1. Is Simplex Projects Ltd a good quality company?
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Simplex Projects Ltd is a below average quality company.
2. Is Simplex Projects Ltd undervalued or overvalued?
The key valuation ratios of Simplex Projects Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is Simplex Projects Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Simplex Projects Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||11.7%||5.7%||5.8%||6.2%||1%||-3.9%||4.5%||0.9%||0.6%||0.4%||-|
|Value Creation Index ⓘ||-0.2||-0.6||-0.6||-0.6||-0.9||-1.3||-0.7||-0.9||-1.0||-1.0||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||-29.6%||-3.1%||28.3%||-30.1%||3.9%||21%||-46.8%||-1.5%||-38.5%||-|
|Adj EPS ⓘ||25.6||3.9||4||6.3||-28.7||-65.7||3.9||1.7||1.3||0.7||2.4|
|YoY Gr. Rt. %||-||-85%||3.6%||57.8%||-555%||NA||NA||-56.2%||-22.5%||-49.6%||-|
|BVPS (₹) ⓘ||168.2||170.9||174.2||168.2||148.2||94||90.1||94.9||99.9||108.1||68|
|Adj Net Profit ⓘ||32.3||4.9||5||8||-36.2||-82.8||4.9||2.1||1.7||0.8||3|
|Cash Flow from Ops. ⓘ||-76.5||-39.5||-36.4||46.3||7.6||-68.9||27.7||35.4||-79.9||-97.9||-|
|Debt/CF from Ops. ⓘ||-4.4||-8.7||-11.1||9||60.6||-8.6||21.9||16.1||-8.3||-7.9||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||-33.4%||NA||-44.5%||-49.6%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||16.6||2.3||2.3||3.7||-18.2||-54.3||4.2||1.8||1.4||0.6||2.7|
|Op. Profit Mgn % ⓘ||12||11.9||12.6||10.6||8.4||2.8||9.8||6.4||5.5||8.9||7.9|
|Net Profit Mgn % ⓘ||5.2||1.1||1.2||1.5||-9.4||-20.8||1||0.8||0.7||0.5||1.8|
|Debt to Equity ⓘ||1.6||1.6||1.8||2||2.5||5||5.3||4.8||5.3||5.7||-|
|Working Cap Days ⓘ||421||945||1,101||984||1,547||1,576||1,312||2,487||2,613||4,476||0|
|Cash Conv. Cycle ⓘ||297||688||837||734||1,135||1,189||1,077||1,596||1,184||2,171||0|
Return on Equity has increased versus last 3 years average to 2.70%
Sales growth is good in last 4 quarters at 181.78%
Sales growth has been subdued in last 3 years -31.43%
Net Profit has been subdued in last 3 years -44.50%
Debt to equity has increased versus last 3 years average to 5.70
|TTM EPS (₹)||2.4||2.2|
|TTM Sales (₹ Cr.)||170||170|
|BVPS (₹.) ⓘ||68||64.8|
|Reserves (₹ Cr.) ⓘ||73||69|
|From the Market|
|52 Week Low / High (₹)||10.45 / 11.56|
|All Time Low / High (₹)||7.21 / 486.00|
|Market Cap (₹ Cr.)||13.2|
|Equity (₹ Cr.)||12.6|
|Face Value (₹)||10|
|Industry PE ⓘ||41.5|
Simplex Projects (SPL) was incorporated in the year 1990 as a public limited company. The registered office of the company at Calcutta controls project sites all over India. In a decade of its working SPL has emerged as a renowned civil engineering and construction company. The company has procured a fleet of costruction equipment over this period.
Simplex Projects has complete access to technical collaborations with International construction giants for advanced techniques and research facilities in construction. Having constructed over 70 Road and Rail-over-Bridges, over half a million square feet of residential and commercial buildings, power plants to chemical factories, multiplexes to shopping malls.
The company remains versatile in a range of activities ranging from ground engineering to electro-mechanical design, fabrication and installation. At Simplex Projects, they possess some of the best engineering skills and that led them to have in their fold many 'First time in India' credits in the field of civil and mechanical construction. The company also has the second largest fleet of piling rigs in eastern part of the country, besides several other top class construction equipments and machineries.
Today, Simplex Projects offers a perfect blend of engineering skill and latest technologies for the infrastructure growth. It got listed in the Bombay and National Stock Exchange in 2007 at Rs 180 and the stock prices reached its peak at Rs 480.
Activities and services offered by the company:
The ongoing projects of the company include:
Construction of 560 M length ROB at Mithapur, Patna for Eastern Railway for Rs150 million. (Multiple Span 39.1 Mtrs.)
12 nos. ROBs varying from 500 to 750 mtrs. long (total 12,000 M length) at various locations in and around Ranchi and Dhanbad in the state of Jharkhand for Konkan Railway Corpn. Ltd. Approximate value of the job is Rs.650 million.
Bhutan - Construction of Thimphuchu Bridge on Thimbu Babesa Expressway for Royal Govt. of Bhutan, Dept. of Bridges Job value Rs.52.9 million approx - 50% work completed.
Construction of ROB work at Patna for apprx. Rs.86 million, main client being IRCON and contractor being Nagarjuna Construction Co. Ltd. on back to back basis. (Total length 2500 mtrs. (70 multiple span).
For NBCC a central government body for the construction of a hospital in the city of Thoubal, Manipur. The job value is Rs 220 million only.For NBCC a central government body for the Construction of the New Market Complex in the Imphal city, Manipur. The job value is Rs 90 million only.
The company is installing about 4000 nos (800000 RM approx) of 500, 550 & 600 mm dia pile works Cast in Situ Driven Pile for their housing project in Kolkata. Godrej Properties, Mumbai
Differen divisions of the company :
Design and Construction Management
Achievements/ recognition :