Companies›Consumer Discretionary›Automobile and Auto Components›Auto Components
NSE:RACLGEAR

RACL GEARTECH LIMITED

Automobile and Auto Components › Auto Components
₹1,370.10
at close · 28 Oct 2026
▼ 8.70 (-0.63%)

Latest filings

  1. Brazil export order for engine timing gears · Business Updates
  2. Newspaper advertisement copies filed with NSE and BSE · Compliance
  3. Quarterly compliance certificate on dematerialization of shares · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures precision gears, gearboxes, and transmission assemblies for automotive customers, with 75% of FY26 revenue from exports (69% Europe, 29% India/Asia Pacific, 2% US/Canada) and the balance from the domestic market. The product mix is led by commercial-vehicle parts at 20% of revenue, recreational-vehicle parts at 18%, and passenger-car parts at 13%, with the remaining share from motorcycle, EV and other programmes. Recent customer wins include a 350cc five-speed gearbox for Royal Enfield (start of production Aug-Sep 2026), a 15-part programme with Kawasaki Japan (SOP Oct 2027), BMW's electric-vehicle projects Titan and Venus (mass production from Oct-Nov 2026), electric power steering for the US market with ZF Rane (Project Crystal), a US shift drum programme of 150,000 sets per annum, and a BHEL empanelment in defence/aerospace with supplies commenced. Operations sit in India with a German subsidiary, RACL Geartech GmbH. The largest cost lines in FY26 were other operating expenses at 37.9% of revenue, raw materials at 29.6%, and employee costs at 11.0%, with depreciation at 6.8% and capex at 10.0% of revenue.

Revenue mix · reported segments
Commercial-vehicle components20.0%
Recreational-vehicle components18.0%
Passenger-car components13.0%
Operating scale
FY26 consolidated revenue
₹489.94 crFY26
Export share of revenue
75%FY26
Europe share of revenue
69%FY26
FY27 capex plan
₹77.45 crFY27
Total debt (post-deleveraging)
₹221 crFY26
Royal Enfield 350cc gearbox SOP
Aug-Sep 2026
Who pays it
Global automotive OEMs and Tier-1s including Royal Enfield, Kawasaki Japan, BMW, ZF Rane and BHEL (defence/aerospace)
Biggest cost
Raw materials at 29.6% of FY26 revenue
Kind of business
Precision-engineered auto-components manufacturer, export-heavy, with India-Germany operations
Where it sits
Supplier of high-precision gears, gearboxes and transmission assemblies to premium global automotive brands
Market Cap
₹1,673 Cr
P / E (TTM)
32.0×
EV / EBITDA
14.4×
Div Yield
0.11%
Growth
19.2%▲
Revenue 5y CAGR
PAT +15.8% · EBITDA +18.6%
Quality
21.3%▲
ROCE (5y median)
ROE 18.2% (5y median) · margin 26.4%
Leverage
0.64·
Debt / Equity · moderate
Net debt ₹218 Cr
Revenue FY21→FY26
2.4×▲
Margin −1.5 pts
₹204 Cr → ₹490 Cr
Cash conversion
1.48×▲
Operating cash ÷ profit · 5 yrs
₹256 Cr on ₹173 Cr
Moves on a normal day
2.02%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 126 Auto Components & Equipments peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#71/119
P/B#82/117
ROCE#50/125
ROE#47/117
Debt / Equity#90/117
EBITDA margin#12/118
Revenue growth#26/113
Profit growth#76/115

Scorecard

Measured from the filed financials, judged against its Auto Components & Equipments peers · as of FY26 — not investment advice

Strengths
Revenue compounding 19% a year over 5 years
Profit compounding 16% a year over 5 years
Returns on capital 21.3% (5-year median)
#50 of 125 in Auto Components & Equipments on the latest reported figures
Over 5 years it reported ₹173 Cr of profit and ₹256 Cr of operating cash — 1.48×
Profit is converting into cash
Concerns
Carries more debt than its peers — 0.64× equity
higher than 77% of its 117 Auto Components & Equipments peers
Heavy working capital — 173 days of cash tied up

Charts

How has the market priced it — with filings on the timeline?

RACLGEAR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from RACL GEARTECH LIMITED's filed financials and exchange disclosures

What does RACL GEARTECH LIMITED do?

RACL GEARTECH LIMITED is a Auto Components company listed on NSE and BSE, trading under the symbol RACLGEAR.

Is RACL GEARTECH LIMITED profitable?

Yes. Over the trailing twelve months RACL GEARTECH LIMITED reported a net profit of ₹50 Cr on revenue of ₹522 Cr.

Does RACL GEARTECH LIMITED pay a dividend?

Yes. The dividend yield is 0.11% at the current price. It paid out 4% of its profit as dividend in FY26.

Is RACL GEARTECH LIMITED debt-free?

No. It reported borrowings of ₹225 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹218 Cr after cash. Debt stands at 0.64× equity. That is higher than 77% of its 117 Auto Components & Equipments peers.

Is RACL GEARTECH LIMITED expensive compared with its peers?

On trailing P/E, RACL GEARTECH LIMITED ranks 71 of 119 in Auto Components & Equipments — cheaper than 41% of them, against an industry median of 25.3×. This is a position, not a valuation judgement.

How much does the RACL GEARTECH LIMITED share price move in a day?

On a typical session RACL GEARTECH LIMITED moves 2.02% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track RACL GEARTECH LIMITED's announcements?

Every NSE and BSE filing by RACL GEARTECH LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.