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 20.2
- Book Value ₹ 103
- Dividend Yield 0.00 %
- ROCE 28.1 %
- ROE 28.0 %
- 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 34.0%
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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|
| 160 | 264 | 300 | 342 | 408 | |
| 144 | 233 | 262 | 301 | 348 | |
| Operating Profit | 17 | 30 | 38 | 42 | 60 |
| OPM % | 10% | 11% | 13% | 12% | 15% |
| 2 | 2 | 0 | 8 | 7 | |
| Interest | 2 | 3 | 6 | 6 | 8 |
| Depreciation | 5 | 6 | 8 | 9 | 11 |
| Profit before tax | 11 | 23 | 25 | 35 | 48 |
| Tax % | 24% | 25% | 25% | 22% | |
| 8 | 18 | 19 | 27 | 37 | |
| EPS in Rs | 543.36 | 1,154.40 | 11.20 | 16.11 | 17.24 |
| Dividend Payout % | 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: | 48% |
| TTM: | 38% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 34% |
| Last Year: | 28% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 17 | 17 | 23 |
| Reserves | 25 | 43 | 47 | 113 | 213 |
| 32 | 32 | 47 | 48 | 37 | |
| 54 | 44 | 26 | 58 | 72 | |
| Total Liabilities | 112 | 120 | 136 | 235 | 344 |
| 32 | 31 | 41 | 46 | 59 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 4 | 2 | 7 | 8 | 13 |
| 76 | 87 | 88 | 181 | 272 | |
| Total Assets | 112 | 120 | 136 | 235 | 344 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 14 | 10 | 21 | 14 | |
| -13 | -6 | -23 | -14 | |
| 5 | -3 | 5 | 39 | |
| Net Cash Flow | 5 | 1 | 4 | 40 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 16 | 37 | 52 | 69 |
| ROCE % | 38% | 33% | 28% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
30m - 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
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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
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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.