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 ₹ 71.5 Cr.
- Current Price ₹ 70.8
- High / Low ₹ 156 / 44.6
- Stock P/E 31.2
- Book Value ₹ 13.0
- Dividend Yield 0.00 %
- ROCE 20.3 %
- ROE 13.5 %
- Face Value ₹ 10.0
Pros
Cons
- 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 10.4% over last 3 years.
- Promoters have pledged 99.9% of their holding.
- Company's cost of borrowing seems high
* 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 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
11.97 | 11.09 | 11.83 | 15.50 | 18.70 | 21.00 | 22.54 | 12.26 | 14.59 | 33.60 | 34.56 | 38.02 | 37.95 | |
11.01 | 9.98 | 10.52 | 14.12 | 17.13 | 18.93 | 19.65 | 14.36 | 13.76 | 31.63 | 31.28 | 33.63 | 32.52 | |
Operating Profit | 0.96 | 1.11 | 1.31 | 1.38 | 1.57 | 2.07 | 2.89 | -2.10 | 0.83 | 1.97 | 3.28 | 4.39 | 5.43 |
OPM % | 8.02% | 10.01% | 11.07% | 8.90% | 8.40% | 9.86% | 12.82% | -17.13% | 5.69% | 5.86% | 9.49% | 11.55% | 14.31% |
0.05 | 0.05 | 0.10 | 0.11 | 0.16 | 0.23 | 0.29 | 1.84 | 0.23 | 0.11 | 0.50 | 0.31 | 0.11 | |
Interest | 0.88 | 1.01 | 1.12 | 1.11 | 1.36 | 1.42 | 1.39 | 1.70 | 1.73 | 1.54 | 2.19 | 2.76 | 2.53 |
Depreciation | 0.08 | 0.07 | 0.10 | 0.12 | 0.15 | 0.18 | 0.23 | 0.18 | 0.14 | 0.15 | 0.15 | 0.20 | 0.15 |
Profit before tax | 0.05 | 0.08 | 0.19 | 0.26 | 0.22 | 0.70 | 1.56 | -2.14 | -0.81 | 0.39 | 1.44 | 1.75 | 2.86 |
Tax % | 40.00% | 25.00% | 31.58% | 34.62% | 40.91% | 25.71% | 30.13% | -0.47% | 1.23% | 43.59% | 0.00% | 12.00% | |
0.03 | 0.06 | 0.13 | 0.18 | 0.14 | 0.52 | 1.10 | -2.13 | -0.81 | 0.22 | 1.45 | 1.54 | 2.29 | |
EPS in Rs | 1.50 | 3.00 | 0.25 | 0.22 | 0.18 | 0.55 | 1.17 | -2.27 | -0.80 | 0.22 | 1.44 | 1.53 | 2.27 |
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: | 13% |
5 Years: | 11% |
3 Years: | 38% |
TTM: | 3% |
Compounded Profit Growth | |
---|---|
10 Years: | 38% |
5 Years: | 7% |
3 Years: | 57% |
TTM: | 32% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 28% |
3 Years: | 36% |
1 Year: | -30% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | -3% |
3 Years: | 10% |
Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1.00 | 1.00 | 2.97 | 4.58 | 4.58 | 5.40 | 5.40 | 5.40 | 5.80 | 5.80 | 10.09 | 10.09 | 10.09 |
Reserves | 0.20 | 0.26 | 0.13 | 1.46 | 1.61 | 4.28 | 5.39 | 3.26 | 3.45 | 3.67 | 0.83 | 1.80 | 2.98 |
3.93 | 4.85 | 3.57 | 7.60 | 9.09 | 6.39 | 9.75 | 8.97 | 10.01 | 11.96 | 10.63 | 10.92 | 10.46 | |
4.71 | 3.49 | 4.43 | 2.30 | 3.78 | 5.73 | 5.73 | 7.45 | 10.14 | 11.02 | 13.59 | 11.16 | 10.66 | |
Total Liabilities | 9.84 | 9.60 | 11.10 | 15.94 | 19.06 | 21.80 | 26.27 | 25.08 | 29.40 | 32.45 | 35.14 | 33.97 | 34.19 |
0.49 | 0.42 | 0.39 | 0.63 | 0.58 | 1.08 | 0.91 | 0.74 | 0.58 | 0.64 | 0.60 | 0.99 | 1.28 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.29 | 0.29 | 0.32 | 0.00 |
Investments | 0.21 | 0.34 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
9.14 | 8.84 | 10.71 | 15.31 | 18.48 | 20.72 | 25.36 | 24.34 | 28.82 | 31.52 | 34.25 | 32.66 | 32.91 | |
Total Assets | 9.84 | 9.60 | 11.10 | 15.94 | 19.06 | 21.80 | 26.27 | 25.08 | 29.40 | 32.45 | 35.14 | 33.97 | 34.19 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.67 | 0.17 | 0.56 | -4.79 | -0.15 | 3.21 | -3.39 | 2.63 | 1.00 | 0.03 | 3.74 | 3.45 | |
-0.22 | -0.09 | -0.06 | -0.92 | -0.08 | -0.57 | 0.43 | 0.17 | -0.12 | -0.39 | 0.03 | -0.32 | |
-0.39 | -0.16 | -0.51 | 5.76 | 0.31 | -2.34 | 3.12 | -2.07 | 1.17 | 0.67 | -3.48 | -3.69 | |
Net Cash Flow | 0.06 | -0.08 | -0.01 | 0.05 | 0.09 | 0.29 | 0.16 | 0.72 | 2.04 | 0.30 | 0.28 | -0.57 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 82.33 | 88.53 | 88.55 | 75.12 | 113.99 | 68.65 | 86.80 | 24.12 | 100.82 | 69.63 | 114.59 | 96.29 |
Inventory Days | 180.99 | 202.09 | 236.70 | 251.00 | 207.45 | 247.83 | 315.37 | 463.74 | 503.74 | 203.56 | 185.94 | 185.26 |
Days Payable | 162.18 | 131.56 | 176.61 | 63.87 | 84.80 | 105.98 | 94.52 | 193.38 | 302.79 | 139.29 | 172.83 | 129.88 |
Cash Conversion Cycle | 101.15 | 159.06 | 148.64 | 262.25 | 236.64 | 210.50 | 307.65 | 294.47 | 301.77 | 133.90 | 127.70 | 151.67 |
Working Capital Days | 106.12 | 142.84 | 141.00 | 247.26 | 234.61 | 173.64 | 263.63 | 324.21 | 306.96 | 142.20 | 139.83 | 143.14 |
ROCE % | 19.12% | 19.40% | 20.03% | 13.49% | 10.93% | 13.52% | 16.12% | -10.58% | 4.99% | 9.49% | 16.89% | 20.29% |
Documents
Announcements
-
Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
23h - Relicab confirms non-applicability of SEBI annual disclosure as it is not a Large Corporate.
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
2d - Relicab confirms non-applicability as Large Corporate under SEBI debt issuance circular.
-
Announcement Under Regulation 30 (LODR) - Approval Of Products Under The Brand "RELICAB" For Supply And Use In MHADA Works.
16 Apr - Relicab gets MHADA approval for cable supply for 2 years.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Apr - Certificate under Regulation 74(5) for Q1 2025.
- Closure of Trading Window 27 Mar
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)