Rander Corporation Ltd

Rander Corpn. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Rander Corporation Ltd

₹ 11.5 -1.79%
24 Dec 9:00 a.m.
randergroup.com BSE: 531228
About

Rander Corporation Limited, incorporated in 1993, is a real estate company, primarily engaged in construction and real estate development and mainly operates in Boisar, Tarapur region of Maharashtra, India. The Co. is also engaged in 'Securities Trading and Financing Business' under NBFC license.[1]

Key Points

Real Estate Projects[1]
The Co has presence in 2 Districts in Maharashtra (Palghar and Mumbai) and has the following ongoing projects:
Krishna Nagar
Krishna Residency
Shiv Ganga
Balaram Nivas

Website BSE
  • Market Cap ₹ 14.2 Cr.
  • Current Price ₹ 11.5
  • High / Low ₹ 13.5 / 8.59
  • Stock P/E 10.7
  • Book Value ₹ 18.6
  • Dividend Yield 0.00 %
  • ROCE 11.0 %
  • ROE 8.21 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.63 times its book value
  • Debtor days have improved from 40.2 to 27.6 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 23.3%
  • Company has a low return on equity of 4.98% 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: Finance Industry: Finance & Investments

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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
0.70 0.86 1.03 0.80 0.60 0.52 1.57 1.25 0.51 1.08 1.11 0.22 0.20
0.55 0.35 0.87 0.33 0.30 0.15 1.81 0.62 0.22 0.36 0.23 0.12 0.11
Operating Profit 0.15 0.51 0.16 0.47 0.30 0.37 -0.24 0.63 0.29 0.72 0.88 0.10 0.09
OPM % 21.43% 59.30% 15.53% 58.75% 50.00% 71.15% -15.29% 50.40% 56.86% 66.67% 79.28% 45.45% 45.00%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.05 0.00 0.06 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.04 0.01 0.01 0.00 0.00
Profit before tax 0.10 0.51 0.09 0.47 0.30 0.37 -0.24 0.63 0.25 0.71 0.87 0.10 0.09
Tax % 20.00% 25.49% 222.22% 25.53% 23.33% 24.32% -29.17% 25.40% 24.00% 25.35% 25.29% 30.00% 22.22%
0.07 0.38 -0.10 0.34 0.22 0.28 -0.18 0.47 0.19 0.53 0.65 0.08 0.07
EPS in Rs 0.06 0.31 -0.08 0.28 0.18 0.23 -0.15 0.38 0.15 0.43 0.53 0.06 0.06
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
2.39 5.31 4.34 3.73 2.00 1.79 1.27 0.35 1.26 3.66 3.46 3.96 2.61
0.34 4.59 3.49 3.35 1.69 1.50 1.07 0.31 1.13 2.51 2.58 1.45 0.82
Operating Profit 2.05 0.72 0.85 0.38 0.31 0.29 0.20 0.04 0.13 1.15 0.88 2.51 1.79
OPM % 85.77% 13.56% 19.59% 10.19% 15.50% 16.20% 15.75% 11.43% 10.32% 31.42% 25.43% 63.38% 68.58%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.11 0.01 0.00 0.00
Depreciation 0.04 0.05 0.10 0.01 0.01 0.01 0.02 0.02 0.01 0.01 0.01 0.03 0.02
Profit before tax 2.01 0.67 0.75 0.37 0.30 0.28 0.18 0.02 0.12 1.03 0.88 2.45 1.77
Tax % 20.40% 32.84% 17.33% 32.43% 40.00% 17.86% 38.89% 50.00% 25.00% 24.27% 25.00% 24.49%
1.61 0.45 0.62 0.24 0.18 0.23 0.11 0.01 0.08 0.77 0.66 1.86 1.33
EPS in Rs 1.34 0.37 0.50 0.19 0.15 0.19 0.09 0.01 0.06 0.62 0.53 1.51 1.08
Dividend Payout % 53.65% 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: -3%
5 Years: 26%
3 Years: 46%
TTM: -32%
Compounded Profit Growth
10 Years: 15%
5 Years: 75%
3 Years: 183%
TTM: 75%
Stock Price CAGR
10 Years: -22%
5 Years: 0%
3 Years: 8%
1 Year: 23%
Return on Equity
10 Years: 2%
5 Years: 3%
3 Years: 5%
Last Year: 8%

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 12.34 12.34 12.34 12.34 12.34 12.34 12.34 12.34 12.34 12.34 12.34 12.34 12.34
Reserves 5.83 6.28 6.89 7.13 7.31 7.54 7.65 7.66 7.74 7.96 8.92 10.48 10.60
0.40 1.61 1.72 1.97 0.54 0.18 0.24 0.36 0.30 0.20 0.19 0.21 0.00
5.68 9.64 6.41 6.61 6.44 4.95 4.78 3.84 3.27 3.51 3.45 3.62 2.94
Total Liabilities 24.25 29.87 27.36 28.05 26.63 25.01 25.01 24.20 23.65 24.01 24.90 26.65 25.88
0.20 0.25 0.09 0.08 0.06 0.05 0.09 0.08 3.25 3.24 4.20 4.16 5.36
CWIP 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
Investments 5.05 4.33 4.31 4.43 4.39 6.02 7.29 7.29 4.10 4.10 4.50 4.68 3.93
19.00 25.29 22.96 23.54 22.18 18.94 17.63 16.83 16.30 16.67 16.20 17.81 16.59
Total Assets 24.25 29.87 27.36 28.05 26.63 25.01 25.01 24.20 23.65 24.01 24.90 26.65 25.88

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
-4.03 -0.73 -0.63 0.08 0.36 1.78 0.97 -0.27 0.05 -3.07 -0.96
4.11 0.78 0.48 -0.10 0.10 -1.55 -1.33 0.00 0.00 0.00 -1.04
0.04 0.00 0.11 0.10 -0.60 -0.25 0.42 0.19 -0.01 3.17 2.36
Net Cash Flow 0.12 0.05 -0.04 0.09 -0.15 -0.02 0.05 -0.09 0.04 0.10 0.37

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 400.13 70.11 113.54 115.47 162.42 163.13 140.83 406.71 188.29 18.95 73.84 27.65
Inventory Days 2,395.31 3,285.00 866.88
Days Payable 433.44 225.95 78.21
Cash Conversion Cycle 400.13 70.11 113.54 115.47 162.42 163.13 140.83 406.71 2,150.17 3,078.00 862.50 27.65
Working Capital Days 1,855.54 946.53 1,253.11 1,513.82 2,783.12 2,703.85 3,451.69 12,795.86 3,545.71 1,223.65 1,214.21 1,232.34
ROCE % 11.09% 3.45% 3.64% 1.75% 1.44% 1.39% 0.89% 0.10% 0.59% 5.58% 3.58% 11.02%

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
20.23% 20.34% 20.66% 22.06% 22.39% 23.20% 23.29% 23.29% 23.29% 23.29% 23.29% 23.29%
79.77% 79.66% 79.34% 77.94% 77.62% 76.81% 76.72% 76.71% 76.71% 76.71% 76.71% 76.71%
No. of Shareholders 1,1831,3021,5261,6331,6161,6251,6661,6851,7301,8901,9372,246

Documents

Announcements

Annual reports