Zandu Realty Ltd(Merged)

Zandu Realty Ltd(Merged)

₹ 1,902 2.74%
23 May 2018
About

Zandu Realty Limited is an India-based company, which is engaged in the construction and real estate development.

  • Market Cap 153 Cr.
  • Current Price 1,902
  • High / Low /
  • Stock P/E 24.3
  • Book Value 2,424
  • Dividend Yield 0.00 %
  • ROCE 3.93 %
  • ROE 2.63 %
  • Face Value 100

Pros

  • Company is almost debt free.
  • Stock is trading at 0.78 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -40.7% over past five years.
  • Company has a low return on equity of 12.8% over last 3 years.
  • Earnings include an other income of Rs.14.7 Cr.
  • Working capital days have increased from 1,019 days to 1,886 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: Realty Industry: Construction

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2014 Mar 2015 Jun 2015 Sep 2015 Dec 2015 Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017
4.10 5.67 2.20 3.34 0.95 2.17 1.01 4.12 0.00 0.00 0.00 0.05 0.05
10.08 5.65 2.68 3.90 2.10 3.41 2.07 4.86 1.48 0.43 1.06 0.51 1.12
Operating Profit -5.98 0.02 -0.48 -0.56 -1.15 -1.24 -1.06 -0.74 -1.48 -0.43 -1.06 -0.46 -1.07
OPM % -145.85% 0.35% -21.82% -16.77% -121.05% -57.14% -104.95% -17.96% -920.00% -2,140.00%
6.99 6.20 3.72 5.72 2.07 3.04 4.18 8.15 4.11 1.98 3.89 4.86 3.95
Interest 1.00 1.15 1.07 1.09 0.15 0.00 0.22 0.38 0.45 0.38 0.32 0.14 0.25
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.01 5.07 2.17 4.07 0.77 1.80 2.90 7.03 2.18 1.17 2.51 4.26 2.63
Tax % 1,300.00% 22.88% 21.20% 19.41% 23.38% 18.89% 31.38% 23.19% 35.32% 32.48% 45.82% 37.09% 42.97%
-0.12 3.91 1.71 3.28 0.59 1.47 1.98 5.40 1.42 0.78 1.36 2.68 1.50
EPS in Rs -1.50 48.88 21.38 41.00 7.38 18.38 24.75 67.50 17.75 9.75 17.00 33.50 18.75
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 TTM
112.98 127.59 134.82 86.37 0.00 0.00 70.00 0.00 29.04 86.91 8.67 5.13 0.10
96.17 108.70 112.59 71.20 0.94 0.64 141.43 3.56 6.59 89.93 12.07 8.85 3.12
Operating Profit 16.81 18.89 22.23 15.17 -0.94 -0.64 -71.43 -3.56 22.45 -3.02 -3.40 -3.72 -3.02
OPM % 14.88% 14.81% 16.49% 17.56% -102.04% 77.31% -3.47% -39.22% -72.51% -3,020.00%
4.63 5.27 5.09 7.63 2.26 1.45 4.61 5.68 27.44 86.76 14.54 11.68 14.68
Interest 0.41 0.40 0.40 0.24 0.00 0.00 0.00 0.00 0.34 2.16 2.32 1.42 1.09
Depreciation 3.47 3.10 2.62 1.45 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 17.56 20.66 24.30 21.11 1.32 0.81 -66.82 2.12 49.55 81.58 8.82 6.54 10.57
Tax % 30.92% 29.33% 32.47% 27.76% -5.30% -12.35% 5.18% 36.32% 22.44% 21.21% 20.07% 20.80%
12.13 14.60 16.41 15.25 1.39 0.91 -70.28 1.35 38.43 64.27 7.05 5.18 6.32
EPS in Rs 182.50 205.12 190.62 17.38 11.38 -878.50 16.88 480.38 803.38 88.12 64.75 79.00
Dividend Payout % 37.41% 49.68% 36.84% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -27%
5 Years: -41%
3 Years: -44%
TTM: -99%
Compounded Profit Growth
10 Years: -10%
5 Years: 16%
3 Years: -49%
TTM: -38%
Stock Price CAGR
10 Years: 2%
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: 5%
5 Years: 12%
3 Years: 13%
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017
Equity Capital 6.05 8.06 8.06 8.06 8.06 8.06 8.06 8.06 8.06 8.06 8.06 8.06
Reserves 56.14 60.41 69.58 14.95 16.34 262.23 191.95 193.30 204.99 188.69 188.37 189.42
0.39 0.20 0.16 0.00 0.00 0.00 0.00 0.00 0.00 35.00 0.00 11.40
21.16 22.65 27.40 1.12 1.08 1.23 3.74 0.71 56.03 0.59 1.03 0.45
Total Liabilities 83.74 91.32 105.20 24.13 25.48 271.52 203.75 202.07 269.08 232.34 197.46 209.33
23.78 20.95 18.00 0.02 6.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00
CWIP 0.00 14.88 26.19 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 11.37 6.68 12.03 22.49 1.46 0.01 0.01 91.51 125.21 135.21 140.09 182.37
48.59 48.81 48.98 1.62 18.00 271.51 203.74 110.56 143.87 97.13 57.37 26.96
Total Assets 83.74 91.32 105.20 24.13 25.48 271.52 203.75 202.07 269.08 232.34 197.46 209.33

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017
18.43 16.36 22.73 12.83 0.04 -1.36 72.22 -5.01 65.62 7.01 -3.02 5.95
-3.84 -9.18 -16.66 -16.85 0.29 2.27 -73.56 4.89 -62.72 -39.98 36.60 -15.98
-9.28 -7.52 -5.94 -2.29 0.12 0.00 0.00 0.00 -0.01 32.88 -36.90 10.06
Net Cash Flow 5.31 -0.34 0.13 -6.31 0.45 0.91 -1.34 -0.12 2.89 -0.09 -3.32 0.03

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017
Debtor Days 18.29 9.96 9.10 0.00 0.00 57.44 14.11 132.61 0.00
Inventory Days 164.25 133.22 104.86 0.00 292.16 15,545.29 7,960.51 95.89 683.59 855.98
Days Payable 111.80 79.82 73.89 0.39 0.00 0.00 0.00 0.00 0.00
Cash Conversion Cycle 70.73 63.36 40.06 0.00 291.77 8,017.95 110.00 816.20 855.98
Working Capital Days 50.75 41.97 26.72 -0.76 1,039.36 1,060.94 115.20 1,054.58 1,886.19
ROCE % 31.12% 32.47% 38.81% 5.15% 0.55% -28.42% 1.06% 24.08% 37.65% 5.20% 3.93%

Shareholding Pattern

Numbers in percentages

Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018
35.51% 35.51% 35.51% 35.51% 35.51% 35.51% 35.51% 35.51%
0.45% 0.41% 0.45% 0.39% 0.56% 0.37% 0.27% 0.13%
64.04% 64.09% 64.04% 64.10% 63.93% 64.12% 64.22% 64.36%
No. of Shareholders 25,97025,54925,55625,10624,51624,01022,99322,589

* 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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