Resgen Ltd
Incorporated in 2018, Resgen Ltd does manufacturing and selling of pyrolysis oil
and carbon from plastic waste[1]
- Market Cap ₹ 175 Cr.
- Current Price ₹ 83.5
- High / Low ₹ 183 / 67.0
- Stock P/E 22.0
- Book Value ₹ 27.5
- Dividend Yield 0.00 %
- ROCE 19.6 %
- ROE 14.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 123% CAGR over last 5 years
- Debtor days have improved from 150 to 111 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Energy Oil, Gas & Consumable Fuels Petroleum Products Refineries & Marketing
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 0.00 | 0.02 | 4.81 | 23.58 | 45.50 | 65.16 | |
| 0.15 | 0.01 | 2.79 | 13.28 | 30.22 | 49.78 | |
| Operating Profit | -0.15 | 0.01 | 2.02 | 10.30 | 15.28 | 15.38 |
| OPM % | 50.00% | 42.00% | 43.68% | 33.58% | 23.60% | |
| 0.00 | 0.00 | 0.00 | -0.04 | -0.04 | 0.00 | |
| Interest | 0.00 | 0.00 | 0.31 | 1.45 | 1.13 | 0.67 |
| Depreciation | 0.00 | 0.00 | 0.66 | 2.96 | 4.93 | 3.58 |
| Profit before tax | -0.15 | 0.01 | 1.05 | 5.85 | 9.18 | 11.13 |
| Tax % | 0.00% | 0.00% | 27.62% | 28.89% | 28.32% | 28.39% |
| -0.15 | 0.01 | 0.76 | 4.17 | 6.57 | 7.98 | |
| EPS in Rs | -9.71 | 0.65 | 34.55 | 1.99 | 3.13 | 3.80 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 138% |
| TTM: | 43% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 123% |
| 3 Years: | 119% |
| TTM: | 20% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -19% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 15% |
| Last Year: | 15% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1.55 | 1.55 | 2.20 | 20.98 | 20.98 | 20.98 |
| Reserves | -0.18 | -0.18 | 1.50 | 22.07 | 28.64 | 36.61 |
| 0.24 | 9.61 | 9.33 | 11.54 | 8.66 | 4.66 | |
| 0.01 | 0.12 | 0.69 | 12.82 | 7.51 | 8.30 | |
| Total Liabilities | 1.62 | 11.10 | 13.72 | 67.41 | 65.79 | 70.55 |
| 0.00 | 0.00 | 9.07 | 15.23 | 19.01 | 17.01 | |
| CWIP | 0.00 | 10.16 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.15 | 0.00 |
| 1.62 | 0.94 | 4.65 | 52.18 | 46.63 | 53.54 | |
| Total Assets | 1.62 | 11.10 | 13.72 | 67.41 | 65.79 | 70.55 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| -1.74 | 1.65 | -1.36 | -14.05 | 5.12 | 7.49 | |
| 0.01 | -10.92 | 0.31 | -21.88 | -1.14 | -1.06 | |
| 1.70 | 9.34 | 0.98 | 35.94 | -3.99 | -4.68 | |
| Net Cash Flow | -0.02 | 0.07 | -0.07 | 0.01 | -0.01 | 1.75 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 365.00 | 212.47 | 249.53 | 88.64 | 110.86 | |
| Inventory Days | 90.88 | 294.93 | 309.16 | 180.27 | ||
| Days Payable | 2.98 | 299.92 | 49.05 | 21.95 | ||
| Cash Conversion Cycle | 365.00 | 300.37 | 244.54 | 348.75 | 269.18 | |
| Working Capital Days | -55,662.50 | -40.22 | 352.46 | 231.35 | 198.07 | |
| ROCE % | 0.16% | 11.33% | 21.74% | 18.46% | 19.58% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Jul - Certificate confirming all shares in demat form; no rematerialisation requests for Q1 FY2026.
-
Board Meeting Outcome for Outcome Of Board Meeting Held To Consider Appointment Of Company Secretary And Compliance Officer Of The Company
10 Jun - Appointed Mr. Kasim Mohamed Abbas Hans as Company Secretary and Compliance Officer from June 10, 2025.
-
To Consider And Approve Audited Financial Results For The Half Year And Year Ended 31St March, 2025
29 May - Resgen approved audited financials for FY ended 31 Mar 2025; audit report unmodified.
-
Board Meeting Outcome for Outcome Of Board Meeting Held To Consider And Approve Audited Financial Results For The Half Year And Year Ended 31St March, 2025
29 May - Resgen Limited approved audited financials for FY ended 31 Mar 2025 with unmodified audit opinion.
-
Board Meeting Intimation for To Consider, Adopt And Approve Audited Financial Results For The Half Year And Year Ended 31St March, 2025 And Other Matters
26 May - Board meeting on May 29 to approve audited financial results for half and full year ending March 31, 2025.
Business Overview:[1]
Company manufactures PlasEco which is Pyrolysis Oil (a substitute for furnace oil) from waste plastics. It also repurposes the by-products generated, such as Carbon to substitute coal, and gas to substitute LPG. The major by-product are combustible liquid and gaseous fuel which can replace diesel or furnace oils, and reduce the need and impact of company's combustible fuel resources. Resgen uses a patented catalytic process to improve efficiency, safety and scalability of the pyrolysis process