Rander Corporation Ltd
₹ 11.9
-1.98%
22 Nov
- close price
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
- Market Cap ₹ 14.7 Cr.
- Current Price ₹ 11.9
- High / Low ₹ 13.5 / 7.92
- Stock P/E 11.0
- Book Value ₹ 18.6
- Dividend Yield 0.00 %
- ROCE 11.0 %
- ROE 8.21 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.64 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
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: | -29% |
| 5 Years: | 1% |
| 3 Years: | 19% |
| 1 Year: | 47% |
| 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% |
Documents
Announcements
- Financial Results For The Quarter And Half-Year Ended September 30, 2024 14 Nov
- Board Meeting Outcome for Outcome Of Board Meeting Held On November 14, 2024 14 Nov
-
Board Meeting Intimation for Prior Intimation For Board Meeting Pursuant To Regulation 29 Of SEBI (LODR) Regulations, 2015
8 Nov - Notice of Board Meeting to approve financial results.
-
Announcement under Regulation 30 (LODR)-Change in Management
24 Oct - Appointment of Ms. Jinita Nandkumar Kabra as Company Secretary.
-
Appointment of Company Secretary and Compliance Officer
24 Oct - Appointment of Ms. Jinita Nandkumar Kabra as Company Secretary.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
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