Rasandik Engg.

Who are in the management team of Rasandik Engg.?

As of March 2022, the management team of Rasandik Engineering includes Rajiv Kapoor (Chairman & Managing Director), Deepika Kapoor (Whole-time Director), and four Independent Directors: Shyam S Sethi, M S Ramaprasad, Agharam Ramakrishnan Halasyam, and Abhaykumar Khannaas, along with Pradeep Chandra Nayak (Company Secretary & Compliance Officer).

As of March 2022, the management team of Rasandik Engineering includes the following individuals:<BR><BR>1. Rajiv Kapoor - Chairman & Managing Director<BR>2. Deepika Kapoor - Whole-time Director<BR>3. Shyam S Sethi - Independent Director<BR>4. M S Ramaprasad - Independent Director<BR>5. Pradeep Chandra Nayak - Company Secretary & Compliance Officer<BR>6. Agharam Ramakrishnan Halasyam - Independent Director<BR>7. Abhaykumar Khannaas - Independent Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

What does Rasandik Engg. do?

Rasandik Engineering Industries India Ltd manufactures automotive components such as sheet metal parts, muffler assemblies, and fuel tanks. As of March 2025, it reported net sales of 14 Cr and a net loss of 1 Cr, with a market cap of Rs 57 Cr.

Overview: <BR>Rasandik Engineering Industries India Ltd is engaged in the manufacturing of sheet metal components, muffler assemblies, fuel tanks, tools & dies for motor vehicles, and spare parts, operating within the Auto Components & Equipments industry as a micro-cap company.<BR><BR>History: <BR>Incorporated in 1984, Rasandik Engineering Industries India Ltd has maintained its focus on manufacturing automotive components. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>- Most recent Net Sales: 14 Cr (Quarterly Results - Mar 2025) <BR>- Most recent Net Profit: -1 Cr (Quarterly Results - Mar 2025) <BR>- Market-cap value: Rs 57 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>- P/E: 15.00 <BR>- Industry P/E: 36 <BR>- Dividend Yield: 0.00% <BR>- Debt-Equity: 0.26 <BR>- Return on Equity: 3.85% <BR>- Price to Book: 0.58 <BR><BR>Contact Details: <BR>Address: 14 Roz-Ka-Meo Industrial Area, Sohna Gurugram Mewat Haryana : 122103 <BR>Tel: 91-0124-2362646/2362647 <BR>Email: cs@rasandik.com <BR>Website: http://www.rasandik.com

Has Rasandik Engg. declared dividend?

Rasandik Engineering Industries India Ltd has declared a 15% dividend, amounting to ₹1.50 per share, but the dividend yield is 0%. Total returns have varied, with negative returns in shorter periods and positive returns over longer terms.

Rasandik Engineering Industries India Ltd has declared a 15% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 15%<BR>- Amount per share: 1.5000<BR>- Ex-date: 04 Sep 08<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>Over the 6-month period, the price return was -24.35%, the dividend return was 0%, resulting in a total return of -24.35%.<BR><BR>For the 1-year period, the price return was -3.88%, the dividend return was 0%, leading to a total return of -3.88%.<BR><BR>In the 2-year period, the price return was 22.34%, the dividend return was 0%, culminating in a total return of 22.34%.<BR><BR>During the 3-year period, the price return was -0.06%, the dividend return was 0%, which resulted in a total return of -0.06%.<BR><BR>For the 4-year period, the price return was 17.41%, the dividend return was 0%, giving a total return of 17.41%.<BR><BR>In the 5-year period, the price return was 142.18%, the dividend return was 0%, resulting in a total return of 142.18%.<BR><BR>Overall, while Rasandik Engineering Industries declared a dividend, the dividend yield remains at 0%, indicating that the dividend did not contribute to returns in recent periods. The total returns show significant variability, with positive returns over longer periods but negative returns in the shorter term.

Who are the peers of the Rasandik Engg.?

Rasandik Engg.'s peers include Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Tube Investments, G S Auto Intl., Jagan Lamps, ASL Industries, and Mandeep Auto. Rasandik Engg. has below average management risk and a 1-year return of -3.68%, better than Bharat Forge but worse than Bosch.

