Neo Infracon Ltd

Neo Infracon Ltd

₹ 15.4 -5.00%
21 Feb - close price
About

Incorporated in 2002, Neo Infracon Ltd is in the business of real estate construction and development activities[1]

Key Points

Business Overview:[1]
Company is a part of the Neo Group and is engaged in residential real estate property development primarily in Mumbai

  • Market Cap 8.17 Cr.
  • Current Price 15.4
  • High / Low 17.4 / 8.17
  • Stock P/E 19.9
  • Book Value 10.6
  • Dividend Yield 0.00 %
  • ROCE 3.06 %
  • ROE -2.76 %
  • Face Value 10.0

Pros

  • Debtor days have improved from 178 to 141 days.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 11.2% over past five years.
  • Company has a low return on equity of 10.5% over last 3 years.
  • Contingent liabilities of Rs.15.0 Cr.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.0.88 Cr.

* 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 14.76 0.00 0.73 2.60 0.92 0.36 1.24 0.43 4.39 0.51 0.23 2.10
0.43 14.62 0.42 0.86 2.84 1.27 0.79 1.53 0.85 3.95 0.76 0.49 1.67
Operating Profit -0.43 0.14 -0.42 -0.13 -0.24 -0.35 -0.43 -0.29 -0.42 0.44 -0.25 -0.26 0.43
OPM % 0.95% -17.81% -9.23% -38.04% -119.44% -23.39% -97.67% 10.02% -49.02% -113.04% 20.48%
0.79 0.82 0.81 0.81 0.83 0.75 0.49 0.49 0.25 0.29 0.20 0.19 0.20
Interest 0.22 0.23 0.27 0.23 0.22 0.21 0.20 0.20 0.18 0.15 0.12 0.12 0.18
Depreciation 0.02 0.02 0.03 0.03 0.02 0.04 0.04 0.05 0.06 0.05 0.05 0.06 0.06
Profit before tax 0.12 0.71 0.09 0.42 0.35 0.15 -0.18 -0.05 -0.41 0.53 -0.22 -0.25 0.39
Tax % 8.33% 32.39% 0.00% 0.00% 2.86% 46.67% 0.00% 0.00% 0.00% 7.55% 0.00% 0.00% 0.00%
0.11 0.47 0.10 0.42 0.34 0.08 -0.18 -0.06 -0.41 0.48 -0.22 -0.24 0.39
EPS in Rs 0.21 0.89 0.19 0.79 0.64 0.15 -0.34 -0.11 -0.77 0.90 -0.41 -0.45 0.73
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
6.39 5.59 3.78 0.21 15.54 14.88 4.25 6.43 7.23
6.00 4.86 4.40 0.79 13.16 15.69 5.40 7.13 6.87
Operating Profit 0.39 0.73 -0.62 -0.58 2.38 -0.81 -1.15 -0.70 0.36
OPM % 6.10% 13.06% -16.40% -276.19% 15.32% -5.44% -27.06% -10.89% 4.98%
0.14 0.27 0.42 0.93 1.99 3.19 3.20 1.52 0.88
Interest 0.36 0.64 1.76 1.81 1.36 0.97 0.92 0.73 0.57
Depreciation 0.08 0.15 0.15 0.15 0.15 0.08 0.11 0.21 0.22
Profit before tax 0.09 0.21 -2.11 -1.61 2.86 1.33 1.02 -0.12 0.45
Tax % 155.56% 100.00% -3.79% -9.94% 22.03% 19.55% 7.84% -33.33%
-0.04 -0.01 -2.20 -1.77 2.22 1.07 0.94 -0.17 0.41
EPS in Rs -0.08 -0.02 -4.15 -3.34 4.18 2.02 1.77 -0.32 0.77
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 11%
3 Years: -25%
TTM: 145%
Compounded Profit Growth
10 Years: %
5 Years: 14%
3 Years: %
TTM: 172%
Stock Price CAGR
10 Years: 0%
5 Years: -12%
3 Years: 2%
1 Year: 28%
Return on Equity
10 Years: %
5 Years: 10%
3 Years: 11%
Last Year: -3%

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 5.31 5.31 5.31 5.31 5.31 5.31 5.31 5.31 5.31
Reserves 0.67 0.67 -1.53 -3.30 -1.08 -0.01 0.93 0.77 0.30
37.06 39.22 38.70 41.10 30.59 24.46 14.42 13.13 14.59
9.23 8.11 6.52 7.96 12.65 15.36 14.89 11.24 11.11
Total Liabilities 52.27 53.31 49.00 51.07 47.47 45.12 35.55 30.45 31.31
3.66 3.62 3.48 3.34 3.20 3.17 3.77 4.23 1.26
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.92
48.61 49.69 45.52 47.73 44.27 41.95 31.78 26.22 27.13
Total Assets 52.27 53.31 49.00 51.07 47.47 45.12 35.55 30.45 31.31

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
-1.63 -3.63 2.93 0.21 11.89 7.93 7.12 2.67
-10.67 0.15 -0.01 0.00 -0.01 -0.05 -0.71 -0.68
12.28 3.69 -3.19 -0.24 -11.86 -5.46 -8.82 -2.01
Net Cash Flow -0.01 0.21 -0.27 -0.03 0.02 2.42 -2.41 -0.02

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 145.66 145.61 257.82 3,945.48 68.11 251.18 140.85 141.35
Inventory Days 2,833.39 4,195.46 4,223.42
Days Payable 125.10 126.42 111.99
Cash Conversion Cycle 2,853.94 4,214.64 4,369.25 3,945.48 68.11 251.18 140.85 141.35
Working Capital Days 2,119.74 2,694.08 3,641.31 68,620.00 683.73 615.94 1,526.13 886.10
ROCE % 1.93% -0.80% 0.47% 10.83% 7.12% 7.34% 3.06%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
49.04% 49.21% 53.99% 53.99% 53.99% 53.99% 53.99% 53.99% 53.99% 53.99% 53.99% 53.99%
50.96% 50.79% 46.01% 46.01% 46.01% 46.01% 46.01% 46.01% 46.01% 46.01% 46.01% 46.01%
No. of Shareholders 1,3851,3891,4201,5421,6101,8561,8772,0782,0382,0482,0122,034

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