MBL Infrastructure Ltd
Incorporated in 1995, MBL Infrastructure Ltd provides integrated engineering, procurement and construction services for civil construction and other infrastructure projects[1]
- Market Cap ₹ 756 Cr.
- Current Price ₹ 63.1
- High / Low ₹ 85.1 / 36.2
- Stock P/E 96.0
- Book Value ₹ 109
- Dividend Yield 0.00 %
- ROCE 6.97 %
- ROE 0.53 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.58 times its book value
- Company is expected to give good quarter
- Promoter holding has increased by 2.60% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -17.1% over past five years.
- Tax rate seems low
- Company has a low return on equity of 2.07% over last 3 years.
- Contingent liabilities of Rs.319 Cr.
- Earnings include an other income of Rs.176 Cr.
- Company has high debtors of 790 days.
- Company's cost of borrowing seems high
* 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
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,343 | 1,754 | 1,948 | 2,314 | 2,271 | 487 | 147 | 166 | 146 | 74 | 81 | 57 | 80 | |
1,209 | 1,573 | 1,717 | 2,078 | 2,258 | 453 | 205 | 213 | 76 | 63 | 54 | 38 | 199 | |
Operating Profit | 134 | 180 | 231 | 236 | 13 | 34 | -59 | -47 | 70 | 11 | 28 | 20 | -119 |
OPM % | 10% | 10% | 12% | 10% | 1% | 7% | -40% | -28% | 48% | 15% | 34% | 34% | -149% |
1 | 4 | 3 | 16 | 35 | 461 | -202 | 370 | 114 | 87 | 131 | 127 | 176 | |
Interest | 53 | 74 | 102 | 127 | 157 | 248 | 7 | 8 | 127 | 80 | 147 | 135 | 5 |
Depreciation | 7 | 10 | 15 | 17 | 18 | 15 | 14 | 14 | 53 | 11 | 6 | 5 | 5 |
Profit before tax | 74 | 101 | 117 | 107 | -126 | 232 | -282 | 301 | 5 | 7 | 6 | 7 | 48 |
Tax % | 25% | 25% | 31% | 21% | -48% | -3% | -15% | -18% | -1,778% | -801% | -5% | 0% | |
55 | 75 | 80 | 85 | -65 | 239 | -241 | 354 | 93 | 64 | 6 | 7 | 48 | |
EPS in Rs | 15.81 | 21.47 | 19.32 | 20.42 | -15.71 | 57.66 | -23.03 | 33.82 | 8.91 | 6.07 | 0.55 | 0.63 | 4.09 |
Dividend Payout % | 9% | 7% | 8% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -29% |
5 Years: | -17% |
3 Years: | -27% |
TTM: | 15% |
Compounded Profit Growth | |
---|---|
10 Years: | -22% |
5 Years: | -31% |
3 Years: | -59% |
TTM: | 31% |
Stock Price CAGR | |
---|---|
10 Years: | -11% |
5 Years: | 74% |
3 Years: | 28% |
1 Year: | 39% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 4% |
3 Years: | 2% |
Last Year: | 1% |
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 | 18 | 18 | 21 | 41 | 41 | 41 | 105 | 105 | 105 | 105 | 105 | 105 | 120 |
Reserves | 374 | 443 | 626 | 689 | 617 | 857 | 615 | 970 | 1,063 | 1,127 | 1,133 | 1,139 | 1,184 |
470 | 504 | 712 | 907 | 1,353 | 815 | 965 | 805 | 791 | 785 | 785 | 791 | 710 | |
398 | 471 | 534 | 476 | 228 | 601 | 706 | 581 | 517 | 489 | 495 | 479 | 462 | |
Total Liabilities | 1,259 | 1,435 | 1,893 | 2,113 | 2,239 | 2,314 | 2,392 | 2,460 | 2,477 | 2,506 | 2,517 | 2,515 | 2,476 |
