Valuation

P/E193.3
P/B5.4
P/S5.1
EV/EBIT21.9

Business Strength

ROE15.1%
ROCE10.4%
OPM9.5%
NPM2.7%

Growth (3Y CAGR)

EPS+2100.0%
Sales--
Profit+223.0%
3Y Return+13.0%

Balance Sheet

Debt/Equity3.0
Debt128 Cr
Pledge0.0%
CWIP/Fixed Asset0.0%

Cash Position

CFO/NP1567.4%
FCF89.8 Cr
FCF 3Y Avg-22.9 Cr
Cash/MCap1.0%

Others

Div Yield0.0%
Div Payout0.0%
Cash Conv. Cycle380.66 days
Tradeable Free Float6.7%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
ROE
--
+4.0%
+6.0%
--
--
Accelerating
Sales
--
+193.0%
--
--
-55.0%
Decelerating
Profit
--
+74.0%
+223.0%
--
+67.0%
Stable
Return
--
+32.0%
+13.0%
+89.0%
--
Stable

Quarterly Results

Jun 2026

13 Aug
Rev
14 Cr
-52% YoY--
OPM49.8%
NPM--
PAT
-96% YoY0 Cr
EPS
--0.1

Mar 2026

21 May
Rev
15 Cr
-57% YoY+89% QoQ
OPM24.0%
NPM1.9%
PAT
-89% YoY0 Cr
EPS
-90% YoY0.2

Dec 2025

14 Feb
Rev
8 Cr
-83% YoY-22% QoQ
OPM53.7%
NPM7.7%
PAT
+3% YoY1 Cr
EPS
+5% YoY0.5

Sep 2025

PDF
Rev
10 Cr
-87% YoY-64% QoQ
OPM45.3%
NPM2.5%
PAT
-52% YoY0 Cr
EPS
-53% YoY0.2

Jun 2025

PDF
Rev
29 Cr
-45% YoY-18% QoQ
OPM19.9%
NPM7.0%
PAT
+0% YoY2 Cr
EPS
+0% YoY1.5

Mar 2025

PDF
Rev
35 Cr
+28717% YoY-26% QoQ
OPM17.5%
NPM7.6%
PAT
+1361% YoY3 Cr
EPS
+1377% YoY1.9

Dec 2024

PDF
Rev
47 Cr
+19283% YoY-42% QoQ
OPM7.7%
NPM1.3%
PAT
+2850% YoY1 Cr
EPS
+4200% YoY0.4

Sep 2024

PDF
Rev
80 Cr
+36486% YoY+55% QoQ
OPM5.8%
NPM0.7%
PAT
+767% YoY1 Cr
EPS
+850% YoY0.4

Jun 2024

PDF
Rev
52 Cr
+47073% YoY+43142% QoQ
OPM11.0%
NPM3.9%
PAT
--2 Cr
EPS
--1.5

Mar 2024

PDF
Rev
0 Cr
+71% YoY-50% QoQ
OPM4316.7%
NPM150.0%
PAT
+500% YoY0 Cr
EPS
+550% YoY0.1

Dec 2023

PDF
Rev
0 Cr
+500% YoY+9% QoQ
OPM1745.8%
NPM8.3%
PAT
-87% YoY0 Cr
EPS
-91% YoY0.0

Sep 2023

PDF
Rev
0 Cr
+214% YoY+100% QoQ
OPM1618.2%
NPM27.3%
PAT
-45% YoY0 Cr
EPS
--0.0

Jun 2023

PDF
Rev
0 Cr
+120% YoY+57% QoQ
OPM2745.4%
NPM0.0%
PAT
+100% YoY0 Cr
EPS
--0.0

Mar 2023

Rev
0 Cr
--+75% QoQ
OPM3457.1%
NPM42.9%
PAT
+105% YoY0 Cr
EPS
--0.0

Dec 2022

Rev
0 Cr
----
OPM5175.0%
NPM375.0%
PAT
-81% YoY0 Cr
EPS
--0.1

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity3.02
Interest Coverage3.0x
Promoter Pledge0.0%
Borrowings130 Cr

Efficiency

Receivable Days2.25 days
Inventory Days384.48 days
Payable Days6.07 days
Cash Conversion cycle380.66 days

Cash Position

Operating Cash Flow90 Cr
Investing Cash Flow-1 Cr
Financing Cash Flow-89 Cr
Free Cash Flow90 Cr

Detailed Financials

Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Dec 2023PDF ↗
Sep 2023PDF ↗
Jun 2023PDF ↗
Mar 2023
Dec 2022
Sales14158102935478052000000
Expenses711462329437646-5-4-3-3-2-2
Operating Profit744566456544322
OPM %49.8%24.0%53.7%45.3%19.9%17.5%7.7%5.8%11.0%4316.7%1745.8%1618.2%2745.4%3457.1%5175.0%
Other Income100000000000000
Interest733433345543322
Depreciation000000000100000
Profit Before Tax0010331110-00-0-00
Tax %31.6%25.6%30.7%27.3%24.7%24.3%14.8%36.8%20.3%-900.0%0.0%-25.0%33.3%-50.0%0.0%
Net Profit001023112000000
Exceptional Items------------------------------
EPS (Rs)0.10.20.50.21.51.90.40.41.50.10.00.00.00.00.1
Sales Growth (YoY)-52.0%-57.0%-83.0%-87.0%-45.0%28717.0%19283.0%36486.0%47073.0%71.0%500.0%214.0%120.0%----
Sales Growth (QoQ)--88.7%-22.0%-64.5%-17.6%-25.7%-42.2%55.1%43141.7%-50.0%9.1%100.0%57.1%75.0%--
OP Growth (YoY)19.6%-40.8%18.4%-1.1%-0.4%16.8%-14.6%30.3%88.4%114.0%102.4%--------
OP Growth (QoQ)89.4%-15.6%-7.6%-19.0%-6.3%69.0%-22.8%-18.5%9.8%23.6%17.7%17.9%24.8%16.9%--
Profit Growth (YoY)-96.0%-89.0%3.0%-52.0%0.0%1361.0%2850.0%767.0%--500.0%-87.0%-45.0%100.0%105.0%-80.5%
EPS Growth (YoY)---89.6%4.7%-52.6%0.0%1376.9%4200.0%850.0%--550.0%-90.9%--------
EPS Growth (QoQ)---55.6%150.0%-87.7%-24.0%346.5%13.2%-74.0%1023.1%1200.0%-75.0%---100.0%-81.8%--
OP Margin--24.0%53.7%45.3%19.9%17.5%7.7%5.8%11.0%4316.7%1745.8%1618.2%2745.4%3457.1%5175.0%
Net Margin--1.9%7.7%2.5%7.0%7.6%1.3%0.7%3.9%150.0%8.3%27.3%0.0%42.9%375.0%
Material Cost %23.3%57.1%13.0%17.5%68.8%55.1%75.7%86.6%78.9%-11783.3%-5633.3%-5081.8%-7672.7%-13429.0%-24925.0%
Employee Cost %4.3%2.1%4.9%3.1%1.1%0.8%0.8%0.4%0.5%216.7%120.8%127.3%227.3%357.0%625.0%
P/S5.123.884.27------------------------
P/E193.3375.9863.09------------------------
P/B5.425.428.04------------------------

Shareholding Pattern

Shareholders:540 (+128.8%)
Current MixDec 2025

Exchange Filings

50
AGM/EGM15 Aug 2026

Scrutinizers Report for E-voting held for 20th AGM held on 14th August 2026 at 11:00am

AGM/EGM14 Aug 2026

Proceedings of 20th AGM of the company held on the 14th August 2026 at 11:00 am.

Company Update14 Aug 2026

Newspaper Publication of Financial Results published for the quarter ended 30th June 2026 in Todays (i.e 14th August 2026) Financial Express Newspaper in English and Gujarati languages

Result13 Aug 2026

Unaudited Standalone and Consolidated Financial Results for the Quarter ended 30th June 2026

Board Meeting13 Aug 2026

To consider and approve the Unaudited Financial Results (Standalone & Consolidated) for the Quarter ended on 30th June, 2026.

Board Meeting06 Aug 2026

Ratnabhumi Developers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2026 ,inter alia, to consider and approve Unaudited Financial Results ....

Company Update23 Jul 2026

Newspaper Advertisement of Notice 20th Annual General meeting of the Company, published in Financial Express (english and Gujarati) today i,e 23/07/2026

Others22 Jul 2026

Annual Report for the Financial Year Ending 2025-2026

AGM/EGM22 Jul 2026

Notice of 20th Annual General Meeting of the Company to be held on Friday, 14th August 2026 at 11:00am IST through Video Conferencing (''VC'') adn other Audio Video means (''OAVM'')

Board Meeting18 Jul 2026

The Board approved convening the 20th Annual General Meeting and also adopted the Notice of 20th AGM along with explanatory statements thereto The Board approved the Board''s Report ....

Board Meeting13 Jul 2026

Ratnabhumi Developers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/07/2026 ,inter alia, to consider and approve Consider and discuss ....

Company Update07 Jul 2026

Compliance Certificate under Regulation 74(5) of SEBI (DP) Regulations 2018 for the quarter ended 30th June 2026.

Others29 Jun 2026

1. Appointment of Mr. Darshan Gandhi, as an Internal Auditor of the Company, for conducting the Internal Audit of the company for the period of five consecutive financial year from 2026- ....

Company Update29 Jun 2026

Appointment of Mr. Darshan Gandhi as Internal Auditor of the Company for a period of Five consecutive years 2026-27 to 2030-31.

Insider Trading / SAST24 Jun 2026

The Trading Window for the dealing in the securities of the Company will be closed for all the insiders including Designated Persons of the Company from Wednesday, 01st day of July 2026, ....

Company Update22 May 2026

Extract of Audited Consolidated Financial Results for the Quarter and Year ended 31st March 2026 in Financial Express in English and Gujarati.

Result21 May 2026

Audited Financial Results for the Quarter and Year ended 31st March 2026

Board Meeting21 May 2026

1. The Audited Standalone and Consolidated Financial Results for the Quarter and year ended on 31st March, 2026 along with Auditor's Report.

Company Update21 May 2026

Re-appointment of Mrs. Avani Sanghavi (DIN 09156980) as the Non executive Independent Director for the second tenure of Five years.

Company Update19 May 2026

Annual Secretarial Compliance Report fo the Financial Year 2025-26

Board Meeting13 May 2026

Ratnabhumi Developers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/05/2026 ,inter alia, to consider and approve 1. Consider and approve ....

Others09 Apr 2026

<b>Format of the Annual Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''> <tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> ....

Company Update06 Apr 2026

Compliance Certificate pursuant to Regulation 74(5) of SEBI (DP) Regulation, 2018 submitted for the quarter ended March 31, 2025.

Insider Trading / SAST26 Mar 2026

The Trading window for dealing in the securities of the Company shall remail closed for all the Insiders including Designated Persons of the Company from Wednesday 01/04/2026 till 48 hours ....

Company Update14 Feb 2026

Extract of Unaudited Consolidated Financials for the Quarter ended December 31,2025, published today in the newspaper Viz Financial Express (English) and Financial Express (Gujarati)

Board Meeting13 Feb 2026

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to intimate that in the Board Meeting held today (i.e. Friday, ....

Result13 Feb 2026

Unaudited Standalone and Consolidated Financial Results for the Quarter ended December 31, 2025

Company Update12 Feb 2026

Credit Rating received by the Company on 10th February 2026

AGM/EGM07 Feb 2026

Proceedings of EGM held today, 07th February 2026, at 11:00 AM

AGM/EGM07 Feb 2026

Scrutinizers Report For evoting held in relation to EGM held today, 07/02/2026 at 11:00AM.

Board Meeting06 Feb 2026

Ratnabhumi Developers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2026 ,inter alia, to consider and approve Unaudited Standalone ....

Company Update16 Jan 2026

Intimation of Publication of newspaper advertisement in respect of 02nd EOGM of the company given on 16/01/2026.

AGM/EGM13 Jan 2026

Submission of Notice of 02nd EGM for FY 2025-26 for Ratnabhumi Developers Limited on 07th February 2026, Saturday at 11:00 am via VC/OAVM.

Others12 Jan 2026

Re-appointment of Mrs. Rinni Kaivan Shah as the Whole-time Director of the company w.e.f. February 16, 2026, subject to the approval of members of the company in the ensuing general meeting. 2. ....

Company Update10 Jan 2026

Reappointment of Mrs. Rinni K shah as the whole time director of the company wef 16th february 2026 for a tenure of 5 consecutive years.

Company Update06 Jan 2026

Compliance Certificate pursuant to Regulation 74(5) of SEBI(DP) Regulations, 2018 for Quarter ended December 31, 2025.

Insider Trading / SAST27 Dec 2025

Approval of Unaudited Standalone and Consolidated Financial Results for the Quarter ended December 2025.

Company Update15 Nov 2025

Extract of unaudited Consolidated Financials for the Quarter and Half Year Ended on September 30, 2025, published today in newspaper viz. Financial Express (English) and Financial Express (Gujarati)

Board Meeting14 Nov 2025

In the meeting of the Board of Directors of the Company held on 14th November 2025, the Directors considered and approved the Unaudited Standalone and Consolidated Financial Results for ....

Result14 Nov 2025

Unaudited Standalone and Consolidated Quarterly Financial Results for Quarter and Half Year Ended September 30, 2025

Board Meeting04 Nov 2025

Ratnabhumi Developers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/11/2025 ,inter alia, to consider and approve 1) Consider and approve ....

Company Update08 Oct 2025

Compliance Certificate under Reg 74(5) of SEBI (DP) Regulations, 2018 for Quarter ended 30/09/2025.

Insider Trading / SAST29 Sept 2025

Closure of Trading Window for dealing in securities of the company from 01/10/2025 till 48 hours afterthe declaration of unaudited Financial Results of the company for the half year ended ....

AGM/EGM27 Sept 2025

Voting Result of 19th Annual general meeting along with scrutinizer report

AGM/EGM27 Sept 2025

Proceedings of the 19th Annual General Meeting

Company Update03 Sept 2025

Newspaper Publication for AGM Notice

Others02 Sept 2025

Annual Report for Financial Year 2024-2025

AGM/EGM02 Sept 2025

Notice of Annual General Meeting

Others01 Sept 2025

Appointment of Company Secretary and Compliance Officer w.e.f. September 01, 2025.

Others16 Aug 2025

Clarification of circulation of rumour in the Market

Annual Reports

8

2025

2024

2023

2022

2021

2020

2019

2018

Credit Ratings

6
infomericsRating update
12 Aug 2025Report
careRating update
30 Oct 2024Report
infomericsRating update
18 Jul 2024Report
careRating update
31 Oct 2023Report
infomericsRating update
27 Jul 2022Report
infomericsRating update