Deepak Builders & Engineers India Ltd
Incorporated in September 2017, Deepak Builders & Engineers India Limited is a construction company specializing in administrative, institutional, and industrial buildings, hospitals, stadiums, residential complexes, and other construction activities.[1]
- Market Cap ₹ 664 Cr.
- Current Price ₹ 143
- High / Low ₹ 214 / 128
- Stock P/E 11.0
- Book Value ₹ 40.6
- Dividend Yield 0.00 %
- ROCE 43.0 %
- ROE 46.4 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 82.4% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.4%
- Debtor days have improved from 76.8 to 51.8 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Contingent liabilities of Rs.310 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.
Peer comparison
Sector: Infrastructure Developers & Operators Industry: Construction
Part of BSE IPO
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 239 | 310 | 351 | 363 | 433 | 509 | |
| 213 | 277 | 317 | 321 | 382 | 397 | |
| Operating Profit | 26 | 33 | 34 | 42 | 51 | 112 |
| OPM % | 11% | 11% | 10% | 12% | 12% | 22% |
| 1 | 1 | 1 | 2 | 2 | 5 | |
| Interest | 10 | 14 | 14 | 17 | 19 | 29 |
| Depreciation | 2 | 3 | 3 | 4 | 6 | 7 |
| Profit before tax | 14 | 18 | 18 | 24 | 29 | 82 |
| Tax % | 78% | 24% | 25% | 26% | 26% | 26% |
| 3 | 14 | 14 | 18 | 21 | 60 | |
| EPS in Rs | 0.84 | 3.82 | 3.76 | 4.92 | 5.96 | 16.84 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 13% |
| TTM: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 82% |
| 3 Years: | 65% |
| TTM: | 181% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 30% |
| 3 Years: | 32% |
| Last Year: | 46% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 36 | 36 | 36 | 36 | 36 | 36 | 36 |
| Reserves | 3 | 17 | 48 | 49 | 65 | 124 | 153 |
| 59 | 55 | 67 | 80 | 97 | 157 | 194 | |
| 102 | 115 | 104 | 158 | 252 | 242 | 307 | |
| Total Liabilities | 199 | 223 | 255 | 322 | 449 | 559 | 691 |
| 30 | 33 | 51 | 51 | 51 | 65 | 61 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 169 | 190 | 204 | 271 | 398 | 494 | 629 | |
| Total Assets | 199 | 223 | 255 | 322 | 449 | 559 | 691 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 17 | 24 | 1 | 13 | -27 | ||
| -4 | -77 | -5 | -13 | -11 | ||
| -15 | -18 | 0 | 3 | 35 | ||
| Net Cash Flow | -1 | -71 | -5 | 3 | -3 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 75 | 66 | 112 | 96 | 82 | 52 |
| Inventory Days | 196 | 138 | 40 | 101 | 215 | 289 |
| Days Payable | 124 | 109 | 105 | 121 | 148 | 157 |
| Cash Conversion Cycle | 147 | 94 | 47 | 77 | 149 | 184 |
| Working Capital Days | 184 | 151 | 131 | 90 | 132 | 159 |
| ROCE % | 31% | 25% | 26% | 26% | 43% |
Documents
Announcements
-
Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29 Of SEBI (LODR) Regulations, 2015
2d - Board meeting on May 30, 2025, to approve audited financial results for FY ending March 31, 2025.
-
Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot
16 May - Appointed Mr. Harnam Singh Khosa as Executive Director for five years from Feb 14, 2025.
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
15 May - Crisil report confirms IPO proceeds utilized as per objects; minor delays noted, no major deviations.
-
Announcement under Regulation 30 (LODR)-Cessation
13 May - Resignation of GM-Administration Ashok Kumar effective 13 May 2025 due to health issues.
-
Announcement under Regulation 30 (LODR)-Change in Management
10 May - Appointed Mr. Harnam Singh Khosa as Executive Director for 5 years from Feb 14, 2025.
Business Verticals[1]
A) Construction Projects: DBEIL specializes in executing turnkey construction projects for administrative and institutional buildings, hospitals and medical colleges, industrial buildings, historical memorial complexes, residential complexes, and stadium and sports complexes. These projects are largely awarded through competitive government tenders.
B) Infrastructure Projects: The company undertakes infrastructure projects like flyovers, railway over bridges (ROB), rail under bridges (RUB), approach roads, and railway station upgradation/redevelopment. These projects are also primarily government-led.[2]
C)Sale of Products: DBEIL also engages in the sale of leftover construction materials such as steel and cement after fulfilling its own construction needs.[3]