R.P.P. Infra Projects Ltd - Stock Valuation and Financial Performance

BSE: 533284 | NSE: RPPINFRA | Construction - Real Estate | Small Cap

RPP Infra Projects Share Price

108 0.00 0.00%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on RPP Infra Projects

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

1. Quality

2. Valuation

Fair

3. Price Trend

R.P.P. Infra Projects stock performance -

mw4me loader
P/E Ratio (SA):
7.52
Market Cap:
412.4 Cr.
52-wk low:
38.4
52-wk high:
161.5

Is R.P.P. Infra Projects Ltd an attractive stock to invest in?

1. Is R.P.P. Infra Projects Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that R.P.P. Infra Projects Ltd is a average quality company.

2. Is R.P.P. Infra Projects Ltd undervalued or overvalued?

The key valuation ratios of R.P.P. Infra Projects Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is R.P.P. Infra Projects Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of R.P.P. Infra Projects 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 RPP Infra Projects:

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.
R.P.P. Infra Projects Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 11%10.8%14%14.1%8.5%11.7%10.2%8.1%5.5%9.2%-
Value Creation
Index
-0.2-0.200.0-0.4-0.2-0.3-0.4-0.6-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2332633153664995815764787801,0051,224
Sales YoY Gr.-13%19.6%16.4%36.3%16.3%-0.9%-17%63.2%28.9%-
Adj EPS 3.94.36.67.94.27.96.3526.714.4
YoY Gr.-9.5%53.6%20.7%-46.8%88.4%-20.4%-20.6%-60.9%239.8%-
BVPS (₹) 37.342.949.657.661.671.27882.583.588.9106.1
Adj Net
Profit
11.712.819.723.712.623.818.915.77.425.455
Cash Flow from Ops. 18.720.134.83458.2-173645.132.537.6-
Debt/CF from Ops. 55.32.22.92.5-8.232.73.22.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 17.6%15%20.4%28.9%
Adj EPS 6.1%9.6%1.8%239.8%
BVPS10.1%7.6%4.4%6.4%
Share Price 9.2% 4.8% 33.6% 178.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
10.51013.714.6711.88.46.22.57.714.7
Op. Profit
Mgn %
13.713.215.213.713.210.79.97.83.74.65.1
Net Profit
Mgn %
54.96.36.52.54.13.33.312.54.5
Debt to
Equity
0.80.80.50.60.80.70.50.50.30.2-
Working Cap
Days
33237636734328427529838327422684
Cash Conv.
Cycle
9378525227122223313438

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 14.70%

Sales growth is growing at healthy rate in last 3 years 20.42%

Sales growth is good in last 4 quarters at 24.33%

Net Profit has been subdued in last 3 years 1.82%

Latest Financials - R.P.P. Infra Projects Ltd.

Standalone Consolidated
TTM EPS (₹) 14.4 15.6
TTM Sales (₹ Cr.) 1,224 1,247
BVPS (₹.) 106.1 111.7
Reserves (₹ Cr.) 367 388
P/BV 1.02 0.97
PE 7.52 6.92
From the Market
52 Week Low / High (₹) 38.43 / 161.45
All Time Low / High (₹) 20.55 / 273.16
Market Cap (₹ Cr.) 412
Equity (₹ Cr.) 38.2
Face Value (₹) 10
Industry PE 76.3

Management X-Ray of RPP Infra Projects:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *32.9525.3727.3333.5130.9430.9430.9430.9430.9430.94
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of RPP Infra Projects

