Bondada Engineering Ltd

Bondada Engineering Ltd

₹ 1,725 5.00%
06 May 4:01 p.m.
About

Incorporated in 2012, Bondada Engineering Limited provides engineering, procurement, and construction (EPC) services and operations and maintenance (O&M) services to companies operating in the telecom and solar energy industry.[1]

Key Points

Business Profile[1] The company provides passive telecom infrastructure services which include cell site construction, erection, operation, and maintenance of telecom towers with civil, electrical, and mechanical works; supply of poles and towers, laying and maintenance of optical fiber cables, supply of power equipment and other telecom infrastructure related services to major telecom companies and telecom tower operators in India.

  • Market Cap 3,726 Cr.
  • Current Price 1,725
  • High / Low 1,725 / 142
  • Stock P/E 83.3
  • Book Value 75.1
  • Dividend Yield 0.00 %
  • ROCE 42.3 %
  • ROE 57.1 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company has delivered good profit growth of 31.6% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 36.4%
  • Debtor days have improved from 90.2 to 58.3 days.
  • Company's working capital requirements have reduced from 95.2 days to 62.6 days

Cons

  • Stock is trading at 23.0 times its book value

* 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.

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Half Yearly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2022 Mar 2023 Sep 2023 Mar 2024
117 254 296 505
108 234 275 457
Operating Profit 9 19 20 48
OPM % 7% 8% 7% 10%
0 2 1 2
Interest 2 4 4 5
Depreciation 1 1 1 -0
Profit before tax 6 17 17 45
Tax % 26% 24% 13% 29%
4 13 15 31
EPS in Rs 53.05 7.93 6.80 13.91
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
224 229 287 334 371 801
205 211 271 314 340 732
Operating Profit 19 18 16 20 31 68
OPM % 9% 8% 6% 6% 8% 9%
0 0 1 0 0 3
Interest 2 2 4 3 6 9
Depreciation 2 2 2 2 2 1
Profit before tax 16 14 12 15 24 62
Tax % 29% 27% 21% 31% 23% 25%
11 10 9 10 18 46
EPS in Rs 138.54 123.78 112.32 123.66 11.22 20.71
Dividend Payout % 0% 0% 0% 2% 1% 1%
Compounded Sales Growth
10 Years: %
5 Years: 29%
3 Years: 41%
TTM: 116%
Compounded Profit Growth
10 Years: %
5 Years: 32%
3 Years: 75%
TTM: 152%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 33%
3 Years: 36%
Last Year: 57%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 1 1 1 1 16 22
Reserves 28 38 47 57 62 141
26 40 47 38 84 63
52 60 76 62 89 280
Total Liabilities 107 140 171 158 251 505
14 13 13 13 15 41
CWIP 0 0 0 0 0 2
Investments 0 0 0 1 2 2
92 126 158 144 235 460
Total Assets 107 140 171 158 251 505

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
4 -18 3 11 -32 54
-5 -1 -2 -2 -12 -62
6 12 3 -12 45 11
Net Cash Flow 5 -6 4 -3 0 3

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 74 125 108 86 126
Inventory Days 133 184 282 100 118
Days Payable 138 152 183 63 89
Cash Conversion Cycle 69 157 207 123 155
Working Capital Days 54 103 98 88 135
ROCE % 24% 16% 19% 22%

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024
63.33% 63.33% 63.33%
0.01% 0.48% 0.95%
36.66% 36.20% 35.71%
No. of Shareholders 1,7462,1832,083

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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