Peers: The peers of Rasandik Engg. are Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Tube Investments, G S Auto Intl., Jagan Lamps, ASL Industries, Mandeep Auto.<BR><BR>Quality Snapshot: Excellent management risk is observed at Schaeffler India and Tube Investments, while Good management risk is found at Bosch, Bharat Forge, and the rest. Average management risk is noted for Samvardh. Mothe. and Mandeep Auto, while Below Average management risk is present at Rasandik Engg., G S Auto Intl., Jagan Lamps, and the rest. Growth is Excellent for Schaeffler India and Tube Investments, Good for G S Auto Intl. and Bharat Forge, Average for Bosch, and Below Average for Rasandik Engg., Samvardh. Mothe., Jagan Lamps, and the rest. Capital Structure is Excellent for Bosch, Schaeffler India, and Tube Investments, Good for Jagan Lamps, Average for Bharat Forge and Mandeep Auto, and Below Average for Rasandik Engg., G S Auto Intl., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Bosch at 4.38%, while the lowest is Bharat Forge at -20.78%. Rasandik Engg.'s 1-year return is -3.68%, which is better than Bharat Forge but worse than Bosch. Additionally, peers with negative six-month returns include Samvardh. Mothe., Bosch, Tube Investments, Bharat Forge, and Jagan Lamps.

Is Rasandik Engg. overvalued or undervalued?

As of August 16, 2023, Rasandik Engineering's valuation has shifted to risky, appearing overvalued with a PE ratio of 14.90, negative EV to EBITDA of -43.04, and poor returns on capital and equity, while underperforming the Sensex with a year-to-date decline of 25.69%.

As of 16 August 2023, Rasandik Engineering has moved from an attractive to a risky valuation grade, indicating a shift in market perception. The company appears to be overvalued based on its current metrics. Key ratios include a PE ratio of 14.90, a Price to Book Value of 0.57, and an alarming EV to EBITDA of -43.04, which suggests significant operational challenges.<BR><BR>In comparison to its peers, Rasandik's valuation stands out unfavorably; for instance, Samvardh. Mothe. has a PE ratio of 29.14 and an EV to EBITDA of 11.53, reflecting a more favorable market position. Other competitors like Bosch and Uno Minda are also trading at higher valuations, with PE ratios of 46.21 and 66.72, respectively. Additionally, Rasandik's negative ROCE of -6.49% and low ROE of 3.85% further emphasize its struggles in generating returns. Recent stock performance has underperformed the Sensex, with a year-to-date decline of 25.69% compared to the index's gain of 5.60%, reinforcing the notion of overvaluation.

What is the technical trend for Rasandik Engg.?

As of June 5, 2025, Rasandik Engg. shows a mildly bearish trend, with mixed signals from MACD and KST, while moving averages and Bollinger Bands indicate a bearish stance.

As of 5 June 2025, the technical trend for Rasandik Engg. has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The daily moving averages are mildly bearish, and both the weekly and monthly Bollinger Bands are bearish. The KST shows a mildly bullish signal on the weekly but is mildly bearish on the monthly. There are no clear trends indicated by Dow Theory for either the weekly or monthly time frames. Overall, the current stance is mildly bearish, driven primarily by the bearish moving averages and Bollinger Bands, despite some mixed signals from MACD and KST.

Who are the top shareholders of the Rasandik Engg.?

The top shareholders of Rasandik Engineering include promoter Rajiv Kapoor with 23.42%, individual investors with 39.4%, a Foreign Institutional Investor holding 1.1%, and Hitesh Ramji Javeri as the highest public shareholder at 2.07%.

The top shareholders of Rasandik Engineering include the promoters, who hold the majority of the shares. The promoter with the highest holding is Rajiv Kapoor, owning 23.42% of the company. Additionally, individual investors collectively hold 39.4% of the shares. Other notable shareholders include one Foreign Institutional Investor (FII) with a 1.1% stake and three mutual fund schemes holding a combined 0.05%. The highest public shareholder is Hitesh Ramji Javeri, who owns 2.07% of the company.

How big is Rasandik Engg.?

As of 24th July, Rasandik Engineering Industries India Ltd has a market capitalization of 54.00 Cr, classifying it as a Micro Cap company, with recent net sales of 62.17 Cr and a net loss of 5.59 Cr over the last four quarters. Shareholder's funds and total assets data are unavailable.

As of 24th July, <BR><BR>Market Cap: Rasandik Engineering Industries India Ltd has a market capitalization of 54.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 62.17 Cr, while the sum of Net Profit for the same period reflects a loss of 5.59 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is not specified, and the values for Shareholder's Funds and Total Assets are not available.

How has been the historical performance of Rasandik Engg.?

Rasandik Engg. showed steady growth in net sales and profitability from 2008 to 2010, with net sales increasing from INR 188.62 crore to INR 248.54 crore and profit after tax rising from INR 5.94 crore to INR 6.32 crore. Despite rising raw material costs, the company improved its operating profit and maintained stable margins during this period.

