Shradha Infraprojects Ltd

Shradha Infraprojects Ltd

₹ 82.8 7.32%
29 Apr - close price
About

Incorporated in 1987, Shradha Infraprojects
Ltd is in the business of offering building and engineering services[1]

Key Points

Business Overview:[1][2]
SIPL is a real estate infrastructure development company that has worked on various construction projects viz. highways, bridges,
water supply and distribution, renewable energy, real estate, civil work, and urban development.

  • Market Cap 168 Cr.
  • Current Price 82.8
  • High / Low 88.0 / 41.0
  • Stock P/E 12.3
  • Book Value 29.3
  • Dividend Yield 1.51 %
  • ROCE 6.17 %
  • ROE 15.8 %
  • Face Value 5.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 23.7% CAGR over last 5 years
  • Debtor days have improved from 84.9 to 25.4 days.

Cons

  • Stock is trading at 2.83 times its book value
  • Company has a low return on equity of 7.06% over last 3 years.

* 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: Realty Industry: Construction

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0.81 0.41 0.00 0.38 1.11 0.31 0.22 0.31 44.76 45.14 21.52 30.83 27.78
1.10 0.59 0.24 0.62 1.27 0.68 0.50 0.53 35.84 41.32 18.58 26.24 22.72
Operating Profit -0.29 -0.18 -0.24 -0.24 -0.16 -0.37 -0.28 -0.22 8.92 3.82 2.94 4.59 5.06
OPM % -35.80% -43.90% -63.16% -14.41% -119.35% -127.27% -70.97% 19.93% 8.46% 13.66% 14.89% 18.21%
0.75 0.84 0.67 1.02 0.60 0.58 0.51 0.81 4.93 0.83 0.51 0.52 0.53
Interest 0.05 -0.06 0.00 0.01 0.00 0.00 0.00 0.06 -0.03 0.01 0.01 0.01 0.12
Depreciation 0.03 0.03 0.03 0.03 0.04 0.04 0.03 0.05 -0.02 0.06 0.10 0.10 0.11
Profit before tax 0.38 0.69 0.40 0.74 0.40 0.17 0.20 0.48 13.90 4.58 3.34 5.00 5.36
Tax % 26.32% 13.04% 10.00% 9.46% 22.50% 17.65% 15.00% 10.42% 25.11% 28.82% 25.15% 29.00% 10.26%
0.28 0.60 0.36 0.67 0.30 0.14 0.16 0.43 10.41 3.26 2.50 3.55 4.82
EPS in Rs 0.15 0.26 0.17 0.34 0.15 0.07 0.08 0.22 5.16 1.56 1.24 1.67 2.25
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
27 39 11 10 3 1 2 90 125
16 37 8 9 3 2 3 78 109
Operating Profit 11 2 3 1 -0 -1 -1 12 16
OPM % 42% 5% 24% 9% -12% -65% -56% 14% 13%
1 3 3 4 3 3 3 7 2
Interest 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0
Profit before tax 12 5 5 5 3 2 2 19 18
Tax % 27% 13% 20% 29% 28% 23% 14% 25%
9 5 4 3 2 2 1 14 14
EPS in Rs 14.28 7.38 1.82 1.69 0.99 0.83 0.73 7.01 6.72
Dividend Payout % 0% 0% 0% 14% 0% 0% 0% 18%
Compounded Sales Growth
10 Years: %
5 Years: 53%
3 Years: 213%
TTM: 175%
Compounded Profit Growth
10 Years: %
5 Years: 24%
3 Years: 75%
TTM: 22%
Stock Price CAGR
10 Years: %
5 Years: 30%
3 Years: 63%
1 Year: 76%
Return on Equity
10 Years: %
5 Years: 6%
3 Years: 7%
Last Year: 16%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0 0 10 10 10 10 10 10 10
Reserves 44 34 42 51 52 50 51 63 49
Preference Capital 0 0 0 0 0 17 17 17
0 9 26 100 115 129 163 138 5
34 16 29 33 31 29 34 40 2
Total Liabilities 78 59 107 193 208 218 259 252 67
27 12 12 12 12 9 9 15 7
CWIP 0 0 0 0 2 4 7 8 9
Investments 2 2 1 1 1 1 2 2 20
49 45 94 180 193 204 241 226 32
Total Assets 78 59 107 193 208 218 259 252 67

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
14 4 -4 -2 -22 -14 -39 34
1 0 17 -3 -1 -1 -3 -7
-3 -3 -2 3 23 14 33 -26
Net Cash Flow 12 1 11 -2 0 -0 -9 0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 9 5 21 10 30 93 136 25
Inventory Days 398 4,252 7,254 23,871 639,480
Days Payable 136 2 5 64 2,887
Cash Conversion Cycle 9 267 4,271 7,259 23,837 636,687 136 25
Working Capital Days 51 119 2,299 5,454 20,858 53,010 44,867 813
ROCE % 10% 8% 3% 2% 1% 1% 6%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.92% 74.95% 74.95% 74.95% 74.95% 74.94% 74.94% 74.94% 74.94% 74.94% 74.94% 74.94%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00%
25.08% 25.05% 25.05% 25.05% 25.05% 25.05% 25.06% 25.06% 25.06% 25.06% 25.04% 25.06%
No. of Shareholders 6299821,0202,0992,1812,0151,4701,7462,1922,5445,5915,132

* 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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