Alpine Housing Development Corporation Ltd - Stock Valuation and Financial Performance

BSE: 526519 | NSE: ALPINEHOU | Construction - Real Estate | Small Cap

Alpine Hsg Dev. Corp Share Price

152.90 4.45 3.00%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Alpine Hsg Dev. Corp

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

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Alpine Housing Development Corporation stock performance -

mw4me loader
P/E Ratio (SA):
69.14
Market Cap:
257.1 Cr.
52-wk low:
99.5
52-wk high:
200.8

Is Alpine Housing Development Corporation Ltd an attractive stock to invest in?

1. Is Alpine Housing Development Corporation Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Alpine Housing Development Corporation Ltd is a below average quality company.

2. Is Alpine Housing Development Corporation Ltd undervalued or overvalued?

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

3. Is Alpine Housing Development Corporation Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Alpine Housing Development Corporation 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 Alpine Hsg Dev. Corp:

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.
Alpine Housing Development Corporation 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 % 2.3%2.1%4.8%3.6%3.6%3.7%4.5%4.2%3.4%3.7%-
Value Creation
Index
-0.8-0.9-0.7-0.7-0.8-0.7-0.7-0.7-0.8-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 39.216.42427.830.33140.642.244.947.759
Sales YoY Gr.--58.1%46.2%15.9%8.8%2.3%31%3.9%6.5%6.2%-
Adj EPS 10.82.41.81.81.721.71.21.42.2
YoY Gr.--14.4%188%-26.8%0.6%-2.3%15.1%-16.7%-26.7%14.9%-
BVPS (₹) 30.831.132.934.73637.739.641.342.543.845.1
Adj Net
Profit
1.71.44.133.133.42.92.12.44
Cash Flow from Ops. 37.1-12.21-14.5-14.79.914.44.2-220.8-
Debt/CF from Ops. 0.7-3.243.1-3.7-4.663.19.9-22.71-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 2.2%9.5%5.5%6.2%
Adj EPS 4.1%-4.6%-11.1%14.9%
BVPS4%4%3.4%3.2%
Share Price 31.9% 56.9% 125.1% 28.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
3.22.77.55.254.75.14.12.93.24.8
Op. Profit
Mgn %
6.211.722.916.916.118.714.913.711.29.712.2
Net Profit
Mgn %
4.38.817.310.910.19.68.56.84.756.3
Debt to
Equity
0.50.70.70.91.10.90.70.60.60.3-
Working Cap
Days
1,0192,4761,9781,9692,0112,0601,5541,3981,2061,065354
Cash Conv.
Cycle
6471,5051,4401,4661,4631,5041,0931,021924780203

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 4.80%

Sales growth is good in last 4 quarters at 47.60%

Sales growth has been subdued in last 3 years 5.54%

Net Profit has been subdued in last 3 years -11.12%

Latest Financials - Alpine Housing Development Corporation Ltd.

Standalone Consolidated
TTM EPS (₹) 2.2 -
TTM Sales (₹ Cr.) 59.1 -
BVPS (₹.) 45.1 -
Reserves (₹ Cr.) 61 -
P/BV 3.29 -
PE 69.14 -
From the Market
52 Week Low / High (₹) 99.50 / 200.80
All Time Low / High (₹) 1.88 / 200.80
Market Cap (₹ Cr.) 257
Equity (₹ Cr.) 17.3
Face Value (₹) 10
Industry PE 76.3

Management X-Ray of Alpine Hsg Dev. Corp:

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

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Analyst's Notes

Key Ratios of Alpine Hsg Dev. Corp

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
Sales39162428303141424548
Operating Expenses 37151923252535364043
Manufacturing Costs20117161614181713
Material Costs3291326617161922
Employee Cost 2221112122
Other Costs 1432222227
Operating Profit 2265566655
Operating Profit Margin (%) 6.1%11.6%22.9%16.9%16.1%18.6%14.5%13.7%11.2%9.7%
Other Income 1111112111
Interest 1111223332
Depreciation 1111111111
Exceptional Items 0000000000
Profit Before Tax 2254444333
Tax 0011111100
Profit After Tax 1143333322
PAT Margin (%) 3.8%8.7%16.9%10.9%10.3%9.6%8.1%6.7%4.6%5.0%
Adjusted EPS (₹)0.90.82.31.81.81.71.91.61.21.4
Dividend Payout Ratio (%)44%45%19%21%0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 53545760626569717476
Share Capital 661313131717171717
Reserves 47474447494851545659
Minority Interest0000000000
Debt26394153685944414422
Long Term Debt3171540343618163210
Short Term Debt23222613342327251312
Trade Payables11544656222
Others Liabilities 30375858546166523846
Total Liabilities 120135161174190191185166158146

