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Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Simplex Infrastructures Ltd

About the Company - Simplex Infrastructures Ltd

Simplex Infrastructures Ltd. is a Public Limited Listed company incorporated on 19/12/1924 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L45209WB1924PLC004969 and registration number is 004969. Currently Company is involved in the business activities of Construction of buildings. Company’s Total Operating Revenue is Rs. 1736.29 Cr. and Equity Capital is Rs. 11.47 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Construction & ContractingSimplex House, Kolkata West Bengal 700017secretarial.legal@simplexinfra.com
http://www.simplexinfra.com
Management
NamePosition Held
Mr. Rajiv MundhraChairman
Mr. S DuttaWholeTime Director & CFO
Mr. Shamik DasguptaNon Executive Director
Mrs. Indira BiswasIndependent Director
Dr. Dinabandhu MukhopadhyayIndependent Director
Mr. Pratap Kumar ChakravartyIndependent Director

Simplex Infrastructures Ltd. Share Price Update

Share PriceValue
Today₹89.59
Previous Day₹91.41

Basic Stock Data of Simplex Infrastructures Ltd

Market Cap 630 Cr.
Current Price 110
High / Low110/29.8
Stock P/E
Book Value 25.6
Dividend Yield0.00 %
ROCE0.67 %
ROE100 %
Face Value 2.00

Data Source: screener.in

Competitors of Simplex Infrastructures Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Man Infraconstruction Ltd 8,075 Cr. 218249/66.225.9 32.80.74 %32.0 %26.4 % 2.00
Setubandhan Infrastructure Ltd 10.7 Cr. 0.851.20/0.55119 3.940.00 %0.44 %0.18 % 1.00
Sumit Woods Ltd 203 Cr. 66.270.4/27.032.0 22.60.00 %12.0 %11.7 % 10.0
Prestige Estates Projects Ltd 45,139 Cr. 1,1261,440/39126.6 2750.14 %10.3 %7.56 % 10.0
Welspun Enterprises Ltd 4,479 Cr. 324383/11712.7 1580.32 %9.99 %13.1 % 10.0
Industry Average54.14 Cr122.0143.2498.470.24%12.95%11.79%6.6

Simplex Infrastructures Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales523.57670.27691.28452.87534.77484.91574.23498.30481.28420.76473.49398.87312.45
Expenses580.80646.93659.08434.51512.33497.84591.02507.64478.01416.80459.52388.04306.93
Operating Profit-57.2323.3432.2018.3622.44-12.93-16.79-9.343.273.9613.9710.835.52
OPM %-10.93%3.48%4.66%4.05%4.20%-2.67%-2.92%-1.87%0.68%0.94%2.95%2.72%1.77%
Other Income11.109.3730.1613.709.1614.289.8562.1115.245.665.330.625.66
Interest152.03157.73195.70161.62200.75198.86193.60201.63203.67199.44234.32221.914.81
Depreciation31.7531.1129.9428.2126.7425.5924.1422.7921.7820.9420.1919.0017.34
Profit before tax-229.91-156.13-163.28-157.77-195.89-223.10-224.68-171.65-206.94-210.76-235.21-229.46-10.97
Tax %34.71%34.62%28.63%34.29%34.57%33.82%34.31%41.25%34.38%34.78%58.81%34.59%33.36%
Net Profit-150.11-102.07-116.53-103.67-128.17-147.65-147.60-100.84-135.80-137.45-96.89-150.10-7.31
EPS in Rs-26.20-17.83-20.38-18.15-22.31-25.96-26.00-17.63-23.80-24.02-16.95-26.30-1.27

Simplex Infrastructures Ltd Quarterly Chart

Simplex Infrastructures Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales6,0105,8975,6156,2025,8945,6125,7676,1174,0262,2002,0471,8741,606
Expenses5,5525,4315,0955,6005,1844,9725,1195,4083,9212,1932,0331,8621,571
Operating Profit4584665206037106406487091057141234
OPM %8%8%9%10%12%11%11%12%3%0%1%1%2%
Other Income20424132731571341136759448817
Interest232290335393429445452471517644755839660
Depreciation1191351401542061991841681381251058677
Profit before tax127838687149153147183-483-702-801-825-686
Tax %35%37%31%39%29%12%23%33%34%33%34%43%
Net Profit82525953105134113122-321-469-527-471-392
EPS in Rs16.9110.7611.8211.5921.7527.6522.8121.40-56.14-82.13-92.42-82.41-68.54
Dividend Payout %12%9%4%4%2%2%2%2%0%0%0%0%

Simplex Infrastructures Ltd Profit & Loss Yearly Chart

Simplex Infrastructures Ltd Growth

Compounded Sales Growth
10 Years:-11%
5 Years:-20%
3 Years:-23%
TTM:-21%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:-26%
TTM:26%
Stock Price CAGR
10 Years:1%
5 Years:-8%
3 Years:35%
1 Year:81%
Return on Equity
10 Years:-9%
5 Years:-26%
3 Years:-50%
Last Year:-100%

Simplex Infrastructures Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital10101010101010111111111111
Reserves1,1961,2911,4241,4721,4001,5221,6211,9931,7551,255738289135
Borrowings2,1322,6782,9313,3693,3993,3253,5373,4483,8734,6085,3545,9846,297
Other Liabilities2,9473,1743,1483,6483,0983,5654,0414,1423,6623,4413,7654,0884,101
Total Liabilities6,2857,1527,5128,4987,9078,4239,2089,5949,3029,3169,86810,37310,544
Fixed Assets1,2791,2351,1961,2391,2881,1791,1021,022891745627531490
CWIP444310581515131293222
Investments5411013614711611210910590825378
Other Assets4,9085,7646,0767,1046,4877,1177,9848,4558,3118,4869,1859,83210,045
Total Assets6,2857,1527,5128,4987,9078,4239,2089,5949,3029,3169,86810,37310,544

Simplex Infrastructures Ltd Reserves and Borrowings Chart

Simplex Infrastructures Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 46-129245252067340133-19-483-447-432
Cash from Investing Activity -256-96-125-134-213-134-164-70727822206
Cash from Financing Activity 194237-10671-318-514-17932-88385404259
Net Cash Flow-171215-60-102558-6-34-20-2033

Simplex Infrastructures Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days10314314014080999284130219245268
Inventory Days139129170183137165145134148204297270
Days Payable2552673333592833793823764987171,2041,338
Cash Conversion Cycle-135-22-36-66-114-145-159-220-294-662-801
Working Capital Days115156187207211231244247375760839928
ROCE %12%10%10%11%12%12%12%12%0%-1%-1%-1%

Simplex Infrastructures Ltd Financial Efficiency Indicators Chart

Simplex Infrastructures Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters49.83%49.83%49.83%49.83%49.83%49.82%49.82%49.82%49.82%49.82%49.82%49.82%
FIIs1.21%1.15%0.42%0.45%0.47%0.40%0.42%0.42%0.26%0.35%0.35%0.35%
DIIs8.84%8.84%8.83%8.84%8.84%8.84%8.84%8.84%8.84%8.84%0.94%0.94%
Public40.13%40.19%40.92%40.89%40.87%40.94%40.92%40.91%41.08%40.99%48.88%48.89%
No. of Shareholders23,55322,37421,54220,78820,76019,11718,69318,71119,37619,43219,31017,345

Simplex Infrastructures Ltd Shareholding Pattern Chart

No. of Simplex Infrastructures Ltd Shareholders

Simplex Infrastructures Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
HDFC Infrastructure Fund - Regular Plan5352970.334.29

