Bondada Engineering Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2025)

Share Price and Basic Stock Data

Last Updated: January 14, 2025, 11:41 pm

Market Cap	5,950 Cr.
Current Price	551
High / Low	754/87.0
Stock P/E	90.9
Book Value	19.7
Dividend Yield	0.01 %
ROCE	35.5 %
ROE	37.2 %
Face Value	2.00
PEG Ratio	-3.02

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Bondada Engineering Ltd

Competitors of Bondada Engineering Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Bondada Engineering Ltd	5,950 Cr.	551	754/87.0	90.9	19.7	0.01 %	35.5 %	37.2 %	2.00
Industry Average	5,950.00 Cr	551.00		90.90	19.70	0.01%	35.50%	37.20%	2.00

All Competitor Stocks of Bondada Engineering Ltd

Quarterly Result

Month	Sep 2022	Mar 2023	Sep 2023	Mar 2024
Sales	117	254	296	505
Expenses	108	234	275	457
Operating Profit	9	19	20	48
OPM %	7%	8%	7%	10%
Other Income	0	2	1	2
Interest	2	4	4	5
Depreciation	1	1	1	-0
Profit before tax	6	17	17	45
Tax %	26%	24%	13%	29%
Net Profit	4	13	15	31
EPS in Rs	10.61	1.59	1.36	2.78

Last Updated: October 7, 2024, 8:27 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 23, 2024, 2:55 pm

Month	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	224	229	287	334	371	801
Expenses	205	211	271	314	341	732
Operating Profit	19	18	16	20	30	68
OPM %	9%	8%	6%	6%	8%	9%
Other Income	0	0	1	0	0	3
Interest	2	2	4	3	6	9
Depreciation	2	2	2	2	2	1
Profit before tax	16	14	12	15	23	62
Tax %	29%	27%	21%	31%	25%	25%
Net Profit	11	10	9	10	17	46
EPS in Rs	27.71	24.76	22.46	24.73	2.11	4.14
Dividend Payout %	-0%	-0%	-0%	2%	1%	1%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-9.09%	-10.00%	11.11%	70.00%	170.59%
Change in YoY Net Profit Growth (%)	0.00%	-0.91%	21.11%	58.89%	100.59%

Bondada Engineering Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 5 years from 2019-2020 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	29%
3 Years:	41%
TTM:	79%

Compounded Profit Growth
10 Years:	%
5 Years:	32%
3 Years:	75%
TTM:	140%

Stock Price CAGR
10 Years:	%
5 Years:	%
3 Years:	%
1 Year:	506%

Return on Equity
10 Years:	%
5 Years:	28%
3 Years:	30%
Last Year:	37%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 5:39 pm

Month	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	0.82	0.82	0.82	0.82	16	22	22
Reserves	28	38	47	57	62	141	191
Borrowings	26	40	47	38	84	62	116
Other Liabilities	52	60	76	62	89	280	336
Total Liabilities	107	140	171	158	251	505	665
Fixed Assets	14	13	13	13	15	41	51
CWIP	0	0	0	0	0	2	14
Investments	0	0	0	1	2	2	7
Other Assets	92	126	158	144	235	460	593
Total Assets	107	140	171	158	251	505	665

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	4	-18	3	11	-32	54
Cash from Investing Activity +	-5	-1	-2	-2	-12	-62
Cash from Financing Activity +	6	12	3	-12	45	11
Net Cash Flow	5	-6	4	-3	0	3

Free Cash Flow

Month	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-7.00	-22.00	-31.00	-18.00	-54.00	6.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	74	125	108	86	126	94
Inventory Days	133	184	282	100	118	96
Days Payable	138	152	183	63	89	111
Cash Conversion Cycle	69	157	207	123	155	79
Working Capital Days	54	103	98	88	131	59
ROCE %		24%	16%	19%	21%	36%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	63.33%	63.33%	63.33%	63.33%	63.33%
FIIs	0.01%	0.48%	0.95%	0.60%	0.80%
Public	36.66%	36.20%	35.71%	36.08%	35.89%
No. of Shareholders	1,746	2,183	2,083	3,112	3,790

