Renaissance Global Ltd

Renaissance Global Ltd

₹ 185 -0.17%
11 Dec 3:56 p.m.
About

Incorporated in 1989, Renaissance Global Ltd is a manufacturer of diamond studded Jewellery and trader of cut and polished diamonds[1]

Key Points

Business Overview:[1]
RGL designs, manufactures, and supplies branded jewellery in USA, Canada, UK & key Asian markets. Company operates through B2B and D2C models. It has launched online stores through 7 D2C websites to market & supply licensed brands and owned brands

  • Market Cap 1,783 Cr.
  • Current Price 185
  • High / Low 196 / 87.4
  • Stock P/E 24.0
  • Book Value 124
  • Dividend Yield 0.00 %
  • ROCE 8.25 %
  • ROE 6.51 %
  • Face Value 2.00

Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -1.87%
  • The company has delivered a poor sales growth of -4.05% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 8.99% 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.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
477 774 529 573 440 724 499 473 442 655 537 445 412
424 706 499 533 404 675 463 440 411 604 494 408 378
Operating Profit 53 67 30 40 36 49 36 34 30 52 42 37 34
OPM % 11% 9% 6% 7% 8% 7% 7% 7% 7% 8% 8% 8% 8%
1 1 7 2 1 1 2 3 1 2 3 2 1
Interest 7 8 8 8 10 11 12 11 12 14 14 13 14
Depreciation 9 10 8 8 9 8 8 7 8 7 8 7 7
Profit before tax 37 51 21 26 19 31 18 18 12 32 23 19 14
Tax % 24% 35% -2% 6% 18% 11% -7% 20% 14% 14% 9% 20% 20%
28 33 21 24 16 28 20 14 10 28 21 15 11
EPS in Rs 2.96 3.53 2.24 2.57 1.64 2.86 2.15 1.51 1.10 2.91 2.05 1.62 1.16
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
952 1,222 1,276 1,320 1,473 1,811 2,591 2,502 2,031 2,190 2,237 2,107 2,048
908 1,161 1,219 1,241 1,410 1,745 2,469 2,352 1,936 2,014 2,063 1,943 1,885
Operating Profit 44 61 57 79 63 66 122 150 95 176 173 164 164
OPM % 5% 5% 4% 6% 4% 4% 5% 6% 5% 8% 8% 8% 8%
3 1 17 4 18 34 2 16 16 30 4 10 9
Interest 13 12 12 11 13 14 25 30 25 35 51 59 55
Depreciation 11 12 17 15 14 11 18 31 31 35 32 30 30
Profit before tax 23 38 46 57 54 74 81 106 55 136 94 85 89
Tax % 36% 23% 13% 17% 21% 14% 4% 17% 23% 22% 7% 14%
15 29 40 47 43 64 77 88 42 106 87 74 76
EPS in Rs 1.55 3.09 4.21 4.97 4.41 6.68 8.13 9.32 4.50 11.21 9.22 7.53 7.74
Dividend Payout % 13% 6% 5% 8% 0% 0% 0% 0% 20% 15% 0% 0%
Compounded Sales Growth
10 Years: 6%
5 Years: -4%
3 Years: 1%
TTM: -4%
Compounded Profit Growth
10 Years: 9%
5 Years: -2%
3 Years: 19%
TTM: 3%
Stock Price CAGR
10 Years: 31%
5 Years: 25%
3 Years: 0%
1 Year: 88%
Return on Equity
10 Years: 10%
5 Years: 9%
3 Years: 9%
Last Year: 7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 19 19 19 19 18 19 19 19 19 19 19 19 19
Reserves 306 355 380 442 494 530 646 681 824 905 1,007 1,129 1,176
242 342 272 252 344 348 567 524 528 706 611 655 717
170 223 258 314 247 328 422 349 275 372 283 222 317
Total Liabilities 736 939 929 1,027 1,103 1,225 1,654 1,573 1,646 2,002 1,920 2,026 2,230
89 91 78 71 72 49 82 98 80 218 258 258 249
CWIP 1 0 0 7 0 3 0 0 0 9 2 1 0
Investments 0 0 24 36 87 65 23 71 11 74 99 119 128
647 848 827 913 944 1,108 1,548 1,404 1,555 1,700 1,562 1,647 1,853
Total Assets 736 939 929 1,027 1,103 1,225 1,654 1,573 1,646 2,002 1,920 2,026 2,230

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
67 -49 97 73 5 -34 -303 202 117 86 229 -41
-16 -12 -28 -25 -58 22 -2 -71 61 -115 -66 -23
-43 77 -76 -40 71 -7 277 -76 -78 30 -217 -17
Net Cash Flow 8 17 -6 8 19 -19 -29 56 100 0 -54 -80

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 63 73 68 73 53 71 53 59 68 74 73 84
Inventory Days 204 201 180 194 176 143 174 147 188 212 196 243
Days Payable 80 84 87 107 74 74 50 26 32 56 51 46
Cash Conversion Cycle 188 190 160 160 155 140 176 180 224 230 217 280
Working Capital Days 160 163 140 140 147 139 159 148 201 183 177 225
ROCE % 6% 8% 8% 10% 9% 10% 10% 11% 6% 11% 9% 8%

Shareholding Pattern

Numbers in percentages

18 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
70.78% 70.78% 70.64% 70.69% 70.69% 70.82% 70.82% 69.56% 69.56% 69.56% 67.47% 65.59%
1.67% 1.55% 1.63% 1.48% 1.42% 1.73% 1.75% 1.70% 1.66% 0.92% 0.76% 0.85%
0.36% 0.37% 0.13% 0.14% 0.26% 0.19% 0.13% 0.12% 0.12% 0.00% 0.00% 0.13%
0.03% 0.03% 0.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
26.12% 27.27% 27.56% 27.68% 27.62% 27.23% 27.29% 28.63% 28.66% 29.52% 31.78% 33.43%
1.04% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
No. of Shareholders 7,7577,5677,8709,76710,52410,70011,01015,64316,89718,00517,56022,624

* 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

Concalls