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RDB Realty & Infra

₹141.3 -2.8 | 2%

Market Cap ₹244 Cr.

Stock P/E 15.3

P/B 1.5

Current Price ₹141.3

Book Value ₹ 97.1

Face Value 10

52W High ₹189.9

Dividend Yield 0%

52W Low ₹ 39.1

RDB Realty & Infra Research see more...

Overview Inc. Year: 2006Industry: Construction - Real Estate

RDB Realty & Infrastructure Limited (RDBRIL) is a public limited company that is a part of the RDB Group. Founded in 2006, RDBRIL deals in real estate development and construction. It has a pan India presence and has completed various residential and commercial projects in tier I cities. The company follows a vision of being the leading real estate services. RDB Realty & Infrastructure Limited is a company that aims to create value for its stakeholders and customers.e provider in the region and providing quality products and services to its customers. Promotors are Shanti Devi Agarwal and Shyam Sunder Agarwal, who hold 26.37% and 33.59% of the shareholding respectively. The key managerial personnel of the company are Anil Kumar Apat, the chief financial officer, and Ritesh Kumar Jha, the company secretary and compliance officer.

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RDB Realty & Infra Share Price

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RDB Realty & Infra 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 9 15 40 13 16 32 67 11 23 16
Other Income -0 2 -1 1 5 3 5 2 2 1
Total Income 9 17 39 14 21 35 73 12 24 17
Total Expenditure 7 14 36 10 13 27 59 3 17 9
Operating Profit 2 3 3 4 8 8 13 10 8 9
Interest 0 0 1 2 4 3 4 5 2 4
Depreciation 0 0 0 0 0 0 0 1 1 2
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 2 3 1 2 4 5 9 3 4 3
Provision for Tax 0 0 1 1 0 1 1 0 1 1
Profit After Tax 2 2 0 2 4 4 8 3 3 2
Adjustments -0 0 -0 -0 0 -0 -0 0 -1 0
Profit After Adjustments 2 2 0 1 4 4 8 3 3 2
Adjusted Earnings Per Share 1 1.2 0.1 0.9 2.1 2.2 4.5 1.8 1.5 1.4

RDB Realty & Infra 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 122 97 62 42 32 37 38 45 57 70 129 117
Other Income 1 1 3 8 0 0 1 0 3 3 13 10
Total Income 122 98 65 50 32 37 39 45 60 72 142 126
Total Expenditure 98 82 51 38 18 26 26 24 35 36 83 88
Operating Profit 24 16 14 12 14 12 12 21 25 36 59 40
Interest 10 9 8 11 5 6 7 13 18 29 38 15
Depreciation 1 1 0 1 1 1 1 1 1 0 0 4
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 14 6 5 -0 8 5 5 8 6 7 20 19
Provision for Tax 4 2 2 2 2 1 2 2 2 2 3 3
Profit After Tax 10 4 3 -2 6 4 3 6 4 5 17 16
Adjustments -0 -0 0 2 -0 -0 -0 -0 0 -0 -1 -1
Profit After Adjustments 10 4 3 1 6 3 3 6 4 5 16 16
Adjusted Earnings Per Share 5.6 2.1 2 0.4 3.5 2 1.8 3.3 2.3 2.7 9.1 9.2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 84% 42% 28% 1%
Operating Profit CAGR 64% 41% 38% 9%
PAT CAGR 240% 42% 34% 5%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 245% 95% 40% 26%
ROE Average 11% 6% 5% 4%
ROCE Average 9% 7% 6% 7%

RDB Realty & Infra 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 118 119 121 122 131 135 138 143 148 153 169
Minority's Interest 20 20 21 19 8 8 9 9 9 9 12
Borrowings 11 26 30 30 29 28 101 75 32 64 177
Other Non-Current Liabilities 22 20 15 16 24 24 14 16 15 20 19
Total Current Liabilities 393 392 424 493 240 232 373 415 519 649 622
Total Liabilities 564 578 611 679 432 427 635 657 722 895 999
Fixed Assets 6 7 8 9 7 3 1 1 0 1 1
Other Non-Current Assets 66 64 79 106 57 42 35 24 24 24 70
Total Current Assets 492 508 524 564 367 382 599 633 698 870 929
Total Assets 564 578 611 679 432 427 635 657 722 895 999

