Madhav Infra Projects Ltd
Incorporated in 2010, Madhav Infra
Projects Ltd is in the business of
Infrastructure Development and
Solar Power generation[1]
- Market Cap ₹ 286 Cr.
- Current Price ₹ 10.6
- High / Low ₹ 15.0 / 3.55
- Stock P/E 12.3
- Book Value ₹ 6.88
- Dividend Yield 0.00 %
- ROCE 13.2 %
- ROE 12.8 %
- Face Value ₹ 1.00
Pros
- Company's working capital requirements have reduced from 149 days to 99.8 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 3.30% over last 3 years.
- Contingent liabilities of Rs.232 Cr.
- Promoter holding has decreased over last 3 years: -3.67%
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
272 | 258 | 399 | 385 | 326 | 204 | 274 | 460 | 513 | 514 | |
241 | 178 | 279 | 280 | 254 | 158 | 239 | 409 | 455 | 441 | |
Operating Profit | 31 | 80 | 120 | 106 | 72 | 45 | 35 | 51 | 58 | 73 |
OPM % | 11% | 31% | 30% | 27% | 22% | 22% | 13% | 11% | 11% | 14% |
3 | 2 | 4 | 14 | 3 | 29 | 3 | 3 | 29 | 5 | |
Interest | 10 | 40 | 54 | 59 | 39 | 34 | 32 | 28 | 25 | 25 |
Depreciation | 11 | 29 | 55 | 52 | 30 | 24 | 21 | 16 | 13 | 16 |
Profit before tax | 13 | 15 | 14 | 8 | 6 | 16 | -15 | 9 | 48 | 37 |
Tax % | 31% | 33% | 23% | -1% | 20% | 74% | 20% | 29% | 24% | |
9 | 10 | 11 | 8 | 5 | 3 | -13 | 6 | 36 | 26 | |
EPS in Rs | 0.38 | 0.42 | 0.30 | 0.20 | 0.15 | -0.49 | 0.24 | 1.26 | 0.89 | |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | 36% |
TTM: | -1% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 16% |
3 Years: | 66% |
TTM: | -13% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 30% |
1 Year: | 181% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | 3% |
Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 26 | 26 | 27 | 27 |
Reserves | 49 | 59 | 73 | 68 | 70 | 84 | 53 | 58 | 140 | 158 |
Preference Capital | 0 | 35 | 45 | 51 | 51 | 51 | 51 | 38 | 8 | |
150 | 381 | 434 | 470 | 293 | 284 | 252 | 217 | 200 | 180 | |
151 | 111 | 171 | 196 | 199 | 121 | 176 | 191 | 207 | 152 | |
Total Liabilities | 356 | 557 | 684 | 740 | 568 | 495 | 506 | 492 | 574 | 518 |
69 | 393 | 399 | 385 | 208 | 175 | 185 | 96 | 132 | 129 | |
CWIP | 0 | 0 | 3 | 25 | 0 | 0 | 0 | 0 | 7 | 8 |
Investments | 98 | 24 | 30 | 31 | 31 | 38 | 32 | 30 | 31 | 23 |
189 | 140 | 252 | 300 | 329 | 282 | 290 | 366 | 404 | 358 | |
Total Assets | 356 | 557 | 684 | 740 | 568 | 495 | 506 | 492 | 574 | 518 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|
4 | 102 | 79 | 101 | 29 | 2 | 100 | -8 | 73 | |
-31 | -277 | -79 | -66 | 155 | 1 | -42 | 66 | -18 | |
35 | 186 | -2 | -21 | -212 | -20 | -73 | -64 | -33 | |
Net Cash Flow | 8 | 11 | -2 | 13 | -27 | -18 | -14 | -6 | 22 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 9 | 70 | 53 | 65 | 123 | 149 | 113 | 90 | 117 |
Inventory Days | 102 | 17 | 190 | 200 | 218 | 339 | 273 | 222 | 167 |
Days Payable | 183 | 94 | 295 | 228 | 204 | 211 | 187 | 202 | 279 |
Cash Conversion Cycle | -71 | -6 | -51 | 37 | 138 | 277 | 199 | 109 | 5 |
Working Capital Days | 10 | -26 | 19 | 23 | 106 | 275 | 195 | 152 | 100 |
ROCE % | 15% | 13% | 11% | 9% | 12% | 4% | 10% | 13% |
Documents
Announcements
- Closure of Trading Window 6m
-
Announcement under Regulation 30 (LODR)-Change in Management
22 Mar - Appointment/Reappointment of Directors have been approved by the shareholders of the company through Postal ballot: 1. Re-appointed Mr. Amit Khurana (DIN:00003626) as Managing director of …
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 22 Mar
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 22 Mar
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 7 Mar
Business Overview:[1][2]
MIPL is part of Vadodara-based Madhav group and is the EPC arm of the group. Company operates in fields of Energy, Real Estate, Highways and Urban Infrastructure. It undertakes large-scale self-financed BOT projects like road and water supply, industrial projects for core sectors or lump sum turnkey projects for utilities and urban infrastructure like bus stands, solar, PV and small hydro power projects