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 ₹ 3,481 Cr.
- Current Price ₹ 1,612
- High / Low ₹ 1,839 / 142
- Stock P/E 85.7
- Book Value ₹ 72.7
- Dividend Yield 0.00 %
- ROCE 40.0 %
- ROE 52.6 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 29.0% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.0%
- Debtor days have improved from 93.8 to 58.9 days.
- Company's working capital requirements have reduced from 95.7 days to 61.6 days
Cons
- Stock is trading at 22.1 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
Sector: Infrastructure Developers & Operators Industry: Engineering - Turnkey Services
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 | |
|---|---|---|---|---|---|---|
| 224 | 229 | 287 | 300 | 331 | 741 | |
| 205 | 211 | 273 | 280 | 306 | 682 | |
| Operating Profit | 19 | 18 | 14 | 20 | 24 | 59 |
| OPM % | 9% | 8% | 5% | 7% | 7% | 8% |
| 0 | 0 | 6 | 0 | 2 | 4 | |
| Interest | 2 | 2 | 4 | 3 | 6 | 9 |
| Depreciation | 2 | 2 | 2 | 1 | 1 | 0 |
| Profit before tax | 16 | 14 | 14 | 16 | 20 | 54 |
| Tax % | 29% | 27% | 17% | 27% | 24% | 25% |
| 11 | 10 | 12 | 12 | 15 | 41 | |
| EPS in Rs | 138.90 | 124.88 | 146.34 | 141.10 | 9.72 | 18.80 |
| Dividend Payout % | 0% | 0% | 0% | 1% | 1% | 1% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 27% |
| 3 Years: | 37% |
| TTM: | 124% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 29% |
| 3 Years: | 65% |
| TTM: | 163% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 31% |
| 3 Years: | 34% |
| Last Year: | 53% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 1 | 16 | 22 |
| Reserves | 28 | 38 | 48 | 58 | 61 | 135 |
| 26 | 40 | 47 | 37 | 81 | 61 | |
| 52 | 61 | 74 | 55 | 76 | 256 | |
| Total Liabilities | 107 | 140 | 169 | 150 | 234 | 474 |
| 14 | 13 | 5 | 5 | 8 | 30 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 2 |
| Investments | 0 | 0 | 0 | 10 | 8 | 9 |
| 93 | 127 | 164 | 135 | 218 | 432 | |
| Total Assets | 107 | 140 | 169 | 150 | 234 | 474 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 4 | -17 | -3 | 21 | -29 | 45 | |
| -5 | -1 | 4 | -11 | -12 | -59 | |
| 6 | 12 | 3 | -13 | 42 | 13 | |
| Net Cash Flow | 5 | -6 | 4 | -3 | 1 | -1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 74 | 125 | 102 | 91 | 132 | |
| Inventory Days | 133 | 166 | 213 | 97 | 110 | |
| Days Payable | 140 | 138 | 142 | 63 | 90 | |
| Cash Conversion Cycle | 67 | 153 | 173 | 125 | 151 | |
| Working Capital Days | 53 | 104 | 106 | 88 | 138 | |
| ROCE % | 24% | 14% | 20% | 20% |
Documents
Announcements
- Disclosure Under Regulation 30 Of SEBI LODR-Receipt Of Work Oder 1d
- Announcement Under Regulation 30 Of SEBI LODR-Achievement Of ICAT Certificate. 2d
- Corporate Presentation For The Half Year Ended 31.03.2024. 4 May
- Statement Of Related Party Transaction For The Half Year Ended 31.03.2024 3 May
- Statement Deviation For The Financial Year Ended 31.03.2024 2 May
Annual reports
No data available.
Concalls
-
Jan 2024TranscriptPPT
-
Nov 2023TranscriptNotesPPT
-
Oct 2023TranscriptNotesPPT
Business Profile[1] The company provides passive telecom infrastructure services which include cell site construction, erection, operation, and maintenance of telecom towers with civil, electrical, and mechanical works; supply of poles and towers, laying and maintenance of optical fiber cables, supply of power equipment and other telecom infrastructure related services to major telecom companies and telecom tower operators in India.