Ratnabhumi Developers Limited

About

Ratnabhumi Developers Limited engages in the construction and development of real estate properties in India. The company develops residential and commercial projects under the Turquoise brand. Ratnabhumi Developers Limited was incorporated in 2006 and is based in Ahmedabad, India.

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	13.53	14.68	7.90	10.18	28.29	33.71	46.65	80.57	53.26	0.20	0.34	0.22	0.15
Expenses	10.69	11.31	3.66	5.55	22.61	27.69	42.90	75.83	46.20	-5.07	-3.95	-3.35	-2.91
Operating Profit	2.84	3.37	4.24	4.63	5.68	6.02	3.75	4.74	7.06	5.27	4.29	3.57	3.06
OPM %	20.99	22.96	53.67	45.48	20.08	17.86	8.04	5.88	13.26	2,635.00	1,261.76	1,622.73	2,040.00
Other Income	0.24	0.20	0.26	0.30	0.00	0.39	0.38	0.33	0.25	0.38	0.00	0.00	0.00
Depreciation	0.18	0.21	0.21	0.21	0.21	0.25	0.25	0.25	0.25	0.54	0.18	0.04	0.03
Interest	2.77	2.95	3.41	4.43	2.87	2.84	3.15	4.02	4.89	4.97	4.08	3.48	3.02
Profit before tax	0.13	0.41	0.88	0.29	2.60	3.32	0.73	0.80	2.17	0.14	0.03	0.05	0.01
Tax %	38.46	26.83	30.68	17.24	24.62	24.40	10.96	31.25	7.37	-64.29	0.00	-20.00	100.00
Net Profit	0.09	0.30	0.61	0.23	1.97	2.51	0.65	0.55	2.01	0.22	0.02	0.06	0.00
EPS in Rs	0.07	0.22	0.45	0.17	1.44	1.83	0.47	0.40	1.47	0.16	0.01	0.04	0.00

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	61.05	210.18	-7.68	-11.38	0.52	4.14	0.97	1.98	0.59	9.20	5.99	5.30
Expenses	43.12	188.61	-23.46	-18.77	-3.37	3.05	0.37	1.41	0.33	7.38	4.98	4.87
Operating Profit	17.93	21.57	15.78	7.39	3.89	1.09	0.60	0.57	0.26	1.82	1.01	0.43
OPM %	29.37	10.26	3,094.12	1,119.70	748.08	26.33	61.86	28.79	44.07	19.78	16.86	8.11
Other Income	0.75	1.34	0.79	0.01	-1.17	0.00	0.00	0.00	0.45	0.61	1.63	1.82
Interest	13.66	14.89	15.55	7.04	2.56	0.03	0.03	0.12	0.42	0.44	0.39	0.70
Depreciation	0.84	1.01	0.79	0.13	0.03	0.01	0.02	0.02	0.03	0.03	0.05	0.10
Profit before tax	4.18	7.01	0.23	0.23	0.13	1.05	0.55	0.43	0.26	1.96	2.20	1.45
Tax %	25.36	18.69	-34.78	-4.35	-30.77	22.86	34.55	23.26	26.92	32.65	27.73	24.83
Net Profit	3.11	5.71	0.31	0.23	0.17	0.82	0.36	0.33	0.20	1.33	1.59	1.09
EPS in Rs	2.27	4.17	0.23	0.17	0.12	0.60	0.26	0.24	0.15	26.60	31.80	21.80
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	13.70	13.70	13.70	13.70	13.70	13.70	13.70	13.70	13.70	0.50	0.50	0.50
Reserves	30.30	27.18	21.47	21.31	21.07	20.90	20.09	19.73	19.39	9.61	8.29	6.71
Borrowings	120.42	119.37	193.19	109.06	41.64	0.56	0.50	0.25	1.22	3.28	5.16	3.87
Other Liabilities	29.88	41.06	116.73	75.86	22.11	0.21	0.18	0.18	0.80	1.06	6.10	5.69
Total Liabilities	194.30	201.31	345.09	219.93	98.52	35.37	34.47	33.86	35.11	14.45	20.05	16.77
Fixed Assets	17.68	5.16	6.14	0.31	0.14	0.02	0.02	0.04	0.02	0.09	0.08	0.17
CWIP	0.00	0.00	0.00	2.31	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	1.24	18.86	14.87	3.02	0.66	27.03	27.98	27.32	27.36	4.79	4.68	0.10
Other Assets	175.38	177.29	324.08	214.29	97.72	8.32	6.47	6.50	7.73	9.57	15.29	16.50
Total Assets	194.30	201.31	345.09	219.93	98.52	35.37	34.47	33.86	35.11	14.45	20.05	16.77

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Cash from Operating Activity	11.42	90.28	-49.04	-59.56	-63.95	3.30	-2.24	1.41	-5.42	2.28
Cash from Investing Activity	1.26	-0.98	-15.43	-5.19	29.98	-3.35	2.02	-0.04	-15.32	-0.67
Cash from Financing Activity	-10.26	-88.69	65.33	60.38	38.52	0.03	0.22	-1.38	20.75	-1.60
Net Cash Flow	2.42	0.61	0.86	-4.37	4.55	-0.01	0.00	-0.01	0.01	0.01
Free Cash Flow	11.41	90.25	-50.53	-62.17	-64.10	3.29	-2.24	1.37	-5.37	2.27
CFO/OP %	68.00	423.00	-310.00	-806.00	-1,644.00	325.00	-342.00	265.00	-2,058.00	159.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	0.84	0.24	-6.65	-4.49	112.31	13.22	56.44	27.65	129.92	8.33	13.41	15.15
Inventory Days	2,006.91	385.53	—	—	—	555.56	—	2,563.20	—	104.12	744.86	1,183.51
Days Payable	8.91	4.44	—	—	—	7.33	—	8.20	—	5.85	13.93	1.99
Cash Conversion Cycle	1,998.84	381.33	-6.65	-4.49	112.31	561.46	56.44	2,582.65	129.92	106.60	744.33	1,196.68
Working Capital Days	773.52	228.94	9,334.59	4,411.43	49,541.73	345.60	2,396.96	1,177.95	4,380.00	342.39	576.44	752.04
ROCE %	10.99	11.27	8.47	6.59	6.92	3.11	1.71	1.62	2.85	17.56	20.62	16.85

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	73.56	73.56	73.56	73.56	73.56	73.56	73.56	73.56	73.56	73.56	73.56	73.56
Public	26.45	26.45	26.43	26.45	26.43	26.44	26.44	26.44	26.44	26.44	26.44	26.44
No. of Shareholders	530	531	540	620	630	728	741	728	719	272	266	285

Corporate Actions

No corporate actions recorded.

Announcements

5 filings

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 15 Aug
15 Aug 2026
Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Aug 2026 14 Aug - 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 …
Shareholder Meeting / Postal Ballot-Outcome of AGM
14 Aug 2026 14 Aug - Ratnabhumi Developers held its 20th AGM on 14 August 2026; approved financial statements, RPTs, and independent director reappointment.
Board Meeting Outcome for Meeting Held On 13Th August 2026
13 Aug 2026 13 Aug - Board approved unaudited standalone and consolidated results for quarter ended 30 June 2026.
Results- Financial Results For The Quarter Ended 30Th June 2026 13 Aug
13 Aug 2026