Prajay Engineers Syndicate Ltd

Prajay Engineers Syndicate Ltd

₹ 32.2 4.27%
22 Nov - close price
About

Incorporated in 1994, Prajay Engineering Syndicate Ltd is in the business of real estate construction, development and maintaining hospitality projects[1]

Key Points

Business Overview:[1]
Company is in the business of architecture, engineering, design, and construction of residential and commercial properties in Hyderabad. It has also forayed into
Hospitality and Retail sector.

  • Market Cap 225 Cr.
  • Current Price 32.2
  • High / Low 46.6 / 16.5
  • Stock P/E
  • Book Value 72.2
  • Dividend Yield 0.00 %
  • ROCE -5.17 %
  • ROE -7.26 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.45 times its book value
  • Company is expected to give good quarter

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 3.29% over past five years.
  • Promoter holding is low: 36.8%
  • Company has a low return on equity of -3.03% over last 3 years.
  • Company might be capitalizing the interest cost
  • Company has high debtors of 631 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: Realty Industry: Construction

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
16.47 12.25 53.56 5.52 6.94 5.79 11.58 7.51 2.78 20.80 26.37 4.71 25.67
12.80 12.41 53.97 6.75 7.86 9.18 26.07 8.66 7.72 27.10 50.57 9.74 31.19
Operating Profit 3.67 -0.16 -0.41 -1.23 -0.92 -3.39 -14.49 -1.15 -4.94 -6.30 -24.20 -5.03 -5.52
OPM % 22.28% -1.31% -0.77% -22.28% -13.26% -58.55% -125.13% -15.31% -177.70% -30.29% -91.77% -106.79% -21.50%
0.56 0.47 0.77 0.68 0.56 0.73 16.94 0.91 0.74 0.52 1.30 0.81 0.85
Interest 1.69 0.89 0.88 0.98 0.98 1.03 0.98 0.55 1.62 0.04 0.12 0.08 0.13
Depreciation 1.05 1.04 1.02 1.01 1.02 1.02 0.99 0.95 0.95 0.96 0.95 0.95 1.02
Profit before tax 1.49 -1.62 -1.54 -2.54 -2.36 -4.71 0.48 -1.74 -6.77 -6.78 -23.97 -5.25 -5.82
Tax % 32.21% -4.32% 5.19% 1.97% 3.81% 1.91% 14.58% 29.31% -2.07% 0.88% 0.63% 2.29% 6.70%
1.02 -1.55 -1.62 -2.59 -2.45 -4.80 0.41 -2.26 -6.63 -6.84 -24.12 -5.37 -6.21
EPS in Rs 0.15 -0.22 -0.23 -0.34 -0.35 -0.68 0.07 -0.32 -0.95 -0.92 -3.38 -0.67 -0.83
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
96 67 109 93 69 41 49 50 38 93 30 57 78
97 84 122 106 74 45 49 49 34 88 50 94 119
Operating Profit -1 -17 -13 -14 -5 -4 -1 1 5 5 -20 -37 -41
OPM % -1% -26% -12% -15% -8% -10% -1% 3% 12% 6% -67% -64% -53%
3 5 1 8 5 6 5 3 1 2 19 3 3
Interest 2 1 6 14 16 19 15 5 6 5 4 2 0
Depreciation 3 4 6 6 6 5 4 4 4 4 4 4 4
Profit before tax -4 -18 -25 -27 -22 -21 -15 -4 -4 -2 -9 -39 -42
Tax % 102% -33% -1% 9% 9% 4% -6% 20% 22% 32% 3% 2%
-13 -12 -24 -29 -24 -22 -15 -5 -5 -2 -9 -40 -43
EPS in Rs -1.75 -1.74 -3.53 -4.08 -3.33 -3.17 -2.05 -0.75 -0.71 -0.35 -1.31 -5.57 -5.80
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -2%
5 Years: 3%
3 Years: 14%
TTM: 180%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -207%
Stock Price CAGR
10 Years: 14%
5 Years: 37%
3 Years: 24%
1 Year: 85%
Return on Equity
10 Years: -3%
5 Years: -2%
3 Years: -3%
Last Year: -7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 70 70 70 70 70 70 70 70 70 70 70 70 70
Reserves 597 585 556 574 550 528 509 505 500 497 486 447 435
290 298 296 269 274 260 207 195 193 187 173 182 172
331 374 371 377 388 446 497 458 456 399 214 201 190
Total Liabilities 1,287 1,327 1,293 1,290 1,282 1,304 1,283 1,228 1,218 1,153 943 900 867
53 55 156 149 144 139 135 132 134 132 128 126 144
CWIP 236 271 180 197 215 236 266 271 271 275 111 114 95
Investments 63 57 57 57 57 57 57 57 57 57 57 57 57
936 945 899 887 865 872 825 767 756 689 647 604 571
Total Assets 1,287 1,327 1,293 1,290 1,282 1,304 1,283 1,228 1,218 1,153 943 900 867

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
2 18 2 52 56 33 49 15 7 5 7 24
-5 -17 -21 -17 -20 -20 -30 -6 -6 -5 -1 -3
-27 -5 15 -35 -34 -12 -19 -10 -1 1 -2 7
Net Cash Flow -30 -5 -5 1 2 0 -0 -2 -0 -0 5 28

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 1,068 1,326 795 873 1,109 1,838 1,436 1,281 1,693 664 1,613 631
Inventory Days 3,431
Days Payable 1,517
Cash Conversion Cycle 1,068 3,240 795 873 1,109 1,838 1,436 1,281 1,693 664 1,613 631
Working Capital Days 1,838 2,487 1,330 1,462 1,674 2,579 1,865 1,813 2,256 943 4,886 2,147
ROCE % -0% -2% -2% -1% -1% -1% 0% 0% 0% 0% -1% -5%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
32.87% 32.87% 32.87% 32.87% 32.87% 33.58% 33.35% 33.58% 33.58% 35.64% 36.80% 36.80%
0.00% 0.00% 0.00% 0.00% 0.08% 0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.01%
67.13% 67.13% 67.13% 67.13% 67.05% 66.41% 66.65% 66.41% 66.40% 64.34% 63.19% 63.18%
No. of Shareholders 19,45619,36719,12819,11719,43119,29618,99719,47119,20618,21818,69119,196

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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