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Radhe Developers

₹3.2 -0 | 1.5%

Market Cap ₹163 Cr.

Stock P/E -17.2

P/B 3.2

Current Price ₹3.2

Book Value ₹ 1

Face Value 1

52W High ₹4.9

Dividend Yield 0%

52W Low ₹ 2.8

Radhe Developers Research see more...

Overview Inc. Year: 1995Industry: Construction - Real Estate

Radhe Developers (India) Ltd operates in the real estate development enterprise in Gujarat, India and it develops residential, business, plotting, weekend homes, and social infrastructure projects. It is likewise within the construction business. The corporation changed into included in 1995 and is primarily based in Ahmedabad, India.

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Radhe Developers Share Price

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Radhe Developers Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 15 19 10 3 6 5 1 1 0 1
Other Income 0 0 -0 0 0 3 -2 -0 0 0
Total Income 15 19 10 3 6 8 -1 1 0 1
Total Expenditure 2 2 5 2 3 2 6 1 1 3
Operating Profit 12 16 5 1 3 6 -7 -0 -1 -1
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 12 16 5 1 3 5 -8 -1 -1 -2
Provision for Tax 3 1 3 0 1 2 -2 -0 0 -0
Profit After Tax 9 15 2 0 2 4 -6 -1 -1 -2
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 9 15 2 0 2 4 -6 -1 -1 -2
Adjusted Earnings Per Share 0.2 0.3 0 0 0 0.1 -0.1 -0 -0 -0

Radhe Developers Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 0 0 0 17 6 10 11 4 1 44 14 3
Other Income 0 0 0 0 2 1 0 0 0 0 1 -2
Total Income 0 0 0 17 8 11 11 4 1 44 15 1
Total Expenditure 1 1 1 12 6 9 10 5 3 11 13 11
Operating Profit -0 -0 -1 4 2 2 1 -1 -2 33 2 -9
Interest 0 0 0 0 0 1 0 0 0 0 0 0
Depreciation 0 0 0 0 0 1 1 1 1 0 1 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -1 -1 -1 4 1 1 0 -2 -3 32 2 -12
Provision for Tax -0 -0 -0 1 0 0 0 -0 -0 7 1 -2
Profit After Tax -1 -1 -1 3 1 1 -0 -2 -3 25 1 -10
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -1 -1 -1 3 1 1 -0 -2 -3 25 1 -10
Adjusted Earnings Per Share -0 -0 -0 0.1 0 0 -0 -0 -0.1 0.5 0.1 -0.1

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -68% 52% 7% 0%
Operating Profit CAGR -94% 0% 0% 0%
PAT CAGR -96% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -6% 95% 49% 17%
ROE Average 1% 17% 9% 5%
ROCE Average 3% 21% 11% 6%

Radhe Developers Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 33 32 31 34 33 34 34 32 29 54 55
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 1 1 0 0 1 1 0 1 0 1 1
Other Non-Current Liabilities 27 32 5 0 -0 -0 -0 -0 -0 -0 0
Total Current Liabilities 1 3 34 31 28 29 25 27 29 44 69
Total Liabilities 62 69 71 65 61 64 59 60 58 98 126
Fixed Assets 1 1 1 2 4 3 3 3 1 3 5
Other Non-Current Assets 48 46 40 34 17 18 21 21 24 64 66
Total Current Assets 12 22 30 29 41 42 36 36 32 32 54
Total Assets 62 69 71 65 61 64 59 60 58 98 126

Radhe Developers Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 0 1 0 3 1 0 1 0 0 0 0
Cash Flow from Operating Activities 1 -7 -3 -5 3 -2 5 -0 -0 -8 -9
Cash Flow from Investing Activities -1 -0 0 -1 -2 -0 -0 -1 1 -2 -3
Cash Flow from Financing Activities 0 7 6 4 -1 2 -5 1 -1 10 12
Net Cash Inflow / Outflow 0 -1 3 -2 -0 0 -0 -0 0 -0 0
Closing Cash & Cash Equivalent 1 0 3 1 0 1 0 0 0 0 0

Radhe Developers Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) -0.01 -0.02 -0.02 0.06 0.02 0.01 -0 -0.04 -0.06 0.5 0.14
CEPS(Rs) -0.01 -0.01 -0.02 0.06 0.03 0.02 0.01 -0.03 -0.05 0.51 0.24
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 0.66 0.64 0.62 0.67 0.66 0.68 0.68 0.64 0.58 1.08 10.95
Core EBITDA Margin(%) -118.72 -385.7 -236.26 25.43 -4.67 11.03 5.82 -34.75 -274.55 75.16 10.06
EBIT Margin(%) -141.22 -445.33 -324.55 24.33 23.73 15.48 1.78 -49.97 -337.15 74.38 13.42
Pre Tax Margin(%) -218.06 -578.84 -388.67 24.07 22.84 10.42 0.08 -51.01 -341.78 74.16 11.07
PAT Margin (%) -215.04 -569.42 -375.58 17.91 18.33 6.34 -0.5 -49.38 -327.64 57.87 4.96
Cash Profit Margin (%) -182.75 -463.42 -285.3 19.53 26.23 12.24 4.91 -33.99 -265.04 58.69 8.53
ROA(%) -1.2 -1.27 -1.67 4.36 1.6 1.01 -0.09 -3.21 -4.96 32.3 0.63
ROE(%) -2.24 -2.57 -3.7 9.14 3 1.88 -0.16 -5.77 -9.5 60.33 1.3
ROCE(%) -1.37 -1.88 -3.05 11.69 3.52 3.92 0.5 -5.73 -9.52 68.56 2.69
Receivable days 604.65 2056.29 1014.61 43.05 106.67 4.57 2.54 0.94 2.05 0.04 0.13
Inventory Days 0 0 0 550.66 1651.36 958.56 805.4 1901.51 8065.1 178.69 839.42
Payable days -94.72 -29.28 -158.12 81.74 1128.23 275.97 63.8 111.06 413.36 3366.4 5925.84
PER(x) 0 0 0 16.42 100.41 58.07 0 0 0 17.04 50.78
Price/Book(x) 0.66 0.8 0.98 1.43 3.04 1.08 0.9 0.82 0.73 7.9 0.65
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 64.85 193.53 88.46 3.13 18.94 4.45 2.83 6.98 23.94 10.09 4.08
EV/Core EBITDA(x) -59.53 -57.03 -37.76 12.06 59.87 20.79 39.35 -20.19 -8.72 13.42 24.01
Net Sales Growth(%) 0 -57.75 111.43 5232.53 -66.68 80.85 6.69 -63.72 -77.01 4807.57 -67.11
EBIT Growth(%) 53.51 -33.24 -54.09 499.8 -67.51 17.97 -87.7 -1115.73 -55.11 1182.72 -94.07
PAT Growth(%) 36.88 -11.88 -39.46 354.24 -65.9 -37.45 -108.34 -3516.05 -52.55 966.76 -97.18
EPS Growth(%) 36.88 -11.88 -39.47 354.24 -65.9 -37.44 -108.34 -3516.21 -52.54 966.69 -71.82
Debt/Equity(x) 0.04 0.09 0 0.11 0.1 0.24 0.01 0.03 0.02 0.19 0.41
Current Ratio(x) 13.81 6.59 0.87 0.93 1.46 1.46 1.41 1.32 1.12 0.73 0.79
Quick Ratio(x) 1.85 0.34 0.12 0.16 0.52 0.54 0.6 0.6 0.44 0.2 0.17
Interest Cover(x) -1.84 -3.34 -5.06 93.14 26.69 3.06 1.04 -48.28 -72.89 338.56 5.71
Total Debt/Mcap(x) 0.07 0.11 0 0.08 0.03 0.22 0.01 0.04 0.02 0.02 0.06

Radhe Developers Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 43.92 43.92 43.92 43.96 44.09 44.45 44.49 44.58 44.98 45.16
FII 0.46 0.02 0 0 0 0 0 0 0 0
DII 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04
Public 55.58 56.02 56.04 56 55.88 55.51 55.48 55.38 54.98 54.8
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company is almost debt free.

Cons

  • Promoter holding is low: 45.16%.
  • Debtor days have increased from 3366.4 to 5925.84days.
  • Stock is trading at 3.2 times its book value.

* 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.

Radhe Developers News

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