Conart Engineers Ltd

Conart Engineers Ltd

₹ 308 -5.00%
24 Dec 9:02 a.m.
About

Incorporated in 1973, Conart Engineers Ltd providing General Contracting and Project Management Services[1]

Key Points

Services Offered:[1][2]
a) General Contracting:
Cost monitoring and control, Schedule development and control, Subcontractor management, Field engineering and site management, Safety assurance, Project accounting, Change management, Shop
drawings and material submittal review,
Quality control, etc.
b) Design Built:
Constructability, budgeting, cost control,
and logistics
c) Turnkey Services:
Company provides real estate investing,
finance, and development
d) Project Management:
Mater Planning, Bid Phase, Cost Estimating,
CPM Scheduling, Change Order Evaluation,
Project Cost Controls, Safety, Quality
Management / Field Inspections,
Technology Services, Constructability
Review

  • Market Cap 96.7 Cr.
  • Current Price 308
  • High / Low 348 / 62.0
  • Stock P/E 27.2
  • Book Value 97.8
  • Dividend Yield 0.00 %
  • ROCE 11.6 %
  • ROE 10.4 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter

Cons

  • Stock is trading at 3.32 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 8.05% over last 3 years.
  • Contingent liabilities of Rs.90.0 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
11.01 9.09 11.46 5.67 13.28 8.01 8.53 8.69 11.64 13.77 13.77 9.92 10.57
10.64 8.46 10.98 5.14 12.62 7.16 7.65 8.45 10.72 12.14 12.14 9.45 9.59
Operating Profit 0.37 0.63 0.48 0.53 0.66 0.85 0.88 0.24 0.92 1.63 1.63 0.47 0.98
OPM % 3.36% 6.93% 4.19% 9.35% 4.97% 10.61% 10.32% 2.76% 7.90% 11.84% 11.84% 4.74% 9.27%
0.08 0.13 0.24 0.06 0.03 0.04 0.05 0.09 0.27 0.04 0.04 0.10 0.05
Interest 0.00 0.00 0.00 0.02 0.01 0.00 0.00 0.01 0.00 0.00 0.00 0.01 0.00
Depreciation 0.11 0.12 0.12 0.13 0.14 0.13 0.15 0.15 0.15 0.14 0.14 0.15 0.14
Profit before tax 0.34 0.64 0.60 0.44 0.54 0.76 0.78 0.17 1.04 1.53 1.53 0.41 0.89
Tax % 44.12% 21.88% 21.67% 27.27% 40.74% 25.00% 14.10% 29.41% 8.65% 24.18% 24.18% 65.85% -21.35%
0.20 0.50 0.47 0.34 0.33 0.57 0.66 0.13 0.95 1.16 1.16 0.14 1.09
EPS in Rs 0.64 1.59 1.50 1.08 1.05 1.82 2.10 0.41 3.03 3.69 3.69 0.45 3.47
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
24.46 8.42 19.11 20.75 20.43 22.51 31.03 25.22 21.71 36.56 35.49 48.89 48.03
24.73 8.62 18.41 19.06 18.49 20.68 28.71 23.81 20.80 34.77 32.56 45.32 43.32
Operating Profit -0.27 -0.20 0.70 1.69 1.94 1.83 2.32 1.41 0.91 1.79 2.93 3.57 4.71
OPM % -1.10% -2.38% 3.66% 8.14% 9.50% 8.13% 7.48% 5.59% 4.19% 4.90% 8.26% 7.30% 9.81%
0.58 0.90 1.04 0.48 0.54 0.33 0.44 0.67 0.95 0.41 0.17 0.55 0.23
Interest 0.21 0.07 0.03 0.03 0.05 0.05 0.00 0.01 0.01 0.00 0.03 0.03 0.01
Depreciation 0.47 0.47 0.53 0.51 0.52 0.49 0.50 0.51 0.44 0.47 0.54 0.60 0.57
Profit before tax -0.37 0.16 1.18 1.63 1.91 1.62 2.26 1.56 1.41 1.73 2.53 3.49 4.36
Tax % -37.84% 50.00% 5.08% 31.29% 32.98% 25.93% 26.11% 23.72% 26.95% 26.01% 21.74% 11.75%
-0.24 0.08 1.12 1.12 1.29 1.20 1.67 1.19 1.04 1.28 1.97 3.08 3.55
EPS in Rs -0.80 0.27 3.73 3.73 4.30 3.82 5.32 3.79 3.31 4.08 6.27 9.81 11.30
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 26.39% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 19%
5 Years: 10%
3 Years: 31%
TTM: 30%
Compounded Profit Growth
10 Years: 41%
5 Years: 11%
3 Years: 89%
TTM: 54%
Stock Price CAGR
10 Years: 33%
5 Years: 68%
3 Years: 106%
1 Year: 406%
Return on Equity
10 Years: 7%
5 Years: 6%
3 Years: 8%
Last Year: 10%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 3.00 3.00 3.00 3.00 3.00 3.14 3.14 3.14 3.14 3.14 3.14 3.14 3.14
Reserves 10.32 10.40 10.54 11.66 12.96 14.65 16.40 17.41 18.22 19.92 22.14 25.89 27.57
0.90 0.29 0.08 0.30 0.19 0.07 0.00 0.00 0.00 0.00 0.05 0.04 0.02
4.27 2.04 2.61 2.77 3.40 4.07 6.22 4.49 4.26 4.92 4.37 4.51 4.89
Total Liabilities 18.49 15.73 16.23 17.73 19.55 21.93 25.76 25.04 25.62 27.98 29.70 33.58 35.62
5.19 4.76 3.42 3.82 3.38 5.04 5.12 4.21 3.99 4.54 5.92 5.33 5.32
CWIP 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.29 1.39 2.34 2.05 2.07 3.23 3.26 6.94 8.40 7.35 7.74 10.09 10.32
13.01 9.58 10.47 11.85 14.10 13.66 17.38 13.89 13.23 16.09 16.04 18.16 19.98
Total Assets 18.49 15.73 16.23 17.73 19.55 21.93 25.76 25.04 25.62 27.98 29.70 33.58 35.62

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.13 2.99 2.41 -0.41 0.14 1.25 -0.49 1.93 1.99 -1.48 4.07 0.91
-0.14 -1.15 0.97 -0.61 -0.05 -3.21 -0.44 -2.74 -1.15 0.70 -1.88 -1.07
0.24 -0.62 -0.21 0.22 -0.11 0.60 -0.07 -0.39 -0.01 0.00 0.01 -0.03
Net Cash Flow 0.23 1.22 3.17 -0.80 -0.02 -1.36 -1.00 -1.20 0.83 -0.78 2.20 -0.20

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 108.04 153.46 54.82 66.84 125.60 120.48 126.57 137.63 107.60 99.64 63.56 77.05
Inventory Days 35.36 90.92 34.83 101.04 92.66 150.52 119.10 83.03 212.39 120.20 124.58 71.76
Days Payable 92.64 163.11 48.09 95.72 93.60 162.34 137.91 95.65 124.63 84.29 50.84 41.03
Cash Conversion Cycle 50.76 81.26 41.56 72.16 124.66 108.65 107.76 125.02 195.35 135.55 137.30 107.78
Working Capital Days 68.34 110.97 27.31 59.98 103.44 101.34 105.28 124.90 124.92 103.13 91.22 79.29
ROCE % -0.98% 1.86% 9.45% 11.69% 12.47% 9.82% 12.14% 5.39% 2.77% 7.20% 10.33% 11.62%

Shareholding Pattern

Numbers in percentages

3 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
44.54% 44.54% 44.54% 44.54% 44.54% 44.54% 44.54% 44.54% 44.55% 44.55% 44.55% 44.55%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.28% 0.00% 0.00% 0.00%
55.46% 55.46% 55.46% 55.46% 55.47% 55.46% 55.46% 55.46% 55.17% 55.45% 55.44% 55.44%
No. of Shareholders 3,7673,7713,7833,7354,1944,0864,0223,8743,9994,5255,1905,696

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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