RDB Realty & Infra 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 3 3 9 4 4 2 3 5 3 4 4
Cash Flow from Operating Activities 9 18 2 -12 79 -11 -195 21 -52 -155 -29
Cash Flow from Investing Activities -3 3 -11 -6 -30 25 -9 -3 3 -5 4
Cash Flow from Financing Activities -6 -15 3 18 -51 -13 206 -19 50 160 25
Net Cash Inflow / Outflow 0 6 -5 -0 -2 1 2 -2 1 -0 -1
Closing Cash & Cash Equivalent 3 9 4 4 2 3 5 3 4 4 3

RDB Realty & Infra 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) 5.57 2.08 1.97 0.36 3.46 1.99 1.83 3.28 2.34 2.74 9.13
CEPS(Rs) 6.1 2.74 2.2 -0.48 3.93 2.57 2.22 3.82 2.7 3.06 9.87
DPS(Rs) 1 1 1 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 68.13 69.03 69.98 70.33 75.85 77.85 79.77 82.47 85.37 88.27 97.51
Core EBITDA Margin(%) 19.21 15.42 17.55 10.73 43.09 31.02 30.3 46.97 39.24 48.18 35.15
EBIT Margin(%) 18.99 15.11 22.05 26.65 41.24 29.28 31.22 45.75 42.81 51.68 45.46
Pre Tax Margin(%) 11.11 5.98 8.69 -0.17 25.14 13.21 12.66 17.26 10.87 10.53 15.78
PAT Margin (%) 8.03 3.85 5.5 -4.05 19.1 10.07 8.51 13.08 6.96 7.37 13.16
Cash Profit Margin (%) 8.67 4.85 6.17 -1.96 21.22 11.9 10.18 14.69 8.12 7.57 13.27
ROA(%) 1.79 0.66 0.57 -0.26 1.1 0.88 0.6 0.91 0.58 0.64 1.79
ROE(%) 9.48 3.16 2.82 -1.41 4.84 2.83 2.35 4.2 2.76 3.43 10.54
ROCE(%) 11.92 7.35 6.5 4.8 5.71 5.21 3.72 5.05 5.87 6.77 9.11
Receivable days 123.99 172.01 264.49 468.4 542.52 345.53 275.6 148.02 75.57 44.07 52.46
Inventory Days 1188.4 1503.4 2452.02 3757.71 4140.83 2766.96 3899.17 4349.38 3667.5 3555.61 2005.1
Payable days 257.72 280.17 433.07 726.04 1115.95 514.6 387.52 544.81 269.2 275.14 89.09
PER(x) 3.18 6.02 13.87 80.12 10.38 17.88 16.28 5.74 7.26 12.54 4.11
Price/Book(x) 0.26 0.18 0.39 0.41 0.47 0.46 0.37 0.23 0.2 0.39 0.38
Dividend Yield(%) 5.65 7.99 3.66 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.88 0.91 2.22 4.02 4.33 3.41 8.72 6.15 5.61 7.42 4.25
EV/Core EBITDA(x) 4.47 5.66 9.78 14 9.99 10.97 26.52 12.98 12.77 14.31 9.33
Net Sales Growth(%) -11.98 -19.84 -36.72 -31.7 -23.94 16.77 0.65 19.55 27.67 21.52 84.19
EBIT Growth(%) -27.99 -36.21 -7.67 -17.47 17.7 -17.1 7.34 75.17 19.47 46.67 62.02
PAT Growth(%) -28.64 -61.57 -9.68 -150.36 458.53 -38.45 -14.97 83.85 -32.1 28.77 228.77
EPS Growth(%) -54.5 -62.72 -5.24 -81.89 871.71 -42.43 -8.18 79.43 -28.68 17.15 232.62
Debt/Equity(x) 0.7 0.68 0.8 1.05 0.63 0.54 2.07 1.75 2.02 3.05 2.94
Current Ratio(x) 1.25 1.29 1.24 1.15 1.53 1.65 1.61 1.53 1.34 1.34 1.49
Quick Ratio(x) 0.25 0.25 0.25 0.24 0.37 0.41 0.22 0.18 0.19 0.17 0.45
Interest Cover(x) 2.41 1.65 1.65 0.99 2.56 1.82 1.68 1.61 1.34 1.26 1.53
Total Debt/Mcap(x) 2.69 3.76 2.05 2.59 1.32 1.18 5.55 7.65 10.16 7.84 7.66

RDB Realty & Infra Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 74.01 70.42 70.42 70.42 70.42 70.42 70.42 70.42 70.42 70.42
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 25.99 29.58 29.58 29.58 29.58 29.58 29.58 29.58 29.58 29.58
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has delivered good profit growth of 33% CAGR over last 5 years
  • Debtor days have improved from 275.14 to 89.09days.

Cons

  • Company has a low return on equity of 6% over the 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.

RDB Realty & Infra News

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