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 ₹ 140 Cr.
- Current Price ₹ 102
- High / Low ₹ 184 / 96.3
- Stock P/E 42.7
- Book Value ₹ 27.5
- Dividend Yield 0.00 %
- ROCE 8.35 %
- ROE 0.74 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.89 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 | |
|---|---|---|---|---|---|---|
| 1 | 4 | -1 | -12 | -8 | 179 | |
| 0 | 3 | -3 | -19 | -23 | 160 | |
| Operating Profit | 1 | 1 | 2 | 7 | 16 | 19 |
| OPM % | 62% | 25% | 1,431% | 3,155% | 5,557% | 11% |
| 0 | 0 | 0 | 0 | 1 | 1 | |
| Interest | 0 | 0 | 3 | 7 | 16 | 17 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 1 |
| Profit before tax | 1 | 1 | -0 | -0 | -0 | 2 |
| Tax % | 35% | 23% | -13% | -5% | -200% | |
| 0 | 1 | 0 | 0 | 0 | 3 | |
| EPS in Rs | 0.26 | 0.60 | 0.12 | 0.17 | 0.19 | 2.40 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 27872% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -32% |
| TTM: | 2891% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 0% |
| 3 Years: | 4% |
| 1 Year: | -15% |
| 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 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 20 | 21 | 21 | 21 | 21 | 24 |
| 0 | 1 | 42 | 109 | 194 | 140 | |
| 0 | 0 | 22 | 76 | 117 | 71 | |
| Total Liabilities | 34 | 35 | 99 | 220 | 345 | 250 |
| 0 | 0 | 0 | 0 | 6 | 6 | |
| CWIP | 0 | 0 | 0 | 2 | 0 | 0 |
| Investments | 28 | 27 | 1 | 3 | 15 | 14 |
| 6 | 8 | 98 | 214 | 324 | 230 | |
| Total Assets | 34 | 35 | 99 | 220 | 345 | 250 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| -2 | 3 | -64 | -60 | -49 | |
| 2 | -3 | 30 | -5 | -16 | |
| 0 | 0 | 39 | 60 | 66 | |
| Net Cash Flow | 0 | -0 | 5 | -4 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 56 | 13 | -54 | -4 | -6 |
| Inventory Days | 556 | ||||
| Days Payable | 7 | ||||
| Cash Conversion Cycle | 56 | 562 | -54 | -4 | -6 |
| Working Capital Days | 2,397 | 352 | 23,853 | 4,247 | 9,369 |
| ROCE % | 3% | 4% | 6% | 8% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Feb - Newspaper Advertisement of Unaudited Financial Results for the quarter/nine months ended December 31, 2024
-
Integrated Filing (Financial)
14 Feb - Integrated financial results for Q3 2024 submitted.
- Unaudited Financial Results For The Quarter And Nine Months Ended On December 31, 2024 14 Feb
-
Board Meeting Outcome for Outcome Of Board Meeting Held On February 14, 2025
14 Feb - Board approved unaudited financial results for Q3 2024.
-
Board Meeting Intimation for Approval Of Unaudited Financial Results For The Quarter And Nine Months Ended On December 31, 2024
6 Feb - Board meeting to approve financial results on February 14, 2025.
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]