Revathi Equipment Ltd Stock Analysis

BSE: 505368 | NSE: REVATHI | Engineering - Industrial Equipments | Small Cap

BSE Share Price 07-Dec-2022 18:17
1077.30 -30.80 (-2.78%)

DeciZen - Make an Informed Decision on Revathi Equipments

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

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

Revathi Equipments Price Chart

P/E Ratio (SA) :
42.95
Market Cap :
330.4 Cr.
52-wk low :
575
52-wk high :
1,160
Bole Toh?

1. Is Revathi Equipment Ltd a good quality company?

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

2. Is Revathi Equipment Ltd undervalued or overvalued?

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

3. Is Revathi Equipment Ltd a good buy now?

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

10 Year X-Ray of Revathi Equipments:

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.
Revathi Equipment 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'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 1.7%-3.7%4.3%11.6%10%-1.8%6.5%6.8%6.9%7%-
Value Creation Index -0.9-1.3-0.7-0.2-0.3-1.1-0.5-0.5-0.5-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 10976.576.514011845.575.47584.710187
YoY Gr. Rt. %--29.8%0%83.3%-15.7%-61.5%65.7%-0.5%12.9%19.7%-
Adj EPS -15.8-52.1153.848.3-19.230.735.738.23825.1
YoY Gr. Rt. %-NANA5119.4%-10.2%-139.9%NA16.1%7%-0.5%-
BVPS (₹) 457.2388.1383.3459.4506.4487.5517.9557.7595.7632.9634.4
Adj Net Profit -4.8-160.316.514.8-5.99.41111.711.78
Cash Flow from Ops. 21.16.69.3-23.4638.818.89.31.228-
Debt/CF from Ops. 3.811.47.3-3.60.5301.827.61-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -0.8%-3%10.4%19.7%
Adj EPS NA-4.7%7.3%-0.5%
BVPS 3.74.66.96.3
Share Price 13.3% 10.8% 42.9% 63.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % -3.4-12.30.312.810-3.96.16.66.66.24
Op. Profit Mgn % 6.3-3.813.41919.110.415.622.422.618.715.1
Net Profit Mgn % -4.4-20.90.411.812.5-1312.514.613.811.58.8
Debt to Equity 0.60.60.60.60.20.200.10.20.10
Working Cap Days 415461405258296582267277429423552
Cash Conv. Cycle 219265239172184346174156170175314

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 10.39%

Sales growth is good in last 4 quarters at 13.66%

Return on Equity has declined versus last 3 years average to 4.00%

Net Profit has been subdued in last 3 years 7.31%

Latest Financials - Revathi Equipment Ltd.

Standalone Consolidated
TTM EPS (₹) 25.1 68.7
TTM Sales (₹ Cr.) 87.3 271
BVPS (₹.) 634.4 684.2
Reserves (₹ Cr.) 191 207
P/BV 1.70 1.57
PE 42.95 15.66
From the Market
52 Week Low / High (₹) 575.00 / 1160.00
All Time Low / High (₹) 10.00 / 1684.35
Market Cap (₹ Cr.) 330
Equity (₹ Cr.) 3.1
Face Value (₹) 10
Industry PE 22.2

Management X-Ray of Revathi Equipments :

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 Revathi Equipments

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

News

Revathi Equipment Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Revathi Equipments on 07-Dec-2022 18:17 is : 1,077.3.
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 07-Dec-2022 18:17 the market cap of Revathi Equipments stood at ₹ 330.4.
The latest PE ratio of Revathi Equipments as of 07-Dec-2022 18:17 is 42.95.
The latest PB ratio of Revathi Equipments as of 07-Dec-2022 18:17 is 1.70
The 52-week high of Revathi Equipments is ₹ 1,160 and the 52-week low is ₹ 575.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Revathi Equipments is ₹ 87.27 ( Cr.) .

About Revathi Equipment Ltd

Revathi Equipment was incorporated as a private company on May 30,1977 under the name of Revathi Equipment Private Ltd and started its manufacturing operations at its present location at Coimbatore, Tamil Nadu. Subsequently, the company was converted into a public limited company on November 4, 1977 and entered into a technical and financial tie-up with world renowned Chicago Pneumatic Tool Company (CP), USA for the manufacture of water well rigs, blast hole rigs, drilling accessories and allied products. Revathi equipments is now a part of the Renaissance Group.

Accordingly, the name of the company was changed to Revathi-CP Equipment Ltd. CP was holding 40% of the paid-up share capital of Revathi and Revathi became a division under the Industrial Tools Division of CP, USA. The balance 60% of the paid-up share capital was with the Indian public and various financial institutions. 

In the mid 80s, CP was acquired by another world renowned European giant Atlas Copco, Sweden. Thus by virtue of such an acquisition, Revathi became a group company of Atlas Copco, Sweden.

In the year 2001, the name of the company was changed from Revathi-CP Equipment to Revathi Equipment.

In the year 2002, Atlas Copco India Ltd and Chicago Pneumatic Tool Company, USA sold their 40% paid-up share capital in Revathi Equipment to Utkal Investments Ltd, New Delhi, which is a part of Renaissance Group headed by A H Dalmia. Thereafter, pursuant to SEBI's Takeover Code, the Group acquired another 20% from the public shareholders to take their stake to 60%.

Revathi Equipment (REL) is registered with BSE, NSE and Coimbatore stock exchanges.

In 2010 the Company has acquired 20% in the equity capital of Satellier Holdings Inc, USA.

Product range of the company includes:

Drilling Equipments

  • Mining
  • Constructing
  • Water Well
  • Exploratory

Concreting Equipment

  • Concrete mixing plant
  • Transit Mixer
  • Concrete Pump

Achievements/ recognition:

The company is ISO 9001 : 2000 certified.

Clientele

Coal Mining

  • Coal India and it's Subsidiaries
  • Tata Iron and Steel Company Ltd (TISCO)
  •  Singareni Collieries Co Ltd

Water Well Drilling

  • Central Ground Water Board 
  • Ground Water Department of various state governments

Limestone Mining

  • Gujarat Ambuja Cement
  • Rajashree Cement
  • Zuari Cement

Exports

  • Bucyrus International Inc., USA
  • Sullivan Palatek Inc, USA
  • Globe Compressors, Australia
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