Manjeera Constructions Ltd.

•

₹ 624.19%

2015-01-23

manjeera.comBSE: -NSE: MANJEERA

Market Cap₹ 45 Cr.

Current Price₹ 62

High / Low₹ 62 / 54

Stock P/E0.0

Book Value₹ 70

Price to Book0.66

Dividend Yield0.00 %

ROCE-2.1 %

ROE-5.5 %

Face Value₹ 10

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2024 • Sub-contracted contract receipts: 88.9% • Unallocated: 5.7% • Real Estates: 5.4%

PROS

Latest quarter profit grew 90.2% YoY, showing strong momentum

CONS

Company is loss-making at the operating / net level
Operating cash flow has been negative in recent years
Interest coverage is weak at -2.2x - earnings barely cover interest
Contingent liabilities are large at 364.6% of net worth
Company's return on assets is weak at -0.9%

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS

RealtyRealtyConstruction - Real Estate

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Sales Qtr Rs.Cr.	Qtr Sales Var %	ROCE %	OPM %
1.	DLF	667.10	37.14	165128.04	1.20	793.90	-89.59	1280.34	-52.87	6.81	49.68
2.	LODHA	1206.00	29.21	120500.93	0.35	1373.10	103.39	4996.70	43.10	16.89	38.51
3.	PHOENIXLTD	1915.15	53.51	68497.97	0.13	394.51	22.95	1074.94	12.80	13.70	59.77
4.	PRESTIGE	1575.00	59.57	67840.01	0.13	271.40	-12.87	2675.10	15.94	11.51	31.75
5.	OBEROIRLTY	1859.00	25.70	67593.66	0.43	543.51	29.02	1300.89	31.73	17.69	56.75
6.	GODREJPROP	1994.95	37.55	60093.18	0.50	349.38	-41.61	506.17	16.48	8.37	-57.98
7.	ANANTRAJ	631.25	39.26	22717.23	0.16	149.19	18.50	631.40	6.58	12.23	29.53
8.	BRIGADE	586.05	27.51	19120.43	0.26	216.94	37.35	1115.55	-12.93	11.02	32.33
9.	ABREL	1395.75	0.00	15589.92	0.18	-34.59	-27.73	188.85	30.95	-4.54	-30.02
10.	SOBHA	1274.40	59.10	13630.20	0.47	50.85	273.37	1278.15	50.03	6.96	6.07
11.	SIGNATURE	785.75	10.59	11054.40	0.00	-16.53	-148.00	551.99	-36.24	5.56	-8.10
12.	MANJEERA	36.00	1.96	45.03	0.00	37.72	90.22	140.70	-7.48	5.86	52.94

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
	124	234	98	152	149	144	146	141
	273	409	237	150	89	104	101	78
Operating Profit	—	—	—	—	—	—	—	—
OPM %	—	—	—	—	—	—	—	—
Other Income	18	53	7	11	5	16	6	7
Interest	108	101	102	12	0	-2	0	0
Depreciation	14	14	14	14	14	13	11	11
	-130	-123	-132	13	64	56	50	69
Tax %	-3.54%	1.18%	2.40%	-57.63%	-3.72%	-0.23%	-37.67%	45.53%
Net Profit	-135	-122	-129	20	67	56	69	38
	-11	-10	-10	2	5	4	6	3
Equity Capital	125	125	125	125	125	125	125	125
Reserves	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Equity Capital	125	125	125	125	125	125	125	125
Reserves	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Dec 2022

: 124
: 273
Operating Profit: —
OPM %: —
Other Income: 18
Interest: 108
Depreciation: 14
: -130
Tax %: -3.54%
Net Profit: -135
: -11
Equity Capital: 125
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 125
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2023

: 234
: 409
Operating Profit: —
OPM %: —
Other Income: 53
Interest: 101
Depreciation: 14
: -123
Tax %: 1.18%
Net Profit: -122
: -10
Equity Capital: 125
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 125
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2023

: 98
: 237
Operating Profit: —
OPM %: —
Other Income: 7
Interest: 102
Depreciation: 14
: -132
Tax %: 2.40%
Net Profit: -129
: -10
Equity Capital: 125
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 125
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2023

: 152
: 150
Operating Profit: —
OPM %: —
Other Income: 11
Interest: 12
Depreciation: 14
: 13
Tax %: -57.63%
Net Profit: 20
: 2
Equity Capital: 125
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 125
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2023

: 149
: 89
Operating Profit: —
OPM %: —
Other Income: 5
Interest: 0
Depreciation: 14
: 64
Tax %: -3.72%
Net Profit: 67
: 5
Equity Capital: 125
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 125
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2024

: 144
: 104
Operating Profit: —
OPM %: —
Other Income: 16
Interest: -2
Depreciation: 13
: 56
Tax %: -0.23%
Net Profit: 56
: 4
Equity Capital: 125
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 125
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2024

: 146
: 101
Operating Profit: —
OPM %: —
Other Income: 6
Interest: 0
Depreciation: 11
: 50
Tax %: -37.67%
Net Profit: 69
: 6
Equity Capital: 125
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 125
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2024

: 141
: 78
Operating Profit: —
OPM %: —
Other Income: 7
Interest: 0
Depreciation: 11
: 69
Tax %: 45.53%
Net Profit: 38
: 3
Equity Capital: 125
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 125
Reserves: 0
Promoter Pledge %: 0.00%

