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Rockingdeals Circular Economy Ltd (ROCKINGDCE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: ROCKINGDCE Retailing | Small Cap | Rocking.Circular Share Price

BSE Share Price
Not Listed

Rockingdeals Circular Economy Ltd (ROCKINGDCE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: ROCKINGDCE Retailing | Small Cap | Rocking.Circular Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹178 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹12.2
TTM Sales
₹120 Cr.
Book Value per Share
₹87.5
P/E Ratio
17.61
Lower than its 5-year historical median
Industry PE
56.1
Price to Book (P/B)
2.46
Lower than its 5-year historical median
Price to Sales (P/S)
1.49
Lower than its 5-year historical median
EV/EBITDA
11.24
Lower than its 5-year historical median
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
18.14%
Outperforms industry median
Return on Capital Employed (ROCE)
20.57%
Outperforms industry median
Return on Assets (ROA)
13.35%
Outperforms industry median
Operating Profit Margin
13.7%
Outperforms industry median
Net Profit Margin
8.45%
Outperforms industry median
Gross Profit Margin
13%
Outperforms industry median
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
81.74%
Operating Profit Growth (1 Year)
-
56.9%
Net Profit Growth (1 Year)
-
89.7%
Asset Quality
Promoter Holding
50.95%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹64 Cr.
Equity
₹8.3 Cr.
Face Value
₹10
All Time Low / High
₹0.00 / 0.00

Rockingdeals Circular Economy stock performance

Key Ratios
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Check Before You Invest

Valuation

Somewhat Undervalued

Price Trend

Semi Strong
Q.1 Is Rockingdeals Circular Economy Ltd a good quality company?
Rockingdeals Circular Economy Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Rockingdeals Circular Economy Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Rockingdeals Circular Economy Ltd vs industry peers?
Rockingdeals Circular Economy Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 0%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Rockingdeals Circular Economy Ltd?
Promoters hold 50.95% of the Rockingdeals Circular Economy Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Rockingdeals Circular Economy Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of 7.23% based on the current price.

10 Year X-Ray :

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.
Rockingdeals Circular Economy Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation ⓘ

Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % ⓘ4.2%6.2%24.5%32.9%19.5%15%-
Value Creation
Index ⓘ
-0.7-0.60.81.40.40.1-

Growth Parameters ⓘ

Sales ⓘ10.614.81549.655.4101101
Sales YoY Gr.-40.4%1.2%230.2%11.8%81.7%-
Adj EPS ⓘ-0.20.44.29.29.67.37.2
YoY Gr.-NA1005.3%118.3%4.8%-24.4%-
BVPS (₹) ⓘ14.714.718.96271.696.482.7
Adj Net
Profit ⓘ
-0.10.11.55.25.466
Cash Flow from Ops. ⓘ-1.50.60.4-15.33.2-17.3-
Debt/CF from Ops. ⓘ-2.87.29.4-02.3-0.6-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘNA57%88.6%81.7%
Adj EPS ⓘNANA20.1%-24.4%
BVPSⓘNA45.7%72.3%34.7%
Share Price - - - 7.2%

Key Financial Parameters ⓘ

Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity % ⓘ
-1.42.625.124.714.411.28.1
Op. Profit
Mgn % ⓘ
62.217.115.21911.910.7
Net Profit
Mgn % ⓘ
-0.70.910.310.59.866
Debt to
Equity ⓘ
0.80.80.600.20.20
Working Cap
Days ⓘ
0287212151237199211
Cash Conv.
Cycle ⓘ
0104127126193160119

