SRM Contractors Ltd
Incorporated in 2008, SRM Contractors Ltd
is engaged in construction of roads including bridges, tunnel works, and slope stabilisation works[1]
- Market Cap ₹ 754 Cr.
- Current Price ₹ 330
- High / Low ₹ 433 / 143
- Stock P/E 21.8
- Book Value ₹ 100
- Dividend Yield 0.00 %
- ROCE 25.1 %
- ROE 23.5 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is expected to give good quarter
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.3%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|
| 87 | 161 | 264 | 300 | 342 | 408 | |
| 76 | 144 | 234 | 262 | 301 | 348 | |
| Operating Profit | 11 | 18 | 30 | 38 | 42 | 60 |
| OPM % | 12% | 11% | 11% | 13% | 12% | 15% |
| 1 | 0 | 1 | 1 | 3 | 4 | |
| Interest | 2 | 2 | 3 | 6 | 6 | 8 |
| Depreciation | 4 | 5 | 6 | 8 | 9 | 11 |
| Profit before tax | 5 | 10 | 23 | 25 | 30 | 45 |
| Tax % | 29% | 25% | 20% | 25% | 26% | |
| 4 | 8 | 18 | 19 | 22 | 35 | |
| EPS in Rs | 240.47 | 509.86 | 1,202.37 | 11.44 | 13.24 | 16.19 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 29% |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 42% |
| TTM: | 54% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 32% |
| Last Year: | 23% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 17 | 17 | 23 |
| Reserves | 17 | 25 | 43 | 47 | 108 | 207 |
| 24 | 34 | 34 | 47 | 48 | 37 | |
| 42 | 53 | 41 | 26 | 58 | 71 | |
| Total Liabilities | 85 | 113 | 120 | 136 | 231 | 338 |
| 24 | 31 | 30 | 41 | 46 | 52 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 3 | 4 | 2 | 7 | 3 | 13 |
| 57 | 78 | 87 | 88 | 181 | 272 | |
| Total Assets | 85 | 113 | 120 | 136 | 231 | 338 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 14 | 6 | 21 | 0 | ||
| -15 | -3 | -23 | 0 | ||
| 6 | -2 | 5 | 0 | ||
| Net Cash Flow | 5 | 0 | 4 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 28 | 51 | 22 | 19 | 33 |
| Inventory Days | 77 | 15 | 17 | 17 | 39 |
| Days Payable | 228 | 139 | 54 | 19 | 46 |
| Cash Conversion Cycle | -123 | -72 | -14 | 17 | 27 |
| Working Capital Days | 21 | 22 | 41 | 52 | 69 |
| ROCE % | 24% | 37% | 33% | 25% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
44m - Schedule for Analysts/Institutional Investors meeting.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
13 Feb - Of schedule in relation to Analysts/ Institutional Investors Meetings
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Feb - Of newspaper publication for unaudited standalone and consolidated financial results for the quarter and nine months ended 31st December, 2024
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
11 Feb - SRM Contractors reports Q3 FY25 financial results.
-
Monitoring Agency Report For The Quarter Ended December 31,2024
11 Feb - Monitoring Agency Report for IPO proceeds utilization.
Annual reports
Concalls
-
Nov 2024TranscriptNotesPPT
Business Profile[1]
The company specializes in infrastructure development in challenging terrains like Jammu & Kashmir, Ladakh, Uttarakhand, Himachal Pradesh, Arunachal Pradesh, Gujarat, and Odisha. It focuses on EPC and HAM contracts, with expertise in road & bridge construction, tunnel construction, slope stabilization, and civil projects such as government housing, flood control, drainage, and irrigation.