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Last Updated on: 21 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Likhitha Infrastructure Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:15 am

Market Cap 1,391 Cr.
Current Price 353
High / Low 497/230
Stock P/E20.1
Book Value 85.8
Dividend Yield0.43 %
ROCE32.5 %
ROE23.6 %
Face Value 5.00
PEG Ratio1.09

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

View Share Price Target for Likhitha Infrastructure Ltd

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
IITL Projects Ltd 26.4 Cr. 52.9 78.1/16.08.18 70.70.00 %%% 10.0
HB Estate Developers Ltd 198 Cr. 102 125/45.026.6 80.10.00 %7.00 %2.39 % 10.0
Hazoor Multi Projects Ltd 994 Cr. 49.9 63.9/28.411.8 19.50.60 %%% 1.00
Gyan Developers & Builders Ltd 9.11 Cr. 30.4 33.8/7.07 12.70.00 %4.02 %3.75 % 10.0
GG Dandekar Properties Ltd 57.2 Cr. 120 163/87.4 96.90.00 %1.27 %9.45 % 1.00
Industry Average16,164.50 Cr306.2147.59133.450.14%23.48%27.83%21.38

All Competitor Stocks of

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales5858565965788081919999100101
Expenses46464245496062637178798077
Operating Profit12121414151818182121202024
OPM %21%21%25%23%23%23%22%22%23%21%20%20%24%
Other Income1101112213222
Interest0000000000100
Depreciation1111111122122
Profit before tax13131414151818192021202123
Tax %24%24%25%25%25%24%24%24%23%24%20%25%30%
Net Profit10101010111414141516161516
EPS in Rs2.412.412.572.632.853.463.523.653.934.124.013.914.07

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales313950315410787139161191257351398
Expenses28364529489476110131151196274313
Operating Profit345361311293039617785
OPM %8%10%11%8%11%12%13%21%19%21%24%22%21%
Other Income0011111122488
Interest0000111221111
Depreciation0001111332457
Profit before tax346351211252738607985
Tax %51%47%38%30%53%38%34%29%25%24%25%24%
Net Profit1242387182029456064
EPS in Rs6.4510.3518.859.9012.7038.407.9919.846.897.3411.5115.2216.11
Dividend Payout %0%0%0%0%0%0%0%0%0%10%11%10%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)100.00%100.00%-50.00%50.00%166.67%-12.50%157.14%11.11%45.00%55.17%33.33%
Change in YoY Net Profit Growth (%)0.00%0.00%-150.00%100.00%116.67%-179.17%169.64%-146.03%33.89%10.17%-21.84%

Likhitha Infrastructure Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:24%
5 Years:25%
3 Years:30%
TTM:22%
Compounded Profit Growth
10 Years:33%
5 Years:30%
3 Years:32%
TTM:10%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:28%
1 Year:25%
Return on Equity
10 Years:27%
5 Years:26%
3 Years:25%
Last Year:24%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 8:37 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital1111144152020202020
Reserves812141624284655134172230290319
Borrowings101041410100002
Other Liabilities14181114212125301523444044
Total Liabilities24312731516785101169215294350384
Fixed Assets343541514121218222827
CWIP0000000000000
Investments000001065639456
Other Assets2127242747517183101158269316351
Total Assets24312731516785101169215294350384

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +0004-3-131815457
Cash from Investing Activity +000-9-4-5-2-6-508-1920
Cash from Financing Activity +000-149-3-453-7-3-7
Net Cash Flow000-6-43-28452319

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow3.003.005.002.006.009.00-3.0019.0029.0039.0061.0077.00

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 Days4458748104118423774967466
Inventory Days198114395361298278525709835
Days Payable3984527198881182157107289174
Cash Conversion Cycle-196-292-237-42411815815874514493727
Working Capital Days-52-4533-736477882125144129157
ROCE %41%55%20%36%55%32%51%43%35%35%36%33%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters74.11%74.11%74.11%74.11%74.11%70.02%70.02%70.02%70.02%70.02%70.02%70.02%
FIIs0.09%0.13%0.10%0.10%0.32%0.46%0.24%0.10%0.67%0.09%0.20%0.18%
Public25.80%25.76%25.79%25.79%25.57%29.52%29.72%29.88%29.31%29.88%29.78%29.80%
No. of Shareholders28,35126,82427,48927,45325,69432,68834,31737,47941,37145,13250,50557,920

