Resgen Ltd

Resgen Ltd

₹ 86.5 5.23%
24 Jul - close price
About

Incorporated in 2018, Resgen Ltd does manufacturing and selling of pyrolysis oil
and carbon from plastic waste[1]

Key Points

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

  • Market Cap 181 Cr.
  • Current Price 86.5
  • High / Low 113 / 56.1
  • Stock P/E 27.6
  • Book Value 23.7
  • Dividend Yield 0.00 %
  • ROCE 18.8 %
  • ROE 15.3 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Debtor days have improved from 197 to 129 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

Sector: Refineries Industry: Refineries

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Half Yearly Results

Figures in Rs. Crores

Mar 2023 Sep 2023 Mar 2024
12.29 15.09 30.41
7.04 8.03 22.33
Operating Profit 5.25 7.06 8.08
OPM % 42.72% 46.79% 26.57%
0.01 0.04 0.03
Interest 0.80 0.69 0.42
Depreciation 1.54 2.41 2.52
Profit before tax 2.92 4.00 5.17
Tax % 29.45% 35.00% 23.60%
2.06 2.61 3.96
EPS in Rs 0.98 1.24 1.89
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.00 0.02 4.81 23.58 45.50
0.15 0.01 2.79 13.28 30.35
Operating Profit -0.15 0.01 2.02 10.30 15.15
OPM % 50.00% 42.00% 43.68% 33.30%
0.00 0.00 0.00 -0.04 0.07
Interest 0.00 0.00 0.31 1.45 1.11
Depreciation 0.00 0.00 0.66 2.96 4.93
Profit before tax -0.15 0.01 1.05 5.85 9.18
Tax % 0.00% 0.00% 27.62% 28.89% 28.32%
-0.15 0.01 0.76 4.17 6.57
EPS in Rs -9.71 0.65 34.55 1.99 3.13
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 1215%
TTM: 93%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 769%
TTM: 56%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 32%
Return on Equity
10 Years: %
5 Years: %
3 Years: 17%
Last Year: 15%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 1.55 1.55 2.20 20.98 20.98
Reserves -0.18 -0.18 1.50 22.07 28.64
0.24 9.61 9.33 11.54 8.66
0.01 0.12 0.69 12.82 7.25
Total Liabilities 1.62 11.10 13.72 67.41 65.53
0.00 0.00 9.07 15.23 19.01
CWIP 0.00 10.16 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00
1.62 0.94 4.65 52.18 46.52
Total Assets 1.62 11.10 13.72 67.41 65.53

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-1.74 1.65 -1.36 -14.05 5.12
0.01 -10.92 0.31 -21.88 -1.14
1.70 9.34 0.98 35.94 -3.99
Net Cash Flow -0.02 0.07 -0.07 0.01 -0.01

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 365.00 212.47 249.53
Inventory Days 90.88 294.93
Days Payable 2.98 299.92
Cash Conversion Cycle 365.00 300.37 244.54
Working Capital Days -912.50 243.59 402.15
ROCE % 0.16% 11.33% 21.74%

Shareholding Pattern

Numbers in percentages

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
67.22% 67.22% 67.22% 67.22% 67.19% 66.94%
0.47% 0.00% 0.00% 0.00% 0.00% 0.00%
32.31% 32.78% 32.78% 32.77% 32.82% 33.05%
No. of Shareholders 4416379491,2241,4141,610

* 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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