Rexnord Electronics & Controls Ltd

Rexnord Electronics & Controls Ltd

₹ 126 -0.16%
25 Apr - close price
About

Incorporated in 1984, Rexnord Electronics & Controls Ltd is a manufacturer of instrument cooling fans & motors[1]

Key Points

Product Profile:
a) AC Axial Fan Plastic Impellor[1]
b) AC Axial Fan Metal Impellor[2]
c) Energy Saving Fan[3]
d) DC Brushless Fan[4]
e) Shaded Pole C Frame Motors[5]
f) BLDC Motors[6]
g) Aluminum Impeller[7]
h) Shaded Pole Q Frame Motors[8]
i) Metal Finger Guard[9]

  • Market Cap 140 Cr.
  • Current Price 126
  • High / Low 175 / 93.1
  • Stock P/E 20.7
  • Book Value 61.0
  • Dividend Yield 0.00 %
  • ROCE 18.6 %
  • ROE 14.5 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 18.2% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 9.36% over past five years.

* 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

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
14.21 17.72 16.18 16.96 18.16 19.77 21.61 22.93 20.79 23.15 24.92 23.48 22.57
11.62 14.27 13.50 14.36 14.64 15.99 17.28 19.31 17.45 20.61 20.70 19.88 19.75
Operating Profit 2.59 3.45 2.68 2.60 3.52 3.78 4.33 3.62 3.34 2.54 4.22 3.60 2.82
OPM % 18.23% 19.47% 16.56% 15.33% 19.38% 19.12% 20.04% 15.79% 16.07% 10.97% 16.93% 15.33% 12.49%
-1.27 -0.19 0.09 0.33 1.66 0.40 0.23 0.25 0.21 -1.80 0.27 0.33 0.37
Interest 0.14 0.14 0.18 0.12 0.24 0.34 0.45 0.41 0.43 0.33 0.38 0.37 0.45
Depreciation 0.40 0.38 0.37 0.42 0.53 0.52 0.52 0.54 0.57 0.82 0.84 0.87 1.03
Profit before tax 0.78 2.74 2.22 2.39 4.41 3.32 3.59 2.92 2.55 -0.41 3.27 2.69 1.71
Tax % 24.36% 29.56% 25.23% 25.10% 25.17% 25.30% 25.35% 25.00% 25.49% 12.20% 26.30% 25.28% 25.15%
0.58 1.93 1.66 1.78 3.30 2.47 2.69 2.20 1.90 -0.37 2.42 2.01 1.28
EPS in Rs 0.52 1.73 1.49 1.59 2.96 2.21 2.41 1.97 1.70 -0.33 2.17 1.80 1.15
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
27.08 30.52 39.99 52.59 51.51 56.71 56.55 62.61 65.23 50.16 71.07 88.47 94.12
24.16 26.27 35.34 46.01 45.86 50.16 49.86 55.10 57.40 42.68 58.22 74.63 80.94
Operating Profit 2.92 4.25 4.65 6.58 5.65 6.55 6.69 7.51 7.83 7.48 12.85 13.84 13.18
OPM % 10.78% 13.93% 11.63% 12.51% 10.97% 11.55% 11.83% 11.99% 12.00% 14.91% 18.08% 15.64% 14.00%
0.19 0.08 0.66 -0.06 0.27 0.69 0.56 0.79 0.69 -0.92 2.21 -1.13 -0.83
Interest 1.24 1.33 1.45 1.51 1.54 1.01 0.92 1.24 1.58 0.65 0.89 1.61 1.53
Depreciation 0.61 0.90 0.96 1.27 1.29 1.37 1.49 1.55 1.62 1.61 1.84 2.45 3.56
Profit before tax 1.26 2.10 2.90 3.74 3.09 4.86 4.84 5.51 5.32 4.30 12.33 8.65 7.26
Tax % 35.71% 32.86% 32.76% 33.16% 35.28% 32.72% 28.93% 28.13% 23.31% 28.14% 25.30% 25.78%
0.81 1.41 1.95 2.50 2.00 3.28 3.44 3.96 4.07 3.09 9.22 6.42 5.34
EPS in Rs 1.25 2.18 3.01 3.30 2.01 2.94 3.08 3.55 3.65 2.77 8.26 5.75 4.79
Dividend Payout % -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00%
Compounded Sales Growth
10 Years: 11%
5 Years: 9%
3 Years: 11%
TTM: 11%
Compounded Profit Growth
10 Years: 19%
5 Years: 18%
3 Years: 25%
TTM: -27%
Stock Price CAGR
10 Years: 33%
5 Years: 31%
3 Years: 52%
1 Year: -8%
Return on Equity
10 Years: 13%
5 Years: 14%
3 Years: 14%
Last Year: 14%

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 6.48 6.48 6.48 7.58 9.96 11.16 11.16 11.16 11.16 11.16 11.16 11.16 11.16
Reserves 2.58 3.98 5.94 8.68 11.49 16.51 19.95 23.91 28.00 31.13 40.33 46.74 56.89
8.92 9.43 8.69 9.62 7.94 4.72 9.45 9.01 8.55 5.60 14.15 12.73 11.85
6.36 7.72 9.36 11.95 10.47 9.56 9.34 6.97 13.12 8.25 8.46 8.75 9.34
Total Liabilities 24.34 27.61 30.47 37.83 39.86 41.95 49.90 51.05 60.83 56.14 74.10 79.38 89.24
13.80 13.78 14.52 16.15 15.64 16.37 17.10 16.87 19.17 19.32 31.95 28.20 28.72
CWIP -0.00 0.06 -0.00 0.13 0.13 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 0.03 0.19
Investments -0.00 -0.00 -0.00 -0.00 -0.00 0.50 2.40 1.22 2.56 3.78 2.83 2.00 2.00
10.54 13.77 15.95 21.55 24.09 25.08 30.40 32.96 39.10 33.04 39.32 49.15 58.33
Total Assets 24.34 27.61 30.47 37.83 39.86 41.95 49.90 51.05 60.83 56.14 74.10 79.38 89.24

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
3.94 1.34 6.32 0.25 1.32 3.42 0.27 2.11 6.40 11.87 10.82 3.12
-5.68 -0.90 -1.61 -3.78 -2.59 -0.24 -3.90 -1.01 -4.50 -6.04 -12.70 -0.23
1.18 -0.78 -1.86 2.54 -0.55 -1.84 3.87 -1.29 -2.11 -3.62 -0.19 -2.67
Net Cash Flow -0.56 -0.34 2.85 -1.00 -1.82 1.33 0.25 -0.19 -0.21 2.22 -2.08 0.23

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 54.99 59.20 38.33 42.20 56.69 46.73 52.28 39.06 48.63 18.56 14.33 24.55
Inventory Days 96.61 159.02 113.62 128.84 139.84 151.30 193.67 176.42 197.24 217.39 161.71 158.95
Days Payable 96.85 127.03 120.13 89.46 82.65 72.56 76.20 39.09 87.07 60.98 40.85 32.60
Cash Conversion Cycle 54.76 91.18 31.82 81.58 113.89 125.47 169.75 176.39 158.79 174.97 135.19 150.91
Working Capital Days 30.46 50.11 15.52 46.22 76.17 86.31 118.96 118.69 110.29 99.98 79.04 93.20
ROCE % 14.82% 18.43% 18.54% 23.54% 16.83% 19.00% 15.79% 16.14% 15.03% 13.97% 21.25% 18.57%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
69.84% 69.84% 69.84% 69.84% 69.84% 69.84% 69.84% 69.84% 69.84% 69.84% 69.42% 69.30%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
30.15% 30.15% 30.15% 30.15% 30.15% 30.15% 30.15% 30.16% 30.15% 30.16% 30.56% 30.69%
No. of Shareholders 6,5896,6816,3606,8656,8496,8577,9647,8858,4498,2658,9669,251

* 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.

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