Coromandel Engineering Company Ltd

Coromandel Engg. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Coromandel Engineering Company Ltd

₹ 56.1 -4.99%
09 Dec - close price
coromandelengg.com BSE: 533167
About

Incorporated in 1947, Coromandel Engineering Company Ltd is in the business of Construction and Property Development[1]

Key Points

Business Overview:[1][2]
CECL is a part of Murugappa Group. It is in the business of Construction & Property Development and was the first to introduce pre-engineered metal building system in India. Company has expertise in building plants for Cement, Power, Sugar & automobile sectors and has built landmark buildings like LIC Building in Anna Salai, Hotel Chola Sheraton and Premium Apartments across Chennai, Hotel Holiday Inn and Windsor Manor in Bangalore

Website BSE
  • Market Cap ₹ 187 Cr.
  • Current Price ₹ 56.1
  • High / Low ₹ 70.0 / 33.8
  • Stock P/E
  • Book Value ₹ 0.13
  • Dividend Yield 0.00 %
  • ROCE -3.09 %
  • ROE %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company's working capital requirements have reduced from 25.0 days to 14.6 days

Cons

  • Stock is trading at 444 times its book value
  • Company has low interest coverage ratio.

* 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
31.17 34.15 41.10 36.34 36.05 28.02 26.09 22.94 28.05 21.59 24.06 7.60 9.94
32.11 33.80 40.16 35.96 35.55 27.79 26.65 23.47 28.10 21.25 23.06 9.87 10.00
Operating Profit -0.94 0.35 0.94 0.38 0.50 0.23 -0.56 -0.53 -0.05 0.34 1.00 -2.27 -0.06
OPM % -3.02% 1.02% 2.29% 1.05% 1.39% 0.82% -2.15% -2.31% -0.18% 1.57% 4.16% -29.87% -0.60%
0.00 0.00 1.99 0.00 0.00 0.01 2.02 0.21 0.00 0.03 0.01 0.01 0.00
Interest 1.21 1.17 1.02 1.10 1.00 1.08 1.03 0.89 0.61 0.69 0.82 0.85 0.87
Depreciation 0.68 0.67 0.72 0.54 0.55 0.58 0.57 0.39 0.40 0.42 0.40 0.25 0.25
Profit before tax -2.83 -1.49 1.19 -1.26 -1.05 -1.42 -0.14 -1.60 -1.06 -0.74 -0.21 -3.36 -1.18
Tax % 1.41% 2.68% 185.71% 7.94% 9.52% 7.04% 242.86% 0.00% 47.17% 44.59% -23.81% -5.95% -109.32%
-2.87 -1.53 -1.02 -1.37 -1.15 -1.52 -0.48 -1.60 -1.57 -1.07 -0.16 -3.16 0.11
EPS in Rs -0.86 -0.46 -0.31 -0.41 -0.35 -0.46 -0.14 -0.48 -0.47 -0.32 -0.05 -0.95 0.03
Raw PDF

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
216.40 199.25 230.39 122.21 31.34 32.50 45.72 57.67 108.51 133.00 126.51 96.64 63.19
210.53 195.76 205.10 110.46 32.36 36.98 48.04 59.00 109.63 133.20 125.95 95.88 64.18
Operating Profit 5.87 3.49 25.29 11.75 -1.02 -4.48 -2.32 -1.33 -1.12 -0.20 0.56 0.76 -0.99
OPM % 2.71% 1.75% 10.98% 9.61% -3.25% -13.78% -5.07% -2.31% -1.03% -0.15% 0.44% 0.79% -1.57%
0.88 1.07 0.18 1.77 0.71 0.84 0.78 5.38 3.14 2.02 2.03 0.25 0.05
Interest 11.28 14.76 20.04 8.47 3.65 3.59 6.36 6.64 6.49 4.72 4.22 3.02 3.23
Depreciation 2.15 2.23 4.89 4.36 3.90 3.68 3.56 3.35 2.94 2.74 2.23 1.61 1.32
Profit before tax -6.68 -12.43 0.54 0.69 -7.86 -10.91 -11.46 -5.94 -7.41 -5.64 -3.86 -3.62 -5.49
Tax % -18.56% -28.56% -109.26% 42.03% -2.29% 15.22% 3.14% -21.55% 7.69% 41.13% 17.10% 21.55%
-5.44 -8.88 1.12 0.40 -7.68 -12.57 -11.82 -4.66 -7.98 -7.97 -4.51 -4.40 -4.28
EPS in Rs -1.63 -2.67 0.34 0.12 -2.31 -3.78 -3.56 -1.40 -2.40 -2.40 -1.36 -1.32 -1.29
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: 16%
3 Years: -4%
TTM: -40%
Compounded Profit Growth
10 Years: 4%
5 Years: 10%
3 Years: 16%
TTM: 39%
Stock Price CAGR
10 Years: 3%
5 Years: 24%
3 Years: 13%
1 Year: 46%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

