RTS Power Corporation Ltd - Stock Valuation and Financial Performance

BSE: 531215 | NSE: | Electric Equipment | Small Cap

RTS Power Corp Share Price

199.10 16.55 9.07%
as on 19-Apr'24 16:01

DeciZen - make an informed investing decision on RTS Power Corp

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

RTS Power Corporation stock performance -

mw4me loader
P/E Ratio (SA):
33.34
Market Cap:
167.4 Cr.
52-wk low:
108.1
52-wk high:
211

Is RTS Power Corporation Ltd an attractive stock to invest in?

1. Is RTS Power Corporation Ltd a good quality company?

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

2. Is RTS Power Corporation Ltd undervalued or overvalued?

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

3. Is RTS Power Corporation Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of RTS Power Corporation 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 RTS Power Corp:

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.
RTS Power Corporation Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 7.6%9.7%6.1%5.6%7.5%10.8%11%4.3%3.6%7.2%-
Value Creation
Index
-0.5-0.3-0.6-0.6-0.5-0.2-0.2-0.7-0.7-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 14217114212121325211260.73368.656
Sales YoY Gr.-20.3%-16.7%-15.2%76.6%18.1%-55.4%-45.9%-45.7%108%-
Adj EPS 0.20.90.21.85.15.914.44.73.810.45.5
YoY Gr.-355%-82.4%1037.5%180.2%14.7%146.2%-67.4%-18.8%171.7%-
BVPS (₹) 53.854.657.2121.8127.5123.4136.7141.1146.5157161.7
Adj Net
Profit
0.20.70.11.54.25.413.24.33.59.55
Cash Flow from Ops. 20.415.22.39.76.618.629.419.310.41.6-
Debt/CF from Ops. 23133.25.21.70.20.41.16.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -7.8%-20.3%-15.1%108%
Adj EPS 55%15.2%-10.4%171.7%
BVPS12.6%4.3%4.7%7.2%
Share Price 30.6% 40.3% 66.7% 48.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
0.41.70.31.94.14.911.13.42.76.83.4
Op. Profit
Mgn %
7.27.44.56.76.76.87.84.8619.28.1
Net Profit
Mgn %
0.10.40.11.222.111.87.110.613.88.9
Debt to
Equity
0.910.60.30.30.30.10.10.10.1-
Working Cap
Days
303281277315230200314441634254218
Cash Conv.
Cycle
106701021549183157196269131135

Recent Performance Summary

Sales growth is good in last 4 quarters at 37.38%

Return on Equity has declined versus last 3 years average to 3.40%

Sales growth has been subdued in last 3 years -15.13%

Net Profit has been subdued in last 3 years -10.42%

Latest Financials - RTS Power Corporation Ltd.

Standalone Consolidated
TTM EPS (₹) 5.5 5.3
TTM Sales (₹ Cr.) 56.2 138
BVPS (₹.) 161.7 154.6
Reserves (₹ Cr.) 139 133
P/BV 1.13 1.18
PE 33.34 34.41
From the Market
52 Week Low / High (₹) 108.10 / 211.00
All Time Low / High (₹) 9.50 / 307.75
Market Cap (₹ Cr.) 167
Equity (₹ Cr.) 9.2
Face Value (₹) 10
Industry PE 86.3

Management X-Ray of RTS Power Corp:

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

Key Ratios of RTS Power Corp

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales142171142121213252112613369
Operating Expenses 132158136113199235106583155
Manufacturing Costs15189812137435
Material Costs1081301099416319081431940
Employee Cost 2233334333
Other Costs 78168213014968
Operating Profit 101368141773213
Operating Profit Margin (%) 7.1%7.4%4.5%6.7%6.7%6.7%5.9%4.4%5.8%19.2%
Other Income 1132272795
Interest 911769143222
Depreciation 1222223222
Exceptional Items 0020000000
Profit Before Tax 01326835614
Tax 011022-9114
Profit After Tax 012146124510
PAT Margin (%) 0.1%0.4%1.5%1.2%2.0%2.2%10.6%6.8%13.7%14.3%
Adjusted EPS (₹)0.10.82.61.85.16.012.94.54.910.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 44455499104113125129134144
Share Capital 88168899999
Reserves 3636399196104116120125135
Minority Interest0000000000
Debt404530313431781111
Long Term Debt1112210053
Short Term Debt3944292932316769
Trade Payables817830447944201059
Others Liabilities 56437403528292726
Total Liabilities 171174118211258223180176177190

