J Kumar Infraprojects Ltd - Stock Valuation and Financial Performance

BSE: 532940 | NSE: JKIL | Engineering - Construction | Small Cap

J Kumar Infraproject Share Price

635 -5.85 -0.91%
as on 12-Apr'24 10:20

DeciZen - make an informed investing decision on J Kumar Infraproject

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

J Kumar Infraprojects stock performance -

mw4me loader
P/E Ratio (SA):
16.02
Market Cap:
4,849 Cr.
52-wk low:
247.5
52-wk high:
715

Is J Kumar Infraprojects Ltd an attractive stock to invest in?

1. Is J Kumar Infraprojects Ltd a good quality company?

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

2. Is J Kumar Infraprojects Ltd undervalued or overvalued?

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

3. Is J Kumar Infraprojects Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of J Kumar Infraprojects 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 J Kumar Infraproject:

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.
J Kumar Infraprojects 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 % 13.3%12.2%9.6%8.8%9.5%10.9%10.4%5.5%11.2%12.8%-
Value Creation
Index
-0.1NA-0.3-0.4NANANANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,1871,3431,4091,6042,0512,7872,9712,5713,5274,2034,588
Sales YoY Gr.-13.2%4.9%13.9%27.8%35.9%6.6%-13.5%37.2%19.2%-
Adj EPS 15.114.61314.21823.324.38.427.236.340
YoY Gr.--3.2%-11.1%8.8%27.3%29.2%4.1%-65.5%224.7%33.3%-
BVPS (₹) 103.5122.4170.7183.8199.4220.4242249.4275.8309.2336.1
Adj Net
Profit
84.194.498.510713617618463.4206274303
Cash Flow from Ops. -25.258.664.1-22.226582.6259369381183-
Debt/CF from Ops. -22.18.85.5-19.72.28.42.61.41.12.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 15.1%15.4%12.3%19.2%
Adj EPS 10.2%15%14.3%33.3%
BVPS12.9%9.2%8.5%12.1%
Share Price 21.2% 34.9% 54.7% 151.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
15.613.89.589.411.110.53.410.412.412.4
Op. Profit
Mgn %
17.318.717.615.615.715.714.412.114.314.214.4
Net Profit
Mgn %
7.1776.76.76.36.22.55.86.56.6
Debt to
Equity
10.70.30.30.40.40.40.30.20.2-
Working Cap
Days
271281279321335279273313249242116
Cash Conv.
Cycle
13614415917816713210057495946

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 12.40%

Sales growth is growing at healthy rate in last 3 years 12.27%

Net Profit is growing at healthy rate in last 3 years 14.33%

Sales growth is not so good in last 4 quarters at 9.84%

Latest Financials - J Kumar Infraprojects Ltd.

Standalone Consolidated
TTM EPS (₹) 40 14
TTM Sales (₹ Cr.) 4,588 1,573
BVPS (₹.) 336.1 0
Reserves (₹ Cr.) 2,505 1,351
P/BV 1.91 0.00
PE 16.02 45.94
From the Market
52 Week Low / High (₹) 247.50 / 714.95
All Time Low / High (₹) 19.00 / 714.95
Market Cap (₹ Cr.) 4,849
Equity (₹ Cr.) 37.8
Face Value (₹) 5
Industry PE 41.9

Management X-Ray of J Kumar Infraproject:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *22.6722.6722.6722.6722.6722.6722.6722.6722.6722.67
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of J Kumar Infraproject

