J Kumar Infra projects ltd research report
J Kumar Infra projects Restricted is participated occupied with the execution of agreements of different foundation projects including Transportation Designing, Water system Activities, Common Development Heaping Work, and so forth
Recent result Overview
Coming to the monetary features of Q1 FY2023.
- The income from activities for Q1
- FY2023 became by 47% to Rs.994 Crores when contrasted with Rs.675 Crores in the former year Q1 FY2022.
- The working edge EBITDA for Q1 FY2023 remained at Rs.140 Crores as contrasted with Rs.97 Crores in Q1 of the first year 2022.
- EBITDA edge remains at 14.1%,
- The PAT for Q1 FY2023 has increased 93% to Rs.62 Crores when contrasted with Rs.32 Crores of Q1 FY2022,
- PAT edge for Q1 remained at 6.2% when contrasted with 4.8% in the going before year.
- The organization kept on zeroing in on the working limit of the executives
- Great nature of work and great request book and absolute request book as on June 30, 2022 stands
- at Rs.1295 Crores,
- The request book altogether incorporates metro projects contributing practically 57% by flyover scaffolds and street projects add to around 35%.
Outlook For Coming years
- We stay hopeful on Indian recuperation in the midst of the proceeding worldwide international and
- J Kumar's vision is to be a $1 billion income organization by the year 2027
- we expect our request book to go about Rs.20000 Crores by 2027.
- With solid monetary and specialized measurements, we visualized becoming $1 billion income organization by 2027
- Obviously, our undertaking is to pay off the gross obligation level in the medium term, the objective is to ceaselessly
- further develop the investor's return issue by putting resources into individuals' innovation and cycle.
Stock Price chart analysis
- Stock major support is at 215 level
- Resistance for the stock is at the 300 level
- Stock is trading in a channel
- We need to buy the stock when it touches the lower back of the channel shown in blue color.
- Immediate resistance for the stock is at 271 level.
Credit report of J Kumar Infra
JKIL's credit measurements improved during 9MFY22
- Because of an expansion in the outright EBITDA to INR3,454 million (FY21: INR3,114 million, FY20: INR4,289 million, 9MFY21: INR2,070 million).
- During 9MFY22, JKIL's gross revenue cover (EBITDA/gross revenue cost) was 4.7x (FY21: 3.0x; FY20: 4.4x) and the net influence (obligation less unhindered money/EBITDA) remained at 1.2x on a following a year premise (1.6x, 1.5x).
- The organization hopes to keep up with its obligation level under INR5,000 million over the medium term, notwithstanding an expansion in its size of activities, supported areas of strength for by execution, with the interest inclusion above 5x and net influence beneath 1x.
Liquidity Pointer
- Sufficient: JKIL's net money transformation cycle abbreviated to 113 days during 9MFY22 (9MFY21: 150 days; FY21: 121 days) because of a fall in the stock days to 151 days (193; 180).
- The organization's receivables expanded to INR9,000 million during 9MFY22 (9MFY21:
- INR6,299 million; FY21: INR6,198 million), generally determined by the beginning of the third flood of Coronavirus.
- The income from tasks rose to INR2,853 million in FY21 (FY20: INR1,875 million)
- Because of good developments in the functioning capital.
- JKIL had unrestricted endlessly cash reciprocals of INR600 million at end-December 2021 (FY21: INR457 million), while its reimbursements are sensible (FY22: INR367 million, FY23:
- INR172 million, FY24: INR44 million).
- The organization had used around 80% of its INR3,700 million asset-based consortium limits and 92% of its INR11,220 million non-store-based consortium limits for the year finished end-December 2021.
- Notwithstanding, JKIL has an extra pad as venture explicit asset-based restrictions of INR2,972 million (24% used) and non-store based constraints of INR21,488 million (55% used), which the organization uses in view of the undertaking explicit incomes and different necessities, bringing about the liquidity staying agreeable.
Shareholding Pattern in J Kumar Infra
- Foreign Investors increased their holding from 6.41 to 9.71%
- Domestic investors increased their stack to 10.5 to 13.4%
- Promotor also increased their holding
The top FII Investment in this stock is
- Smallcap World Fund, Inc
- Government Pension Fund Global
- American Funds Insurance Series Global Small Capit...
- Letko Brosseau Emerging Markets Equity Fund
- Blackrock Global Funds Asian Dragon Fund
The top Mutual Fund Investment in this stock is
- Hdfc Trustee Company Limited - Hdfc Infrastructure Fund
- Hdfc Trustee Company Ltd. A/C Hdfc Balanced Advantage Fund
- Abakkus Growth Fund-2
- Uti- Infrastructure Fund
Top Individual Investors in this is
- Mukul Mahavir Agrawal
- Vikas Vijaykumar Khemani
- Hirise Infracon Limited
- Saffron Agencies Limited
- Keswani Haresh
- Allied Commodities Private Limited
- Intellect Stock Broking Limited
- Abhijit Periwal
- Dolly Khanna
- Gaganbase Vincom Pvt. Ltd.
Promotor Buying the stock at 200 Level Here is the data
- This stock will double in one year
- If you hold this stock for 1 year your return will be more than double
- Stock will surely Touch the level of 400+ in the coming days
This is just for educational purposes
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