RIR Power Electronics Ltd

RIR Power Electronics Ltd

₹ 2,201 5.00%
26 Apr - close price
About

Ruttonsha is engaged in manufacturing of traditional semiconductor devices such as bridges, power modules, diodes , rectifiers and thyristors. [1]

Key Points

Business Segment
Semiconductor devices: It manufactures low and high-power semiconductor devices like diodes, thyristors modules, and bridge rectifiers by processing chips from 28mm to 125 mm in diameter.
Power Equipment: It manufactures equipment like Rectifiers, Battery Chargers, High Power Stacks, and Rectifier Panels used in diverse industrial sectors. [1]

  • Market Cap 1,532 Cr.
  • Current Price 2,201
  • High / Low 2,201 / 307
  • Stock P/E 239
  • Book Value 57.1
  • Dividend Yield 0.07 %
  • ROCE 25.3 %
  • ROE 22.3 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 53.3% CAGR over last 5 years

Cons

  • Stock is trading at 38.5 times its book value
  • Promoter holding has decreased over last quarter: -0.77%
  • Earnings include an other income of Rs.3.15 Cr.

* 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.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
8.84 10.15 8.65 10.57 11.74 11.36 12.11 14.91 14.06 16.26 13.87 16.61 14.71
7.67 9.22 7.68 8.94 10.81 10.02 10.48 12.40 11.74 14.53 12.08 13.99 13.09
Operating Profit 1.17 0.93 0.97 1.63 0.93 1.34 1.63 2.51 2.32 1.73 1.79 2.62 1.62
OPM % 13.24% 9.16% 11.21% 15.42% 7.92% 11.80% 13.46% 16.83% 16.50% 10.64% 12.91% 15.77% 11.01%
0.06 0.50 0.40 -0.75 0.34 0.55 0.48 0.54 0.58 1.09 0.87 0.69 0.50
Interest 0.14 0.15 0.18 0.16 0.13 0.17 0.17 0.22 0.29 0.36 0.32 0.30 0.32
Depreciation 0.29 0.28 0.26 0.26 0.27 0.27 0.30 0.30 0.30 0.30 0.26 0.26 0.27
Profit before tax 0.80 1.00 0.93 0.46 0.87 1.45 1.64 2.53 2.31 2.16 2.08 2.75 1.53
Tax % 38.75% 33.00% 29.03% -39.13% 36.78% 32.41% 29.88% 28.46% 1.30% 33.80% 25.00% 27.64% 5.88%
0.50 0.68 0.66 0.63 0.55 0.97 1.16 1.81 2.28 1.43 1.56 1.99 1.43
EPS in Rs 0.72 0.98 0.95 0.91 0.79 1.39 1.67 2.60 3.28 2.06 2.24 2.86 2.06
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
28.08 29.94 22.42 26.99 28.96 28.26 31.80 43.05 33.58 30.07 42.33 57.33 61.45
23.42 25.49 20.78 24.62 25.58 25.02 28.41 37.94 30.77 27.20 37.46 49.13 53.69
Operating Profit 4.66 4.45 1.64 2.37 3.38 3.24 3.39 5.11 2.81 2.87 4.87 8.20 7.76
OPM % 16.60% 14.86% 7.31% 8.78% 11.67% 11.46% 10.66% 11.87% 8.37% 9.54% 11.50% 14.30% 12.63%
0.40 0.51 0.60 0.42 0.32 0.29 0.27 0.53 0.82 0.68 0.54 2.68 3.15
Interest 1.38 1.30 1.40 1.41 1.37 1.48 1.36 1.00 0.84 0.58 0.64 1.04 1.30
Depreciation 1.11 1.18 1.13 1.13 1.13 1.15 1.15 1.08 1.13 1.12 1.07 1.19 1.09
Profit before tax 2.57 2.48 -0.29 0.25 1.20 0.90 1.15 3.56 1.66 1.85 3.70 8.65 8.52
Tax % 24.90% 22.58% 0.00% -24.00% 20.83% 25.56% 30.43% 26.97% 15.06% 28.11% 24.05% 22.66%
1.93 1.92 -0.29 0.31 0.95 0.67 0.79 2.60 1.42 1.33 2.82 6.68 6.41
EPS in Rs 2.77 2.76 -0.42 0.45 1.37 0.96 1.14 3.74 2.04 1.91 4.05 9.60 9.22
Dividend Payout % 27.05% 27.19% 0.00% 0.00% 0.00% 0.00% 0.00% 26.46% 0.00% 0.00% 24.47% 15.58%
Compounded Sales Growth
10 Years: 7%
5 Years: 13%
3 Years: 20%
TTM: 17%
Compounded Profit Growth
10 Years: 13%
5 Years: 53%
3 Years: 68%
TTM: 3%
Stock Price CAGR
10 Years: 71%
5 Years: 126%
3 Years: 246%
1 Year: 608%
Return on Equity
10 Years: 10%
5 Years: 14%
3 Years: 15%
Last Year: 22%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 6.96 6.96 6.96 6.96 6.96 6.87 6.88 6.88 6.88 6.88 6.90 6.94 6.96
Reserves 5.11 6.43 6.13 6.45 7.40 9.66 10.63 13.24 13.77 15.18 19.23 26.80 32.77
Preference Capital 4.05 4.05 4.05 4.05 4.05 0.00 2.04 2.28 2.54 2.84 0.00 0.00
8.92 8.90 9.20 8.57 8.66 9.92 8.17 5.36 3.01 0.45 6.86 9.88 9.78
11.80 12.84 10.56 11.25 13.77 8.50 12.91 10.72 8.12 11.16 8.77 9.45 9.07
Total Liabilities 32.79 35.13 32.85 33.23 36.79 34.95 38.59 36.20 31.78 33.67 41.76 53.07 58.58
12.61 11.90 11.18 10.39 9.72 9.10 8.20 7.50 7.00 6.28 7.77 6.46 6.75
CWIP 0.00 0.07 0.04 0.05 0.05 0.00 0.00 0.00 0.05 0.70 0.00 0.04 0.14
Investments 0.08 0.08 0.08 0.08 0.08 0.00 0.00 0.00 0.00 0.00 2.10 2.10 2.10
20.10 23.08 21.55 22.71 26.94 25.85 30.39 28.70 24.73 26.69 31.89 44.47 49.59
Total Assets 32.79 35.13 32.85 33.23 36.79 34.95 38.59 36.20 31.78 33.67 41.76 53.07 58.58

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.47 2.19 1.68 1.90 1.10 2.12 1.00 3.86 4.51 3.74 1.55 -3.09
-0.34 -0.39 -0.25 -0.14 -0.32 -0.33 0.09 -0.32 -0.64 -1.01 -4.26 -0.78
-0.68 -1.77 -1.53 -1.86 -0.96 -1.86 -1.07 -3.58 -3.83 -2.78 2.71 3.88
Net Cash Flow -0.55 0.03 -0.10 -0.09 -0.18 -0.07 0.03 -0.04 0.04 -0.05 0.00 0.01

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 156.24 173.60 150.59 124.28 147.59 179.66 162.07 120.39 109.57 136.80 90.02 104.73
Inventory Days 115.70 120.74 250.94 225.18 251.04 207.89 254.04 159.04 225.38 250.49 210.12 182.50
Days Payable 77.27 81.30 81.62 78.23 122.73 87.35 122.98 63.84 48.28 103.68 79.12 65.99
Cash Conversion Cycle 194.67 213.05 319.91 271.23 275.90 300.19 293.13 215.60 286.66 283.61 221.02 221.24
Working Capital Days 168.20 182.13 253.32 221.38 228.00 248.37 242.87 180.85 219.24 228.44 198.41 220.03
ROCE % 16.57% 14.75% 4.06% 6.34% 9.68% 8.89% 9.27% 16.44% 9.27% 9.43% 18.62% 25.30%

Shareholding Pattern

Numbers in percentages

11 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
71.80% 71.80% 71.80% 71.75% 71.75% 71.75% 71.74% 71.74% 71.74% 71.51% 70.50% 69.73%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
28.18% 28.18% 28.18% 28.23% 28.23% 28.25% 28.24% 28.25% 28.24% 28.48% 29.48% 30.26%
No. of Shareholders 3,5063,6694,0248,1099,0369,6748,8348,3757,9368,06010,40911,863

* 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.

Documents