Fixed Assets

Gross Block31333290929396979797
Accumulated Depreciation1719192469111315
Net Fixed Assets14141388888788868482
CWIP 1000000000
Investments 22014811144654
Inventories48372942393523181518
Trade Receivables879357601097440201421
Cash Equivalents 7167109106452
Others Assets121211109912341414
Total Assets 171174118211258223180176177190

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 20152107192919102
PBT 01326835614
Adjustment 101257101010-111
Changes in Working Capital 102-51-8517155-9
Tax Paid 00-1-1-1-4-1-1-2-5
Cash Flow From Investing Activity -5-15-3-21-8-18-8-3
Capex -1-11-1-2-10000
Net Investments 000-1-11-6-2-28-8
Others -404-111-1-15205
Cash Flow From Financing Activity -16-6-15-7-5-14-27-12-2
Net Proceeds from Shares 0000030000
Net Proceeds from Borrowing 00-100-70100
Interest Paid -9-11-7-6-8-8-3-2-2-2
Dividend Paid 0000000000
Others -75-703-1-24040
Net Cash Flow -17-80-15-503-3
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)0.271.424.632.044.115.069.953.233.447.07
ROCE (%)10.81411.527.6410.6415.684.425.545.8810.64
Asset Turnover Ratio1.031.091.080.730.911.050.560.340.190.37
PAT to CFO Conversion(x)N/A151101.753.172.424.7520.2
Working Capital Days
Receivable Days17917517417614513318518018592
Inventory Days99837710869549512318188
Payable Days20522318114213811814312714164

RTS Power Corporation Ltd Stock News

RTS Power Corporation Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of RTS Power Corp on 19-Apr-2024 16:01 is ₹199.1.
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 19-Apr-2024 16:01 the market cap of RTS Power Corp stood at ₹167.4.
The latest P/E ratio of RTS Power Corp as of 19-Apr-2024 16:01 is 33.34.
The latest P/B ratio of RTS Power Corp as of 19-Apr-2024 16:01 is 1.13.
The 52-week high of RTS Power Corp is ₹211.0 and the 52-week low is ₹108.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of RTS Power Corp is ₹56.20 ( Cr.) .

About RTS Power Corporation Ltd

RTS Power Corporation Limited (RTS) was incorporated in 1947 under the name & style of Bhanwarlal Bhutoria ltd. The company was set up as a power & distribution transformer manufacturing unit at Jaipur in 1971. The name of the company was changed to RTS Power Corporation Ltd. in the year 1994.

RTS is the flagship company of the Bhutoria Group. The history of the group goes back to more than 175 years. The Bhutorias' business activities included owning a jute mill, jute goods traders and exporters, financiers, cold storages and properties.

RTS at present has five manufacturing units located in Jaipur, Agra and Calcutta. They also undertake repair of burnt / damaged power & distribution transformers. The major customers of the company are state electricity boards / private utilities and some public sector and private sector units.

The management of the company vests with the board of directors which previously consisted mainly of the members of the family, who, as a result of their long association with the management of the company, have acquired invaluable handsome experience and professional expertise in various aspects of the transformer industry.

To further strengthen the functional efficiency of the board, well known professionals from the fields of power generation, finance, management etc, have been inducted.

The shares of the company are listed in the Bombay Stock Exchange & Calcutta Stock Exchange.

Product range of the company includes:

The company is engaged in the manufacture and repair of power & distribution transformers from 5 KVA to the, range of 50000 KVA or 50 M`VA, (132 KV / 66 KV / 33 KV / 11 KV Class).

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