Bondada Engineering Ltd
Incorporated in 2012, Bondada Engineering Limited provides engineering, procurement, and construction (EPC) services and operations and maintenance (O&M) services to companies operating in the telecom and solar energy industry.[1]
- Market Cap ₹ 4,907 Cr.
- Current Price ₹ 446
- High / Low ₹ 754 / 330
- Stock P/E 47.6
- Book Value ₹ 35.0
- Dividend Yield 0.01 %
- ROCE 42.4 %
- ROE 38.0 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 58.8% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.9%
Cons
- Stock is trading at 12.6 times its book value
* 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
Telecommunication Telecommunication Telecom - Services Telecom - Infrastructure
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 224 | 229 | 287 | 300 | 331 | 741 | 1,408 | |
| 205 | 211 | 273 | 280 | 306 | 682 | 1,255 | |
| Operating Profit | 19 | 18 | 14 | 20 | 24 | 59 | 153 |
| OPM % | 9% | 8% | 5% | 7% | 7% | 8% | 11% |
| 0 | 0 | 6 | 0 | 2 | 4 | 12 | |
| Interest | 2 | 2 | 4 | 3 | 6 | 9 | 24 |
| Depreciation | 2 | 2 | 2 | 1 | 1 | 0 | 2 |
| Profit before tax | 16 | 14 | 14 | 16 | 20 | 54 | 139 |
| Tax % | 29% | 27% | 17% | 27% | 24% | 25% | 26% |
| 11 | 10 | 12 | 12 | 15 | 41 | 103 | |
| EPS in Rs | 27.78 | 24.98 | 29.27 | 28.22 | 1.94 | 3.76 | 9.37 |
| Dividend Payout % | -0% | -0% | -0% | 1% | 1% | 1% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 44% |
| 3 Years: | 67% |
| TTM: | 90% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 59% |
| 3 Years: | 107% |
| TTM: | 154% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -16% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | 35% |
| Last Year: | 38% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.82 | 0.82 | 0.82 | 0.82 | 16 | 22 | 22 |
| Reserves | 28 | 38 | 48 | 58 | 61 | 135 | 363 |
| 26 | 40 | 47 | 37 | 81 | 61 | 165 | |
| 52 | 61 | 74 | 55 | 72 | 256 | 458 | |
| Total Liabilities | 107 | 140 | 169 | 150 | 230 | 474 | 1,008 |
| 14 | 13 | 5 | 5 | 8 | 30 | 55 | |
| CWIP | -0 | -0 | -0 | 0 | -0 | 2 | 1 |
| Investments | 0 | 0 | 0 | 10 | 8 | 9 | 44 |
| 93 | 127 | 164 | 135 | 214 | 432 | 908 | |
| Total Assets | 107 | 140 | 169 | 150 | 230 | 474 | 1,008 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 4 | -17 | -3 | 21 | -30 | 45 | -127 | |
| -5 | -1 | 4 | -11 | -11 | -59 | -50 | |
| 6 | 12 | 3 | -13 | 42 | 13 | 166 | |
| Net Cash Flow | 5 | -6 | 4 | -3 | 1 | -1 | -10 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 74 | 125 | 102 | 91 | 132 | 93 | 129 |
| Inventory Days | 133 | 166 | 213 | 97 | 110 | 94 | 71 |
| Days Payable | 140 | 138 | 142 | 63 | 90 | 115 | 96 |
| Cash Conversion Cycle | 67 | 153 | 173 | 125 | 151 | 72 | 104 |
| Working Capital Days | 53 | 104 | 106 | 88 | 139 | 53 | 95 |
| ROCE % | 24% | 14% | 20% | 20% | 34% | 42% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Acquisition
25 Jun - Bondada Engineering incorporates renewable energy subsidiary GreenBond RE Park Pvt Ltd with Rs.10mn capital, holding 51% shares.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
24 Jun - Bondada secures Rs.836 Cr order for 400 MWh battery storage in Tamil Nadu under BOO model.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
23 Jun - Bondada subsidiary wins Rs. 2.71 Cr Microsoft India data center operations order starting July 2025.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 12 Jun
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Intimation Of Receipt Of Listing And Trading Approval For The Shares Issued Pursuant To Esops.
3 Jun - Received listing and trading approval for ESOP shares on June 3, 2025.
Annual reports
Concalls
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May 2025Transcript PPT
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Mar 2025TranscriptNotesPPT
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Nov 2024TranscriptNotesPPT
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Aug 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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Jan 2024TranscriptPPT
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Nov 2023TranscriptNotesPPT
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Oct 2023TranscriptNotesPPT
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