Setubandhan Infrastructure Ltd - Stock Valuation and Financial Performance

BSE: 533605 | NSE: SETUINFRA | Engineering - Construction | Small Cap

Setubandhan Infra Share Price

0.72 0.00 0.00%
as on 22-Apr'24 16:01

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Setubandhan Infrastructure stock performance -

mw4me loader
P/E Ratio (SA):
261.53
Market Cap:
9.1 Cr.
52-wk low:
0.7
52-wk high:
1.1

Is Setubandhan Infrastructure Ltd an attractive stock to invest in?

1. Is Setubandhan Infrastructure Ltd a good quality company?

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

2. Is Setubandhan Infrastructure Ltd undervalued or overvalued?

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

3. Is Setubandhan Infrastructure Ltd a good buy now?

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

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.
Setubandhan 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 6.4%4.8%6.5%5.3%7.1%3.2%-26.2%-19.6%-5%0%-
Value Creation
Index
-0.5-0.7-0.5-0.6-0.5-0.8-2.9-2.4-1.4-1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 15012818120428425813046.190.78.59
Sales YoY Gr.--14.7%41%13%39.1%-9%-49.6%-64.6%96.7%-90.6%-
Adj EPS 0.40.30.40.30.5-0-3.5-2.2-0.500
YoY Gr.--39%56%-28.2%82.1%-105.9%NANANANA-
BVPS (₹) 8.28.599.510106.64.33.93.93.8
Adj Net
Profit
5.23.14.93.66.4-0.3-43.9-27.2-6.100
Cash Flow from Ops. 5-0.718.7-7.44.7-2.5-4.4-5.80.3-0.5-
Debt/CF from Ops. 3.5-37.11.4-4.98-17.3-15.5-12.3264.6-151.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -27.3%-50.4%-59.8%-90.6%
Adj EPS -100%-100%NANA
BVPS-8%-17.4%-16.3%0%
Share Price -3.9% -26.7% 0.9% -34.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
5.12.94.43.15.3-0.3-42.1-39.7-11.90.10
Op. Profit
Mgn %
7.36.57.34.95.93.1-31.4-55.4-5.310.915.4
Net Profit
Mgn %
3.52.52.71.72.3-0.1-33.7-59-6.80.40
Debt to
Equity
0.20.30.20.30.30.30.81.31.51.5-
Working Cap
Days
3665063873622883305501,1205456,0590
Cash Conv.
Cycle
1051841421271041021804341831,8310

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 0.00%

Sales growth has been subdued in last 3 years -59.75%

Net Profit has been subdued in last 3 years 0.00%

Debt to equity has increased versus last 3 years average to 1.47

Sales growth is not so good in last 4 quarters at -80.74%

Latest Financials - Setubandhan Infrastructure Ltd.

Standalone Consolidated
TTM EPS (₹) 0 0
TTM Sales (₹ Cr.) 8.5 70
BVPS (₹.) 3.8 3.9
Reserves (₹ Cr.) 35 37
P/BV 0.19 0.18
PE 261.53 99.11
From the Market
52 Week Low / High (₹) 0.65 / 1.05
All Time Low / High (₹) 0.40 / 31.17
Market Cap (₹ Cr.) 9.1
Equity (₹ Cr.) 12.6
Face Value (₹) 1
Industry PE 41.6

Management X-Ray of Setubandhan Infra:

