Revathi Equipment Ltd
REVA

Revathi Equipment Ltd (REVATHI)

₹629.11.93%

Key Stats

₹619.8
Day's Price Range
₹635
₹517.1
52-Week Price Range
₹958.8
1 Month Return-9.53 %
3 Month Return-12.4 %
1 Year Return5.94 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 50
40.66
EPS
Rank 30
₹15.46
BVPS
Rank 5
₹596.37
Dividend Yield
Rank 45
ROE
Rank 54
6.6%
Price To Book Ratio
Rank 11
1.05
Debt To Asset
Rank 46
0.41

Company Information

Revathi Equipment Limited is an Indiabased company. The Company operates in two business segments: Construction and Mining and Power. Construction and Mining segment consists of manufacturing and sale of Blast hole drills water well drills trac drills batching plant concrete pump transit mixture and their spares trading of spares and annual maintenance of the equipments. Power segment is engaged in generation and sale of power. Revathi Equipment Limited ISO: 9001:2000 Certified company and its products exported to countries like USA Jordan Tunisia Nigeria South Africa Australia.The company was incorporated as a private company on May 30 1977 under the name of Revathi Equipment Private Ltd and started its manufacturing operations at its present location at Coimbatore Tamil Nadu. The company was converted into a public limited company on November 4 1977 and entered into a technical and financial tieup with world renowned Chicago Pneumatic Tool Company CP USA for the manufacture of water well rigs blast hole rigs drilling accessories and allied products. Accordingly the name of the company was changed to RevathiCP Equipment Ltd. CP was holding 40 of the paidup share capital of Revathi and Revathi became a division under the Industrial Tools Division of CP USA. The balance 60 of the paidup share capital was with the Indian public and various financial institutions. During the year 19851986 the company completed the development of C40 H Blasthole Drill T60 H Lighter Waterwell Drill and RT1500 Straight Rotary Drill. During the year 19861987 the company completed development of sixinch size high performance DTH Hammer. During the same year the company increased installed capacity of Hole rigs Accessories from 250 lakhs to 500 lakhs. During the year 19911992 the company completed and commissioned the Rs.17.5 millionexpansion project. During the same year the company developed air operated Blsathole drills. During the year 19921993 the company developed Track Drill. During the year 19941995 the company developed the 6inch DTH Water Well Drill pack age with depth capacity of 1500 ft for exports. During the year 19981999 the company developed of 8inch class crawler mounted blasthole drill. During the year 19992000 the company developed of 6inch class crawler mounted highpressure DTH blasthole drill. During the year 20012002 Altas Copco India Ltd and Chicago Pneumatic Tool Company USA signed a definitive share purchase agreement the company to sell their 39.88 stake to Utkal Investment Ltd at a price of Rs. 234 per share and in the same year the company name was changed from RevathiCP Equipment Ltd to Revathi Equipment Ltd.During the year 20022003 the company developed of 203mm dia 500meter depth capacity and Truck mounted water well drill. During the year 20032004 the company commissioned four Wind turbines at Jaisalmer Rajasthan at an investment of Rs. 116 million and in the same year the company developed of Diesel engine driven 250mm class crawler mounted Blast hole drill. During the year 20042005 the company increased installed capacity of wind power to 9.9 MW with additional investment of Rs. 351.6 million and in the same year the company developed of 311 mm Electronic blast hole drill Light hydraulic Trac drill and DTH water well drill. During the year 20052006 the company entered into an Agreement with Bucyrus International Inc an internationally reputed company in USA for development and marketing of specific Blast Hole drill manufactured per their specification Blast Hole drill manufactured. During the year 20062007 the company developed of heavy hydraulic track drill for exports and also developed of 20 CUM Concrete Pumps. During the same year the company divested preference shears held in Coromandel Electric Company Limited. During the year 20072008 the company set up a wholly owned subsidiary namely Revathi Drilling and Mining Limited and May 08 2008 the company acquired 70 stake in the equity capital of Semac Pvt.Ltd. In November 19 2008 Seamec Ltd a subsidiary company merged with Potential Service Consultants Pvt. Ltd a Joint Venture Company. In the same year the company acquired ten acres leasehold plot from SIPCOT at Gummidipoondi near Chennai. In February 14 2008 the company acquired 11 in the equity capital of Potential Service Consultants Pvt. Ltd. Bangalore a company providing Engineering design solutions in the field of construction industry for a consideration of Rs 92 38767. The Company already holds 48.3 in Potential Service Consultants Pvt. Ltd. In 2010 the company commissioned various new manufacturing facility. The company also acquired 20 in the equity capital of Satellier Holdings Inc USA during the year
OrganisationRevathi Equipment Ltd
HeadquartersCoimbatore
IndustryCapital Goods-Non Electrical Equipment