Advait Infratech Ltd - Stock Valuation and Financial Performance

BSE: 543230 | NSE: | Engineering - Industrial Equipments | Small Cap

Advait Infratech Share Price

1,310 -33.80 -2.52%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Advait Infratech

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Advait Infratech stock performance -

mw4me loader
P/E Ratio (SA):
134.81
Market Cap:
1,348.2 Cr.
52-wk low:
252
52-wk high:
1,618

Is Advait Infratech Ltd an attractive stock to invest in?

1. Is Advait Infratech Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Advait Infratech Ltd is a good quality company.

2. Is Advait Infratech Ltd undervalued or overvalued?

The key valuation ratios of Advait Infratech Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Advait Infratech Ltd a good buy now?

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

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.
Advait Infratech Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 40.2%42.6%17.1%21.1%17.2%18.4%20.9%-
Value Creation
Index
1.92.10.20.50.20.30.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 28.743.528.140.358.172102102
Sales YoY Gr.-51.2%-35.4%43.5%44.1%24%41%-
Adj EPS 5.57.64.36.14.86.99.89.8
YoY Gr.-37.7%-44%42%-20.3%43.2%41.5%-
BVPS (₹) 13.421.826.131.93440.65064.8
Adj Net
Profit
4.15.73.24.54.971010
Cash Flow from Ops. 3.56.41.22.1-0.86.912.6-
Debt/CF from Ops. 0.20.10.81.1-0.30.91.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA18.5%36.1%41%
Adj EPS NA5.1%17.3%41.5%
BVPSNA18.1%16.1%23.1%
Share Price - - 269.4% 379.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
41.243.217.820.916.818.521.517.1
Op. Profit
Mgn %
20.616.414.515.311.713.417.117.1
Net Profit
Mgn %
14.413.111.411.38.59.89.89.9
Debt to
Equity
0.100.10.100.20.3-
Working Cap
Days
011521416714215316939
Cash Conv.
Cycle
0-27-67-343292921

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 36.06%

Net Profit is growing at healthy rate in last 3 years 17.28%

Sales growth is good in last 4 quarters at 64.44%

Return on Equity has declined versus last 3 years average to 17.10%

Latest Financials - Advait Infratech Ltd.

Standalone Consolidated
TTM EPS (₹) 9.8 8
TTM Sales (₹ Cr.) 102 103
BVPS (₹.) 64.8 59.3
Reserves (₹ Cr.) 56 50
P/BV 20.39 22.31
PE 134.81 165.98
From the Market
52 Week Low / High (₹) 252.00 / 1618.00
All Time Low / High (₹) 25.00 / 1618.00
Market Cap (₹ Cr.) 1,348
Equity (₹ Cr.) 10.2
Face Value (₹) 10
Industry PE 46

Management X-Ray of Advait Infratech:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Advait Infratech

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales294328405872102
Operating Expenses 23362435516284
Manufacturing Costs0004110
Material Costs16281824415070
Employee Cost 1112234
Other Costs 67557810
Operating Profit 674671017
Operating Profit Margin (%) 20.5%16.4%14.4%13.9%11.4%13.4%17.1%
Other Income 1201112
Interest 0001112
Depreciation 0000003
Exceptional Items 0000000
Profit Before Tax 694671014
Tax 2212224
Profit After Tax 46345710
PAT Margin (%) 14.8%14.5%11.5%10.9%8.3%9.9%9.9%
Adjusted EPS (₹)5.78.44.35.94.77.09.8
Dividend Payout Ratio (%)0%0%0%0%11%7%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 10162024354151
Share Capital 00445510
Reserves 10161620303641
Minority Interest0000000
Debt01110610
Long Term Debt0111069
Short Term Debt0000001
Trade Payables7121213152037
Others Liabilities 5442139
Total Liabilities 233337415171107

Fixed Assets

Gross Block22233421
Accumulated Depreciation1111114
Net Fixed Assets11211217
CWIP 00000131
Investments 3111212121212
Inventories01123611
Trade Receivables8121010182545
Cash Equivalents 656812918
Others Assets3367434
Total Assets 233337415171107

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 3612-1713
PBT 694671014
Adjustment 0000015
Changes in Working Capital -01-1-3-6-2-3
Tax Paid -2-3-2-2-2-2-3
Cash Flow From Investing Activity 1-7001-14-6
Capex -10000-14-6
Net Investments 1-800000
Others 0100100
Cash Flow From Financing Activity 0000542
Net Proceeds from Shares 0000700
Net Proceeds from Borrowing 0000000
Interest Paid 000-1-1-1-2
Dividend Paid 0000-1-1-1
Others 0000-155
Net Cash Flow 5-1124-39
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)42.4247.711820.1816.4518.7321.64
ROCE (%)62.9463.8122.6329.4723.8425.2128.56
Asset Turnover Ratio1.271.560.811.051.271.181.14
PAT to CFO Conversion(x)0.7510.330.5-0.211.3
Working Capital Days
Receivable Days104831429390111126
Inventory Days64812172431
Payable Days169123248190125129150

Advait Infratech Ltd Stock News

Advait Infratech Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Advait Infratech on 28-Mar-2024 16:01 is ₹1,310.
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 28-Mar-2024 16:01 the market cap of Advait Infratech stood at ₹1,348.2.
The latest P/E ratio of Advait Infratech as of 28-Mar-2024 16:01 is 134.8.
The latest P/B ratio of Advait Infratech as of 28-Mar-2024 16:01 is 20.39.
The 52-week high of Advait Infratech is ₹1,618 and the 52-week low is ₹252.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Advait Infratech is ₹101.5 ( Cr.) .

About Advait Infratech Ltd

Advait Infratech Limited is an Ahmedabad based company which provides products and solutions in the power transmission, power substation and telecommunication infrastructure sectors. It was founded in 2009 and was recently offered Initial Public Offering and got listed at the Bombay Stock Exchange in 2020.

Business area of the company

The company is into business of providing products and solutions for power transmission, power substation and telecommunication infrastructure fields. It operates with various verticals such as Turnkey Telecommunication Projects, Installation of the Power Transmission, Sub Station and Telecom Products, Liasioning-marketing and providing end to end solutions for the overseas customers operating in the field Power Transmission and Sub Station, Trading of the similar products, and manufacturing through OEM of the stringing Tools. The major Products and Solutions offered by the company are Optical Fibre Ground Wire (OPGW) and OFC cables and its solutions; Insulators for the EHV-Extra High Voltage Transmission Lines; Stringing Tools for construction of Transmission lines; Gas Insulators Sub Stations supply from its partners and providing end to end solutions; Earthing Solutions; and Transmission line and Sub Station Lines specialized products. The company has expanded its verticals by venturing into manufacturing of OPGW (Optical Fibre Ground Wire) and OFC Cables.

Product and services

  • OPGW & Optical Fiber Cable
  • Stringing Tools
  • Carbon Core Conductors (HTLS)
  • GIS (Gas Insulated Switchgear) Substation
  • Bird Diverters
  • Towers
  • Earthing Solutions
  • Insulators
  • Emergency Retrieval System (ERS)

Milestones

  • 2010: Advait Infratech starts its journey. The company started with supplying insulators and dealt with domestic as well as overseas market.
  • 2011: Enjoying the privilege of being the most penetrated and dependable stringing tools manufacturing, trading & supplying company in the Indian and African market. Started supplying EPCs entire range of products.
  • 2012: Started dealing with cable connectors used for transmission segments.
  • 2013: Tapped the “Transformer” market and received first order of Transformers.
  • 2014: Through its associates Chint, T&D, Sieyuan, and Pinggao (China) received overseas GIS order. Advait also started its journey for OPGW supply from their associate partner Sichuan Huiyuan.
  • 2015: Advait added to its portfolio by supplying Silicon Jackets in domestic and overseas market.
  • 2016: Advait took an assignment of Live line Installation of OPGW and holds more than 10,000 km of orders from PGCIL, GETCO & UPPTCL in the year 2020. Incorporated JV with OPGW partner M/s Jiangsu Tongguang Optical Fiber Co., Ltd (TGG)
  • 2017: Advait starts its journey in SF6 Gas Handling Plant.
  • 2018: Advait entered into earthing solution business with major manufacturing associates and dealing with all type of tools and equipment dealt in transmission.
  • 2019: Launched TG Advait India Private Limited. Accelerating past experience of OPGW, Advait established OPGW manufacturing unit in Sanand, Gujarat.
  • 2020: Advait started installations and supply in OFC segment. After more than a decade of its establishment. Also, Advait Infratech gets listed on Bombay Stock Exchange (BSE) SME.

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