Rasandik Engineering Industries India Ltd

Rasandik Engineering Industries India Ltd (RASANDIK) is a micro-cap Automobiles company valued at ₹33 crore operating in Auto Components on the NSE and BSE.

Recent price move

Rasandik Engineering Industries India Ltd last traded at ₹56, modestly down 0.76% on the day.

Recent developments

On 2026-06-30, the company reported a net loss of ₹7 crore for the fiscal year ending March 2026, reflecting a widening loss compared to the previous year. Promoter holding remained at 53.10%, with 0.26% of shares pledged. Domestic institutional holding dropped to 0.00% from 0.05% in the prior quarter.

Financial performance

The company's annual revenue rose 8.8% to ₹68 crore, but net profit remained a loss of ₹7 crore, widening from a ₹6 crore loss the previous year. In the latest quarter, revenue grew 26.9% to ₹18 crore, while the net loss narrowed slightly to ₹1 crore from ₹1 crore a year earlier.

Valuation multiples

A price-to-earnings ratio is not meaningful here because the company is loss-making; the stock trades at 0.37 times book value.

Things to watch

The company continues to report a net loss, with a net profit margin of -9.9% and return on equity of -7.5%. Revenue has declined at a 23.2% annualized rate over the past three years. The stock is 29.4% below its 52-week high, and the net loss widened from ₹3 crore to ₹7 crore over the last three years.

Where it stands

Rasandik Engineering Industries India Ltd ended its latest fiscal year with a net loss of ₹7 crore, while revenue rose 8.8% to ₹68 crore. The latest quarter saw a narrowing of the net loss to ₹1 crore, but the company's return on equity remains negative at -7.5%. The stock is 29.4% below its 52-week high.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.