Udayshivakumar Infra Ltd - Stock Valuation and Financial Performance

BSE: 543861 | NSE: USK | Engineering - Construction | Small Cap

Udayshivakumar Infra Share Price

57.15 -1.16 -1.99%
as on 12-Apr'24 10:20

DeciZen - make an informed investing decision on Udayshivakumar Infra

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

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Udayshivakumar Infra stock performance -

mw4me loader
P/E Ratio (SA):
15.43
Market Cap:
322.8 Cr.
52-wk low:
27.4
52-wk high:
72.3

Is Udayshivakumar Infra Ltd an attractive stock to invest in?

1. Is Udayshivakumar Infra Ltd a good quality company?

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

2. Is Udayshivakumar Infra Ltd undervalued or overvalued?

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

3. Is Udayshivakumar Infra Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Udayshivakumar Infra 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 Udayshivakumar 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.
Udayshivakumar Infra 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'20Mar'21Mar'22Mar'23TTM
ROCE % 17.1%16.5%16.9%13.5%-
Value Creation
Index
0.20.20.20.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 194210186287539
Sales YoY Gr.-8.7%-11.8%54.6%-
Adj EPS 2.82.83.42.83.8
YoY Gr.-0.4%21.5%-16.2%-
BVPS (₹) 12.815.417.126.129
Adj Net
Profit
10.210.212.415.721
Cash Flow from Ops. 21.417.231.719.9-
Debt/CF from Ops. 1.61.80.82.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA14%54.6%
Adj EPS NANA0.7%-16.2%
BVPSNANA26.6%52.7%
Share Price - - - 79.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
21.719.820.915.213.7
Op. Profit
Mgn %
12.510.913.210.97.3
Net Profit
Mgn %
5.34.96.75.53.9
Debt to
Equity
0.70.50.40.3-
Working Cap
Days
019721516063
Cash Conv.
Cycle
01416625

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 14.01%

Sales growth is good in last 4 quarters at 132.44%

Return on Equity has declined versus last 3 years average to 13.70%

Net Profit has been subdued in last 3 years 0.71%

Latest Financials - Udayshivakumar Infra Ltd.

Standalone Consolidated
TTM EPS (₹) 3.8 -
TTM Sales (₹ Cr.) 539 -
BVPS (₹.) 29 -
Reserves (₹ Cr.) 105 -
P/BV 2.01 -
PE 15.43 -
From the Market
52 Week Low / High (₹) 27.38 / 72.32
All Time Low / High (₹) 27.38 / 72.32
Market Cap (₹ Cr.) 323
Equity (₹ Cr.) 55.4
Face Value (₹) 10
Industry PE 41.9

Management X-Ray of Udayshivakumar Infra:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Udayshivakumar Infra

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23
Sales194210186287
Operating Expenses 169187161256
Manufacturing Costs140146118198
Material Costs24373547
Employee Cost 3344
Other Costs 2147
Operating Profit 24232431
Operating Profit Margin (%) 12.5%10.9%13.2%10.9%
Other Income 1111
Interest 5534
Depreciation 6556
Exceptional Items 0-100
Profit Before Tax 14121622
Tax 4345
Profit After Tax 1091216
PAT Margin (%) 5.4%4.4%6.7%5.6%
Adjusted EPS (₹)2.92.63.42.9
Dividend Payout Ratio (%)0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 475662144
Share Capital 37373755
Reserves 10202689
Minority Interest0000
Debt26211938
Long Term Debt167616
Short Term Debt10141422
Trade Payables51372938
Others Liabilities 34324564
Total Liabilities 158146156284

Fixed Assets

Gross Block37363851
Accumulated Depreciation6111217
Net Fixed Assets31262634
CWIP 0000
Investments 0000
Inventories109315
Trade Receivables59423730
Cash Equivalents 051580
Others Assets586476124
Total Assets 158146156284

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 21173220
PBT 14121622
Adjustment 119810
Changes in Working Capital -1-311-7
Tax Paid -2-1-4-4
Cash Flow From Investing Activity -71-17-21
Capex -71-17-15
Net Investments 000-7
Others 0110
Cash Flow From Financing Activity -15-14-566
Net Proceeds from Shares 10066
Net Proceeds from Borrowing -10-9-211
Interest Paid -5-5-3-4
Dividend Paid 0000
Others 000-6
Net Cash Flow 051065
PARTICULARSMar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)22.3818.0920.8915.55
ROCE (%)23.9720.8822.5518.65
Asset Turnover Ratio1.221.471.231.31
PAT to CFO Conversion(x)2.11.892.671.25
Working Capital Days
Receivable Days111827842
Inventory Days19161211
Payable Days765428340257

Udayshivakumar Infra Ltd Stock News

Udayshivakumar Infra Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Udayshivakumar Infra on 12-Apr-2024 10:20 is ₹57.15.
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 Udayshivakumar Infra stood at ₹322.8.
The latest P/E ratio of Udayshivakumar Infra as of 12-Apr-2024 10:20 is 15.43.
The latest P/B ratio of Udayshivakumar Infra as of 12-Apr-2024 10:20 is 2.01.
The 52-week high of Udayshivakumar Infra is ₹72.32 and the 52-week low is ₹27.38.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Udayshivakumar Infra is ₹539.2 ( Cr.) .

