Is Radhe Developers (India) Ltd (531273) 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 .

Is Radhe Developers (India) Ltd (531273) 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 Somewhat Undervalued zone .

What is Radhe Developers (India) Ltd (531273) share price return in the past 10 years?

Radhe Developers (India) Ltd share price has appreciated 5% annually (CAGR) over the past ten years.

Is Radhe Developers (India) Ltd (531273) a good buy now?

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

What is the share price of Radhe Developers (India) Ltd (531273)?

Company share prices are keep on changing according to the market conditions. The current trading price of Radhe Developers (India) Ltd (531273) on 21-Apr-2026 12:20:00 at 12:20 is 1.84.

What is the P/E ratio of Radhe Developers (India)?

The latest standalone P/E ratio of Radhe Developers (India) as of 21-Apr-2026 is 18.83.

What is the P/B ratio of Radhe Developers (India) Ltd (531273)?

The latest standalone P/B ratio of Radhe Developers (India) Ltd (531273) as of 21-Apr-2026 is 1.45.

What is the 52-week high and low of Radhe Developers (India) Ltd (531273)?

The 52-week high of Radhe Developers (India) Ltd (531273) is Rs. 3.03 and the 52-week low is Rs. 1.16.

Radhe Developers (India) Ltd (531273) Share Analysis – Order Book, Quality & Valuation Zone & DeciZen Rating

Name: Radhe Developers (India) Ltd (531273)
Brand: Radhe Developers (India)

Radhe Developers (India) Ltd (531273) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Radhe Developers (India) Ltd (531273)

BSE: 531273 NSE:

Key Metrics

Market Cap

₹102 Cr.

P/E Ratio

18.83

Price to Book (P/B)

1.45

Price to Sales (P/S)

7.87

EV/EBITDA

17.84

Return on Capital Employed (ROCE)

2.63%

Current Price

₹1.8

Return on Equity (ROE)

2.42%

Return on Assets (ROA)

0.96%

Operating Profit Margin

41.7%

Net Profit Margin

17.58%

Gross Profit Margin

28.6%

Book Value per Share

₹1.3

Sales Growth (YoY)

13.31%

Sales Growth (3 Years)

-43.99%

Operating Profit Growth (1 Year)

NA%

Operating Profit Growth (3 Years)

-54%

Net Profit Growth (1 Year)

NA%

52-Week Low / High

₹1 / 3

Net Profit Growth (3 Years)

-62.36%

Dividend Yield

0.00%

Promoter Holding

49.69%

Pledged shares (%)
of Promoter's holding (%)

0.00%

Check Before You Invest

Q.1 Revenue growth of Radhe Developers (India) Ltd?

Radhe Developers (India) Ltd revenue growth is 13.3% for FY-2025 , which is below its 5 year CAGR of 14.7% , indicating slower growth.

Q.1 Promoter shareholding and pledge status of Radhe Developers (India) Ltd?

Promoters hold 47.27% of the Radhe Developers (India) Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of Radhe Developers (India) Ltd vs industry peers?

Radhe Developers (India) Ltd revenue CAGR is 14.69% , compared to the industry median CAGR of 0.00% , indicating faster growth and gaining its market share.

Q.1 Which industry/sub-sector does Radhe Developers (India) Ltd belong to?

Radhe Developers (India) Ltd belongs to the Construction & Infrastructure sector, operating specifically within the Construction - Real Estate segment.

Q.1 Stock return of Radhe Developers (India) Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 4.8% based on the current price.

DeciZen - make an informed investing decision on Radhe Developers

Based on:

Data

Overall Rating ⓘ
Login to view analysis. M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation ⓘ

