Reliable Ventures India Limited engages in hotel, restaurant, and related businesses.
Flawless balance sheet and undervalued.
Share Price & News
How has Reliable Ventures India's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 532124's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 532124 exceeded the Indian Hospitality industry which returned -50.2% over the past year.
Return vs Market: 532124 exceeded the Indian Market which returned -29.3% over the past year.
Price Volatility Vs. Market
How volatile is Reliable Ventures India's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Reliable Ventures India 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: 532124 (₹10) is trading below our estimate of fair value (₹42.31)
Significantly Below Fair Value: 532124 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 532124 is good value based on its PE Ratio (4.4x) compared to the Hospitality industry average (14.4x).
PE vs Market: 532124 is good value based on its PE Ratio (4.4x) compared to the Indian market (9.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 532124's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 532124 is good value based on its PB Ratio (0.4x) compared to the IN Hospitality industry average (0.7x).
How is Reliable Ventures India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Reliable Ventures India 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.
- Examine whether Reliable Ventures India is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Reliable Ventures India competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Services industry.
How has Reliable Ventures India performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 532124 has high quality earnings.
Growing Profit Margin: 532124's current net profit margins (13.3%) are higher than last year (6.1%).
Past Earnings Growth Analysis
Earnings Trend: 532124's earnings have grown by 14.5% per year over the past 5 years.
Accelerating Growth: 532124's earnings growth over the past year (135.8%) exceeds its 5-year average (14.5% per year).
Earnings vs Industry: 532124 earnings growth over the past year (135.8%) exceeded the Hospitality industry 27.3%.
Return on Equity
High ROE: 532124's Return on Equity (8.8%) is considered low.
How is Reliable Ventures India's financial position?
Financial Position Analysis
Short Term Liabilities: 532124's short term assets (₹103.7M) exceed its short term liabilities (₹28.1M).
Long Term Liabilities: 532124's short term assets (₹103.7M) exceed its long term liabilities (₹1.9M).
Debt to Equity History and Analysis
Debt Level: 532124's debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: 532124's debt to equity ratio has reduced from 22.2% to 1.4% over the past 5 years.
Debt Coverage: 532124's debt is well covered by operating cash flow (888.6%).
Interest Coverage: 532124 earns more interest than it pays, so coverage of interest payments is not a concern.
Inventory Level: 532124 has a high level of physical assets or inventory.
Debt Coverage by Assets: 532124's debt is covered by short term assets (assets are 25.9x debt).
What is Reliable Ventures India's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 532124's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 532124'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 532124's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 532124's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 532124's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Sikandar Khan (70yo)
Janab Sikandar Hafiz Khan serves as Managing Director of Reliable Ventures India Ltd and has been it's director since September 1, 1992. Janab Khan serves as a Proprietor of Sikandar Hafiz Khan & Co. He se ...
CEO Compensation Analysis
Compensation vs Market: Sikandar's total compensation ($USD63.38K) is above average for companies of similar size in the Indian market ($USD48.15K).
Compensation vs Earnings: Sikandar's compensation has been consistent with company performance over the past year.
|Chairman & MD||no data||₹4.78m||7.93% ₹8.7m|
|CFO, Director of Finance & Whole Time Director||9.42yrs||₹1.23m||0.045% ₹50.1k|
|Executive Director||5yrs||₹4.09m||0.0075% ₹8.3k|
|Non Executive Independent Director||14.5yrs||₹2.50k||no data|
|Non Executive Independent Director||8.67yrs||₹10.00k||0.45% ₹500.0k|
|Non Executive Independent Director||8.67yrs||₹10.00k||no data|
Experienced Board: 532124's board of directors are considered experienced (8.7 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Reliable Ventures India Limited's company bio, employee growth, exchange listings and data sources
- Name: Reliable Ventures India Limited
- Ticker: 532124
- Exchange: BSE
- Founded: 1992
- Industry: Hotels, Resorts and Cruise Lines
- Sector: Consumer Services
- Market Cap: ₹110.129m
- Shares outstanding: 11.01m
- Website: https://www.noorussabahpalace.com
Number of Employees
- Reliable Ventures India Limited
- Reliable House
- A-6, Koh-e-fiza
- Madhya Pradesh
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|532124||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||May 2006|
Reliable Ventures India Limited engages in hotel, restaurant, and related businesses. The company operates a hotel under the Noor-Us-Sabah Palace name in Bhopal, India. Its hotel comprises royal living, dining and entertainment, banqueting and conferencing, and recreational facilities. The company was formerly known as Lakeland Hotels Limited and changed its name to Reliable Ventures India Limited in February 2007. Reliable Ventures India Limited was incorporated in 1992 and is based in Bhopal, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/30 13:01|
|End of Day Share Price||2020/03/26 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.