Advait Infratech Ltd
Advait Infratech Ltd is engaged in the business of providing products and solutions for power transmission, power substation, and telecommunication infrastructure fields. Also it operates with various verticals such as Turnkey Telecommunication Projects, Installation of the Power Transmission, Sub Station and Telecom Products, etc [1]
- Market Cap ₹ 1,818 Cr.
- Current Price ₹ 1,684
- High / Low ₹ 2,260 / 560
- Stock P/E 69.1
- Book Value ₹ 163
- Dividend Yield 0.09 %
- ROCE 39.6 %
- ROE 33.6 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 47.6% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.9%
- Debtor days have improved from 99.2 to 70.2 days.
- Company's median sales growth is 43.2% of last 10 years
Cons
- Stock is trading at 10.3 times its book value
- Promoter holding has decreased over last quarter: -4.03%
- Working capital days have increased from 49.7 days to 72.9 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: Infrastructure Developers & Operators Industry: Construction
Part of BSE Allcap BSE Industrials BSE SmallCap
Quarterly 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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
6 | 39 | 11 | 11 | 29 | 43 | 28 | 40 | 58 | 72 | 103 | 207 | 238 | |
5 | 44 | 14 | 10 | 23 | 36 | 24 | 35 | 52 | 62 | 86 | 173 | 197 | |
Operating Profit | 1 | -5 | -3 | 1 | 6 | 7 | 4 | 5 | 6 | 10 | 17 | 35 | 41 |
OPM % | 12% | -13% | -31% | 12% | 21% | 16% | 15% | 13% | 11% | 13% | 17% | 17% | 17% |
0 | 9 | 5 | 1 | 1 | 2 | 0 | 2 | 1 | 1 | 2 | 2 | 3 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 7 | 7 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 2 | 2 |
Profit before tax | 1 | 4 | 2 | 2 | 7 | 9 | 4 | 6 | 7 | 10 | 14 | 29 | 35 |
Tax % | 28% | 32% | 32% | 32% | 33% | 26% | 27% | 27% | 27% | 26% | 26% | 26% | |
1 | 3 | 1 | 1 | 4 | 6 | 3 | 4 | 5 | 7 | 10 | 21 | 26 | |
EPS in Rs | 3.80 | 5.85 | 4.73 | 6.99 | 9.80 | 20.91 | 25.48 | ||||||
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 13% | 11% | 7% | 0% | 7% |
Compounded Sales Growth | |
---|---|
10 Years: | 18% |
5 Years: | 49% |
3 Years: | 53% |
TTM: | 69% |
Compounded Profit Growth | |
---|---|
10 Years: | 24% |
5 Years: | 48% |
3 Years: | 64% |
TTM: | 95% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 250% |
1 Year: | 163% |
Return on Equity | |
---|---|
10 Years: | 26% |
5 Years: | 24% |
3 Years: | 26% |
Last Year: | 34% |
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 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 4 | 4 | 5 | 5 | 10 | 10 | 11 |
Reserves | 1 | 4 | 5 | 6 | 10 | 17 | 16 | 20 | 30 | 36 | 42 | 64 | 165 |
0 | 0 | 2 | 0 | 1 | 1 | 1 | 2 | 0 | 6 | 13 | 38 | 43 | |
1 | 7 | 6 | 8 | 12 | 16 | 16 | 14 | 16 | 23 | 41 | 53 | 57 | |
Total Liabilities | 2 | 11 | 12 | 14 | 23 | 33 | 37 | 41 | 51 | 71 | 106 | 165 | 275 |
0 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 3 | 21 | 27 | 29 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 1 | 1 | 5 |
Investments | 0 | 1 | 1 | 4 | 9 | 15 | 11 | 11 | 11 | 11 | 11 | 12 | 34 |
1 | 10 | 10 | 9 | 12 | 16 | 23 | 28 | 38 | 44 | 73 | 125 | 208 | |
Total Assets | 2 | 11 | 12 | 14 | 23 | 33 | 37 | 41 | 51 | 71 | 106 | 165 | 275 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | -1 | 7 | 12 | -9 | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -14 | -7 | -7 | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 5 | 4 | 3 | 18 | |
Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 4 | -3 | 8 | 3 |
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 | 30 | 44 | 160 | 73 | 104 | 98 | 133 | 93 | 115 | 129 | 99 | 70 |
Inventory Days | 0 | 0 | 97 | 12 | 7 | 14 | 30 | 30 | 44 | 76 | 61 | |
Days Payable | 285 | 169 | 153 | 139 | 195 | 134 | 148 | 220 | 132 | |||
Cash Conversion Cycle | 30 | 44 | 160 | -115 | -54 | -48 | 8 | -72 | 10 | 25 | -46 | -1 |
Working Capital Days | 13 | 33 | 204 | 88 | 43 | 24 | 61 | 38 | 63 | 55 | 21 | 73 |
ROCE % | 70% | 152% | 37% | 28% | 79% | 63% | 23% | 27% | 23% | 25% | 28% | 40% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Credit Rating
7 Dec - CRISIL upgraded credit rating to BBB+ with stable outlook.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
5 Dec - Order for Supply and Installation of 24 F OPGW.
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Announcement under Regulation 30 (LODR)-Investor Presentation
4 Dec - Investor presentation disclosure under SEBI regulations.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2 Dec - Update on investor conference participation details.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
2 Dec - Advait Energy declared qualified bidder for 50 MW battery project.
Business Divisions[1]
A) Power Transmission Solutions:
- Manufacturing and EPC of products like ACS Wires, OPGW (Optical Ground Wires), ERS (Emergency Restoration Systems), OFC (Optical Fibre Cables), and stringing tools.
- Advanced solutions like HTLS conductors for high-efficiency power transmission.