BSE: 0 | NSE: K2INFRA | Engineering - Construction | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that K2 Infragen Ltd is a below average quality company.
The key valuation ratios of K2 Infragen Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of K2 Infragen 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'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| ROCE % ⓘ | 8.8% | -4.9% | 58.9% | 36% | - |
| Value Creation Index ⓘ | -0.4 | -1.4 | 3.2 | 1.6 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||
| Sales ⓘ | 35.5 | 20 | 66.6 | 109 | 109 |
| Sales YoY Gr. | - | -43.6% | 232.6% | 63.4% | - |
| Adj EPS ⓘ | 0.5 | -3.6 | 12.9 | 13.6 | 9.9 |
| YoY Gr. | - | -807.8% | NA | 5.1% | - |
| BVPS (₹) ⓘ | 1.9 | 1.6 | 15.9 | 34.6 | 57.4 |
| Adj Net Profit ⓘ | 0.3 | -3 | 11.3 | 12.5 | 13 |
| Cash Flow from Ops. ⓘ | -3 | -1.4 | -0.6 | 5.2 | - |
| Debt/CF from Ops. ⓘ | -6.1 | -14.7 | -41 | 4.9 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 45.3% | 63.4% | ||||
| Adj EPS ⓘ | NA | NA | 198.5% | 5.1% | ||||
| BVPSⓘ | NA | NA | 163.5% | 116.9% | ||||
| Share Price | - | - | - | - | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| Return on Equity % ⓘ | 26.8 | -244.8 | 148.4 | 42.4 | 21.6 |
| Op. Profit Mgn % ⓘ | 7 | 1.6 | 29 | 19.2 | NAN |
| Net Profit Mgn % ⓘ | 0.9 | -15 | 17 | 11.5 | 11.5 |
| Debt to Equity ⓘ | 15.8 | 16 | 1.7 | 0.8 | - |
| Working Cap Days ⓘ | 0 | 227 | 160 | 189 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 143 | 64 | 90 | 0 |
Return on Equity has increased versus last 3 years average to 21.60%
Sales growth is growing at healthy rate in last 3 years 45.26%
Net Profit is growing at healthy rate in last 3 years 198.54%
Debt to equity has declined versus last 3 years average to 0.79
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 9.9 | 9.9 |
| TTM Sales (₹ Cr.) | 109 | 109 |
| BVPS (₹.) ⓘ | 57.4 | 57.3 |
| Reserves (₹ Cr.) ⓘ | 60 | 60 |
| P/BV ⓘ | 3.50 | 3.50 |
| PE ⓘ | 20.27 | 20.35 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 253 |
| Equity (₹ Cr.) | 12.6 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 35.9 |
| Pledged * | 0.00 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Sales | 35 | 20 | 67 | 109 |
| Operating Expenses ⓘ | 33 | 20 | 47 | 88 |
| Manufacturing Costs | 11 | 8 | 18 | 52 |
| Material Costs | 20 | 9 | 18 | 22 |
| Employee Cost | 2 | 2 | 3 | 5 |
| Other Costs ⓘ | 1 | 1 | 8 | 9 |
| Operating Profit ⓘ | 2 | 0 | 19 | 21 |
| Operating Profit Margin (%) | 7.0% | 1.6% | 29.0% | 19.2% |
| Other Income ⓘ | 0 | 0 | 0 | 1 |
| Interest ⓘ | 1 | 2 | 2 | 3 |
| Depreciation ⓘ | 1 | 2 | 2 | 2 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 1 | -3 | 15 | 17 |
| Tax ⓘ | 0 | 0 | 4 | 4 |
| Profit After Tax | 0 | -3 | 11 | 13 |
| PAT Margin (%) | 0.9% | -15.0% | 16.9% | 11.5% |
| Adjusted EPS (₹) | 0.5 | -3.6 | 12.9 | 13.6 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 1 | 1 | 14 | 32 | ||||||
| Share Capital ⓘ | 2 | 2 | 2 | 9 | ||||||
| Reserves ⓘ | 0 | -1 | 12 | 23 | ||||||
| Minority Interest | 0 | 0 | 0 | 0 | ||||||
| Debt | 18 | 21 | 20 | 23 | ||||||
| Long Term Debt | 11 | 9 | 3 | 3 | ||||||
| Short Term Debt | 8 | 11 | 17 | 20 | ||||||
| Trade Payables | 2 | 2 | 13 | 20 | ||||||
| Others Liabilities ⓘ | 1 | 1 | 10 | 25 | ||||||
| Total Liabilities ⓘ | 22 | 25 | 56 | 100 | ||||||
Fixed Assets | ||||||||||
| Gross Block | 11 | 12 | 10 | 12 | ||||||
| Accumulated Depreciation | 1 | 3 | 2 | 3 | ||||||
| Net Fixed Assetsⓘ | 10 | 10 | 8 | 9 | ||||||
| CWIP ⓘ | 0 | 0 | 0 | 0 | ||||||
| Investmentsⓘ | 0 | 1 | 1 | 1 | ||||||
| Inventories | 1 | 1 | 0 | 0 | ||||||
| Trade Receivables | 8 | 10 | 37 | 61 | ||||||
| Cash Equivalents | 1 | 1 | 2 | 22 | ||||||
| Others Assetsⓘ | 3 | 3 | 8 | 7 | ||||||
| Total Assets ⓘ | 22 | 25 | 56 | 100 | ||||||
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -3 | -1 | -1 | 5 |
| PBT ⓘ | 1 | -3 | 15 | 17 |
| Adjustment ⓘ | 2 | 4 | 6 | 9 |
| Changes in Working Capital ⓘ | -6 | -2 | -18 | -18 |
| Tax Paid ⓘ | 0 | 0 | -4 | -2 |
| Cash Flow From Investing Activity ⓘ | -6 | -2 | -1 | -22 |
| Capex | -5 | -1 | -1 | -3 |
| Net Investments | -1 | -1 | -1 | -20 |
| Others ⓘ | 0 | 0 | 0 | 0 |
| Cash Flow From Financing Activityⓘ | 8 | 3 | 2 | 17 |
| Net Proceeds from Shares ⓘ | 2 | 3 | 1 | 19 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 2 | -9 |
| Interest Paid ⓘ | -1 | -2 | -2 | -3 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 |
| Others ⓘ | 8 | 2 | 1 | 10 |
| Net Cash Flow ⓘ | 0 | 0 | 0 | 0 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 26.76 | -244.81 | 148.05 | 54.6 | ||||||
| ROCE (%) | 8.81 | -4.88 | 58.88 | 36.01 | ||||||
| Asset Turnover Ratio | 1.6 | 0.85 | 1.63 | 1.39 | ||||||
| PAT to CFO Conversion(x) | N/A | N/A | -0.09 | 0.38 | Working Capital Days | |||||
| Receivable Days | 82 | 160 | 126 | 163 | ||||||
| Inventory Days | 9 | 18 | 0 | 0 | ||||||
| Payable Days | 38 | 77 | 145 | 271 | ||||||
K2 Infragen Limited was originally incorporated as ‘K2 Powergen Private Limited’ under the provisions of Companies Act, 2013 vide Certificate of Incorporation dated March 5, 2015 issued by Registrar of Companies, Delhi. Subsequently the name of the Company was changed from ‘K2 Powergen Private Limited’ to ‘K2 Infragen Private limited’ vide Special Resolution passed by the shareholders at the Extra-Ordinary General Meeting held on February 13, 2017 vide fresh Certificate of Incorporation granted pursuant to change of name to the Company dated March 14, 2017 by Registrar of Companies Registrar of Companies, Delhi. Subsequently the company was converted into a Public Limited Company vide Special Resolution passed by the shareholders at the Extra-Ordinary General Meeting held on September 28, 2023 and consequently the name of the Company was changed from ‘K2 Infragen Private Limited’ to ‘K2 Infragen Limited’ vide fresh Certificate of Incorporation consequent upon conversion to public company dated November 06, 2023 by Registrar of Companies, Delhi.
The company is an integrated engineering, procurement and construction (EPC) with a focus on Power Engineering and Project Engineering having experience in design and construction of various projects across many States in India viz. Uttar Pradesh, Rajasthan, Madhya Pradesh, Karnataka, Haryana, Gujarat, Punjab & Delhi. It provides its services across the value chain, ranging from design, procurement, construction supervision, subcontract management and work order management to post-construction activities to its clients.
The scope of the company’s services includes detailed design & engineering of the project, procurement of key materials, and project execution at the sites with overall project management up to the commissioning of the projects. It has design and engineering, procurement, project management and quality management teams along with fleet of 13 construction equipment and 25 vehicles. Majorly its in-house teams deliver its projects from design to completion. This reduces its dependency on third parties for key materials such as stone aggregates, bitumen and services such as design and engineering, transportation and logistics required in the development and construction of its projects.
The company is specializing in the procurement of materials such as non-ferrous waste from the open market and, at times, through auction processes. These materials are carefully selected and segregated based on the specific quality requirements outlined by customers. This meticulous process ensures that the materials supplied to customers meet their exact specifications, contributing to the evolving relationship with customers. By serving as an intermediary that bridges the gap between material sourcing and supply through mark-up model, its trading business plays a pivotal role in optimizing the supply chain and supporting various stakeholders in the value chain.
Business area of the company
The company is mainly engaged in infrastructure and auxiliary activities. The company is an integrated engineering, procurement and construction (EPC) with a focus on Power Engineering and Project Engineering having experience in design and construction of various projects across many states.
Awards, accreditations or recognitions
History and milestones
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.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
