Athena Constructions Ltd

Athena Constructions Ltd

₹ 7.67 -4.96%
28 May - close price
About

Athena Constructions the main objects of carrying on the business of real estate project advisory, project marketing, maintenance of completed projects, engineering, industrial and technical consultancy, construction and development of real estate properties and other related and ancillary activities.

  • Market Cap 5.75 Cr.
  • Current Price 7.67
  • High / Low 22.7 / 7.67
  • Stock P/E
  • Book Value 10.1
  • Dividend Yield 0.00 %
  • ROCE 2.66 %
  • ROE 0.27 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.76 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Promoter holding is low: 37.9%
  • Company has a low return on equity of 0.88% over last 3 years.

* 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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Half Yearly Results

Figures in Rs. Crores

Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023
0.00 0.00 0.00 0.00 0.91 0.18 0.40 0.15 0.75
0.02 0.05 0.01 0.04 0.06 0.05 0.03 0.05 0.28
Operating Profit -0.02 -0.05 -0.01 -0.04 0.85 0.13 0.37 0.10 0.47
OPM % 93.41% 72.22% 92.50% 66.67% 62.67%
0.00 0.05 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.16 0.13 0.15 0.14 0.14 0.34 0.21 0.28 0.29
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -0.18 -0.13 -0.16 -0.18 0.71 -0.21 0.16 -0.18 0.18
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-0.18 -0.13 -0.16 -0.18 0.71 -0.21 0.16 -0.18 0.18
EPS in Rs -0.24 -0.17 -0.21 -0.24 0.95 -0.28 0.21 -0.24 0.24
Raw PDF
Upcoming result date: 31 May 2024

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
0.04 1.97 1.19 0.62 0.00 0.47 0.71 0.32 0.00 0.00 1.09 0.54 0.90
0.11 1.60 1.73 0.44 0.25 0.28 0.33 0.15 0.07 0.04 0.11 0.11 0.33
Operating Profit -0.07 0.37 -0.54 0.18 -0.25 0.19 0.38 0.17 -0.07 -0.04 0.98 0.43 0.57
OPM % -175.00% 18.78% -45.38% 29.03% 40.43% 53.52% 53.12% 89.91% 79.63% 63.33%
0.09 0.10 0.86 0.10 0.53 0.10 0.00 0.02 0.05 0.00 0.00 0.01 0.00
Interest 0.00 0.00 0.00 0.25 0.24 0.24 0.32 0.32 0.28 0.29 0.48 0.42 0.57
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 0.02 0.47 0.32 0.03 0.04 0.05 0.06 -0.13 -0.30 -0.33 0.50 0.02 0.00
Tax % 50.00% 29.79% 31.25% 33.33% 25.00% 80.00% 33.33% 0.00% 0.00% 0.00% 0.00% 0.00%
0.01 0.32 0.22 0.02 0.02 0.02 0.05 -0.13 -0.30 -0.33 0.50 0.02 0.00
EPS in Rs 10.00 320.00 220.00 0.04 0.03 0.03 0.07 -0.17 -0.40 -0.44 0.67 0.03 0.00
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: -12%
5 Years: -5%
3 Years: %
TTM: 55%
Compounded Profit Growth
10 Years: -24%
5 Years: -17%
3 Years: 27%
TTM: 100%
Stock Price CAGR
10 Years: %
5 Years: -14%
3 Years: 5%
1 Year: -42%
Return on Equity
10 Years: 0%
5 Years: -1%
3 Years: 1%
Last Year: 0%

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 0.01 0.01 0.01 5.00 7.50 7.50 7.50 7.50 7.50 7.50 7.50 7.50 7.50
Reserves 5.84 3.52 4.18 2.41 0.10 0.12 0.16 0.03 -0.27 -0.60 -0.10 -0.08 0.10
1.00 3.14 2.15 3.96 2.55 3.13 3.54 3.47 3.38 4.56 9.43 8.82 9.80
8.72 9.66 12.00 8.77 8.51 6.96 5.31 5.42 5.75 4.90 4.71 4.24 5.36
Total Liabilities 15.57 16.33 18.34 20.14 18.66 17.71 16.51 16.42 16.36 16.36 21.54 20.48 22.76
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
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 4.27 4.40 4.40 14.28 6.25 5.30 4.45 4.45 4.45 4.45 11.75 15.48 15.48
11.30 11.93 13.94 5.86 12.41 12.41 12.06 11.97 11.91 11.91 9.79 5.00 7.28
Total Assets 15.57 16.33 18.34 20.14 18.66 17.71 16.51 16.42 16.36 16.36 21.54 20.48 22.76

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
0.72 1.19 5.87 0.33 -1.43 -1.44 0.06 0.38 -1.36 2.60 4.31
-0.14 -0.31 -0.13 1.41 1.08 1.35 0.33 0.00 0.00 -6.96 -3.30
-0.51 -0.56 -3.80 -4.08 0.34 0.10 -0.38 -0.38 -0.03 4.39 -1.03
Net Cash Flow 0.07 0.32 1.95 -2.33 -0.01 0.01 0.00 0.00 -1.40 0.03 -0.02

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 0.00 0.00 0.00 270.81 349.47 231.34 787.03 110.50 6.76
Inventory Days 456.25
Days Payable 1,000.24
Cash Conversion Cycle 0.00 0.00 -543.99 270.81 349.47 231.34 787.03 110.50 6.76
Working Capital Days 23,451.25 403.91 469.29 -3,867.82 1,599.79 1,989.51 4,562.50 951.01 -702.96
ROCE % 6.95% 4.92% 3.16% 1.77% 2.78% 3.46% 1.71% -0.19% -0.36% 6.93% 2.66%

Shareholding Pattern

Numbers in percentages

Mar 2019Jun 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024
37.65% 37.65% 37.65% 37.65% 37.65% 37.65% 37.65% 37.65% 37.65% 37.65% 37.92% 37.92%
62.35% 62.35% 62.35% 62.35% 62.35% 62.35% 62.35% 62.35% 62.34% 62.34% 62.08% 62.07%
No. of Shareholders 276273272273270274281269266266268274

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