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Madhucon Projects

NSEI:MADHUCON
Snowflake Description

Slightly overvalued with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MADHUCON
NSEI
₹489M
Market Cap
  1. Home
  2. IN
  3. Capital Goods
Company description

Madhucon Projects Limited, together with its subsidiaries, operates as an integrated construction, infrastructure development, and management company in India. The last earnings update was 19 days ago. More info.


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  • Madhucon Projects has significant price volatility in the past 3 months.
MADHUCON Share Price and Events
7 Day Returns
-13.5%
NSEI:MADHUCON
-0.2%
IN Construction
-1.3%
IN Market
1 Year Returns
-48.7%
NSEI:MADHUCON
0.7%
IN Construction
-1.6%
IN Market
MADHUCON Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Madhucon Projects (MADHUCON) -13.5% -8.2% 20.7% -48.7% -85.8% -83.9%
IN Construction -0.2% 12.1% 4.3% 0.7% 39.2% 39.6%
IN Market -1.3% 4.7% 0.7% -1.6% 32.8% 41.8%
1 Year Return vs Industry and Market
  • MADHUCON underperformed the Construction industry which returned 0.7% over the past year.
  • MADHUCON underperformed the Market in India which returned -1.6% over the past year.
Price Volatility
MADHUCON
Industry
5yr Volatility vs Market
Related Companies

MADHUCON Value

 Is Madhucon Projects undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Madhucon Projects to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Madhucon Projects.

NSEI:MADHUCON Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 24.8%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NSEI:MADHUCON
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Construction Unlevered Beta Simply Wall St/ S&P Global 1
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.004 (1 + (1- 35%) (11767.76%))
52.478
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (2 * 8.6%)
24.75%

Discounted Cash Flow Calculation for NSEI:MADHUCON using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Madhucon Projects is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NSEI:MADHUCON DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 24.75%)
2019 1,697.01 Est @ 9.88% 1,360.33
2020 1,852.80 Est @ 9.18% 1,190.55
2021 2,013.83 Est @ 8.69% 1,037.29
2022 2,181.96 Est @ 8.35% 900.92
2023 2,358.89 Est @ 8.11% 780.74
2024 2,546.22 Est @ 7.94% 675.54
2025 2,745.44 Est @ 7.82% 583.89
2026 2,957.99 Est @ 7.74% 504.28
2027 3,185.29 Est @ 7.68% 435.29
2028 3,428.77 Est @ 7.64% 375.61
Present value of next 10 years cash flows ₹7,844.43
NSEI:MADHUCON DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹3,428.77 × (1 + 7.55%) ÷ (24.75% – 7.55%)
₹21,439.78
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹21,439.78 ÷ (1 + 24.75%)10
₹2,348.63
NSEI:MADHUCON Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹7,844.43 + ₹2,348.63
₹10,193.06
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹10,193.06 / 73.79
₹138.13
NSEI:MADHUCON Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹139.59
Current discount Discount to share price of ₹6.70
= -1 x (₹6.70 - ₹139.59) / ₹139.59
95.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Madhucon Projects is available for.
Intrinsic value
>50%
Share price is ₹6.7 vs Future cash flow value of ₹139.59
Current Discount Checks
For Madhucon Projects to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Madhucon Projects's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Madhucon Projects's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Madhucon Projects's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Madhucon Projects's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:MADHUCON PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹-46.60
BSE:531497 Share Price ** BSE (2019-06-14) in INR ₹6.63
India Construction Industry PE Ratio Median Figure of 92 Publicly-Listed Construction Companies 14.98x
India Market PE Ratio Median Figure of 2,824 Publicly-Listed Companies 15.83x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Madhucon Projects.

NSEI:MADHUCON PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:531497 Share Price ÷ EPS (both in INR)

= 6.63 ÷ -46.60

-0.14x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Madhucon Projects is loss making, we can't compare its value to the IN Construction industry average.
  • Madhucon Projects is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Madhucon Projects's expected growth come at a high price?
Raw Data
NSEI:MADHUCON PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.14x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India Construction Industry PEG Ratio Median Figure of 26 Publicly-Listed Construction Companies 0.93x
India Market PEG Ratio Median Figure of 521 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Madhucon Projects, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Madhucon Projects's assets?
Raw Data
NSEI:MADHUCON PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹-287.61
BSE:531497 Share Price * BSE (2019-06-14) in INR ₹6.63
India Construction Industry PB Ratio Median Figure of 118 Publicly-Listed Construction Companies 0.88x
India Market PB Ratio Median Figure of 3,653 Publicly-Listed Companies 1x
NSEI:MADHUCON PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:531497 Share Price ÷ Book Value per Share (both in INR)

= 6.63 ÷ -287.61

-0.02x

* Primary Listing of Madhucon Projects.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Madhucon Projects has negative assets, we can't compare the value of its assets to the IN Construction industry average.
X
Value checks
We assess Madhucon Projects's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Construction industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Construction industry average (and greater than 0)? (1 check)
  5. Madhucon Projects has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MADHUCON Future Performance

 How is Madhucon Projects expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Madhucon 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
13.4%
Expected Construction industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Madhucon Projects expected to grow at an attractive rate?
  • Unable to compare Madhucon Projects's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Madhucon Projects's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Madhucon Projects's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:MADHUCON Future Growth Rates Data Sources
Data Point Source Value (per year)
India Construction Industry Earnings Growth Rate Market Cap Weighted Average 13.4%
India Construction Industry Revenue Growth Rate Market Cap Weighted Average 10.9%
India Market Earnings Growth Rate Market Cap Weighted Average 16.6%
India Market Revenue Growth Rate Market Cap Weighted Average 9.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:MADHUCON Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:MADHUCON Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NSEI:MADHUCON Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 9,832 -3,439
2018-03-31 10,705 5,708 -8,658
2017-03-31 15,955 6,834 -7,248

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Madhucon Projects is high growth as no earnings estimate data is available.
  • Unable to determine if Madhucon Projects is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:MADHUCON Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Madhucon Projects Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:MADHUCON Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NSEI:MADHUCON Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 -46.60
2018-03-31 -117.33
2017-03-31 -98.21

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Madhucon Projects will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of MADHUCON’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Madhucon Projects's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. Madhucon Projects's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Madhucon Projects's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Madhucon Projects has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MADHUCON Past Performance

  How has Madhucon Projects performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Madhucon Projects's growth in the last year to its industry (Construction).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Madhucon Projects does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Madhucon Projects's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Madhucon Projects's 1-year growth to the IN Construction industry average as it is not currently profitable.
Earnings and Revenue History
Madhucon Projects's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Madhucon Projects Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:MADHUCON Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 9,831.80 -3,438.91 451.93
2018-03-31 10,704.82 -8,658.37 1,595.36
2017-03-31 15,955.37 -7,247.76 473.19
2016-03-31 25,994.26 205.46 421.13
2015-03-31 20,380.60 -35.42 393.94
2014-03-31 16,180.57 -2,238.00 1,951.10
2013-03-31 9,023.57 -2,767.45 1,541.87

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Madhucon Projects has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Madhucon Projects has efficiently used its assets last year compared to the IN Construction industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Madhucon Projects improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Madhucon Projects's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Construction industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Madhucon Projects has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MADHUCON Health

 How is Madhucon Projects's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Madhucon Projects's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Madhucon Projects's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Madhucon Projects's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Madhucon Projects's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Madhucon Projects has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Madhucon Projects Company Filings, last reported 2 months ago.

NSEI:MADHUCON Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 -21,689.26 57,574.99 15,435.33
2018-03-31 -17,756.16 69,943.39 445.58
2017-03-31 -7,104.23 67,479.56 640.59
2016-03-31 -1,240.61 66,928.85 1,569.87
2015-03-31 -1,310.28 64,529.74 813.21
2014-03-31 -1,311.45 59,541.24 1,134.04
2013-03-31 695.18 54,392.81 562.77
  • Madhucon Projects has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Madhucon Projects's debt level has increased considering it has negative shareholder equity.
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.

