BSE:533167

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Coromandel Engineering

Executive Summary

Coromandel Engineering Company Limited engages in construction and property development businesses in India.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Coromandel Engineering's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 533167's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

14.3%

533167

10.0%

IN Construction

4.3%

IN Market


1 Year Return

-28.9%

533167

-43.6%

IN Construction

-20.7%

IN Market

Return vs Industry: 533167 exceeded the Indian Construction industry which returned -43.6% over the past year.

Return vs Market: 533167 underperformed the Indian Market which returned -20.7% over the past year.


Shareholder returns

533167IndustryMarket
7 Day14.3%10.0%4.3%
30 Day2.9%0.3%-1.7%
90 Day11.5%-24.4%-14.4%
1 Year-28.9%-28.9%-42.3%-43.6%-19.1%-20.7%
3 Year-67.4%-67.4%-34.2%-37.1%-9.4%-14.3%
5 Year-68.2%-68.2%-19.3%-24.5%13.2%2.6%

Price Volatility Vs. Market

How volatile is Coromandel Engineering's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Coromandel Engineering undervalued compared to its fair value and its price relative to the market?

54.86x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 533167 (₹18) is trading above our estimate of fair value (₹9.58)

Significantly Below Fair Value: 533167 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 533167 is unprofitable, so we can't compare its PE Ratio to the Construction industry average.

PE vs Market: 533167 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 533167's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 533167 is overvalued based on its PB Ratio (54.9x) compared to the IN Construction industry average (0.4x).


Next Steps

Future Growth

How is Coromandel Engineering forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.6%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Coromandel Engineering has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Coromandel Engineering performed over the past 5 years?

-39.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 533167 is currently unprofitable.

Growing Profit Margin: 533167 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 533167 is unprofitable, and losses have increased over the past 5 years at a rate of -39.6% per year.

Accelerating Growth: Unable to compare 533167's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 533167 is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (2.7%).


Return on Equity

High ROE: 533167 has a negative Return on Equity (-909.91%), as it is currently unprofitable.


Next Steps

Financial Health

How is Coromandel Engineering's financial position?


Financial Position Analysis

Short Term Liabilities: 533167's short term assets (₹563.9M) exceed its short term liabilities (₹401.1M).

Long Term Liabilities: 533167's short term assets (₹563.9M) exceed its long term liabilities (₹440.2M).


Debt to Equity History and Analysis

Debt Level: 533167's debt to equity ratio (5797.2%) is considered high.

Reducing Debt: 533167's debt to equity ratio has increased from 243.1% to 5797.2% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if 533167 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 533167 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Coromandel Engineering's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 533167's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 533167's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 533167's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 533167's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 533167 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 533167's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.8yrs

Average board tenure


CEO

R. Ramkumar

1.33yrs

Tenure

Dr. R. Ramkumar has been Chief Executive at Coromandel Engineering Company Limited since 2019. 


Board Members

NamePositionTenureCompensationOwnership
Muthiah Venkatachalam
Non-Executive Chairmanno data₹70.00k1.37% 8.2m
G. Jalaja
Non-Executive Director5.17yrs₹50.00kno data
P. Nagarajan
Non-Executive Independent Director5.83yrs₹110.00kno data
M. Arun Arunachalam
Non Executive Director24.58yrs₹100.00k1.09% 6.5m
N. Ravi
Non-Executive Independent Director8.17yrs₹90.00kno data
R. Surendran
Non-Executive Independent Director4.33yrs₹80.00kno data

5.8yrs

Average Tenure

61yo

Average Age

Experienced Board: 533167's board of directors are considered experienced (5.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Coromandel Engineering Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Coromandel Engineering Company Limited
  • Ticker: 533167
  • Exchange: BSE
  • Founded: 1947
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: ₹598.205m
  • Shares outstanding: 33.23m
  • Website: https://www.coromandelengg.com

Number of Employees


Location

  • Coromandel Engineering Company Limited
  • Parry House
  • 5th Floor
  • Chennai
  • Tamil Nadu
  • 600001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
533167BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2010

Biography

Coromandel Engineering Company Limited engages in construction and property development businesses in India. It constructs residential and commercial projects, as well as undertakes contract projects. The company was founded in 1947 and is headquartered in Chennai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/31 13:17
End of Day Share Price2020/05/29 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.