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Last Updated on: 23 April, 2024|Author: Getaka | Social: X Twitter Profile
Stock Ticker - BSE: 543230 | NSE: ADVAIT

Fundamental Analysis of Advait Infratech Ltd

Basic Stock Data

Last Updated: April 23, 2024, 7:01 am

Market Cap 1,696 Cr.
Current Price 1,663
High / Low1,663/270
Stock P/E
Book Value 57.2
Dividend Yield0.00 %
ROCE28.7 %
ROE21.7 %
Face Value 10.0

Data Source:

Competitors of Advait Infratech Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Diamond Power Infrastructure Ltd 3,486 Cr. 662662/22.1 1840.00 %11.4 %% 10.0
Universal Cables Ltd 1,976 Cr. 569612/35019.6 4810.53 %12.0 %8.46 % 10.0
Polycab India Ltd 82,644 Cr. 5,4975,733/3,12049.7 4790.36 %27.0 %20.0 % 10.0
KEI Industries Ltd 34,736 Cr. 3,8494,043/1,71563.1 3170.09 %25.8 %20.2 % 2.00
BC Power Controls Ltd 36.3 Cr. 5.207.27/3.4024.0 6.120.00 %3.65 %1.75 % 2.00
Industry Average24,575.66 Cr2,116.4431.28293.420.20%15.97%10.08%6.80

Quarterly Result

MonthSep 2022Dec 2022Jun 2023Sep 2023Dec 2023
Operating Profit4.055.403.418.0912.19
OPM %14.50%21.30%12.52%16.86%16.81%
Other Income0.36-
Profit before tax3.
Tax %23.34%23.13%31.13%24.96%25.10%
Net Profit2.443.301.464.987.73
EPS in Rs2.393.241.434.887.58

Last Updated: April 10, 2024, 5:42 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: April 6, 2024, 1:35 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Operating Profit11-5-31674561017
OPM %10%12%-13%-31%12%21%16%15%13%11%13%17%
Other Income009511202111
Profit before tax11422794671014
Tax %30%28%32%32%32%33%26%27%27%27%26%26%
Net Profit0131146345710
EPS in Rs3.805.854.736.999.80
Dividend Payout %0%0%0%0%0%0%0%0%13%11%7%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

YoY Net Profit Growth (%)200.00%-66.67%0.00%300.00%50.00%-50.00%33.33%25.00%40.00%42.86%
Change in YoY Net Profit Growth (%)0.00%-266.67%66.67%300.00%-250.00%-100.00%83.33%-8.33%15.00%2.86%


Compounded Sales Growth
10 Years:33%
5 Years:19%
3 Years:36%
Compounded Profit Growth
10 Years:35%
5 Years:10%
3 Years:34%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:283%
1 Year:373%
Return on Equity
10 Years:24%
5 Years:19%
3 Years:19%
Last Year:22%

Last Updated: April 16, 2024, 11:51 am

Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital000000044551010
Other Liabilities117681216161416234338
Total Liabilities22111214233337415171108120
Fixed Assets001112222231823
Other Assets11101091216232838447884
Total Assets22111214233337415171108120

Reserves and Borrowings Chart

Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 000000002-1713
Cash from Investing Activity 0000000000-14-6
Cash from Financing Activity 00000000-0542
Net Cash Flow0000000124-39

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow1.001.00-5.00-

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

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days573044160731049813393115129161
Inventory Days00971271430304458
Days Payable285169153139195134148194
Cash Conversion Cycle573044160-115-54-488-72102524
Working Capital Days-113332048843246138635548
ROCE %103%70%152%37%28%79%63%23%27%23%25%29%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Dec 2023
No. of Shareholders3681951792902995084,1656,325

