Ramky Infrastructure Ltd
Ramky Infrastructure Limited is a flagship company of the Ramky Group. The Co is engaged in the business of construction, infrastructure development and management. [1]
- Market Cap ₹ 2,678 Cr.
- Current Price ₹ 387
- High / Low ₹ 425 / 123
- Stock P/E 34.4
- Book Value ₹ 204
- Dividend Yield 0.00 %
- ROCE 16.8 %
- ROE 9.22 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 22.2% CAGR over last 5 years
- Debtor days have improved from 102 to 80.7 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 1.56% over past five years.
- Company has a low return on equity of 7.94% over last 3 years.
- Contingent liabilities of Rs.1,252 Cr.
- Promoters have pledged 25.7% of their holding.
- Earnings include an other income of Rs.1,456 Cr.
- Company's cost of borrowing seems high
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3,934 | 3,774 | 2,402 | 1,644 | 2,048 | 1,719 | 1,578 | 1,749 | 1,387 | 1,056 | 1,459 | 1,705 | |
3,341 | 3,235 | 2,620 | 1,802 | 2,118 | 1,601 | 1,567 | 1,572 | 1,432 | 954 | 1,253 | 1,367 | |
Operating Profit | 593 | 538 | -219 | -158 | -69 | 118 | 11 | 177 | -45 | 103 | 205 | 338 |
OPM % | 15% | 14% | -9% | -10% | -3% | 7% | 1% | 10% | -3% | 10% | 14% | 20% |
36 | 48 | 35 | 52 | 503 | 391 | 525 | 253 | 169 | 185 | 322 | 1,456 | |
Interest | 238 | 294 | 380 | 515 | 397 | 399 | 369 | 378 | 341 | 325 | 373 | 363 |
Depreciation | 43 | 60 | 69 | 92 | 66 | 59 | 55 | 48 | 45 | 32 | 31 | 42 |
Profit before tax | 347 | 232 | -633 | -712 | -29 | 50 | 111 | 3 | -263 | -70 | 123 | 1,389 |
Tax % | 25% | 25% | 33% | 32% | -22% | 68% | 41% | 102% | -1% | 128% | 67% | 17% |
Net Profit | 260 | 174 | -408 | -483 | -45 | -12 | 33 | -0 | -266 | 19 | 40 | 1,153 |
EPS in Rs | 42.67 | 26.45 | -72.53 | -84.44 | -8.16 | -1.06 | 5.00 | 2.51 | -28.62 | 2.83 | 3.41 | 164.83 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -8% |
5 Years: | 2% |
3 Years: | 7% |
TTM: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | -6% |
5 Years: | 22% |
3 Years: | 34% |
TTM: | 235% |
Stock Price CAGR | |
---|---|
10 Years: | 21% |
5 Years: | 24% |
3 Years: | 126% |
1 Year: | 125% |
Return on Equity | |
---|---|
10 Years: | -17% |
5 Years: | -4% |
3 Years: | 8% |
Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
57 | 57 | 57 | 57 | 57 | 57 | 57 | 60 | 69 | 69 | 69 | 69 | |
Reserves | 1,201 | 1,502 | 1,175 | 745 | 299 | 293 | 322 | 365 | 251 | 271 | 207 | 1,342 |
2,099 | 2,717 | 3,240 | 3,671 | 3,221 | 3,095 | 2,970 | 2,721 | 2,470 | 2,303 | 2,124 | 1,650 | |
2,428 | 2,451 | 1,956 | 2,062 | 1,798 | 2,130 | 1,647 | 1,470 | 1,517 | 1,734 | 2,153 | 1,589 | |
Total Liabilities | 5,785 | 6,727 | 6,429 | 6,535 | 5,374 | 5,576 | 4,996 | 4,616 | 4,308 | 4,377 | 4,552 | 4,651 |
581 | 564 | 1,465 | 1,315 | 354 | 303 | 298 | 280 | 239 | 202 | 265 | 332 | |
CWIP | 417 | 807 | 27 | 11 | 4 | 4 | 16 | 0 | 1 | 28 | 28 | 58 |
Investments | 91 | 107 | 111 | 105 | 198 | 170 | 138 | 6 | 6 | 7 | 7 | 7 |
4,696 | 5,249 | 4,826 | 5,104 | 4,819 | 5,098 | 4,545 | 4,330 | 4,062 | 4,141 | 4,252 | 4,255 | |
Total Assets | 5,785 | 6,727 | 6,429 | 6,535 | 5,374 | 5,576 | 4,996 | 4,616 | 4,308 | 4,377 | 4,552 | 4,651 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-282 | -118 | -376 | 149 | -160 | 350 | 421 | 404 | 263 | 222 | 278 | ||
-383 | -429 | -153 | 29 | 75 | 78 | -21 | 106 | 30 | 1 | -85 | ||
556 | 540 | 533 | -158 | 110 | -491 | -421 | -477 | -195 | -227 | -327 | ||
Net Cash Flow | -109 | -8 | 4 | 20 | 25 | -63 | -21 | 33 | 98 | -3 | -135 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 148 | 149 | 151 | 217 | 180 | 253 | 218 | 126 | 96 | 115 | 111 | 81 |
Inventory Days | 454 | 3,248 | 1,174 | |||||||||
Days Payable | 538 | 3,493 | 1,482 | |||||||||
Cash Conversion Cycle | 64 | 149 | 151 | -28 | -128 | 253 | 218 | 126 | 96 | 115 | 111 | 81 |
Working Capital Days | 114 | 150 | 210 | 147 | 143 | 60 | 64 | 33 | -36 | -53 | 26 | 25 |
ROCE % | 21% | 14% | -6% | -4% | 9% | 11% | 14% | 12% | 3% | 9% | 20% | 17% |
Documents
Announcements
- Board Meeting Outcome for OUTCOME OF BOARD MEETING 30 May
- Outcome Of Board Meeting Under Regulation 30 And Financial Results Under Regulation 33 Of SEBI (LODR) 2015 30 May
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Compliances-Reg.24(A)-Annual Secretarial Compliance
26 May - Duly amended read with SEBI Circular dated February 08, 2019, please find enclosed Report on Annual Secretarial Compliances Report for the Financial Year ended 31st …
- Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29 Of SEBI (LODR), 2015 23 May
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Intimation Regarding Large Corporate Entity
28 Apr - With reference to SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018 in respect of fund raising by issuance of Debt Securities by Large Corporate (LC) and disclosure compliances …
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Segments
EPC Business: The Co operates the EPC business in the following sectors: Water and Waste Water projects such as water treatment plants etc, Roads & Bridges projects such as highways, bridges, expressways, etc, Building Construction such as commercial, residential, public, institutional/corporate buildings, etc, and Irrigation projects such as cross drainage work, barrages, etc.
Developer Business: The Co’s development projects are usually undertaken on a PPP basis with the government and are typically awarded after qualifying through a competitive bidding process. The Co’s developer business segment includes Industrial Parks, Transportation, Integrated Townships, and Energy. [1]