MEP Infrastructure Developers Financial Statements

MEP Infrastructure Developers Quarterly Results

Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar Mar-2021 Mar-2020 Mar-2018 Mar-2017
Growth matrix (%)        
Revenue growth (45) (11) 34.30 (9.20)
Op profit growth 29.90 (59) (32) (16)
EBIT growth 260 (82) 14.10 (14)
Net profit growth (0.80) (209) (35) (398)
Profitability ratios (%)        
OPM 41.40 17.40 37.60 74.50
EBIT margin 33.60 5.10 24.90 29.30
Net profit margin (6.80) (3.80) 3.06 6.30
RoCE 15 3.46 18 16.10
RoNW (13) (16) 68.30 (45)
RoA (0.80) (0.60) 0.55 0.86
Per share ratios ()        
EPS (4.20) (4.70) 4.37 6.70
Dividend per share -- -- 0.30 0.25
Cash EPS (18) (26) (21) (47)
Book value per share 5.70 9.88 3.68 (0.50)
Valuation ratios        
P/E (3.80) (2.60) 17.50 7.87
P/CEPS (0.90) (0.50) (3.60) (1.10)
P/B 2.79 1.23 20.80 (108)
EV/EBIDTA 4.02 5.15 4.17 2.67
Payout (%)        
Dividend payout -- -- 6.87 3.73
Tax payout (74) 13.90 (35) (444)
Liquidity ratios        
Debtor days 17.50 11.20 9.58 3.75
Inventory days 4.67 1.27 -- --
Creditor days (651) (207) (192) (994)
Leverage ratios        
Interest coverage (1.10) (0.30) (1.20) (1)
Net debt / equity 21.50 12.90 48.80 (356)
Net debt / op. profit 4.83 6.54 3.35 2.18
Cost breakup ()        
Material costs (7) (9.70) -- --
Employee costs (7) (5.10) (3.70) (4.20)
Other costs (45) (68) (59) (21)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2021 Mar-2020 Mar-2018 Mar-2017
Revenue 1,123 2,056 2,322 1,729
yoy growth (%) (45) (11) 34.30 (9.20)
Raw materials (79) (200) -- --
As % of sales 7 9.75 -- --
Employee costs (79) (105) (85) (73)
As % of sales 7.03 5.10 3.67 4.24
Other costs (501) (1,394) (1,364) (367)
As % of sales 44.60 67.80 58.70 21.20
Operating profit 465 358 873 1,289
OPM 41.40 17.40 37.60 74.50
Depreciation (253) (392) (419) (868)
Interest expense (343) (414) (470) (493)
Other income 166 140 125 86.60
Profit before tax 34.90 (309) 109 14.20
Taxes (26) (43) (38) (63)
Tax rate (74) 13.90 (35) (444)
Minorities and other 0.15 8.91 -- --
Adj. profit 9.32 (343) 71 (49)
Exceptional items (69) 226 -- 158
Net profit (77) (77) 71 109
yoy growth (%) (0.80) (209) (35) (398)
NPM (6.80) (3.80) 3.06 6.30
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2021 Mar-2020 Mar-2018 Mar-2017
Profit before tax 34.90 (309) 109 14.20
Depreciation (253) (392) (419) (868)
Tax paid (26) (43) (38) (63)
Working capital 151 73.10 (239) 782
Other operating items -- -- -- --
Operating cashflow (92) (672) (587) (135)
Capital expenditure 1,861 1,261 2,818 (424)
Free cash flow 1,769 590 2,232 (559)
Equity raised (4.30) (29) (456) (550)
Investments 314 331 207 145
Debt financing/disposal (501) (676) (302) 242
Dividends paid -- -- 4.88 4.06
Other items -- -- -- --
Net in cash 1,577 216 1,687 (719)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar ( In .Cr) Mar-2021 Mar-2020 Mar-2019 Mar-2018
Equity capital 183 183 183 163
Preference capital -- -- -- --
Reserves (79) (2.10) 82.10 (103)
Net worth 105 181 266 59.80
Minority interest
Debt 2,293 2,431 2,768 3,032
Deferred tax liabilities (net) 11.80 -- 335 343
Total liabilities 2,422 2,626 3,369 3,435
Fixed assets 1,265 1,478 2,108 2,506
Intangible assets
Investments 317 332 280 240
Deferred tax asset (net) 56.30 67.80 448 475
Net working capital 735 657 420 102
Inventories 14.40 14.30 11.20 --
Inventory Days 4.69 2.54 -- --
Sundry debtors 67.90 40 82.50 86.40
Debtor days 22.10 7.10 -- 13.60
Other current assets 2,996 2,876 2,500 1,862
Sundry creditors (1,119) (1,230) (1,017) (701)
Creditor days 364 218 -- 110
Other current liabilities (1,224) (1,044) (1,157) (1,146)
Cash 48.50 91.40 113 113
Total assets 2,422 2,626 3,369 3,435
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Jun-2021 Mar-2021 Dec-2020 Sep-2020 Jun-2020
Gross Sales 277 282 282 341 218
Excise Duty -- -- -- -- --
Net Sales 277 282 282 341 218
Other Operating Income -- -- -- -- --
Other Income 18.40 5.27 125 15.80 19.70
Total Income 295 288 408 357 237
Total Expenditure ** 135 224 181 193 129
PBIDT 160 63.20 227 164 108
Interest 71.60 82 89.40 86.90 84.80
PBDT 88.40 (19) 137 76.90 23.10
Depreciation 64.60 49.40 48.70 92.80 61.90
Minority Interest Before NP -- -- -- -- --
Tax -- 1.93 0.35 -- --
Deferred Tax 16.40 4.65 6.02 6.10 6.67
Reported Profit After Tax 7.44 (75) 82.10 (22) (45)
Minority Interest After NP (2.40) 6.44 (4.80) (2.60) 0.82
Net Profit after Minority Interest 5.14 (92) 89.30 (65) (9)
Extra-ordinary Items (0.30) (63) -- -- --
Adjusted Profit After Extra-ordinary item 5.44 (29) 89.30 (65) (9)
EPS (Unit Curr.) 0.15 (4.70) 4.61 (3.70) (0.50)
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) -- -- -- -- --
Equity 183 183 183 183 183
Public Shareholding (Number) -- -- -- -- --
Public Shareholding (%) -- -- -- -- --
Pledged/Encumbered - No. of Shares -- -- -- -- --
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- --
Pledged/Encumbered - % in Total Equity -- -- -- -- --
Non Encumbered - No. of Shares -- -- -- -- --
Non Encumbered - % in Total Promoters Holding -- -- -- -- --
Non Encumbered - % in Total Equity -- -- -- -- --
PBIDTM(%) 57.80 22.40 80.20 48.10 49.60
PBDTM(%) 31.90 (6.60) 48.60 22.60 10.60
PATM(%) 2.69 (26) 29.10 (6.50) (21)
Open ZERO Brokerage Demat Account