Ras Resorts & Apart Hotels Ltd
Incorporated in 1985, Ras Resorts & Apart Hotels Ltd is engaged in business of owning, operating hotels and resorts in Silvassa.
- Market Cap ₹ 16.7 Cr.
- Current Price ₹ 42.0
- High / Low ₹ 56.3 / 27.1
- Stock P/E 834
- 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 0.75 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
Quarterly Results
Figures in Rs. Crores
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: | 28% |
1 Year: | 47% |
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% |
Documents
Announcements
- Certificate Under Regulation 40(9) Of The SEBI (Listing Obligations And Disclosures Requirements) Regulations 2015. 19 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Confirmation certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2024, received from Satellite Corporate services Pvt …
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
4 Apr - Ms. Binita Patel, Company Secretary and Compliance Officer (Key Managerial Personnel) of the company has tendered her resignation from the position of Company Secretary and …
-
Compliances-Compliance Certificate For The Period Ended March 31, 2024
2 Apr - All activities in relation to share transfer facility are maintained with the Registrar and Share Transfer Agent registered with the Board.
- Closure of Trading Window 22 Mar
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
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