RACL Geartech Ltd

₹ 546 -2.07%
05 Aug - close price
About

RACL Geartech Limited, formerly Raunaq Automotive Components Limited, is an India-based company, which is engaged in automotive gears and components business.

Key Points

Marquee Clients [1]
Company manufactures high-precision products (various types of transmission gears and shafts) for the premium segment and has reputed global majors such as BMW, Kubota, Piaggio, Yamaha, KTM, BRP Rotax etc. as its key customers.

  • Market Cap 589 Cr.
  • Current Price 546
  • High / Low 754 / 420
  • Stock P/E 23.6
  • Book Value 122
  • Dividend Yield 0.18 %
  • ROCE 17.7 %
  • ROE 20.0 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 36.0% CAGR over last 5 years

Cons

* 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

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
52.82 55.96 55.81 47.74 22.66 48.45 65.24 67.26 57.17 69.01 74.82 70.21 78.23
44.13 45.41 43.66 38.03 18.51 36.31 47.85 50.04 44.22 53.67 58.73 57.41 63.17
Operating Profit 8.69 10.55 12.15 9.71 4.15 12.14 17.39 17.22 12.95 15.34 16.09 12.80 15.06
OPM % 16.45% 18.85% 21.77% 20.34% 18.31% 25.06% 26.66% 25.60% 22.65% 22.23% 21.50% 18.23% 19.25%
0.07 0.40 0.07 -0.02 0.75 1.40 0.23 1.73 0.35 0.51 0.25 2.77 2.59
Interest 1.70 1.72 1.86 3.16 1.45 2.59 2.49 1.93 2.27 2.36 3.47 4.30 5.16
Depreciation 2.33 2.33 2.44 4.18 2.73 2.81 3.36 7.51 4.08 3.66 3.89 4.08 4.42
Profit before tax 4.73 6.90 7.92 2.35 0.72 8.14 11.77 9.51 6.95 9.83 8.98 7.19 8.07
Tax % 32.98% 25.65% 29.42% -31.49% -111.11% 31.57% 22.85% 23.87% 27.34% 33.47% 16.26% 32.82% 25.03%
Net Profit 3.18 5.13 5.59 3.09 1.51 5.56 9.08 7.24 5.05 6.54 7.53 4.84 6.05
EPS in Rs 3.09 4.76 5.18 2.87 1.40 5.16 8.42 6.72 4.68 6.07 6.98 4.49 5.61

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
82 98 95 104 107 117 116 136 190 212 204 271 292
73 88 85 90 92 103 101 118 158 169 152 214 233
Operating Profit 9 10 10 14 16 15 15 18 32 43 52 57 59
OPM % 11% 10% 10% 13% 15% 13% 13% 13% 17% 20% 25% 21% 20%
1 2 2 0 0 0 1 1 0 -1 3 4 6
Interest 3 5 6 6 7 6 5 6 6 8 8 12 15
Depreciation 3 3 3 4 4 4 4 5 8 11 16 16 16
Profit before tax 4 4 2 3 5 6 6 9 17 22 30 33 34
Tax % 34% 33% 36% 45% 28% 35% 21% 9% 44% 22% 22% 27%
Net Profit 3 3 2 2 4 4 5 8 10 17 23 24 25
EPS in Rs 1.76 2.09 3.61 3.73 5.18 7.92 9.50 15.75 21.69 22.21 23.15
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 6% 5% 4%
Compounded Sales Growth
10 Years: 11%
5 Years: 19%
3 Years: 13%
TTM: 23%
Compounded Profit Growth
10 Years: 24%
5 Years: 36%
3 Years: 32%
TTM: -7%
Stock Price CAGR
10 Years: 47%
5 Years: 58%
3 Years: 109%
1 Year: -1%
Return on Equity
10 Years: 17%
5 Years: 21%
3 Years: 23%
Last Year: 20%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
8 9 9 9 10 10 10 10 10 11 11 11
Reserves 9 12 25 27 31 35 38 45 56 74 97 121
21 35 39 39 37 30 54 66 85 88 107 165
28 24 32 36 34 32 30 36 45 49 56 55
Total Liabilities 65 80 104 111 111 107 131 157 196 222 271 351
34 43 52 62 60 62 64 72 95 108 140 178
CWIP 0 1 5 1 0 0 0 0 0 0 1 4
Investments 0 0 0 0 0 0 0 0 0 0 0 0
31 37 47 48 51 45 67 85 101 114 130 170
Total Assets 65 80 104 111 111 107 131 157 196 222 271 351

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
6 -0 -4 6 4 10 9 5 19 33 46 12
-10 -12 -7 -10 -2 -7 -5 -13 -31 -26 -49 -56
4 12 11 4 -2 -3 -4 7 11 -7 3 44
Net Cash Flow 0 0 0 1 0 0 -0 -1 -0 -0 0 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 40 46 68 55 58 27 98 109 98 92 99 104
Inventory Days 144 131 173 184 230 219 230 251 206 222 254 230
Days Payable 123 95 160 200 160 116 136 158 123 102 169 119
Cash Conversion Cycle 61 83 82 39 128 130 193 202 181 212 184 215
Working Capital Days 27 39 45 39 51 37 123 130 113 113 104 163
ROCE % 20% 19% 13% 13% 15% 15% 13% 13% 18% 20% 20% 18%

Shareholding Pattern

Numbers in percentages

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
53.32 53.11 53.19 53.22 53.31 53.32 53.35 53.35 53.37 53.40 53.45 53.45
0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.06 0.08 0.08 0.08 0.09
0.00 0.04 0.00 0.00 0.00 0.00 0.01 0.01 0.00 0.00 0.00 0.01
46.68 46.85 46.81 46.78 46.68 46.68 46.61 46.58 46.54 46.51 46.47 46.46

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