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Last Updated on: 05 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 543230 | NSE: ADVAIT

Advait Infratech Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 4, 2024, 9:12 pm

Market Cap 1,922 Cr.
Current Price 1,779
High / Low2,260/362
Stock P/E74.8
Book Value 73.0
Dividend Yield0.08 %
ROCE39.6 %
ROE33.6 %
Face Value 10.0
PEG Ratio1.88

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

View Share Price Target for Advait Infratech Ltd

Competitors of Advait Infratech Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Hindusthan Urban Infrastructure Ltd 360 Cr. 2,4983,550/1,948 2,1300.00 %1.90 %7.09 % 10.0
Dynamic Cables Ltd 1,916 Cr. 791851/33741.0 1380.06 %24.1 %19.3 % 10.0
Cybele Industries Ltd 45.0 Cr. 42.061.0/24.8 55.50.00 %1.56 %0.16 % 10.0
BC Power Controls Ltd 32.7 Cr. 4.697.27/3.61273 5.830.00 %4.88 %1.79 % 2.00
Advait Infratech Ltd 1,922 Cr. 1,7792,260/36274.8 73.00.08 %39.6 %33.6 % 10.0
Industry Average18,741.78 Cr1,616.6198.04379.740.19%16.21%13.22%8.00

All Competitor Stocks of Advait Infratech Ltd

Quarterly Result

MonthSep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales27.9425.3540.6527.2447.9872.5159.7158.15
Expenses23.8919.9534.4823.8339.8960.3748.7549.79
Operating Profit4.055.406.173.418.0912.1410.968.36
OPM %14.50%21.30%15.18%12.52%16.86%16.74%18.36%14.38%
Other Income0.36-0.060.520.200.340.711.240.38
Interest0.590.730.991.121.372.092.000.52
Depreciation0.650.330.720.370.410.440.530.59
Profit before tax3.174.284.982.126.6510.329.677.63
Tax %23.34%23.13%24.70%31.13%24.96%25.10%25.96%23.59%
Net Profit2.443.303.751.464.987.737.165.83
EPS in Rs2.393.243.681.434.887.587.025.71

Last Updated: October 7, 2024, 8:45 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 23, 2024, 3:09 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales6391111294328405872103207238
Expenses544141023362435526286173199
Operating Profit1-5-316745610173540
OPM %12%-13%-31%12%21%16%15%13%11%13%17%17%17%
Other Income0951120211223
Interest0000000111276
Depreciation0000000000322
Profit before tax14227946710142934
Tax %28%32%32%32%33%26%27%27%27%26%26%26%
Net Profit1311463457102126
EPS in Rs3.805.854.736.999.8020.9125.19
Dividend Payout %0%0%0%0%0%0%0%13%11%7%0%7%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)200.00%-66.67%0.00%300.00%50.00%-50.00%33.33%25.00%40.00%42.86%110.00%
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%67.14%

Advait Infratech Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:18%
5 Years:49%
3 Years:53%
TTM:97%
Compounded Profit Growth
10 Years:24%
5 Years:48%
3 Years:64%
TTM:135%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:241%
1 Year:381%
Return on Equity
10 Years:26%
5 Years:24%
3 Years:26%
Last Year:34%

Last Updated: Unknown

Balance Sheet

Last Updated: October 15, 2024, 2:27 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital00000044551010
Reserves14561017162030364264
Borrowings00201112061338
Other Liabilities17681216161416234153
Total Liabilities2111214233337415171106165
Fixed Assets01112222232127
CWIP0000000001311
Investments0114915111111111112
Other Assets11010912162328384473125
Total Assets2111214233337415171106165

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 00000002-1712-9
Cash from Investing Activity 000000000-14-7-7
Cash from Financing Activity 0000000-054318
Net Cash Flow000000124-383

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow1.00-5.00-5.001.005.006.003.003.006.004.004.00-3.00

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 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days304416073104981339311512916170
Inventory Days0097127143030445861
Days Payable285169153139195134148194132
Cash Conversion Cycle3044160-115-54-488-72102524-1
Working Capital Days1333204884324613863554873
ROCE %70%152%37%28%79%63%23%27%23%25%29%40%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Dec 2023Mar 2024Jun 2024Jul 2024
Promoters73.52%73.52%73.52%73.52%73.52%73.53%73.53%73.53%73.53%73.47%69.44%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.01%
Public26.48%26.48%26.48%26.48%26.48%26.46%26.48%26.48%26.48%26.52%30.54%
No. of Shareholders3681951792902995084,1656,32511,92616,89916,925

