Valecha Engineering Ltd - Stock Valuation and Financial Performance

BSE: 532389 | NSE: VALECHAENG | Engineering - Construction | Small Cap

BSE Share Price
Not Listed

DeciZen - make an informed investing decision on Valecha Engg.

M-Cap below 100cr DeciZen not available

Valecha Engineering stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
42.8 Cr.
52-wk low:
19
52-wk high:
19.1

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Valecha Engg.:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 7.2%-2.9%-21.9%-2.5%0.3%0.5%0.5%0.6%0.5%-3.3%-
Value Creation
Index
-0.5-1.2-2.6-1.2-1.0-1.0-1.0-1.0-1.0-1.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 67065070841120818420821923190.1140
Sales YoY Gr.--3%9%-42%-49.4%-11.3%12.8%5.2%5.6%-61%-
Adj EPS 9-27.8-80.8-28.8-20.30.80.71.31-7.8-1.1
YoY Gr.--409.8%NANANANA-4%72.6%-18.3%-860.2%-
BVPS (₹) 165134.549.530.6131415.516.117.59.630.6
Adj Net
Profit
17.5-54.2-182-64.9-45.81.71.72.82.3-17.7-3
Cash Flow from Ops. 17.23.1-17.6-10131-71.9-8.420.2-181.9-
Debt/CF from Ops. 22.2132.2-26.8-5.215.7-7.1-60.224.8-27.8266.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -20%-15.4%-24.3%-61%
Adj EPS -198.5%NA-320.5%-860.2%
BVPS-27.1%-5.8%-14.7%-44.9%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
5.6-18.5-97-71.7-93.25.7586.2-57.8-5.7
Op. Profit
Mgn %
10.20.9-16.1-2.4-12.2-4.6-0.11.7-2.2-22.8-4.2
Net Profit
Mgn %
2.6-8.3-25.7-15.8-220.90.81.31-19.6-1.8
Debt to
Equity
1.21.64.27.616.716.214.513.812.7231.5
Working Cap
Days
4144584157351,4851,6851,4951,3291,1913,0091,577
Cash Conv.
Cycle
819688124311350236194301977-86

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

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

Latest Financials - Valecha Engineering Ltd.

Standalone Consolidated
TTM EPS (₹) -1.1 -51.6
TTM Sales (₹ Cr.) 140 153
BVPS (₹.) 30.6 -364.3
Reserves (₹ Cr.) 46 -843
P/BV 0.62 -0.05
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 19.00 / 19.10
All Time Low / High (₹) 4.74 / 238.67
Market Cap (₹ Cr.) 42.8
Equity (₹ Cr.) 22.5
Face Value (₹) 10
Industry PE 44.5

Management X-Ray of Valecha Engg.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *12.2612.2612.2612.2612.2612.2612.2612.2612.2612.26
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Valecha Engg.

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
Sales670.27649.94708.33410.93207.80184.30207.89218.63230.8190.07
Operating Expenses 601.92644.35822.16421.10233.19193.63208.04214.87235.83110.60
Manufacturing Costs374.05375.02631.69283.01145.82146.12185.42172.93217.38101.50
Material Costs171.94213.66120.4286.6959.6127.9611.7915.1710.270.08
Employee Cost 36.9329.0422.1317.4288.557.755.325.625.41
Other Costs 19.0126.6347.9233.9819.76113.0821.452.563.61
Operating Profit 68.355.59-113.82-10.17-25.39-9.33-0.153.76-5.02-20.53
Operating Profit Margin (%) 10.2%0.9%-16.1%-2.5%-12.2%-5.1%-0.1%1.7%-2.2%-22.8%
Other Income 13.7312.1712.1939.1767.6917.235.705.327.963.61
Interest 43.2848.6963.5371.4267.611.561.290.780.210.19
Depreciation 11.0828.2919.8814.7610.145.182.111.320.400.54
Exceptional Items 000000-0.50-5.8600
Profit Before Tax 27.72-59.22-185.04-57.18-35.451.161.651.122.33-17.65
Tax 8.97-5.36-3.760.751.6600-0.4200
Profit After Tax 18.75-53.86-181.28-57.93-37.111.161.651.542.33-17.65
PAT Margin (%) 2.8%-8.3%-25.6%-14.1%-17.9%0.6%0.8%0.7%1.0%-19.6%
Adjusted EPS (₹)9.6-27.6-80.5-25.7-16.50.50.70.71.0-7.8
Dividend Payout Ratio (%)8%0%0%0%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 322.99263.25112.0669.0129.2231.6334.9936.1539.3821.72
Share Capital 19.5319.5322.5322.5322.5322.5322.5322.5322.5322.53
Reserves 303.46243.7289.5346.486.699.1012.4613.6216.85-0.81
Minority Interest0000000000
Debt268.82243.90228.58311.19311.57346.96344.53347.01344.75344.72
Long Term Debt182.14151.96115.5327.5228.1927.0827.1530.7830.7830.78
Short Term Debt86.6891.94113.05283.67283.38319.88317.38316.23313.97313.94
Trade Payables125.98158.38165.74172.30153.17153.74117.1094.4372.3073.60
Others Liabilities 424.07463.87560.49470.13454.77408.29399.09349.27348.29355.72
Total Liabilities 1,141.861,129.391,066.871,022.63948.73940.62895.71826.86804.72795.76

