Shashijit Infraprojects Ltd

Shashijit Infraprojects Ltd

₹ 3.03 1.00%
25 Nov - close price
About

Incorporated in 2007, Shashijit Infraprojects Ltd does construction of residential, industrial, commercial and Institutional buildings[1]

Key Points

Business Overview:[1][2]
Company is into Civil Project Management and it Constructs, Designs, Procurements, Builds and Develops Industrial, Commercial, Residential, Powerhouse buildings, Factories, Public Utility Building & Infrastructure Development Projects. Company is focusing on new ventures in Infrastructural development viz. Roads and rail infrastructure, bridges, dams and other government contracting related activities. Company also provides general contracting, pre-construction management and turnkey development

  • Market Cap 15.7 Cr.
  • Current Price 3.03
  • High / Low 8.40 / 2.90
  • Stock P/E
  • Book Value 2.09
  • Dividend Yield 0.00 %
  • ROCE 6.02 %
  • ROE 2.87 %
  • Face Value 2.00

Pros

Cons

  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -3.86%
  • Company has a low return on equity of 2.62% over last 3 years.

* 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
6.31 6.33 9.09 8.36 8.09 8.94 9.95 8.13 6.18 6.33 6.70 7.57 4.80
5.77 5.74 8.47 7.76 7.64 8.24 9.26 7.38 5.48 5.74 6.54 6.66 4.84
Operating Profit 0.54 0.59 0.62 0.60 0.45 0.70 0.69 0.75 0.70 0.59 0.16 0.91 -0.04
OPM % 8.56% 9.32% 6.82% 7.18% 5.56% 7.83% 6.93% 9.23% 11.33% 9.32% 2.39% 12.02% -0.83%
0.02 0.05 0.01 0.02 0.01 0.03 0.09 0.04 0.01 0.04 -0.93 0.16 0.01
Interest 0.18 0.21 0.22 0.29 0.25 0.31 0.25 0.27 0.27 0.29 0.30 0.22 0.19
Depreciation 0.35 0.34 0.37 0.17 0.20 0.22 0.23 0.25 0.25 0.26 0.21 0.19 0.20
Profit before tax 0.03 0.09 0.04 0.16 0.01 0.20 0.30 0.27 0.19 0.08 -1.28 0.66 -0.42
Tax % 200.00% 44.44% 0.00% 25.00% -300.00% 25.00% 60.00% 18.52% 42.11% 12.50% -19.53% 80.30% 23.81%
-0.03 0.05 0.04 0.12 0.05 0.16 0.13 0.23 0.11 0.08 -1.02 0.13 -0.52
EPS in Rs -0.01 0.01 0.01 0.02 0.01 0.03 0.03 0.04 0.02 0.02 -0.20 0.03 -0.10
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
46.84 47.37 28.95 24.15 25.28 45.73 26.29 28.68 16.82 28.47 35.30 27.35 25.40
44.44 44.64 27.45 21.89 23.28 43.17 24.80 28.15 15.78 26.42 32.85 25.06 23.78
Operating Profit 2.40 2.73 1.50 2.26 2.00 2.56 1.49 0.53 1.04 2.05 2.45 2.29 1.62
OPM % 5.12% 5.76% 5.18% 9.36% 7.91% 5.60% 5.67% 1.85% 6.18% 7.20% 6.94% 8.37% 6.38%
0.28 0.32 0.42 0.00 0.32 0.23 0.12 0.06 0.26 0.10 0.16 -0.84 -0.72
Interest 0.17 0.24 0.36 0.36 0.37 0.39 0.45 0.56 0.61 0.74 1.11 1.21 1.00
Depreciation 0.25 0.29 0.54 0.60 0.51 0.83 0.86 0.84 0.87 1.26 0.82 0.96 0.86
Profit before tax 2.26 2.52 1.02 1.30 1.44 1.57 0.30 -0.81 -0.18 0.15 0.68 -0.72 -0.96
Tax % 30.09% 31.35% 32.35% 35.38% 36.11% 29.30% 40.00% -25.93% -16.67% 20.00% 33.82% -15.28%
1.58 1.73 0.69 0.85 0.91 1.11 0.19 -0.61 -0.15 0.13 0.45 -0.61 -1.33
EPS in Rs 39.50 43.25 17.25 21.25 0.18 0.21 0.04 -0.12 -0.03 0.03 0.09 -0.12 -0.25
Dividend Payout % 0.95% 0.94% 2.36% 0.00% 11.84% 15.53% 27.21% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -5%
5 Years: 1%
3 Years: 18%
TTM: -23%
Compounded Profit Growth
10 Years: -15%
5 Years: 13%
3 Years: 50%
TTM: -162%
Stock Price CAGR
10 Years: %
5 Years: -13%
3 Years: -20%
1 Year: -53%
Return on Equity
10 Years: 4%
5 Years: 0%
3 Years: 3%
Last Year: 3%

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 0.05 0.05 0.05 0.05 8.62 8.62 10.34 10.34 10.34 10.34 10.34 10.34 10.34
Reserves 3.67 5.38 6.04 7.01 2.36 3.34 1.60 0.93 0.81 0.99 1.46 0.86 0.48
0.74 2.30 3.70 2.91 4.43 4.34 4.90 5.98 7.85 11.38 12.85 11.68 11.15
7.39 7.59 5.13 5.01 6.47 10.37 8.82 11.54 9.66 11.17 13.41 12.98 12.35
Total Liabilities 11.85 15.32 14.92 14.98 21.88 26.67 25.66 28.79 28.66 33.88 38.06 35.86 34.32
1.65 1.95 2.70 2.30 2.88 3.46 3.57 4.72 4.60 6.70 10.38 7.55 7.74
CWIP 0.00 0.61 0.00 0.00 0.00 0.00 0.00 1.05 1.41 0.17 0.00 0.00 0.00
Investments 0.30 0.45 0.40 0.30 2.02 0.02 0.01 0.01 0.01 0.01 0.01 0.01 0.01
9.90 12.31 11.82 12.38 16.98 23.19 22.08 23.01 22.64 27.00 27.67 28.30 26.57
Total Assets 11.85 15.32 14.92 14.98 21.88 26.67 25.66 28.79 28.66 33.88 38.06 35.86 34.32

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
2.24 -0.21 2.26 1.52 -1.85 -1.08 0.60 2.43 0.96 0.49 3.04 1.38
-0.80 -0.93 -1.03 -0.58 -2.82 1.52 -0.51 -2.63 -2.44 -1.97 -3.73 0.33
-0.59 0.29 -1.06 -0.81 4.49 -0.61 -0.06 0.60 0.93 1.73 0.55 -1.84
Net Cash Flow 0.86 -0.84 0.17 0.13 -0.18 -0.16 0.03 0.40 -0.56 0.25 -0.13 -0.13

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 30.94 57.56 82.58 75.27 134.28 87.32 137.86 96.09 141.49 100.51 82.51 109.97
Inventory Days 13.70 5.61 21.36 42.79 110.08 69.08 145.21 198.55 288.03 297.55 261.10 408.63
Days Payable 69.55 86.36 124.74 120.83 162.90 126.50 193.03 243.25 335.83 237.87 260.65 319.42
Cash Conversion Cycle -24.91 -23.20 -20.80 -2.77 81.45 29.90 90.04 51.38 93.68 160.19 82.96 199.18
Working Capital Days 2.88 17.65 51.06 76.17 139.19 80.30 146.19 106.90 245.43 178.33 131.73 183.63
ROCE % 60.75% 45.28% 15.75% 17.31% 14.18% 12.36% 4.41% -1.47% 1.88% 4.22% 7.56% 6.02%

Shareholding Pattern

Numbers in percentages

12 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
72.25% 72.25% 72.26% 72.29% 62.92% 60.51% 53.04% 51.16% 51.16% 51.16% 51.16% 47.30%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.91% 0.00%
27.75% 27.75% 27.74% 27.72% 37.08% 39.49% 46.96% 48.83% 48.84% 48.83% 47.92% 52.70%
No. of Shareholders 2102293213734645305501,1552,1123,8683,3765,999

* 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.

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