Bhanderi Infracon Ltd
Bhanderi Infracon .is engaged in the business of real estate/ real estate development and incidental services.
- Market Cap ₹ 23.8 Cr.
- Current Price ₹ 91.8
- High / Low ₹ 134 / 91.8
- Stock P/E 39.1
- Book Value ₹ 96.6
- Dividend Yield 0.00 %
- ROCE 2.04 %
- ROE 2.49 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.95 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -11.6% over past five years.
- Company has a low return on equity of 2.07% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.0.38 Cr.
- Company has high debtors of 668 days.
- Working capital days have increased from 2,898 days to 4,208 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: Realty Industry: Construction
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
16.88 | 15.44 | 7.68 | 6.17 | 4.84 | 6.44 | 6.28 | 4.15 | |
16.11 | 14.41 | 7.18 | 5.92 | 4.60 | 6.25 | 6.71 | 3.42 | |
Operating Profit | 0.77 | 1.03 | 0.50 | 0.25 | 0.24 | 0.19 | -0.43 | 0.73 |
OPM % | 4.56% | 6.67% | 6.51% | 4.05% | 4.96% | 2.95% | -6.85% | 17.59% |
0.00 | 0.07 | 0.04 | 0.10 | 0.19 | 0.26 | 1.35 | 0.38 | |
Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.05 | 0.07 | 0.09 |
Profit before tax | 0.76 | 1.09 | 0.53 | 0.34 | 0.41 | 0.40 | 0.85 | 1.02 |
Tax % | 28.95% | 23.85% | 22.64% | 32.35% | 26.83% | 12.50% | 17.65% | 18.63% |
0.53 | 0.82 | 0.41 | 0.23 | 0.30 | 0.35 | 0.70 | 0.82 | |
EPS in Rs | 2.61 | 3.12 | 1.62 | 0.85 | 1.04 | 1.23 | 2.20 | 2.35 |
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: | -12% |
3 Years: | -5% |
TTM: | -34% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 31% |
TTM: | 7% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | 2% |
Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 2.03 | 2.60 | 2.60 | 2.60 | 2.60 | 2.60 | 2.60 | 2.60 |
Reserves | 11.33 | 20.07 | 20.49 | 20.71 | 20.98 | 21.30 | 21.86 | 22.49 |
8.84 | 16.31 | 8.30 | 8.26 | 9.24 | 10.30 | 22.30 | 20.61 | |
6.05 | 8.63 | 7.36 | 8.89 | 7.33 | 8.32 | 12.56 | 16.02 | |
Total Liabilities | 28.25 | 47.61 | 38.75 | 40.46 | 40.15 | 42.52 | 59.32 | 61.72 |
0.01 | 0.02 | 0.02 | 0.01 | 0.03 | 0.31 | 0.27 | 0.42 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 3.33 | 12.82 | 3.02 | 3.01 | 3.01 | 3.72 | 0.66 | 0.18 |
24.91 | 34.77 | 35.71 | 37.44 | 37.11 | 38.49 | 58.39 | 61.12 | |
Total Assets | 28.25 | 47.61 | 38.75 | 40.46 | 40.15 | 42.52 | 59.32 | 61.72 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
0.28 | -3.93 | 0.04 | 0.72 | -0.18 | -0.39 | 3.34 | 4.75 | |
-2.10 | -8.73 | 9.06 | -0.05 | -0.03 | -0.96 | -0.06 | 0.42 | |
2.28 | 12.36 | -8.29 | -0.68 | 1.20 | -0.48 | -2.31 | -5.37 | |
Net Cash Flow | 0.46 | -0.30 | 0.81 | 0.00 | 0.99 | -1.83 | 0.97 | -0.21 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 68.33 | 114.42 | 238.11 | 375.65 | 426.08 | 492.52 | 441.72 | |
Inventory Days | 27,833.86 | 3,516.22 | 4,408.08 | |||||
Days Payable | 4,818.00 | 580.22 | 119.97 | |||||
Cash Conversion Cycle | 68.33 | 114.42 | 238.11 | 375.65 | 23,441.94 | 3,428.52 | 4,729.83 | |
Working Capital Days | 448.47 | 630.71 | 1,299.36 | 1,630.37 | 2,098.00 | 1,703.71 | 2,781.09 | |
ROCE % | 3.51% | 1.49% | 1.08% | 1.27% | 1.19% | 2.01% |
Documents
Announcements
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 18 Jul
- Compliance-57 (5) : intimation after the end of quarter 11 Jul
- Non-Applicability Of Regulation 23(9) Of SEBI (LODR) 2015 - Related Party Transaction 30 May
- Result For Half Year And Year Ended 31St March 2024 - 30 May
- Board Meeting Outcome for Board Meeting Outcome - Audited Result For The Half Year And Year Ended 31St March 2024 30 May
About[1]
Bhanderi Infracon Limited, a Real Estate Development Company, was incorporated in 2004. It was promoted by Mr. Dhirubhai Patel and Mr. Sunil Patel who are established real estate developers. Company is engaged in the business of development of infrastructure and commercial projects. Company has taken work contracts of Residential and Commercial Scheme called “Siddheshwar Hill Square”, “Siddheshwar Happiness” and “Dharnidhar Homes”.[2]