Fixed Assets

Gross Block223222.21176.56129.72108.5964.1644.285.076.236.06
Accumulated Depreciation66.5498.5598.4283.2680.7352.1037.183.193.503.64
Net Fixed Assets156.46123.6678.1546.4627.8612.067.101.882.732.42
CWIP 0000000000
Investments 96.27128.91134.4689.8674.7047.7442.1242.0642.0742.07
Inventories58.1951.2555.2740.6415.191.230.511.120.030.01
Trade Receivables250.51265.53256.07259.70329.35309.21229.61238.86305.24298.97
Cash Equivalents 71.8264.0856.8928.9913.0212.05723.439.7813.33
Others Assets508.61495.97486.03556.98488.61558.33609.37519.51444.87438.96
Total Assets 1,141.861,129.391,066.871,022.63948.73940.62895.71826.86804.72795.76

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 17.223.09-17.60-100.8931.01-71.87-8.4120.21-17.951.87
PBT 27.72-59.22-185.04-57.18-35.451.161.651.122.33-17.65
Adjustment 40.8265.2073.0457.8957.456.490.682.63-2.46-1.31
Changes in Working Capital -39.87-0.71109.24-98.343.94-88.75-6.713.06-15.3312.84
Tax Paid -11.34-1.20-14.83-3.265.079.23-4.0313.40-2.497.99
Cash Flow From Investing Activity -28.919.8920.2932.9226.7638.817.376.762.811.83
Capex -5.24-0.6725.4927.4821.895.912.451.81-1.14-0.20
Net Investments -23.19-32.6500026.880000
Others -0.4743.20-5.195.444.876.024.924.953.952.03
Cash Flow From Financing Activity 12.08-20.72-9.8968.32-66.8034.11-3.69-6.22-2.33-0.22
Net Proceeds from Shares 0030.150000000
Net Proceeds from Borrowing 38.7329.044.20-31.24-28.67-1.110.073.6200
Interest Paid -41.66-47.05-62.20-71.05-67.16-1.28-1.27-0.76-0.21-0.19
Dividend Paid -1.95-1.4600000000
Others 16.96-1.2517.97170.6129.0336.50-2.49-9.08-2.12-0.03
Net Cash Flow 0.39-7.74-7.190.35-9.031.05-4.7320.75-17.473.48
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)5.97-18.41-96.91-64.18-75.563.814.954.336.17-57.77
ROCE (%)10.69-1.53-19.372.425.810.510.540.350.47-3.3
Asset Turnover Ratio0.620.570.650.390.210.20.230.250.280.11
PAT to CFO Conversion(x)0.92N/AN/AN/AN/A-61.96-5.113.12-7.7N/A
Working Capital Days
Receivable Days1241451342295176324733914301,224
Inventory Days3031274349162110
Payable Days2542434917129962,0034,1922,5452,9630

Valecha Engineering Ltd Stock News

Valecha Engineering Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Valecha Engg. 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 Valecha Engg. stood at ₹42.81.
The latest P/E ratio of Valecha Engg. as of 01-Jan-1970 05:30 is 0.00.
The latest P/B ratio of Valecha Engg. as of 01-Jan-1970 05:30 is 0.62.
The 52-week high of Valecha Engg. is ₹19.10 and the 52-week low is ₹19.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Valecha Engg. is ₹139.7 ( Cr.) .

