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Renaissance Global Ltd Stock Analysis

Small Cap
Evaluated by 388 users | BSE: 532923 | NSE: RGL |
Diamond & Jewellery
Renaissance Jewellery was originally incorporated on December 04 ,1989 as Mayur Gem and Jewellery Export Private Limited. Chandrakant Dhanak and Darshana Dhanakwere were the original promoters of the Company. In the year 1995 Niranjan A. Shah and family acquired the entire shareholding of...

Analysis of Financial Track Record

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.
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 8.78%14.43%4.29%11.37%5.27%6.87%4.85%2.96%7.99%5.39%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 6057097199821,0601,1431,1001,0331,2781,261
Y-o-Y Gr. Rt.-17.2%1.4%36.6%8%7.8%-3.7%-6.2%23.8%-1.4%
Adjusted EPS (Rs.) 15.2732.757.4829.8612.4817.2510.944.8322.7614.14
Y-o-Y Gr. Rt.-114.5%-77.2%299.2%-58.2%38.2%-36.6%-55.9%371.2%-37.9%
Book Value per Share (Rs.) 135.99155.82159.84180.29187.04208.21235.6230.59248.21247.89
Adjusted Net Profit 29.162.514.35723.832.920.2942.526.4
Net Op. Cash Flow (Rs. Cr.) -12.237.322.4-5812778.8-3.9-25.9-38.9106
Debt to Cash Flow from Ops -17.615.058.25-4.631.41.97-51.75-7.38-5.51.96
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Renaissance Global Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 8.5%3.5%4.6%-1.4%
Adjusted EPS -0.9%2.5%8.9%-37.9%
Book Value per Share 6.95.81.7-0.1
Share Price 22.2% 30.1% 17.7% 133.9%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 11.8422.224.7117.566.798.734.852.099.515.7
Operating Profit Margin (%) 7.1212.765.099.143.924.493.893.356.254.74
Net Profit Margin (%) 4.818.811.985.82.252.881.830.873.332.1
Debt to Equity 0.830.630.610.780.50.390.460.440.460.45
Working Capital Days 206198211205206184198217193197
Cash Conversion Cycle 15615215813112797105133127135
Entity Percentage Holding
Promoters 70.78%
Institutions 0.58%
Non-Institutions 28.62%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Renaissance Global Ltd's performance infers:

Renaissance Global Ltd earnings have grown by 2.5%, whereas share price has appreciated 30.1% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Renaissance Global Ltd share prices over the last 10 years. Here is what we found out:

Renaissance Global Ltd share price has appreciated 15.3% annually over the past ten years.

Renaissance Jewellery was originally incorporated on December 04 ,1989 as Mayur Gem and Jewellery Export Private Limited. Chandrakant Dhanak and Darshana Dhanakwere were the original promoters of the Company. In the year 1995 Niranjan A. Shah and family acquired the entire shareholding of Mayur Gem and Jewellery Export Private Limited. The name of the company got changed from April 16, 1997 from Mayur Gem & Jewellery Export Private Limited to RinaissanceGem & Jewellery Export
Renaissance Jewellery was originally incorporated on December 04 ,1989 as Mayur Gem and Jewellery Export Private Limited. Chandrakant Dhanak and Darshana Dhanakwere were the original promoters of the Company. In the year 1995 Niranjan A. Shah and family acquired the entire shareholding of Mayur Gem and Jewellery Export Private Limited. The name of the company got changed from April 16, 1997 from Mayur Gem & Jewellery Export Private Limited to RinaissanceGem & Jewellery Export Private Limited. 

Renaissance takes pride in their modern design studio complete with a state-of-the-art CAD/CAM facility. Their dedicated team of 40 designers is, well versed on the latest international trends and contributes at least 500 innovative designs monthly to their ever-expanding portfolio of over 25,000 styles. The majority of their current models are produced using CAD/CAM to ensure precision.

Their world-class production units consist of 2000 plus highly skilled workers with access to the latest in tools and machinery including a laser-soldering machine, Nutech J10 casting machine and OTEC Stream Liner machine, just to mention a few. Production is geared for over 100,000 pieces a month. Their production unit is capable of meeting their clients’ most stringent requirements. High quality and efficient production are the bywords of the shop floor.
    
Renaissance values developing a long-term partnership above marking a short-term sale. Their focus has always been on the timely delivery of quality goods. Every piece is assayed on our CMI machine for correct karatage and checked by an independent quality control team before shipping. Their customer-oriented marketing team ensures a quick turnaround of information and a consistent follow up customer requirements.

Business area of the company:

Core Business of Renaissance jewellery is  to manufacture & export of platinum & gold , silver jewellery with diamond & precious Stones, & supplying to major worldwide retailers like Wal-mart, NBC, JC Penny & Zales.
   
Achievements/ recognition:
  • Certificate of excellence by Gems & Jewellery Export Promotion Council for the year 2007-2008
  • Wal mart award for the supplier of the year 2004
  • Certificate of Export performance
  • Business Excellence Model Certificate
Awards
2011 - Renaissance Jewellery Ltd received GJEPC Award for Studded Jewellery Exports


Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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