  • Whilst loss making Madhucon Projects has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Madhucon Projects has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -83.1% per year.
X
Financial health checks
We assess Madhucon Projects's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Madhucon Projects has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MADHUCON Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Madhucon Projects dividends.
If you bought ₹2,000 of Madhucon Projects shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Madhucon Projects's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Madhucon Projects's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:MADHUCON Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Construction Industry Average Dividend Yield Market Cap Weighted Average of 49 Stocks 1.2%
India Market Average Dividend Yield Market Cap Weighted Average of 1450 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:MADHUCON Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
NSEI:MADHUCON Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2017-08-31 0.100 0.810
2016-08-10 0.100 0.239
2015-09-10 0.100 0.176
2015-06-01 0.100 0.155
2014-09-29 0.200 0.466
2013-09-30 0.100 0.627
2012-10-01 0.100 0.508
2011-08-30 0.250 0.519
2010-08-23 0.400 0.383

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Madhucon Projects has not reported any payouts.
  • Unable to verify if Madhucon Projects's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Madhucon Projects's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Madhucon Projects has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Madhucon Projects's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Madhucon Projects afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Madhucon Projects has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MADHUCON Management

 What is the CEO of Madhucon Projects's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Nama Seethaiah
COMPENSATION ₹6,000,000
AGE 52
CEO Bio

Mr. Nama Seethaiah has been Managing Director of Madhucon Projects Ltd. since May 1, 2007 and serves as its Chief Executive Officer. Mr. Seethaiah serves as Managing Director of Maohucon Agra-jaipur Expressways Limited. He served as Joint Managing Director at Madhucon Projects Ltd. until May 1, 2007. He has vast experience in project construction works and infrastructure development. He serves as Chairman of Madhucon Sugar and Power Industries Limited. He serves as a Director of Simhapuri Energy Private Limited. He serves as a Whole time Director of Madhucon Projects Ltd. He is a professional civil engineer.

CEO Compensation
  • Nama's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Nama's remuneration is higher than average for companies of similar size in India.
Management Team

Nama Seethaiah

TITLE
CEO, MD & Whole Time Director
COMPENSATION
₹6M
AGE
52

Mohammad Shafi

TITLE
Whole-Time Director
COMPENSATION
₹2M

Deepakbhai Joshi

TITLE
CFO, Company Secretary & Compliance Officer
TENURE
0.3 yrs

K. Venkateswarlu

TITLE
General Manager of Finance & Accounts

A. Reddy

TITLE
General Manager of Legal
Board of Directors Tenure

Average tenure and age of the Madhucon Projects board of directors in years:

4.5
Average Tenure
59
Average Age
  • The tenure for the Madhucon Projects board of directors is about average.
Board of Directors

Ramadas Kasaranen

TITLE
Chairman of the Board
TENURE
0.8 yrs

Nama Seethaiah

TITLE
CEO, MD & Whole Time Director
COMPENSATION
₹6M
AGE
52

Mohammad Shafi

TITLE
Whole-Time Director
COMPENSATION
₹2M
TENURE
4.1 yrs

Lakshmikumari Chinthapalli

TITLE
Woman Independent Director
AGE
62
TENURE
4.8 yrs

Madhava Potla

TITLE
Independent Director
AGE
59
TENURE
13.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Madhucon Projects's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Madhucon Projects has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MADHUCON News

Simply Wall St News

How Does Investing In Madhucon Projects Limited (NSE:MADHUCON) Impact The Volatility Of Your Portfolio?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

What Percentage Of Madhucon Projects Limited (NSE:MADHUCON) Shares Do Insiders Own?

A look at the shareholders of Madhucon Projects Limited (NSE:MADHUCON) can tell us which group is most powerful. … Madhucon Projects is a smaller company with a market capitalization of ₹433m, so it may still be flying under the radar of many institutional investors. … See our latest analysis for Madhucon Projects

Simply Wall St -

Those Who Purchased Madhucon Projects Shares Three Years Ago Have A 89% Loss To Show For It

Given that Madhucon Projects didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. … Over the last three years, Madhucon Projects's revenue dropped 21% per year. … Never forget that loss making companies with falling revenue can and do cause losses for everyday investors.

Simply Wall St -

How Madhucon Projects Limited (NSE:MADHUCON) Can Impact Your Portfolio Volatility

The second type is the broader market volatility, which you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks on the market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.

Simply Wall St -

Read This Before Buying Madhucon Projects Limited (NSE:MADHUCON) For Its Dividend

Historically, Madhucon Projects Limited (NSE:MADHUCON) has paid a dividend to shareholders. … Does Madhucon Projects tick all the boxes of a great dividend stock? … Check out our latest analysis for Madhucon Projects

Simply Wall St -

What Kind Of Shareholder Appears On The Madhucon Projects Limited's (NSE:MADHUCON) Shareholder Register?

Every investor in Madhucon Projects Limited (NSE:MADHUCON) should be aware of the most powerful shareholder groups. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Madhucon Projects is not a large company by global standards.

Simply Wall St -

What Does Madhucon Projects Limited's (NSE:MADHUCON) Ownership Structure Look Like?

In this article, I will take a quick look at Madhucon Projects Limited’s (NSE:MADHUCON) recent ownership structure – an unconventional investing subject, but an important one. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices.

Simply Wall St -

Should You Be Holding Madhucon Projects Limited (NSE:MADHUCON) Right Now?

Generally, an investor should consider two types of risk that impact the market value of MADHUCON. … Madhucon Projects has a beta of 1.61, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … A market capitalisation of ₹1.87B puts MADHUCON in the category of small-cap stocks, which tends to possess higher beta than larger companies.

Simply Wall St -

Who Are The Largest Shareholders In Madhucon Projects Limited (NSE:MADHUCON)?

View our latest analysis for Madhucon Projects NSEI:MADHUCON Ownership_summary Feb 9th 18 Institutional Ownership Institutional investors transact in large blocks which can influence the momentum of stock prices, at least in the short-term, especially when there is a low level of public shares available on the market to trade. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: With a low level of institutional ownership, investors in MADHUCON need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

Simply Wall St -

How Does Madhucon Projects Limited (NSE:MADHUCON) Affect Your Portfolio Returns?

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … View our latest analysis for Madhucon Projects What is MADHUCON’s market risk? … With a market cap of ₹2.63B, MADHUCON falls within the small-cap spectrum of stocks, which are found to experience higher relative risk compared to larger companies.

Simply Wall St -

MADHUCON Company Info

Description

Madhucon Projects Limited, together with its subsidiaries, operates as an integrated construction, infrastructure development, and management company in India. It operates through three segments: Construction, Power, and Toll Collection. The company develops and executes engineering, procurement, and construction, as well as turnkey projects. Its projects include expressway and highway, road, railway, port, irrigation and water resource infrastructure, building and property development, coal and other mineral mining, bridge and flyover, tunneling, industrial, and other infrastructure, as well as energy generation, transmission, and distribution projects. The company is also involved in the development of smart cities. Madhucon Projects Limited was founded in 1983 and is based in Hyderabad, India.

Details
Name: Madhucon Projects Limited
MADHUCON
Exchange: NSEI
Founded: 1983
₹489,260,452
73,794,940
Website: http://www.madhucon.com
Address: Madhucon Projects Limited
Madhucon House,
Plot No.1129/A,
Hyderabad,
Andhra Pradesh, 500033,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 531497 Equity Shares Mumbai Stock Exchange IN INR 15. Oct 1996
NSEI MADHUCON Equity Shares National Stock Exchange of India IN INR 15. Oct 1996
Number of employees
Current staff
Staff numbers
0
Madhucon Projects employees.
Industry
Construction and Engineering
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/16 12:50
End of day share price update: 2019/06/14 00:00
Last estimates confirmation: 2017/06/04
Last earnings filing: 2019/05/28
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.