X

Conart Engineers Ltd Stock Analysis

Small Cap
Evaluated by 176 users | BSE: 522231 | NSE: |
Engineering - Construction
Conart Engineers was promoted by Vinod Sura, as Conart Builders Private Limited, on December 14, 1973. The company is one of the leading companies involved in detailed engineering, procurement and construction of industrial, commercial, residential and infrastructures. The company is backed by...

Analysis of Financial Track Record

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.
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 6.98%6.01%-0.69%0.9%8.75%7.98%8.64%7.29%9%4.57%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 3926.524.58.419.120.820.422.53125.2
Y-o-Y Gr. Rt.--32%-7.8%-65.6%127%8.6%-1.5%10.2%37.9%-18.7%
Adjusted EPS (Rs.) 2.592.42-0.820.263.913.744.373.835.352.9
Y-o-Y Gr. Rt.--6.6%-133.9%NA1403.9%-4.4%16.8%-12.4%39.7%-45.8%
Book Value per Share (Rs.) 42.5645.244.3944.6645.1448.8553.1956.6462.2365.45
Adjusted Net Profit 0.80.7-0.30.11.21.11.31.21.70.9
Net Op. Cash Flow (Rs. Cr.) -1.70.20.132.4-0.40.1-0.2-0.52.1
Debt to Cash Flow from Ops -0.933.817.020.10.03-0.741.32-0.300
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Conart Engineers Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -4.7%5.7%7.3%-18.7%
Adjusted EPS 1.3%-5.8%-12.8%-45.8%
Book Value per Share 4.97.77.25.2
Share Price 5.9% 0.3% -15.8% 8.8%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 6.285.52-1.830.598.717.958.567.1494.54
Operating Profit Margin (%) 2.324.97-1.12-2.473.648.119.58.177.495.6
Net Profit Margin (%) 1.992.74-1.010.946.145.46.415.355.413.61
Debt to Equity 0.120.070.070.020.010.020.01000
Working Capital Days 122193193433131129172184168220
Cash Conversion Cycle 62888417951539210997134
Entity Percentage Holding
Promoters 44.54%
Non-Institutions 55.46%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Conart Engineers Ltd's performance infers:

Conart Engineers Ltd earnings have declined by -5.8%, whereas share price has appreciated 0.3% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Conart Engineers Ltd share prices over the last 10 years. Here is what we found out:

Conart Engineers Ltd share price has appreciated 2.9% annually over the past ten years.

Conart Engineers was promoted by Vinod Sura, as Conart Builders Private Limited, on December 14, 1973. The company is one of the leading companies involved in detailed engineering, procurement and construction of industrial, commercial, residential and infrastructures. The company is backed by a qualified and experienced management, dedicated employees, adequate manpower and equipment resources, and an ISO 9000 certified Quality Management System.

The company has a proven track record of

Conart Engineers was promoted by Vinod Sura, as Conart Builders Private Limited, on December 14, 1973. The company is one of the leading companies involved in detailed engineering, procurement and construction of industrial, commercial, residential and infrastructures. The company is backed by a qualified and experienced management, dedicated employees, adequate manpower and equipment resources, and an ISO 9000 certified Quality Management System.

The company has a proven track record of successful project completions, several awards and recognitions, which has enabled it to maintain the existing clientele and secure new ones.

A high level of interaction exists within the organisation. Implementation of ideas is considered from the grass root level, which is the essence of a healthy relationship between the employees and the management.

A performance-based incentive that offers advancement in the hierarchy is an added motivation for the employees.

Current projects of the company:

  • Weavette Textile Pvt Ltd. for a contract value of Rs 30 lakh
  • Pantaloon Retail (I) Ltd., Pantaloon House, G-11, Andheri( Mumbai) contract worth Rs 2 crore.
  • RPG Life Sciences Limited contract value worth Rs 2.86 crore.
  • Calyx Chemicals & Pharmaceuticals contract value worth Rs 70 lakh and many more.

Clientele:

Advani Oerlikon Ltd, Mumbai ,  Astral Glass Pvt. Ltd, Mumbai, Bell Ceramics Ltd, Vadodara, Chirag Pack India Pvt. Ltd, Mumbai, Conway Printers Pvt. Ltd, Mumbai, Denta Brushes Pvt. Ltd, Vadodara, General Motors India Limited, Halol ( Gujarat ),  Hindustan Gum & Chemicals Ltd, Ahmedabad, Indrox Global Pvt. Ltd, Delhi  Jewel Brushes Pvt. Ltd, Vadodara and many more.

The company has undertaken construction for various industries

  • Pharmaceutical 
  • Chemical 
  • Petrochemical 
  • Textile 
  • Heavy Engineering
  • Manufacturing 

Achievements/ recognition:

  • ACCE Award.  1999- The company is a recipient of ACCE L & T Endowment Award - 1999 for Excellence in Construction of Industrial Structure for the Construction of Turbine Generator Workshop for M/s. Asea Brown Boveri Ltd. at Maneja,Vadodara, Gujarat.
  • ISO 9001  Certification - accredited by Joint Accreditation System of Australia and New Zealand (JAS-ANZ) to comply with ISO 9001, 2000 requirements.
  • NICMAR  - 200 Listing- The company has made it to within the top NICMAR-200 - the list of India's fastest growing companies in construction sector
  • The company's projects have been published in well known Construction Industry Magazines.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback