Shradha Infraprojects Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: SHRADHA | Construction - Real Estate | Small Cap

BSE Share Price
Not Listed

DeciZen - make an informed investing decision on Shradha Infraproject

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Undervalued

3. Price Trend

Semi Strong

Shradha Infraprojects stock performance -

mw4me loader
P/E Ratio (SA):
35.72
Market Cap:
131.3 Cr.
52-wk low:
0
52-wk high:
0

Is Shradha Infraprojects Ltd an attractive stock to invest in?

1. Is Shradha Infraprojects Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Shradha Infraprojects Ltd is a below average quality company.

2. Is Shradha Infraprojects Ltd undervalued or overvalued?

The key valuation ratios of Shradha Infraprojects Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Shradha Infraprojects Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Shradha Infraprojects Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Shradha Infraproject:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Shradha Infraprojects Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 6.4%5%38.1%13.5%8.1%3.8%2.9%2.5%1.7%6.1%-
Value Creation
Index
-0.6-0.61.70.0-0.4-0.7-0.8-0.8-0.9-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2.41.627.237.37.91.800.10.717
Sales YoY Gr.--33.9%1,597.5%37.2%-78.7%-77.9%-100%NA775%45.7%-
Adj EPS 0.60.65.52.61.710.80.70.51.81.8
YoY Gr.--9.4%851.7%-53.4%-33.5%-42.1%-22.2%-15.6%-30.8%297.8%-
BVPS (₹) 10.310.916.419.423.925.125.626.226.829.230.6
Adj Net
Profit
10.98.74.13.521.61.30.93.64
Cash Flow from Ops. 2.2-8.513.910.20.70.31.2-9.5-5-
Debt/CF from Ops. 0-0.40000000-1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -9.2%-33.6%NA45.7%
Adj EPS 12.1%0.9%32.5%297.8%
BVPS12.3%4.1%4.6%9%
Share Price - 7.6% 22.2% 30.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
6.45.440.413.58.13.82.82.51.76.46.1
Op. Profit
Mgn %
61.786.542.35.222.52.80-1070.9-148.1-72.725.7
Net Profit
Mgn %
41.656.83210.943.711401663.6129.2353.356.2
Debt to
Equity
00.200000000.1-
Working Cap
Days
2,1795,2024572378325,08901,02,09211,6199,3561,117
Cash Conv.
Cycle
1,6354,926319-366541105,1663,2504,949870

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 6.10%

Net Profit is growing at healthy rate in last 3 years 32.47%

Sales growth is good in last 4 quarters at 695.83%

Sales growth has been subdued in last 3 years 0.00%

Latest Financials - Shradha Infraprojects Ltd.

Standalone Consolidated
TTM EPS (₹) 1.8 6.7
TTM Sales (₹ Cr.) 6.6 125
BVPS (₹.) 30.6 41.7
Reserves (₹ Cr.) 52 74
P/BV 2.12 1.55
PE 35.72 9.65
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 131
Equity (₹ Cr.) 10.1
Face Value (₹) 5
Industry PE 78.9

Management X-Ray of Shradha Infraproject:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Shradha Infraproject

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales222737820011
Operating Expenses 101635620122
Manufacturing Costs3171311010000
Material Costs-2-17121600010
Employee Cost 0000000011
Other Costs 0023000011
Operating Profit 11112200-1-1-1
Operating Profit Margin (%) 61.7%86.5%42.3%5.2%22.5%2.8%--1,070.9%-148.0%-72.7%
Other Income 0013333339
Interest 0000000000
Depreciation 0000000000
Exceptional Items 0000000000
Profit Before Tax 11125432218
Tax 0031111002
Profit After Tax 1194322117
PAT Margin (%) 41.6%56.8%32.1%12.1%43.7%138.7%-1,736.7%168.3%675.4%
Adjusted EPS (₹)0.60.65.52.91.71.20.80.70.63.4
Dividend Payout Ratio (%)0%0%0%0%0%20%0%0%0%37%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 16172634525455535459
Share Capital 0000101010101010
Reserves 16172634424545434449
Minority Interest0000000000
Debt0300000005
Long Term Debt0000000000
Short Term Debt0300000005
Trade Payables0077000000
Others Liabilities 1522272211121
Total Liabilities 32426044545556545666

Fixed Assets

Gross Block151414141413139109
Accumulated Depreciation4551222222
Net Fixed Assets119912121212887
CWIP 4000002478
Investments 1222152020202020
Inventories133029821111116
Trade Receivables0010100010
Cash Equivalents 101219200000
Others Assets2183222221221114
Total Assets 32426044545556545666

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 2-91410101-9-5
PBT 11125432218
Adjustment 000-1-1-2-1-1-1-8
Changes in Working Capital 1-103-2-20-00-9-5
Tax Paid 000-1-1-1-100-1
Cash Flow From Investing Activity -1410-13-30-292
Capex 020001-2-1-32
Net Investments 0-10-6-13-50000
Others -1416013-1120
Cash Flow From Financing Activity 03-30140-1003
Net Proceeds from Shares 00001500000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000000000
Dividend Paid 000000000-2
Others 03-30-100005
Net Cash Flow 1-11211-20000
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)6.385.4340.4715.938.774.93.032.642.212.19
ROCE (%)8.626.552.1418.3110.936.594.13.392.5114.32
Asset Turnover Ratio0.080.040.530.720.160.03000.010.02
PAT to CFO Conversion(x)2-91.560.2500.501-9-0.71
Working Capital Days
Receivable Days3185625910849207193
Inventory Days1,8644,91339618122832304,3403,0564,807
Payable Days-363-52,4301242440025035169

Shradha Infraprojects Ltd Stock News

Shradha Infraprojects Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Shradha Infraproject on 01-Jan-1970 05:30 is ₹0.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 05:30 the market cap of Shradha Infraproject stood at ₹131.3.
The latest P/E ratio of Shradha Infraproject as of 01-Jan-1970 05:30 is 35.72.
The latest P/B ratio of Shradha Infraproject as of 01-Jan-1970 05:30 is 2.12.
The 52-week high of Shradha Infraproject is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shradha Infraproject is ₹6.55 ( Cr.) .

About Shradha Infraprojects Ltd

The Company was originally incorporated as ‘Shradha Realty Private Limited’ on September 29, 1997 under the Companies Act, 1956 with the Registrar of Companies, Mumbai at Maharashtra. The name of the Company was changed to ‘Shradha Infraprojects (Nagpur) Private Limited’ on July 18, 2005 vide a fresh certificate of incorporation issued by the Registrar of Companies, Mumbai at Maharashtra. Subsequently, the status of the Company was changed to a public limited company and the name of the Company was changed to ‘Shradha Infraprojects (Nagpur) Limited’ by a special resolution passed on August 21, 2017. A fresh Certificate of Incorporation consequent upon conversion was issued on September 08, 2017 by the Registrar of Companies, Mumbai at Maharashtra.

The company’s Development Business spans all activities related to residential real estate development, from the identification and acquisition of land through to the planning, execution and sales of their development projects. Their residential properties include plotted developments, houses and apartments of varying sizes. Their Development Business also consists of the development and sale of certain commercial properties including those that are integral to the residential developments they are attached to. The Lease Business involves leasing of the commercial properties. Their commercial properties include corporate offices and educational institutions. They use a knowledge-based approach from internal and external sources in making land acquisition, development and lease/sales decisions. They utilise an outsourcing model that emphasises quality design and construction. They work with reputable domestic architects and contractors. This outsourcing model provides them with the scalability required to undertake large developments and this joint venture model enables them to focus on the core area of operations.

Business area of the company:

They are a real estate development company, engaged in the business of development and sale of residential as well as commercial properties (the ‘Development Business’) and the development and leasing of commercial properties (the ‘Lease Business’) as this provides them with stable cash flows. They are primarily operating in Nagpur focused on premium developments with presence in residential, Commercial and hospitality in mixed-use and single-segment developments.

Major Events & Milestones:

  • 1997: Incorporation of Company as ‘Shradha Realty Private Limited’ under Companies Act, 1956.
  • 2000: Started operations for Project ‘Shradha House’ in June 2000.
  • 2002: Completed the Project ‘Shradha House’ in March 2002.
  • 2005: Change of name of the Company from ‘Shradha Realty Private Limited’ to ‘Shardha Infraprojects (Nagpur) Private Limited’.
  • 2011: Started operations for Project ‘Victoria House’ in March 2011.
  • 2011: Amalgamation of ‘Quality Concern Hospitality Services Private Limited’ with ‘Shradha Infraprojects (Nagpur) Private Limited’.
  • 2012: Started operations for Project ‘Mangalam Shradha’ in July 2012.
  • 2013: Acquired substantial stake in ‘Suntech Infraestate Nagpur Private Limited’, making it as the Associate Company.
  • 2015: Completed the Project ‘Victoria House’ in March 2015.
  • 2016: Completed the Project ‘Mangalam Shradha’ April 2016.
  • 2017: Acquired 51.00% stake in ‘Mrugnayani Infrastructures Private Limited’, making it as Subsidiary Company.
  • 2017: Conversion of the Company from private to public i.e. from ‘Shradha Infraprojects (Nagpur) Private Limited’ to ‘Shardha Infraprojects (Nagpur) Limited’.
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.