Bhanderi Infracon Ltd
Bhanderi Infracon .is engaged in the business of real estate/ real estate development and incidental services.
- Market Cap ₹ 23.8 Cr.
- Current Price ₹ 91.8
- High / Low ₹ 134 / 91.8
- Stock P/E 58.2
- Book Value ₹ 95.1
- Dividend Yield 0.00 %
- ROCE 2.25 %
- ROE 1.69 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.97 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -39.6% over past five years.
- Company has a low return on equity of 1.70% over last 3 years.
- Company has high debtors of 4,474 days.
- Working capital days have increased from 6,777 days to 12,127 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: Realty Industry: Construction
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.62 | 1.27 | 0.55 | 2.53 | 16.88 | 15.34 | 7.68 | 5.44 | 2.25 | 5.66 | 1.11 | 0.62 | |
0.52 | 1.18 | 0.48 | 2.45 | 16.11 | 14.38 | 7.15 | 5.25 | 2.16 | 5.42 | 2.05 | 0.58 | |
Operating Profit | 0.10 | 0.09 | 0.07 | 0.08 | 0.77 | 0.96 | 0.53 | 0.19 | 0.09 | 0.24 | -0.94 | 0.04 |
OPM % | 16.13% | 7.09% | 12.73% | 3.16% | 4.56% | 6.26% | 6.90% | 3.49% | 4.00% | 4.24% | -84.68% | 6.45% |
0.09 | 0.29 | 0.00 | 0.00 | 0.00 | 0.12 | 0.04 | 0.10 | 0.19 | 0.10 | 1.68 | 0.61 | |
Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.04 | 0.06 | 0.08 |
Profit before tax | 0.18 | 0.37 | 0.06 | 0.07 | 0.76 | 1.07 | 0.56 | 0.28 | 0.27 | 0.30 | 0.68 | 0.57 |
Tax % | 22.22% | 13.51% | 33.33% | 14.29% | 28.95% | 24.30% | 21.43% | 35.71% | 25.93% | 20.00% | 16.18% | 28.07% |
0.14 | 0.32 | 0.05 | 0.05 | 0.53 | 0.81 | 0.44 | 0.18 | 0.20 | 0.24 | 0.57 | 0.41 | |
EPS in Rs | 1.28 | 2.16 | 0.25 | 0.25 | 2.61 | 3.12 | 1.69 | 0.69 | 0.77 | 0.92 | 2.20 | 1.58 |
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: | -7% |
5 Years: | -40% |
3 Years: | -35% |
TTM: | -44% |
Compounded Profit Growth | |
---|---|
10 Years: | 3% |
5 Years: | -1% |
3 Years: | 27% |
TTM: | -28% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 1% |
3 Years: | 2% |
Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1.09 | 1.48 | 2.03 | 2.03 | 2.03 | 2.60 | 2.60 | 2.60 | 2.60 | 2.60 | 2.60 | 2.60 |
Reserves | 0.11 | 4.95 | 10.74 | 10.79 | 11.33 | 20.08 | 20.51 | 20.69 | 20.89 | 21.12 | 21.68 | 22.10 |
1.04 | 9.99 | 8.32 | 8.48 | 8.84 | 10.09 | 1.42 | 1.37 | 1.33 | 2.43 | 1.06 | 2.34 | |
7.61 | 7.49 | 0.18 | 0.96 | 6.05 | 7.56 | 7.06 | 6.90 | 6.12 | 6.52 | 3.51 | 3.69 | |
Total Liabilities | 9.85 | 23.91 | 21.27 | 22.26 | 28.25 | 40.33 | 31.59 | 31.56 | 30.94 | 32.67 | 28.85 | 30.73 |
0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 | 0.01 | 0.01 | 0.30 | 0.26 | 0.29 | |
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 | 0.55 | 3.38 | 1.23 | 1.23 | 3.33 | 13.24 | 3.40 | 3.39 | 3.39 | 3.46 | 3.89 | 5.91 |
9.28 | 20.51 | 20.02 | 21.01 | 24.91 | 27.07 | 28.17 | 28.16 | 27.54 | 28.91 | 24.70 | 24.53 | |
Total Assets | 9.85 | 23.91 | 21.27 | 22.26 | 28.25 | 40.33 | 31.59 | 31.56 | 30.94 | 32.67 | 28.85 | 30.73 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.02 | -2.41 | -8.93 | 0.15 | 0.28 | 3.18 | 0.04 | -0.27 | -0.21 | -0.28 | -0.75 | 0.37 | |
-0.48 | -2.56 | 2.15 | -0.02 | -2.10 | -9.82 | 9.88 | -0.05 | 0.00 | -0.33 | -0.03 | -1.71 | |
0.79 | 4.87 | 6.60 | 0.00 | 2.28 | 6.24 | -9.13 | 0.31 | 0.27 | -0.25 | 1.18 | 1.18 | |
Net Cash Flow | 0.29 | -0.10 | -0.18 | 0.13 | 0.46 | -0.40 | 0.79 | -0.01 | 0.06 | -0.86 | 0.40 | -0.16 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 359.11 | 0.00 | 0.00 | 103.87 | 68.33 | 115.16 | 236.68 | 376.41 | 859.78 | 560.40 | 2,499.10 | |
Inventory Days | 24,996.21 | 2,482.29 | 6,125.16 | |||||||||
Days Payable | 75.52 | 580.22 | 357.40 | |||||||||
Cash Conversion Cycle | 359.11 | 0.00 | 24,920.69 | 103.87 | 68.33 | 115.16 | 236.68 | 376.41 | 859.78 | 2,462.47 | 8,266.86 | |
Working Capital Days | 1,177.42 | 3,716.10 | 13,106.82 | 2,850.75 | 448.47 | 458.75 | 955.75 | 1,360.03 | 3,302.84 | 1,430.34 | 6,773.87 | |
ROCE % | 3.97% | 0.32% | 0.33% | 3.49% | 3.89% | 1.95% | 1.14% | 1.09% | 1.18% | 2.64% |
Documents
Announcements
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 18 Jul
- Compliance-57 (5) : intimation after the end of quarter 11 Jul
- Non-Applicability Of Regulation 23(9) Of SEBI (LODR) 2015 - Related Party Transaction 30 May
- Result For Half Year And Year Ended 31St March 2024 - 30 May
- Board Meeting Outcome for Board Meeting Outcome - Audited Result For The Half Year And Year Ended 31St March 2024 30 May
About[1]
Bhanderi Infracon Limited, a Real Estate Development Company, was incorporated in 2004. It was promoted by Mr. Dhirubhai Patel and Mr. Sunil Patel who are established real estate developers. Company is engaged in the business of development of infrastructure and commercial projects. Company has taken work contracts of Residential and Commercial Scheme called “Siddheshwar Hill Square”, “Siddheshwar Happiness” and “Dharnidhar Homes”.[2]