Simplex Infrastructures Ltd

Simplex Infrastructures Ltd

₹ 149 1.99%
19 Apr - close price
About

Simplex Infrastructures Ltd is a diversified Infrastructure Company, executing projects in several verticals like Piling, Energy and Power, Building & Housing, Marine, Roads and Highways, Railways, Urban infrastructures, etc [1]

Key Points

Business Segments
Roads, Railways & Bridges - Rail infrastructure, tracks, station buildings, bridges, and culverts.
Buildings - Construction of multi-storeyed residential towers, institutional/IT Buildings, hotels, hospitals, and mass housing projects.
Industry - It is involved in designing the engineering of CFR Tanks, Raw Water Intake & delivery systems. And other segments like Power & Transmission, Marine, Ground Engineering, Urban Infra, etc [1]

  • Market Cap 849 Cr.
  • Current Price 149
  • High / Low 149 / 29.8
  • Stock P/E
  • Book Value 25.6
  • Dividend Yield 0.00 %
  • ROCE -0.67 %
  • ROE -100 %
  • Face Value 2.00

Pros

Cons

  • Stock is trading at 5.79 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -20.1% over past five years.
  • Company has a low return on equity of -50.5% over last 3 years.
  • Contingent liabilities of Rs.905 Cr.
  • Earnings include an other income of Rs.15.3 Cr.
  • Company has high debtors of 268 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
670 691 453 535 485 574 498 481 421 473 399 312 316
647 659 435 512 498 591 508 478 417 460 388 307 308
Operating Profit 23 32 18 22 -13 -17 -9 3 4 14 11 6 9
OPM % 3% 5% 4% 4% -3% -3% -2% 1% 1% 3% 3% 2% 3%
9 30 14 9 14 10 62 15 6 5 1 6 4
Interest 158 196 162 201 199 194 202 204 199 234 222 5 115
Depreciation 31 30 28 27 26 24 23 22 21 20 19 17 17
Profit before tax -156 -163 -158 -196 -223 -225 -172 -207 -211 -235 -229 -11 -120
Tax % 35% 29% 34% 35% 34% 34% 41% 34% 35% 59% 35% 33% 35%
-102 -117 -104 -128 -148 -148 -101 -136 -137 -97 -150 -7 -79
EPS in Rs -17.83 -20.38 -18.15 -22.31 -25.96 -26.00 -17.63 -23.80 -24.02 -16.95 -26.30 -1.27 -13.80
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
6,010 5,897 5,615 6,202 5,894 5,612 5,767 6,117 4,026 2,200 2,047 1,874 1,501
5,552 5,431 5,095 5,600 5,184 4,972 5,119 5,408 3,921 2,193 2,033 1,862 1,462
Operating Profit 458 466 520 603 710 640 648 709 105 7 14 12 39
OPM % 8% 8% 9% 10% 12% 11% 11% 12% 3% 0% 1% 1% 3%
20 42 41 32 73 157 134 113 67 59 44 88 15
Interest 232 290 335 393 429 445 452 471 517 644 755 839 576
Depreciation 119 135 140 154 206 199 184 168 138 125 105 86 74
Profit before tax 127 83 86 87 149 153 147 183 -483 -702 -801 -825 -596
Tax % 35% 37% 31% 39% 29% 12% 23% 33% 34% 33% 34% 43%
82 52 59 53 105 134 113 122 -321 -469 -527 -471 -333
EPS in Rs 16.91 10.76 11.82 11.59 21.75 27.65 22.81 21.40 -56.14 -82.13 -92.42 -82.41 -58.32
Dividend Payout % 12% 9% 4% 4% 2% 2% 2% 2% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -11%
5 Years: -20%
3 Years: -23%
TTM: -24%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -26%
TTM: 36%
Stock Price CAGR
10 Years: -2%
5 Years: -3%
3 Years: 74%
1 Year: 305%
Return on Equity
10 Years: -9%
5 Years: -26%
3 Years: -50%
Last Year: -100%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 10 10 10 10 10 10 10 11 11 11 11 11 11
Reserves 1,196 1,291 1,424 1,472 1,400 1,522 1,621 1,993 1,755 1,255 738 289 135
2,132 2,678 2,931 3,369 3,399 3,325 3,537 3,448 3,873 4,608 5,354 5,984 6,297
2,947 3,174 3,148 3,648 3,098 3,565 4,041 4,142 3,662 3,441 3,765 4,088 4,101
Total Liabilities 6,285 7,152 7,512 8,498 7,907 8,423 9,208 9,594 9,302 9,316 9,868 10,373 10,544
1,279 1,235 1,196 1,239 1,288 1,179 1,102 1,022 891 745 627 531 490
CWIP 44 43 105 8 15 15 13 12 9 3 2 2 2
Investments 54 110 136 147 116 112 109 105 90 82 53 7 8
4,908 5,764 6,076 7,104 6,487 7,117 7,984 8,455 8,311 8,486 9,185 9,832 10,045
Total Assets 6,285 7,152 7,512 8,498 7,907 8,423 9,208 9,594 9,302 9,316 9,868 10,373 10,544

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
46 -129 245 2 520 673 401 33 -19 -483 -447 -432
-256 -96 -125 -134 -213 -134 -164 -70 72 78 22 206
194 237 -106 71 -318 -514 -179 32 -88 385 404 259
Net Cash Flow -17 12 15 -60 -10 25 58 -6 -34 -20 -20 33

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 103 143 140 140 80 99 92 84 130 219 245 268
Inventory Days 139 129 170 183 137 165 145 134 148 204 297 270
Days Payable 255 267 333 359 283 379 382 376 498 717 1,204 1,338
Cash Conversion Cycle -13 5 -22 -36 -66 -114 -145 -159 -220 -294 -662 -801
Working Capital Days 115 156 187 207 211 231 244 247 375 760 839 928
ROCE % 12% 10% 10% 11% 12% 12% 12% 12% 0% -1% -1% -1%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
49.83% 49.83% 49.83% 49.83% 49.82% 49.82% 49.82% 49.82% 49.82% 49.82% 49.82% 49.82%
1.15% 0.42% 0.45% 0.47% 0.40% 0.42% 0.42% 0.26% 0.35% 0.35% 0.35% 0.35%
8.84% 8.83% 8.84% 8.84% 8.84% 8.84% 8.84% 8.84% 8.84% 0.94% 0.94% 0.94%
40.19% 40.92% 40.89% 40.87% 40.94% 40.92% 40.91% 41.08% 40.99% 48.88% 48.89% 48.89%
No. of Shareholders 22,37421,54220,78820,76019,11718,69318,71119,37619,43219,31017,34516,590

* 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.

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