Flying rocket

Setubandhan Infrastructure Ltd

Setubandhan Infrastructure Ltd

₹ 0.92 4.55%
01 Nov - close price
About

Incorporated in 1996, Setubandhan Infrastructure Ltd is engaged in construction for government and semi-government authorities, private bodies and real estate development.

Key Points

Services Offered:[1]
a) Infrastructure development; including construction and maintenance of roads / highways, bridges, including projects on public private partnership (PPP) model, industrial parks, work-shops, hospitals, educational institutions.
b) Civil construction viz., Government staff quarters, hostel buildings and auditoriums.
c) Residential and commercial real estate construction.
d) Company provides integrated engineering, procurement and construction services
e) Carries out construction of buildings on own account basis or on a fee or contract basis/Project Supply

  • Market Cap 11.6 Cr.
  • Current Price 0.92
  • High / Low 1.16 / 0.55
  • Stock P/E
  • Book Value -4.81
  • Dividend Yield 0.00 %
  • ROCE 0.39 %
  • ROE 0.06 %
  • Face Value 1.00

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -50.4% over past five years.
  • Promoter holding is low: 27.4%
  • Company has a low return on equity of -19.8% over last 3 years.
  • Company has high debtors of 651 days.
  • Working capital days have increased from 1,117 days to 2,602 days

* 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

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
6.66 8.09 22.95 66.54 6.73 12.27 5.13 1.32 2.76 4.41 0.00 0.00 0.00
7.78 7.87 24.96 69.79 8.51 12.22 5.03 1.41 2.06 4.01 0.09 0.19 0.19
Operating Profit -1.12 0.22 -2.01 -3.25 -1.78 0.05 0.10 -0.09 0.70 0.40 -0.09 -0.19 -0.19
OPM % -16.82% 2.72% -8.76% -4.88% -26.45% 0.41% 1.95% -6.82% 25.36% 9.07%
0.10 -0.01 0.31 0.11 0.06 0.03 0.08 0.05 0.41 0.08 0.00 0.01 0.01
Interest 0.03 0.00 0.10 0.00 0.06 0.02 -0.08 0.00 0.00 0.00 0.01 0.00 0.00
Depreciation 0.28 0.27 0.34 0.25 0.25 0.25 0.29 0.23 0.23 0.33 0.20 0.20 0.20
Profit before tax -1.33 -0.06 -2.14 -3.39 -2.03 -0.19 -0.03 -0.27 0.88 0.15 -0.30 -0.38 -0.38
Tax % 0.00% 0.00% 12.15% 3.83% -3.45% -26.32% 1,566.67% 40.74% 12.50% 66.67% 36.67% 26.32% 23.68%
-1.33 -0.07 -2.41 -3.52 -1.97 -0.14 -0.51 -0.38 0.77 0.05 -0.41 -0.48 -0.47
EPS in Rs -0.11 -0.01 -0.19 -0.28 -0.16 -0.01 -0.04 -0.03 0.06 0.00 -0.03 -0.04 -0.04
Raw PDF

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
151.67 165.62 147.57 127.44 179.61 204.14 283.49 258.06 130.34 46.10 90.67 8.50 4.41
141.13 159.06 136.60 119.12 166.44 194.15 266.66 250.00 171.24 72.24 95.48 7.58 4.48
Operating Profit 10.54 6.56 10.97 8.32 13.17 9.99 16.83 8.06 -40.90 -26.14 -4.81 0.92 -0.07
OPM % 6.95% 3.96% 7.43% 6.53% 7.33% 4.89% 5.94% 3.12% -31.38% -56.70% -5.30% 10.82% -1.59%
1.49 2.99 1.28 1.47 0.58 5.67 2.43 2.11 1.31 -0.26 0.27 0.54 0.10
Interest 2.19 3.66 3.95 4.29 5.86 6.09 6.90 8.13 2.88 0.16 0.06 0.01 0.01
Depreciation 0.43 0.58 0.63 0.51 0.51 0.95 2.03 1.97 1.36 1.16 1.05 0.99 0.93
Profit before tax 9.41 5.31 7.67 4.99 7.38 8.62 10.33 0.07 -43.83 -27.72 -5.65 0.46 -0.91
Tax % 34.01% 30.70% 32.33% 37.47% 34.42% 25.75% 31.56% -85.71% 0.57% 0.94% 8.50% 93.48%
6.21 3.67 5.20 3.12 4.83 6.40 7.06 0.13 -44.09 -27.98 -6.13 0.03 -1.31
EPS in Rs 0.49 0.29 0.41 0.25 0.38 0.51 0.56 0.01 -3.51 -2.23 -0.49 0.00 -0.11
Dividend Payout % 0.00% 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: -26%
5 Years: -50%
3 Years: -60%
TTM: -79%
Compounded Profit Growth
10 Years: -38%
5 Years: -66%
3 Years: 26%
TTM: -404%
Stock Price CAGR
10 Years: -10%
5 Years: -9%
3 Years: -11%
1 Year: 15%
Return on Equity
10 Years: -6%
5 Years: -19%
3 Years: -20%
Last Year: 0%

