Rockingdeals Circular Economy Ltd
Incorporated in 2005, Rocking Deals specializes in bulk trading of excess inventory, open-boxed inventory, re-commerce products, and refurbished products.[1]
- Market Cap ₹ 348 Cr.
- Current Price ₹ 615
- High / Low ₹ 688 / 256
- Stock P/E 66.8
- Book Value ₹ 62.0
- Dividend Yield 0.00 %
- ROCE 69.5 %
- ROE 75.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- 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 9.93 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.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
10.56 | 14.83 | 15.01 | 49.56 | |
9.92 | 14.50 | 12.44 | 42.03 | |
Operating Profit | 0.64 | 0.33 | 2.57 | 7.53 |
OPM % | 6.06% | 2.23% | 17.12% | 15.19% |
0.14 | 0.50 | 0.17 | 0.29 | |
Interest | 0.38 | 0.41 | 0.44 | 0.31 |
Depreciation | 0.38 | 0.23 | 0.25 | 0.27 |
Profit before tax | 0.02 | 0.19 | 2.05 | 7.24 |
Tax % | 200.00% | 21.05% | 24.39% | 28.04% |
-0.01 | 0.14 | 1.54 | 5.21 | |
EPS in Rs | -0.82 | 11.42 | 125.61 | 9.21 |
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 | Mar 2024 | |
---|---|---|---|---|
Equity Capital | 0.12 | 0.12 | 0.12 | 5.66 |
Reserves | 5.27 | 5.27 | 6.81 | 29.40 |
4.12 | 4.06 | 3.93 | 0.08 | |
9.12 | 4.52 | 1.40 | 5.00 | |
Total Liabilities | 18.63 | 13.97 | 12.26 | 40.14 |
4.32 | 4.07 | 3.92 | 5.47 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.01 | 0.01 | 0.01 | 0.01 |
14.30 | 9.89 | 8.33 | 34.66 | |
Total Assets | 18.63 | 13.97 | 12.26 | 40.14 |
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% |
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
26 September 2024 - Rockingdeals Circular Economy Limited has informed about Outcome of Meeting
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Reply to Clarification Sought
26 September 2024 - ROCKINGDCE: The Exchange had sought clarification from Rockingdeals Circular Economy Limited with respect to announcement dated 06-Sep-2024, regarding appointment of Mr. Tarun Goel as an …
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Clarification
24 September 2024 - ROCKINGDCE: The Exchange has sought clarification from Rockingdeals Circular Economy Limited with respect to announcement dated 06-Sep-2024, regarding appointment of Mr. Tarun Goel as an …
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Analysts/Institutional Investor Meet/Con. Call Updates
21 September 2024 - Rockingdeals Circular Economy Limited has informed about Schedule of meet
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Press Release
11 September 2024 - Rockingdeals Circular Economy Limited has informed regarding a press release dated September 10, 2024, titled "Incorporation of a subsidiary-Sustainquest Pvt Ltd.".
Annual reports
No data available.
Concalls
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Jun 2024Transcript PPT
Business Profile[1] Co. is a B2-B re-commerce player engaged in bulk trading of excess inventory, open-boxed inventory, re-commerce products, and refurbished products.
Its services enable other companies to dispose their excess inventory