Ravinder Heights Ltd
Incorporated in 2019, Ravindra Heights Ltd is in the business of the Real Estate, township development and housing projects[1]
- Market Cap ₹ 337 Cr.
- Current Price ₹ 55.0
- High / Low ₹ 63.9 / 21.0
- Stock P/E
- Book Value ₹ 59.3
- Dividend Yield 0.00 %
- ROCE -0.23 %
- ROE -0.17 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.93 times its book value
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -0.09% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Realty Industry: Construction
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|
0.00 | 1.10 | 1.41 | 1.41 | 1.40 | |
0.06 | 0.69 | 0.66 | 1.30 | 1.27 | |
Operating Profit | -0.06 | 0.41 | 0.75 | 0.11 | 0.13 |
OPM % | 37.27% | 53.19% | 7.80% | 9.29% | |
0.00 | 0.02 | 0.02 | -0.05 | 0.06 | |
Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Depreciation | 1.23 | 1.13 | 1.05 | 0.98 | 0.93 |
Profit before tax | -1.29 | -0.70 | -0.28 | -0.92 | -0.74 |
Tax % | -455.81% | 82.86% | 42.86% | 23.91% | |
-7.18 | -0.13 | -0.16 | -0.71 | -0.54 | |
EPS in Rs | -0.02 | -0.03 | -0.12 | -0.08 | |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 24% |
TTM: | -32% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 34% |
1 Year: | 124% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 0% |
Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|
Equity Capital | 0.00 | 6.13 | 6.13 | 6.13 | 6.29 |
Reserves | 358.09 | 357.99 | 357.83 | 357.12 | 356.79 |
Preference Capital | 0.16 | 0.00 | 0.00 | 0.17 | |
0.00 | 0.04 | 0.05 | 0.00 | 0.00 | |
12.24 | 7.04 | 6.04 | 5.31 | 5.17 | |
Total Liabilities | 370.33 | 371.20 | 370.05 | 368.56 | 368.25 |
31.73 | 30.98 | 29.93 | 28.95 | 28.46 | |
CWIP | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 338.56 | 339.73 | 339.54 | 339.37 | 339.40 |
0.03 | 0.49 | 0.58 | 0.24 | 0.39 | |
Total Assets | 370.33 | 371.20 | 370.05 | 368.56 | 368.25 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
0.00 | 1.67 | -0.12 | -0.36 | |
-0.01 | -1.52 | 0.21 | 0.23 | |
0.01 | -0.06 | 0.00 | 0.00 | |
Net Cash Flow | 0.01 | 0.09 | 0.09 | -0.13 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
Debtor Days | 9.95 | 0.00 | 0.00 | |
Inventory Days | ||||
Days Payable | ||||
Cash Conversion Cycle | 9.95 | 0.00 | 0.00 | |
Working Capital Days | -491.09 | -186.38 | -38.83 | |
ROCE % | -0.19% | -0.08% | -0.23% |
Documents
Announcements
- Board Meeting Intimation for Intimation Of The Meeting Of The Board Of The Company Under Regulation 29 Of The SEBI (Listing Obligation And Discussion Requirements) Regulation, 2015 22 May
- In - Principle Approval For Listing Of 75000 Equity Shares Of Re. 1/- Each Allotted Pursuant To Conversion Of 165000 0.01% Compulsorily Convertible Non- Cumulative Preference Shares Issued On Preferential Basis. 21 May
- In - Principle Approval For Listing Of 75000 Equity Shares Of Re. 1/- Each Allotted Pursuant To Conversion Of 165000 0.01% Compulsorily Convertible Non- Cumulative Preference Shares Issued On Preferential Basis. 14 May
- Disclosure Under Regulation 30 And 31A(8) Of SEBI (LODR) Regulations, 2015 ('SEBI LODR Regulations') 7 May
- Disclosure Under Regulation 30 And 31A(8) Of SEBI (LODR) Regulations, 2015 ('SEBI LODR Regulations') 11 Apr
Business Overview:[1][2]
RHL undertakes the business of acquisition, construction, development of townships built-up infrastructure, housing, commercial premises, hotels, resorts, hospital, educational institution, recreational facilities, city and regional level infrastructure. RHL has 6 wholly owned subsidiaries which are engaged in real estate, construction and farming business. RHL, along with its four wholly owned subsidiaries owns 108.71 acres of land at village Harsaru, Gurgaon. Also, one of WOS, Nirmala Organic Farms & Resorts Pvt. Ltd. is in the agricuture business and owns agriculture land 35.56 Bighas ap at Village Naugaon, Rajasthan.