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 ₹ 637 Cr.
- Current Price ₹ 278
- High / Low ₹ 300 / 143
- Stock P/E 28.8
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 25.1 %
- ROE 23.5 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.3%
Cons
* 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 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 161 | 264 | 300 | 342 | |
| 144 | 234 | 262 | 301 | |
| Operating Profit | 18 | 30 | 38 | 42 |
| OPM % | 11% | 11% | 13% | 12% |
| 0 | 1 | 1 | 3 | |
| Interest | 2 | 3 | 6 | 6 |
| Depreciation | 5 | 6 | 8 | 9 |
| Profit before tax | 10 | 23 | 25 | 30 |
| Tax % | 25% | 20% | 25% | 26% |
| 8 | 18 | 19 | 22 | |
| EPS in Rs | 509.86 | 1,202.37 | 11.44 | 13.24 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 29% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 42% |
| TTM: | 16% |
| 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 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Equity Capital | 2 | 2 | 17 | 17 |
| Reserves | 25 | 43 | 47 | 108 |
| 34 | 34 | 47 | 48 | |
| 53 | 41 | 26 | 58 | |
| Total Liabilities | 113 | 120 | 136 | 231 |
| 31 | 30 | 41 | 46 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 4 | 2 | 7 | 3 |
| 78 | 87 | 88 | 181 | |
| Total Assets | 113 | 120 | 136 | 231 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| 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 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 51 | 22 | 19 | 33 |
| Inventory Days | 15 | 17 | 17 | 39 |
| Days Payable | 139 | 54 | 19 | 46 |
| Cash Conversion Cycle | -72 | -14 | 17 | 27 |
| Working Capital Days | 22 | 41 | 52 | 69 |
| ROCE % | 37% | 33% | 25% |
Documents
Announcements
-
Monitoring Agency Report For The Quarter Ended September 30,2024
17h - Monitoring Agency Report for Q2 FY2025 issued.
- Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended 30Th September , 2024 17h
-
Board Meeting Outcome for Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended 30Th September , 2024
17h - Unaudited financial results for Q2 FY2024 released.
-
Board Meeting Intimation for Intimation Of Board Meeting Scheduled To Be Held On Thursday, November 14, 2024
6 Nov - Board meeting on November 14 to approve financial results.
-
Intimation Regarding Allotment Of New Project To Company
28 Oct - Allotment of new project worth Rs 45.25 Crore.
Busienss Overview:[1]
a) Company is an engineering construction and development company engaged primarily in
the construction of roads (including bridges), tunnels, slope stabilization works and other miscellaneous civil construction activities in Jammu & Kashmir and Ladakh.
b) It is an ISO 9001:2015 certified company and are also registered as class A contractor with Public Work (R&B) Department, Jammu
& Kashmir.
c) Company is pre-qualified to bid independently on projects, tendered by departments of governmental authorities and
other entities funded by the GoI, of contract value up to Rs. 30,000 lakhs and Rs. 50,000 lakhs for EPC contracts pertaining to the
construction of roads (including bridges) and for construction of tunnel respectively
d) It undertakes construction works both as EPC contractor and on an item rate basis for infrastructure projects.
e) It undertakes contracts independently
or whenever required, through project- specific joint ventures with other infrastructure and construction entities.
f) Company also undertakes sub-contracting assignments of infrastructure projects from other major infrastructure and construction entities like HCC, Gammon, Patel Engg Ltd etc.