Rachana Infrastructure Ltd

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

Rachana Infrastructure Ltd

₹ 36.3 2.25%
11 Apr - close price
Company website NSE - SME: RILINFRA
About

Incorporated in 2001, Rachana Infrastructure
Ltd is in business of Infrastructure Projects
and Quarry Mining and Trading[1]

Key Points

Business Overview:[1][2]
Company is an NSE SME Listed company, certified under ISO 9001:2008 and registered as AA” CLASS & Special Cat. I (Roads) with Govt. of Gujarat, engaged in the business of Construction of Road projects on a Bill of Quantities (BOQ) and EPC and provides services of Road work, Area Grading Work and Canal Work, etc. It got contracts from the Government (Zilla Panchayat) at a very small scale. In addition, company got sub contracts from the infrastructure Companies from Gujarat, Madhya Pradesh, Maharashtra, etc. for construction of Buildings, Road Construction, Irrigation, Hydro power Project and Mining

Website NSE - SM
  • Market Cap ₹ 67.5 Cr.
  • Current Price ₹ 36.3
  • High / Low ₹ 97.2 / 25.6
  • Stock P/E 21.1
  • Book Value ₹ 50.6
  • Dividend Yield 0.00 %
  • ROCE 6.58 %
  • ROE 3.77 %
  • Face Value ₹ 10.0
    Edit ratios

    Pros

    • Stock is trading at 0.72 times its book value

    Cons

    • Though the company is reporting repeated profits, it is not paying out dividend
    • The company has delivered a poor sales growth of -3.98% over past five years.
    • Company has a low return on equity of 3.69% over last 3 years.
    • Earnings include an other income of Rs.2.46 Cr.
    • 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

    Edit Columns
    S.No. Name CMP Rs. P/E Mar Cap Rs.Cr. Div Yld % NP Qtr Rs.Cr. Qtr Profit Var % Sales Qtr Rs.Cr. Qtr Sales Var % ROCE %
    1. Rail Vikas 346.3057.8472225.630.61294.99-9.514590.75-1.8218.70
    2. IRB Infra.Devl. 45.0136.4027157.710.676026.1169.352025.442.898.96
    3. Afcons Infrastr. 428.2034.4215767.200.00148.8535.683211.102.7323.13
    4. Ircon Intl. 149.6018.4614078.812.0786.10-64.812612.86-10.8118.15
    5. NCC 209.9715.9613175.891.05205.86-12.455344.521.6122.10
    6. G R Infraproject 1073.1011.0810399.701.16262.597.821694.50-20.6016.89
    7. ITD Cem 524.9025.808997.040.3287.0411.012244.8611.2927.08
    8. Rachana Infra. 36.3021.1167.540.000.30-64.7129.7311.476.58
    Median: 65 Co. 172.3520.84612.620.09.5235.68161.3410.4321.16

      Half Yearly Results

      Figures in Rs. Crores

      Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
      23.87 39.32 24.99 38.53 26.67 64.80 29.73
      20.81 36.31 22.52 34.99 24.53 59.83 28.57
      Operating Profit 3.06 3.01 2.47 3.54 2.14 4.97 1.16
      OPM % 12.82% 7.66% 9.88% 9.19% 8.02% 7.67% 3.90%
      0.95 1.91 0.86 0.86 1.44 1.05 1.41
      Interest 2.06 1.89 1.53 1.30 1.47 1.13 1.07
      Depreciation 0.85 1.20 0.97 0.90 1.05 1.40 1.10
      Profit before tax 1.10 1.83 0.83 2.20 1.06 3.49 0.40
      Tax % -14.55% 47.54% 27.71% 25.00% 19.81% 16.62% 25.00%
      1.26 0.95 0.61 1.65 0.85 2.90 0.30
      EPS in Rs 2.40 0.60 0.33 0.89 0.46 1.56 0.16
      Raw PDF

