NSEI:GAMMNINFRA

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Gammon Infrastructure Projects

Executive Summary

Gammon Infrastructure Projects Limited develops various infrastructure projects in India. More Details


Snowflake Analysis

Undervalued with questionable track record.


Similar Companies

Share Price & News

How has Gammon Infrastructure Projects's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GAMMNINFRA is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: GAMMNINFRA's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Indian stocks.


Market Performance


7 Day Return

0%

GAMMNINFRA

0.3%

IN Construction

1.8%

IN Market


1 Year Return

50.0%

GAMMNINFRA

-13.4%

IN Construction

7.9%

IN Market

Return vs Industry: GAMMNINFRA exceeded the Indian Construction industry which returned -13.6% over the past year.

Return vs Market: GAMMNINFRA exceeded the Indian Market which returned 7.9% over the past year.


Shareholder returns

GAMMNINFRAIndustryMarket
7 Day0%0.3%1.8%
30 Day0%16.8%10.9%
90 Day-20.0%9.0%9.8%
1 Year50.0%50.0%-10.8%-13.4%10.0%7.9%
3 Year-80.0%-80.0%-23.7%-27.5%8.1%2.8%
5 Year-91.5%-91.5%13.4%5.4%55.3%43.6%

Long-Term Price Volatility Vs. Market

How volatile is Gammon Infrastructure Projects's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Gammon Infrastructure Projects undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GAMMNINFRA (₹0.6) is trading below our estimate of fair value (₹15.24)

Significantly Below Fair Value: GAMMNINFRA is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: GAMMNINFRA is good value based on its PE Ratio (0.8x) compared to the IN Construction industry average (13x).

PE vs Market: GAMMNINFRA is good value based on its PE Ratio (0.8x) compared to the Indian market (17.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: GAMMNINFRA is good value based on its PB Ratio (0.2x) compared to the IN Construction industry average (0.7x).


Next Steps

Future Growth

How is Gammon Infrastructure Projects forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.5%

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 Gammon Infrastructure Projects 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 Gammon Infrastructure Projects performed over the past 5 years?

4.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GAMMNINFRA has a large one-off gain of ₹3.2B impacting its September 30 2020 financial results.

Growing Profit Margin: GAMMNINFRA became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: GAMMNINFRA has become profitable over the past 5 years, growing earnings by 4.9% per year.

Accelerating Growth: GAMMNINFRA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: GAMMNINFRA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (-20%).


Return on Equity

High ROE: GAMMNINFRA's Return on Equity (9.5%) is considered low.


Next Steps

Financial Health

How is Gammon Infrastructure Projects's financial position?


Financial Position Analysis

Short Term Liabilities: GAMMNINFRA's short term assets (₹2.0B) do not cover its short term liabilities (₹27.0B).

Long Term Liabilities: GAMMNINFRA's short term assets (₹2.0B) do not cover its long term liabilities (₹8.9B).


Debt to Equity History and Analysis

Debt Level: GAMMNINFRA's debt to equity ratio (1186%) is considered high.

Reducing Debt: GAMMNINFRA's debt to equity ratio has increased from 317.4% to 1186% over the past 5 years.

Debt Coverage: GAMMNINFRA's debt is not well covered by operating cash flow (10.3%).

Interest Coverage: GAMMNINFRA's interest payments on its debt are not well covered by EBIT (0.1x coverage).


Balance Sheet


Next Steps

Dividend

What is Gammon Infrastructure Projects's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate GAMMNINFRA'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 GAMMNINFRA's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GAMMNINFRA'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?

5.3yrs

Average management tenure


CEO

Kishore Mohanty (63 yo)

0.17

Tenure

₹23,179,569

Compensation

Mr. Kishore Kumar Mohanty, B.Tech, M.B.A., serves as Director of Sweta Padma Finance & Leasing Pvt. Limited, MAC Infrastructure Equipment Limited and SREI Insurance Services Limited. He serves as Managing ...


CEO Compensation Analysis

Compensation vs Market: Kishore's total compensation ($USD313.10K) is above average for companies of similar size in the Indian market ($USD50.34K).

Compensation vs Earnings: Kishore's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Kishore Mohanty
Managing Director0.17yr₹23.18m0.28%
₹ 1.5m
Naresh Sasanwar
Chief Financial Officer2.75yrs₹1.98mno data
Kaushal Shah
Compliance Officer & Company Secretary3yrs₹659.78kno data
Manu Trivedi
Presidentno datano datano data
Atulesh Sharma
General Manager of Technicalno datano datano data
Prakash Naik
Head of Legal Department8.67yrsno datano data
Kaushik Chaudhuri
Head of Risk & Internal Audit8.83yrs₹7.23mno data
Pavneet Sethi
Chief Operating Officer of Operation7.58yrsno datano data
M. Ramanamurthy
Head of Operations - Road Businessno datano datano data
Prakash R.
President of Roadsno datano datano data

5.3yrs

Average Tenure

52yo

Average Age

Experienced Management: GAMMNINFRA's management team is seasoned and experienced (5.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kishore Mohanty
Managing Director0.17yr₹23.18m0.28%
₹ 1.5m
Homai Daruwalla
Independent Director9yrs₹550.00k0.000060%
₹ 322.1
Chayan Bhattacharjee
Whole Time Director2.42yrs₹2.57m0.0054%
₹ 29.3k
Mahendra Agrawala
Independent Director2.08yrs₹550.00kno data
Jaysingh Ashar
Additional Non-Executive Director0.75yrno data0.00057%
₹ 3.1k
Sunilbhai Chhabaria
Additional Independent Director0.33yrno datano data
Vinod Sahai
Additional Independent Director0.33yrno datano data

0.8yrs

Average Tenure

68yo

Average Age

Experienced Board: GAMMNINFRA's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


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

Gammon Infrastructure Projects Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gammon Infrastructure Projects Limited
  • Ticker: GAMMNINFRA
  • Exchange: NSEI
  • Founded: 2001
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: ₹536.844m
  • Shares outstanding: 941.83m
  • Website: https://www.gammoninfra.com

Location

  • Gammon Infrastructure Projects Limited
  • Orbit Plaza CHS
  • 5th Floor,Plot No. 952/954
  • Mumbai
  • Maharashtra
  • 400025
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532959BSE (Mumbai Stock Exchange)YesEquity SharesININRApr 2008
GAMMNINFRANSEI (National Stock Exchange of India)YesEquity SharesININRApr 2008

Biography

Gammon Infrastructure Projects Limited develops various infrastructure projects in India. The company develops roads and expressways, ports, airports, railways, power transmission lines, and special econom...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/28 12:16
End of Day Share Price2020/11/27 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.