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RACL Geartech Ltd (RACLGEAR)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 520073 NSE: RACLGEAR Auto Ancillary | Small Cap | RACL Geartech Share Price

₹1,574.45 16.00 (1.03%)

As on 04-Sep'26 16:59

RACL Geartech Ltd (RACLGEAR)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 520073 NSE: RACLGEAR Auto Ancillary | Small Cap | RACL Geartech Share Price

₹1,574.45 16.00 (1.03%)

As on 04-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹1,856 Cr.
Current Price
₹1,574.5
52-Week Low / High
₹880 / 1,682
TTM EPS
₹39.9
TTM Sales
₹505 Cr.
Book Value per Share
₹305.8
P/E Ratio
39.46
Higher than its 5-year historical median
Industry PE
48.6
Price to Book (P/B)
5.15
In line with its 5-year historical median
Price to Sales (P/S)
3.67
Higher than its 5-year historical median
EV/EBITDA
16.11
Higher than its 5-year historical median
Dividend Yield
0.1%
Profitability Efficiency
Return on Equity (ROE)
16.05%
Outperforms industry median
Return on Capital Employed (ROCE)
16.80%
Outperforms industry median
Return on Assets (ROA)
6.96%
Operating Profit Margin
21.8%
Net Profit Margin
9.75%
Gross Profit Margin
20.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
14.47%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
20.74%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
82.8%
Asset Quality
Promoter Holding
42.70%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹349 Cr.
Equity
₹11.8 Cr.
Face Value
₹10
All Time Low / High
₹0.85 / 1682.15

RACL Geartech stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Overvalued

Price Trend

Strong
Q.1 Is RACL Geartech Ltd a good quality company?
RACL Geartech Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does RACL Geartech Ltd performance compare with that of its Peers?
Q.1 Revenue growth of RACL Geartech Ltd vs industry peers?
RACL Geartech Ltd revenue CAGR is 18.60%, compared to the industry median CAGR of 13.84%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of RACL Geartech Ltd?
Promoters hold 42.70% of the RACL Geartech Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of RACL Geartech Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 49.3% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
RACL Geartech Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 14.3%12.9%17.4%18.7%19.8%17.8%21.7%18%13%16.8%-
Value Creation
Index
0.0-0.10.20.30.40.30.60.3-0.10.2-

Growth Parameters

Sales 116136190212204271358417417478505
Sales YoY Gr.-17.4%39.5%11.8%-4.1%33.2%32.1%16.5%0%14.5%-
Adj EPS 5.27.49.215.819.420.529.934.117.526.739.9
YoY Gr.-43.7%24.4%71.1%22.8%5.7%45.5%14.3%-48.7%52.2%-
BVPS (₹) 47.855.164.779100.1121.9155.3190211.8298.3305.8
Adj Net
Profit
5.17.49.51720.922.132.236.818.931.447
Cash Flow from Ops. 9.14.619.133.238.910.660.335.362.981.8-
Debt/CF from Ops. 5.914.54.52.72.815.43.484.82.8-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 17%18.6%10.1%14.5%
Adj EPS 20%6.6%-3.7%52.2%
BVPS22.6%24.4%24.3%40.8%
Share Price 49.7% 26% 7.2% 72.4%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
11.114.515.722.521.718.521.619.88.710.813.2
Op. Profit
Mgn %
12.913.216.219.42521.122.823.120.721.822.6
Net Profit
Mgn %
4.45.45810.38.298.84.56.69.3
Debt to
Equity
1.11.21.3111.21.21.41.30.6-
Working Cap
Days
157196180190228204198220256248118
Cash Conv.
Cycle
8311610811512011011913517016431

Valuation of RACL Geartech - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales116136190212204271358417417478
Operating Expenses + 101118159171153214277321331374
Manufacturing Costs354160645580106132135155
Material Costs424864686190110122124135
Employee Cost 17192123232733394451
Other Costs 7101516141829272933
Operating Profit 151831415157829686104
Operating Profit Margin (%) 12.9%13.2%16.2%19.4%25.0%21.1%22.8%23.0%20.7%21.8%
Other Income + 111144961022
Exceptional Items 000000000-0
Interest 566881221243230
Depreciation 45811161619253034
Profit Before Tax 691722303351543463
Tax 1185791414917
Profit After Tax 581017232437402547
PAT Margin (%) 4.4%5.8%5.1%8.0%11.5%8.8%10.5%9.5%6.1%9.8%
Adjusted EPS (₹)5.27.99.515.821.722.234.736.923.639.5
Dividend Payout Ratio (%)0%0%0%6.40%4.60%4.50%4.30%4.10%6.40%3.80%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 47556685108131167205229352
Share Capital 10101011111111111112
Reserves 3845567497121157194218340
Debt +5460757487134164232247197
Long Term Debt101931315271851058560
Short Term Debt44414444356379127162137
Minority Interest0000000000
Trade Payables16212119282938484959
Others Liabilities 1422364955648210911293
Total Liabilities 131157199228278359452595637701

