Bharat Highways InvIT
Bharat Highways Infrastructure Investment is an infrastructure investment trust established to acquire, manage, and invest in a portfolio of infrastructure assets in India[1]
- Market Cap ₹ 4,739 Cr.
- Current Price ₹ 107
- High / Low ₹ 112 / 101
- Stock P/E 8.99
- Book Value ₹
- Dividend Yield %
- ROCE 20.0 %
- ROE 61.7 %
- Face Value ₹
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 39.7%
Cons
- Promoter holding is low: 15.0%
- Working capital days have increased from 96.4 days to 144 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.
Peer comparison
Sector: Infrastructure Investment Trusts Industry: Construction
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 3,093 | 2,170 | 1,600 | 1,536 | |
| 2,813 | 1,671 | 1,172 | 441 | |
| Operating Profit | 280 | 499 | 428 | 1,095 |
| OPM % | 9% | 23% | 27% | 71% |
| 0 | 0 | 0 | 2 | |
| Interest | 171 | 265 | 344 | 376 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 109 | 234 | 84 | 721 |
| Tax % | 31% | 36% | 25% | 27% |
| 75 | 149 | 63 | 527 | |
| EPS in Rs | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -21% |
| TTM: | -4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 91% |
| TTM: | 738% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 40% |
| Last Year: | 62% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Equity Capital | 178 | 188 | 188 | 188 |
| Reserves | 190 | 340 | 402 | 929 |
| 2,284 | 3,710 | 4,679 | 4,583 | |
| 924 | 706 | 267 | 356 | |
| Total Liabilities | 3,577 | 4,944 | 5,536 | 6,056 |
| 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 35 |
| 3,577 | 4,944 | 5,536 | 6,021 | |
| Total Assets | 3,577 | 4,944 | 5,536 | 6,056 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| -1,220 | -944 | -398 | 473 | |
| 74 | -119 | -151 | -151 | |
| 1,162 | 1,178 | 626 | -472 | |
| Net Cash Flow | 16 | 115 | 77 | -150 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Debtor Days | 1 | 6 | 5 | 2 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 1 | 6 | 5 | 2 |
| Working Capital Days | 26 | 45 | 100 | 144 |
| ROCE % | 14% | 9% | 20% |
Documents
Announcements
Annual reports
No data available.
Business Profile[1] The Trust carries on activities of an infrastructure investment trust under the SEBI InvIT Regulations.