Veer Global Infraconstruction Ltd

Veer Global Infraconstruction Ltd

₹ 163 0.62%
13 Dec - close price
About

Incorporated in 2012, Veer Global Infra Construction Ltd does construction of commercial and residential buildings[1]

Key Points

Business Overview:[1]
VGIL is in construction business and operates in multiple segments like residential projects, business and retail properties, integrated townships and commercials Plaza

  • Market Cap 265 Cr.
  • Current Price 163
  • High / Low 273 / 120
  • Stock P/E 95.6
  • Book Value 21.3
  • Dividend Yield 0.00 %
  • ROCE 5.62 %
  • ROE 4.58 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 7.65 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 8.86% over past five years.
  • Company has a low return on equity of 3.42% over last 3 years.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.1.34 Cr.
  • Company has high debtors of 515 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: Construction Industry: Construction

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
3.41 1.49 11.36 3.07 4.69 2.92 8.46 9.26 5.93 5.09
4.72 1.45 11.11 2.79 4.42 2.59 7.78 8.67 4.80 3.94
Operating Profit -1.31 0.04 0.25 0.28 0.27 0.33 0.68 0.59 1.13 1.15
OPM % -38.42% 2.68% 2.20% 9.12% 5.76% 11.30% 8.04% 6.37% 19.06% 22.59%
0.00 0.00 0.06 0.04 0.02 0.05 0.02 0.01 0.38 0.96
Interest 0.00 0.00 0.02 0.02 0.07 0.05 0.00 0.02 0.18 0.22
Depreciation 0.00 0.00 0.00 0.00 0.00 0.01 0.02 0.02 0.03 0.02
Profit before tax -1.31 0.04 0.29 0.30 0.22 0.32 0.68 0.56 1.30 1.87
Tax % 0.00% 0.00% 37.93% 23.33% 22.73% 28.12% 27.94% 26.79% 19.23% 8.02%
-1.32 0.04 0.18 0.22 0.17 0.23 0.49 0.42 1.05 1.72
EPS in Rs -1.43 0.03 0.11 0.14 0.10 0.14 0.30 0.26 0.65 1.06
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
0.22 2.33 2.11 3.20 3.16 2.33 10.08 8.55 12.94 7.76 11.38 15.41 11.02
0.21 2.24 1.99 3.11 3.00 2.21 9.86 8.31 12.60 7.21 10.37 13.69 8.74
Operating Profit 0.01 0.09 0.12 0.09 0.16 0.12 0.22 0.24 0.34 0.55 1.01 1.72 2.28
OPM % 4.55% 3.86% 5.69% 2.81% 5.06% 5.15% 2.18% 2.81% 2.63% 7.09% 8.88% 11.16% 20.69%
0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.07 0.06 0.06 0.06 0.39 1.34
Interest 0.00 0.00 0.04 0.01 0.01 0.04 0.04 0.05 0.02 0.09 0.07 0.20 0.40
Depreciation 0.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.04 0.05
Profit before tax -0.03 0.09 0.08 0.08 0.15 0.09 0.18 0.26 0.38 0.52 0.97 1.87 3.17
Tax % 0.00% 0.00% 62.50% 37.50% 33.33% 44.44% 27.78% 30.77% 28.95% 25.00% 26.80% 21.39%
-0.04 0.09 0.03 0.05 0.10 0.05 0.13 0.18 0.27 0.39 0.72 1.46 2.77
EPS in Rs -2.00 4.50 1.50 0.28 0.27 0.14 0.27 0.20 0.17 0.24 0.44 0.90 1.71
Dividend Payout % 0.00% 0.00% 33.33% 140.00% 74.50% 149.00% 75.00% 0.00% 24.07% 37.49% 0.00% 0.00%
Compounded Sales Growth
10 Years: 21%
5 Years: 9%
3 Years: 6%
TTM: -38%
Compounded Profit Growth
10 Years: 32%
5 Years: 62%
3 Years: 76%
TTM: 208%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 58%
1 Year: 28%
Return on Equity
10 Years: 3%
5 Years: 3%
3 Years: 3%
Last Year: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.10 0.10 0.10 0.70 1.49 1.49 1.95 4.74 6.50 7.31 8.12 16.24 16.24
Reserves 0.81 0.04 0.07 1.08 1.67 3.01 3.89 5.68 8.62 12.90 23.02 16.36 18.39
0.03 0.00 0.03 0.02 0.46 0.94 1.25 0.17 0.27 0.19 0.36 9.59 14.02
1.74 5.40 9.34 8.30 10.72 14.78 22.20 22.32 19.63 27.22 22.14 31.48 32.94
Total Liabilities 2.68 5.54 9.54 10.10 14.34 20.22 29.29 32.91 35.02 47.62 53.64 73.67 81.59
0.40 0.04 0.02 0.00 0.00 0.00 0.00 0.01 0.01 0.01 0.40 0.36 0.35
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 0.12
Investments 0.00 0.98 0.97 1.05 1.07 0.92 1.04 1.02 1.41 2.91 1.18 2.17 3.27
2.28 4.52 8.55 9.05 13.27 19.30 28.25 31.88 33.60 44.70 52.06 71.14 77.85
Total Assets 2.68 5.54 9.54 10.10 14.34 20.22 29.29 32.91 35.02 47.62 53.64 73.67 81.59

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.00 0.00 0.00 0.00 0.00 -1.58 -0.98 -3.75 -5.85 -3.18 -0.03 -8.25
0.00 0.00 0.00 0.00 0.00 0.19 -0.12 0.01 0.00 0.50 -7.60 -0.99
0.00 0.00 0.00 0.00 0.00 1.38 1.60 3.26 5.89 3.31 10.33 9.04
Net Cash Flow 0.00 0.00 0.00 0.00 0.00 0.00 0.51 -0.49 0.04 0.62 2.70 -0.20

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 99.55 86.16 212.77 200.75 314.18 900.75 417.87 422.20 379.67 878.16 501.31 515.17
Inventory Days 298.64 2,687.25 835.85 1,376.75 1,814.75 419.19 317.11 2,683.49 1,289.16
Days Payable 0.00 444.35 324.85 505.88 824.33 247.33 140.11 1,318.47 894.06
Cash Conversion Cycle 99.55 384.80 2,455.67 711.75 1,185.05 1,891.17 589.72 422.20 556.67 878.16 1,866.34 910.27
Working Capital Days 713.41 -145.69 -140.12 82.12 288.77 770.73 216.90 429.04 332.28 783.62 843.86 863.35
ROCE % -5.71% 16.67% 70.59% 9.00% 5.90% 2.87% 3.51% 3.51% 3.08% 3.41% 4.01% 5.62%

Shareholding Pattern

Numbers in percentages

2 Recently
Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024
65.71% 66.08% 70.26% 70.05% 70.51% 72.35% 72.41% 72.53%
34.29% 33.92% 29.74% 29.95% 29.49% 27.66% 27.58% 27.48%
No. of Shareholders 156153242251285320334336

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