BSE: 0 | NSE: VLINFRA | Engineering - Construction | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that VL Infraprojects Ltd is a average quality company.
The key valuation ratios of VL Infraprojects Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of VL Infraprojects 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 % ⓘ | 18.7% | 18.9% | 23.6% | 39.5% | - |
| Value Creation Index ⓘ | 0.3 | 0.4 | 0.7 | 1.8 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||
| Sales ⓘ | 30.7 | 35.6 | 45.6 | 114 | 114 |
| Sales YoY Gr. | - | 15.7% | 28.2% | 150.1% | - |
| Adj EPS ⓘ | 0.8 | 1.1 | 2 | 5.4 | 3.9 |
| YoY Gr. | - | 33.3% | 82.4% | 175.6% | - |
| BVPS (₹) ⓘ | 6 | 7.1 | 9 | 14.5 | 22.2 |
| Adj Net Profit ⓘ | 0.8 | 1.1 | 2.2 | 6.1 | 6 |
| Cash Flow from Ops. ⓘ | 0.5 | -2.4 | 1.1 | -1.8 | - |
| Debt/CF from Ops. ⓘ | 13.4 | -4.1 | 8.8 | -9.4 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 54.8% | 150.1% | ||||
| Adj EPS ⓘ | NA | NA | 88.6% | 175.6% | ||||
| BVPSⓘ | NA | NA | 33.8% | 60.1% | ||||
| Share Price | - | - | - | - | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| Return on Equity % ⓘ | 13.4 | 16.4 | 25.4 | 46.2 | 21.3 |
| Op. Profit Mgn % ⓘ | 8 | 8.8 | 10.4 | 9.6 | NAN |
| Net Profit Mgn % ⓘ | 2.7 | 3.1 | 4.9 | 5.4 | 5.4 |
| Debt to Equity ⓘ | 1.1 | 1.4 | 1 | 1 | - |
| Working Cap Days ⓘ | 0 | 161 | 173 | 124 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 52 | 38 | -1 | 0 |
Sales growth is growing at healthy rate in last 3 years 54.79%
Net Profit is growing at healthy rate in last 3 years 88.56%
Return on Equity has declined versus last 3 years average to 21.30%
Debt to equity has increased versus last 3 years average to 1.01
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 3.9 | - |
| TTM Sales (₹ Cr.) | 114 | - |
| BVPS (₹.) ⓘ | 22.2 | - |
| Reserves (₹ Cr.) ⓘ | 19 | - |
| P/BV ⓘ | 2.51 | - |
| PE ⓘ | 14.27 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 87.6 |
| Equity (₹ Cr.) | 15.7 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 37.9 |
| Pledged * | 0.00 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Sales | 30.72 | 35.55 | 45.56 | 113.93 |
| Operating Expenses ⓘ | 28.27 | 32.42 | 40.84 | 103.03 |
| Manufacturing Costs | 14.29 | 15.97 | 12.30 | 25.35 |
| Material Costs | 12.28 | 14.86 | 26.47 | 74.69 |
| Employee Cost | 1.20 | 1.06 | 1.19 | 1.47 |
| Other Costs ⓘ | 0.49 | 0.53 | 0.88 | 1.51 |
| Operating Profit ⓘ | 2.46 | 3.14 | 4.72 | 10.90 |
| Operating Profit Margin (%) | 8.0% | 8.8% | 10.4% | 9.6% |
| Other Income ⓘ | 0.05 | 0.05 | 0.09 | 0.07 |
| Interest ⓘ | 1.21 | 1.30 | 1.34 | 1.97 |
| Depreciation ⓘ | 0.12 | 0.35 | 0.38 | 0.49 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 1.18 | 1.54 | 3.09 | 8.52 |
| Tax ⓘ | 0.35 | 0.44 | 0.86 | 2.38 |
| Profit After Tax | 0.83 | 1.11 | 2.23 | 6.14 |
| PAT Margin (%) | 2.7% | 3.1% | 4.9% | 5.4% |
| Adjusted EPS (₹) | 0.8 | 1.1 | 2.0 | 5.4 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 6.20 | 7.31 | 10.22 | 16.36 | ||||||
| Share Capital ⓘ | 2.74 | 2.74 | 7.54 | 11.30 | ||||||
| Reserves ⓘ | 3.46 | 4.57 | 2.69 | 5.06 | ||||||
| Minority Interest | 0 | 0 | 0 | 0 | ||||||
| Debt | 5.09 | 9.15 | 9.05 | 15.67 | ||||||
| Long Term Debt | 2.68 | 2.38 | 1.65 | 2.13 | ||||||
| Short Term Debt | 2.41 | 6.77 | 7.40 | 13.54 | ||||||
| Trade Payables | 2.70 | 1.23 | 5.98 | 21.70 | ||||||
| Others Liabilities ⓘ | 2.42 | 1.87 | 3.11 | 3.18 | ||||||
| Total Liabilities ⓘ | 16.41 | 19.55 | 28.36 | 56.91 | ||||||
Fixed Assets | ||||||||||
| Gross Block | 2.27 | 2.77 | 3.05 | 5.05 | ||||||
| Accumulated Depreciation | 0.46 | 0.80 | 1.19 | 1.68 | ||||||
| Net Fixed Assetsⓘ | 1.81 | 1.96 | 1.87 | 3.38 | ||||||
| CWIP ⓘ | 0.34 | 0 | 0 | 0.60 | ||||||
| Investmentsⓘ | 0 | 0.25 | 0.10 | 0 | ||||||
| Inventories | 1.62 | 1.90 | 2.82 | 3.02 | ||||||
| Trade Receivables | 5.65 | 5.32 | 7.58 | 16.63 | ||||||
| Cash Equivalents | 0.09 | 0.22 | 0.34 | 1.78 | ||||||
| Others Assetsⓘ | 6.90 | 9.91 | 15.65 | 31.50 | ||||||
| Total Assets ⓘ | 16.41 | 19.55 | 28.36 | 56.91 | ||||||
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 0.49 | -2.44 | 1.14 | -1.75 |
