Ras Resorts & Apart Hotels Ltd

Ras Resorts Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Ras Resorts & Apart Hotels Ltd

₹ 45.5 -5.15%
23 Dec - close price
rasresorts.com BSE: 507966
About

Incorporated in 1985, Ras Resorts & Apart Hotels Ltd is engaged in business of owning, operating hotels and resorts in Silvassa.

Key Points

Services Offered:[1]
Company is a 4 star category hotel which provides services in the market segments:
a) Corporate/Business
b) Leisure
c) Long stayers
d) Groups
e) Conferences
f) Events (Including weddings)
g) Packages

Website BSE
  • Market Cap ₹ 18.1 Cr.
  • Current Price ₹ 45.5
  • High / Low ₹ 72.0 / 29.7
  • Stock P/E 50.2
  • Book Value ₹ 50.5
  • Dividend Yield 0.00 %
  • ROCE 3.43 %
  • ROE 0.86 %
  • Face Value ₹ 10.0
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Pros

  • Stock is trading at 0.90 times its book value

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 0.50% over last 3 years.
  • Contingent liabilities of Rs.68.5 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: Hotels & Restaurants Industry: Hotels

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Quarterly Results

Figures in Rs. Crores

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
1.81 2.60 2.41 3.33 2.64 3.51 3.71 3.13 2.93 3.32 3.91 3.32 2.73
1.54 2.25 2.15 3.34 2.81 3.14 2.61 2.84 2.60 3.15 3.28 2.81 2.46
Operating Profit 0.27 0.35 0.26 -0.01 -0.17 0.37 1.10 0.29 0.33 0.17 0.63 0.51 0.27
OPM % 14.92% 13.46% 10.79% -0.30% -6.44% 10.54% 29.65% 9.27% 11.26% 5.12% 16.11% 15.36% 9.89%
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
Interest 0.12 0.11 0.12 0.15 0.17 0.17 0.19 0.16 0.16 0.16 0.10 0.13 0.13
Depreciation 0.12 0.12 0.10 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.19 0.14 0.14
Profit before tax 0.03 0.12 0.04 -0.28 -0.46 0.08 0.79 0.01 0.05 -0.11 0.34 0.24 0.00
Tax % -133.33% 41.67% -150.00% -25.00% 23.91% -450.00% 59.49% 100.00% 40.00% 209.09% -47.06% -45.83%
0.07 0.07 0.10 -0.21 -0.57 0.44 0.33 0.00 0.03 -0.34 0.51 0.36 -0.17
EPS in Rs 0.18 0.18 0.25 -0.53 -1.44 1.11 0.83 0.00 0.08 -0.86 1.28 0.91 -0.43
Raw PDF

Profit & Loss

Figures in Rs. Crores

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
7.88 6.99 7.64 8.58 8.63 7.62 9.17 8.90 4.48 7.84 12.87 13.12 13.28
6.85 6.57 6.69 7.03 7.28 6.83 7.64 8.18 3.99 6.93 11.87 11.86 11.70
Operating Profit 1.03 0.42 0.95 1.55 1.35 0.79 1.53 0.72 0.49 0.91 1.00 1.26 1.58
OPM % 13.07% 6.01% 12.43% 18.07% 15.64% 10.37% 16.68% 8.09% 10.94% 11.61% 7.77% 9.60% 11.90%
0.11 0.05 0.09 0.07 0.09 0.16 0.10 0.44 0.06 0.19 0.32 0.17 0.00
Interest 0.24 0.43 0.50 0.41 0.33 0.27 0.54 0.58 0.55 0.49 0.70 0.59 0.52
Depreciation 0.34 0.37 0.50 0.42 0.34 0.31 0.45 0.54 0.52 0.47 0.48 0.55 0.59
Profit before tax 0.56 -0.33 0.04 0.79 0.77 0.37 0.64 0.04 -0.52 0.14 0.14 0.29 0.47
Tax % 17.86% -27.27% -400.00% 36.71% 20.78% 10.81% 32.81% -150.00% -23.08% -21.43% 100.00% 37.93%
0.46 -0.23 0.21 0.50 0.61 0.32 0.44 0.09 -0.39 0.17 -0.01 0.18 0.36
EPS in Rs 1.00 -0.58 0.53 1.26 1.54 0.81 1.11 0.23 -0.98 0.43 -0.03 0.45 0.90
Dividend Payout % 41.30% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 7%
5 Years: 7%
3 Years: 43%
TTM: 2%
Compounded Profit Growth
10 Years: 11%
5 Years: -16%
3 Years: 35%
TTM: -55%
Stock Price CAGR
10 Years: 1%
5 Years: 1%
3 Years: 16%
1 Year: -5%
Return on Equity
10 Years: 1%
5 Years: 0%
3 Years: 1%
Last Year: 1%

Balance Sheet

Figures in Rs. Crores

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 3.80 3.97 3.97 3.97 3.97 3.97 3.97 3.97 3.97 3.97 3.97 3.97 3.97
Reserves 7.07 6.61 6.71 19.98 16.52 16.73 17.24 17.37 16.98 17.14 18.32 15.56 16.09
3.98 3.59 5.17 4.79 5.40 6.40 5.69 5.11 5.02 5.96 5.04 4.52 5.53
2.92 2.16 2.34 2.80 6.94 6.59 7.21 6.92 6.70 6.81 7.93 7.31 6.89
Total Liabilities 17.77 16.33 18.19 31.54 32.83 33.69 34.11 33.37 32.67 33.88 35.26 31.36 32.48
12.17 14.13 13.77 26.68 26.40 26.35 31.66 31.22 30.74 30.91 32.33 27.97 27.71
CWIP 1.82 0.24 1.59 2.08 3.59 5.02 0.10 0.11 0.13 0.13 0.00 0.00 0.13
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03
3.78 1.96 2.83 2.78 2.84 2.32 2.35 2.04 1.80 2.84 2.93 3.39 4.61
Total Assets 17.77 16.33 18.19 31.54 32.83 33.69 34.11 33.37 32.67 33.88 35.26 31.36 32.48

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.14 0.80 0.74 1.56 1.31 1.02 2.05 1.02 0.66 0.54 2.08 1.48
-0.51 -0.79 -1.59 -0.56 -1.61 -1.75 -0.89 0.08 -0.12 -0.71 -0.61 -0.18
0.84 -1.02 1.10 -1.21 0.28 0.72 -1.25 -1.16 -0.65 0.52 -1.70 -0.79
Net Cash Flow 0.19 -1.01 0.25 -0.22 -0.02 -0.01 -0.09 -0.06 -0.11 0.35 -0.23 0.51

Ratios

Figures in Rs. Crores

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 8.80 19.84 21.02 15.74 18.19 17.24 17.12 12.30 12.22 28.40 34.32 31.44
Inventory Days 45.00 64.21 44.92 61.92 68.05 74.66 62.39 55.09 142.44 0.00 0.00
Days Payable 190.00 152.08 179.69 250.94 281.48 385.74 333.80 433.87 1,041.59
Cash Conversion Cycle -136.20 -68.03 -113.75 -173.28 -195.25 -293.84 -254.29 -366.47 -886.93 28.40 34.32 31.44
Working Capital Days -11.12 -16.71 -11.94 -45.52 -40.60 -56.04 -70.05 -68.08 -149.10 -51.68 -12.76 -25.04
ROCE % 5.72% 0.69% 3.40% 5.34% 4.03% 2.42% 4.33% 1.05% 0.11% 2.30% 3.05% 3.43%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
74.34% 74.34% 74.34% 74.34% 74.34% 74.34% 74.34% 74.34% 74.34% 74.34% 74.34% 74.34%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
25.66% 25.66% 25.66% 25.66% 25.66% 25.66% 25.66% 25.66% 25.65% 25.66% 25.66% 25.66%
No. of Shareholders 1,2111,2261,2261,2471,2521,2551,1831,1861,2181,3081,3921,391

* 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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