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 ₹ 1,688 Cr.
- Current Price ₹ 1,563
- High / Low ₹ 2,260 / 990
- Stock P/E 69.4
- Book Value ₹ 165
- Dividend Yield 0.10 %
- ROCE 37.2 %
- ROE 36.6 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 57.4% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.7%
- Debtor days have improved from 105 to 75.3 days.
Cons
- Stock is trading at 9.49 times its book value
- Promoter holding has decreased over last quarter: -4.03%
- Working capital days have increased from 28.4 days to 66.3 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 Industrials BSE Allcap BSE SmallCap
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|
| 28 | 45 | 66 | 79 | 104 | 209 | 238 | |
| 24 | 40 | 61 | 68 | 88 | 173 | 198 | |
| Operating Profit | 4 | 4 | 5 | 10 | 17 | 36 | 40 |
| OPM % | 14% | 10% | 7% | 13% | 16% | 17% | 17% |
| 0 | 2 | 2 | 1 | 2 | 3 | 4 | |
| Interest | 0 | 1 | 1 | 1 | 3 | 7 | 8 |
| Depreciation | 0 | 2 | 2 | 2 | 4 | 3 | 3 |
| Profit before tax | 4 | 3 | 4 | 9 | 12 | 29 | 33 |
| Tax % | 42% | 79% | -30% | 40% | 29% | 26% | |
| 2 | 1 | 5 | 5 | 8 | 22 | 24 | |
| EPS in Rs | 2.80 | 0.72 | 4.68 | 5.22 | 8.27 | 21.45 | 24.00 |
| Dividend Payout % | 0% | 104% | 11% | 10% | 0% | 7% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 49% |
| 3 Years: | 47% |
| TTM: | 67% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 57% |
| 3 Years: | 70% |
| TTM: | 84% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 193% |
| 1 Year: | 47% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 27% |
| Last Year: | 37% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 5 | 5 | 10 | 10 | 11 |
| Reserves | 15 | 16 | 25 | 30 | 36 | 63 | 167 |
| 6 | 10 | 8 | 9 | 15 | 59 | 45 | |
| 20 | 22 | 28 | 37 | 55 | 67 | 76 | |
| Total Liabilities | 44 | 52 | 65 | 81 | 116 | 199 | 300 |
| 19 | 18 | 15 | 15 | 35 | 42 | 43 | |
| CWIP | 0 | 0 | 0 | 13 | 1 | 1 | 5 |
| Investments | 0 | 0 | 0 | 0 | 0 | 1 | 40 |
| 25 | 34 | 50 | 53 | 80 | 155 | 212 | |
| Total Assets | 44 | 52 | 65 | 81 | 116 | 199 | 300 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 3 | 1 | -0 | 12 | 13 | -10 | |
| -12 | -0 | 1 | -14 | -7 | -8 | |
| 9 | 1 | 5 | -2 | 3 | 44 | |
| Net Cash Flow | -0 | 2 | 6 | -4 | 8 | 25 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 185 | 99 | 113 | 135 | 105 | 75 |
| Inventory Days | 29 | 68 | 47 | 50 | 91 | 68 |
| Days Payable | 316 | 253 | 180 | 211 | 298 | 166 |
| Cash Conversion Cycle | -102 | -86 | -20 | -25 | -102 | -22 |
| Working Capital Days | 40 | 19 | 42 | 21 | -2 | 66 |
| ROCE % | 13% | 13% | 24% | 28% | 37% |
Documents
Announcements
-
Receipt Of Letter Of Award From Solar Energy Corporation Of India Limited For Product Linked Incentive For Setting Up Manufacturing Capacities Of 200 MW Of Alkaline Electrolysers In India Under Strategic Interventions For Green Hydrogen Transition (SIGHT) Scheme (Tranche - II).
1d - Receipt of LOA for 200 MW Alkaline Electrolysers.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
2d - Order for 40,000 solar pumps under PM KUSUM scheme.
-
Receipt Of Letter Of Intent From Gujarat Urja Vikas Nigam Limited (GUVNL)
8 Jan - Received Letter of Intent for 50 MW Battery Storage Project.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
8 Jan - Order for supply and installation of HTLS conductor.
-
Closure of Trading Window
31 Dec - Closure of trading window for designated persons.
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.