Radhe Developers' Quality Grade Upgrade Reflects Strong Sales and Financial Stability

Radhe Developers (India), a microcap player in the realty sector, has recently undergone an evaluation revision, reflecting a shift in its quality assessment. The company has demonstrated notable sales growth over the past five years, achieving a rate of 25.73%. Additionally, its EBIT growth during the same period stands at 11.55%, indicating a solid operational performance.
Financial metrics reveal that Radhe Developers maintains a favorable EBIT to interest ratio of 6.52, alongside a negative net debt position, which suggests a manageable debt load. The net debt to equity ratio is recorded at 0.23, further underscoring the company's financial stability. The sales to capital employed ratio is at 0.17, while the tax ratio is reported at 13.13%.

In comparison to its peers, Radhe Developers holds a competitive position, with several competitors, such as Peninsula Land and Parsvnath Developers, rated below average. Other firms in the sector, like BIGBLOC Construction and Haz. Multi Projects, also share an average quality assessment. This context highlights Radhe Developers' relative strength within a challenging market landscape.