Remsons Industries Ltd
Remsons Industries Limited was established in 1971. It manufactures auto components like auto control cables, Flexible shafts, Gear shift systems, push pull cables and parking brake mechanism. It exports majorly to UK, Europe, North American, Brazil, Mexico and SAARC countries [1] [2]
- Market Cap ₹ 266 Cr.
- Current Price ₹ 465
- High / Low ₹ 465 / 182
- Stock P/E 33.6
- Book Value ₹ 73.0
- Dividend Yield 0.33 %
- ROCE 15.4 %
- ROE 20.7 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 6.19 times its book value
* 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
Sector: Auto Ancillaries Industry: Auto Ancillaries
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 108 | 102 | 105 | 109 | 112 | 119 | 128 | 149 | 159 | 195 | 223 | 264 | 259 | |
| 99 | 97 | 99 | 105 | 107 | 116 | 120 | 140 | 148 | 186 | 209 | 243 | 238 | |
| Operating Profit | 9 | 5 | 6 | 4 | 5 | 3 | 8 | 9 | 11 | 10 | 14 | 20 | 21 |
| OPM % | 9% | 5% | 6% | 4% | 4% | 2% | 6% | 6% | 7% | 5% | 6% | 8% | 8% |
| 0 | 0 | 1 | 0 | 1 | 1 | 1 | 0 | 2 | 5 | 2 | 1 | 2 | |
| Interest | 3 | 3 | 2 | 2 | 3 | 2 | 3 | 2 | 3 | 3 | 5 | 5 | 6 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 3 | 3 | 5 | 6 | 7 |
| Profit before tax | 5 | 1 | 2 | 0 | 1 | -1 | 5 | 5 | 7 | 9 | 5 | 11 | 11 |
| Tax % | 30% | 42% | 33% | 67% | 25% | 46% | 24% | 30% | 28% | 25% | 32% | 27% | |
| 3 | 0 | 1 | 0 | 0 | -1 | 3 | 3 | 5 | 7 | 4 | 8 | 8 | |
| EPS in Rs | 5.71 | 0.68 | 2.61 | 0.07 | 0.79 | -1.37 | 6.04 | 6.02 | 9.35 | 11.66 | 6.21 | 13.58 | 13.84 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 22% | 25% | 16% | 9% | 16% | 11% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 16% |
| 3 Years: | 18% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 35% |
| 5 Years: | 18% |
| 3 Years: | 14% |
| TTM: | 44% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 42% |
| 5 Years: | 32% |
| 3 Years: | 77% |
| 1 Year: | 88% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 17% |
| 3 Years: | 15% |
| Last Year: | 21% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | |
| Reserves | 9 | 10 | 11 | 11 | 11 | 10 | 14 | 16 | 19 | 26 | 29 | 36 |
| 28 | 25 | 22 | 27 | 28 | 27 | 29 | 27 | 30 | 57 | 66 | 65 | |
| 17 | 13 | 15 | 15 | 19 | 16 | 21 | 32 | 30 | 50 | 44 | 49 | |
| Total Liabilities | 60 | 54 | 54 | 59 | 64 | 60 | 70 | 80 | 85 | 139 | 145 | 155 |
| 21 | 20 | 21 | 20 | 21 | 22 | 22 | 23 | 24 | 34 | 36 | 39 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 20 | 19 |
| 38 | 34 | 33 | 38 | 42 | 37 | 47 | 57 | 61 | 99 | 88 | 96 | |
| Total Assets | 60 | 54 | 54 | 59 | 64 | 60 | 70 | 80 | 85 | 139 | 145 | 155 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 6 | 8 | 1 | 5 | 6 | 4 | 8 | 5 | 9 | 4 | 13 | |
| -4 | -1 | -2 | -3 | -4 | -3 | -2 | -4 | -2 | -26 | -7 | -7 | |
| 3 | -5 | -6 | 3 | -2 | -3 | -1 | -5 | -2 | 16 | 3 | -7 | |
| Net Cash Flow | 1 | -1 | 0 | 0 | -0 | -0 | 1 | -1 | 1 | -1 | 1 | -1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 63 | 63 | 58 | 65 | 69 | 51 | 57 | 65 | 51 | 61 | 61 | 62 |
| Inventory Days | 87 | 72 | 77 | 84 | 94 | 86 | 106 | 105 | 125 | 96 | 84 | 76 |
| Days Payable | 72 | 51 | 56 | 57 | 74 | 66 | 85 | 110 | 94 | 111 | 86 | 81 |
| Cash Conversion Cycle | 77 | 83 | 80 | 91 | 89 | 70 | 77 | 60 | 82 | 46 | 59 | 57 |
| Working Capital Days | 67 | 70 | 67 | 75 | 76 | 60 | 68 | 60 | 68 | 57 | 67 | 60 |
| ROCE % | 20% | 8% | 11% | 5% | 8% | 2% | 16% | 16% | 19% | 12% | 10% | 15% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 16 Sep
- Shareholder Meeting / Postal Ballot-Outcome of AGM 15 Sep
- Disclosure Of Event Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 4 Sep
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
25 Aug - Companies Act, 2013 and rules framed thereunder, we enclosed herewith the copy of the Newspaper advertisement published in 25.08.2023 newspapers i.e. Financial Express (English Edition) …
- Pursuant To The Provisions Of Regulation 30 Of The SEBI (LODR) Regulations, 2015, We Enclose Notice Of The 51St Annual General Meeting Of The Company Scheduled To Be Held On Friday, 15Th September, 2023 At 11:30 A.M. 24 Aug
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Product Portfolio
The Company's product portfolio includes Gear Shifters, Control Cables, Flexible Shafts, Jack Kits, Parking Brake Assemblies, Winches, and Pedal Boxes among others. [1]