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)21.4512.6710.4310.771.44
Diluted EPS (Rs.)21.4512.6710.4310.771.44
Cash EPS (Rs.)24.0412.0213.9613.387.01
Book Value[Excl.RevalReserv]/Share (Rs.)73.4142.0172.7859.3051.65
Book Value[Incl.RevalReserv]/Share (Rs.)73.4142.0172.7859.3051.65
Revenue From Operations / Share (Rs.)204.75100.64154.23128.84118.72
PBDIT / Share (Rs.)38.2418.0023.0612.7714.87
PBIT / Share (Rs.)35.6613.9419.538.769.30
PBT / Share (Rs.)28.8811.2917.257.195.82
Net Profit / Share (Rs.)21.457.9610.439.361.44
NP After MI And SOA / Share (Rs.)21.457.9610.439.361.44
PBDIT Margin (%)18.6717.8914.949.9112.52
PBIT Margin (%)17.4113.8512.666.797.83
PBT Margin (%)14.1011.2111.185.584.90
Net Profit Margin (%)10.477.916.767.261.21
NP After MI And SOA Margin (%)10.477.916.767.261.21
Return on Networth / Equity (%)29.7918.9514.3315.782.78
Return on Capital Employeed (%)39.0925.8022.4911.8813.07
Return On Assets (%)10.987.056.597.291.04
Long Term Debt / Equity (X)0.070.230.180.150.32
Total Debt / Equity (X)0.750.270.180.220.42
Asset Turnover Ratio (%)1.331.051.061.130.94
Current Ratio (X)1.291.401.411.711.35
Quick Ratio (X)1.101.181.211.491.14
Inventory Turnover Ratio (X)5.700.000.000.000.00
Dividend Payout Ratio (NP) (%)0.006.279.5811.780.00
Dividend Payout Ratio (CP) (%)0.004.157.168.240.00
Earning Retention Ratio (%)0.0093.7390.4288.220.00
Cash Earning Retention Ratio (%)0.0095.8592.8491.760.00
Interest Coverage Ratio (X)5.656.9510.204.654.27
Interest Coverage Ratio (Post Tax) (X)4.174.105.623.981.13
Enterprise Value (Cr.)1361.97277.5858.9318.960.00
EV / Net Operating Revenue (X)6.522.700.740.280.00
EV / EBITDA (X)34.9115.125.012.910.00
MarketCap / Net Operating Revenue (X)6.462.770.790.400.00
Retention Ratios (%)0.0093.7290.4188.210.00
Price / BV (X)18.366.641.690.870.00
Price / Net Operating Revenue (X)6.462.770.790.400.00
EarningsYield0.010.020.080.180.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Advait Infratech Ltd as of November 5, 2024 is: 1,836.16

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 November 5, 2024, Advait Infratech Ltd is Undervalued by 3.21% compared to the current share price ₹1,779.00

Intrinsic Value of Advait Infratech Ltd as of November 5, 2024 is: 2,565.57

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 November 5, 2024, Advait Infratech Ltd is Undervalued by 44.21% compared to the current share price ₹1,779.00

Last 5 Year EPS CAGR: 39.72%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 49.67%, which is a positive sign.
  2. The company has higher reserves (20.92 cr) compared to borrowings (5.33 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (68.08 cr) and profit (9.92 cr) over the years.
  1. The stock has a high average Working Capital Days of 61.92, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 0.92, 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 Advait Infratech Ltd:
    1. Net Profit Margin: 10.47%
      • 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: 39.09% (Industry Average ROCE: 14.86%)
      • 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%: 29.79% (Industry Average ROE: 11.02%)
      • 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): 4.17
      • 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: 1.1
      • 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: 74.8 (Industry average Stock P/E: 73.53)
      • 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: 0.75
      • 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

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.
INDUSTRYADDRESSCONTACT
Cables - Power/OthersKIFS Corporate House, 1st Floor, Iskcon Ambli Road, Ahmedabad Gujarat 380058cs@advaitinfra.com
http://www.advaitinfra.com
Management
NamePosition Held
Mr. Dinesh PatelChairman & Non-Exe.Director
Mr. Shalin ShethManaging Director
Mrs. Rejal ShethWholeTime Director & CFO
Mr. Pramod Kumar RaiNon Executive Director
Mr. Bajrangprasad MaheshwariInd. Non-Executive Director
Mr. Ramesh Kumar AgrawalInd. Non-Executive Director
Mr. Sujit GulatiInd. Non-Executive Director
Ms. Varsha AdhikariInd. Non-Executive Director

FAQ

What is the latest fair value of Advait Infratech Ltd?

The latest fair value of Advait Infratech Ltd is ₹1836.16.

What is the Market Cap of Advait Infratech Ltd?

The Market Cap of Advait Infratech Ltd is 1,922 Cr..

What is the current Stock Price of Advait Infratech Ltd as on 05 November 2024?

The current stock price of Advait Infratech Ltd as on 05 November 2024 is 1,779.

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 2,260/362.

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

The Stock P/E of Advait Infratech Ltd is 74.8.

What is the Book Value of Advait Infratech Ltd?

The Book Value of Advait Infratech Ltd is 73.0.

What is the Dividend Yield of Advait Infratech Ltd?

The Dividend Yield of Advait Infratech Ltd is 0.08 %.

What is the ROCE of Advait Infratech Ltd?

The ROCE of Advait Infratech Ltd is 39.6 %.

What is the ROE of Advait Infratech Ltd?

The ROE of Advait Infratech Ltd is 33.6 %.

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

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 getaka.co.in 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