Is Remi Elektrotechnik Ltd (512487) 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 .

Is Remi Elektrotechnik Ltd (512487) 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 .

What is Remi Elektrotechnik Ltd (512487) share price return in the past 10 years?

Remi Elektrotechnik Ltd share price has declined -2.4% annually (CAGR) over the past ten years.

What is the share price of Remi Elektrotechnik Ltd (512487)?

Company share prices are keep on changing according to the market conditions. The current trading price of Remi Elektrotechnik Ltd (512487) on 09-Sep-2020 18:01:07 at 18:01 is 12.08.

What is the P/E ratio of Remi Elektrotechnik?

The latest standalone P/E ratio of Remi Elektrotechnik as of 09-Sep-2020 is 0.26.

What is the P/B ratio of Remi Elektrotechnik Ltd (512487)?

The latest standalone P/B ratio of Remi Elektrotechnik Ltd (512487) as of 09-Sep-2020 is 0.06.

What is the 52-week high and low of Remi Elektrotechnik Ltd (512487)?

The 52-week high of Remi Elektrotechnik Ltd (512487) is Rs. 12.08 and the 52-week low is Rs. 12.08.

Remi Elektrotechnik Ltd (512487) Share Analysis – Quality, Pipeline & Valuation Zone & DeciZen Rating

Name: Remi Elektrotechnik Ltd (512487)
Brand: Remi Elektrotechnik

Remi Elektrotechnik Ltd (512487) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Remi Elektrotechnik Ltd (512487)

BSE: 512487 NSE:

Key Metrics

Market Cap

₹6 Cr.

P/E Ratio

0.26

Price to Book (P/B)

0.06

Price to Sales (P/S)

0.04

EV/EBITDA

-0.38

Return on Capital Employed (ROCE)

24.28%

Current Price

₹12.1

Return on Equity (ROE)

18.65%

Return on Assets (ROA)

13.88%

Operating Profit Margin

13.3%

Net Profit Margin

14.63%

Gross Profit Margin

20.8%

Book Value per Share

₹200

Sales Growth (YoY)

32.24%

Sales Growth (3 Years)

11.25%

Operating Profit Growth (1 Year)

68.01%

Operating Profit Growth (3 Years)

20.62%

Net Profit Growth (1 Year)

120.26%

52-Week Low / High

₹12 / 12

Net Profit Growth (3 Years)

-96.93%

Dividend Yield

0.00%

Promoter Holding

99.65%

Pledged shares (%)
of Promoter's holding (%)

0.00%

DeciZen - make an informed investing decision on Remi Elektrotechnik

Based on:

Data

M-Cap below 100cr DeciZen not available

Remi Elektrotechnik stock performance

Key Ratios

Is an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	TTM
ROCE % ⓘ	20.7%	15.7%	24.9%	13.9%	6.7%	14%	13.3%	8.4%	12.8%	24.3%	-
Value Creation Index ⓘ	0.5	0.1	0.8	0.0	-0.5	-0	-0.1	-0.4	-0.1	0.7	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	105	85.8	115	100	106	104	110	105	115	152	152
Sales YoY Gr.	-	-18.6%	34.2%	-13%	5.7%	-1.7%	5.8%	-4.5%	9.1%	32.2%	-
Adj EPS ⓘ	11.5	9.1	16.1	8.7	-0	10.6	13.9	11.6	16.8	32.7	45.6
YoY Gr.	-	-21.3%	77.7%	-46.1%	-100.2%	NA	31.1%	-16.6%	44.8%	94.7%	-
BVPS (₹) ⓘ	55.1	64.1	78.6	81.3	82.7	93.4	188.6	200.7	221.8	267.2	200
Adj Net Profit ⓘ	5.6	4.4	7.8	4.2	-0	5.2	6.8	5.6	8.2	15.9	22
Cash Flow from Ops. ⓘ	9.4	2.3	9.1	-1.8	24	49.4	8.1	6.2	15.9	1.2	-
Debt/CF from Ops. ⓘ	3.5	14.9	3	-19.5	0.7	0.4	0.6	0.8	0.1	1.1	-

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%	NA	33%	94.7%
BVPSⓘ	19.2%	26.4%	12.3%	20.5%
Share Price	-2.4%	-	-	-

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	TTM
Return on Equity % ⓘ	8.9	6.5	10.7	5.5	-0	6.3	7.7	6	8	13.4	19.5
Op. Profit Mgn % ⓘ	11.6	11.7	14.9	11.5	4.8	8	10.4	8.3	10.4	13.3	7.9
Net Profit Mgn % ⓘ	5.3	5.2	6.8	4.2	-0	5	6.1	5.4	7.1	10.5	14.7
Debt to Equity ⓘ	1.2	1.1	0.7	0.9	0.4	0.4	0.1	0.1	0	0	-
Working Cap Days ⓘ	302	367	308	374	355	282	190	205	199	172	113
Cash Conv. Cycle ⓘ	249	301	253	312	299	228	148	162	147	125	65

Recent Performance Summary

Latest Financials

	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 ⓘ	163.7

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Remi Elektrotechnik - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22
Sales	105.28	85.75	115.04	100.07	105.78	104.02	110.07	105.08	114.62	151.57
Operating Expenses ⓘ +	93.12	75.74	97.85	88.56	100.71	95.74	98.65	96.36	102.68	131.50
Manufacturing Costs	12.35	15.07	23.27	23.15	22.75	18.29	16.18	19.56	14.71	22.54
Material Costs	63.23	47.16	55.50	49.32	60.14	60.65	63.04	57.22	70.49	84.34
Employee Cost	7.06	7.58	7.93	8.39	9.11	9.56	9.99	10.42	9.44	11.68
Other Costs ⓘ	10.48	5.93	11.15	7.70	8.71	7.24	9.44	9.16	8.05	12.95
Operating Profit ⓘ	12.16	10.01	17.19	11.50	5.07	8.28	11.43	8.72	11.94	20.06
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 ⓘ +	0.19	1.14	0.98	0.20	1.29	2.14	1.73	2.06	4.05	11.43
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	2.97	3.30	4.39	3.39	3.33	1.54	0.56	0.23	0.10	0.02
Depreciation ⓘ	1.04	1.32	1.84	1.94	1.89	1.90	2.52	2.46	2.41	2.32
Profit Before Tax ⓘ	8.34	6.53	11.93	6.38	1.15	6.98	10.08	8.09	13.48	29.16
Tax ⓘ	2.72	2.13	4.03	2.14	0.43	1.80	2.38	1.88	3.41	6.98
Profit After Tax	5.62	4.40	7.91	4.24	0.71	5.17	7.70	6.21	10.07	22.18
PAT Margin (%)	5.3%	5.1%	6.9%	4.2%	0.7%	5.0%	7.0%	5.9%	8.8%	14.6%
Adjusted EPS (₹)	11.6	9.1	16.3	8.7	1.5	10.6	15.8	12.8	20.7	45.6
Dividend Payout Ratio (%)	0%	0%	6%	57%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22
Equity and Liabilities
Shareholders Fund +	65.49	69.89	76.96	78.27	78.95	84.16	91.76	97.65	107.88	130.01
Share Capital ⓘ	4.87	4.87	4.87	4.87	4.87	4.87	4.87	4.87	4.87	4.87
Reserves ⓘ	60.63	65.03	72.09	73.41	74.08	79.29	86.90	92.78	103.02	125.15
Debt +	32.07	33.60	27.34	35.27	17.73	18.29	4.67	4.96	1.11	1.36
Long Term Debt	4.09	15.36	15.17	21.16	8.19	6.35	0.02	0	0	0
Short Term Debt	27.99	18.24	12.16	14.11	9.54	11.94	4.66	4.96	1.11	1.36
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	7.64	9.01	9.60	8.92	10.84	8.53	6.35	8.64	12.83	13.70
Others Liabilities ⓘ	10.31	12.46	15.40	14.69	21.14	16.85	18.81	18.73	26.24	26.38
Total Liabilities ⓘ	115.52	124.97	129.30	137.14	128.65	127.82	121.60	129.99	148.05	171.45
Fixed Assets
Net Fixed Assets ⓘ +	15.32	23.14	21.92	20.43	21.42	20.82	20.43	19.41	18.18	17.54
Gross Block	23.35	32.48	33.34	33.78	36.63	37.65	38.74	39.44	39.95	41.08
Accumulated Depreciation	8.03	9.34	11.41	13.35	15.21	16.83	18.31	20.04	21.77	23.54
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investments ⓘ	0.04	0.04	0.04	0.04	0.18	49.20	41.88	45.61	53.03	29.97
Inventories	60.38	67.16	78.15	79.27	71.22	14.73	16.85	23.80	20.91	28.49
Trade Receivables	21.47	26.09	22.56	29.36	31.17	38.45	35.97	32.07	39.61	45.11
Cash Equivalents	11.20	2.91	0.71	0.18	0.43	0.69	1.54	4.57	11.95	19.27
Others Assets ⓘ	7.09	5.63	5.91	7.86	4.24	3.94	4.94	4.53	4.38	31.06
Total Assets ⓘ	115.52	124.97	129.30	137.14	128.65	127.82	121.60	129.99	148.05	171.45

