SRM Contractors Ltd

SRM Contractors Ltd

₹ 177 0.81%
05 Jul - close price
About

Incorporated in 2008, SRM Contractors Ltd
is engaged in construction of roads including bridges, tunnel works, and slope stabilisation works[1]

Key Points

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.

  • Market Cap 406 Cr.
  • Current Price 177
  • High / Low 248 / 143
  • Stock P/E 15.1
  • Book Value
  • Dividend Yield 0.00 %
  • ROCE 28.0 %
  • ROE 28.0 %
  • Face Value 10.0

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 34.1%

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: Construction Industry: Construction

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Dec 2023 Mar 2024
102.80 86.70 107.87
89.06 78.70 95.15
Operating Profit 13.74 8.00 12.72
OPM % 13.37% 9.23% 11.79%
0.17 1.59 -0.13
Interest 2.33 0.94 2.87
Depreciation 1.95 2.23 2.65
Profit before tax 9.63 6.42 7.07
Tax % 27.41% 25.55% 12.73%
6.99 4.77 6.17
EPS in Rs 4.17 2.85 3.68
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
160 264 300 342
144 233 262 301
Operating Profit 17 30 38 42
OPM % 10% 11% 13% 12%
2 2 0 8
Interest 2 3 6 6
Depreciation 5 6 8 9
Profit before tax 11 23 25 35
Tax % 24% 25% 25% 22%
8 18 19 27
EPS in Rs 543.36 1,154.40 11.20 16.11
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: 48%
TTM: 44%
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
Equity Capital 2 2 17 17
Reserves 25 43 46 113
32 32 47 48
54 44 27 58
Total Liabilities 112 120 137 235
32 31 41 46
CWIP 0 0 0 0
Investments 4 2 7 8
76 87 89 181
Total Assets 112 120 137 235

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
14 10 13 14
-13 -6 -19 -14
5 -3 10 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 77
ROCE % 38% 33%

Shareholding Pattern

Numbers in percentages

Apr 2024
72.92%
6.27%
5.51%
15.30%
No. of Shareholders 31,999

* 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.

Documents