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Ridings Consulting Engineers India

BSE:541151
Snowflake Description

Adequate balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
541151
BSE
₹152M
Market Cap
  1. Home
  2. IN
  3. Commercial Services
Company description

Ridings Consulting Engineers India Limited provides geospatial services, solutions, and related consultancy in India and internationally. The last earnings update was 98 days ago. More info.


Add to Portfolio Compare Print
  • Ridings Consulting Engineers India has significant price volatility in the past 3 months.
541151 Share Price and Events
7 Day Returns
0%
BSE:541151
1.6%
IN Professional Services
-0.6%
IN Market
1 Year Returns
-36.5%
BSE:541151
10.2%
IN Professional Services
11.1%
IN Market
541151 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ridings Consulting Engineers India (541151) 0% -19.7% - -36.5% - -
IN Professional Services 1.6% 0.9% 10.9% 10.2% 55.4% -52.6%
IN Market -0.6% -0.5% 3% 11.1% 18% 25.7%
1 Year Return vs Industry and Market
  • 541151 underperformed the Professional Services industry which returned 10.2% over the past year.
  • 541151 underperformed the Market in India which returned 11.1% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

541151 Value

 Is Ridings Consulting Engineers India undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Ridings Consulting Engineers India to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Ridings Consulting Engineers India.

BSE:541151 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 15.2%
Perpetual Growth Rate 10-Year IN Government Bond Rate 6.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:541151
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 6.5%
Equity Risk Premium S&P Global 7.9%
Professional Services Unlevered Beta Simply Wall St/ S&P Global 0.84
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.838 (1 + (1- 35%) (59.14%))
1.107
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.11
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 6.48% + (1.107 * 7.85%)
15.17%

Discounted Cash Flow Calculation for BSE:541151 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Ridings Consulting Engineers India is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

BSE:541151 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 15.17%)
2020 19.24 Est @ 57.77% 16.70
2021 27.39 Est @ 42.38% 20.65
2022 36.05 Est @ 31.61% 23.60
2023 44.73 Est @ 24.07% 25.42
2024 53.13 Est @ 18.8% 26.22
2025 61.16 Est @ 15.1% 26.21
2026 68.81 Est @ 12.51% 25.60
2027 76.18 Est @ 10.7% 24.61
2028 83.37 Est @ 9.44% 23.39
2029 90.49 Est @ 8.55% 22.04
Present value of next 10 years cash flows ₹234.00
BSE:541151 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ₹90.49 × (1 + 6.48%) ÷ (15.17% – 6.48%)
₹1,108.84
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹1,108.84 ÷ (1 + 15.17%)10
₹270.07
BSE:541151 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹234.00 + ₹270.07
₹504.07
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹504.07 / 12.44
₹40.52
BSE:541151 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹40.52
Current discount Discount to share price of ₹12.25
= -1 x (₹12.25 - ₹40.52) / ₹40.52
69.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Ridings Consulting Engineers India is available for.
Intrinsic value
>50%
Share price is ₹12.25 vs Future cash flow value of ₹40.52
Current Discount Checks
For Ridings Consulting Engineers India to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Ridings Consulting Engineers India's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Ridings Consulting Engineers India's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ridings Consulting Engineers India's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ridings Consulting Engineers India's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:541151 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in INR ₹-9.44
BSE:541151 Share Price ** BSE (2020-02-18) in INR ₹12.25
India Professional Services Industry PE Ratio Median Figure of 13 Publicly-Listed Professional Services Companies 11.19x
India Market PE Ratio Median Figure of 2,610 Publicly-Listed Companies 13.26x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ridings Consulting Engineers India.

BSE:541151 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:541151 Share Price ÷ EPS (both in INR)

= 12.25 ÷ -9.44

-1.3x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ridings Consulting Engineers India is loss making, we can't compare its value to the IN Professional Services industry average.
  • Ridings Consulting Engineers India is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Ridings Consulting Engineers India's expected growth come at a high price?
Raw Data
BSE:541151 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.3x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Professional Services Industry PEG Ratio Median Figure of 58 Publicly-Listed Professional Services Companies 1.67x
India Market PEG Ratio Median Figure of 409 Publicly-Listed Companies 1.25x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Ridings Consulting Engineers India, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ridings Consulting Engineers India's assets?
Raw Data
BSE:541151 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in INR ₹4.16
BSE:541151 Share Price * BSE (2020-02-18) in INR ₹12.25
India Professional Services Industry PB Ratio Median Figure of 22 Publicly-Listed Professional Services Companies 0.8x
India Market PB Ratio Median Figure of 3,604 Publicly-Listed Companies 0.85x
BSE:541151 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:541151 Share Price ÷ Book Value per Share (both in INR)

= 12.25 ÷ 4.16

2.94x

* Primary Listing of Ridings Consulting Engineers India.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ridings Consulting Engineers India is overvalued based on assets compared to the IN Professional Services industry average.
X
Value checks
We assess Ridings Consulting Engineers India's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Professional Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Professional Services industry average (and greater than 0)? (1 check)
  5. Ridings Consulting Engineers India has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

541151 Future Performance

 How is Ridings Consulting Engineers India expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ridings Consulting Engineers India has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16.4%
Expected Professional Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ridings Consulting Engineers India expected to grow at an attractive rate?
  • Unable to compare Ridings Consulting Engineers India's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Ridings Consulting Engineers India's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Ridings Consulting Engineers India's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:541151 Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 16.4%
Asia Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 10%
India Market Earnings Growth Rate Market Cap Weighted Average 21.5%
India Market Revenue Growth Rate Market Cap Weighted Average 9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:541151 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:541151 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-09-30 136 18 -116
2019-06-30 159 -1 -83
2019-03-31 182 -19 -50
2018-12-31 184 -23
2018-09-30 186 5
2018-06-30 187 9
2018-03-31 188 -39 12
2017-03-31 169 -4 10

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Ridings Consulting Engineers India is high growth as no earnings estimate data is available.
  • Unable to determine if Ridings Consulting Engineers India is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:541151 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Ridings Consulting Engineers India Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:541151 Past Financials Data
Date (Data in INR Millions) EPS *
2019-09-30 -9.44
2019-06-30 -6.72
2019-03-31 -4.03
2018-12-31 -1.71
2018-09-30 0.34
2018-06-30 0.65
2018-03-31 1.00
2017-03-31 1.16

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Ridings Consulting Engineers India will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Ridings Consulting Engineers India's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Ridings Consulting Engineers India's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  3. Ridings Consulting Engineers India's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Ridings Consulting Engineers India's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ridings Consulting Engineers India has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

541151 Past Performance

  How has Ridings Consulting Engineers India performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ridings Consulting Engineers India's growth in the last year to its industry (Professional Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ridings Consulting Engineers India does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Ridings Consulting Engineers India's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Ridings Consulting Engineers India's 1-year growth to the IN Professional Services industry average as it is not currently profitable.
Earnings and Revenue History
Ridings Consulting Engineers India's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ridings Consulting Engineers India Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:541151 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 136.37 -116.41 2.89
2019-06-30 159.41 -83.27 2.89
2019-03-31 182.44 -50.12 2.89
2018-12-31 184.42 -22.90 3.30
2018-09-30 186.39 4.91 31.81
2018-06-30 187.09 8.65 31.81
2018-03-31 187.79 12.40 7.20
2017-03-31 168.81 10.20 16.95
2016-03-31 141.89 5.21 3.36
2015-03-31 135.18 10.69 3.28
2014-03-31 134.03 11.69 4.20
2013-03-31 149.91 7.40 3.78

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Ridings Consulting Engineers India has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Ridings Consulting Engineers India has efficiently used its assets last year compared to the IN Professional Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Ridings Consulting Engineers India improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Ridings Consulting Engineers India's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Professional Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ridings Consulting Engineers India has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

541151 Health

 How is Ridings Consulting Engineers India's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ridings Consulting Engineers India's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ridings Consulting Engineers India is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ridings Consulting Engineers India's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ridings Consulting Engineers India's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ridings Consulting Engineers India Company Filings, last reported 4 months ago.

BSE:541151 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 51.82 90.12 0.40
2019-06-30 51.82 90.12 0.40
2019-03-31 121.40 94.90 0.71
2018-12-31 121.40 94.90 0.71
2018-09-30 168.23 92.13 2.16
2018-06-30 168.23 92.13 2.16
2018-03-31 171.52 103.07 44.64
2017-03-31 89.17 93.99 2.56
2016-03-31 80.32 66.15 6.29
2015-03-31 70.11 67.51 10.70
2014-03-31 59.62 55.89 7.94
2013-03-31 42.93 50.28 6.97
  • Ridings Consulting Engineers India's level of debt (173.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (95.1% vs 173.9% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Ridings Consulting Engineers India has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Ridings Consulting Engineers India has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 10% per year.
X
Financial health checks
We assess Ridings Consulting Engineers India's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ridings Consulting Engineers India has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

541151 Dividends

 What is Ridings Consulting Engineers India's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Ridings Consulting Engineers India dividends.
If you bought ₹2,000 of Ridings Consulting Engineers India shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Ridings Consulting Engineers India's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ridings Consulting Engineers India's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:541151 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 2.1%
India Market Average Dividend Yield Market Cap Weighted Average of 1402 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Ridings Consulting Engineers India has not reported any payouts.
  • Unable to verify if Ridings Consulting Engineers India's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ridings Consulting Engineers India's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ridings Consulting Engineers India has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Ridings Consulting Engineers India's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ridings Consulting Engineers India afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ridings Consulting Engineers India has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

541151 Management

 What is the CEO of Ridings Consulting Engineers India's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Praveen Baveja
COMPENSATION ₹0
AGE 59
TENURE AS CEO 2.2 years
CEO Bio

Mr. Praveen Kumar Baveja serves as Chairman and Chief Executive Officer at Ridings Consulting Engineers India Limited and has been its Whole Time Director since January 07, 2014. He holds a degree of Masters of Technology from IIT, Kharagpur. He has a profound experience of more than 35 years. He started his career from Indian Army-largely related to Radio Mobile Communication in the year 1982 as Commissioned Officer and thereafter joined Military College of Telecom, Engineering, Corps of Signals, Indian Army in 1992 as an Assistant Professor. He also worked with companies like TVS Interconnect, ZTE Corporation and ITIL as a Business Head of Area. His last job was in ZTE Corporation as Infra Vertical Director sales from 2011-2012. Thereafter, he joined Ridings Consulting Engineers India Limited and has been involved in the business activities to set up business operations and many more things related to business activities. He looks after in the field of Indian Operations, Foreign Operations, HR & Admin as well as Business Development at Ridings Consulting Engineers India Limited.

CEO Compensation
  • Insufficient data for Praveen to compare compensation growth.
  • Insufficient data for Praveen to establish whether their remuneration is reasonable compared to companies of similar size in India.
Management Team Tenure

Average tenure and age of the Ridings Consulting Engineers India management team in years:

2.2
Average Tenure
55
Average Age
  • The tenure for the Ridings Consulting Engineers India management team is about average.
Management Team

Praveen Baveja

TITLE
Chairman & CEO
AGE
59
TENURE
2.2 yrs

Sudhir Baveja

TITLE
Chief Financial Officer
AGE
55
TENURE
2.2 yrs

Abhishek Bhargav

TITLE
Company Secretary & Compliance Officer
AGE
29
TENURE
2.2 yrs
Board of Directors

Praveen Baveja

TITLE
Chairman & CEO
AGE
59

Bharti Sinha

TITLE
Non-Executive Independent Director
AGE
60
TENURE
2.3 yrs

Rajeev Lal

TITLE
Non-Executive Independent Director
AGE
70
TENURE
2.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Ridings Consulting Engineers India's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ridings Consulting Engineers India has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

541151 News

Simply Wall St News

541151 Company Info

Description

Ridings Consulting Engineers India Limited provides geospatial services, solutions, and related consultancy in India and internationally. Its services include sub surface utility engineering survey/ground-penetrating radar survey; surveying/mapping and geo-spatial data generation; aerial triangulation, planimetric data collection, DEM and contour generation, mosaicing and orthophoto production, 3D topographic collection, contour and spot height extraction; LIDAR/3D geospatial data generation/processing; remote sensing; and G.I.S application development. The company was founded in 1995 and is based in Noida, India.

Details
Name: Ridings Consulting Engineers India Limited
541151
Exchange: BSE
Founded: 1995
₹152,390,000
12,440,000
Website: http://www.ridingsindia.com
Address: Ridings Consulting Engineers India Limited
Ganga Shopping Complex,
Second Floor,
Noida,
Uttar Pradesh, 201303,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 541151 Equity Shares Mumbai Stock Exchange IN INR 26. Mar 2018
Number of employees
Current staff
Staff numbers
132
Ridings Consulting Engineers India employees.
Industry
Research and Consulting Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/02/20 13:12
End of day share price update: 2020/02/18 00:00
Last earnings filing: 2019/11/14
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.