Radhe Developers (India) Ltd

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

Radhe Developers (India) Ltd

₹ 1.48 -1.99%
04 Mar 4:01 p.m.
radhedevelopers.com BSE: 531273
About

Incorporated in 1995, Radhe Developers (India) Ltd is in the business of Construction and Real Estate development[1]

Key Points

Business Overview:[1][2]
RDIL is primarily engaged in Real Estate business activities. It has various projects spread across in and around Ahmedabad which includes:
a) Residential developments
b) Commercial developments
c) Plotting projects
d) Social infrastructure developments

Website BSE
  • Market Cap ₹ 81.2 Cr.
  • Current Price ₹ 1.48
  • High / Low ₹ 3.03 / 1.26
  • Stock P/E 15.0
  • Book Value ₹ 1.24
  • Dividend Yield 0.00 %
  • ROCE 2.63 %
  • ROE 2.43 %
  • Face Value ₹ 1.00
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Pros

  • Stock is trading at 1.19 times its book value
  • Promoter holding has increased by 2.42% over last quarter.

Cons

  • Company has a low return on equity of -1.50% over last 3 years.
  • Company might be capitalizing the interest cost

* 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

Consumer Discretionary Realty Realty Residential, Commercial Projects

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Quarterly Results

Figures in Rs. Crores

Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
4.97 0.54 1.25 0.00 1.22 4.29 0.20 3.27 0.00 4.19 6.15 2.49 0.08
2.39 5.70 1.42 1.12 2.62 4.54 0.80 1.27 1.12 1.30 1.41 1.37 1.18
Operating Profit 2.58 -5.16 -0.17 -1.12 -1.40 -0.25 -0.60 2.00 -1.12 2.89 4.74 1.12 -1.10
OPM % 51.91% -955.56% -13.60% -114.75% -5.83% -300.00% 61.16% 68.97% 77.07% 44.98% -1,375.00%
2.99 -2.00 -0.14 0.00 0.01 0.15 0.00 0.00 0.03 0.00 0.00 0.01 0.02
Interest 0.02 0.28 0.04 0.04 0.07 0.51 0.24 0.30 0.02 0.45 0.20 0.18 0.21
Depreciation 0.12 0.17 0.23 0.23 0.31 0.20 0.18 0.18 0.18 0.19 0.18 0.18 0.25
Profit before tax 5.43 -7.61 -0.58 -1.39 -1.77 -0.81 -1.02 1.52 -1.29 2.25 4.36 0.77 -1.54
Tax % 28.18% -22.86% -8.62% 0.00% -3.39% 22.22% 0.00% 2.63% 6.98% -0.44% 11.01% -2.60% -0.65%
3.90 -5.86 -0.53 -1.39 -1.71 -0.99 -1.02 1.49 -1.38 2.26 3.88 0.79 -1.53
EPS in Rs 0.08 -0.12 -0.01 -0.03 -0.03 -0.02 -0.02 0.03 -0.03 0.04 0.07 0.02 -0.03
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
0.15 0.31 16.57 5.52 9.99 10.65 3.86 0.89 43.60 14.34 6.76 7.66 12.91
0.62 1.04 12.30 5.75 9.06 10.04 5.21 3.08 10.82 12.89 9.55 4.47 5.26
Operating Profit -0.47 -0.73 4.27 -0.23 0.93 0.61 -1.35 -2.19 32.78 1.45 -2.79 3.19 7.65
OPM % -313.33% -235.48% 25.77% -4.17% 9.31% 5.73% -34.97% -246.07% 75.18% 10.11% -41.27% 41.64% 59.26%
-0.03 0.00 0.03 1.98 1.02 0.15 0.01 -0.25 0.02 0.99 -0.12 0.03 0.03
Interest 0.20 0.20 0.04 0.05 0.32 0.18 0.04 0.04 0.10 0.34 0.68 1.03 1.04
Depreciation 0.16 0.28 0.27 0.44 0.59 0.58 0.59 0.56 0.36 0.51 0.97 0.74 0.80
Profit before tax -0.86 -1.21 3.99 1.26 1.04 0.00 -1.97 -3.04 32.34 1.59 -4.56 1.45 5.84
Tax % -1.16% -3.31% 25.81% 19.84% 39.42% -3.05% -4.28% 21.99% 55.35% 1.75% 7.59%
-0.84 -1.17 2.97 1.01 0.63 -0.05 -1.91 -2.91 25.23 0.71 -4.63 1.35 5.40
EPS in Rs -0.02 -0.02 0.06 0.02 0.01 -0.00 -0.04 -0.06 0.50 0.01 -0.09 0.03 0.10
Dividend Payout % 0.00% 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: 38%
5 Years: 15%
3 Years: -44%
TTM: 66%
Compounded Profit Growth
10 Years: 12%
5 Years: 22%
3 Years: -62%
TTM: 384%
Stock Price CAGR
10 Years: 5%
5 Years: 27%
3 Years: -43%
1 Year: -24%
Return on Equity
10 Years: 6%
5 Years: 9%
3 Years: -2%
Last Year: 2%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 25.18 25.18 25.18 25.18 25.18 25.18 25.18 25.18 25.18 50.36 50.36 52.37 52.37
Reserves 7.01 5.82 8.78 8.24 8.88 8.83 6.93 4.02 29.26 4.80 0.19 8.16 12.82
2.88 0.15 3.87 3.37 8.38 0.18 1.10 0.49 10.48 22.78 42.43 34.92 36.03
34.31 39.60 27.56 25.16 21.49 25.39 26.85 28.60 34.10 47.92 46.90 45.67 39.96
Total Liabilities 69.38 70.75 65.39 61.95 63.93 59.58 60.06 58.29 99.02 125.86 139.88 141.12 141.18
1.23 0.86 2.08 3.83 3.26 2.69 3.04 1.43 2.88 5.10 3.41 2.76 2.41
CWIP 0.41 0.41 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.08 0.09 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
67.66 69.39 63.30 58.12 60.67 56.89 57.02 56.86 96.14 120.76 136.47 138.36 138.77
Total Assets 69.38 70.75 65.39 61.95 63.93 59.58 60.06 58.29 99.02 125.86 139.88 141.12 141.18

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-7.30 -3.10 -5.04 2.81 -2.00 5.26 -0.14 -0.02 -8.39 -9.14 -18.66 -0.83
-0.01 0.03 -0.93 -2.21 -0.03 0.00 -0.95 0.81 -1.78 -2.73 0.58 -0.09
6.80 5.86 3.69 -1.06 2.29 -5.34 0.93 -0.65 9.90 11.98 18.98 0.04
Net Cash Flow -0.51 2.79 -2.29 -0.47 0.26 -0.09 -0.15 0.15 -0.26 0.11 0.90 -0.87

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 2,263.00 941.94 68.51 7.93 4.75 0.69 0.95 4.10 0.08 0.25 16.74 0.00
Inventory Days 3,947.29 17,621.39 3,930.08 1,130.62 3,618.66 11,372.94
Days Payable 222.96 1,345.09 256.24 33.43 108.76 492.46
Cash Conversion Cycle 2,263.00 941.94 3,792.83 16,284.23 3,678.59 1,097.88 3,510.84 10,884.58 0.08 0.25 16.74 0.00
Working Capital Days 45,260.00 -8,665.81 -66.52 833.81 457.80 341.69 778.23 1,250.84 -100.96 -353.80 -669.53 -128.18
ROCE % -1.75% -3.02% 11.86% 3.56% 3.46% 0.47% -5.73% -8.74% 68.58% 2.70% -4.38% 2.63%

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Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Feb 2026
44.49% 44.58% 44.98% 45.16% 45.16% 45.16% 47.27% 47.27% 47.27% 47.27% 47.27% 49.69%
0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04%
55.48% 55.38% 54.97% 54.79% 54.80% 54.80% 52.69% 52.68% 52.69% 52.69% 52.69% 50.27%
No. of Shareholders 31,39835,07138,50644,86644,24945,24245,73545,73944,62845,30045,53145,391

* 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.

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Documents

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