Ridings Consulting Engineers India Limited provides geospatial services, solutions, and related consultancy in India and internationally.
+ 1 more risk
Adequate balance sheet and slightly overvalued.
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.
7 Day Return
IN Professional Services
1 Year Return
IN Professional Services
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.
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
Is Ridings Consulting Engineers India undervalued compared to its fair value and its price relative to the market?
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).
How is Ridings Consulting Engineers India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine Ridings Consulting Engineers India's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Ridings Consulting Engineers India competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Commercial Services industry.
How has Ridings Consulting Engineers India performed over the past 5 years?
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.
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.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Praveen Baveja (59yo)
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 ...
|Chairman & CEO||2.33yrs||no data||3.36% ₹5.2m|
|Chief Financial Officer||2.33yrs||no data||2.33% ₹3.6m|
|Company Secretary & Compliance Officer||2.33yrs||no data||no data|
Experienced Management: 541151's management team is considered experienced (2.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ridings Consulting Engineers India Limited's company bio, employee growth, exchange listings and data sources
- 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
- Ridings Consulting Engineers India Limited
- Ganga Shopping Complex
- Second Floor
- Uttar Pradesh
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|541151||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Mar 2018|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 13:14|
|End of Day Share Price||2020/03/16 00:00|
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.