Financials Artefact Projects Limited

Equities

ARTEFACT6

INE885B01014

Construction & Engineering

Delayed Bombay S.E. 06:58:01 21/05/2024 BST 5-day change 1st Jan Change
84.9 INR -0.62% Intraday chart for Artefact Projects Limited +0.81% +18.94%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 225.4 140.9 159.8 247.4 443 260.2
Enterprise Value (EV) 1 388.7 289.2 240.4 349.8 580.4 336.5
P/E ratio -7.26 x 10.7 x 4.36 x 5.23 x 10.7 x 4.7 x
Yield - - - - - -
Capitalization / Revenue 1.05 x 0.62 x 0.5 x 0.77 x 1.88 x 1.43 x
EV / Revenue 1.8 x 1.28 x 0.75 x 1.09 x 2.46 x 1.85 x
EV / EBITDA 710 x 7.23 x 4.27 x 7.73 x 11.8 x 9.78 x
EV / FCF 26.7 x 14.1 x -17.6 x -4.07 x -14.2 x -13.3 x
FCF Yield 3.74% 7.1% -5.69% -24.6% -7.02% -7.53%
Price to Book 0.7 x 0.42 x 0.4 x 0.53 x 0.88 x 0.47 x
Nbr of stocks (in thousands) 5,525 5,525 5,800 7,275 7,275 7,275
Reference price 2 40.80 25.50 27.55 34.00 60.90 35.77
Announcement Date 06/10/18 04/09/19 08/09/20 08/09/21 08/09/22 07/08/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 215.6 225.6 319 320.9 235.7 181.7
EBITDA 1 0.5474 40 56.24 45.25 49.1 34.4
EBIT 1 -7.428 31.79 48.58 38.6 43.68 29.51
Operating Margin -3.45% 14.09% 15.23% 12.03% 18.53% 16.25%
Earnings before Tax (EBT) 1 -28.59 8.099 44.56 53.51 55.09 64.83
Net income 1 -31.04 13.23 35.92 39.24 41.35 53.44
Net margin -14.4% 5.86% 11.26% 12.23% 17.54% 29.42%
EPS 2 -5.617 2.394 6.318 6.498 5.684 7.610
Free Cash Flow 1 14.54 20.53 -13.69 -85.89 -40.77 -25.33
FCF margin 6.75% 9.1% -4.29% -26.77% -17.3% -13.94%
FCF Conversion (EBITDA) 2,656.75% 51.32% - - - -
FCF Conversion (Net income) - 155.23% - - - -
Dividend per Share - - - - - -
Announcement Date 06/10/18 04/09/19 08/09/20 08/09/21 08/09/22 07/08/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 163 148 80.6 102 137 76.2
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 298.4 x 3.707 x 1.434 x 2.263 x 2.797 x 2.216 x
Free Cash Flow 1 14.5 20.5 -13.7 -85.9 -40.8 -25.3
ROE (net income / shareholders' equity) -9.15% 4.01% 9.82% 9.08% 8.52% 10.1%
ROA (Net income/ Total Assets) -0.66% 2.73% 4.24% 3.22% 3.24% 2.08%
Assets 1 4,707 485.3 847.6 1,218 1,276 2,573
Book Value Per Share 2 58.60 61.00 68.10 64.60 68.90 76.50
Cash Flow per Share 2 2.640 4.700 2.520 8.240 6.330 7.120
Capex 1 3.98 1.82 1.45 1.34 0.14 -
Capex / Sales 1.85% 0.81% 0.45% 0.42% 0.06% -
Announcement Date 06/10/18 04/09/19 08/09/20 08/09/21 08/09/22 07/08/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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