Fixed Assets

Gross Block15252727252625262020
Accumulated Depreciation0111213131413141415
Net Fixed Assets151415141312121165
CWIP 1100000000
Investments 0000000000
Inventories5567100107118118104947962
Trade Receivables15211314151320263235
Cash Equivalents 1141342221
Others Assets34312938424346323842
Total Assets 120135161174190191185166158146

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 37-121-14-1510144-221
PBT 2254444333
Adjustment 2212234333
Changes in Working Capital 35-14-3-18-187101-418
Tax Paid 00-10-2-1-1-1-1-1
Cash Flow From Investing Activity -7-10010-1000
Capex -7-10010-1000
Net Investments 0000000000
Others 0000000000
Cash Flow From Financing Activity -301331215-9-15-42-22
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -214-225-72-18-115-22
Interest Paid 0000000000
Dividend Paid 0000000000
Others -28-15-1421-113-3-14-1
Net Cash Flow 004-311-200-1
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)2.812.687.315.195.114.634.924.062.873.18
ROCE (%)2.532.416.134.614.64.865.545.364.44.6
Asset Turnover Ratio0.320.130.160.170.170.160.220.240.280.31
PAT to CFO Conversion(x)37-120.25-4.67-53.334.671.33-110.5
Working Capital Days
Receivable Days202396257176175164149201238258
Inventory Days5431,3511,2631,3531,3551,3931,002856703542
Payable Days94329121594296342117903535

Alpine Housing Development Corporation Ltd Stock News

Alpine Housing Development Corporation Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Alpine Hsg Dev. Corp on 28-Mar-2024 16:01 is ₹152.9.
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 28-Mar-2024 16:01 the market cap of Alpine Hsg Dev. Corp stood at ₹257.1.
The latest P/E ratio of Alpine Hsg Dev. Corp as of 28-Mar-2024 16:01 is 69.14.
The latest P/B ratio of Alpine Hsg Dev. Corp as of 28-Mar-2024 16:01 is 3.29.
The 52-week high of Alpine Hsg Dev. Corp is ₹200.8 and the 52-week low is ₹99.50.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Alpine Hsg Dev. Corp is ₹59.11 ( Cr.) .

About Alpine Housing Development Corporation Ltd

Alpine Housing Development Corporation builds apartments for all those with an eye for detail and has responsibilities to enhance the environment, the company’s policies for managing the environmental aspects across the business is priority no. one. Alpine constructions commitment to quality Property Development encompasses Condominiums, Apartment Buildings and Commercial Complexes.

Business Division

Property Development: Property development & construction is the company’s core business and is really close to its heart. These is why, right from the selection of location, to planning and execution, the company keep up to the expectations of the customers, and ensure that the company always deliver more than what is promised.

Alpine Concrete Sleepers (ACS): A division of Alpine Housing Development Corporation Ltd is a leading manufacturer of Mono-block pre-stressed concrete sleepers for Indian Railways. Located at Wadi in Karnataka, ACS offers a comprehensive package for PSC sleepers design, manufacturing and delivery by

Alpine Alloys:  This is the Bangalore- based division of the company. An RDSO approved manufacturer and supplier of quality SGCI inserts to the Indian Railways. Alpine alloys boasts of state-of-the-art plant and machinery including testing equipments to manufacture SGCI inserts as per specification prescribed by Indian Railways.

Alpine Educational Foundation: Alpine Public School is set up by Alpine Educational Foundation, a non-profit wing of the Alpine Group. Strong Business practices have set the company apart from the others in its line of business. And it is the principle that will be the driving force behind the school as well. The Group is headed by professionals in their respective fields who believe in sharing the knowledge gained over the years of their experience, in the larger interest of the society. In fact the children of the school will be trained to inculcate this strong affinity towards all societal commitments.

Ongoing Projects of the company

Alpine Pyramid:  For the first time ever, apartments with exclusive never-before facilities. While the clubhouse offers all the facilities of a much-deserved lifestyle, the oasis by it soaks in luxury of a different kind. The tastefully done apartments are well laid out and form a fortress around the clubhouse. 

Alpine Viva: It is inspired by Jetd’eau of Geneva to refresh, revive and rejuvenate. Alpine Viva boasts of exclusive apartments designed for comfort, maximum ventilation and natural lighting, besides top of the line specifications and fabulous facilities to match. The one of its kind 150 ft fountain is just one of the delights that await its customers besides the sheer luxury of living close to the famed Sai Baba Ashram.

 

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