| PBT ⓘ | 1.18 | 1.54 | 3.09 | 8.52 |
| Adjustment ⓘ | 1.27 | 1.60 | 1.63 | 2.39 |
| Changes in Working Capital ⓘ | -1.76 | -5.25 | -3.18 | -11.78 |
| Tax Paid ⓘ | -0.20 | -0.32 | -0.40 | -0.87 |
| Cash Flow From Investing Activity ⓘ | -1.33 | -0.20 | -0.56 | -1.80 |
| Capex | -1.10 | -0.16 | -0.28 | -2.60 |
| Net Investments | 0 | -0.25 | 0.15 | 0.10 |
| Others ⓘ | -0.23 | 0.21 | -0.43 | 0.70 |
| Cash Flow From Financing Activityⓘ | 0.61 | 2.77 | -0.46 | 4.99 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0.69 | 0 |
| Net Proceeds from Borrowing ⓘ | 0.85 | 0.32 | -0.48 | 0.87 |
| Interest Paid ⓘ | -1.21 | -1.30 | -1.34 | -1.97 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 |
| Others ⓘ | 0.97 | 3.75 | 0.67 | 6.09 |
| Net Cash Flow ⓘ | -0.23 | 0.13 | 0.12 | 1.44 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 13.44 | 16.37 | 25.41 | 46.2 | ||||||
| ROCE (%) | 18.69 | 18.88 | 23.6 | 39.47 | ||||||
| Asset Turnover Ratio | 1.87 | 1.98 | 1.9 | 2.67 | ||||||
| PAT to CFO Conversion(x) | 0.59 | -2.2 | 0.51 | -0.29 | Working Capital Days | |||||
| Receivable Days | 67 | 56 | 52 | 39 | ||||||
| Inventory Days | 19 | 18 | 19 | 9 | ||||||
| Payable Days | 80 | 48 | 50 | 68 | ||||||
V.L. Infraprojects Limited was originally incorporated as ‘V.L.Infraprojects Private Limited’ as a private limited company under the provisions of the Companies Act, 2013 and received a certificate of incorporation dated December 19, 2014 from the Registrar of Companies, Gujarat. Later the Company was converted into a Public Limited Company pursuant to special resolution passed by its shareholders in the Extra-ordinary General Meeting of the company held on August 22, 2023 and the name of the company was changed to ‘V.L.Infraprojects Limited’. A fresh Certificate of Incorporation consequent upon Conversion from Private Limited Company to Public Limited Company dated September 01, 2023 was issued by the Registrar of Companies, Ahmedabad.
V.L. Infraprojects is a Government Approved Contractor in ‘AA’ Class with the Government of Gujarat, Civil/Electrical Contractor License from Karnataka State Public Works department, Special class registration in Government of Telangana and contractor registration in Government of Madhya Pradesh. The company provides designing, construction, and commissioning of various types of government projects especially in water infrastructure and irrigation segment.
The company is engaged in executing water supply and sewerage infrastructure projects mainly involving the procurement of pipes and their laying, joining, and commissioning with backward integration including all allied civil engineering works like construction of civil work, pumping stations and installation of electro-mechanical equipment’s (pumping machinery) for distribution of water supply from the river to household. It also provides operations & maintenance services for water distribution pipelines.
The company began its operations focusing on water pipeline projects in Gujarat. It has since expanded its services to encompass all aspects of road construction, irrigation, water infrastructure, and environmental projects. It has locational presence in the state of Madhya Pradesh, Telangana, Maharashtra, and Gujarat. It is committed to maintaining the highest standards, the same is evident by the ISO 9001:2015 certification for quality management, ISO 14001:2015 certification for environmental management, and ISO 45001:2018 certification for occupational health and safety management systems.
Business area of the company
The company is engaged in the business of construction, laying and commissioning contracts in various infrastructure projects like water pipeline construction and irrigation, Building and road construction.
Services of the company
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
Limited to the first 10 users today!
Practical Stock Investing Hand Book
By - Raymond Moses
Founder of MoneyWorks4Me | Consultant | Trainer | Author | TEDx Speaker
Register & Get Instant Access!Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
