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Last Updated on: 24 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of RPP Infra Projects Ltd

About the Company - RPP Infra Projects Ltd

RPP Infra Projects Ltd. is a Public Limited Listed company incorporated on 04/05/1995 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L45201TZ1995PLC006113 and registration number is 006113. Currently Company is involved in the business activities of Construction of waterways, harbours and river works, dredging of waterways. Company’s Total Operating Revenue is Rs. 779.82 Cr. and Equity Capital is Rs. 36.69 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Construction & ContractingS F No. 454, Raghupathynaiken Palayam, Erode Tamil Nadu 638002secretary@rppipl.com
http://www.rppipl.com
Management
NamePosition Held
Mr. P ArulsundaramChairman & Managing Director
Mrs. A NithyaWhole Time Director
Mr. P MuralidasanNon Executive Director
Mr. K RangasamyIndependent Director
Mr. P R SundararajanIndependent Director
Mr. R KalaimonyIndependent Director
Mr. ThangavelIndependent Director

RPP Infra Projects Ltd. Share Price Update

Share PriceValue
Today₹152.25
Previous Day₹155.35

Basic Stock Data of RPP Infra Projects Ltd

Market Cap 492 Cr.
Current Price 130
High / Low161/38.2
Stock P/E8.26
Book Value 109
Dividend Yield0.00 %
ROCE12.8 %
ROE7.63 %
Face Value 10.0

Data Source: screener.in

Competitors of RPP Infra Projects Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
PNC Infratech Ltd 10,672 Cr. 416463/26116.2 1800.12 %14.8 %16.2 % 2.00
Ansal Properties & Infrastructure Ltd 183 Cr. 11.615.0/8.00 12.00.00 %80.0 %% 5.00
Ajmera Realty & Infra India Ltd 2,687 Cr. 757784/26030.4 2280.39 %7.48 %9.64 % 10.0
Parsvnath Developers Ltd 705 Cr. 16.217.3/6.00 31.60.00 %4.78 %% 5.00
Parshwanath Corporation Ltd 22.9 Cr. 73.085.0/26.044.0 36.00.00 %2.50 %2.20 % 10.0
Industry Average184.58 Cr254.7618.1297.520.1%21.91%5.61%6.4

RPP Infra Projects Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales135198124173226278233256246306243372
Expenses123187113164212294223249236294230344
Operating Profit1210111014-1610711111328
OPM %9%5%9%6%6%-6%4%3%4%4%6%8%
Other Income1627142361566
Interest55566-3345233
Depreciation212223222322
Profit before tax610697-116410211529
Tax %28%25%47%23%36%16%44%52%27%24%29%41%
Net Profit58375-9428161017
EPS in Rs1.282.020.891.761.25-2.570.980.472.054.312.814.49

RPP Infra Projects Ltd Quarterly Chart

RPP Infra Projects Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales2662602402663143664995816005138021,0401,168
Expenses2242202042302683184345195444777769961,104
Operating Profit42403636464865625636254463
OPM %16%15%15%13%15%13%13%11%9%7%3%4%5%
Other Income436105469811142433
Interest10171717201719242319201712
Depreciation81087557676899
Profit before tax28161821263045403422114275
Tax %20%29%23%22%27%25%74%42%46%30%52%31%
Net Profit2311141719231223181652951
EPS in Rs6.243.143.864.585.306.303.216.475.024.101.467.8013.66
Dividend Payout %5%10%8%7%6%5%10%-0%-0%-0%-0%-0%

RPP Infra Projects Ltd Profit & Loss Yearly Chart

RPP Infra Projects Ltd Growth

Compounded Sales Growth
10 Years:15%
5 Years:16%
3 Years:20%
TTM:23%
Compounded Profit Growth
10 Years:9%
5 Years:18%
3 Years:14%
TTM:1579%
Stock Price CAGR
10 Years:12%
5 Years:10%
3 Years:36%
1 Year:221%
Return on Equity
10 Years:7%
5 Years:6%
3 Years:5%
Last Year:8%

RPP Infra Projects Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital23232323232323232324373738
Reserves8697133148164186197219239256300325375
Borrowings9210097110819814512997113947988
Other Liabilities956354137124178162235230241331338335
Total Liabilities296283306418392484527605589634762780836
Fixed Assets53484739262931524847626767
CWIP0133440644322
Investments0000000000000
Other Assets242234256375362451496546536582697710767
Total Assets296283306418392484527605589634762780836

RPP Infra Projects Ltd Reserves and Borrowings Chart

RPP Infra Projects Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -12-21819373470-2958523338
Cash from Investing Activity -31-5015-7-3-311-3-17-12
Cash from Financing Activity 40-6-20-18-31-12-1616-5579-30
Net Cash Flow-3-13-22111552-4435525-4

RPP Infra Projects Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days146151142259195237881081001119966
Inventory Days434101516405557343619
Days Payable255175116729392503187354270390234119
Cash Conversion Cycle-105-2130-460-182-250-59-190-113-245-99-34
Working Capital Days14020026525021820912315614416111890
ROCE %16%15%12%16%16%19%18%15%11%8%13%

