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Available in Depository:
NSDL
CDSL
Available for Investment:
Primary
Secondary
RECOMMENDATION
Sell
Business Type
Traditional Business
RATING
RECOMMENDATION
Sell
Business Type
Traditional Business
Discover and get complete analysis on Ring Plus Aqua upcoming IPO unlisted shares - Ring Plus Aqua Management, Business Model, Financials, Growth, Valuations, Funding Rounds, Ring Plus Aqua News and latest updates.
ISIN
INE093H01012
Face Value
₹10.00
Total Share
78,68,618
Total Income
₹323.96 Cr
Profit After Tax
₹38.73 Cr
EPS
₹49.93
P/E
7.51
P/B
2.13
Market Capitalisation
₹295.07 Cr
Enterprise Value
₹299.44 Cr
Book Value
₹176.28
Intrinsic Value
₹2,071.14
Dividend Yield
24.80 %
Earnings Yield
13.31 %
Sector
Materials
Sub-sector
Auto Parts
Category
Pre IPO
Cashflow - Operations
₹38.88 Cr
Cashflow - Financing
-₹73.91 Cr
Compounded Sales Growth
58.13%
1 Year
9.42%
4 Year
11.00%
6 Year
Compounded Profit Growth
71.99%
1 Year
9.85%
4 Year
NA
6 Year
Return On Equity
27.92%
2022
37.65%
2019
16.32%
2017
The company has expressed no intentions of an initial public offering as of now.
On October 31, 2021, SEPL has become a wholly owned subsidiary of JK Files & Engineering Limited. Subsequently, SEPL transferred 89.07% of equity share capital of Ring Plus Aqua Limited (RPAL), the then subsidiary of SEPL to JK Files & Engineering Limited. Accordingly, effective November 11, 2021, RPAL has become a direct subsidiary of JK Files & Engineering Limited.
RPAL will not witness any further restructuring in the near future due to JK Files raising funds through an IPO. This prevents RPAL from raising funds through an IPO, so investors will find it hard to take an exit from the stock, which makes the company fairly valued.
Acquisition
Ring Plus Aqua commands highest volume share of over 50% in the domestic passenger vehicle (“PV”) industry and over 45% in the domestic commercial vehicle (“CV”) industry in terms of supply to original equipment manufacturers (“OEMs”) for domestic production in Fiscal 2021. It is amongst the key players in the Ring Gears industry globally.
By leveraging long-term presence in tailor-made ring gears and long-standing relationships with OEMs and Tier-1 suppliers to OEMs, the business has been able to develop a strong presence in the manufacturing of Flexplates. RPAL is the sole domestic manufacturer of flexplates in India and catered to over 25% of the flexplates volume demand for PV domestic production in FY21.
Assets of the company as on 31st March 2021
Particulars | Amount in Cr. |
Buildings | 18.64 |
Plant & Equipment's | 53.50 |
Furniture & Fixtures | 0.22 |
Office Equipment's | 1.52 |
Computers | 0.35 |
Vehicles | 6.10 |
RECOMMENDATION
Sell
Industry Statistics
PRIVATE LIMITED
Registered In
India
last Updated
12/01/2022
Registered Date
11/09/1986
Planify Ticker
RPAL
Reg Office: D-3/4, STICE, At post – Musalgaon, Tal-Sinnar, Dist. Nashik – 422112, India
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