Rex Sealing & Packing Industries Ltd
Incorporated in 2005, Rex Sealing and Packing Industries Limited is a manufacturer and exporter of Sealing packing and Insulation products including Jointing Sheets, Fabric Expansion Joints, Gland packing & Ropes, High-Temperature resistant textiles, Ceramic Fiber Products, etc.[1]
- Market Cap ₹ 23.0 Cr.
- Current Price ₹ 104
- High / Low ₹ 152 / 84.6
- Stock P/E
- Book Value ₹ 58.6
- Dividend Yield 0.00 %
- ROCE 7.94 %
- ROE 3.08 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 4.79% over last 3 years.
- 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.
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|
20.72 | 20.06 | 17.03 | 21.08 | 25.10 | 27.68 | |
17.84 | 17.57 | 15.74 | 19.74 | 24.02 | 27.01 | |
Operating Profit | 2.88 | 2.49 | 1.29 | 1.34 | 1.08 | 0.67 |
OPM % | 13.90% | 12.41% | 7.57% | 6.36% | 4.30% | 2.42% |
0.24 | 0.12 | 0.12 | 0.08 | 0.35 | 0.31 | |
Interest | 0.62 | 0.59 | 0.49 | 0.40 | 0.49 | 0.42 |
Depreciation | 0.57 | 0.48 | 0.39 | 0.34 | 0.41 | 0.57 |
Profit before tax | 1.93 | 1.54 | 0.53 | 0.68 | 0.53 | -0.01 |
Tax % | 24.87% | 26.62% | 30.19% | 19.12% | 39.62% | |
1.44 | 1.13 | 0.37 | 0.55 | 0.32 | -0.40 | |
EPS in Rs | 45.00 | 35.31 | 11.56 | 2.86 | 1.44 | -1.80 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 8% |
TTM: | 14% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -34% |
TTM: | -137% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -26% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 5% |
Last Year: | 3% |
Balance Sheet
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|
Equity Capital | 0.32 | 0.32 | 0.32 | 1.92 | 2.22 | 2.22 |
Reserves | 6.07 | 7.01 | 7.38 | 6.32 | 10.33 | 10.78 |
6.23 | 4.37 | 3.39 | 3.78 | 1.11 | 2.14 | |
1.08 | 1.87 | 2.08 | 2.41 | 4.09 | 3.19 | |
Total Liabilities | 13.70 | 13.57 | 13.17 | 14.43 | 17.75 | 18.33 |
2.37 | 2.06 | 1.85 | 1.81 | 2.33 | 2.46 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
11.33 | 11.51 | 11.32 | 12.62 | 15.42 | 15.87 | |
Total Assets | 13.70 | 13.57 | 13.17 | 14.43 | 17.75 | 18.33 |
Cash Flows
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
0.89 | 2.62 | 1.61 | 0.15 | -1.12 | |
-0.17 | -0.19 | -0.15 | -0.15 | 0.24 | |
-0.72 | -2.42 | -1.45 | 0.00 | 0.89 | |
Net Cash Flow | 0.01 | 0.01 | 0.02 | -0.01 | 0.02 |
Ratios
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
Debtor Days | 106.22 | 81.88 | 75.44 | 81.73 | 67.91 |
Inventory Days | 83.96 | 139.67 | 178.30 | 155.43 | 135.38 |
Days Payable | 11.02 | 43.74 | 50.79 | 54.42 | 63.83 |
Cash Conversion Cycle | 179.16 | 177.80 | 202.95 | 182.74 | 139.45 |
Working Capital Days | 143.04 | 140.83 | 152.17 | 150.12 | 157.05 |
ROCE % | 17.52% | 8.95% | 9.35% | 7.94% |
Documents
Announcements
-
Compliance Certificate-Regulation 7(3) Of SEBI LODR 2015
1d - The activities in relation to the electronic share transfer facility for the period ended 31 March, 2024 are maintained by the Company''s Registrar and Share …
- CERTIFICATE UNDER REG 40(9) OF SEBI LODR 2015 FOR THE YEAR ENDED 31 MARCH 2024 8 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - FIND ATTACHED HEREWITH IS THE CONFIRMATION CERTIFICATE RECEIVED FROM OUR REGISTRAR AND TRANSFER AGENT, BIGSHARE SERVICES PRIVATE LIMITED AS PER REGULATION 74(5) SEBI (DP) REGULATIONS …
- Non Applicability Certificate Pursuant To The Provisions Of Regulation 57(5) Of The SEBI (LODR), Regulations 2015 7 Apr
- DISCLOSURE AS PER REGULATION 31(4) OF THE SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS 2011 7 Apr
Product Portfolio[1]
1. Compressed Fibre Jointing Sheets / Gaskets
2. Gland Packing & Ropes
3. Fabric Expansion Joints
4. Technical and Heat Resistance Textiles
5. Ceramic Fiber Product