Likhitha Infrastructure Ltd
Incorporated in 1998, Likhitha Infrastructure Ltd is in the business of laying gas supply pipe lines and irrigation canals, building bridges over the canals and related maintenance works[1]
- Market Cap ₹ 1,063 Cr.
- Current Price ₹ 270
- High / Low ₹ 316 / 118
- Stock P/E 17.7
- Book Value ₹ 63.4
- Dividend Yield 0.47 %
- ROCE 36.2 %
- ROE 27.2 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 52.6% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.6%
Cons
* 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
31 | 39 | 50 | 31 | 54 | 107 | 87 | 139 | 161 | 191 | 257 | 351 | |
28 | 36 | 45 | 29 | 48 | 94 | 76 | 110 | 131 | 151 | 196 | 274 | |
Operating Profit | 3 | 4 | 5 | 3 | 6 | 13 | 11 | 29 | 30 | 39 | 61 | 77 |
OPM % | 8% | 10% | 11% | 8% | 11% | 12% | 13% | 21% | 19% | 21% | 24% | 22% |
0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 4 | 8 | |
Interest | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 |
Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 4 | 5 |
Profit before tax | 3 | 4 | 6 | 3 | 5 | 12 | 11 | 25 | 27 | 38 | 60 | 79 |
Tax % | 51% | 47% | 38% | 30% | 53% | 38% | 34% | 29% | 25% | 24% | 25% | 24% |
Net Profit | 1 | 2 | 4 | 2 | 3 | 8 | 7 | 18 | 20 | 29 | 45 | 60 |
EPS in Rs | 6.45 | 10.35 | 18.85 | 9.90 | 12.70 | 38.40 | 7.99 | 19.84 | 6.89 | 7.34 | 11.51 | 15.22 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 10% | 4% | 10% |
Compounded Sales Growth | |
---|---|
10 Years: | 24% |
5 Years: | 32% |
3 Years: | 30% |
TTM: | 36% |
Compounded Profit Growth | |
---|---|
10 Years: | 40% |
5 Years: | 53% |
3 Years: | 44% |
TTM: | 32% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 90% |
Return on Equity | |
---|---|
10 Years: | 28% |
5 Years: | 28% |
3 Years: | 27% |
Last Year: | 27% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | 1 | 1 | 1 | 1 | 1 | 4 | 4 | 15 | 20 | 20 | 20 | |
Reserves | 6 | 8 | 12 | 14 | 16 | 24 | 28 | 46 | 55 | 134 | 172 | 230 |
1 | 1 | 0 | 1 | 0 | 4 | 14 | 10 | 1 | 0 | 0 | 0 | |
9 | 14 | 18 | 11 | 14 | 21 | 21 | 25 | 30 | 15 | 23 | 44 | |
Total Liabilities | 18 | 24 | 31 | 27 | 31 | 51 | 67 | 85 | 101 | 169 | 215 | 294 |
4 | 3 | 4 | 3 | 5 | 4 | 15 | 14 | 12 | 12 | 18 | 22 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 6 | 56 | 39 | 57 |
14 | 21 | 27 | 24 | 27 | 47 | 51 | 71 | 83 | 101 | 158 | 216 | |
Total Assets | 18 | 24 | 31 | 27 | 31 | 51 | 67 | 85 | 101 | 169 | 215 | 294 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 0 | 0 | 4 | -3 | -1 | 3 | 18 | 1 | 3 | 45 | |
0 | 0 | 0 | 0 | -9 | -4 | -5 | -2 | -6 | -50 | 9 | -24 | |
0 | 0 | 0 | 0 | -1 | 4 | 9 | -3 | -4 | 53 | -7 | -3 | |
Net Cash Flow | 0 | 0 | 0 | 0 | -6 | -4 | 3 | -2 | 8 | 4 | 5 | 18 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 53 | 4 | 45 | 87 | 48 | 104 | 118 | 42 | 37 | 74 | 96 | 74 |
Inventory Days | 9 | 198 | 114 | 395 | 36 | 1 | 298 | 278 | 709 | |||
Days Payable | 465 | 398 | 452 | 719 | 88 | 81 | 182 | 157 | 289 | |||
Cash Conversion Cycle | -403 | -196 | -292 | -237 | -4 | 24 | 118 | 158 | 158 | 74 | 96 | 493 |
Working Capital Days | -34 | -52 | -45 | 33 | -7 | 36 | 47 | 78 | 82 | 125 | 144 | 168 |
ROCE % | 33% | 41% | 55% | 20% | 36% | 55% | 32% | 51% | 43% | 35% | 35% | 36% |
Documents
Announcements
- Compliances-Reg.24(A)-Annual Secretarial Compliance 30 May
-
Dividend Updates
18 May - Due to a typographical error the dividend was mentioned as 10% i.e., 0.50/- per Equity Share in the subject body of intimation instead of 30% …
- Announcement under Regulation 30 (LODR)-Dividend Updates 18 May
- Audited Financial Results (Standalone And Consolidated) For The Fourth Quarter And Year Ended March 31, 2023 18 May
- Board Meeting Outcome for Outcome Of Board Meeting Held On May 18, 2023 18 May
Concalls
-
Nov 2022TranscriptNotesPPT
Business Overview:[1]
Company is an oil & gas pipeline infrastructure service provider, focused on laying pipeline networks along with construction of associated facilities and providing operations & maintenance services to oil and gas companies in India. It has presence in 17+ states and 2 union territories of India. At present, company has laid around 1000+ Km of Oil and Gas pipelines including steel and Medium-Density Polyethylene (MDPE) networks and 600 km of Oil and Gas pipelines for ongoing projects