Advait Infratech Ltd - Stock Valuation and Financial Performance

BSE: 543230 | NSE: | Engineering - Industrial Equipments | Small Cap

Advait Infratech Share Price

1,528.55 69.10 4.73%
as on 21-Nov'24 16:59

DeciZen - make an informed investing decision on Advait Infratech

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Advait Infratech stock performance -

mw4me loader
P/E Ratio (SA):
59.94
Market Cap:
1,576.3 Cr.
52-wk low:
425
52-wk high:
2,260

Is Advait Infratech Ltd an attractive stock to invest in?

1. Is Advait Infratech Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Advait Infratech Ltd is a good quality company.

2. Is Advait Infratech Ltd undervalued or overvalued?

The key valuation ratios of Advait Infratech Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Advait Infratech Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Advait Infratech Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Advait Infratech:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Advait Infratech Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 62.9%63.8%22.6%29.5%23.8%25.2%28.3%40.3%-
Value Creation
Index
3.53.60.61.10.70.81.01.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 28.743.528.140.358.172103207238
Sales YoY Gr.-51.2%-35.4%43.5%44.1%24%43.2%101.3%-
Adj EPS 5.57.64.36.14.86.99.820.924.4
YoY Gr.-37.7%-44%42%-20.3%43.2%42%112.9%-
BVPS (₹) 13.421.826.131.93440.65173157
Adj Net
Profit
4.15.73.24.54.971021.326
Cash Flow from Ops. 3.56.41.22.1-0.86.912.5-8.6-
Debt/CF from Ops. 0.20.10.81.1-0.30.91.1-4.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA49.2%52.9%101.3%
Adj EPS NA37.4%63%112.9%
BVPSNA22.8%29%43.1%
Share Price - - 229.4% 245.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
41.243.217.820.916.818.521.433.621.2
Op. Profit
Mgn %
20.616.414.515.311.713.416.816.717.2
Net Profit
Mgn %
14.413.111.411.38.59.89.710.311.1
Debt to
Equity
0.100.10.100.20.30.50.1
Working Cap
Days
0115214167142153158140116
Cash Conv.
Cycle
0-27-67-3343015850

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 52.86%

Net Profit is growing at healthy rate in last 3 years 62.96%

Sales growth is good in last 4 quarters at 86.40%

Return on Equity has declined versus last 3 years average to 21.20%

Latest Financials - Advait Infratech Ltd.

Standalone Consolidated
TTM EPS (₹) 24.4 22.9
TTM Sales (₹ Cr.) 238 238
BVPS (₹.) 157 158.8
Reserves (₹ Cr.) 159 161
P/BV 9.30 9.19
PE 59.94 63.76
From the Market
52 Week Low / High (₹) 425.00 / 2260.00
All Time Low / High (₹) 25.00 / 2260.00
Market Cap (₹ Cr.) 1,576
Equity (₹ Cr.) 10.8
Face Value (₹) 10
Industry PE 57.5

Management X-Ray of Advait Infratech:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Advait Infratech

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales294328405872103207
Operating Expenses 23362435516286173
Manufacturing Costs0004222245
Material Costs16281824415053108
Employee Cost 11122348
Other Costs 675578712
Operating Profit 67467101735
Operating Profit Margin (%) 20.5%16.4%14.4%13.9%11.4%13.4%16.8%16.7%
Other Income 12011122
Interest 00011127
Depreciation 00000032
Exceptional Items 00000000
Profit Before Tax 69467101429
Tax 22122247
Profit After Tax 4634571021
PAT Margin (%) 14.8%14.5%11.5%10.9%8.3%9.9%9.7%10.3%
Adjusted EPS (₹)5.78.44.35.94.77.09.820.9
Dividend Payout Ratio (%)0%0%17%0%11%7%0%7%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 1016202435415274
Share Capital 0044551010
Reserves 1016162030364264
Minority Interest00000000
Debt0111061033
Long Term Debt01110654
Short Term Debt000000529
Trade Payables712121315203239
Others Liabilities 5442131218
Total Liabilities 233337415171106165

Fixed Assets

Gross Block2223342229
Accumulated Depreciation11111113
Net Fixed Assets1121122126
CWIP 000001311
Investments 311121212121112
Inventories0112361118
Trade Receivables812101018252840
Cash Equivalents 65681291821
Others Assets3367431747
Total Assets 233337415171106165

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 3612-1712-9
PBT 69467101429
Adjustment 00000168
Changes in Working Capital -01-1-3-6-2-4-39
Tax Paid -2-3-2-2-2-2-2-6
Cash Flow From Investing Activity 1-7001-14-7-7
Capex -10000-14-8-7
Net Investments 1-800000-1
Others 01001002
Cash Flow From Financing Activity 000054319
Net Proceeds from Shares 00007000
Net Proceeds from Borrowing 0000-1500
Interest Paid 000-1-1-1-2-6
Dividend Paid 0000-1-1-10
Others 000000625
Net Cash Flow 5-1124-383
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)42.4247.711820.1816.4518.7321.433.73
ROCE (%)62.9463.8122.6329.4723.8425.2128.3140.3
Asset Turnover Ratio1.271.560.811.041.271.181.171.53
PAT to CFO Conversion(x)0.7510.330.5-0.211.2-0.43
Working Capital Days
Receivable Days1048314293901119460
Inventory Days6481217243025
Payable Days169123248190125129180120

Advait Infratech Ltd Stock News

Advait Infratech Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Advait Infratech on 21-Nov-2024 16:59 is ₹1,528.6.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Advait Infratech stood at ₹1,576.3.
The latest P/E ratio of Advait Infratech as of 21-Nov-2024 16:59 is 59.94.
The latest P/B ratio of Advait Infratech as of 21-Nov-2024 16:59 is 9.30.
The 52-week high of Advait Infratech is ₹2,260 and the 52-week low is ₹425.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Advait Infratech is ₹238.0 ( Cr.) .

About Advait Infratech Ltd

Advait Infratech Limited is an Ahmedabad based company which provides products and solutions in the power transmission, power substation and telecommunication infrastructure sectors. It was founded in 2009 and was recently offered Initial Public Offering and got listed at the Bombay Stock Exchange in 2020.

Business area of the company

The company is into business of providing products and solutions for power transmission, power substation and telecommunication infrastructure fields. It operates with various verticals such as Turnkey Telecommunication Projects, Installation of the Power Transmission, Sub Station and Telecom Products, Liasioning-marketing and providing end to end solutions for the overseas customers operating in the field Power Transmission and Sub Station, Trading of the similar products, and manufacturing through OEM of the stringing Tools. The major Products and Solutions offered by the company are Optical Fibre Ground Wire (OPGW) and OFC cables and its solutions; Insulators for the EHV-Extra High Voltage Transmission Lines; Stringing Tools for construction of Transmission lines; Gas Insulators Sub Stations supply from its partners and providing end to end solutions; Earthing Solutions; and Transmission line and Sub Station Lines specialized products. The company has expanded its verticals by venturing into manufacturing of OPGW (Optical Fibre Ground Wire) and OFC Cables.

Product and services

  • OPGW & Optical Fiber Cable
  • Stringing Tools
  • Carbon Core Conductors (HTLS)
  • GIS (Gas Insulated Switchgear) Substation
  • Bird Diverters
  • Towers
  • Earthing Solutions
  • Insulators
  • Emergency Retrieval System (ERS)

Milestones

  • 2010: Advait Infratech starts its journey. The company started with supplying insulators and dealt with domestic as well as overseas market.
  • 2011: Enjoying the privilege of being the most penetrated and dependable stringing tools manufacturing, trading & supplying company in the Indian and African market. Started supplying EPCs entire range of products.
  • 2012: Started dealing with cable connectors used for transmission segments.
  • 2013: Tapped the “Transformer” market and received first order of Transformers.
  • 2014: Through its associates Chint, T&D, Sieyuan, and Pinggao (China) received overseas GIS order. Advait also started its journey for OPGW supply from their associate partner Sichuan Huiyuan.
  • 2015: Advait added to its portfolio by supplying Silicon Jackets in domestic and overseas market.
  • 2016: Advait took an assignment of Live line Installation of OPGW and holds more than 10,000 km of orders from PGCIL, GETCO & UPPTCL in the year 2020. Incorporated JV with OPGW partner M/s Jiangsu Tongguang Optical Fiber Co., Ltd (TGG)
  • 2017: Advait starts its journey in SF6 Gas Handling Plant.
  • 2018: Advait entered into earthing solution business with major manufacturing associates and dealing with all type of tools and equipment dealt in transmission.
  • 2019: Launched TG Advait India Private Limited. Accelerating past experience of OPGW, Advait established OPGW manufacturing unit in Sanand, Gujarat.
  • 2020: Advait started installations and supply in OFC segment. After more than a decade of its establishment. Also, Advait Infratech gets listed on Bombay Stock Exchange (BSE) SME.

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