Rachana Infrastructure Ltd
Incorporated in 2001, Rachana Infrastructure
Ltd is in business of Infrastructure Projects
and Quarry Mining and Trading[1]
- Market Cap ₹ 114 Cr.
- Current Price ₹ 61.4
- High / Low ₹ 108 / 27.0
- Stock P/E 32.9
- Book Value ₹ 50.4
- Dividend Yield 0.00 %
- ROCE 6.58 %
- ROE 3.77 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -3.98% over past five years.
- Company has a low return on equity of 3.69% over last 3 years.
- Earnings include an other income of Rs.2.41 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: Infrastructure Developers & Operators 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 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
47.63 | 51.71 | 112.10 | 154.38 | 103.79 | 63.20 | 63.52 | 91.48 | |
40.91 | 43.98 | 96.79 | 140.56 | 94.41 | 57.08 | 57.49 | 84.30 | |
Operating Profit | 6.72 | 7.73 | 15.31 | 13.82 | 9.38 | 6.12 | 6.03 | 7.18 |
OPM % | 14.11% | 14.95% | 13.66% | 8.95% | 9.04% | 9.68% | 9.49% | 7.85% |
1.54 | 2.48 | 1.83 | 3.88 | 3.26 | 2.80 | 1.70 | 2.41 | |
Interest | 3.32 | 3.25 | 6.47 | 5.68 | 5.03 | 3.94 | 2.83 | 2.59 |
Depreciation | 3.23 | 3.18 | 4.49 | 3.80 | 2.29 | 2.05 | 1.86 | 2.46 |
Profit before tax | 1.71 | 3.78 | 6.18 | 8.22 | 5.32 | 2.93 | 3.04 | 4.54 |
Tax % | 30.41% | 32.28% | 24.60% | 27.37% | 11.65% | 24.91% | 25.66% | 20.04% |
1.18 | 2.56 | 4.66 | 5.97 | 4.70 | 2.21 | 2.26 | 3.63 | |
EPS in Rs | 2.58 | 5.05 | 8.86 | 11.35 | 8.94 | 1.40 | 1.21 | 1.95 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | -4% |
3 Years: | -4% |
TTM: | 44% |
Compounded Profit Growth | |
---|---|
10 Years: | 11% |
5 Years: | -6% |
3 Years: | -3% |
TTM: | 58% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -38% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | 4% |
Last Year: | 4% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 4.57 | 5.07 | 5.26 | 5.26 | 5.26 | 15.78 | 18.61 | 18.61 |
Reserves | 20.65 | 22.87 | 23.18 | 29.29 | 46.29 | 34.12 | 71.63 | 75.20 |
27.03 | 22.35 | 35.02 | 32.94 | 31.60 | 28.86 | 12.71 | 13.33 | |
10.43 | 13.45 | 16.35 | 38.70 | 9.52 | 25.10 | 12.04 | 19.32 | |
Total Liabilities | 62.68 | 63.74 | 79.81 | 106.19 | 92.67 | 103.86 | 114.99 | 126.46 |
37.62 | 34.03 | 18.04 | 14.59 | 10.50 | 10.75 | 27.09 | 29.10 | |
CWIP | 0.00 | 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 | 0.32 | 0.34 |
25.06 | 29.71 | 52.10 | 81.91 | 60.23 | 75.21 | 87.58 | 97.02 | |
Total Assets | 62.68 | 63.74 | 79.81 | 106.19 | 92.67 | 103.86 | 114.99 | 126.46 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
5.46 | 6.68 | 8.63 | -2.54 | 3.05 | 6.35 | -7.87 | 11.46 | |
-6.31 | 0.97 | -3.71 | -0.23 | 2.90 | -2.16 | -10.07 | -3.56 | |
0.24 | -7.56 | -3.56 | 1.61 | -6.06 | -3.83 | 18.54 | -4.55 | |
Net Cash Flow | -0.61 | 0.09 | 1.36 | -1.16 | -0.12 | 0.35 | 0.61 | 3.35 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 135.03 | 139.55 | 76.74 | 103.44 | 80.53 | 101.13 | 125.96 | 102.18 |
Inventory Days | 6.89 | 6.19 | 24.36 | 79.96 | 181.33 | |||
Days Payable | 250.76 | 284.58 | 18.65 | 95.22 | 633.97 | |||
Cash Conversion Cycle | -108.84 | -138.84 | 82.45 | 103.44 | 80.53 | 101.13 | 110.70 | -350.45 |
Working Capital Days | 22.99 | 32.12 | 47.24 | 58.47 | 118.72 | 174.65 | 313.46 | 224.27 |
ROCE % | 12.39% | 21.46% | 12.23% | 8.45% | 6.36% | 6.58% |
Documents
Announcements
-
Copy of Newspaper Publication
5 September 2024 - Rachana Infrastructure Limited has informed about Copy of Newspaper Publication for AGM to be held through VC/OAVM
-
Resignation of Statutory Auditor
5 September 2024 - RACHANA INFRASTRUCTURE LIMITED has informed about Resignation of Statutory Auditor
-
Updates
5 September 2024 - Rachana Infrastructure Limited has informed regarding 'Revision of announcement filed dated 02nd Septemper,2024 regarding Resignation of Statutory Auditor'.
-
Copy of Newspaper Publication
4 September 2024 - Rachana Infrastructure Limited has informed about Copy of Newspaper Publication
-
Notice Of Shareholders Meetings-XBRL
4 September 2024 - RACHANA INFRASTRUCTURE LIMITED has informed about Notice of Shareholders Meeting for Annual General Meeting to be held on 26-Sep-2024
Business Overview:[1][2]
Company is an NSE SME Listed company, certified under ISO 9001:2008 and registered as AA” CLASS & Special Cat. I (Roads) with Govt. of Gujarat, engaged in the business of Construction of Road projects on a Bill of Quantities (BOQ) and EPC and provides services of Road work, Area Grading Work and Canal Work, etc. It got contracts from the Government (Zilla Panchayat) at a very small scale. In addition, company got sub contracts from the infrastructure Companies from Gujarat, Madhya Pradesh, Maharashtra, etc. for construction of Buildings, Road Construction, Irrigation, Hydro power Project and Mining