A2Z Infra Engineering Ltd

A2Z Infra Engineering Ltd

₹ 15.2 4.83%
23 Feb - close price
About

Incorporated in 2002, A2Z Infra Engineering Ltd provides maintenance and engineering services[1]

Key Points

Business Overview:[1]
A2ZIEL is a part of A2Z Group. It operates in the Engineering Procurement & Construction (EPC) sector for Infrastructure projects, specializing in Power Transmission & Distribution and Telecom Infrastructure Development projects

  • Market Cap 268 Cr.
  • Current Price 15.2
  • High / Low 15.2 / 5.10
  • Stock P/E
  • Book Value 2.01
  • Dividend Yield 0.00 %
  • ROCE 6.57 %
  • ROE 15.7 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company's working capital requirements have reduced from 195 days to 115 days

Cons

  • Stock is trading at 7.55 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -13.2% over past five years.
  • Promoter holding is low: 28.1%
  • Company has a low return on equity of -33.4% over last 3 years.
  • Contingent liabilities of Rs.335 Cr.
  • Company might be capitalizing the interest cost
  • Promoters have pledged 99.7% of their holding.
  • Earnings include an other income of Rs.5.43 Cr.
  • Company has high debtors of 339 days.

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
83.40 138.82 72.83 100.97 80.69 98.84 78.65 96.54 83.55 90.71 94.10 101.96 94.45
91.79 169.24 73.12 99.91 77.95 108.59 102.76 96.81 84.00 73.13 93.72 123.24 114.23
Operating Profit -8.39 -30.42 -0.29 1.06 2.74 -9.75 -24.11 -0.27 -0.45 17.58 0.38 -21.28 -19.78
OPM % -10.06% -21.91% -0.40% 1.05% 3.40% -9.86% -30.65% -0.28% -0.54% 19.38% 0.40% -20.87% -20.94%
11.98 10.48 9.44 -149.23 6.67 -0.42 28.24 1.21 -65.52 -40.72 1.89 22.65 21.61
Interest 15.02 12.26 10.68 6.92 6.38 3.89 4.65 2.87 2.75 3.03 1.85 2.33 0.72
Depreciation 2.16 2.72 2.11 2.00 2.79 2.15 2.23 2.28 1.99 2.33 1.29 1.35 1.31
Profit before tax -13.59 -34.92 -3.64 -157.09 0.24 -16.21 -2.75 -4.21 -70.71 -28.50 -0.87 -2.31 -0.20
Tax % -9.27% -1.17% -13.74% -1.15% 750.00% 6.17% 0.00% -24.94% 23.12% -123.44% -81.61% -51.08% -825.00%
-14.85 -35.33 -4.14 -158.89 -1.55 -15.22 -2.75 -5.27 -54.35 -63.68 -1.57 -3.49 -1.85
EPS in Rs -0.86 -2.01 -0.24 -9.07 -0.10 -0.81 -0.16 -0.31 -2.90 -3.61 -0.05 -0.12 -0.08
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
1,352 903 699 594 1,349 996 709 869 700 415 353 349 381
1,249 917 787 685 1,266 933 732 821 730 448 507 348 404
Operating Profit 103 -14 -89 -90 83 62 -24 48 -30 -34 -153 1 -23
OPM % 8% -2% -13% -15% 6% 6% -3% 6% -4% -8% -43% 0% -6%
10 50 22 28 35 -62 177 333 -133 25 13 -86 5
Interest 98 134 142 186 198 201 206 60 60 60 28 13 8
Depreciation 19 39 32 41 46 43 33 27 14 9 9 9 6
Profit before tax -5 -137 -241 -289 -126 -244 -85 294 -237 -77 -177 -106 -32
Tax % -282% 23% -2% 27% -4% -25% -3% 2% -17% -5% -2% -19%
-18 -106 -247 -209 -132 -306 -87 287 -278 -81 -180 -126 -71
EPS in Rs -2.42 -14.27 -33.31 -24.13 -9.19 -18.32 -6.28 17.32 -15.73 -4.61 -10.22 -6.98 -3.86
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -9%
5 Years: -13%
3 Years: -21%
TTM: 7%
Compounded Profit Growth
10 Years: 8%
5 Years: 16%
3 Years: 28%
TTM: -712%
Stock Price CAGR
10 Years: 3%
5 Years: 0%
3 Years: 53%
1 Year: 108%
Return on Equity
10 Years: -28%
5 Years: -22%
3 Years: -33%
Last Year: 16%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 74 74 74 87 127 145 176 176 176 176 176 176 176
Reserves 1,035 930 843 625 364 214 196 509 237 162 -17 -138 -141
1,131 1,229 1,409 1,519 1,590 1,645 1,260 434 477 527 394 313 262
594 626 485 554 1,235 1,200 1,312 1,055 1,103 1,007 874 639 514
Total Liabilities 2,834 2,859 2,811 2,784 3,316 3,204 2,944 2,175 1,993 1,872 1,427 991 811
292 485 438 538 484 342 321 168 122 114 107 73 77
CWIP 612 662 734 601 603 385 310 143 91 91 94 55 56
Investments 0 2 2 2 2 0 0 226 213 220 156 70 48
1,930 1,710 1,637 1,644 2,227 2,477 2,313 1,638 1,567 1,448 1,071 793 630
Total Assets 2,834 2,859 2,811 2,784 3,316 3,204 2,944 2,175 1,993 1,872 1,427 991 811

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-76 27 -94 30 5 66 35 83 -26 -7 38 58
-471 -84 -29 8 22 1 4 5 7 11 25 -10
549 -7 119 -47 -21 -17 -82 -95 17 -1 -68 -47
Net Cash Flow 2 -64 -4 -9 6 51 -43 -6 -2 4 -5 2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 251 328 423 489 310 489 674 413 478 794 528 339
Inventory Days 37 67 90 119 43 33 40 23 90
Days Payable 233 297 394 572 531 1,227 1,628 2,751 7,071
Cash Conversion Cycle 55 99 119 36 -178 -705 -914 413 478 794 -2,199 -6,641
Working Capital Days 272 390 389 348 129 195 256 137 123 318 152 115
ROCE % 5% -1% -5% -5% 3% 3% -1% 3% -2% -2% -21% 7%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
28.14% 28.14% 28.14% 28.14% 28.14% 28.14% 28.15% 28.15% 28.15% 28.15% 28.15% 28.15%
2.47% 1.31% 1.19% 0.89% 0.89% 1.06% 0.96% 0.84% 1.61% 1.61% 1.61% 1.61%
69.39% 70.55% 70.67% 70.97% 70.97% 70.80% 70.90% 71.02% 70.24% 70.25% 70.23% 70.24%
No. of Shareholders 39,87343,29344,38048,99649,94248,52346,77145,86345,41444,96943,96242,700

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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