Ratnabhumi Developers Ltd

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

Ratnabhumi Developers Ltd

₹ 159 5.00%
12 Jun - close price
ratnagroup.co.in BSE: 540796
About

Incorporated in 2007, Ratnabhumi Developers Ltd is in the business of construction of buildings and other construction related services and renting services[1]

Key Points

Business Overview:[1]
RDL is a real estate development company and a part of the Ahmedabad-based Ratna group. All the projects of RDL are in the vicinity of Ahmedabad. The company has executed a total of 22 residential
and commercial projects to date and is currently executing three mixed- development projects under the brand Turquoise.

Website BSE
  • Market Cap ₹ 217 Cr.
  • Current Price ₹ 159
  • High / Low ₹ 184 / 88.0
  • Stock P/E 38.0
  • Book Value ₹ 29.8
  • Dividend Yield 0.00 %
  • ROCE 11.3 %
  • ROE 15.0 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company has delivered good profit growth of 73.8% CAGR over last 5 years

Cons

  • Stock is trading at 5.31 times its book value
  • 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 5.79% 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

Consumer Discretionary Realty Realty Residential, Commercial Projects

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
0.05 0.14 0.33 0.10 0.10 0.15 0.22 0.34 0.20 53.26 80.57 46.65 33.71
-1.02 -1.03 -1.32 -2.02 -2.35 -2.91 -3.35 -3.95 -5.07 46.20 75.83 42.90 27.69
Operating Profit 1.07 1.17 1.65 2.12 2.45 3.06 3.57 4.29 5.27 7.06 4.74 3.75 6.02
OPM % 2,140.00% 835.71% 500.00% 2,120.00% 2,450.00% 2,040.00% 1,622.73% 1,261.76% 2,635.00% 13.26% 5.88% 8.04% 17.86%
-0.00 -0.00 -0.00 -0.00 0.01 -0.00 -0.00 -0.00 0.38 0.25 0.33 0.38 0.39
Interest 1.67 1.21 1.52 1.92 2.39 3.02 3.48 4.08 4.97 4.89 4.02 3.15 2.84
Depreciation 0.01 0.02 0.01 0.05 0.05 0.03 0.04 0.18 0.54 0.25 0.25 0.25 0.25
Profit before tax -0.61 -0.06 0.12 0.15 0.02 0.01 0.05 0.03 0.14 2.17 0.80 0.73 3.32
Tax % -3.28% -0.00% -0.00% -0.00% -50.00% 100.00% -20.00% -0.00% -64.29% 7.37% 31.25% 10.96% 24.40%
-0.59 -0.06 0.11 0.15 0.03 -0.00 0.06 0.02 0.22 2.01 0.55 0.65 2.51
EPS in Rs -0.43 -0.04 0.08 0.11 0.02 -0.00 0.04 0.01 0.16 1.47 0.40 0.47 1.83
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
5 5 6 9 1 2 1 4 1 -11 -8 214
4 5 5 7 0 1 0 3 -3 -19 -23 193
Operating Profit 1 0 1 2 0 1 1 1 4 7 16 22
OPM % 24% 8% 17% 20% 44% 29% 62% 26% 748% 1,120% 3,094% 10%
1 2 2 1 0 -0 -0 -0 -1 0 1 1
Interest 2 1 0 0 0 0 0 0 3 7 16 15
Depreciation 0 0 0 0 0 0 0 0 0 0 1 1
Profit before tax 1 1 2 2 0 0 1 1 0 0 0 7
Tax % 60% 25% 28% 33% 27% 23% 35% 23% -31% -4% -35% 19%
0 1 2 1 0 0 0 1 0 0 0 6
EPS in Rs 6.20 21.80 31.80 26.60 0.15 0.24 0.26 0.60 0.12 0.17 0.23 4.17
Dividend Payout % -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: 45%
5 Years: 194%
3 Years: 644%
TTM: -2889%
Compounded Profit Growth
10 Years: 18%
5 Years: 74%
3 Years: 62%
TTM: 1742%
Stock Price CAGR
10 Years: %
5 Years: 9%
3 Years: 6%
1 Year: 8%
Return on Equity
10 Years: 4%
5 Years: 5%
3 Years: 6%
Last Year: 15%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 0.50 0.50 0.50 0.50 14 14 14 14 14 14 14 14
Reserves 6 7 8 10 19 20 20 21 21 21 21 27
8 4 5 3 1 0 0 1 42 109 193 119
6 6 6 1 1 0 0 0 22 76 117 41
Total Liabilities 20 17 20 14 35 34 34 35 99 220 345 201
0 0 0 0 0 0 0 0 0 0 6 5
CWIP -0 -0 -0 -0 -0 -0 -0 -0 -0 2 -0 -0
Investments 0 0 5 5 27 27 28 27 1 3 15 19
20 16 15 10 8 6 6 8 98 214 324 177
Total Assets 20 17 20 14 35 34 34 35 99 220 345 201

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
2 -5 1 -2 3 -64 -60 -49 90
-1 -15 -0 2 -3 30 -5 -15 -1
-2 21 -1 0 0 39 60 65 -89
Net Cash Flow 0 0 -0 -0 -0 5 -4 1 1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 35 15 13 8 130 28 56 13 112 -4 -7 0
Inventory Days 1,840 1,184 745 104 2,563 556 386
Days Payable 8 2 14 6 8 7 4
Cash Conversion Cycle 1,867 1,197 744 107 130 2,583 56 561 112 -4 -7 381
Working Capital Days 799 752 576 342 4,380 1,178 2,397 346 49,542 4,411 9,649 229
ROCE % 13% 17% 21% 18% 3% 2% 2% 3% 7% 7% 8% 11%

Shareholding Pattern

Numbers in percentages

4 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
73.57% 73.57% 73.57% 73.57% 73.56% 73.56% 73.56% 73.56% 73.56% 73.56% 73.56% 73.56%
26.43% 26.43% 26.43% 26.43% 26.44% 26.44% 26.44% 26.44% 26.44% 26.44% 26.44% 26.44%
No. of Shareholders 257280263236253285266272719728741728

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