Reliable Ventures India Ltd
Incorporated in 1996, Reliable Ventures India Ltd is in the business of Hotel, Restaurant & allied activities[1]
- Market Cap ₹ 28.7 Cr.
- Current Price ₹ 26.1
- High / Low ₹ 32.4 / 8.35
- Stock P/E
- Book Value ₹ 28.2
- Dividend Yield 0.00 %
- ROCE -2.66 %
- ROE -3.58 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.92 times its book value
- Promoter holding has increased by 1.14% over last quarter.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -17.6% over past five years.
- Company has a low return on equity of 0.39% over last 3 years.
- Debtor days have increased from 48.1 to 59.9 days.
- Company's cost of borrowing seems high
* 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
15.17 | 16.08 | 15.50 | 13.24 | 13.95 | 14.82 | 16.33 | 17.62 | 18.29 | 9.98 | 18.25 | 6.22 | 1.76 | |
11.68 | 12.63 | 12.16 | 11.23 | 11.89 | 11.89 | 13.75 | 14.32 | 15.47 | 9.76 | 13.74 | 6.40 | 2.82 | |
Operating Profit | 3.49 | 3.45 | 3.34 | 2.01 | 2.06 | 2.93 | 2.58 | 3.30 | 2.82 | 0.22 | 4.51 | -0.18 | -1.06 |
OPM % | 23.01% | 21.46% | 21.55% | 15.18% | 14.77% | 19.77% | 15.80% | 18.73% | 15.42% | 2.20% | 24.71% | -2.89% | -60.23% |
0.24 | 0.38 | 0.43 | 0.50 | 0.37 | 0.42 | 0.31 | 0.47 | 1.14 | 0.18 | 0.19 | 0.21 | 0.20 | |
Interest | 0.01 | 0.00 | 0.00 | 0.01 | 0.03 | 0.03 | 0.02 | 0.01 | 0.00 | 0.03 | 0.05 | 0.20 | 0.04 |
Depreciation | 1.07 | 1.14 | 1.21 | 1.49 | 0.79 | 1.38 | 2.71 | 1.55 | 1.39 | 0.97 | 0.99 | 0.90 | 0.86 |
Profit before tax | 2.65 | 2.69 | 2.56 | 1.01 | 1.61 | 1.94 | 0.16 | 2.21 | 2.57 | -0.60 | 3.66 | -1.07 | -1.76 |
Tax % | 30.19% | 30.11% | 30.86% | 29.70% | 19.25% | 27.32% | -50.00% | 18.10% | 28.40% | -6.67% | 41.80% | -5.61% | |
1.85 | 1.87 | 1.76 | 0.71 | 1.30 | 1.42 | 0.24 | 1.81 | 1.85 | -0.64 | 2.14 | -1.14 | -1.83 | |
EPS in Rs | 1.68 | 1.70 | 1.60 | 0.64 | 1.18 | 1.29 | 0.22 | 1.64 | 1.68 | -0.58 | 1.94 | -1.04 | -1.67 |
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: | -9% |
5 Years: | -18% |
3 Years: | -30% |
TTM: | -84% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -177% |
Stock Price CAGR | |
---|---|
10 Years: | 5% |
5 Years: | 14% |
3 Years: | 53% |
1 Year: | 182% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 3% |
3 Years: | 0% |
Last Year: | -4% |
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 | 11.01 | 11.01 | 11.01 | 11.01 | 11.01 | 11.01 | 11.01 | 11.01 | 11.01 | 11.01 | 11.01 | 11.01 | 11.01 |
Reserves | 7.45 | 9.32 | 11.08 | 11.43 | 12.72 | 14.86 | 15.16 | 17.04 | 18.53 | 18.69 | 21.13 | 20.55 | 20.10 |
7.73 | 5.92 | 5.20 | 5.03 | 2.48 | 1.76 | 1.27 | 1.24 | 0.40 | 1.08 | 0.95 | 0.80 | 0.78 | |
4.16 | 5.47 | 5.57 | 5.80 | 6.81 | 1.69 | 2.17 | 2.04 | 2.48 | 3.48 | 6.03 | 5.15 | 5.97 | |
Total Liabilities | 30.35 | 31.72 | 32.86 | 33.27 | 33.02 | 29.32 | 29.61 | 31.33 | 32.42 | 34.26 | 39.12 | 37.51 | 37.86 |
22.11 | 22.69 | 21.98 | 20.84 | 22.93 | 22.06 | 20.17 | 20.34 | 19.24 | 19.34 | 18.89 | 18.76 | 18.22 | |
CWIP | 0.08 | 0.35 | 0.59 | 1.15 | 0.55 | 0.96 | 1.01 | 0.51 | 0.88 | 0.88 | 1.05 | 1.05 | 1.05 |
Investments | 0.00 | 0.00 | 1.44 | 2.24 | 1.37 | 1.93 | 3.39 | 5.16 | 7.46 | 7.83 | 8.57 | 12.63 | 13.16 |
8.16 | 8.68 | 8.85 | 9.04 | 8.17 | 4.37 | 5.04 | 5.32 | 4.84 | 6.21 | 10.61 | 5.07 | 5.43 | |
Total Assets | 30.35 | 31.72 | 32.86 | 33.27 | 33.02 | 29.32 | 29.61 | 31.33 | 32.42 | 34.26 | 39.12 | 37.51 | 37.86 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2.80 | 3.88 | 1.84 | 2.07 | 1.95 | 2.11 | 3.00 | 3.41 | 2.17 | 1.31 | 4.09 | 0.43 | |
-1.69 | -2.36 | -0.82 | -1.80 | -1.25 | -1.34 | -2.22 | -3.02 | -2.91 | -0.40 | -0.85 | -4.81 | |
-1.45 | -1.82 | -0.73 | -0.18 | -2.58 | -0.75 | -0.41 | -0.03 | 0.00 | 0.65 | -0.18 | -0.35 | |
Net Cash Flow | -0.34 | -0.30 | 0.29 | 0.09 | -1.88 | 0.02 | 0.37 | 0.36 | -0.75 | 1.55 | 3.06 | -4.72 |
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 | 21.41 | 19.75 | 22.37 | 23.43 | 26.95 | 43.35 | 34.64 | 29.83 | 27.34 | 46.81 | 37.60 | 59.86 |
Inventory Days | 58.53 | 47.17 | 90.67 | 69.38 | 58.51 | 63.75 | 56.78 | 55.81 | 47.37 | 79.23 | 52.25 | 129.52 |
Days Payable | 52.03 | 48.72 | 67.42 | 51.28 | 64.08 | 56.55 | 69.40 | 79.73 | 58.24 | 83.13 | 62.55 | 190.35 |
Cash Conversion Cycle | 27.92 | 18.20 | 45.62 | 41.53 | 21.38 | 50.54 | 22.03 | 5.91 | 16.47 | 42.92 | 27.30 | -0.98 |
Working Capital Days | 31.52 | 25.20 | 28.02 | 44.94 | 40.82 | 56.65 | 48.28 | 32.52 | 27.54 | 6.22 | -3.60 | -2.35 |
ROCE % | 10.35% | 10.26% | 9.56% | 3.73% | 6.11% | 7.36% | 0.65% | 7.83% | 8.68% | -1.88% | 11.62% | -2.66% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Investor Presentation
27 Feb - In response to BSE price query bearing No.L/SURV/ONL/PV/AV/2023-24/600 dated 22-02-2024 regarding price movement of the equity shares of the company attached is the response of …
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Clarification sought from Reliable Ventures India Ltd
22 Feb - Exchange has sought clarification from Reliable Ventures India Ltd on February 22, 2024, with reference to Movement in Price.
- Unaudited Financial Results Of The Reliable Vetures India Ltd.(532124) For The Quarter And Nine Months Ended 31-12-2023 14 Feb
- Financial Results For The Quarter Ended 31-12-2023 Of Reliable Ventures India Ltd. 13 Feb
- Board Meeting Intimation for Notice Of The Board Meeting Of Reliable Ventures Indi Ltd. To Be Held On 13Th Day Of February, 2024 3 Feb
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
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Financial Year 2009
from bse
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Financial Year 2008
from bse
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Financial Year 2007
from bse
Business Overview:[1]
Company runs a 5 star Heritage Hotel Noor-Us-Sabah Palace in Bhopal and has 2 retail stores called Wonder Bread outlets, which offers wide range of bakery and confectionary products