X

RACL Geartech Ltd. Stock Analysis

Small Cap
Evaluated by 280 users | BSE: 520073 | NSE: |
Auto Ancillary
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...

Analysis of Financial Track Record

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.
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 13.07%12.48%8.92%8.71%10.91%9.95%9.93%10.23%10.24%14.11%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 82.798.795.1104108118116136190212
Y-o-Y Gr. Rt.-19.4%-3.7%9.7%3.1%9.5%-1.5%17.4%39.5%11.8%
Adjusted EPS (Rs.) 3.273.051.762.13.613.735.177.439.2415.81
Y-o-Y Gr. Rt.--6.7%-42.3%19.3%71.9%3.3%38.6%43.7%24.4%71.1%
Book Value per Share (Rs.) 20.1822.223.2325.0728.0131.3247.7855.0564.6578.98
Adjusted Net Profit 2.62.71.61.93.63.75.17.49.517
Net Op. Cash Flow (Rs. Cr.) 5.5-0.4-46.44.110.39.14.619.133.2
Debt to Cash Flow from Ops 4.52-92.89-9.556.068.882.925.8914.544.462.67
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
RACL Geartech Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 11.1%14.6%22.3%11.8%
Adjusted EPS 19.1%34.4%45.2%71.1%
Book Value per Share 16.42318.222.2
Share Price 26.5% 29.3% 20.3% 40.2%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 16.8114.395.755.419.378.6311.1414.4515.6922.48
Operating Profit Margin (%) 10.8410.1910.3713.114.6812.5712.8813.2216.219.4
Net Profit Margin (%) 3.142.761.661.83.343.144.435.4258.03
Debt to Equity 1.561.781.861.741.320.971.131.221.281.04
Working Capital Days 104109139146147130157196180190
Cash Conversion Cycle 30405338455583116108115
Entity Percentage Holding
Promoters 53.31%
Non-Institutions 46.68%
Pledged *31.1630.4328.4228.5628.5415.1315.190.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of RACL Geartech Ltd.'s performance infers:

RACL Geartech Ltd. earnings have grown by 34.4%, whereas share price has appreciated 29.3% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of RACL Geartech Ltd. share prices over the last 10 years. Here is what we found out:

RACL Geartech Ltd. share price has appreciated 20% annually over the past ten years.

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
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."

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback