C&C Constructions Ltd - Stock Valuation and Financial Performance

BSE: 532813 | NSE: CANDC | Engineering - Construction | Small Cap

C&C Constructions Share Price

2.36 0.00 0.00%
as on 27-Oct'22 18:59

DeciZen - make an informed investing decision on C&C Constructions

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C&C Constructions stock performance -

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P/E Ratio (SA):
0.28
Market Cap:
6 Cr.
52-wk low:
2.2
52-wk high:
2.4

Is an attractive stock to invest in?

1. Is a good quality company?

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

2. Is undervalued or overvalued?

The key valuation ratios of C&C Constructions Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is a good buy now?

No data found

10 Year X-Ray of C&C Constructions:

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.
C&C Constructions 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

Jun'09Jun'10Jun'11Jun'12Jun'13Jun'14Jun'15Mar'16Mar'17Mar'18TTM
ROCE % 11.6%12.3%9.5%3.5%-5%2.8%-4.8%5.2%11.7%9.2%-
Value Creation
Index
-0.2-0.1-0.3-0.8-1.4-0.8-1.3-0.6-0.2-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 7501,1681,2921,1481,0011,2831,0131,023949943967
Sales YoY Gr.-55.8%10.5%-11.1%-12.9%28.2%-21%1%-7.3%-0.6%-
Adj EPS 22.529.516.5-28.2-78.1-31.6-75.5-11.315.8-0.88.4
YoY Gr.-31.2%-44.3%-271.2%NANANANANA-105.3%-
BVPS (₹) 191.3225.6244.6216139.6109.334.736.141.457.878.2
Adj Net
Profit
41.169.138.5-71.8-199-80.3-192-28.840.2-2.121
Cash Flow from Ops. -12460.2-94.3116-34.12489027254.4283-
Debt/CF from Ops. -4.911.8-1110.1-38.95.214.55.6213.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 2.6%-1.2%-2.4%-0.6%
Adj EPS -169.4%NANA-105.3%
BVPS-12.5%-16.2%18.6%39.5%
Share Price -23.3% -24.9% -22.1% -

Key Financial Parameters

Performance Ratio Colour Code Guide

Jun'09Jun'10Jun'11Jun'12Jun'13Jun'14Jun'15Mar'16Mar'17Mar'18TTM
Return on
Equity %
12.515.86.7-12.3-42.2-22.7-86.9-18.632.1-1.312.3
Op. Profit
Mgn %
18.720.219.513.12.710.6317.221.617.57
Net Profit
Mgn %
5.55.93-6.3-19.9-6.3-19-2.84.2-0.22.2
Debt to
Equity
1.71.31.72.13.74.614.816.710.86.3-
Working Cap
Days
352360422574720573689862712769242
Cash Conv.
Cycle
1912012533382891161171168677-91

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

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

Latest Financials - C&C Constructions Ltd.

Standalone Consolidated
TTM EPS (₹) 8.4 -11.9
TTM Sales (₹ Cr.) 967 1,070
BVPS (₹.) 78.2 -19.6
Reserves (₹ Cr.) 173 -75
P/BV 0.03 -0.12
PE 0.28 0.00
From the Market
52 Week Low / High (₹) 2.23 / 2.43
All Time Low / High (₹) 1.91 / 350.00
Market Cap (₹ Cr.) 6
Equity (₹ Cr.) 25.5
Face Value (₹) 10
Industry PE 42.2

Management X-Ray of C&C Constructions:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *78.4778.4778.4778.4778.4778.4778.4778.4778.4778.32
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of C&C Constructions

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSJun'09Jun'10Jun'11Jun'12Jun'13Jun'14Jun'15Mar'16Mar'17Mar'18
Sales750.131,168.451,291.531,148.191,000.501,282.531,013.43767.34948.62943.29
Operating Expenses 609.97932.621,039.53998.55975.451,146.30983.30638.57748.92791.45
Manufacturing Costs170.57361.52452.78346.61323.42364.59382.16287.85237.65481.46
Material Costs344.19407.04404.44465.98486.24600.04456.72240.87377.36208.53
Employee Cost 60.46117.54126.16122.54108.90115.0298.8373.3685.9962.07
Other Costs 34.7546.5256.1663.4256.9066.6645.6036.4947.9239.39
Operating Profit 140.17235.83252149.6425.04136.2330.13128.77199.71151.84
Operating Profit Margin (%) 18.7%20.2%19.5%13.0%2.5%10.6%3.0%16.8%21.1%16.1%
Other Income 10.7011.707.446.279.1224.7030.4619.5045.396.92
Interest 69.1294.48140.10186.16162.37180.25171.46130.74154.49160.88
Depreciation 24.9444.7836.9935.7339.9535.6956.0140.4342.0532.19
Exceptional Items 0019.3307.84-5.08-16.190-0.7276.01
Profit Before Tax 56.80108.28101.67-65.98-160.32-60.10-183.07-22.8947.8441.69
Tax 15.7039.1949.62633.9816.966.88-3.6111.620.19
Profit After Tax 41.1069.0952.05-71.98-194.30-77.06-189.95-19.2936.2241.50
PAT Margin (%) 5.5%5.9%4.0%-6.3%-19.4%-6.0%-18.7%-2.5%3.8%4.4%
Adjusted EPS (₹)22.529.522.3-28.3-76.4-30.3-74.7-7.614.216.3
Dividend Payout Ratio (%)12%9%12%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSJun'09Jun'10Jun'11Jun'12Jun'13Jun'14Jun'15Mar'16Mar'17Mar'18

