Pratham EPC Projects Ltd
Incorporated in 2014, Pratham EPC Projects
Ltd in the business of Pipeline Construction
of Oil & Gas and Water Engineering Procurement Construction[1]
- Market Cap ₹ 273 Cr.
- Current Price ₹ 154
- High / Low ₹ 443 / 147
- Stock P/E 20.2
- Book Value ₹ 41.9
- Dividend Yield 0.00 %
- ROCE 26.0 %
- ROE 20.0 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.6%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -1.81%
* 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
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
31 | 50 | 50 | 69 | 118 | |
28 | 44 | 40 | 54 | 100 | |
Operating Profit | 3 | 7 | 10 | 14 | 17 |
OPM % | 8% | 14% | 21% | 21% | 15% |
0 | 0 | 1 | 2 | 4 | |
Interest | 1 | 0 | 1 | 2 | 1 |
Depreciation | 1 | 1 | 1 | 1 | 2 |
Profit before tax | 2 | 6 | 10 | 14 | 18 |
Tax % | 26% | 25% | 25% | 26% | 26% |
1 | 4 | 8 | 10 | 14 | |
EPS in Rs | 13.95 | 54.44 | 94.32 | 5.66 | 7.62 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 33% |
TTM: | 71% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 45% |
TTM: | 38% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -56% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 26% |
Last Year: | 20% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
Equity Capital | 0.81 | 0.81 | 0.81 | 18 | 18 |
Reserves | 5 | 10 | 17 | 43 | 57 |
2 | 2 | 14 | 3 | 12 | |
13 | 16 | 16 | 14 | 19 | |
Total Liabilities | 20 | 29 | 48 | 78 | 105 |
4 | 5 | 8 | 11 | 15 | |
CWIP | 0 | 0 | 0 | 0 | 0 |
Investments | 2 | 4 | 4 | 0 | 0 |
14 | 19 | 36 | 67 | 90 | |
Total Assets | 20 | 29 | 48 | 78 | 105 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
3 | 10 | -7 | -9 | -15 | |
-3 | -5 | -3 | -1 | 0 | |
-1 | -0 | 5 | 19 | 7 | |
Net Cash Flow | -1 | 5 | -5 | 8 | -8 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
Debtor Days | 122 | 45 | 119 | 83 | 95 |
Inventory Days | 224 | ||||
Days Payable | 46 | ||||
Cash Conversion Cycle | 122 | 45 | 119 | 83 | 273 |
Working Capital Days | -3 | -37 | 84 | 176 | 205 |
ROCE % | 62% | 49% | 32% | 26% |
Documents
Announcements
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Outcome of Board Meeting
30 May 2025 - Audited standalone cash flow statement for FY ending March 31, 2025, showing operating, investing, financing activities.
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Statement of deviation(s) or variation(s) under Reg. 32
30 May 2025 - Pratham EPC Projects Limited has informed about statement of deviation(s) or variation(s) under Reg. 32
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Disclosure of material issue
29 May 2025 - Sale of machinery worth Rs 3.09 crore to wholly-owned subsidiary at arm's length price.
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Disclosure of material issue
26 May 2025 - INR 50 Cr loan to wholly owned subsidiary at 12.5% interest, 8-year tenor, material related party transaction.
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Agreements
26 May 2025 - INR 50 Cr loan to wholly owned subsidiary at 12.5% interest, 8-year tenor, material related party transaction.
Business Overview:[1]
PEPCPL is an ISO 9001:2008 certified provider of end-to-end construction solutions in engineering, procurement, and construction for India’s Oil and Natural Gas sector, oil and gas pipelines, irrigation, power and industrial projects, water, and environment solutions