REI Six Ten Retail Ltd - Stock Valuation and Financial Performance

BSE: 533065 | NSE: REISIXTEN | Retailing | Small Cap

BSE Share Price
Not Listed

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M-Cap below 100cr DeciZen not available

REI Six Ten Retail stock performance -

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P/E Ratio (SA):
0.00
Market Cap:
5.2 Cr.
52-wk low:
0.4
52-wk high:
0.4

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of REI Six Ten Retail:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16TTM
ROCE % 0%13.8%52.6%33.1%23.3%0.6%-12.1%-8%-11.7%-90.4%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 026183169171761441097.743.400
Sales YoY Gr.-NA218.8%-16.9%3.7%-14.3%-33.3%-76.2%-55.6%-100%-
Adj EPS 0294.91.61.92.10.1-1-0.5-0.7-1.8-3.9
YoY Gr.-NA-99.5%18.5%10.2%-97.6%-2160%NANANA-
BVPS (₹) 0668.545.68.310.16.85.83.7-2.3-2.3
Adj Net
Profit
07.422.626.729.90.8-15.2-7.5-10.4-26.4-57
Cash Flow from Ops. 082.939.7-21-5-10.1-1.2-0.7-0.20-
Debt/CF from Ops. 000-1.3-5.5-0-0.2-0-224.10-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA-100%-100%-100%
Adj EPS NA-197.3%NANA
BVPSNA-177.2%-169.3%-162.5%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16TTM
Return on
Equity %
013.750.738.529.60.6-12.2-8.1-14.9-262.4170.2
Op. Profit
Mgn %
05.15.27.27.51.60.8-2.1-20NAN
Net Profit
Mgn %
02.82.73.94.20.1-3.7-7.7-23.90-INF
Debt to
Equity
00.100.30.20000.70-
Working Cap
Days
0053911471941684921,10700
Cash Conv.
Cycle
00-15-261311815838100

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

Sales growth is not so good in last 4 quarters at %

Latest Financials - REI Six Ten Retail Ltd.

Standalone Consolidated
TTM EPS (₹) -3.9 -
TTM Sales (₹ Cr.) 0 -
BVPS (₹.) -2.3 -
Reserves (₹ Cr.) -63 -
P/BV -0.15 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 0.35 / 0.35
All Time Low / High (₹) 0.29 / 264.00
Market Cap (₹ Cr.) 5.2
Equity (₹ Cr.) 29.4
Face Value (₹) 2
Industry PE 107.9

Management X-Ray of REI Six Ten Retail:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *13.110.004.594.594.594.594.594.594.594.59
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of REI Six Ten Retail

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Sales152.09831.20690.90716.50614.05409.7097.7343.390
Operating Expenses 144.37787.94641.22663.84605.08406.5099.9844.330.32
Manufacturing Costs5.0519.574.420.510.390.160.070.040
Material Costs115.83682.17589.42640.80579.56391.5795.8143.250
Employee Cost 13.2141.8511.234.325.312.861.160.450.13
Other Costs 10.2744.3536.1518.2119.8211.912.940.580.19
Operating Profit 7.7243.2649.6852.668.973.20-2.25-0.94-0.32
Operating Profit Margin (%) 5.1%5.2%7.2%7.3%1.5%0.8%-2.3%-2.2%-
Other Income 0.110.400.090.050.070.090.020.010.05
Interest 0.191.631.370.100.140.100.0700
Depreciation 0.776.787.867.717.717.532.200.350.05
Exceptional Items 00000-46.85-10.44-30.37-86.94
Profit Before Tax 6.8835.2440.5544.891.19-51.19-14.94-31.66-87.26
Tax 2.5812.6414.1015.850.87-3.150.0300
Profit After Tax 4.3022.6026.4429.040.32-48.04-14.97-31.66-87.26
PAT Margin (%) 2.8%2.7%3.8%4.1%0.1%-11.7%-15.3%-73.0%-
Adjusted EPS (₹)172.01.61.82.00.0-3.3-1.0-2.2-5.9
Dividend Payout Ratio (%)0%13%11%10%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16

Equity and Liabilities

Shareholders Fund 9.7657.6880.76121.41148.70100.6685.6953.69-33.57
Share Capital 0.0528.7328.7329.1429.4229.4229.4229.4229.42
Reserves 9.7128.9552.0392.27119.2871.2456.2724.27-62.99
Minority Interest000000000
Debt0.670.5027.7627.530.180.09038.270
Long Term Debt0.670.5027.7627.230.180.09000
Short Term Debt0000.3000038.270
Trade Payables89.53194128.55328.39155.0547.3843.9143.2242.88
Others Liabilities 33.7727.8625.4326.107.961.650.280.540.50
Total Liabilities 133.73280.04262.50503.43311.89149.79129.88135.729.81

