Rachana Infrastructure Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: RILINFRA | Engineering - Construction | Small Cap

BSE Share Price
Not Listed

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Rachana Infrastructure stock performance -

mw4me loader
P/E Ratio (SA):
33.64
Market Cap:
76.1 Cr.
52-wk low:
0
52-wk high:
0

Is Rachana Infrastructure Ltd an attractive stock to invest in?

1. Is Rachana Infrastructure Ltd a good quality company?

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

2. Is Rachana Infrastructure Ltd undervalued or overvalued?

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

3. Is Rachana Infrastructure Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Rachana Infrastructure 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 Rachana Infrastru:

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.
Rachana Infrastructure 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'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 14.5%15.4%10.6%7.1%5.1%-
Value Creation
Index
0.00.1-0.2-0.5-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 11215410463.263.564
Sales YoY Gr.-37.7%-32.8%-39.1%0.5%-
Adj EPS 33.92.51.41.21.2
YoY Gr.-30.1%-35.8%-44.1%-14.5%-
BVPS (₹) 1821.924.924.842.742.7
Adj Net
Profit
4.76.13.92.22.22
Cash Flow from Ops. 8.6-2.5-37.26.4-7.9-
Debt/CF from Ops. 4.1-13-0.62.9-0.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA-25.6%0.5%
Adj EPS NANA-32.6%-14.5%
BVPSNANA25%72.4%
Share Price - - - -89.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
16.419.39.14.33.12.9
Op. Profit
Mgn %
13.78.999.79.5NAN
Net Profit
Mgn %
4.23.93.83.53.53.6
Debt to
Equity
1.210.50.50.1-
Working Cap
Days
01512413764510
Cash Conv.
Cycle
0527481510

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 2.90%

Sales growth has been subdued in last 3 years -25.62%

Net Profit has been subdued in last 3 years -32.58%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Rachana Infrastructure Ltd.

Standalone Consolidated
TTM EPS (₹) 1.2 -
TTM Sales (₹ Cr.) 63.5 -
BVPS (₹.) 42.7 -
Reserves (₹ Cr.) 61 -
P/BV 0.96 -
PE 33.64 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 76.1
Equity (₹ Cr.) 18.6
Face Value (₹) 10
Industry PE 42.2

Management X-Ray of Rachana Infrastru:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Rachana Infrastru

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23
Sales112.10154.38103.7963.2063.52
Operating Expenses 96.79140.7394.4257.1457.49
Manufacturing Costs56.57127.5984.9749.4831.06
Material Costs26.22-1.21-0.25-1.2217.94
Employee Cost 7.026.845.875.735.38
Other Costs 6.997.503.823.153.12
Operating Profit 15.3113.649.376.066.02
Operating Profit Margin (%) 13.7%8.8%9.0%9.6%9.5%
Other Income 1.834.033.272.861.71
Interest 6.475.685.033.942.83
Depreciation 4.493.802.292.051.86
Exceptional Items 00000
Profit Before Tax 6.188.195.322.933.04
Tax 1.522.220.620.720.78
Profit After Tax 4.665.974.702.212.26
PAT Margin (%) 4.2%3.9%4.5%3.5%3.6%
Adjusted EPS (₹)3.03.83.01.41.2
Dividend Payout Ratio (%)0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 28.4434.5551.5549.9090.24
Share Capital 5.265.265.2615.7818.61
Reserves 23.1829.2946.2934.1271.63
Minority Interest00000
Debt27.1928.8117.2115.424.84
Long Term Debt17.9218.659.7611.045.14
Short Term Debt9.2710.167.454.38-0.30
Trade Payables1.3424.103.5214.654.65
Others Liabilities 21.7017.2818.5722.1613.27
Total Liabilities 78.68104.7490.84102.13113

Fixed Assets

Gross Block41.4240.4734.2435.1535.18
Accumulated Depreciation23.3825.8823.7524.4125.44
Net Fixed Assets18.0414.5910.5010.759.74
CWIP 00000
Investments 9.679.6921.9417.9017.67
Inventories1.752.963.214.433.93
Trade Receivables23.5743.7522.9017.5113.87
Cash Equivalents 2.241.070.620.971.30
Others Assets23.4232.6731.6750.5666.49
Total Assets 78.68104.7490.84102.13113

