RACL Geartech Ltd
Incorporated in 1983, RACL Geartech Ltd manufactures and exports automotive gears and components[1]
- Market Cap ₹ 1,813 Cr.
- Current Price ₹ 1,538
- High / Low ₹ 1,692 / 880
- Stock P/E 36.4
- Book Value ₹ 299
- Dividend Yield 0.10 %
- ROCE 16.9 %
- ROE 17.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is expected to give good quarter
Cons
- Dividend payout has been low at 2.67% of profits over last 3 years
- Promoter holding has decreased over last 3 years: -10.6%
- Working capital days have increased from 29.6 days to 60.8 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 190 | 212 | 204 | 271 | 358 | 410 | 415 | 490 | 522 | |
| 158 | 170 | 152 | 214 | 277 | 314 | 330 | 383 | 405 | |
| Operating Profit | 32 | 43 | 51 | 57 | 82 | 96 | 85 | 107 | 117 |
| OPM % | 17% | 20% | 25% | 21% | 23% | 23% | 20% | 22% | 22% |
| 0 | -1 | 4 | 4 | 9 | 6 | 10 | 22 | 14 | |
| Interest | 6 | 8 | 8 | 12 | 21 | 24 | 32 | 30 | 25 |
| Depreciation | 8 | 11 | 16 | 16 | 19 | 25 | 30 | 34 | 35 |
| Profit before tax | 17 | 22 | 30 | 33 | 51 | 53 | 33 | 66 | 71 |
| Tax % | 44% | 23% | 22% | 27% | 27% | 26% | 28% | 26% | |
| 10 | 17 | 23 | 24 | 37 | 39 | 24 | 49 | 50 | |
| EPS in Rs | 9.50 | 15.74 | 21.79 | 22.18 | 34.72 | 36.54 | 22.05 | 41.52 | 42.07 |
| Dividend Payout % | 0% | 6% | 5% | 5% | 4% | 4% | 0% | 4% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 11% |
| TTM: | 28% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 10% |
| TTM: | 79% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 49% |
| 5 Years: | 25% |
| 3 Years: | 6% |
| 1 Year: | 72% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 16% |
| Last Year: | 17% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 11 | 11 | 11 | 11 | 11 | 11 | 12 |
| Reserves | 56 | 74 | 97 | 121 | 157 | 194 | 215 | 340 |
| 85 | 88 | 107 | 163 | 203 | 289 | 317 | 236 | |
| 45 | 49 | 56 | 56 | 73 | 86 | 93 | 113 | |
| Total Liabilities | 196 | 222 | 271 | 351 | 444 | 580 | 637 | 701 |
| 95 | 108 | 140 | 178 | 227 | 304 | 323 | 342 | |
| CWIP | 0 | 0 | 1 | 4 | 2 | 6 | 5 | 3 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| 101 | 114 | 130 | 170 | 215 | 269 | 309 | 355 | |
| Total Assets | 196 | 222 | 271 | 351 | 444 | 580 | 637 | 701 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 19 | 33 | 39 | 12 | 60 | 35 | 56 | 92 | |
| -31 | -26 | -49 | -56 | -76 | -93 | -46 | -53 | |
| 11 | -7 | 10 | 44 | 18 | 56 | -10 | -34 | |
| Net Cash Flow | -0 | 0 | 0 | -0 | 2 | -1 | 1 | 6 |
| Free Cash Flow | -12 | 7 | -10 | -44 | -16 | -57 | 10 | 39 |
| CFO/OP | 51% | 66% | 62% | 7% | 83% | 52% | 72% | 93% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 98 | 92 | 99 | 104 | 86 | 96 | 110 | 109 |
| Inventory Days | 206 | 222 | 254 | 230 | 317 | 402 | 464 | 375 |
| Days Payable | 123 | 102 | 168 | 118 | 125 | 153 | 150 | 155 |
| Cash Conversion Cycle | 181 | 213 | 185 | 215 | 278 | 345 | 425 | 329 |
| Working Capital Days | 29 | 38 | 41 | 39 | 22 | 19 | 9 | 61 |
| ROCE % | 20% | 20% | 18% | 22% | 18% | 12% | 17% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Employees count |
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| Export Revenue Share % of total revenue |
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| Number of Active Customers count |
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| Number of SKUs count |
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| 2-Wheeler Revenue Share % of total revenue |
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| Commercial Vehicle Revenue Share % of total revenue |
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| Passenger Car Revenue Share % of total revenue |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Investor conference call for Q1 FY 2026-27 held on August 25, 2026; audio uploaded online.
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Announcement under Regulation 30 (LODR)-Investor Presentation
- Enclosed is the presentation for the Investor Conference Call for Q1 of FY 2026-27.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Enclosed is the copy of Newspaper Advertisements.
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Business Responsibility and Sustainability Reporting (BRSR)
- RACL Geartech filed FY2025-26 BRSR, reporting ESG policies, 100% renewable energy at Gajraula, and operational metrics.
- Reg. 34 (1) Annual Report.
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
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Annual Report 2022
from bse
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
from bse
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Annual Report 2016
from bse
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Annual Report 2015
from bse
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Annual Report 2014
from bse
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Annual Report 2013
from bse
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Annual Report 2012
from bse
Concalls
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Aug 2026TranscriptPPT REC
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Jun 2026Transcript PPT REC
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May 2026TranscriptAI SummaryPPT
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Mar 2026Transcript PPT REC
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Feb 2026TranscriptAI SummaryPPT
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Dec 2025Transcript PPT
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Nov 2025TranscriptAI SummaryPPT
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Aug 2025Transcript PPT
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Jun 2025Transcript PPT
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Mar 2025TranscriptPPT
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Jan 2025TranscriptAI SummaryPPT
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Nov 2024Transcript PPT
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Nov 2024TranscriptAI SummaryPPT
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Aug 2024TranscriptPPT
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Jun 2024Transcript PPT
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May 2024TranscriptAI SummaryPPT
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Mar 2024Transcript PPT
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Dec 2023Transcript PPT REC
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Nov 2023TranscriptAI SummaryPPT
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Sep 2023TranscriptPPTREC
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Aug 2023TranscriptPPTREC
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Aug 2023TranscriptPPTREC
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Jun 2023Transcript PPT REC
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Jun 2023TranscriptPPTREC
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Apr 2023Transcript PPT
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Mar 2023TranscriptPPT REC
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Dec 2022Transcript PPT
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Oct 2022TranscriptAI SummaryPPT
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Jul 2022Transcript PPT REC
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Mar 2022Transcript PPT REC
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Dec 2021Transcript PPT REC
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Sep 2021Transcript PPT REC
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Jul 2021Transcript PPT REC
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Mar 2021Transcript PPT
Business Overview:[1][2]
RACL manufactures transmission gears and shafts for automotive and industrial applications. It has local and global Original Equipment Manufacturers in the auto and industrial segment as its long-standing customers. It has 22 Active Customers and 900+ SKUs