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 12.57 12.57 12.57 12.57 12.57 12.57 12.57 12.57 12.57 12.57 12.57 12.57 12.57
Reserves 83.98 87.65 92.84 95.96 100.80 106.45 113.47 113.63 69.96 42.03 35.90 35.94 -73.03
15.11 25.00 17.29 27.26 25.85 36.34 37.70 42.70 68.06 71.24 71.24 71.24 160.20
35.14 36.32 42.39 74.87 67.91 84.45 80.11 86.79 38.79 34.34 52.93 49.09 68.51
Total Liabilities 146.80 161.54 165.09 210.66 207.13 239.81 243.85 255.69 189.38 160.18 172.64 168.84 168.25
2.37 3.18 2.82 2.38 8.59 16.65 17.13 13.37 31.36 30.18 29.13 28.14 27.74
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.67 1.19 2.16 0.00 0.00 0.00 0.00
Investments 4.42 2.22 3.79 9.96 11.27 2.67 0.64 0.92 1.02 0.42 0.43 0.42 0.42
140.01 156.14 158.48 198.32 187.27 220.49 225.41 240.21 154.84 129.58 143.08 140.28 140.09
Total Assets 146.80 161.54 165.09 210.66 207.13 239.81 243.85 255.69 189.38 160.18 172.64 168.84 168.25

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
-55.92 -0.33 4.97 -0.74 18.66 -7.41 4.69 -2.46 -4.39 -5.77 0.26 -0.47
-4.71 1.37 -1.48 -5.70 -7.58 0.14 -0.12 2.03 -19.43 2.84 0.02 -0.49
62.53 6.38 -11.60 5.77 -6.96 3.95 -4.50 -1.98 23.24 3.04 0.00 -0.01
Net Cash Flow 1.90 7.42 -8.11 -0.66 4.11 -3.31 0.06 -2.41 -0.57 0.11 0.28 -0.97

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 39.23 19.75 82.71 141.77 40.68 87.33 69.23 81.33 37.50 87.33 117.83 650.56
Inventory Days 1,044.53 1,450.10 1,223.80
Days Payable 664.21 1,216.49 70.32
Cash Conversion Cycle 39.23 19.75 463.03 141.77 40.68 87.33 69.23 314.94 37.50 1,240.82 117.83 650.56
Working Capital Days 175.56 168.04 213.08 272.52 180.64 195.95 157.22 190.38 221.85 518.68 229.74 2,601.81
ROCE % 16.01% 7.41% 9.39% 7.20% 9.65% 7.48% 10.40% 4.92% -25.44% -19.43% -4.55% 0.39%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
27.42% 27.42% 27.42% 27.42% 27.42% 27.42% 27.42% 27.42% 27.42% 27.42% 27.42% 27.42%
0.00% 0.00% 0.00% 0.00% 0.00% 1.01% 1.01% 0.00% 0.00% 0.00% 0.00% 0.00%
72.58% 72.58% 72.58% 72.58% 72.58% 71.58% 71.57% 72.58% 72.58% 72.58% 72.59% 72.58%
No. of Shareholders 15,96416,71917,73621,58422,00022,03222,98822,76622,65422,42222,29922,317

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents