Gayatri Projects Ltd.
Snapshot View

18.10 -0.15 ▼-0.8%

18 May 2022, 04:01:00 PM
Volume: 20,855

Overview View Details

Sector Infrastructure Compare with Sector peers
Industry Engineering - Construction Compare with Industry peers
Website http://www.gayatri.co.in
Market Cap 338.83 Cr.
Enterprise Value(EV) 2,553.56 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) -23.29 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-12
Industry PE 38.10 Trailing Twelve Months Ending 2021-12
Book Value / Share 26.67 Trailing Twelve Months Ending 2021-12
Price to Book Value 0.68 Calculated using Price: 18.10
Dividend Yield 0.00 Period Ending 2021-03
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
-0.82%
1 Week
-0.55%
1 Month
-24.27%
3 Month
-34.54%
6 Month
-44.90%
1 Year
-38.85%
2 Year
+34.17%
5 Year
-88.52%
10 Year
-15.30%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) -1.10 -11.88 -6.94 -2.22 2.73 3.37 16.27 -2.94 5.35
Return on Capital Employed (%) 4.74 3.08 3.70 5.08 9.77 11.10 15.45 10.57 13.21
Return on Assets (%) -0.08 -0.66 -0.49 -0.23 0.28 0.53 3.13 -0.52 0.87

Balance Sheet View Details

Particulars 10 years 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. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds 668 637 732 550 511 1,010 1,173 910 953 787
Non Curr. Liab. 6,767 6,782 3,747 3,679 1,935 2,189 2,535 2,056 1,344 1,216
Curr. Liab. 2,333 5,369 1,841 1,669 1,997 2,061 2,379 2,741 3,462 3,776
Minority Int. 391 418 30 -18
Equity & Liab. 10,158 13,207 6,350 5,880 4,443 5,261 6,087 5,708 5,759 5,779
Non Curr. Assets 7,496 10,538 4,403 3,793 1,934 2,032 2,450 1,840 1,778 1,738
Curr. Assets 2,663 2,669 1,947 2,088 2,509 3,229 3,636 3,869 3,982 4,040
Misc. Exp. not W/O
Total Assets 10,158 13,207 6,350 5,880 4,443 5,261 6,087 5,708 5,759 5,779

Profit Loss View Details

Particulars 10 years 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. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 1,971 1,594 1,501 1,726 2,115 2,912 3,463 3,439 3,901 3,925
Other Income 9 46 56 75 82 46 41 39 43 6
Total Income 1,980 1,640 1,557 1,801 2,197 2,958 3,504 3,478 3,944 3,931
Total Expenditure -1,566 -1,263 -1,159 -1,519 -1,792 -2,569 -2,919 -3,052 -3,463 -3,975
PBIDT 414 377 398 281 405 389 585 425 481 -44
Interest -270 -308 -314 -241 -308 -315 -316 -371 -352 -312
Depreciation -112 -111 -120 -44 -43 -55 -66 -91 -85 -77
Taxation -38 -35 -12 -12 -24 6 -25 6 5 3
Exceptional Items 1 -15
PAT -7 -78 -48 -14 14 26 178 -31 50 -431
Minority Interest 16 13 16 19
Share Associate -32 -15 -45 -18 -27 -7 -5
Other Related Items
Consolidated Net Profit 10 -65 -32 -27 0 -20 160 -58 43 -436
Adjusted EPS 1 -4 -2 -2 0 -1 9 -3 2 -23

Cash Flow View Details

Particulars 10 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. 2021-03 Rs. Cr.
Cash Fr. Operatn. -155 1,246 600 -24 470 234 213 516 361 228
Cash Fr. Inv. -1,796 -3,069 -3,034 -900 -663 -34 -30 -89 311 10
Cash Fr. Finan. 1,814 1,416 2,726 488 226 -217 -164 -355 -683 -273
Net Change -138 -407 292 -436 32 -17 19 71 -10 -35
Cash & Cash Eqvt 802 394 687 251 224 38 57 128 118 84

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 44.90 45.18 45.18 45.10 44.72 44.66 41.27 41.27 41.27
Public 55.10 54.82 54.82 54.90 55.28 55.34 58.73 58.73 58.73
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 97.89 97.29 97.29 97.28 97.26 99.35 97.36 97.36 97.36

Announcements View Details

Sat, 14 May 2022
Disclosures By Listed Entities Of Defaults On Payment Of Interest/ Repayment Of Principal Amount For Loans Including Revolving Facilities Like Cash Credit From Banks / Financial Institutions
Disclosures by listed entities of defaults on payment of interest/ repayment of principal amount for loans including revolving facilities like cash credit from banks / financial institutions
Sat, 14 May 2022
Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1 Name of Company GAYATRI PROJECTS LTD.
2 CIN NO. L99999TG1989PLC057289
3 Report filed for FY 2021-2022
Details of the Current block (all figures in Rs crore):
4 2 - year block period (Specify financial years)* FY 2021-22 FY 2022-23
5 Incremental borrowing done in FY (T)(a) 0.00
6 Mandatory borrowing to be done through debt securities in FY (T) (b) = (25% of a) 0.00
7 Actual borrowing done through debt securities in FY (T)(c) 0.00
8 Shortfall in the borrowing through debt securities if any for FY (T - 1) carried forward to FY (T) (d) 0
8Quantum of (d) which has been met from (c)(e)* 0
9 Shortfall if any in the mandatory borrowing through debt securities for FY (T) { after adjusting for any shortfall in borrowing for FY(T - 1) which was carried forward to FY(T)}(f) = (b) - [(c) - (e)]{ If the calculated value is zero or negative write nil}* 0


Details of penalty to be paid if any in respect to previous block (all figures in Rs crore):
2 - year Block period (Specify financial years)FY 2020-21 FY 2021-22
Amount of fine to be paid for the block if applicable Fine = 0.2% of {(d) - (e)}#0.00



Name of the Company Secretary :-CHETAN KUMAR SHARMA
Designation :-COMPANY SECRETARY AND COMPLIANCE OFFICER
Name of the Chief Financial Officer :- P SREEDHAR BABU
Designation : -CHIEF FINANCIAL OFFICER

Date: 14/05/2022

Thu, 12 May 2022
Disclosure Of Voting Results Of Postal Ballot Notice Dated April 11 2022
As per relevant regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 as amended the Company has sought approval of the members of the Company for appointment of Mr. Srihari Vennelaganti (DIN: 01829513) and Mrs. Pamula Latha (DIN: 08358726) as Independent Director of the Company. The voting results of the postal ballot conducted through remote e-voting process in respect of resolutions contained in the Postal Ballot Notice dated April 11 2022 are enclosed in the format prescribed under Regulation 44(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 together with the Scrutinizers Report on the e-voting. The said resolutions are passed with the requisite majority on May 11 2022 (the last date for e-voting).

Technical Scans View Details

Wed, 18 May 2022
Close Within 52 Week Low Zone Close Within 52 Week Low Zone
High Decrease 1 Month High Decrease 1 Month
High Decrease 3 Months High Decrease 3 Months
High Decrease 6 Months High Decrease 6 Months
High Decrease 1 Year High Decrease 1 Year

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