Bondada Engineering Ltd - Stock Valuation and Financial Performance

BSE: 543971 | NSE: | Telecom-Infrastructure | Small Cap

Bondada Engineering Share Price

1,351.75 64.35 5.00%
as on 26-Apr'24 16:01

DeciZen - make an informed investing decision on Bondada Engineering

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Bondada Engineering stock performance -

mw4me loader
P/E Ratio (SA):
285.82
Market Cap:
2,920.1 Cr.
52-wk low:
142.5
52-wk high:
1,351.8

Is Bondada Engineering Ltd an attractive stock to invest in?

1. Is Bondada Engineering Ltd a good quality company?

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

2. Is Bondada Engineering Ltd undervalued or overvalued?

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

3. Is Bondada Engineering Ltd a good buy now?

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

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.
Bondada Engineering 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'21Mar'22TTM
ROCE % 9%13.2%-
Value Creation
Index
-0.4-0.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 287300300
Sales YoY Gr.-4.5%-
Adj EPS 3.86.54.7
YoY Gr.-72.6%-
BVPS (₹) 31.137.60
Adj Net
Profit
5.910.210
Cash Flow from Ops. -2.623.9-
Debt/CF from Ops. -18.21.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANA4.5%
Adj EPS NANANA72.6%
BVPSNANANA21.1%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'21Mar'22TTM
Return on
Equity %
12.21925.2
Op. Profit
Mgn %
4.86.2NAN
Net Profit
Mgn %
2.13.43.4
Debt to
Equity
10.6-
Working Cap
Days
01810
Cash Conv.
Cycle
01100

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 25.20%

Debt to equity has declined versus last 3 years average to 0.63

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Bondada Engineering Ltd.

Standalone Consolidated
TTM EPS (₹) 4.7 8.3
TTM Sales (₹ Cr.) 300 371
BVPS (₹.) 0 57.6
Reserves (₹ Cr.) 98 103
P/BV 0.00 23.47
PE 285.82 163.60
From the Market
52 Week Low / High (₹) 142.50 / 1351.75
All Time Low / High (₹) 142.50 / 1287.40
Market Cap (₹ Cr.) 2,920
Equity (₹ Cr.) 21.6
Face Value (₹) 10
Industry PE 42.8

Management X-Ray of Bondada Engineering:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Bondada Engineering

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22
Sales287300
Operating Expenses 273282
Manufacturing Costs118102
Material Costs73144
Employee Cost 6928
Other Costs 138
Operating Profit 1419
Operating Profit Margin (%) 4.8%6.2%
Other Income 10
Interest 43
Depreciation 21
Exceptional Items 00
Profit Before Tax 914
Tax 24
Profit After Tax 710
PAT Margin (%) 2.3%3.4%
Adjusted EPS (₹)4.36.6
Dividend Payout Ratio (%)0%2%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 4859
Share Capital 11
Reserves 4858
Minority Interest00
Debt4435
Long Term Debt62
Short Term Debt3732
Trade Payables3525
Others Liabilities 4136
Total Liabilities 168154

Fixed Assets

Gross Block89
Accumulated Depreciation33
Net Fixed Assets55
CWIP 00
Investments 010
Inventories5338
Trade Receivables8074
Cash Equivalents 50
Others Assets2526
Total Assets 168154

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22
Cash Flow From Operating Activity -324
PBT 1214
Adjustment 64
Changes in Working Capital -205
Tax Paid 00
Cash Flow From Investing Activity 4-16
Capex 6-1
Net Investments 0-10
Others -3-4
Cash Flow From Financing Activity 3-13
Net Proceeds from Shares 00
Net Proceeds from Borrowing 1-4
Interest Paid -4-3
Dividend Paid 00
Others 5-6
Net Cash Flow 4-5
PARTICULARSMar'21Mar'22
Ratios
ROE (%)13.9419.1
ROCE (%)13.6918.8
Asset Turnover Ratio1.711.86
PAT to CFO Conversion(x)-0.432.4
Working Capital Days
Receivable Days10294
Inventory Days6856
Payable Days17777

Bondada Engineering Ltd Stock News

Bondada Engineering Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Bondada Engineering on 26-Apr-2024 16:01 is ₹1,351.8.
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 26-Apr-2024 16:01 the market cap of Bondada Engineering stood at ₹2,920.1.
The latest P/E ratio of Bondada Engineering as of 26-Apr-2024 16:01 is 285.8.
The latest P/B ratio of Bondada Engineering as of 26-Apr-2024 16:01 is 0.00.
The 52-week high of Bondada Engineering is ₹1,351.8 and the 52-week low is ₹142.5.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bondada Engineering is ₹300.1 ( Cr.) .

About Bondada Engineering Ltd

The company was incorporated as ‘Bondada Engineering Private Limited’ as private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated March 29, 2012, issued by the Assistant Registrar of Companies, Andhra Pradesh. Subsequently, the company was converted into a public limited company pursuant to a special resolution passed by its shareholders at an Extra-ordinary General Meeting held on March 17, 2023, and the name of company was changed to ‘Bondada Engineering Limited’ and a fresh certificate of incorporation consequent upon conversion dated May 31, 2023, was issued by the Registrar of Companies, Hyderabad.

The company is an ISO 9001:2015 certified integrated infrastructure company engaged in the business of providing engineering, procurement and construction (EPC) services and operations and maintenance (O&M) services to its pan India customers operating in telecom and solar energy industry. Its expertise lies in providing core design and engineering services and O&M services in infrastructure space with proven multiple projects execution track record with its knowledge-based approach and an experienced team of many employees. It provides passive telecom infrastructure services which include turnkey services for cell site construction, erection, operation and maintenance of telecom towers with civil, electrical and mechanical works; supply of poles and towers, laying and maintenance of optical fiber cables, supply of power equipment and other telecom infrastructure related services to major telecom companies and telecom tower operators in India. 

It also provides O&M services to telecom and tower operating companies such as cell site maintenance with preventive and corrective maintenance of passive infrastructure and equipment’s, backup power systems, manning services and supply of riggers, surveillance, and corrective maintenance of optical fiber cable routes and other maintenance related facilities. Its tower manufacturing facility located at Medchal District, Telangana, for tower fabrication has been the backbone for its Telecom Tower EPC business.

Business area of the company 

The company engaged in the business of providing engineering, procurement and construction (EPC) services and operations and maintenance (O&M) services to its pan India customers operating in telecom and solar energy industry.

Awards, accreditations & recognition 

  • 2021: ET Excellence Award for Excellence in Telecom Infrastructure Services Provider.
  • 2022: Gold medal from Indian Red Cross Society, Andhra Pradesh for CSR activities.
  • 2023: ‘Company of the Year 2022’ by Global India Business Forum.

History and milestone 

  • 2012-13: Incorporation of the company.
  • 2013-14: Commenced Telecom EPC Business.
  • 2014-15: Achieved 100% growth in revenue in Telecom EPC Business.
  • 2014-15: Commenced uPVC windows manufacturing plant.
  • 2015-16: Commenced AAC blocks manufacturing plant.
  • 2016-17: Secured orders for Solar EPC Business.
  • 2016-17: Received ISO Certification 9001:2008.
  • 2017-18: Crossed annual revenue above Rs 100 crore.
  • 2017-18: Commenced Telecom Tower manufacturing plant.
  • 2018-19: Received ISO Certification 9001:2015.
  • 2019-20: Entered Telecom Tower and OFC O&M Contracts in Maharashtra & Goa and OFC O&M.
  • 2019-20: Contracts in Tamil Nadu, Karnataka & Kerala.
  • 2019-20: Secured 13.86 MW Solar EPC order.
  • 2019-20: Crossed annual revenue above Rs 200 crore.
  • 2019-20: Constructed on turnkey basis 1st Tower Mounted Doppler Weather Radar in Maharashtra and Tamil Nadu.
  • 2021-22: Crossed annual revenue above Rs 300 crore.
  • 2021-22: Transfer of uPVC undertaking to its subsidiary company, BAPL.
  • 2021-22: Transfer of AAC Undertaking to its subsidiary company, SITPL.
  • 2022-23: Received single Telecom EPC and O&M work order from Government of India enterprise for Rs 1,156.45 crore.
  • 2023-24: Incorporated subsidiary company, BEEPL for manufacturing and supply of LED lights. 
  • 2023-24: Conversion to public limited Company.

Read More Read Less
You have 0 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.