BSE: 522231 | NSE: | Engineering - Construction | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Conart Engineers Ltd is a below average quality company.
The key valuation ratios of Conart Engineers Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Conart Engineers Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 8.9% | 11.6% | 12.8% | 9.9% | 12.1% | 7.8% | 6.8% | 7.8% | 10.6% | 12.9% | - |
| Value Creation Index ⓘ | -0.4 | -0.2 | -0.1 | -0.3 | -0.1 | -0.4 | -0.5 | -0.4 | -0.2 | -0.1 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 19.1 | 20.8 | 20.4 | 22.5 | 31 | 25.2 | 21.7 | 36.6 | 35.5 | 48.9 | 61 |
| Sales YoY Gr. | - | 8.6% | -1.5% | 10.2% | 37.9% | -18.7% | -13.9% | 68.4% | -2.9% | 37.8% | - |
| Adj EPS ⓘ | 3.9 | 3.7 | 4.4 | 3.8 | 5.4 | 2.9 | 3.3 | 4.2 | 6.1 | 9 | 13.3 |
| YoY Gr. | - | -4.4% | 16.8% | -12.4% | 39.7% | -45.8% | 14.1% | 27.2% | 45.8% | 46.7% | - |
| BVPS (₹) ⓘ | 45.1 | 48.9 | 53.2 | 56.6 | 62.2 | 65.5 | 68 | 73.4 | 80.5 | 92.5 | 97.8 |
| Adj Net Profit ⓘ | 1.2 | 1.1 | 1.3 | 1.2 | 1.7 | 0.9 | 1 | 1.3 | 1.9 | 2.8 | 4 |
| Cash Flow from Ops. ⓘ | 2.4 | -0.4 | 0.1 | 1.3 | -0.5 | 1.9 | 2 | -1.5 | 4.1 | 0.9 | - |
| Debt/CF from Ops. ⓘ | 0 | -0.7 | 1.3 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 11% | 9.5% | 31.1% | 37.8% | ||||
| Adj EPS ⓘ | 9.7% | 11% | 39.6% | 46.7% | ||||
| BVPSⓘ | 8.3% | 8.2% | 10.8% | 14.8% | ||||
| Share Price | 32.3% | 67.8% | 105.4% | 344% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 8.7 | 8 | 8.6 | 7.1 | 9 | 4.5 | 5 | 6 | 8 | 10.4 | 14 |
| Op. Profit Mgn % ⓘ | 3.6 | 8.1 | 9.5 | 8.2 | 7.5 | 5.6 | 4.2 | 4.9 | 8.2 | 7.3 | 7.8 |
| Net Profit Mgn % ⓘ | 6.1 | 5.4 | 6.4 | 5.4 | 5.4 | 3.6 | 4.8 | 3.6 | 5.4 | 5.8 | 6.9 |
| Debt to Equity ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Working Cap Days ⓘ | 131 | 129 | 172 | 184 | 168 | 220 | 224 | 145 | 156 | 112 | 85 |
| Cash Conv. Cycle ⓘ | 51 | 53 | 92 | 109 | 97 | 134 | 144 | 97 | 108 | 81 | 70 |
Return on Equity has increased versus last 3 years average to 14.00%
Sales growth is growing at healthy rate in last 3 years 31.08%
Net Profit is growing at healthy rate in last 3 years 39.63%
Sales growth is good in last 4 quarters at 71.71%
No data to display
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 13.3 | - |
| TTM Sales (₹ Cr.) | 60.7 | - |
| BVPS (₹.) ⓘ | 97.8 | - |
| Reserves (₹ Cr.) ⓘ | 28 | - |
| P/BV ⓘ | 3.41 | - |
| PE ⓘ | 25.08 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 62.00 / 347.80 |
| All Time Low / High (₹) | 1.35 / 347.80 |
| Market Cap (₹ Cr.) | 105 |
| Equity (₹ Cr.) | 3.1 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 37.8 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 19 | 21 | 20 | 23 | 31 | 25 | 22 | 37 | 35 | 49 |
| Operating Expenses ⓘ | 18 | 19 | 19 | 21 | 29 | 24 | 21 | 35 | 33 | 45 |
| Manufacturing Costs | 6 | 9 | 8 | 11 | 13 | 9 | 10 | 16 | 9 | 20 |
| Material Costs | 10 | 8 | 8 | 7 | 13 | 12 | 9 | 15 | 20 | 21 |
| Employee Cost | 1 | 1 | 1 | 1 | 1 | 1 | 1 | -64 | 2 | 2 |
| Other Costs ⓘ | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 67 | 2 | 2 |
| Operating Profit ⓘ | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 2 | 3 | 4 |
| Operating Profit Margin (%) | 3.2% | 8.1% | 9.4% | 8.2% | 7.4% | 5.6% | 4.2% | 4.7% | 8.2% | 7.2% |
| Other Income ⓘ | 1 | 0 | 1 | 0 | 0 | 1 | 1 | 0 | 0 | 1 |
| Interest ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation ⓘ | 1 | 1 | 1 | 0 | 0 | 1 | 0 | 0 | 1 | 1 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 1 | 2 | 2 | 2 | 2 | 2 | 1 | 2 | 3 | 3 |
| Tax ⓘ | 0 | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 1 | 0 |
| Profit After Tax | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 3 |
| PAT Margin (%) | 5.9% | 5.4% | 6.4% | 5.3% | 5.4% | 4.7% | 4.8% | 3.5% | 5.6% | 6.3% |
| Adjusted EPS (₹) | 3.7 | 3.7 | 4.3 | 3.8 | 5.3 | 3.8 | 3.3 | 4.1 | 6.3 | 9.8 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 26% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 14 | 15 | 16 | 18 | 20 | 21 | 21 | 23 | 25 | 29 |
