저자: StockMarketStudy채널진행자 · 외국인
요약 보기
Patel Engineering(인프라·수력발전·터널 건설)은 정부 인프라/재생에너지 확대 수혜주로 소개됨. 수주잔고 약 9,134억(표기 불분명), 수력 공정 비중 61%, 중앙정부 발주 최대, 시가총액 약 4,700억 원, 매출 3,500→4,400억 원 증가, 현금흐름 개선, 매출채권 회수기간 104→46일 단축. 기관 지분 확대와 과거 대비 거래량 증가를 긍정 신호로 해석. 다만 BBB+ 신용등급과 소형주 리스크 언급.
다듬은 글
which is a penny stock today and a big investor has invested a good amount in this penny stock. So today I will discuss about this company because the growth of this company's sector is going to be very fast in the coming times. The government has already announced that the growth of infrastructure is going to be very fast.
Road construction, building construction as well as irrigation as well as power sector and that too renewable power sector like hydro projects, solar projects. In this way, the projects are going to grow very fast in India and along with that, its strong base is being built right now due to which in a long term journey, that is, for around 40 to 47 years, this sector is going to grow very fast.
Perhaps that is why I feel that Vijay Kedia ji has invested a good amount in this company. So see, whenever I do research, When big investors invest in a company, I notice one thing about it that when they invested, its price was very cheap and secondly, they chose the same company which is a small cap or micro cap type company, so I did a lot of research on it and worked on it a lot of times, that is why I worked on this company, whenever you go to invest in this company, you will always have to work according to your own risk because see, with the money that Vijay Kada ji has, even if he incurs losses in one or two companies, it will not make any difference, what is the problem of the retail public, they think that Vijay ji has invested, let's say I have ₹1 lakh in my pocket, then I will put all this money on one company, this will be a very big risk zone, a very big risk investment, so you always have to manage the risk, so whatever discussion I will do about this company, you take the risk according to your risk, I take the risk according to my risk.
I work according to my own principles, so why I discussed this company? I'll tell you later. In the end, please watch this video completely. First, find out the name of the company, because many people come just to see the name. So, I'll share that name with you first. The company's name is Patel Engineering Limited.
Look, Patel Engineering Limited is a small engineering company, meaning it's an infrastructure build-up, as well as road construction, tunnel construction, building construction, as well as hydro project construction. In this way, the company works on projects. So, I'll share with you in detail the company's entire view, where the company has worked, where its business expansion growth is, I'll discuss all that.
After that, I'll share with you the company's valuation and its future thinking. So, if you want to learn, please watch this video completely. If you've learned everything, then definitely work according to your own principles, because you'll have to work hard to learn. So, let's look at the companies one by one.
First, let me share with you the details of the projects. So you can see here that the company's business has experience of seven decades, that is, experience of around seven decades, that is, think how old the company is and the company's dams, the company has worked on 87 dams and has worked on more than 1200 kilometers of roads and the company has spread its business in 14 states, the company is working domestically in 14 states and the interesting thing is that the company has worked on more than 300 kilometers of tunnels and basically the order book of the company, you can see how many order books it has right now, that is 91 347 million total order books, and see the company has worked with all the irrigation, that is, irrigation department, around 5.5 lakh of them and along with that there is also B Triple B Plus credit certificate, yes there is a little weakness in the credit certificate because it is a small company, so there will be weakness there, rest see the total megawatt hydro project of the company The work done is around 15000 crores and basically if you see the growth of the company then I will show you in detail the revenue growth and the growth of the company's margin, there is only one data here, just see that, now let's see where the company got the orders, it is very important to see because see which project in the company got the maximum orders, see the target of the government is to do a total project of 500 Giga Watt on green energy within 2030, remember this, in order to complete 500 GW, solar project as well as wind project as well as hydro project, in this way maximum work will have to be done on the project and this company is also working very fast, for example, if we look at the base of the company, then the minimum work is done on hydroelectric where it is around 61 percent, along with this, on the irrigation department it is around 21 percent, on tunnels it is at 11 percent and on roads the company is at 2.98 percent and around Companies are operating at around 3.86, so the client- wise order book, you can see that the Central Government has the highest position.
This is a positive point because if a company from the Central Government gets a project, then there is a chance of getting projects continuously. The government brings all the projects so that the public gets good services, due to which it gets votes and it remains in its seat. That is why they bring a lot of projects.
And now look, the government is growing very fast. I am not talking against any government. You can see its progress yourself and also see its bad situation. Which one did good and which one did bad work, you can decide for yourself. My job is to look at the companies. Look at how the company is working.
Right now, the state government is doing business at 3.4. Look at the rest, at the international level, the company is doing business at 3.31. Right now, look at project-wise project. The growth of the company is wise, how many projects are there, where are the projects, you can see which project has the most, here you can see all the things here, now see the hidden project, there are a total of 15 projects and in these 15 projects, the total valuation is around 16890 crores, companies are working on this project, so if we talk about the total value capacity, then the total project of 19147 crores is in the hands of the company, the company is working in a very excellent manner, basically and see where the company is doing the most work, in Jammu and Kashmir, why in Madhya Pradesh, Himachal Pradesh, why is the company working more in this place because it is a hilly area and you will also find waterfalls there, due to which the work of making hydro projects of the company is done in a very excellent manner, that is why they work more in Jammu and Kashmir, Madhya Pradesh and Himachal Pradesh, see the rest, there is Arunachal Pradesh, Sikkim, Karnataka, Nagaland, the company also worked in West Bengal, it also worked in Sikkim, along with that in Assam, Tamil Nadu, Rajasthan, Bihar, Chandigarh total The total project valuation is 148, sorry, 146, around 45,000 crores.
It is a well-diversified company. The company works in different sectors and at different places. Now, look at Nepal, the company is working at the international level as well. You all know that Nepal is our neighboring country, so there too the company is working with a total valuation of 6342 million.
So basically the business of the company is very strong, the company is growing. Now, look at where the company's hydro and tunnel plan is being implemented and with whom, you can see it yourself. There are government companies as well, like RR Kon, this is also a government company, along with it there are some private players as well, some state governments as well.
There are many players in the irrigation department as well. Along with trans, that is, transportation, along with that, the total company's work is going on on urban infrastructure as well. So, basically, if you look at it, the company is working very brilliantly and since the company started Since then, gradually see how the company has grown its business.
First of all, the company worked on the Double Lake Project, after that the company worked on the power project, after that the company worked on irrigation, after that the company gradually worked on tunnels, after that on hydro projects, after that again irrigation. Now see, the company is working on building construction, the company is working on dams, so you will get a glimpse of all the places where the company has worked, in a picture.
You can see where the company has done how many projects, how many megawatt projects, you can also see where the tunnel work has been done, so basically, all the things have to be seen that before investing in any company, one should know about its ongoing projects and completed projects. If that company is not doing any project, then by investing in it, you may get profit today, but later you can get trapped very badly.
Now if I talk about road construction, you can see that at two places in Tamil Nadu, the company has done roads in a very excellent manner, completed the road and that too in 46 And look here at A7, in this way the company has also completed the construction work of two long routes. Now if I talk about infrastructure build, you can see that the company has also worked on hospitality.
Along with this, the company has also worked in different places, i.e. Bhutan. So the company is also making its mark in the construction industry. At the same time, see the company is working on tunnels. The company is also continuing work on hydro projects at many places. So basically the company's business is representing itself in a very strong manner and is moving itself forward.
So see, the company is also working on construction in many hill areas, which means the chances of this sector growing a lot in the coming times are very high. So I see this company in a slightly bullish situation. Let's assume that the company has become a penny stock, so it is a penny company. Still, I take risks by measuring the risks.
I always invest with small quantities from my total portfolio. If you take risks and work, let's see how strong the company's finances are, which can take this company forward in the future. So, first of all, let me talk about the company's market cap. Its market cap is around 4700 crores. The price of the company is around ₹.
When you watch the video, it may change. So, the price is not important, the business of the company is important. If the business is doing well, then some companies may be in a slightly bad situation today. In the future, they can represent themselves at a different level. Look, you got the best ROI RE, both of them are excellent.
Industries Piece is around 37. The company 's own PER is cheap. Obviously, valuation wise it was cheap. And look, the book value of the company is more than twice the current price, so this means that I did not see a very high valuation. Otherwise, the company has debt and the holding that I saw with the promoter of the company is around 39.
And the interesting thing is that The company is also maintaining a good income, for example, look at the company's sales, which have increased from Rs 3500 crore to Rs 4400 crore today. I accept that the company has not seen that high sales growth, yet the company's ability to maintain itself is quite impressive within a range.
Along with that, look at the profitability of the company, the company had made losses once or twice, after that, the company continuously maintained profits and this time, huge profits have been generated. So, some situations have been seen in the best way, which can take the company forward. Otherwise, look at the company's compound sales growth, you can see the company's good performance in 10 years, 5 years and 3 years.
Here you have seen good compound sales growth. Along with this, the profit growth of the company is not very good in the first 5 years and one year, but good performance has been seen in 3 years and the current year. The company has also given explosive returns in 1 year. It gave a return of 300 crores and see the rest, the company is gradually growing well on this.
The biggest thing is the balance sheet of the company, where the reserves of the company kept increasing every year. The borrowings of the company were also seen increasing, meaning the reserves are the same as the borings. Now look at the company, the best point I found is the CWIP of the company. Always remember that when a company is continuously investing money in the ongoing projects of its own business, it means that some big situation can arise in the company.
For example, this time the company has invested around 200-300 crores. Earlier also, they used to invest around 400-800 crores. So basically, how many projects does the company have in hand? Almost the company has projects worth around 475 crores and if I talk about cash equipment, then the company has cash in hand around 250 crores.
So look at the cash flow of the company, that too at one time, small and big. It was in negative, today the cash flow is very positive, this is a good thing, along with that the ratio which was taking 104 days to raise money from the company's customers, that is, in how many days did the person to whom the services were provided, return the money, its customer is returning the money in just 46 days now, so the lesser the days in which the money is received, the more will be the chances of the company's growth, so you have seen everyone from the rest of the investors, promoters to the FSDS public, so I would definitely say to study this company once and then work on it because look at the institutions too, they had negligible holdings earlier, now they are gradually increasing their holdings as well, so let me discuss the technical chart of this company, see when the company started, the year was around 2005 and since then see, the company had performed brilliantly, the price of the company was around 85 and had reached a high of almost 00, if seen then the company had given seven times returns, after that see there was a big fall Even during the Covid times, the company saw a minor correction.
After that, the company is slowly trying to move up. Now, look at the high side, it has some very strong levels. For example, the company has a strong level at 86. If you are an investor, then working by looking at which level will break and then going ahead, means that according to me, it is not right.
You should notice one thing, when the company started, there was not much volume. Even when the company was falling, there was no volume. But look here, there is strong volume on the company. What does this mean? It means that a lot of quantity buying is being done from here through institutions and big investors.
And there is a chance of a big journey like this. If you think about it, if the company reaches its top level from its current level, then the returns that the company will give will give around 10 times the return. So, the company can have the capacity to give 10 times the return. There is no 100% guarantee that you will get the return.
It is a penny stock, work wisely because as per the investor, as per KDG, a good amount of investment was made in this company because as per the public, you will see one name, KD Securities Pivot Limited, see, they had held it at 1.29 earlier, after that they increased the holding a little, now the holding is at 1.55, which means they have sold some quantities, so rest I have shared my opinion on this company with you, I am obviously bullish on this company, what do you think, do comment and yes I am not a service registered person, my job is to share all the points with you, it is your job to verify that point and work, so see you in the next video, till then thanks
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