REXNORD ELECTRONICS & CONTROLS LTD - TOWERING GROWTH

Today I am expressing my view on one Industrial machinery stock.

REXNORD ELECTRONICS & CONTROLS LTD.

Established in 1988, Rexnord Electronics and Controls Ltd. has evolved into one of the India’s premier manufacturer’s of high quality Compact Cooling Fans and Single Phase Shaded Pole Motors.

The firm’s success can be attributes to the continuous development and testing of products, investment not only in plant and machinery but also in employees at all levels and concentration on niche markets.

For over two decades Rexnord has worked in close contact with engineers from around the world, understanding their needs and designing equipments to satisfy all their requirements.

 Rexnord have the latest techniques and machineries to meet high production standards combined with a team of highly qualified and experienced professionals who are constantly striving for high quality products and service.

Passionately involved in R&D, Rexnord aim at constantly improving our products by taking advantage of the latest development methods and state of the art technology.

Rexnord believe in high quality, cost effective and reliable cooling solutions designed for an extensive range of applications, including IT and Telecom, Ventilation, Refrigeration and Equipment Cooling which are renowned internationally.

Over the years the company has developed an enviable reputation for quality and reliability. This is due to the company philosophy that all products are tested during the manufacturing stage to ensure customer delight.

In order to keep pace with developments in air movement technology, all fan selections are designed using the latest CAD/Cam technology to produce high quality & precision engineering. This enables Rexnord to tailor specifications to suit your individual requirements and process projects quickly, efficiently and cost effectively every time.

Following are the major products.

Ac Axial Fan (Plastic Blade) :

These are also referred to as compact fans, equipment fans and electronic cooling fans. Small general purpose fans in industry standard frame housings. 

EC Motor :

ECM Series motor, is next generation motor, built with electronically commutating technology. It is a high efficient energy – saving product. The efficiency rate is more than 60%, which is three times more efficient compared to a shaded pole motor. 

Large Axial Fans :

The Large Axial Fans (External Rotor Motors) with features of Compact Structure, Stable Running, Low Noise, Big Air Flow, Convenient Installation, High Stability and Efficiency, 

In addition to this company manufactures lot many fans exhaust fans,DC brushless fans etc.

Company shares are trading in BSE. Promoter holding in the company is 61%.

Company posted 12 Cr top line with over 12.5% operating margin & Net profit is 0.64 Cr in the Dec qtr.

Stock is trading low PE (23) as compared to its peers and industry PE (58).

Stock is trading at Rs 63.

Considering the company is invested lot in R& D and developed energy saving motor fans which is a major drive for growth of the company.

NOTE : THE ABOVE IS NOT A RESEARCH REPORT NOR A RECOMMENDATION  BUT INFORMATION AS AVAILABLE ON PUBLIC DOMAIN. 

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”