
About Ratna Group
Ratna Group is a publicly listed company based in Ahmedabad (India) founded in 1965. Provider of real estate and infrastructure development services. The company has 30 employees. Its Indian entity Ratnabhumi Developers Limited reported revenue of βΉ62.20 Cr. Ratna Group offers products and services including Residential Projects, Commercial Projects, and Upcoming Projects. Its focus areas include Real Estate and Construction, Real Estate & Infrastructure Developers and Diversified. Its competitors include Lodha Group and Godrej Properties.
Company details
Ratna Group was established in 1965 in Ahmedabad, India, focusing on the real estate and infrastructure sectors. Services encompass property development, construction projects, and related infrastructure works. Operations are centered in India, with emphasis on urban and regional developments. The company maintains a presence through its domain ratnagroup.co.in, supporting various real estate initiatives and infrastructure solutions across local markets.
- Headquarters Ahmedabad, India
- Employees 30
- Stage Public
- SectorsReal Estate & Construction
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website ratnagroup.co.in
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Ratnabhumi Developers Ltd.
- Market Cap₹233 Cr
RATNABHUMI · BSE
- Share Price₹170.00
0.00% today
- Revenue₹61.45 Cr
FY 2025-26 · -71.2% YoY
- EBITDA₹18.07 Cr
Margin 29.4%
- Net Profit₹3.14 Cr
FY 2025-26 · -45.1% YoY
- P/E (TTM)189.0x
P/B 5.3x
- ROE7.1%
ROCE 11.0%
- Debt / Equity2.84
Interest cover 80.8x
- Employee Count30
Associated legal entities of Ratna Group
Ratna Group is associated with 4 registered companies on The Company Check; the primary company is Ratnabhumi Developers Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ratnabhumi Developers Limited Listed CIN L45200GJ2006PLC048776 | Active | 27 Jul 2006 | Ahmedabad, Gujarat | ₹62.2 Cr | 18 | 7 | View details |
| Vasupujya Arcade Llp CIN ABZ-7969 | Active | 11 Jan 2023 | Ahmedabad, Gujarat | 2 | View details | ||
| Ratna Infracon Private Limited CIN U45200GJ2011PTC066384 | Active | 18 Jul 2011 | Ahmedabad, Gujarat | ₹1.2 Cr | 2 | View details | |
| Ratnabhumi Techno Engg Private Limited CIN U32304GJ2020PTC116193 | Active | 05 Sep 2020 | Ahmedabad, Gujarat | ₹1.3 Cr | 3 | View details |
Products & Services of Ratna Group
Ratna Group offers a comprehensive portfolio of products and services, including Residential Projects, Commercial Projects, and Upcoming Projects.
Construction of residential apartments and homes in urban areas
Development of office and commercial spaces for businesses
Planning and execution of new property developments
Apps and channels of Ratna Group
its YouTube channel Ratna Group has 404 subscribers and 30 videos.
Videos from Ratna Group
The most watched videos on Ratna Group's YouTube channel, Ratna Group (404 subscribers). Click a video to play it here.
More on Ratna Group.
Board of directors of Ratnabhumi Developers Limited (Ratna Group)
Ratnabhumi Developers Limited is the primary company behind Ratna Group. The boards of the 4 registered companies of Ratna Group currently have 7 directors; the longest-serving is Shaishav Amitbhai Shah, appointed in 2017. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shaishav Amitbhai Shah DIN 07894723 | Director | 31 Jul 2017 | 9 yrs 3 mo | Ratnabhumi Developers Limited |
| Kaivan Jitendrakumar Shah DIN 01887130 | Director | 05 Sep 2020 | 6 yrs 2 mo | Ratnabhumi Techno Engg Private Limited, Ratna Infracon Private Limited, Ratnabhumi Developers Limited |
| Avaniben Rohit Sanghavi DIN 09156980 | Director | 07 Jun 2021 | 5 yrs 5 mo | Ratnabhumi Developers Limited |
| Munir Mahendrakumar Shah DIN 00920385 | Designated Partner | 11 Jan 2023 | 3 yrs 9 mo | Vasupujya Arcade Llp, Ratna Infracon Private Limited |
| Jitendrakumar Mafatlal Shah DIN 01267425 | Designated Partner | 11 Jan 2023 | 3 yrs 9 mo | Vasupujya Arcade Llp |
| Rinni Kaivanbhai Shah DIN 07368796 | Director | 13 Apr 2023 | 3 yrs 6 mo | Ratnabhumi Techno Engg Private Limited, Ratnabhumi Developers Limited |
| Smit Sanjaykumar Shah DIN 07918521 | Director | 13 Apr 2023 | 3 yrs 6 mo | Ratnabhumi Techno Engg Private Limited, Ratnabhumi Developers Limited |
IPO & Listings of Ratna Group
Ratna Group is a publicly listed company on the BSE with ticker symbol RATNABHUMI in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date27 Nov 2017
- Listed onBSE: 540796
- Listed entityRatnabhumi Developers Ltd.
- Exchange sectorFinance
- ISININE821Y01011
- Share price₹175.00 · 2026-10-13
- Market capitalisation₹240 Cr
- Price to earnings196.8
- EPS (diluted, trailing year)₹0.89
- Volume (last session)25
Financials of Ratna Group
Exchange-reported figures of Ratnabhumi Developers Limited, the listed company behind Ratna Group (BSE: RATNABHUMI).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 61.45 | 213 | 0.28 | 0.22 | 0.16 | 4.06 | 0.97 |
| Revenue growth | -71.2% | - | +27.3% | +37.5% | -96.1% | +318.6% | - |
| EBITDA | 18.07 | 19.94 | 15.56 | 6.94 | 2.29 | 1.01 | 0.60 |
| EBITDA margin | +29.4% | +9.3% | +5557.1% | +3154.6% | +1431.3% | +24.9% | +61.9% |
| Profit before tax | 4.06 | 5.32 | (0.04) | (0.22) | (0.30) | 1.06 | 0.55 |
| Net profit | 3.14 | 5.72 | 0.27 | 0.23 | 0.17 | 0.82 | 0.36 |
| Net profit margin | +5.1% | +2.7% | +96.4% | +104.6% | +106.3% | +20.2% | +37.1% |
| EPS (βΉ) | 2.29 | 4.18 | 0.19 | 0.17 | 0.12 | 0.60 | 0.26 |
| Balance sheet | |||||||
| Total assets | 165 | 161 | 229 | 144 | 76.51 | 35.25 | 34.38 |
| Net worth | 44.01 | 40.87 | 35.13 | 35.01 | 34.77 | 34.60 | 33.79 |
| Total debt | 121 | 120 | 194 | 109 | 41.64 | 0.56 | 0.50 |
| Cash & bank | 4.45 | 1.67 | 3.44 | 0.85 | 4.56 | 0.00 | 0.02 |
| Net working capital | 146 | 137 | 207 | 138 | 75.14 | 3.93 | 6.39 |
| Cash flow | |||||||
| Cash from operations | 12.25 | 89.81 | (49.05) | (59.56) | (63.95) | 3.30 | - |
| Cash from investing | 3.66 | (0.65) | (15.72) | (5.19) | 29.98 | (3.35) | - |
| Cash from financing | (13.49) | (88.55) | 65.64 | 60.38 | 38.52 | 0.03 | - |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.26 | 13.61 | 14.91 | 7.90 | 10.13 | 28.51 | 34.58 | 46.52 |
| Revenue growth (YoY) | -28.3% | -52.3% | -56.9% | -83.0% | -87.4% | -45.1% | - | - |
| Other income | 0.75 | 0.87 | 0.20 | 0.26 | 0.30 | 0.00 | 0.39 | 0.38 |
| EBITDA | 6.84 | 6.77 | 3.58 | 4.23 | 4.59 | 5.67 | 6.05 | 3.57 |
| EBITDA margin | +94.2% | +49.7% | +24.0% | +53.5% | +45.3% | +19.9% | +17.5% | +7.7% |
| Depreciation | 0.18 | 0.18 | 0.21 | 0.21 | 0.21 | 0.21 | 0.25 | 0.25 |
| Interest | 7.37 | 7.28 | 3.18 | 3.41 | 4.46 | 2.87 | 2.86 | 3.17 |
| Profit before tax | 0.04 | 0.18 | 0.39 | 0.87 | 0.22 | 2.59 | 3.33 | 0.53 |
| Tax | 0.02 | 0.06 | 0.10 | 0.27 | 0.06 | 0.64 | 0.81 | 0.08 |
| Net profit | 0.02 | 0.12 | 0.29 | 0.60 | 0.16 | 1.95 | 2.52 | 0.45 |
| EPS (βΉ) | 0.00 | 0.05 | 0.21 | 0.45 | 0.18 | 1.46 | 1.92 | 0.43 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 61.05 | 214 | 0.51 | 0.66 | 1.76 | 4.14 | 0.97 |
| Revenue growth | -71.5% | - | -22.7% | -62.5% | -57.5% | +326.8% | - |
| EBITDA | 17.93 | 21.57 | 15.80 | 7.38 | 2.72 | 1.09 | 0.60 |
| EBITDA margin | +29.4% | +10.1% | +3098.0% | +1118.2% | +154.6% | +26.3% | +61.9% |
| Profit before tax | 4.18 | 7.01 | 0.25 | 0.22 | 0.13 | 1.05 | 0.55 |
| Net profit | 3.12 | 5.70 | 0.33 | 0.23 | 1.34 | 0.81 | 0.36 |
| Net profit margin | +5.1% | +2.7% | +64.7% | +34.9% | +76.1% | +19.6% | +37.1% |
| EPS (βΉ) | 2.27 | 4.17 | 0.23 | 0.17 | 0.12 | 0.60 | 0.26 |
| Balance sheet | |||||||
| Total assets | 165 | 160 | 228 | 144 | 76.51 | 35.25 | 34.38 |
| Net worth | 44.00 | 40.88 | 35.17 | 35.01 | 34.77 | 34.60 | 33.79 |
| Total debt | 120 | 119 | 193 | 109 | 41.64 | 0.56 | 0.50 |
| Cash & bank | 4.44 | 1.66 | 3.44 | 0.85 | 4.56 | 0.00 | 0.02 |
| Net working capital | 145 | 136 | 207 | 138 | 75.14 | 3.93 | 6.39 |
| Cash flow | |||||||
| Cash from operations | 11.42 | 90.28 | (49.04) | (59.56) | (63.95) | 3.30 | (2.24) |
| Cash from investing | 1.26 | (0.98) | (15.43) | (5.19) | 29.98 | (3.35) | 2.02 |
| Cash from financing | (10.26) | (88.69) | 65.33 | 60.38 | 38.52 | 0.03 | 0.22 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.39 | 13.53 | 14.68 | 7.90 | 10.18 | 28.29 | 33.71 | 46.65 |
| Revenue growth (YoY) | -27.4% | -52.2% | -56.5% | -83.1% | -87.4% | -46.9% | - | - |
| Other income | 0.10 | 0.24 | 0.20 | 0.26 | 0.30 | 0.00 | 0.39 | 0.38 |
| Total expenses | 4.57 | 10.69 | 11.30 | 3.66 | 5.54 | 22.61 | 27.69 | 42.90 |
| EBITDA | 2.82 | 2.84 | 3.38 | 4.24 | 4.64 | 5.68 | 6.02 | 3.75 |
| EBITDA margin | +38.2% | +21.0% | +23.0% | +53.7% | +45.6% | +20.1% | +17.9% | +8.0% |
| Depreciation | 0.18 | 0.18 | 0.21 | 0.21 | 0.21 | 0.21 | 0.25 | 0.25 |
| Interest | 2.72 | 2.77 | 2.95 | 3.41 | 4.43 | 2.87 | 2.84 | 3.15 |
| Profit before tax | 0.02 | 0.13 | 0.42 | 0.88 | 0.30 | 2.60 | 3.32 | 0.73 |
| Tax | 0.01 | 0.05 | 0.11 | 0.27 | 0.05 | 0.64 | 0.81 | 0.08 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.26 | 13.61 | 14.91 | 7.90 | 10.13 | 28.51 | 34.58 | 46.52 |
| Revenue growth (YoY) | -28.3% | -52.3% | -56.9% | -83.0% | -87.4% | -45.1% | - | - |
| Other income | 0.75 | 0.87 | 0.20 | 0.26 | 0.30 | 0.00 | 0.39 | 0.38 |
| EBITDA | 6.84 | 6.77 | 3.58 | 4.23 | 4.59 | 5.67 | 6.05 | 3.57 |
| EBITDA margin | +94.2% | +49.7% | +24.0% | +53.5% | +45.3% | +19.9% | +17.5% | +7.7% |
| Depreciation | 0.18 | 0.18 | 0.21 | 0.21 | 0.21 | 0.21 | 0.25 | 0.25 |
| Interest | 7.37 | 7.28 | 3.18 | 3.41 | 4.46 | 2.87 | 2.86 | 3.17 |
| Profit before tax | 0.04 | 0.18 | 0.39 | 0.87 | 0.22 | 2.59 | 3.33 | 0.53 |
| Tax | 0.02 | 0.06 | 0.10 | 0.27 | 0.06 | 0.64 | 0.81 | 0.08 |
| Net profit | 0.02 | 0.12 | 0.29 | 0.60 | 0.16 | 1.95 | 2.52 | 0.45 |
| EPS (βΉ) | 0.00 | 0.05 | 0.21 | 0.45 | 0.18 | 1.46 | 1.92 | 0.43 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 61.45 | 213 | 0.28 | 0.22 | 0.16 | 4.06 | 0.97 |
| Revenue growth | -71.2% | - | +27.3% | +37.5% | -96.1% | +318.6% | - |
| Other income | 0.75 | 1.36 | 0.79 | 0.01 | 0.00 | 0.09 | 0.00 |
| Total expenses | 43.38 | 194 | (15.28) | (6.72) | (2.13) | 3.05 | 0.37 |
| Employee cost | 1.12 | 0.99 | 0.86 | 0.83 | 0.38 | 0.09 | 0.09 |
| EBITDA | 18.07 | 19.94 | 15.56 | 6.94 | 2.29 | 1.01 | 0.60 |
| EBITDA margin | +29.4% | +9.3% | +5557.1% | +3154.6% | +1431.3% | +24.9% | +61.9% |
| Depreciation | 0.84 | 1.01 | 0.79 | 0.13 | 0.03 | 0.01 | 0.02 |
| Interest | 13.92 | 14.97 | 15.60 | 7.04 | 2.56 | 0.03 | 0.03 |
| Profit before tax | 4.06 | 5.32 | (0.04) | (0.22) | (0.30) | 1.06 | 0.55 |
| Tax | 1.06 | 1.31 | (0.08) | (0.01) | (0.04) | 0.24 | 0.19 |
| Net profit | 3.14 | 5.72 | 0.27 | 0.23 | 0.17 | 0.82 | 0.36 |
| Net profit margin | +5.1% | +2.7% | +96.4% | +104.6% | +106.3% | +20.2% | +37.1% |
| EPS (βΉ) | 2.29 | 4.18 | 0.19 | 0.17 | 0.12 | 0.60 | 0.26 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 13.70 | 13.70 | 13.70 | 13.70 | 13.70 | 13.70 | 13.70 |
| Reserves & surplus | 30.31 | 27.17 | 21.43 | 21.31 | 21.07 | 20.90 | 20.09 |
| Shareholders' funds (net worth) | 44.01 | 40.87 | 35.13 | 35.01 | 34.77 | 34.60 | 33.79 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 71.80 | 46.25 | 107 | 47.27 | 7.67 | 0.56 | 0.50 |
| Unsecured loans | 49.21 | 73.69 | 86.71 | 61.79 | 33.97 | 0.00 | 0.00 |
| Total debt | 121 | 120 | 194 | 109 | 41.64 | 0.56 | 0.50 |
| Total liabilities | 165 | 161 | 229 | 144 | 76.51 | 35.25 | 34.38 |
| Assets | |||||||
| Gross block | 20.60 | 7.21 | 7.18 | 0.56 | 0.26 | 0.11 | 0.11 |
| Net block | 17.68 | 5.16 | 6.14 | 0.31 | 0.14 | 0.02 | 0.02 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 2.31 | 0.00 | 0.00 | 0.00 |
| Investments | 1.23 | 18.85 | 14.86 | 3.02 | 0.66 | 27.03 | 27.98 |
| Inventories | 169 | 174 | 299 | 211 | 88.10 | 3.79 | 6.25 |
| Sundry debtors | 0.16 | 1.29 | 0.14 | 0.14 | 0.16 | 0.15 | 0.15 |
| Cash & bank balances | 4.45 | 1.67 | 3.44 | 0.85 | 4.56 | 0.00 | 0.02 |
| Loans & advances | 1.25 | 1.82 | 21.08 | 2.21 | 4.33 | 0.08 | 0.04 |
| Total current assets | 175 | 178 | 323 | 214 | 97.15 | 4.02 | 6.46 |
| Total current liabilities | 29.19 | 41.81 | 117 | 75.77 | 22.01 | 0.09 | 0.07 |
| Net working capital | 146 | 137 | 207 | 138 | 75.14 | 3.93 | 6.39 |
| Total assets | 165 | 161 | 229 | 144 | 76.51 | 35.25 | 34.38 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1.67 | 1.05 | 0.19 | 4.56 | 0.00 | 0.02 | - |
| Net cash from operating activities | 12.25 | 89.81 | (49.05) | (59.56) | (63.95) | 3.30 | - |
| Net cash from investing activities | 3.66 | (0.65) | (15.72) | (5.19) | 29.98 | (3.35) | - |
| Net cash from financing activities | (13.49) | (88.55) | 65.64 | 60.38 | 38.52 | 0.03 | - |
| Net change in cash | 2.42 | 0.62 | 0.87 | (4.37) | 4.55 | (0.01) | - |
| Closing cash | 4.45 | 1.67 | 3.44 | 0.85 | 4.56 | 0.00 | - |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -71.2% | - | +27.3% | +37.5% | -96.1% | +318.6% | - |
| EBITDA growth | -9.4% | +28.2% | +124.2% | +203.1% | +126.7% | +68.3% | - |
| PBT growth | -23.7% | +9998.0% | +81.8% | +26.7% | - | +92.7% | +9997.0% |
| Net income growth | -45.1% | +2018.5% | +17.4% | +35.3% | -79.3% | +127.8% | - |
| Revenue CAGR (3Y) | +553.7% | +1000.9% | -59.0% | -39.0% | - | - | - |
| EBITDA CAGR (3Y) | +37.6% | +105.7% | +148.8% | +126.2% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +4.9% | +1.9% | +14.3% | -95.5% | -162.5% | +20.2% | +37.1% |
| Return on capital employed | +11.0% | +10.4% | +8.3% | +6.2% | +4.0% | +3.1% | +1.7% |
| Return on net worth | +7.1% | +10.6% | +0.1% | -0.6% | -0.8% | +2.4% | +1.1% |
| Debt / equity | 2.84 | 4.12 | 4.31 | 2.16 | 0.61 | 0.02 | 0.01 |
| Long-term debt / equity | 2.67 | 3.99 | 4.21 | 2.16 | 0.61 | 0.02 | 0.01 |
| Interest cover | 80.79 | 79.08 | 105.62 | 103.38 | 113.27 | 3.00 | 5.17 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.42 | 29.67 | 0.07 | 0.54 | 0.86 | 36.91 | 8.82 |
| Inventory turnover | 0.36 | 0.90 | 0.00 | 0.00 | 0.00 | 0.81 | 0.16 |
