Rainbow Foundations Ltd

Rainbow Foundations Ltd

₹ 39.9 0.99%
12 Jun - close price
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.

  • Market Cap 198 Cr.
  • Current Price 39.9
  • High / Low 139 / 35.6
  • Stock P/E 26.0
  • Book Value 17.6
  • Dividend Yield 0.00 %
  • ROCE 7.81 %
  • ROE 9.08 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 46.2% CAGR over last 5 years
  • Debtor days have improved from 158 to 95.5 days.
  • Company's median sales growth is 15.5% of last 10 years

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 8.15% over last 3 years.
  • Company might be capitalizing the interest cost
  • Working capital days have increased from 295 days to 474 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
15.55 16.69 21.01 22.84 32.94 31.86 33.24 34.18 32.94 50.34 34.79 38.37 43.26
12.36 11.92 16.36 17.35 24.41 24.02 24.84 24.88 24.41 39.19 25.27 27.56 27.24
Operating Profit 3.19 4.77 4.65 5.49 8.53 7.84 8.40 9.30 8.53 11.15 9.52 10.81 16.02
OPM % 20.51% 28.58% 22.13% 24.04% 25.90% 24.61% 25.27% 27.21% 25.90% 22.15% 27.36% 28.17% 37.03%
1.56 1.34 1.42 0.66 0.31 0.18 0.21 0.29 0.31 0.22 0.18 -0.52 0.34
Interest 4.58 5.52 5.54 5.84 5.45 6.20 6.31 7.66 5.45 9.42 8.05 8.96 10.76
Depreciation 0.03 0.13 0.12 0.15 0.14 0.12 0.08 0.12 0.14 0.09 0.09 0.09 0.07
Profit before tax 0.14 0.46 0.41 0.16 3.25 1.70 2.22 1.81 3.25 1.86 1.56 1.24 5.53
Tax % 350.00% 0.00% 0.00% 43.75% 6.77% 36.47% 32.43% 14.92% 6.77% 27.42% 27.56% 41.13% 29.29%
-0.34 0.46 0.41 0.09 3.03 1.08 1.50 1.54 3.03 1.35 1.12 0.73 3.91
EPS in Rs -0.07 0.09 0.08 0.02 0.61 0.22 0.30 0.31 0.61 0.27 0.23 0.15 0.79
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
31 30 46 55 38 26 35 36 40 93 156 167
27 23 35 41 33 21 28 32 30 70 117 119
Operating Profit 4 7 12 14 5 5 6 4 10 23 40 48
OPM % 14% 22% 25% 26% 14% 19% 18% 12% 25% 25% 25% 28%
1 1 1 1 2 3 3 3 5 4 1 0
Interest 5 6 10 13 6 6 8 6 14 22 29 37
Depreciation 0 0 0 0 0 0 0 0 0 1 0 0
Profit before tax 1 2 2 2 1 2 2 1 2 4 11 10
Tax % 36% 35% 35% 33% 45% 27% 25% 76% 27% 26% 27% 30%
1 1 2 2 1 2 1 0 1 3 8 7
EPS in Rs 0.12 0.26 0.32 0.30 0.13 0.34 0.23 0.06 0.27 0.64 1.61 1.43
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 19%
5 Years: 37%
3 Years: 61%
TTM: 7%
Compounded Profit Growth
10 Years: 19%
5 Years: 46%
3 Years: 78%
TTM: -5%
Stock Price CAGR
10 Years: 18%
5 Years: 38%
3 Years: 58%
1 Year: -15%
Return on Equity
10 Years: 7%
5 Years: 7%
3 Years: 8%
Last Year: 9%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 6 6 6 6 6 6 6 6 50 50 50 50
Reserves 5 7 8 10 10 12 13 14 19 23 31 38
91 152 127 116 133 129 231 288 383 471 583 481
27 15 26 22 102 131 53 39 79 73 75 273
Total Liabilities 129 179 166 153 251 278 303 346 531 616 739 841
0 0 1 1 1 2 1 1 1 2 2 2
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 1 1 2 4 4
129 179 165 152 250 276 301 344 529 612 733 835
Total Assets 129 179 166 153 251 278 303 346 531 616 739 841

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-33 -0 0 19 -53 14 25 -39 -112 -158 -81 -24
1 0 0 0 -40 -4 -2 -10 -10 84 -2 -7
32 0 -0 -23 94 -10 -23 50 130 67 83 32
Net Cash Flow -1 0 0 -4 0 -0 0 0 8 -7 1 1
Free Cash Flow -33 -0 0 19 -53 13 25 -39 -112 -160 -81 -24
CFO/OP -729% -1% 0% 141% -1,037% 288% 400% -897% -1,096% -674% -199% -44%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 77 192 158 35 57 102 33 16 403 238 141 96
Inventory Days 1,625 2,434 1,450 1,283 2,285 4,184 3,253 3,289 5,096 2,937 2,119 2,431
Days Payable 312 142 208 143 196 558 685 421 937 350 203 36
Cash Conversion Cycle 1,389 2,484 1,400 1,174 2,145 3,728 2,602 2,884 4,562 2,825 2,056 2,491
Working Capital Days 157 128 106 118 580 1,043 790 653 1,229 251 161 474
ROCE % 7% 6% 8% 11% 5% 6% 5% 3% 4% 5% 7% 8%

Insights

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Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2024 Mar 2025
Value of Stock in Trade (Completed Units)
INR Lakhs

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Value of Work in Progress (Ongoing Projects)
INR Lakhs
Investment in Purchase of Plots/Land/UDS
INR Lakhs
Number of Ongoing Projects
Number
Number of Completed Projects (Cumulative)
Number
Projects Completed during the Year
Number

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
41.48% 41.48% 41.48% 41.48% 41.48% 41.48% 41.48% 41.48% 41.48% 41.48% 41.48% 41.48%
58.53% 58.52% 58.53% 58.53% 58.52% 58.53% 58.52% 58.52% 58.53% 58.53% 58.52% 58.53%
No. of Shareholders 2,9543,1563,6694,0223,9754,3854,4904,7735,0144,8274,5594,518

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