Rachana Infrastructure Ltd
Incorporated in 2001, Rachana Infrastructure
Ltd is in business of Infrastructure Projects
and Quarry Mining and Trading[1]
- Market Cap ₹ 130 Cr.
- Current Price ₹ 70.0
- High / Low ₹ 119 / 27.0
- Stock P/E 35.9
- Book Value ₹ 50.4
- Dividend Yield 0.00 %
- ROCE 6.94 %
- ROE 4.02 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 78.7 to 55.3 days.
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 3.80% over last 3 years.
- Earnings include an other income of Rs.2.49 Cr.
* 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 | 84.38 | |
Operating Profit | 6.72 | 7.73 | 15.31 | 13.82 | 9.38 | 6.12 | 6.03 | 7.10 |
OPM % | 14.11% | 14.95% | 13.66% | 8.95% | 9.04% | 9.68% | 9.49% | 7.76% |
1.54 | 2.48 | 1.83 | 3.88 | 3.26 | 2.80 | 1.70 | 2.49 | |
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: | 12% |
5 Years: | -5% |
3 Years: | -1% |
TTM: | 66% |
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 | 12.43 | 15.42 | |
10.43 | 13.45 | 16.35 | 38.70 | 9.52 | 25.10 | 12.03 | 17.22 | |
Total Liabilities | 62.68 | 63.74 | 79.81 | 106.19 | 92.67 | 103.86 | 114.70 | 126.45 |
37.62 | 34.03 | 18.04 | 14.59 | 10.50 | 10.75 | 9.74 | 11.94 | |
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 | 17.67 | 17.49 |
25.06 | 29.71 | 52.10 | 81.91 | 60.23 | 75.21 | 87.29 | 97.02 | |
Total Assets | 62.68 | 63.74 | 79.81 | 106.19 | 92.67 | 103.86 | 114.70 | 126.45 |
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 | -7.90 | 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 | 18.29 | -4.55 | |
Net Cash Flow | -0.61 | 0.09 | 1.36 | -1.16 | -0.12 | 0.35 | 0.33 | 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 | 79.70 | |
Inventory Days | 6.89 | 6.19 | 24.36 | 79.96 | ||||
Days Payable | 250.76 | 284.58 | 18.65 | 94.61 | ||||
Cash Conversion Cycle | -108.84 | -138.84 | 82.45 | 103.44 | 80.53 | 101.13 | 65.05 | |
Working Capital Days | 22.99 | 32.12 | 47.24 | 58.47 | 118.72 | 174.65 | 272.49 | |
ROCE % | 12.39% | 21.46% | 12.23% | 8.45% | 6.37% |
Documents
Announcements
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
10 July 2024 - Rachana Infrastructure Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018
-
Updates
25 June 2024 - Rachana Infrastructure Limited has informed regarding Submission of Financial Result in Machine Readable Format ''.
-
Price movement
19 June 2024 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …
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Price movement
19 June 2024 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …
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Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
31 May 2024 - RACHANA INFRASTRUCTURE LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
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