Remsons Industries Ltd P/E Ratio

The P/E Ratio of Remsons Industries Ltd is 48.9 as of 27 Jul 9.00 AM .a1#The P/E Ratio of Remsons Industries Ltd changed from 18 on March 2021 to 13.3 on March 2023 . This represents a CAGR of -9.59% over 3 years. a1#The Latest Trading Price of Remsons Industries Ltd is ₹ 191.35 as of 26 Jul 15:30 .a1#The PE Ratio of Auto Ancillaries Industry has changed from 24.5 to 57.4 in 5 years. This represents a CAGR of 18.56%a1# The PE Ratio of Auto Ancillaries industry is 36.9. The PE Ratio of Automobile industry is 18.9. The PE Ratio of Finance industry is 23.0. The PE Ratio of IT - Software industry is 29.1. The PE Ratio of Retail industry is 143.1. The PE Ratio of Textiles industry is 24.3. In 2024a1#The Market Cap of Remsons Industries Ltd changed from ₹ 80.51 crore on March 2021 to ₹ 111 crore on March 2023 . This represents a CAGR of 11.30% over 3 years. a1#The Revenue of Remsons Industries Ltd changed from ₹ 79.76 crore to ₹ 82.65 crore over 8 quarters. This represents a CAGR of 1.80% a1#The EBITDA of Remsons Industries Ltd changed from ₹ 6.68 crore to ₹ 9.65 crore over 8 quarters. This represents a CAGR of 20.19% a1#The Net Pr of Remsons Industries Ltd changed from ₹ 2.65 crore to ₹ 5.15 crore over 8 quarters. This represents a CAGR of 39.41% a1#The Dividend Payout of Remsons Industries Ltd changed from 24.9 % on March 2019 to 11.04 % on March 2023 . This represents a CAGR of -15.01% over 5 years. a1#

Remsons Industries Limited (RIL) was incorporated in May '71, earlier known as Remsons Cables, and went public in 1986. It was promoted by Vishwa Prakash Harlalka and his family. The Company is engaged in the manufacture of Auto Control Cables and Gear Shift Mechanisms with Push Pull Cables. It is one of the major suppliers to the Automobile Manufacturers like Tata Motors, Hero Honda, Maruti Suzuki, Mahindra & Mahindra, Piaggio, General Motors India, TVS Suzuki etc. RIL manufactures control cables for the automobile and general engineering industries and for two-wheelers. It also makes brake liners and brake shoes, Gear Shifters for automobiles. Manufacturing operations are carried out in Bombay, Daman, Pune and Gurgaon. It has developed its own in-house technology. It introduced friction-free control cables in India. The company's products are exported to US, Europe, the UK, Holland, Egypt, New Zealand and Srilanka. The promoters came out with an open offer for the sale of equity shares at a premium of Rs 40 in May '95 for re-deploying the proceeds to meet the cost of modernisation and expansion. RIL started a new unit at Pardi, Gujarat. Company has initiated measures for ISO 9002 Certification. In 1997-98, it increased the installed capacity of its auto control cables and auto brake shoes to 2,65,00,000 nos and 40,00,000 nos respectively. The company has designed and developed control cables for electric cars and is a supplier to Bangalore based Reva Electric Car Company Private Limited. In 2000-01 the company appointed Mr John Glover as its 'Technical Consultant. During 2001-02 the Components division has launched Gas Guard,a Gas leak detector,which is being accepted well in the market. During 2005-06, three companies namely Daman Auto Industries Limited, Rems Auto Engineers Limited and Remsons Auto Industries Private Limited were amalgamated with the Company w.e.f. April 1, 2005. The Company allotted 10,32,857 equity shares on 4 December, 2006 pursuant to the Scheme of Amalgamation. The New Equity Shares allotted upon the Scheme of Amalgamation got listed with The Bombay Stock Exchange Limited (BSE) and The National Stock Exchange of India Limited (NSE) from November 2007. The Company shifted its two Mumbai Units to Daman in order to consolidate its operations and avail economies of scale by centralizing more units under one roof in 2008. It started a Joint Venture with M/s Orscheln Products LL.C., USA and a Company in the name and style of Orscheln Remsons Technologies Private Limited' was incorporated on January 1, 2008. In 2010-11, a new Unit at Plot No 647/1A (Golden House) started operations from November 2010, modernization & expansion of another Unit at Plot No A2/3 & A2/4 (Diamond House) was also completed and resulting to this, the Unit became operational. The Company opened marketing and technical support office in USA and Europe in 2018-19. Magal Cables Ltd. UK, part of Arlington Group and the Company's first Global Production Unit was acquired in October, 2020. The Company incorporated one more Wholly Owned Subsidiary namely 'Remsons UK Ltd.' on 10 November, 2020. However, the Company transferred and disposed of their entire holding in Remsons UK Ltd., UK on 9 March, 2021; consequently, the said Remsons UK Ltd. ceased to be the wholly owned subsidiary. In 2022, it opened new state-of-the-art facility at Chakan, Pune.