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 Setubandhan Infra

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
Sales150.31128.17180.68204.11283.91258.34130.3446.1090.678.50
Operating Expenses 139.34119.85167.52194.15267.09250.28171.5472.9495.487.57
Manufacturing Costs118.69132.59173.67196260.78233.14125.0342.7991.327.04
Material Costs12.15-18.21-11.46-4.851.4513.644.4711.422.080
Employee Cost 2.601.791.541.131.271.340.650.111.170
Other Costs 5.903.683.771.873.582.1741.4018.610.910.53
Operating Profit 10.978.3213.179.9616.828.06-41.21-26.83-4.820.93
Operating Profit Margin (%) 7.3%6.5%7.3%4.9%5.9%3.1%-31.6%-58.2%-5.3%10.9%
Other Income 1.301.500.615.702.432.111.620.440.270.54
Interest 3.954.295.866.096.908.132.880.160.060.01
Depreciation 0.630.510.510.952.031.971.361.161.050.99
Exceptional Items -0.02-0.03-0.030000000
Profit Before Tax 7.674.997.388.6210.320.07-43.84-27.72-5.650.46
Tax 2.481.872.542.223.26-0.060.250.260.480.43
Profit After Tax 5.203.124.836.407.060.13-44.09-27.98-6.130.03
PAT Margin (%) 3.5%2.4%2.7%3.1%2.5%0.1%-33.8%-60.7%-6.8%0.4%
Adjusted EPS (₹)0.40.30.40.50.60.0-3.5-2.2-0.50.0
Dividend Payout Ratio (%)0%0%0%10%0%0%0%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 105.41108.53113.36119.01126.04126.2082.5254.6048.4748.50
Share Capital 12.5712.5712.5712.5712.5712.5712.5712.5712.5712.57
Reserves 92.8495.96100.80106.45113.47113.6369.9642.0335.9035.94
Minority Interest0000000000
Debt17.2927.2625.8535.3736.6341.9868.0671.2471.2471.24
Long Term Debt0.15004.092.981.280000
Short Term Debt17.1427.2625.8531.2833.6540.6968.0671.2471.2471.24
Trade Payables22.1116.1026.2431.2741.4945.461.072.2022.966.96
Others Liabilities 25.1362.1546.6657.2045.9942.0537.7232.1429.9742.13
Total Liabilities 169.93214.04212.11242.86250.15255.69189.38160.18172.64168.84

Fixed Assets

Gross Block5.835.1312.6121.6224.1422.3541.6941.6741.6741.67
Accumulated Depreciation3.012.754.034.977.018.9710.3311.4912.5413.53
Net Fixed Assets2.822.388.5916.6517.1313.3731.3630.1829.1328.14
CWIP 00000.671.192.16000
Investments 3.799.9611.272.670.640.921.020.420.430.42
Inventories34.7752.9864.4369.2867.8354.1949.7238.2936.2136.21
Trade Receivables33.4449.5020.0248.8453.7757.5013.3911.0329.2715.15
Cash Equivalents 3.512.856.963.653.711.300.730.841.120.15
Others Assets91.6196.38100.84101.77106.40127.2291.0179.4276.4788.76
Total Assets 169.93214.04212.11242.86250.15255.69189.38160.18172.64168.84

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 4.97-0.7418.66-7.414.69-2.46-4.39-5.770.27-0.47
PBT 7.694.997.388.6210.320.07-43.84-27.72-5.650.46
Adjustment 2.912.323.534.703.264.601.020.49-0.01-0.16
Changes in Working Capital -5.61-7.777.75-20.73-8.89-7.1338.4321.455.93-0.77
Tax Paid 0-0.2800000000
Cash Flow From Investing Activity -1.48-5.70-7.580.14-0.122.03-19.432.840.02-0.49
Capex 000-9.01-3.181.27-20.312.1800
Net Investments -1.74-6.17-1.31-1.622.02-0.28-0.090.60-0.01-0.49
Others 0.260.48-6.2810.771.041.040.980.060.030
Cash Flow From Financing Activity -11.615.77-6.963.95-4.50-1.9823.243.040-0.01
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -0.14-0.15010.492.336.0626.093.1800
Interest Paid -3.90-4.20-5.55-5.78-6.83-8.04-2.84-0.130-0.01
Dividend Paid 000-0.76000000
Others -7.5710.12-1.410000000
Net Cash Flow -8.11-0.664.11-3.310.06-2.41-0.570.110.28-0.97
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)5.22.974.385.515.760.1-42.24-40.81-11.890.07
ROCE (%)9.67.289.679.9910.794.93-25.64-19.94-4.550.4
Asset Turnover Ratio0.90.670.850.91.151.020.590.260.540.05
PAT to CFO Conversion(x)0.96-0.243.86-1.160.66-18.92N/AN/AN/A-15.67
Working Capital Days
Receivable Days5111870626679999781954
Inventory Days9912511912088861453481501,556
Payable Days515-383-674-2,1659,1361,1631,900522,2040

Setubandhan Infrastructure Ltd Stock News

Setubandhan Infrastructure Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Setubandhan Infra on 22-Apr-2024 16:01 is ₹0.72.
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 22-Apr-2024 16:01 the market cap of Setubandhan Infra stood at ₹9.05.
The latest P/E ratio of Setubandhan Infra as of 22-Apr-2024 16:01 is 261.5.
The latest P/B ratio of Setubandhan Infra as of 22-Apr-2024 16:01 is 0.19.
The 52-week high of Setubandhan Infra is ₹1.05 and the 52-week low is ₹0.65.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Setubandhan Infra is ₹8.50 ( Cr.) .

About Setubandhan Infrastructure Ltd

Prakash Constrowell Limited was incorporated as Prakash Constrowell Private Limited on January 4, 1996 to acquire construction contracts and maintenance business of Prakash Builders, a proprietorship concern established in 1978 by Prakash P. Laddha. Subsequently, the company became a public limited company on January 2011 by the Registrar of Companies, Mumbai. The company’s registered office at 6/7 Falcon Plaza, National Urdu High School Road, Near Sarda Circle, Nasik - 422001, Maharashtra, India.

Business profile:

The company is a construction company predominantly engaged in the business of infrastructure development and civil construction. It is a fast growing company that provides integrated engineering, procurement and construction services. The company is providing high quality and innovative projects on a timely basis. It also undertakes projects for various government / semi-government bodies and other private sector clients. The company is headquartered at Nasik, Maharashtra and has operations across the state of Maharashtra.

The company focuses on the following segments of construction:

  • Infrastructure development; including construction and maintenance of roads / highways, bridges, including projects on public private partnership (PPP) model, industrial  parks, workshops, hospitals, educational institutions.
  • Civil construction includes government staff quarters, hostel buildings and auditoriums.
  • Residential and commercial real estate construction.

The company is registered as Class 1A contractor with the Public Works Department, Government of Maharashtra; wherein it can bid for a range of contracts without restriction on any cost parameters. Further, the company is also registered with other Government/semi-government bodies to bid for various types of construction projects.

Subsidiaries:

  • Atal Buildwell Private Limited.
  • Ram Buildwel Private Limited.
  • Punamraj Construwell Private Limited.
  • Mohini Buildcon Private Limited.

Major events:

  • 1978 - Proprietorship concern formed in the name and style of Prakash Builders
  • 1989 - The company received work for 600 Policemen quarters at CIDCO, Aurangabad, Maharashtra
  • 1996 - The company Prakash Constrowell Private Limited was incorporated to take-over the running business of Prakash Builders a proprietorship concern. The company obtained highest class of registration i.e. Class I-A from Public Works Department, Maharashtra. The company received its first work order in Bridge Segment across Godavari River at Nasik, Maharashtra from Nasik Municipal Corporation
  • 2002 - The company was awarded its first infrastructure construction work on Built Operate Transfer basis at Arni, Yevatmal, and Maharashtra
  • 2005 - The company laid the foundation for a first of its kind “Global Pagoda” at Gorai Village in north east suburb of Mumbai, Maharashtra
  • 2006 - The company was honored with Best Building of the year 2006-07 under the category of Institutional Building for college building at Nasik from ‘Builders Association of India’
  • 2007 - The company initiated a major real estate work “Acropolis” involving construction of 3 Towers
  • 2008 - The company ventured into Industrial Construction by taking up work of Islampur Integrated Textile Park at Sangli, Maharashtra
  • 2010 - The company was converted into a public limited company

Awards and Recognitions:

  • 2006 - The company was honored with Best Building of the year 2006-07” under the category of Institutional Building for college building at Nasik from Builders Association of India
  • 2010 - The Police Training School project constructed for Maharashtra State Police Housing and Welfare Corporation at Sangli was accredited first green campus project in the country and awarded four star rating by the association for development and research of sustainable habitats
  • 2011 - The company was accredited with ISO 9001:2008 quality management system certificate for construction of roads, bridges, buildings and development of land
  • 2011 - The company was awarded CIDC (Construction Industry Development Council) Vishwakarma Award for its project Police Training School at Tasgoan, Sangli
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