Resurgere Mines & Minerals India Ltd

Resurgere Mines & Minerals India Ltd

₹ 0.40 0.00%
22 May 2017
About

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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2015 Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018
0 0 0 0 0 0 0 0 0 0 0 0 0
1 1 1 0 1 1 0 0 0 3 1 1 -0
Operating Profit -1 -0 -1 -0 -1 -1 -0 -0 -0 -3 -1 -1 0
OPM % -883% -281%
0 0 1 0 0 1 0 0 1 0 0 0 0
Interest 7 7 7 7 8 8 8 8 9 9 9 10 10
Depreciation 10 9 7 7 7 7 7 7 5 2 2 2 2
Profit before tax -17 -16 -15 -15 -16 -15 -15 -15 -14 -14 -11 -12 -11
Tax % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
-17 -16 -15 -15 -16 -15 -15 -15 -14 -14 -11 -12 -11
EPS in Rs -0.86 -0.79 -0.74 -0.74 -0.78 -0.75 -0.74 -0.74 -0.68 -0.72 -0.57 -0.60 -0.54
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

Mar 2016Jun 2016Sep 2016Dec 2016
18.89% 18.89% 18.89% 18.89%
0.29% 0.29% 0.29% 0.29%
80.82% 80.82% 80.82% 80.82%
No. of Shareholders 77,26376,73876,01175,880

* 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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