Renaissance Global Limited designs, manufactures, and sells diamond studded jewelry in India and internationally.
Renaissance Global Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹718.80|
|52 Week High||₹206.00|
|52 Week Low||₹786.00|
|1 Month Change||0.20%|
|3 Month Change||25.00%|
|1 Year Change||175.61%|
|3 Year Change||144.82%|
|5 Year Change||416.94%|
|Change since IPO||326.46%|
Recent News & Updates
|532923||IN Luxury||IN Market|
Return vs Industry: 532923 exceeded the Indian Luxury industry which returned 85.7% over the past year.
Return vs Market: 532923 exceeded the Indian Market which returned 59% over the past year.
Stable Share Price: 532923 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 532923's weekly volatility (6%) has been stable over the past year.
About the Company
Renaissance Global Limited designs, manufactures, and sells diamond studded jewelry in India and internationally. The company offers gold jewelry, as well as bangles, pendant sets, and other products. It also engages in the retail and trade of cut and polished diamonds; gems; and furniture and accessories.
Renaissance Global Fundamentals Summary
|532923 fundamental statistics|
Is 532923 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|532923 income statement (TTM)|
|Cost of Revenue||₹17.77b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||46.72|
|Net Profit Margin||3.87%|
How did 532923 perform over the long term?See historical performance and comparison
0.6%Current Dividend Yield
Is Renaissance Global undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 532923 (₹718.8) is trading below our estimate of fair value (₹800.34)
Significantly Below Fair Value: 532923 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 532923's PE Ratio (15.4x) is in line with the Indian Luxury industry average.
PE vs Market: 532923 is good value based on its PE Ratio (15.4x) compared to the Indian market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 532923's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 532923 is overvalued based on its PB Ratio (1.6x) compared to the IN Luxury industry average (1.1x).
How is Renaissance Global forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Renaissance Global has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Renaissance Global performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 532923 has high quality earnings.
Growing Profit Margin: 532923's current net profit margins (3.9%) are higher than last year (2.8%).
Past Earnings Growth Analysis
Earnings Trend: 532923's earnings have grown by 7.7% per year over the past 5 years.
Accelerating Growth: 532923's earnings growth over the past year (49.7%) exceeds its 5-year average (7.7% per year).
Earnings vs Industry: 532923 earnings growth over the past year (49.7%) underperformed the Luxury industry 70.2%.
Return on Equity
High ROE: 532923's Return on Equity (10.4%) is considered low.
How is Renaissance Global's financial position?
Financial Position Analysis
Short Term Liabilities: 532923's short term assets (₹15.2B) exceed its short term liabilities (₹6.9B).
Long Term Liabilities: 532923's short term assets (₹15.2B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 532923's debt to equity ratio (70.9%) is considered high.
Reducing Debt: 532923's debt to equity ratio has increased from 54.8% to 70.9% over the past 5 years.
Debt Coverage: 532923's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: 532923's interest payments on its debt are well covered by EBIT (5.3x coverage).
What is Renaissance Global current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 532923's dividend (0.63%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: 532923's dividend (0.63%) is low compared to the top 25% of dividend payers in the Indian market (1.45%).
Stability and Growth of Payments
Stable Dividend: 532923's dividend payments have been volatile in the past 10 years.
Growing Dividend: 532923's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (9.6%), 532923's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Sumit Shah (47 yo)
Mr. Sumit Niranjan Shah served as the Managing Director of Renaissance Global Limited (formerly known as Renaissance Jewellery Limited) from February 1, 2006 to April 1, 2017. Mr. Shah is responsible for s...
CEO Compensation Analysis
Compensation vs Market: Sumit's total compensation ($USD624.21K) is above average for companies of similar size in the Indian market ($USD208.97K).
Compensation vs Earnings: Sumit's compensation has been consistent with company performance over the past year.
Experienced Board: 532923's board of directors are seasoned and experienced ( 15 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Renaissance Global Limited's employee growth, exchange listings and data sources
- Name: Renaissance Global Limited
- Ticker: 532923
- Exchange: BSE
- Founded: 1989
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: ₹13.429b
- Shares outstanding: 18.68m
- Website: https://www.renaissanceglobal.com
Number of Employees
- Renaissance Global Limited
- Plot No. 36A & 37
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/18 12:02|
|End of Day Share Price||2021/09/17 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.