Mumbai (Maharashtra) [India], June 10: In a groundbreaking move set to redefine aerial surveillance, Mumbais RRP Drones Innovation Pvt Ltd, led by Rajendra Chodankar, has announced a strategic partnership with UAE-based technology leader Microvia. Together, they will introduce the innovative Drone in a Box solution, a product designed for diverse applications ranging from military operations to civilian use.
| Quantity | Rate/Share |
|---|---|
| 100 - 1000 | 345.00 |
| P/E | 16.74 | P/S | 4.58 | P/B | 2.34 |
|---|---|---|---|---|---|
| Industry PE | 0 | Face Value | 10 | Book Value | 113.75 |
| Market Cap | 142.76 Cr | Dividend | 0 | Dividend Yield | 0 % |
About of RRP S4E Innovation Private Limited
RRP S4E, also known as Systems 4 Ever, is an Indian company specializing in electro-optic solutions for the defence and security sector.
Overview of RRP S4E Innovation Private Limited
Founded on January 22, 2018, By Mr. Rajendra Chodankar, headquartered in Navi Mumbai, RRP S4E’s a Leading Indian Electro-Optics Manufacturer, core activities include Design, development, and deployment of electro-optic solutions for the Indian defence sector focus on night vision and surveillance equipment. With a state-of-the-art Nano Machining facility in India, they craft mechanical and optical components with unmatched accuracy, setting industry standards. They’ve played a vital role in space exploration, particularly in crafting large telescopic mirrors for projects like the MACE PROJECT.
With a manufacturing capability of 25,000 units per month, RRP, whose bouquet of offerings include reflex and thermal sights, AI based Robotics and Face Recognition, Counter Drone systems and Hand Held Thermal Imagers, is comfortably poised to cater to the demand that would emanate from offices, hospitals, hotels, lifts, reception areas, schools, colleges, personal cars, and any enclosures, among others.
Product Portfolio
Reflex Sights
Reflex sights PRM 25 and PR100 is an optical sight that enables the user to see an illuminated projection of an aiming point, or another image superimposed on the field of view while looking through an artially reflecting glass element. While PRM 25 offers three MOA dot sizes with 8 intensity levels, MIL-STD IP67 Protection, extremely light in weight (55grams) and small enough to fit most optics-ready subcompact and pocket pistols. PR100 is an advanced red dot sight, It has three MOA dot sizes with 11 levels of red dot, and Highly Durable Military-grade (6061-T6) aluminium alloy body.
Telescopic Sights
AP37 / AP37-C and DHRISTI AP5-25X offers All kinds of systems that need solid visual aiming in addition to magnification use telescopic sights.
AP37/AP37-C comes with a durable, lightweight telescopic sights with 4X/5X magnifications, 4.5-degree Field of view, parallax free vision up to 500m and Lightweight of less than 500 grams, DHRISTI series is an upgraded version of the AP series With 5-25x zoom-in features and excellent variable magnification, this sight is highly versatile.
Thermal Sights and Devices
PR82 12 μm and PR 110MF works on the principal of thermal imager.
PR82 features 12-micron 640 x 480 thermal sensors, 3X optical magnification and 4X digital zoom capability, a 800x600 OLED resolution, 35mm, 50mm, and 75mm lens types, and it meets the meets the requirements of MIL-STD JSS-55555. The PR110 MF is a sophisticated, yet user-friendly, and portable handheld thermal imager that is perfect for ground applications due to its ease of use and maintenance. It has a Digital zoom of X2, X4, X6, and X8, equipped with an uncooled micro-bolometer with a 640x480 resolution, and t has the ability to see through fog, smoke, and darkness, making it a valuable tool for a wide range of activities.
Insights of RRP S4E Innovation Private Limited
Financial Insights
Despite a decrease in revenue by 18.5%, dropping from 38.3 to 31.2, the company managed to significantly increase its EBITDA by 37.5%, rising from 12 to 16.5. This improvement in EBITDA indicates enhanced operational efficiency or cost management. Profit before tax (PBT) also saw a notable uptick of 31.4%, climbing from 8.6 to 11.3. Profit after tax (PAT) followed suit, increasing by 37% from 6.2 to 8.5, reflecting effective tax management or improved bottom-line performance.
| Particulars | 31st March, 2023 | 31st March, 2022 | Y-o-Y % increase |
| Revenue | 31.2 | 38.3 | -18.5% |
| EBITDA | 16.5 | 12 | 37.5% |
| PBT | 11.3 | 8.6 | 31.4% |
| PAT | 8.5 | 6.2 | 37% |
| EPS | 15.9 | 12 | - |
Balance Sheet of RRP S4E Innovation Private Limited
Standalone(in ₹ Cr.)
| Category | 31-Mar-2023 | 31-Mar-2022 |
|---|---|---|
| Equity | 61.05 | 42.62 |
| Liabilities | 44.44 | 31.38 |
| Total Equity and Liabilities | 105.49 | 74.00 |
| Net Fixed Assets | 33.42 | 22.57 |
| Capital Work-in-progress | 3.67 | 0.00 |
| Other Non current Assets | 0.91 | 0.00 |
| Current Assets | 67.49 | 51.43 |
| Total Assets | 105.49 | 74.00 |
Profit and Loss of RRP S4E Innovation Private Limited
Standalone(in ₹ Cr.)
| Category | 31-Mar-2023 | 31-Mar-2022 |
|---|---|---|
| Net Revenue | 31.20 | 38.31 |
| Total Operating Cost | 15.31 | 26.04 |
| Operating Profit (EBITDA) | 15.89 | 12.27 |
| Other Income | 0.57 | 0.04 |
| Depreciation and Amortization Expense | 3.20 | 2.77 |
| Profit Before Interest and Taxes | 13.26 | 9.54 |
| Finance Costs | 1.95 | 0.92 |
| Profit Before Tax and Exceptional Items Before Tax | 11.31 | 8.62 |
| Profit Before Tax | 11.31 | 8.62 |
| Income Tax | 2.78 | 2.40 |
| Profit for the Period from Continuing Operations | 8.53 | 6.22 |
| Profit for the Period | 8.53 | 6.22 |
Management of RRP S4E Innovation Private Limited
Rajendra Chodankar - Chairman
Shareholding in the company - 26.75 %
Ranjit Balan - Sr Vice President
FAQs of RRP S4E Innovation Private Limited
Press of RRP S4E Innovation Private Limited
21st Jun 2024
RRP S4Es groundbreaking collaboration with Microavia,
Welcome to the future of aerial innovation with RRP S4Es groundbreaking collaboration with Microavia, introducing the extraordinary Drone in the Box technology proudly MAKE IN INDIA. Experience the seamless fusion of Russian precision and Indian ingenuity as we unveil a revolution in autonomous flight.
21st Jun 2024
The company Meprolight aims to expand its contracts for advanced sights in South America
The use of the advanced rifle sights by the Israeli defence forces (IDF) in the ongoing war with the Hamas and Hezbollah in Gaza and Lebanon will soon result with more contacts including from countries in South America.
Company Information of RRP S4E Innovation Private Limited
ISIN: INE09FT01019
Address: A 396/397 T.T.C. Industrial Area, Mahape, Navi Mumbai, Maharashtra 400710
Email: info@rrps4e.in
Phone Number: +91 8976855244
Date of Incorporation: 22-Jan-2018
Date of Last AGM: 30-Sep-2022
Data as Date: 31-Mar-2023
Source of Data: Annual Report, Company Website