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22
Cash Flow From Operating Activity ⓘ +	9.37	2.27	9.12	-1.81	24.01	49.43	8.11	6.17	15.89	1.23
PBT ⓘ	8.34	6.53	11.93	6.38	1.15	6.98	10.08	8.09	13.48	29.16
Adjustment ⓘ	3.81	3.48	5.25	5.13	4.81	1.39	1.35	0.63	-1.54	-9.10
Changes in Working Capital ⓘ	-0.06	-5.99	-4.21	-11.16	18.14	42.98	-0.82	-0.12	7.18	-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	-48.19	6.91	-3.18	-4.55	5.87
Capex	-0.41	-9.13	-0.99	-0.44	-1.76	-1.12	-1.39	-0.68	-0.55	-1.13
Net Investments	0	0	0.07	0	-0.07	-49.21	8	-3.76	-5.40	4.55
Others ⓘ	0.14	0.21	0.19	0.13	-0.93	2.14	0.30	1.26	1.40	2.45
Cash Flow From Financing Activity ⓘ +	1.89	-1.65	-10.59	1.59	-20.87	-0.98	-14.18	0.05	-3.96	0.23
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-12.18	10.47	-0.23	5.89	-12.97	-1.84	-7.28	-0.02	0	0
Interest Paid ⓘ	-2.92	-2.37	-3.69	-3.32	-3.33	-1.54	-0.56	-0.23	-0.10	-0.02
Dividend Paid ⓘ	0	0	-0.49	0	0	0	0	0	0	0
Others ⓘ	16.99	-9.74	-6.18	-0.98	-4.57	2.40	-6.33	0.30	-3.85	0.25
Net Cash Flow ⓘ	10.99	-8.29	-2.20	-0.53	0.39	0.26	0.85	3.04	7.38	7.32

Finance Ratio

PARTICULARS	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22
Ratios
ROE (%)	23.43	15.19	22.77	10.9	1.79	12.07	11.22	6.56	9.8	18.65
ROCE (%)	20.65	15.73	24.93	13.86	6.72	13.95	13.26	8.36	12.84	24.28
Asset Turnover Ratio	0.98	0.78	0.96	0.82	0.86	0.83	0.88	0.84	0.82	0.95
PAT to CFO Conversion(x)	1.67	0.52	1.15	-0.43	33.82	9.56	1.05	0.99	1.58	0.06
Working Capital Days
Receivable Days	64	93	73	87	96	120	123	118	114	102
Inventory Days	218	249	217	264	239	148	52	71	71	59
Payable Days	45	64	61	69	60	58	43	48	56	57

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Remi Elektrotechnik Ltd FAQs

The current trading 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 08-Sep-2020 the market cap of Remi Elektrotechnik stood at ₹5.88 Cr

The latest P/E ratio of Remi Elektrotechnik as of 08-Sep-2020 is 0.26.

The latest P/B ratio of Remi Elektrotechnik as of 08-Sep-2020 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 ₹152 ( 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 â€˜VEM Kombinat Electromaschinenbauâ€™ 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 â€˜Stephan-Werke GmbHâ€™. 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 companyâ€™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 companyâ€™s factory was relocated in Vasai, on the outskirts of Mumbai. REILâ€™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 â€˜VEMâ€™. Further, it also received DGMS approval for flame-proof motors.
1988 - Rajendra Electrical Industries became licensee of â€˜Stephan-Werke GmbHâ€™ 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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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Remi Elektrotechnik Ltd (512487) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Remi Elektrotechnik Share Price