Ravinder Heights Ltd

Ravinder Heights Ltd

₹ 43.2 -1.82%
30 Apr - close price
About

Incorporated in 2019, Ravindra Heights Ltd is in the business of the Real Estate, township development and housing projects[1]

Key Points

Business Overview:[1][2]
RHL undertakes the business of acquisition, construction, development of townships built-up infrastructure, housing, commercial premises, hotels, resorts, hospital, educational institution, recreational facilities, city and regional level infrastructure. RHL has 6 wholly owned subsidiaries which are engaged in real estate, construction and farming business. RHL, along with its four wholly owned subsidiaries owns 108.71 acres of land at village Harsaru, Gurgaon. Also, one of WOS, Nirmala Organic Farms & Resorts Pvt. Ltd. is in the agricuture business and owns agriculture land 35.56 Bighas ap at Village Naugaon, Rajasthan.

  • Market Cap 265 Cr.
  • Current Price 43.2
  • High / Low 63.9 / 21.0
  • Stock P/E
  • Book Value 59.3
  • Dividend Yield 0.00 %
  • ROCE -0.23 %
  • ROE -0.17 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.73 times its book value

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of -0.09% 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: Realty Industry: Construction

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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
0.50 0.44 0.35 0.35 0.35 0.35 0.35 0.35 0.35 0.35 0.35 0.35 0.35
0.38 0.12 0.14 0.08 0.28 0.15 0.27 0.38 0.27 0.49 0.37 0.23 0.18
Operating Profit 0.12 0.32 0.21 0.27 0.07 0.20 0.08 -0.03 0.08 -0.14 -0.02 0.12 0.17
OPM % 24.00% 72.73% 60.00% 77.14% 20.00% 57.14% 22.86% -8.57% 22.86% -40.00% -5.71% 34.29% 48.57%
0.01 0.01 0.01 0.00 0.00 0.01 0.01 0.02 0.02 0.02 0.01 0.01 0.02
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.29 0.28 0.26 0.27 0.27 0.26 0.25 0.25 0.25 0.24 0.23 0.23 0.23
Profit before tax -0.16 0.05 -0.04 0.00 -0.20 -0.05 -0.16 -0.26 -0.15 -0.36 -0.24 -0.10 -0.04
Tax % -18.75% -1,060.00% -100.00% 30.00% 60.00% 31.25% 7.69% 60.00% 13.89% 20.83% -40.00% 375.00%
-0.19 0.58 -0.09 0.08 -0.13 -0.02 -0.10 -0.23 -0.06 -0.31 -0.19 -0.14 0.10
EPS in Rs -0.03 0.09 -0.01 0.01 -0.02 -0.00 -0.02 -0.04 -0.01 -0.05 -0.03 -0.02 0.02
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
0.00 1.10 1.41 1.41 1.40
0.06 0.69 0.66 1.30 1.27
Operating Profit -0.06 0.41 0.75 0.11 0.13
OPM % 37.27% 53.19% 7.80% 9.29%
0.00 0.02 0.02 -0.05 0.06
Interest 0.00 0.00 0.00 0.00 0.00
Depreciation 1.23 1.13 1.05 0.98 0.93
Profit before tax -1.29 -0.70 -0.28 -0.92 -0.74
Tax % -455.81% 82.86% 42.86% 23.91%
-7.18 -0.13 -0.16 -0.71 -0.54
EPS in Rs -0.02 -0.03 -0.12 -0.08
Dividend Payout % 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 0%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 24%
TTM: -32%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 36%
1 Year: 68%
Return on Equity
10 Years: %
5 Years: %
3 Years: 0%
Last Year: 0%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0.00 6.13 6.13 6.13 6.29
Reserves 358.09 357.99 357.83 357.12 356.79
Preference Capital 0.16 0.00 0.00 0.17
0.00 0.04 0.05 0.00 0.00
12.24 7.04 6.04 5.31 5.17
Total Liabilities 370.33 371.20 370.05 368.56 368.25
31.73 30.98 29.93 28.95 28.46
CWIP 0.01 0.00 0.00 0.00 0.00
Investments 338.56 339.73 339.54 339.37 339.40
0.03 0.49 0.58 0.24 0.39
Total Assets 370.33 371.20 370.05 368.56 368.25

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.00 1.67 -0.12 -0.36
-0.01 -1.52 0.21 0.23
0.01 -0.06 0.00 0.00
Net Cash Flow 0.01 0.09 0.09 -0.13

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 9.95 0.00 0.00
Inventory Days
Days Payable
Cash Conversion Cycle 9.95 0.00 0.00
Working Capital Days -491.09 -186.38 -38.83
ROCE % -0.19% -0.08% -0.23%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
73.59% 73.59% 73.59% 73.59% 74.81% 74.80% 74.80% 74.80% 74.80% 74.80% 74.80% 74.80%
0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.04% 0.04%
26.36% 26.36% 26.36% 26.36% 25.14% 25.14% 25.15% 25.14% 25.15% 25.14% 25.17% 25.15%
No. of Shareholders 20,68918,98918,21118,23518,03117,74217,00716,69016,41516,41815,85215,804

* 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.

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