RACL Geartech Ltd
Incorporated in 1983, RACL Geartech Ltd manufactures and exports automotive gears and components[1]
- Market Cap ₹ 1,443 Cr.
- Current Price ₹ 1,224
- High / Low ₹ 1,692 / 805
- Stock P/E 29.4
- Book Value ₹ 299
- Dividend Yield 0.12 %
- ROCE 17.0 %
- ROE 17.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Dividend payout has been low at 1.42% of profits over last 3 years
- Promoter holding has decreased over last 3 years: -10.7%
- 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 | |
|---|---|---|---|---|---|---|---|---|
| 190 | 212 | 204 | 271 | 358 | 410 | 415 | 490 | |
| 158 | 170 | 152 | 214 | 277 | 314 | 333 | 383 | |
| Operating Profit | 32 | 43 | 51 | 57 | 82 | 96 | 82 | 107 |
| OPM % | 17% | 20% | 25% | 21% | 23% | 23% | 20% | 22% |
| 0 | -1 | 4 | 4 | 9 | 6 | 10 | 22 | |
| Interest | 6 | 8 | 8 | 12 | 21 | 24 | 30 | 30 |
| Depreciation | 8 | 11 | 16 | 16 | 19 | 25 | 30 | 34 |
| Profit before tax | 17 | 22 | 30 | 33 | 51 | 53 | 33 | 66 |
| Tax % | 44% | 23% | 22% | 27% | 27% | 26% | 27% | 26% |
| 10 | 17 | 23 | 24 | 37 | 39 | 24 | 49 | |
| EPS in Rs | 9.50 | 15.74 | 21.79 | 22.18 | 34.72 | 36.54 | 22.02 | 41.52 |
| Dividend Payout % | 0% | 6% | 5% | 5% | 4% | 4% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 11% |
| TTM: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 10% |
| TTM: | 112% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 46% |
| 5 Years: | 34% |
| 3 Years: | 7% |
| 1 Year: | 29% |
| 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 | 314 | 236 | |
| 45 | 49 | 56 | 56 | 73 | 86 | 97 | 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 | 308 | 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 | 57 | 92 | |
| -31 | -26 | -49 | -56 | -76 | -93 | -46 | -53 | |
| 11 | -7 | 10 | 44 | 18 | 56 | -11 | -34 | |
| Net Cash Flow | -0 | 0 | 0 | -0 | 2 | -1 | 1 | 6 |
| Free Cash Flow | -12 | 7 | -10 | -44 | -16 | -57 | 11 | 39 |
| CFO/OP | 51% | 66% | 62% | 7% | 83% | 52% | 76% | 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 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Export Revenue Share % ・Standalone data |
|
|||||||||||
| Number of Employees (Permanent) Count ・Standalone data |
||||||||||||
| Total Workforce (Headcount) Count ・Standalone data |
||||||||||||
| Total Sales Revenue (USD) USD Million |
||||||||||||
| Manufacturing Locations Count ・Standalone data |
||||||||||||
| Export Contribution to Sales Percentage ・Standalone data |
||||||||||||
| Number of SKUs Count ・Standalone data |
||||||||||||
| Employee Strength Count ・Standalone data |
||||||||||||
| Warehouses in Europe Count ・Standalone data |
||||||||||||
| Fixed Asset Turnover Ratio Ratio ・Standalone data |
||||||||||||
| Gears Produced Million Units ・Standalone data |
||||||||||||
| Active Customers Count ・Standalone data |
||||||||||||
| Number of Active Global Customers Count ・Standalone data |
||||||||||||
Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
35m - Pursuant to Regulation 30 of SEBI(LODR) Regulations, 2015, the Company is organizing Earnings conference call on Friday, June 12, 2026 at 03:30 P.M.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Enclosed are the copies of the newspaper advertisements regarding re-lodgement request received for transfer of physical securities.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
28 May - Annual Secretarial Compliance Report for FY2025-26 notes one related-party approval deviation.
-
Intimation Of Achievement Of Historic Consolidated Revenue Milestone
27 May - RACL Geartech reported record consolidated revenue of ₹512.42 crore for FY2026.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
27 May - Newspaper clippings of the published financial results
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
Concalls
-
May 2026TranscriptAI SummaryPPT
-
Mar 2026Transcript PPT REC
-
Feb 2026TranscriptAI SummaryPPT
-
Dec 2025Transcript PPT
-
Nov 2025TranscriptAI SummaryPPT
-
Aug 2025Transcript PPT
-
Jun 2025Transcript PPT
-
Mar 2025TranscriptPPT
-
Jan 2025TranscriptAI SummaryPPT
-
Nov 2024Transcript PPT
-
Nov 2024TranscriptAI SummaryPPT
-
Aug 2024TranscriptPPT
-
Jun 2024Transcript PPT
-
May 2024TranscriptAI SummaryPPT
-
Mar 2024Transcript PPT
-
Dec 2023Transcript PPT REC
-
Nov 2023TranscriptAI SummaryPPT
-
Sep 2023TranscriptPPTREC
-
Aug 2023TranscriptPPTREC
-
Aug 2023TranscriptPPTREC
-
Jun 2023Transcript PPT REC
-
Jun 2023TranscriptPPTREC
-
Apr 2023Transcript PPT
-
Mar 2023TranscriptPPT REC
-
Dec 2022Transcript PPT
-
Oct 2022TranscriptAI SummaryPPT
-
Jul 2022Transcript PPT REC
-
Mar 2022Transcript PPT REC
-
Dec 2021Transcript PPT REC
-
Sep 2021Transcript PPT REC
-
Jul 2021Transcript PPT REC
-
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