Why is Rasandik Engineering Industries India Ltd ?
1
With a Operating Losses, the company has a Weak Long Term Fundamental Strength
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 6.90 times
- The company has been able to generate a Return on Equity (avg) of 1.64% signifying low profitability per unit of shareholders funds
2
The company has declared Negative results for the last 3 consecutive quarters
- NET SALES(9M) At Rs 40.15 cr has Grown at -24.42%
- PAT(9M) At Rs -4.36 cr has Grown at -24.42%
- ROCE(HY) Lowest at -2.88%
3
Risky - Negative Operating Profits
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -43.86%, its profits have fallen by -57.2%
4
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -43.86% returns in the last 1 year, the stock has also underperformed BSE500 in each of the last 3 annual periods
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Auto Components & Equipments)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Rasandik Engg. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Rasandik Engg.
-43.86%
-0.78
56.41%
Sensex
4.85%
0.39
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
-15.96%
EBIT Growth (5y)
10.87%
EBIT to Interest (avg)
-0.70
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0.26
Sales to Capital Employed (avg)
0.77
Tax Ratio
51.18%
Dividend Payout Ratio
0
Pledged Shares
0.26%
Institutional Holding
1.16%
ROCE (avg)
-2.40%
ROE (avg)
1.64%
Valuation Key Factors 
Factor
Value
P/E Ratio
22
Industry P/E
39
Price to Book Value
0.42
EV to EBIT
-17.46
EV to EBITDA
27.09
EV to Capital Employed
0.54
EV to Sales
1.16
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-3.11%
ROE (Latest)
1.93%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
Technical Movement
0What is working for the Company
NO KEY POSITIVE TRIGGERS
-18What is not working for the Company
NET SALES(9M)
At Rs 40.15 cr has Grown at -24.42%
PAT(9M)
At Rs -4.36 cr has Grown at -24.42%
ROCE(HY)
Lowest at -2.88%
CASH AND CASH EQUIVALENTS(HY)
Lowest at Rs 0.15 cr
DEBTORS TURNOVER RATIO(HY)
Lowest at 12.22 times
Loading Valuation Snapshot...
Here's what is not working for Rasandik Engg.
Profit After Tax (PAT) - Quarterly
At Rs -2.13 cr has Fallen at -881.7% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 0.27 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Net Sales - Quarterly
At Rs 12.63 cr has Fallen at -13.2% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 14.55 CrMOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Net Sales - Quarterly
Lowest at Rs 12.63 cr
in the last five quartersMOJO Watch
Near term sales trend is negative
Net Sales (Rs Cr)
Cash and Cash Equivalents - Half Yearly
Lowest at Rs 0.15 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Debtors Turnover Ratio- Half Yearly
Lowest at 12.22 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio






