Rockingdeals Circular Economy Ltd

Rockingdeals Cir Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Rockingdeals Circular Economy Ltd

₹ 519 -1.41%
21 Nov 3:40 p.m.
Company website NSE - SME: ROCKINGDCE
About

Incorporated in 2002, Rockingdeals
Circular Economy Ltd trades mobile
phones, electronics, home appliances,
apparels, and various household-related
items[1]

Key Points

Business Overview:[1]
a) RDCEL specializes in B2B and B2C recommerce, offering bulk trading of excess and open-box inventory, refurbished products, etc.
b) Company has an extensive distribution network covering metros, Tier I, II, III cities, with a special emphasis on North-east markets.
c) Company offers a range of products sourced from brands like Livpure, Whirlpool, Puma, and Godrej. They prioritize quality and variety in categories including small home appliances, apparel, electronics, and serves to retailers, distributors, and corporations

Website NSE - SM
  • Market Cap ₹ 294 Cr.
  • Current Price ₹ 519
  • High / Low ₹ 688 / 256
  • Stock P/E 42.1
  • Book Value ₹ 67.6
  • Dividend Yield 0.00 %
  • ROCE 69.5 %
  • ROE 75.2 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 37.3%
  • Debtor days have improved from 51.9 to 16.4 days.
  • Company's working capital requirements have reduced from 98.1 days to 44.1 days

Cons

  • Stock is trading at 7.68 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend

* 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: Trading Industry: Trading

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2023 Mar 2024 Sep 2024
15.61 33.95 21.36
13.36 28.69 16.17
Operating Profit 2.25 5.26 5.19
OPM % 14.41% 15.49% 24.30%
0.04 0.26 0.04
Interest 0.23 0.07 0.23
Depreciation 0.12 0.15 0.68
Profit before tax 1.94 5.30 4.32
Tax % 25.77% 28.87% 25.93%
1.44 3.77 3.20
EPS in Rs 3.46 6.66 5.65
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
10.56 14.83 15.01 49.56 55.31
9.92 14.50 12.44 42.03 44.86
Operating Profit 0.64 0.33 2.57 7.53 10.45
OPM % 6.06% 2.23% 17.12% 15.19% 18.89%
0.14 0.50 0.17 0.29 0.30
Interest 0.38 0.41 0.44 0.31 0.30
Depreciation 0.38 0.23 0.25 0.27 0.83
Profit before tax 0.02 0.19 2.05 7.24 9.62
Tax % 200.00% 21.05% 24.39% 28.04%
-0.01 0.14 1.54 5.21 6.97
EPS in Rs -0.82 11.42 125.61 9.21 12.31
Dividend Payout % 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 67%
TTM: 230%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 374%
TTM: 238%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 37%
Last Year: 75%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Sep 2024
Equity Capital 0.12 0.12 0.12 5.66
Reserves 5.27 5.27 6.81 32.59
4.12 4.06 3.93 5.93
9.12 4.52 1.40 5.89
Total Liabilities 18.63 13.97 12.26 50.07
4.32 4.07 3.92 7.57
CWIP 0.00 0.00 0.00 0.00
Investments 0.01 0.01 0.01 0.02
14.30 9.89 8.33 42.48
Total Assets 18.63 13.97 12.26 50.07

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024
-1.50 0.56 0.42 -15.34
0.38 0.03 -0.09 -1.69
-0.19 -0.45 -0.56 18.76
Net Cash Flow -1.31 0.14 -0.24 1.73

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 143.79 85.40 53.98
Inventory Days 243.00 145.26 173.40
Days Payable 222.67 118.61 1.72
Cash Conversion Cycle 164.12 112.05 225.67
Working Capital Days 156.92 104.60 145.66
ROCE % 6.22% 24.52%

Shareholding Pattern

Numbers in percentages

Mar 2024Sep 2024
65.01% 65.01%
0.88% 0.03%
1.86% 0.18%
32.25% 34.79%
No. of Shareholders 339646

* 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.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

No data available.

Concalls