Dear Friends, Today I am expressing my view on Eletrical and related company
RTS POWER CORPORATION LIMITED (531215)
RTS Power Corporation Limited is an ISO 9001
Certified company and promoted by Bhutoria Group engaged in providing relevant
and power-conversion and power quality solutions in India.
RTS is mainly engaged in the business of
manufacturing of High Voltage Dry Type transformers, Cables, Conductors and
related products. Bhutoria Group, an enterprise whose history spans more than
175 years.
RTS Power
is approved vendor and regular supplier for all State Electricity Boards in
India. The company is also an approved vendor for Defense Services (MES &
Air force), Indian Railways, and many Telecom and Private Companies.
RTS Having Total 8 manufacturing and Power
facilities across India. Transformer manufacturing facilities are mainly
situated in Rajasthan, Uttar Pradesh and West Bengal. RTS has integrated
facilities for processing of CRGO core, slitting, cutting and annealing,
conductor manufacturing (drawing, annealing and paper covering), transformer
oil processing, tank fabrication, core assembly, winding, assembling and
tanking.
PRODUCTS
Company’s products mainly fall under two
categories Transformers and Cables & Conductors.
TRANSFORMERS
Distribution Transformers:
RTS manufacture a range of Distribution Transformers suitable for use in Utilities and industries. Distribution Transformers ranging between 16 KVA to 1000 KVA range with 11/33 KV class along with various options and features that are custom-made as per requirement.
RTS manufacture a range of Distribution Transformers suitable for use in Utilities and industries. Distribution Transformers ranging between 16 KVA to 1000 KVA range with 11/33 KV class along with various options and features that are custom-made as per requirement.
Power Transformers:
Company manufacture a range of Power Transformers between Upwards of 1 MVA to 50 MVA range with 11/33/66/132 KV class including two winding, three winding and auto transformers.
Company manufacture a range of Power Transformers between Upwards of 1 MVA to 50 MVA range with 11/33/66/132 KV class including two winding, three winding and auto transformers.
Dry Type Transformers:
RTS manufacture and supply Dry Type Transformers from 25 KVA upto 2.500 MVA, 11KV). This department is equipped with vacuum impregnation tanks, multi-faceted ovens, dust free manufacturing area and other equipment required specially for the Dry type transformers. Company also provide a compact Sub Station solution for the above mentioned range.
CABLES &
CONDUCTORS
Company’s Cable division is situated in Jaipur with following products.
Manufacture of Conductor: AAC,AAAC, ACSR
Manufacture of XLPE/PVC Insulated (LT/HT) Power
& Control Cable upto 33000 Kv
Manufacture of Aerial Bunch Cable Single &
Multi Core
Manufacture of House Wiring Cables (PVC ) FR
& FRLS
Manufacture of Railway Signaling Cables
SERVICES
Apart
from the manufacturing, RTS is also engaged in the services and maintenance of
the transformers. In order to
ensure that customers receive prompt after sales service for purchased
transformers, RTS have set up dedicated servicing teams at facilities in Jaipur, Agra and Kolkata. This
has ensured timely response to the servicing needs of our customers.
CUSTOMERS
Company is having strong
customer base across major Industries. State Electricity Boards and Railways
and Defence are the growing Customers for the company. Company is serving for
Telecom companies like AIRCEL, BSNL, and VODAFONE etc.
Company website: Clickhere
FINANCIALS AND OUTLOOK
Company shares are trading in BSE.
Promoter holding in company 67.25%
Company posted 107 Cr top line in Last Financial
year.
Net profit is 1.86 Cr bottom-line in
Last Financial year.
Stock is trading low PE compared to
industry & its major peers.
Book Value: Rs 57.2
Debt to equity ratio is 0.61
Stock is trading at Rs 32
Stock is trading below its Book Value
& PE is low as compared to its peers. Company is mainly engaged in the business
of Power Transformers for various industries as well as Government agencies.
Govt. push on Rural electrification and
Electrification of Railways is a huge positive for the stock. Considering above
and performance of the company stock will rerate and will give handsome returns
to the investors in near future.
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”
