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Remsons Industries Ltd (REMSONSIND)

₹190.451.63%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹188.65
    ₹200.55
  • 52 Week's Low

    52 Week's High

    ₹47.54
    ₹220
1 Month Return-6.45 %
3 Month Return+ 1.64 %
1 Year Return+ 301.66 %
Previous Close₹193.60
Open₹198.50
Volume26.64K
Upper Circuit-
Lower Circuit-
Market Cap₹675.25Cr

Key Statistics

P/E Ratio44.65
PEG Ratio31.76
Market Cap₹675.25 Cr
P/B Ratio2.66
EPS2.93

Company Information

Remsons Industries Limited (RIL), established in 1971, is a manufacturers of control cables, brake liners, brake shoes, Gear Shifters for automobiles. RIL is a major supplier to global automobile producers such as Tata Motors, Hero Honda, Maruti Suzuki, Mahindra & Mahindra, TVS & Suzuki. Operations are located in Bombay, Daman, Pune & Gurgaon and its products are exported to US, Europe, UK, Holland, Egypt, New Zealand & Sri Lanka. The company holds technology innovation awards from the Automobile Component Industry since 1985. RIL also increased its capacity in 199798 to 26500000 nos for auto control cables and 4000000 nos for auto brake shoes, opened a new unit @ Pardi, Gujarat and appointed Mr John Glover as its Technical Consultant in 200001. RIL's new product Gas Guardian, a gas leak detector, has been accepted well in the market since 200102.

Share Price: ₹190.45 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹675.25Cr as of today
Revenue: ₹81.00Cr as on March 2024 (Q1 24)
Net Profit: ₹5.15Cr as on March 2024 (Q1 24)
Listing date: 02 Feb, 1996
Chairperson Name: K Kejriwal
OrganisationRemsons Industries Ltd
Headquarters
IndustryAuto Ancillaries
E-voting on sharesClick here to vote

Key events for Remsons Industries Ltd

  • Remsons Industries Q4 Net Profit Doubles to Rs 5.20 Crore - 30 May, 2024

    Automotive OEM components manufacturer, Remsons Industries, reported a net profit of Rs 5.20 crore in Q4 FY24, up from Rs 2.60 crore YoY. The company's revenue was up 6% at Rs 81 crore and EBITDA was up 3% at Rs 8 crore. In FY24, the company's net profit was up 62% at Rs 13 crore while revenue remained flat at Rs 312 crore. Shares were up 1% at Rs 916 on Thursday.

Insights on Remsons Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 31.56% to 31.65% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 year, REMSONSIND stock has moved up by 301.7%

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 4 quarters, 1.95 Cr → 5.15 Cr (in ₹), with an average increase of 27.3% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 65.30% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 2.93% to 2.83% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 83.28 Cr → 82.65 Cr (in ₹), with an average decrease of 0.8% per quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹81.00Cr
↓1.48%
Net Income
₹5.15Cr
↑51.03%
Net Profit Margin
6.36%
↑53.25%
2023Y/Y Change
Revenue
₹312.80Cr
↑9.20%
Net Income
₹8.37Cr
↑56.16%
Net Profit Margin
2.68%
↑43.32%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹155.24Cr
↑7.20%
Total Liabilities
₹113.54Cr
↑3.01%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹12.89Cr
↑187.72%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
65.3%
0.00
Foreign Institutions
2.83%
-3.18
Mutual Funds
0%
0.00
Retail Investors
31.65%
0.29
Others
0.22%
0.00

Key Indicators

Remsons Industries Ltd Valuation

Remsons Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (9.22x)

July 15, 2022

Today (44.65x)

July 23, 2024

Industry (62.42x)

July 23, 2024

Highest (55.97x)

March 1, 2024

LowHigh

Earnings and Dividends

  • Remsons Industries Ltd Earnings Results

    Remsons Industries Ltd’s net profit jumped 101.96% since last year same period to ₹5.15Cr in the Q4 2023-2024. On a quarterly growth basis, Remsons Industries Ltd has generated 51.03% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Remsons Industries Ltd Dividends May,2023

    In the quarter ending March 2023, Remsons Industries Ltd has declared dividend of ₹1.50 - translating a dividend yield of 1.29%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Remsons Industries Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Remsons Industries Ltd (REMSONSIND) share price today is ₹190.45

Remsons Industries Ltd is listed on NSE

Remsons Industries Ltd is listed on BSE

  • Today’s highest price of Remsons Industries Ltd is ₹200.55.
  • Today’s lowest price of Remsons Industries Ltd is ₹188.65.

PE Ratio of Remsons Industries Ltd is 44.65

PE ratio = Remsons Industries Ltd Market price per share / Remsons Industries Ltd Earnings per share

Today’s traded volume of Remsons Industries Ltd(REMSONSIND) is 26.64K.

Today’s market capitalisation of Remsons Industries Ltd(REMSONSIND) is ₹675.25Cr.

Remsons Industries Ltd(REMSONSINDPrice
52 Week High
₹220
52 Week Low
₹47.54

Remsons Industries Ltd(REMSONSIND) share price is ₹190.45. It is down -13.43% from its 52 Week High price of ₹220

Remsons Industries Ltd(REMSONSIND) share price is ₹190.45. It is up 300.61% from its 52 Week Low price of ₹47.54

Remsons Industries Ltd(REMSONSINDReturns
1 Day Returns
-3.15%
1 Month Returns
-6.45%
3 Month Returns
1.64%
1 Year Returns
301.66%