BSE: 543971 | NSE: | Telecom-Infrastructure | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Bondada Engineering Ltd is a average quality company.
The key valuation ratios of Bondada Engineering 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 Bondada Engineering 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 % ⓘ | 13.7% | 18.8% | 20.5% | 33.6% | - |
| Value Creation Index ⓘ | 0.0 | 0.4 | 0.5 | 1.4 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||
| Sales ⓘ | 287 | 300 | 331 | 741 | 741 |
| Sales YoY Gr. | - | 4.5% | 10.3% | 124.1% | - |
| Adj EPS ⓘ | 0.8 | 1.3 | 1.9 | 3.8 | 3.8 |
| YoY Gr. | - | 72.4% | 47.3% | 94.8% | - |
| BVPS (₹) ⓘ | 6.2 | 7.5 | 9.7 | 14.5 | 14.5 |
| Adj Net Profit ⓘ | 5.9 | 10.2 | 15.4 | 40.6 | 41 |
| Cash Flow from Ops. ⓘ | -2.6 | 23.9 | -29.9 | 45.3 | - |
| Debt/CF from Ops. ⓘ | -18.2 | 1.6 | -2.7 | 1.3 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 37.2% | 124.1% | ||||
| Adj EPS ⓘ | NA | NA | 70.4% | 94.8% | ||||
| BVPSⓘ | NA | NA | 32.8% | 49.7% | ||||
| Share Price | - | - | - | 719% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| Return on Equity % ⓘ | 12.2 | 19 | 22.7 | 34.7 | 25.9 |
| Op. Profit Mgn % ⓘ | 4.8 | 6.2 | 7.4 | 8 | NAN |
| Net Profit Mgn % ⓘ | 2.1 | 3.4 | 4.7 | 5.5 | 5.5 |
| Debt to Equity ⓘ | 1 | 0.6 | 1.1 | 0.4 | - |
| Working Cap Days ⓘ | 0 | 181 | 188 | 145 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 110 | 116 | 67 | 0 |
Return on Equity has increased versus last 3 years average to 25.90%
Sales growth is growing at healthy rate in last 3 years 37.20%
Net Profit is growing at healthy rate in last 3 years 70.40%
Debt to equity has declined versus last 3 years average to 0.39
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 3.8 | 4.1 |
| TTM Sales (₹ Cr.) | 741 | 801 |
| BVPS (₹.) ⓘ | 14.5 | 15 |
| Reserves (₹ Cr.) ⓘ | 135 | 141 |
| P/BV ⓘ | 44.13 | 42.69 |
| PE ⓘ | 170.66 | 154.95 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 74.01 / 753.98 |
| All Time Low / High (₹) | 28.50 / 753.98 |
| Market Cap (₹ Cr.) | 6,930 |
| Equity (₹ Cr.) | 21.6 |
| Face Value (₹) | 2 |
| Industry PE ⓘ | 44 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Sales | 287 | 300 | 331 | 741 |
| Operating Expenses ⓘ | 273 | 282 | 306 | 682 |
| Manufacturing Costs | 118 | 102 | 120 | 166 |
| Material Costs | 73 | 144 | 162 | 480 |
| Employee Cost | 69 | 28 | 17 | 24 |
| Other Costs ⓘ | 13 | 8 | 7 | 12 |
| Operating Profit ⓘ | 14 | 19 | 24 | 59 |
| Operating Profit Margin (%) | 4.8% | 6.2% | 7.4% | 8.0% |
| Other Income ⓘ | 1 | 0 | 2 | 4 |
| Interest ⓘ | 4 | 3 | 6 | 9 |
| Depreciation ⓘ | 2 | 1 | 1 | 0 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 9 | 14 | 20 | 54 |
| Tax ⓘ | 2 | 4 | 5 | 14 |
| Profit After Tax | 7 | 10 | 15 | 41 |
| PAT Margin (%) | 2.3% | 3.4% | 4.7% | 5.5% |
| Adjusted EPS (₹) | 0.9 | 1.3 | 1.9 | 3.8 |
| Dividend Payout Ratio (%) | 0% | 2% | 1% | 1% |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 48 | 59 | 77 | 157 | ||||||
| Share Capital ⓘ | 1 | 1 | 16 | 22 | ||||||
| Reserves ⓘ | 48 | 58 | 61 | 135 | ||||||
| Minority Interest | 0 | 0 | 0 | 0 | ||||||
| Debt | 44 | 35 | 81 | 59 | ||||||
| Long Term Debt | 6 | 2 | 2 | 15 | ||||||
| Short Term Debt | 37 | 32 | 79 | 45 | ||||||
| Trade Payables | 35 | 25 | 40 | 151 | ||||||
| Others Liabilities ⓘ | 41 | 36 | 32 | 106 | ||||||
| Total Liabilities ⓘ | 168 | 154 | 230 | 474 | ||||||
Fixed Assets | ||||||||||
| Gross Block | 8 | 9 | 12 | 35 | ||||||
| Accumulated Depreciation | 3 | 3 | 4 | 4 | ||||||
| Net Fixed Assetsⓘ | 5 | 5 | 8 | 30 | ||||||
| CWIP ⓘ | 0 | 0 | 0 | 2 | ||||||
| Investmentsⓘ | 0 | 10 | 8 | 9 | ||||||
| Inventories | 53 | 38 | 49 | 123 | ||||||
| Trade Receivables | 80 | 74 | 120 | 189 | ||||||
| Cash Equivalents | 5 | 0 | 11 | 47 | ||||||
| Others Assetsⓘ | 25 | 26 | 34 | 73 | ||||||
| Total Assets ⓘ | 168 | 154 | 230 | 474 | ||||||
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -3 | 24 | -30 | 45 |
| PBT ⓘ | 12 | 14 | 20 | 54 |
| Adjustment ⓘ | 6 | 4 | 6 | 4 |
| Changes in Working Capital ⓘ | -20 | 5 | -52 | -3 |
| Tax Paid ⓘ | 0 | 0 | -4 | -9 |
| Cash Flow From Investing Activity ⓘ | 4 | -16 | -11 | -59 |
| Capex | 6 | -1 | -3 | -23 |
| Net Investments | 0 | -10 | 2 | -1 |
| Others ⓘ | -3 | -4 | -10 | -35 |
| Cash Flow From Financing Activityⓘ | 3 | -13 | 42 | 13 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 3 | 43 |
| Net Proceeds from Borrowing ⓘ | 1 | -4 | 44 | -20 |
| Interest Paid ⓘ | -4 | -3 | -5 | -7 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 |
| Others ⓘ | 5 | -6 | 0 | -3 |
| Net Cash Flow ⓘ | 4 | -5 | 1 | -1 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 13.94 | 19.1 | 22.76 | 34.67 | ||||||
| ROCE (%) | 13.69 | 18.8 | 20.46 | 33.6 | ||||||
| Asset Turnover Ratio | 1.71 | 1.86 | 1.73 | 2.11 | ||||||
| PAT to CFO Conversion(x) | -0.43 | 2.4 | -2 | 1.1 | Working Capital Days | |||||
| Receivable Days | 102 | 94 | 107 | 76 | ||||||
| Inventory Days | 68 | 56 | 48 | 42 | ||||||
| Payable Days | 177 | 77 | 73 | 73 | ||||||
The company was incorporated as ‘Bondada Engineering Private Limited’ as private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated March 29, 2012, issued by the Assistant Registrar of Companies, Andhra Pradesh. Subsequently, the company was converted into a public limited company pursuant to a special resolution passed by its shareholders at an Extra-ordinary General Meeting held on March 17, 2023, and the name of company was changed to ‘Bondada Engineering Limited’ and a fresh certificate of incorporation consequent upon conversion dated May 31, 2023, was issued by the Registrar of Companies, Hyderabad.
The company is an ISO 9001:2015 certified integrated infrastructure company engaged in the business of providing engineering, procurement and construction (EPC) services and operations and maintenance (O&M) services to its pan India customers operating in telecom and solar energy industry. Its expertise lies in providing core design and engineering services and O&M services in infrastructure space with proven multiple projects execution track record with its knowledge-based approach and an experienced team of many employees. It provides passive telecom infrastructure services which include turnkey services for cell site construction, erection, operation and maintenance of telecom towers with civil, electrical and mechanical works; supply of poles and towers, laying and maintenance of optical fiber cables, supply of power equipment and other telecom infrastructure related services to major telecom companies and telecom tower operators in India.
It also provides O&M services to telecom and tower operating companies such as cell site maintenance with preventive and corrective maintenance of passive infrastructure and equipment’s, backup power systems, manning services and supply of riggers, surveillance, and corrective maintenance of optical fiber cable routes and other maintenance related facilities. Its tower manufacturing facility located at Medchal District, Telangana, for tower fabrication has been the backbone for its Telecom Tower EPC business.
Business area of the company
The company engaged in the business of providing engineering, procurement and construction (EPC) services and operations and maintenance (O&M) services to its pan India customers operating in telecom and solar energy industry.
Awards, accreditations & recognition
History and milestone
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