Fundamental Analysis of Likhitha Infrastructure Ltd

About the Company - Likhitha Infrastructure Ltd

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.

INDUSTRY	ADDRESS	CONTACT
Construction, Contracting & Engineering	8-3-323, 9th Floor, Vasavi's MPM Grand, Hyderabad Telangana 500073	info@likhitha.in http://www.likhitha.co.in

Management
Name	Position Held
Mr. Sivasankara Parameswara Kurup Pillai	Chairman & Ind.Dire (Non-Exe)
Mr. Srinivasa Rao Gaddipati	Promoter Managing Director
Mrs. Likhitha Gaddipati	Promoter & Whole Time Director
Mrs. Sri Lakshmi Gaddipati	Non Executive Director
Mr. Venkata Sesha Talpa Sai Munupalle	Ind. Non-Executive Director
Mr. Venkatram Arigapudi	Ind. Non-Executive Director
Ms. Jayashree Voruganty	Ind. Non-Executive Director

Basic Stock Data of Likhitha Infrastructure Ltd

Last Updated: July 26, 2024, 10:24 pm

Market Cap	1,704 Cr.
Current Price	431
High / Low	497/230
Stock P/E	25.8
Book Value	78.6
Dividend Yield	0.35 %
ROCE	32.6 %
ROE	23.6 %
Face Value	5.00
PEG Ratio	1.39

Data Source: screener.in

Likhitha Infrastructure Ltd Quarterly Results

Month	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	58	58	56	59	65	78	80	81	91	99	99	100	101
Expenses	46	46	42	45	49	60	62	63	71	78	79	80	77
Operating Profit	12	12	14	14	15	18	18	18	21	21	20	20	24
OPM %	21%	21%	25%	23%	23%	23%	22%	22%	23%	21%	20%	20%	24%
Other Income	1	1	0	1	1	1	2	2	1	3	2	2	2
Interest	0	0	0	0	0	0	0	0	0	0	1	0	0
Depreciation	1	1	1	1	1	1	1	1	2	2	1	2	2
Profit before tax	13	13	14	14	15	18	18	19	20	21	20	21	23
Tax %	24%	24%	25%	25%	25%	24%	24%	24%	23%	24%	20%	25%	30%
Net Profit	10	10	10	10	11	14	14	14	15	16	16	15	16
EPS in Rs	2.41	2.41	2.57	2.63	2.85	3.46	3.52	3.65	3.93	4.12	4.01	3.91	4.07

Last Updated: July 11, 2024, 9:20 am

Likhitha Infrastructure Ltd Quarterly Chart

Likhitha Infrastructure Ltd Profit & Loss

Last Updated: July 10, 2024, 6:52 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	31	39	50	31	54	107	87	139	161	191	257	351	398
Expenses	28	36	45	29	48	94	76	110	131	151	196	274	313
Operating Profit	3	4	5	3	6	13	11	29	30	39	61	77	85
OPM %	8%	10%	11%	8%	11%	12%	13%	21%	19%	21%	24%	22%	21%
Other Income	0	0	1	1	1	1	1	1	2	2	4	8	8
Interest	0	0	0	0	1	1	1	2	2	1	1	1	1
Depreciation	0	0	0	1	1	1	1	3	3	2	4	5	7
Profit before tax	3	4	6	3	5	12	11	25	27	38	60	79	85
Tax %	51%	47%	38%	30%	53%	38%	34%	29%	25%	24%	25%	24%
Net Profit	1	2	4	2	3	8	7	18	20	29	45	60	64
EPS in Rs	6.45	10.35	18.85	9.90	12.70	38.40	7.99	19.84	6.89	7.34	11.51	15.22	16.11
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	10%	11%	10%

Likhitha Infrastructure Ltd Profit & Loss Yearly Chart

Likhitha Infrastructure Ltd Growth

Compounded Sales Growth
10 Years:	24%
5 Years:	25%
3 Years:	30%
TTM:	20%

Compounded Profit Growth
10 Years:	33%
5 Years:	30%
3 Years:	32%
TTM:	10%

Stock Price CAGR
10 Years:	%
5 Years:	%
3 Years:	29%
1 Year:	56%

Return on Equity
10 Years:	27%
5 Years:	26%
3 Years:	25%
Last Year:	24%

Last Updated: July 24, 2024, 5:31 pm

Likhitha Infrastructure Ltd Balance Sheet

Last Updated: July 10, 2024, 6:52 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	1	1	1	1	1	1	4	4	15	20	20	20	20
Reserves	6	8	12	14	16	24	28	46	55	134	172	230	256
Borrowings	1	1	0	1	0	4	14	10	1	0	0	0	0
Other Liabilities	9	14	18	11	14	21	21	25	30	15	23	44	47
Total Liabilities	18	24	31	27	31	51	67	85	101	169	215	294	323
Fixed Assets	4	3	4	3	5	4	15	14	12	12	18	22	24
CWIP	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments	0	0	0	0	0	0	1	0	6	56	39	57	5
Other Assets	14	21	27	24	27	47	51	71	83	101	158	216	294
Total Assets	18	24	31	27	31	51	67	85	101	169	215	294	323

Likhitha Infrastructure Ltd Reserves and Borrowings Chart

Likhitha Infrastructure Ltd Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity	0	0	0	4	-3	-1	3	18	1	5	45	7
Cash from Investing Activity	0	0	0	-9	-4	-5	-2	-6	-50	8	-24	20
Cash from Financing Activity	0	0	0	-1	4	9	-3	-4	53	-7	-3	-7
Net Cash Flow	0	0	0	-6	-4	3	-2	8	4	5	18	19

Likhitha Infrastructure Ltd Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	4	45	87	48	104	118	42	37	74	96	74	66
Inventory Days	198	114	395	36	1		298	278		525	709	138
Days Payable	398	452	719	88	81		182	157		107	289	29
Cash Conversion Cycle	-196	-292	-237	-4	24	118	158	158	74	514	493	175
Working Capital Days	-52	-45	33	-7	36	47	78	82	125	144	127	157
ROCE %	41%	55%	20%	36%	55%	32%	51%	43%	35%	35%	36%

Likhitha Infrastructure Ltd Financial Efficiency Indicators Chart

Likhitha Infrastructure Ltd Share Holding Pattern

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoters	74.11%	74.11%	74.11%	74.11%	74.11%	74.11%	70.02%	70.02%	70.02%	70.02%	70.02%	70.02%
FIIs	0.09%	0.09%	0.13%	0.10%	0.10%	0.32%	0.46%	0.24%	0.10%	0.67%	0.09%	0.20%
Public	25.80%	25.80%	25.76%	25.79%	25.79%	25.57%	29.52%	29.72%	29.88%	29.31%	29.88%	29.78%
No. of Shareholders	25,150	28,351	26,824	27,489	27,453	25,694	32,688	34,317	37,479	41,371	45,132	50,505