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 3.29 33.23 33.23 33.23 33.23 33.23 33.23 33.23 33.23 33.23 33.23 33.23 33.23
Reserves -11.04 3.13 3.84 4.24 -4.02 -16.55 -28.45 -33.16 -41.09 -49.20 -53.72 -29.76 -32.81
110.06 107.29 77.74 32.03 36.22 59.05 60.60 66.71 59.29 42.68 52.78 16.68 22.53
149.18 163.99 91.42 39.19 24.36 25.00 26.29 29.52 36.57 44.76 41.67 56.24 57.17
Total Liabilities 251.49 307.64 206.23 108.69 89.79 100.73 91.67 96.30 88.00 71.47 73.96 76.39 80.12
30.20 35.39 29.31 24.56 20.66 16.88 13.43 10.14 7.26 4.92 3.36 2.05 1.65
CWIP 0.17 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.11 0.00 0.00
Investments 0.05 0.05 0.05 0.05 0.18 0.19 0.15 0.15 0.15 0.00 0.00 0.00 0.00
221.07 272.20 176.87 84.08 68.95 83.66 78.09 86.01 80.59 66.55 70.49 74.34 78.47
Total Assets 251.49 307.64 206.23 108.69 89.79 100.73 91.67 96.30 88.00 71.47 73.96 76.39 80.12

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
3.58 -25.31 60.20 19.30 -1.08 -19.90 3.79 -1.53 10.82 19.71 -7.14 10.72
-8.24 -6.85 0.07 0.29 0.07 0.19 0.51 2.07 3.06 1.60 1.26 0.05
4.91 32.51 -60.92 -19.73 1.02 19.70 -4.29 -0.51 -13.90 -21.33 5.89 -10.76
Net Cash Flow 0.25 0.35 -0.64 -0.13 0.01 0.00 0.01 0.03 -0.02 -0.02 0.01 0.01

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 79.61 97.66 76.17 73.59 235.14 105.12 67.94 100.63 68.96 59.14 56.43 67.64
Inventory Days 181.77 246.86 243.08 64.88 478.72 1,184.35 627.57 507.06 175.08 104.00 99.13 113.96
Days Payable 150.15 171.87 103.45 101.02 556.10 228.80 186.05 121.46 122.36 134.49 131.45 306.52
Cash Conversion Cycle 111.24 172.65 215.80 37.45 157.77 1,060.67 509.46 486.24 121.67 28.65 24.12 -124.92
Working Capital Days 45.32 94.05 42.59 71.29 303.86 436.09 262.97 250.76 85.91 18.25 42.24 14.65
ROCE % 4.73% 1.91% 16.44% 9.92% -6.27% -10.31% -7.23% -2.13% -6.72% -7.42% -5.49% -3.09%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
74.52% 74.52% 74.52% 74.52% 74.52% 74.52% 74.52% 74.52% 74.52% 74.57% 74.57% 74.57%
25.48% 25.48% 25.48% 25.49% 25.49% 25.49% 25.49% 25.48% 25.49% 25.43% 25.44% 25.44%
No. of Shareholders 3,7163,6143,6043,5393,5353,5253,5173,6263,5863,4133,3373,241

Documents

Announcements

Annual reports

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