RACL Geartech Ltd Stock Analysis

BSE: 520073 | NSE: | Auto Ancillary | Small Cap

BSE Share Price Aug 12, 18:03
564.50 -1.10 (-0.19%)

DeciZen - Make an Informed Decision on RACL Geartech

Overall Rating

1. Quality

2. Valuation

Overvalued

3. Price Trend

RACL Geartech Price Chart

P/E Ratio (SA) :
24.39
Market Cap :
608.6 Cr.
52-wk low :
419.9
52-wk high :
754
Bole Toh?

1. Is RACL Geartech Ltd a good quality company?

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

2. Is RACL Geartech Ltd undervalued or overvalued?

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

3. Is RACL Geartech Ltd a good buy now?

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

10 Year X-Ray of RACL Geartech:

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 not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 12.5%8.9%8.7%10.9%10%9.9%10.2%10.2%14.1%13.8%-
Value Creation Index -0.1-0.4-0.4-0.2-0.3-0.3-0.3-0.30.0-0.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 98.795.1104108118116136190212204292
YoY Gr. Rt. %--3.7%9.7%3.1%9.5%-1.5%17.4%39.5%11.8%-4.1%-
Adj EPS 3.11.82.13.63.75.27.49.215.819.423.1
YoY Gr. Rt. %--42.3%19.3%71.9%3.3%38.6%43.7%24.4%71.1%22.8%-
BVPS (₹) 22.223.225.12831.347.855.164.779100.1127.5
Adj Net Profit 2.71.61.93.63.75.17.49.51720.925
Cash Flow from Ops. -0.4-46.44.110.39.14.619.133.245.9-
Debt/CF from Ops. -92.9-9.66.18.92.95.914.54.52.72.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 8.4%11.6%14.4%-4.1%
Adj EPS 22.8%39.1%37.7%22.8%
BVPS 18.226.222.126.8
Share Price 47.6% 58.7% 106.3% 5.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 14.45.85.49.48.611.114.515.722.521.720.3
Op. Profit Mgn % 10.210.413.114.712.612.913.216.219.42520.3
Net Profit Mgn % 2.81.71.83.33.14.45.45810.38.5
Debt to Equity 1.81.91.71.311.11.21.311-
Working Cap Days 1091391461471301571961801902280
Cash Conv. Cycle 4053384555831161081151200

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 20.30%

Sales growth is growing at healthy rate in last 3 years 14.36%

Net Profit is growing at healthy rate in last 3 years 37.72%

Debt to equity has declined versus last 3 years average to 1.00

Sales growth is good in last 4 quarters at 24.59%

No data to display

Latest Financials - RACL Geartech Ltd.

Standalone Consolidated
TTM EPS (₹) 23.1 23.2
TTM Sales (₹ Cr.) 292 292
BVPS (₹.) 127.5 127.5
Reserves (₹ Cr.) 127 127
P/BV 4.43 4.44
PE 24.39 24.42
From the Market
52 Week Low / High (₹) 419.90 / 754.00
All Time Low / High (₹) 0.85 / 754.00
Market Cap (₹ Cr.) 609
Equity (₹ Cr.) 10.8
Face Value (₹) 10
Industry PE 40.1

Management X-Ray of RACL Geartech :

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 (%)

Event Update

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Analyst's Notes

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Key Ratios of RACL Geartech

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

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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