Readymix Construction Machinery Limited (RMX), established in Pune in 2008, has carved a niche as a multidisciplinary manufacturer and supplier in the construction equipment sector. Over the years, the company has expanded its product portfolio to include a wide array of construction machinery and equipment, as well as customized solutions tailored to meet the diverse demands of the construction industry.

Company Overview

RMX's journey began with a vision to provide comprehensive engineering solutions for the design, development, fabrication, and installation of various industrial plants and machinery. The company's product lineup encompasses:

• Dry Mix Mortar Plants: These plants are designed for the efficient production of dry mix mortar, essential for modern construction practices.

• Support Equipment for Readymix Concrete Plants: RMX offers a range of auxiliary equipment to enhance the efficiency and productivity of readymix concrete operations.

• High-Capacity Silos: Engineered for bulk storage, these silos cater to the needs of various industries, ensuring safe and efficient material handling.

• Artificial Sand Plants (Crusher): With the increasing demand for artificial sand, RMX provides state-of-the-art crushing solutions to produce high-quality sand for construction purposes.

• Wall Putty Plants: These plants are designed for the production of wall putty, a vital component in interior and exterior wall finishing.

Beyond these, RMX undertakes other customized engineering projects, offering complete turnkey solutions from conceptualization to installation. The company also emphasizes after-sales services, including maintenance and repair, ensuring long-term client satisfaction.

Management Team

The company's leadership comprises seasoned professionals with extensive industry experience:

• Anand Suresh Watve (Promoter): Oversees overall business planning and development, including production, operations, quality control, legal, and compliance. He brings 30 years of experience to the table.

• Atul Jagannath Kulkarni (Promoter): Responsible for human resources, design and development, sales and marketing, and customer relationship management. He has 28 years of experience in the industry.

• Prashant Balasaheb Kanikdale (Promoter): Manages purchase and procurement, vendor management, cost management, inventory control, and dispatch planning, with 29 years of experience.

• Shubhangi Rohit Deo (Promoter and CFO): Oversees all accounting and finance activities of the company, bringing 15 years of experience to her role.

Financial Performance

RMX has demonstrated a consistent growth trajectory over the past few years. The revenues from operations for the fiscal years ending 2022, 2023, and 2024 were ₹4,783.43 lakh, ₹5,500.94 lakh, and ₹6,984.48 lakh respectively. For the period ending December 31, 2024, the revenue stood at ₹3,550.02 lakh.

The company's Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for the same periods were ₹252.74 lakh, ₹494.32 lakh, and ₹1,384.29 lakh respectively, indicating a significant improvement in operational efficiency.

Profit after Tax (PAT) also showcased an upward trend, with figures of ₹132.77 lakh in FY22, ₹277.95 lakh in FY23, and ₹928.48 lakh in FY24. For the period ending December 31, 2024, PAT was ₹104.41 lakh.

Key Financial Ratios

Several key performance indicators highlight the company's financial health:

• Earnings Per Share (EPS): The pre-issue EPS for FY24 is ₹11.76, while the post-issue EPS is projected at ₹8.47.

• Price-to-Earnings (P/E) Ratio: The pre-issue P

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