Conart Engineers Ltd - Stock Valuation and Financial Performance

BSE: 522231 | NSE: | Engineering - Construction | Small Cap

Conart Engineers Share Price

152.90 1.10 0.72%
as on 12-Jul'24 16:01

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Conart Engineers stock performance -

mw4me loader
P/E Ratio (SA):
15.48
Market Cap:
47.7 Cr.
52-wk low:
40.2
52-wk high:
172.5

Is Conart Engineers Ltd an attractive stock to invest in?

1. Is Conart Engineers Ltd a good quality company?

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

2. Is Conart Engineers Ltd undervalued or overvalued?

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

3. Is Conart Engineers Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Conart Engineers 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 Conart Engineers:

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.
Conart Engineers 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 0.9%8.8%8%8.6%7.3%9%4.6%5%6%8.3%-
Value Creation
Index
-0.9-0.4-0.4-0.4-0.5-0.4-0.7-0.6-0.6-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 8.419.120.820.422.53125.221.736.635.549
Sales YoY Gr.-127%8.6%-1.5%10.2%37.9%-18.7%-13.9%68.4%-2.9%-
Adj EPS 0.33.93.74.43.85.42.93.34.26.39.8
YoY Gr.-1403.9%-4.4%16.8%-12.4%39.7%-45.8%14.1%27.2%49.6%-
BVPS (₹) 44.745.148.953.256.662.265.56873.480.592.5
Adj Net
Profit
0.11.21.11.31.21.70.911.323
Cash Flow from Ops. 32.4-0.40.11.3-0.51.92-1.54.1-
Debt/CF from Ops. 0.10-0.71.30.100000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 17.3%9.5%12.1%-2.9%
Adj EPS 42.5%10.5%29.5%49.6%
BVPS6.8%7.3%7.2%9.6%
Share Price 27.5% 39.6% 50.8% 264.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
0.68.788.67.194.5568.211.4
Op. Profit
Mgn %
-2.53.68.19.58.27.55.64.24.98.27.3
Net Profit
Mgn %
0.96.15.46.45.45.43.64.83.65.66.3
Debt to
Equity
00000000000
Working Cap
Days
43313112917218416822022414515676
Cash Conv.
Cycle
179515392109971341449710857

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 11.40%

Sales growth is growing at healthy rate in last 3 years 12.06%

Net Profit is growing at healthy rate in last 3 years 29.51%

Sales growth is good in last 4 quarters at 80.70%

No data to display

Latest Financials - Conart Engineers Ltd.

Standalone Consolidated
TTM EPS (₹) 9.8 -
TTM Sales (₹ Cr.) 48.9 -
BVPS (₹.) 92.5 -
Reserves (₹ Cr.) 26 -
P/BV 1.64 -
PE 15.48 -
From the Market
52 Week Low / High (₹) 40.15 / 172.45
All Time Low / High (₹) 1.35 / 172.45
Market Cap (₹ Cr.) 47.7
Equity (₹ Cr.) 3.1
Face Value (₹) 10
Industry PE 44.5

Management X-Ray of Conart Engineers:

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 Conart Engineers

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
Sales8.4219.1120.7520.4322.5131.0325.2221.7136.5635.49
Operating Expenses 8.6518.4919.0818.5020.6828.7223.8120.8134.8232.57
Manufacturing Costs3.235.908.768.0810.6513.018.569.7316.349.42
Material Costs2.739.657.557.766.7912.8112.458.6114.9419.60
Employee Cost 1.090.920.850.800.840.830.840.68-63.90-65.51
Other Costs 1.602.021.921.862.402.071.971.7967.4469.07
Operating Profit -0.230.621.671.931.842.311.410.901.732.92
Operating Profit Margin (%) -2.8%3.2%8.1%9.4%8.2%7.4%5.6%4.2%4.7%8.2%
Other Income 0.931.120.490.570.330.450.670.960.470.18
Interest 0.070.030.030.050.0500.010.0100.03
Depreciation 0.470.530.510.520.490.500.510.440.470.54
Exceptional Items 0000000000
Profit Before Tax 0.161.181.631.941.622.261.561.411.742.53
Tax 0.080.060.520.630.420.590.370.370.450.56
Profit After Tax 0.081.121.121.301.201.671.191.041.281.97
PAT Margin (%) 1.0%5.9%5.4%6.4%5.3%5.4%4.7%4.8%3.5%5.6%
Adjusted EPS (₹)0.33.73.74.33.85.33.83.34.16.3
Dividend Payout Ratio (%)0%0%0%0%0%0%26%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 13.4013.5414.6615.9617.7919.5420.5521.3623.0625.28
Share Capital 33333.143.143.143.143.143.14
Reserves 10.4010.5411.6612.9614.6516.4017.4118.2219.9222.14
Minority Interest0000000000
Debt0.250.040.190.12000000.04
Long Term Debt0.020.040.190.12000000.04
Short Term Debt0.22000000000
Trade Payables1.221.271.981.993.024.843.262.943.452.73
Others Liabilities 0.882.051.942.262.442.322.232.082.362.31
Total Liabilities 15.7416.9018.7720.3323.2426.7126.0326.3928.8730.36

