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 ₹ 20.0 Cr.
- Current Price ₹ 50.3
- High / Low ₹ 72.0 / 29.7
- Stock P/E 55.4
- Book Value ₹ 50.5
- Dividend Yield 0.00 %
- ROCE 3.43 %
- ROE 0.86 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.99 times its book value
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 0.50% 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 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
7.88 | 6.99 | 7.64 | 8.58 | 8.63 | 7.62 | 9.17 | 8.90 | 4.48 | 7.84 | 12.87 | 13.12 | 13.28 | |
6.85 | 6.57 | 6.69 | 7.03 | 7.28 | 6.83 | 7.64 | 8.18 | 3.99 | 6.93 | 11.87 | 11.86 | 11.70 | |
Operating Profit | 1.03 | 0.42 | 0.95 | 1.55 | 1.35 | 0.79 | 1.53 | 0.72 | 0.49 | 0.91 | 1.00 | 1.26 | 1.58 |
OPM % | 13.07% | 6.01% | 12.43% | 18.07% | 15.64% | 10.37% | 16.68% | 8.09% | 10.94% | 11.61% | 7.77% | 9.60% | 11.90% |
0.11 | 0.05 | 0.09 | 0.07 | 0.09 | 0.16 | 0.10 | 0.44 | 0.06 | 0.19 | 0.32 | 0.17 | 0.00 | |
Interest | 0.24 | 0.43 | 0.50 | 0.41 | 0.33 | 0.27 | 0.54 | 0.58 | 0.55 | 0.49 | 0.70 | 0.59 | 0.52 |
Depreciation | 0.34 | 0.37 | 0.50 | 0.42 | 0.34 | 0.31 | 0.45 | 0.54 | 0.52 | 0.47 | 0.48 | 0.55 | 0.59 |
Profit before tax | 0.56 | -0.33 | 0.04 | 0.79 | 0.77 | 0.37 | 0.64 | 0.04 | -0.52 | 0.14 | 0.14 | 0.29 | 0.47 |
Tax % | 17.86% | -27.27% | -400.00% | 36.71% | 20.78% | 10.81% | 32.81% | -150.00% | -23.08% | -21.43% | 100.00% | 37.93% | |
0.46 | -0.23 | 0.21 | 0.50 | 0.61 | 0.32 | 0.44 | 0.09 | -0.39 | 0.17 | -0.01 | 0.18 | 0.36 | |
EPS in Rs | 1.00 | -0.58 | 0.53 | 1.26 | 1.54 | 0.81 | 1.11 | 0.23 | -0.98 | 0.43 | -0.03 | 0.45 | 0.90 |
Dividend Payout % | 41.30% | 0.00% | 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: | 7% |
5 Years: | 7% |
3 Years: | 43% |
TTM: | 2% |
Compounded Profit Growth | |
---|---|
10 Years: | 11% |
5 Years: | -16% |
3 Years: | 35% |
TTM: | -55% |
Stock Price CAGR | |
---|---|
10 Years: | 4% |
5 Years: | 4% |
3 Years: | 19% |
1 Year: | 10% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | 0% |
3 Years: | 1% |
Last Year: | 1% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3.80 | 3.97 | 3.97 | 3.97 | 3.97 | 3.97 | 3.97 | 3.97 | 3.97 | 3.97 | 3.97 | 3.97 | 3.97 |
Reserves | 7.07 | 6.61 | 6.71 | 19.98 | 16.52 | 16.73 | 17.24 | 17.37 | 16.98 | 17.14 | 18.32 | 15.56 | 16.09 |
3.98 | 3.59 | 5.17 | 4.79 | 5.40 | 6.40 | 5.69 | 5.11 | 5.02 | 5.96 | 5.04 | 4.52 | 5.53 | |
2.92 | 2.16 | 2.34 | 2.80 | 6.94 | 6.59 | 7.21 | 6.92 | 6.70 | 6.81 | 7.93 | 7.31 | 6.89 | |
Total Liabilities | 17.77 | 16.33 | 18.19 | 31.54 | 32.83 | 33.69 | 34.11 | 33.37 | 32.67 | 33.88 | 35.26 | 31.36 | 32.48 |
12.17 | 14.13 | 13.77 | 26.68 | 26.40 | 26.35 | 31.66 | 31.22 | 30.74 | 30.91 | 32.33 | 27.97 | 27.71 | |
CWIP | 1.82 | 0.24 | 1.59 | 2.08 | 3.59 | 5.02 | 0.10 | 0.11 | 0.13 | 0.13 | 0.00 | 0.00 | 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 | 0.03 |
3.78 | 1.96 | 2.83 | 2.78 | 2.84 | 2.32 | 2.35 | 2.04 | 1.80 | 2.84 | 2.93 | 3.39 | 4.61 | |
Total Assets | 17.77 | 16.33 | 18.19 | 31.54 | 32.83 | 33.69 | 34.11 | 33.37 | 32.67 | 33.88 | 35.26 | 31.36 | 32.48 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.14 | 0.80 | 0.74 | 1.56 | 1.31 | 1.02 | 2.05 | 1.02 | 0.66 | 0.54 | 2.08 | 1.48 | |
-0.51 | -0.79 | -1.59 | -0.56 | -1.61 | -1.75 | -0.89 | 0.08 | -0.12 | -0.71 | -0.61 | -0.18 | |
0.84 | -1.02 | 1.10 | -1.21 | 0.28 | 0.72 | -1.25 | -1.16 | -0.65 | 0.52 | -1.70 | -0.79 | |
Net Cash Flow | 0.19 | -1.01 | 0.25 | -0.22 | -0.02 | -0.01 | -0.09 | -0.06 | -0.11 | 0.35 | -0.23 | 0.51 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 8.80 | 19.84 | 21.02 | 15.74 | 18.19 | 17.24 | 17.12 | 12.30 | 12.22 | 28.40 | 34.32 | 31.44 |
Inventory Days | 45.00 | 64.21 | 44.92 | 61.92 | 68.05 | 74.66 | 62.39 | 55.09 | 142.44 | 0.00 | 0.00 | |
Days Payable | 190.00 | 152.08 | 179.69 | 250.94 | 281.48 | 385.74 | 333.80 | 433.87 | 1,041.59 | |||
Cash Conversion Cycle | -136.20 | -68.03 | -113.75 | -173.28 | -195.25 | -293.84 | -254.29 | -366.47 | -886.93 | 28.40 | 34.32 | 31.44 |
Working Capital Days | -11.12 | -16.71 | -11.94 | -45.52 | -40.60 | -56.04 | -70.05 | -68.08 | -149.10 | -51.68 | -12.76 | -25.04 |
ROCE % | 5.72% | 0.69% | 3.40% | 5.34% | 4.03% | 2.42% | 4.33% | 1.05% | 0.11% | 2.30% | 3.05% | 3.43% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
29 Oct - Newspaper publication of unaudited Financial Results for the quarter and Half year ended 30th September, 2024
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Results- Unaudited Financial Results For Quarter And Half Year Ended 30Th September, 2024
26 Oct - Unaudited financial results for Q2 and H1 2024.
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Announcement under Regulation 30 (LODR)-Change in Directorate
26 Oct - Appointment of new chairman and independent director; financial results approved.
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Announcement under Regulation 30 (LODR)-Change in Management
26 Oct - Appointment of new Chairman and Independent Director; financial results approved.
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Board Meeting Outcome for Outcomes Of The Board Meeting Held On 26Th October, 2024
26 Oct - Appointment of new chairman and independent director; financial results approved.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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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