Rander Corporation Ltd

Rander Corpn. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Rander Corporation Ltd

₹ 9.59 0.00%
26 Apr - close price
randergroup.com BSE: 531228
About

Rander Corporation Limited, incorporated in 1993, is a real estate company, primarily engaged in construction and real estate development and mainly operates in Boisar, Tarapur region of Maharashtra, India. The Co. is also engaged in 'Securities Trading and Financing Business' under NBFC license.[1]

Key Points

Real Estate Projects[1]
The Co has presence in 2 Districts in Maharashtra (Palghar and Mumbai) and has the following ongoing projects:
Krishna Nagar
Krishna Residency
Shiv Ganga
Balaram Nivas

Website BSE
  • Market Cap ₹ 11.8 Cr.
  • Current Price ₹ 9.59
  • High / Low ₹ 12.5 / 4.71
  • Stock P/E 11.7
  • Book Value ₹ 17.5
  • Dividend Yield 0.00 %
  • ROCE 3.58 %
  • ROE 2.69 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.55 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 23.3%
  • Company has a low return on equity of 2.31% 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: Finance Industry: Finance & Investments

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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
0.74 0.35 1.07 0.70 0.86 1.03 0.80 0.60 0.52 1.57 1.25 0.51 1.08
0.68 0.31 0.75 0.55 0.35 0.87 0.33 0.30 0.15 1.81 0.62 0.22 0.36
Operating Profit 0.06 0.04 0.32 0.15 0.51 0.16 0.47 0.30 0.37 -0.24 0.63 0.29 0.72
OPM % 8.11% 11.43% 29.91% 21.43% 59.30% 15.53% 58.75% 50.00% 71.15% -15.29% 50.40% 56.86% 66.67%
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 0.00 0.00 0.00 0.05 0.00 0.06 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.04 0.01
Profit before tax 0.06 0.04 0.32 0.10 0.51 0.09 0.47 0.30 0.37 -0.24 0.63 0.25 0.71
Tax % 16.67% 25.00% 140.62% 20.00% 25.49% 222.22% 25.53% 23.33% 24.32% 29.17% 25.40% 24.00% 25.35%
0.04 0.03 -0.13 0.07 0.38 -0.10 0.34 0.22 0.28 -0.18 0.47 0.19 0.53
EPS in Rs 0.03 0.02 -0.11 0.06 0.31 -0.08 0.28 0.18 0.23 -0.15 0.38 0.15 0.43
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
0.82 2.39 5.31 4.34 3.73 2.00 1.79 1.27 0.35 1.26 3.66 3.32 4.41
0.25 0.34 4.59 3.49 3.35 1.69 1.50 1.07 0.31 1.13 2.51 2.59 3.01
Operating Profit 0.57 2.05 0.72 0.85 0.38 0.31 0.29 0.20 0.04 0.13 1.15 0.73 1.40
OPM % 69.51% 85.77% 13.56% 19.59% 10.19% 15.50% 16.20% 15.75% 11.43% 10.32% 31.42% 21.99% 31.75%
1.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.17 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.11 0.01 0.00
Depreciation 0.02 0.04 0.05 0.10 0.01 0.01 0.01 0.02 0.02 0.01 0.01 0.01 0.05
Profit before tax 1.59 2.01 0.67 0.75 0.37 0.30 0.28 0.18 0.02 0.12 1.03 0.88 1.35
Tax % 20.75% 20.40% 32.84% 17.33% 32.43% 40.00% 17.86% 38.89% 50.00% 25.00% 24.27% 25.00%
1.26 1.61 0.45 0.62 0.24 0.18 0.23 0.11 0.01 0.08 0.77 0.66 1.01
EPS in Rs 1.05 1.34 0.37 0.50 0.19 0.15 0.19 0.09 0.01 0.06 0.62 0.53 0.81
Dividend Payout % 58.76% 53.65% 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: 3%
5 Years: 13%
3 Years: 112%
TTM: 49%
Compounded Profit Growth
10 Years: -10%
5 Years: 19%
3 Years: 283%
TTM: 36%
Stock Price CAGR
10 Years: -35%
5 Years: -4%
3 Years: -2%
1 Year: 90%
Return on Equity
10 Years: 2%
5 Years: 2%
3 Years: 2%
Last Year: 3%

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 12.34 12.34 12.34 12.34 12.34 12.34 12.34 12.34 12.34 12.34 12.34 12.34 12.34
Reserves 5.22 5.83 6.28 6.89 7.13 7.31 7.54 7.65 7.66 7.74 7.96 8.92 9.28
0.12 0.40 1.61 1.72 1.97 0.54 0.18 0.24 0.36 0.30 0.20 0.19 0.00
6.09 5.68 9.64 6.41 6.61 6.44 4.95 4.78 3.84 3.27 3.51 3.45 3.70
Total Liabilities 23.77 24.25 29.87 27.36 28.05 26.63 25.01 25.01 24.20 23.65 24.01 24.90 25.32
0.13 0.20 0.25 0.09 0.08 0.06 0.05 0.09 0.08 3.25 3.24 4.20 5.17
CWIP 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
Investments 8.45 5.05 4.33 4.31 4.43 4.39 6.02 7.29 7.29 4.10 4.10 4.50 4.10
15.19 19.00 25.29 22.96 23.54 22.18 18.94 17.63 16.83 16.30 16.67 16.20 16.05
Total Assets 23.77 24.25 29.87 27.36 28.05 26.63 25.01 25.01 24.20 23.65 24.01 24.90 25.32

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
6.38 -4.03 -0.73 -0.63 0.08 0.36 1.78 0.97 -0.27 0.05 -3.07 -0.96
-7.18 4.11 0.78 0.48 -0.10 0.10 -1.55 -1.33 0.00 0.00 0.00 -1.04
-0.78 0.04 0.00 0.11 0.10 -0.60 -0.25 0.42 0.19 -0.01 3.17 2.36
Net Cash Flow -1.58 0.12 0.05 -0.04 0.09 -0.15 -0.02 0.05 -0.09 0.04 0.10 0.37

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 867.99 400.13 70.11 113.54 115.47 162.42 163.13 140.83 406.71 188.29 18.95 76.96
Inventory Days 2,395.31 3,285.00 866.88
Days Payable 433.44 225.95 78.21
Cash Conversion Cycle 867.99 400.13 70.11 113.54 115.47 162.42 163.13 140.83 406.71 2,150.17 3,078.00 865.62
Working Capital Days 3,921.52 1,855.54 946.53 1,253.11 1,513.82 2,783.12 2,703.85 3,451.69 12,795.86 3,545.71 1,223.65 1,265.41
ROCE % 6.14% 11.09% 3.45% 3.64% 1.75% 1.44% 1.39% 0.89% 0.10% 0.59% 5.58% 3.58%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
17.59% 19.21% 20.23% 20.34% 20.66% 22.06% 22.39% 23.20% 23.29% 23.29% 23.29% 23.29%
82.41% 80.79% 79.77% 79.66% 79.34% 77.94% 77.62% 76.81% 76.72% 76.71% 76.71% 76.71%
No. of Shareholders 1,0471,1691,1831,3021,5261,6331,6161,6251,6661,6851,7301,890

Documents

Announcements

Annual reports