Answer:<BR>The historical performance of Rasandik Engg. shows a steady growth in net sales and profitability over the years, particularly from 2008 to 2010.<BR><BR>Breakdown:<BR>Rasandik Engg. experienced an increase in net sales from INR 188.62 crore in March 2008 to INR 248.54 crore in March 2010. The total operating income followed the same trend, rising from INR 188.62 crore in 2008 to INR 248.54 crore in 2010. Despite a rise in raw material costs, which increased from INR 135.55 crore in 2008 to INR 172.18 crore in 2010, the company managed to improve its operating profit (PBDIT) from INR 28.77 crore in 2008 to INR 34.31 crore in 2010. Profit before tax also saw an increase, going from INR 11.49 crore in 2008 to INR 8.76 crore in 2010, while profit after tax rose significantly from INR 5.94 crore in 2008 to INR 6.32 crore in 2010. The earnings per share (EPS) reflected this growth, increasing from INR 12.58 in 2008 to INR 13.38 in 2010. The operating profit margin remained relatively stable, while the profit after tax margin improved from 3.15% in 2008 to 2.54% in 2010. Overall, Rasandik Engg. demonstrated a positive trend in its financial performance during this period.

When is the next results date for Rasandik Engineering Industries India Ltd?

The next results date for Rasandik Engineering Industries India Ltd is 12 February 2026.

The next results date for Rasandik Engineering Industries India Ltd is scheduled for 12 February 2026.

Are Rasandik Engineering Industries India Ltd latest results good or bad?

Rasandik Engineering Industries India Ltd's latest results show strong revenue growth of 75.46% quarter-on-quarter, but the company continues to face challenges with a net loss of ₹0.83 crores for the fourth consecutive quarter and low operating margins, indicating ongoing operational difficulties.

Rasandik Engineering Industries India Ltd's latest results present a mixed picture. On one hand, the company reported a significant revenue growth of 75.46% quarter-on-quarter, with net sales reaching ₹22.16 crores, which is a positive turnaround from previous quarters. However, despite this revenue increase, the company continues to face challenges, as it recorded a net loss of ₹0.83 crores in Q3 FY26, marking its fourth consecutive loss-making quarter.<BR><BR>The operating margin did show improvement, rising to 3.79% from a negative margin in the previous quarter, but this remains low compared to industry standards. Additionally, the company's return on equity (ROE) is quite weak at 1.64%, indicating poor capital efficiency.<BR><BR>Overall, while the revenue growth is encouraging, the persistent losses and low operating margins highlight ongoing operational challenges. Therefore, the results can be seen as concerning, particularly for investors looking for profitability and stability.

Should I buy, sell or hold Rasandik Engineering Industries India Ltd?

Why is Rasandik Engineering Industries India Ltd falling/rising?

As of 17-Mar, Rasandik Engineering Industries India Ltd's stock price is at 54.00, reflecting a significant decline of -19.31% year-to-date and -34.41% over the past year, underperforming the market and trading below its moving averages. Despite increased investor participation, the stock continues to show a bearish trend.

As of 17-Mar, Rasandik Engineering Industries India Ltd's stock price is falling, currently at 54.00, reflecting a change of -0.01 (-0.02%). The stock has been underperforming significantly, with a consecutive decline over the last three days, resulting in a total drop of -6.9% during this period. <BR><BR>In terms of performance relative to the market, the stock has shown negative returns across various time frames. Over the past week, it has decreased by -1.17%, while the benchmark Sensex fell by -2.73%. In the last month, the stock's decline of -9.40% outpaced the Sensex's -8.84% drop. Year-to-date, Rasandik Engineering has seen a substantial decline of -19.31%, compared to the Sensex's -10.74%. Over the past year, the stock has plummeted by -34.41%, while the Sensex has gained +2.56%. <BR><BR>Additionally, the stock is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Despite a rise in investor participation, with delivery volume increasing by 54.92% on March 16, the overall performance remains weak, as it has underperformed its sector by -1.23%. <BR><BR>These factors collectively contribute to the ongoing decline in Rasandik Engineering Industries India Ltd's stock price.

Why is Rasandik Engineering Industries India Ltd falling/rising?

As of 18-Mar, Rasandik Engineering Industries India Ltd's stock price is rising to Rs 56.10, reflecting a 3.89% increase after a trend reversal. Despite this short-term gain, the stock has significant long-term underperformance and faces challenges that may impact investor confidence.

