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 ₹ 15.7 Cr.
- Current Price ₹ 59.1
- High / Low ₹ 128 / 46.3
- Stock P/E 12.4
- Book Value ₹ 63.4
- Dividend Yield 0.00 %
- ROCE 13.2 %
- ROE 12.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.93 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
- Earnings include an other income of Rs.1.01 Cr.
- Debtor days have increased from 39.4 to 91.6 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
Part of BSE SME IPO
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 | 20.63 | |
| 10.90 | 11.57 | 17.87 | 15.68 | 19.11 | |
| Operating Profit | 0.13 | 0.73 | 0.96 | 2.82 | 1.52 |
| OPM % | 1.18% | 5.93% | 5.10% | 15.24% | 7.37% |
| 0.23 | 0.18 | 0.54 | 0.82 | 1.01 | |
| Interest | 0.15 | 0.40 | 0.76 | 0.94 | 0.74 |
| 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: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 64% |
| TTM: | -35% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| 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 | 14.19 |
| 2.70 | 6.74 | 7.48 | 10.79 | 5.88 | |
| 1.14 | 2.60 | 0.89 | 3.07 | 2.78 | |
| Total Liabilities | 4.30 | 10.09 | 10.00 | 17.44 | 25.51 |
| 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 | 25.32 | |
| Total Assets | 4.30 | 10.09 | 10.00 | 17.44 | 25.51 |
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 | 91.65 |
| 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 | 200.71 |
| Working Capital Days | 65.19 | 205.94 | 164.38 | 272.27 | 333.51 |
| ROCE % | 14.65% | 16.39% | 30.15% | 13.16% |
Documents
Announcements
-
Submission Of Audited Standalone Financial Results For The Half Year And Year Ended On March 31St 2025.
30 May - Audited standalone financial results for FY 2025 with Rs.11.99 Cr IPO proceeds, unmodified audit opinion.
-
Non-Applicability Of Annual Secretarial Compliance Report
30 May - Company exempt from Annual Secretarial Compliance Report for FY 2025 under SEBI Regulation 15(2).
-
Board Meeting Outcome for Outcome Of The Board Meeting Held On Friday I.E. 30Th May 2025 As Per Regulations 30 And 33
Of The SEBI (LODR) Regulations 2015
30 May - Approved FY25 audited results; appointed new independent director; resigned one director; appointed auditors; reconstituted committees.
-
Board Meeting Intimation for Notice Of Board Meeting Of The Company Under Regulation 29 Of The SEBI (LODR) Regulations, 2015
21 May - Board meeting on May 30 to approve FY25 audited financial results; trading window closed till 48 hours post announcement.
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
7 May - Company confirms it is not a Large Corporate as per SEBI debt issuance circular.
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.