Fixed Assets

Gross Block8.646.647.387.217.418.107.707.658.8910.63
Accumulated Depreciation3.883.223.563.834.304.604.724.884.965.33
Net Fixed Assets4.763.423.823.383.113.502.992.763.935.30
CWIP 000.010000000
Investments 1.392.342.052.075.154.898.178.407.357.74
Inventories0.680.922.091.972.804.182.835.014.926.69
Trade Receivables3.542.873.807.037.4310.769.516.409.986.18
Cash Equivalents 1.925.094.294.272.911.910.851.350.572.77
Others Assets3.452.262.711.611.841.471.692.462.121.67
Total Assets 15.7416.9018.7720.3323.2426.7126.0326.3928.8730.36

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 2.992.41-0.410.141.25-0.491.931.99-1.484.07
PBT 0.161.181.631.941.621.761.561.411.742.53
Adjustment 0.220.380.200.150.290.850.33-0.330.140.44
Changes in Working Capital 2.741.04-2.16-2.08-0.18-2.690.410.59-3.151.47
Tax Paid -0.39-0.37-0.37-0.19-0.60-0.41-0.380.32-0.21-0.38
Cash Flow From Investing Activity -1.150.97-0.61-0.05-3.21-0.44-2.74-1.150.70-1.88
Capex -0.04-0.23-0.92-0.07-0.22-0.880.41-0.22-1.64-1.92
Net Investments -1.121.160.29-0.03-3.060.27-3.20-0.912.320.02
Others 0.020.030.020.050.080.170.05-0.010.020.03
Cash Flow From Financing Activity -0.62-0.210.22-0.110.60-0.07-0.39-0.0100.01
Net Proceeds from Shares 00000.7200000
Net Proceeds from Borrowing 0000000000.04
Interest Paid 000000-0.01-0.010-0.03
Dividend Paid 000000-0.31000
Others -0.62-0.210.22-0.11-0.12-0.07-0.06000
Net Cash Flow 1.223.17-0.80-0.02-1.36-1-1.200.83-0.782.20
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)0.618.337.918.517.128.965.944.945.788.17
ROCE (%)1.628.8511.5912.759.8512.17.846.797.8210.58
Asset Turnover Ratio0.491.171.161.051.031.240.960.831.321.2
PAT to CFO Conversion(x)37.382.15-0.370.111.04-0.291.621.91-1.162.07
Working Capital Days
Receivable Days2346159971171071471348283
Inventory Days41152636394151665060
Payable Days2934779931351121191317858

Conart Engineers Ltd Stock News

Conart Engineers Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Conart Engineers on 12-Jul-2024 16:01 is ₹152.9.
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 12-Jul-2024 16:01 the market cap of Conart Engineers stood at ₹47.71.
The latest P/E ratio of Conart Engineers as of 12-Jul-2024 16:01 is 15.48.
The latest P/B ratio of Conart Engineers as of 12-Jul-2024 16:01 is 1.64.
The 52-week high of Conart Engineers is ₹172.4 and the 52-week low is ₹40.15.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Conart Engineers is ₹48.89 ( Cr.) .

About Conart Engineers Ltd

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.
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