137 | 166 | 174 | 188 | 159 | 145 | 130 | 116 | 64 | 53 | 46 | 42 | 40 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 98 | 166 | 200 | 242 | 218 | 218 | 303 | 303 | 303 | 303 | 303 | 303 | 313 |
1,025 | 1,103 | 1,518 | 1,684 | 1,862 | 1,951 | 1,958 | 2,041 | 2,110 | 2,150 | 2,168 | 2,170 | 2,123 | |
Total Assets | 1,259 | 1,435 | 1,893 | 2,113 | 2,239 | 2,314 | 2,392 | 2,460 | 2,477 | 2,506 | 2,517 | 2,515 | 2,476 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5 | 163 | -152 | -16 | -312 | 12 | 155 | -123 | 4 | 2 | -5 | 4 | |
-59 | -107 | -90 | -66 | 32 | 7 | -85 | -1 | -0 | -0 | -0 | -1 | |
55 | -58 | 243 | 45 | 299 | -3 | -73 | 127 | 0 | 0 | 0 | 0 | |
Net Cash Flow | 1 | -3 | 1 | -37 | 19 | 16 | -4 | 2 | 4 | 1 | -5 | 4 |
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 | 82 | 86 | 93 | 113 | 37 | 69 | 266 | 192 | 144 | 312 | 643 | 790 |
Inventory Days | 188 | 148 | 195 | 152 | 5 | 62 | 51 | 94 | ||||
Days Payable | 36 | 47 | 55 | 63 | 22 | 414 | 512 | 871 | ||||
Cash Conversion Cycle | 234 | 186 | 234 | 202 | 20 | -283 | -195 | -585 | 144 | 312 | 643 | 790 |
Working Capital Days | 159 | 156 | 198 | 179 | 40 | 114 | 267 | 268 | 521 | 1,448 | 1,275 | 1,418 |
ROCE % | 16% | 19% | 19% | 16% | 2% | 4% | 0% | 1% | 7% | 4% | 8% | 7% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
16 Dec - Arbitration award of Rs 68.75 crores received.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
16 Dec - Arbitration award of Rs 68.75 crores received.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 13.12.2024
13 Dec - Approval of preferential issue and share capital increase.
-
Initimation Under Regulation 31A
10 Dec - Request for reclassification of shareholding to public category.
- Announcement under Regulation 30 (LODR)-Investor Presentation 18 Nov
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Concalls
-
Nov 2024TranscriptNotesPPT
-
Sep 2024TranscriptNotesPPT
-
Aug 2023TranscriptNotesPPT
-
Jun 2022TranscriptNotesPPT
-
Feb 2022TranscriptNotesPPT
-
Jan 2022TranscriptNotesPPT
-
Sep 2020TranscriptNotesPPT
-
Jul 2020TranscriptNotesPPT
-
Jun 2019TranscriptNotesPPT
-
Feb 2019TranscriptNotesPPT
-
Nov 2018TranscriptNotesPPT
-
Aug 2018TranscriptNotesPPT
-
Apr 2018TranscriptNotesPPT
-
Jun 2017TranscriptNotesPPT
-
Feb 2017Transcript PPT
-
Dec 2016TranscriptNotesPPT
-
Nov 2016TranscriptNotesPPT
-
Sep 2016TranscriptNotesPPT
-
May 2016TranscriptNotesPPT
-
Apr 2016TranscriptNotesPPT
-
Feb 2016TranscriptNotesPPT
Business Overview:[1]
MBL is a ISO 9001: 2015, 14001:2015, 45001:2018 certified company engaged in the execution of civil engineering projects in various business segments viz:
a) Roads & Highway Construction (EPC, BOT, O&M)
b) Building, Housing & Urban Infrastructure
c) Railways /Metro and Other Infrastructure.
MBL provides integrated engineering, procurement and construction (EPC) services
for civil construction and infrastructure sector projects