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 ₹ 3,345 Cr.
- Current Price ₹ 300
- High / Low ₹ 503 / 215
- Stock P/E 17.4
- Book Value ₹ 54.6
- Dividend Yield 0.10 %
- ROCE 42.1 %
- ROE 37.1 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 82.9% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 36.0%
- Company's working capital requirements have reduced from 34.5 days to 21.8 days
Cons
* 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
Quarterly 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 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 224 | 229 | 287 | 300 | 331 | 741 | 1,407 | 2,635 | 2,752 | |
| 205 | 211 | 273 | 280 | 306 | 682 | 1,255 | 2,345 | 2,461 | |
| Operating Profit | 19 | 18 | 14 | 20 | 24 | 59 | 152 | 290 | 291 |
| OPM % | 9% | 8% | 4.8% | 7% | 7% | 8% | 11% | 11% | 11% |
| 0 | 0 | 6 | 0 | 2 | 4 | 13 | 11 | 14 | |
| Interest | 2 | 2 | 4 | 3 | 6 | 9 | 24 | 46 | 38 |
| Depreciation | 2 | 2 | 2 | 1 | 1 | 0 | 4 | 5 | 5 |
| Profit before tax | 16 | 14 | 14 | 16 | 20 | 54 | 137 | 249 | 261 |
| Tax % | 29% | 27% | 17% | 27% | 24% | 25% | 26% | 26% | |
| 11 | 10 | 12 | 12 | 15 | 41 | 101 | 184 | 193 | |
| EPS in Rs | 27.78 | 24.98 | 29.27 | 28.22 | 1.94 | 3.76 | 9.20 | 16.51 | 17.24 |
| Dividend Payout % | 0% | 0% | 0% | 1% | 1% | 1% | 1% | 2% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 56% |
| 3 Years: | 100% |
| TTM: | 87% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 83% |
| 3 Years: | 129% |
| TTM: | 97% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -31% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 34% |
| 3 Years: | 36% |
| Last Year: | 37% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.82 | 0.82 | 0.82 | 0.82 | 16 | 22 | 22 | 22 |
| Reserves | 28 | 38 | 48 | 58 | 61 | 135 | 362 | 586 |
| 26 | 40 | 47 | 37 | 81 | 71 | 169 | 240 | |
| 52 | 61 | 74 | 55 | 72 | 246 | 454 | 976 | |
| Total Liabilities | 107 | 140 | 169 | 150 | 230 | 474 | 1,006 | 1,825 |
| 14 | 13 | 5 | 5 | 8 | 30 | 58 | 82 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 8 |
| Investments | 0 | 0 | 0 | 10 | 8 | 9 | 45 | 44 |
| 93 | 127 | 164 | 135 | 214 | 432 | 902 | 1,691 | |
| Total Assets | 107 | 140 | 169 | 150 | 230 | 474 | 1,006 | 1,825 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 4 | -17 | -3 | 21 | -30 | 35 | -122 | 125 | |
| -5 | -1 | 4 | -11 | -11 | -59 | -51 | -21 | |
| 6 | 12 | 3 | -13 | 42 | 33 | 162 | 28 | |
| Net Cash Flow | 5 | -6 | 4 | -3 | 1 | 10 | -10 | 132 |
| Free Cash Flow | -1 | -19 | 4 | 19 | -33 | 10 | -141 | 116 |
| CFO/OP | 20% | -95% | -19% | 105% | -106% | 75% | -57% | 50% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 74 | 125 | 102 | 91 | 132 | 93 | 128 | 105 |
| Inventory Days | 133 | 166 | 213 | 97 | 110 | 94 | 71 | 116 |
| Days Payable | 140 | 138 | 142 | 63 | 90 | 107 | 96 | 99 |
| Cash Conversion Cycle | 67 | 153 | 173 | 125 | 151 | 80 | 104 | 122 |
| Working Capital Days | 29 | 48 | 54 | 45 | 52 | 31 | 51 | 22 |
| ROCE % | 24% | 14% | 20% | 20% | 33% | 40% | 42% |
Insights
In beta| Mar 2023 | Jul 2024 | Mar 2026 | |
|---|---|---|---|
| Cumulative Solar EPC Capacity Commissioned MWp |
|
||
| Total Order Book INR Mn |
|||
| BSNL Telecom Towers Installed Nos. |
|||
| Solar Energy Revenue Share % |
|||
| BESS Under Execution MWh |
|||
| Solar Projects Under Execution MWp |
|||
Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
- Subsidiaries won BESS orders for 200 MW/400 MWh and 100 BSNL towers worth ₹513.94 crore.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
- Received multiple defence supply orders worth ₹2.10 crore, to be executed within 6 months.
-
Outcome Of The Board Meeting Held On 5Th August 2026
- Board approved Q1 FY2026-27 unaudited standalone and consolidated results on 5 August 2026.
-
Board Meeting Outcome for Outcome Of The Board Meeting Held On 5Th August 2026.
- Board approved standalone and consolidated Q1 FY2026-27 unaudited results on 5 August 2026.
-
Record Date For The Determining The Eligibility Of Shareholders For The Dividend Payment.
- Record date fixed for August 14, 2026 dividend of ₹0.28 per share, subject to AGM approval.
Annual reports
Concalls
-
May 2026Transcript PPT REC
-
Mar 2026TranscriptAI SummaryPPT
-
Jan 2026TranscriptAI SummaryPPT
-
Nov 2025Transcript PPT REC
-
Oct 2025TranscriptAI SummaryPPT
-
May 2025Transcript PPT
-
Mar 2025TranscriptAI SummaryPPT
-
Nov 2024TranscriptAI SummaryPPT
-
Aug 2024TranscriptAI SummaryPPT
-
May 2024TranscriptAI SummaryPPT
-
Jan 2024TranscriptPPT
-
Nov 2023TranscriptAI SummaryPPT
-
Oct 2023TranscriptAI SummaryPPT
Business Segments[1][2]
a) Renewable Energy(~79% of FY26 Revenue): Provides solar IPP and EPC services including site development, installation, electrical works, maintenance and performance monitoring.