Ratnabhumi Developers Ltd

Ratnabhumi Developers Ltd

₹ 133 4.98%
08 Apr - close price
About

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]

Key Points

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]

  • Market Cap 182 Cr.
  • Current Price 133
  • High / Low 162 / 86.5
  • Stock P/E 1,655
  • Book Value 25.6
  • Dividend Yield 0.00 %
  • ROCE 6.19 %
  • ROE 0.66 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 5.20 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0.02 0.99 0.02 0.05 0.05 0.05 0.05 0.07 0.04 0.07 0.11 0.22 0.24
0.10 0.12 0.08 -0.11 -0.58 -1.51 -1.03 -1.31 -2.03 -2.35 -2.91 -3.34 -3.95
Operating Profit -0.08 0.87 -0.06 0.16 0.63 1.56 1.08 1.38 2.07 2.42 3.02 3.56 4.19
OPM % -400.00% 87.88% -300.00% 320.00% 1,260.00% 3,120.00% 2,160.00% 1,971.43% 5,175.00% 3,457.14% 2,745.45% 1,618.18% 1,745.83%
0.02 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.51 0.02 0.00 0.25 0.64 1.67 1.21 1.52 1.92 2.39 3.02 3.48 4.08
Depreciation 0.00 0.01 0.00 0.00 0.01 0.01 0.02 0.01 0.05 0.05 0.03 0.04 0.18
Profit before tax -0.57 0.85 -0.06 -0.09 -0.02 -0.12 -0.15 -0.15 0.10 -0.02 -0.03 0.04 -0.07
Tax % 31.58% 28.24% 0.00% 11.11% 0.00% 16.67% 0.00% 0.00% 0.00% 50.00% -33.33% -25.00% 0.00%
-0.39 0.70 0.15 -0.16 0.77 -0.59 -0.06 0.11 0.15 0.03 0.00 0.06 0.02
EPS in Rs -0.28 0.51 0.11 -0.12 0.56 -0.43 -0.04 0.08 0.11 0.02 0.00 0.04 0.01
Raw PDF

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: 43%
1 Year: 1%
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%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
72.77% 72.77% 72.77% 73.57% 73.57% 73.57% 73.57% 73.57% 73.56% 73.56% 73.56% 73.56%
27.23% 27.23% 27.23% 26.43% 26.43% 26.43% 26.43% 26.43% 26.44% 26.44% 26.44% 26.44%
No. of Shareholders 102229290262257280263236253285266272

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