Bronze Infra-Tech Ltd
Incorporated in 2004, Bronaze Infratech Limited is in the business of selling Musical Instrument, Land Development, Construction and execution of infrastructure projects.
- Market Cap ₹ 2.97 Cr.
- Current Price ₹ 1.72
- High / Low ₹ 1.72 / 0.91
- Stock P/E 3.19
- Book Value ₹ 3.37
- Dividend Yield 0.00 %
- ROCE 14.8 %
- ROE 17.4 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.51 times its book value
Cons
- Promoter holding is low: 1.93%
- Company has a low return on equity of 7.46% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 243 days.
* 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.
Peer comparison
Sector: Construction Industry: Construction
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3.47 | 38.70 | 1.85 | 2.08 | 1.52 | 0.56 | 0.48 | 0.02 | 0.00 | 2.08 | 33.40 | 42.84 | |
3.77 | 38.43 | 1.82 | 2.08 | 1.64 | 0.78 | 0.66 | 0.12 | 0.28 | 2.06 | 33.17 | 41.12 | |
Operating Profit | -0.30 | 0.27 | 0.03 | 0.00 | -0.12 | -0.22 | -0.18 | -0.10 | -0.28 | 0.02 | 0.23 | 1.72 |
OPM % | -8.65% | 0.70% | 1.62% | 0.00% | -7.89% | -39.29% | -37.50% | -500.00% | 0.96% | 0.69% | 4.01% | |
0.35 | 0.01 | 0.02 | 0.02 | 0.19 | 0.07 | -1.56 | 0.04 | -4.93 | 0.00 | 0.00 | 0.00 | |
Interest | 0.00 | 0.01 | 0.01 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Depreciation | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.47 |
Profit before tax | 0.05 | 0.27 | 0.04 | 0.01 | 0.05 | -0.16 | -1.74 | -0.06 | -5.21 | 0.02 | 0.23 | 1.25 |
Tax % | 40.00% | 37.04% | 50.00% | 0.00% | 40.00% | 6.25% | 0.00% | 0.00% | 0.00% | 50.00% | 30.43% | 26.40% |
0.04 | 0.17 | 0.02 | 0.01 | 0.03 | -0.17 | -1.75 | -0.06 | -5.21 | 0.02 | 0.16 | 0.93 | |
EPS in Rs | 0.10 | 0.01 | 0.01 | 0.02 | -0.10 | -1.01 | -0.03 | -3.02 | 0.01 | 0.09 | 0.54 | |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 1% |
5 Years: | 146% |
3 Years: | % |
TTM: | 28% |
Compounded Profit Growth | |
---|---|
10 Years: | 19% |
5 Years: | 148% |
3 Years: | 75% |
TTM: | 481% |
Stock Price CAGR | |
---|---|
10 Years: | -26% |
5 Years: | 55% |
3 Years: | -3% |
1 Year: | 54% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | 2% |
3 Years: | 7% |
Last Year: | 17% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.26 | 17.28 | 17.28 | 17.28 | 17.28 | 17.28 | 17.28 | 17.28 | 17.28 | 17.28 | 17.28 | 17.28 |
Reserves | 4.77 | 8.26 | 8.29 | 8.29 | 8.33 | -5.55 | -7.29 | -7.35 | -12.57 | -12.55 | -12.39 | -11.46 |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.35 | 0.35 | 0.25 | 0.25 | 2.87 | 3.29 | |
0.32 | 8.26 | 2.56 | 0.92 | 0.92 | 0.91 | 0.78 | 0.75 | 0.59 | 3.01 | 39.62 | 45.07 | |
Total Liabilities | 5.35 | 33.80 | 28.13 | 26.49 | 26.53 | 12.64 | 11.12 | 11.03 | 5.55 | 7.99 | 47.38 | 54.18 |
0.00 | 0.01 | 0.01 | 0.03 | 0.03 | 0.02 | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 | 4.05 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 4.71 | 19.91 | 24.71 | 21.93 | 18.91 | 5.05 | 5.02 | 5.01 | 0.00 | 0.00 | 0.00 | 0.00 |
0.64 | 13.88 | 3.41 | 4.53 | 7.59 | 7.57 | 6.08 | 6.01 | 5.55 | 7.99 | 47.38 | 50.13 | |
Total Assets | 5.35 | 33.80 | 28.13 | 26.49 | 26.53 | 12.64 | 11.12 | 11.03 | 5.55 | 7.99 | 47.38 | 54.18 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.44 | 2.37 | -2.36 | -3.59 | -0.11 | 2.18 | 2.27 | -5.48 | -0.02 | 14.02 | 3.42 | ||
-0.41 | -4.78 | 2.74 | 3.17 | 0.22 | -2.27 | -2.52 | 5.57 | 0.00 | -15.78 | -4.05 | ||
0.00 | -0.01 | 0.00 | 0.00 | 0.00 | 0.10 | 0.10 | -0.09 | 0.00 | 2.62 | 0.42 | ||
Net Cash Flow | 0.03 | -2.42 | 0.38 | -0.42 | 0.11 | 0.01 | -0.15 | 0.00 | -0.02 | 0.86 | -0.21 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 56.80 | 77.24 | 102.59 | 157.93 | 252.14 | 677.86 | 882.08 | 15,147.50 | 668.58 | 282.27 | 243.42 | |
Inventory Days | 0.00 | 31.29 | 187.18 | 161.17 | 124.10 | 150.29 | 0.00 | 0.00 | 0.00 | 0.00 | ||
Days Payable | 0.00 | 0.00 | 0.00 | 29.20 | 161.03 | |||||||
Cash Conversion Cycle | 56.80 | 77.24 | 133.88 | 345.11 | 413.31 | 772.76 | 871.35 | 15,147.50 | 668.58 | 282.27 | 243.42 | |
Working Capital Days | 30.50 | 27.92 | 118.38 | 521.18 | 1,544.05 | 2,965.62 | 2,235.62 | 11,315.00 | 161.44 | -141.41 | -132.66 | |
ROCE % | 1.00% | 1.83% | 0.20% | 0.04% | 0.23% | 0.11% | 0.18% | -0.58% | -3.67% | 0.40% | 3.61% | 14.82% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
9 Oct 2023 - Resignation of Company Secretary effective 4th October 2023.
- Closure of Trading Window 30 Jun 2023
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
25 May 2023 - Annual Secretarial Compliance Report for FY 2022-23.
-
Board Meeting Intimation for Approval Of Financial Results For The Year Ended On 31St March, 2023
24 May 2023 - Board meeting on May 30 to review operations and results.
-
Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors
12 May 2023 - Resignation of statutory auditor PMPK & Co. effective 27.04.2023.
Business Overview:[1]
The company initially traded in textiles and then started construction business and IT Supply activities in FY13. Currently, company sub-contracts specific construction, development and execution work related to project to third party contractors and does Land Development, construction, execution of infrastructure projects. At present, company is executing 4 diversified projects, 2 of which are land development-based projects, 1 project for civil work and another project related to supply of IT Equipment. Apart from this, from FY15, company started Importing Musical Instruments in their own Brand-named BRONZE for selling throughout India.