Ras Resorts & Apart Hotels Ltd

Ras Resorts & Apart Hotels Ltd

₹ 41.1 0.00%
24 Apr 11:16 a.m.
About

Incorporated in 1985, Ras Resorts & Apart Hotels Ltd is engaged in business of owning, operating hotels and resorts in Silvassa.

Key Points

Services Offered:[1]
Company is a 4 star category hotel which provides services in the market segments:
a) Corporate/Business
b) Leisure
c) Long stayers
d) Groups
e) Conferences
f) Events (Including weddings)
g) Packages

  • Market Cap 16.3 Cr.
  • Current Price 41.1
  • High / Low 56.3 / 27.1
  • Stock P/E 816
  • Book Value 56.2
  • Dividend Yield 0.00 %
  • ROCE 3.07 %
  • ROE -0.05 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 0.73 times its book value

Cons

  • The company has delivered a poor sales growth of 11.0% over past five years.
  • Company has a low return on equity of -0.39% over last 3 years.
  • Contingent liabilities of Rs.68.5 Cr.

* 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: Hotels & Restaurants Industry: Hotels

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
1.56 1.47 1.20 1.81 2.60 2.41 3.33 2.64 3.51 3.71 3.13 2.93 3.32
1.32 1.16 1.01 1.54 2.25 2.15 3.34 2.81 3.14 2.61 2.84 2.60 3.15
Operating Profit 0.24 0.31 0.19 0.27 0.35 0.26 -0.01 -0.17 0.37 1.10 0.29 0.33 0.17
OPM % 15.38% 21.09% 15.83% 14.92% 13.46% 10.79% -0.30% -6.44% 10.54% 29.65% 9.27% 11.26% 5.12%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.13 0.14 0.12 0.12 0.11 0.12 0.15 0.17 0.17 0.19 0.16 0.16 0.16
Depreciation 0.13 0.13 0.12 0.12 0.12 0.10 0.12 0.12 0.12 0.12 0.12 0.12 0.12
Profit before tax -0.02 0.04 -0.05 0.03 0.12 0.04 -0.28 -0.46 0.08 0.79 0.01 0.05 -0.11
Tax % 0.00% 25.00% -20.00% -133.33% 41.67% -150.00% 25.00% -23.91% -450.00% 59.49% 100.00% 40.00% -209.09%
-0.02 0.03 -0.06 0.07 0.07 0.10 -0.21 -0.57 0.44 0.33 0.00 0.03 -0.34
EPS in Rs -0.05 0.08 -0.15 0.18 0.18 0.25 -0.53 -1.44 1.11 0.83 0.00 0.08 -0.86
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
7.78 7.88 6.99 7.64 8.58 8.63 7.62 9.17 8.90 4.48 7.84 12.87 13.09
6.53 6.85 6.57 6.69 7.03 7.28 6.83 7.64 8.18 3.99 6.93 11.87 11.20
Operating Profit 1.25 1.03 0.42 0.95 1.55 1.35 0.79 1.53 0.72 0.49 0.91 1.00 1.89
OPM % 16.07% 13.07% 6.01% 12.43% 18.07% 15.64% 10.37% 16.68% 8.09% 10.94% 11.61% 7.77% 14.44%
0.39 0.11 0.05 0.09 0.07 0.09 0.16 0.10 0.44 0.06 0.19 0.32 0.00
Interest 0.20 0.24 0.43 0.50 0.41 0.33 0.27 0.54 0.58 0.55 0.49 0.70 0.67
Depreciation 0.32 0.34 0.37 0.50 0.42 0.34 0.31 0.45 0.54 0.52 0.47 0.48 0.48
Profit before tax 1.12 0.56 -0.33 0.04 0.79 0.77 0.37 0.64 0.04 -0.52 0.14 0.14 0.74
Tax % 38.39% 17.86% 27.27% -400.00% 36.71% 20.78% 10.81% 32.81% -150.00% 23.08% -21.43% 100.00%
0.69 0.46 -0.23 0.21 0.50 0.61 0.32 0.44 0.09 -0.39 0.17 -0.01 0.02
EPS in Rs 1.50 1.00 -0.58 0.53 1.26 1.54 0.81 1.11 0.23 -0.98 0.43 -0.03 0.05
Dividend Payout % 55.07% 41.30% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 5%
5 Years: 11%
3 Years: 13%
TTM: 10%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 25%
TTM: 108%
Stock Price CAGR
10 Years: 1%
5 Years: 0%
3 Years: 27%
1 Year: 51%
Return on Equity
10 Years: 1%
5 Years: 0%
3 Years: 0%
Last Year: 0%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 3.80 3.80 3.97 3.97 3.97 3.97 3.97 3.97 3.97 3.97 3.97 3.97 3.97
Reserves 6.89 7.07 6.61 6.71 19.98 16.52 16.73 17.24 17.37 16.98 17.14 18.32 18.33
2.45 3.98 3.59 5.17 4.79 5.40 6.40 5.69 5.11 5.02 5.96 4.79 3.91
3.02 2.92 2.16 2.34 2.80 6.94 6.59 7.21 6.92 6.70 6.81 8.18 9.36
Total Liabilities 16.16 17.77 16.33 18.19 31.54 32.83 33.69 34.11 33.37 32.67 33.88 35.26 35.57
12.28 12.17 14.13 13.77 26.68 26.40 26.35 31.66 31.22 30.74 30.91 32.33 32.09
CWIP 1.61 1.82 0.24 1.59 2.08 3.59 5.02 0.10 0.11 0.13 0.13 0.13 0.13
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.15
2.27 3.78 1.96 2.83 2.78 2.84 2.32 2.35 2.04 1.80 2.84 2.80 3.20
Total Assets 16.16 17.77 16.33 18.19 31.54 32.83 33.69 34.11 33.37 32.67 33.88 35.26 35.57

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
2.57 -0.14 0.80 0.74 1.56 1.31 1.02 2.05 1.02 0.66 0.54 2.08
0.51 -0.51 -0.79 -1.59 -0.56 -1.61 -1.75 -0.89 0.08 -0.12 -0.71 -0.61
-2.07 0.84 -1.02 1.10 -1.21 0.28 0.72 -1.25 -1.16 -0.65 0.52 -1.70
Net Cash Flow 1.01 0.19 -1.01 0.25 -0.22 -0.02 -0.01 -0.09 -0.06 -0.11 0.35 -0.23

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 10.32 8.80 19.84 21.02 15.74 18.19 17.24 17.12 12.30 12.22 28.40 34.32
Inventory Days 36.74 45.00 64.21 44.92 61.92 68.05 74.66 62.39 55.09 142.44 0.00 0.00
Days Payable 161.68 190.00 152.08 179.69 250.94 281.48 385.74 333.80 433.87 1,041.59
Cash Conversion Cycle -114.61 -136.20 -68.03 -113.75 -173.28 -195.25 -293.84 -254.29 -366.47 -886.93 28.40 34.32
Working Capital Days -71.78 -11.12 -16.71 -11.94 -45.52 -40.60 -56.04 -70.05 -68.08 -149.10 -51.68 -23.82
ROCE % 7.26% 5.72% 0.69% 3.40% 5.34% 4.03% 2.42% 4.33% 1.05% 0.11% 2.30% 3.07%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.34% 74.34% 74.34% 74.34% 74.34% 74.34% 74.34% 74.34% 74.34% 74.34% 74.34% 74.34%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
25.66% 25.66% 25.66% 25.66% 25.66% 25.66% 25.66% 25.66% 25.66% 25.66% 25.65% 25.66%
No. of Shareholders 1,2261,2111,2111,2261,2261,2471,2521,2551,1831,1861,2181,308

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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