A2Z Infra Engineering Ltd

A2Z Infra Engineering Ltd

₹ 13.0 3.18%
21 Jul - 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 230 Cr.
  • Current Price 13.0
  • High / Low 23.0 / 12.5
  • Stock P/E 31.7
  • Book Value 2.81
  • Dividend Yield 0.00 %
  • ROCE 16.3 %
  • ROE 15.4 %
  • Face Value 10.0

Pros

  • Debtor days have improved from 112 to 75.8 days.

Cons

  • Stock is trading at 4.62 times its book value
  • The company has delivered a poor sales growth of -1.41% over past five years.
  • Promoter holding is low: 27.9%
  • Company has a low return on equity of -23.1% over last 3 years.
  • Contingent liabilities of Rs.268 Cr.
  • Company might be capitalizing the interest cost
  • Promoters have pledged 99.7% of their holding.
  • Earnings include an other income of Rs.11.1 Cr.

* 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

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
90.71 94.10 101.96 94.45 97.97 82.64 78.41 84.56 90.66 90.51 94.72 108.97 92.24
73.13 93.72 123.24 114.23 145.88 80.90 79.74 87.40 81.56 83.75 89.17 109.45 95.43
Operating Profit 17.58 0.38 -21.28 -19.78 -47.91 1.74 -1.33 -2.84 9.10 6.76 5.55 -0.48 -3.19
OPM % 19.38% 0.40% -20.87% -20.94% -48.90% 2.11% -1.70% -3.36% 10.04% 7.47% 5.86% -0.44% -3.46%
-40.72 1.89 22.65 21.61 49.25 2.77 7.26 4.52 1.71 -2.48 -3.54 3.81 13.35
Interest 3.03 1.85 2.33 0.72 1.33 2.07 1.87 1.77 2.25 1.45 1.67 1.99 2.24
Depreciation 2.33 1.29 1.35 1.31 1.24 1.28 1.24 1.16 1.25 1.26 1.20 1.17 1.14
Profit before tax -28.50 -0.87 -2.31 -0.20 -1.23 1.16 2.82 -1.25 7.31 1.57 -0.86 0.17 6.78
Tax % 123.44% 81.61% 51.08% 825.00% -62.60% 155.17% 52.48% -24.80% 82.49% 63.69% 55.81% 482.35% 1.92%
-63.68 -1.57 -3.49 -1.85 -0.46 -0.64 1.34 -0.92 1.26 0.57 -1.34 -0.63 6.65
EPS in Rs -3.61 -0.05 -0.12 -0.08 -0.07 0.00 0.31 -0.03 0.23 0.04 -0.10 -0.04 0.34
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
594 1,349 996 709 869 700 415 353 349 388 336 386
685 1,266 933 732 821 730 448 507 348 477 330 378
Operating Profit -90 83 62 -24 48 -30 -34 -153 1 -89 7 9
OPM % -15% 6% 6% -3% 6% -4% -8% -43% 0% -23% 2% 2%
28 35 -62 177 333 -133 25 13 -86 95 16 11
Interest 186 198 201 206 60 60 60 28 13 6 8 7
Depreciation 41 46 43 33 27 14 9 9 9 5 5 5
Profit before tax -289 -126 -244 -85 294 -237 -77 -177 -106 -5 10 8
Tax % -27% 4% 25% 3% 2% 17% 5% 2% 19% 60% 90% 32%
-209 -132 -306 -87 287 -278 -81 -180 -126 -7 1 5
EPS in Rs -24.13 -9.19 -18.32 -6.28 17.32 -15.73 -4.61 -10.22 -6.98 -0.32 0.51 0.25
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -12%
5 Years: -1%
3 Years: 3%
TTM: 15%
Compounded Profit Growth
10 Years: 7%
5 Years: 16%
3 Years: -22%
TTM: -35%
Stock Price CAGR
10 Years: -11%
5 Years: 18%
3 Years: 24%
1 Year: -40%
Return on Equity
10 Years: -32%
5 Years: -40%
3 Years: -23%
Last Year: 15%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 87 127 145 176 176 176 176 176 176 176 176 176
Reserves 625 364 214 196 509 237 162 -17 -138 -144 -131 -127
1,519 1,590 1,645 1,260 434 477 527 394 313 198 92 97
554 1,235 1,200 1,312 1,055 1,103 1,007 874 639 453 362 315
Total Liabilities 2,784 3,316 3,204 2,944 2,175 1,993 1,872 1,427 991 683 498 461
538 484 342 321 168 122 114 107 73 75 73 64
CWIP 601 603 385 310 143 91 91 94 55 58 18 6
Investments 2 2 0 0 226 213 220 156 70 36 0 0
1,644 2,227 2,477 2,313 1,638 1,567 1,448 1,071 793 514 408 390
Total Assets 2,784 3,316 3,204 2,944 2,175 1,993 1,872 1,427 991 683 498 461

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
30 5 66 35 83 -26 -7 38 55 95 54 -17
8 22 1 4 5 7 11 25 -7 -11 -12 11
-47 -21 -17 -82 -95 17 -1 -68 -47 -94 -39 5
Net Cash Flow -9 6 51 -43 -6 -2 4 -5 2 -9 3 -0
Free Cash Flow 32 15 58 29 81 -32 -9 53 50 85 51 -8
CFO/OP -45% 18% 112% -200% 210% 52% 44% -25% 3,958% -103% 827% -256%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 489 310 489 674 413 478 794 528 339 147 114 76
Inventory Days 119 43 33 40 23 90 0 0
Days Payable 572 531 1,227 1,628 2,751 7,071
Cash Conversion Cycle 36 -178 -705 -914 413 478 794 -2,199 -6,641 147 114 76
Working Capital Days -46 -61 -82 -75 12 -54 -144 -240 -208 -160 -110 -64
ROCE % -5% 3% 3% -1% 3% -2% -2% -21% 7% -20% 14% 16%

Insights

In beta
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Engineering Services Revenue Share (Consolidated)
% of consolidated revenue

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Facility Management Services Revenue Share (Consolidated)
% of consolidated revenue
Municipal Solid Waste Revenue Share (Consolidated)
% of consolidated revenue
Order Book - Standalone
INR Lakhs ・Standalone data
Total Group Employees
count
Trained Technical Employees
count
Order Book - Consolidated
INR Lakhs

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
28.15% 28.15% 28.15% 28.15% 28.15% 28.15% 28.15% 28.15% 28.15% 28.15% 28.15% 27.92%
1.61% 1.61% 1.61% 1.64% 1.62% 1.28% 1.03% 0.89% 0.84% 0.81% 0.86% 0.94%
0.00% 0.00% 0.00% 0.01% 0.01% 0.11% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10%
70.23% 70.24% 70.25% 70.20% 70.22% 70.46% 70.73% 70.85% 70.90% 70.94% 70.90% 71.05%
No. of Shareholders 43,96242,70041,79042,18741,23242,49742,93442,87742,19641,40640,59640,119

* 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.

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