Rainbow Foundations Ltd

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

Rainbow Foundations Ltd

₹ 23.9 4.97%
24 Jul - close price
rainbowfoundations.in BSE: 531694
About

Incorporated in 1994, Rainbow Foundations Limited is in the business of Real estate sales and development.

Key Points

Business Overview:[1][2]
Company undertakes Engineering, Procurement and Construction business. Type of work in the contracts with customers involve construction, engineering, designing, supply of materials, development of system, installation, project management, operations and maintenance. At present, company is engaged in building of Flats, Commercial Complexes and Resorts. Company is also engaged in the development and marketing of plots and pieces of land.

Website BSE
  • Market Cap ₹ 118 Cr.
  • Current Price ₹ 23.9
  • High / Low ₹ 29.3 / 9.32
  • Stock P/E 31.0
  • Book Value ₹ 14.7
  • Dividend Yield 0.00 %
  • ROCE 6.52 %
  • ROE 5.39 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is expected to give good quarter

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Tax rate seems low
  • Company has a low return on equity of 4.11% over last 3 years.
  • Company might be capitalizing the interest cost
  • Company has high debtors of 241 days.

* 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

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
9.96 5.68 22.17 6.32 1.85 6.84 7.93 9.93 15.55 16.69 21.01 22.84 32.94
8.14 4.05 20.85 5.62 1.40 5.17 5.75 6.84 12.36 11.92 16.36 17.35 24.41
Operating Profit 1.82 1.63 1.32 0.70 0.45 1.67 2.18 3.09 3.19 4.77 4.65 5.49 8.53
OPM % 18.27% 28.70% 5.95% 11.08% 24.32% 24.42% 27.49% 31.12% 20.51% 28.58% 22.13% 24.04% 25.90%
0.62 0.85 0.06 0.09 2.54 1.12 1.40 1.24 1.56 1.34 1.42 0.66 0.31
Interest 2.37 2.15 1.08 0.53 2.52 1.99 3.27 3.67 4.58 5.52 5.54 5.84 5.45
Depreciation 0.04 0.06 0.03 0.00 0.03 0.03 0.03 0.03 0.03 0.13 0.12 0.15 0.14
Profit before tax 0.03 0.27 0.27 0.26 0.44 0.77 0.28 0.63 0.14 0.46 0.41 0.16 3.25
Tax % 1,266.67% 0.00% 0.00% 0.00% 97.73% 0.00% 0.00% 25.40% 350.00% 0.00% 9.76% 43.75% 6.77%
-0.35 0.27 0.27 0.26 0.02 0.77 0.29 0.48 -0.34 0.46 0.37 0.09 3.03
EPS in Rs -0.07 0.05 0.05 0.05 0.00 0.16 0.06 0.10 -0.07 0.09 0.07 0.02 0.61
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
14.01 14.57 31.21 29.71 46.40 55.38 37.76 25.85 34.62 36.02 40.24 93.48
11.96 12.05 26.72 23.19 34.85 41.06 32.64 20.82 28.23 31.76 30.10 70.02
Operating Profit 2.05 2.52 4.49 6.52 11.55 14.32 5.12 5.03 6.39 4.26 10.14 23.46
OPM % 14.63% 17.30% 14.39% 21.95% 24.89% 25.86% 13.56% 19.46% 18.46% 11.83% 25.20% 25.10%
0.29 1.40 1.10 1.20 0.71 0.95 1.90 3.31 3.06 3.37 5.33 3.72
Interest 1.50 2.60 4.58 5.66 9.74 12.93 5.74 5.92 7.78 6.27 13.52 22.35
Depreciation 0.08 0.06 0.04 0.03 0.08 0.09 0.12 0.09 0.14 0.11 0.11 0.53
Profit before tax 0.76 1.26 0.97 2.03 2.44 2.25 1.16 2.33 1.53 1.25 1.84 4.30
Tax % 34.21% 32.54% 36.08% 35.47% 34.84% 33.33% 44.83% 26.61% 24.84% 76.00% 26.63% 10.93%
0.50 0.84 0.61 1.30 1.59 1.50 0.64 1.70 1.14 0.30 1.35 3.82
EPS in Rs 0.10 0.17 0.12 0.26 0.32 0.30 0.13 0.34 0.23 0.06 0.27 0.77
Dividend Payout % 0.00% 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: 20%
5 Years: 20%
3 Years: 39%
TTM: 132%
Compounded Profit Growth
10 Years: 17%
5 Years: 43%
3 Years: 50%
TTM: 183%
Stock Price CAGR
10 Years: 17%
5 Years: 29%
3 Years: 43%
1 Year: 108%
Return on Equity
10 Years: 6%
5 Years: 5%
3 Years: 4%
Last Year: 5%

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
Equity Capital 5.51 5.51 5.51 5.51 5.51 5.51 5.51 5.51 5.51 5.51 49.62 49.62
Reserves 4.00 4.84 5.44 6.74 8.34 9.84 10.48 12.19 13.32 13.62 19.38 23.20
13.68 54.77 90.90 152.12 126.83 116.18 133.25 128.82 231.49 287.89 382.75 292.77
54.82 44.17 27.20 15.10 25.55 21.57 101.97 131.39 52.54 38.93 78.86 251.82
Total Liabilities 78.01 109.29 129.05 179.47 166.23 153.10 251.21 277.91 302.86 345.95 530.61 617.41
0.38 0.33 0.29 0.49 0.83 1.16 1.05 1.59 1.47 1.43 1.34 2.13
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
Investments 0.00 0.00 0.00 0.00 0.01 0.01 0.01 0.00 0.43 0.51 0.51 1.79
77.63 108.96 128.76 178.98 165.39 151.93 250.15 276.32 300.96 344.01 528.76 613.49
Total Assets 78.01 109.29 129.05 179.47 166.23 153.10 251.21 277.91 302.86 345.95 530.61 617.41

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
0.00 -0.03 -33.16 -0.05 0.03 19.15 -53.43 13.92 25.22 -39.15 -111.60 -14.67
0.00 0.00 0.76 0.00 0.00 0.47 -40.06 -3.92 -1.86 -10.48 -10.20 84.23
0.00 0.03 31.58 0.06 -0.04 -23.42 93.50 -10.33 -23.32 49.65 129.86 -76.97
Net Cash Flow 0.00 0.00 -0.83 0.00 0.00 -3.79 0.00 -0.33 0.05 0.02 8.06 -7.42

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 82.85 75.91 76.60 192.14 157.80 34.73 56.64 102.09 33.32 16.42 402.55 241.30
Inventory Days 1,926.19 2,429.71 1,624.68 2,434.42 1,450.40 1,282.64 2,285.23 4,184.45 3,252.96 3,288.59 5,096.15 2,937.82
Days Payable 1,364.40 1,102.99 312.31 142.28 208.22 143.12 196.44 558.41 684.68 421.07 937.07 347.28
Cash Conversion Cycle 644.64 1,402.63 1,388.97 2,484.29 1,399.99 1,174.25 2,145.44 3,728.13 2,601.60 2,883.94 4,561.63 2,831.84
Working Capital Days 898.04 1,790.68 1,219.90 1,994.42 1,101.37 883.76 1,425.97 2,040.05 2,605.29 2,580.84 3,647.28 1,393.78
ROCE % 9.07% 8.52% 6.65% 5.78% 7.98% 11.15% 4.90% 5.58% 4.69% 2.75% 4.05% 6.52%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
33.93% 33.93% 33.93% 41.48% 41.48% 41.48% 41.48% 41.48% 41.48% 41.48% 41.48% 41.48%
66.07% 66.07% 66.07% 58.52% 58.52% 58.52% 58.52% 58.53% 58.52% 58.53% 58.53% 58.52%
No. of Shareholders 1,7521,8552,1992,9232,8942,8592,9132,9543,1563,6694,0223,975

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