Madhav Infra Projects Ltd
Incorporated in 2010, Madhav Infra
Projects Ltd is in the business of
Infrastructure Development and
Solar Power generation[1]
- Market Cap ₹ 273 Cr.
- Current Price ₹ 10.1
- High / Low ₹ 15.0 / 3.55
- Stock P/E 11.7
- Book Value ₹ 6.88
- Dividend Yield 0.00 %
- ROCE 13.2 %
- ROE 12.8 %
- Face Value ₹ 1.00
Pros
- Company's working capital requirements have reduced from 149 days to 99.8 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 3.30% over last 3 years.
- Contingent liabilities of Rs.232 Cr.
- Promoter holding has decreased over last 3 years: -3.84%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Infrastructure Developers & Operators Industry: Construction
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
272 | 258 | 399 | 385 | 326 | 204 | 274 | 460 | 513 | 514 | |
241 | 178 | 279 | 280 | 254 | 158 | 239 | 409 | 455 | 441 | |
Operating Profit | 31 | 80 | 120 | 106 | 72 | 45 | 35 | 51 | 58 | 73 |
OPM % | 11% | 31% | 30% | 27% | 22% | 22% | 13% | 11% | 11% | 14% |
3 | 2 | 4 | 14 | 3 | 29 | 3 | 3 | 29 | 5 | |
Interest | 10 | 40 | 54 | 59 | 39 | 34 | 32 | 28 | 25 | 25 |
Depreciation | 11 | 29 | 55 | 52 | 30 | 24 | 21 | 16 | 13 | 16 |
Profit before tax | 13 | 15 | 14 | 8 | 6 | 16 | -15 | 9 | 48 | 37 |
Tax % | 31% | 33% | 23% | -1% | 20% | 74% | 20% | 29% | 24% | |
9 | 10 | 11 | 8 | 5 | 3 | -13 | 6 | 36 | 26 | |
EPS in Rs | 0.38 | 0.42 | 0.30 | 0.20 | 0.15 | -0.49 | 0.24 | 1.26 | 0.89 | |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | 36% |
TTM: | -1% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 16% |
3 Years: | 66% |
TTM: | -13% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 22% |
1 Year: | 138% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | 3% |
Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 26 | 26 | 27 | 27 |
Reserves | 49 | 59 | 73 | 68 | 70 | 84 | 53 | 58 | 140 | 158 |
Preference Capital | -0 | 35 | 45 | 51 | 51 | 51 | 51 | 38 | 8 | |
150 | 381 | 434 | 470 | 293 | 284 | 252 | 217 | 200 | 180 | |
151 | 111 | 171 | 196 | 199 | 121 | 176 | 191 | 207 | 152 | |
Total Liabilities | 356 | 557 | 684 | 740 | 568 | 495 | 506 | 492 | 574 | 518 |
69 | 393 | 399 | 385 | 208 | 175 | 185 | 96 | 132 | 129 | |
CWIP | -0 | -0 | 3 | 25 | -0 | -0 | -0 | -0 | 7 | 8 |
Investments | 98 | 24 | 30 | 31 | 31 | 38 | 32 | 30 | 31 | 23 |
189 | 140 | 252 | 300 | 329 | 282 | 290 | 366 | 404 | 358 | |
Total Assets | 356 | 557 | 684 | 740 | 568 | 495 | 506 | 492 | 574 | 518 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|
4 | 102 | 79 | 101 | 29 | 2 | 100 | -8 | 73 | |
-31 | -277 | -79 | -66 | 155 | 1 | -42 | 66 | -18 | |
35 | 186 | -2 | -21 | -212 | -20 | -73 | -64 | -33 | |
Net Cash Flow | 8 | 11 | -2 | 13 | -27 | -18 | -14 | -6 | 22 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 9 | 70 | 53 | 65 | 123 | 149 | 113 | 90 | 117 |
Inventory Days | 102 | 17 | 190 | 200 | 218 | 339 | 273 | 222 | 167 |
Days Payable | 183 | 94 | 295 | 228 | 204 | 211 | 187 | 202 | 279 |
Cash Conversion Cycle | -71 | -6 | -51 | 37 | 138 | 277 | 199 | 109 | 5 |
Working Capital Days | 10 | -26 | 19 | 23 | 106 | 275 | 195 | 152 | 100 |
ROCE % | 15% | 13% | 11% | 9% | 12% | 4% | 10% | 13% |
Documents
Announcements
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 2d
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 2d
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
24 Apr - Madhav Infra Projects Limited has received Letter of Intent from Gujarat Industries Power Company Limited for the Solar Power Generation Projects..
- Submission Of Certificate Under Regulation 40 (10) Of SEBI (LODR) Regulations, 2015 For The Year Ended On March 31, 2024. 15 Apr
-
Compliance Certificate For The Period Ended March 31, 2024
11 Apr - Compliance certificate for the year ended March 31, 2024 pursuant to regulation 7(3) of SEBI LODR Regulations 2015
Business Overview:[1][2]
MIPL is part of Vadodara-based Madhav group and is the EPC arm of the group. Company operates in fields of Energy, Real Estate, Highways and Urban Infrastructure. It undertakes large-scale self-financed BOT projects like road and water supply, industrial projects for core sectors or lump sum turnkey projects for utilities and urban infrastructure like bus stands, solar, PV and small hydro power projects