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 ₹ 6,545 Cr.
- Current Price ₹ 606
- High / Low ₹ 754 / 31.4
- Stock P/E 146
- Book Value ₹ 15.0
- Dividend Yield 0.00 %
- ROCE 35.5 %
- ROE 37.2 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- 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 40.9 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 | |
|---|---|---|---|---|---|---|
| 224 | 229 | 287 | 334 | 371 | 801 | |
| 205 | 211 | 271 | 314 | 341 | 732 | |
| Operating Profit | 19 | 18 | 16 | 20 | 30 | 68 |
| OPM % | 9% | 8% | 6% | 6% | 8% | 9% |
| 0 | 0 | 1 | 0 | 0 | 3 | |
| Interest | 2 | 2 | 4 | 3 | 6 | 9 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 1 |
| Profit before tax | 16 | 14 | 12 | 15 | 23 | 62 |
| Tax % | 29% | 27% | 21% | 31% | 25% | 25% |
| 11 | 10 | 9 | 10 | 17 | 46 | |
| EPS in Rs | 27.71 | 24.76 | 22.46 | 24.73 | 2.11 | 4.14 |
| Dividend Payout % | -0% | -0% | -0% | 2% | 1% | 1% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 29% |
| 3 Years: | 41% |
| TTM: | 116% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | 75% |
| TTM: | 169% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 1577% |
| 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 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 1 | 16 | 22 |
| Reserves | 28 | 38 | 47 | 57 | 62 | 141 |
| 26 | 40 | 47 | 38 | 84 | 62 | |
| 52 | 60 | 76 | 62 | 89 | 280 | |
| Total Liabilities | 107 | 140 | 171 | 158 | 251 | 505 |
| 14 | 13 | 13 | 13 | 15 | 41 | |
| CWIP | -0 | -0 | -0 | 0 | -0 | 2 |
| Investments | -0 | -0 | -0 | 1 | 2 | 2 |
| 92 | 126 | 158 | 144 | 235 | 460 | |
| Total Assets | 107 | 140 | 171 | 158 | 251 | 505 |
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
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
13h - Bondada Engineering receives work orders from Bharti Airtel.
-
Disclosure Regarding Inauguration Of 'Bondada Industrial Park-II
31 Aug - Inauguration of Bondada Industrial Park-II in Hyderabad.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
26 Aug - Received Letter of Award for solar power projects.
-
Contribution Towards CSR Activity.
14 Aug - Contribution of Rs. 25 lakh for disaster relief in Wayanad.
- Corporate Action-Intimation of Sub division / Stock Split 14 Aug
Annual reports
Concalls
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May 2024TranscriptNotesPPT
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Jan 2024TranscriptPPT
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Nov 2023TranscriptNotesPPT
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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.