Gayatri Projects Ltd Stock Analysis

BSE: 532767 | NSE: GAYAPROJ | Engineering - Construction | Small Cap

BSE Share Price 08-Jun-2023 15:11
6.25 0.19 (3.14%)

DeciZen - Make an Informed Decision on Gayatri Projects

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

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

Semi Strong

Gayatri Projects Price Chart

P/E Ratio ( CD) :
0.00
Market Cap :
113.4 Cr.
52-wk low :
4.5
52-wk high :
19.8
Bole Toh?

1. Is Gayatri Projects Ltd a good quality company?

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

2. Is Gayatri Projects Ltd undervalued or overvalued?

The key valuation ratios of Gayatri Projects Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Gayatri Projects Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Gayatri Projects Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Gayatri 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.
Gayatri Projects 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'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 3.2%2.2%2.4%3%6.4%10%11.4%6.4%9.6%-20.9%-
Value Creation Index -0.8-0.8-0.8-0.8-0.5-0.3-0.2-0.5-0.3NA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,9711,5941,5011,7262,1152,9123,4633,4393,9013,1021,369
YoY Gr. Rt. %--19.1%-5.9%15%22.5%37.7%18.9%-0.7%13.4%-20.5%-
Adj EPS 1.9-1.1-2-1.60.64.38.6-32.1-45.9-77.7
YoY Gr. Rt. %--158.9%NANANA623.7%100.9%-135.4%NA-2254.9%-
BVPS (₹) 44.242.248.43128.95462.748.650.9-0.3-51.1
Adj Net Profit 29.1-17.1-30.2-27.610.580161-56.839.9-859-1,455
Cash Flow from Ops. 1,246600-23.5470234213516361228-695-
Debt/CF from Ops. 5.215.7-181.28.19.410.84.35.69.2-3.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 5.2%8%-3.6%-20.5%
Adj EPS -242.3%-338.9%-274.9%-2254.9%
BVPS -156.5-139-116.1-100.5
Share Price -8.4% -49% -27.4% -62.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 4.6-2.6-4.4-4.3210.514.7-5.54.3-181.2302.5
Op. Profit Mgn % 2225.122.91215.316.715.711.311.2-12.6-64.3
Net Profit Mgn % 0.6-1.9-3.1-0.91.24.35.2-0.91-27.7-106.3
Debt to Equity 9.814.85.874.32.31.92.22.2-561.5-
Working Cap Days 4576136285184493913954484135000
Cash Conv. Cycle 5028356342476476631150

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 302.50%

Sales growth has been subdued in last 3 years -3.60%

Sales growth is not so good in last 4 quarters at -65.86%

Latest Financials - Gayatri Projects Ltd.

Standalone Consolidated
TTM EPS (₹) -76.1 -77.7
TTM Sales (₹ Cr.) 1,369 1,369
BVPS (₹.) -46.8 -51.1
Reserves (₹ Cr.) -914 -995
P/BV -0.13 -0.12
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 4.54 / 19.80
All Time Low / High (₹) 4.54 / 237.55
Market Cap (₹ Cr.) 113
Equity (₹ Cr.) 37.4
Face Value (₹) 2
Industry PE 30.5

Management X-Ray of Gayatri Projects :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *97.2897.2699.3597.3697.3697.3697.2978.3072.4072.40
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Gayatri Projects

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Gayatri Projects Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Gayatri Projects on 08-Jun-2023 15:11 is : 6.25.
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 08-Jun-2023 15:11 the market cap of Gayatri Projects stood at ₹ 113.4.
The latest PE ratio of Gayatri Projects as of 08-Jun-2023 15:11 is 0.00.
The latest PB ratio of Gayatri Projects as of 08-Jun-2023 15:11 is -0.13
The 52-week high of Gayatri Projects is ₹ 19.80 and the 52-week low is ₹ 4.54.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Gayatri Projects is ₹ 1,369 ( Cr.) .

About Gayatri Projects Ltd

Gayatri Projects was incorporated as a Private Limited company on September 15, 1989, under the Companies Act, 1956 as Andhra Costal Construction Private Limited in the state of Andhra Pradesh. The name of the company was changed to Gayatri Projects Private Limited with effect from March 31, 1994 and it was converted into a Public limited company with effect from December 2, 1994.

Gayatri Projects Limited (GPL), an ISO 9001 – 2000 company, is one of the fastest growing construction company in India executing major civil works including construction of concrete/masonry dams, earthen dams, national highways, bridges, canals, aqueducts, airports, ports, etc.