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 21
FaceValue5.005.0010.0010.00
Basic EPS (Rs.)16.5815.2823.3817.05
Diluted EPS (Rs.)16.5815.2823.3817.05
Cash EPS (Rs.)18.4816.5725.2515.94
Book Value[Excl.RevalReserv]/Share (Rs.)78.7663.6297.7277.77
Book Value[Incl.RevalReserv]/Share (Rs.)78.7663.6297.7277.77
Revenue From Operations / Share (Rs.)106.8992.51130.4096.64
PBDIT / Share (Rs.)25.0222.1333.3121.04
PBIT / Share (Rs.)23.0720.8531.4419.79
PBT / Share (Rs.)22.7320.6531.1719.45
Net Profit / Share (Rs.)16.5315.2823.3814.70
NP After MI And SOA / Share (Rs.)16.5815.0923.3214.70
PBDIT Margin (%)23.4023.9225.5421.77
PBIT Margin (%)21.5822.5324.1120.48
PBT Margin (%)21.2622.3223.9020.13
Net Profit Margin (%)15.4616.5217.9315.20
NP After MI And SOA Margin (%)15.5116.3017.8815.20
Return on Networth / Equity (%)21.1323.8023.8718.89
Return on Capital Employeed (%)29.2532.7032.1325.42
Return On Assets (%)18.6720.1021.2517.17
Asset Turnover Ratio (%)1.301.421.340.00
Current Ratio (X)8.105.627.9910.14
Quick Ratio (X)5.234.066.008.66
Inventory Turnover Ratio (X)0.970.000.000.00
Dividend Payout Ratio (NP) (%)0.003.3112.860.00
Dividend Payout Ratio (CP) (%)0.003.0511.910.00
Earning Retention Ratio (%)0.0096.6987.140.00
Cash Earning Retention Ratio (%)0.0096.9588.090.00
Interest Coverage Ratio (X)72.88112.42123.2261.88
Interest Coverage Ratio (Post Tax) (X)49.1678.6487.5044.23
Enterprise Value (Cr.)826.55898.15547.97612.38
EV / Net Operating Revenue (X)1.962.462.133.21
EV / EBITDA (X)8.3710.298.3414.76
MarketCap / Net Operating Revenue (X)2.172.552.223.30
Retention Ratios (%)0.0096.6887.130.00
Price / BV (X)2.963.722.964.11
Price / Net Operating Revenue (X)2.172.552.223.30
EarningsYield0.070.060.080.04

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Likhitha Infrastructure Ltd as of December 21, 2024 is: 408.75

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 December 21, 2024, Likhitha Infrastructure Ltd is Undervalued by 15.79% compared to the current share price 353.00

Intrinsic Value of Likhitha Infrastructure Ltd as of December 21, 2024 is: 484.43

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 December 21, 2024, Likhitha Infrastructure Ltd is Undervalued by 37.23% compared to the current share price 353.00

Last 5 Year EPS CAGR: 18.52%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 39.33%, which is a positive sign.
  2. The company has higher reserves (103.69 cr) compared to borrowings (2.54 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (145.85 cr) and profit (27.54 cr) over the years.
  1. The stock has a high average Working Capital Days of 60.58, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 128.08, 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 Likhitha Infrastructure Ltd:
    1. Net Profit Margin: 15.46%
      • 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: 29.25% (Industry Average ROCE: 21.78%)
      • 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%: 21.13% (Industry Average ROE: 22.99%)
      • 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): 49.16
      • 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: 5.23
      • 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: 20.1 (Industry average Stock P/E: 33.11)
      • 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
      • 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

Likhitha Infrastructure Ltd. is a Public Limited Listed company incorporated on 06/08/1998 and has its registered office in the State of Telangana, India. Company’s Corporate Identification Number(CIN) is L45200TG1998PLC029911 and registration number is 029911. Currently company belongs to the Industry of Construction & Contracting. Company’s Total Operating Revenue is Rs. 257.14 Cr. and Equity Capital is Rs. 19.73 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Construction, Contracting & Engineering8-3-323, 9th Floor, Vasavi's MPM Grand, Hyderabad Telangana 500073info@likhitha.in
www.likhitha.co.in
Management
NamePosition Held
Mr. Sivasankara Parameswara Kurup PillaiChairman & Ind.Dire (Non-Exe)
Mr. Srinivasa Rao GaddipatiPromoter Managing Director
Mrs. Likhitha GaddipatiPromoter & Whole Time Director
Mrs. Sri Lakshmi GaddipatiNon Executive Director
Mr. Venkata Sesha Talpa Sai MunupalleInd. Non-Executive Director
Mr. Venkatram ArigapudiInd. Non-Executive Director
Ms. Jayashree VorugantyInd. Non-Executive Director

FAQ

What is the latest intrinsic value of Likhitha Infrastructure Ltd?

The latest intrinsic value of Likhitha Infrastructure Ltd as on 21 December 2024 is ₹408.75, which is 15.79% higher than the current market price of ₹353.00. The stock has a market capitalization of 1,391 Cr. and recorded a high/low of 497/230 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹319 Cr and total liabilities of ₹384 Cr.

What is the Market Cap of Likhitha Infrastructure Ltd?

The Market Cap of Likhitha Infrastructure Ltd is 1,391 Cr..

What is the current Stock Price of Likhitha Infrastructure Ltd as on 21 December 2024?

The current stock price of Likhitha Infrastructure Ltd as on 21 December 2024 is 353.

What is the High / Low of Likhitha Infrastructure Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Likhitha Infrastructure Ltd stocks is 497/230.

What is the Stock P/E of Likhitha Infrastructure Ltd?

The Stock P/E of Likhitha Infrastructure Ltd is 20.1.

What is the Book Value of Likhitha Infrastructure Ltd?

The Book Value of Likhitha Infrastructure Ltd is 85.8.

What is the Dividend Yield of Likhitha Infrastructure Ltd?

The Dividend Yield of Likhitha Infrastructure Ltd is 0.43 %.

What is the ROCE of Likhitha Infrastructure Ltd?

The ROCE of Likhitha Infrastructure Ltd is 32.5 %.

What is the ROE of Likhitha Infrastructure Ltd?

The ROE of Likhitha Infrastructure Ltd is 23.6 %.

What is the Face Value of Likhitha Infrastructure Ltd?

The Face Value of Likhitha Infrastructure Ltd is 5.00.

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 Likhitha Infrastructure 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