Rasandik Engineering Industries India Ltd.
Snapshot View

81.95 0.00

23 July 2021, 04:00:00 P.M.
Volume: 310

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Auto Ancillary Compare with Industry peers
Website http://www.rasandik.com
Financial Indicators
Market Cap 48.97 Cr.
Earnings per share (EPS) -9.66 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 91.09 Trailing Twelve Months Ending 2021-03
Book Value / Share 164.57 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.50 Calculated using Price: 81.95
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 0.60 Cr. 5,975,000 Shares
FaceValue 10
Company Profile

Rasandik Engineering Industries India Ltd.is a respectively a new company established in 1986, a dynamic and forward thinking auto sheet metal component manufacturer. Totally committed to quality throughout its manufacturing processes, Rasandik is TS 16949 and ISO 14001 accredited company.

From its inception in 1986, Rasandik's growth has been impressive and it now supply fuel tanks and other steel metal components including Sub Assemblies, Engine Mounting, Suspension Parts, Rear Axle, Pedal Assembly and other parts to many of India's leading OEMs'A tier 1supplier, Rasandik's customers include Maruti, Honda, and Fiat India, amongst others.

Rasandik was quick to realise that suppliers will need to shift their perception from using low technology to state-of-the-art. The use of high level of automation in Press Shop and Robotics in welding would result in product quality consistency of enhancement of productivity levels. To realize this goal, the company has invested heavily in advanced equipment and technology including CATIA, Unigraphics & Hyperform software being used in designing and development of Components, Tools and Dies, Welding and Checking Fixtures.

The CAM section of the software assists in manufacture of Tools & Dies at a rapid pace. To cement our stake in the global market Rasandik has further planned to offer Tailor Welded Blank system and provide a single point responsibility from product design to product delivery. Establishing an independent Tool Shop in 2002, Rasandik is capable of offering Turnkey Solutions for CAD/CAM/ CAE and Reverse Engineering around CATIA and Unigraphics applications package. Rasandik is rapidly moving up the value addition chain and becoming an integrated component manufacturer.

Product range of the company includes:

  • Tailor Welded Blanks
  • Tools & Dies 
  • Body Parts
  • Fuel Tank
  • Exhaust Line & CNC Bending 
  • Sub Assemblies
  • Engine Mounting
  • Suspension Parts
  • Rear Axle
  • Pedal Assembly

Milestones:

  • 1986 - Commenced manufacturing of Fuel Tanks dies and regular production of Omni Fuel Tanks.
  • 1994 - Major expansion of capacity. Set up 400T / 200T Mechanical Presses, Hydraulic Presses and Fuel Tank Assembly Line.
  • 1995 - Established State of the art water based Paint Shop.
  • 1996 - Enhanced capacity by adding 630T and 200T Mechanical Presses to the Press Line. Rasandik was the first ancilliary to introduce Moving Bolster concept.
  • 1998 - Introduced Robot for Mig Welding Member Engine Mounting
  • 1999 - Surajpur plant consisting of Press Shop with Lead Press of Line. Introduced Robot for Spot Welding operation and integral Transformation Guns for spot welding.
  • 2000 - CATIA introduced at Raj-Ka-Meo to carry out product design, Surface Modelling and Die Designing and CAM as a part of Tool Room expansion plans. Reverse Engineering technique have been introduced for component modeling using scanning probes. Introduced Co-ordinate Layout Measuring Machine. Started manufacturing of the new tooling in-house.
  • 2001 - Turnkey solution for CAD/CAM/CME and Reverse Engineering Green Chain Management certification.
  • 2002 - Set up State-of-the-art Tool Shop at Sohna. Obtained TS 16949 & ISO 14001 Certification.
  • 2003 - Enhanced Press Line capacity by adding a 1200T Press & introduced conveyorised spay pre-treatment paint line and Exhaust Muffler Line At Surajpur.
  • 2006 (12th June) - Launch of the very first Tailor Welded Blanks system in India, at Sohna, Gurgaon. A state-of-the-art TW welder of the type LPQ 3000 with capacity of a million meter per year of laser welding.

Achievements/ recognition:

  • Quality management system certificate in ISO/TS 16949:2002.
  • ISO 9001 certified
  • ISO 14001 certified
  • The Very First Tailored Blank Welding System in India being set up by Market Leader and Pioneer Rasandik.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
1 Week
-8.94%
1 Month
+12.34%
3 Month
+9.12%
6 Month
+41.29%
1 Year
+87.31%
2 Year
+43.14%
5 Year
+36.58%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) -48.43 13.77 -24.69 26.74 4.43 9.50 1.63 3.12 -3.14
Return on Capital Employed (%) 3.87 16.95 6.68 14.27 9.97 12.73 8.94 9.60 -3.87
Return on Assets (%) -4.97 1.13 -1.97 2.22 0.45 1.75 0.41 0.97 -1.19

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 22 25 20 25 26 78 81 107 104
Non Curr. Liab. 75 72 84 104 83 101 88 74 47
Curr. Liab. 186 188 170 135 135 139 127 121 102
Minority Int.
Equity & Liab. 283 284 273 264 244 318 296 303 254
Non Curr. Assets 210 206 200 185 166 228 220 210 195
Curr. Assets 73 79 73 79 78 90 76 93 59
Misc. Exp. not W/O 0 0
Total Assets 283 284 273 264 244 318 296 303 254

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 222 242 190 207 195 215 239 267 208
Other Income 1 1 1 16 9 14 5 8 4
Total Income 223 243 191 223 204 229 244 275 212
Total Expenditure -205 -209 -168 -189 -175 -191 -212 -241 -206
PBIDT 18 34 23 34 29 38 32 33 6
Interest -17 -16 -16 -15 -18 -20 -17 -13 -11
Depreciation -13 -13 -14 -14 -13 -14 -14 -14 -13
Taxation -1 -1 2 1 3 1 0 -4 15
Exceptional Items
PAT -14 3 -5 6 1 5 1 3 -3

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 38 22 11 -11 7 25 37 10 24
Cash Fr. Inv. -26 -5 -4 -4 -1 -3 -5 -3 -1
Cash Fr. Finan. -18 -17 -4 14 -12 -22 -30 -10 -24
Net Change -5 0 3 0 -6 0 2 -2 0
Cash & Cash Eqvt 4 3 7 7 1 0 2 0 0

Shareholding Pattern View Details

9 Qtrs 2019-03 (%) 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%)
Promoter 45.60 45.72 46.11 46.23 46.30 46.30 46.30 46.52 49.92
Public 54.40 54.28 53.89 53.77 53.70 53.70 53.70 53.48 50.08
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.30 0.30 0.29 0.29 0.29 0.29 0.29 0.29 0.27

Announcements View Details

Fri, 16 Jul 2021
Shareholding for the Period Ended June 30 2021
Rasandik Engineering Industries India Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Wed, 07 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Certificate pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 for the quarter ended June 30 2021.
Tue, 06 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- Pradeep Chandra Nayak
Designation :- Company Secretary and Compliance Officer

Technical Scans View Details

Fri, 23 Jul 2021
Stock Underperforming Benchmark Index in both 1 Week and 3 Month Stock Underperforming Benchmark Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index
Both SRS And ARS Above Zero Both SRS And ARS Above Zero

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