Financials RMC Switchgears Limited

Equities

RMC6

INE655V01019

Electrical Components & Equipment

Market Closed - Bombay S.E. 03:30:51 17/05/2024 pm IST 5-day change 1st Jan Change
503.6 INR +2.49% Intraday chart for RMC Switchgears Limited +6.41% -16.87%

Valuation

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Capitalization 1 351.4 277.2 127.9 98.69 235.5 1,674
Enterprise Value (EV) 1 701.2 657.6 528.2 485.6 649.3 2,093
P/E ratio 14.2 x 7.5 x 50 x 21.9 x 40.8 x 14.5 x
Yield - - - - - -
Capitalization / Revenue 0.42 x 0.21 x 0.22 x 0.27 x 0.57 x 1.34 x
EV / Revenue 0.84 x 0.5 x 0.89 x 1.33 x 1.56 x 1.67 x
EV / EBITDA 8.02 x 5.15 x 6.65 x 7.57 x 11.5 x 7.99 x
EV / FCF -4.89 x -10.2 x 247 x 34.1 x -31.5 x -31.5 x
FCF Yield -20.4% -9.83% 0.41% 2.93% -3.17% -3.18%
Price to Book 1.8 x 1.02 x 0.47 x 0.35 x 0.83 x 4.13 x
Nbr of stocks (in thousands) 7,638 9,138 9,138 9,138 9,138 9,138
Reference price 2 46.00 30.33 14.00 10.80 25.77 183.2
Announcement Date 18/07/18 03/09/19 28/08/20 03/09/21 09/09/22 08/09/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net sales 1 831.2 1,318 593.9 366.5 415.6 1,253
EBITDA 1 87.4 127.6 79.45 64.19 56.29 262
EBIT 1 70.97 105.7 57.35 40.87 30.94 235.7
Operating Margin 8.54% 8.02% 9.66% 11.15% 7.44% 18.81%
Earnings before Tax (EBT) 1 30.11 50.66 5.939 1.929 3.443 169.5
Net income 1 25.22 37.54 3.005 4.498 5.77 117.4
Net margin 3.03% 2.85% 0.51% 1.23% 1.39% 9.37%
EPS 2 3.246 4.047 0.2800 0.4923 0.6314 12.65
Free Cash Flow 1 -143.3 -64.62 2.14 14.24 -20.59 -66.48
FCF margin -17.24% -4.9% 0.36% 3.89% -4.95% -5.31%
FCF Conversion (EBITDA) - - 2.69% 22.19% - -
FCF Conversion (Net income) - - 71.19% 316.63% - -
Dividend per Share - - - - - -
Announcement Date 18/07/18 03/09/19 28/08/20 03/09/21 09/09/22 08/09/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 350 380 400 387 414 419
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 4.003 x 2.982 x 5.038 x 6.028 x 7.351 x 1.599 x
Free Cash Flow 1 -143 -64.6 2.14 14.2 -20.6 -66.5
ROE (net income / shareholders' equity) 13.5% 14.9% 1.1% 1.62% 2.04% 31.6%
ROA (Net income/ Total Assets) 6.29% 7.02% 3.62% 2.95% 2.35% 14.8%
Assets 1 400.7 534.5 83.08 152.7 245.7 795
Book Value Per Share 2 25.60 29.70 30.10 30.60 31.20 44.30
Cash Flow per Share 2 2.060 3.060 0.7500 0.5100 0.1200 4.450
Capex 1 78.8 17.1 19.7 37 22.9 32.4
Capex / Sales 9.48% 1.3% 3.31% 10.1% 5.52% 2.58%
Announcement Date 18/07/18 03/09/19 28/08/20 03/09/21 09/09/22 08/09/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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