Gayatri Projects Ltd.
Snapshot View

42.20 -0.40 ▼-0.9%

23 July 2021, 04:00:00 P.M.
Volume: 592,056

Overview View Details

Sector Infrastructure Compare with Sector peers
Industry Engineering - Construction Compare with Industry peers
Website http://www.gayatri.co.in
Financial Indicators
Market Cap 789.98 Cr.
Earnings per share (EPS) 2.30 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 18.33 Trailing Twelve Months Ending 2021-03
Industry PE 47.33 Trailing Twelve Months Ending 2021-03
Book Value / Share 50.88 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.83 Calculated using Price: 42.20
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 18.72 Cr. 187,198,685 Shares
FaceValue 2
Company Profile

Gayatri Projects was incorporated as a Private Limited company on September 15, 1989, under the Companies Act, 1956 as Andhra Costal Construction Private Limited in the state of Andhra Pradesh. The name of the company was changed to Gayatri Projects Private Limited with effect from March 31, 1994 and it was converted into a Public limited company with effect from December 2, 1994. It is the flagship company of the esteemed and well diversified Gayatri Group that has interests in infrastructure, power, hospitality, real estate and industry.

Gayatri Projects Limited (GPL), an ISO 9001 – 2000 company, is one of the fastest growing construction company in India executing major civil works including construction of concrete/masonry dams, earthen dams, national highways, bridges, canals, aqueducts, airports, ports, etc.

The company owns a fleet of construction equipments comprising of heavy earth moving machines such as hydraulic excavators, loaders, dozers, earth compacters, concreting plants such as batching plants, concrete mixers, transit mixers, concrete pavers, road equipment such as vibratory tandem rollers, electric paver finishers, mechanical paver finishers, hot mix plants, static rollers, truck mounted pressure bitumen sprayer, integrated stone crushing plants, quarry equipments like wagon drills, jack hammers, air compressors, transportation equipments such as cars and jeeps, tippers, tractors, water tankers, trailers, fabrication and erection plant such as welding generators, gas cuttings sets, work shop equipments, cranes, generators and other miscellaneous equipments.

GPL is sincerely committed to customer satisfaction in providing consistent quality products and services in construction projects with latest engineering practices under safe ad healthy work environment with continual improvement of Quality Management System involving all employees.

GPL has established a pre-eminent position in the construction industry in India with a current order book of Rs. 2000 cr. The company has completed several projects of national importance like National Thermal Power Corporation, National Aluminium Company, South Eastern Railways, etc. Today, it is associated with clients such as Jindal Vijaynagar Steel, International Airports Authority (Calicut Airport), Kakinada Port Project, Upper Krishna Project in Karnataka, Sardar Sarovar Project in Gujarat and various irrigation projects in Maharashtra Govt. and Orissa Irrigation Department.

The company has a strong presence in the EPC (Engineering Procurement and Construction) construction of road, irrigation and industrial projects across India. Over the last 5 decades, the company has executed projects comprising over 5,094 kms of roads and 2,212 Kms in progress, 1,200 kms of irrigation canals and several industrial projects

  • Construction of Indi Branch Canal from KM 0.00 to 10.00,
  • Construction of Narmada Main Canal from 168 to KM 177, KM 188 to KM 198, KM 250 to KM 263, Rehabilitation and Modernization of Distributory System of KC Package N4-11A.
  • Construction of Dam 2&3-expansion project for NALCO at Damanjodi,
  • Construction of Raw Water Pond for Jindal Vijayanagaram Steel Limited.
  • Area Grading Roads drains for NFCL phase-II, Kakinada, Site grading and construction of roads drains and ponds at Reliance Petroleum Ltd. Project site, Jamnagar, development of a garment complex at Thane, land development & allied works.
  • Civil Engineering Works in Auxiliary Shops Zone-M of Visakhapatnam Steel Plant valuing Rs.1354 lakh, civil, structural and architectural work at HPCL terminal, Vijayawada valuing Rs.1372.11 lakh.
  • Construction of New BG Railway line in 3 sections i.e. KR-51, KR-55 & KR-57 for Koraput-Rayagada Lane, construction of approach berths and back-up area at Kakinada Port Cont-C2.

The company had entered into various joint ventures to carry on its activities, these include-

  • IJM-Gayatri JV has been formed on December 21, 1998 in the ratio of 60:40.
  • Gayatri-Ranjit JV has been formed on February 2, 2001 in the ratio of 55:45 for the purpose of preparation, submission of prequalification document and performs contract works viz. Kishangarh-Udaipur Section of NH-8 and Udaipur-Ratanpur-Gandhinagar of NH-8.
  • Simplex-Gayatri Consortium has been formed on December 4, 2001 in the ratio of 70:30 for the purpose of submitting an offer for the work of Four Laning of Satara-KolhapurJaiprakash-Gayatri JV has been formed on July 9, 2004 in the ratio of 60:40.
  • RNS-GPL Joint Venture has been formed on May 7, 2005 in the ratio of 50:50 for tendering and execution of work consisting of construction and completion of widening and strengthening of roads from Ramanathapuram to Tuticorn.
  • Gayatri-ECI JV has been formed on August 18, 2005 in the ratio of 75:25 for executing the works for widening and strengthening of existing National Highway,WB from 2-lane to 4-lane.

