---
title: "Resurgere Mines & Minerals India Ltd (RMMIL) — Share Price, Financials & Analysis"
symbol: "RMMIL"
company: "Resurgere Mines & Minerals India Ltd"
canonical: "https://tapetide.com/stocks/RMMIL"
isin: "INE774I01031"
nse_symbol: "RMMIL"
bse_code: "533017"
sector: "Commodities"
industry: "Minerals & Mining"
generated_at: "2026-09-13T18:44:43.400Z"
---

# Resurgere Mines & Minerals India Ltd (RMMIL)

Canonical page: https://tapetide.com/stocks/RMMIL

## Company

- **NSE Symbol:** RMMIL
- **BSE Code:** 533017
- **ISIN:** INE774I01031
- **Sector:** Commodities
- **Industry:** Minerals & Mining
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2008-09-01
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** resurgere.in

## About

Resurgere Mines & Minerals India Limited is a Public Limited Company engaged in the business of extraction,processing & sale of Ore and exploration & development of mining assets. Presently the Company is enjoying longterm raising and purchasing rights for Bauxite Mine in the State of Maharashtra and mining rights for Soapstone in theState of Rajasthan.
The Company has also 99.98 % equity holding in Shri Warana Minerals (India) Pvt. Ltd. having another bauxite mine inthe State of Maharashtra through its wholly owned subsidiary i.e. Warana Minerals Private Limited.(Source 2015 Annual Report)

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.03 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -80.8% over past five years.
- Company has a low return on equity of -12.5% over last 3 years.
- Contingent liabilities of Rs.24.5 Cr.
- Company has high debtors of 7,39,695 days.
- Company's cost of borrowing seems high

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 17% | 1% | — |
| revenue growth | -30% | 7% | -81% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 1 | 1 | 0 | 1 | 1 | 0 | 0 | 0 | 3 | 1 | 1 | 0 |
| Operating Profit | 0 | -1 | 0 | -1 | -1 | 0 | 0 | 0 | -3 | -1 | -1 | 0 |
| OPM % | -281 | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Interest | 7 | 7 | 7 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 10 | 10 |
| Depreciation | 9 | 7 | 7 | 7 | 7 | 7 | 7 | 5 | 2 | 2 | 2 | 2 |
| Profit before tax | -16 | -15 | -15 | -16 | -15 | -15 | -15 | -14 | -14 | -11 | -12 | -11 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -16 | -15 | -15 | -16 | -15 | -15 | -15 | -14 | -14 | -11 | -12 | -11 |
| EPS in Rs | -0.79 | -0.74 | -0.74 | -0.78 | -0.75 | -0.74 | -0.74 | -0.68 | -0.72 | -0.57 | -0.6 | -0.54 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 403 | 434 | 526 | 611 | 54 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 295 | 384 | 469 | 568 | 56 | 4 | 3 | 2 | 3 | 5 |
| Operating Profit | 108 | 50 | 57 | 43 | -2 | -4 | -3 | -2 | -3 | -5 |
| OPM % | 27 | 12 | 11 | 7 | -3.5 | -3292 | -4100 | -822 | -1638 | — |
| Other Income | 1 | 5 | 9 | 8 | 5 | 3 | 2 | 2 | 2 | 2 |
| Interest | 4 | 10 | 14 | 18 | 18 | 19 | 21 | 24 | 27 | 37 |
| Depreciation | 2 | 13 | 7 | 26 | 62 | 47 | 34 | 41 | 40 | 7 |
| Profit before tax | 103 | 32 | 45 | 8 | -77 | -68 | -56 | -64 | -67 | -48 |
| Tax % | 38 | 33 | 38 | 42 | 0 | 0 | 6 | 0 | 0 | — |
| Net Profit | 64 | 22 | 28 | 4 | -77 | -68 | -59 | -64 | -67 | -48 |
| EPS in Rs | — | 2.48 | 3.16 | 0.22 | -3.87 | -3.42 | -2.96 | -3.24 | -3.37 | -2.43 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Sep 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 24 | 29 | 29 | 199 | 199 | 199 | 199 | 199 | 199 | 199 |
| Reserves | 203 | 330 | 379 | 510 | 447 | 387 | 341 | 282 | 223 | 96 |
| Borrowings | 55 | 116 | 122 | 122 | 119 | 117 | 117 | 117 | 117 | 117 |
| Other Liabilities | 78 | 49 | 54 | 171 | 225 | 242 | 268 | 293 | 321 | 408 |
| Total Liabilities | 360 | 524 | 584 | 1002 | 990 | 945 | 925 | 890 | 860 | 821 |
| Fixed Assets | 2 | 13 | 182 | 199 | 176 | 153 | 131 | 100 | 70 | 16 |
| CWIP | 60 | 183 | 16 | 161 | 161 | 161 | 161 | 161 | 161 | 0 |
| Investments | 19 | 26 | 19 | 20 | 23 | 23 | 23 | 23 | 22 | 20 |
| Other Assets | 279 | 301 | 366 | 623 | 630 | 609 | 611 | 607 | 607 | 785 |
| Total Assets | 360 | 524 | 584 | 1002 | 990 | 945 | 925 | 890 | 860 | 821 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -17 | -51 | -20 | -28 | -114 | 14 | 18 | 20 | 22 | 24 |
| Cash from Investing Activity | 0 | -79 | -137 | 8 | -176 | -1 | 2 | 1 | 2 | 3 |
| Cash from Financing Activity | 18 | 140 | 164 | 14 | 280 | -17 | -20 | -21 | -24 | -27 |
| Net Cash Flow | 1 | 9 | 7 | -6 | -9 | -4 | 0 | 0 | 0 | 0 |
| Free Cash Flow | -17 | -112 | -155 | -33 | -295 | 14 | 18 | 19 | 22 | 24 |
| CFO/OP | -21 | -30 | 24 | -49 | -266 | -747 | -420 | -691 | -1152 | -914 |

