SREI Infrastructure Finance Ltd

₹ 2.10 5.00%

11 Aug 2023

About

SREI Infrastructure Finance was registered as a NBFC in 1998 and subsequently classified as Infrastructure Finance Company in 2010. The company is in Fee based activities primarily focussed on Infrastructure Project Advisory and Financial Solutions Advisory. It was subsequently classified as Infrastructure Finance Company. ^[1]^[2]

Key Points

Market Position^[1]
The distribution is carried out by its 78 branches across 21 states and 272 Vendor & Manufacturer partnerships.

Website BSE

Market Cap ₹ 106 Cr.
Current Price ₹ 2.10
High / Low ₹ 2.57 / 1.85
Stock P/E
Book Value ₹ -0.47
Dividend Yield 0.00 %
ROCE -0.66 %
ROE %
Face Value ₹ 10.0

Add ratio to table

Edit ratios

Pros

Cons

Company has low interest coverage ratio.
The company has delivered a poor sales growth of -59.4% over past five years.
Contingent liabilities of Rs.36.5 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: Finance Industry: Finance & Investments

Edit Columns

Loading peers table ...

Detailed Comparison with:

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
	11.86	-7.21	8.90	5.24	8.99	6.40	7.08	5.40	5.55	3.31	5.06	2.73	2.33
	6.73	18.81	13.96	7.47	12.31	8.29	10.05	8.31	3.22	3.44	6.68	3.45	6.10
Operating Profit	5.13	-26.02	-5.06	-2.23	-3.32	-1.89	-2.97	-2.91	2.33	-0.13	-1.62	-0.72	-3.77
OPM %	43.25%		-56.85%	-42.56%	-36.93%	-29.53%	-41.95%	-53.89%	41.98%	-3.93%	-32.02%	-26.37%	-161.80%
	0.07	2.33	-3,098.85	0.02	1.52	2.92	0.13	0.00	0.03	0.01	2.07	0.00	0.00
Interest	0.99	8.24	6.49	0.54	0.57	0.47	0.00	0.00	0.01	0.00	0.18	0.00	0.01
Depreciation	1.94	1.92	1.93	1.85	1.84	1.85	0.59	0.59	0.59	0.59	0.58	0.58	0.58
Profit before tax	2.27	-33.85	-3,112.33	-4.60	-4.21	-1.29	-3.43	-3.50	1.76	-0.71	-0.31	-1.30	-4.36
Tax %	28.63%	11.08%	6.22%	0.00%	438.00%	0.00%	315.45%	0.00%	0.00%	0.00%	-16.13%	0.00%	0.00%
	1.62	-30.10	-2,918.73	-4.60	14.23	-1.29	7.39	-3.50	1.76	-0.71	-0.36	-1.30	-4.36
EPS in Rs	0.03	-0.60	-58.02	-0.09	0.28	-0.03	0.15	-0.07	0.03	-0.01	-0.01	-0.03	-0.09
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
	1,176.78	1,661.76	1,800.21	1,896.09	1,891.35	2,291.97	1,897.89	80.65	94.62	49.81	29.78	20.81	13.43
	107.97	142.37	156.32	220.43	177.84	662.98	379.79	31.73	37.41	44.63	38.12	21.65	19.67
Operating Profit	1,068.81	1,519.39	1,643.89	1,675.66	1,713.51	1,628.99	1,518.10	48.92	57.21	5.18	-8.34	-0.84	-6.24
OPM %	90.82%	91.43%	91.32%	88.37%	90.60%	71.07%	79.99%	60.66%	60.46%	10.40%	-28.01%	-4.04%	-46.46%
	3.38	4.39	5.64	3.89	4.98	7.65	4.39	11.37	19.84	-3,104.35	2.52	0.62	2.08
Interest	948.00	1,357.41	1,535.78	1,520.84	1,585.51	1,436.71	1,340.93	96.64	86.81	32.82	1.58	0.19	0.19
Depreciation	15.40	30.96	26.12	39.19	51.56	51.57	53.28	3.14	8.00	7.73	6.13	2.35	2.33
Profit before tax	108.79	135.41	87.63	119.52	81.42	148.36	128.28	-39.49	-17.76	-3,139.72	-13.53	-2.76	-6.68
Tax %	46.72%	29.87%	32.31%	23.92%	29.50%	35.25%	29.51%	339.73%	176.35%	6.21%	216.26%	-1.81%
	57.96	94.96	59.32	90.93	57.40	96.07	90.42	94.67	13.56	-2,944.72	15.73	-2.81	-6.73
EPS in Rs	1.15	1.89	1.18	1.81	1.14	1.91	1.80	1.88	0.27	-58.53	0.31	-0.06	-0.14
Dividend Payout %	43.41%	26.50%	42.42%	27.67%	43.84%	26.19%	27.83%	26.58%	0.00%	0.00%	0.00%	0.00%

Compounded Sales Growth
10 Years:	-35%
5 Years:	-59%
3 Years:	-40%
TTM:	-45%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	-254%

