Madhucon Projects Ltd - Stock Valuation and Financial Performance

BSE: 531497 | NSE: MADHUCON | Engineering - Construction | Small Cap

Madhucon Projects Ltd Share Price

9.25 0.18 1.98%
as on 23-Feb'24 16:59

DeciZen - make an informed investing decision on Madhucon Projects

M-Cap below 100cr DeciZen not available

Madhucon Projects stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
68.3 Cr.
52-wk low:
3.3
52-wk high:
11.3

Is Madhucon Projects Ltd an attractive stock to invest in?

1. Is Madhucon Projects Ltd a good quality company?

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

2. Is Madhucon Projects Ltd undervalued or overvalued?

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

3. Is Madhucon Projects Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Madhucon Projects 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 Madhucon 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.
Madhucon Projects Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 9.1%9.2%10.4%7.1%6.3%5.6%2.8%-13.9%-2.5%-1.8%-
Value Creation
Index
-0.4-0.3-0.3-0.5-0.6-0.6-0.8-2.0-1.2-1.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,0458651,1377186936646695476477061,015
Sales YoY Gr.--17.2%31.4%-36.9%-3.4%-4.2%0.8%-18.3%18.2%9.2%-
Adj EPS 64.36.732.21.83.5-28.2-5.3-4.2-0.4
YoY Gr.--28.1%55.6%-54.7%-27.4%-18.2%93.3%-909.5%NANA-
BVPS (₹) 91.595.7100.9103.8106.1107.8110.481.376.371.771.4
Adj Net
Profit
44.131.749.322.416.313.325.8-209-39-31.2-3
Cash Flow from Ops. 40676.129431111544.9-40.4-10.637.419.1-
Debt/CF from Ops. 1.67.52.21.85.214.2-17.7-70.119.637.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -4.3%0.4%1.8%9.2%
Adj EPS -196.2%-213.8%-206.5%NA
BVPS-2.7%-7.5%-13.4%-6%
Share Price -1.4% 8.2% 15.8% 109.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on
Equity %
6.74.66.832.11.73.2-29.6-6.7-5.7-0.6
Op. Profit
Mgn %
18.72217.620.619.6152.9-0.3-16.7-1.7-3.2
Net Profit
Mgn %
4.23.74.33.12.423.9-38.3-6-4.4-0.3
Debt to
Equity
10.80.90.70.80.80.91.21.31.4-
Working Cap
Days
57966854181462953859671057150242
Cash Conv.
Cycle
68-621-149-293-162-112-204-284-378-195

Recent Performance Summary

Sales growth is good in last 4 quarters at 24.61%

Return on Equity is Poor

Sales growth has been subdued in last 3 years 1.80%

Debt to equity has increased versus last 3 years average to 1.35

Latest Financials - Madhucon Projects Ltd.

Standalone Consolidated
TTM EPS (₹) -0.4 -17.2
TTM Sales (₹ Cr.) 1,015 1,188
BVPS (₹.) 71.4 -314.3
Reserves (₹ Cr.) 519 -2,326
P/BV 0.13 -0.03
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 3.28 / 11.29
All Time Low / High (₹) 1.40 / 434.98
Market Cap (₹ Cr.) 68.3
Equity (₹ Cr.) 7.4
Face Value (₹) 1
Industry PE 41.5

Management X-Ray of Madhucon Projects:

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

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Madhucon Projects

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Balance Sheet

(All Figures are in Crores.)

Profit And Loss

(All Figures in Cr. Adjusted EPS in Rs.)

Cash Flow

(All Figures are in Crores.)

Madhucon Projects Ltd Stock News

Madhucon Projects Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Madhucon Projects on 23-Feb-2024 16:59 is ₹9.25.
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 23-Feb-2024 16:59 the market cap of Madhucon Projects stood at ₹68.26.
The latest P/E ratio of Madhucon Projects as of 23-Feb-2024 16:59 is 0.00.
The latest P/B ratio of Madhucon Projects as of 23-Feb-2024 16:59 is 0.13.
The 52-week high of Madhucon Projects is ₹11.29 and the 52-week low is ₹3.28.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Madhucon Projects is ₹1,015 ( Cr.) .