| Debtors turnover | 84.76 | 298.56 | 2.00 | 1.47 | 1.03 | 27.07 | 6.47 |
| EPS (βΉ) | 2.29 | 4.18 | 0.19 | 0.17 | 0.12 | 0.60 | 0.26 |
| Dividend per share (βΉ) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 32.12 | 29.83 | 25.65 | 25.55 | 25.38 | 25.26 | 24.66 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.39 | 13.53 | 14.68 | 7.90 | 10.18 | 28.29 | 33.71 | 46.65 |
| Revenue growth (YoY) | -27.4% | -52.2% | -56.5% | -83.1% | -87.4% | -46.9% | - | - |
| Other income | 0.10 | 0.24 | 0.20 | 0.26 | 0.30 | 0.00 | 0.39 | 0.38 |
| Total expenses | 4.57 | 10.69 | 11.30 | 3.66 | 5.54 | 22.61 | 27.69 | 42.90 |
| EBITDA | 2.82 | 2.84 | 3.38 | 4.24 | 4.64 | 5.68 | 6.02 | 3.75 |
| EBITDA margin | +38.2% | +21.0% | +23.0% | +53.7% | +45.6% | +20.1% | +17.9% | +8.0% |
| Depreciation | 0.18 | 0.18 | 0.21 | 0.21 | 0.21 | 0.21 | 0.25 | 0.25 |
| Interest | 2.72 | 2.77 | 2.95 | 3.41 | 4.43 | 2.87 | 2.84 | 3.15 |
| Profit before tax | 0.02 | 0.13 | 0.42 | 0.88 | 0.30 | 2.60 | 3.32 | 0.73 |
| Tax | 0.01 | 0.05 | 0.11 | 0.27 | 0.05 | 0.64 | 0.81 | 0.08 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 61.05 | 214 | 0.51 | 0.66 | 1.76 | 4.14 | 0.97 |
| Revenue growth | -71.5% | - | -22.7% | -62.5% | -57.5% | +326.8% | - |
| Other income | 0.75 | 1.34 | 0.79 | 0.01 | 0.00 | 0.00 | 0.00 |
| Total expenses | 43.12 | 193 | (15.29) | (6.72) | (0.96) | 3.05 | 0.37 |
| Employee cost | 1.12 | 0.99 | 0.86 | 0.83 | 0.38 | 0.09 | 0.09 |
| EBITDA | 17.93 | 21.57 | 15.80 | 7.38 | 2.72 | 1.09 | 0.60 |
| EBITDA margin | +29.4% | +10.1% | +3098.0% | +1118.2% | +154.6% | +26.3% | +61.9% |
| Depreciation | 0.84 | 1.01 | 0.79 | 0.13 | 0.03 | 0.01 | 0.02 |
| Interest | 13.66 | 14.89 | 15.55 | 7.04 | 2.56 | 0.03 | 0.03 |
| Profit before tax | 4.18 | 7.01 | 0.25 | 0.22 | 0.13 | 1.05 | 0.55 |
| Tax | 1.06 | 1.31 | (0.08) | (0.01) | (0.04) | 0.24 | 0.19 |
| Net profit | 3.12 | 5.70 | 0.33 | 0.23 | 1.34 | 0.81 | 0.36 |
| Net profit margin | +5.1% | +2.7% | +64.7% | +34.9% | +76.1% | +19.6% | +37.1% |
| EPS (βΉ) | 2.27 | 4.17 | 0.23 | 0.17 | 0.12 | 0.60 | 0.26 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 13.70 | 13.70 | 13.70 | 13.70 | 13.70 | 13.70 | 13.70 |
| Reserves & surplus | 30.30 | 27.18 | 21.47 | 21.31 | 21.07 | 20.90 | 20.09 |
| Shareholders' funds (net worth) | 44.00 | 40.88 | 35.17 | 35.01 | 34.77 | 34.60 | 33.79 |
| Secured loans | 71.81 | 43.72 | 104 | 47.27 | 7.67 | 0.56 | 0.50 |
| Unsecured loans | 48.61 | 75.65 | 89.36 | 61.79 | 33.97 | 0.00 | 0.00 |
| Total debt | 120 | 119 | 193 | 109 | 41.64 | 0.56 | 0.50 |
| Total liabilities | 165 | 160 | 228 | 144 | 76.51 | 35.25 | 34.38 |
| Assets | |||||||
| Gross block | 25.98 | 7.21 | 7.18 | 0.56 | 0.26 | 0.11 | 0.11 |
| Net block | 17.67 | 5.16 | 6.14 | 0.31 | 0.14 | 0.02 | 0.02 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 2.31 | 0.00 | 0.00 | 0.00 |
| Investments | 1.24 | 18.86 | 14.87 | 3.02 | 0.66 | 27.03 | 27.98 |
| Inventories | 169 | 174 | 299 | 211 | 88.10 | 3.79 | 6.25 |
| Sundry debtors | 0.14 | 0.14 | 0.14 | 0.14 | 0.16 | 0.15 | 0.15 |
| Cash & bank balances | 4.44 | 1.66 | 3.44 | 0.85 | 4.56 | 0.00 | 0.02 |
| Loans & advances | 1.24 | 1.72 | 21.05 | 2.21 | 4.33 | 0.08 | 0.04 |
| Total current assets | 175 | 177 | 323 | 214 | 97.15 | 4.02 | 6.46 |
| Total current liabilities | 29.77 | 40.95 | 117 | 75.77 | 22.01 | 0.09 | 0.07 |
| Net working capital | 145 | 136 | 207 | 138 | 75.14 | 3.93 | 6.39 |
| Total assets | 165 | 160 | 228 | 144 | 76.51 | 35.25 | 34.38 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1.66 | 1.05 | 0.19 | 4.56 | 0.00 | 0.02 | 0.02 |
| Net cash from operating activities | 11.42 | 90.28 | (49.04) | (59.56) | (63.95) | 3.30 | (2.24) |
| Net cash from investing activities | 1.26 | (0.98) | (15.43) | (5.19) | 29.98 | (3.35) | 2.02 |
| Net cash from financing activities | (10.26) | (88.69) | 65.33 | 60.38 | 38.52 | 0.03 | 0.22 |
| Net change in cash | 2.42 | 0.61 | 0.86 | (4.37) | 4.55 | (0.01) | 0.00 |
| Closing cash | 4.44 | 1.66 | 3.44 | 0.85 | 4.56 | 0.00 | 0.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -71.5% | - | -22.7% | -62.5% | -57.5% | +326.8% | - |
| EBITDA growth | -16.9% | +36.5% | +114.1% | +171.3% | +149.5% | +81.7% | - |
| PBT growth | -40.4% | +2704.0% | +13.6% | +69.2% | -87.6% | +90.9% | +25.0% |
| Net income growth | -45.3% | +1627.3% | +43.5% | -82.8% | +65.4% | +125.0% | - |
| Revenue CAGR (3Y) | +352.3% | +395.6% | -50.2% | -12.1% | -3.9% | +91.5% | -52.8% |
| EBITDA CAGR (3Y) | +34.4% | +99.4% | +143.8% | +130.8% | +67.4% | +61.2% | -30.8% |
| Profitability & leverage | |||||||
| Net income margin | +5.1% | +2.7% | +64.7% | +34.9% | +9.7% | +19.6% | +37.1% |
| Return on capital employed | +11.0% | +11.3% | +8.5% | +6.6% | +6.9% | +3.1% | +1.7% |
| Return on net worth | +7.3% | +15.0% | +0.9% | +0.7% | +3.9% | +2.4% | +1.1% |
| Debt / equity | 2.82 | 4.11 | 4.31 | 2.16 | 0.61 | 0.02 | 0.01 |
| Long-term debt / equity | 2.66 | 3.99 | 4.21 | 2.16 | 0.61 | 0.02 | 0.01 |
| Interest cover | 79.93 | 72.42 | 103.60 | 97.10 | 95.17 | 2.78 | 5.17 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.68 | 29.77 | 0.13 | 1.61 | 9.51 | 37.64 | 8.82 |
| Inventory turnover | 0.36 | 0.91 | 0.00 | 0.00 | 0.04 | 0.82 | 0.16 |
| Debtors turnover | 436.07 | 1,530.00 | 3.64 | 4.40 | 11.35 | 27.60 | 6.47 |
| EPS (βΉ) | 2.27 | 4.17 | 0.23 | 0.17 | 0.12 | 0.60 | 0.26 |
| Dividend per share (βΉ) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 32.12 | 29.84 | 25.68 | 25.55 | 25.38 | 25.26 | 24.66 |
Competitors of Ratna Group
Ratna Group has 2 listed competitors in our database. They include Lodha Group and Godrej Properties.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lodhagroup.com | 1980 | Mumbai, India | 4,846 | Developer of residential and commercial real estate properties | ||
| godrejproperties.com | 1990 | Mumbai, India | 408 | Residential and commercial properties are developed by Godrej Properties. |
Detailed competitors of Ratna Group
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Web traffic of Ratna Group
The website of Ratna Group (ratnagroup.co.in) receives about 2.3K visits a month.
- Monthly visits2.3K
▼ 3.8% vs previous month
Websites whose visitors overlap most with Ratna Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| vitalspace.in | 100% | #2,684,150 | View details |
Top companies in Real Estate Developers & Builders
3 companies that operate in the same segment as Ratna Group (Real Estate Developers & Builders) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of luxury residential properties | 1992 | Mumbai, Maharashtra, India | USD 158.42 M | USD 55.39 M | 1,046 | |
Residential and commercial properties are developed by Godrej Properties. | 1990 | Mumbai, Maharashtra, India | USD 546.88 M | 6,030 | ||
Premium residential building development services are provided. | 1980 | Mumbai, Maharashtra, India | USD 152.4 M | USD 658.36 M | 1,322 |
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Frequently Asked Questions about Ratna Group
Ratna Group was founded in 1965.
Ratna Group is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Ratna Group has 30 employees.
The primary company behind Ratna Group, Ratnabhumi Developers Limited, reported revenue of βΉ62.20 Cr for FY 2026, down 71% year on year.
Ratna Group was established in 1965 in Ahmedabad, India, focusing on the real estate and infrastructure sectors. Services encompass property development, construction projects, and related infrastructure works. Operations are centered in India, with emphasis on urban and regional developments. The company maintains a presence through its domain ratnagroup.co.in, supporting various real estate initiatives and infrastructure solutions across local markets.
Ratna Group's top competitors include Godrej Properties and Lodha Group.
Ratna Group offers Residential Projects, Commercial Projects, and Upcoming Projects.
Yes, Ratna Group is publicly traded on BSE under the ticker symbol RATNABHUMI.
Ratna Group is associated with 4 legal entities: Ratnabhumi Developers Limited, Vasupujya Arcade Llp, Ratnabhumi Techno Engg Private Limited and others.
The legal entities of Ratna Group currently have 8 directors, including Munir Mahendrakumar Shah, Jitendrakumar Mafatlal Shah, Kaivan Jitendrakumar Shah and others.
