Revathi Equipment India Ltd
₹ 2,086
2.15%
12 Dec
3:02 p.m.
About
Incorporated in 2020, Revathi Equipment India Ltd designs and manufactures drilling rigs (drilling equipment)[1]
Key Points
- Market Cap ₹ 640 Cr.
- Current Price ₹ 2,086
- High / Low ₹ 3,670 / 1,785
- Stock P/E 20.6
- Book Value ₹ 382
- 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
- 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: Engineering Industry: Engineering
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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 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 3 | 0.00 | 0.00 | 0.00 | 3 |
| Reserves | 180 | 60 | 73 | 104 | 114 |
| 33 | 28 | 33 | 31 | 74 | |
| 54 | 38 | 55 | 104 | 68 | |
| Total Liabilities | 270 | 126 | 160 | 238 | 258 |
| 22 | 6 | 7 | 8 | 11 | |
| CWIP | 0 | 0 | 0 | 6 | 19 |
| Investments | 101 | 34 | 35 | 56 | 69 |
| 147 | 86 | 119 | 168 | 160 | |
| Total Assets | 270 | 126 | 160 | 238 | 258 |
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
-
Intimation Of Incorporation Of Limited Liability Partnership Wholly Controlled By The Company
26 Nov - Incorporation of Revathi Drilling Solutions LLP by the company.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
26 Oct - Results for the quarter and half year ended 30th September 2024 published in Newspapers.
-
Unaudited Financial Results For The Quarter And Half Year Ended 30Th September 2024
25 Oct - Unaudited financial results for Q2 FY2024 approved.
-
Board Meeting Intimation for Intimation Of Date Of Board Meeting Pursuant To Regulation 29(2) Of The SEBI (LODR), Regulations, 2015.
18 Oct - Board meeting on 25th October to approve financial results.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Oct - Certificate under Regulation 74(5) for Q2 2024.
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.