---
title: "Remi Elecktrotechnik Ltd (512487) — Share Price, Financials & Analysis"
symbol: "512487"
company: "Remi Elecktrotechnik Ltd"
canonical: "https://tapetide.com/stocks/512487"
isin: "INE512H01011"
bse_code: "512487"
generated_at: "2026-10-13T10:58:45.986Z"
---

# Remi Elecktrotechnik Ltd (512487)

Canonical page: https://tapetide.com/stocks/512487

## Company

- **BSE Code:** 512487
- **ISIN:** INE512H01011
- **Stock Type:** EQUITY
- **Listed Since:** 2006-06-15
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** remigroup.com

## About

Remi Elecktrotechnik is engaged in the business of manufacturing of Electrical Motors, Laboratory Equipments, Renewable Energy and Property Development.(Source : 201903 Annual Report Page No:46)

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.06 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -1.78% over past five years.
- Company has a low return on equity of 6.62% over last 3 years.
- Contingent liabilities of Rs.4.21 Cr.
- Earnings include an other income of Rs.4.67 Cr.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 37% | 472% | -7% |
| revenue growth | -12% | 0% | -2% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 35.6 | 24.02 | 27.15 | 26.55 | 30.6 | 25.57 | 29.01 | 25.79 | 24.7 | 10.97 | 29.33 | 32.67 |
| Expenses | 31.86 | 21.27 | 24.64 | 24.75 | 27.98 | 22.93 | 26.82 | 23.55 | 23.05 | 10.88 | 26.02 | 30.03 |
| Operating Profit | 3.74 | 2.75 | 2.51 | 1.8 | 2.62 | 2.64 | 2.19 | 2.24 | 1.65 | 0.09 | 3.31 | 2.64 |
| OPM % | 10.51 | 11.45 | 9.24 | 6.78 | 8.56 | 10.32 | 7.55 | 8.69 | 6.68 | 0.82 | 11.29 | 8.08 |
| Other Income | 0.75 | 0.12 | 2.21 | 1.06 | 0.09 | 0.09 | 0.14 | 0.39 | 1.44 | 0.16 | 2.91 | 0.16 |
| Interest | 0.5 | 0.22 | 0.17 | 0.1 | 0.07 | 0.04 | 0.05 | 0.06 | 0.09 | 0.03 | 0.03 | 0.02 |
| Depreciation | 0.62 | 0.63 | 0.62 | 0.61 | 0.67 | 0.64 | 0.62 | 0.62 | 0.58 | 0.6 | 0.61 | 0.6 |
| Profit before tax | 3.37 | 2.02 | 3.93 | 2.15 | 1.97 | 2.05 | 1.66 | 1.95 | 2.42 | -0.38 | 5.58 | 2.18 |
| Tax % | 22.26 | 28.71 | 21.12 | 9.77 | 38.07 | 30.24 | 12.65 | 28.72 | 20.25 | -5.26 | 22.58 | 25.23 |
| Net Profit | 2.61 | 1.44 | 3.1 | 1.95 | 1.21 | 1.44 | 1.45 | 1.38 | 1.93 | -0.36 | 4.32 | 1.62 |
| EPS in Rs | 5.36 | 2.96 | 6.37 | 4.01 | 2.49 | 2.96 | 2.98 | 2.84 | 3.97 | -0.74 | 8.88 | 3.33 |

### Profit & Loss

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

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 65.79 | 105.11 | 85.61 | 114.96 | 100.01 | 105.65 | 103.99 | 110.07 | 105.06 | 97.67 |
| Expenses | 57.74 | 92.95 | 75.6 | 97.86 | 88.5 | 101.67 | 144.94 | 99.97 | 97.14 | 89.98 |
| Operating Profit | 8.05 | 12.16 | 10.01 | 17.1 | 11.51 | 3.98 | -40.95 | 10.1 | 7.92 | 7.69 |
| OPM % | 12.24 | 11.57 | 11.69 | 14.87 | 11.51 | 3.77 | -39.38 | 9.18 | 7.54 | 7.87 |
| Other Income | 0.15 | 0.19 | 1.14 | 1.07 | 0.2 | 2.38 | 51.37 | 3.06 | 2.86 | 4.67 |
| Interest | 3.45 | 2.97 | 3.3 | 4.39 | 3.39 | 3.33 | 1.54 | 0.56 | 0.23 | 0.17 |
| Depreciation | 0.98 | 1.04 | 1.32 | 1.84 | 1.94 | 1.89 | 1.9 | 2.52 | 2.46 | 2.39 |
| Profit before tax | 3.77 | 8.34 | 6.53 | 11.94 | 6.38 | 1.14 | 6.98 | 10.08 | 8.09 | 9.8 |
| Tax % | 32.89 | 32.61 | 32.62 | 33.75 | 33.54 | 37.72 | 25.93 | 23.61 | 23.24 | — |
| Net Profit | 2.53 | 5.62 | 4.4 | 7.91 | 4.24 | 0.71 | 5.17 | 7.7 | 6.21 | 7.51 |
| EPS in Rs | 5.2 | 11.55 | 9.04 | 16.26 | 8.72 | 1.46 | 10.63 | 15.83 | 12.76 | 15.44 |
| Dividend Payout % | 0 | 0 | 0 | 6.16 | 57.43 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 |
| Reserves | 52.47 | 55.01 | 60.63 | 65.03 | 72.09 | 73.41 | 74.08 | 79.29 | 86.9 | 92.78 |
| Borrowings | 23.77 | 28.39 | 33.19 | 33.92 | 27.61 | 35.45 | 17.87 | 18.55 | 4.81 | 4.98 |
| Other Liabilities | 14.74 | 25.68 | 16.83 | 21.15 | 24.72 | 23.41 | 31.84 | 25.11 | 25.02 | 27.5 |
| Total Liabilities | 95.85 | 113.95 | 115.52 | 124.97 | 129.29 | 137.14 | 128.66 | 127.82 | 121.6 | 130.13 |
| Fixed Assets | 15.38 | 15.95 | 15.32 | 23.14 | 21.92 | 20.43 | 21.42 | 69.87 | 62.17 | 58.86 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.18 | 0.14 | 0.13 | 6.16 |
| Other Assets | 80.42 | 97.96 | 100.16 | 101.79 | 107.33 | 116.67 | 107.06 | 57.81 | 59.3 | 65.11 |
| Total Assets | 95.85 | 113.95 | 115.52 | 124.97 | 129.29 | 137.14 | 128.66 | 127.82 | 121.6 | 130.13 |

### Cash Flow

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

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -8.12 | 0.19 | 9.37 | 2.27 | 9.12 | -1.81 | 24.01 | 49.43 | 8.11 | 6.17 |
| Cash from Investing Activity | -1.19 | -1.39 | -0.26 | -8.92 | -0.73 | -0.31 | -2.76 | -48.19 | 6.91 | -3.18 |
| Cash from Financing Activity | 9.41 | 1.19 | 1.88 | -1.64 | -10.59 | 1.59 | -20.87 | -0.98 | -14.18 | 0.05 |
| Net Cash Flow | 0.1 | -0.01 | 10.99 | -8.29 | -2.2 | -0.53 | 0.39 | 0.26 | 0.85 | 3.04 |
| Free Cash Flow | -9.42 | -1.38 | 8.96 | -6.85 | 8.13 | -2.25 | 22.25 | 48.3 | 6.72 | 5.48 |
| CFO/OP | -100 | 16 | 100 | 40 | 76 | 3 | 606 | -125 | 104 | 104 |

### Ratios

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 96.03 | 99.25 | 74.56 | 111.24 | 71.63 | 107.15 | 107.69 | 134.96 | 119.28 | 111.42 |
| Inventory Days | — | 856.85 | 349.1 | 468.44 | 385.99 | 467.42 | 366.44 | 46.25 | 94.79 | 139.64 |
| Days Payable | — | 91.37 | 44.17 | 62.84 | 47.42 | 52.6 | 55.77 | 26.78 | 35.72 | 50.69 |
| Cash Conversion Cycle | 96.03 | 864.74 | 379.48 | 516.83 | 410.2 | 521.98 | 418.35 | 154.42 | 178.35 | 200.36 |
| Working Capital Days | 339.5 | 468.19 | 253.84 | 347.95 | 272.89 | 353.32 | 266.12 | 126.11 | 120.67 | 128.48 |
| ROCE % | 11.01 | 8.56 | 12.1 | 9.71 | 15.59 | 8.95 | 3.21 | 8.55 | 9.34 | 7.55 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 71.35% | 71.35% | 71.35% | 71.35% | 99.65% |
| Public | 28.65% | 28.65% | 28.65% | 28.65% | 0.35% |
| No. of Shareholders | 133 | 132 | 132 | 132 | 126 |

### Quarterly

| Category | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 71.35% | 71.35% | 71.35% | 71.35% | 71.35% | 71.35% | 71.35% | 71.35% | 71.35% | 74.85% | 74.85% | 99.65% |
| Public | 28.65% | 28.65% | 28.65% | 28.65% | 28.65% | 28.65% | 28.65% | 28.65% | 28.65% | 25.15% | 25.15% | 0.35% |
| No. of Shareholders | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 135 | 135 | 126 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 5 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 633.94 | Sell |
| EMA (10) | 628.74 | Sell |
| SMA (20) | 658.55 | Sell |
| EMA (20) | 649.52 | Sell |
| SMA (50) | 695.1 | Sell |
| EMA (50) | 682.33 | Sell |
| SMA (100) | 723.69 | Sell |
| EMA (100) | 700.2 | Sell |
| SMA (200) | 707.68 | Sell |
| EMA (200) | 699.07 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 34.07 | Neutral |
| MACD (12,26,9) | -24.67 | Sell |
| Stochastic (14,3,3) | 16.14 | Buy |
| ADX (14) | 27 | Buy |
| Williams %R (14) | -74.33 | Neutral |
| ATR (14) | 24.24 | High Volatility |
| ROC (12) | -11.66 | Sell |
| Stoch RSI (14) | 42.08 | Neutral |
| UO (7,14,28) | 40.54 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-04 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4ce4ed0a-922c-4c14-93e2-50cd1da8c3c7.pdf) |
| 2026-02-03 | [Statement Of Standalone And Consolidated Unaudited Financial Results Of The Company For The Quarter And Nine Months Ended On 31St December, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/32a0a640-5e6d-4d5a-b37d-97f155abb327.pdf) |
| 2026-02-03 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7013d908-c3f3-4be9-b499-6d7e71ed2cc9.pdf) |
| 2026-02-03 | [Intimation Under Regulation 30 (5) Of The SEBI (LODR) Regulations, 2015.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d4c38362-8d18-47b7-b89b-a84af9275ca1.pdf) |
| 2026-01-30 | [Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot](https://www.bseindia.com/xml-data/corpfiling/AttachHis/59198a80-a28e-467c-8380-e06f14f08b97.pdf) |
| 2021-04-16 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4c5a7845-eb24-4be2-80b7-26863c22d077.pdf) |
| 2021-04-16 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4c5a7845-eb24-4be2-80b7-26863c22d077.pdf) |
| 2021-04-12 | [Compliance Certificate For The Half Year Ended 31St March, 2021](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=833cd2c1-9f66-42e4-b5e3-4360c78fc131.pdf) |
| 2021-04-12 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e44ef5fa-5a8e-40a8-8a44-27e8410b5fd2.pdf) |
| 2021-04-12 | [Compliance Certificate For The Half Year Ended 31St March, 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/833cd2c1-9f66-42e4-b5e3-4360c78fc131.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/759b1705-913b-4350-b4f0-38d4b13aae36.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1f0d8660-e283-4a3c-a5c2-2c3c870b62b1.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7e0e2fa5-81da-4dd9-9094-174361589f3a.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/500343/73768500343.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/500343/69126500343.pdf) |
| Mar 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/500343/5003430320.pdf) |
| 2020 | [Annual Report 2020](https://www.bseindia.com/bseplus/AnnualReport/512487/65760512487.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/500343/5003430319.pdf) |
| Mar 2019 | [Annual Report 2019](https://www.bseindia.com/bseplus/AnnualReport/512487/5124870319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/500343/5003430318.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2018-02-16 | Credit rating update — CRISIL |

---

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 2026-10-13T10:58:45.986Z.