Ajmera Realty & Infra India Ltd Stock Analysis

BSE: 513349 | NSE: AJMERA | Construction - Real Estate | Small Cap

BSE Share Price May 23, 18:01
293.55 -0.05 (-0.02%)

DeciZen - Make an Informed Decision on Ajmera Realty&Infra

Overall Rating

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

FAQs

1. Is Ajmera Realty & Infra India Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Ajmera Realty & Infra India Ltd is a below average quality company.

2. Is Ajmera Realty & Infra India Ltd undervalued or overvalued?

The key valuation ratios of Ajmera Realty & Infra India Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Ajmera Realty & Infra India Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Ajmera Realty & Infra India Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Ajmera Realty&Infra:

Analysis of Financial Track Record

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.
Ajmera Realty & Infra India 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'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 7.1%2.8%2.6%4.9%7.8%9.6%10.5%8.1%4.8%4.3%-
Value Creation Index -0.5-0.8-0.8-0.7-0.5-0.3-0.3-0.4-0.7-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 15879.978.4165316277370382344347483
YoY Gr. Rt. %--49.6%-1.9%109.9%92%-12.2%33.2%3.2%-9.7%0.7%-
Adj EPS 10.94.44.67.21218.423.221.29.28.512.8
YoY Gr. Rt. %--60%4.6%58.4%65.3%53.8%26%-8.6%-56.4%-8%-
BVPS (₹) 113.1108.8111.6117.2126.6142.3158.6172.2180187.3200.1
Adj Net Profit 38.715.516.225.742.565.382.375.232.830.245
Cash Flow from Ops. -23.8-21-71.2-67.711959.4-116-345-17.9201-
Debt/CF from Ops. -8.1-12.2-4.7-42.87.5-4.4-2.5-54.33.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 9.1%1.9%-2.1%0.7%
Adj EPS -2.8%-6.6%-28.4%-8%
BVPS 5.88.25.74.1
Share Price 10% 5.1% 20.6% 131.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 10.23.94.16.39.813.715.412.85.24.66.6
Op. Profit Mgn % 25.326.62927.526.338.637.433.330.427.524.1
Net Profit Mgn % 26.320.322.215.914.423.922.9209.69.19.4
Debt to Equity 0.50.70.80.60.70.90.91.41.51.21.1
Working Cap Days 1,0122,8073,8812,2131,2631,6011,3461,4911,8561,849713
Cash Conv. Cycle 5691,3242,6591,3627129748059171,1851,160583

Recent Performance Summary

Sales growth is good in last 4 quarters at 79.54%

Return on Equity has declined versus last 3 years average to 6.60%

Sales growth has been subdued in last 3 years -2.11%

Net Profit has been subdued in last 3 years -28.43%

Debt to equity has increased versus last 3 years average to 1.17

Latest Financials - Ajmera Realty & Infra India Ltd.

Standalone Consolidated
TTM EPS (₹) 11.4 12.8
TTM Sales (₹ Cr.) 405 483
BVPS (₹.) 180.7 200.1
Reserves (₹ Cr.) 606 674
P/BV 1.63 1.46
PE 25.72 22.85
From the Market
52 Week Low / High (₹) 123.00 / 496.00
All Time Low / High (₹) 0.40 / 654.50
Market Cap (₹ Cr.) 1,042
Equity (₹ Cr.) 35.5
Face Value (₹) 10
Industry PE 49.9

Management X-Ray of Ajmera Realty&Infra :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *7.338.098.098.107.887.887.887.887.887.88
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

About Ajmera Realty & Infra India Ltd

Shree Precoated Steels (SPSL) is engaged in producing best quality coated flat steel products. It was earlier known as RVS Steels and Allied Industries and C S Ajmera and Associates took over the company in the year 1986. The name was  changed to present one in the 1986.

Currently SPSL is a part of the $300 million Ajmera Group of Companies. The company offers wide range of coating options on any metal surfaces that includes stainless steel.

The company has received ISO 9001 certification by Det Norske Veritas, Netherlands.

Products

SPSL's facility has been set up over 250,000 sq. meters of land at Sanaswadi near Pune

The company manufactures products such as pre-painted galvanised steel coils and sheets, galvanized steel coils and sheets, cold rolled steel coil and hot rolled products. Each of these products has a production capacity  of 100,000 TPA, 180,000 TPA, 240,000 TPA and 300,000 TPA.

The company markets these products under the brand name METACOLOR, METAGALVA and METACOR.

Outlook

There has been rise in steel prices over the year and it is observed that world steel industry is shifting towards Asia. India is a major player in the steel industry. Shree Precoated Steels aspires to become one of prominent manufacturer and supplier of colour coated and galvanized strips in Asia by 2010 and growth in steel industry will certainly help to achieve the vision of the company.

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