Readymix Construction Machinery Ltd

Readymix Construction Machinery Ltd

₹ 76.2 -2.37%
05 Jun - close price
About

Incorporated in 2012, Readymix Construction Machinery Limited is a multidisciplinary manufacturer and supplier in the construction equipment sector.[1]

Key Points

Business Profile[1]
Readymix Construction Machinery Limited is an engineering-led company specializing in the design, development, fabrication, and installation of plant & machinery for cement, concrete, crushing, construction, and building materials industries.

  • Market Cap 83.4 Cr.
  • Current Price 76.2
  • High / Low 175 / 68.8
  • Stock P/E 11.2
  • Book Value 62.6
  • Dividend Yield 0.00 %
  • ROCE 16.0 %
  • ROE 11.5 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 58.8% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has high debtors of 174 days.
  • Working capital days have increased from 183 days to 257 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.

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Half Yearly Results

Figures in Rs. Crores

Sep 2024 Mar 2025 Sep 2025 Mar 2026
17.65 55.63 27.65 62.96
18.49 40.15 25.35 52.62
Operating Profit -0.84 15.48 2.30 10.34
OPM % -4.76% 27.83% 8.32% 16.42%
0.00 0.23 0.30 0.38
Interest 0.49 0.75 0.81 1.08
Depreciation 0.50 0.58 0.62 0.69
Profit before tax -1.83 14.38 1.17 8.95
Tax % -1.64% 22.46% 33.33% 25.14%
-1.80 11.14 0.78 6.71
EPS in Rs -2.28 10.17 0.71 6.12
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
26.70 47.81 54.89 69.79 73.28 90.60
25.35 45.21 49.92 55.98 58.64 77.97
Operating Profit 1.35 2.60 4.97 13.81 14.64 12.63
OPM % 5.06% 5.44% 9.05% 19.79% 19.98% 13.94%
0.02 0.01 0.01 0.02 0.23 0.68
Interest 0.23 0.62 1.04 0.84 1.24 1.89
Depreciation 0.15 0.16 0.22 0.66 1.09 1.31
Profit before tax 0.99 1.83 3.72 12.33 12.54 10.11
Tax % 25.25% 27.87% 25.27% 24.66% 25.52% 26.01%
0.74 1.33 2.78 9.28 9.34 7.48
EPS in Rs 15.93 28.63 59.85 199.78 8.52 6.83
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 28%
3 Years: 18%
TTM: 24%
Compounded Profit Growth
10 Years: %
5 Years: 59%
3 Years: 39%
TTM: -20%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -20%
Return on Equity
10 Years: %
5 Years: 23%
3 Years: 22%
Last Year: 12%

Balance Sheet

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 0.46 0.46 0.46 0.46 10.96 10.96
Reserves 5.03 6.17 8.96 18.29 50.16 57.64
2.52 4.68 7.60 7.87 3.50 16.87
10.97 18.85 15.14 11.37 20.10 23.44
Total Liabilities 18.98 30.16 32.16 37.99 84.72 108.91
0.58 0.59 2.52 3.89 4.67 5.06
CWIP 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.92 0.00 0.00 0.36 9.73 11.26
17.48 29.57 29.64 33.74 70.32 92.59
Total Assets 18.98 30.16 32.16 37.99 84.72 108.91

Cash Flows

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-0.85 -2.59 0.57 2.87 -13.39 -12.96
-0.15 -0.11 -2.14 -2.18 -11.01 -2.56
0.83 1.62 1.91 -0.42 27.60 11.91
Net Cash Flow -0.17 -1.08 0.34 0.26 3.20 -3.61
Free Cash Flow -1.02 -2.73 -1.58 0.78 -15.25 -14.66
CFO/OP -44% -80% 29% 42% -69% -80%

Ratios

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 99.66 90.77 87.91 94.61 242.02 174.40
Inventory Days 201.36 152.18 136.81 129.11 140.38 306.90
Days Payable 168.50 127.94 93.94 52.38 112.54 90.72
Cash Conversion Cycle 132.52 115.01 130.78 171.35 269.86 390.58
Working Capital Days 52.63 54.43 45.82 72.44 218.46 257.11
ROCE % 25.36% 33.60% 60.36% 30.21% 15.99%

Insights

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Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Number of Employees
Count

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In-house Developed Products
Count
R&D Team Strength
Count
Attrition Rate
%
Fabrication Unit Footprint
Sq. Ft.
Total Customer Base
Count
Order Book
INR Lakhs

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

2 Recently
Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
72.06% 72.06% 72.06% 72.06% 72.06%
5.82% 4.98% 1.19% 0.77% 0.31%
6.73% 7.21% 3.68% 3.56% 3.56%
15.39% 15.75% 23.08% 23.62% 24.07%
No. of Shareholders 982868748805780

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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