Resourceful Automobile Ltd

Resourceful Automobile Ltd

₹ 65.3 -2.00%
20 Dec - close price
About

Founded in 2018, Resourceful Automobile Limited, sells Yamaha two-wheelers under the brand name Sawhney Automobile.[1]

Key Points

Business Profile[1] Sawhney Automobile offers a diverse range of two-wheelers, including commuter bikes, sports bikes, cruisers, and scooters.

  • Market Cap 17.4 Cr.
  • Current Price 65.3
  • High / Low 128 / 47.6
  • Stock P/E 8.90
  • Book Value 56.1
  • Dividend Yield 0.00 %
  • ROCE 30.2 %
  • ROE 74.9 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 1.16 times its book value
  • Company has a good return on equity (ROE) track record: 3 Years ROE 60.4%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • 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: Trading Industry: Trading

Part of BSE SME IPO

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Half Yearly Results

Figures in Rs. Crores

Sep 2023 Sep 2024
6.62 8.12
5.62 8.34
Operating Profit 1.00 -0.22
OPM % 15.11% -2.71%
0.01 0.03
Interest 0.37 0.44
Depreciation 0.05 0.05
Profit before tax 0.59 -0.68
Tax % 25.42% 0.00%
0.44 -0.68
EPS in Rs 4.52 -2.56
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
11.03 12.30 18.83 18.50
10.90 11.57 17.87 15.68
Operating Profit 0.13 0.73 0.96 2.82
OPM % 1.18% 5.93% 5.10% 15.24%
0.23 0.18 0.54 0.82
Interest 0.15 0.40 0.76 0.94
Depreciation 0.21 0.13 0.14 0.10
Profit before tax 0.00 0.38 0.60 2.60
Tax % 26.32% 31.67% 25.38%
0.00 0.29 0.42 1.95
EPS in Rs 0.00 5.80 4.32 11.96
Dividend Payout % 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 19%
TTM: -2%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 364%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 60%
Last Year: 75%

Balance Sheet

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.50 0.50 0.97 1.63 2.66
Reserves -0.04 0.25 0.66 1.95 12.24
2.70 6.74 7.48 10.79 5.22
1.14 2.60 0.89 3.07 2.15
Total Liabilities 4.30 10.09 10.00 17.44 22.27
0.44 0.40 0.36 0.26 0.21
CWIP 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00
3.86 9.69 9.64 17.18 22.06
Total Assets 4.30 10.09 10.00 17.44 22.27

Cash Flows

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.54 -4.17 -0.25 -2.34
-0.18 -0.09 0.38 0.00
0.18 3.64 0.00 2.38
Net Cash Flow 0.54 -0.62 0.13 0.04

Ratios

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 4.96 40.06 1.74 24.86
Inventory Days 62.40 147.99 116.87 130.08
Days Payable 15.41 39.13 9.59 17.85
Cash Conversion Cycle 51.95 148.92 109.03 137.09
Working Capital Days 65.19 205.94 164.38 272.27
ROCE % 14.65% 16.39% 30.15%

Shareholding Pattern

Numbers in percentages

Sep 2024
61.41%
0.09%
38.50%
No. of Shareholders 629

* 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.

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