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
Sales1,1871,3431,4091,6042,0512,7872,9712,5713,5274,203
Operating Expenses 9811,0931,1601,3541,7302,3512,5422,2593,0233,606
Manufacturing Costs205184159194259281232230269272
Material Costs6827998869661,2091,7201,8171,6122,2682,784
Employee Cost 777478127197248299231279309
Other Costs 1735376765101194186206241
Operating Profit 206251248251321436429311505597
Operating Profit Margin (%) 17.3%18.7%17.6%15.6%15.7%15.7%14.4%12.1%14.3%14.2%
Other Income 11131731292828252530
Interest 5877626670949810410099
Depreciation 3547515673102126144147155
Exceptional Items 0000000000
Profit Before Tax 12413915316020726823389283374
Tax 40455453709150257799
Profit After Tax 84949910713717718464206274
PAT Margin (%) 7.1%7.0%7.0%6.7%6.7%6.4%6.2%2.5%5.8%6.5%
Adjusted EPS (₹)15.114.613.014.218.123.424.38.527.236.3
Dividend Payout Ratio (%)12%14%15%14%11%10%5%12%11%10%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 5757891,2921,3911,5091,6671,8311,8872,0872,340
Share Capital 28323838383838383838
Reserves 5477571,2541,3531,4711,6301,7931,8492,0492,302
Minority Interest0000000000
Debt457434322417478603576465391477
Long Term Debt13553293411314198583283
Short Term Debt322380294384365462479407360394
Trade Payables182135114180329303460458573630
Others Liabilities 4393342358251,107996812835893909
Total Liabilities 1,6531,6921,9642,8143,4243,5693,6803,6453,9444,356

Fixed Assets

Gross Block4526044816168931,0571,2581,3531,4811,724
Accumulated Depreciation12717451105177278404547691799
Net Fixed Assets326430430511716779855806790925
CWIP 1756368711268099150152107
Investments 21179015321221
Inventories566543486644814919313286366393
Trade Receivables1322012964865294996456208881,141
Cash Equivalents 121155174523511471495508374377
Others Assets3312993325787137911,2731,2741,3731,412
Total Assets 1,6531,6921,9642,8143,4243,5693,6803,6453,9444,356

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -255964-2226583259369381183
PBT 12413915316020726823389283374
Adjustment 831139695119169201230226224
Changes in Working Capital -200-155-141-2028-281-8290-65-323
Tax Paid -33-39-43-75-68-74-93-40-63-92
Cash Flow From Investing Activity -238-53-22665-323-108-123-111-91-186
Capex -151-152-51-136-278-108-157-78-111-218
Net Investments -23-25-184179-15-15310-11
Others -63124922-30164-332031
Cash Flow From Financing Activity 25231711055-1-148-271-224-43
Net Proceeds from Shares 01374090000000
Net Proceeds from Borrowing 123-101-25516213-33-87-67-49
Interest Paid -58-77-61-66-70-94-94-101-97-96
Dividend Paid -11-14-16-18-18-18-21-9-8-23
Others 19858-13790-19971-73-53125
Net Cash Flow -128953-3-27-11-1365-46
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)15.613.849.4789.4211.1510.493.4410.3612.4
ROCE (%)19.4417.7514.5413.0214.1416.2913.617.8415.5117.59
Asset Turnover Ratio0.840.80.770.670.660.80.820.70.931.01
PAT to CFO Conversion(x)-0.30.630.65-0.211.930.471.415.771.850.67
Working Capital Days
Receivable Days38456489906770907888
Inventory Days14815113312913011376433433
Payable Days737251567767771048379

J Kumar Infraprojects Ltd Stock News

J Kumar Infraprojects Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of J Kumar Infraproject on 12-Apr-2024 10:20 is ₹635.0.
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-Apr-2024 10:20 the market cap of J Kumar Infraproject stood at ₹4,849.
The latest P/E ratio of J Kumar Infraproject as of 12-Apr-2024 10:20 is 16.02.
The latest P/B ratio of J Kumar Infraproject as of 12-Apr-2024 10:20 is 1.91.
The 52-week high of J Kumar Infraproject is ₹715.0 and the 52-week low is ₹247.5.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of J Kumar Infraproject is ₹4,588 ( Cr.) .

About J Kumar Infraprojects Ltd

J Kumar Infraprojects’ foundation dates back to the year 1980. The foundation of the business was laid when its Promoter Jagdishkumar M Gupta setup his proprietorship concern under the name and style of J Kumar & Co. Under his able stewardship the proprietary concern made a modest beginning by maintenance of PWD buildings and scaled up to get registered with Public Works Department, Government of Maharashtra as a Class I-A Civil Contractor. With this registration, he started executing civil contracts for government, semi government and other various private organizations relating to infrastructure and civil engineering construction contracts, comprising mainly of roads, flyovers, bridges, irrigation projects, commercial buildings, railway buildings, sports complexes and airport contracts.

