Ravinder Heights Ltd

Ravinder Heights Ltd

₹ 48.5 -0.72%
18 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 297 Cr.
  • Current Price 48.5
  • High / Low 63.9 / 21.0
  • Stock P/E 59.1
  • Book Value 40.1
  • Dividend Yield 0.00 %
  • ROCE 1.70 %
  • ROE 2.29 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 0.10% over last 3 years.
  • Earnings include an other income of Rs.8.82 Cr.

* 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

Consolidated Figures in Rs. Crores / View Standalone

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
0.02 0.02 0.01 0.01 0.01 0.01 0.03 0.10 0.14 11.77 0.17 0.16 0.15
0.78 4.86 0.55 0.52 0.81 1.14 1.35 1.46 1.20 5.67 3.05 1.26 3.57
Operating Profit -0.76 -4.84 -0.54 -0.51 -0.80 -1.13 -1.32 -1.36 -1.06 6.10 -2.88 -1.10 -3.42
OPM % -3,800.00% -24,200.00% -5,400.00% -5,100.00% -8,000.00% -11,300.00% -4,400.00% -1,360.00% -757.14% 51.83% -1,694.12% -687.50% -2,280.00%
0.99 1.13 1.10 3.42 -1.05 1.26 0.98 0.98 1.48 1.35 1.55 3.70 2.22
Interest 0.00 0.02 0.06 0.06 0.06 0.06 0.18 0.06 0.11 0.08 0.08 0.06 0.05
Depreciation 0.54 0.54 0.38 0.39 0.40 0.50 0.47 0.58 0.53 0.58 0.53 0.54 0.54
Profit before tax -0.31 -4.27 0.12 2.46 -2.31 -0.43 -0.99 -1.02 -0.22 6.79 -1.94 2.00 -1.79
Tax % -61.29% 14.99% 233.33% 6.91% 35.06% -48.84% 24.24% 19.61% 454.55% -2.50% 1.03% 14.00% 8.38%
-0.51 -3.63 -0.16 2.29 -1.50 -0.64 -0.74 -0.81 0.77 6.95 -1.92 1.72 -1.64
EPS in Rs -0.08 -0.59 -0.03 0.37 -0.24 -0.10 -0.12 -0.13 0.13 1.13 -0.31 0.28 -0.27
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
0.00 0.04 0.03 12.04 12.25
2.28 6.34 3.01 9.56 13.55
Operating Profit -2.28 -6.30 -2.98 2.48 -1.30
OPM % -15,750.00% -9,933.33% 20.60% -10.61%
-14.51 3.81 4.73 4.67 8.82
Interest 0.00 0.02 0.24 0.43 0.27
Depreciation 2.18 2.13 1.67 2.17 2.19
Profit before tax -18.97 -4.64 -0.16 4.55 5.06
Tax % -33.16% -1.94% 87.50% -35.38%
-25.25 -4.73 -0.02 6.17 5.11
EPS in Rs -0.77 -0.00 1.01 0.83
Dividend Payout % 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 4275%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 35%
TTM: 366%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 39%
1 Year: 117%
Return on Equity
10 Years: %
5 Years: %
3 Years: 0%
Last Year: 2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0.00 6.13 6.13 6.13 6.29
Reserves 266.77 262.06 262.04 239.44 239.24
Preference Capital 0.16 0.04 0.05 0.17
0.00 2.00 2.00 2.00 1.00
49.60 47.86 52.05 46.29 45.73
Total Liabilities 316.37 318.05 322.22 293.86 292.26
53.63 42.98 51.01 44.47 43.38
CWIP 0.01 0.14 0.30 0.01 0.00
Investments 7.48 9.09 27.82 34.16 38.80
255.25 265.84 243.09 215.22 210.08
Total Assets 316.37 318.05 322.22 293.86 292.26

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023
6.95 4.03 0.50 7.39
-8.72 -5.64 7.82 -8.11
0.01 1.92 -0.23 -0.43
Net Cash Flow -1.75 0.31 8.09 -1.15

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 365.00 121.67 0.00
Inventory Days 617,251.50
Days Payable 50,954.00
Cash Conversion Cycle 365.00 566,419.17 0.00
Working Capital Days 1,716,412.50 1,839,843.33 4,642.23
ROCE % -1.80% -0.16% 1.70%

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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