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 ₹ 14.1 Cr.
- Current Price ₹ 53.0
- High / Low ₹ 88.0 / 46.3
- Stock P/E 6.52
- Book Value ₹ 64.2
- Dividend Yield 0.00 %
- ROCE 13.4 %
- ROE 12.4 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.83 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
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.1.29 Cr.
- 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 | TTM | |
|---|---|---|---|---|---|---|
| 11.03 | 12.30 | 18.83 | 18.50 | 20.84 | 20.63 | |
| 10.90 | 11.57 | 17.87 | 15.68 | 18.90 | 18.48 | |
| Operating Profit | 0.13 | 0.73 | 0.96 | 2.82 | 1.94 | 2.15 |
| OPM % | 1.18% | 5.93% | 5.10% | 15.24% | 9.31% | 10.42% |
| 0.23 | 0.18 | 0.54 | 0.82 | 0.64 | 1.29 | |
| Interest | 0.15 | 0.40 | 0.76 | 0.94 | 0.79 | 0.74 |
| Depreciation | 0.21 | 0.13 | 0.14 | 0.10 | 0.09 | 0.05 |
| Profit before tax | 0.00 | 0.38 | 0.60 | 2.60 | 1.70 | 2.65 |
| Tax % | 26.32% | 31.67% | 25.38% | 25.29% | ||
| 0.00 | 0.29 | 0.42 | 1.95 | 1.27 | 2.16 | |
| EPS in Rs | 0.00 | 5.80 | 4.32 | 11.96 | 4.78 | 8.13 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 19% |
| TTM: | -1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 64% |
| TTM: | 160% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -17% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.50 | 0.50 | 0.97 | 1.63 | 2.66 | 2.66 |
| Reserves | -0.04 | 0.25 | 0.66 | 1.95 | 14.18 | 14.40 |
| 2.70 | 6.74 | 7.48 | 10.79 | 5.88 | 12.41 | |
| 1.14 | 2.60 | 0.89 | 3.07 | 2.76 | 2.62 | |
| Total Liabilities | 4.30 | 10.09 | 10.00 | 17.44 | 25.48 | 32.09 |
| 0.44 | 0.40 | 0.36 | 0.26 | 0.19 | 0.18 | |
| 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 |
| 3.86 | 9.69 | 9.64 | 17.18 | 25.29 | 31.91 | |
| Total Assets | 4.30 | 10.09 | 10.00 | 17.44 | 25.48 | 32.09 |
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
- NOTICE OF EXTRA-ORDINARY GENERAL MEETING ("EGM") OF MEMBERS OF RESOURCEFUL AUTOMOBILE LIMITED 17 Dec
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 17 December, 2025 Pursuant To Regulation 30 Of The SEBI (LODR) Regulations, 2015 (The 'SEBI Listing Regulations')
17 Dec - Board convened EGM (17 Dec 2025) to approve M/s NGMKS & Associates as statutory auditors; scrutinizer appointed.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 19Th November, 2025
19 Nov - Approved H1 results (19 Nov 2025); PAT Rs21.27 lakh; IPO raised Rs11.99 Crore, Rs1.66 lakh unutilized.
-
Unaudited Financial Results Of The Company For The Half Year Ended On 30 September, 2025
19 Nov - H1 ended 30 Sep 2025 unaudited results: PAT Rs21.27 lakh; IPO Rs11.99 Cr; Rs1.66 lakh unutilized
-
Board Meeting Intimation for Intimation Of Adjournment Of Board Meeting
14 Nov - Board meeting adjourned Nov 14; rescheduled Nov 19 to approve unaudited H1 results to Sept 30, 2025.
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.