Manav Infra Projects Ltd
Incorporated in 1995, Manav Infra Projects
is in the business of Excavation and Piling[1]
- Market Cap ₹ 15.4 Cr.
- Current Price ₹ 22.5
- High / Low ₹ 23.5 / 12.1
- Stock P/E 8.05
- Book Value ₹ -4.58
- Dividend Yield 0.00 %
- ROCE 28.7 %
- ROE %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Debtor days have improved from 201 to 104 days.
- Company's working capital requirements have reduced from 203 days to 61.7 days
Cons
- The company has delivered a poor sales growth of -10.6% over past five years.
* 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
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
14.65 | 12.00 | 11.97 | 14.84 | 16.44 | 18.08 | 20.87 | 15.53 | 8.62 | 5.05 | 5.39 | 11.95 | 14.09 | |
13.50 | 8.79 | 9.03 | 14.39 | 14.50 | 15.89 | 17.64 | 11.99 | 11.34 | 7.93 | 7.23 | 9.13 | 9.36 | |
Operating Profit | 1.15 | 3.21 | 2.94 | 0.45 | 1.94 | 2.19 | 3.23 | 3.54 | -2.72 | -2.88 | -1.84 | 2.82 | 4.73 |
OPM % | 7.85% | 26.75% | 24.56% | 3.03% | 11.80% | 12.11% | 15.48% | 22.79% | -31.55% | -57.03% | -34.14% | 23.60% | 33.57% |
0.00 | 0.11 | 0.00 | 1.39 | -0.03 | 0.22 | 0.26 | 0.02 | 0.14 | -0.95 | -0.07 | 0.10 | 0.12 | |
Interest | 0.00 | 1.19 | 1.48 | 0.65 | 0.89 | 1.05 | 1.20 | 1.38 | 1.41 | 1.34 | 1.24 | 1.46 | 1.38 |
Depreciation | 0.00 | 1.52 | 1.06 | 0.82 | 0.60 | 0.57 | 1.03 | 1.80 | 2.15 | 1.59 | 1.07 | 0.71 | 0.95 |
Profit before tax | 1.15 | 0.61 | 0.40 | 0.37 | 0.42 | 0.79 | 1.26 | 0.38 | -6.14 | -6.76 | -4.22 | 0.75 | 2.52 |
Tax % | 32.17% | 36.07% | 50.00% | 100.00% | -45.24% | -30.38% | -0.79% | -15.79% | 3.91% | 2.51% | 2.13% | 21.33% | |
0.78 | 0.39 | 0.21 | 0.00 | 0.61 | 1.03 | 1.27 | 0.44 | -5.90 | -6.59 | -4.13 | 0.60 | 1.91 | |
EPS in Rs | 3.90 | 1.95 | 1.05 | 0.00 | 3.05 | 5.15 | 1.86 | 0.64 | -8.63 | -9.64 | -6.04 | 0.88 | 2.79 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 0% |
5 Years: | -11% |
3 Years: | 12% |
TTM: | 85% |
Compounded Profit Growth | |
---|---|
10 Years: | 3% |
5 Years: | -13% |
3 Years: | 28% |
TTM: | 147% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 33% |
3 Years: | 66% |
1 Year: | 92% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
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 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 6.84 | 6.84 | 6.84 | 6.84 | 6.84 | 6.84 | 6.84 |
Reserves | 1.67 | 2.04 | 2.24 | 2.25 | 2.82 | 3.85 | 5.79 | 6.22 | 0.06 | -6.53 | -10.66 | -10.06 | -9.97 |
6.48 | 7.80 | 7.34 | 2.58 | 3.31 | 3.63 | 6.62 | 11.26 | 11.59 | 11.36 | 11.97 | 9.83 | 9.48 | |
4.29 | 3.41 | 3.52 | 4.27 | 5.70 | 3.55 | 2.97 | 3.13 | 2.70 | 2.52 | 2.07 | 2.98 | 2.22 | |
Total Liabilities | 14.44 | 15.25 | 15.10 | 11.10 | 13.83 | 13.03 | 22.22 | 27.45 | 21.19 | 14.19 | 10.22 | 9.59 | 8.57 |
5.11 | 3.54 | 2.48 | 1.87 | 1.37 | 2.30 | 3.74 | 7.01 | 5.55 | 3.79 | 2.48 | 1.67 | 1.37 | |
CWIP | 0.00 | 2.17 | 2.31 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.00 | 0.00 |
9.33 | 9.54 | 10.31 | 9.23 | 12.46 | 10.66 | 18.42 | 20.38 | 15.58 | 10.34 | 7.68 | 7.92 | 7.20 | |
Total Assets | 14.44 | 15.25 | 15.10 | 11.10 | 13.83 | 13.03 | 22.22 | 27.45 | 21.19 | 14.19 | 10.22 | 9.59 | 8.57 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2.29 | 3.74 | 2.92 | 0.23 | -0.49 | -3.43 | 3.90 | 1.75 | 1.03 | 1.12 | 3.37 | ||
-2.12 | -0.13 | 3.48 | -0.13 | -1.96 | -2.96 | -5.87 | -0.68 | 1.61 | 0.59 | 0.06 | ||
1.22 | -1.97 | -5.79 | 0.34 | -1.47 | 6.12 | 1.95 | -1.11 | -2.37 | -1.93 | -3.47 | ||
Net Cash Flow | 1.38 | 1.63 | 0.61 | 0.45 | -3.92 | -0.26 | -0.02 | -0.04 | 0.27 | -0.22 | -0.04 |
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 | 172.91 | 201.97 | 78.98 | 71.82 | 116.78 | 107.40 | 159.85 | 253.36 | 269.30 | 256.58 | 242.43 | 104.15 |
Inventory Days | 0.00 | 0.00 | 155.61 | 242.15 | 641.34 | 385.76 | 0.00 | 0.00 | ||||
Days Payable | 254.20 | 106.83 | 252.69 | 256.02 | ||||||||
Cash Conversion Cycle | 172.91 | 201.97 | 78.98 | 71.82 | 116.78 | 8.82 | 295.17 | 253.36 | 657.95 | 386.32 | 242.43 | 104.15 |
Working Capital Days | 85.96 | 128.36 | 128.38 | 8.85 | 38.63 | 108.61 | 239.60 | 342.44 | 416.66 | 346.93 | 201.80 | 61.70 |
ROCE % | 12.34% | 16.28% | 16.05% | -3.91% | 17.91% | 20.90% | 15.45% | 8.17% | -21.35% | -29.58% | -29.26% | 28.73% |
Business Overview[1][2]
Company does excavation, piling and road construction, and pre-stressed rock anchoring. It has a complete range of earth-moving equipment and machines for construction work viz. Excavators, JCB, Loaders, Pilings, Rock Breakers, Transportation Vehicles, etc. which it provides on rent across India. Company has a presence in Maharashtra, Goa, Gujarat, Rajasthan, Karnataka, Telangana, and Andhra Pradesh.