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Last Updated on: 18 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Unitech Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 18, 2024, 4:30 pm

Market Cap 2,365 Cr.
Current Price 9.04
High / Low19.9/4.10
Stock P/E
Book Value 22.6
Dividend Yield0.00 %
ROCE17.6 %
ROE%
Face Value 2.00
PEG Ratio0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Unitech Ltd

Competitors of Unitech Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Hampton Sky Realty Ltd 699 Cr. 25.558.8/23.427.2 5.740.00 %15.7 %10.6 % 1.00
Grovy India Ltd 96.9 Cr. 72.798.2/22.0 14.00.03 %5.79 %5.27 % 10.0
Gothi Plascon (India) Ltd 37.8 Cr. 37.153.9/28.728.9 12.45.39 %17.8 %12.9 % 10.0
Generic Engineering Construction & Projects Ltd 213 Cr. 37.471.0/32.619.1 48.70.00 %6.62 %4.37 % 5.00
Garnet Construction Ltd 57.4 Cr. 41.357.2/16.58.63 73.30.00 %4.51 %3.13 % 10.0
Industry Average18,782.64 Cr474.4249.26130.680.52%9.56%7.85%6.07

All Competitor Stocks of Unitech Ltd

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales187691381671601061109297847661256
Expenses2327116017016496124931227183681,022
Operating Profit-45-2-22-4-410-14-2-2514-7-7-766
OPM %-24%-3%-16%-2%-2%9%-12%-2%-26%16%-9%-12%-300%
Other Income42451767667751017
Interest2322382442602641,186636668673721744789835
Depreciation2222122122221
Profit before tax-275-240-264-214-263-1,171-644-665-633-702-747-788-1,586
Tax %3%0%0%0%5%0%-0%-0%-1%0%-0%0%-1%
Net Profit-329-241-264-214-307-1,172-641-663-627-703-744-788-1,572
EPS in Rs-1.25-0.90-1.00-0.81-1.16-4.47-2.07-2.12-2.00-2.25-2.40-2.54-5.52

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales2,4412,9583,4311,8501,7301,9111,3371,716548533406477467
Expenses2,1102,7602,5252,5601,9711,9561,5342,1826355614321,2441,930
Operating Profit331198906-710-241-46-197-466-87-27-27-767-1,462
OPM %14%7%26%-38%-14%-2%-15%-27%-16%-5%-7%-161%-313%
Other Income8540-71211138-938-40-294-31764863841
Interest34851993283123285917658971,0113,1673,0882,901
Depreciation405046171296776666
Profit before tax342103-51-944-528-1,320-834-1,531-1,308-981-3,114-3,823-4,328
Tax %40%55%220%-7%-17%-1%-5%3%19%1%-0%-0%
Net Profit20546-162-880-427-1,306-794-1,583-1,608-1,026-3,103-3,807-4,310
EPS in Rs0.800.27-0.49-3.44-1.54-4.83-3.02-5.97-6.09-3.87-10.65-12.72-14.57
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-77.56%-452.17%-443.21%51.48%-205.85%39.20%-99.37%-1.58%36.19%-202.44%-22.69%
Change in YoY Net Profit Growth (%)0.00%-374.61%8.96%494.69%-257.33%245.06%-138.57%97.79%37.77%-238.63%179.75%

Unitech Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:-17%
5 Years:-19%
3 Years:-5%
TTM:33%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-66%
Stock Price CAGR
10 Years:-7%
5 Years:55%
3 Years:57%
1 Year:128%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 6:38 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital523523523523523523523523523523523523523
Reserves10,86711,03710,4188,6708,6896,6915,7174,0892,5121,479-1,378-4,718-6,428
Borrowings5,1175,3964,7162,8882,9103,6153,5553,8596,9326,9897,1677,2307,256
Other Liabilities7,96010,42212,18814,83216,06815,79517,34017,40615,91217,74220,57323,48525,315
Total Liabilities24,46727,37827,84626,91428,18926,62427,13525,87725,88026,73326,88626,52026,665
Fixed Assets3,5864,2753,4722,1572,1201,006828489465464463460459
CWIP1,3481,3711,165233240184185193180187192197198
Investments1,3021,3531,3462,1862,2222,0152,0012,0431,9821,9732,0342,0402,044
Other Assets18,23220,37921,86322,33823,60823,41824,12123,15123,25224,10924,19723,82323,964
Total Assets24,46727,37827,84626,91428,18926,62427,13525,87725,88026,73326,88626,52026,665

