Deepak Builders & Engineers India Ltd
Incorporated in September 2017, Deepak Builders & Engineers India Limited is a construction company specializing in administrative, institutional, and industrial buildings, hospitals, stadiums, residential complexes, and other construction activities.[1]
- Market Cap ₹ 854 Cr.
- Current Price ₹ 183
- High / Low ₹ 200 / 139
- Stock P/E 14.1
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 43.0 %
- ROE 46.4 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 82.4% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.4%
- Debtor days have improved from 76.8 to 51.8 days.
Cons
- Contingent liabilities of Rs.310 Cr.
* 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.
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 239 | 310 | 351 | 363 | 433 | 509 | |
| 213 | 277 | 317 | 321 | 382 | 397 | |
| Operating Profit | 26 | 33 | 34 | 42 | 51 | 112 |
| OPM % | 11% | 11% | 10% | 12% | 12% | 22% |
| 1 | 1 | 1 | 2 | 2 | 5 | |
| Interest | 10 | 14 | 14 | 17 | 19 | 29 |
| Depreciation | 2 | 3 | 3 | 4 | 6 | 7 |
| Profit before tax | 14 | 18 | 18 | 24 | 29 | 82 |
| Tax % | 78% | 24% | 25% | 26% | 26% | 26% |
| 3 | 14 | 14 | 18 | 21 | 60 | |
| EPS in Rs | 0.84 | 3.82 | 3.76 | 4.92 | 5.96 | 16.84 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 13% |
| TTM: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 82% |
| 3 Years: | 65% |
| TTM: | 181% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 30% |
| 3 Years: | 32% |
| Last Year: | 46% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 36 | 36 | 36 | 36 | 36 | 36 | 36 |
| Reserves | 3 | 17 | 48 | 49 | 65 | 124 | 153 |
| 59 | 55 | 67 | 80 | 97 | 157 | 194 | |
| 102 | 115 | 104 | 158 | 252 | 242 | 307 | |
| Total Liabilities | 199 | 223 | 255 | 322 | 449 | 559 | 691 |
| 30 | 33 | 51 | 51 | 51 | 65 | 61 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 169 | 190 | 204 | 271 | 398 | 494 | 629 | |
| Total Assets | 199 | 223 | 255 | 322 | 449 | 559 | 691 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 17 | 24 | 1 | 13 | -27 | ||
| -4 | -77 | -5 | -13 | -11 | ||
| -15 | -18 | 0 | 3 | 35 | ||
| Net Cash Flow | -1 | -71 | -5 | 3 | -3 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 75 | 66 | 112 | 96 | 82 | 52 |
| Inventory Days | 196 | 138 | 40 | 101 | 215 | 289 |
| Days Payable | 124 | 109 | 105 | 121 | 148 | 157 |
| Cash Conversion Cycle | 147 | 94 | 47 | 77 | 149 | 184 |
| Working Capital Days | 184 | 151 | 131 | 90 | 132 | 159 |
| ROCE % | 31% | 25% | 26% | 26% | 43% |
Documents
Announcements
-
Resignation Of Internal Auditors
20 Nov - Resignation of Internal Auditor effective 26th Nov 2024.
-
Resignation Of Internal Auditors
19 Nov - Resignation of Internal Auditor effective 26th Nov 2024.
-
Publication Of Quarterly Results
18 Nov - Publication of un-audited financial results for Q2 2024.
-
Un-Audited Standalone Financial Results For The Quarter And Half Year Ended On 30Th September, 2024
16 Nov - Approved un-audited financial results for Q2 FY2024.
- Board Meeting Outcome for Outcome Of Board Meeting 16 Nov
Business Verticals[1]
A) Construction Projects: DBEIL specializes in executing turnkey construction projects for administrative and institutional buildings, hospitals and medical colleges, industrial buildings, historical memorial complexes, residential complexes, and stadium and sports complexes. These projects are largely awarded through competitive government tenders.
B) Infrastructure Projects: The company undertakes infrastructure projects like flyovers, railway over bridges (ROB), rail under bridges (RUB), approach roads, and railway station upgradation/redevelopment. These projects are also primarily government-led.[2]
C)Sale of Products: DBEIL also engages in the sale of leftover construction materials such as steel and cement after fulfilling its own construction needs.[3]