Rexnord Electronics & Controls Ltd - Stock Valuation and Financial Performance

BSE: 531888 | NSE: | Electric Equipment | Small Cap

Rexnord Electronics Share Price

98.20 -2.20 -2.19%
as on 19-Mar'24 16:59

DeciZen - make an informed investing decision on Rexnord Electronics

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

1. Quality

2. Valuation

Fair

3. Price Trend

Rexnord Electronics & Controls stock performance -

mw4me loader
P/E Ratio (SA):
20.98
Market Cap:
112.1 Cr.
52-wk low:
93.1
52-wk high:
175

Is Rexnord Electronics & Controls Ltd an attractive stock to invest in?

1. Is Rexnord Electronics & Controls Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Rexnord Electronics & Controls Ltd is a average quality company.

2. Is Rexnord Electronics & Controls Ltd undervalued or overvalued?

The key valuation ratios of Rexnord Electronics & Controls Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Rexnord Electronics & Controls Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Rexnord Electronics & Controls 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 Rexnord Electronics:

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.
Rexnord Electronics & Controls 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 % 13.1%15.7%10.9%11.9%10.8%10.8%11.2%9%16.9%15.2%-
Value Creation
Index
-0.10.1-0.2-0.2-0.2-0.2-0.2-0.40.20.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 4052.651.556.756.662.665.250.271.188.594
Sales YoY Gr.-31.5%-2.1%10.1%-0.3%10.7%4.2%-23.1%41.7%24.5%-
Adj EPS 2.63.62.12.72.93.33.63.47.47.34.8
YoY Gr.-41.3%-43.3%31.6%8.5%12.6%9.1%-4.7%116%-1.6%-
BVPS (₹) 19.221.521.524.827.931.435.137.946.151.962.1
Adj Net
Profit
1.72.82.133.33.743.88.38.25
Cash Flow from Ops. 6.30.31.33.40.32.16.411.910.83.1-
Debt/CF from Ops. 1.438.461.434.84.31.30.50.62.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 9.2%9.4%10.7%24.5%
Adj EPS 12.3%20%26.5%-1.6%
BVPS11.7%13.2%13.9%12.5%
Share Price 29.3% 23.2% 46.4% 1.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
14.618.210.212.111.211.210.99.417.714.98.4
Op. Profit
Mgn %
1212.711.111.511.8121214.918.115.814
Net Profit
Mgn %
4.25.245.35.85.96.27.711.79.25.7
Debt to
Equity
0.70.60.40.20.30.30.20.10.10.1-
Working Cap
Days
1029612512816417519123113613296
Cash Conv.
Cycle
4751757397109112118738067

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 10.69%

Net Profit is growing at healthy rate in last 3 years 26.51%

Sales growth is good in last 4 quarters at 10.85%

Return on Equity has declined versus last 3 years average to 8.40%

Latest Financials - Rexnord Electronics & Controls Ltd.

Standalone Consolidated
TTM EPS (₹) 4.8 4.7
TTM Sales (₹ Cr.) 94.1 94.1
BVPS (₹.) 62.1 61
Reserves (₹ Cr.) 58 57
P/BV 1.62 1.64
PE 20.98 21.28
From the Market
52 Week Low / High (₹) 93.10 / 175.00
All Time Low / High (₹) 0.75 / 175.00
Market Cap (₹ Cr.) 112
Equity (₹ Cr.) 11.2
Face Value (₹) 10
Industry PE 77.1

Management X-Ray of Rexnord Electronics:

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 Rexnord Electronics

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
Sales40535257576365507188
Operating Expenses 35464650505557435875
Manufacturing Costs798999981012
Material Costs23313033323840284153
Employee Cost 2334555456
Other Costs 3444343233
Operating Profit 566777871314
Operating Profit Margin (%) 11.7%12.0%10.9%11.5%11.8%11.9%12.0%14.9%17.7%15.6%
Other Income 0001111111
Interest 1221112112
Depreciation 1111122222
Exceptional Items 1000000-21-2
Profit Before Tax 34355654129
Tax 1112121132
Profit After Tax 2223344396
PAT Margin (%) 4.9%4.8%3.9%5.8%6.1%6.3%6.2%6.2%13.0%7.3%
Adjusted EPS (₹)3.03.32.02.93.13.63.72.88.35.8
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 12162128313539425158
Share Capital 681011111111111111
Reserves 691117202428314047
Minority Interest0000000000
Debt7875998555
Long Term Debt3221113210
Short Term Debt4553875445
Trade Payables88777410555
Others Liabilities 465555651615
Total Liabilities 30384043515362577783