All of them are unincorporated joint ventures in the nature of partnership.

Awards/Achievements

The company has been awarded ISO 9001:2000 and Q9001-2000 Quality Certificate by American Quality Assurance International, LLC, USA.

2010-11 - Awarded the ISO 9001:2008 Quality Certificates by Amercian Quality Assurance International, LLC, USA.2012 - Gayatri Projocts Ltd. Launch of New Logo and Brand Guide Lines.

Milestones

  • 1975 Company started as a Partnership Firm
  • 1990 First Road work Awarded (Aurangabad – Jalna – Jintur Road)
  • 1992 Kakinada Port work (Approach Berth and Back-up area)
  • 1995 Expanding Companies activities into Manufacturing Industries(Sugars & Bio-Organics)
  • 2005 ISO Certified Company During 2005 GPL is an accredited company under ISO
  • 2006 Company Listed in Mumbai Stock Exchange & Enter into Infrastructure Investments (BOT Projects)
  • 2007 Companies Expansion into Hospitality Business (Park Hyatt Hyderabad)
  • 2008 Enter into Powers Sector (Thermal, Hydro & Wind)
  • 2009 Turnover crossed Rs.1000 Crores
  • 2010 Hyderabad ORR BOT (Annuity) Project Completed ahead of schedule
  • 2014 HKR Toll Project Completed and Revenue Operations Started

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.94%
1 Week
+6.43%
1 Month
+30.45%
3 Month
+54.86%
6 Month
-5.80%
1 Year
+167.09%
2 Year
-69.54%
5 Year
-66.39%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) -1.55 -1.10 -11.88 -6.94 -2.22 2.73 3.37 16.27 -2.94
Return on Capital Employed (%) 5.24 4.74 3.08 3.70 5.08 9.77 11.10 15.45 10.57
Return on Assets (%) -0.14 -0.08 -0.66 -0.49 -0.23 0.28 0.53 3.13 -0.52

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 604 668 637 732 550 511 1,010 1,173 910
Non Curr. Liab. 4,381 6,767 6,782 3,747 3,679 1,935 2,189 2,535 2,026
Curr. Liab. 1,770 2,333 5,369 1,841 1,669 1,997 2,061 2,379 2,718
Minority Int. 386 391 418 30 -18
Equity & Liab. 7,141 10,158 13,207 6,350 5,880 4,443 5,261 6,087 5,654
Non Curr. Assets 4,700 7,496 10,538 4,403 3,793 1,934 2,032 2,450 1,840
Curr. Assets 2,422 2,663 2,669 1,947 2,088 2,509 3,229 3,636 3,815
Misc. Exp. not W/O 19
Total Assets 7,141 10,158 13,207 6,350 5,880 4,443 5,261 6,087 5,654

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 2,200 1,971 1,594 1,501 1,726 2,115 2,912 3,463 3,439
Other Income 6 9 46 56 75 82 46 41 39
Total Income 2,206 1,980 1,640 1,557 1,801 2,197 2,958 3,504 3,478
Total Expenditure -1,888 -1,566 -1,263 -1,159 -1,519 -1,792 -2,569 -2,919 -3,052
PBIDT 318 414 377 398 281 405 389 585 425
Interest -221 -270 -308 -314 -241 -308 -315 -316 -371
Depreciation -82 -112 -111 -120 -44 -43 -55 -66 -91
Taxation -24 -38 -35 -12 -12 -24 6 -25 6
Exceptional Items 1 -15
PAT -8 -7 -78 -48 -14 14 26 178 -31

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -155 1,246 600 -24 470 234 213 516 361
Cash Fr. Inv. -1,796 -3,069 -3,034 -900 -663 -34 -30 -89 311
Cash Fr. Finan. 1,814 1,416 2,726 488 226 -217 -164 -355 -683
Net Change -138 -407 292 -436 32 -17 19 71 -10
Cash & Cash Eqvt 802 394 687 251 224 38 57 128 118

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 44.95 44.95 44.90 44.90 45.18 45.18 45.10 44.72 44.66
Public 55.05 55.05 55.10 55.10 54.82 54.82 54.90 55.28 55.34
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 97.62 97.62 99.99 97.89 97.29 97.29 97.28 97.26 0.00

Announcements View Details

Sat, 24 Jul 2021
Disclosure As Per Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - SIGNING OF MEMORANDUM OF UNDERSTANDING (Mou)
Gayatri Projects Limited (GPL or the Company) had been exploring funding options to manage its tight liquidity situation arising from cash flow mismatch. Accordingly the company has been approached by an overseas investor for exploring fund infusion options in the company.

As part of preliminary discussions the company has signed a MoU with the said Investor on July 23 2021 to start a due diligence process with a 90 day exclusivity period for signing definitive documents. Any potential deal will be subject to successful completion of due diligence process ability of the investor to arrange sufficient capital receipt of approval from investors investment committee/ multiple statutory/regulatory bodies agreement on representation & warranties/ indemnities etc.




Sat, 24 Jul 2021
Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations 2011.
The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 on July 24 2021 for T Indira Reddy
Mon, 19 Jul 2021
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for T Indira Reddy

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index

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