Revathi Equipment India Ltd
Incorporated in 2020, Revathi Equipment India Ltd designs and manufactures drilling rigs (drilling equipment)[1]
- Market Cap ₹ 1,044 Cr.
- Current Price ₹ 3,402
- High / Low ₹ 3,670 / 3,002
- Stock P/E 33.6
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 39.1 %
- ROE 35.3 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 87.8 to 58.4 days.
- Company's working capital requirements have reduced from 141 days to 84.4 days
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.
Peer comparison
Sector: Engineering Industry: Engineering
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 85 | 101 | 110 | 212 | |
| 66 | 83 | 89 | 173 | |
| Operating Profit | 19 | 18 | 20 | 40 |
| OPM % | 22% | 18% | 19% | 19% |
| 2 | 5 | 4 | 9 | |
| Interest | 3 | 5 | 4 | 6 |
| Depreciation | 1 | 1 | 1 | 1 |
| Profit before tax | 16 | 17 | 20 | 41 |
| Tax % | 29% | 33% | 32% | 24% |
| 12 | 11 | 13 | 31 | |
| EPS in Rs | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 36% |
| TTM: | 94% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 39% |
| TTM: | 134% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 20% |
| Last Year: | 35% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Equity Capital | 3 | 0 | 0 | 0 |
| Reserves | 180 | 60 | 73 | 104 |
| 33 | 28 | 33 | 31 | |
| 54 | 38 | 55 | 104 | |
| Total Liabilities | 270 | 126 | 160 | 238 |
| 22 | 6 | 7 | 8 | |
| CWIP | 0 | 0 | 0 | 6 |
| Investments | 101 | 34 | 35 | 56 |
| 147 | 86 | 119 | 168 | |
| Total Assets | 270 | 126 | 160 | 238 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 1 | 28 | 6 | 44 | |
| -15 | -18 | 0 | -31 | |
| 14 | -10 | 1 | -8 | |
| Net Cash Flow | -0 | 0 | 7 | 6 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 191 | 86 | 119 | 58 |
| Inventory Days | 427 | 337 | 431 | 252 |
| Days Payable | 299 | 147 | 166 | 131 |
| Cash Conversion Cycle | 319 | 276 | 384 | 180 |
| Working Capital Days | 353 | 157 | 181 | 84 |
| ROCE % | 14% | 24% | 39% |
Documents
Announcements
-
Closure of Trading Window
10h - Closure of trading window for insider trading compliance.
- Newspaper Publication Of Unaudited Financial Results (Standalone) For The Quarter Ended 30Th June 2024 18 Sep
- Reg. 34 (1) Annual Report. 18 Sep
- Annual Report For FY2024 And Notice Of Annual General Meeting 18 Sep
-
Intimation Under Regulation 30(5) Of SEBI (LODR) Regulations, 2015
17 Sep - Authorization of personnel for materiality disclosures.
Business Overview:[1]
REIL is a part of Renaissance Group. It is an ISO 9001-2008 certified manufacturer blast hole drills and water well drills for various applications like mining, construction, waterwell, exploration, etc., and provides customized designs for customer-specific requirements. It has manufactured & sold over 1000 drillings rigs worldwide.