      Profit & Loss

      Figures in Rs. Crores

      Mar 2014 Mar 2015 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
      47.63 51.71 112.10 154.38 103.79 63.20 63.52 91.48 94.53
      40.91 43.98 96.79 140.56 94.41 57.08 57.49 84.30 88.40
      Operating Profit 6.72 7.73 15.31 13.82 9.38 6.12 6.03 7.18 6.13
      OPM % 14.11% 14.95% 13.66% 8.95% 9.04% 9.68% 9.49% 7.85% 6.48%
      1.54 2.48 1.83 3.88 3.26 2.80 1.70 2.41 2.46
      Interest 3.32 3.25 6.47 5.68 5.03 3.94 2.83 2.59 2.20
      Depreciation 3.23 3.18 4.49 3.80 2.29 2.05 1.86 2.46 2.50
      Profit before tax 1.71 3.78 6.18 8.22 5.32 2.93 3.04 4.54 3.89
      Tax % 30.41% 32.28% 24.60% 27.37% 11.65% 24.91% 25.66% 20.04%
      1.18 2.56 4.66 5.97 4.70 2.21 2.26 3.63 3.20
      EPS in Rs 2.58 5.05 8.86 11.35 8.94 1.40 1.21 1.95 1.72
      Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
      Compounded Sales Growth
      10 Years: 7%
      5 Years: -4%
      3 Years: -4%
      TTM: 45%
      Compounded Profit Growth
      10 Years: 11%
      5 Years: -6%
      3 Years: -3%
      TTM: 28%
      Stock Price CAGR
      10 Years: %
      5 Years: %
      3 Years: %
      1 Year: -12%
      Return on Equity
      10 Years: %
      5 Years: 6%
      3 Years: 4%
      Last Year: 4%

      Balance Sheet

      Figures in Rs. Crores

      Mar 2014 Mar 2015 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
      Equity Capital 4.57 5.07 5.26 5.26 5.26 15.78 18.61 18.61 18.61
      Reserves 20.65 22.87 23.18 29.29 46.29 34.12 71.63 75.20 75.50
      27.03 22.35 35.02 32.94 31.60 28.86 12.71 13.33 13.65
      10.43 13.45 16.35 38.70 9.52 25.10 12.04 19.32 9.41
      Total Liabilities 62.68 63.74 79.81 106.19 92.67 103.86 114.99 126.46 117.17
      37.62 34.03 18.04 14.59 10.50 10.75 27.09 29.10 11.10
      CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
      Investments 0.00 0.00 9.67 9.69 21.94 17.90 0.32 0.34 17.45
      25.06 29.71 52.10 81.91 60.23 75.21 87.58 97.02 88.62
      Total Assets 62.68 63.74 79.81 106.19 92.67 103.86 114.99 126.46 117.17

      Cash Flows

      Figures in Rs. Crores

      Mar 2014 Mar 2015 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
      5.46 6.68 8.63 -2.54 3.05 6.35 -7.87 11.46
      -6.31 0.97 -3.71 -0.23 2.90 -2.16 -10.07 -3.56
      0.24 -7.56 -3.56 1.61 -6.06 -3.83 18.54 -4.55
      Net Cash Flow -0.61 0.09 1.36 -1.16 -0.12 0.35 0.61 3.35

      Ratios

      Figures in Rs. Crores

      Mar 2014 Mar 2015 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
      Debtor Days 135.03 139.55 76.74 103.44 80.53 101.13 125.96 102.18
      Inventory Days 6.89 6.19 24.36 79.96 181.33
      Days Payable 250.76 284.58 18.65 95.22 633.97
      Cash Conversion Cycle -108.84 -138.84 82.45 103.44 80.53 101.13 110.70 -350.45
      Working Capital Days 22.99 32.12 47.24 58.47 118.72 174.65 313.46 224.27
      ROCE % 12.39% 21.46% 12.23% 8.45% 6.36% 6.58%

      Shareholding Pattern

      Numbers in percentages

      23 Recently
      Jun 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025
      66.03% 66.03% 66.03% 65.38% 65.38% 65.10% 66.12%
      33.97% 33.97% 33.97% 34.62% 34.62% 34.89% 33.88%
      No. of Shareholders 8933063081,2612,3435,7926,380

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