December 21, 2016

Ras Resorts and Apartments Limited

Ras Resorts was established around 1984 

It owns a luxury Hotel / Resort on the banks of River Damaganga at Silvassa ( near Vapi ) a short distance from Mumbai

http://www.rasresorts.com/

Ras Resorts is further constructing a Banquet Hall of Rs,12,000 ft for holding marriage ceremonies / conferences
http://www.rasresorts.com/wedding.html

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Balance Sheet 31/03/2016

Share Capital : Rs. 3 crore  97 lakh ( Rs. 10 paid up )

Reserves        : Rs. 19 cr 98 lakh

http://www.moneycontrol.com/financials/rasresortsaparthotels/balance-sheetVI/RRA#RRA

Profit / Loss Year Ended 31/03/2016

Sales : Rs. 8 cr 65 Lakh

Gross Profit : 79 Lakh

Net Profit : Rs. 50 Lakh

Dividend : 10 %

http://www.moneycontrol.com/financials/rasresortsaparthotels/profit-lossVI/RRA#RRA
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Ras Resorts has as very small capital base of around 4 crores and at CMP of Rs. 40 , Market Capitalisation / Enterprise Value of Rs. 16 crores only. Assets worth many times over
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Listed at BSE

Mildly Liquid - Daily Quotation Available - Trading in small Hundreds

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General Warning : Investment in Shares Can be Injurious to Your  WEALTH 

Caution :The blog writer has personal/ family members' holdings in this company , so please make suitable "provisions " for likely over optimism

( NB : All information given in good faith. Please recheck all facts. No responsibility taken by this author / blog . )




1 comment:

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    ReplyDelete