Bronze Infra-Tech Ltd

Bronze Infra-Tech Ltd

₹ 1.51 4.86%
15 Jul - close price
About

Incorporated in 2004, Bronaze Infratech Limited is in the business of selling Musical Instrument, Land Development, Construction and execution of infrastructure projects.

Key Points

Business Overview:[1]
The company initially traded in textiles and then started construction business and IT Supply activities in FY13. Currently, company sub-contracts specific construction, development and execution work related to project to third party contractors and does Land Development, construction, execution of infrastructure projects. At present, company is executing 4 diversified projects, 2 of which are land development-based projects, 1 project for civil work and another project related to supply of IT Equipment. Apart from this, from FY15, company started Importing Musical Instruments in their own Brand-named BRONZE for selling throughout India.

  • Market Cap 2.61 Cr.
  • Current Price 1.51
  • High / Low 1.51 / 0.86
  • Stock P/E 2.81
  • Book Value 3.37
  • Dividend Yield 0.00 %
  • ROCE 14.8 %
  • ROE 17.4 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.45 times its book value

Cons

  • Promoter holding is low: 1.93%
  • Company has a low return on equity of 7.46% over last 3 years.
  • Company might be capitalizing the interest cost
  • Company has high debtors of 243 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.

Peer comparison

Sector: Construction Industry: Construction

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Quarterly Results

Figures in Rs. Crores

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.08 0.24 4.01 14.92 14.24 -0.88
0.01 0.07 0.03 5.12 0.02 0.03 0.02 1.99 0.23 3.93 14.60 14.42 -0.81
Operating Profit -0.01 -0.07 -0.03 -5.12 -0.02 -0.03 -0.02 0.09 0.01 0.08 0.32 -0.18 -0.07
OPM % 4.33% 4.17% 2.00% 2.14% -1.26%
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
Interest 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
Depreciation 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
Profit before tax -0.01 -0.07 -0.03 -5.12 -0.02 -0.03 -0.02 0.09 0.01 0.08 0.32 -0.18 -0.07
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 11.11% 0.00% 0.00% 0.00% 0.00% 0.00%
-0.01 -0.07 -0.03 -5.12 -0.02 -0.03 -0.02 0.08 0.01 0.08 0.32 -0.18 -0.07
EPS in Rs -0.01 -0.04 -0.02 -2.96 -0.01 -0.02 -0.01 0.05 0.01 0.05 0.19 -0.10 -0.04
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
3.47 38.70 1.85 2.08 1.52 0.56 0.48 0.02 0.00 2.08 33.40 42.84
3.77 38.43 1.82 2.08 1.64 0.78 0.66 0.12 0.28 2.06 33.17 41.12
Operating Profit -0.30 0.27 0.03 0.00 -0.12 -0.22 -0.18 -0.10 -0.28 0.02 0.23 1.72
OPM % -8.65% 0.70% 1.62% 0.00% -7.89% -39.29% -37.50% -500.00% 0.96% 0.69% 4.01%
0.35 0.01 0.02 0.02 0.19 0.07 -1.56 0.04 -4.93 0.00 0.00 0.00
Interest 0.00 0.01 0.01 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.47
Profit before tax 0.05 0.27 0.04 0.01 0.05 -0.16 -1.74 -0.06 -5.21 0.02 0.23 1.25
Tax % 40.00% 37.04% 50.00% 0.00% 40.00% -6.25% 0.00% 0.00% 0.00% 50.00% 30.43% 26.40%
0.04 0.17 0.02 0.01 0.03 -0.17 -1.75 -0.06 -5.21 0.02 0.16 0.93
EPS in Rs 0.10 0.01 0.01 0.02 -0.10 -1.01 -0.03 -3.02 0.01 0.09 0.54
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: 1%
5 Years: 146%
3 Years: %
TTM: 28%
Compounded Profit Growth
10 Years: 19%
5 Years: 148%
3 Years: 75%
TTM: 481%
Stock Price CAGR
10 Years: -31%
5 Years: 27%
3 Years: 45%
1 Year: 47%
Return on Equity
10 Years: 1%
5 Years: 2%
3 Years: 7%
Last Year: 17%

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
Equity Capital 0.26 17.28 17.28 17.28 17.28 17.28 17.28 17.28 17.28 17.28 17.28 17.28
Reserves 4.77 8.26 8.29 8.29 8.33 -5.55 -7.29 -7.35 -12.57 -12.55 -12.39 -11.46
0.00 0.00 0.00 0.00 0.00 0.00 0.35 0.35 0.25 0.25 2.87 3.29
0.32 8.26 2.56 0.92 0.92 0.91 0.78 0.75 0.59 3.01 39.62 45.07
Total Liabilities 5.35 33.80 28.13 26.49 26.53 12.64 11.12 11.03 5.55 7.99 47.38 54.18
0.00 0.01 0.01 0.03 0.03 0.02 0.02 0.01 0.00 0.00 0.00 4.05
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
Investments 4.71 19.91 24.71 21.93 18.91 5.05 5.02 5.01 0.00 0.00 0.00 0.00
0.64 13.88 3.41 4.53 7.59 7.57 6.08 6.01 5.55 7.99 47.38 50.13
Total Assets 5.35 33.80 28.13 26.49 26.53 12.64 11.12 11.03 5.55 7.99 47.38 54.18

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
0.44 2.37 -2.36 -3.59 -0.11 2.18 2.27 -5.48 -0.02 14.02 3.42
-0.41 -4.78 2.74 3.17 0.22 -2.27 -2.52 5.57 0.00 -15.78 -4.05
0.00 -0.01 0.00 0.00 0.00 0.10 0.10 -0.09 0.00 2.62 0.42
Net Cash Flow 0.03 -2.42 0.38 -0.42 0.11 0.01 -0.15 0.00 -0.02 0.86 -0.21

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 56.80 77.24 102.59 157.93 252.14 677.86 882.08 15,147.50 668.58 282.27 243.42
Inventory Days 0.00 31.29 187.18 161.17 124.10 150.29 0.00 0.00 0.00 0.00
Days Payable 0.00 0.00 0.00 29.20 161.03
Cash Conversion Cycle 56.80 77.24 133.88 345.11 413.31 772.76 871.35 15,147.50 668.58 282.27 243.42
Working Capital Days 30.50 27.92 118.38 521.18 1,544.05 2,965.62 2,235.62 11,315.00 161.44 -141.41 -132.66
ROCE % 1.00% 1.83% 0.20% 0.04% 0.23% 0.11% 0.18% -0.58% -3.67% 0.40% 3.61% 14.82%

Shareholding Pattern

Numbers in percentages

Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
1.93% 1.93% 1.93% 1.93% 1.93% 1.93% 1.93% 1.93% 1.93% 1.93% 1.93% 1.93%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.01% 0.01% 0.01% 0.01%
98.07% 98.07% 98.07% 98.07% 98.07% 98.07% 98.07% 98.06% 98.07% 98.05% 98.05% 98.05%
No. of Shareholders 4,7894,8114,9605,9798,0318,1328,1327,9407,8607,7867,7867,786

* 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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