Prajay Engineers Syndicate Ltd Stock Analysis

BSE: 531746 | NSE: PRAENG | Construction - Real Estate | Small Cap

BSE Share Price 31-Mar-2023 18:02
10.13 0.16 (1.60%)

DeciZen - Make an Informed Decision on Prajay Engg.Syndicat

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Prajay Engg.Syndicat Price Chart

P/E Ratio ( SA) :
0.00
Market Cap :
70.8 Cr.
52-wk low :
9.8
52-wk high :
22.5
Bole Toh?

1. Is Prajay Engineers Syndicate Ltd a good quality company?

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

2. Is Prajay Engineers Syndicate Ltd undervalued or overvalued?

The key valuation ratios of Prajay Engineers Syndicate Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Prajay Engineers Syndicate Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Prajay Engineers Syndicate 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 Prajay Engg.Syndicat:

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.
Prajay Engineers Syndicate 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'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 0.4%-0.1%-2.4%-1.8%-1.3%-0.9%-0.3%-0.2%0.2%0.4%-
Value Creation Index -1.0-1.0-1.2-1.1-1.1-1.1-1.0-1.0-1.0-1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 13781.955.872.752.336.646.849.338.793.172
YoY Gr. Rt. %--40.2%-31.9%30.3%-28.1%-29.9%27.8%5.4%-21.6%140.6%-
Adj EPS 0.3-0.2-3.4-3.5-3-2.8-1.9-0.7-0.4-0.2-1.3
YoY Gr. Rt. %--179.3%NANANANANANANANA-
BVPS (₹) 95.294.9919086.984.182.381.781.381.179.9
Adj Net Profit 2-1.6-23.7-24.7-21.3-19.5-12.9-4.6-2.9-1.2-9
Cash Flow from Ops. 61.927.6-9.95155.731.833.913.86.5-2.8-
Debt/CF from Ops. 2.86.3-18.43.12.953.27.214.7-35.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -4.2%12.2%25.8%140.6%
Adj EPS -194.2%NANANA
BVPS -1.8-1.4-0.5-0.2
Share Price 3.1% -1.4% 29.7% -38%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 0.3-0.2-3.6-3.9-3.4-3.3-2.2-0.8-0.5-0.2-1.6
Op. Profit Mgn % 6.9-10.6-25.3-12.7-4.3-4.224.317.27-5.3
Net Profit Mgn % 1.5-2-42.5-34-40.7-53.2-27.7-9.4-7.5-1.3-12.9
Debt to Equity 0.30.30.30.30.30.30.20.20.20.2-
Working Cap Days 2,1833,1414,5583,4314,6516,6125,0954,5385,4972,1350
Cash Conv. Cycle 1,6511,7082,4301,7542,5453,7252,7352,5113,0381,2060

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 25.75%

Return on Equity is Poor

Sales growth is not so good in last 4 quarters at -12.43%

Latest Financials - Prajay Engineers Syndicate Ltd.

Standalone Consolidated
TTM EPS (₹) -1.3 -1.6
TTM Sales (₹ Cr.) 71.8 71.8
BVPS (₹.) 79.9 79.7
Reserves (₹ Cr.) 489 488
P/BV 0.13 0.13
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 9.80 / 22.45
All Time Low / High (₹) 0.45 / 480.00
Market Cap (₹ Cr.) 70.8
Equity (₹ Cr.) 69.9
Face Value (₹) 10
Industry PE 36.8

Management X-Ray of Prajay Engg.Syndicat :

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 Prajay Engg.Syndicat

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Prajay Engineers Syndicate Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Prajay Engg.Syndicat on 31-Mar-2023 18:02 is : 10.13.
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 31-Mar-2023 18:02 the market cap of Prajay Engg.Syndicat stood at ₹ 70.84.
The latest PE ratio of Prajay Engg.Syndicat as of 31-Mar-2023 18:02 is 0.00.
The latest PB ratio of Prajay Engg.Syndicat as of 31-Mar-2023 18:02 is 0.13
The 52-week high of Prajay Engg.Syndicat is ₹ 22.45 and the 52-week low is ₹ 9.80.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Prajay Engg.Syndicat is ₹ 71.81 ( Cr.) .

About Prajay Engineers Syndicate Ltd

Prajay Engineers Syndicate was incorporated in 1986 and is based in Hyderabad, India. The company is engaged in the development and construction of residential and commercial properties in Hyderabad and Secunderabad, India.

The company commenced operations in the real estate sector by building low cost residential buildings. It then diversified into high-end apartments, commercial complexes, hospitality ventures, malls, IT parks and large format high-end integrated townships. The company has a strong pipeline of ongoing and future projects to cater to a range of segments. This apart, it has international affiliation.

Business terms of all projects are transparent, and projects are completed within stipulated timelines consistently – enough to merit a good credit rating from banks and financial institutions (FIs).

In its 20 years experience, Prajay has delivered over 75 projects and developed over 5 million square feet. The company aims to invest around Rs 5,000-6,000 million in the coming years to develop the hospitality segment, create 1,000-room capacity by 2011 in the 5-star, 4-star and 3-star business class categories and focus on the residential segment, which currently accounts for 84 percent of the total area under development.

Business portfolio:

Construction

  • Farmhouses
  • Housing
  • IT Parks
  • Townships
  • Office Spaces
  • Malls

Land

Hospitality

  • Clubs
  • Hotels
  • Resorts

Foundations

  • Promoted by Chandra Mohan Reddy, Vijay Sen Reddy and Ravinder Reddy
  • High reputation in construction industry in Hyderabad
  • Focus on quality, timely delivery and innovation in design
  • More than 75 projects successfully executed
  • Track record of completing projects on scheduled and budgets
  • Assistance in finance arrangements for the customers leading to increased revenues
  • Credit rating of A+ and above from the FIIs

Milestones

1986

  • Prajay incorporated

1994

  • Became a Public Listed Company

2005

  • Raised $15 million through FCCB route

2006 

  • Commenced work on an IT Park SEZ
  • Launched Mega Township Project
  • Began the process of setting up India’s first auto mall in Hyderabad
  • Raised $60 million through FCCB route
  • Signed a joint venture with Sunway Group, Malaysia

2007

  • Launched Celebrity Villas
  • Closed the transaction of $36 million as SPV-based project equity funding from a leading investment banker for Prajay Virgin County.
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