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +40791392-238-35-268-42-129-34-1425115
Cash from Investing Activity +-96-5477266413119884-226858413
Cash from Financing Activity +-243-417-197-453-11316-20167-54-32-25-10
Net Cash Flow68-50-33-27-17-532216-201323018

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow326.00193.00902.00-712.00-243.00-49.00-200.00-469.00-93.00-33.00-34.00-774.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days232158164301338214294141465496637521
Inventory Days8,4854,7615,0389,8692,8703,0304,7445,9395,7285,30610,5281,021
Days Payable1,9791,6041,8724,1341,0549641,6542,3892,1511,9844,004401
Cash Conversion Cycle6,7393,3153,3316,0362,1532,2793,3833,6914,0413,8187,1621,142
Working Capital Days1,5111,1439431,4471,5411,2801,3067204,5713,9722,536-757
ROCE %3%2%7%-4%-2%-0%-2%-5%-1%0%1%-18%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters5.13%5.13%5.13%5.14%5.14%5.14%5.14%5.14%5.14%5.14%5.14%5.14%
FIIs0.37%0.37%0.35%0.35%0.35%0.35%0.35%0.65%0.32%0.49%0.29%0.33%
DIIs0.91%0.91%0.90%0.91%0.91%0.91%0.91%0.91%0.91%0.91%0.91%0.90%
Public93.59%93.59%93.61%93.61%93.61%93.60%93.60%93.30%93.62%93.48%93.68%93.65%
No. of Shareholders5,96,4726,14,3696,11,6606,05,7285,98,3075,92,1935,86,0115,81,9215,90,8756,25,3626,30,2896,29,960

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)-12.72-10.65-3.87-6.10-5.97
Diluted EPS (Rs.)-12.72-10.65-3.87-6.10-5.97
Cash EPS (Rs.)-14.53-11.84-3.78-5.95-6.02
Book Value[Excl.RevalReserv]/Share (Rs.)-18.96-4.367.7711.7717.85
Book Value[Incl.RevalReserv]/Share (Rs.)-18.96-4.367.7711.7717.85
Revenue From Operations / Share (Rs.)1.821.552.042.106.56
PBDIT / Share (Rs.)-2.780.210.12-0.32-1.62
PBIT / Share (Rs.)-2.810.180.09-0.35-1.64
PBT / Share (Rs.)-14.61-11.90-3.75-5.00-5.85
Net Profit / Share (Rs.)-14.55-11.86-3.80-5.97-6.05
NP After MI And SOA / Share (Rs.)-12.72-10.65-3.87-6.09-5.97
PBDIT Margin (%)-152.6613.735.99-15.56-24.63
PBIT Margin (%)-153.9612.194.79-16.84-25.03
PBT Margin (%)-800.99-767.83-183.87-238.55-89.22
Net Profit Margin (%)-797.71-765.25-186.35-284.99-92.16
NP After MI And SOA Margin (%)-697.01-687.42-189.69-290.78-91.02
Return on Networth / Equity (%)0.000.00-50.55-52.51-33.87
Return on Capital Employeed (%)15.27-4.971.17-2.19-7.30
Return On Assets (%)-12.54-10.36-3.78-6.15-6.03
Long Term Debt / Equity (X)-0.01-0.040.020.330.24
Total Debt / Equity (X)-1.72-8.383.490.630.46
Asset Turnover Ratio (%)0.010.000.000.000.05
Current Ratio (X)0.750.860.971.071.14
Quick Ratio (X)0.660.760.860.930.99
Interest Coverage Ratio (X)-0.230.010.03-0.09-0.55
Interest Coverage Ratio (Post Tax) (X)-0.230.010.01-0.39-0.63
Enterprise Value (Cr.)8964.436791.217102.042247.792393.77
EV / Net Operating Revenue (X)18.7816.7513.314.101.39
EV / EBITDA (X)-12.30121.91221.97-26.34-5.66
MarketCap / Net Operating Revenue (X)6.140.750.990.790.17
Price / BV (X)-0.69-0.350.260.140.06
Price / Net Operating Revenue (X)6.150.750.990.790.17
EarningsYield-1.13-9.11-1.91-3.67-5.15

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Unitech Ltd as of November 18, 2024 is: 51.87

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.

