K2 Infragen Ltd
Incorporated in 2015, K2 Infragen Ltd
is in the business of infrastructure and
auxiliary activities[1]
- Market Cap ₹ 68.7 Cr.
- Current Price ₹ 54.4
- High / Low ₹ 82.8 / 40.8
- Stock P/E 5.17
- Book Value ₹ 71.0
- Dividend Yield 0.00 %
- ROCE 14.7 %
- ROE 16.0 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.77 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 21.7%
- Promoter holding has increased by 1.04% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 273 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.
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 35 | 37 | 75 | 109 | 147 | 185 | |
| 33 | 36 | 56 | 88 | 128 | 162 | |
| Operating Profit | 2 | 0 | 19 | 21 | 19 | 23 |
| OPM % | 7% | 0.6% | 26% | 19% | 13% | 12% |
| 0 | 0 | 0 | 1 | 2 | 4 | |
| Interest | 1 | 2 | 2 | 3 | 3 | 8 |
| Depreciation | 1 | 2 | 2 | 2 | 2 | 3 |
| Profit before tax | 0 | -3 | 15 | 17 | 15 | 16 |
| Tax % | 54% | 2% | 26% | 26% | 22% | 19% |
| 0 | -3 | 11 | 12 | 12 | 13 | |
| EPS in Rs | 1.64 | -14.44 | 50.53 | 13.52 | 9.15 | 10.53 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 39% |
| 3 Years: | 35% |
| TTM: | 26% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 120% |
| 3 Years: | 5% |
| TTM: | 13% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -18% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 22% |
| Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 9 | 13 | 13 |
| Reserves | -0 | -1 | 12 | 36 | 64 | 77 |
| 18 | 21 | 24 | 25 | 57 | 105 | |
| 3 | 3 | 19 | 31 | 51 | 35 | |
| Total Liabilities | 22 | 26 | 57 | 101 | 184 | 230 |
| 10 | 10 | 8 | 9 | 10 | 11 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 1 | 1 | 1 | 1 |
| 13 | 16 | 48 | 91 | 173 | 218 | |
| Total Assets | 22 | 26 | 57 | 101 | 184 | 230 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| -3 | -1 | -1 | 5 | -43 | -17 | |
| -5 | -1 | -2 | -22 | -1 | -19 | |
| 9 | 3 | 2 | 17 | 46 | 41 | |
| Net Cash Flow | -0 | 1 | -1 | -0 | 2 | 4 |
| Free Cash Flow | -8 | -2 | -2 | 2 | -45 | -21 |
| CFO/OP | -117% | -550% | 16% | 35% | -201% | -57% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 82 | 100 | 178 | 204 | 323 | 273 |
| Inventory Days | 16 | 16 | 0 | |||
| Days Payable | 38 | 38 | ||||
| Cash Conversion Cycle | 60 | 78 | 178 | 204 | 323 | 273 |
| Working Capital Days | 13 | -11 | 11 | 47 | 86 | 105 |
| ROCE % | -5% | 58% | 36% | 18% | 15% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Roads & Bridges Segment Revenue INR Million |
|
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| Railway Projects Segment Revenue INR Million |
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| Construction Equipment Fleet count |
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| Number of Ongoing Projects count |
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| Power T&D Segment Revenue INR Million |
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| Water Supply Projects Segment Revenue INR Million |
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| On-time Project Delivery Rate % |
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| Order Book - Unexecuted INR Million |
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Extracted by Screener AI
Documents
Announcements
-
General Updates
30 July 2026 - K2IL Bhongir Private Limited incorporated July 29, 2026 for Telangana HAM road project.
-
Credit Rating
30 July 2026 - Acuité assigned BBB- Stable and A3 ratings to K2 Infragen’s ₹200 crore bank facilities.
-
Press Release
21 July 2026 - K2 Infragen appoints D K Raju as Senior Vice President to lead its ₹3,390.91 crore Telangana HAM road project.
-
Resignation
21 July 2026 - Board approved SPV subsidiary, appointed Danda Kanaka Raju SVP, and noted Vineet Sharma's resignation effective July 31, 2026.
-
Appointment
21 July 2026 - Board approved SPV incorporation, appointed Danda Kanaka Raju as SVP, and noted Vineet Sharma’s resignation effective July 31, 2026.
Business Overview:[1][2]
a) K2IL providing an end-to-end engineering, procurement, construction and turnkey construction services
b) It has a focus on power and project engineering
c) Company has executed projects across roads, railways, bridges, water supply, and civil construction, etc.
d) It has in-house capabilities to design, procurement, and construction supervision to subcontract and work order management, as well as post-construction activities.
e) Company is a ISO 14001:2015, ISO
45001:2018, and ISO 9001:2015 certified