The company owns a fleet of construction equipments comprising of heavy earth moving machines such as hydraulic excavators, loaders, dozers, earth compacters, concreting plants such as batching plants, concrete mixers, transit mixers, concrete pavers, road equipment such as vibratory tandem rollers, electric paver finishers, mechanical paver finishers, hot mix plants, static rollers, truck mounted pressure bitumen sprayer, integrated stone crushing plants, quarry equipments like wagon drills, jack hammers, air compressors, transportation equipments such as cars and jeeps, tippers, tractors, water tankers, trailers, fabrication and erection plant such as welding generators, gas cuttings sets, work shop equipments, cranes, generators and other miscellaneous equipments.

GPL is sincerely committed to customer satisfaction in providing consistent quality products and services in construction projects with latest engineering practices under safe ad healthy work environment with continual improvement of Quality Management System involving all employees.

GPL has established a pre-eminent position in the construction industry in India with a current order book of Rs. 2000 cr. The company has completed several projects of national importance like National Thermal Power Corporation, National Aluminium Company, South Eastern Railways, etc. Today, it is associated with clients such as Jindal Vijaynagar Steel, International Airports Authority (Calicut Airport), Kakinada Port Project, Upper Krishna Project in Karnataka, Sardar Sarovar Project in Gujarat and various irrigation projects in Maharashtra Govt. and Orissa Irrigation Department.

GPL is managed by the professional team of the board of directors ably supported by the highly qualified and experienced team of employees. Projects undertaken by the company:

The company has executed various types of civil works like Irrigation projects, national highways, mass excavation, ports, airport construction, etc. amounting to Rs.1410.13 crores during the last five years. Some of them are-

  • Construction of Indi Branch Canal from KM 0.00 to 10.00,
  • Construction of Narmada Main Canal from 168 to KM 177, KM 188 to KM 198, KM 250 to KM 263, Rehabilitation and Modernization of Distributory System of KC Package N4-11A.
  • Construction of Dam 2&3-expansion project for NALCO at Damanjodi,
  • Construction of Raw Water Pond for Jindal Vijayanagaram Steel Limited.
  • Area Grading Roads drains for NFCL phase-II, Kakinada, Site grading and construction of roads drains and ponds at Reliance Petroleum Ltd. Project site, Jamnagar, development of a garment complex at Thane, land development & allied works.
  • Civil Engineering Works in Auxiliary Shops Zone-M of Visakhapatnam Steel Plant valuing Rs.1354 lakh, civil, structural and architectural work at HPCL terminal, Vijayawada valuing Rs.1372.11 lakh.
  • Construction of New BG Railway line in 3 sections i.e. KR-51, KR-55 & KR-57 for Koraput-Rayagada Lane, construction of approach berths and back-up area at Kakinada Port Cont-C2.

The company currently has lots of ongoing projects some of them are- 4-laning from Km.93.00 to Km.60.00 of Bijni to WB Border, Rehabilitation and Upgrading of km.104.000 to Km.170.000 Jhansi, Civil Engineering works for Coal Handling Plant at Visakhapatnam, Neelachal Ispat Nigam Limited - Civil Works of Auxiliary units for Phase-II, Construction of Park Hyatt Hotel at Hyderabad, etc.

The company had entered into various joint ventures to carry on its activities, these include-

  • IJM-Gayatri JV has been formed on December 21, 1998 in the ratio of 60:40.
  • Gayatri-Ranjit JV has been formed on February 2, 2001 in the ratio of 55:45 for the purpose of preparation, submission of prequalification document and performs contract works viz. Kishangarh-Udaipur Section of NH-8 and Udaipur-Ratanpur-Gandhinagar of NH-8.
  • Simplex-Gayatri Consortium has been formed on December 4, 2001 in the ratio of 70:30 for the purpose of submitting an offer for the work of Four Laning of Satara-KolhapurJaiprakash-Gayatri JV has been formed on July 9, 2004 in the ratio of 60:40.
  • RNS-GPL Joint Venture has been formed on May 7, 2005 in the ratio of 50:50 for tendering and execution of work consisting of construction and completion of widening and strengthening of roads from Ramanathapuram to Tuticorn.
  • Gayatri-ECI JV has been formed on August 18, 2005 in the ratio of 75:25 for executing the works for widening and strengthening of existing National Highway,WB from 2-lane to 4-lane.

All of them are unincorporated joint ventures in the nature of partnership.

Awards/Achievements

The company has been awarded ISO 9001:2000 and Q9001-2000 Quality Certificate by American Quality Assurance International, LLC, USA.

2010-11 - Awarded the ISO 9001:2008 Quality Certificates by Amercian Quality Assurance International, LLC, USA.
2012 - Gayatri Projocts Ltd. Launch of New Logo and Brand Guide Lines.

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login | Register Now