REMSONS INDS chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 497.52
Dividend & Yield1.00₹ (0.49%)
Beta 1
Market capitalization 1.16B
Operating cash flow N/A
ESG Scores unknown

Company description

Remsons Industries Limited engages in the manufacture and sale of automotive components parts and its products in India. It offers clutch, accelerator/throttle/gasoline, front and rear parking brake, shift and reverse gear, choke, engine stop, speedometer, fare meter, de-compressor, body cables, HVAC cables, door cables, pull-to-stop cables, drive change, and seat cables for use in two, three, and four wheelers; and light, medium, and heavy commercial vehicles, as well as in construction, mining, and farm equipment. The company also provides flexible shafts that are used in speedometers, tachometers, power tools/machineries, power seats, and farm and earth moving equipment; gear shift systems and push pull cables, which are used in passenger cars and rear engine buses, as well as in light, medium, and heavy commercial vehicles. In addition, it offers winch assembly, jack kit, pedal box assembly, and parking box assembly products. The company exports its products to the United Kingdom, France, Mexico, the United States, Germany, Austria, Sweden, Italy, Spain, Turkey, Nepal, Sri Lanka, Bangladesh, Brazil, Kenya, Bhutan, Singapore, and the United Arab Emirates. Remsons Industries Limited was founded in 1959 and is headquartered in Mumbai, India.

Sector: Consumer Cyclical - Industry: Auto Parts

Financial Ratios
Quick Ratio0.61
Working Capital0.35
Return On Equity0.15
Debt To Equity1.16
Fixed Asset Ratio0.05
Fixed Interest Cover1.99

Financial data

Financial Statements

Cashflow Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Change To Liabilities 48.06M 98.72M -31.27M 213.24M
Total Cashflows From Investing Activities -25.02M -36.88M -24.48M -301.14M
Net Borrowings 14.23M -19.02M 24.26M 351.2M
Total Cash From Financing Activities -5.84M -48.87M -17.61M 318.43M
Change To Operating Activities -8.89M 3.9M -6.83M -43.19M
Issuance Of Stock
Net Income 34.46M 34.42M 53.37M 44.85M
Change In Cash 7.21M -5.7M 9.85M 7.11M
Effect Of Exchange Rate
Total Cash From Operating Activities 38.08M 80.05M 51.94M -10.19M
Depreciation 24.03M 23.28M 29.87M 42.05M
Change To Account Receivables -37.28M -61.61M 51.77M -206.36M
Other Cashflows From Financing Activities -20.07M -22.42M -24.73M -32.77M
Change To Netincome 25.38M 22.77M 12.21M 20.34M
Capital Expenditures -31.72M -38.42M -27.02M -81.55M

Income Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Research Development
Income Before Tax 45.51M 49.05M 74.12M 79.2M
Net Income 34.46M 34.42M 53.37M 44.85M
Selling General Administrative 246.46M 282.37M 316.93M 402.55M
Gross Profit 483.59M 553.8M 621.87M 735.05M
Ebit 57.84M 68.86M 88.88M 68.88M
Operating Income 57.84M 68.86M 88.88M 68.88M
Interest Expense -24.33M -20.97M -25.15M -34.62M
Income Tax Expense 11.05M 14.63M 20.76M 34.35M
Total Revenue 1.28B 1.49B 1.59B 2.27B
Cost Of Revenue 797.72M 939.98M 969.92M 1.53B
Total Other Income ExpenseNet -12.33M -19.82M -14.76M 10.32M
Net Income From Continuing Ops 34.46M 34.42M 53.37M 44.85M
Net Income Applicable To Common Shares 34.46M 34.42M 53.37M 44.85M

Balance Sheet Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Total Liabilities 501.43M 584.67M 598.85M 1.36B
Total Stockholder Equity 195.55M 217.4M 247.4M 297.19M
Other Current Liabilities 15.59M 11.44M 19.21M 43.37M
Total Assets 696.98M 802.07M 846.25M 1.65B
Common Stock 57.13M 57.13M 57.13M 57.13M
Other Current Assets 21.66M 12.67M 21.68M 53.11M
Retained Earnings 139.12M 164.58M 197.28M 242.13M
Treasury Stock -700k -4.31M -7.01M -2.07M
Cash 10.05M 4.35M 14.2M 21.3M
Total Current Liabilities 414.83M 497.25M 507.85M 882.89M
Other Stockholder Equity -700k -4.31M -7.01M -2.07M
Property, Plant, and Equipment 217.99M 216.49M 223.41M 408.65M
Total Current Assets 464.01M 560.71M 598.15M 1.01B
Net Tangible Assets 190.3M 202.54M 234.56M 261.79M
Net Receivables 206.59M 274.98M 234.37M 460.84M
Accounts Payable 182.22M 280.92M 246.32M 489.78M


Insider Transactions

Here are the insider transactions of stock shares related to REMSONS INDS:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Harlalka (Vishwaprakash) HUFD2013-10-18Promoter245.3k
Kejriwal (Chand)D2013-10-18Wholetime Director245.3k
Kejriwal (Chand)D2013-03-25Wholetime Director303.12k
Kejriwal (Krishna)D2013-03-25Managing Director303.12k
Kejriwal (Rahul)D2013-03-25Promoter909.36k
Kejriwal (Shivani)D2013-03-25Promoter303.12k
Kejriwal (Rahul)D2011-12-01Promoter1.21M

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to REMSONS INDS. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on REMSONS INDS

Here is the result of two systematic investment strategies applied to REMSONS INDS. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on REMSONS INDS

The following chart shows the equity curve of the two systematic investment strategies applied to REMSONS INDS:

REMSONS INDS automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 118.42% on the backtest period.

Performance at glance

Performance

118.42 %

Latent gain

2640.75 ₹

Invested capital

2230.05 ₹

Annualized return

28.06 %
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Momentum strategy results on REMSONS INDS

This is the result of two momentum investment strategies applied to REMSONS INDS. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on REMSONS INDS

The following chart shows all the entries opened by the momentum investment system on REMSONS INDS:

REMSONS INDS momentum entries
  • The first momentum investment strategy would give 145.57% of return on REMSONS INDS. That represents 5512.2₹ of latent gain with 3786.6₹ of employed capital.
  • The second momentum investment strategy would give 134.74% of return on REMSONS INDS. That represents 4066.6₹ of latent gain with 3018.2₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

145.57 %

Latent gain

5512.2 ₹

Invested capital

3786.6 ₹

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

134.74 %

Latent gain

4066.6 ₹

Invested capital

3018.2 ₹

Annualized return

36.03 %

Momentum equity curve on REMSONS INDS

The following chart shows the equity curve of the two momentum strategies applied to REMSONS INDS:

REMSONS INDS momentum equity

Note: the dividends potentially given by REMSONS INDS are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on REMSONS INDS

The following chart shows the employed capital evolution of the two momentum strategies on REMSONS INDS since the beginning:

REMSONS INDS

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on REMSONS INDS

Buy the dip entry openings on REMSONS INDS

REMSONS INDS

The performance achieved by the robo-advisor on REMSONS INDS is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows REMSONS INDS stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of REMSONS INDS, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

0.0 %

Equity curve of the strategy applied to REMSONS INDS

The following chart shows the result of the investment strategy applied to REMSONS INDS:

REMSONS INDS

Note: the dividends potentially given by REMSONS INDS are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on REMSONS INDS

The following chart shows the employed capital evolution since the beginning of the investment strategy on REMSONS INDS:

REMSONS INDS

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on REMSONS INDS

In this section, I will compare the three previous investment strategies applied to REMSONS INDS.

Equity curve comparison on REMSONS INDS

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

REMSONS INDS investment strategy comparison

Employed capital comparison on REMSONS INDS

REMSONS INDS investment comparison

Performance comparison on REMSONS INDS

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 118.42% 2640.75₹ 2230.05₹ 28.06%
Momentum 1 quarter 145.57% 5512.2₹ 3786.6₹ 36.58%
Momentum 2 quarters 134.74% 4066.6₹ 3018.2₹ 36.03%
Non-directional 0% 0.0₹ 0.0₹ 0.0%
Annualized return comparison

Automatic investment

28.06 %

Momentum 1Q

36.03 %

Momentum 2Q

36.03 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with REMSONS INDS:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between REMSONS INDS and the other stocks. There may be false positives or some missing correlated stocks. If the price of REMSONS INDS does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name REMSONS INDS
Country India
City Mumbai
Address 401, Gladdiola
Phone 91 22 2612 2368
Website www.remsons.com
FullTime employees 273
Industry Auto Parts
Sector Consumer Cyclical
Exchange XNSE
Ticker REMSONSIND.XNSE
Market

REMSONS INDS ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown