Ravinder Heights Ltd
Incorporated in 2019, Ravindra Heights Ltd is in the business of the Real Estate, township development and housing projects[1]
- Market Cap ₹ 282 Cr.
- Current Price ₹ 46.0
- High / Low ₹ 63.9 / 21.0
- Stock P/E
- Book Value ₹ 59.3
- Dividend Yield 0.00 %
- ROCE -0.14 %
- ROE -0.08 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Stock is trading at 0.78 times its book value
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -0.10% over last 3 years.
- Working capital days have increased from 29,224 days to 87,898 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
0.00 | 1.10 | 1.41 | 1.41 | 1.41 | |
0.06 | 0.69 | 0.66 | 1.30 | 1.05 | |
Operating Profit | -0.06 | 0.41 | 0.75 | 0.11 | 0.36 |
OPM % | 37.27% | 53.19% | 7.80% | 25.53% | |
0.00 | 0.02 | 0.02 | -0.05 | 0.07 | |
Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Depreciation | 1.23 | 1.13 | 1.05 | 0.98 | 0.93 |
Profit before tax | -1.29 | -0.70 | -0.28 | -0.92 | -0.50 |
Tax % | -455.81% | 82.86% | 42.86% | 23.91% | 42.00% |
-7.18 | -0.13 | -0.16 | -0.71 | -0.28 | |
EPS in Rs | -0.02 | -0.03 | -0.12 | -0.05 | |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 9% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 56% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 31% |
1 Year: | 80% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 0% |
Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Equity Capital | 0.00 | 6.13 | 6.13 | 6.13 | 6.29 |
Reserves | 358.09 | 357.99 | 357.83 | 357.12 | 356.84 |
Preference Capital | 0.16 | 0.00 | 0.00 | 0.17 | |
0.00 | 0.04 | 0.05 | 0.00 | 0.00 | |
12.24 | 7.04 | 6.04 | 5.31 | 4.89 | |
Total Liabilities | 370.33 | 371.20 | 370.05 | 368.56 | 368.02 |
31.73 | 30.98 | 29.93 | 28.95 | 28.00 | |
CWIP | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 338.56 | 339.73 | 339.54 | 339.37 | 339.64 |
0.03 | 0.49 | 0.58 | 0.24 | 0.38 | |
Total Assets | 370.33 | 371.20 | 370.05 | 368.56 | 368.02 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
0.00 | 1.67 | -0.12 | -0.36 | 0.37 | |
-0.01 | -1.52 | 0.21 | 0.23 | -0.23 | |
0.01 | -0.06 | 0.00 | 0.00 | 0.00 | |
Net Cash Flow | 0.01 | 0.09 | 0.09 | -0.13 | 0.15 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 9.95 | 0.00 | 0.00 | 0.00 | |
Inventory Days | |||||
Days Payable | |||||
Cash Conversion Cycle | 9.95 | 0.00 | 0.00 | 0.00 | |
Working Capital Days | -491.09 | -186.38 | -38.83 | 87,897.70 | |
ROCE % | -0.19% | -0.08% | -0.23% |
Documents
Announcements
- Closure of Trading Window 27 Jun
- Intimation Of Trading Approval Received Of 75,000 Equity Shares Of Re. 1/- Each To Be Issued At A Premium Of Rs. 21/- Bearing Distinctive Numbers From 61250747 To 61325746 Issued To Promoter On A Preferential Basis. 8 Jun
- Announcement under Regulation 30 (LODR)-Newspaper Publication 31 May
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Of Annual Secretarial Compliance Report under Reg 24(A) of SEBI LODR Regulation
- AUDITED FINANCIAL RESULTS FOR THE QUARTER AND FINANCIAL YEAR ENDED MARCH 31, 2024 ALONG WITH AUDITOR'S THEREON. 29 May
Business Overview:[1][2]
RHL undertakes the business of acquisition, construction, development of townships built-up infrastructure, housing, commercial premises, hotels, resorts, hospital, educational institution, recreational facilities, city and regional level infrastructure. RHL has 6 wholly owned subsidiaries which are engaged in real estate, construction and farming business. RHL, along with its four wholly owned subsidiaries owns 108.71 acres of land at village Harsaru, Gurgaon. Also, one of WOS, Nirmala Organic Farms & Resorts Pvt. Ltd. is in the agricuture business and owns agriculture land 35.56 Bighas ap at Village Naugaon, Rajasthan.