1. Is Ritesh Properties & Industries Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Ritesh Properties & Industries Ltd is a average quality company.
2. Is Ritesh Properties & Industries Ltd undervalued or overvalued?
The key valuation ratios of Ritesh Properties & Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
3. Is Ritesh Properties & Industries Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Ritesh Properties & Industries Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||4.9%||5.9%||5.9%||7.1%||7.5%||-0.3%||3.8%||-12.5%||24.3%||16%||-|
|Value Creation Index ⓘ||-0.7||-0.6||-0.6||-0.5||-0.5||-1.0||-0.7||-1.9||0.7||0.1||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||34.1%||-20.9%||62.8%||285%||-5%||121.8%||1.1%||10.8%||16.1%||-|
|Adj EPS ⓘ||0.1||0.1||0.1||0.2||0.2||-0||0.1||-0.6||1.6||0.7||0.5|
|YoY Gr. Rt. %||-||57.1%||9.1%||33.3%||12.5%||-111.1%||NA||-800%||NA||-59.1%||-|
|BVPS (₹) ⓘ||1.8||2||2.2||2.3||2.5||2.6||2.7||4.2||6.1||4.5||4.3|
|Adj Net Profit ⓘ||0.8||1.2||1.4||1.8||2.1||-0.3||0.9||-6.4||18.5||16||14|
|Cash Flow from Ops. ⓘ||0.5||8.1||6.4||3.3||-2.6||-10.3||2.4||-1.5||41.8||0.2||-|
|Debt/CF from Ops. ⓘ||1.2||0||0.1||0.1||-0.4||-0.1||0.2||-5||0.1||54.7||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||28.1%||29.3%||101%||-59.1%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||3.9||5.6||5.9||7||7.4||-0.9||3||-14.1||25.9||16.6||11.6|
|Op. Profit Mgn % ⓘ||13.9||2.4||6.7||9.6||3.7||-1.8||-0.4||-10.5||18.3||8.1||12.7|
|Net Profit Mgn % ⓘ||10.6||12.3||17.8||14.2||4.2||-0.6||0.9||-6.1||15.7||11.7||17|
|Debt to Equity ⓘ||0||0||0||0||0||0||0||0.2||0.1||0.1||0|
|Working Cap Days ⓘ||3,367||2,248||2,370||1,369||311||322||244||262||171||147||612|
|Cash Conv. Cycle ⓘ||-964||-272||-613||-315||56||152||164||176||54||40||551|
Return on Equity has increased versus last 3 years average to 11.60%
Net Profit is growing at healthy rate in last 3 years 101.04%
Sales growth is good in last 4 quarters at 71.18%
Sales growth has been subdued in last 3 years 0.00%
|TTM EPS (₹)||0.5||0.9|
|TTM Sales (₹ Cr.)||81.8||185|
|BVPS (₹.) ⓘ||4.3||4.3|
|Reserves (₹ Cr.) ⓘ||90||90|
|From the Market|
|52 Week Low / High (₹)||27.90 / 58.00|
|All Time Low / High (₹)||0.06 / 58.00|
|Market Cap (₹ Cr.)||1,179|
|Equity (₹ Cr.)||27.3|
|Face Value (₹)||1|
|Industry PE ⓘ||41.5|
Ritesh Properties and Industries is a leading company with business interests in garment exports. A public limited company , Ritesh Properties and Industries is based in Ludhiana under the leadership of Pran Arora, Chairman of the company. The company is listed on the Mumbai, Delhi, Kolkata and Ludhiana Stock Exchanges.
Recently the company has marked its foray in realty sector by entering into a joint venture agreement with developers Ansal Properties and Infrastructure (API) for developing a premium housing project and a business park in Ludhiana. The land is located at a prime location on Ludhiana-Chandigarh state highway. The total projected revenue will be about Rs.800 crs.
The project, christened as Hampton Court spreads across 42 acres on the Ludhiana-Chandigarh road, well within the municipal limits of Ludhiana city. Initial work on the project has already started and the project will be launched in a monthâ€™s time.
Ludhiana is growing very fast and there is an increasing need for quality housing especially in the city outskirts away from the city congestion. This township is designed to address that need and will offer ultra-modern, high-quality community living. The strategic location of the project will be a key factor for its success in days to come. The company is expected to benefit Rs 1.50 billion from the project. The premium housing project and the business park will be amidst peaceful environment in the outskirts of Ludhiana, away from the hustle-bustle of the city but in the close vicinity of prime locations in Ludhiana. The project will emphasize creation of a self-contained development, in order to foster harmonious community living. All basic amenities and support infrastructure club, community hall, local shopping centre, post Office, bank, health care centre, schools (nursery / crÃ¨che, place of religious worship, designated recreational spaces like playgrounds for children, jogging tracks, office, ample parking lots etc. will be part of this premium project.
Business area of the company: