RACL Geartech Ltd
Incorporated in 1983, RACL Geartech Ltd manufactures and exports automotive gears and components[1]
- Market Cap ₹ 1,510 Cr.
- Current Price ₹ 1,276
- High / Low ₹ 1,692 / 805
- Stock P/E 32.3
- Book Value ₹ 299
- Dividend Yield 0.12 %
- ROCE 16.6 %
- ROE 16.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Dividend payout has been low at 1.41% of profits over last 3 years
- Promoter holding has decreased over last 3 years: -10.7%
- Working capital days have increased from 32.1 days to 66.3 days
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 107 | 117 | 116 | 136 | 190 | 212 | 204 | 271 | 358 | 417 | 417 | 478 | |
| 92 | 103 | 101 | 118 | 158 | 169 | 152 | 213 | 276 | 320 | 332 | 374 | |
| Operating Profit | 16 | 15 | 15 | 18 | 32 | 43 | 52 | 58 | 83 | 98 | 85 | 104 |
| OPM % | 15% | 13% | 13% | 13% | 17% | 20% | 25% | 21% | 23% | 23% | 20% | 22% |
| 0 | 0 | 1 | 1 | 0 | -1 | 3 | 3 | 8 | 4 | 8 | 22 | |
| Interest | 7 | 6 | 5 | 6 | 6 | 8 | 8 | 12 | 21 | 24 | 29 | 30 |
| Depreciation | 4 | 4 | 4 | 5 | 8 | 11 | 16 | 16 | 19 | 25 | 30 | 34 |
| Profit before tax | 5 | 6 | 6 | 9 | 17 | 22 | 30 | 33 | 51 | 54 | 34 | 63 |
| Tax % | 28% | 35% | 21% | 9% | 44% | 22% | 22% | 27% | 27% | 26% | 26% | 26% |
| 4 | 4 | 5 | 8 | 10 | 17 | 23 | 24 | 37 | 40 | 26 | 47 | |
| EPS in Rs | 3.61 | 3.73 | 5.18 | 7.92 | 9.50 | 15.75 | 21.69 | 22.21 | 34.74 | 36.92 | 23.74 | 39.50 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 6% | 5% | 4% | 4% | 4% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 19% |
| 3 Years: | 10% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 29% |
| 5 Years: | 14% |
| 3 Years: | 7% |
| TTM: | 79% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 47% |
| 5 Years: | 35% |
| 3 Years: | 10% |
| 1 Year: | 30% |
| Return on Equity | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 18% |
| 3 Years: | 16% |
| Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 11 | 11 | 11 | 11 | 11 | 11 | 12 |
| Reserves | 31 | 35 | 38 | 45 | 56 | 74 | 97 | 121 | 157 | 194 | 218 | 340 |
| 37 | 30 | 54 | 66 | 85 | 88 | 109 | 165 | 203 | 289 | 306 | 233 | |
| 34 | 32 | 30 | 36 | 45 | 49 | 54 | 55 | 73 | 86 | 97 | 108 | |
| Total Liabilities | 111 | 107 | 131 | 157 | 196 | 222 | 271 | 351 | 444 | 580 | 632 | 694 |
| 60 | 62 | 64 | 72 | 95 | 108 | 140 | 178 | 227 | 304 | 323 | 342 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 4 | 2 | 6 | 5 | 3 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 |
| 51 | 45 | 67 | 85 | 101 | 114 | 130 | 170 | 215 | 269 | 303 | 346 | |
| Total Assets | 111 | 107 | 131 | 157 | 196 | 222 | 271 | 351 | 444 | 580 | 632 | 694 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4 | 10 | 9 | 5 | 19 | 33 | 39 | 11 | 60 | 35 | 64 | 82 | |
| -2 | -7 | -5 | -13 | -31 | -26 | -49 | -55 | -76 | -93 | -46 | -53 | |
| -2 | -3 | -4 | 7 | 11 | -7 | 10 | 44 | 18 | 57 | -18 | -29 | |
| Net Cash Flow | 0 | 0 | -0 | -1 | -0 | -0 | 0 | -0 | 2 | -0 | -0 | 0 |
| Free Cash Flow | 2 | 4 | 4 | -8 | -12 | 7 | -10 | -44 | -15 | -58 | 18 | 29 |
| CFO/OP | 35% | 83% | 61% | 33% | 51% | 65% | 62% | 31% | 82% | 51% | 81% | 86% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 58 | 27 | 98 | 109 | 98 | 92 | 99 | 104 | 86 | 101 | 123 | 117 |
| Inventory Days | 230 | 219 | 230 | 251 | 206 | 222 | 254 | 230 | 318 | 354 | 394 | 373 |
| Days Payable | 160 | 116 | 136 | 158 | 123 | 102 | 169 | 119 | 126 | 143 | 146 | 159 |
| Cash Conversion Cycle | 128 | 130 | 193 | 202 | 181 | 212 | 184 | 215 | 278 | 312 | 370 | 331 |
| Working Capital Days | -15 | -12 | -3 | 20 | 29 | 38 | 41 | 27 | 22 | 19 | 11 | 66 |
| ROCE % | 15% | 15% | 13% | 13% | 18% | 20% | 20% | 18% | 22% | 18% | 13% | 17% |
Insights
In beta| Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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| Export Revenue Share % |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
28 May - Annual Secretarial Compliance Report for FY2025-26 notes one related-party approval deviation.
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Intimation Of Achievement Of Historic Consolidated Revenue Milestone
27 May - RACL Geartech reported record consolidated revenue of ₹512.42 crore for FY2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
27 May - Newspaper clippings of the published financial results
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Presentation On Financial Results Of The Company
26 May - RACL Geartech reports FY25-26 standalone revenue of Rs 500.22 Cr, consolidated revenue of Rs 512.42 Cr, PAT Rs 46.56 Cr.
- Audited Financial Results (Standalone And Consolidated) Of The Company 26 May
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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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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Concalls
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May 2026TranscriptAI SummaryPPT
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Mar 2026Transcript PPT REC
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Feb 2026TranscriptAI SummaryPPT
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Dec 2025Transcript PPT
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Nov 2025TranscriptAI SummaryPPT
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Aug 2025Transcript PPT
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Mar 2025TranscriptPPT
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Jan 2025TranscriptAI SummaryPPT
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Nov 2024Transcript PPT
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Nov 2024TranscriptAI SummaryPPT
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Aug 2024TranscriptPPT
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Jun 2024Transcript PPT
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May 2024TranscriptAI SummaryPPT
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Mar 2024Transcript PPT
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Dec 2023Transcript PPT REC
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Nov 2023TranscriptAI SummaryPPT
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Sep 2023TranscriptPPTREC
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Aug 2023TranscriptPPTREC
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Aug 2023TranscriptPPTREC
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Jun 2023Transcript PPT REC
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Jun 2023TranscriptPPTREC
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Apr 2023Transcript PPT
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Mar 2023TranscriptPPT REC
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Dec 2022Transcript PPT
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Oct 2022TranscriptAI SummaryPPT
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Jul 2022Transcript PPT REC
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Mar 2022Transcript PPT REC
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Dec 2021Transcript PPT REC
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Sep 2021Transcript PPT REC
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Jul 2021Transcript PPT REC
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Mar 2021Transcript PPT
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