BSE: 522207 | NSE: | Auto Ancillary | Small Cap
1. Is Rasandik Engineering Industries India Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Rasandik Engineering Industries India Ltd is a average quality company.
2. Is Rasandik Engineering Industries India Ltd undervalued or overvalued?
The key valuation ratios of Rasandik Engineering Industries India Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is Rasandik Engineering Industries India Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Rasandik Engineering Industries India Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||12.3%||4.8%||11.7%||8.5%||10.2%||6.4%||5.4%||2.3%||0.7%||2.9%||-|
|Value Creation Index ⓘ||-0.1||-0.7||-0.2||-0.4||-0.3||-0.6||-0.6||-0.8||-1.0||-0.8||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||-21.5%||8.7%||-5.7%||10.2%||11.1%||11.7%||-22.2%||-34.1%||51%||-|
|Adj EPS ⓘ||7.2||-10.9||12.7||2.6||10.5||2.7||3.3||-5.6||-9.6||-4.5||0.6|
|YoY Gr. Rt. %||-||-250.6%||NA||-79.8%||310.6%||-74.5%||21.3%||-271.4%||NA||NA||-|
|BVPS (₹) ⓘ||52.8||41.3||53.3||55.7||164.2||167.1||179.5||174.1||164.6||160.3||160.9|
|Adj Net Profit ⓘ||3.4||-5.2||6||1.2||5||1.3||1.9||-3.3||-5.8||-2.7||0|
|Cash Flow from Ops. ⓘ||21.8||11||-10.6||7.3||24.9||36.7||10||24.5||2.6||12.1||-|
|Debt/CF from Ops. ⓘ||4.4||9.3||-12.3||19||5.2||3.1||9.5||3.3||34.9||7.3||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||-194.9%||-184.4%||-211.5%||NA|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||14.6||-23.2||26.8||4.7||9.6||1.6||2.1||-3.2||-5.7||-2.8||0.4|
|Op. Profit Mgn % ⓘ||13.9||11.8||8.7||10.5||11.2||11.1||9.6||0.8||9.8||7.5||7.1|
|Net Profit Mgn % ⓘ||1.4||-2.7||2.9||0.6||2.3||0.5||0.7||-1.6||-4.2||-1.3||0.2|
|Debt to Equity ⓘ||3.9||5.2||5.2||5.2||1.7||1.5||0.9||0.8||0.9||0.9||-|
|Working Cap Days ⓘ||101||124||112||130||131||127||120||139||181||132||0|
|Cash Conv. Cycle ⓘ||10||34||49||59||51||44||52||64||85||68||0|
Return on Equity has increased versus last 3 years average to 0.40%
Debt to equity has declined versus last 3 years average to 0.91
Sales growth has been subdued in last 3 years -8.17%
Net Profit has been subdued in last 3 years -211.54%
Sales growth is not so good in last 4 quarters at -10.24%
|TTM EPS (₹)||0.6||10.6|
|TTM Sales (₹ Cr.)||181||249|
|BVPS (₹.) ⓘ||160.9||0|
|Reserves (₹ Cr.) ⓘ||90||30|
|From the Market|
|52 Week Low / High (₹)||56.41 / 153.70|
|All Time Low / High (₹)||3.50 / 301.00|
|Market Cap (₹ Cr.)||35|
|Equity (₹ Cr.)||6|
|Face Value (₹)||10|
|Industry PE ⓘ||30.9|
Rasandik Engineering Industries India Ltd.is a respectively a new company established in 1986, a dynamic and forward thinking auto sheet metal component manufacturer. Totally committed to quality throughout its manufacturing processes, Rasandik is TS 16949 and ISO 14001 accredited company.
From its inception in 1986, Rasandik's growth has been impressive and it now supply fuel tanks and other steel metal components including Sub Assemblies, Engine Mounting, Suspension Parts, Rear Axle, Pedal Assembly and other parts to many of India's leading OEMs'A tier 1supplier, Rasandik's customers include Maruti, Honda, and Fiat India, amongst others.
Rasandik was quick to realise that suppliers will need to shift their perception from using low technology to state-of-the-art. The use of high level of automation in Press Shop and Robotics in welding would result in product quality consistency of enhancement of productivity levels. To realize this goal, the company has invested heavily in advanced equipment and technology including CATIA, Unigraphics & Hyperform software being used in designing and development of Components, Tools and Dies, Welding and Checking Fixtures.
The CAM section of the software assists in manufacture of Tools & Dies at a rapid pace. To cement our stake in the global market Rasandik has further planned to offer Tailor Welded Blank system and provide a single point responsibility from product design to product delivery. Establishing an independent Tool Shop in 2002, Rasandik is capable of offering Turnkey Solutions for CAD/CAM/ CAE and Reverse Engineering around CATIA and Unigraphics applications package. Rasandik is rapidly moving up the value addition chain and becoming an integrated component manufacturer.
Product range of the company includes: