Ratnabhumi Developers Ltd
Ratnabhumi Developers Ltd. is a real estate company having a presence across the entire value chain right from preparing the layout of the building to getting project approvals, as well as construction, development, and sales of the project. Mr. Kaivan Shah is the Chairman and MD of the company. [1][2]
- Market Cap ₹ 182 Cr.
- Current Price ₹ 133
- High / Low ₹ 162 / 86.5
- Stock P/E 1,651
- Book Value ₹ 25.6
- Dividend Yield 0.00 %
- ROCE 6.19 %
- ROE 0.66 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 5.19 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 1.18% 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: Construction Industry: Construction
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|
| 0.97 | 4.06 | -1.08 | -11.82 | 0.64 | |
| 0.37 | 3.06 | -3.37 | -18.76 | -12.55 | |
| Operating Profit | 0.60 | 1.00 | 2.29 | 6.94 | 13.19 |
| OPM % | 61.86% | 24.63% | 1,431.25% | 3,021.74% | 2,060.94% |
| 0.00 | 0.09 | 0.00 | 0.01 | 0.00 | |
| Interest | 0.03 | 0.03 | 2.56 | 7.04 | 12.97 |
| Depreciation | 0.02 | 0.01 | 0.03 | 0.13 | 0.30 |
| Profit before tax | 0.55 | 1.05 | -0.30 | -0.22 | -0.08 |
| Tax % | 34.55% | 22.86% | 13.33% | 4.55% | |
| 0.36 | 0.82 | 0.17 | 0.23 | 0.11 | |
| EPS in Rs | 0.26 | 0.60 | 0.12 | 0.17 | 0.07 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 205% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -14% |
| TTM: | 128% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 39% |
| 1 Year: | 3% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 1% |
| Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|
| Equity Capital | 13.70 | 13.70 | 13.70 | 13.70 | 13.70 |
| Reserves | 20.09 | 20.90 | 21.07 | 21.31 | 21.32 |
| 0.50 | 0.56 | 41.64 | 109.06 | 139.84 | |
| 0.18 | 0.21 | 22.11 | 75.86 | 101.12 | |
| Total Liabilities | 34.47 | 35.37 | 98.52 | 219.93 | 275.98 |
| 0.02 | 0.02 | 0.14 | 0.31 | 0.37 | |
| CWIP | 0.00 | 0.00 | 0.00 | 2.31 | 3.30 |
| Investments | 27.98 | 27.03 | 0.66 | 3.02 | 7.72 |
| 6.47 | 8.32 | 97.72 | 214.29 | 264.59 | |
| Total Assets | 34.47 | 35.37 | 98.52 | 219.93 | 275.98 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| -2.24 | 3.30 | -63.95 | -59.56 | |
| 2.02 | -3.35 | 29.98 | -4.52 | |
| 0.22 | 0.03 | 38.52 | 60.38 | |
| Net Cash Flow | 0.00 | -0.01 | 4.55 | -3.71 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Debtor Days | 56.44 | 13.49 | -54.07 | -4.32 |
| Inventory Days | 555.56 | |||
| Days Payable | 7.33 | |||
| Cash Conversion Cycle | 56.44 | 561.72 | -54.07 | -4.32 |
| Working Capital Days | 2,396.96 | 352.41 | 23,853.43 | 4,247.22 |
| ROCE % | 3.11% | 4.05% | 6.19% |
Documents
Announcements
- Certificate Pursuant To Regulation 40(10) Of SEBI (LODR) Regulations, 2015 16 Apr
-
Compliance Certificate - Regulation 7(3) Of The SEBI (LODR) Regulations, 2015
6 Apr - Compliance Certificate - Regulation 7(3) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 for the period ended March 31, 2024
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Apr - Certificate under Regulation 74(5) of SEBI (Depositories & Participants) Regulations, 2018 for the quarter ended March 31, 2024
- Closure of Trading Window 29 Mar
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Feb - Extract of Unaudited Financial Results for the Quarter and Nine months ended on December 31, 2023 published today in Financial Express (English) and Financial Express …
Service Offering
The experience of the Co varies from land acquisition, authority liaisoning, planned development, identification of project types and locations as well as construction development and maintenance of projects commissioned under residential/commercial / retail/plotting or industrial. [1]