Bhanderi Infracon Ltd - Stock Valuation and Financial Performance

BSE: 538576 | NSE: | Construction - Real Estate | Small Cap

Bhanderi Infracon Share Price

114 0.00 0.00%
as on 28-Feb'24 16:59

DeciZen - make an informed investing decision on Bhanderi Infracon

M-Cap below 100cr DeciZen not available

Bhanderi Infracon stock performance -

mw4me loader
P/E Ratio (SA):
51.93
Market Cap:
29.6 Cr.
52-wk low:
114
52-wk high:
134.4

Is Bhanderi Infracon Ltd an attractive stock to invest in?

1. Is Bhanderi Infracon Ltd a good quality company?

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

2. Is Bhanderi Infracon Ltd undervalued or overvalued?

The key valuation ratios of Bhanderi Infracon Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

3. Is Bhanderi Infracon Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Bhanderi Infracon 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 Bhanderi Infracon:

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.
Bhanderi Infracon 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 % 1.4%0.3%0.2%2.3%2.6%1.4%0.9%0.8%0.8%1.1%-
Value Creation
Index
-0.9-1.0-1.0-0.8-0.8-0.9-0.9-0.9-1.0-0.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1.30.62.516.915.37.75.42.35.71.11
Sales YoY Gr.--56.7%360%567.2%-9.1%-49.9%-29.2%-58.6%151.6%-80.4%-
Adj EPS 0.90.30.32.62.91.60.80.80.71.12.2
YoY Gr.--69%-7.4%956%8%-44.6%-47.5%-7.2%-3.9%43.2%-
BVPS (₹) 43.562.963.265.887.38989.790.491.293.493.5
Adj Net
Profit
0.10.10.10.50.70.40.20.20.20.31
Cash Flow from Ops. -2.4-8.90.20.33.20-0.3-0.2-0.3-0.8-
Debt/CF from Ops. -4.1-0.958.531.33.236.8-5.1-6.3-8.7-1.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -1.5%-40.9%-41.1%-80.4%
Adj EPS 2.2%-18%8.5%43.2%
BVPS8.9%1.4%1.4%2.4%
Share Price - -2.4% -4% -11.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
3.40.60.43.73.81.80.90.90.81.22.4
Op. Profit
Mgn %
7.413.434.56.36.84.944.2-85.617
Net Profit
Mgn %
10.29.923.24.85.348.93.424.951.5
Debt to
Equity
1.60.70.70.70.50.10.10.10.100
Working Cap
Days
4,21113,3732,9424886081,2851,8214,3511,7798,6811,910
Cash Conv.
Cycle
3,9757,7142,8554294759441,3593,3711,3657,681867

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 2.40%

Sales growth has been subdued in last 3 years -41.13%

Net Profit has been subdued in last 3 years 8.49%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Bhanderi Infracon Ltd.

Standalone Consolidated
TTM EPS (₹) 2.2 2.2
TTM Sales (₹ Cr.) 1.1 6.3
BVPS (₹.) 93.5 94.2
Reserves (₹ Cr.) 22 22
P/BV 1.22 1.21
PE 51.93 51.93
From the Market
52 Week Low / High (₹) 114.00 / 134.40
All Time Low / High (₹) 107.60 / 134.40
Market Cap (₹ Cr.) 29.6
Equity (₹ Cr.) 2.6
Face Value (₹) 10
Industry PE 83.8

Management X-Ray of Bhanderi Infracon:

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 Bhanderi Infracon

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
Sales1.270.552.5316.8815.347.685.442.255.661.11
Operating Expenses 1.170.482.4616.1114.377.155.252.165.422.06
Manufacturing Costs2.650.130.807.404.602.142.250.910.500.42
Material Costs-1.780.191.518.349.024.152.290.924.301.21
Employee Cost 0.070.100.070.090.350.350.230.160.360.30
Other Costs 0.240.050.090.280.410.500.480.170.260.13
Operating Profit 0.090.070.080.760.960.520.190.090.24-0.95
Operating Profit Margin (%) 7.4%13.3%3.0%4.5%6.3%6.8%3.5%4.0%4.2%-85.6%
Other Income 0.290000.120.040.100.190.101.69
Interest 0000000000
Depreciation 0.010.010.010.010.010.010.010.010.040.06
Exceptional Items 0000000000
Profit Before Tax 0.370.070.070.751.080.560.280.270.300.68
Tax 0.050.020.020.220.270.120.110.070.060.11
Profit After Tax 0.320.050.050.530.810.440.180.200.240.57
PAT Margin (%) 25.6%9.9%2.0%3.2%5.3%5.7%3.3%8.9%4.2%51.4%
Adjusted EPS (₹)2.20.30.32.63.11.70.70.80.92.2
Dividend Payout Ratio (%)0%0%0%0%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 6.4312.7712.8213.3622.6723.1123.2923.4923.7224.28
Share Capital 1.482.032.032.032.602.602.602.602.602.60
Reserves 4.9510.7410.7911.3320.0820.5120.6920.8921.1221.68
Minority Interest0000000000
Debt9.998.328.488.8410.091.421.371.332.431.06
Long Term Debt0000000000
Short Term Debt9.998.328.488.8410.091.421.371.332.431.06
Trade Payables7.160.060.733.114.044.193.933.633.990.94
Others Liabilities 0.320.110.232.943.532.862.972.492.522.57
Total Liabilities 23.9121.2722.2628.2440.3331.5931.5630.9432.6628.85