About Udayshivakumar Infra Ltd

Udayshivakumar Infra was originally formed as a sole proprietorship under the name of ‘M/s Udayshivakumar’ at Davangere, Karnataka on August 22, 2002 and was converted into a partnership firm under the name of ‘M/s. Udayshivakumar’ pursuant to a deed of partnership dated March 31, 2014. The partnership firm was registered under the Indian Partnership Act, 1932 with the Registrar of Firms, Belgaum, Karnataka on April 4, 2014. Further, pursuant to the deed of partnership dated March 8, 2019, the deed of partnership dated March 31, 2014 was reconstituted by amending the existing clauses and inserting new clauses in the deed of partnership. Consequent to the aforesaid amendments a memorandum acknowledging receipt of documents for change in constitution of partnership was issued by Registrar of Firms, Belgaum, Karnataka on April 3, 2019. Further, pursuant to a resolution dated September 23, 2019 passed at the meeting of partners of M/s Udayshivakumar, the partnership firm was converted into a private limited company under the Companies Act, 2013 with the name ‘Udayshivakumar Infra Private Limited’ and a certificate of incorporation dated December 23, 2019 was issued by the Central Registration Centre, Registrar of Companies. Subsequently, pursuant to resolutions passed by its Board of Directors in their meeting held on August 27, 2022 and by its Shareholders in the extra-ordinary general meeting held on August 30, 2022, the company was converted into a public limited company, consequent to which its name was changed to ‘Udayshivakumar Infra Limited’, and a fresh certificate of incorporation dated September 16, 2022, consequent to such conversion was issued by the RoC.

The company was incorporated in the year 1995 and promoted for execution of infrastructure projects. The main objective defined and set before the company by the FoundingBoard was to develop activities in small and medium industrial projects in addition to looking for opportunities in major industrial and infrastructure projects. Initial thrust of the company was in contractions projects like cement, steel, bitumen and RMC, crusher, part of the private sector, where timely completion and quality were of paramount importance requiring high degree of devotion and commitment of engineering skills. The company developed its core strength in executing High altitude road projects, Canal projects, Bridge projects, and Buildings projects.

The company is engaged in the business of construction of roads including National highways, State highways, District roads, Smart roads under PM’s smart city mission projects, Smart roads under Municipal corporations, Bruhat Bengaluru Mahanagara Palike (BBMP) and Local area roads in various taluka places etc., in the State of Karnataka, constructions of bridges across Majorand minor rivers, Railway over bridges (ROB), construction of major and minor irrigation and canal projects, industrial areas, based in the State of Karnataka. It bids for roads, bridges, irrigation & canals, industrial area construction in the State of Karnataka including Government departments such as Karnataka public Works Ports & Inland Water Transport Department (KPWP & IWTD), National Highways (MORTH), Belgaum Smart City Ltd. and Davangere Smart City Ltd., Bruhat Bengaluru Mahanagara Palike (BBMP), Various Municipal City Corporations, State Highway Development Corporations Ltd., (SHDP), Karnataka Road Development Corporation Ltd., (KRDCL), Karnataka Industrial Area Development Board (KIADB), Davanagere Harihara Urban Development Authority (DHUDA), Krishna Bhagya Jala Nigam Limited (KBJNL), Visvesvaraya Jala Nigam Limited (VJNL), Carvery Niravari Nigam Limited (CNNL), Karnataka Niravari Limited (KNNL), Youth Empowerment & Sports Department, in the State of Karnataka.

Business area of the company

The company is engaged in business of civil construction works from State Government, Central Government and Government Civic Bodies and Corporations.

Awards, accreditations or recognition

  • 2011: Certificate of merit received from Indian Concrete Institute certifying outstanding concrete structure of North Karnataka in the project for improvement to Hangal - Sauraleshwar Road
  • 2022: Certificate of registration received from Aambitious Assessment Private Limited certifying that the quality management system of the company is compliant with the requirements of ISO 9001:2015.
  • 2022: Certificate of registration received from Aambitious Assessment Private Limited certifying that the environmental management system of the company is compliant with the requirements of ISO 14001:2015.
  • 2022: Certificate of registration received from Aambitious Assessment Private Limited certifying that the occupational health and safety management system of the company is compliant with the requirements of ISO 45001:2018.

History and milestones

  • 2019: Conversion of the erstwhile partnership firm ‘M/s Udayshivakumar’ into a private limited company under the Companies Act, 2013 and incorporation of the company.
  • 2019: The company was awarded a contract of Rs 149.37 crore by Belgaum Smart City Limited for construction of smart roads.
  • 2020: The company was awarded a contract of Rs 92.04 crore by Davangere Smart City Limited for construction of smart roads.
  • 2022: The company was awarded the tender and was appointed as the fee collection agent by National Highway Authority of India for the Halligudi (Hallikeri) Fee Plaza, in the state of Karnataka.
  • 2022: Constitution of its joint venture, namely, Udayshivakumar Kotarki Joint Venture pursuant to the joint bidding agreement for joint venture dated April 22, executed between the company and Kotarki Constructions Private Limited.
  • 2022: its Joint Venture, Udayshivakumar Kotarki Joint Venture, was awarded with the contract amounting to around Rs 171.00 crore by the National Highway Authority of India for widening of a two lane highway in the State of Karnataka.
  • 2022: The company received a letter of intent from the Department of Mines & Geology, Government of Karnataka for granting a mining lease in Venkatagiri Village, Bellary District, over an extent of 24.04 hectare.
  • 2022: Conversion of the company from a private limited company to a public limited company and change of name of the company from ‘Udayshivakumar Infra Private Limited’ to ‘Udayshivakumar Infra Limited’.
  • 2022: The company was awarded the tender by Ministry of Road Transport & Highways, for widening to two lane with paved shoulders from Siddapur to Vijayapura) of NH- 561A in the state of the Karnataka.
  • 2023: The company was awarded the tender and was appointed as the fee collection agent by National HighwayAuthority of India for the Bankapur Fee Plaza, in the state of Karnataka.
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