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	23.14	10.53	6.84	5.91
Diluted EPS (Rs.)	23.14	10.53	6.84	5.91
Cash EPS (Rs.)	21.88	11.92	154.70	136.62
Book Value[Excl.RevalReserv]/Share (Rs.)	77.73	51.81	719.82	582.42
Book Value[Incl.RevalReserv]/Share (Rs.)	77.73	51.81	719.82	582.42
Revenue From Operations / Share (Rs.)	370.67	232.99	4077.48	3501.13
PBDIT / Share (Rs.)	33.09	18.99	251.66	213.04
PBIT / Share (Rs.)	32.65	17.84	229.53	188.68
PBT / Share (Rs.)	28.55	14.33	187.25	141.84
Net Profit / Share (Rs.)	21.44	10.77	132.57	112.26
NP After MI And SOA / Share (Rs.)	20.70	10.52	132.57	112.26
PBDIT Margin (%)	8.92	8.15	6.17	6.08
PBIT Margin (%)	8.80	7.65	5.62	5.38
PBT Margin (%)	7.70	6.15	4.59	4.05
Net Profit Margin (%)	5.78	4.62	3.25	3.20
NP After MI And SOA Margin (%)	5.58	4.51	3.25	3.20
Return on Networth / Equity (%)	27.55	21.35	18.41	19.27
Return on Capital Employeed (%)	37.25	32.63	30.10	27.86
Return On Assets (%)	8.86	6.66	6.87	5.38
Long Term Debt / Equity (X)	0.09	0.05	0.05	0.12
Total Debt / Equity (X)	0.38	1.07	0.64	0.97
Asset Turnover Ratio (%)	2.12	0.00	1.85	0.00
Current Ratio (X)	1.42	1.42	1.50	1.36
Quick Ratio (X)	0.98	1.06	1.03	0.86
Inventory Turnover Ratio (X)	6.06	0.00	2.73	0.00
Dividend Payout Ratio (NP) (%)	0.42	0.97	0.00	0.00
Dividend Payout Ratio (CP) (%)	0.41	0.88	0.00	0.00
Earning Retention Ratio (%)	99.58	99.03	0.00	0.00
Cash Earning Retention Ratio (%)	99.59	99.12	0.00	0.00
Interest Coverage Ratio (X)	8.07	5.41	5.95	4.55
Interest Coverage Ratio (Post Tax) (X)	6.23	4.07	4.14	3.40
Enterprise Value (Cr.)	1858.57	0.00	0.00	0.00
EV / Net Operating Revenue (X)	2.32	0.00	0.00	0.00
EV / EBITDA (X)	26.00	0.00	0.00	0.00
MarketCap / Net Operating Revenue (X)	2.30	0.00	0.00	0.00
Retention Ratios (%)	99.57	99.02	0.00	0.00
Price / BV (X)	11.34	0.00	0.00	0.00
Price / Net Operating Revenue (X)	2.30	0.00	0.00	0.00
EarningsYield	0.02	0.00	0.00	0.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Bondada Engineering Ltd as of January 15, 2025 is: 666.22

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of January 15, 2025, Bondada Engineering Ltd is Undervalued by 20.91% compared to the current share price 551.00

Intrinsic Value of Bondada Engineering Ltd as of January 15, 2025 is: 465.87

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of January 15, 2025, Bondada Engineering Ltd is Overvalued by 15.45% compared to the current share price 551.00

Last 5 Year EPS CAGR: -30.07%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 19.33%, which is a positive sign. The company has higher reserves (80.57 cr) compared to borrowings (59.00 cr), indicating strong financial stability. The company has shown consistent growth in sales (374.33 cr) and profit (23.67 cr) over the years.	The stock has a high average Working Capital Days of 88.83, which may not be favorable. The stock has a high average Cash Conversion Cycle of 131.67, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Bondada Engineering Ltd:
1. Net Profit Margin: 5.78%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 37.25% (Industry Average ROCE: 35.5%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 27.55% (Industry Average ROE: 37.2%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 6.23
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.98
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 90.9 (Industry average Stock P/E: 90.9)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.38
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Bondada Engineering Ltd. is a Public Limited Listed company incorporated on 29/03/2012 and has its registered office in the State of Telangana, India. Company's Corporate Identification Number(CIN) is U28910TG2012PLC080018 and registration number is 080018. Currently Company is involved in the business activities of Construction/erection and maintenance of power, telecommunication and transmission lines. Company's Total Operating Revenue is Rs. 741.42 Cr. and Equity Capital is Rs. 21.60 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Engineering - General	1-1-27/37, Ashok Manoj Nagar, Kapra, Hyderabad Telangana 500062	cs@bondada.net http://www.bondada.net

Management
Name	Position Held
Mr. Raghavendra Rao Bondada	Chairman & Managing Director
Mr. Satyanarayana Baratam	WholeTime Director & CFO
Ms. Neelima Bondada	Non Executive Director
Mr. Sarveswar Reddy Sanivarapu	Ind. Non-Executive Director
Mr. Pasupuleti Venkata Subba Rao	Ind. Non-Executive Director

FAQ

What is the latest intrinsic value of Bondada Engineering Ltd?

The latest intrinsic value of Bondada Engineering Ltd as on 15 January 2025 is ₹666.22, which is 20.91% higher than the current market price of ₹551.00. The stock has a market capitalization of 5,950 Cr. and recorded a high/low of 754/87.0 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹191 Cr and total liabilities of ₹665 Cr.

What is the Market Cap of Bondada Engineering Ltd?

The Market Cap of Bondada Engineering Ltd is 5,950 Cr..

What is the current Stock Price of Bondada Engineering Ltd as on 15 January 2025?

The current stock price of Bondada Engineering Ltd as on 15 January 2025 is 551.

What is the High / Low of Bondada Engineering Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Bondada Engineering Ltd stocks is 754/87.0.

What is the Stock P/E of Bondada Engineering Ltd?

The Stock P/E of Bondada Engineering Ltd is 90.9.

What is the Book Value of Bondada Engineering Ltd?

The Book Value of Bondada Engineering Ltd is 19.7.

What is the Dividend Yield of Bondada Engineering Ltd?

The Dividend Yield of Bondada Engineering Ltd is 0.01 %.

What is the ROCE of Bondada Engineering Ltd?

The ROCE of Bondada Engineering Ltd is 35.5 %.

What is the ROE of Bondada Engineering Ltd?

The ROE of Bondada Engineering Ltd is 37.2 %.

What is the Face Value of Bondada Engineering Ltd?

The Face Value of Bondada Engineering Ltd is 2.00.