(i) Roots Multiclean Ltd, India’s first Mechanised Cleaning Equipment Manufacturer began operations in 199 (ii) The journey started with a simple push sweeper, flipper, and today having highly sophisticated manufacturi facilities produce a range of machines Including scrubbers, high-pressure washers, industrial vacuum cleaners, carpet cleaner machines, steam cleaners, city sweepers and runway sweepers. (iii) The company has trust and confidence of thousands of customers across segments like manufacturin railways, defense, pharma, automobile industries, and many more. Currently, Roots Multiclean Ltd offers its solutions in 34 countries. They have 30,000 active customers across India & Global markets. (iv) One of the biggest strengths of Roots Multiclean Ltd is the team. They have all India network of 70 Business Development Executives, over 170 Service Engineers cover 29 states of India. (v) Let us check the products, the company is manufacturing. By looking at the picture we can able to figure o that we all must have seen these on roads especially in the morning doing cleaning activity
| P&L Statement | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Revenue | 269.89 | 269.36 | 320 | 392 |
| Cost of Material Consumed | 105.74 | 98.08 | 176 | 195 |
| Gross Margins | 60.82 | 63.59 | 45 | 50.26 |
| Change in Inventory | -5 | 9.39 | -16 | -1 |
| Employee Benefit Expenses | 51.69 | 54.13 | 55 | 70 |
| Other Expenses | 75.24 | 67.79 | 57 | 64 |
| EBITDA | 42.22 | 39.97 | 48 | 64 |
| OPM | 15.64 | 14.84 | 15 | 16.33 |
| Other Income | 0.2 | 0.37 | 1 | 1 |
| Finance Cost | 4.45 | 3.7 | 4 | 6 |
| D&A | 7.91 | 8.45 | 9 | 9 |
| EBIT | 34.31 | 31.52 | 39 | 55 |
| EBIT Margins | 12.71 | 11.7 | 12.19 | 14.03 |
| PBT | 30.05 | 28.16 | 36 | 50 |
| PBT Margins | 11.13 | 10.45 | 11.25 | 12.76 |
| Tax (2021) | 7.5 | 7.07 | 10 | 14 |
| PAT | 22.55 | 21.09 | 26 | 36 |
| NPM | 8.36 | 7.83 | 8.13 | 9.18 |
| EPS | 112.75 | 105.45 | 130 | 180 |
| Financial Ratios | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Operating Profit Margin | 15.64 | 14.84 | 15 | 16.33 |
| Net Profit Margin | 8.36 | 7.83 | 8.13 | 9.18 |
| Earning Per Share (Diluted) | 112.75 | 105.45 | 130 | 180 |
| Assets | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Fixed Assets | 63.93 | 96.51 | 100 | 106 |
| CWIP | 30.38 | 5.79 | 6 | 4 |
| Investments | 0.77 | 0.77 | 1 | 31 |
| Trade Receivables | 66.64 | 85.54 | 71 | 77 |
| Inventory | 82.46 | 75.19 | 103 | 124 |
| Other Assets | 29.34 | 37.61 | 52 | 39 |
| Total Assets | 273.52 | 301.41 | 333 | 381 |
| Liabilities | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Share Capital | 2 | 2 | 2 | 2 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 152.24 | 172.49 | 198 | 235 |
| Borrowings | 64.19 | 54.08 | 53 | 63 |
| Trade Payables | 25.89 | 28.26 | 10 | 23 |
| Other Liabilities | 29.2 | 44.58 | 70 | 58 |
| Total Liabilities | 273.52 | 301.41 | 333 | 381 |
| Cash-Flow Statement | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| PBT | 30.05 | 28.16 | 36 | 50 |
| OPBWC | 36.21 | 35.32 | 47 | 65 |
| Change in Receivables | 4.19 | -18.89 | 14 | -5 |
| Change in Inventories | -4.03 | 7.27 | -28 | -21 |
| Change in Payables | -8.23 | 2.37 | 12 | -10 |
| Other Changes | -4.7 | 11.53 | -7 | 11 |
| Working Capital Change | 12.77 | 2.28 | -9 | -25 |
| Cash Generated From Operations | 23.44 | 37.6 | 38 | 40 |
| Tax | -7.8 | -6.76 | -9 | -13 |
| Cash Flow From Operations | 15.64 | 30.84 | 29 | 27 |
| Purchase of PPE | 0 | 0 | -13 | -12 |
| Sale of PPE | 0.13 | 0.25 | 0.25 | 0.1 |
| Cash Flow From Investment | -32.26 | -14.86 | -11 | -41 |
| Borrowing | 20.6 | -7.31 | -7.4 | 9 |
| Divided | -0.6 | -0.5 | -0.6 | -0.6 |
| Equity | 0 | 0 | 0 | 0 |
| Others From Financing | -4.45 | -3.7 | -4 | -6.4 |
| Cash Flow from Financing | 15.55 | -11.51 | -12 | 2 |
| Net Cash Generated | -1.07 | 4.47 | 6 | -12 |
| Cash at the Start | 5.02 | 3.93 | 8 | 14 |
| Cash at the End | 3.95 | 8.4 | 14 | 2 |
| Shareholding Pattern | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Promoters | - | 29.64% | 29.65% | 29.66% |
| M/s Hako, GMBH | - | 26.00% | - | 26.00% |
| M/s Roots Industries India Private Ltd | - | 18.00% | 18.00% | 18.00% |
| M/s Roots Auto Products Pvt. Ltd. | - | 7.50% | 7.50% | 7.50% |
| Mrs R. Yokanayaki | - | 5.02% | 5.02% | 5.02% |
| Others | - | 13.84% | 39.82% | 13.82% |
