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 ₹ 501 Cr.
- Current Price ₹ 144
- High / Low ₹ 235 / 102
- Stock P/E 34.3
- Book Value ₹ 33.6
- Dividend Yield 0.21 %
- ROCE 15.4 %
- ROE 17.7 %
- Face Value ₹ 2.00
Pros
- Promoter holding has increased by 0.82% over last quarter.
Cons
- Stock is trading at 4.33 times its book value
- Promoter holding has decreased over last 3 years: -8.88%
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|
| 226 | 286 | 313 | 312 | 351 | |
| 216 | 266 | 287 | 281 | 317 | |
| Operating Profit | 10 | 20 | 26 | 31 | 34 |
| OPM % | 4% | 7% | 8% | 10% | 10% |
| 6 | 1 | 1 | 3 | 4 | |
| Interest | 4 | 6 | 6 | 7 | 6 |
| Depreciation | 4 | 8 | 9 | 11 | 13 |
| Profit before tax | 8 | 7 | 12 | 16 | 19 |
| Tax % | 43% | 27% | 31% | 18% | |
| 4 | 5 | 8 | 13 | 16 | |
| EPS in Rs | 1.57 | 1.87 | 2.93 | 3.82 | 4.29 |
| Dividend Payout % | 13% | 11% | 10% | 8% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 11% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 72% |
| TTM: | 32% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 33% |
| 5 Years: | 72% |
| 3 Years: | 47% |
| 1 Year: | -26% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 18% |
| Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 7 | 7 |
| Reserves | 24 | 29 | 37 | 104 | 110 |
| 75 | 81 | 82 | 68 | 83 | |
| 60 | 59 | 66 | 58 | 77 | |
| Total Liabilities | 165 | 175 | 190 | 238 | 277 |
| 59 | 60 | 64 | 70 | 97 | |
| CWIP | 0 | 1 | 1 | 2 | 6 |
| Investments | 1 | 1 | 0 | 0 | 3 |
| 105 | 114 | 125 | 166 | 170 | |
| Total Assets | 165 | 175 | 190 | 238 | 277 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| -0 | 14 | 28 | 15 | |
| -30 | -8 | -16 | -48 | |
| 31 | -2 | -5 | 28 | |
| Net Cash Flow | 1 | 4 | 6 | -4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 69 | 66 | 64 | 68 |
| Inventory Days | 113 | 93 | 88 | 101 |
| Days Payable | 118 | 98 | 100 | 101 |
| Cash Conversion Cycle | 65 | 62 | 52 | 68 |
| Working Capital Days | 69 | 62 | 56 | 73 |
| ROCE % | 12% | 15% | 15% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
2m - Re-appointment of HAM & Co. Chartered Accountant as Internal Auditors of the Company for the financial year 2025-26.
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Announcement under Regulation 30 (LODR)-Change in Management
4m - Approved FY25 audited results; recommended 15% dividend; re-appointed Whole Time Director for 5 years.
- Corporate Action-Board approves Dividend 40m
- Announcement under Regulation 30 (LODR)-Investor Presentation 41m
- Results 43m
Annual reports
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Financial Year 2024
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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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Concalls
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May 2025TranscriptNotesPPT
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May 2025TranscriptNotesPPT
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Feb 2025Transcript PPT
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Nov 2024TranscriptNotesPPT
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Jun 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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Jul 2021TranscriptNotesPPT
Product Portfolio[1]
a) Mechanical Components: Control cables, gear shifters, winches, pedal boxes, parking brake systems, and jack kits.
b) Electronics: Sensors, rearview cameras, sound systems, wireless chargers, infotainment systems, and digital clusters.
c) Lighting Solutions: Headlamps, tail lamps, signal lamps, interior lighting, and active spoilers.