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 ₹ 136 Cr.
- Current Price ₹ 239
- High / Low ₹ 303 / 182
- Stock P/E 16.3
- Book Value ₹ 74.0
- Dividend Yield 0.42 %
- ROCE 15.3 %
- ROE 21.8 %
- Face Value ₹ 10.0
Pros
Cons
- Company might be capitalizing the interest cost
* 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 | |
|---|---|---|---|
| 226 | 286 | 313 | |
| 216 | 266 | 287 | |
| Operating Profit | 10 | 20 | 26 |
| OPM % | 4% | 7% | 8% |
| 6 | 1 | 2 | |
| Interest | 4 | 6 | 6 |
| Depreciation | 4 | 8 | 9 |
| Profit before tax | 8 | 7 | 12 |
| Tax % | 43% | 27% | 31% |
| Net Profit | 4 | 5 | 8 |
| EPS in Rs | 7.86 | 9.38 | 14.65 |
| Dividend Payout % | 13% | 11% | 10% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 74% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 31% |
| 5 Years: | 19% |
| 3 Years: | 62% |
| 1 Year: | 18% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 22% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| 6 | 6 | 6 | |
| Reserves | 24 | 29 | 37 |
| 75 | 81 | 82 | |
| 60 | 59 | 66 | |
| Total Liabilities | 165 | 175 | 190 |
| 59 | 60 | 64 | |
| CWIP | 0 | 1 | 1 |
| Investments | 1 | 1 | -0 |
| 105 | 114 | 125 | |
| Total Assets | 165 | 175 | 190 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| -0 | 14 | 28 | |
| -30 | -8 | -16 | |
| 31 | -2 | -5 | |
| Net Cash Flow | 1 | 4 | 6 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| Debtor Days | 69 | 66 | 64 |
| Inventory Days | 113 | 93 | 88 |
| Days Payable | 118 | 98 | 100 |
| Cash Conversion Cycle | 65 | 62 | 52 |
| Working Capital Days | 69 | 62 | 56 |
| ROCE % | 12% | 15% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Annual Secretarial Compliance Report of the Company, issued by M/s. M Baldeva Associates, Company Secretaries, Thane for the financial year ended 31st March, 2023.
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Announcement under Regulation 30 (LODR)-Investor Presentation
26 May - Investor Presentation titled 'Remsons Industries Limited Investor Presentation Q4 / FY22-23'.
- Disclosure Of Related Party Transactions Pursuant To Regulation 23(9) Of The SEBI (LODR) Regulations, 2015. 26 May
- Announcement under Regulation 30 (LODR)-Dividend Updates 26 May
- Corporate Action-Board approves Dividend 26 May
Annual reports
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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
from nse
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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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Financial Year 2010
from nse
Company History
Initially formed as a trading company in 1959 it started manufacturing engineering items from 1963. It is the first company to introduce control cables in India.
[1] [2]