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
Basic EPS (Rs.)12.6710.4310.771.446.64
Diluted EPS (Rs.)12.6710.4310.771.446.64
Cash EPS (Rs.)12.0213.9613.387.017.65
Book Value[Excl.RevalReserv]/Share (Rs.)42.0172.7859.3051.6550.31
Book Value[Incl.RevalReserv]/Share (Rs.)42.0172.7859.3051.6550.31
Revenue From Operations / Share (Rs.)100.64154.23128.84118.7274.78
PBDIT / Share (Rs.)18.0023.0612.7714.8711.61
PBIT / Share (Rs.)13.9419.538.769.3010.60
PBT / Share (Rs.)11.2917.257.195.8210.52
Net Profit / Share (Rs.)7.9610.439.361.446.64
NP After MI And SOA / Share (Rs.)7.9610.439.361.446.64
PBDIT Margin (%)17.8914.949.9112.5215.52
PBIT Margin (%)13.8512.666.797.8314.17
PBT Margin (%)11.2111.185.584.9014.06
Net Profit Margin (%)7.916.767.261.218.88
NP After MI And SOA Margin (%)7.916.767.261.218.88
Return on Networth / Equity (%)18.9514.3315.782.7813.19
Return on Capital Employeed (%)25.8022.4911.8813.0713.87
Return On Assets (%)7.056.597.291.045.60
Long Term Debt / Equity (X)
Total Debt / Equity (X)
Asset Turnover Ratio (%)
Current Ratio (X)1.401.411.711.351.61
Quick Ratio (X)
Dividend Payout Ratio (NP) (%)6.279.5811.780.000.06
Dividend Payout Ratio (CP) (%)
Earning Retention Ratio (%)93.7390.4288.220.0099.94
Cash Earning Retention Ratio (%)95.8592.8491.760.0099.95
Interest Coverage Ratio (X)6.9510.204.654.27148.05
Interest Coverage Ratio (Post Tax) (X)4.105.623.981.1385.70
Enterprise Value (Cr.)277.5858.9318.960.000.00
EV / Net Operating Revenue (X)2.700.740.280.000.00
MarketCap / Net Operating Revenue (X)2.770.790.400.000.00
Retention Ratios (%)93.7290.4188.210.0099.93
Price / BV (X)6.641.690.870.000.00
Price / Net Operating Revenue (X)2.770.790.400.000.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 189.91

The stock is overvalued by 88.58% compared to the current price ₹1663

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.

*Investments are subject to market risks

Strength and Weakness

  1. The stock has a high average ROCE of 54.92%, which is a positive sign.
  2. The company has higher reserves (18.08 cr) compared to borrowings (3.77 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (37.00 cr) and profit (5.58 cr) over the years.
  1. The stock has a high average Working Capital Days of 55.75, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 5.75, which may not be favorable.

Stock Analysis

  • Based on the analysis of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Advait Infratech Ltd:
    1. Net Profit Margin: 7.91% (Higher values are generally favorable)
      • 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: 25.80% (Industry Average ROCE: 15.97%)
      • 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%: 18.95% (Industry Average ROE: 10.08%)
      • 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): 4.10 (Higher values, preferably > 2, are recommended)
      • 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: 1.18 (Higher values, preferably > 1, are recommended)
      • 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 of N/A (Industry average Stock P/E: 30.82)
      • 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: 0.27 (Lower values, preferably < 1, are preferred)
      • 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.
    While these metrics suggest potential opportunity, it's essential to conduct thorough research or seek advice from financial experts before making any investment decisions.
    Stock Rating: ★★★★★

About the Company

Advait Infratech Ltd. is a Public Limited Listed company incorporated on 15/03/2010 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L45201GJ2010PLC059878 and registration number is 059878. Currently Company is involved in the business activities of Manufacture of fibre optic cables for data transmission or live transmission of images. Company’s Total Operating Revenue is Rs. 72.00 Cr. and Equity Capital is Rs. 5.10 Cr. for the Year ended 31/03/2022.
Cables - Power/OthersA-801 To 803 Sankalp Iconic, Opp. Vikram Nagar, Ahmedabad Gujarat
NamePosition Held
Mr. Shalin ShethPromoter Managing Director
Mrs. Rejal ShethWhole Time Director
Mr. Dinesh PatelNon Executive Director
Mr. Bajrangprasad MaheshwariIndependent Director
Mr. Ramesh Kumar AgrawalIndependent Director
Mr. Pramod Kumar RaiNon Executive Director

Advait Infratech Ltd. Share Price Update

Share PriceValue
Previous Day₹1,583.45


What is the latest fair value of Advait Infratech Ltd?

The latest fair value of Advait Infratech Ltd is 189.91.

What is the Market Cap of Advait Infratech Ltd?

The Market Cap of Advait Infratech Ltd is 1,696 Cr..

What is the current Stock Price of Advait Infratech Ltd as on 23 April 2024?

The current stock price of Advait Infratech Ltd as on 23 April 2024 is 1,663.

What is the High / Low of Advait Infratech Ltd stocks in FY 2024?

In FY 2024, the High / Low of Advait Infratech Ltd stocks is ₹1,663/270.

What is the Stock P/E of Advait Infratech Ltd?

The Stock P/E of Advait Infratech Ltd is .

What is the Book Value of Advait Infratech Ltd?

The Book Value of Advait Infratech Ltd is 57.2.

What is the Dividend Yield of Advait Infratech Ltd?

The Dividend Yield of Advait Infratech Ltd is 0.00 %.

What is the ROCE of Advait Infratech Ltd?

The ROCE of Advait Infratech Ltd is 28.7 %.

What is the ROE of Advait Infratech Ltd?

The ROE of Advait Infratech Ltd is 21.7 %.

What is the Face Value of Advait Infratech Ltd?

The Face Value of Advait Infratech Ltd is 10.0.

About the Author

Author Avatar

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Advait Infratech Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE