Rainbow Foundations Ltd

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

Rainbow Foundations Ltd

₹ 16.2 -0.49%
18 Apr 4:01 p.m.
rainbowfoundations.in BSE: 531694
About

Incorporated in 1994, Rainbow Foundations Limited is in the business of Real estate sales and development.

Key Points

Business Overview:[1][2]
Company undertakes Engineering, Procurement and Construction business. Type of work in the contracts with customers involve construction, engineering, designing, supply of materials, development of system, installation, project management, operations and maintenance. At present, company is engaged in building of Flats, Commercial Complexes and Resorts. Company is also engaged in the development and marketing of plots and pieces of land.

Website BSE
  • Market Cap ₹ 80.2 Cr.
  • Current Price ₹ 16.2
  • High / Low ₹ 19.6 / 8.60
  • Stock P/E 138
  • Book Value ₹ 14.0
  • Dividend Yield 0.00 %
  • ROCE 4.05 %
  • ROE 3.06 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Stock is trading at 1.17 times its book value
  • Company is expected to give good quarter

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 3.48% over last 3 years.
  • Company might be capitalizing the interest cost
  • Company has high debtors of 403 days.

* 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: Realty Industry: Construction

Edit Columns
Loading peers table ...

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
11.65 9.96 5.68 22.17 6.32 1.85 6.84 7.93 9.93 15.55 16.69 21.01 22.84
9.72 8.14 4.05 20.85 5.62 1.40 5.17 5.75 6.84 12.36 11.92 16.36 17.35
Operating Profit 1.93 1.82 1.63 1.32 0.70 0.45 1.67 2.18 3.09 3.19 4.77 4.65 5.49
OPM % 16.57% 18.27% 28.70% 5.95% 11.08% 24.32% 24.42% 27.49% 31.12% 20.51% 28.58% 22.13% 24.04%
0.85 0.62 0.85 0.06 0.09 2.54 1.12 1.40 1.24 1.56 1.34 1.42 0.66
Interest 1.98 2.37 2.15 1.08 0.53 2.52 1.99 3.27 3.67 4.58 5.52 5.54 5.84
Depreciation 0.03 0.04 0.06 0.03 0.00 0.03 0.03 0.03 0.03 0.03 0.13 0.12 0.15
Profit before tax 0.77 0.03 0.27 0.27 0.26 0.44 0.77 0.28 0.63 0.14 0.46 0.41 0.16
Tax % 0.00% 1,266.67% 0.00% 0.00% 0.00% 97.73% 0.00% 0.00% 25.40% 350.00% 0.00% 9.76% 43.75%
0.76 -0.35 0.27 0.27 0.26 0.02 0.77 0.29 0.48 -0.34 0.46 0.37 0.09
EPS in Rs 0.15 -0.07 0.05 0.05 0.05 0.00 0.16 0.06 0.10 -0.07 0.09 0.07 0.02
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
13.19 14.01 14.57 31.21 29.71 46.40 55.38 37.76 25.85 34.62 36.02 40.24 76.09
11.18 11.96 12.05 26.72 23.19 34.85 41.06 32.64 20.82 28.23 31.76 30.10 57.99
Operating Profit 2.01 2.05 2.52 4.49 6.52 11.55 14.32 5.12 5.03 6.39 4.26 10.14 18.10
OPM % 15.24% 14.63% 17.30% 14.39% 21.95% 24.89% 25.86% 13.56% 19.46% 18.46% 11.83% 25.20% 23.79%
0.23 0.29 1.40 1.10 1.20 0.71 0.95 1.90 3.31 3.06 3.37 5.33 4.98
Interest 1.63 1.50 2.60 4.58 5.66 9.74 12.93 5.74 5.92 7.78 6.27 13.52 21.48
Depreciation 0.10 0.08 0.06 0.04 0.03 0.08 0.09 0.12 0.09 0.14 0.11 0.11 0.43
Profit before tax 0.51 0.76 1.26 0.97 2.03 2.44 2.25 1.16 2.33 1.53 1.25 1.84 1.17
Tax % 31.37% 34.21% 32.54% 36.08% 35.47% 34.84% 33.33% 44.83% 26.61% 24.84% 76.00% 26.63%
0.35 0.50 0.84 0.61 1.30 1.59 1.50 0.64 1.70 1.14 0.30 1.35 0.58
EPS in Rs 0.07 0.10 0.17 0.12 0.26 0.32 0.30 0.13 0.34 0.23 0.06 0.27 0.11
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: 11%
5 Years: -6%
3 Years: 16%
TTM: 187%
Compounded Profit Growth
10 Years: 10%
5 Years: -2%
3 Years: -7%
TTM: -63%
Stock Price CAGR
10 Years: 13%
5 Years: 18%
3 Years: 61%
1 Year: 73%
Return on Equity
10 Years: 6%
5 Years: 5%
3 Years: 3%
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 5.51 5.51 5.51 5.51 5.51 5.51 5.51 5.51 5.51 5.51 5.51 49.62 49.62
Reserves 3.50 4.00 4.84 5.44 6.74 8.34 9.84 10.48 12.19 13.32 13.62 19.38 20.08
Preference Capital 0.00 0.00 0.00 0.00 0.00 0.00 0.00 45.50 45.50 45.50 0.00 0.00
17.61 13.68 54.77 90.90 152.12 126.83 116.18 87.75 83.32 185.99 287.89 382.75 418.00
29.37 54.82 44.17 27.20 15.10 25.55 21.57 147.47 176.89 98.04 38.93 78.86 95.18
Total Liabilities 55.99 78.01 109.29 129.05 179.47 166.23 153.10 251.21 277.91 302.86 345.95 530.61 582.88
0.48 0.38 0.33 0.29 0.49 0.83 1.16 1.05 1.59 1.47 1.43 1.34 1.31
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 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.01 0.00 0.43 0.51 0.51 1.38
55.51 77.63 108.96 128.76 178.98 165.39 151.93 250.15 276.32 300.96 344.01 528.76 580.19
Total Assets 55.99 78.01 109.29 129.05 179.47 166.23 153.10 251.21 277.91 302.86 345.95 530.61 582.88

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
1.58 0.00 -0.03 -33.16 -0.05 0.03 19.15 -53.43 13.92 25.22 -39.15 -111.60
0.20 0.00 0.00 0.76 0.00 0.00 0.47 -40.06 -3.92 -1.86 -10.48 -10.20
-1.70 0.00 0.03 31.58 0.06 -0.04 -23.42 93.50 -10.33 -23.32 49.65 129.86
Net Cash Flow 0.08 0.00 0.00 -0.83 0.00 0.00 -3.79 0.00 -0.33 0.05 0.02 8.06

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 111.80 82.85 75.91 76.60 192.14 157.80 34.73 56.64 102.09 33.32 16.42 402.55
Inventory Days 1,619.22 1,926.19 2,429.71 1,624.68 2,434.42 1,450.40 1,282.64 2,285.23 4,184.45 3,252.96 3,288.59 5,096.15
Days Payable 815.94 1,364.40 1,102.99 312.31 142.28 208.22 143.12 196.44 558.41 684.68 421.07 937.07
Cash Conversion Cycle 915.07 644.64 1,402.63 1,388.97 2,484.29 1,399.99 1,174.25 2,145.44 3,728.13 2,601.60 2,883.94 4,561.63
Working Capital Days 863.66 898.04 1,790.68 1,219.90 1,994.42 1,101.37 883.76 1,425.97 2,040.05 2,605.29 2,580.84 3,647.28
ROCE % 8.36% 9.07% 8.52% 6.65% 5.78% 7.98% 11.15% 4.90% 5.58% 4.69% 2.75% 4.05%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
33.93% 33.93% 33.93% 33.93% 33.93% 41.48% 41.48% 41.48% 41.48% 41.48% 41.48% 41.48%
66.07% 66.07% 66.07% 66.07% 66.07% 58.52% 58.52% 58.52% 58.52% 58.53% 58.52% 58.53%
No. of Shareholders 1,6921,6901,7521,8552,1992,9232,8942,8592,9132,9543,1563,669

Documents

Announcements

Annual reports

Credit ratings