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Last Updated on: 04 March, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Tantia Constructions Ltd

About the Company - Tantia Constructions Ltd

Tantia Constructions Ltd. is a Public Limited Listed company incorporated on 04/12/1964 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L74210WB1964PLC026284 and registration number is 026284. Currently Company is involved in the business activities of Construction roads and railways. Company’s Total Operating Revenue is Rs. 100.37 Cr. and Equity Capital is Rs. 28.74 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Construction & ContractingDD- 30, Sector-1, Salt Lake City, Kolkata West Bengal 700064cs@tantiagroup.com
http://www.tantiagroup.com
Management
NamePosition Held
Mr. Ishwari Prasad TantiaChairman & Managing Director
Mr. Rahul TantiaDirector - Operations

Tantia Constructions Ltd. Share Price Update

Share PriceValue
Today₹44.61
Previous Day₹42.49

Basic Stock Data of Tantia Constructions Ltd

Market Cap 709 Cr.
Current Price 45.8
High / Low49.2/8.40
Stock P/E76.8
Book Value 16.0
Dividend Yield0.00 %
ROCE0.05 %
ROE0.94 %
Face Value 1.00

Data Source: screener.in

Competitors of Tantia Constructions Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Prestige Estates Projects Ltd 48,218 Cr. 1,2031,440/39228.5 2750.12 %10.3 %7.56 % 10.0
Sobha Ltd 15,419 Cr. 1,6261,678/412170 2630.18 %8.32 %4.24 % 10.0
Poddar Housing & Development Ltd 65.7 Cr. 104161/80.9 1390.00 %3.95 %34.9 % 10.0
Vipul Ltd 321 Cr. 26.826.8/10.013.3 6.850.00 %3.82 %17.1 % 1.00
Peninsula Land Ltd 1,817 Cr. 58.871.6/11.019.6 2.900.00 %26.1 %% 2.00
Industry Average13,168.14 Cr603.7246.28137.350.06%10.50%12.76%6.60

Tantia Constructions Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales14.6745.4637.809.1320.0133.4319.0216.0516.2142.5819.083.228.09
Expenses12.6543.0440.6211.8518.9331.0128.5521.4418.7136.4426.363.017.90
Operating Profit2.022.42-2.82-2.721.082.42-9.53-5.39-2.506.14-7.280.210.19
OPM %13.77%5.32%-7.46%-29.79%5.40%7.24%-50.11%-33.58%-15.42%14.42%-38.16%6.52%2.35%
Other Income1.0814.110.292.083.010.871.991.160.4911.280.810.681.29
Interest1.62-0.610.390.370.360.830.590.580.560.380.400.350.31
Depreciation1.301.281.141.131.121.101.121.040.980.800.620.660.57
Profit before tax0.1815.86-4.06-2.142.611.36-9.25-5.85-3.5516.24-7.49-0.120.60
Tax %5.56%-0.13%-0.49%0.00%0.38%-1.47%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit0.1715.88-4.08-2.142.601.38-9.25-5.85-3.5516.24-7.49-0.120.60
EPS in Rs0.065.52-1.42-0.740.900.48-3.22-2.04-1.245.65-2.61-0.060.32

Tantia Constructions Ltd Quarterly Chart

Tantia Constructions Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales588.86632.84708.33517.38308.91234.60186.79217.96135.94101.96100.3793.8672.97
Expenses496.70537.89610.05464.37307.89231.27189.01363.41192.3195.05102.42105.1473.71
Operating Profit92.1694.9598.2853.011.023.33-2.22-145.45-56.376.91-2.05-11.28-0.74
OPM %15.65%15.00%13.87%10.25%0.33%1.42%-1.19%-66.73%-41.47%6.78%-2.04%-12.02%-1.01%
Other Income2.396.217.2711.125.039.858.0335.78375.5115.596.2514.9214.06
Interest72.7276.2589.0796.4174.3590.1462.4671.664.741.551.962.111.44
Depreciation11.3412.6311.5621.4713.7511.748.438.176.085.204.493.942.65
Profit before tax10.4912.284.92-53.75-82.05-88.70-65.08-189.50308.3215.75-2.25-2.419.23
Tax %56.82%24.92%-91.87%-1.95%2.73%1.71%70.13%0.00%-0.00%0.06%-0.44%0.00%
Net Profit4.539.229.44-54.47-79.81-87.18-19.44-189.50308.3315.74-2.26-2.419.23
EPS in Rs2.634.905.02-28.94-42.40-30.33-6.76-65.93107.275.48-0.79-0.843.07
Dividend Payout %57.02%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Tantia Constructions Ltd Profit & Loss Yearly Chart

YoY Net Profit Growth
Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)103.53%2.39%-677.01%-46.52%-9.23%77.70%-874.79%262.71%-94.90%-114.36%-6.64%
Change in YoY Net Profit Growth (%)0.00%-101.15%-679.40%630.49%37.29%86.94%-952.50%1137.50%-357.60%-19.46%107.72%

Tantia Constructions Ltd Growth

Compounded Sales Growth
10 Years:-17%
5 Years:-13%
3 Years:-12%
TTM:-14%
Compounded Profit Growth
10 Years:%
5 Years:13%
3 Years:24%
TTM:153%
Stock Price CAGR
10 Years:12%
5 Years:67%
3 Years:178%
1 Year:341%
Return on Equity
10 Years:-25%
5 Years:-25%
3 Years:0%
Last Year:-1%

Tantia Constructions Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital17.2218.8218.8218.8218.8228.7428.7428.7428.7428.7428.7428.741.88
Reserves146.43236.00245.44194.96161.0498.4389.07-92.27216.27232.01229.75227.33246.61
Preference Capital0.140.910.91-0.00-0.00-0.00-0.00-0.00-0.00-0.00-0.00-0.00
Borrowings629.54721.30836.52949.791,044.43983.301,038.381,074.55337.68337.70337.70337.70291.76
Other Liabilities96.61119.27264.46187.09245.90315.86318.74341.7780.5995.0484.18144.86172.89
Total Liabilities889.801,095.391,365.241,350.661,470.191,426.331,474.931,352.79663.28693.49680.37738.63713.14
Fixed Assets116.61115.73109.0179.0866.7572.1462.3433.5927.7022.6614.9712.209.50
CWIP41.99106.96175.01208.33272.78372.71429.28420.43420.43420.02420.55422.34422.35
Investments1.670.821.191.351.354.004.8315.5115.3814.8914.6713.4613.46
Other Assets729.53871.881,080.031,061.901,129.31977.48978.48883.26199.77235.92230.18290.63267.83
Total Assets889.801,095.391,365.241,350.661,470.191,426.331,474.931,352.79663.28693.49680.37738.63713.14

Tantia Constructions Ltd Reserves and Borrowings Chart

Tantia Constructions Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 22.33-3.575.73-33.641.1818.475.06-37.40826.7038.10-3.751.04
Cash from Investing Activity -69.00-75.76-61.66-14.17-64.83-48.88-41.3131.264.68-23.12-3.514.57
Cash from Financing Activity 58.8594.0938.3646.4170.9037.9424.305.70-832.57-0.97-0.39-0.37
Net Cash Flow12.1814.76-17.57-1.407.257.53-11.95-0.44-1.1914.01-7.655.24

Tantia Constructions Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days99.5786.04141.33163.69308.49330.24356.93299.82109.5299.1395.2099.63
Inventory Days484.71356.15494.26611.12960.171,282.461,549.00184.01233.63356.86356.49
Days Payable97.37117.27370.98242.44597.72563.15608.07275.40175.76183.66144.71
Cash Conversion Cycle486.91324.92264.61532.37670.941,049.551,297.86208.44167.3999.13268.41311.41
Working Capital Days346.63368.02366.79547.95864.38902.39518.6716.76198.5684.99135.13227.53
ROCE %11.50%10.02%9.00%2.99%-0.64%0.41%-0.34%-10.91%-2.69%0.81%-0.20%-0.05%

Tantia Constructions Ltd Financial Efficiency Indicators Chart

Tantia Constructions Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters72.88%72.88%72.88%72.88%72.88%72.88%72.88%72.88%72.88%58.60%58.60%94.97%
Public27.12%27.12%27.12%27.12%27.12%27.12%27.10%27.12%27.10%41.40%41.40%5.05%
No. of Shareholders11,71610,16910,29311,81311,71611,42811,20411,10710,91810,82010,63810,696

