BSE:507966

Stock Analysis Report

Ras Resorts and Apart Hotels

Executive Summary

Ras Resorts and Apart Hotels Limited owns and operates a resort in India.


Snowflake Analysis

Mediocre balance sheet with questionable track record.


Similar Companies

Share Price & News

How has Ras Resorts and Apart Hotels's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 507966 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-4.9%

507966

-3.6%

IN Hospitality

-3.9%

IN Market


1 Year Return

n/a

507966

-10.4%

IN Hospitality

4.5%

IN Market

Return vs Industry: Insufficient data to determine how 507966 performed against the Indian Hospitality industry.

Return vs Market: Insufficient data to determine how 507966 performed against the Indian Market.


Shareholder returns

507966IndustryMarket
7 Day-4.9%-3.6%-3.9%
30 Day-4.9%-2.0%-3.9%
90 Day-5.6%-7.8%-2.1%
1 Yearn/a-4.9%-10.4%6.4%4.5%
3 Year39.9%39.9%30.0%16.7%19.4%12.8%
5 Year53.9%46.6%51.7%32.9%28.2%16.6%

Price Volatility Vs. Market

How volatile is Ras Resorts and Apart Hotels's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Ras Resorts and Apart Hotels undervalued compared to its fair value and its price relative to the market?

62.43x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 507966 (₹41.55) is trading above our estimate of fair value (₹19.06)

Significantly Below Fair Value: 507966 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 507966 is poor value based on its PE Ratio (62.4x) compared to the Hospitality industry average (18.7x).

PE vs Market: 507966 is poor value based on its PE Ratio (62.4x) compared to the Indian market (13x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 507966's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 507966 is good value based on its PB Ratio (0.8x) compared to the IN Hospitality industry average (0.9x).


Next Steps

Future Growth

How is Ras Resorts and Apart Hotels forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

34.9%

Forecasted Consumer Services 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 Ras Resorts and Apart Hotels 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.


Next Steps

Past Performance

How has Ras Resorts and Apart Hotels performed over the past 5 years?

0.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 507966 has high quality earnings.

Growing Profit Margin: 507966's current net profit margins (2.8%) are lower than last year (7.6%).


Past Earnings Growth Analysis

Earnings Trend: 507966 has become profitable over the past 5 years, growing earnings by 0.7% per year.

Accelerating Growth: 507966's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 507966 had negative earnings growth (-59.8%) over the past year, making it difficult to compare to the Hospitality industry average (27.3%).


Return on Equity

High ROE: 507966's Return on Equity (1.3%) is considered low.


Next Steps

Financial Health

How is Ras Resorts and Apart Hotels's financial position?


Financial Position Analysis

Short Term Liabilities: 507966's short term assets (₹10.2M) do not cover its short term liabilities (₹66.2M).

Long Term Liabilities: 507966's short term assets (₹10.2M) do not cover its long term liabilities (₹58.0M).


Debt to Equity History and Analysis

Debt Level: 507966's debt to equity ratio (23.7%) is considered satisfactory.

Reducing Debt: 507966's debt to equity ratio has reduced from 43.4% to 23.7% over the past 5 years.

Debt Coverage: 507966's debt is well covered by operating cash flow (40.8%).

Interest Coverage: 507966's interest payments on its debt are not well covered by EBIT (1.9x coverage).


Balance Sheet

Inventory Level: 507966 has a high level of physical assets or inventory.

Debt Coverage by Assets: 507966's debt is not covered by short term assets (assets are 0.2x debt).


Next Steps

Dividend

What is Ras Resorts and Apart Hotels's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 507966's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 507966's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 507966's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 507966's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 507966 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 507966's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.0yrs

Average board tenure


CEO

Vishamber Shewakramani (65yo)

8.5yrs

Tenure

₹2,600,000

Compensation

Shri. Vishamber Teckchand Shewakramani has been Managing Director at Ras Resorts & Apart Hotels Ltd since August 13, 2011 and its Chief Financial Officer since January 31, 2015. Shri. Shewakramani is respo ...


CEO Compensation Analysis

Compensation vs Market: Vishamber's total compensation ($USD36.32K) is about average for companies of similar size in the Indian market ($USD50.10K).

Compensation vs Earnings: Vishamber's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Vishamber Shewakramani
MD, CFO & Director8.5yrs₹2.60m37.4% 64.9m
Nalini Shewakramani
Executive Director9yrs₹1.40m9.05% 15.7m
Ameet Hariani
Independent Non-Executive Director5.4yrs₹90.00kno data
Gautam Shewakramani
Non-Executive Director19.1yrs₹25.00k5.19% 9.0m
Pravin Vepari
Independent Chairman0yrs₹115.00kno data
Vijay Ranjan
Independent Non-Executive Director11.3yrs₹115.00kno data
Rahul Shewakramani
Additional Director4.8yrs₹35.00k5.19% 9.0m

9.0yrs

Average Tenure

65yo

Average Age

Experienced Board: 507966's board of directors are considered experienced (9 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Ras Resorts and Apart Hotels Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ras Resorts and Apart Hotels Limited
  • Ticker: 507966
  • Exchange: BSE
  • Founded: 1985
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: ₹173.478m
  • Shares outstanding: 3.97m
  • Website: https://www.rrahl.com

Number of Employees


Location

  • Ras Resorts and Apart Hotels Limited
  • 99/C, Rosewood Chambers
  • Tulsiwadi
  • Mumbai
  • Maharashtra
  • 400034
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
507966BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 2005

Biography

Ras Resorts and Apart Hotels Limited owns and operates a resort in India. It operates the Ras Resorts on the bank of river Daman Ganga. Its resort has 100 rooms, including standard, deluxe, and executive style rooms. The company offers its services for corporate/business and leisure customers; long stayers; groups; conferences; events, including weddings; and packages. The company was formerly known as Ras Builders and Apart Hotels private Limited and changed its name to Ras Resorts and Apart Hotels Limited in September 1985. Ras Resorts and Apart Hotels Limited was incorporated in 1985 and is based in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/27 12:38
End of Day Share Price2020/02/27 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.