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Rasandik Engg.

  • Market Cap: Micro Cap
  • Industry: Auto Ancillary
  • ISIN: INE682D01011
  • NSEID:
  • BSEID: 522207
INR
88.53
-0.36 (-0.4%)
BSENSE

Apr 11, 12:51 PM

BSE+NSE Vol: 68

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

68 (-97.41%) Volume

Shareholding (Dec 2024)

FII

1.10%

Held by 1 FIIs

DII

0.05%

Held by 0 DIIs

Promoter

53.10%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Weak Long Term Fundamental Strength with a -205.38% CAGR growth in Operating Profits over the last 5 years

  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 13.51 times
  • The company has been able to generate a Return on Equity (avg) of 1.25% signifying low profitability per unit of shareholders funds
2

Stock is technically in a Bearish range

3

Risky - Negative EBITDA

4

Consistent Underperformance against the benchmark over the last 3 years

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Auto Ancillary

stock-summary
Market cap

INR 53 Cr (Micro Cap)

stock-summary
P/E

3.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.27

stock-summary
Return on Equity

16.73%

stock-summary
Price to Book

0.53

Revenue and Profits (1 Year):
Net Sales:
14 Cr
(Quarterly Results - Dec 2024)
Net Profit:
-3 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-27.26%
0%
-27.26%
1 Year
-5.66%
0%
-5.66%
2 Years
25.31%
0%
25.31%
3 Years
-37.85%
0%
-37.85%
4 Years
7.11%
0%
7.11%
5 Years
127.29%
0%
127.29%

Latest dividend: 1.5000 per share ex-dividend date: Sep-04-2008

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-22.97%
EBIT Growth (5y)
-205.38%
EBIT to Interest (avg)
-0.70
Debt to EBITDA (avg)
1.11
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.87
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0.26%
Institutional Holding
1.16%
ROCE (avg)
-2.68%
ROE (avg)
1.25%
Valuation key factors
Factor
Value
P/E Ratio
3
Industry P/E
28
Price to Book Value
0.53
EV to EBIT
-7.24
EV to EBITDA
-14.72
EV to Capital Employed
0.63
EV to Sales
1.18
PEG Ratio
0.01
Dividend Yield
NA
ROCE (Latest)
-13.03%
ROE (Latest)
16.73%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

0.2551

Mutual Funds

Held by 3 Schemes (0.05%)

FIIs

Held by 1 FIIs (1.1%)

Promoter with highest holding

Rajiv Kapoor (23.42%)

Highest Public shareholder

Hitesh Ramji Javeri (1.97%)

Individual Investors Holdings

39.2%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -11.90% vs -8.73% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -10.64% vs -293.15% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "14.36",
          "val2": "16.30",
          "chgp": "-11.90%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1.10",
          "val2": "-1.20",
          "chgp": "191.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.60",
          "val2": "0.89",
          "chgp": "-32.58%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-9.26",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-3.12",
          "val2": "-2.82",
          "chgp": "-10.64%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.66%",
          "val2": "-7.36%",
          "chgp": "15.02%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -30.84% vs -48.76% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -281.33% vs -76.04% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "34.17",
          "val2": "49.41",
          "chgp": "-30.84%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-3.55",
          "val2": "-0.48",
          "chgp": "-639.58%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.84",
          "val2": "5.70",
          "chgp": "-67.72%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "-0.26",
          "chgp": "100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-1.36",
          "val2": "0.75",
          "chgp": "-281.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-10.39%",
          "val2": "-0.97%",
          "chgp": "-9.42%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -27.88% vs -45.41% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 20.00% vs -1,747.06% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "48.53",
          "val2": "67.29",
          "chgp": "-27.88%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-2.45",
          "val2": "-4.79",
          "chgp": "48.85%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.44",
          "val2": "7.93",
          "chgp": "-69.23%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-9.26",
          "val2": "-0.26",
          "chgp": "-3,461.54%",
          "chgp_class": "negative"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-4.48",
          "val2": "-5.60",
          "chgp": "20.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-5.05%",
          "val2": "-7.12%",
          "chgp": "2.07%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -42.51% vs -27.39% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 316.06% vs -21.77% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "86.25",
          "val2": "150.02",
          "chgp": "-42.51%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.00",
          "val2": "8.59",
          "chgp": "-100.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "9.44",
          "val2": "10.68",
          "chgp": "-11.61%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.63",
          "val2": "-1.91",
          "chgp": "132.98%",
          "chgp_class": "positive"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "7.13",
          "val2": "-3.30",
          "chgp": "316.06%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.00%",
          "val2": "5.73%",
          "chgp": "-5.73%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
14.36
16.30
-11.90%
Operating Profit (PBDIT) excl Other Income
1.10
-1.20
191.67%
Interest
0.60
0.89
-32.58%
Exceptional Items
-9.26
0.00
Standalone Net Profit
-3.12
-2.82
-10.64%
Operating Profit Margin (Excl OI)
7.66%
-7.36%
15.02%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -11.90% vs -8.73% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is -10.64% vs -293.15% in Sep 2024

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
34.17
49.41
-30.84%
Operating Profit (PBDIT) excl Other Income
-3.55
-0.48
-639.58%
Interest
1.84
5.70
-67.72%
Exceptional Items
0.00
-0.26
100.00%
Standalone Net Profit
-1.36
0.75
-281.33%
Operating Profit Margin (Excl OI)
-10.39%
-0.97%
-9.42%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -30.84% vs -48.76% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is -281.33% vs -76.04% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
48.53
67.29
-27.88%
Operating Profit (PBDIT) excl Other Income
-2.45
-4.79
48.85%
Interest
2.44
7.93
-69.23%
Exceptional Items
-9.26
-0.26
-3,461.54%
Standalone Net Profit
-4.48
-5.60
20.00%
Operating Profit Margin (Excl OI)
-5.05%
-7.12%
2.07%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -27.88% vs -45.41% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 20.00% vs -1,747.06% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
86.25
150.02
-42.51%
Operating Profit (PBDIT) excl Other Income
0.00
8.59
-100.00%
Interest
9.44
10.68
-11.61%
Exceptional Items
0.63
-1.91
132.98%
Standalone Net Profit
7.13
-3.30
316.06%
Operating Profit Margin (Excl OI)
0.00%
5.73%
-5.73%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -42.51% vs -27.39% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 316.06% vs -21.77% in Mar 2023

stock-summaryCompany CV
About Rasandik Engineering Industries India Ltd stock-summary
stock-summary
Rasandik Engineering Industries India Ltd
Micro Cap
Auto Ancillary
Incorporated in 1984, Rasandik Engineering Industries India Ltd is mainly engaged in manufacturing of sheet metal components, muffler assemblies, fuel tank, tools & dies for motor vehicles, and spare parts. To supply several components, the Company diversified into manufacturing of Press Tools & Dies and offering a 'One Stop Shop' to customers. It made a preferential issue of 7,50,000 equity shares of Rs.10/- each to promoters and associates of the Company.
Company Coordinates stock-summary
Company Details
14 Roz-Ka-Meo Industrial Area, Sohna Gurugram Mewat Haryana : 122103
stock-summary
Tel: 91-0124-2362646/2362647
stock-summary
cs@rasandik.com
Registrar Details
Link Intime India Pvt Ltd., Narang Tower 44, Community Centre, Naraina Industrial Area , Phase - 1, New Delhi