Valuation of Rocking.Circular - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'24Mar'25Mar'26
Sales5055120
Operating Expenses ⓘ + 4245103
Manufacturing Costs003
Material Costs393891
Employee Cost 134
Other Costs ⓘ 246
Operating Profit ⓘ 81016
Operating Profit Margin (%) 15.2%18.8%13.7%
Other Income ⓘ + 000
Exceptional Items ⓘ 000
Interest ⓘ 011
Depreciation ⓘ 033
Profit Before Tax ⓘ 7713
Tax ⓘ 223
Profit After Tax 5510
PAT Margin (%) 10.5%9.6%8.5%
Adjusted EPS (₹)9.29.414.5
Dividend Payout Ratio (%)0%0%0%
PARTICULARSMar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 354071
Share Capital ⓘ 5.665.666.98
Reserves ⓘ 293564
Debt +0714
Long Term Debt001
Short Term Debt0713
Minority Interest000
Trade Payables226
Others Liabilities ⓘ 346
Total Liabilities ⓘ 405498

Fixed Assets

Net Fixed Assets ⓘ +51313
Gross Block71720
Accumulated Depreciation247
CWIP ⓘ 000
Investments ⓘ 010
Inventories232650
Trade Receivables6920
Cash Equivalents 215
Others Assets ⓘ 4410
Total Assets ⓘ 405498
PARTICULARSMar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + -153-21
PBT ⓘ 7713
Adjustment ⓘ 034
Changes in Working Capital ⓘ -22-6-35
Tax Paid ⓘ -1-2-3
Cash Flow From Investing Activity ⓘ + -2-11-2
Capex -2-10-3
Net Investments 0-11
Others ⓘ 000
Cash Flow From Financing Activity ⓘ + 19728
Net Proceeds from Shares ⓘ 26021
Net Proceeds from Borrowing ⓘ -0-01
Interest Paid ⓘ -0-1-1
Dividend Paid ⓘ 000
Others ⓘ -676
Net Cash Flow ⓘ 2-14
PARTICULARSMar'24Mar'25Mar'26
Ratios
ROE (%)14.8614.1618.14
ROCE (%)21.5219.2720.57
Asset Turnover Ratio1.241.181.58
PAT to CFO Conversion(x)-30.6-2.1
Working Capital Days
Receivable Days43.3049.9044.20
Inventory Days168.80160115.30
Payable Days20.7021.1016.50

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Annual reports

No annual reports available.

Concalls

No concalls available.

Rockingdeals Circular Economy Ltd FAQs

The current trading price of Rocking.Circular on 01-Jan-1970 05:30 is ₹0.00.

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 31-Dec-1969 the market cap of Rocking.Circular stood at ₹178.4 Cr

The latest P/E ratio of Rocking.Circular as of 31-Dec-1969 is 29.73.

The latest P/B ratio of Rocking.Circular as of 31-Dec-1969 is 2.60.

The 52-week high of Rocking.Circular is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Rocking.Circular is ₹101 ( Cr.) .

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

The key valuation ratios of Rockingdeals Circular Economy Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

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

About Rockingdeals Circular Economy Ltd

The company was originally incorporated on July 29, 2002 as a Private Limited Company as “Technix Electronics Private Limited” under the provisions of the Companies Act, 1956 with the Registrar of Companies, N.C.T. of Delhi and Haryana. Pursuant to a special resolution passed by the Shareholders at their Extraordinary General Meeting held on April 20, 2023, the company was converted from a Private Limited Company to Public Limited Company and consequently, the name of the company was changed to “Technix Electronics Limited” and a Fresh Certificate of Incorporation consequent to Conversion was issued on July 10, 2023 by the Registrar of Companies, NCT of Delhi. Subsequently, pursuant to a special resolution passed by the company’s shareholder in the Extra - Ordinary General Meeting held on August 04, 2023 the name of the company was changed to “Rockingdeals Circular Economy Limited” and a Fresh Certificate of Incorporation was issued on August 17, 2023 by the Registrar of Companies, Delhi. 

