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 ₹ 4,793 Cr.
- Current Price ₹ 436
- High / Low ₹ 754 / 310
- Stock P/E 73.2
- Book Value ₹ 19.7
- Dividend Yield 0.01 %
- ROCE 35.5 %
- ROE 37.2 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 31.6% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.6%
- Company's working capital requirements have reduced from 92.8 days to 59.3 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|
| 224 | 229 | 287 | 334 | 371 | 801 | 986 | |
| 205 | 211 | 271 | 314 | 341 | 732 | 884 | |
| Operating Profit | 19 | 18 | 16 | 20 | 30 | 68 | 102 |
| OPM % | 9% | 8% | 6% | 6% | 8% | 9% | 10% |
| 0 | 0 | 1 | 0 | 0 | 3 | 4 | |
| Interest | 2 | 2 | 4 | 3 | 6 | 9 | 12 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
| Profit before tax | 16 | 14 | 12 | 15 | 23 | 62 | 94 |
| Tax % | 29% | 27% | 21% | 31% | 25% | 25% | |
| 11 | 10 | 9 | 10 | 17 | 46 | 67 | |
| EPS in Rs | 27.71 | 24.76 | 22.46 | 24.73 | 2.11 | 4.14 | 6.06 |
| Dividend Payout % | 0% | 0% | 0% | 2% | 1% | 1% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 29% |
| 3 Years: | 41% |
| TTM: | 79% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | 75% |
| TTM: | 140% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 46% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 28% |
| 3 Years: | 30% |
| Last Year: | 37% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.82 | 0.82 | 0.82 | 0.82 | 16 | 22 | 22 |
| Reserves | 28 | 38 | 47 | 57 | 62 | 141 | 191 |
| 26 | 40 | 47 | 38 | 84 | 62 | 116 | |
| 52 | 60 | 76 | 62 | 89 | 280 | 336 | |
| Total Liabilities | 107 | 140 | 171 | 158 | 251 | 505 | 665 |
| 14 | 13 | 13 | 13 | 15 | 41 | 51 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 2 | 14 |
| Investments | 0 | 0 | 0 | 1 | 2 | 2 | 7 |
| 92 | 126 | 158 | 144 | 235 | 460 | 593 | |
| Total Assets | 107 | 140 | 171 | 158 | 251 | 505 | 665 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 4 | -18 | 3 | 11 | -32 | 54 | |
| -5 | -1 | -2 | -2 | -12 | -62 | |
| 6 | 12 | 3 | -12 | 45 | 11 | |
| Net Cash Flow | 5 | -6 | 4 | -3 | 0 | 3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 74 | 125 | 108 | 86 | 126 | 94 |
| Inventory Days | 133 | 184 | 282 | 100 | 118 | 96 |
| Days Payable | 138 | 152 | 183 | 63 | 89 | 111 |
| Cash Conversion Cycle | 69 | 157 | 207 | 123 | 155 | 79 |
| Working Capital Days | 54 | 103 | 98 | 88 | 131 | 59 |
| ROCE % | 24% | 16% | 19% | 21% | 36% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Investor Presentation 45m
- Financial Results For The FY Ended 31St March 2025 3h
-
Details Of Related Party Transactions.
3h - Disclosure of related party transactions worth ₹16,258.88 lakhs for half-year ended March 31, 2025.
-
Board Meeting Outcome for Outcome Of The Board Meeting
3h - Approved audited standalone and consolidated financial results for FY ended March 31, 2025 with unmodified audit opinion.
-
Intimation Of Receipt Of Trading Approval.
1d - Trading approval for 1.82 million preferential shares at Rs. 589.90 premium, listing from May 2, 2025.
Business Segments