RACL Geartech Ltd

RACL Geartech Ltd

₹ 1,059 -0.34%
26 Nov - close price
About

Incorporated in 1983, RACL Geartech Ltd manufactures and exports automotive gears and components[1]

Key Points

Business Overview:[1][2]
RACL manufactures transmission gears and shafts for automotive and industrial applications. It has local and global Original Equipment Manufacturers in the auto and industrial segment as its long-standing customers. It has 22 Active Customers and 900+ SKUs

  • Market Cap 1,254 Cr.
  • Current Price 1,059
  • High / Low 1,348 / 648
  • Stock P/E 36.2
  • Book Value 278
  • Dividend Yield 0.00 %
  • ROCE 12.5 %
  • ROE 12.0 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company's working capital requirements have reduced from 17.2 days to 11.3 days

Cons

  • Promoter holding has decreased over last 3 years: -10.7%

* 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

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
88 97 95 88 102 113 114 105 102 109 101 100 117
67 73 73 66 78 86 90 83 83 85 82 81 93
Operating Profit 20 23 23 22 24 27 23 22 18 25 19 19 24
OPM % 23% 24% 24% 25% 23% 24% 21% 21% 18% 23% 19% 19% 21%
3 3 1 1 2 2 1 1 4 0 5 8 6
Interest 5 6 5 5 6 6 7 7 8 7 7 7 5
Depreciation 5 5 5 7 6 6 6 7 7 8 8 8 8
Profit before tax 13 16 14 12 14 17 12 8 7 10 9 11 16
Tax % 25% 26% 31% 25% 25% 27% 27% 26% 26% 25% 25% 26% 25%
10 12 10 9 10 12 8 6 5 8 7 8 12
EPS in Rs 9.15 11.13 8.85 8.14 9.46 11.51 7.81 5.81 4.63 7.11 6.19 7.03 10.20
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
104 107 117 116 136 190 212 204 271 358 417 417 428
90 92 103 101 118 158 169 152 213 276 320 332 341
Operating Profit 14 16 15 15 18 32 43 52 58 83 98 85 87
OPM % 13% 15% 13% 13% 13% 17% 20% 25% 21% 23% 23% 20% 20%
0 0 0 1 1 0 -1 3 3 8 4 8 19
Interest 6 7 6 5 6 6 8 8 12 21 24 29 27
Depreciation 4 4 4 4 5 8 11 16 16 19 25 30 32
Profit before tax 3 5 6 6 9 17 22 30 33 51 54 34 47
Tax % 45% 28% 35% 21% 9% 44% 22% 22% 27% 27% 26% 26%
2 4 4 5 8 10 17 23 24 37 40 26 35
EPS in Rs 2.09 3.61 3.73 5.18 7.92 9.50 15.75 21.69 22.21 34.74 36.92 23.74 30.53
Dividend Payout % 0% 0% 0% 0% 0% 0% 6% 5% 4% 4% 4% 0%
Compounded Sales Growth
10 Years: 15%
5 Years: 14%
3 Years: 15%
TTM: -1%
Compounded Profit Growth
10 Years: 22%
5 Years: 7%
3 Years: 2%
TTM: 8%
Stock Price CAGR
10 Years: 42%
5 Years: 55%
3 Years: 22%
1 Year: 26%
Return on Equity
10 Years: 19%
5 Years: 20%
3 Years: 19%
Last Year: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 9 10 10 10 10 10 11 11 11 11 11 11 12
Reserves 27 31 35 38 45 56 74 97 121 157 194 218 315
39 37 30 54 66 85 88 109 165 203 289 306 230
36 34 32 30 36 45 49 54 55 73 86 97 90
Total Liabilities 111 111 107 131 157 196 222 271 351 444 580 632 647
62 60 62 64 72 95 108 140 178 227 304 323 320
CWIP 1 0 0 0 0 0 0 1 4 2 6 5 9
Investments 0 0 0 0 0 0 0 0 0 0 0 2 2
48 51 45 67 85 101 114 130 170 215 269 303 317
Total Assets 111 111 107 131 157 196 222 271 351 444 580 632 647

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
6 4 10 9 5 19 33 39 11 60 35 64
-10 -2 -7 -5 -13 -31 -26 -49 -55 -76 -93 -46
4 -2 -3 -4 7 11 -7 10 44 18 57 -18
Net Cash Flow 1 0 0 -0 -1 -0 -0 0 -0 2 -0 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 55 58 27 98 109 98 92 99 104 86 101 123
Inventory Days 184 230 219 230 251 206 222 254 230 318 354 394
Days Payable 200 160 116 136 158 123 102 169 119 126 143 146
Cash Conversion Cycle 39 128 130 193 202 181 212 184 215 278 312 370
Working Capital Days -26 -15 -12 -3 20 29 38 41 27 22 19 11
ROCE % 13% 15% 15% 13% 13% 18% 20% 20% 18% 22% 18% 13%

Shareholding Pattern

Numbers in percentages

4 Recently
Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
53.39% 53.38% 53.35% 53.35% 53.34% 53.30% 53.33% 53.32% 53.31% 51.30% 42.67% 42.67%
0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.01% 0.00% 0.00% 0.03% 8.76% 8.68%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.04% 0.05% 0.05% 2.85% 2.86%
46.53% 46.54% 46.58% 46.58% 46.58% 46.62% 46.66% 46.64% 46.63% 48.62% 45.70% 45.78%
No. of Shareholders 12,95012,82613,34714,92416,70416,39516,59216,53515,97915,07615,26317,185

* 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

Concalls