Tantia Constructions Ltd Shareholding Pattern Chart

No. of Tantia Constructions Ltd Shareholders

This stock is not held by any mutual fund

Tantia Constructions Ltd ROCE Trend

Tantia Constructions Ltd EPS Trend

Tantia Constructions Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-0.84-0.795.48107.28-65.93
Diluted EPS (Rs.)-0.84-0.795.48107.28-65.93
Cash EPS (Rs.)0.610.847.37109.40-63.09
Book Value[Excl.RevalReserv]/Share (Rs.)89.1189.9590.7385.26-22.10
Book Value[Incl.RevalReserv]/Share (Rs.)89.1189.9590.7385.26-22.10
Revenue From Operations / Share (Rs.)32.6634.9235.4847.3075.84
PBDIT / Share (Rs.)1.351.533.33-5.36-44.61
PBIT / Share (Rs.)-0.01-0.021.52-7.47-47.45
PBT / Share (Rs.)-0.75-0.705.56107.28-65.94
Net Profit / Share (Rs.)-0.75-0.715.56107.28-65.94
NP After MI And SOA / Share (Rs.)-0.83-0.785.48107.28-65.94
PBDIT Margin (%)4.144.399.38-11.32-58.82
PBIT Margin (%)-0.05-0.074.28-15.80-62.57
PBT Margin (%)-2.30-2.0315.68226.80-86.94
Net Profit Margin (%)-2.30-2.0415.67226.81-86.94
NP After MI And SOA Margin (%)-2.56-2.2515.43226.81-86.94
Return on Networth / Equity (%)-0.94-0.876.03125.840.00
Return on Capital Employeed (%)-0.01-0.031.64-8.68341.03
Return On Assets (%)-0.32-0.332.2946.48-14.00
Total Debt / Equity (X)1.321.310.190.20-9.18
Asset Turnover Ratio (%)0.130.140.180.150.16
Current Ratio (X)0.480.360.370.380.59
Quick Ratio (X)0.430.310.310.330.53
Inventory Turnover Ratio (X)1.250.660.540.460.42
Interest Coverage Ratio (X)1.842.256.17-3.25-2.40
Interest Coverage Ratio (Post Tax) (X)-0.02-0.042.81-4.53-2.55
Enterprise Value (Cr.)329.86338.818.8648.29581.22
EV / Net Operating Revenue (X)3.513.380.080.352.67
EV / EBITDA (X)84.8076.830.92-3.14-4.53
MarketCap / Net Operating Revenue (X)0.270.360.080.030.04
Price / BV (X)0.100.140.030.01-0.15
Price / Net Operating Revenue (X)0.270.360.080.030.04
EarningsYield-0.09-0.061.7971.05-18.95

Tantia Constructions Ltd Profitability Ratios (%)

Tantia Constructions Ltd Liquidity Ratios

Tantia Constructions Ltd Liquidity Ratios (%)

Tantia Constructions Ltd Interest Coverage Ratios (X)

Tantia Constructions Ltd Valuation Ratios

Fair Value / Intrinsic Value of Tantia Constructions Ltd

Fair Value: ₹11.78

The stock is overvalued by 74.28% compared to the current price ₹45.8

*Investments are subject to market risks

Strength and Weakness of Tantia Constructions Ltd

StrengthWeakness
  1. The company has higher reserves (171.62 cr) compared to borrowings (0.15 cr), indicating strong financial stability.
  1. The stock is trading at a high valuation with an average P/B ratio of -10.69 and average Dividend Yield of -14.84%.
  2. The stock has a low average ROCE of 1.66%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 381.48, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 278.04, which may not be favorable.
  5. The company has not shown consistent growth in sales (300.06) and profit (-9.44).

Should I Buy Tantia Constructions Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Tantia Constructions Ltd:
    1. Net Profit Margin: -2.30%
      • 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: -0.01% (Industry Average ROCE: 10.5%)
      • 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): -0.02
      • 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: 0.43
      • 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: 76.8 (Industry average Stock P/E: 46.28)
      • 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: 1.32
      • 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 Tantia Constructions 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