Simplex Infrastructures Ltd ROCE Trend

Simplex Infrastructures Ltd EPS Trend

Simplex Infrastructures Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)-82.41-92.42-82.13-56.1421.97
Diluted EPS (Rs.)-82.41-92.42-82.13-56.1421.97
Cash EPS (Rs.)-65.91-68.63-58.57-31.9350.51
Book Value[Excl.RevalReserv]/Share (Rs.)52.67130.96220.98307.26356.06
Book Value[Incl.RevalReserv]/Share (Rs.)52.67130.96220.98307.26356.06
Revenue From Operations / Share (Rs.)326.74356.89383.61702.061066.65
PBDIT / Share (Rs.)18.7515.1513.0730.07143.19
PBIT / Share (Rs.)3.80-3.11-8.736.06113.84
PBT / Share (Rs.)-142.50-134.73-120.95-84.1431.77
Net Profit / Share (Rs.)-80.85-86.89-80.37-55.9421.16
NP After MI And SOA / Share (Rs.)-82.11-92.09-81.84-55.9421.32
PBDIT Margin (%)5.734.243.404.2813.42
PBIT Margin (%)1.16-0.87-2.270.8610.67
PBT Margin (%)-43.61-37.74-31.52-11.982.97
Net Profit Margin (%)-24.74-24.34-20.94-7.961.98
NP After MI And SOA Margin (%)-25.12-25.80-21.33-7.961.99
Return on Networth / Equity (%)-156.58-70.47-37.04-18.155.97
Return on Capital Employeed (%)5.67-2.18-3.651.7226.25
Return On Assets (%)-4.53-5.35-5.03-3.441.27
Long Term Debt / Equity (X)0.000.000.040.130.18
Total Debt / Equity (X)19.907.143.232.021.64
Asset Turnover Ratio (%)0.180.180.210.410.64
Current Ratio (X)0.880.931.011.121.18
Quick Ratio (X)0.850.880.951.051.07
Inventory Turnover Ratio (X)1.181.100.000.000.00
Dividend Payout Ratio (NP) (%)0.000.000.00-0.892.31
Dividend Payout Ratio (CP) (%)0.000.000.00-1.560.97
Earning Retention Ratio (%)0.000.000.00100.8997.69
Cash Earning Retention Ratio (%)0.000.000.00101.5699.03
Interest Coverage Ratio (X)0.120.110.110.331.74
Interest Coverage Ratio (Post Tax) (X)0.440.330.280.371.26
Enterprise Value (Cr.)6120.995600.934218.143595.084267.56
EV / Net Operating Revenue (X)3.272.741.920.890.69
EV / EBITDA (X)56.9364.4856.2920.845.20
MarketCap / Net Operating Revenue (X)0.100.130.080.020.16
Retention Ratios (%)0.000.000.00100.8997.68
Price / BV (X)0.640.360.130.050.50
Price / Net Operating Revenue (X)0.100.130.080.020.16
EarningsYield-2.42-1.95-2.66-3.070.11

Simplex Infrastructures Ltd Profitability Ratios (%)

Simplex Infrastructures Ltd Liquidity Ratios

Simplex Infrastructures Ltd Liquidity Ratios (%)

Simplex Infrastructures Ltd Interest Coverage Ratios (X)

Simplex Infrastructures Ltd Valuation Ratios

Fair Value / Intrinsic Value of Simplex Infrastructures Ltd

Fair Value: ₹391.68

The stock is undervalued by 256.07% compared to the current price ₹110

*Investments are subject to market risks

Strength and Weakness of Simplex Infrastructures Ltd

StrengthWeakness
  1. The stock has a low average Cash Conversion Cycle of -210.58, which is a positive sign.
  1. The stock is trading at a high valuation with an average P/B ratio of 22.37 and average Dividend Yield of 1.91%.
  2. The stock has a low average ROCE of 7.33%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 375.00, which may not be favorable.
  4. The company has higher borrowings (3,918.08) compared to reserves (1,237.77), which may suggest financial risk.
  5. The company has not shown consistent growth in sales (4.08) and profit (-190.92).

Should I Buy Simplex Infrastructures Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Simplex Infrastructures Ltd:
    1. Net Profit Margin: -24.74%
      • 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: 5.67% (Industry Average ROCE: 22.51%)
      • 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): 0.44
      • 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: 0.85
      • 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 of N/A (Industry average Stock P/E: 10.54)
      • 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: 19.90
      • 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 suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

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 Simplex Infrastructures 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