Renaissance Global Ltd

Renaissance Global Ltd

₹ 99.5 1.12%
28 Mar 2:53 p.m.
About

Renaissance Global Ltd (RGL) was incorporated in 1989 as Mayur Gems & Jewellery Exports Pvt Ltd. It is engaged in designing and manufacturing of jewellery in gold, silver, platinum, studded with polished diamonds, semi-precious and precious stones. It has manufacturing offices in Mumbai and Gujarat with subsidiaries in the US, UK, Middle East and Mainland China. [1]

Key Points

Licensed Brands
Co. has licensed brands from Disney Inc. and Hallmark Inc.:
1. Disney Jewelry: 3 products: Enchanted Disney Fine Jewelry, Disney Jewels & Star Wars Fine Jewelry catering to Disney romance
2. Hallmark Diamond Moments: Hallmark branded jewelry
3. Hallmark Tokens: Specialized “token” jewelry symbolizing deep emotions [1]

  • Market Cap 956 Cr.
  • Current Price 99.5
  • High / Low 146 / 81.7
  • Stock P/E 64.7
  • Book Value 60.8
  • Dividend Yield 0.00 %
  • ROCE 6.32 %
  • ROE 3.78 %
  • Face Value 2.00

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 5.58% over past five years.
  • Company has a low return on equity of 5.18% over last 3 years.
  • Promoter holding has decreased over last 3 years: -4.19%

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
434.96 283.31 302.72 395.26 483.36 335.94 276.91 334.33 437.81 305.76 295.31 321.80 428.29
414.57 273.01 293.93 370.19 453.92 329.62 267.63 315.47 414.98 299.79 284.05 300.65 409.79
Operating Profit 20.39 10.30 8.79 25.07 29.44 6.32 9.28 18.86 22.83 5.97 11.26 21.15 18.50
OPM % 4.69% 3.64% 2.90% 6.34% 6.09% 1.88% 3.35% 5.64% 5.21% 1.95% 3.81% 6.57% 4.32%
0.79 0.19 10.75 0.44 0.42 0.31 0.46 0.51 0.39 1.19 0.59 0.74 1.06
Interest 2.73 2.48 2.34 2.73 3.24 3.38 3.65 4.65 5.52 5.94 6.10 6.55 8.32
Depreciation 2.72 3.66 2.53 3.03 2.96 3.09 2.80 2.99 3.08 3.42 2.75 2.90 3.34
Profit before tax 15.73 4.35 14.67 19.75 23.66 0.16 3.29 11.73 14.62 -2.20 3.00 12.44 7.90
Tax % 38.27% -20.46% 15.95% 39.80% 43.32% -687.50% 30.09% 26.00% 20.93% -13.18% 28.00% 23.95% 28.23%
9.71 5.24 12.33 11.90 13.41 1.26 2.30 8.69 11.56 -2.49 2.15 9.46 5.67
EPS in Rs 1.03 0.56 1.31 1.26 1.42 0.13 0.24 0.92 1.22 -0.26 0.23 0.98 0.59
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
709 719 982 1,060 1,143 1,100 1,033 1,278 1,261 1,103 1,517 1,355 1,351
649 684 935 1,019 1,092 1,058 998 1,220 1,201 1,052 1,456 1,293 1,294
Operating Profit 60 35 47 41 51 43 34 59 60 51 62 62 57
OPM % 8% 5% 5% 4% 4% 4% 3% 5% 5% 5% 4% 5% 4%
1 1 1 16 2 16 24 -1 5 -1 24 2 4
Interest 10 10 8 9 6 12 14 13 14 14 16 24 27
Depreciation 6 7 7 11 8 8 9 9 11 11 12 12 12
Profit before tax 45 20 33 37 39 38 36 35 40 26 58 27 21
Tax % 8% 32% 17% 7% 14% 22% 22% 25% 20% 25% 33% 27%
41 13 27 34 33 30 28 27 32 19 39 20 15
EPS in Rs 4.32 1.40 2.84 3.61 3.51 3.12 2.97 2.81 3.37 2.03 4.12 2.13 1.54
Dividend Payout % 7% 14% 7% 6% 11% 0% 0% 0% 0% 44% 41% 0%
Compounded Sales Growth
10 Years: 7%
5 Years: 6%
3 Years: 2%
TTM: -2%
Compounded Profit Growth
10 Years: 4%
5 Years: -9%
3 Years: -16%
TTM: -41%
Stock Price CAGR
10 Years: 23%
5 Years: 10%
3 Years: 18%
1 Year: 19%
Return on Equity
10 Years: 7%
5 Years: 6%
3 Years: 5%
Last Year: 4%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 19 19 19 19 19 18 19 19 19 19 19 19 19
Reserves 278 286 325 338 378 416 412 445 444 490 518 526 565
188 185 269 178 155 199 191 214 207 228 302 265 342
50 135 188 210 257 162 187 199 186 168 235 216 297
Total Liabilities 536 624 801 745 810 795 809 876 856 904 1,073 1,025 1,223
41 42 44 35 31 33 34 39 39 43 42 42 41
CWIP 0 1 0 0 5 0 3 0 0 0 0 2 2
Investments 107 105 105 125 131 152 98 80 75 55 80 89 117
387 476 652 585 643 610 674 757 743 806 951 892 1,064
Total Assets 536 624 801 745 810 795 809 876 856 904 1,073 1,025 1,223

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
37 22 -58 127 79 -4 -26 -39 109 9 -71 84
-0 -11 -9 -21 -16 -21 12 6 -16 -26 2 -2
-44 -14 65 -94 -38 30 -11 16 -30 -4 52 -70
Net Cash Flow -7 -2 -3 11 24 5 -24 -17 62 -21 -17 11

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 76 117 130 111 106 108 112 103 104 115 106 112
Inventory Days 141 136 121 88 85 73 121 116 92 122 114 125
Days Payable 21 81 85 82 97 62 77 67 55 65 66 70
Cash Conversion Cycle 196 172 166 117 94 120 156 152 141 172 154 167
Working Capital Days 161 161 163 115 101 127 154 150 130 186 159 161
ROCE % 11% 6% 7% 8% 8% 9% 9% 8% 9% 6% 9% 6%

Shareholding Pattern

Numbers in percentages

12 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
70.78% 70.78% 70.78% 70.78% 70.78% 70.64% 70.69% 70.69% 70.82% 70.82% 69.56% 69.56%
0.58% 0.75% 1.36% 1.67% 1.55% 1.63% 1.48% 1.42% 1.73% 1.75% 1.70% 1.66%
0.00% 0.00% 0.00% 0.36% 0.37% 0.13% 0.14% 0.26% 0.19% 0.13% 0.12% 0.12%
0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
27.58% 27.40% 26.79% 26.12% 27.27% 27.56% 27.68% 27.62% 27.23% 27.29% 28.63% 28.66%
1.04% 1.04% 1.04% 1.04% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
No. of Shareholders 8,0367,3287,6897,7577,5677,8709,76710,52410,70011,01015,64316,897

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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