Rajsanket Realty (Delisted) share price

BSE: 512409Finance

Rajsanket Realty Limited · Face value ₹10 · Listed May 1992

Last traded ₹53.20 on 8 Mar 2021

Delisted on 12 Nov 2023.

Last announcements

The company's own last announcements before its shares stopped trading, routine notices left out.

  1. Dec 2022

  2. Nov 2022

  3. Oct 2022

    • 21 Oct · Statement Of Investor Complaints For The Quarter Ended September 2022

      No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0 0 0 0
  4. Aug 2022

  5. Jul 2022

    • 20 Jul · Statement Of Investor Complaints For The Quarter Ended June 2022

      No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0 0 0 0

Share price history

Daily closes since Mar 2007, adjusted for splits and bonuses

Daily close, ₹ per share

Results for the quarter to Mar 2020

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

Revenue
₹3.41 Cr−70.7% on a year ago · +1.3% on the quarter before
Operating profit
₹6.05 Cr+0.1% on a year ago · −2.0% on the quarter before
Net profit
−₹0.50 Cr
Earnings per share
−₹2.07
Operating margin
177.8%
Net margin
−14.6%

From revenue to net profit, ₹ crore

  1. Revenue3.4
  2. Materials and goods+3.3
  3. Employee costs−0.4
  4. Other expenses−0.2
  5. Operating profit6.1
  6. Depreciation0.0
  7. Other income0.0
  8. Finance costs−6.6
  9. Profit before tax−0.5
  10. Tax0.0
  11. Net profit−0.5

Rajsanket Realty results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Mar 2020. Results for the quarter to Jun 2020 were due by 14 Aug 2020, 45 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit
  • Loss
112.0Jun 17813.5Sep 177.6−2.3Dec 176.0−8.1Mar 18161.8Jun 188.70.4Sep 185.0−8.1Dec 1812−3.4Mar 195.2−2.7Jun 193.5−2.6Sep 193.4−2.6Dec 193.4−0.5Mar 20
A loss in 8 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
183.8%−162.0%44.3%9.2%4.2%56.3%61.0%98.0%106.7%52.0%96.6%173.0%183.8%177.8%18.8%4.3%−29.9%−134.7%10.7%4.6%−162.0%−29.3%−52.5%−74.3%−77.3%−14.6%Jun 17Dec 17Jun 18Dec 18Jun 19Dec 19Mar 20
₹ croreJun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1Sep 2019Dec 2019Q3Mar 2020
Revenue from operations2.32.32.92.53.23.23.23.310.881.57.66.016.48.75.011.65.23.53.43.4
–––––9.8–−3.66.073.97.22.66.40.2−0.35.60.2−2.6−2.8−2.6
Materials and goods bought8.64.53.1−1.0−1.88.04.8−5.63.961.8−3.7−7.55.6−0.9−1.23.9−1.7−3.3−3.4−3.3
Employee costs––––––––––––0.50.60.50.80.50.40.30.4
Other expenses––––––––––––0.30.50.40.91.40.30.20.2
Operating profit before depreciation–––––−6.6–6.84.87.50.33.410.08.65.36.05.06.06.26.1
Operating margin–––––−208.0%–209.8%44.3%9.2%4.2%56.3%61.0%98.0%106.7%52.0%96.6%173.0%183.8%177.8%
Depreciation and amortisation0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Other income––0.00.00.00.10.00.03.63.73.9−0.10.00.0−8.1−0.30.6−0.20.00.0
Finance costs−4.4−4.5−5.0−5.3−7.2−6.5−5.96.55.46.25.915.67.68.08.38.69.39.39.76.6
One-off items––––––––––––0.00.00.00.00.00.00.00.0
Profit before tax−1.4−0.8−0.2−0.30.30.10.20.32.95.1−1.7−12.42.40.6−11.1−2.8−3.7−3.5−3.5−0.5
–––––––0.10.91.60.5−4.30.60.2−3.00.6−1.0−0.9−0.90.0
Tax rate–––––––37.0%31.0%31.0%––25.4%28.6%––––––
Net profit−1.0−0.5−0.2−0.20.20.00.10.22.03.5−2.3−8.11.80.4−8.1−3.4−2.7−2.6−2.6−0.5
Net margin−42.1%−23.8%−5.3%−8.2%5.5%1.4%4.2%6.1%18.8%4.3%−29.9%−134.7%10.7%4.6%−162.0%−29.3%−52.5%−74.3%−77.3%−14.6%
Earnings per share––––₹0.74––₹0.83₹8.47₹14.56−₹9.45−₹33.82₹7.34₹1.67−₹33.63−₹14.22−₹11.33−₹10.83−₹10.84−₹2.07
Earnings per share in rupees, restated for later splits and bonuses.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2018, the company's revenue for the year to Mar 2018, ₹117 Cr, differs from its quarters added, ₹106 Cr. From the quarter to Mar 2019, the company's revenue for the year to Mar 2019, ₹32 Cr, differs from its quarters added, ₹42 Cr.