3. Price Trend

Radhe Developers (India) stock performance

Key Ratios

Is Radhe Developers (India) Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	11.7%	3.5%	3.9%	0.5%	-5.7%	-9.5%	68.6%	2.7%	-4.5%	2.6%	-
Value Creation Index ⓘ	-0.2	-0.8	-0.7	-1.0	-1.4	-1.7	3.9	-0.8	-1.3	-0.8	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	16.6	5.5	10	10.7	3.9	0.9	43.6	14.3	6.8	7.7	13
Sales YoY Gr.	-	-66.7%	81%	6.6%	-63.8%	-76.9%	4,798.9%	-67.1%	-52.9%	13.3%	-
Adj EPS ⓘ	0.1	0	0	-0	-0	-0.1	0.5	0.1	-0.1	0	0.1
YoY Gr.	-	-66.7%	-50%	-100%	NA	NA	NA	-72%	-164.3%	NA	-
BVPS (₹) ⓘ	0.7	0.7	0.7	0.7	0.6	0.6	1.1	11	1	1.2	1.3
Adj Net Profit ⓘ	3	1	0.6	-0.1	-1.9	-2.7	25.2	0.7	-4.5	1.4	5
Cash Flow from Ops. ⓘ	-5	2.8	-2	5.3	-0.1	-0	-8.4	-9.1	-18.7	-0.8	-
Debt/CF from Ops. ⓘ	-0.8	1.2	-4.1	0	-8.1	-24.9	-1.3	-2.5	-2.3	-42.2	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-8.2%	14.7%	-44%	13.3%
Adj EPS ⓘ	-7.4%	NA	-60.9%	NA
BVPSⓘ	6.3%	12.6%	2.4%	16%
Share Price	5%	34.4%	-26.6%	-10.2%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	9.1	3.1	1.9	-0.2	-5.8	-8.9	60.3	1.3	-8.6	2.4	8.2
Op. Profit Mgn % ⓘ	25.4	-4.3	11.2	5.8	-34.8	-246.8	75.2	10.1	-41.2	41.7	59.4
Net Profit Mgn % ⓘ	17.9	18.6	6.4	-0.5	-49.4	-308.2	57.9	5	-67	17.6	42.5
Debt to Equity ⓘ	0.1	0.1	0.2	0	0	0	0.2	0.4	0.8	0.6	-
Working Cap Days ⓘ	1,420	3,962	2,137	1,981	5,298	23,004	633	2,745	6,889	6,504	1,025
Cash Conv. Cycle ⓘ	547	1,646	931	656	1,840	7,960	128	797	2,412	2,217	9

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	0.1	-0
TTM Sales (₹ Cr.)	12.9	0.4
BVPS (₹) ⓘ	1.3	0
Reserves (₹ Cr.) ⓘ	15	15
P/BV ⓘ	1.45	0.00
PE ⓘ	18.83	0.00

From the Market
52 Week Low / High (₹)	1.16 / 3.03
All Time Low / High (₹)	0.01 / 18.00
Market Cap (₹ Cr.)	102
Equity (₹ Cr.)	54.9
Face Value (₹)	1
Industry PE ⓘ	46.6

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Radhe Developers - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	17	6	10	11	4	1	44	14	7	8
Operating Expenses ⓘ +	12	6	9	10	5	3	11	13	10	4
Manufacturing Costs	4	4	5	1	1	1	4	6	5	3
Material Costs	7	1	2	7	2	1	0	0	-0	-1
Employee Cost	0	1	1	1	1	1	1	1	2	1
Other Costs ⓘ	1	1	1	1	1	1	5	5	3	2
Operating Profit ⓘ	4	-0	1	1	-1	-2	33	1	-3	3
Operating Profit Margin (%)	25.4%	-4.7%	11.0%	5.8%	-34.8%	-274.0%	75.2%	10.1%	-43.2%	41.7%
Other Income ⓘ +	0	2	1	0	0	0	0	1	0	0
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	0	0	1	0	0	0	0	0	1	1
Depreciation ⓘ	0	0	1	1	1	1	0	1	1	1
Profit Before Tax ⓘ	4	1	1	0	-2	-3	32	2	-5	1
Tax ⓘ	1	0	0	0	-0	-0	7	1	0	0
Profit After Tax	3	1	1	-0	-2	-3	25	1	-5	1
PAT Margin (%)	17.9%	18.3%	6.3%	-0.5%	-49.4%	-327.0%	57.9%	5.0%	-68.4%	17.6%
Adjusted EPS (₹)	0.1	0.0	0.0	0.0	-0.0	-0.1	0.5	0.1	-0.1	0.0
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	34	33	34	34	32	29	54	55	51	61
Share Capital ⓘ	25	25	25	25	25	25	25	50	50	52
Reserves ⓘ	9	8	9	9	7	4	29	5	0	8
Debt +	4	3	5	0	1	0	10	22	41	33
Long Term Debt	0	1	1	0	1	0	1	1	9	7
Short Term Debt	4	2	4	0	1	0	10	21	32	26
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	1	2	2	1	1	1	1	4	3	2
Others Liabilities ⓘ	26	23	22	24	26	27	32	45	45	45
Total Liabilities ⓘ	65	61	64	59	60	58	98	126	140	141
Fixed Assets
Net Fixed Assets ⓘ +	2	4	3	3	3	1	3	5	3	3
Gross Block	3	4	4	4	5	3	3	7	6	6
Accumulated Depreciation	1	0	1	1	2	1	0	2	2	3
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investments ⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	24	26	26	21	20	20	23	43	50	51
Trade Receivables	3	0	0	0	0	0	0	0	0	0
Cash Equivalents	1	0	1	1	0	1	0	0	1	0
Others Assets ⓘ	36	31	33	35	37	36	72	77	85	87
Total Assets ⓘ	65	61	64	59	60	58	98	126	140	141

