Ladam Affordable Housing Ltd
Incorporated in 1979, Ladam Affordable
Housing Ltd is in the business of construction
of mass housing projects under affordable
housing project scheme [1]
- Market Cap ₹ 12.8 Cr.
- Current Price ₹ 6.99
- High / Low ₹ 10.3 / 4.30
- Stock P/E
- Book Value ₹ 16.2
- Dividend Yield 0.00 %
- ROCE -0.37 %
- ROE -0.64 %
- Face Value ₹ 5.00
Pros
- Stock is trading at 0.43 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -17.4% over past five years.
- Company has a low return on equity of -0.09% over last 3 years.
- Company might be capitalizing the interest cost
- Working capital days have increased from 1,773 days to 3,663 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|
0.85 | 3.91 | 26.98 | 10.69 | 2.19 | 0.54 | 75.83 | 3.81 | 4.94 | 0.84 | 0.92 | |
0.36 | 1.89 | 23.44 | 9.71 | 2.00 | 0.68 | 73.93 | 3.90 | 4.48 | 1.31 | 1.51 | |
Operating Profit | 0.49 | 2.02 | 3.54 | 0.98 | 0.19 | -0.14 | 1.90 | -0.09 | 0.46 | -0.47 | -0.59 |
OPM % | 57.65% | 51.66% | 13.12% | 9.17% | 8.68% | -25.93% | 2.51% | -2.36% | 9.31% | -55.95% | -64.13% |
0.65 | 0.29 | 0.54 | 0.44 | 0.49 | 0.43 | 0.57 | 0.39 | 0.62 | 0.35 | 0.43 | |
Interest | 0.00 | 0.31 | 0.33 | 0.17 | 0.29 | 0.36 | 0.42 | 0.28 | 0.21 | 0.01 | 0.00 |
Depreciation | 0.00 | 0.06 | 0.03 | 0.06 | 0.08 | 0.00 | 0.06 | 0.05 | 0.05 | 0.05 | 0.05 |
Profit before tax | 1.14 | 1.94 | 3.72 | 1.19 | 0.31 | -0.07 | 1.99 | -0.03 | 0.82 | -0.18 | -0.21 |
Tax % | 9.65% | 32.47% | 33.60% | 0.00% | 0.00% | -57.14% | 29.15% | -266.67% | 31.71% | -5.56% | |
1.04 | 1.31 | 2.46 | 1.19 | 0.31 | -0.11 | 1.41 | -0.12 | 0.56 | -0.19 | -0.23 | |
EPS in Rs | 1.14 | 0.78 | 1.34 | 0.65 | 0.17 | -0.06 | 0.37 | -0.10 | 0.13 | -0.11 | -0.12 |
Dividend Payout % | 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: | % |
5 Years: | -17% |
3 Years: | -78% |
TTM: | -76% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -147% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 22% |
3 Years: | 37% |
1 Year: | 55% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 0% |
3 Years: | 0% |
Last Year: | -1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 9.15 | 9.15 | 9.15 | 9.15 | 9.15 | 9.15 | 9.15 | 9.15 | 9.15 | 9.15 | 9.15 |
Reserves | 2.55 | 3.24 | 4.54 | 22.92 | 22.42 | 21.45 | 20.01 | 20.42 | 20.65 | 20.43 | 20.41 |
30.43 | 38.29 | 37.20 | 37.41 | 36.02 | 32.15 | 19.03 | 15.63 | 14.71 | 9.48 | 12.65 | |
15.76 | 23.42 | 15.58 | 28.13 | 39.43 | 54.07 | 8.91 | 8.18 | 8.46 | 7.11 | 7.06 | |
Total Liabilities | 57.89 | 74.10 | 66.47 | 97.61 | 107.02 | 116.82 | 57.10 | 53.38 | 52.97 | 46.17 | 49.27 |
5.22 | 5.24 | 5.20 | 21.45 | 21.36 | 21.30 | 21.24 | 21.19 | 21.14 | 21.08 | 21.09 | |
CWIP | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 |
Investments | 3.26 | 3.38 | 5.73 | 8.27 | 7.97 | 7.20 | 5.15 | 3.50 | 3.55 | 3.60 | 3.68 |
49.21 | 65.28 | 55.34 | 67.69 | 77.49 | 88.12 | 30.51 | 28.49 | 28.08 | 21.29 | 24.30 | |
Total Assets | 57.89 | 74.10 | 66.47 | 97.61 | 107.02 | 116.82 | 57.10 | 53.38 | 52.97 | 46.17 | 49.27 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
1.09 | -10.40 | 3.36 | -0.38 | 4.94 | 5.86 | 19.52 | 0.53 | 2.48 | -0.07 | |
-0.74 | 2.83 | -1.93 | 1.41 | 0.86 | -0.92 | -5.25 | 2.56 | -0.27 | -2.36 | |
0.00 | 8.51 | -1.22 | -0.94 | -5.64 | -4.21 | -13.13 | -3.67 | -1.13 | -5.24 | |
Net Cash Flow | 0.35 | 0.93 | 0.21 | 0.08 | 0.15 | 0.73 | 1.13 | -0.57 | 1.08 | -7.67 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 38.65 | 84.02 | 13.93 | 52.58 | 66.67 | 20.28 | 7.12 | 115.92 | 92.36 | 0.00 |
Inventory Days | 41,028.70 | 9,528.10 | 617.73 | 2,053.53 | 12,416.33 | 59,512.38 | 42.57 | 668.47 | 380.13 | 2,288.49 |
Days Payable | 18,020.19 | 3,553.74 | 124.02 | 183.31 | 1,122.43 | 5,257.74 | 19.52 | 378.56 | 193.18 | 921.19 |
Cash Conversion Cycle | 23,047.17 | 6,058.38 | 507.65 | 1,922.80 | 11,360.57 | 54,274.92 | 30.17 | 405.83 | 279.31 | 1,367.30 |
Working Capital Days | 11,010.12 | 3,505.31 | 491.09 | 1,236.70 | 5,868.33 | 20,257.50 | 54.63 | 1,020.28 | 635.43 | 3,663.04 |
ROCE % | 5.23% | 7.73% | 2.15% | 0.83% | 0.42% | 4.06% | 0.49% | 2.09% | -0.37% |
Documents
Announcements
-
Certificate Under Regulation 40(9) Of SEBI(Listing Obligation And Disclosure Requirement) Regulation,2015
2d - Certificate under Regulation 40(9) of SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015, for the Financial Year ended 31st March 2024
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 19 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 13 Apr
-
Compliance Certificate For Period Ended March 31,2024.
11 Apr - Compliance Certificate under Regulation 7(3)of SEBI of SEBI (LODR) Regulations ,2015 for year ended 31st March ,2024.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Apr - Compliance Certificate under regulation 74(5)of SEBI of (Depositories and Participants) Regulations ,2018 for the quarter ended on 31st March 2024.
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
Business Overview:[1][2]
Company is in the real estate business focusing
on affordable housing. It plans to construct 5000+ affordable homes by utilizing its existing land. At present, the company is working on a residential project at Shahapur to build 600 residences in 1/2/3 BHKs