10 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
0.20.1Mar 110.40.2Mar 120.3−0.3Mar 134.0−3.9Mar 148.6−3.0Mar 1510−1.9Mar 16130.6Mar 17117−4.9Mar 1832−9.3215Mar 1915−8.4225Mar 20
A loss in 7 of the 10 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
208.9%−103.6%70.2%80.2%208.9%23.0%63.4%150.8%56.3%56.4%−103.6%−98.1%−34.5%−18.8%4.3%−4.2%−28.8%−54.4%Mar 11Mar 13Mar 15Mar 17Mar 19Mar 20

The years either side of a change of basis do not compare. From the year to Mar 2018, the company's revenue for that year, ₹117 Cr, differs from its quarters added, ₹106 Cr. From the year to Mar 2019, the company's revenue for that year, ₹32 Cr, differs from its quarters added, ₹42 Cr.

Results for the year to Mar 2020

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Revenue15
  2. Materials and goods+12
  3. Employee costs−1.6
  4. Other expenses−2.2
  5. Operating profit23
  6. Depreciation−0.1
  7. Other income+0.4
  8. One-off items0.0
  9. Finance costs−35
  10. Profit before tax−11
  11. Tax+2.8
  12. Net profit−8.4

What the company owns

  • Plant, investments and other assets₹185 Cr
  • Inventory₹170 Cr
  • Receivables₹10 Cr
  • Cash and bank₹0 Cr
  • Current investments₹0 Cr

What pays for it: net worth and liabilities

  • Borrowings₹225 Cr
  • Other liabilities₹120 Cr
  • Owed to suppliers₹21 Cr

Profit and loss

Standalone, ₹ crore, years to March.

₹ croreMar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue from operations0004910131173215
––01––−149012−8
Materials and goods bought––−1−2021−9−25547−12
Employee costs––0–––––22
Other expenses––1–––––22
Operating profit before depreciation––03––27272123
Operating margin––70.2%80.2%––208.9%23.0%63.4%150.8%
Materials, % of revenue––−273.8%–––––22.6%−75.3%
Employee costs, % of revenue––45.5%–––––7.4%10.1%
Other expenses, % of revenue––258.1%–––––6.6%14.3%
Depreciation and amortisation–000000000
Operating profit after depreciation––03––27272023
Other income–––––00010
Finance costs––19−18−1926333235
One-off items––––––––00
Profit before tax000−6−4−31−6−11−11
000−2––0−1−2−3
Net profit000−4−3−21−5−9−8
Net margin56.3%56.4%−103.6%−98.1%−34.5%−18.8%4.3%−4.2%−28.8%−54.4%
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2014, Mar 2017 and Mar 2018 they do not, so they are left blank. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2011: the statement does not state its finance costs or depreciation, which operating profit is worked out from, so operating profit is not given. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2012: the statement does not state its finance costs, which operating profit is worked out from, so operating profit is not given. Tax is left blank for the years to Mar 2015 and Mar 2016: profit before tax less the tax charge stated does not come to the profit after tax the same statement states, so the tax charge is not shown. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2015 and Mar 2016: revenue, other income and exceptional items less the total expenses stated do not come to the profit before tax the same statement states, so the operating expenses cannot be told apart from the rest.
Earlier years, Mar 2008 to Mar 2010
₹ croreMar 2008Mar 2009Mar 2010
Revenue from operations0.660.100.04
Other income0.02––
Finance costs0.03––
Profit before tax0.630.060.02
Tax0.210.020.01
Net profit0.420.040.01
Net margin63.4%42.0%17.1%
Standalone, ₹ crore, years to March.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2019Mar 2020
−14−23
Share capital22
Reserves−17−25
Borrowings215225
160163
Liabilities due after a year215225
Total assets361365
2217
339349
Net debt215225
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Standalone, ₹ crore, years to March.

₹ croreMar 2020
26.0
25.7
2.0
Receivables−0.4
Inventories−17.1
Payables11.5
Other working capital8.0
Tax paid0.4
Capital spending0.0
Free cash flow26.0
Cash from investing0.0
−26.2
Dividends paid0.0
Shares bought back0.0
Shares issued0.0
Net change in cash−0.2
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016, Mar 2017, Mar 2018 and Mar 2019.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Earnings per share−₹1.31−₹16.46––₹2.32−₹20.25−₹38.84−₹35.07
Diluted earnings per share−₹1.31−₹16.46––₹2.32−₹20.25−₹38.84−₹35.07
Book value per share––––––−₹59.34−₹94.41

Ratios

Standalone, years to March.