Fixed Assets

Net Fixed Assets +647295109141178228305323343
Gross Block6476105130175227292387429481
Accumulated Depreciation15102034486483105138
CWIP 0000142653
Investments 0000000022
Inventories27333641425795119133138
Trade Receivables31415154557784115140153
Cash Equivalents 31111103128
Others Assets 7111722373339493254
Total Assets 131157199228278359452595637701
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 951933391160356382
PBT 57916243351543463
Adjustment 9101421242839486163
Changes in Working Capital -4-12-8-9-16-43-23-52-27-37
Tax Paid 0-1357-8-7-15-5-7
Cash Flow From Investing Activity + -5-13-31-26-49-55-76-93-46-53
Capex -5-13-31-26-49-55-60-90-43-49
Net Investments 0000000000
Others 00-0000-16-3-3-5
Cash Flow From Financing Activity + -4711-710441857-17-29
Net Proceeds from Shares 00240000080
Net Proceeds from Borrowing 11315-10000-20-25
Interest Paid -5-6-6-8-8-12-21-24-32-30
Dividend Paid 000-1-10-1-2-2-2
Others 0-00-01956398337-52
Net Cash Flow -0-1-0-00-02-0-00
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)13.0815.4116.1322.424.2220.0125.0621.3811.7616.05
ROCE (%)14.3312.9117.3918.6619.8217.7621.6518.0313.0416.8
Asset Turnover Ratio1.040.961.0710.810.850.880.80.680.72
PAT to CFO Conversion(x)1.80.631.91.941.70.461.620.882.521.74
Working Capital Days
Receivable Days58.5094.2087.9089.9097.6088.9082.2087.30110.90111.70
Inventory Days78.5078.4066.3066.6075.2066.8077.5093.60109.40103
Payable Days128.60138.80120.90108.30141.30116.50111.60127.70144146.40

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RACL Geartech Ltd FAQs

The current trading price of RACL Geartech on 04-Sep-2026 16:59 is ₹1,574.5.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Sep-2026 the market cap of RACL Geartech stood at ₹1,856 Cr

The latest P/E ratio of RACL Geartech as of 03-Sep-2026 is 39.46.

The latest P/B ratio of RACL Geartech as of 03-Sep-2026 is 5.15.

The 52-week high of RACL Geartech is ₹1,682.2 and the 52-week low is ₹880.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of RACL Geartech is ₹505 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that RACL Geartech Ltd is a average quality company.

The key valuation ratios of RACL Geartech Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of RACL Geartech Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About RACL Geartech Ltd

The year 1989 witnessed the advent of a leader in the automotive components sector- Raunaq Automotive Components Ltd. (RACL). Over the years, this company has scripted success stories of meeting complex engineering solutions and satisfying challenging customer needs in the field of Motorcycles & Scooters, 3 & 4 Wheeler Passenger & Cargo Vehicles Tractors, ATV, Light& Heavy Commercial Vehicles. It has also diversified in the field of Industrial Gears for Electrical Switch Gears & Circuit Breakers, Winches & Cranes.

RACL has its manufacturing set up spread over an area of more 1,00,000 Sq Mts of land and 7000 Sq Mts of built up area. It is located at Gajraula, 100 kms from New Delhi, on National Highway NH 24, the most important road link between New Delhi with Uttar Pradesh state capital Lucknow. RACL is recognized for manufacturing premium quality Transmission Gears, Shafts, Engine Timing Gears and Sprockets for automotive & industrial applications in the domestic as well as global markets.

RACL’s concerted effort towards growth can be asserted with its state-of-the-art infrastructure meticulously developed with the most modern Production machines, Testing Equipments and pioneering technology.

RACL has successfully achieved a turnover of US Dollars 15.75 million for the year 2007-08 and is constantly exploring new vistas of expansion and growth.

Product range of the company includes:

  • Transmission Gears & Shafts
  • Engine Timing Gears
  • Sprockets & Ratchets
  • Synchronising Cones & Rings
  • Industrial Gears
Clientele:

Catering to a host of industries and serving some of the prestigious names in the automotive sector, RACL has emerged as the most preferred auto components supplier to major OEM’s around the globe. With a strong customer base in Japan, Europe, South East Asia & USA, the company is spreading its wings to further worldwide markets. Owing to their consistent performance and quality focused approach towards engineering, RACL has successfully earned a coveted client base as TIER 1 & TIER 2 supplier, with names like:

  • Piaggio
  • Yamaha
  • Honda
  • Lombardini
  • Areva
  • BRP
  • Hero Motors
  • DANA
  • Swaraj Mazda
Achievements/ recognition:-
  • An ISO 9001 & ISO : TS 16949 certified company
  • 2010 - The Company received Bronze Trophy for Excellence in Exports.
    The Company received Second Prize from CII National Cluster Summit
  • 2011 - The Company received Golden Trophy for Excellence in Exports."

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