Revathi Equipment
Revathi Equipment
Capital GoodsKey Fundamentals
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Key Insights
Weaknesses
5- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 10.5% over past five years.
- Earnings include an other income of Rs.11.0 Cr.
- Company has high debtors of 158 days.
- Working capital days have increased from 92.2 days to 226 days
Growth Rate
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 19.58 | 29.45 | 55.75 | 108 | 52.03 | 19.71 | 42.3 | 64.5 | 22.24 | 22.26 | 30.79 | 64.14 | 29.48 |
| Expenses | 17.26 | 25.92 | 44.42 | 86.04 | 43.34 | 18.08 | 37.85 | 50.13 | 22.13 | 23.35 | 31.22 | 45.8 | 27.42 |
| Operating Profit | 2.32 | 3.53 | 11.33 | 21.63 | 8.69 | 1.63 | 4.45 | 14.37 | 0.11 | -1.09 | -0.43 | 18.34 | 2.06 |
| OPM % | 11.85% | 11.99% | 20.32% | 20.09% | 16.7% | 8.27% | 10.52% | 22.28% | 0.49% | -4.9% | -1.4% | 28.59% | 6.99% |
| Other Income | 1.3 | 3.22 | 2.02 | 2.12 | 3.66 | 3.27 | -0.04 | 3.41 | 4.1 | 4.47 | 3.29 | 1.26 | 2 |
| Interest | 1.1 | 0.86 | 1.49 | 1.86 | 1.7 | 1.7 | 3.48 | 3.18 | 2.32 | 2.24 | 2.82 | 1.98 | 2.35 |
| Depreciation | 0.25 | 0.29 | 0.33 | 0.31 | 0.34 | 0.42 | 0.45 | 0.41 | 0.78 | 0.97 | 0.98 | 0.89 | 0.89 |
| PBT | 2.27 | 5.6 | 11.53 | 21.58 | 10.31 | 2.78 | 0.48 | 14.19 | 1.11 | 0.17 | -0.94 | 16.73 | 0.82 |
| Tax % | 31.28% | 29.46% | 27.75% | 19.32% | 22.99% | 2.88% | 58.33% | 34.18% | 43.24% | -88.24% | 78.72% | 15.72% | 14.63% |
| Net Profit | 1.55 | 3.95 | 8.33 | 17.41 | 7.94 | 2.7 | 0.2 | 9.34 | 0.63 | 0.32 | -1.68 | 14.1 | 0.7 |
| EPS in Rs | — | — | — | — | 25.89 | 8.8 | 0.65 | 30.45 | 2.05 | 1.04 | -5.48 | 45.97 | 2.28 |
Profit & Loss
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales | 75 | 85 | 101 | 110 | 212 | 179 | 139 | 147 |
| Expenses | 58 | 66 | 83 | 89 | 173 | 148 | 122 | 128 |
| Operating Profit | 17 | 19 | 18 | 20 | 40 | 30 | 17 | 19 |
| OPM % | 22% | 22% | 18% | 19% | 19% | 17% | 12% | 13% |
| Other Income | 2 | 2 | 5 | 4 | 9 | 10 | 13 | 11 |
| Interest | 1 | 3 | 5 | 4 | 6 | 11 | 9 | 9 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 4 |
| PBT | 17 | 16 | 17 | 20 | 41 | 28 | 17 | 17 |
| Tax % | 30% | 29% | 33% | 32% | 24% | 27% | 22% | — |
| Net Profit | 12 | 12 | 11 | 13 | 31 | 20 | 13 | 13 |
| EPS in Rs | — | — | — | — | — | 65.8 | 43.59 | 43.81 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 168 | 180 | 60 | 73 | 104 | 123 | 137 |
| Borrowings | 17 | 33 | 28 | 33 | 31 | 37 | 68 |
| Other Liabilities | 27 | 54 | 35 | 52 | 101 | 75 | 57 |
| Total Liabilities | 215 | 270 | 126 | 160 | 238 | 238 | 265 |
| Fixed Assets | 21 | 22 | 6 | 7 | 8 | 38 | 45 |
| CWIP | 0 | 0 | 0 | 0 | 6 | 0 | 0 |
| Investments | 115 | 101 | 34 | 35 | 56 | 77 | 58 |
| Other Assets | 79 | 147 | 86 | 119 | 168 | 123 | 162 |
| Total Assets | 215 | 270 | 126 | 160 | 238 | 238 | 265 |
Cash Flow
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Operating | 9 | 1 | 28 | 6 | 44 | 28 | -30 |
| Investing | -26 | -15 | -18 | 0 | -31 | -36 | 9 |
| Financing | 16 | 14 | -10 | 1 | -8 | -4 | 22 |
| Net Cash Flow | -1 | 0 | 0 | 7 | 6 | -12 | 0 |
| Free Cash Flow | 10 | 0 | 27 | 4 | 33 | 4 | -43 |
| CFO/OP | 69 | 19 | 170 | 52 | 121 | 124 | -134 |
Ratios
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 158 | 191 | 86 | 119 | 58 | 51 | 158 |
| Inventory Days | 292 | 427 | 337 | 431 | 252 | 257 | 371 |
| Days Payable | 195 | 299 | 147 | 166 | 131 | 111 | 216 |
| Cash Conversion Cycle | 255 | 319 | 276 | 384 | 180 | 198 | 313 |
| Working Capital Days | 88 | 210 | 68 | 97 | 35 | 16 | 226 |
| ROCE % | — | 10% | 14% | 24% | 38% | 26% | 14% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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Documents
Frequently Asked Questions about Revathi Equipment
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Company Information
Incorporated in 2020, Revathi Equipment India Ltd designs and manufactures drilling rigs (drilling equipment)[1]
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