RPSG Ventures Ltd
RPSG Ventures Ltd owns and operates a diversified portfolio of businesses including information technology (IT) services, business process management (BPM), fast moving consumer goods (FMCG), Ayurveda formulations, real estate, sports and restaurants. All of its businesses are carried out through various subsidiary companies except of its IT services business.[1]
- Market Cap ₹ 2,432 Cr.
- Current Price ₹ 735
- High / Low ₹ 852 / 392
- Stock P/E 22.5
- Book Value ₹ 780
- Dividend Yield 0.00 %
- ROCE 9.13 %
- ROE 5.21 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.94 times its book value
- Promoter holding has increased by 4.42% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 6.57% over last 3 years.
- Earnings include an other income of Rs.108 Cr.
- Working capital days have increased from -73.3 days to 134 days
* 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: IT - Software Industry: Computers - Software - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|
25 | 63 | 64 | 114 | 162 | 162 | 162 | |
23 | 50 | 58 | 59 | 84 | 89 | 121 | |
Operating Profit | 2 | 12 | 6 | 55 | 77 | 72 | 40 |
OPM % | 9% | 20% | 9% | 49% | 48% | 45% | 25% |
2 | 62 | 170 | 115 | 127 | 75 | 108 | |
Interest | 0 | 0 | 0 | 0 | 6 | 14 | 14 |
Depreciation | 0 | 0 | 0 | 1 | 1 | 2 | 3 |
Profit before tax | 4 | 74 | 176 | 170 | 198 | 131 | 131 |
Tax % | 47% | 11% | 1% | 25% | 27% | 42% | |
2 | 66 | 174 | 127 | 145 | 76 | 81 | |
EPS in Rs | 24.81 | 65.74 | 48.02 | 54.30 | 25.84 | 27.41 | |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 45% |
3 Years: | 36% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 119% |
3 Years: | -12% |
TTM: | -11% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 28% |
1 Year: | 88% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 7% |
3 Years: | 7% |
Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|
Equity Capital | 27 | 27 | 27 | 27 | 27 | 30 | 30 |
Reserves | 1,423 | 1,488 | 1,663 | 1,790 | 2,180 | 2,258 | 2,273 |
Preference Capital | 0 | 0 | 0 | 0 | 3 | 0 | |
0 | 0 | 0 | 0 | 84 | 145 | 124 | |
9 | 23 | 23 | 29 | 167 | 191 | 239 | |
Total Liabilities | 1,459 | 1,538 | 1,713 | 1,845 | 2,458 | 2,623 | 2,666 |
0 | 0 | 2 | 14 | 48 | 56 | 55 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 1,336 | 1,359 | 1,553 | 1,779 | 2,229 | 2,292 | 2,290 |
123 | 179 | 158 | 52 | 180 | 275 | 320 | |
Total Assets | 1,459 | 1,538 | 1,713 | 1,845 | 2,458 | 2,623 | 2,666 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
27 | 76 | -0 | 71 | 186 | 75 | |
-593 | -20 | 38 | -153 | -458 | -150 | |
575 | 0 | 0 | 0 | 312 | 48 | |
Net Cash Flow | 9 | 56 | 38 | -82 | 41 | -28 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
Debtor Days | 72 | 144 | 116 | 10 | 0 | 1 |
Inventory Days | ||||||
Days Payable | ||||||
Cash Conversion Cycle | 72 | 144 | 116 | 10 | 0 | 1 |
Working Capital Days | 1,274 | 59 | 49 | -38 | -315 | 134 |
ROCE % | 5% | 11% | 10% | 10% | 9% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 23 Apr
- Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Incorporation Of A Wholly Owned Subsidiary Company 18 Apr
- Compliance Certificate Under Regulation 7(3) Of SEBI LODR For The Period Ended March 31, 2024. 12 Apr
- Certificate Under Reg 40(9) Of SEBI LODR Regulations, 2015. 10 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
1 Apr - Depositories & Participants) Regulations, 2018 is attached herewith.
Formation of the Company
In FY18, the company was demerged from CESC Ltd and each shareholder of CESC was given 1 share of RPSG Ventures (erstwhile RP-SG Business Process Services Ltd) for every 5 shares held in CESC Ltd.[1]
As part of the demerger, IT service operations of CESC were transferred to the company and certain erstwhile CESC subsidiary companies operating in business process outsourcing, FMCG, restaurant and real estate sectors were brought under the company as well. [2]