As of November 18, 2024, Unitech Ltd is Undervalued by 473.78% compared to the current share price 9.04

Default values used*: Default value of 15 for Stock P/E is used, Default value of 15% for ROE is used

Intrinsic Value of Unitech Ltd as of November 18, 2024 is: 33.08

Calculation basis:

  • Intrinsic 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 intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 18, 2024, Unitech Ltd is Undervalued by 265.93% compared to the current share price 9.04

Default values used*: Default value of 15 for Stock P/E is used, Default value of 15% for ROE is used

Last 5 Year EPS CAGR: -36.23%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
    1. The stock has a low average ROCE of -1.58%, which may not be favorable.
    2. The stock has a high average Working Capital Days of 76.75, which may not be favorable.
    3. The stock has a high average Cash Conversion Cycle of 3.58, which may not be favorable.
    4. The company has higher borrowings (5,202.31) compared to reserves (4,434.23), which may suggest financial risk.
    5. The company has not shown consistent growth in sales (187.92) and profit (-223.54).

    Stock Analysis

    • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Unitech Ltd:
      1. Net Profit Margin: -797.71%
        • 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: 15.27% (Industry Average ROCE: 9.56%)
        • 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. ROE%: 0% (Industry Average ROE: 7.57%)
        • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
      4. Interest Coverage Ratio (Post Tax): -0.23
        • 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.
      5. Quick Ratio: 0.66
        • 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.
      6. Stock P/E: 0 (Industry average Stock P/E: 40.47)
        • 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.
      7. Total Debt / Equity: -1.72
        • 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 is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
      Stock Rating:

    About the Company - Qualitative Analysis

    Unitech Ltd. is a Public Limited Listed company incorporated on 09/02/1971 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74899DL1971PLC009720 and registration number is 009720. Currently company belongs to the Industry of Construction & Contracting. Company’s Total Operating Revenue is Rs. 86.03 Cr. and Equity Capital is Rs. 523.26 Cr. for the Year ended 31/03/2021.
    INDUSTRYADDRESSCONTACT
    RealtyBasement, 6, Community Centre, New Delhi Delhi 110017share.dept@unitechgroup.com
    http://www.unitechgroup.com
    Management
    NamePosition Held
    Mr. Yudhvir Singh MalikChairman & Managing Director
    Mr. Prabhakar SinghDirector
    Ms. Uma ShankarDirector
    Dr. Girish Kumar AhujaDirector
    Mr. Jitu VirwaniDirector

    FAQ

    What is the latest intrinsic value of Unitech Ltd?

    The latest intrinsic value of Unitech Ltd as on 18 November 2024 is ₹51.87, which is 473.78% higher than the current market price of ₹9.04.

    What is the Market Cap of Unitech Ltd?

    The Market Cap of Unitech Ltd is 2,365 Cr..

    What is the current Stock Price of Unitech Ltd as on 18 November 2024?

    The current stock price of Unitech Ltd as on 18 November 2024 is ₹9.04.

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

    In FY 2024, the High / Low of Unitech Ltd stocks is 19.9/4.10.

    What is the Stock P/E of Unitech Ltd?

    The Stock P/E of Unitech Ltd is .

    What is the Book Value of Unitech Ltd?

    The Book Value of Unitech Ltd is 22.6.

    What is the Dividend Yield of Unitech Ltd?

    The Dividend Yield of Unitech Ltd is 0.00 %.

    What is the ROCE of Unitech Ltd?

    The ROCE of Unitech Ltd is 17.6 %.

    What is the ROE of Unitech Ltd?

    The ROE of Unitech Ltd is %.

    What is the Face Value of Unitech Ltd?

    The Face Value of Unitech Ltd is 2.00.

    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 Unitech 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