RPP Infra Projects Ltd Financial Efficiency Indicators Chart

RPP Infra Projects Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters53.23%55.30%55.30%55.30%55.25%51.29%51.29%51.29%51.29%51.29%51.29%51.29%
FIIs3.34%2.82%1.54%0.14%0.23%0.53%0.26%0.06%0.06%0.06%0.39%0.79%
DIIs2.13%1.69%1.68%1.68%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Government0.00%0.02%0.00%0.00%0.00%0.03%0.00%0.00%0.00%0.00%0.00%0.00%
Public41.30%40.17%41.48%42.87%44.52%48.16%48.46%48.65%48.65%48.65%48.32%47.93%
No. of Shareholders5,4166,64111,72924,77624,48825,21424,58324,15323,59624,48623,43724,045

RPP Infra Projects Ltd Shareholding Pattern Chart

No. of RPP Infra Projects Ltd Shareholders

This stock is not held by any mutual fund

RPP Infra Projects Ltd ROCE Trend

RPP Infra Projects Ltd EPS Trend

RPP Infra Projects Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)8.941.696.558.0410.36
Diluted EPS (Rs.)8.941.696.558.0410.36
Cash EPS (Rs.)10.163.639.1411.2013.18
Book Value[Excl.RevalReserv]/Share (Rs.)96.6691.76120.11114.75106.74
Book Value[Incl.RevalReserv]/Share (Rs.)97.1191.76121.12115.81106.74
Revenue From Operations / Share (Rs.)277.72218.50216.96265.50256.94
PBDIT / Share (Rs.)17.139.0319.9528.1031.41
PBIT / Share (Rs.)14.706.8617.3624.9328.59
PBT / Share (Rs.)11.143.059.3514.8917.75
Net Profit / Share (Rs.)7.731.466.558.0410.36
NP After MI And SOA / Share (Rs.)7.741.466.558.0410.36
PBDIT Margin (%)6.164.139.1910.5812.22
PBIT Margin (%)5.293.138.009.3811.12
PBT Margin (%)4.011.394.315.606.90
Net Profit Margin (%)2.780.663.023.024.03
NP After MI And SOA Margin (%)2.780.663.023.024.03
Return on Networth / Equity (%)8.001.595.457.009.70
Return on Capital Employeed (%)13.766.8111.6818.9521.46
Return On Assets (%)3.710.702.443.083.86
Long Term Debt / Equity (X)0.080.090.200.130.24
Total Debt / Equity (X)0.210.270.350.320.48
Asset Turnover Ratio (%)1.351.140.790.981.04
Current Ratio (X)1.651.612.011.821.79
Quick Ratio (X)1.601.561.971.741.72
Inventory Turnover Ratio (X)18.3312.536.866.997.11
Interest Coverage Ratio (X)4.812.372.492.802.90
Interest Coverage Ratio (Post Tax) (X)3.171.381.821.801.96
Enterprise Value (Cr.)190.05203.04127.44101.45325.47
EV / Net Operating Revenue (X)0.180.250.240.160.56
EV / EBITDA (X)2.966.132.701.604.58
MarketCap / Net Operating Revenue (X)0.140.180.260.110.44
Price / BV (X)0.400.440.470.261.07
Price / Net Operating Revenue (X)0.140.180.260.110.44
EarningsYield0.190.030.110.260.09

RPP Infra Projects Ltd Profitability Ratios (%)

RPP Infra Projects Ltd Liquidity Ratios

RPP Infra Projects Ltd Liquidity Ratios (%)

RPP Infra Projects Ltd Interest Coverage Ratios (X)

RPP Infra Projects Ltd Valuation Ratios

Fair Value / Intrinsic Value of RPP Infra Projects Ltd

Fair Value: ₹70.07

The stock is overvalued by 46.10% compared to the current price ₹130

*Investments are subject to market risks

Strength and Weakness of RPP Infra Projects Ltd

StrengthWeakness
  1. The stock has a low average Cash Conversion Cycle of -144.00, which is a positive sign.
  2. The company has higher reserves (209.62 cr) compared to borrowings (101.77 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (362.23 cr) and profit (31.38 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 18.49 and average Dividend Yield of 7.38%.
  2. The stock has a low average ROCE of 13.25%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 172.83, which may not be favorable.

Should I Buy RPP Infra Projects Ltd Share Now?

  • Based on the analysis of various financial indicators, it may be worth considering investment in RPP Infra Projects Ltd:
    1. Net Profit Margin: 2.78% (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: 13.76% (Industry Average ROCE: 6.24%)
      • 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. Interest Coverage Ratio (Post Tax): 3.17 (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.
    4. Quick Ratio: 1.60 (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.
    5. ✓ Stock P/E: 7.97 (Industry average Stock P/E: 25.34)
      • 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.
    6. ✓ Total Debt / Equity: 0.21 (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.

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 RPP 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