Relicab Cable Manufacturing Ltd
Incorporated in 1992, Relicab Cable Manufacturing Ltd is an SME which does manufacturing and marketing of PVC Compounds, Wires and Cables
- Market Cap ₹ 104 Cr.
- Current Price ₹ 103
- High / Low ₹ 120 / 57.0
- Stock P/E
- Book Value ₹ 11.3
- Dividend Yield 0.00 %
- ROCE 17.2 %
- ROE 14.7 %
- Face Value ₹ 10.0
Pros
- Company's working capital requirements have reduced from 196 days to 139 days
Cons
- Stock is trading at 9.14 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 28.0%
- Company has a low return on equity of 3.19% over last 3 years.
- Promoters have pledged 99.9% of their holding.
- Debtor days have increased from 94.8 to 114 days.
- Promoter holding has decreased over last 3 years: -23.3%
* 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.
Peer comparison
Sector: Cables Industry: Cables - Power
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
15.77 | 11.97 | 11.09 | 11.83 | 15.50 | 18.70 | 21.00 | 22.54 | 12.26 | 14.59 | 33.60 | 34.73 | |
14.82 | 11.01 | 9.98 | 10.52 | 14.12 | 17.13 | 18.93 | 19.65 | 14.36 | 13.76 | 31.63 | 31.02 | |
Operating Profit | 0.95 | 0.96 | 1.11 | 1.31 | 1.38 | 1.57 | 2.07 | 2.89 | -2.10 | 0.83 | 1.97 | 3.71 |
OPM % | 6.02% | 8.02% | 10.01% | 11.07% | 8.90% | 8.40% | 9.86% | 12.82% | -17.13% | 5.69% | 5.86% | 10.68% |
0.07 | 0.05 | 0.05 | 0.10 | 0.11 | 0.16 | 0.23 | 0.29 | 1.84 | 0.23 | 0.11 | 0.13 | |
Interest | 0.83 | 0.88 | 1.01 | 1.12 | 1.11 | 1.36 | 1.42 | 1.39 | 1.70 | 1.73 | 1.54 | 2.19 |
Depreciation | 0.09 | 0.08 | 0.07 | 0.10 | 0.12 | 0.15 | 0.18 | 0.23 | 0.18 | 0.14 | 0.15 | 0.15 |
Profit before tax | 0.10 | 0.05 | 0.08 | 0.19 | 0.26 | 0.22 | 0.70 | 1.56 | -2.14 | -0.81 | 0.39 | 1.50 |
Tax % | 30.00% | 40.00% | 25.00% | 31.58% | 34.62% | 40.91% | 25.71% | 30.13% | 0.47% | -1.23% | 43.59% | 0.00% |
0.07 | 0.03 | 0.06 | 0.13 | 0.18 | 0.14 | 0.52 | 1.10 | -2.13 | -0.81 | 0.22 | 1.50 | |
EPS in Rs | 3.50 | 1.50 | 3.00 | 0.25 | 0.22 | 0.18 | 0.55 | 1.17 | -2.27 | -0.80 | 0.22 | 1.49 |
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: | 11% |
3 Years: | 41% |
TTM: | 3% |
Compounded Profit Growth | |
---|---|
10 Years: | 48% |
5 Years: | 24% |
3 Years: | 34% |
TTM: | 582% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 33% |
3 Years: | 61% |
1 Year: | 63% |
Return on Equity | |
---|---|
10 Years: | -1% |
5 Years: | -4% |
3 Years: | 3% |
Last Year: | 15% |
Balance Sheet
Figures in Rs. Crores
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 | 1.00 | 1.00 | 1.00 | 2.97 | 4.58 | 4.58 | 5.40 | 5.40 | 5.40 | 5.80 | 5.80 | 10.09 | 10.09 |
Reserves | 0.17 | 0.20 | 0.26 | 0.13 | 1.46 | 1.61 | 4.28 | 5.39 | 3.26 | 3.45 | 3.67 | 0.88 | 1.28 |
3.43 | 3.93 | 4.85 | 3.57 | 7.60 | 9.09 | 6.39 | 9.75 | 8.97 | 10.01 | 11.96 | 10.63 | 9.79 | |
3.66 | 4.71 | 3.49 | 4.43 | 2.30 | 3.78 | 5.73 | 5.73 | 7.45 | 10.14 | 11.02 | 13.59 | 14.97 | |
Total Liabilities | 8.26 | 9.84 | 9.60 | 11.10 | 15.94 | 19.06 | 21.80 | 26.27 | 25.08 | 29.40 | 32.45 | 35.19 | 36.13 |
0.51 | 0.49 | 0.42 | 0.39 | 0.63 | 0.58 | 1.08 | 0.91 | 0.74 | 0.58 | 0.64 | 0.60 | 1.78 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.29 | 0.29 | 0.29 |
Investments | 0.00 | 0.21 | 0.34 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
7.75 | 9.14 | 8.84 | 10.71 | 15.31 | 18.48 | 20.72 | 25.36 | 24.34 | 28.82 | 31.52 | 34.30 | 34.06 | |
Total Assets | 8.26 | 9.84 | 9.60 | 11.10 | 15.94 | 19.06 | 21.80 | 26.27 | 25.08 | 29.40 | 32.45 | 35.19 | 36.13 |
Cash Flows
Figures in Rs. Crores
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 | 0.67 | 0.17 | 0.56 | -4.79 | -0.15 | 3.21 | -3.39 | 2.63 | 1.00 | 0.03 | 3.74 | |
0.05 | -0.22 | -0.09 | -0.06 | -0.92 | -0.08 | -0.57 | 0.43 | 0.17 | -0.12 | -0.39 | 0.03 | |
-0.42 | -0.39 | -0.16 | -0.51 | 5.76 | 0.31 | -2.34 | 3.12 | -2.07 | 1.17 | 0.67 | -3.48 | |
Net Cash Flow | 0.10 | 0.06 | -0.08 | -0.01 | 0.05 | 0.09 | 0.29 | 0.16 | 0.72 | 2.04 | 0.30 | 0.28 |
Ratios
Figures in Rs. Crores
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 | 68.51 | 82.33 | 88.53 | 88.55 | 75.12 | 113.99 | 68.65 | 86.80 | 24.12 | 100.82 | 69.63 | 114.03 |
Inventory Days | 96.90 | 180.99 | 202.09 | 236.70 | 251.00 | 207.45 | 247.83 | 315.37 | 463.74 | 503.74 | 203.56 | 186.01 |
Days Payable | 89.37 | 162.18 | 131.56 | 176.61 | 63.87 | 84.80 | 105.98 | 94.52 | 193.38 | 302.79 | 139.29 | 172.89 |
Cash Conversion Cycle | 76.05 | 101.15 | 159.06 | 148.64 | 262.25 | 236.64 | 210.50 | 307.65 | 294.47 | 301.77 | 133.90 | 127.15 |
Working Capital Days | 72.91 | 106.12 | 142.84 | 141.00 | 247.26 | 234.61 | 173.64 | 263.63 | 324.21 | 306.96 | 142.20 | 139.25 |
ROCE % | 21.31% | 19.12% | 19.40% | 20.03% | 13.49% | 10.93% | 13.52% | 16.12% | -10.58% | 4.99% | 9.49% | 17.15% |
Documents
Announcements
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 14 May
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr
- Compliance With Regulation 7(3) Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 For The Year Ended 31St March, 2024. 18 Apr
- Compliance Of Regulation 40(9) And (10) Of The SEBI (Listing Regulations And Disclosure Requirements) Regulations, 2015 18 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
18 Apr - Certificate of compliance as per captioned subject is attached.
Product Profile:[1]
a) Copper Conductors[2]
b) Wires[3]
c) PVC Compounds[4]
d) Cables[5]
Products are further sub-categorized as:
Power And Control Cables, Uninyvin Cables, Instrumentation Cables, PVC Insulated Cables, PVC Sheathed Cables, Auto And Battery Cables, Submersible & Dewatering Cables, Flat Elevator Cable (Lift Cable), Screen Cables, Mains Cords and Connectors, Telecommunication Cables, Tailor Made Cables (Specialty Cables), Wire Harnesses, All Types Of PVC Compounds (Insulation, Sheathing, Inner sheath, HR, FR, FRLS & Master batches)