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 ₹ 192 Cr.
- Current Price ₹ 140
- High / Low ₹ 180 / 92.4
- Stock P/E 85.2
- Book Value ₹ 25.6
- Dividend Yield 0.00 %
- ROCE 8.35 %
- ROE 0.74 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 5.48 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 0.63% 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 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|
| 0.97 | 4.06 | -1.08 | -11.82 | -7.91 | 52.47 | |
| 0.37 | 3.06 | -3.37 | -18.76 | -23.47 | 33.85 | |
| Operating Profit | 0.60 | 1.00 | 2.29 | 6.94 | 15.56 | 18.62 |
| OPM % | 61.86% | 24.63% | 1,431.25% | 3,154.55% | 5,557.14% | 35.49% |
| 0.00 | 0.09 | 0.00 | 0.01 | 0.79 | 0.63 | |
| Interest | 0.03 | 0.03 | 2.56 | 7.04 | 15.60 | 17.47 |
| Depreciation | 0.02 | 0.01 | 0.03 | 0.13 | 0.79 | 1.01 |
| Profit before tax | 0.55 | 1.05 | -0.30 | -0.22 | -0.04 | 0.77 |
| Tax % | 34.55% | 22.86% | -13.33% | -4.55% | -200.00% | |
| 0.36 | 0.82 | 0.17 | 0.23 | 0.26 | 2.26 | |
| EPS in Rs | 0.26 | 0.60 | 0.12 | 0.17 | 0.19 | 1.64 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 17993% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -32% |
| TTM: | 679% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 30% |
| 1 Year: | 18% |
| 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 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 13.70 | 13.70 | 13.70 | 13.70 | 13.70 |
| Reserves | 20.09 | 20.90 | 21.07 | 21.31 | 21.43 |
| 0.50 | 0.56 | 41.64 | 109.06 | 193.54 | |
| 0.18 | 0.21 | 22.11 | 75.86 | 116.73 | |
| Total Liabilities | 34.47 | 35.37 | 98.52 | 219.93 | 345.40 |
| 0.02 | 0.02 | 0.14 | 0.31 | 6.14 | |
| CWIP | 0.00 | 0.00 | 0.00 | 2.31 | 0.00 |
| Investments | 27.98 | 27.03 | 0.66 | 3.02 | 14.86 |
| 6.47 | 8.32 | 97.72 | 214.29 | 324.40 | |
| Total Assets | 34.47 | 35.37 | 98.52 | 219.93 | 345.40 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| -2.24 | 3.30 | -63.95 | -59.56 | -49.05 | |
| 2.02 | -3.35 | 29.98 | -5.19 | -15.72 | |
| 0.22 | 0.03 | 38.52 | 60.38 | 65.64 | |
| Net Cash Flow | 0.00 | -0.01 | 4.55 | -4.37 | 0.87 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 56.44 | 13.49 | -54.07 | -4.32 | -6.46 |
| Inventory Days | 555.56 | ||||
| Days Payable | 7.33 | ||||
| Cash Conversion Cycle | 56.44 | 561.72 | -54.07 | -4.32 | -6.46 |
| Working Capital Days | 2,396.96 | 352.41 | 23,853.43 | 4,247.22 | 9,369.10 |
| ROCE % | 3.11% | 4.05% | 6.19% | 8.35% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
4 Oct - Newspaper Publication for Dispatch of Notice of 01st EGM of FY 2024-25
- Notice Of 1St Extraordinary General Meeting To Be Held On October 25, 2024 3 Oct
-
Closure of Trading Window
30 Sep - Trading window closure for insider trading regulations.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 28 Sep
-
Board Meeting Outcome for Board Meeting Held Today I.E. September 28, 2024
28 Sep - Board approved Extraordinary General Meeting on October 25, 2024.
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]