BSE: 544121 | NSE: | Gas Transmission/Marketing | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Rudra Gas Enterprise Ltd is a average quality company.
The key valuation ratios of Rudra Gas Enterprise Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Rudra Gas Enterprise Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| ROCE % ⓘ | 20.7% | 25.1% | 30.3% | 24.6% | - |
| Value Creation Index ⓘ | 0.5 | 0.8 | 1.2 | 0.8 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||
| Sales ⓘ | 28.1 | 43.8 | 49.4 | 63.8 | 64 |
| Sales YoY Gr. | - | 56.1% | 12.7% | 29.1% | - |
| Adj EPS ⓘ | 2.5 | 3.6 | 6.9 | 5.7 | 5.7 |
| YoY Gr. | - | 44.9% | 93.8% | -17.6% | - |
| BVPS (₹) ⓘ | 5.1 | 8.5 | 15.2 | 31.5 | 31.5 |
| Adj Net Profit ⓘ | 1.3 | 1.9 | 3.6 | 4.7 | 5 |
| Cash Flow from Ops. ⓘ | 2.6 | 4.2 | -1.2 | -4.3 | - |
| Debt/CF from Ops. ⓘ | 3.8 | 3.3 | -14.8 | -4.8 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 31.4% | 29.1% | ||||
| Adj EPS ⓘ | NA | NA | 32.3% | -17.6% | ||||
| BVPSⓘ | NA | NA | 83.6% | 107.2% | ||||
| Share Price | - | - | - | - | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| Return on Equity % ⓘ | 48.2 | 52.3 | 58.1 | 27.6 | 18 |
| Op. Profit Mgn % ⓘ | 10.4 | 10.3 | 14.6 | 14.8 | NAN |
| Net Profit Mgn % ⓘ | 4.6 | 4.3 | 7.3 | 7.4 | 7.4 |
| Debt to Equity ⓘ | 3.8 | 3.1 | 2.2 | 0.8 | - |
| Working Cap Days ⓘ | 0 | 141 | 165 | 185 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 13 | 29 | 67 | 0 |
Sales growth is growing at healthy rate in last 3 years 31.43%
Net Profit is growing at healthy rate in last 3 years 32.27%
Debt to equity has declined versus last 3 years average to 0.80
Return on Equity has declined versus last 3 years average to 18.00%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 5.7 | 5.6 |
| TTM Sales (₹ Cr.) | 63.8 | 63.8 |
| BVPS (₹.) ⓘ | 31.5 | 31.4 |
| Reserves (₹ Cr.) ⓘ | 18 | 18 |
| P/BV ⓘ | 4.46 | 4.47 |
| PE ⓘ | 24.75 | 25.12 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 119.70 / 259.90 |
| All Time Low / High (₹) | 119.70 / 259.90 |
| Market Cap (₹ Cr.) | 117 |
| Equity (₹ Cr.) | 8.3 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 26.9 |
| Pledged * | 0.00 | 0.00 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Sales | 28 | 44 | 49 | 64 |
| Operating Expenses ⓘ | 25 | 39 | 42 | 54 |
| Manufacturing Costs | 18 | 24 | 28 | 37 |
| Material Costs | 4 | 7 | 4 | 3 |
| Employee Cost | 3 | 5 | 9 | 12 |
| Other Costs ⓘ | 1 | 3 | 1 | 2 |
| Operating Profit ⓘ | 3 | 5 | 7 | 9 |
| Operating Profit Margin (%) | 10.4% | 10.3% | 14.5% | 14.8% |
| Other Income ⓘ | 0 | 0 | 0 | 0 |
| Interest ⓘ | 1 | 1 | 2 | 3 |
| Depreciation ⓘ | 0 | 1 | 1 | 1 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 2 | 2 | 5 | 6 |
| Tax ⓘ | 1 | 1 | 1 | 2 |
| Profit After Tax | 1 | 2 | 4 | 5 |
| PAT Margin (%) | 4.5% | 4.1% | 7.3% | 7.4% |
| Adjusted EPS (₹) | 2.4 | 3.4 | 6.9 | 5.7 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 3 | 4 | 8 | 26 | ||||||
| Share Capital ⓘ | 0 | 0 | 0 | 8 | ||||||
| Reserves ⓘ | 2 | 4 | 8 | 18 | ||||||
| Minority Interest | 0 | 0 | 0 | 0 | ||||||
| Debt | 10 | 12 | 15 | 17 | ||||||
| Long Term Debt | 5 | 5 | 4 | 4 | ||||||
| Short Term Debt | 5 | 7 | 11 | 14 | ||||||
| Trade Payables | 4 | 6 | 3 | 2 | ||||||
| Others Liabilities ⓘ | 3 | 6 | 8 | 13 | ||||||
| Total Liabilities ⓘ | 20 | 28 | 34 | 58 | ||||||
Fixed Assets | ||||||||||
| Gross Block | 5 | 9 | 9 | 11 | ||||||
| Accumulated Depreciation | 0 | 1 | 2 | 3 | ||||||
| Net Fixed Assetsⓘ | 5 | 8 | 8 | 8 | ||||||
| CWIP ⓘ | 0 | 0 | 0 | 0 | ||||||
| Investmentsⓘ | 0 | 0 | 0 | 1 | ||||||
| Inventories | 1 | 1 | 2 | 2 | ||||||
| Trade Receivables | 6 | 7 | 8 | 17 | ||||||
| Cash Equivalents | 0 | 1 | 1 | 9 | ||||||
| Others Assetsⓘ | 8 | 12 | 15 | 21 | ||||||
| Total Assets ⓘ | 20 | 28 | 34 | 58 | ||||||
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 3 | 4 | -1 | -4 |
| PBT ⓘ | 2 | 2 | 5 | 6 |
| Adjustment ⓘ | 1 | 2 | 2 | 3 |
| Changes in Working Capital ⓘ | 0 | 0 | -7 | -12 |
| Tax Paid ⓘ | 0 | -1 | -1 | -1 |
| Cash Flow From Investing Activity ⓘ | -3 | -2 | -1 | -9 |
| Capex | -2 | -4 | -1 | -1 |
| Net Investments | -2 | 1 | 0 | -8 |
| Others ⓘ | 1 | 1 | 0 | 0 |
| Cash Flow From Financing Activityⓘ | 1 | -2 | 2 | 14 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 14 |
| Net Proceeds from Borrowing ⓘ | 1 | 0 | 0 | 1 |
| Interest Paid ⓘ | -1 | -1 | -2 | -3 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 4 | 3 |
| Net Cash Flow ⓘ | 0 | 0 | 0 | 1 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 47.57 | 50.29 | 58.24 | 27.62 | ||||||
| ROCE (%) | 20.74 | 25.09 | 30.34 | 24.58 | ||||||
| Asset Turnover Ratio | 1.43 | 1.84 | 1.6 | 1.4 | ||||||
| PAT to CFO Conversion(x) | 3 | 2 | -0.25 | -0.8 | Working Capital Days | |||||
| Receivable Days | 73 | 53 | 57 | 72 | ||||||
| Inventory Days | 13 | 8 | 9 | 10 | ||||||
| Payable Days | 440 | 260 | 372 | 244 | ||||||
Rudra Gas Enterprise Limited was originally incorporated as ‘Rudra Gas Enterprise Private Limited’ as a private limited company under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated September 7, 2015, issued by the Assistant Registrar of Companies, Gujarat. Thereafter, the Company was converted from a private limited company to public limited company pursuant to special resolution passed in the Extra-Ordinary General Meeting of the company dated August 25, 2023 and consequently, the name of Company was changed from ‘Rudra Gas Enterprise Private Limited’ to ‘Rudra Gas Enterprise Limited’ and a fresh certificate of incorporation dated September 4, 2023 was issued to the Company by the Registrar of Companies, Ahmedabad.
The company is engaged in various facets of the infrastructure sector. It is mainly engaged in gas distribution network projects, fiber cable network, renting of construction machinery and vehicles. It provides end-to-end solutions for the city gas distribution sector. Its expertise is in pipeline construction, civil works, and operation and maintenance, for pipeline networks in city gas distribution. Its services ensure the safe and efficient transportation of vital resources such as Compressed Natural Gas (CNG) and Piped Natural Gas (PNG). In Fiber cable network sector, the company offers services of installations of optical Fiber cable and maintenance thereof. Its commitment to reliability and quality makes it a trusted partner in these vital sectors. Its main focus is on delivering projects in a timely manner while upholding the highest standards of safety. It understands the importance of completing projects on schedule, meeting deadlines, and ensuring the well-being of its workforce, stakeholders, and the surrounding communities. Its client base comprises of established players in the city gas distribution industry and telecommunication industry, both in public and private sector.
The company has grown significantly during the past, under the leadership and guidance of its Promoters, as they hold the technical experience in the gas pipeline infrastructure industry and are the guiding force behind the successful execution of its business strategies over the years. They have successfully implemented business strategies that have shown its growth in the industry. Their extensive technical expertise, industry knowledge, and valuable relationships have been instrumental in driving its success and also give the company competitive advantage to expand its geographical and client presence in existing, while exploring new avenues for growth in future. Their foresightedness and vision have helped it to identify opportunities and capitalize on the same. It has and expects to continue to benefit from their strong industry expertise and relationships with clients.
Business area of the company
The company is engaged in the business of providing end to end solutions for city gas distribution sector and tower installations, network expansion and maintenance relating to Telecom sector
History and milestones
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Claim your FREE 15-day access to the most practical investing handbook.
Hurry, limited to the first 10 users today!
FREE Become a savvy and confident
stock investor.
Hurry, limited to the first 10 users today!
Download APP
