Rapid Investments Ltd
₹ 110
4.99%
22 Apr
- close price
About
Incorporated in 1978, Rapid Investments Ltd is engaged in the financial activities of granting of loans, making investments, etc.
Key Points
- Market Cap ₹ 14.4 Cr.
- Current Price ₹ 110
- High / Low ₹ 110 / 91.8
- Stock P/E 90.0
- Book Value ₹ 17.2
- Dividend Yield 0.00 %
- ROCE 3.06 %
- ROE 1.39 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 6.37 times its book value
- The company has delivered a poor sales growth of -19.9% over past five years.
- Company has a low return on equity of 0.47% over last 3 years.
- 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: Finance Industry: Finance & Investments
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.13 | 0.09 | 0.03 | 0.10 | 0.09 | 0.00 | 0.94 | 1.27 | 0.96 | 0.63 | 0.48 | 0.31 | 1.47 | |
| 0.10 | 0.07 | 0.05 | 0.09 | 0.09 | 0.08 | 0.39 | 1.07 | 0.94 | 0.62 | 0.49 | 0.29 | 1.13 | |
| Operating Profit | 0.03 | 0.02 | -0.02 | 0.01 | 0.00 | -0.08 | 0.55 | 0.20 | 0.02 | 0.01 | -0.01 | 0.02 | 0.34 |
| OPM % | 23.08% | 22.22% | -66.67% | 10.00% | 0.00% | 58.51% | 15.75% | 2.08% | 1.59% | -2.08% | 6.45% | 23.13% | |
| 0.00 | 0.00 | 0.03 | 0.00 | 0.00 | 0.08 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.05 | 0.13 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.01 | 0.00 | 0.00 | 0.01 | 0.23 |
| Depreciation | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.02 | 0.02 | 0.01 | 0.01 | 0.00 | 0.00 | 0.55 | 0.17 | 0.01 | 0.01 | 0.01 | 0.06 | 0.24 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 27.27% | 29.41% | 0.00% | 0.00% | 100.00% | 33.33% | |||
| 0.02 | 0.01 | 0.00 | 0.01 | 0.00 | 0.00 | 0.40 | 0.12 | 0.01 | 0.00 | 0.00 | 0.03 | 0.16 | |
| EPS in Rs | 0.21 | 0.10 | 0.00 | 0.10 | 0.00 | 0.00 | 4.17 | 0.92 | 0.08 | 0.00 | 0.00 | 0.23 | 1.23 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | -20% |
| 3 Years: | -31% |
| TTM: | 359% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | -40% |
| 3 Years: | 44% |
| TTM: | 1700% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 53% |
| 1 Year: | 22% |
| Return on Equity | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 2% |
| 3 Years: | 0% |
| Last Year: | 1% |
Balance Sheet
Figures in Rs. Crores
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 | 0.96 | 1.31 | 1.31 | 1.31 | 1.31 | 1.31 | 1.31 |
| Reserves | 0.24 | 0.25 | 0.26 | 0.27 | 0.27 | 0.21 | 0.62 | 0.82 | 0.82 | 0.83 | 0.83 | 0.86 | 0.95 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.01 | 5.99 | 4.86 | 0.52 | 0.27 | 0.00 | 0.05 | |
| 0.00 | 0.01 | 0.00 | 0.01 | 0.00 | 0.06 | 0.19 | 0.13 | 0.11 | 0.18 | 0.12 | 7.14 | 7.50 | |
| Total Liabilities | 1.20 | 1.22 | 1.22 | 1.24 | 1.23 | 1.23 | 7.78 | 8.25 | 7.10 | 2.84 | 2.53 | 9.31 | 9.81 |
| 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.01 | 1.21 | 1.14 | 1.23 | 0.00 | 1.21 | 1.93 | 0.12 | 0.18 | 0.00 | 0.00 | 0.19 | 8.97 |
| 1.14 | 0.01 | 0.08 | 0.01 | 1.23 | 0.02 | 5.85 | 8.13 | 6.91 | 2.83 | 2.52 | 9.12 | 0.83 | |
| Total Assets | 1.20 | 1.22 | 1.22 | 1.24 | 1.23 | 1.23 | 7.78 | 8.25 | 7.10 | 2.84 | 2.53 | 9.31 | 9.81 |
Cash Flows
Figures in Rs. Crores
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.03 | -0.01 | -0.03 | -0.08 | -0.09 | -0.08 | 0.66 | 1.65 | -0.34 | -3.78 | 0.32 | 0.43 | |
| -0.67 | -0.24 | 0.09 | 0.01 | 1.32 | -1.13 | -0.63 | 1.94 | -0.07 | 0.18 | 0.00 | -0.18 | |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.43 | 0.00 | 0.00 | -0.25 | -0.27 | |
| Net Cash Flow | -0.64 | -0.25 | 0.06 | -0.06 | 1.23 | -1.21 | 0.03 | 4.01 | -0.41 | -3.59 | 0.07 | -0.02 |
Ratios
Figures in Rs. Crores
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 116.49 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 116.49 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Working Capital Days | 28.08 | -40.56 | 0.00 | -36.50 | 0.00 | 46.60 | -14.37 | 437.24 | 353.41 | 106.46 | -7,912.26 | |
| ROCE % | 1.68% | 1.66% | 0.82% | 0.82% | 0.00% | 0.00% | 12.56% | 2.55% | 0.26% | 0.21% | 0.39% | 3.06% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 2d
- Board Meeting Outcome for Outcome Of The Board Meeting Held On April 24, 2024 As Per Regulation 30 Of The SEBI (LODR) Regulations, 2015, As Amended 24 Apr
- Board Meeting Intimation for Intimation For Board Meeting To Be Held On 24Th April ,2024. 19 Apr
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 17 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Apr - Certificate from RTA Link- Intime India Pvt. Ltd. in Compliance with Regulation 74(5) of SEBI (Depositories & Participants) Regulations, 2018 for the quarter ended 31.03.2024
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Services offered:[1][2]
a) Investment in shares, stocks, debentures, debenture stocks, bonds, obligations and securities issued, sold, transferred or guaranteed by any company.
b) To receive money, deposits on interest or otherwise and to lend money
c) Business of general finance, safe deposit, trust, legal trust, guarantee and to finance industrial enterprises.
d) Company has started financial advisory services and business for mutual investments
and loan against property.
Apart from these, company previously dealt
in ferrous and non ferrous metals, re-rollers, vehicles and agricultural products.