Modulex Construction Technologies Ltd

Modulex Construction Technologies Ltd

₹ 10.5 1.65%
21 Jun - close price
About

Incorporated in 1973, Modulex Construction Technologies Ltd is in production, building, supplying, fabricating and manufacturing of modular steel buildings

Key Points

Business Overview:[1][2]
Modulex is a UK-based ConstrucTech company, promoted by Red Ribbon Asset Management Plc. Company deploys technologies like Artificial Intelligence, Blockchain and Internet of Things and green construction technology for development of Modular Buildings 2.O. Company manufactures modules to form a complete Permanent Modular Construction building which are typically constructed indoors on assembly lines. Company offers complete turnkey service viz. Conceptualization and Design, Cost Estimation, Structural Engineering, Offsite- Module Manufacturing & Onsite-Foundation, Module Transportation & Installation, Finishing & Handover, from initial concept design to completion. Company's proprietary technology is a modern method of construction which entails construction of 3D volumetric steel modular buildings

  • Market Cap 72.4 Cr.
  • Current Price 10.5
  • High / Low 16.9 / 7.72
  • Stock P/E
  • Book Value 40.3
  • Dividend Yield 0.00 %
  • ROCE -2.47 %
  • ROE -3.76 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.26 times its book value

Cons

  • Company has low interest coverage ratio.
  • Promoter holding is low: 22.6%
  • Company has a low return on equity of -2.98% over last 3 years.
  • Company's cost of borrowing seems high
  • Promoter holding has decreased over last 3 years: -3.09%

* 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: Construction 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
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
1.16 1.17 1.20 1.27 1.18 1.69 1.36 3.09 1.46 1.35 2.31 1.24 1.43
Operating Profit -1.16 -1.17 -1.20 -1.27 -1.18 -1.69 -1.36 -3.09 -1.46 -1.35 -2.31 -1.24 -1.43
OPM %
0.08 0.02 0.01 0.08 0.02 0.17 0.79 0.26 0.09 0.09 0.03 0.15 0.00
Interest 0.61 0.73 0.51 0.95 0.74 0.65 0.69 0.72 0.75 0.74 0.54 0.42 0.41
Depreciation 0.07 0.03 0.03 0.03 0.03 0.06 0.02 0.02 0.02 0.02 0.02 0.02 0.02
Profit before tax -1.76 -1.91 -1.73 -2.17 -1.93 -2.23 -1.28 -3.57 -2.14 -2.02 -2.84 -1.53 -1.86
Tax % 0.00% -2.09% -0.58% 0.00% 0.00% -0.90% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-1.77 -1.95 -1.74 -2.17 -1.92 -2.25 -1.29 -3.58 -2.14 -2.03 -2.85 -1.54 -1.86
EPS in Rs -0.34 -0.38 -0.34 -0.42 -0.37 -0.43 -0.25 -0.70 -0.42 -0.40 -0.41 -0.24 -0.27
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
-0.31 0.02 0.00 0.00 0.00 0.00
7.17 5.46 4.44 5.17 7.27 6.33
Operating Profit -7.48 -5.44 -4.44 -5.17 -7.27 -6.33
OPM % -27,200.00%
0.38 0.63 0.24 0.13 1.18 0.27
Interest 0.58 0.95 2.14 2.87 2.85 2.11
Depreciation 0.05 0.04 0.13 0.14 0.10 0.08
Profit before tax -7.73 -5.80 -6.47 -8.05 -9.04 -8.25
Tax % 0.00% 0.00% -0.62% -0.50% 0.00%
-7.73 -5.80 -6.51 -8.10 -9.04 -8.28
EPS in Rs -1.42 -1.13 -1.26 -1.57 -1.76 -1.32
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -34%
TTM: 18%
Stock Price CAGR
10 Years: %
5 Years: -16%
3 Years: -14%
1 Year: 10%
Return on Equity
10 Years: %
5 Years: %
3 Years: -3%
Last Year: -4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 42.86 50.69 50.69 50.69 51.30 69.20
Reserves 239.95 230.83 224.60 216.78 208.02 209.99
0.14 10.04 14.49 22.03 22.49 7.29
17.82 14.89 14.12 18.28 21.54 21.29
Total Liabilities 300.77 306.45 303.90 307.78 303.35 307.77
260.62 268.46 268.34 268.22 264.20 265.29
CWIP 26.53 26.79 26.79 32.47 32.55 32.55
Investments 0.00 0.01 0.01 0.76 0.60 0.00
13.62 11.19 8.76 6.33 6.00 9.93
Total Assets 300.77 306.45 303.90 307.78 303.35 307.77

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.00 3.05 -0.44 -4.28 -4.84
0.00 -11.30 0.16 -3.22 3.43
0.00 8.27 0.27 7.71 1.13
Net Cash Flow 0.00 0.02 0.00 0.21 -0.28

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 0.00 0.00
Inventory Days 0.00
Days Payable
Cash Conversion Cycle 0.00 0.00
Working Capital Days 2,025.16 -159,687.50
ROCE % -1.67% -1.49% -1.73% -2.47%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
25.71% 25.71% 25.71% 25.71% 25.71% 25.71% 25.71% 25.71% 22.61% 22.61% 22.61% 22.61%
74.29% 74.29% 74.29% 74.29% 74.29% 74.29% 74.29% 74.31% 77.37% 77.38% 77.39% 77.39%
No. of Shareholders 3,5174,6404,9185,7055,8265,9996,0526,0566,1456,2756,2016,676

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