Remi Elektrotechnik Ltd - Stock Valuation and Financial Performance

BSE: 512487 | NSE: | Medical Equipment/Supplies/Accessories | Small Cap

Remi Elektrotechnik Share Price

12.08 0.00 0.00%
as on 09-Sep'20 18:01

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Remi Elektrotechnik stock performance -

mw4me loader
P/E Ratio (SA):
0.26
Market Cap:
5.9 Cr.
52-wk low:
12.1
52-wk high:
12.1

Is an attractive stock to invest in?

1. Is a good quality company?

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

2. Is undervalued or overvalued?

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

3. Is a good buy now?

No data found

10 Year X-Ray of Remi Elektrotechnik:

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.
Remi Elektrotechnik 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'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 8.2%6.6%10.5%6.1%2.2%6.3%7.2%5.8%7.8%13.3%-
Value Creation
Index
-0.4-0.5-0.3-0.6-0.8-0.6-0.5-0.6-0.4-0.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 10585.8115100106104110105115152152
Sales YoY Gr.--18.6%34.2%-13%5.7%-1.7%5.8%-4.5%9.1%32.2%-
Adj EPS 11.59.116.18.7-010.613.911.616.832.745.6
YoY Gr.--21.3%77.7%-46.1%-100.2%NA31.1%-16.6%44.8%94.7%-
BVPS (₹) 55.164.178.681.382.793.4188.6200.7221.8267.2200
Adj Net
Profit
5.64.47.84.205.26.85.68.215.922
Cash Flow from Ops. 9.42.39.1-1.82449.48.16.215.91.2-
Debt/CF from Ops. 3.514.93-19.50.70.40.60.80.11.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.1%7.5%11.3%32.2%
Adj EPS 12.3%NA33%94.7%
BVPS19.2%26.4%12.3%20.5%
Share Price -3.1% 2% - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on
Equity %
8.96.510.75.5-06.37.76813.419.5
Op. Profit
Mgn %
11.611.714.911.54.8810.48.310.413.37.9
Net Profit
Mgn %
5.35.26.84.2-056.15.47.110.514.7
Debt to
Equity
1.21.10.70.90.40.40.10.100-
Working Cap
Days
302367308374355282190205199172113
Cash Conv.
Cycle
24930125331229922814816214712565

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

Net Profit has been subdued in last 3 years %

Sales growth is not so good in last 4 quarters at %

Latest Financials - Remi Elektrotechnik Ltd.

Standalone Consolidated
TTM EPS (₹) 45.6 -
TTM Sales (₹ Cr.) 152 -
BVPS (₹.) 200 -
Reserves (₹ Cr.) 92 -
P/BV 0.06 -
PE 0.26 -
From the Market
52 Week Low / High (₹) 12.08 / 12.08
All Time Low / High (₹) 2.70 / 16.60
Market Cap (₹ Cr.) 5.9
Equity (₹ Cr.) 4.9
Face Value (₹) 10
Industry PE 58.2

Management X-Ray of Remi Elektrotechnik:

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 Remi Elektrotechnik

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Sales105.2885.75115.04100.07105.78104.02110.07105.08114.62151.57
Operating Expenses 93.1275.7497.8588.56100.7195.7498.6596.36102.68131.50
Manufacturing Costs12.3515.0723.2723.1522.7518.2916.1819.5614.7122.54
Material Costs63.2347.1655.5049.3260.1460.6563.0457.2270.4984.34
Employee Cost 7.067.587.938.399.119.569.9910.429.4411.68
Other Costs 10.485.9311.157.708.717.249.449.168.0512.95
Operating Profit 12.1610.0117.1911.505.078.2811.438.7211.9420.06
Operating Profit Margin (%) 11.5%11.7%14.9%11.5%4.8%8.0%10.4%8.3%10.4%13.2%
Other Income 0.191.140.980.201.292.141.732.064.0511.43
Interest 2.973.304.393.393.331.540.560.230.100.02
Depreciation 1.041.321.841.941.891.902.522.462.412.32
Exceptional Items 0000000000
Profit Before Tax 8.346.5311.936.381.156.9810.088.0913.4829.16
Tax 2.722.134.032.140.431.802.381.883.416.98
Profit After Tax 5.624.407.914.240.715.177.706.2110.0722.18
PAT Margin (%) 5.3%5.1%6.9%4.2%0.7%5.0%7.0%5.9%8.8%14.6%
Adjusted EPS (₹)11.69.116.38.71.510.615.812.820.745.6
Dividend Payout Ratio (%)0%0%6%57%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22

Equity and Liabilities

Shareholders Fund 65.4969.8976.9678.2778.9584.1691.7697.65107.88130.01
Share Capital 4.874.874.874.874.874.874.874.874.874.87
Reserves 60.6365.0372.0973.4174.0879.2986.9092.78103.02125.15
Minority Interest0000000000
Debt32.0733.6027.3435.2717.7318.294.674.961.111.36
Long Term Debt4.0915.3615.1721.168.196.350.02000
Short Term Debt27.9918.2412.1614.119.5411.944.664.961.111.36
Trade Payables7.649.019.608.9210.848.536.358.6412.8313.70
Others Liabilities 10.3112.4615.4014.6921.1416.8518.8118.7326.2426.38
Total Liabilities 115.52124.97129.30137.14128.65127.82121.60129.99148.05171.45

