Resgen Ltd
Incorporated in 2018, Resgen Ltd does manufacturing and selling of pyrolysis oil
and carbon from plastic waste[1]
- Market Cap ₹ 202 Cr.
- Current Price ₹ 96.1
- High / Low ₹ 113 / 41.4
- Stock P/E 43.2
- Book Value ₹ 21.8
- Dividend Yield 0.00 %
- ROCE 21.7 %
- ROE 18.0 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 4.42 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 250 days.
- Working capital days have increased from -88.9 days to 402 days
* 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
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|
| 0.00 | 0.02 | 4.81 | 23.58 | 27.38 | |
| 0.15 | 0.01 | 2.79 | 13.28 | 15.07 | |
| Operating Profit | -0.15 | 0.01 | 2.02 | 10.30 | 12.31 |
| OPM % | 50.00% | 42.00% | 43.68% | 44.96% | |
| 0.00 | 0.00 | 0.00 | -0.04 | 0.05 | |
| Interest | 0.00 | 0.00 | 0.31 | 1.45 | 1.49 |
| Depreciation | 0.00 | 0.00 | 0.66 | 2.96 | 3.95 |
| Profit before tax | -0.15 | 0.01 | 1.05 | 5.85 | 6.92 |
| Tax % | 0.00% | 0.00% | 27.62% | 28.89% | |
| -0.15 | 0.01 | 0.76 | 4.17 | 4.67 | |
| EPS in Rs | -9.71 | 0.65 | 34.55 | 1.99 | 2.22 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 390% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 211% |
| TTM: | 453% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 87% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 18% |
| Last Year: | 18% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|
| Equity Capital | 1.55 | 1.55 | 2.20 | 20.98 | 20.98 |
| Reserves | -0.18 | -0.18 | 1.50 | 22.07 | 24.68 |
| 0.24 | 9.61 | 9.33 | 11.54 | 8.69 | |
| 0.01 | 0.12 | 0.69 | 12.82 | 10.22 | |
| Total Liabilities | 1.62 | 11.10 | 13.72 | 67.41 | 64.57 |
| 0.00 | 0.00 | 9.07 | 15.23 | 21.50 | |
| 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 | 43.07 | |
| Total Assets | 1.62 | 11.10 | 13.72 | 67.41 | 64.57 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| -1.74 | 1.65 | -1.36 | -14.05 | |
| 0.01 | -10.92 | 0.31 | -21.88 | |
| 1.70 | 9.34 | 0.98 | 35.94 | |
| Net Cash Flow | -0.02 | 0.07 | -0.07 | 0.01 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 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% |
Documents
Announcements
- Submission Of Compliance Certificate As Per Regulation 7(3) Of SEBI (LODR) Regulations 2015, For The Financial Year Ended 31St March, 2024 20 Apr
- Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations For Half And Financial Year Ended 31St March, 2024 13 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
13 Apr - Reg74(5) of the SEBI(DP) Regularions, 2018 for the quarted ended 31.03.2024 w.r.t physical share certificates received for dematerialization of securities (Equity Shares) of our Company …
- Closure of Trading Window 29 Mar
-
Announcement under Regulation 30 (LODR)-Acquisition
20 Mar - The Board of the Company has resolved to acquire 55% stake in Company "Resgen Protech Private Limited", a Company registered in Mumbai has been incorporated …
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