Rachana Infrastructure Ltd
Rachana Infrastructure Limited offers infrastructure and civil construction services. Rachana Infrastructure is a mid-size private sector company engaged in the business of construction of roads and highways, irrigation, hydropower project, and mining and pipeline construction.[1]
- Market Cap ₹ 484 Cr.
- Current Price ₹ 260
- High / Low ₹ 1,250 / 138
- Stock P/E 214
- Book Value ₹ 48.5
- Dividend Yield 0.00 %
- ROCE 7.45 %
- ROE 4.53 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Stock is trading at 5.36 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 5.72% over last 3 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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
47.63 | 51.71 | 112.10 | 154.38 | 103.79 | 63.20 | 63.52 | |
40.91 | 43.98 | 96.79 | 140.56 | 94.41 | 57.08 | 57.50 | |
Operating Profit | 6.72 | 7.73 | 15.31 | 13.82 | 9.38 | 6.12 | 6.02 |
OPM % | 14.11% | 14.95% | 13.66% | 8.95% | 9.04% | 9.68% | 9.48% |
1.54 | 2.48 | 1.83 | 3.88 | 3.26 | 2.80 | 1.71 | |
Interest | 3.32 | 3.25 | 6.47 | 5.68 | 5.03 | 3.94 | 2.83 |
Depreciation | 3.23 | 3.18 | 4.49 | 3.80 | 2.29 | 2.05 | 1.86 |
Profit before tax | 1.71 | 3.78 | 6.18 | 8.22 | 5.32 | 2.93 | 3.04 |
Tax % | 30.41% | 32.28% | 24.60% | 27.37% | 11.65% | 24.91% | 25.66% |
Net Profit | 1.18 | 2.56 | 4.66 | 5.97 | 4.70 | 2.21 | 2.26 |
EPS in Rs | 2.58 | 5.05 | 8.86 | 11.35 | 8.94 | 1.40 | 1.21 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -26% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -28% |
TTM: | 3% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 6% |
Last Year: | 5% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
4.57 | 5.07 | 5.26 | 5.26 | 5.26 | 15.78 | 18.61 | |
Reserves | 20.65 | 22.87 | 23.18 | 29.29 | 46.29 | 34.12 | 71.63 |
27.03 | 22.35 | 35.02 | 32.94 | 31.60 | 28.86 | 17.12 | |
10.43 | 13.45 | 16.35 | 38.70 | 9.52 | 25.10 | 7.35 | |
Total Liabilities | 62.68 | 63.74 | 79.81 | 106.19 | 92.67 | 103.86 | 114.71 |
37.62 | 34.03 | 18.04 | 14.59 | 10.50 | 10.75 | 9.74 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 9.67 | 9.69 | 21.94 | 17.90 | 17.67 |
25.06 | 29.71 | 52.10 | 81.91 | 60.23 | 75.21 | 87.30 | |
Total Assets | 62.68 | 63.74 | 79.81 | 106.19 | 92.67 | 103.86 | 114.71 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
5.46 | 6.68 | 8.63 | -2.54 | 3.05 | 2.41 | -7.90 | |
-6.31 | 0.97 | -3.71 | -0.23 | 2.90 | -2.16 | -10.07 | |
0.24 | -7.56 | -3.56 | 1.61 | -6.06 | 0.11 | 18.29 | |
Net Cash Flow | -0.61 | 0.09 | 1.36 | -1.16 | -0.12 | 0.35 | 0.33 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
Debtor Days | 135.03 | 139.55 | 76.74 | 103.44 | 80.53 | 101.13 | |
Inventory Days | 6.89 | 6.19 | 24.36 | ||||
Days Payable | 250.76 | 284.58 | 18.65 | ||||
Cash Conversion Cycle | -108.84 | -138.84 | 82.45 | 103.44 | 80.53 | 101.13 | |
Working Capital Days | 22.99 | 32.12 | 47.24 | 58.47 | 118.72 | 174.65 | |
ROCE % | 12.39% | 21.46% | 12.23% | 8.45% |
Projects[1]
Roads and Highways, Pipeline, Irrigations, Buildings, Mining