Stock Price CAGR
10 Years:	-25%
5 Years:	-40%
3 Years:	-34%
1 Year:	-13%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	%

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	503.24	503.24	503.24	503.24	503.24	503.24	503.24	503.24	503.09	503.09	503.09	503.09	503.09
Reserves	2,078.77	2,144.30	2,174.19	2,234.78	2,261.90	2,361.74	2,576.54	2,483.84	2,339.58	-465.87	-777.21	-623.76	-526.61
	9,847.32	11,178.41	12,960.13	13,696.00	14,599.17	13,184.07	13,932.85	12,485.76	836.97	630.49	587.25	586.73	586.72
	273.94	399.84	416.21	480.37	490.03	472.30	1,121.82	105.10	180.98	189.78	176.72	167.99	164.52
Total Liabilities	12,703.27	14,225.79	16,053.77	16,914.39	17,854.34	16,521.35	18,134.45	15,577.94	3,860.62	857.49	489.85	634.05	727.72
	435.93	498.73	539.99	644.63	640.55	635.81	607.75	499.34	120.31	114.34	94.25	91.89	90.75
CWIP	62.78	56.27	31.20	57.23	64.25	10.52	5.37	4.89	0.00	0.00	0.00	0.00	0.00
Investments	2,644.13	3,087.37	3,026.23	2,838.51	2,768.60	2,036.66	4,088.04	4,182.08	3,553.01	611.85	284.46	440.48	543.29
	9,560.43	10,583.42	12,456.35	13,374.02	14,380.94	13,838.36	13,433.29	10,891.63	187.30	131.30	111.14	101.68	93.68
Total Assets	12,703.27	14,225.79	16,053.77	16,914.39	17,854.34	16,521.35	18,134.45	15,577.94	3,860.62	857.49	489.85	634.05	727.72

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
	-4,141.35	-1,200.82	-1,612.18	-495.47	-986.76	572.95	-1,058.95	1,667.90	-742.63	198.17	16.98	26.71
	-229.31	-201.86	-10.30	-142.03	11.98	1,031.30	328.16	-165.55	6.34	12.13	0.08	0.00
	4,491.10	1,301.85	1,752.26	706.45	872.89	-1,445.39	765.21	-1,722.89	656.07	-203.77	-23.37	-0.52
Net Cash Flow	120.44	-100.83	129.78	68.95	-101.89	158.86	34.42	-220.54	-80.22	6.53	-6.31	26.19

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	10.41	27.18	29.58	38.89	5.94	4.07	4.24	767.43	92.16	88.23	132.13	116.29
Inventory Days
Days Payable
Cash Conversion Cycle	10.41	27.18	29.58	38.89	5.94	4.07	4.24	767.43	92.16	88.23	132.13	116.29
Working Capital Days	1,743.39	621.26	611.82	464.97	400.48	406.16	-104.85	4,629.73	577.36	-701.79	-969.62	-1,861.83
ROCE %	10.43%	11.37%	11.02%	10.23%	9.86%	9.49%	8.89%	0.35%	0.72%	-0.11%	-2.44%	-0.66%

Shareholding Pattern

Numbers in percentages

	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023
	60.80%	60.80%	60.80%	60.80%	60.80%	60.80%	60.80%	60.79%	60.79%	60.79%	60.79%	60.79%
	0.96%	0.96%	0.96%	0.96%	0.09%	0.09%	0.09%	0.10%	0.09%	0.09%	0.09%	0.09%
	38.24%	38.24%	38.24%	38.24%	39.11%	39.11%	39.11%	39.12%	39.12%	39.12%	39.12%	39.12%
No. of Shareholders	85,656	85,542	1,08,009	1,02,464	1,08,528	1,14,861	1,12,296	1,11,385	1,09,419	1,09,341	1,06,997	1,05,256

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
	60.80%	60.80%	60.80%	60.80%	60.80%	60.80%	60.79%	60.79%
	21.32%	12.69%	12.78%	8.16%	0.96%	0.09%	0.09%	0.09%
	1.30%	10.56%	1.83%	0.01%	0.00%	0.00%	0.00%	0.00%
	16.59%	15.95%	24.59%	31.03%	38.24%	39.11%	39.12%	39.12%
No. of Shareholders	51,373	64,838	72,422	73,159	85,542	1,14,861	1,09,341	1,05,256

* 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

Announcements

All

Annual reports

Credit ratings

Concalls

Nov 2019
Transcript
PPT
Feb 2019
Transcript
PPT
Jan 2019
Transcript
PPT
Nov 2018
Transcript
PPT
Sep 2018
Transcript PPT
Oct 2017
Transcript
PPT
Jul 2017
Transcript
PPT
Feb 2017
Transcript
PPT
Nov 2016
Transcript
PPT
Aug 2016
Transcript
PPT
May 2016
Transcript
PPT
Feb 2016
Transcript
PPT
Jan 2016
Transcript
PPT