Fixed Assets

Gross Block0.040.040.060.060.070.080.080.090.400.45
Accumulated Depreciation0.020.030.040.050.050.060.070.080.100.19
Net Fixed Assets0.020.020.020.010.020.020.010.010.300.26
CWIP 0000000000
Investments 3.381.231.233.3313.243.403.393.393.463.89
Inventories20.0519.8619.8820.0219.7719.6219.5819.5817.0716.11
Trade Receivables000.723.164.844.985.615.308.697.60
Cash Equivalents 0.210.030.160.620.221.010.991.060.200.60
Others Assets0.240.140.241.112.242.571.971.602.940.39
Total Assets 23.9121.2722.2628.2440.3331.5931.5630.9432.6628.85

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -2.41-8.930.150.283.180.04-0.27-0.21-0.28-0.75
PBT 0.370.070.070.751.080.560.280.270.300.68
Adjustment -0.220.010.010.01-0.09-0.040.040.01-0.04-1.62
Changes in Working Capital -2.47-8.970.14-0.22.5-0.34-0.71-0.43-0.470.26
Tax Paid -0.09-0.04-0.07-0.29-0.30-0.150.12-0.06-0.07-0.07
Cash Flow From Investing Activity -2.562.15-0.02-2.10-9.829.88-0.050-0.33-0.03
Capex 00-0.020-0.010-0.010-0.33-0.03
Net Investments -2.832.150-2.10-9.819.840.01000
Others 0.2800000.04-0.05000
Cash Flow From Financing Activity 4.866.6002.286.24-9.130.310.27-0.251.18
Net Proceeds from Shares 4.866.6002.50000000
Net Proceeds from Borrowing 0000.36000000
Interest Paid 0000000000
Dividend Paid 0000000000
Others 000-0.586.24-9.130.310.27-0.251.18
Net Cash Flow -0.10-0.180.130.46-0.400.79-0.010.06-0.860.40
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)8.50.570.394.094.51.920.770.861.022.38
ROCE (%)40.370.323.283.741.961.151.091.182.64
Asset Turnover Ratio0.080.020.120.670.450.210.170.070.180.04
PAT to CFO Conversion(x)-7.53-178.630.533.930.09-1.5-1.05-1.17-1.32
Working Capital Days
Receivable Days0010442952343558854512,678
Inventory Days4,08402,8624324739371,3143,1761,1825,455
Payable Days-1,4016,90895841453626481,500323744

Bhanderi Infracon Ltd Stock News

Bhanderi Infracon Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Bhanderi Infracon on 28-Feb-2024 16:59 is ₹114.0.
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-Feb-2024 16:59 the market cap of Bhanderi Infracon stood at ₹29.60.
The latest P/E ratio of Bhanderi Infracon as of 28-Feb-2024 16:59 is 51.93.
The latest P/B ratio of Bhanderi Infracon as of 28-Feb-2024 16:59 is 1.22.
The 52-week high of Bhanderi Infracon is ₹134.4 and the 52-week low is ₹114.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bhanderi Infracon is ₹1.11 ( Cr.) .

About Bhanderi Infracon Ltd

The company was incorporated in the year 2004 in the name and style of Bileshwar Industrial Estate Developers, with an idea to develop untapped opportunities viz. buying, selling, development, re-development of properties, investments in joint ventures, investment in partnerships, investment in completed / partially completed / upcoming projects etc.

The promoters undertook the modest activities in the initial years of operations, capitalizing on an excellent opportunity by acquiring Non Agricultural Land at village Odhav and Nikol, Ahmedabad in Public Auction held by Debt Recovery Tribunal (DRT), Ahmedabad vide sale certificate and sale confirmation issued by the Recovery Officer, DRT, Ahmedabad. The total extent of the land acquired was approximately 161,172 square meters. The company had initiated the Joint Development Agreement with Neelkanth Corporation to construct common road, electrification, drainage and all other necessary infrastructure on the said land. The said Joint Development Agreement has been terminated and all Development activities i.e. development of sheds and commercial offices (shops), are presently carried out by the company.

The company is currently engaged in development of Residential Flats and Bungalows under Partnership firms, namely: Tulsi Enterprises and Dharnidhar Developers respectively. ‘Mahavir Residency’ is the project undertaken by Tulsi Enterprises located at Mansa around 15 Km from Gandhinagar, Gujarat. The project plan is of building around 300 Residential Flats. The company is 5% stakeholder in Tulsi Enterprises. ‘Dharnidhar Homes’ is the project of building around 110 luxurious bungalows which has been undertaken by Dharnidhar Developers, located at Nadiad, Gujarat. The company holds 7.5% share in Dharnidhar Developers.

Read More Read Less
You have 0 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.