Reliable Ventures India Ltd

₹ 13.2 -0.23%
27 Jan - close price
About

Reliable Venture India Limited is engaged in the hospitality business. The Company is involved in the business of hotel, restaurant and allied activities.. The Company is operating a hotel undertaking of Noor-Us-Sabah Palace, VIP Road, Bhopal. It also operates two stores in the name of Wonder Bread outlets, which offers a wide range of bakery and confectionary products at a very nominal price. [1] [2] [3]

Key Points

Facilities
Business Centre
Royal Hamam - Public Steam Bath
Royal Libas - Clothing Store
Fitness And Health Club[1]

  • Market Cap 14.6 Cr.
  • Current Price 13.2
  • High / Low 22.2 / 10.3
  • Stock P/E 9.54
  • Book Value 29.1
  • Dividend Yield 0.00 %
  • ROCE 11.6 %
  • ROE 6.92 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.46 times its book value

Cons

  • The company has delivered a poor sales growth of 4.25% over past five years.
  • Company has a low return on equity of 3.75% 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: Hotels & Restaurants Industry: Hotels

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Quarterly Results

Figures in Rs. Crores

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
3.23 6.23 4.99 0.31 1.41 3.83 4.43 2.01 4.61 6.38 5.26 4.45 0.91
3.63 4.12 4.03 1.29 2.11 2.92 3.45 2.28 3.40 4.07 4.01 4.01 1.07
Operating Profit -0.40 2.11 0.96 -0.98 -0.70 0.91 0.98 -0.27 1.21 2.31 1.25 0.44 -0.16
OPM % -12.38% 33.87% 19.24% -316.13% -49.65% 23.76% 22.12% -13.43% 26.25% 36.21% 23.76% 9.89% -17.58%
0.94 0.17 0.09 0.04 0.01 0.03 0.11 0.02 0.02 0.11 0.04 0.03 0.07
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.01 0.01 0.01 0.01 0.01 0.13
Depreciation 0.24 0.25 0.67 0.27 0.22 0.24 0.23 0.23 0.23 0.29 0.23 0.22 0.23
Profit before tax 0.30 2.03 0.38 -1.21 -0.91 0.70 0.83 -0.49 0.99 2.12 1.05 0.24 -0.45
Tax % 23.33% 20.20% 55.26% 0.00% -2.20% 2.86% -1.20% -2.04% 13.13% 15.57% 101.90% 29.17% 6.67%
Net Profit 0.23 1.62 0.17 -1.21 -0.93 0.68 0.83 -0.50 0.86 1.79 -0.02 0.17 -0.41
EPS in Rs 0.21 1.47 0.15 -1.10 -0.84 0.62 0.75 -0.45 0.78 1.63 -0.02 0.15 -0.37
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
12.79 15.17 16.08 15.50 13.24 13.95 14.82 16.33 17.62 18.29 9.98 18.25 17.00
9.47 11.68 12.63 12.16 11.23 11.89 11.89 13.75 14.32 15.47 9.76 13.74 13.16
Operating Profit 3.32 3.49 3.45 3.34 2.01 2.06 2.93 2.58 3.30 2.82 0.22 4.51 3.84
OPM % 25.96% 23.01% 21.46% 21.55% 15.18% 14.77% 19.77% 15.80% 18.73% 15.42% 2.20% 24.71% 22.59%
0.22 0.24 0.38 0.43 0.50 0.37 0.42 0.31 0.47 1.14 0.18 0.19 0.25
Interest 0.02 0.01 0.00 0.00 0.01 0.03 0.03 0.02 0.01 0.00 0.03 0.05 0.16
Depreciation 1.01 1.07 1.14 1.21 1.49 0.79 1.38 2.71 1.55 1.39 0.97 0.99 0.97
Profit before tax 2.51 2.65 2.69 2.56 1.01 1.61 1.94 0.16 2.21 2.57 -0.60 3.66 2.96
Tax % 30.28% 30.19% 30.11% 30.86% 29.70% 19.25% 27.32% -50.00% 18.10% 28.40% -6.67% 41.80%
Net Profit 1.75 1.85 1.87 1.76 0.71 1.30 1.42 0.24 1.81 1.85 -0.64 2.14 1.53
EPS in Rs 1.59 1.68 1.70 1.60 0.64 1.18 1.29 0.22 1.64 1.68 -0.58 1.94 1.39
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: 2%
5 Years: 4%
3 Years: 1%
TTM: 14%
Compounded Profit Growth
10 Years: 1%
5 Years: 8%
3 Years: 6%
TTM: -18%
Stock Price CAGR
10 Years: 1%
5 Years: -6%
3 Years: 1%
1 Year: -4%
Return on Equity
10 Years: 5%
5 Years: 4%
3 Years: 4%
Last Year: 7%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
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 5.60 7.45 9.32 11.08 11.43 12.72 14.86 15.16 17.04 18.53 18.69 21.13 21.05
9.18 7.73 5.92 5.20 5.03 2.48 1.76 1.27 1.24 0.40 1.08 0.95 0.83
3.37 4.16 5.47 5.57 5.80 6.81 1.69 2.17 2.04 2.48 3.48 6.03 6.36
Total Liabilities 29.16 30.35 31.72 32.86 33.27 33.02 29.32 29.61 31.33 32.42 34.26 39.12 39.25
21.73 22.11 22.69 21.98 20.84 22.93 22.06 20.17 20.34 19.24 19.34 18.89 19.15
CWIP 0.32 0.08 0.35 0.59 1.15 0.55 0.96 1.01 0.51 0.88 0.88 1.05 1.05
Investments 0.00 0.00 0.00 1.44 2.24 1.37 1.93 3.39 5.16 7.46 7.83 8.57 12.74
7.11 8.16 8.68 8.85 9.04 8.17 4.37 5.04 5.32 4.84 6.21 10.61 6.31
Total Assets 29.16 30.35 31.72 32.86 33.27 33.02 29.32 29.61 31.33 32.42 34.26 39.12 39.25

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
3.17 2.80 3.88 1.84 2.07 1.95 2.11 3.00 3.41 2.17 1.31 4.09
-1.51 -1.69 -2.36 -0.82 -1.80 -1.25 -1.34 -2.22 -3.02 -2.91 -0.40 -0.85
-1.37 -1.45 -1.82 -0.73 -0.18 -2.58 -0.75 -0.41 -0.03 0.00 0.65 -0.18
Net Cash Flow 0.29 -0.34 -0.30 0.29 0.09 -1.88 0.02 0.37 0.36 -0.75 1.55 3.06

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 17.98 21.41 19.75 22.37 23.43 26.95 43.35 34.64 29.83 27.34 46.81 37.60
Inventory Days 127.92 58.53 47.17 90.67 69.38 58.51 63.75 56.78 55.81 47.37 79.23 52.25
Days Payable 133.04 52.03 48.72 67.42 51.28 64.08 56.55 69.40 79.73 58.24 83.13 62.55
Cash Conversion Cycle 12.86 27.92 18.20 45.62 41.53 21.38 50.54 22.03 5.91 16.47 42.92 27.30
Working Capital Days 12.27 31.52 25.20 28.02 44.94 40.82 56.65 48.28 32.52 27.54 6.22 -3.60
ROCE % 10.16% 10.35% 10.26% 9.56% 3.73% 6.11% 7.36% 0.65% 7.83% 8.68% -1.88% 11.62%

Shareholding Pattern

Numbers in percentages

1 recently
Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
52.92 52.94 52.94 52.94 52.94 52.94 52.94 52.94 52.94 52.94 52.94 52.94
47.08 47.06 47.06 47.06 47.06 47.06 47.06 47.06 47.06 47.06 47.06 47.05

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