Fixed Assets

Gross Block23.3532.4833.3433.7836.6337.6538.7439.4439.9541.08
Accumulated Depreciation8.039.3411.4113.3515.2116.8318.3120.0421.7723.54
Net Fixed Assets15.3223.1421.9220.4321.4220.8220.4319.4118.1817.54
CWIP 0000000000
Investments 0.040.040.040.040.1849.2041.8845.6153.0329.97
Inventories60.3867.1678.1579.2771.2214.7316.8523.8020.9128.49
Trade Receivables21.4726.0922.5629.3631.1738.4535.9732.0739.6145.11
Cash Equivalents 11.202.910.710.180.430.691.544.5711.9519.27
Others Assets7.095.635.917.864.243.944.944.534.3831.06
Total Assets 115.52124.97129.30137.14128.65127.82121.60129.99148.05171.45

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Cash Flow From Operating Activity 9.372.279.12-1.8124.0149.438.116.1715.891.23
PBT 8.346.5311.936.381.156.9810.088.0913.4829.16
Adjustment 3.813.485.255.134.811.391.350.63-1.54-9.10
Changes in Working Capital -0.06-5.99-4.21-11.1618.1442.98-0.82-0.127.18-11.67
Tax Paid -2.73-1.75-3.86-2.16-0.09-1.92-2.37-2.08-3.38-7.10
Cash Flow From Investing Activity -0.27-8.92-0.73-0.31-2.76-48.196.91-3.18-4.555.87
Capex -0.41-9.13-0.99-0.44-1.76-1.12-1.39-0.68-0.55-1.13
Net Investments 000.070-0.07-49.218-3.76-5.404.55
Others 0.140.210.190.13-0.932.140.301.261.402.45
Cash Flow From Financing Activity 1.89-1.65-10.591.59-20.87-0.98-14.180.05-3.960.23
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -12.1810.47-0.235.89-12.97-1.84-7.28-0.0200
Interest Paid -2.92-2.37-3.69-3.32-3.33-1.54-0.56-0.23-0.10-0.02
Dividend Paid 00-0.490000000
Others 16.99-9.74-6.18-0.98-4.572.40-6.330.30-3.850.25
Net Cash Flow 10.99-8.29-2.20-0.530.390.260.853.047.387.32
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Ratios
ROE (%)23.4315.1922.7710.91.7912.0711.226.569.818.65
ROCE (%)20.6515.7324.9313.866.7213.9513.268.3612.8424.28
Asset Turnover Ratio0.980.780.960.820.860.830.880.840.820.95
PAT to CFO Conversion(x)1.670.521.15-0.4333.829.561.050.991.580.06
Working Capital Days
Receivable Days6493738796120123118114102
Inventory Days21824921726423914852717159
Payable Days45646169605843485657

Remi Elektrotechnik Ltd Stock News

Remi Elektrotechnik Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Remi Elektrotechnik on 09-Sep-2020 18:01 is ₹12.08.
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 09-Sep-2020 18:01 the market cap of Remi Elektrotechnik stood at ₹5.88.
The latest P/E ratio of Remi Elektrotechnik as of 09-Sep-2020 18:01 is 0.26.
The latest P/B ratio of Remi Elektrotechnik as of 09-Sep-2020 18:01 is 0.06.
The 52-week high of Remi Elektrotechnik is ₹12.08 and the 52-week low is ₹12.08.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Remi Elektrotechnik is ₹151.6 ( Cr.) .

About Remi Elektrotechnik Ltd

Rajendra Electrical Industries (REIL) is part of the REMI Group and is engaged in manufacturing all types electric and geared motors, with well over 1.5 million motors approved in the market.

In 1970, the promoters of Rajendra Electrical Industries went to Germany and obtained a license from ‘VEM Kombinat Electromaschinenbau’ to manufacture single-phase, three-phase and flame-proof motors. A few years later, the company extended its relationship with the foreign collaborator by introducing a geared motor range manufactured in India.

As time progressed and in order to expand its product range, the company collaborated with another German entity called ‘Stephan-Werke GmbH’. With these collaborations, extensive production has been going on over the years.

Many of the models have developed and engineered to be more efficient at a lower price by the company’s in-house research and development team.

In early 2007, to cope with overwhelming demand for its products, which could not be met due to space constraints, the company’s factory was relocated in Vasai, on the outskirts of Mumbai. REIL’s plan is to increase production of electric motors by 100%, and for its other motors (geared and flame-proof) by over 150%.

Milestones

  • 1970 - Rajendra Electrical Industries became a licensee of VEM Kombinat Electromaschinenbau, Germany. The company developed standard 3-phase motors, flame-proof motors and single-phase motors.
  • 1975 - The company received CMRS approval for flame-proof motors.
  • 1976 - It introduced helical geared motors under licensee of ‘VEM’. Further, it also received DGMS approval for flame-proof motors.
  • 1988 - Rajendra Electrical Industries became licensee of ‘Stephan-Werke GmbH’ for helical geared motors.
  • 1998 - The company bagged ISO Approval.
  • 2007 - The company shifted to new premises in Vasai for expansion
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