Rockingdeals Circular Economy (Rockingdeals CE) is primarily a B2-B re-commerce player which started its operations in 2005. The company is primarily engaged in bulk trading of excess inventory, open boxed inventory, re-commerce products and refurbished products. These products range in several categories such as small home appliances, apparel, kitchenware’s and household, speaker & mobile accessories, large appliances, footwear etc. These products are generally of various well-known brands such as Samsung, Thomson, MI, LG, symphony, ZARA, Nike, Reebok, Campus, Sony, JBL, Boat, Gizmore, One Plus, etc. As the company is more of B2B platform, Rockingdeals CE take the aforementioned products in bulk from various dealers of Inalsa, Khaitan etc and supplies these products in bulk to clients such as Jindal Mega Mart, Brand Wala, VLE Bazaar, HIC International, PSUAVI, KRAT India, Zazz Technology besides to its sister companies such as (Rockingdeals, Rockingdeals (HYD), Harkrishanji Products). 

As on date the company has over 18 categories of Stock Keeping Units (SKU) i.e., electrical appliances (Syska, Havells, LG, Panasonic, Usha, Crompton, Luminous, Phillips etc.), apparels & footwear (Zara, Nike, Campus etc), speaker (Boat, JBL, Gizmore), mobile and mobile accessories (Lenovo, Boat, Gizmore etc) and various other products which the company procures from ecommerce vendors of platforms like Snapdeal (Juscorp), affiliates of Flipkart and Amazon etc; companies like GO Auto, Salora International, Zazz Technology Connect; and dealers & distributors like Matrix Housewares, Raj Agency, Sudhi Enterprises etc. It deals in bulk quantities, it procure the goods from its various vendors and mostly sell these products in bulk quantities itself. In order to store these products in bulk quantities it has a duly established, spacious and well connected to the National Highway No. 02, warehouse located at 12/03 Milestone, Near Sarai Metro Station, Mathura Road, Faridabad, Haryana.

Business area of the company

The company specializes in dealing with excess inventory across multiple brands in the B2B market. It assists businesses in liquidating their surplus stock, providing an efficient and effective solution for managing excess inventory. From small home appliances to televisions and accessories, the company’s extensive product portfolio ensures that it caters to every aspect of end consumers requirements. Under Large and Small Appliances, the company offers wide variety of Electrical Home Appliance of various well-known brands such as: Samsung, Panasonic, LG, Usha, Havells, Philips, Syska, Thomson, Eveready, Mi, Oneplus, Real Mi, Vu, Symphony, Wonder Chef, Luminous and other various brands. The company offers a wide variety of apparel and footwear. It offers wearable of different well-known brands such as Zara, Reebook, Nike, Redtape, Bata, Puma, Lotto, Sparx, etc, and offer huge amount of discount for apparel and footwear. It also offers the wide variety of refurbished, Open Boxed and returned Mobiles/ Computers and other accessories at very high discount to the end customers for various well-known brands such as Boat/ Real Mi, JBL, Bose, Sony, Nokia, VIVO, MI, One plus, Lenovo, etc. The company also offers wide range of premium lifestyle products designed to enhance the customer daily routine experiences. It sell watches, jewellery, eyewear spectacle frames, sunglasses, trimmers, shavers, hair straighteners, irons, backpacks and other necessary lifestyle items at discounted rates. 

Key events and milestones:

  • 2002: Incorporation of Company as a private limited company with the name of “Technix Electronics Private Limited”.
  • 2007: Honored with the Certificate of Appreciation for the outstanding performance in 2006-2007 by TATA Sky.
  • 2010: Certificate of Appreciation by TATA Indicom for stellar efforts in the promotion of TATA Walky.
  • 2011: Honored by Brightpoint for the Preferred Distributor of Brightpoint India Private Limited in Gold Category.
  • 2016: Achieved the turnover of Rs 100 crore.
  • 2018: Certificate of Excellence for outstanding performance as a seller on snapdeal in Quarter 2 of 2018.
  • 2018: Certificate of recognition by amazon connect for the outstanding performance in 2018.
  • 2023: Register as Micro Enterprises under MSME.
  • 2023: Change in status of the company from Private to Public Company.
  • 2023: Time 2 Leap Award for Emerging Circular Economy Brand of the Year awarded by Ministry of Small and Medium Enterprises, Govt of India. 

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