Likhitha Infrastructure Ltd Shareholding Pattern Chart

No. of Likhitha Infrastructure Ltd Shareholders

This stock is not held by any mutual fund

Likhitha Infrastructure Ltd ROCE Trend

Likhitha Infrastructure Ltd EPS Trend

Likhitha Infrastructure Ltd Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	5.00	5.00	10.00	10.00
Basic EPS (Rs.)	16.58	15.28	23.38	17.05
Diluted EPS (Rs.)	16.58	15.28	23.38	17.05
Cash EPS (Rs.)	18.48	16.57	25.25	15.94
Book Value[Excl.RevalReserv]/Share (Rs.)	78.76	63.62	97.72	77.77
Book Value[Incl.RevalReserv]/Share (Rs.)	78.76	63.62	97.72	77.77
Revenue From Operations / Share (Rs.)	106.89	92.51	130.40	96.64
PBDIT / Share (Rs.)	25.02	22.13	33.31	21.04
PBIT / Share (Rs.)	23.07	20.85	31.44	19.79
PBT / Share (Rs.)	22.73	20.65	31.17	19.45
Net Profit / Share (Rs.)	16.53	15.28	23.38	14.70
NP After MI And SOA / Share (Rs.)	16.58	15.09	23.32	14.70
PBDIT Margin (%)	23.40	23.92	25.54	21.77
PBIT Margin (%)	21.58	22.53	24.11	20.48
PBT Margin (%)	21.26	22.32	23.90	20.13
Net Profit Margin (%)	15.46	16.52	17.93	15.20
NP After MI And SOA Margin (%)	15.51	16.30	17.88	15.20
Return on Networth / Equity (%)	21.13	23.80	23.87	18.89
Return on Capital Employeed (%)	29.25	32.70	32.13	25.42
Return On Assets (%)	18.67	20.10	21.25	17.17
Asset Turnover Ratio (%)	1.30	1.42	1.34	0.00
Current Ratio (X)	8.10	5.62	7.99	10.14
Quick Ratio (X)	5.23	4.06	6.00	8.66
Inventory Turnover Ratio (X)	0.97	0.00	0.00	0.00
Dividend Payout Ratio (NP) (%)	0.00	3.31	12.86	0.00
Dividend Payout Ratio (CP) (%)	0.00	3.05	11.91	0.00
Earning Retention Ratio (%)	0.00	96.69	87.14	0.00
Cash Earning Retention Ratio (%)	0.00	96.95	88.09	0.00
Interest Coverage Ratio (X)	72.88	112.42	123.22	61.88
Interest Coverage Ratio (Post Tax) (X)	49.16	78.64	87.50	44.23
Enterprise Value (Cr.)	826.55	898.15	547.97	612.38
EV / Net Operating Revenue (X)	1.96	2.46	2.13	3.21
EV / EBITDA (X)	8.37	10.29	8.34	14.76
MarketCap / Net Operating Revenue (X)	2.17	2.55	2.22	3.30
Retention Ratios (%)	0.00	96.68	87.13	0.00
Price / BV (X)	2.96	3.72	2.96	4.11
Price / Net Operating Revenue (X)	2.17	2.55	2.22	3.30
EarningsYield	0.07	0.06	0.08	0.04

Likhitha Infrastructure Ltd Profitability Ratios (%)

Likhitha Infrastructure Ltd Liquidity Ratios

Likhitha Infrastructure Ltd Liquidity Ratios (%)

Likhitha Infrastructure Ltd Interest Coverage Ratios (%)

Likhitha Infrastructure Ltd Valuation Ratios

Fair Value

Fair Value: 480.25

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.

Undervalued: 11.43% compared to the current price 431

Intrinsic Value: 569.18

Calculation basis:

Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 32.06% compared to the current price 431

Last 5 Year EPS CAGR: 18.52%

*Investments are subject to market risks

Strength and Weakness of Likhitha Infrastructure Ltd Stock

Strength	Weakness
The stock has a high average ROCE of 36.58%, which is a positive sign. The company has higher reserves (85.75 cr) compared to borrowings (2.58 cr), indicating strong financial stability. The company has shown consistent growth in sales (145.85 cr) and profit (27.54 cr) over the years.	The stock has a high average Working Capital Days of 60.42, which may not be favorable. The stock has a high average Cash Conversion Cycle of 82.08, which may not be favorable.

FAQ

What is the latest fair value of Likhitha Infrastructure Ltd?

The latest fair value of Likhitha Infrastructure Ltd is ₹480.25.

What is the Market Cap of Likhitha Infrastructure Ltd?

The Market Cap of Likhitha Infrastructure Ltd is 1,704 Cr..

What is the current Stock Price of Likhitha Infrastructure Ltd as on 27 July 2024?

The current stock price of Likhitha Infrastructure Ltd as on 27 July 2024 is 431.

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

In FY 2024, 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 25.8.

What is the Book Value of Likhitha Infrastructure Ltd?

The Book Value of Likhitha Infrastructure Ltd is 78.6.

What is the Dividend Yield of Likhitha Infrastructure Ltd?

The Dividend Yield of Likhitha Infrastructure Ltd is 0.35 %.

What is the ROCE of Likhitha Infrastructure Ltd?

The ROCE of Likhitha Infrastructure Ltd is 32.6 %.

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.