| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | 197.31 | 312.01 | 375 | 431 |
| Cost of Material Consumed | 75.65 | 124.04 | 155 | 175 |
| Change in Inventory | -9.75 | 0.56 | 2 | -1 |
| Gross Margins | 61.66 | 60.24 | 58.67 | 59.4 |
| Employee Benefit Expenses | 25.58 | 28.26 | 31 | 35 |
| Other Expenses | 71.89 | 108.18 | 125 | 137 |
| EBITDA | 33.94 | 50.97 | 62 | 85 |
| OPM | 17.2 | 16.34 | 16.53 | 19.72 |
| Other Income | 6.37 | 11.93 | 0 | -3 |
| Finance Cost | 0.87 | 0.53 | 0 | 7 |
| D&A | 10.86 | 10.76 | 10 | 10 |
| EBIT | 23.08 | 40.21 | 52 | 75 |
| EBIT Margins | 11.7 | 12.89 | 13.87 | 17.4 |
| PBT | 28.57 | 51.58 | 52 | 66 |
| PBT Margins | 14.48 | 16.53 | 13.87 | 15.31 |
| Tax | 6.05 | 12.85 | 13 | 15 |
| PAT | 22.52 | 38.73 | 39 | 51 |
| NPM | 11.41 | 12.41 | 10.4 | 11.83 |
| EPS | 29.06 | 49.97 | 50.32 | 65.81 |
| Financial Ratios | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Operating Profit Margin | 17.2 | 16.34 | 16.53 | 19.72 |
| Net Profit Margin | 11.41 | 12.41 | 10.4 | 11.83 |
| Earning Per Share (Diluted) | 29.06 | 49.97 | 50.32 | 65.81 |
| Assets | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Fixed Assets | 80.35 | 69.25 | 88 | 88 |
| CWIP | 0.02 | 7.56 | 2 | 1.4 |
| Investments | 13.09 | 22.66 | 39 | 682 |
| Trade Receivables | 35.09 | 47.02 | 68 | 78 |
| Inventory | 49.17 | 51.58 | 50 | 52 |
| Other Assets | 63.09 | 14.63 | 14 | 19.6 |
| Total Assets | 240.81 | 212.7 | 261 | 921 |
| Liabilities | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Share Capital | 7.75 | 7.75 | 7.75 | 7.75 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 147.23 | 114.66 | 154 | 204 |
| Borrowings | 10.59 | 9.11 | 7 | 602 |
| Trade Payables | 53.66 | 63.94 | 74 | 91 |
| Other Liabilities | 21.58 | 17.24 | 18.25 | 16.25 |
| Total Liabilities | 240.81 | 212.7 | 261 | 921 |
| Cash-Flow Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| PBT | 28.57 | 51.58 | 55 | 80 |
| OPBWC | 36.98 | 56.72 | 64 | 86 |
| Change in Receivables | 0.4 | -7.47 | -18 | -14 |
| Change in Inventories | -16.12 | -2.41 | 1 | -2 |
| Change in Payables | 19.3 | 4.95 | 11 | 17 |
| Other Changes | 1.43 | -0.13 | 0 | -15 |
| Working Capital Change | 5.01 | -5.06 | -6 | -14 |
| Cash Generated From Operations | 41.99 | 51.66 | 58 | 72 |
| Tax | -7.52 | -12.78 | -17 | -18 |
| Cash Flow From Operations | 34.47 | 38.88 | 41 | 54 |
| Purchase of PPE | -3.18 | -13.65 | -20 | -10 |
| Sale of PPE | 1.03 | 8.47 | 0 | 1.5 |
| Cash Flow From Investment | -33.98 | 38.05 | -35 | -645 |
| Borrowing | -1.92 | -1.73 | -2 | 595 |
| Dividend | 0 | -72.13 | 0 | 0 |
| Equity | 0 | 0 | 0 | 0 |
| Others From Financing | -0.87 | -0.03 | 0 | -5 |
| Cash Flow from Financing | -2.79 | -73.89 | -2 | 590 |
| Net Cash Generated | -2.3 | 3.04 | 4 | -1 |
| Cash at the Start | 4.02 | 1.71 | 5 | 8 |
| Cash at the End | 1.72 | 4.75 | 9 | 7 |
Ring Plus Aqua Limited, a subsidiary of the Raymond Group, is a specialized engineering and automotive component manufacturer known for producing high-precision ring gears, flexplates, water pump bearings, and automotive transmission components. With over four decades of expertise, the company serves major OEMs across India, North America, Europe, and Asia. Its strong engineering capabilities, modern manufacturing infrastructure, and adherence to strict global quality standards have earned it a trusted position in the automotive supply chain. Ring Plus Aqua is also recognized for its export-driven business model, contributing significantly to India’s growing footprint in global auto components manufacturing.
The company operates advanced facilities equipped with CNC machines, heat treatment plants, and automated production lines designed to deliver precision-driven components. Its portfolio caters to automotive segments such as passenger vehicles, commercial vehicles, tractors, and off-highway machinery. Ring Plus Aqua’s products are used in critical applications where durability and performance are essential, giving the company a strong competitive edge. Backed by the Raymond Group’s business network and financial discipline, the company benefits from long-term client relationships with top-tier OEMs and Tier-1 suppliers. Increasing demand for high-quality drivetrain components and India’s push toward becoming a global auto-manufacturing hub further strengthen the company’s growth prospects.
Ring Plus Aqua Limited’s unlisted shares attract investors who seek exposure to India’s automotive components sector, which continues to grow steadily despite short-term cyclical fluctuations. The company’s strong export orientation, diversified product range, and high-precision manufacturing capabilities make it a fundamentally robust player in the industry. As global OEMs expand sourcing from India and domestic demand rebounds, the company is well-positioned to benefit from long-term industry tailwinds. However, investors should consider risks such as raw material price volatility, automotive sector cyclicality, and limited liquidity of unlisted shares. Overall, Ring Plus Aqua presents a solid value proposition for long-term investors focused on stable, engineering-led manufacturing businesses.
Q:1 How do I initiate the process to buy Ring Plus Aqua Limited Unlisted Shares?Answer: You can start the process by confirming your booking of Ring Plus Aqua Limited Unlisted Shares with us at the trading price.
Q:2 What documents do I need to provide to buy these shares?Answer: You need to provide your client master report, PAN Card, and a Cancelled Cheque if you are not transferring funds from the bank account specified in your CMR Copy.These documents are required as per SEBI regulations.
Q:3 How will I receive the bank details for the payment?
Answer: We will provide you with the necessary bank details for transferring funds after you confirm your booking.
Q:4 What payment methods are accepted for purchasing the shares?Answer: Payments must be made via RTGS, NEFT, IMPS, or cheque transfer.Please note that cash deposits are not permitted.
Q:5 Can I make the payment from any bank account?
Answer: No, the payment must be made from the same bank account where the shares will be credited.
Q:6 What happens if I don't have a client master report?
Answer: If you do not have a client master report, you can request it from your broker.
Q:7 Is there a specific time frame for making the payment?
Answer: It is advisable to make the payment promptly after confirming your booking to ensure a smooth transaction.
Q:8 Are there any additional fees I should be aware of when buying unlisted shares?Answer: Please check with us for any additional fees or charges that may apply during the transaction process.