Abhishek Integrations Ltd
Incorporated in 2017, Abhishek Integrations Limited is in the business of developing, maintaining & operating of Airports and allied business
- Market Cap ₹ 22.3 Cr.
- Current Price ₹ 37.1
- High / Low ₹ 42.5 / 18.8
- Stock P/E 36.6
- Book Value ₹ 14.5
- Dividend Yield 0.00 %
- ROCE 12.1 %
- ROE 8.24 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 96.8 to 34.6 days.
- Company's working capital requirements have reduced from 184 days to 142 days
Cons
- Stock is trading at 2.56 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* 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: Construction Industry: Construction
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|
| 0.00 | 0.06 | 0.73 | 2.35 | 13.24 | 22.55 | 24.62 | |
| 0.00 | 0.06 | 0.68 | 2.14 | 12.50 | 21.18 | 23.08 | |
| Operating Profit | 0.00 | 0.00 | 0.05 | 0.21 | 0.74 | 1.37 | 1.54 |
| OPM % | 0.00% | 6.85% | 8.94% | 5.59% | 6.08% | 6.26% | |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.07 | 0.11 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.03 | 0.12 | 0.44 | 0.72 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.02 | 0.05 | 0.09 | 0.11 |
| Profit before tax | 0.00 | 0.00 | 0.05 | 0.16 | 0.62 | 0.91 | 0.82 |
| Tax % | 40.00% | 25.00% | 19.35% | 25.27% | |||
| 0.00 | 0.00 | 0.03 | 0.12 | 0.50 | 0.67 | 0.61 | |
| EPS in Rs | 0.00 | 1.50 | 0.30 | 0.83 | 1.12 | 1.02 | |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 214% |
| TTM: | 48% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 182% |
| TTM: | 11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 57% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 8% |
Balance Sheet
Figures in Rs. Crores
| Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 2.02 | 3.01 | 3.01 | 6.02 | |
| Reserves | 0.00 | 0.82 | 4.78 | 5.46 | 2.72 | |
| 0.00 | 0.12 | 1.99 | 4.09 | 3.58 | ||
| 0.00 | 0.67 | 1.53 | 1.64 | 1.05 | ||
| Total Liabilities | 0.01 | 3.63 | 11.31 | 14.20 | 13.37 | |
| 0.00 | 0.19 | 1.59 | 1.68 | 2.01 | ||
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 0.01 | 3.44 | 9.72 | 12.52 | 11.36 | ||
| Total Assets | 0.01 | 3.63 | 11.31 | 14.20 | 13.37 |
Cash Flows
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|
| 0.00 | -1.68 | -1.11 | -2.03 | |||
| 0.00 | -0.29 | -2.84 | 0.83 | |||
| 0.01 | 2.06 | 3.93 | 1.27 | |||
| Net Cash Flow | 0.01 | 0.10 | -0.02 | 0.06 |
Ratios
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|
| Debtor Days | 215.89 | 39.97 | 34.64 | |||
| Inventory Days | 341.07 | 996.02 | ||||
| Days Payable | 209.43 | 102.08 | ||||
| Cash Conversion Cycle | 347.53 | 39.97 | 928.58 | |||
| Working Capital Days | 276.47 | 133.43 | 141.63 | |||
| ROCE % | 11.62% | 12.09% |
Business Overview:[1] From FY17 to FY21, company was engaged in developing, operating and maintaining of electrical and mechanical installation at various Airports in India. On March 1st 2021, company took over business of Abhishek Associates and 16 ongoing projects of AAI. Moreover, all project deposits given by firm to AAI were transferred to company