Renaissance Global Ltd

Renaissance Global Ltd

₹ 173 1.46%
21 Nov - close price
About

Incorporated in 1989, Renaissance Global Ltd is a manufacturer of diamond studded Jewellery and trader of cut and polished diamonds[1]

Key Points

Business Overview:[1]
RGL designs, manufactures, and supplies branded jewellery in USA, Canada, UK & key Asian markets. Company operates through B2B and D2C models. It has launched online stores through 7 D2C websites to market & supply licensed brands and owned brands

  • Market Cap 1,657 Cr.
  • Current Price 173
  • High / Low 196 / 87.4
  • Stock P/E 50.3
  • Book Value 65.2
  • Dividend Yield 0.00 %
  • ROCE 6.85 %
  • ROE 3.38 %
  • Face Value 2.00

Pros

Cons

  • Stock is trading at 2.65 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -1.87%
  • The company has delivered a poor sales growth of 1.71% over past five years.
  • Company has a low return on equity of 4.82% over last 3 years.
  • Dividend payout has been low at 13.8% of profits 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
395 483 336 277 334 438 306 295 322 428 346 300 325
370 454 330 268 315 415 300 284 301 410 332 272 300
Operating Profit 25 29 6 9 19 23 6 11 21 18 13 27 25
OPM % 6% 6% 2% 3% 6% 5% 2% 4% 7% 4% 4% 9% 8%
0 0 0 0 1 0 1 1 1 1 3 2 1
Interest 3 3 3 4 5 6 6 6 7 8 8 8 8
Depreciation 3 3 3 3 3 3 3 3 3 3 3 3 3
Profit before tax 20 24 0 3 12 15 -2 3 12 8 4 19 14
Tax % 40% 43% -688% 30% 26% 21% 13% 28% 24% 28% 15% 27% 26%
12 13 1 2 9 12 -2 2 9 6 3 14 10
EPS in Rs 1.26 1.42 0.13 0.24 0.92 1.22 -0.26 0.23 0.98 0.59 0.36 1.44 1.04
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
719 982 1,060 1,143 1,100 1,033 1,278 1,261 1,103 1,517 1,355 1,391 1,398
684 935 1,019 1,092 1,058 998 1,220 1,201 1,052 1,456 1,293 1,322 1,314
Operating Profit 35 47 41 51 43 34 59 60 51 62 62 69 84
OPM % 5% 5% 4% 4% 4% 3% 5% 5% 5% 4% 5% 5% 6%
1 1 16 2 16 24 -1 5 -1 24 2 5 6
Interest 10 8 9 6 12 14 13 14 14 16 24 35 32
Depreciation 7 7 11 8 8 9 9 11 11 12 12 12 13
Profit before tax 20 33 37 39 38 36 35 40 26 58 27 27 44
Tax % 32% 17% 7% 14% 22% 22% 25% 20% 25% 33% 27% 24%
13 27 34 33 30 28 27 32 19 39 20 21 33
EPS in Rs 1.40 2.84 3.61 3.51 3.12 2.97 2.81 3.37 2.03 4.12 2.13 2.15 3.43
Dividend Payout % 14% 7% 6% 11% 0% 0% 0% 0% 44% 41% 0% 0%
Compounded Sales Growth
10 Years: 4%
5 Years: 2%
3 Years: 8%
TTM: 3%
Compounded Profit Growth
10 Years: -3%
5 Years: -7%
3 Years: -3%
TTM: 59%
Stock Price CAGR
10 Years: 30%
5 Years: 30%
3 Years: 2%
1 Year: 72%
Return on Equity
10 Years: 6%
5 Years: 5%
3 Years: 5%
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 19 19 19 19 18 19 19 19 19 19 19 19 19
Reserves 286 325 338 378 416 412 445 444 490 518 526 578 608
185 269 178 155 199 191 214 207 228 302 265 346 366
135 188 210 257 162 187 199 186 168 235 215 233 345
Total Liabilities 624 801 745 810 795 809 876 856 904 1,073 1,024 1,176 1,338
42 44 35 31 33 34 39 39 43 42 42 47 52
CWIP 1 0 0 5 0 3 0 0 0 0 2 1 0
Investments 105 105 125 131 152 98 80 75 55 80 89 108 110
476 652 585 643 610 674 757 743 806 951 891 1,020 1,175
Total Assets 624 801 745 810 795 809 876 856 904 1,073 1,024 1,176 1,338

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
22 -58 127 79 -4 -26 -39 109 9 -71 84 -68
-11 -9 -21 -16 -21 12 6 -16 -26 2 -2 -11
-14 65 -94 -38 30 -11 16 -30 -4 52 -70 46
Net Cash Flow -2 -3 11 24 5 -24 -17 62 -21 -17 11 -33

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 117 130 111 106 108 112 103 104 115 106 112 105
Inventory Days 136 121 88 85 73 121 116 92 122 114 125 171
Days Payable 81 85 82 97 62 77 67 55 65 66 70 74
Cash Conversion Cycle 172 166 117 94 120 156 152 141 172 154 167 202
Working Capital Days 161 163 115 101 127 154 150 130 186 159 161 191
ROCE % 6% 7% 8% 8% 9% 9% 8% 9% 6% 9% 6% 7%

Shareholding Pattern

Numbers in percentages

24 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
70.78% 70.78% 70.64% 70.69% 70.69% 70.82% 70.82% 69.56% 69.56% 69.56% 67.47% 65.59%
1.67% 1.55% 1.63% 1.48% 1.42% 1.73% 1.75% 1.70% 1.66% 0.92% 0.76% 0.85%
0.36% 0.37% 0.13% 0.14% 0.26% 0.19% 0.13% 0.12% 0.12% 0.00% 0.00% 0.13%
0.03% 0.03% 0.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
26.12% 27.27% 27.56% 27.68% 27.62% 27.23% 27.29% 28.63% 28.66% 29.52% 31.78% 33.43%
1.04% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
No. of Shareholders 7,7577,5677,8709,76710,52410,70011,01015,64316,89718,00517,56022,624

* 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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