RatioMar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue growth600.0%78.0%−30.7%1,230.5%114.6%16.1%28.7%––−52.3%
Operating profit growth–––1,419.7%–––––13.5%
Net profit growth2,200.0%78.3%––––––––
––––––––65.5%45.6%
–––––––––−19.8 pts
From the net margin–––––––––58.4 pts
From asset turnover–––––––––−65.1 pts
From borrowing–––––––––−13.1 pts
Return on capital employed––––––––10.2%11.5%
Interest cover––0.20.3––1.00.80.60.7
Receivable days––––––––125246
Inventory days––––––––7,637−5,338
Payable days––––––––1,123−647
Cash conversion cycle, days––––––––6,639−4,445
Working capital days––––––––2,0144,392
Asset turnover––––––––0.090.04
Assets per rupee of net worth––––––––−25.40−19.73
Sales per rupee of plant––––––––146.31108.52
Capital spending to depreciation–––––––––0.00
Plant being built, % of plant in use––––––––0.0%0.0%
Revenue growth and operating profit growth are left blank for the years to Mar 2018 and Mar 2019: between the two periods the company restated its earlier figures, so the two are on different bases and the change is not worked out. Debt to equity is left blank for the years to Mar 2019 and Mar 2020: net worth is below zero, so there is no shareholders' money to set the borrowings against. No balance sheet is on record for the years to Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2020.

Return on assets, latest year
−2.3%
Cash from operations against operating profit
111.8%
Measure10 years5 years3 years
Return on equity, average––55.5%
Return on capital employed, average––10.8%
Operating margin, average–111.5%79.1%
Net margin, average−22.5%−20.4%−29.1%
Asset turnover, average––0.07
Cash conversion cycle, days, average––1,097
Interest cover, average–0.80.7

Where the cash came from and went

Standalone: the listed company alone, without its subsidiaries. ₹ crore, added up over each window, which ends with the year to Mar 2020.

₹ croreLatest year
Cash from operations26.0
Cash from investing0.0
Cash from financing−26.2
Capital spending0.0
Dividends paid0.0
Shares bought back0.0
Shares issued for cash0.0
Borrowings raised8.6
Borrowings repaid34.8

Accounting checks

Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Altman Z-scorePublished threshold 1.1––––––––3.463.49
Beneish M-scorePublished threshold −1.78–––––––––−3.06
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets–––––––––−9.48
Receivables growth less revenue growthOur threshold 0 percentage points–––––––––46.28
Inventory growth less cost-of-goods growthOur threshold 0 percentage points–––––––––270.24
Other current assets growth less revenue growthOur threshold 5 per cent of revenue–––––––––−4.10
Assets under construction, years of additionsOur threshold 2 years of additions–––––––––0.00
Effective tax ratePublished threshold 17.16 per cent31.8634.14––––34.24–––
A threshold marked as ours has no published figure; it is the line we read the check against.

Business segments

In the year to Mar 2020 the company reports one business segment, Real Estate, which carries all its revenue.

Rajsanket Realty share price by year

Each calendar year to 2021.

YearClose at year endChangeHighest closeLowest close
202153.20−5.0%53.2053.20
201756.000.0%56.0056.00
201656.00+3.7%56.0056.00
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2021 is from its first session, 8 Mar 2021. 2017 is from its first session, 28 Mar 2017. 2016 is from its first session, 14 Oct 2016. The change in 2021 is on the close at the end of 2017, the last year before it with a trade. The change in 2016 is on the close at the end of 2012, the last year before it with a trade. The close is the year's last trade for 2021 (8 Mar 2021), 2017 (28 Mar 2017) and 2016 (14 Oct 2016).

Recent sessions

The 10 trading days to 8 Mar 2021, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
8 Mar 202153.2053.2053.2053.2053.209
28 Mar 201758.8058.8056.0056.00–11
14 Oct 201656.0056.0056.0056.0056.009
6 Feb 201254.0054.0054.0054.0054.002
11 Jan 201253.9553.9553.9553.9553.951
29 Nov 201053.9553.9553.9553.9553.951
29 Sep 201056.7056.7056.7056.7056.701
22 Jul 201054.0054.0054.0054.0054.0010
20 Apr 201052.0052.0052.0052.0052.001
24 Mar 200943.4047.9043.4047.9045.651,000
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
512409
ISIN
INE314F01016
Industry
Finance
CIN
L70101MH1985PLC036272
Corporate identity number, the registrar of companies' code for it
Incorporated
1985
Registered office
139 Seksaria Chambers 2nd Floor N M Road Fort, Mumbai 400023, Maharashtra
Share registrar
Link Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments