Resurgere Mines & Minerals India Ltd
Resurgere Mines & Minerals India Limited is a Public Limited Company engaged in the business of extraction,processing & sale of Ore and exploration & development of mining assets. Presently the Company is enjoying longterm raising and purchasing rights for Bauxite Mine in the State of Maharashtra and mining rights for Soapstone in theState of Rajasthan.
The Company has also 99.98 % equity holding in Shri Warana Minerals (India) Pvt. Ltd. having another bauxite mine inthe State of Maharashtra through its wholly owned subsidiary i.e. Warana Minerals Private Limited.(Source 2015 Annual Report)
- Market Cap ₹ 7.95 Cr.
- Current Price ₹ 0.40
- High / Low ₹ /
- Stock P/E
- Book Value ₹ 14.8
- Dividend Yield 0.00 %
- ROCE -7.09 %
- ROE -14.9 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.03 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -80.8% over past five years.
- Company has a low return on equity of -12.5% over last 3 years.
- Contingent liabilities of Rs.24.5 Cr.
- Company has high debtors of 7,39,695 days.
- Company's cost of borrowing seems high
* 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: Mining & Mineral products Industry: Mining / Minerals / Metals
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
85 | 164 | 403 | 434 | 526 | 611 | 54 | 0 | 0 | 0 | 0 | 0 | |
70 | 113 | 295 | 384 | 469 | 568 | 56 | 4 | 3 | 2 | 3 | 5 | |
Operating Profit | 15 | 51 | 108 | 50 | 57 | 43 | -2 | -4 | -3 | -2 | -3 | -5 |
OPM % | 17% | 31% | 27% | 12% | 11% | 7% | -3% | -3,292% | -4,100% | -822% | -1,638% | |
0 | 0 | 1 | 5 | 9 | 8 | 5 | 3 | 2 | 2 | 2 | 2 | |
Interest | 0 | 1 | 4 | 10 | 14 | 18 | 18 | 19 | 21 | 24 | 27 | 37 |
Depreciation | 0 | 0 | 2 | 13 | 7 | 26 | 62 | 47 | 34 | 41 | 40 | 7 |
Profit before tax | 14 | 50 | 103 | 32 | 45 | 8 | -77 | -68 | -56 | -64 | -67 | -48 |
Tax % | 35% | 37% | 38% | 33% | 38% | 42% | 0% | 0% | 6% | 0% | 0% | |
9 | 32 | 64 | 22 | 28 | 4 | -77 | -68 | -59 | -64 | -67 | -48 | |
EPS in Rs | 2.48 | 3.16 | 0.22 | -3.87 | -3.42 | -2.96 | -3.24 | -3.37 | -2.43 | |||
Dividend Payout % | 1% | 3% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -47% |
5 Years: | -81% |
3 Years: | 7% |
TTM: | -30% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 1% |
TTM: | 17% |
Stock Price CAGR | |
---|---|
10 Years: | -12% |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | -4% |
5 Years: | -12% |
3 Years: | -12% |
Last Year: | -15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Sep 2018 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4 | 18 | 24 | 29 | 29 | 199 | 199 | 199 | 199 | 199 | 199 | 199 |
Reserves | 9 | 35 | 203 | 330 | 379 | 510 | 447 | 387 | 341 | 282 | 223 | 96 |
9 | 7 | 55 | 116 | 122 | 122 | 119 | 117 | 117 | 117 | 117 | 117 | |
30 | 44 | 78 | 49 | 54 | 171 | 225 | 242 | 268 | 293 | 321 | 408 | |
Total Liabilities | 52 | 103 | 360 | 524 | 584 | 1,002 | 990 | 945 | 925 | 890 | 860 | 821 |
2 | 2 | 2 | 13 | 182 | 199 | 176 | 153 | 131 | 100 | 70 | 16 | |
CWIP | 0 | 0 | 60 | 183 | 16 | 161 | 161 | 161 | 161 | 161 | 161 | 0 |
Investments | 0 | 0 | 19 | 26 | 19 | 20 | 23 | 23 | 23 | 23 | 22 | 20 |
49 | 100 | 279 | 301 | 366 | 623 | 630 | 609 | 611 | 607 | 607 | 785 | |
Total Assets | 52 | 103 | 360 | 524 | 584 | 1,002 | 990 | 945 | 925 | 890 | 860 | 821 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | |
---|---|---|---|---|---|---|---|---|---|---|---|
-7 | -17 | -51 | -20 | -28 | -114 | 14 | 18 | 20 | 22 | 24 | |
-0 | -0 | -79 | -137 | 8 | -176 | -1 | 2 | 1 | 2 | 3 | |
7 | 18 | 140 | 164 | 14 | 280 | -17 | -20 | -21 | -24 | -27 | |
Net Cash Flow | -0 | 1 | 9 | 7 | -6 | -9 | -4 | 0 | -0 | 0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 61 | 75 | 67 | 109 | 110 | 181 | 2,196 | 910,843 | 1,691,514 | 514,634 | 739,695 |
Inventory Days | 158 | 144 | 39 | 48 | 34 | 208 | 28,176 | 253,584 | |||
Days Payable | 23 | 33 | 42 | 21 | 127 | 1,174 | 155,885 | 1,397,585 | |||
Cash Conversion Cycle | 61 | 210 | 178 | 106 | 137 | 87 | 1,230 | 783,134 | 1,691,514 | 514,634 | -404,306 |
Working Capital Days | 77 | 118 | 164 | 188 | 208 | 222 | 2,435 | 971,293 | 1,737,609 | 500,891 | 679,151 |
ROCE % | 126% | 63% | 11% | 12% | 4% | -7% | -7% | -5% | -6% | -7% |
Documents
Announcements
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Statement Of Investor Complaints For The Quarter Ended March 2019
30 Apr 2019 - No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter …
- Outcome Of Board Meeting Held On March 01, 2019, As Per Regulation 30 Of The SEBI (Listing Obligation And Disclosure Requirements), 2015. 1 Mar 2019
- Subject: - Outcome Of Board Meeting Held On March 01, 2019 As Per Regulation 30(2) Of The SEBI (Listing Obligation And Disclosure Requirements), 2015 1 Mar 2019
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Board Meeting Intimation for Intimation Of Board Meeting To Be Held On 1St March, For Consideration Of Unaudited Financial Results For The Second Quarter Ended September 30, 2018 And Third Quarter Ended December 31, 2018
21 Feb 2019 - Board meeting on March 1 to approve Q2 and Q3 results.
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Statement Of Investor Complaints For The Quarter Ended December 2018
31 Jan 2019 - No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter …