RENAISSANCE GLOBAL chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 1,200.82
Dividend & Yield10.00₹ (1.59%)
Beta 1.34
Market capitalization 12.52B
Operating cash flow N/A
ESG Scores unknown

Company description

Renaissance Global Limited designs, manufactures, and sells diamond studded jewelry in India and internationally. The company offers gold jewelry, as well as bangles, pendant sets, and other products. It also engages in the retail and trade of cut and polished diamonds; gems; and furniture and accessories. The company operates the Hallmark and Enchanted Disney Fine Jewelry brands; and retail stores under the IRASVA brand, as well as jewelry collection stores under the Disney Treasures and Disney Jewels brand. The company was formerly known as Renaissance Jewellery Limited and changed its name to Renaissance Global Limited in March 2019. Renaissance Global Limited was incorporated in 1989 and is based in Mumbai, India.

Sector: Consumer Cyclical - Industry: Luxury Goods

Financial Ratios
Quick Ratio0.98
Working Capital0.06
Return On Equity0.06
Debt To Equity0.12
Fixed Asset Ratio0.01
Fixed Interest Cover2.37

Financial data

Financial Statements

Cashflow Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Change To Liabilities -9.1M -1.57B 260.12M
Total Cashflows From Investing Activities 219.35M -24.94M -706.01M 614.59M
Net Borrowings 118.66M 3.03B -511.35M -458.23M
Total Cash From Financing Activities -66.17M 2.77B -757.65M -776.44M
Change To Operating Activities -1.14B -96.57M 325.95M -53.69M
Issuance Of Stock 18M
Net Income 630.22M 767.25M 879.91M 463M
Change In Cash -185.79M -290.66M 558.13M 1B
Effect Of Exchange Rate
Total Cash From Operating Activities -338.97M -3.03B 2.02B 1.16B
Depreciation 107.16M 110.62M 296.92M 302.69M
Change To Account Receivables -73.33M -73.33M -58.2M -33.69M
Other Cashflows From Financing Activities -143.43M -252.77M -246.25M -233.32M
Change To Netincome 46.65M 438.68M 166.27M 528.93M
Capital Expenditures -119.22M -484.21M -85.38M -61.58M

Income Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Research Development
Income Before Tax 749.95M 818.56M 1.1B 592M
Net Income 630.22M 767.25M 879.91M 463M
Selling General Administrative 865.77M 1.32B 1.31B 1.21B
Gross Profit 2.99B 4.54B 4.7B 592M
Ebit 579.96M 1.17B 1.3B 592M
Operating Income 579.96M 1.17B 1.3B 592M
Interest Expense -144.87M -249.58M -297.55M -249.83M
Income Tax Expense 106.67M 35.72M 177.77M 129M
Total Revenue 18.12B 25.91B 25.02B 20.31B
Cost Of Revenue 15.14B 21.37B 20.32B 19.72B
Total Other Income ExpenseNet 169.99M -351.47M -201.75M -272.26M
Net Income From Continuing Ops 643.27M 782.84M 922.32M 463M
Net Income Applicable To Common Shares 630.22M 767.25M 879.91M 463M

Balance Sheet Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Total Liabilities 6.76B 9.89B 8.72B 8.03B
Total Stockholder Equity 5.49B 6.65B 6.99B 8.33B
Other Current Liabilities 3.81M 93.32M 762.85M 510.6M
Total Assets 12.25B 16.54B 15.71B 16.45B
Common Stock 186.83M 186.83M 186.83M 186.83M
Other Current Assets 614.53M 750.95M 222.66M 373.93M
Retained Earnings 4.57B 5.45B 6.29B 7.06B
Treasury Stock 17.65M 295.02M -195.82M 468.45M
Cash 607.99M 318.43M 846.06M 1.86B
Total Current Liabilities 6.72B 8.98B 7.56B 6.85B
Other Stockholder Equity 17.65M 295.02M -195.82M 468.45M
Property, Plant, and Equipment 461.59M 540.67M 774.48M 705.58M
Total Current Assets 11.3B 15.27B 14.06B 15.2B
Net Tangible Assets 5.43B 6.37B 6.79B 8.33B
Net Receivables 3.56B 3.75B 4.1B 4.34B
Accounts Payable 3.07B 2.93B 1.47B 1.45B


Insider Transactions

Here are the insider transactions of stock shares related to RENAISSANCE GLOBAL:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Shah (Darshil)Other at price 0.67 per share.D2022-01-17Director28.19k
Shah (Sandeep)Other at price 0.67 per share.D2022-01-17UNREPORTED28.19k
Anived Family TrustOther at price 0.00 per share.D2022-01-13Promoter4.13M
Shah (Sumit N)Other at price 0.00 per share.D2022-01-13Promoter4.13M
Shah (Darshil)Other at price 0.68 per share.D2022-01-12Director35k
Shah (Sandeep)Other at price 0.68 per share.D2022-01-12UNREPORTED35k
Shah (Sandeep)Other at price 0.68 per share.D2022-01-10UNREPORTED35k
Shah (Darshil)Other at price 0.67 per share.D2022-01-07Director35k
Shah (Darshil)Gift at price 0.00 per share.D2021-12-29Director200k
Shah (Seema Atul)Gift at price 0.00 per share.D2021-12-29Director200k
Shah (Yesha N)Acquisition at price 11.56 per share.D2021-12-06UNREPORTED1.32k
Ahuja (Reena)Acquisition at price 4.09 per share.D2021-03-26Promoter47.2k
Shah (Amit C.)Sale at price 4.15 per share.D2021-03-18Promoter151.81k
Shah (Rahil Sandeep)Acquisition at price 4.17 per share.D2021-03-18UNREPORTED151.81k
Shah (Amit C.)Sale at price 4.34 per share.D2021-03-15Promoter152k
Shah (Sonal Sandeep)Acquisition at price 4.36 per share.D2021-03-15UNREPORTED152k
Shah (Amit C.)Sale at price 4.02 per share.D2021-03-03Promoter167.31k
Shah (Darshil)Acquisition at price 4.03 per share.D2021-03-03Promoter167.31k
Ahuja (Reena)Acquisition at price 4.19 per share.D2021-02-24Promoter60.35k
Shah (Amit C.)Sale at price 4.18 per share.D2021-02-24Promoter60.35k
Shah (Amit C.)Sale at price 4.00 per share.D2021-02-16Divisional Officer136.5k
Shah (Darshil)Acquisition at price 4.00 per share.D2021-02-16UNREPORTED136.5k
Ahuja (Reena)D2020-03-06UNREPORTED70.44k
Ahuja (Reena)D2020-03-04UNREPORTED90k
Shah (Niranjan A)D2019-12-31Promoter38.4k
Shah (Niranjan A)D2019-12-31Promoter15.6k
Shah (Niranjan A)D2019-12-30Promoter45.8k
Shah (Niranjan A)D2019-12-30Promoter15.7k
Shah (Niranjan A)D2019-12-27Promoter18.8k
Shah (Niranjan A)D2019-12-27Promoter13.2k
Shah (Niranjan A)D2019-12-26Promoter20.7k
Shah (Niranjan A)D2019-12-26Promoter300
Shah (Niranjan A)D2019-12-24Promoter13.2k
Shah (Niranjan A)D2019-12-24Promoter500
Shah (Niranjan A)D2019-12-23Promoter13.8k
Shah (Niranjan A)D2019-12-23Promoter150
Shah (Niranjan A)D2019-12-20Promoter15.5k
Shah (Niranjan A)D2019-12-20Promoter1.5k
Shah (Niranjan A)D2019-12-19Promoter6.5k
Shah (Niranjan A)D2019-12-19Promoter500
Shah (Niranjan A)D2019-12-18Promoter4.8k
Shah (Niranjan A)D2019-12-18Promoter312
Shah (Niranjan A)D2019-12-17Promoter15.6k
Shah (Niranjan A)D2019-12-17Promoter10.6k
Shah (Niranjan A)D2019-12-16Promoter19.2k
Shah (Niranjan A)D2019-12-16Promoter200
Shah (Niranjan A)D2019-12-13Executive Chairman16.29k
Shah (Niranjan A)D2019-12-13Executive Chairman550
Shah (Niranjan A)D2019-12-12Executive Chairman18.2k
Shah (Niranjan A)D2019-12-12Executive Chairman689
Shah (Niranjan A)D2019-12-11Executive Chairman10.73k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to RENAISSANCE GLOBAL. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on RENAISSANCE GLOBAL

Here is the result of two systematic investment strategies applied to RENAISSANCE GLOBAL. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on RENAISSANCE GLOBAL

The following chart shows the equity curve of the two systematic investment strategies applied to RENAISSANCE GLOBAL:

RENAISSANCE GLOBAL automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 67.86% on the backtest period.

Performance at glance

Performance

67.86 %

Latent gain

2803.95 ₹

Invested capital

4132.05 ₹

Annualized return

16.08 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on RENAISSANCE GLOBAL

This is the result of two momentum investment strategies applied to RENAISSANCE GLOBAL. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on RENAISSANCE GLOBAL

The following chart shows all the entries opened by the momentum investment system on RENAISSANCE GLOBAL:

RENAISSANCE GLOBAL momentum entries
  • The first momentum investment strategy would give 79.3% of return on RENAISSANCE GLOBAL. That represents 4908.2₹ of latent gain with 6189.4₹ of employed capital.
  • The second momentum investment strategy would give 171.62% of return on RENAISSANCE GLOBAL. That represents 3944.15₹ of latent gain with 2298.25₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

79.3 %

Latent gain

4908.2 ₹

Invested capital

6189.4 ₹

Annualized return

7.99 %
Performance at glance (2Q Momentum)

Performance

171.62 %

Latent gain

3944.15 ₹

Invested capital

2298.25 ₹

Annualized return

45.89 %

Momentum equity curve on RENAISSANCE GLOBAL

The following chart shows the equity curve of the two momentum strategies applied to RENAISSANCE GLOBAL:

RENAISSANCE GLOBAL momentum equity

Note: the dividends potentially given by RENAISSANCE GLOBAL are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on RENAISSANCE GLOBAL

The following chart shows the employed capital evolution of the two momentum strategies on RENAISSANCE GLOBAL since the beginning:

RENAISSANCE GLOBAL

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on RENAISSANCE GLOBAL

Buy the dip entry openings on RENAISSANCE GLOBAL

RENAISSANCE GLOBAL

The performance achieved by the robo-advisor on RENAISSANCE GLOBAL is 17.73%. That represents 313.3$ of latent gain with 1767.5₹ of employed capital. The following chart shows RENAISSANCE GLOBAL stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of RENAISSANCE GLOBAL, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

17.73 %

Latent gain

313.3 ₹

Invested capital

1767.5 ₹

Annualized return

7.99 %

Equity curve of the strategy applied to RENAISSANCE GLOBAL

The following chart shows the result of the investment strategy applied to RENAISSANCE GLOBAL:

RENAISSANCE GLOBAL

Note: the dividends potentially given by RENAISSANCE GLOBAL are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on RENAISSANCE GLOBAL

The following chart shows the employed capital evolution since the beginning of the investment strategy on RENAISSANCE GLOBAL:

RENAISSANCE GLOBAL

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on RENAISSANCE GLOBAL

In this section, I will compare the three previous investment strategies applied to RENAISSANCE GLOBAL.

Equity curve comparison on RENAISSANCE GLOBAL

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

RENAISSANCE GLOBAL investment strategy comparison

Employed capital comparison on RENAISSANCE GLOBAL

RENAISSANCE GLOBAL investment comparison

Performance comparison on RENAISSANCE GLOBAL

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 67.86% 2803.95₹ 4132.05₹ 16.08%
Momentum 1 quarter 79.3% 4908.2₹ 6189.4₹ 19.92%
Momentum 2 quarters 171.62% 3944.15₹ 2298.25₹ 45.89%
Non-directional 17.73% 313.3₹ 1767.5₹ 7.99%
Annualized return comparison

Automatic investment

16.08 %

Momentum 1Q

45.89 %

Momentum 2Q

45.89 %

Non-directional

7.99 %

Correlated stocks

Here are the most positively and negatively correlated stocks with RENAISSANCE GLOBAL:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between RENAISSANCE GLOBAL and the other stocks. There may be false positives or some missing correlated stocks. If the price of RENAISSANCE GLOBAL does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name RENAISSANCE GLOBAL
Country India
City Mumbai
Address Plot No. 36A & 37
Phone 91 22 4055 1200
Website www.renaissanceglobal.com
FullTime employees 734
Industry Luxury Goods
Sector Consumer Cyclical
Exchange XNSE
Ticker RGL.XNSE
Market

RENAISSANCE GLOBAL ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown