Radhe Developers (India) Ltd Stock Analysis

BSE: 531273 | NSE: | Construction - Real Estate | Small Cap

BSE Share Price 23-Sep-2022 18:01
9.98 0.08 (0.81%)

DeciZen - Make an Informed Decision on Radhe Developers

Overall Rating

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

Radhe Developers Price Chart

P/E Ratio (SA) :
19.01
Market Cap :
502.6 Cr.
52-wk low :
2
52-wk high :
18
Bole Toh?

1. Is Radhe Developers (India) Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Radhe Developers (India) Ltd is a below average quality company.

2. Is Radhe Developers (India) Ltd undervalued or overvalued?

The key valuation ratios of Radhe Developers (India) Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Radhe Developers (India) Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Radhe Developers (India) Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Radhe Developers:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Radhe Developers (India) Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % -1.6%-2%-3.1%8.7%2.9%2.5%0.2%-5.6%-8.6%53.5%-
Value Creation Index -1.1-1.1-1.2-0.4-0.8-0.8-1.0-1.4-1.62.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0.40.20.316.65.51010.73.90.943.647
YoY Gr. Rt. %--57.1%106.7%5,245.2%-66.7%81%6.6%-63.8%-76.9%4,798.9%-
Adj EPS -0-0-00.1000-0-0.10.50.5
YoY Gr. Rt. %-NANANA-66.7%-50%-100%NANANA-
BVPS (₹) 0.70.60.60.70.70.70.70.60.61.11.6
Adj Net Profit -0.8-0.8-1.2310.6-0.1-1.9-2.725.226
Cash Flow from Ops. 0.9-7.3-3.1-52.8-25.3-0.10-8.4-
Debt/CF from Ops. 1.7-0.4-0.1-0.81.2-4.10-8.1-24.9-1.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 70.9%51.2%60%4798.9%
Adj EPS NA90.4%NANA
BVPS 5.610.416.786.2
Share Price 41.1% 53.3% 144.8% 347.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % -2.2-2.6-3.79.13.11.9-0.2-5.8-8.960.339
Op. Profit Mgn % -118.7-385.7-233.525.4-4.311.25.8-34.8-246.875.273.5
Net Profit Mgn % -215-569.4-373.617.918.66.4-0.5-49.4-308.257.956.1
Debt to Equity 00.100.10.10.20000.2-
Working Cap Days 63,1431,57,42678,5711,4203,9622,1371,9815,29823,0046330
Cash Conv. Cycle 10,17140,65028,0135471,6469316561,8407,9601280

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 39.00%

Sales growth is growing at healthy rate in last 3 years 59.97%

Sales growth is good in last 4 quarters at 1389.58%

No data to display

Latest Financials - Radhe Developers (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 0.5 -0
TTM Sales (₹ Cr.) 46.7 0.4
BVPS (₹.) 1.6 0
Reserves (₹ Cr.) 30 11
P/BV 6.27 0.00
PE 19.01 0.00
From the Market
52 Week Low / High (₹) 2.02 / 18.00
All Time Low / High (₹) 0.01 / 18.00
Market Cap (₹ Cr.) 503
Equity (₹ Cr.) 50.4
Face Value (₹) 1
Industry PE 41.6

Management X-Ray of Radhe Developers :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Radhe Developers

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

About Radhe Developers (India) Ltd

Radhe Developers was established in the year 1990. Ever since its inception the name Radhe stands for quality, craftsmanship and expertise. The seeds of this entity were sown in the name of C Patel & Co by a farsighted and visionary man Chunibhai C Patel, having 50 years of experience in the business of construction and supervision, with an objective of promoting, construction and developing residential and commercial complexes. The history began with the founding of Jash Development Corporation in 1974 in partnership of Prafulbhai C Patel having 47 years of experience for developing a commercial unit, which was then let out. In the year 1990 Radhe Construction was established followed by Radhe Organizers, Radhe Estate Developers, Radhe Associates, Radhe Consultancy and Radhe Developers India Ltd. Together they have developed or are in the process of developing elegant, innovative and practical residential and commercial projects. Radhe Developers (India) Limited's principal activity is to construct and develop residential and commercial complexes. The residential projects include Takshshila, Mandar Bungalows and Tirthbhumi. The commercial projects include Tulsi, Ganesh Plaza and Abhinav Arcade. The ongoing projects are Emerald Park and Olympus Mall. The company operates only in India.

On January 5, 2010 the Radhe Developers decided to raise funds by launching fixed deposits of the company. The board has approved the FD text. These funds would be used for the company's upcoming projects.

Ongoing Projects:

Emerald Park – A project of luxurious farmhouses

Olympus Mall – First time in Ahmedabad a revolutionary innovation in the era of mall      

New Projects: 'Radhe Armaan' is a residential colony offering 6210 apartments of 675 sq ft each. It is located in the serene vicinity of Santej, only 8 km away from Ahmedabad. This FDI compliant scheme also offers all the essential amenities like school, hospital, shopping complex and other recreation facilities.

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