About Valecha Engineering Ltd

Valecha Engineering (VEL) incorporated in 1957, is promoted by the Valecha brothers as an entrepreneurial concern in Gopaldas Vasudev & Co. The company started with small road projects for the BMC with a subsequent entry into the field of irrigation projects like dams in 1977 and bridges in 1980.

Over the years, the company grew in size and stature with time and was then converted into a public limited company rechristened as Valecha Engineering in the year 1993. The years 1997 and 1998 saw the Valecha Engineering foray into airports, flyovers and foundation piling works.

Today Valecha Engineering is a leading player in the construction industry having a group turnover of Rs 3000 millions.

VEL is engaged in the construction of major infrastructure and engineering projects such as irrigation dams, reservoirs and canals, roads, highways and expressways, bridges and tunnels, railways, airports and foundation and piling works.

The company has also achieved the accreditation of ISO 9001:2000 and positioned itself as a globally accepted construction and infrastructure company.

It has created some of the most prominent civil engineering infrastructure landmarks of India and has positioned itself as a globally accepted construction and infrastructure development company.

The shares of the company are listed on Bombay Stock Exchange and National Stock Exchange. It is one of the firms, which deal regularly with the Government of India projects aided by the World Bank.

The company’s clientele list includes names like Brihanmumbai Municipal Corporation (BMC), Central Public Works Departments, Delhi Metro Rail Transport, Indian Railways Construction, Jawaharlal Nehru Port Trust (JNPT), Konkan Railway Corp, Maharashtra State Road Development Corporation (MSRDC), Maharashtra State Warehousing Corporation (MSWC), Metro Urban Transport Project (MUTP), Mumbai Metropolitan Region Development Authority (MMRDA), National Building Construction Corporation (NBCC), National Highways Authority of India (NHAI), National Thermal Power Corporation (NTPC) and Public Works Departments.

Projects

  • Airports and Airstrip resurfacing - Valecha Engineering has undertaken projects for the Dimapur, Mumbai, Chennai and Vadodara Airports
  • Piling Works - VEL has some of the best machines in the business and has undertaken piling contracts for various organizations such as DTTDC, NHAI, to name a few. It has recently been awarded the largest piling works contract of India at Kahalgaon by The National Thermal Power Corporation (NTPC).
  • Building & Structures - Valecha Engineering has constructed some very fine buildings over the years such as Kamla Raheja College for Architecture at Juhu Vile Parle Scheme for the Upanagar Shikshan Mandal, JVPD, Mumbai. The company has also undertaken construction of a residential project at Wadala in Mumbai, Maharashtra.
  • Bridges and Flyovers - VEL has developed an in-house expertise and collected a wealth of experience in carrying out bridge construction, strengthening old bridges and modernizing them including widening of carriageways, etc. Apart from building bridges, building flyovers in metros like Mumbai is also another expertise that Valecha Engineering has developed over the years.
  • Tunnels - The company construction tunnels such as Kasheli tunnel for Bombay's Water Supply, the Ghatkopar tunnel system for sewerage disposal, the tailrace tunnel for the Pench Hydroelectric Power Project, tunnels for the Konkan Railway Project and Kanher tunnel at Satara for MKVDC.
  • Roads - VEL has been awarded Chittorgarh Bypass concrete road in joint venture with Ashoka Buildcon. The company is presently executing two concrete roads for MMRDA in Mumbai city.
  • Dams - Under this the company has undertaken projects such as Irrigation dams, reservoirs & canals - Karanjwan Dam in Upper Godavari Project, Nasik District, Central Spillway of the Upper Wardha Project in Amravati District and Warna Masonry Dam in Sangli District.

Awards/recognition

  • Valecha Engineering was ranked one of the top 10 Construction Companies at the Construction World Award 2005.
  • It was the first Infrastructure company to go to the North-East to complete a Major NHAI Project in the state of Assam.
  • VEL is the largest fleet owner of Hydraulic Rotary Rigs in the country.
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 Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.