Readymix Construction Machinery
Readymix Construction Machinery
Capital GoodsKey Fundamentals
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Key Insights
Strengths
2- Stock is trading at 1.13 times its book value
- Company has delivered good profit growth of 58.8% CAGR over last 5 years
Weaknesses
3- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 174 days.
- Working capital days have increased from 183 days to 257 days
Growth Rate
Quarterly Results
| Particulars | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 17.65 | 55.63 | 27.65 | 62.96 |
| Expenses | 18.49 | 40.15 | 25.35 | 52.62 |
| Operating Profit | -0.84 | 15.48 | 2.3 | 10.34 |
| OPM % | -4.76% | 27.83% | 8.32% | 16.42% |
| Other Income | 0 | 0.23 | 0.3 | 0.38 |
| Interest | 0.49 | 0.75 | 0.81 | 1.08 |
| Depreciation | 0.5 | 0.58 | 0.62 | 0.69 |
| PBT | -1.83 | 14.38 | 1.17 | 8.95 |
| Tax % | -1.64% | 22.46% | 33.33% | 25.14% |
| Net Profit | -1.8 | 11.14 | 0.78 | 6.71 |
| EPS in Rs | -2.28 | 10.17 | 0.71 | 6.12 |
Profit & Loss
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Sales | 26.7 | 47.81 | 54.89 | 69.79 | 73.28 | 90.6 |
| Expenses | 25.35 | 45.21 | 49.92 | 55.98 | 58.64 | 77.97 |
| Operating Profit | 1.35 | 2.6 | 4.97 | 13.81 | 14.64 | 12.63 |
| OPM % | 5.06% | 5.44% | 9.05% | 19.79% | 19.98% | 13.94% |
| Other Income | 0.02 | 0.01 | 0.01 | 0.02 | 0.23 | 0.68 |
| Interest | 0.23 | 0.62 | 1.04 | 0.84 | 1.24 | 1.89 |
| Depreciation | 0.15 | 0.16 | 0.22 | 0.66 | 1.09 | 1.31 |
| PBT | 0.99 | 1.83 | 3.72 | 12.33 | 12.54 | 10.11 |
| Tax % | 25.25% | 27.87% | 25.27% | 24.66% | 25.52% | 26.01% |
| Net Profit | 0.74 | 1.33 | 2.78 | 9.28 | 9.34 | 7.48 |
| EPS in Rs | 15.93 | 28.63 | 59.85 | 200 | 8.52 | 6.83 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity Capital | 0.46 | 0.46 | 0.46 | 0.46 | 10.96 | 10.96 |
| Reserves | 5.03 | 6.17 | 8.96 | 18.29 | 50.16 | 57.64 |
| Borrowings | 2.52 | 4.68 | 7.6 | 7.87 | 3.5 | 16.87 |
| Other Liabilities | 10.97 | 18.85 | 15.14 | 11.37 | 20.1 | 23.44 |
| Total Liabilities | 18.98 | 30.16 | 32.16 | 37.99 | 84.72 | 109 |
| Fixed Assets | 0.58 | 0.59 | 2.52 | 3.89 | 4.67 | 5.06 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.92 | 0 | 0 | 0.36 | 9.73 | 11.26 |
| Other Assets | 17.48 | 29.57 | 29.64 | 33.74 | 70.32 | 92.59 |
| Total Assets | 18.98 | 30.16 | 32.16 | 37.99 | 84.72 | 109 |
Cash Flow
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Operating | -0.85 | -2.59 | 0.57 | 2.87 | -13.39 | -12.96 |
| Investing | -0.15 | -0.11 | -2.14 | -2.18 | -11.01 | -2.56 |
| Financing | 0.83 | 1.62 | 1.91 | -0.42 | 27.6 | 11.91 |
| Net Cash Flow | -0.17 | -1.08 | 0.34 | 0.26 | 3.2 | -3.61 |
| Free Cash Flow | -1.02 | -2.73 | -1.58 | 0.78 | -15.25 | -14.66 |
| CFO/OP | -44 | -80 | 29 | 42 | -69 | -80 |
Ratios
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor Days | 99.66 | 90.77 | 87.91 | 94.61 | 242 | 174 |
| Inventory Days | 201 | 152 | 137 | 129 | 140 | 307 |
| Days Payable | 169 | 128 | 93.94 | 52.38 | 113 | 90.72 |
| Cash Conversion Cycle | 133 | 115 | 131 | 171 | 270 | 391 |
| Working Capital Days | 52.63 | 54.43 | 45.82 | 72.44 | 218 | 257 |
| ROCE % | — | 25.36% | 33.6% | 60.36% | 30.21% | 15.99% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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53 extracted metrics + investor summaries across FY21–FY26.
Documents
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Company Information
Incorporated in 2012, Readymix Construction Machinery Limited is a multidisciplinary manufacturer and supplier in the construction equipment sector.[1]
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