P B A Infrastructure Ltd

P B A Infrastructure Ltd

₹ 11.2 0.54%
19 Apr - close price
About

Incorporated in 1974, PBA Infrastructure Ltd is engaged in the execution of civil engineering and infrastructure projects in India.

Key Points

Business Overview:[1]
Company is registered with the Public Works Department, Government of Maharashtra (GoM), as a Class-1A contractor, and with the Municipal Corporation of Greater Mumbai as a Class-AA contractor in the civil division. Company is ISO 9001:2000-certified for the construction of bridges and roads.

  • Market Cap 15.2 Cr.
  • Current Price 11.2
  • High / Low 16.0 / 7.01
  • Stock P/E 5.43
  • Book Value -90.3
  • Dividend Yield 0.00 %
  • ROCE -26.3 %
  • ROE %
  • Face Value 10.0

Pros

  • Debtor days have improved from 223 to 151 days.

Cons

  • The company has delivered a poor sales growth of -37.1% over past five years.
  • Contingent liabilities of Rs.74.2 Cr.
  • Promoters have pledged 64.5% of their holding.
  • Earnings include an other income of Rs.20.1 Cr.
  • Company has high debtors of 151 days.

* 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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Quarterly Results

Figures in Rs. Crores

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
7 6 0 -0 1 -0 2 0 1 8 8 17 15
5 5 3 4 1 18 3 1 84 15 9 18 12
Operating Profit 2 1 -2 -4 -0 -18 -0 -0 -83 -7 -0 -1 3
OPM % 33% 12% -618% -64% -14% -24% -10,338% -98% -5% -7% 23%
0 2 3 6 -1 24 1 0 -37 3 1 1 15
Interest 0 0 0 0 0 0 -0 0 -0 -0 0 -0 -0
Depreciation 1 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax 1 1 -1 1 -2 5 -1 -1 -121 -5 -1 -1 18
Tax % -0% -35% -0% 25% -0% -0% -0% -0% -0% -122% -0% -0% 12%
1 2 -1 1 -2 5 -1 -1 -121 -11 -1 -1 16
EPS in Rs 0.86 1.39 -0.46 0.50 -1.81 3.46 -0.51 -0.61 -89.71 -8.34 -0.72 -1.10 11.51
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
271.18 261.82 292.55 170.57 108.77 88.89 112.96 85.08 44.40 18.82 1.18 11.16 48.19
237.25 222.07 254.59 147.02 90.05 79.09 108.45 82.90 44.02 15.05 25.71 101.03 53.72
Operating Profit 33.93 39.75 37.96 23.55 18.72 9.80 4.51 2.18 0.38 3.77 -24.53 -89.87 -5.53
OPM % 12.51% 15.18% 12.98% 13.81% 17.21% 11.02% 3.99% 2.56% 0.86% 20.03% -2,078.81% -805.29% -11.48%
24.60 3.45 2.43 3.82 6.31 0.83 6.13 12.25 6.39 2.78 31.81 -34.04 20.06
Interest 36.13 32.71 35.18 41.45 45.04 36.00 47.49 2.84 1.03 0.51 0.73 0.03 0.01
Depreciation 8.53 8.60 8.60 4.83 5.18 4.41 4.83 4.82 4.82 4.82 4.34 4.34 4.36
Profit before tax 13.87 1.89 -3.39 -18.91 -25.19 -29.78 -41.68 6.77 0.92 1.22 2.21 -128.28 10.16
Tax % 22.64% 15.34% 19.17% 0.21% 0.99% 1.21% 2.09% 8.71% -271.74% -40.16% 107.24% -4.83%
10.72 1.59 -2.74 -18.87 -24.94 -29.41 -40.80 6.18 3.43 1.71 -0.17 -134.48 1.82
EPS in Rs 7.94 1.18 -2.03 -13.98 -18.47 -21.78 -30.22 4.58 2.54 1.27 -0.13 -99.61 1.35
Dividend Payout % -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00%
Compounded Sales Growth
10 Years: -27%
5 Years: -37%
3 Years: -37%
TTM: 1277%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 103%
Stock Price CAGR
10 Years: -2%
5 Years: 23%
3 Years: %
1 Year: 36%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 13.50 13.50 13.50 13.50 13.50 13.50 13.50 13.50 13.50 13.50 13.50 13.50 13.50
Reserves 104.93 106.28 103.53 84.66 59.72 30.14 -10.09 -3.07 0.21 1.71 1.54 -132.94 -135.39
215.29 211.67 231.90 288.43 379.98 385.71 447.62 436.65 438.17 430.54 402.30 401.94 401.17
159.64 169.21 170.79 160.50 115.65 90.97 82.31 45.35 43.50 34.80 34.77 35.04 36.00
Total Liabilities 493.36 500.66 519.72 547.09 568.85 520.32 533.34 492.43 495.38 480.55 452.11 317.54 315.28
98.57 90.88 82.67 75.66 68.65 58.66 53.77 49.08 44.26 39.44 34.61 29.24 27.08
CWIP -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
Investments 0.01 4.21 15.95 15.98 15.98 15.98 28.68 28.68 28.68 28.68 28.68 28.68 28.68
394.78 405.57 421.10 455.45 484.22 445.68 450.89 414.67 422.44 412.43 388.82 259.62 259.52
Total Assets 493.36 500.66 519.72 547.09 568.85 520.32 533.34 492.43 495.38 480.55 452.11 317.54 315.28

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
18.69 46.55 14.47 -21.31 -55.19 16.35 -4.29 3.54 0.88 7.56 23.80 -2.30
50.18 -3.79 -11.66 5.63 7.05 10.41 -10.57 12.16 -1.78 0.52 7.68 1.94
-71.30 -34.61 -13.17 14.18 48.89 -25.98 14.56 -13.51 0.81 -8.03 -28.97 0.39
Net Cash Flow -2.43 8.15 -10.36 -1.50 0.75 0.78 -0.30 2.19 -0.09 0.05 2.51 0.03

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 203.73 196.48 162.77 319.59 729.03 433.98 320.70 137.41 121.26 29.48 488.73 151.43
Inventory Days 169.80 55,318.87 13,238.30 318.90
Days Payable 116.47 3,452.70 971.56 48.83
Cash Conversion Cycle 203.73 249.81 162.77 319.59 729.03 433.98 320.70 137.41 121.26 51,895.65 12,755.47 421.50
Working Capital Days 129.19 171.53 193.64 413.87 970.70 789.17 577.52 718.46 1,286.71 3,127.13 49,114.15 2,398.01
ROCE % 8.44% 10.40% 9.34% 6.13% 4.77% 1.97% 1.33% 2.14% -0.00% 0.04% -4.96% -26.33%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
54.70% 54.70% 54.70% 54.70% 54.70% 54.70% 54.70% 54.70% 54.70% 54.70% 54.70% 54.70%
45.30% 45.30% 45.30% 45.30% 45.30% 45.31% 45.31% 45.31% 45.31% 45.30% 45.30% 45.30%
No. of Shareholders 11,59211,49911,87712,37012,42212,22712,10311,94311,78211,60211,31011,381

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