| Share Capital ⓘ | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves ⓘ | 11 | 12 | 13 | 15 | 16 | 17 | 18 | 20 | 22 | 26 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Payables | 1 | 2 | 2 | 3 | 5 | 3 | 3 | 3 | 3 | 2 |
| Others Liabilities ⓘ | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 |
| Total Liabilities ⓘ | 17 | 19 | 20 | 23 | 27 | 26 | 26 | 29 | 30 | 34 |
Fixed Assets | ||||||||||
| Gross Block | 7 | 7 | 7 | 7 | 8 | 8 | 8 | 9 | 11 | 10 |
| Accumulated Depreciation | 3 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 6 |
| Net Fixed Assetsⓘ | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 5 |
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investmentsⓘ | 2 | 2 | 2 | 5 | 5 | 8 | 8 | 7 | 8 | 10 |
| Inventories | 1 | 2 | 2 | 3 | 4 | 3 | 5 | 5 | 7 | 4 |
| Trade Receivables | 3 | 4 | 7 | 7 | 11 | 10 | 6 | 10 | 6 | 10 |
| Cash Equivalents | 5 | 4 | 4 | 3 | 2 | 1 | 1 | 1 | 3 | 3 |
| Others Assetsⓘ | 2 | 3 | 2 | 2 | 1 | 2 | 2 | 2 | 2 | 2 |
| Total Assets ⓘ | 17 | 19 | 20 | 23 | 27 | 26 | 26 | 29 | 30 | 34 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 2 | 0 | 0 | 1 | 0 | 2 | 2 | -1 | 4 | 1 |
| PBT ⓘ | 1 | 2 | 2 | 2 | 2 | 2 | 1 | 2 | 3 | 3 |
| Adjustment ⓘ | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Changes in Working Capital ⓘ | 1 | -2 | -2 | -0 | -3 | 0 | 1 | -3 | 1 | -2 |
| Tax Paid ⓘ | 0 | 0 | 0 | -1 | 0 | 0 | 0 | 0 | 0 | -1 |
| Cash Flow From Investing Activity ⓘ | 1 | -1 | 0 | -3 | 0 | -3 | -1 | 1 | -2 | -1 |
| Capex | 0 | -1 | 0 | 0 | -1 | 0 | 0 | -2 | -2 | 0 |
| Net Investments | 1 | 0 | 0 | -3 | 0 | -3 | -1 | 2 | 0 | -1 |
| Others ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow From Financing Activityⓘ | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow ⓘ | 3 | -1 | 0 | -1 | -1 | -1 | 1 | -1 | 2 | 0 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 8.33 | 7.91 | 8.51 | 7.12 | 8.96 | 5.94 | 4.94 | 5.78 | 8.17 | 11.35 |
| ROCE (%) | 8.85 | 11.59 | 12.75 | 9.85 | 12.1 | 7.84 | 6.79 | 7.82 | 10.58 | 12.92 |
| Asset Turnover Ratio | 1.17 | 1.16 | 1.05 | 1.03 | 1.24 | 0.96 | 0.83 | 1.32 | 1.2 | 1.52 |
| PAT to CFO Conversion(x) | 2 | 0 | 0 | 1 | 0 | 2 | 2 | -1 | 2 | 0.33 | Working Capital Days |
| Receivable Days | 61 | 59 | 97 | 117 | 107 | 147 | 134 | 82 | 83 | 62 |
| Inventory Days | 15 | 26 | 36 | 39 | 41 | 51 | 66 | 50 | 60 | 41 |
| Payable Days | 47 | 79 | 93 | 135 | 112 | 119 | 131 | 78 | 58 | 44 |
Conart Engineers was promoted by Vinod Sura, as Conart Builders Private Limited, on December 14, 1973. The company is one of the leading companies involved in detailed engineering, procurement and construction of industrial, commercial, residential and infrastructures. The company is backed by a qualified and experienced management, dedicated employees, adequate manpower and equipment resources, and an ISO 9000 certified Quality Management System.
The company has a proven track record of successful project completions, several awards and recognitions, which has enabled it to maintain the existing clientele and secure new ones.
A high level of interaction exists within the organisation. Implementation of ideas is considered from the grass root level, which is the essence of a healthy relationship between the employees and the management.
A performance-based incentive that offers advancement in the hierarchy is an added motivation for the employees.
Current projects of the company:
Clientele:
Advani Oerlikon Ltd, Mumbai , Astral Glass Pvt. Ltd, Mumbai, Bell Ceramics Ltd, Vadodara, Chirag Pack India Pvt. Ltd, Mumbai, Conway Printers Pvt. Ltd, Mumbai, Denta Brushes Pvt. Ltd, Vadodara, General Motors India Limited, Halol ( Gujarat ), Hindustan Gum & Chemicals Ltd, Ahmedabad, Indrox Global Pvt. Ltd, Delhi Jewel Brushes Pvt. Ltd, Vadodara and many more.
The company has undertaken construction for various industries
Achievements/ recognition:
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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