rainbow foundations
(531694:Bombay Stock Exchange)
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Rainbow Foundations Limited operates as a construction company in India. It develops residential/ commercial apartments; promotes resorts; engages in layout business; and provides property development services. The company was founded in 1994 and is based in Chennai, India.
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rainbow foundations (531694) Key Developments
Rainbow Foundations Limited reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales\ income from operations of INR 50.960 million compared to INR 51.767 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 4.152 million compared to INR 3.397 million a year ago. Profit from ordinary activities before tax was INR 1.378 million compared to INR 0.412 million a year ago. Net profit for the period was INR 1.378 million or INR 0.25 per basic and diluted share before and after extraordinary items compared to INR 0.412 million or INR 0.07 per basic and diluted share before and after extraordinary items a year ago. For the nine months period, the company reported net sales\ income from operations of INR 90.428 million compared to INR 95.613 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 11.803 million compared to INR 13.896 million a year ago. Profit from ordinary activities before tax was INR 3.062 million compared to INR 3.157 million a year ago. Net profit for the period was INR 3.062 million or INR 0.58 per basic and diluted share before and after extraordinary items compared to INR 3.157 million or INR 0.57 per basic and diluted share before and after extraordinary items a year ago.
Rainbow Foundations Limited, Board Meeting, Feb 14, 2013. Agenda: To approve financial results.
Rainbow Foundations Limited announced unaudited financial results for the second quarter and six months ended Sept. 30, 2012. For the quarter, the company reported profit from operations before other income, finance costs & exceptional items of INR 8 million against INR 7 million for the same period of last year. Profit from ordinary activities before tax was INR 1.7 million against INR 2.5 million for the same period of last year. Net profit for the period was INR 1.7 million or INR 0.31 per basic and diluted share against INR 2.53 million or INR 0.46 per basic and diluted share for the same period of last year. Net sales/income from operations were INR 39 million against INR 27 million for the same period of last year. For the six months, the company reported profit from operations before other income, finance costs & exceptional items of INR 9 million against INR 10 million for the same period of last year. Profit from ordinary activities before tax was INR 2 million against INR 2.7 million for the same period of last year. Net profit for the period was INR 2.1 million or INR 0.37 per basic and diluted share against INR 2.71 million or INR 0.49 per basic and diluted share for the same period of last year. Net sales/income from operations were INR 58 million against INR 44 million for the same period of last year.
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| RHRI:IN | 9.60 INR | 0.00 | |
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Industry Analysis
531694
Industry Average
| Valuation | 531694 | Industry Range |
| Price/Earnings | 15.6x |
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| Price/Sales | 0.4x |
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| Price/Book | 0.6x |
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| Price/Cash Flow | 12.6x |
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| TEV/Sales | NM | Not Meaningful |
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To contact RAINBOW FOUNDATIONS, please visit www.rainbowfoundations.in. Company data is provided by Capital IQ. Please use this form to report any data issues.
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