Remsons Industries Limited Share Price and Company Fundamentals
Last traded: Last Friday at 9:59 AM
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.
Key Metrics
PE ratio
23.06
PB ratio
3.58
Dividend yield
0.46%
Beta
1.00
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Auto Parts / Consumer Cyclical |
|---|---|
| Website | https://www.remsons.com |
| Mailing address | 401, Gladdiola 4th Floor Near Tilak School, Hanuman Road Vile Parle (East) Mumbai 400057 India |
| Phone / Fax | 91 22 2612 2368 / 91 22 2868 2487 |
Dividends
Dividend yield
0.46%
Dividend amount
₹1.00
Payout ratio
10.65%
Remsons Industries Limited paid ₹1.00 dividend and the ex-dividend date was 21 Sept 2021.The dividend payout ratio is 10.65%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.REMSONSIND dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
REMSONSIND's forward dividend amount is ₹1 and the forward dividend yield is 0.46%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Jul 2022, following are the company executives and directors listed on Remsons Industries Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Krishna Kejriwal | Chairman & MD | 69 | |
| Mr. Amit Srivastava | Chief Exec. Officer | ||
| Mr. Rahul Krishna Kejriwal | Whole-Time Director & CFO | 42 | |
| Mr. Rohit Darji | Company Sec. & Compliance Officer | ||
| Ms. Chand Krishna Kejriwal | Whole Time Director | 65 | |
| Mr. John Glover | Director of Engineering - Europe | ||
| Mr. Ashok Goyal | Exec. Officer |
Profitability and management effectiveness
Profit margin
1.87%
Operating margin
4.29%
Return on assets
4.52%
Return on equity
16.69%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Remsons Industries Limited is and its enterprise value is .
The REMSONSIND's stocks Beta value is 1.00 making it 0% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Remsons Industries Limited (NSE:REMSONSIND) Frequently Asked Questions
1. What is Remsons Industries Limited's Stock Symbol?
Remsons Industries Limited trades on NSE under the ticker symbol "REMSONSIND".
2. What is Remsons Industries Limited's stock price today?
One share of REMSONSIND stock can currently be purchased for approximately ₹217.15.
3. How can I contact Remsons Industries Limited?
Remsons Industries Limited's mailing address is 401, Gladdiola 4th Floor Near Tilak School, Hanuman Road Vile Parle (East) Mumbai 400057 India. The company can be reached via phone at 91 22 2612 2368.
4. What is Remsons Industries Limited's official website?
The official website of Remsons Industries Limited is https://www.remsons.com.