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2024	TTM
	7	580
	17	373
Operating Profit	-4	—
OPM %	-55	—
Other Income	6	33
Interest	2	-2
Depreciation	0	49
	-6	240
Tax %	20	4
Net Profit	-5	230
EPS	-4	—
Dividend Payout %	0	—
Minority Interest	0	0
Share of Associates	0	0
Adjusted EPS	-4	—
Minority Interest	0	0
Share of Associates	0	0
Adjusted EPS	-4	—

Mar 2024

: 7
: 17
Operating Profit: -4
OPM %: -55
Other Income: 6
Interest: 2
Depreciation: 0
: -6
Tax %: 20
Net Profit: -5
EPS: -4
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -4
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -4

TTM

: 580
: 373
Operating Profit: —
OPM %: —
Other Income: 33
Interest: -2
Depreciation: 49
: 240
Tax %: 4
Net Profit: 230
EPS: —
Dividend Payout %: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: -4%

RETURN ON EQUITY

10 Years:: —
5 Years:: —
3 Years:: —
Last Year:: -6%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2024
LIABILITIES	-
Equity Capital	13
	79
	13
Trade Payables	44
	412
Total Liabilities	561
ASSETS	-
	1
	125
	300
	37
Cash & Bank	10
	88
Total Assets	561
Total Debt	124
Net Working Capital	253
Contingent Liabilities	334
Book Value per Share	72.81
Face Value	10.00
Total Debt	124
Net Working Capital	253
Contingent Liabilities	334
Book Value per Share	72.81
Face Value	10.00

Mar 2024

Equity Capital: 13
: 79
: 13
Trade Payables: 44
: 412
Total Liabilities: 561
: 1
: 125
: 300
: 37
Cash & Bank: 10
: 88
Total Assets: 561
Total Debt: 124
Net Working Capital: 253
Contingent Liabilities: 334
Book Value per Share: 72.81
Face Value: 10.00
Total Debt: 124
Net Working Capital: 253
Contingent Liabilities: 334
Book Value per Share: 72.81
Face Value: 10.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2024
	-8
Cash from Investing	3
Cash from Financing	13
	8
Free Cash Flow	-8
OCF / Net Profit	1.50
Cumulative 5-Year FCF	0
OCF / Net Profit	1.50
Cumulative 5-Year FCF	0

Mar 2024

: -8
Cash from Investing: 3
Cash from Financing: 13
: 8
Free Cash Flow: -8
OCF / Net Profit: 1.50
Cumulative 5-Year FCF: 0
OCF / Net Profit: 1.50
Cumulative 5-Year FCF: 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2024
PER SHARE	-
EPS (₹)	-4.13
Book Value (₹)	72.81
Dividend per Share (₹)	0.00
Cash EPS (₹)	-3.89
PROFITABILITY	-
Operating Margin %	-128.62%
Net Margin %	-68.92%
ROE %	-5.55%
ROCE %	-2.07%
	-0.92%
EFFICIENCY	-
Debtor Days	2019
Inventory Days	0
Payable Days	2745
	-726
FINANCIAL HEALTH	-
Debt to Equity (x)	1.36x
Interest Coverage (x)	-2.19x
	3.37x
GROWTH	-
Revenue Growth %	-80.34%
Operating Profit Growth %	-143.59%
Net Profit Growth %	-1318.85%
	-1318.85%
VALUATION	-
P/E (x)	0.00x
P/B (x)	0.66x
Dividend Yield %	0.00%
	-42.01x

Mar 2024

EPS (₹): -4.13
Book Value (₹): 72.81
Dividend per Share (₹): 0.00
Cash EPS (₹): -3.89
Operating Margin %: -128.62%
Net Margin %: -68.92%
ROE %: -5.55%
ROCE %: -2.07%
: -0.92%
Debtor Days: 2019
Inventory Days: 0
Payable Days: 2745
: -726
Debt to Equity (x): 1.36x
Interest Coverage (x): -2.19x
: 3.37x
Revenue Growth %: -80.34%
Operating Profit Growth %: -143.59%
Net Profit Growth %: -1318.85%
: -1318.85%
P/E (x): 0.00x
P/B (x): 0.66x
Dividend Yield %: 0.00%
: -42.01x

Shareholding Pattern

Numbers in percentages

TRADES

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
	74.10	74.10	74.10	74.10	74.10	74.10	74.10	74.10
FIIs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
DIIs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	25.90	25.90	25.90	25.90	25.90	25.90	25.90	25.90

Jun 2023

: 74.10
FIIs: 0.00
DIIs: 0.00
Government: 0.00
: 25.90

Sep 2023

: 74.10
FIIs: 0.00
DIIs: 0.00
Government: 0.00
: 25.90

Dec 2023

: 74.10
FIIs: 0.00
DIIs: 0.00
Government: 0.00
: 25.90

Mar 2024

: 74.10
FIIs: 0.00
DIIs: 0.00
Government: 0.00
: 25.90

Jun 2024

: 74.10
FIIs: 0.00
DIIs: 0.00
Government: 0.00
: 25.90

Sep 2024

: 74.10
FIIs: 0.00
DIIs: 0.00
Government: 0.00
: 25.90

Dec 2024

: 74.10
FIIs: 0.00
DIIs: 0.00
Government: 0.00
: 25.90

Mar 2025

: 74.10
FIIs: 0.00
DIIs: 0.00
Government: 0.00
: 25.90

Documents

Announcements

Nothing filed yet.

Annual Reports

Nothing filed yet.

Credit Ratings

Nothing filed yet.

Concalls

Nothing filed yet.