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
Sales2332633153664995815764787801,005
Operating Expenses 201228268316433519519441751960
Manufacturing Costs122158175204244359343299535593
Material Costs68547995163135156122186321
Employee Cost 65559913111831
Other Costs 51210121815891015
Operating Profit 32354750666256372945
Operating Profit Margin (%) 13.7%13.2%14.8%13.7%13.2%10.7%9.8%7.7%3.7%4.5%
Other Income 64537910111422
Interest 16171917192324202119
Depreciation 7755767689
Exceptional Items 0600000000
Profit Before Tax 15222832474135221439
Tax 34783417167613
Profit After Tax 1217212413241916826
PAT Margin (%) 5.0%6.6%6.6%6.5%2.7%4.2%3.4%3.2%1.1%2.6%
Adjusted EPS (₹)3.95.86.98.04.58.16.45.02.36.9
Dividend Payout Ratio (%)10%7%5%5%8%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 120136151175187216236261309335
Share Capital 23232323232323243737
Reserves 97113128152165193214238272297
Minority Interest0000000000
Debt8181707575117951118450
Long Term Debt1571417125945684232
Short Term Debt67735658635850434118
Trade Payables34118931399713911912811596
Others Liabilities 40514468144124119118232254
Total Liabilities 276385359457503595569618739735

Fixed Assets

Gross Block8059485563909395114121
Accumulated Depreciation35202326333845485354
Net Fixed Assets45392528305248476267
CWIP 3344064432
Investments 1111177777
Inventories1134182024111816
Trade Receivables79170148223106163147146207169
Cash Equivalents 12142540794852174237
Others Assets136157154156270298287386400435
Total Assets 276385359457503595569618739735

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 1920353458-1736453238
PBT 15222832474135221439
Adjustment 21232318202728241814
Changes in Working Capital -13-18-7-825-68-101514-2
Tax Paid -3-6-8-8-34-17-16-15-14-13
Cash Flow From Investing Activity -105-7-4-322-3-17-12
Capex -257-9-5-34-1-5-21-18
Net Investments -1000000000
Others 2-5-22232246
Cash Flow From Financing Activity -19-17-29-12-1618-34139-30
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 6-26000-2010
Interest Paid -16-17-19-15-14-23-23-19-14-13
Dividend Paid 000-1-1-10000
Others -102-174042-93323-16
Net Cash Flow -22111539-3135525-4
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)1114.3614.9114.897.5512.238.636.312.968.13
ROCE (%)15.2617.4720.3219.4521.8918.8516.9611.558.7613.77
Asset Turnover Ratio0.850.80.850.91.041.060.990.81.151.36
PAT to CFO Conversion(x)1.581.181.671.424.46-0.711.892.8141.46
Working Capital Days
Receivable Days13717218418512085991128368
Inventory Days1134812141476
Payable Days134413454446265319302370238120

R.P.P. Infra Projects Ltd Stock News

R.P.P. Infra Projects Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of RPP Infra Projects on 28-Mar-2024 16:01 is ₹108.0.
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-Mar-2024 16:01 the market cap of RPP Infra Projects stood at ₹412.4.
The latest P/E ratio of RPP Infra Projects as of 28-Mar-2024 16:01 is 7.52.
The latest P/B ratio of RPP Infra Projects as of 28-Mar-2024 16:01 is 1.02.
The 52-week high of RPP Infra Projects is ₹161.4 and the 52-week low is ₹38.43.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of RPP Infra Projects is ₹1,224 ( Cr.) .

About R.P.P. Infra Projects Ltd

R.P.P. Infra Projects was originally incorporated as R.P.P. Constructions (Private) Limited on May 4, 1995 under the Companies Act, 1956. The Company was jointly promoted by Arul P. Sundaram and his brother R. P. Selvasundaram. Subsequent to the deed of Family Arrangement dated July 31, 2005 the family businesses and entities were amicably divided between the two brothers and  the Company,  came to be owned and controlled by R. P. Selvasundaram. The name of the Company was changed to R.P.P.Infra Projects Private Limited on November 27, 2009. The Company was subsequently converted to a public limited company pursuant to a Special Resolution passed at the Shareholders meeting held on January 21, 2010. It was issued a Fresh Certificate of Incorporation by the Registar of Companies, Coimbatore on March 8, 2010.