The company is engaged in the business of civil engineering construction contractors in Infrastructural projects mainly in roads, flyovers, bridges, commercial and residential buildings, sports complexes, irrigation projects, airport contracts. The company also undertakes the piling of foundation work using hydraulic piling rigs for major projects which are awarded to other contractors. The company has been most active in Mumbai, Pune, Aurangabad and Vidharbha region of Maharashtra.

From the modest beginning, the company, in a span of 28 yrs has grown into a full-fledged Infraprojects company of the country. Competing brick by brick, stroke by stroke with all the leading Infraprojects giants of the region.

It expanded its business activities in the field of infrastructure projects from 1997 onwards. It formed a joint venture namely, “Ameya Developers and J Kumar Joint Venture”, a 50:50 partnership firm which has executed the twin flyover at Konkan Bhavan Junction, CBD Belapur and the Flyover at Chheda Nagar, Ghatkopar in Mumbai.The joint venture firm continued to quote for many flyover projects and obtain orders from government and semi government bodies. The name of the joint venture is now changed to “Ameya J Kumar Constructions” and has obtained PWD registration in the new name.

The company is registered with Vidarbha Irrigation Development Corporation as class 1 A contractor since May 03, 2007 and obtained orders for the execution of spillways, M.I. Tanks etc. It has a branch office established in Yavatmal to handle all the irrigation contracts in Vidharbha region.

Few completed project of the company are:

Flyovers & Bridges

  • Flyover at Konkan Bhavan Junction at CBD, Belapur, Navi Mumbai
  • Flyover at Chheda Nagar on EEH, Mumbai
  • Flyover and Slip Roads at Seven Hill Jn, Aurangabad
  • Flyover at Saswadphata Junction, Hadapsar, Pune
  • Rail Over Bridge (ROB) at Udaybaug, Pune
  • ROB & Approaches on Malegaon-Aurangabad Road at Nandgaon
  • Flyover on WEH at Dindoshi, Mumbai
  • New Birdge over Mithi River at CSI Airport, Mumbai for Taxi Track
  • Underpass at Rani Sati Marg, Malad, Mumbai
  • Subway at Agripada on WEH, Mumbai
  • Subway at Rajaram Nagar by Box Pushing on WEH, Mumbai
  • Subway at Anand Nagar by Box Pushing, Thane

Road Works

  • Approach to High Level Bridge across Kalwa Creek, Thane
  • Construction of Cement Concrete Roads in Mumbai at Khar (W), Andheri West, Kalina & at Bhiwandi City.
  • Construction of Service Roads on WEH, Mumbai
  • Widening Road for Development of Toll Plaza on WEH at Dahisar, Mumbai

Airport Works

  • Construction of Rapid Taxi Track at CSI Airport, Mumbai.
  • Development of Pune Airport: Extension & Strengthening Taxi Track & Construction of Link Taxi Track
  • Raising Apron & Hanger at Juhu Helibase, Mumbai

Irrigation Works

  • Earthwork & Structures for Canal at Shrigonda, Ahmednagar.
  • Construction of Spillway & Earthwork for Kumbharkini M.I. Tank, Yavatmal
  • Construction of Spillway of Sirasgaon M.I. Tank

Building Works / Other Structures

  • Residential Quarters for AAI Staff Quarters, Mumbai.
  • Goldline Business Centre at Malad (W), Mumbai
  • New Terminus Building at Bandra,  Mumbai
  • Goregaon Sports Club at Goregaon (W), Mumbai
  • Civil Work, Water Supply, Drainage & Allied Works for a Blue Chip company
  • •Building at Andheri (E), Mumbai
  • Washing cum Pit Lines with Elevated Catwalks at Wadi Bunder, Mumbai
  • Swimming Pool Complex, Thane
  • Piling Work for Prime Mall Down Town Project at Huges Road,Mumbai
  • Piling Work for Petronet LNG Tank at Dahej, Gujarat
  • Piling Work for NTPC at Dadri
  • Piling Work for Traffic Improvement Scheme at Thane

Milestones of the company

  • 1980 Commenced business with maintenance of PWD Buildings
  • 1991 -94 Construction of Chembur Road Over Bridge on Eastern Express Highway along with its approaches and subways construction of retaining wall on East side of Thane.-Construction of Operation Theatre for Shri Vasant Rao Naik Government Medical college at Yavatmal and other hospital structures including boys hostel at a total cost of Rs. 14370 lakh.-Construction of Sion Mahim Link Road and construction of retaining wall at a total cost of Rs. 550 lakh
  • 1995-97 Receipt of work order for Construction of Earthen Work and other Minor Irrigation work for Minor Irrigation Division, Pusad at a total cost of 1234 lacs
  • 1997-98 Construction of Flyover Bridge at Konkan Bhavan (CBD) junction on Sion Panvel Road at a total cost of Rs.1927 lacs under Joint Venture with M/s. Ameya Developers.-Construction of Flyover at Cheddanagar, Ghatkopar on Eastern Express Highway at a total cost of Rs. 1349 Lacs.-Construction of Flyover at Shiv Vallabh Road Junction on Western Express highway and construction of service road between National Park junction and S.N. Dube road at a total cost of Rs. 837 lacs.-Construction of 82 residential quarters for AAI staff at Mumbai Airport at a total cost of Rs. 608 Lacs.
  • 1999 Formed a private limited company by the name of J. Kumar & Co. (India) Pvt. Ltd.
  • 1999-2000 Construction of Vehicular Underpass of Rani Sati Marg Junction on Western Express Highway, Malad (West) at a total cost of Rs. 815 Lacs under Joint Venture with M/s. Ameya Developers.
  • 2001 Construction of Goregaon Sports Club comprising of elevated Olympic size swimming pool, diving pool, recreation pool, Health club building, Game Hall building and Roads at a total cost of Rs. 825 Lacs.
  • 2002 Construction of Pedestrian Subway at Rajaram Nagar near Airport, Santacruz (E) in Western Express Highway at a total cost of Rs. 456.73 Lacs. This construction was completed 67 days before the stipulated time period with bonus for early completion of the work.-Construction of New station building at bandra Terminus at a total cost of 482 lacs.-Construction of Flyover, slip roads and allied works at seven hill chowk at Aurangabad Jalna Road at a total cost of Rs. 850 Lacs under Joint Venture with Ameya Developers Pvt. Limited
  • 2005 Construction of new bridge over mithi river carrying taxi track B-3 at CSI Airport, Mumbai at a total cost of Rs. 1400 Lacs-Design and Construction of flyover at Saswadphata Junction on NH-9 with solid ramps, Pedestrian subways and widening of minor bridge at Pune, Maharashtra at a total cost of 1400 lacs under Joint Venture with M/s.Ameya Developers Pvt. Limited.-Construction of flyover covering Kalyan Naka Junction to new S.T stand on old NH3 at a total cost of Rs.1494.50 Lacs.-Widening and construction of Western Express Highway at Times of India Flyover north gate to Ashanagar at a total cost of 1122 lacs-Construction of flyover near Times of India building at Malad junction on Western Express Highway at a total cost of Rs. 1710 lacs under Joint Venture with M/s.  Ameya Developers Pvt. Limited.
  • 2006-2007 Name of the Company changed to J. Kumar Infraprojects Pvt. Ltd. and then to J. Kumar Infraprojects Ltd.-Turnover of the Company crosses 10000 lacs-It gets ISO 9001: 2000 certification from Q.A International Certification Limited-Awarded the largest contract till date in Joint Venture with Nagarjunga Construction Company Ltd of a total contract value of Rs. 11,190 lacs and our share being 50%.

Awards/ Achievements

  • 1999 Received 2nd Prize for construction of Kokan Bhavan Bridge on Sion panvel Highway.
  • 2003 Completed the construction of Flyover, slip roads and allied works at seven hill chowk at Aurangabad Jalna Road at a total cost of Rs. 850 Lacs under Joint Venture with Ameya Developers Pvt. Limited 19 days in advance and got a bonus of Rs. 19lacs for early completion.
  • 2006 It got ISO 9001: 2000 certification from Q.A International Certification Limited.
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