Fixed Assets

Gross Block54.85104.28105.53103.29101.81101.0619.5014.8314.83
Accumulated Depreciation0.937.7115.5027.2129.2036.5111.5210.8410.89
Net Fixed Assets53.9296.5690.0376.0872.6164.557.9843.94
CWIP 7.7700000000
Investments 000000000
Inventories29.8797.6239.68138120.0911.04000
Trade Receivables29.9361.8493.70213.0776.8383.7888.4387.240
Cash Equivalents 3.468.279.54161.981.050.320.170.19
Others Assets8.7915.7529.5560.2940.38-10.6233.1544.325.68
Total Assets 133.73280.04262.50503.43311.89149.79129.88135.729.81

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Cash Flow From Operating Activity 48.3639.70-20.96-5-10.13-1.22-0.70-0.170.02
PBT 6.8835.2440.5544.891.19-51.19-14.94-31.66-87.26
Adjustment 0.806.8813.149.048.5654.5110.961.230.05
Changes in Working Capital 40.683.76-59.52-41.18-16.06-4.513.3130.2587.23
Tax Paid 0-6.18-15.13-17.75-3.82-0.03-0.0300
Cash Flow From Investing Activity -47.19-41.65-1.610.13-0.350.630.28-38.230
Capex -45.59-49.43-1.620.08-0.030.380.140.040
Net Investments 000000000
Others -1.617.770.010.05-0.320.250.14-38.270
Cash Flow From Financing Activity 0.696.7723.8311.34-3.70-0.27-0.2238.250
Net Proceeds from Shares 0.057014.9900000
Net Proceeds from Borrowing 0.6700000000
Interest Paid -0.03-0.06-0.07-0.07-0.13-0.08-0.0600
Dividend Paid 00-3.36-3.35-3.420000
Others 0-0.1727.26-0.23-0.16-0.19-0.1638.250
Net Cash Flow 1.864.811.276.46-14.19-0.86-0.64-0.150.02
PARTICULARSMar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Ratios
ROE (%)44.1267.1838.2828.750.24-38.53-16.07-45.42N/A
ROCE (%)22.0181.8250.3634.980.89-40.88-15.95-35.63N/A
Asset Turnover Ratio1.144.022.551.871.511.770.70.330
PAT to CFO Conversion(x)11.251.76-0.79-0.17-31.66N/AN/AN/AN/A
Working Capital Days
Receivable Days7220417886723227390
Inventory Days722836457758000
Payable Days28276100130152941743680

REI Six Ten Retail Ltd Stock News

REI Six Ten Retail Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of REI Six Ten Retail on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of REI Six Ten Retail stood at ₹5.15.
The latest P/E ratio of REI Six Ten Retail as of 01-Jan-1970 05:30 is 0.00.
The latest P/B ratio of REI Six Ten Retail as of 01-Jan-1970 05:30 is -0.15.
The 52-week high of REI Six Ten Retail is ₹0.35 and the 52-week low is ₹0.35.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of REI Six Ten Retail is ₹0.00 ( Cr.) .

About REI Six Ten Retail Ltd

REI Six Ten Retail, the retail arm of REI Agro was launched on March 27, 2007. The company had been delisted in September as it decided to go in for a de-merger exercise. The retail arm of the company was de-merged into a separate entity called REI Six Ten Retail Ltd. convenience store chain 6Ten’s retail network has already spread to over 320 stores across NCR, Chandigarh, Mohali, Panchkula, Amritsar, Ludhiana, Ambala, and Nagpur with 3,10,000 sq.ft of retail space on investment of Rs.150 crore.REI Six Ten Retail  is a zero debt company

After the demerger resulting company issued nine equity shares of Rs 10 each for every 20 equity shares of Rs 10 each held in REI Agro. Upon the de-merger, the share capital of the company was “reduced by cancelling a sum of Rs 4 from each of the equity shares of Rs 10 and thereafter five such equity shares of Rs 6 each have been consolidated into three fully paid-up equity shares of Rs 10 each.

The paid-up equity capital of the company after the demerger adds up to Rs 289.30 lakh, which equals to 2.89 crore equity shares of a face value of Rs 10 each. Before the restructuring, the paid-up equity capital of the company was Rs 4,817.17 lakh, consisting of 4.81 crore equity shares. REI Six Ten Retail got listed on April 27, 2009 on the bourses.The advisors to the demerger exercise were ARSK Associates, Chartered Accountants and Khaitan and Company, Solicitors and Advocates for the demerger.

The 6Ten neighbourhood convenience store chain, now a separate listed company was a division of REI Agro Ltd, India’s leading producer and exporter of basmati rice, and offers products such as grocery items, FMCGs, and fruit & vegetables. Targetting middle class consumers the convenience stores are typically located close to consumers; the format does not require the store to be located in main markets or on main roads. It is one of the leading retail brands in fresh vegetables & fruits.

The rationale of the 6Ten stores was to capitalise on the REI’s relationships at the retail level. All 6Ten stores are on COCO (company-owned company operated) basis. The Company is fast expanding its presence in the northern states including Punjab & Harayana. The Company targets to open over 50 stores across these two states in next one year.

Business area of the company:

REI Six Ten Retail stores are Speciality Food Stores offering products such as grocery items, FMCG products, fruit & vegetables to consumers.

Wet Grocery and Private Label constitute majority of the sales of the company.

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