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Simplex Infrastructure Limited: 1 director sold
A director at Simplex Infrastructure Limited sold 4,765,764 shares at 39.586INR and the significance rating of the trade was 83/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last...
SMX.INFRASTRUCTURES LTD. sees a downgrade to Negative on account of le...
The independent financial analyst theScreener just lowered the general evaluation of SMX.INFRASTRUCTURES LTD. (IN), active in the Heavy Construction industry. As regards its fundamental valuation, the title now shows 1 out of 4 stars while market behaviour can be considered risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Negative. As of the analysis date May 19, 2020, the closing price was INR 22.25 and its t...
- Shirish Rane
Simplex Infrastructures' Q4FY19 results (Underperformer) - Miss on al...
Q4FY19 result highlights Simplex Infrastructure reported revenue of Rs15.7bn (est of Rs16.5bn) in Q4FY19, a decline of 5% yoy. FY19 revenue was Rs60.4bn, +5% yoy – a muted growth. As a result, the company missed its guidance of Rs81bn of revenue by wide margin. EBITDA was Rs1.8bn (est Rs2bn)/Rs7.2bn in Q4FY19/FY19. EBITDA margin for Q4FY19/FY19 was 11.6%/11.8% (vs guidance of 12.5%) Interest cost remained flat yoy at Rs1.2bn but other income declined 24.5%yoy to Rs376m on a high base. As a...
Simplex Infrastructures' Q3FY19 results (Downgrade to Underperformer) ...
Q3FY19 result highlights Simplex Infrastructures’ (Simplex) reported an overall weak quarter led by weak execution and lower than expected recoveries of overdue debtors. PAT came in at Rs362m (+16.6%yoy), below our estimate of Rs381m. Revenue grew by only 3.2%yoy to Rs14bn (est: Rs16.3bn) as execution remained constrained by ROW issues in certain projects & tight liquidity. EBITDA grew 6.2%yoy to Rs1.8bn, below est of Rs2bn, led by lower revenue. EBITDA margin grew 30bp yoy to 12.7% (est: 12...
Simplex Infrastructures' Q2FY19 results (Outperformer) - Working capit...
Q2FY19 result highlights Simplex Infrastructures’ (Simplex) Q2FY19 PAT declined 12%yoy to Rs244m led by lower other income (Rs207m in Q2FY19 vs. Rs294m in Q2FY18 as it included positive impact of IndAS worth Rs100m) and higher effective tax rate (29.7% in Q2FY19 vs. 19.3% in Q2FY18). However, it was in-line with our estimate of Rs249m. Revenue grew 18.7%yoy to Rs14.8bn but was below estimate of Rs15.6bn. EBITDA grew 3.8%yoy to Rs1.8bn (in-line). However, EBITDA margin contracted 170 bp yoy t...
Simplex Infrastructures' Q1FY19 results (Outperformer) - Execution set...
Q1FY19 result highlights Simplex Infrastructures’ (Simplex) Q1FY19 earnings declined 1.6%yoy to Rs283m, sharply below estimate of Rs458m, due lower revenue/margins. Revenue grew 4.8%yoy to Rs15.8bn, below estimate of Rs16.9bn, due to slow down in execution owing to stretched working capital situation. EBITDA grew 2.4%yoy to Rs1.8bn, below estimate of Rs2bn, primarily due to lower revenue. EBITDA margin declined 20bp yoy to 11.2%, below estimate of 12%. Interest expenses grew 6.9%yoy to Rs1...
Simplex Infrastructures' Q4FY18 results (Outperformer) - Improved cash...
Q4FY18 result highlights Simplex Infrastructures’ (Simplex) earnings declined 56.1%yoy to Rs294m, sharply below estimate of Rs529m due to lower revenue/margins, higher interest cost and higher effective tax rate. Revenue grew 6.3%yoy to Rs16.5bn, below estimate of Rs17.7bn. Revenue remained impacted due to slow down in execution owing to stretched working capital situation. EBITDA grew 2%yoy to Rs1.6bn, below estimate of Rs2bn due to lower revenue and also due to write off of debtors of Rs8...
Simplex Infrastructures' Q3FY18 results (Outperformer) - Improved reco...
Q3FY18 result highlights Simplex Infrastructures’ (Simplex) Q3FY18 earnings were below estimate led by lower revenues. PAT grew 69%yoy to Rs311m but was below estimate of Rs339m. Revenue declined 1.9%yoy to Rs13.6bn (est: Rs15.5bn) but adjusted for change in representation post GST implementation, it grew ~1.5%yoy. Revenue remained impacted due to delay in finalization of post GST impact in existing orders. However, these outstanding issues are now been resolved and hence the execution is l...
Ford Equity International Rating and Forecast Report
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
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