Ratnabhumi Developers Ltd.
Snapshot View

120.55 +2.45 ▲2.1%

20 May 2022, 04:01:00 PM
Volume: 15,153

Overview View Details

Sector Realty Compare with Sector peers
Industry Construction - Real Estate Compare with Industry peers
Website http://www.ratnagroup.co.in
Market Cap 167.21 Cr.
Enterprise Value(EV) 187.60 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) 0.60 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 202.32 Trailing Twelve Months Ending 2021-03
Industry PE 80.49 Trailing Twelve Months Ending 2021-03
Book Value / Share 25.24 Trailing Twelve Months Ending 2021-03
Price to Book Value 4.78 Calculated using Price: 120.55
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 1.37 Cr. 13,700,000 Shares
FaceValue 10
Company Profile

Ratnabhumi Developers was originally incorporated as Navratna C G Road Properties Private Limited at Ahmedabad on July 27, 2006 under the provisions of the Companies Act, 1956 vide Certificate of Incorporation issued by the Registrar of Companies, Gujarat, Dadra and Nagar Haveli, Ahmedabad. Subsequently, the name of company was changed to -Ratnabhumi Developers Private Limited?on July 9, 2009 and fresh Certificate of Incorporation consequent upon change of name was issued by the Registrar of Companies, Gujarat, Dadra and Nagar Haveli, Ahmedabad. Consequently upon the conversion of Company into public limited company, the name of Company was changed to -Ratnabhumi Developers Limited and fresh Certificate of Incorporation dated September 18, 2017 was issued by the Registrar of Companies, Gujarat Dadra and Nagar Haveli, Ahmedabad.

The company follows a particular process for development of real estate projects. It prepares the layout of the building in consultation with the architects, makes an arrangement to get all the approvals required for the project, carries out all the activities required for the construction and development of the project, and after the completion of the development process it sells off the project.

Business area of the company

Ratnabhumi Developers is engaged in acquiring land, carrying out construction work, developing and organizing of immovable properties etc. During the period 2009-2012, Company completed the project namely Ratna TURQUOISE costing Rs 65.63 Crores. Company's main business activities were selling and marketing of its commercial offices and shops constructed in their project Turquoise. Apart from selling and marketing of its commercials offices and shops, they have rented their shops, offices and spaces in their Project Turquoise to corporate clients for their business, commercials, advertisement and installing network equipment.

Major events and milestones of the company

  • 2006: The Company was incorporated as Navratna C G Road Properties Private Limited
  • 2009: The Company was acquired by Jitendra Shah and Mahendra Shah from the original Promoters of the Company
  • 2009: The Company had started the Project -Ratna- Turquoise in Ahmedabad
  • 2012: The Company had completed the Project -Turquoise in Ahmedabad
  • 2016: The Company was taken over by existing Promoters i.e. Kaivan Shah and Meghna Shah from Previous Promoters
  • 2017: The Company has entered in to Limited Liability Partnership Agreement with Rajul Projects LLP for developing project namely -Ratna Artemus II.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+2.07%
1 Week
+2.16%
1 Month
-16.20%
3 Month
+89.10%
6 Month
+82.24%
1 Year
+105.19%
2 Year
+20.55%
5 Year
10 Year
2 years 2020-03 2021-03
Return on Equity (%) 1.07 2.13
Return on Capital Employed (%) 1.69 2.87
Return on Assets (%) 1.05 2.09

Balance Sheet View Details

Particulars 3 years 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds 34 35 35
Non Curr. Liab. 1 1 30
Curr. Liab. 0 0 1
Minority Int.
Equity & Liab. 34 35 65
Non Curr. Assets 17 21 2
Curr. Assets 18 15 63
Misc. Exp. not W/O
Total Assets 34 35 65

Profit Loss View Details

Particulars 2 years 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 1 4
Other Income
Total Income 1 4
Total Expenditure 0 -3
PBIDT 1 1
Interest 0 0
Depreciation 0 0
Taxation 0 0
Exceptional Items
PAT 0 1
Minority Interest
Share Associate 0
Other Related Items
Consolidated Net Profit 0 1
Adjusted EPS 0 1

Cash Flow View Details

No Cash Flow Statement Found

Shareholding Pattern View Details

9 Qtrs 2019-03 (%) 2019-09 (%) 2020-03 (%) 2020-09 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 72.99 72.99 72.99 72.99 72.77 72.77 72.77 72.77 73.57
Public 27.01 27.01 27.01 27.01 27.23 27.23 27.23 27.23 26.43
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 19 May 2022
Board Meeting Intimation for Consideration Of Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended On 31St March 2022.
Ratnabhumi Developers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/05/2022 inter alia to consider and approve The Audited Standalone & Consolidated Financial Results for the Quarter and year ended on 31st March 2022.
Wed, 13 Apr 2022
Format of Initial Disclosure to be made by an entity identified as a Large Corporate
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompayRatnabhumi Developers Ltd
2CINL45200GJ2006PLC048776
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 416381658.00
4Highest Credit Rating during the previous FY NA
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: Mauli Shah
Designation: Company Secretary and Compliance Officer
EmailId: compliance@ratnagroup.co.in
Name of the Chief Financial Officer: Rinni Shah
Designation: Chief Financial Officer
EmailId: rinni@ratnagroup.co.in

Date: 13/04/2022

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Thu, 07 Apr 2022
Certificate Under Regulation 7(3) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 For The Year Ended On 31St March 2022.
Please find enclosed the Certificate under Regulation 7(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 for the year ended on 31st March 2022.

Technical Scans View Details

Fri, 20 May 2022
Higher Delivery Quantity Higher Delivery Quantity
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity
Closing Above Previous High Closing Above Previous High
High Decrease 1 Month High Decrease 1 Month

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