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	-5	3	-2	5	-0	-0	-8	-9	-19	-1
PBT ⓘ	4	1	1	0	-2	-3	32	2	-5	1
Adjustment ⓘ	0	1	1	1	1	1	0	1	2	2
Changes in Working Capital ⓘ	-9	2	-4	5	1	2	-34	-11	-16	-4
Tax Paid ⓘ	-0	-1	-0	-0	0	0	-7	-0	0	0
Cash Flow From Investing Activity ⓘ +	-1	-2	-0	-0	-1	1	-2	-3	1	-0
Capex	-1	-2	-0	-0	-1	1	-2	-3	1	-0
Net Investments	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0	0	0	0	0	0	0	0	0
Cash Flow From Financing Activity ⓘ	4	-1	2	-5	1	-1	10	12	19	0
Net Proceeds from Shares ⓘ +	0	0	0	0	0	0	0	0	0	9
Net Proceeds from Borrowing ⓘ	0	1	0	-1	1	-0	1	1	8	-1
Interest Paid ⓘ	-0	-0	-0	-0	-0	-0	-0	-0	-1	-1
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	4	-2	2	-4	0	-0	9	12	12	-6
Net Cash Flow ⓘ	-2	-0	0	-0	-0	0	-0	0	1	-1

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	9.14	3	1.88	-0.16	-5.77	-9.5	60.33	1.3	-8.75	2.42
ROCE (%)	11.69	3.52	3.92	0.5	-5.73	-9.52	68.56	2.69	-4.53	2.63
Asset Turnover Ratio	0.24	0.09	0.16	0.17	0.07	0.02	0.56	0.13	0.05	0.05
PAT to CFO Conversion(x)	-1.67	3	-2	N/A	N/A	N/A	-0.32	-9	N/A	-1
Working Capital Days
Receivable Days	43	107	5	3	1	2	0	0	9	0
Inventory Days	551	1,651	959	805	1,902	8,065	179	839	2,494	2,403
Payable Days	82	1,128	276	64	111	413	3,366	5,926	-5,415	-1,037

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Radhe Developers (India) Ltd FAQs

The current trading price of Radhe Developers on 21-Apr-2026 12:20 is ₹1.84.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Apr-2026 the market cap of Radhe Developers stood at ₹101.5 Cr

The latest P/E ratio of Radhe Developers as of 20-Apr-2026 is 18.83.

The latest P/B ratio of Radhe Developers as of 20-Apr-2026 is 1.45.

The 52-week high of Radhe Developers is ₹3.03 and the 52-week low is ₹1.16.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Radhe Developers is ₹12.91 ( Cr.) .

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 â€“ A project of luxurious farmhouses

Olympus Mall â€“ 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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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Radhe Developers (India) Ltd (531273) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Radhe Developers Share Price