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 8.63-2.54-37.156.35-7.90
PBT 6.188.225.322.933.04
Adjustment 4.373.851.235.424.69
Changes in Working Capital -1.92-14.61-43.7-1-15.01
Tax Paid 000-1-0.63
Cash Flow From Investing Activity -3.71-0.232.90-2.16-10.07
Capex -3.71-0.230-2.16-0.59
Net Investments 002.9200
Others 00-0.020-9.47
Cash Flow From Financing Activity -3.561.6134.14-3.8318.29
Net Proceeds from Shares 100038.14
Net Proceeds from Borrowing 0.240.73-4.390.78-10.73
Interest Paid 000-3.94-2.83
Dividend Paid 00000
Others -4.800.8838.53-0.68-6.29
Net Cash Flow 1.36-1.16-0.120.350.33
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)16.418.9612.735.633.81
ROCE (%)19.9421.1916.2611.738.18
Asset Turnover Ratio1.421.681.060.650.59
PAT to CFO Conversion(x)1.85-0.43-7.92.87-3.5
Working Capital Days
Receivable Days778011711790
Inventory Days66112224
Payable Days19-3,8500-2,706196

Rachana Infrastructure Ltd Stock News

Rachana Infrastructure Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Rachana Infrastru on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of Rachana Infrastru stood at ₹76.09.
The latest P/E ratio of Rachana Infrastru as of 01-Jan-1970 05:30 is 33.64.
The latest P/B ratio of Rachana Infrastru as of 01-Jan-1970 05:30 is 0.96.
The 52-week high of Rachana Infrastru is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Rachana Infrastru is ₹63.52 ( Cr.) .

About Rachana Infrastructure Ltd

Rachana Infrastructure was originally incorporated as ‘Rachana Infrastructure Limited’ as Public Limited Company under the provisions of Companies Act, 1956 vide Certificate of Incorporation dated June 29, 2001 issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli.

Rachana Infrastructure is one of the mid-size private sector company engaged in the business of Construction of Road projects on Bill of Quantities (BOQ) and EPC basis. In the very initial periods, the company got the contracts from the Government (Zilla Panchayat) at a very small scale. In addition, it got sub contracts from the infrastructure Companies from Gujarat, Maharashtra and many other states. Over a period of time, the company got expertise in the traditional construction of Buildings, Road Construction, Irrigation, Hydro power Project and Mining. With time and experience, it started expanding its business in the other states of the India like Maharashtra, Madhya Pradesh, Jharkhand and Rajasthan. 

The company has successfully completed many projects in various departments of Government of India. It benefited significantly from the experience and relationship established by its Promoters. The company has an established track record of executing projects with over 02 decades of experience in construction activities. Some of its satisfied clients are Public Works Department of Madhya Pradesh, Road and Building Department of Gujarat State, Madhya Pradesh Road Development Corporation, Power Grid Corporation of India, Gujarat Minerals Development Corporation, Road Construction Department of Jharkhand, ONGC Petro-Additions Limited, Ahmedabad Municipal Corporation, and Ahmedabad Urban Development Corporation etc.

With good credential and qualification criteria, the company has been awarded and has undertaken Major Projects, Financed by State Government, Central Government and also International Banks like Asian Development Bank. Over the years, it has acquired resources with vertical integration like it has its own stone mines and stone crushers for basic excavation of stone aggregate which is the core and basic material for all road infrastructure construction.

Business area of the company

The company holds expertise in large scale Roads, Irrigation and Building Projects. Along with Government Tenders, the company is also engaged in Private Projects of Building work, Roads work and Industrial parks. Contact us for any large construction and Development projects for Roads and Buildings.

Major events, Key Awards, Accreditations or Recognition

  • 2007: Awarded contract for construction of Six lane road by Larsen &Toubro Limited.
  • 2009: The company owns Certificate of ‘AA’ Class with the Government of Gujarat State contractor Gradingand valid till December 31, 2023.
  • 2010: Registered as Contactor in ‘Spl-Category –I (Roads)’ Class with the Government of Gujarat, since 2010.
  • 2011: Started Mining work at quarry situated at Dhansura.
  • 2017: Construction of Road work for ONGC Petro Additions Limited at Bharuch, Gujarat.
  • 2015: Awarded Contract for construction of 102 kms Road by Madhya Pradesh Road development Corporation.
  • 2017: The company was awarded 1st concrete road construction contract by P.W.D of Madhya Pradesh. 
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