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Last Updated on: 28 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Manav Infra Projects Ltd

About the Company - Manav Infra Projects Ltd

Manav Infra Projects Ltd. is a Public Limited Listed company incorporated on 08/06/2009 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L45200MH2009PLC193084 and registration number is 193084. Currently company belongs to the Industry of Construction & Contracting. Company’s Total Operating Revenue is Rs. 5.39 Cr. and Equity Capital is Rs. 6.84 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Construction & Contracting226, Gundecha Industrial-Complex, Mumbai Maharashtra 400101mip@manavinfra.com
http://www.manavinfra.com
Management
NamePosition Held
Mr. Mahendra Narayan RajuChairman & Managing Director
Mr. Dinesh Shivnath YadavExecutive Director
Ms. Mahalakshmi Mahendra RajuNon Executive Director
Mr. Mohan Madhav PaiIndependent Director
Mr. Atul Bhagavatishanker PurohitIndependent Director

Manav Infra Projects Ltd. Share Price Update

Share PriceValue
Today₹20.55
Previous Day₹20.55

Basic Stock Data of Manav Infra Projects Ltd

Market Cap 15.3 Cr.
Current Price 22.4
High / Low23.5/9.05
Stock P/E8.02
Book Value 4.58
Dividend Yield0.00 %
ROCE28.7 %
ROE%
Face Value 10.0

Data Source: screener.in

Competitors of Manav Infra Projects Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Nila Spaces Ltd 208 Cr. 5.275.77/2.4024.5 2.890.00 %4.98 %3.65 % 1.00
Salasar Exteriors & Contour Ltd 250 Cr. 24.336.8/18.6 1.150.00 %3.18 %7.01 % 1.00
Hindustan Construction Company Ltd 6,300 Cr. 41.647.9/12.537.0 4.330.00 %16.9 %% 1.00
Omaxe Ltd 1,932 Cr. 106122/42.0 38.60.00 %15.7 %32.6 % 10.0
NCC Ltd 16,280 Cr. 259267/88.224.2 1000.81 %18.7 %9.99 % 2.00
Industry Average4,994.00 Cr87.2317.1429.390.16%11.89%10.65%3.00

Manav Infra Projects Ltd Quarterly Results

MonthSep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023
Sales4.414.232.482.572.193.204.408.575.52
Expenses4.626.934.114.804.334.834.534.834.53
Operating Profit-0.21-2.70-1.63-2.23-2.14-1.63-0.133.740.99
OPM %-4.76%-63.83%-65.73%-86.77%-97.72%-50.94%-2.95%43.64%17.93%
Other Income0.030.29-0.000.010.01-0.01-0.000.12-0.00
Interest0.730.680.700.630.460.770.710.750.63
Depreciation1.071.080.810.780.540.530.370.710.24
Profit before tax-1.98-4.17-3.14-3.63-3.13-2.94-1.212.400.12
Tax %-0.00%5.76%-0.00%-0.00%-0.00%3.06%-0.00%24.17%25.00%
Net Profit-1.97-3.93-3.13-3.63-3.13-2.85-1.201.820.09
EPS in Rs-2.88-5.75-4.58-5.31-4.58-4.17-1.762.660.13

Manav Infra Projects Ltd Quarterly Chart

Manav Infra Projects Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales14.6512.0011.9714.8416.4418.0820.8715.538.625.055.3911.9514.09
Expenses13.508.799.0314.3914.5015.8917.6411.9911.347.937.239.139.36
Operating Profit1.153.212.940.451.942.193.233.54-2.72-2.88-1.842.824.73
OPM %7.85%26.75%24.56%3.03%11.80%12.11%15.48%22.79%-31.55%-57.03%-34.14%23.60%33.57%
Other Income-0.000.11-0.001.39-0.030.220.260.020.14-0.95-0.070.100.12
Interest-0.001.191.480.650.891.051.201.381.411.341.241.461.38
Depreciation-0.001.521.060.820.600.571.031.802.151.591.070.710.95
Profit before tax1.150.610.400.370.420.791.260.38-6.14-6.76-4.220.752.52
Tax %32.17%36.07%50.00%100.00%-45.24%-30.38%-0.79%-15.79%3.91%2.51%2.13%21.33%
Net Profit0.780.390.21-0.000.611.031.270.44-5.90-6.59-4.130.601.91
EPS in Rs3.901.951.05-0.003.055.151.860.64-8.63-9.64-6.040.882.79
Dividend Payout %-0.00%-0.00%-0.00%-0.00%-0.00%-0.00%-0.00%-0.00%-0.00%-0.00%-0.00%

Manav Infra Projects Ltd Profit & Loss Yearly Chart

Manav Infra Projects Ltd Growth

Compounded Sales Growth
10 Years:0%
5 Years:-11%
3 Years:12%
TTM:85%
Compounded Profit Growth
10 Years:3%
5 Years:-13%
3 Years:28%
TTM:147%
Stock Price CAGR
10 Years:%
5 Years:34%
3 Years:70%
1 Year:172%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Manav Infra Projects Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital2.002.002.002.002.002.006.846.846.846.846.846.846.84
Reserves1.672.042.242.252.823.855.796.220.06-6.53-10.66-10.06-9.97
Borrowings6.487.807.342.583.313.636.6211.2611.5911.3611.979.839.48
Other Liabilities4.293.413.524.275.703.552.973.132.702.522.072.982.22
Total Liabilities14.4415.2515.1011.1013.8313.0322.2227.4521.1914.1910.229.598.57
Fixed Assets5.113.542.481.871.372.303.747.015.553.792.481.671.37
CWIP0.002.172.310.000.000.000.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.070.060.060.060.060.060.000.00
Other Assets9.339.5410.319.2312.4610.6618.4220.3815.5810.347.687.927.20
Total Assets14.4415.2515.1011.1013.8313.0322.2227.4521.1914.1910.229.598.57

Manav Infra Projects Ltd Reserves and Borrowings Chart

Manav Infra Projects Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 2.293.742.920.23-0.49-3.433.901.751.031.123.37
Cash from Investing Activity -2.12-0.133.48-0.13-1.96-2.96-5.87-0.681.610.590.06
Cash from Financing Activity 1.22-1.97-5.790.34-1.476.121.95-1.11-2.37-1.93-3.47
Net Cash Flow1.381.630.610.45-3.92-0.26-0.02-0.040.27-0.22-0.04

Manav Infra Projects Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days172.91201.9778.9871.82116.78107.40159.85253.36269.30256.58242.43104.15
Inventory Days0.000.00155.61242.15641.34385.760.000.00
Days Payable254.20106.83252.69256.02
Cash Conversion Cycle172.91201.9778.9871.82116.788.82295.17253.36657.95386.32242.43104.15
Working Capital Days85.96128.36128.388.8538.63108.61239.60342.44416.66346.93201.8061.70
ROCE %12.34%16.28%16.05%-3.91%17.91%20.90%15.45%8.17%-21.35%-29.58%-29.26%28.73%

Manav Infra Projects Ltd Financial Efficiency Indicators Chart

Manav Infra Projects Ltd Share Holding Pattern

MonthSep 2018Mar 2019Sep 2019Dec 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023
Promoters73.13%73.13%73.13%73.13%73.13%73.13%73.13%73.13%73.13%73.13%73.13%73.13%
Public26.87%26.87%26.88%26.87%26.86%26.88%26.87%26.87%26.87%26.87%26.87%26.87%
No. of Shareholders330314304298293284270267281273259248

Manav Infra Projects Ltd Shareholding Pattern Chart

No. of Manav Infra Projects Ltd Shareholders

This stock is not held by any mutual fund

Manav Infra Projects Ltd ROCE Trend

Manav Infra Projects Ltd EPS Trend

Manav Infra Projects Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)0.88-6.04-0.96-8.640.64
Diluted EPS (Rs.)0.88-6.04-0.96-8.640.64
Cash EPS (Rs.)1.91-4.47-7.32-5.493.27
Book Value[Excl.RevalReserv]/Share (Rs.)-4.72-5.590.4410.0819.10
Book Value[Incl.RevalReserv]/Share (Rs.)-4.72-5.590.4410.0819.10
Revenue From Operations / Share (Rs.)17.487.897.3912.6422.72
PBDIT / Share (Rs.)4.27-2.79-5.61-3.785.17
PBIT / Share (Rs.)3.23-4.36-7.93-6.922.54
PBT / Share (Rs.)1.10-6.17-9.89-8.980.55
Net Profit / Share (Rs.)0.87-6.04-9.64-8.630.63
PBDIT Margin (%)24.43-35.42-75.92-29.9122.77
PBIT Margin (%)18.50-55.32-107.34-54.8011.18
PBT Margin (%)6.31-78.27-133.83-71.102.43
Net Profit Margin (%)5.00-76.53-130.47-68.342.80
Return on Networth / Equity (%)-18.540.00-2184.14-85.653.33
Return on Capital Employeed (%)-1029.37-249.43-90.18-34.738.90
Return On Assets (%)6.23-40.36-46.45-27.851.58
Long Term Debt / Equity (X)-0.93-1.3118.920.970.49
Total Debt / Equity (X)-3.04-3.1337.631.680.86
Asset Turnover Ratio (%)1.210.440.280.350.62
Current Ratio (X)0.510.560.931.662.23
Quick Ratio (X)0.510.560.651.091.66
Interest Coverage Ratio (X)2.00-1.54-2.87-1.842.60
Interest Coverage Ratio (Post Tax) (X)1.41-2.34-3.92-3.191.32
Enterprise Value (Cr.)17.8016.4914.5714.8014.90
EV / Net Operating Revenue (X)1.493.062.881.710.95
EV / EBITDA (X)6.10-8.63-3.80-5.734.21
MarketCap / Net Operating Revenue (X)0.660.840.690.370.23
Price / BV (X)-2.48-1.2011.560.460.28
Price / Net Operating Revenue (X)0.660.840.690.370.23
EarningsYield0.07-0.90-1.89-1.840.11

Manav Infra Projects Ltd Profitability Ratios (%)

Manav Infra Projects Ltd Liquidity Ratios

Manav Infra Projects Ltd Liquidity Ratios (%)

Manav Infra Projects Ltd Interest Coverage Ratios (%)

Manav Infra Projects Ltd Valuation Ratios

Fair Value of Manav Infra Projects Ltd Stock

Fair Value: ₹5.62

The stock is overvalued by 74.91% compared to the current price ₹22.4

*Investments are subject to market risks

Strength and Weakness of Manav Infra Projects Ltd Stock

StrengthWeakness
    1. The stock is trading at a high valuation with an average P/B ratio of -2.69 and average Dividend Yield of -54.89%.
    2. The stock has a low average ROCE of 4.31%, which may not be favorable.
    3. The stock has a high average Working Capital Days of 175.66, which may not be favorable.
    4. The stock has a high average Cash Conversion Cycle of 215.89, which may not be favorable.
    5. The company has higher borrowings (7.94) compared to reserves (-0.79), which may suggest financial risk.
    6. The company has not shown consistent growth in sales (13.04) and profit (-0.65).

    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 Manav Infra Projects 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