |
| 105 | 114 | 125 | 166 | 170 | |
| Total Assets | 165 | 175 | 190 | 238 | 277 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| -0 | 14 | 28 | 15 | |
| -30 | -8 | -16 | -48 | |
| 31 | -2 | -5 | 28 | |
| Net Cash Flow | 1 | 4 | 6 | -4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 69 | 66 | 64 | 68 |
| Inventory Days | 113 | 93 | 88 | 101 |
| Days Payable | 118 | 98 | 100 | 101 |
| Cash Conversion Cycle | 65 | 62 | 52 | 68 |
| Working Capital Days | 69 | 62 | 56 | 73 |
| ROCE % | 12% | 15% | 15% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
2d - Certificate confirming securities dematerialization compliance for quarter ended March 31, 2025.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Apr
-
01/2025-26 Extra-Ordinary General Meeting ('EGM') Of The Members Of The Company Scheduled To Be Held On Tuesday, 6Th May, 2025 At 11:30 A.M. (IST Through Video Conferencing ('VC') / Other Audio Visual Means ('OAVM')
14 Apr - Extra-ordinary General Meeting for preferential share allotment.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
9 Apr - Remsons Industries acquires 51.01% stake in Astro Motors.
-
Announcement under Regulation 30 (LODR)-Preferential Issue
9 Apr - Acquisition of 51.01% stake in Astro Motors.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from nse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
Concalls
-
Feb 2025Transcript PPT
-
Nov 2024TranscriptNotesPPT
-
Aug 2024TranscriptNotesPPT
-
May 2024TranscriptNotesPPT
-
Feb 2024TranscriptNotesPPT
-
Nov 2023TranscriptNotesPPT
-
Aug 2023TranscriptNotesPPT
-
May 2023TranscriptNotesPPT
-
Feb 2023TranscriptNotesPPT
-
Nov 2022TranscriptNotesPPT
-
Aug 2022TranscriptNotesPPT
-
Jun 2022TranscriptNotesPPT
-
Feb 2022TranscriptNotesPPT
-
Nov 2021TranscriptNotesPPT
-
Aug 2021TranscriptNotesPPT
-
Jul 2021TranscriptNotesPPT
Product Portfolio[1]
a) Mechanical Components: Control cables, gear shifters, winches, pedal boxes, parking brake systems, and jack kits.
b) Electronics: Sensors, rearview cameras, sound systems, wireless chargers, infotainment systems, and digital clusters.
c) Lighting Solutions: Headlamps, tail lamps, signal lamps, interior lighting, and active spoilers.