Fixed Assets

Gross Block26252518202125264036
Accumulated Depreciation119101346787
Net Fixed Assets15161616171719193228
CWIP 0000000000
Investments 0001213432
Inventories7111214171822171823
Trade Receivables4687879336
Cash Equivalents 434333381515
Others Assets1113467769
Total Assets 30384043515362577783

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 601302612113
PBT 34355654129
Adjustment 1322223215
Changes in Working Capital 3-5-3-2-5-4-061-7
Tax Paid -1-1-1-1-2-2-1-1-3-3
Cash Flow From Investing Activity -2-4-30-4-1-5-6-130
Capex -2-4-1-2-2-1-4-2-5-5
Net Investments 00-21-21-2-4-80
Others 00000-11005
Cash Flow From Financing Activity -23-1-24-1-2-40-3
Net Proceeds from Shares 0322000000
Net Proceeds from Borrowing -10-1-1002-21-2
Interest Paid -1-1-1-1-1-1-1-1-1-1
Dividend Paid 0000000000
Others 010-240-3-100
Net Cash Flow 3-1-210002-20
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)17.0617.4310.6213.3411.7111.9610.977.5919.6611.74
ROCE (%)21.2721.6716.0718.7815.815.9415.0210.3724.9916.74
Asset Turnover Ratio1.521.661.451.51.221.21.140.841.061.11
PAT to CFO Conversion(x)300.5100.51.541.220.5
Working Capital Days
Receivable Days38334645484343411418
Inventory Days59587374971031121408984
Payable Days74606468755262924232

Rexnord Electronics & Controls Ltd Stock News

Rexnord Electronics & Controls Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Rexnord Electronics on 19-Mar-2024 16:59 is ₹98.20.
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-Mar-2024 16:59 the market cap of Rexnord Electronics stood at ₹112.0.
The latest P/E ratio of Rexnord Electronics as of 19-Mar-2024 16:59 is 20.98.
The latest P/B ratio of Rexnord Electronics as of 19-Mar-2024 16:59 is 1.62.
The 52-week high of Rexnord Electronics is ₹175.0 and the 52-week low is ₹93.10.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Rexnord Electronics is ₹94.11 ( Cr.) .

About Rexnord Electronics & Controls Ltd

Rexnord Electronics & Controls Ltd was established in 1988 and with a constant endevour on improvising Quality service, Quality Products and new ideas for over a decade; they have travelled a very long journey of success in a very short time.

Rexnord Electronic and Controls is a manufacturer of Dehumidifiers, High Speed Fans, Cooling Fans, Aluminium Impellors and Motors.

At Rexnord they not just have the latest techniques and machineries (manufacturing unit) to meet up with any production quantity, but also a team of highly qualified and enthusiastic professionals, constantly striving for high quality product profile and high quality service.

They also have an inhouse research and developement to understand the latest needs of their consumers and develop new techniques and methods for the development of new variety of products.

Over a decade, with a presence of strong Industry competition, Rexnord has emerged as one of the major players in the market. A true representation of the same can be seen by the series of Awards & recognitions that the Company has received. Its quality has earned recognition from International Companies like Voltas, Carrier, Blue Star, Videocon, Whirpool, and many others. The manufacturing facilities of the company are certified by ISO-9001-2000, UL and CE indicating  its focus on quality.

Company’s Policy is to be the industry leader in its field by manufacturing and marketing innovative, low cost, high quality products of international standard.

Product range of the company includes:

  • AC Axil Fans
  • Dehumidifier
  • C Frame Type Motor
  • Gear Motor
  • Cross Flow Fan
  • Condensor Cooling & Evaporator Motor
  • Accessories

Latest Products:

  • Dehumidifire
  • Cross Flow Fan
  • High Speed Fan
  • Alarm Type Fan

Achievements/ recognition:

  • ISO 9001-2000
  • UL Certification
  • CE Certification
  • Excellence in Exports Award from the Prime Minister of India
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