Revathi Equipment India Ltd
NSE: RVTH BSE: 544246
Incorporated in 2020, Revathi Equipment India Ltd designs and manufactures drilling rigs (drilling equipment)[1]
₹645
52W: ₹486 — ₹1300
PE 23 · Book ₹414 · +56% vs bookMarket Cap₹198 Cr
Stock P/E23Price to Earnings
ROCE25.7%Return on Capital
ROE17.4%Return on Equity
Div. Yield0%Face Value ₹10
Strengths
- +Debtor days have improved from 76.3 to 51.4 days.
- +Company's working capital requirements have reduced from 49.3 days to 15.6 days
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Earnings include an other income of Rs.15.3 Cr.
- −Company's cost of borrowing seems high
Shareholding Pattern
Promoters63.9%
FIIs0%
DIIs0%
Public36.09%
| Category | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Promoters | 63.84% | 63.84% | 63.84% | 63.84% | 63.9%▲0.1 | 63.9% | 63.9% |
| FIIs | 0.06% | 0.04%▼0.0 | 0.04% | 0%▼0.0 | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 36.1% | 36.11%▲0.0 | 36.11% | 36.15%▲0.0 | 36.1%▼0.0 | 36.09%▼0.0 | 36.09% |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 29.45 | 55.75 | 107.67 | 52.03 | 19.71 | 42.3 | 64.5 | 22.24 | 22.26 | 30.79 |
| Expenses | 25.92 | 44.42 | 86.04 | 43.34 | 18.08 | 37.85 | 50.13 | 22.13 | 23.35 | 31.22 |
| Operating Profit | 3.53 | 11.33 | 21.63 | 8.69 | 1.63 | 4.45 | 14.37 | 0.11 | -1.09 | -0.43 |
| OPM % | 11.99% | 20.32% | 20.09% | 16.7% | 8.27% | 10.52% | 22.28% | 0.49% | -4.9% | -1.4% |
| Net Profit | 3.95 | 8.33 | 17.41 | 7.94 | 2.7 | 0.2 | 9.34 | 0.63 | 0.32 | -1.68 |
| EPS ₹ | 0 | 0 | 0 | 25.89 | 8.8 | 0.65 | 30.45 | 2.05 | 1.04 | -5.48 |
AI Insights
Revenue Trend
TTM revenue at ₹140Cr, down 21.8% YoY. OPM at 9%.
Debt Position
Borrowings at ₹53Cr. Debt-to-equity ratio: 0.43x. Healthy balance sheet.
Institutional Flow
DIIs: 0% (+0.00pp change). FIIs: 0% (-0.06pp change). Promoters hold 63.9%.
Margin & Efficiency
ROCE improving from 0% (Mar 2021) to 26% (Mar 2025). Working capital days: 16.
Valuation
PE 23x with 25.7% ROCE. Price is 56% above book value of ₹414. Dividend yield: 0%.
Recent Announcements
- Board Meeting Intimation for A. To Consider And Approve The Standalone And Consolidated Audited Financial Results Of The Company B. To Consider The Recommendation Of Dividend To The Equity Shareholders Of The Company For The Financial Year 2025-26. 2d - Board meeting on 22 May 2026 to approve FY26 audited results and consider dividend.
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 28 Apr - Company confirms it is not a large corporate; outstanding long-term borrowing was below Rs100 crore.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 28 Apr - Revathi Equipment says it is not a Large Corporate; borrowing nil as of 31 March 2026.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Copy of certificate from RTA received as per Regulation 74(5) SEBI (Depositories and Participants) Regulations 2018 is enclosed herewith.
- Closure of Trading Window 25 Mar
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2024 from nse