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Remsons Ind.

  • Market Cap: Micro Cap
  • Industry: Auto Ancillary
  • ISIN: INE474C01023
  • NSEID: REMSONSIND
  • BSEID: 530919
INR
126.00
2.7 (2.19%)
BSENSE

Apr 11, 12:52 PM

BSE+NSE Vol: 34.18 k

  • 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

34.18 k (-42.40%) Volume

Shareholding (Dec 2024)

FII

4.49%

Held by 7 FIIs

DII

0.22%

Held by 0 DIIs

Promoter

65.30%

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

High Management Efficiency with a high ROCE of 15.17%

 
2

Positive results in Dec 24

3

Stock is technically in a Mildly Bearish range

4

With ROCE of 10.8, it has a Fair valuation with a 2.8 Enterprise value to Capital Employed

5

Majority shareholders : Promoters

 
6

Underperformed the market in the last 1 year

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

Auto Ancillary

stock-summary
Market cap

INR 440 Cr (Micro Cap)

stock-summary
P/E

29.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

0.24%

stock-summary
Debt Equity

0.45

stock-summary
Return on Equity

11.94%

stock-summary
Price to Book

3.67

Revenue and Profits (1 Year):
Net Sales:
103 Cr
(Quarterly Results - Dec 2024)
Net Profit:
4 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.24%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-41.67%
0%
-41.67%
1 Year
-33.61%
0.15%
-33.46%
2 Years
184.81%
4.09%
188.9%
3 Years
164.26%
7.08%
171.34%
4 Years
320.98%
11.71%
332.69%
5 Years
1073.18%
38.50%
1111.68%

Latest dividend: 0.3 per share ex-dividend date: Sep-13-2024

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)
7.40%
EBIT Growth (5y)
31.55%
EBIT to Interest (avg)
2.64
Debt to EBITDA (avg)
3.79
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.25
Tax Ratio
19.92%
Dividend Payout Ratio
7.86%
Pledged Shares
0
Institutional Holding
4.71%
ROCE (avg)
12.77%
ROE (avg)
18.74%
Valuation key factors
Factor
Value
P/E Ratio
29
Industry P/E
28
Price to Book Value
3.67
EV to EBIT
22.64
EV to EBITDA
14.11
EV to Capital Employed
2.84
EV to Sales
1.37
PEG Ratio
2.87
Dividend Yield
0.24%
ROCE (Latest)
10.81%
ROE (Latest)
11.94%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
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

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 7 FIIs (4.49%)

Promoter with highest holding

Chand Kejriwal (25.48%)

Highest Public shareholder

Bnp Paribas Financial Markets - Odi (1.75%)

Individual Investors Holdings

22.63%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 12.34% vs 19.36% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 27.16% vs 15.93% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "102.58",
          "val2": "91.31",
          "chgp": "12.34%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "12.40",
          "val2": "7.49",
          "chgp": "65.55%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.71",
          "val2": "1.67",
          "chgp": "2.40%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.74",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "3.98",
          "val2": "3.13",
          "chgp": "27.16%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "12.09%",
          "val2": "8.20%",
          "chgp": "3.89%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 12.57% vs -7.28% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 22.48% vs 26.26% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "167.82",
          "val2": "149.08",
          "chgp": "12.57%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "14.00",
          "val2": "14.78",
          "chgp": "-5.28%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "3.12",
          "val2": "3.58",
          "chgp": "-12.85%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.90",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "5.83",
          "val2": "4.76",
          "chgp": "22.48%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.34%",
          "val2": "9.91%",
          "chgp": "-1.57%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 16.90% vs -2.14% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 20.07% vs 40.38% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "270.40",
          "val2": "231.30",
          "chgp": "16.90%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "26.40",
          "val2": "23.17",
          "chgp": "13.94%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "4.83",
          "val2": "5.25",
          "chgp": "-8.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.16",
          "val2": "-0.41",
          "chgp": "139.02%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "9.81",
          "val2": "8.17",
          "chgp": "20.07%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "9.76%",
          "val2": "10.02%",
          "chgp": "-0.26%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -0.16% vs 9.20% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 59.14% vs 56.16% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "312.30",
          "val2": "312.80",
          "chgp": "-0.16%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "31.02",
          "val2": "25.94",
          "chgp": "19.58%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "6.80",
          "val2": "6.34",
          "chgp": "7.26%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.38",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "13.32",
          "val2": "8.37",
          "chgp": "59.14%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "9.93%",
          "val2": "8.29%",
          "chgp": "1.64%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
102.58
91.31
12.34%
Operating Profit (PBDIT) excl Other Income
12.40
7.49
65.55%
Interest
1.71
1.67
2.40%
Exceptional Items
-0.74
0.00
Consolidate Net Profit
3.98
3.13
27.16%
Operating Profit Margin (Excl OI)
12.09%
8.20%
3.89%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 12.34% vs 19.36% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is 27.16% vs 15.93% in Sep 2024

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
167.82
149.08
12.57%
Operating Profit (PBDIT) excl Other Income
14.00
14.78
-5.28%
Interest
3.12
3.58
-12.85%
Exceptional Items
0.90
0.00
Consolidate Net Profit
5.83
4.76
22.48%
Operating Profit Margin (Excl OI)
8.34%
9.91%
-1.57%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 12.57% vs -7.28% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 22.48% vs 26.26% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
270.40
231.30
16.90%
Operating Profit (PBDIT) excl Other Income
26.40
23.17
13.94%
Interest
4.83
5.25
-8.00%
Exceptional Items
0.16
-0.41
139.02%
Consolidate Net Profit
9.81
8.17
20.07%
Operating Profit Margin (Excl OI)
9.76%
10.02%
-0.26%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 16.90% vs -2.14% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 20.07% vs 40.38% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
312.30
312.80
-0.16%
Operating Profit (PBDIT) excl Other Income
31.02
25.94
19.58%
Interest
6.80
6.34
7.26%
Exceptional Items
-0.38
0.00
Consolidate Net Profit
13.32
8.37
59.14%
Operating Profit Margin (Excl OI)
9.93%
8.29%
1.64%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -0.16% vs 9.20% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 59.14% vs 56.16% in Mar 2023

stock-summaryCompany CV
About Remsons Industries Ltd stock-summary
stock-summary
Remsons Industries Ltd
Micro Cap
Auto Ancillary
Remsons Industries Limited (RIL) was incorporated in May '71, earlier known as Remsons Cables, and went public in 1986. It was promoted by Vishwa Prakash Harlalka and his family. The Company is engaged in the manufacture of Auto Control Cables and Gear Shift Mechanisms with Push Pull Cables. It is one of the major suppliers to the Automobile Manufacturers like Tata Motors, Hero Honda, Maruti Suzuki, Mahindra & Mahindra, Piaggio, General Motors India, TVS Suzuki etc.
Company Coordinates stock-summary
Company Details
88 B Govt Indl Estate, Kandivli (West) Mumbai Maharashtra : 400067
stock-summary
Tel: 91-022-28683883
stock-summary
remsons@vsnl.com
Registrar Details
Sharex Dynamic (India) Pvt Ltd , Unit -1, Luthra Ind. Premises , Safed Pool, Andheri-Kurla Road, Andheri (E), Mumbai