Equity and Liabilities

Shareholders Fund 349.23527.56622.12549.48355.18278.1388.1868.89105.33146.95
Share Capital 18.2623.3973.3925.4525.4525.4525.4525.4525.4525.45
Reserves 330.97504.17548.73524.04329.74252.6862.7343.4479.89121.51
Minority Interest0000000000
Debt608.94709.13881.891,035.661,252.811,154.601,130.771,013.461,008.55789.85
Long Term Debt608.94709.13198.37231.98828.18746.14662.02553.86491.84319.37
Short Term Debt00683.52803.69424.64408.46468.76459.60516.71470.48
Trade Payables221.27360.18321.03229.07277.69315.83311.46301.69205.74279.58
Others Liabilities 278.10324.40508.14862.47846.95965.17855.49980.661,045.611,310.77
Total Liabilities 1,457.541,921.282,333.192,676.682,732.642,713.722,385.902,364.692,365.232,527.16

Fixed Assets

Gross Block399.98498.32483.58551.18572.39573.30568.52564.74261.02240.89
Accumulated Depreciation83.83124.60128.34160.91197.96215.87268.41304.4037.4064.74
Net Fixed Assets316.15373.72355.25390.28374.43357.44300.11260.34223.61176.14
CWIP 9.919.6519.6111.994.853.914.273.683.120
Investments 49.70150.16237.08276.95276.95241.29220.67220.67220.67225.61
Inventories340.81868.441,074.411,071.58470.22425.13340.86391.50184.11184.56
Trade Receivables349.66156.06254.61240.49306.17287.34232.44225.17266.81344.50
Cash Equivalents 84.7476.9946.9562.5765.5092.6554.3960.4435.6831.90
Others Assets306.57286.26345.28622.821,234.531,305.971,233.161,202.901,431.221,564.45
Total Assets 1,457.541,921.282,333.192,676.682,732.642,713.722,385.902,364.692,365.232,527.16

Cash Flow

(All Figures are in Crores.)
PARTICULARSJun'09Jun'10Jun'11Jun'12Jun'13Jun'14Jun'15Mar'16Mar'17Mar'18
Cash Flow From Operating Activity -124.2160.19-94.33115.50-34.10247.6690.01203.7454.35283.01
PBT 56.80108.28102.89-65.98-160.32-60.10-183.07-22.8947.8441.69
Adjustment 77.39110.86133.51214.50188.18213.63235.34164.43167.07191.81
Changes in Working Capital -250.74-136.33-285.28-12-51.37123.6157.2377.58-153.253.59
Tax Paid -7.66-22.62-45.45-21.02-10.59-29.49-19.48-15.37-7.36-4.09
Cash Flow From Investing Activity -128.27-202.56-95.56-103.13-18.3018.915.01-3.1715.853.93
Capex -128.27-102.10-8.81-63.29-18.40-16.970.59-3.17-3.338.09
Net Investments 0-100.46-86.92-40.06035.664.4300-4.94
Others 000.160.220.110.220019.180.78
Cash Flow From Financing Activity 284.90144.98187.827.8645.60-223.21-133.28-194.53-88.83-295.39
Net Proceeds from Shares 0123.605003800000
Net Proceeds from Borrowing 009.0673.35541.38-33.17-30.80-62.36-8.84-94.53
Interest Paid -47.41-72.94-116.35-178.65-154.73-173.87-162.77-120.89-145.41-149.97
Dividend Paid -5.87-5.87-7.50-7000000
Others 338.19100.20252.62120.17-379.05-16.1860.29-11.2765.42-50.88
Net Cash Flow 32.422.61-2.0720.23-6.7943.35-38.266.05-18.63-8.45
PARTICULARSJun'09Jun'10Jun'11Jun'12Jun'13Jun'14Jun'15Mar'16Mar'17Mar'18
Ratios
ROE (%)12.4915.769.47-12.84-42.95-24.34-103.71-24.5641.5832.9
ROCE (%)16.3818.4816.727.130.127.25-0.778.0315.9616.92
Asset Turnover Ratio0.670.690.610.460.370.470.40.320.40.39
PAT to CFO Conversion(x)-3.020.87-1.81N/AN/AN/AN/AN/A1.56.82
Working Capital Days
Receivable Days120795879100849410995118
Inventory Days13318927534128112713817411171
Payable Days110154203172184180250449235425

C&C Constructions Ltd Stock News

C&C Constructions Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of C&C Constructions on 27-Oct-2022 18:59 is ₹2.36.
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 27-Oct-2022 18:59 the market cap of C&C Constructions stood at ₹6.01.
The latest P/E ratio of C&C Constructions as of 27-Oct-2022 18:59 is 0.28.
The latest P/B ratio of C&C Constructions as of 27-Oct-2022 18:59 is 0.03.
The 52-week high of C&C Constructions is ₹2.43 and the 52-week low is ₹2.23.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of C&C Constructions is ₹967.1 ( Cr.) .

About C&C Constructions Ltd

The company was incorporated in July 1996 by professionals having experience in the field of infrastructure development as C&C Constructions Private Limited and changed its name to C&C Constructions Limited in 2006. The company is based in Gurgaon, India

Since its incorporation, it has acquired expertise in EPC contracts, and has recently forayed into urban infrastructure projects. It commenced its construction projects by undertaking two contracts of Rs 0.3 million each in 1996 and presently has a prequalification capacity to quote for contracts over Rs 18 billion.

C & C Constructions Limited operates as an infrastructure development company in India. The company engages in the construction of highways and airports; laying of optic fiber cables; and maintenance of telecom networks. Its services include construction of airfield pavements; state and national highways; city and rural roads; bridges and culverts; OFC backbone projects; runway lighting; sign posting and thermoplastic road/runway marking; highway safety systems; and operation and maintenance services.

C & C Constructions Ltd. has a unique business model, with proven expertise in innovative thinking, project and cost management. The company is focused on delivering high quality work within budgeted time and costs, as evident in the various accolades and repeat business. A key objective has also been to continuously broad base the operating portfolio and enhance the order book, thus opening new avenues to growth and profitability. The company has also developed an appropriate blend of entrepreneurs and hands on professionals, constantly thinking & executing innovative and cost effective solutions to clients' requirements.

The company has ownership of critical high end and modern construction equipment such as crushers, excavators, cranes, batching plants, pavers, etc. The asset base of the company stands over Rs 2000 million. Ownership of such high end equipment enables quick mobilization besides ensuring continuous availability of critical equipment.

The company has more than 1100 employees including Engineers, MBAs and CAs and its major clients include :

  • National Highways Authority of India
  • Airports Authority of India
  • Public Works Department of various State Government
  • Punjab Infrastructure Development Board
  • Public Works Department, Afghanistan
  • The Louis Berger Group, Inc
  • RITES Limited
  • UNOPS

The company undertakes projects under following sectors: Roads & Highways projects

  • State & National Highway
  • City Roads
  • High Capacity Transport Corridors
  • Bridges & Culverts
  • Highway safety system
  • Operation & Maintenance

Water Sanitation and Sewerage projects

  • Water Sanitation Facilities
  • Providing and installing Sewerage System
  • Water Sewerage Treatment Plant
  • Irrigation Piping Network

Power / Telecom Transmission Tower projects

  • Optical Fiber Cable ( OFC) backbone Projects
  • Tower Foundation and Erection
  • DG Foundation & Installation

Commercial Buildings Projects

  • Integrated Township
  • Corporate Parks
  • IT Parks and Campus Developement

Milestones achieved

  • In 1996, the very year of its establishment it got first road project in Punjab.
  • In 1997, awarded airport project in Kerala
  • In 2000, awarded first Highway project in Durgapur
  • In 2001, executed first JV with BSCPL
  • In 2003, it secured first overseas road project in Afganistan
  • In 2005, it was awarded 3 large contracts in Bihar.
  • In 2007, it got BOT Project on National Highway.
  • In 2008, it got first water & sewerage project in Jabalpur.

Subsidiary/ joint venture

The company has executed infrastructure projects in the past independently and in joint ventures. Its joint venture partners include M/S BSCPL with whom it has been working for over eight years. Recently it has entered another joint venture with Sukhmani Engineers to address the water sewerage and sanitation segment in the infrastructure space.

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