Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

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P/E Ratio (SA):
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Market Cap:
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52-wk low:
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10 Year X-Ray of :

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.
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Recent Performance Summary

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Latest Financials -

Standalone Consolidated
TTM EPS (₹) 19.9 -
TTM Sales (₹ Cr.) 557 -
BVPS (₹.) 82.9 -
Reserves (₹ Cr.) 113 -
P/BV 0.00 -
PE 0.00 -
From the Market
52 Week Low / High (₹) - / -
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 0
Equity (₹ Cr.) 15.5
Face Value (₹) 10
Industry PE 13.3

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Valuation of - Standalone Basis

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Analyst's Notes

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Key Ratios of

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
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Balance Sheet

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Stock News

FAQs

The current trading price of 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 31-Dec-1969 the market cap of stood at ₹0.00.
The latest P/E ratio of as of 31-Dec-1969 is 0.00.
The latest P/B ratio of as of 31-Dec-1969 is 0.00.
The 52-week high of is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of is ₹557.1 ( Cr.) .

About

Aravali Infrapower was originally incorporated as Aravali Aluminium Private Limited on December 13, 2002 under the Companies Act, 1956 with Registrar of Companies NCT Delhi & Haryana. The name of the company was changed to Aravali Infrapower Private Limited on January 13, 2007 to reflect the business activity of the company in its name. Subsequently the company was converted into a public limited company w.e.f. January 29, 2007. The Corporate Identification Number of the company is U27109DL2002PLC118032.

The company was primarily formed to manufacture Aluminium alloys. In order to expand its base it acquired Aravali Zinc & Alloys, a partnership firm as a going concern on March 14, 2003. On June 6, 2007 the company acquired a partnership firm Pioneer Construction Company, with an experience of 25 years in execution and erection of transmission projects. The company subsequently acquired Techno Engineering Company, a proprietorship firm as a going concern on February 28, 2008 to gain more experience in the manufacturing of transmission tower and substation structures. Parekh Electrawire Industries Limited became a subsidiary of the company on March 31, 2008 and subsequently it got amalgamated in the company vide the orders of High Courts of Delhi and Gujrat dated March 23, 2009 and August 31, 2009 respectively with effect from April 01, 2008 being the “Appointed Date”. The company augmented its experience in the field of electrical sub-stations and railway electrification by acquiring one more partnership firm viz. Progressive Enterprise on January 12, 2010. The company augmented its experience in the field of railway signaling and telecommunication by acquiring one sole proprietorship firm viz. Sachin Construction Company on August 06, 2010.

They are a diversified company engaged in providing Engineering, Procurement and Construction services (EPC) for Power (Transmission & Distribution) Sector and Civil Infrastructure (Roads & Bridges) and is having manufacturing facilities of Transmission Tower Parts, Aluminium Overhead Conductors and Aluminum Alloys for Automobile Industry. They have over the years emerged as an integrated organization for construction of Power Transmission Lines (upto 765 KV), Distribution Projects and Sub-stations under Turnkey Projects. They have also manufacturing capacity of 70,000 MT per annum for Transmission Towers & 45,000 MT per annum for Aluminum Overhead Conductors. Their manufacturing units are located at Sitarganj (Uttrakhand), Dera Bassi (Punjab) & Nadiad (Gujarat).

They are executing the projects in power transmission and distribution sector in India for public sector utilities such as Power Grid Corporation of India (PGCIL) and state power utilities like UP Power Transmission Corporation, Dakshin Haryana Bijli Vitran Nigam, Delhi Transco Limited, Madhya Pradesh Power Transmission Company, Madhya Pradesh Madhya Kshetra Vidyut Vitaran Company, Himachal Pradesh State Electricity Board, West Bengal State Electricity Transmission Company Limited, etc. They have diversified their presence in international market and have been awarded contracts in Nepal, Ethiopia and Yemen for Power Transmission, Distribution & Sub-station.

They have established an integrated EPC (Engineering, Procurement & Construction) division by acquisition as a going concern of Pioneer Construction Company, Lucknow (engaged in construction of transmission lines), Techno Engineering Company, Chandigarh (engaged in manufacturing of transmission towers and parts) and Parekh Electrawire Industries, Nadiad, Gujarat (engaged in production of aluminium overhead conductors) in financial year 2007-08 to undertake the Power T&D Projects right from the surveys to the charging of the line. They have positioned themselves as an integrated company in India in Power Transmission Sector covering EPC expertise in transmission lines, substation and rural electrification backed by manufacturing facilities for galvanized EHV Tower and overhead Aluminium Conductors. Recently in 2010 they have also entered into the railway electrification segment and sub-station by acquiring Progressive Enterprises, Kolkata and in railway signaling and telecommunication by acquiring Sachin Construction Company, Kolkata. Most of the work in their turnkey projects in power transmission and sub-stations is won on a competitive bidding basis and, in most cases; the client is a public sector entity or a government entity. In fiscal 2009-10, the income from EPC business as per restated financial statement was Rs 27,692.51 lakh comprising of 49.40% of the total revenue for the year.

Products:

  • Conductors - Overhead Aluminium Conductors (OAC) are used for transmitting electricity in Transmission Line Projects. Several numbers of aluminium wires are coiled together depending upon the degree of voltage of electricity which is intended to be passed through it. In order to provide strength to OAC, steel wires are reinforced in between the aluminium wires so that it can withstand the pressures of wind velocities, thunderstorms, and climate and wind velocities.
  • Towers - Transmission tower is a tall structure, usually a steel lattice tower, used to support overhead electricity conductors for electric power transmission. They are used in high voltage systems as well as for railway electrification, and come in a wide variety of shapes and sizes.
  • Aluminium Alloys - Aluminium alloys are alloys in which aluminium is the predominant metal. The application of aluminium alloys is in auto ancillary industry. Aluminium alloys are widely used in automotive engines, particularly in cylinder blocks & crankcases due to the weight savings that is possible.

Milestones:

2002

  • Incorporated as “Aravali Aluminium Private Limited”, a private limited company, under the Companies Act, 1956.

2003

  • Takeover of Aravali Zinc & Alloys, an aluminum alloy manufacturing unit, as a going concern.

2004

  • Taken land on lease for setting up of non ferrous alloy manufacturing plant at Kathua situated in a notified tax exempted area in Jammu and Kashmir.

2005

  • Commencement of commercial production at Kathua.

2006

  • Taken land on lease measuring 10 acres at Sitarganj situated in a notified tax exempted area in Uttarakhand for setting up of Transmission tower and Aluminum Overhead Conductor unit.
  • Name of the company was changed to 'Aravali Infrapower Private Limited'.

2007

  • Conversion of company into a public limited company.
  • Acquired Technical Qualification criteria to submit various tenders in EPC by acquiring Pioneer Construction Company, a 25 years old EPC Company, as a going concern.

2008

  • Takeover of 'Techno Engineering Company', an 18 year old tower manufacturing company having facilities, at Chandigarh and Mohali.
  • Investment in the company Parekh Electrawire Industries Limited having a business of manufacturing of power cable and conductors at Nadiad, Gujarat making it a wholly owned subsidiary of the company.
  • Achieved turnover of Rs. 100 Crores.
  • Commencement of trial production at Sitarganj unit
  • Commencement of commercial production at Sitarganj unit.
  • Purchased land Measuring 5 acres with building constructed thereon at Dera Bassi, Punjab for relocation of Chandigarh and Mohali unit of Techno Engineering Company

2009

  • Amalgamation of the wholly owned subsidiary viz. Parekh Electrawire Industries Limited with the company vides orders of High Courts of Delhi and Gujrat dated 23.03.2009 and 31.08.2009 respectively.

2010

  • Diversified the line of business by entering into construction business
  • Takeover of Progressive Enterprises, having 25 years of rich experience in construction of electrical sub-stations & railway electrification, as a going concern.
  • Exceeded the turnover of Rs 500 crore.
  • Acquired Sole Proprietorship Firm Sachin Construction Company, having 22 years of experience in railway signaling, telecommunication and general electrical work, as a going concern.

Subsidiaries:

1. AIPL International Commodities

2. Aravali Solar Energy

Competitors:

1. KEC International

2. Kalaptaru Power

3. Jyoti Structures

4. Era Constructions (India)

5. NKG Infrastructure

6. Valecha Engineering

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