About Madhucon Projects Ltd

Madhucon Projects, founded by Sri N Nageswara Rao in 1983, is engaged in the execution of infrastructure projects. The Hyderabad based company was converted into a Private Limited company in 1990 and became a Public Limited listed company in 1995.

It is one of the India’s leading Engineering, Procurement and Construction (EPC) and Build, Operate and Transfer (BOT) contractors and has executed wide ranging projects in the areas of State & National Highways, Bridges, Flyovers, Irrigation Projects (Dams, Canals, Tunnels) Industrial Projects, Townships, Railway Projects etc.

Madhucon, the flagship company of the Madhucon Group, has an in house design engineering cell manned by qualified, experienced design engineers equipped with state of art software. Besides, it also has a large fleet of state-of-the-art machinery and equipment, majority of which were procured from overseas.

It has built nearly 500 kilo meter of highways in the Golden Quadrilateral Road Network in India connecting Mumbai, Delhi, Calcutta and Chennai.

Business Divisions:

The company has set up seven operating divisions to facilitate concentrated working and fast expansion. They are:

  • BOT Projects
  • Highways & Airports
  • Irrigation
  • Hydel Power
  • Property Development
  • Water Resources
  • Overseas Projects
  • Water Resources
  • Overseas Projects

Subsidiaries:

Madhucon Granites:

Madhucon Granites (MGL) has an experience of over 16 years in the business of quarrying dimensional granite blocks and production of polished slabs catering to the needs of international markets all over the world.

Madhucon Sugars

Madhcon acquired a loss-making and sick sugar factory in the co-operative sector at Khammam and turned it to a profit making company. Madhucon Sugars’s (MSL) present crushing capacity is 1,500 TPD, which is being augmented to 5,000 TPD in stages. The sugar factory is adding an Ethanol Distillery also, apart from setting up a 22MW Cogen Plant for producing power, using bagasse as the main fuel.

Simhapuri Energy

Madhucon is setting up a coal based thermal power plant of 50mega watt (MW) at Krishnapatnam in Andhra pradesh in two phases. In the first phase, generating capacity of 135MW will be commissioned in December 2009 and the second phase with 135MW will be commissioned in March 2010. It has tied up Power purchases Agreement (PPA) and coal linkage with power Trading Corporation of India. The fuel coal for the power plant is met from their own mines in Indonesia.

PT Madhucon Indonesia

Madhucon started open cast coal mining in Indonesia on a 100 acres site initially. The company expects to mine about 3 lakh tonnes production. The coal has higher calorific value and less ash content compared to domestic coal.

Achievements:

  • Created record by laying 1,470 running meters of 2-Lane Rigid Pavement of National Highway-76 Chittorgarh- Mangalwar Road in a single day.
  • Completed National Highway-76 from Chittorgarh to Mangalwar of 48kms length, 4/6 divided Carriageway, one year ahead of schedule.
  • Executed 360 km of 4/6 laning on National Highways in the last 5 years and 100 km rigid (concrete) pavement within the last 3 years.
  • Executed 1 lakh cum of earthwork in a single day in SRSP Flood Flow Canal, Karimnagar, AP.
  • Executed 170 mts of tunnel length in one month in one face of BG Single Line Tunnel, Ratnagiri (South), Konkan Railway Corporation.

Awards:

  • Bagged the Outstanding Performance and Super Quality Construction award from Konkan Railways in 1994,
  • Fastest Growing Construction Company – 2nd Rank Award in 2003 from     Construction World - NICMAR,
  • Fastest Growing Construction Company – 1st Rank Award in 2004 by Construction World – NICMAR,
  • Innovation in Road Construction Award in 2005 by Construction World- Ingersoll Rand,

Future Plan:

Madhucon Projects aims to be in the league of top construction companies of the nation within 5 years and the most respected global construction within a period of 10 years.

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
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.