Business area of the Company:

R.P.P.Infra Projects is Construction Company primarily engaged in the business of infrastructure development such as Highways, Roads and Bridges. The company also has diversified its civil works expertise into SEZ Development, Water Management Projects, Irrigation and Power Projects.The Company does business in the South Indian region, covering states of Karnataka, Andhra Pradesh, Tamil Nadu and the Union Territory of Pondicherry, Andaman Nicobar Islands. We have recently entered the Srilanka market and currently executing a project in the Railway Sector.The Company, which was was incorporated in the year 1995 and since incorporation has executed over two hundred (200) Civil Construction projects across various segments of construction and infrastructure industry.

The Company's business encompasses following sectors in the civil engineering and construction space spanning nearly fourteen (14) years of operation, namely Construction, Irrigation, SEZ, Water Management, Transportation and Power sector.

Its Services:

The company provide integrated engineering, procurement and construction services for civil construction and infrastructure projects.

Infrastructure Projects: The Company has developed skill sets in providing engineering and construction services for a diverse range of infrastructure projects, including transportation engineering projects /irrigation / water supply and execution of civil works for power thermal/ hydel projects.

The Company has successfully completed and are currently engaged in a number of transportation engineering projects, including roads, highways, bridges, flyovers and pedestrian subways, / irrigation & water supply projects, including the building of dams, tunnels, lift irrigation schemes.

Civil Construction Services: Company’s Promoters began their foray into the construction business by providing engineering and construction services for civil construction projects, especially the construction of buildings. The portfolio of civil construction projects that the company has successfully executed and is currently in various stages of completion includes mass housing projects and townships, industrial structures, an information technology park, corporate offices, hotels, hospitals and universities and educational campuses.

Transportation Engineering and Irrigation & Water Supply Projects: Company’s clients for this services includes Madurai Municipal Corporation Madurai, Tamil Nadu, Larsen & Tamil Nadu Water Supply & Drainage Board Toubro, Chennai,etc.

Power Plant Projects: Company’s clients for this services includes Andhra Pradesh Power General Corporation and Thermax Instrumentation Ltd, Pune, Maharashtra, etc and the order bagged from both of them are of the value worth Rs 14.24 crore and 12 crore respectively.

Its major clients:

• National Thermal Power Corporation, Chennai

• Neyveli Lignite Corporation, Tamil Nadu.

• Chennai Corporation, Chennai

• Driplex Water Engineering, Pune, Maharashtra.

• M/s IVRCL Infrastructures Limited, Hyderbad.

• Larson & Tubro Limited, Chennai, Tamil Nadu.

• Chemplast Sanmar Limited, Chennai

• Bharat Heavy Electricals Limited, Tamil Nadu

• HSCC (India) Limited, Noida, (U.P)

• APGENCO, Hyderabad. Andhra Pradesh.

• ELCOT. Tamil Nadu.

• M/s TNPL Limited

• Raasi Seeds, Chinnasalem

• Siemens, Chennai.

• Lanco Infratech Limited,Hyderbad

• Chennai Petroleum Corporation Limited, Chennai

Major Events in the History of the Company:

1995 - Incorporated as R.P.P. Constructions (Private) Limited

1996 - Pursuant to an Agreement of Acquisition dated may 3, 1996, the Company acquired the business of R.P.P. Builders, a Partnership Firm on a going concern basis.

2009 - The name of the Company was changed to R. P. P. Infra Projects Private Limited.

2010 - The Company was subsequently converted to a public limited company pursuant to a Special Resolution passed at the Shareholders meeting held on January 21, 2010

Awards and Accreditations:

• Excellence of Construction award from 'Kondu Polytechnic College, Perundurai' in the year 2004.

• Excellence of Construction award from the Minister for Madurai Vegetable Market in the year 2009.

• Award for Construction of Anna University, Chennai in the year 2005.

• Excellence of Construction firm from Builders Association of India in the year 2010.

• Excellence of construction award from 'Neyveli Lignite Corporation, Neyveli' in the year 2007.

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