### Ratios

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 75 | 67 | 109 | 110 | 181 | 2196 | 910843 | 1691514 | 514634 | 739695 |
| Inventory Days | 158 | 144 | 39 | 48 | 34 | 208 | 28176 | — | — | 253584 |
| Days Payable | 23 | 33 | 42 | 21 | 127 | 1174 | 155885 | — | — | 1397585 |
| Cash Conversion Cycle | 210 | 178 | 106 | 137 | 87 | 1230 | 783134 | 1691514 | 514634 | -404306 |
| Working Capital Days | 118 | 164 | 188 | 208 | 156 | 1686 | 664777 | 1170034 | 328151 | 430860 |
| ROCE % | 126 | 63 | 11 | 12 | 4 | -7 | -7 | -5 | -6 | -7 |

## Shareholding Pattern

### annual

| Category | Mar 2016 | Dec 2016 |
| --- | --- | --- |
| Promoters | 18.89% | 18.89% |
| DIIs | 0.29% | 0.29% |
| Public | 80.82% | 80.82% |
| No. of Shareholders | 77263 | 75880 |

### Quarterly

| Category | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 |
| --- | --- | --- | --- | --- |
| Promoters | 18.89% | 18.89% | 18.89% | 18.89% |
| DIIs | 0.29% | 0.29% | 0.29% | 0.29% |
| Public | 80.82% | 80.82% | 80.82% | 80.82% |
| No. of Shareholders | 77263 | 76738 | 76011 | 75880 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 4 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 121.1 | Sell |
| EMA (10) | 119.06 | Sell |
| SMA (20) | 126.43 | Sell |
| EMA (20) | 122.59 | Sell |
| SMA (50) | 126.95 | Sell |
| EMA (50) | 125.12 | Sell |
| SMA (100) | 127.52 | Sell |
| EMA (100) | 118.4 | Sell |
| SMA (200) | 86.02 | Buy |
| EMA (200) | 94.42 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 31.81 | Neutral |
| MACD (12,26,9) | -3.47 | Sell |
| Stochastic (14,3,3) | 12.81 | Buy |
| ADX (14) | 21.28 | Neutral |
| Williams %R (14) | -87.1 | Buy |
| ATR (14) | 8.67 | High Volatility |
| ROC (12) | -16.83 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 36.83 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 21 Feb 2019 - Board meeting on March 1 to approve Q2 and Q3 results. | [Board Meeting Intimation for Intimation Of Board Meeting To Be Held On 1St March, For Consideration Of Unaudited Financial Results For The Second Quarter Ended September 30, 2018 And Third Quarter Ended December 31, 2018 21 Feb 2019 - Board meeting on March 1 to approve Q2 and Q3 results.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ec088076-4b28-4178-980c-38035d8ffe20.pdf) |
| 21 Feb 2019 - Board meeting on March 1 to approve Q2 and Q3 results. | [Board Meeting Intimation for Intimation Of Board Meeting To Be Held On 1St March, For Consideration Of Unaudited Financial Results For The Second Quarter Ended September 30, 2018 And Third Quarter Ended December 31, 2018 21 Feb 2019 - Board meeting on March 1 to approve Q2 and Q3 results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ec088076-4b28-4178-980c-38035d8ffe20.pdf) |
| — | [Subject: - Outcome Of Board Meeting Held On March 01, 2019 As Per Regulation 30(2) Of The SEBI (Listing Obligation And Disclosure Requirements), 2015 1 Mar 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=07b43ad9-c485-4571-bc13-78773d68c8cf.PDF) |
| — | [Outcome Of Board Meeting Held On March 01, 2019, As Per Regulation 30 Of The SEBI (Listing Obligation And Disclosure Requirements), 2015. 1 Mar 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=434e1f6e-a1b3-482f-a12f-a5d809baa920.PDF) |
| — | [Subject: - Outcome Of Board Meeting Held On March 01, 2019 As Per Regulation 30(2) Of The SEBI (Listing Obligation And Disclosure Requirements), 2015 1 Mar 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/07b43ad9-c485-4571-bc13-78773d68c8cf.PDF) |
| — | [Outcome Of Board Meeting Held On March 01, 2019, As Per Regulation 30 Of The SEBI (Listing Obligation And Disclosure Requirements), 2015. 1 Mar 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/434e1f6e-a1b3-482f-a12f-a5d809baa920.PDF) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2012 from nse](https://archives.nseindia.com/annual_reports/AR_RMMIL_2011_2012_14092012114234.zip) |
| from nse | [Annual Report 2011 from nse](https://archives.nseindia.com/annual_reports/AR_RESURGERE_2010_2011_23092011044040.zip) |
| from nse | [Annual Report 2010 from nse](https://archives.nseindia.com/annual_reports/AR_RESURGERE_2009_2010_13042011125232.zip) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/533017/5330170316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/533017/5330170315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/533017/5330170314.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport/533017/5330170313.pdf) |
| from bse | [Annual Report 2012 from bse](https://www.bseindia.com/bseplus/AnnualReport/533017/5330170312.pdf) |
| from bse | [Annual Report 2011 from bse](https://www.bseindia.com/bseplus/AnnualReport/533017/5330170311.pdf) |
| from bse | [Annual Report 2010 from bse](https://www.bseindia.com/bseplus/AnnualReport/533017/5330170310.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:44:43.400Z.