As of 18-Mar, Rasandik Engineering Industries India Ltd's stock price is rising, currently at Rs 56.10, reflecting a change of 2.1 (3.89%) upward. This increase can be attributed to a trend reversal after three consecutive days of decline, indicating a potential shift in market sentiment. Additionally, the stock outperformed its sector by 1.63%, which may have contributed to the positive movement in its price.<BR><BR>On the day, the stock reached an intraday high of Rs 56.7, showcasing a 5% increase, although it also experienced a low of Rs 52, which was a 3.7% decrease. The weighted average price suggests that more volume was traded closer to the lower price, indicating some selling pressure. However, the overall performance today has been bolstered by a general gain in the Auto Ancillary sector, which rose by 2.24%.<BR><BR>Despite this short-term rise, it is important to note that the stock has shown significant underperformance over longer periods, with a year-to-date decline of 16.17% and a one-year drop of 31.83%. The company also faces challenges such as weak long-term fundamentals, a high debt-to-EBITDA ratio, and negative operating profits, which could affect investor confidence moving forward. Nonetheless, the immediate rise in stock price can be seen as a reaction to today's performance and sector trends rather than a fundamental recovery.

Why is Rasandik Engineering Industries India Ltd falling/rising?

As of 19-Mar, Rasandik Engineering Industries India Ltd's stock is at Rs 53.95, down 4.6%, significantly underperforming the Sensex. Year-to-date, the stock has declined by 19.38%, and over the past year, it has fallen by 35.00%, indicating a bearish trend and reduced investor participation.

As of 19-Mar, Rasandik Engineering Industries India Ltd's stock price is falling, currently at Rs 53.95, reflecting a decrease of Rs 2.6 or 4.6%. The stock has underperformed compared to the benchmark Sensex, which has declined by 2.40% over the past week, while Rasandik's stock has dropped by 6.98%. Over the past month, the stock has seen a significant decline of 12.09%, compared to a 10.05% drop in the Sensex.<BR><BR>The stock's performance year-to-date shows a decline of 19.38%, which is notably worse than the Sensex's 12.92% decrease. Over the past year, Rasandik's stock has fallen by 35.00%, while the Sensex has only decreased by 1.65%. Additionally, the stock has consistently traded below its moving averages across various time frames, indicating a bearish trend. <BR><BR>Today's trading session also reflects negative sentiment, with the stock touching an intraday low of Rs 53.25, a drop of 5.84%. The weighted average price suggests that more volume was traded closer to this low price, further indicating selling pressure. Furthermore, there has been a significant decline in investor participation, with delivery volume dropping by 62.57% compared to the five-day average. The overall performance of the Auto Ancillary sector, which has fallen by 3.44%, may also be contributing to the stock's decline.

Why is Rasandik Engineering Industries India Ltd falling/rising?

As of 20-Mar, Rasandik Engineering Industries India Ltd's stock price is at 53.70, reflecting a significant decline of 33.91% over the past year. The stock shows weak financial fundamentals, declining investor interest, and is trading below all moving averages, indicating a bearish outlook.

As of 20-Mar, Rasandik Engineering Industries India Ltd's stock price is falling, currently at 53.70, which reflects a decrease of 0.36 or 0.67%. The stock has been underperforming significantly, with a decline of 1.09% over the past week and a substantial drop of 13.37% over the last month. Year-to-date, the stock has decreased by 19.75%, and over the past year, it has fallen by 33.91%, contrasting sharply with the BSE500 benchmark, which has only declined by 2.38% during the same period.<BR><BR>The stock's performance today indicates a consistent downward trend, as it has experienced consecutive falls for the last two days, resulting in a total decline of 5.04%. Additionally, Rasandik Engineering is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which is a bearish signal for investors.<BR><BR>Investor participation has also diminished, with delivery volume dropping by 88.4% compared to the 5-day average, indicating a lack of interest or confidence in the stock. The company's financial fundamentals are weak, highlighted by a negative compound annual growth rate (CAGR) of -12.36% in net sales over the last five years and a high debt-to-EBITDA ratio of 6.90 times, which suggests difficulty in servicing its debt.<BR><BR>Moreover, the company reported a negative profit after tax of Rs -0.83 crore, marking a drastic decline of 286.5% compared to the previous four-quarter average. With a return on equity averaging only 1.64%, the stock demonstrates low profitability per unit of shareholder funds, further contributing to its decline. Overall, the combination of poor financial performance, declining investor interest, and consistent underperformance against benchmarks has led to the stock's falling price.

Which are the latest news on Rasandik Engg.?

Which are the latest news on Rasandik Engg.?

Which are the latest news on Rasandik Engg.?