Wardwizard Innovations & Mobility Ltd

About

Manvijay Development Company is involved in the acquisition, development, construction, and trading of real estate properties and its related infrastructure.

  • Market Cap 1,687 Cr.
  • Current Price 76.9
  • High / Low 98.0 / 23.2
  • Stock P/E 697
  • Book Value 1.22
  • Dividend Yield 0.07 %
  • ROCE 15.0 %
  • ROE 11.3 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Debtor days have improved from 241.54 to 26.83 days.

Cons

  • Stock is trading at 63.11 times its book value
  • Company has a low return on equity of 2.71% for last 3 years.
  • Promoter holding has decreased over last 3 years: -3.03%

Peer comparison

Sector: Realty Industry: Construction

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
0.00 0.00 0.00 0.00 0.00 0.10 0.00 3.52 6.88 10.68 18.25 11.46
0.06 0.09 0.08 0.05 0.04 0.37 0.64 3.28 6.50 10.99 15.50 10.44
Operating Profit -0.06 -0.09 -0.08 -0.05 -0.04 -0.27 -0.64 0.24 0.38 -0.31 2.75 1.02
OPM % -270.00% 6.82% 5.52% -2.90% 15.07% 8.90%
Other Income 0.03 0.03 0.03 0.03 0.00 0.00 0.07 0.00 0.02 1.18 -1.15 0.07
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
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.08 0.12 0.13 0.30 0.38
Profit before tax -0.03 -0.06 -0.05 -0.02 -0.04 -0.27 -0.57 0.16 0.28 0.74 1.30 0.71
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -1.75% 0.00% 0.00% 0.00% 46.92% 0.00%
Net Profit -0.03 -0.06 -0.05 -0.02 -0.04 -0.27 -0.59 0.16 0.28 0.74 0.69 0.71
EPS in Rs -0.00 -0.01 -0.01 -0.00 -0.01 -0.04 -0.08 0.01 0.01 0.03 0.03 0.03

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 TTM
0.00 0.00 0.06 0.05 5.07 1.13 0.19 0.03 0.00 0.00 0.08 39.31 47.27
0.01 0.01 0.03 0.01 4.59 1.10 0.42 0.38 0.22 0.29 1.06 36.25 43.43
Operating Profit -0.01 -0.01 0.03 0.04 0.48 0.03 -0.23 -0.35 -0.22 -0.29 -0.98 3.06 3.84
OPM % 50.00% 80.00% 9.47% 2.65% -121.05% -1,166.67% -1,225.00% 7.78% 8.12%
Other Income 0.00 0.00 0.00 -0.01 0.00 0.00 0.25 0.38 0.24 0.14 0.10 0.05 0.12
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.01 0.02 0.02 0.01 0.01 0.00 0.01 0.63 0.93
Profit before tax -0.01 -0.01 0.03 0.03 0.47 0.01 0.00 0.02 0.01 -0.15 -0.90 2.48 3.03
Tax % 0.00% 0.00% 33.33% 33.33% 31.91% 0.00% 50.00% 0.00% 0.00% -1.11% 24.60%
Net Profit -0.01 -0.01 0.02 0.02 0.33 0.01 0.01 0.01 0.01 -0.16 -0.91 1.87 2.42
EPS in Rs -0.02 -0.02 0.04 0.04 0.69 0.00 0.00 0.00 0.00 -0.02 -0.12 0.09 0.10
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 58.66%
Compounded Sales Growth
10 Years:%
5 Years:191%
3 Years:%
TTM:49038%
Compounded Profit Growth
10 Years:69%
5 Years:185%
3 Years:472%
TTM:427%
Stock Price CAGR
10 Years:%
5 Years:65%
3 Years:%
1 Year:225%
Return on Equity
10 Years:2%
5 Years:2%
3 Years:3%
Last Year:11%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
0.24 0.24 0.24 0.24 0.24 3.24 6.48 6.48 6.48 6.48 7.33 21.94
Reserves 0.00 -0.01 0.01 0.03 0.35 3.36 0.13 0.13 0.14 -0.01 -0.92 4.80
Borrowings 0.03 0.04 0.00 0.01 0.00 0.00 0.00 0.00 0.02 0.00 0.00 0.00
0.00 0.00 0.01 0.03 6.18 0.17 0.03 0.04 0.04 0.04 5.02 11.35
Total Liabilities 0.27 0.27 0.26 0.31 6.77 6.77 6.64 6.65 6.68 6.51 11.43 38.09
0.00 0.00 0.00 0.00 0.05 0.04 0.04 0.03 0.02 0.01 0.42 15.24
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.22
Investments 0.24 0.24 0.00 0.00 0.00 0.00 0.00 0.00 4.00 4.00 4.00 0.00
0.03 0.03 0.26 0.31 6.72 6.73 6.60 6.62 2.66 2.50 7.01 22.63
Total Assets 0.27 0.27 0.26 0.31 6.77 6.77 6.64 6.65 6.68 6.51 11.43 38.09

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
-0.01 0.00 -0.21 -0.01 -5.36 -0.51 -0.02 -0.26 -0.22 -0.25 -5.17 0.04
0.00 0.00 0.25 0.02 -0.05 0.00 -0.02 0.00 -4.00 0.01 -0.42 -11.67
0.01 0.00 -0.04 0.00 6.00 0.00 0.00 0.28 4.18 0.23 6.96 12.52
Net Cash Flow 0.00 0.00 0.00 0.01 0.59 -0.51 -0.04 0.01 -0.04 0.00 1.36 0.89

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Debtor Days 0.00 219.00 118.79 562.04 3,630.79 0.00 456.25 26.83
Inventory Days 0.00 3.38 19.21 0.00 7,446.00 83.94
Days Payable 0.00 0.00 511.00 106.42
Cash Conversion Cycle 0.00 219.00 122.17 581.25 3,630.79 0.00 7,391.25 4.36
Working Capital Days 1,520.83 2,044.00 426.91 2,089.87 12,506.05 365.00 18,888.75 61.84
ROCE % -3.64% -3.70% 11.54% 15.09% 108.05% 0.28% 0.00% 0.30% 0.15% -2.29% -13.82% 14.96%

Shareholding Pattern

Numbers in percentages

Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
69.89 69.89 69.89 69.89 69.89 69.89 73.36 72.66 66.86 66.86 66.86 66.86
30.11 30.11 30.11 30.11 30.11 30.11 26.64 27.34 33.14 33.14 33.14 33.14

Documents