Resourceful Automobile Ltd
Incorporated in 2018, Resourceful Automobile
Ltd is in the business of sale of bikes and other related services etc.[1]
- Market Cap ₹ 18.3 Cr.
- Current Price ₹ 68.9
- High / Low ₹ 88.0 / 46.3
- Stock P/E 14.4
- Book Value ₹ 63.4
- Dividend Yield 0.00 %
- ROCE 13.4 %
- ROE 12.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 1.09 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.0%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 39.1 to 90.7 days.
- Working capital days have increased from 215 days to 315 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
Consumer Discretionary Automobile and Auto Components Automobiles Auto Dealer
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 11.03 | 12.30 | 18.83 | 18.50 | 20.84 | |
| 10.90 | 11.57 | 17.87 | 15.68 | 18.90 | |
| Operating Profit | 0.13 | 0.73 | 0.96 | 2.82 | 1.94 |
| OPM % | 1.18% | 5.93% | 5.10% | 15.24% | 9.31% |
| 0.23 | 0.18 | 0.54 | 0.82 | 0.64 | |
| Interest | 0.15 | 0.40 | 0.76 | 0.94 | 0.79 |
| Depreciation | 0.21 | 0.13 | 0.14 | 0.10 | 0.09 |
| Profit before tax | 0.00 | 0.38 | 0.60 | 2.60 | 1.70 |
| Tax % | 26.32% | 31.67% | 25.38% | 25.29% | |
| 0.00 | 0.29 | 0.42 | 1.95 | 1.27 | |
| EPS in Rs | 0.00 | 5.80 | 4.32 | 11.96 | 4.78 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 19% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 64% |
| TTM: | -35% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 14% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 26% |
| Last Year: | 12% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.50 | 0.50 | 0.97 | 1.63 | 2.66 |
| Reserves | -0.04 | 0.25 | 0.66 | 1.95 | 14.18 |
| 2.70 | 6.74 | 7.48 | 10.79 | 5.88 | |
| 1.14 | 2.60 | 0.89 | 3.07 | 2.76 | |
| Total Liabilities | 4.30 | 10.09 | 10.00 | 17.44 | 25.48 |
| 0.44 | 0.40 | 0.36 | 0.26 | 0.19 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 3.86 | 9.69 | 9.64 | 17.18 | 25.29 | |
| Total Assets | 4.30 | 10.09 | 10.00 | 17.44 | 25.48 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 0.54 | -4.17 | -0.25 | -2.34 | -3.11 | |
| -0.18 | -0.09 | 0.38 | 0.00 | -0.03 | |
| 0.18 | 3.64 | 0.00 | 2.38 | 6.35 | |
| Net Cash Flow | 0.54 | -0.62 | 0.13 | 0.04 | 3.21 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 4.96 | 40.06 | 1.74 | 24.86 | 90.72 |
| Inventory Days | 62.40 | 147.99 | 116.87 | 130.08 | 111.92 |
| Days Payable | 15.41 | 39.13 | 9.59 | 17.85 | 2.86 |
| Cash Conversion Cycle | 51.95 | 148.92 | 109.03 | 137.09 | 199.78 |
| Working Capital Days | 15.22 | 161.43 | 148.87 | 181.12 | 314.56 |
| ROCE % | 14.65% | 16.39% | 30.15% | 13.43% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Oct - RTA certificate under SEBI Reg.74(5) for quarter ended 30 Sept 2025; dematerialisation details furnished.
-
Revised Outcome Of The Board Meeting Held On Wednesday I.E., 8Th October, 2025 As Per Regulations 30 Of The SEBI (LODR) Regulations, 2015.
10 Oct - NYS & Company resigned effective 07-Oct-2025; N G M K S & Associates appointed till AGM.
-
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
8 Oct - NYS & Company resigned effective 7 Oct 2025; N G M K S appointed 8 Oct 2025 pending shareholder approval.
-
Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors
8 Oct - NYS & Company resigned effective 7 Oct 2025; N G M K S & Associates proposed appointment 8 Oct 2025.
-
Board Meeting Outcome for Outcome Of Board Meeting Dated 8Th October, 2025
8 Oct - Statutory auditor NYS & Co resigned 7 Oct 2025; NGMKS appointed 8 Oct 2025, subject to shareholders.
Business Overview:[1]
RAL is engaged in the dealership of Yamaha two-wheelers, operating 2 showrooms under the name Sawhney Automobiles. The company specializes in the sales and servicing of motorcycles and scooters.