Revathi Equipment India Ltd
Incorporated in 2020, Revathi Equipment India Ltd designs and manufactures drilling rigs (drilling equipment)[1]
- Market Cap ₹ 224 Cr.
- Current Price ₹ 728
- High / Low ₹ 1,300 / 486
- Stock P/E 16.5
- Book Value ₹ 457
- Dividend Yield 0.00 %
- ROCE 14.4 %
- ROE 10.2 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 10.5% over past five years.
- Earnings include an other income of Rs.13.1 Cr.
- Company has high debtors of 158 days.
- Working capital days have increased from 92.2 days to 226 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.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 85 | 101 | 110 | 212 | 179 | 139 | |
| 66 | 83 | 89 | 173 | 148 | 122 | |
| Operating Profit | 19 | 18 | 20 | 40 | 30 | 17 |
| OPM % | 22% | 18% | 19% | 19% | 17% | 12% |
| 2 | 5 | 4 | 9 | 10 | 13 | |
| Interest | 3 | 5 | 4 | 6 | 11 | 9 |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 4 |
| Profit before tax | 16 | 17 | 20 | 41 | 28 | 17 |
| Tax % | 29% | 33% | 32% | 24% | 27% | 22% |
| 12 | 11 | 13 | 31 | 20 | 13 | |
| EPS in Rs | 65.80 | 43.59 | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 8% |
| TTM: | -22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | 1% |
| TTM: | -33% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -19% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 19% |
| Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 3 | 0.00 | 0.00 | 3 | 3 | 3 |
| Reserves | 180 | 60 | 73 | 104 | 123 | 137 |
| 33 | 28 | 33 | 31 | 37 | 68 | |
| 54 | 38 | 55 | 101 | 75 | 57 | |
| Total Liabilities | 270 | 126 | 160 | 238 | 238 | 265 |
| 22 | 6 | 7 | 8 | 38 | 45 | |
| CWIP | 0 | 0 | 0 | 6 | 0 | 0 |
| Investments | 101 | 34 | 35 | 56 | 77 | 58 |
| 147 | 86 | 119 | 168 | 123 | 162 | |
| Total Assets | 270 | 126 | 160 | 238 | 238 | 265 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 1 | 28 | 6 | 44 | 28 | -30 | |
| -15 | -18 | 0 | -31 | -36 | 9 | |
| 14 | -10 | 1 | -8 | -4 | 22 | |
| Net Cash Flow | -0 | 0 | 7 | 6 | -12 | 0 |
| Free Cash Flow | -0 | 27 | 4 | 33 | 4 | -43 |
| CFO/OP | 19% | 170% | 52% | 121% | 124% | -134% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 191 | 86 | 119 | 58 | 51 | 158 |
| Inventory Days | 427 | 337 | 431 | 252 | 257 | 371 |
| Days Payable | 299 | 147 | 166 | 131 | 111 | 216 |
| Cash Conversion Cycle | 319 | 276 | 384 | 180 | 198 | 313 |
| Working Capital Days | 210 | 68 | 97 | 35 | 16 | 226 |
| ROCE % | 14% | 24% | 39% | 26% | 14% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Actual Production (Drill Machines) Units |
|
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| Annual Installed Capacity Units |
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| Capacity Utilization % |
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| Export Revenue Contribution % |
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| Operating Cycle Days |
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| Cumulative Drills Supplied Globally Units |
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| R&D Expenditure (Percentage of Turnover) % |
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Extracted by Screener AI
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Secretarial Compliance Report filed for FY ended 31 March 2026; company reported overall compliance.
-
Results 31St March 2026
30 May - Revathi Equipment resubmits FY26 audited standalone and consolidated results; no changes except omitted Q3 details.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 23 May
-
Statement Of Audited Financial Results (Standalone And Consolidated) For The Quarter And Financial Year Ended 31St March 2026
22 May - Board approved audited FY26 standalone and consolidated results; no dividend recommended.
-
Announcement under Regulation 30 (LODR)-Change in Management
22 May - Board appointed internal auditor Karthikeyan & Jayaram and reappointed cost auditor P. Mohankumar & Co for FY2026-27.
Business Overview:[1]
REIL is a part of Renaissance Group. It is an ISO 9001-2008 certified manufacturer of blast hole drills and water well drills for various applications like mining, construction, water well, exploration, etc., and provides customized designs for customer-specific requirements. It has manufactured & sold over 1000 drilling rigs worldwide.