Renaissance Global Ltd
Incorporated in 1989, Renaissance Global Ltd is a manufacturer of diamond studded Jewellery and trader of cut and polished diamonds[1]
- 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.
Peer comparison
Sector: Diamond, Gems and Jewellery Industry: Diamond Cutting / Jewellery
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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% |
Documents
Announcements
- Investor Presentation For Updating Our Investors 4 Dec
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Renaissance Global Limited Honored With 'Largest Exporter Silver Jewellery' Award At The 51St GJEPC Awards 2024
2 Dec - Renaissance Global awarded 'Largest Exporter Silver Jewellery' at GJEPC 2024.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 29 Nov
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Announcement under Regulation 30 (LODR)-Credit Rating
26 Nov - Renaissance Global's credit rating upgraded to CRISIL A-/Stable.
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 22 Nov
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Concalls
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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