Shradha Infraprojects Ltd
Incorporated in 1987, Shradha Infraprojects
Ltd is in the business of offering building and engineering services[1]
- Market Cap ₹ 343 Cr.
- Current Price ₹ 42.4
- High / Low ₹ 89.1 / 41.0
- Stock P/E 27.5
- Book Value ₹ 10.0
- Dividend Yield 1.18 %
- ROCE 18.0 %
- ROE 13.5 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 44.3% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 28.0%
Cons
- Stock is trading at 4.23 times its book value
- Company has a low return on equity of 9.58% over last 3 years.
- Earnings include an other income of Rs.9.62 Cr.
- Company has high debtors of 190 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
Consumer Discretionary Realty Realty Residential, Commercial Projects
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2 | 2 | 27 | 37 | 8 | 2 | -0 | 0 | 1 | 1 | 13 | 16 | 15 | |
| 1 | 0 | 16 | 35 | 6 | 2 | 0 | 1 | 2 | 2 | 9 | 8 | 8 | |
| Operating Profit | 1 | 1 | 11 | 2 | 2 | 0 | -0 | -1 | -1 | -1 | 4 | 8 | 7 |
| OPM % | 62% | 86% | 42% | 5% | 23% | 3% | -1,075% | -147% | -74% | 34% | 51% | 45% | |
| 0 | 0 | 1 | 3 | 3 | 3 | 3 | 3 | 3 | 9 | 6 | 5 | 10 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | 1 | 1 | 12 | 5 | 4 | 3 | 2 | 2 | 1 | 8 | 11 | 13 | 16 |
| Tax % | 26% | 22% | 27% | 13% | 19% | 25% | 25% | 22% | 12% | 18% | 10% | 28% | |
| 1 | 1 | 9 | 4 | 3 | 2 | 2 | 1 | 1 | 7 | 9 | 10 | 12 | |
| EPS in Rs | 3.74 | 0.38 | 3.60 | 1.86 | 0.43 | 0.30 | 0.19 | 0.17 | 0.15 | 0.85 | 1.17 | 1.20 | 1.54 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 20% | 0% | 0% | 0% | 37% | 21% | 26% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 26% |
| 5 Years: | % |
| 3 Years: | 186% |
| TTM: | -20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 27% |
| 5 Years: | 44% |
| 3 Years: | 127% |
| TTM: | -9% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 33% |
| 3 Years: | 54% |
| 1 Year: | -39% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 7% |
| 3 Years: | 10% |
| Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.29 | 0.29 | 0.29 | 0.29 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 38 | 36 | 44 | 34 | 42 | 45 | 45 | 43 | 44 | 49 | 58 | 66 | 71 |
| 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 1 | 5 | 5 | |
| 16 | 22 | 34 | 10 | 3 | 1 | 1 | 1 | 2 | 2 | 5 | 8 | 5 | |
| Total Liabilities | 54 | 61 | 78 | 44 | 54 | 55 | 56 | 54 | 56 | 66 | 75 | 89 | 91 |
| 33 | 28 | 27 | 12 | 12 | 12 | 12 | 8 | 8 | 7 | 7 | 17 | 17 | |
| CWIP | 4 | 0 | 0 | 0 | 0 | 0 | 2 | 4 | 7 | 8 | 9 | 0 | 0 |
| Investments | 1 | 2 | 2 | 2 | 15 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
| 16 | 31 | 49 | 30 | 28 | 24 | 22 | 23 | 22 | 31 | 39 | 52 | 55 | |
| Total Assets | 54 | 61 | 78 | 44 | 54 | 55 | 56 | 54 | 56 | 66 | 75 | 89 | 91 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -16 | 1 | 0 | 1 | 0 | 1 | -9 | -5 | 2 | -5 | |||
| 4 | -0 | -13 | -3 | 0 | -2 | 9 | 2 | 3 | 4 | |||
| 10 | 0 | 14 | 0 | -1 | -0 | -0 | 3 | -4 | 1 | |||
| Net Cash Flow | -1 | 1 | 1 | -2 | 0 | -0 | -0 | 0 | -0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 5 | 27 | 9 | 5 | 28 | 54 | -8,395 | 639 | 344 | 154 | 9 | 190 |
| Inventory Days | 132 | 139 | 283 | -34,675 | 4,334 | 6,928 | ||||||
| Days Payable | 127 | 0 | 9 | 411 | 582 | |||||||
| Cash Conversion Cycle | 5 | 27 | 9 | 9 | 167 | 328 | -43,070 | 4,562 | 344 | 154 | 6,356 | 190 |
| Working Capital Days | 1,983 | 1,387 | 51 | 14 | 1,054 | 4,722 | 775,625 | 99,189 | 10,476 | 8,538 | 929 | 876 |
| ROCE % | 3% | 29% | 12% | 10% | 5% | 4% | 3% | 2% | 6% | 9% | 18% |
Documents
Announcements
-
Outcome of Board Meeting
3 December 2025 - Board approved up to Rs.3.00 Crore related-party preference acquisition; EGM on 27 Dec 2025 to approve name change.
-
Outcome of Board Meeting
3 December 2025 - Board approved name-change proposal; approved up to Rs.3.00 Crore related-party preference investment; EGM 27 Dec 2025.
-
General Updates
3 December 2025 - ROC approved reservation of 'Shradha Realty Limited' on 03-Dec-2025; shareholders' and ROC final approvals pending.
-
Outcome of Board Meeting
11 November 2025 - Board approved Q2/H1 results; authorised up to Rs11.60 Crore preference investment in subsidiary; office shift Jan 1, 2026.
-
Outcome of Board Meeting
11 November 2025 - Board approved Q2/H1 unaudited results; office shift Jan 1, 2026; up to Rs11.60 Crore preference investment.
Business Overview:[1][2]
SIPL is a real estate infrastructure development company that has worked on various construction projects viz. highways, bridges,
water supply and distribution, renewable energy, real estate, civil work, and urban development.