BSE:532124

Stock Analysis Report

Reliable Ventures India

Executive Summary

Reliable Ventures India Limited engages in hotel, restaurant, and related businesses.


Snowflake Analysis

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.


Market Performance


7 Day Return

0%

532124

3.5%

IN Hospitality

8.9%

IN Market


1 Year Return

-26.7%

532124

-51.3%

IN Hospitality

-30.6%

IN Market

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.


Shareholder returns

532124IndustryMarket
7 Day0%3.5%8.9%
30 Day-9.5%-36.2%-24.8%
90 Day-19.3%-39.4%-29.4%
1 Year-26.7%-26.7%-48.1%-51.3%-29.2%-30.6%
3 Year-59.7%-59.7%-24.3%-32.4%-17.0%-21.5%
5 Year-22.1%-22.1%-5.4%-17.2%-5.4%-10.4%

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

Valuation

Is Reliable Ventures India undervalued compared to its fair value and its price relative to the market?

>50%

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).


Next Steps

Future Growth

How is Reliable Ventures India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

33.0%

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.


Next Steps

Past Performance

How has Reliable Ventures India performed over the past 5 years?

14.5%

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.


Next Steps

Financial Health

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.


Balance Sheet

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).


Next Steps

Dividend

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.


Next Steps

Management

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

8.7yrs

Average board tenure


CEO

Sikandar Khan (70yo)

no data

Tenure

₹4,777,000

Compensation

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.


Board Members

NamePositionTenureCompensationOwnership
Sikandar Khan
Chairman & MDno data₹4.78m7.93% 8.7m
Rajendra Malpani
CFO, Director of Finance & Whole Time Director9.42yrs₹1.23m0.045% 50.1k
Sanober Bano
Executive Director5yrs₹4.09m0.0075% 8.3k
Chandan Mitra
Non Executive Independent Director14.5yrs₹2.50kno data
Abdul Tahir
Non Executive Independent Director8.67yrs₹10.00k0.45% 500.0k
Ranjay Dawar
Non Executive Independent Director8.67yrs₹10.00kno data

8.7yrs

Average Tenure

51.5yo

Average Age

Experienced Board: 532124's board of directors are considered experienced (8.7 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

Reliable Ventures India Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Reliable Ventures India Limited
  • Reliable House
  • A-6, Koh-e-fiza
  • Bhopal
  • Madhya Pradesh
  • 462001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532124BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 2006

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/30 13:01
End of Day Share Price2020/03/26 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.