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RACL Geartech Limited RACLGEAR NSE

Consumer Cyclical · Auto Parts · India
https://www.raclgeartech.com

RACL Geartech Limited manufactures and sells automotive components. The company offers pin gear T49; actuator shaft; assy diff, bevel gear FRT; balancer, clutch, output, and input shaft assembly; bearing fixed pin; counter balancer gear and shaft; driven pulley shaft; gear timing drive LH, EGR rear; gear wheel with spiral; journal; primary gear; rider foot peg comp RH; tab Ay driving gear timing drive RH; torque limiter assembly; and wheel gear with I.P. used for 2 wheelers. It also provides gears and shafts for agriculture vehicles and machineries; high pressure pump drive gear, gear assembly-idle, counter shaft and main drive, and drive shaft for commercial vehicles; intermediate shaft, park lock, parking interlock, and ring gear, and planet carrier used for passenger vehicles; and assembly rear axle, eccentric and eccentric housing, gear primary driven, output shaft, pinion gear, rotor shaft, and wheel axle, flange, and shaft for e-mobility purposes. In addition, the company offers anti backlash gear 75T, balance shaft assembly, clutch gear 66T, compressor shaft 17T, drive gear 21T, driving gear 42T, matting gear 57T, primary drive gear 52T, primary gear 46T assy, hollow wheel, and drive shaft assembly used for all-terrain vehicles; electric switch gears, such as drum complete and main shaft; and cluster gear and secondary gear shaft for 3 wheelers. The company serves original equipment manufacturers, including manufacturers of cars, motorcycles, scooters and commercial vehicles, tier-1 suppliers, off-highway vehicles, agricultural machinery manufacturers, and construction equipment manufactures. It operates in India, Austria, Japan, Germany, Switzerland, Italy, Thailand, Vietnam, the United States, Mexico, North America, China, and Sweden. The company was formerly known as Raunaq Automotive Components Limited and changed its name to RACL Geartech Limited in October 2015. RACL Geartech Limited was incorporated in 1983 and is headquartered in Noida, India.

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₹1,320.90
+35.26% 1Y

Market & Price

Market Cap
₹1,559.84 Cr
Current Price
₹1,320.90
High / Low (52W)
₹1,630.19 / ₹833.92
Beta
0.05

Valuation

Stock P/E
31.45
Industry PE
26.67
Forward P/E
-
PEG Ratio
-
Book Value
₹282.80
Price to Book
4.67
P/S
3.18
EV/EBITDA
16.46
Dividend Yield
0.23%

Profitability & Returns

ROCE
21.35%
ROE
16.91%
ROA
6.85%
Profit Margin
9.99%
Op Margin
15.65%
EPS (Latest Qtr)
₹10.61
EPS (TTM)
₹42.00

Balance Sheet & Liquidity

Debt/Equity
0.67
Quick Ratio
0.63
Current Ratio
1.38
Debt
₹235.69 Cr
Total Assets
₹701.49 Cr
Current Assets
₹348.96 Cr
Working Capital
₹95.49 Cr

Ownership

Promoter Holding
56.58%
Chg in Prom Hold
-
FII / Inst Holding
8.49%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹1,759.26 Cr
Total Revenue (TTM)
₹489.94 Cr
EBITDA
₹106.90 Cr
Free Cash Flow
₹-12.15 Cr
Operating Cash Flow
₹91.85 Cr
Shares Outstanding
₹1.18 Cr
Gross Margin
70.71%
Payout Ratio
3.57%

Growth (CAGR)

Revenue 5Y
13.13%
Profit 5Y
9.36%
Revenue (YoY)
50.80%
Earnings (YoY)
75.90%

PROS

  • Healthy ROCE of 21.3%.
  • Compounding revenue at 13.1% over 5 years.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Consumer Cyclical).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 RACLGEAR RACL Geartech Limited NSE 1,320.90 31.45 ₹1,559.84 Cr 0.23% 21.35% 16.91% 13.13% 9.36%
2 MARUTI Maruti Suzuki India Limited NIFTY50NSEAI 13,127.00 28.09 ₹4.13 L Cr 1.07% 17.22% 14.43% 16.60% 21.11%
3 M&M Mahindra & Mahindra Limited NIFTY50NSEAI 3,045.60 20.00 ₹3.66 L Cr 1.08% 17.26% 18.75% 18.44% 18.48%
4 TITAN Titan Company Limited NIFTY50NSE 4,074.90 71.43 ₹3.61 L Cr 0.27% 38.43% 37.13% 23.83% 16.00%
5 ETERNAL Eternal Limited NSEAITECH 250.58 626.45 ₹2.30 L Cr - 2.87% 1.19% 97.70% 45.90%
6 EICHERMOT Eicher Motors Limited NIFTY50NSEAI 7,177.00 35.71 ₹1.97 L Cr 0.98% 26.43% 23.77% 17.47% 23.70%
7 TVSMOTOR TVS Motor Company Limited NSE 3,355.70 52.91 ₹1.59 L Cr 0.36% 28.86% 31.62% 26.91% 31.46%
8 HYUNDAI HYUNDAI MOTOR INDIA LTD NSE 1,924.00 28.82 ₹1.56 L Cr 1.09% 32.62% 29.92% 5.50% 4.87%
9 MOTHERSON Samvardhana Motherson International Limited NSEAI 145.74 39.82 ₹1.53 L Cr 0.41% 11.82% 10.11% 17.10% 37.17%
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Quarterly Results

Figures in INR.

Metric Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue --87.29 Cr100.65 Cr120.31 Cr137.32 Cr131.66 Cr
Cost of Revenue --15.79 Cr27.75 Cr35.30 Cr37.64 Cr43.81 Cr
Gross Profit --71.50 Cr72.90 Cr85.01 Cr99.68 Cr87.85 Cr
Operating Expenses --60.18 Cr62.15 Cr69.92 Cr76.86 Cr67.24 Cr
Operating Income --11.32 Cr10.75 Cr15.09 Cr22.82 Cr20.61 Cr
EBITDA -24.16 Cr24.15 Cr26.87 Cr29.93 Cr-34.08 Cr
Interest Expense --7.44 Cr7.53 Cr5.46 Cr5.30 Cr8.51 Cr
Pretax Income --8.83 Cr11.27 Cr16.16 Cr21.37 Cr16.91 Cr
Tax Provision --2.33 Cr3.01 Cr4.13 Cr5.08 Cr4.56 Cr
Net Income --6.50 Cr8.26 Cr12.05 Cr16.29 Cr12.35 Cr
Diluted EPS --6.037.0110.4814.1710.61

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue -338.38 Cr385.47 Cr415.07 Cr489.94 Cr
Cost of Revenue -183.59 Cr209.83 Cr120.51 Cr143.50 Cr
Gross Profit -154.79 Cr175.64 Cr294.56 Cr346.44 Cr
Operating Expenses -90.60 Cr104.31 Cr239.48 Cr273.06 Cr
Operating Income -64.19 Cr71.33 Cr55.08 Cr73.38 Cr
EBITDA -84.46 Cr99.31 Cr94.94 Cr129.16 Cr
Interest Expense -14.34 Cr21.32 Cr32.21 Cr29.91 Cr
Pretax Income -51.42 Cr53.44 Cr32.80 Cr65.73 Cr
Tax Provision -13.99 Cr14.04 Cr9.02 Cr16.78 Cr
Net Income -37.43 Cr39.40 Cr23.77 Cr48.95 Cr
Diluted EPS 22.1734.7236.5422.05-

Compounded Sales Growth

5 Years:13.13%
1 Year:50.80%

Compounded Profit Growth

5 Years:9.36%
1 Year:75.90%

Stock Price Performance

1 Year:+35.26%
6 Months:+22.78%
3 Months:-11.69%
1 Month:+3.89%

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -444.24 Cr579.65 Cr637.11 Cr701.49 Cr
Current Assets -198.02 Cr265.02 Cr303.85 Cr348.96 Cr
Cash & Equivalents -2.59 Cr9.20 L68.45 L6.43 Cr
Inventory -95.30 Cr126.71 Cr153.29 Cr147.42 Cr
Receivables -84.49 Cr107.23 Cr125.18 Cr145.99 Cr
Total Liabilities -276.76 Cr374.83 Cr410.51 Cr349.12 Cr
Current Liabilities -173.74 Cr243.05 Cr290.84 Cr253.47 Cr
Long Term Debt -85.48 Cr105.23 Cr85.10 Cr59.63 Cr
Total Debt -203.38 Cr288.68 Cr313.51 Cr235.69 Cr
Total Equity -167.48 Cr204.82 Cr226.60 Cr352.37 Cr
Shares Outstanding -1.08 Cr1.08 Cr1.08 Cr1.18 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow -60.00 Cr35.29 Cr56.30 Cr91.85 Cr
Investing Cash Flow --75.78 Cr-92.58 Cr-45.97 Cr-52.58 Cr
Financing Cash Flow -17.73 Cr56.11 Cr-9.73 Cr-33.52 Cr
Capital Expenditure --77.78 Cr-95.83 Cr-47.83 Cr-53.14 Cr
Free Cash Flow --17.78 Cr-60.53 Cr8.47 Cr38.71 Cr
Net Change in Cash -1.95 Cr-1.17 Cr60.00 L5.75 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -45.7%45.6%71.0%70.7%
Operating Margin % -19.0%18.5%13.3%15.0%
Net Margin % -11.1%10.2%5.7%10.0%
ROE % -22.3%19.2%10.5%13.9%
ROCE % -23.7%21.2%15.9%16.4%

Shareholding Pattern

Insiders
56.58%
Institutions
8.49%
Public Float
19.55%

Analyst View

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