BSE:541151

Stock Analysis Report

Ridings Consulting Engineers India

Executive Summary

Ridings Consulting Engineers India Limited provides geospatial services, solutions, and related consultancy in India and internationally.


Snowflake Analysis

Adequate balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has Ridings Consulting Engineers India's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 541151's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

541151

1.8%

IN Professional Services

1.4%

IN Market


1 Year Return

-38.0%

541151

-35.3%

IN Professional Services

-30.7%

IN Market

Return vs Industry: 541151 matched the Indian Professional Services industry which returned -37.2% over the past year.

Return vs Market: 541151 underperformed the Indian Market which returned -29.6% over the past year.


Shareholder returns

541151IndustryMarket
7 Day0%1.8%1.4%
30 Day1.2%-32.7%-24.8%
90 Day-18.7%-30.8%-30.6%
1 Year-38.0%-38.0%-34.5%-35.3%-29.3%-30.7%
3 Yearn/a-11.6%-12.8%-18.1%-22.6%
5 Yearn/a-50.1%-50.5%-7.2%-12.2%

Price Volatility Vs. Market

How volatile is Ridings Consulting Engineers India's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Ridings Consulting Engineers India undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 541151 (₹12.4) is trading below our estimate of fair value (₹42.86)

Significantly Below Fair Value: 541151 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 541151 is unprofitable, so we can't compare its PE Ratio to the Professional Services industry average.

PE vs Market: 541151 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 541151's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 541151 is overvalued based on its PB Ratio (3x) compared to the IN Professional Services industry average (0.7x).


Next Steps

Future Growth

How is Ridings Consulting Engineers India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.0%

Forecasted Commercial Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ridings Consulting Engineers India has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Ridings Consulting Engineers India performed over the past 5 years?

-64.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 541151 is currently unprofitable.

Growing Profit Margin: 541151 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 541151 is unprofitable, and losses have increased over the past 5 years at a rate of -64.4% per year.

Accelerating Growth: Unable to compare 541151's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 541151 is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (6.1%).


Return on Equity

High ROE: 541151 has a negative Return on Equity (-224.64%), as it is currently unprofitable.


Next Steps

Financial Health

How is Ridings Consulting Engineers India's financial position?


Financial Position Analysis

Short Term Liabilities: 541151's short term assets (₹160.3M) exceed its short term liabilities (₹152.1M).

Long Term Liabilities: 541151's short term assets (₹160.3M) exceed its long term liabilities (₹6.3M).


Debt to Equity History and Analysis

Debt Level: 541151's debt to equity ratio (173.9%) is considered high.

Reducing Debt: 541151's debt to equity ratio has increased from 95.1% to 173.9% over the past 5 years.


Balance Sheet

Inventory Level: 541151 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 541151's debt is covered by short term assets (assets are 1.8x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 541151 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 541151 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -10% per year.


Next Steps

Dividend

What is Ridings Consulting Engineers India's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 541151's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 541151's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 541151's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 541151's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 541151's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Praveen Baveja (59yo)

2.33s

Tenure

Mr. Praveen Kumar Baveja serves as Chairman and Chief Executive Officer at Ridings Consulting Engineers India Limited and has been its Whole Time Director since January 07, 2014. He holds a degree of Maste ...


Leadership Team

NamePositionTenureCompensationOwnership
Praveen Baveja
Chairman & CEO2.33yrsno data3.36% 5.2m
Sudhir Baveja
Chief Financial Officer2.33yrsno data2.33% 3.6m
Abhishek Bhargav
Company Secretary & Compliance Officer2.33yrsno datano data

2.3yrs

Average Tenure

55yo

Average Age

Experienced Management: 541151's management team is considered experienced (2.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Ridings Consulting Engineers India Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ridings Consulting Engineers India Limited
  • Ticker: 541151
  • Exchange: BSE
  • Founded: 1995
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Market Cap: ₹154.256m
  • Shares outstanding: 12.44m
  • Website: https://www.ridingsindia.com

Number of Employees


Location

  • Ridings Consulting Engineers India Limited
  • Ganga Shopping Complex
  • Second Floor
  • Noida
  • Uttar Pradesh
  • 201303
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
541151BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2018

Biography

Ridings Consulting Engineers India Limited provides geospatial services, solutions, and related consultancy in India and internationally. Its services include sub surface utility engineering survey/ground-penetrating radar survey; surveying/mapping and geo-spatial data generation; aerial triangulation, planimetric data collection, DEM and contour generation, mosaicing and orthophoto production, 3D topographic collection, contour and spot height extraction; LIDAR/3D geospatial data generation/processing; remote sensing; and G.I.S application development. The company was founded in 1995 and is based in Noida, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/01 13:14
End of Day Share Price2020/03/16 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.