Reliable Ventures India Ltd
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]
- 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
Quarterly Results
Figures in Rs. Crores
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% |
Documents
Announcements
- Board Meeting Intimation for Board Meeting Of Reliable Ventures India Ltd. To Be Held On 14Th February 2023 To Consider And Approve Quarterly Accounts Of The Company 1d
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Jan - Attached is the aforesaid certificate which may please be taken on record
- Financial Results Of Reliable Ventures India Ltd. For The Quarter And Half Year Ended 30-09-2022 23 Nov 2022
- Financial Results Of Reliable Ventures India Ltd. For The Quarter And Half Year Ended 30-09-2022 22 Nov 2022
- Results-Delay in Financial Results 15 Nov 2022
Facilities
Business Centre
Royal Hamam - Public Steam Bath
Royal Libas - Clothing Store
Fitness And Health Club[1]