Simplex Infrastructures Ltd. News and Updates

Name: Latest research reports of Simplex Infrastructures Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Simplex Infrastructures Ltd.
Rating: 3
Author: ICICI Securities Limited

Keep track of all breaking news on Simplex Infrastructures Ltd. from all sources in a single place.

Simplex Infrastructures Ltd.

17 Nov 2024

280.85

0.59%

Simplex Infrastructures Q2 Results 2024 on 17 Nov, 2024: loss rise by 49.1% YOY, loss at 10.78 crore and revenue at 268.06 crore

livemint

Simplex Infrastructures Q2 Results 2024 on 17 Nov, 2024: Revenue decreased by 14.21% YoY & loss increased by 49.1% YoY, loss at 10.78 crore and revenue at 268.06 crore

Simplex Infrastructures Ltd. is trading below all available SMAs

Simplex Infrastructures Ltd.

16 Aug 2023

280.85

0.59%

Simplex Infrastructure shares rise on Q1 results

Business Line

Simplex Infrastructure's revenues were down by 19 per cent to 398.87 crore compared to 498.30 crore last year

Simplex Infrastructures Ltd. is trading below all available SMAs

Simplex Infrastructures Ltd.

12 May 2023

280.85

0.59%

NCLT dismisses Central Bank insolvency plea against Simplex Infrastructures

Business Standard

EPC firm's balance sheets do not show negative net worth, says tribunal's Kolkata bench

Promoters pledged 11.01% of shares in last quarter. Total pledge stands at 33.09% of promoter holdings

Simplex Infrastructures Ltd.

19 Aug 2019

280.85

0.59%

Simplex Infrastructure

Not Rated: Simplex Infrastructures Ltd.

ICICI Securities Limited

Execution continues to remain muted due to elevated debtors SIL has secured | 1,122 crore worth of orders in Q1FY20 and has an order book worth | 15,347 crore as of Q1FY20. The present OB implies 2.7x order book-to-bill ratio on FY19 revenues. Despite this, execution remains slow on account of SIL facing issues related to the old debtor's recovery. As per the management, there was a shortfall in revenues by ~| 2,000 crore in FY19. Pending debtors and client-related issues contributed ~60% to this shortfall. The company has been focusing on improving internal operations and...

Promoters pledged 11.01% of shares in last quarter. Total pledge stands at 33.09% of promoter holdings

Simplex Infrastructures Ltd.

19 Feb 2019

280.85

0.59%

Simplex Infrastructure

Hold: Simplex Infrastructures Ltd.

Target

ICICI Securities Limited

Orderbook at | 16,805 crore, 2.7x TTM revenues in Q3FY19 With total order inflows worth | 2,431 crore in 9MFY19, SIL's orderbook stands at | 16,805 crore as of Q3FY19. Of this, 80% of the orderbook comprises of government orders, while remaining 20% pertains to order from private entities. The current orderbook does not include | 1,100 crore worth order wherein the company has emerged as L-1 bidder. The management is hopeful of receipt of | 2,500 crore worth orders in Q4FY19E and hence has guided for a total order inflow of | 5,000 crore in...

Simplex Infrastructures Ltd. is trading below all available SMAs

Simplex Infrastructures Ltd.

18 Feb 2019

280.85

0.59%

Simplex Infrastructure's (SINF) sales grew marginally by 3.2% yoy to about Rs14bn in Q3FY...

Buy: Simplex Infrastructures Ltd.

Target

Emkay

Simplex Infrastructure's (SINF) sales grew marginally by 3.2% yoy to about Rs14bn in Q3FY19, lower than our estimates mainly due to social unrest in the North East and a delay in getting approvals for few projects. PAT totaled Rs363mn, on account of better operating performance, lower depreciation costs (down 10% yoy) and lower interest costs (down 1.1%yoy).It was marginally lower than our estimate . SINF's order book stood at about Rs168bn (2.8x TTM revenues). Management is eyeing...

Promoters pledged 11.01% of shares in last quarter. Total pledge stands at 33.09% of promoter holdings

Simplex Infrastructures Ltd.

21 Nov 2018

280.85

0.59%

Simplex Infra

Buy: Simplex Infrastructures Ltd.

Kotak Securities

Simplex Infrastructure results for Q2FY19 were lower than our expectations on revenues and profit front. Margins stood in line with estimates. Order inflow was weak during the quarter but is likely to improve going forward. Execution is also likely to ramp up in H2FY19. Revenue growth of 27% YoY was lower than our estimates but is likely to improve in coming quarters. Margins witnessed a decline on YoY basis but improved...

Promoters pledged 11.01% of shares in last quarter. Total pledge stands at 33.09% of promoter holdings

Simplex Infrastructures Ltd.

21 Nov 2018

280.85

0.59%

Simplex Infrastructure

Hold: Simplex Infrastructures Ltd.

Target

ICICI Securities Limited

SIL received order inflows worth | 430 crore, taking its order book to | 16821 crore in Q2FY19. In the current orderbook, urban infra comprises 25%, buildings 24%, power 22%, roads 16% with remaining in marine, piling & bridges, industrial and railways. Despite order inflows being subdued in H1FY19 (| 1170 crore), the management is confident of achieving order inflows worth | 7000-8000 crore in FY19E, with the...

Promoters pledged 11.01% of shares in last quarter. Total pledge stands at 33.09% of promoter holdings

Simplex Infrastructures Ltd.

16 Nov 2018

280.85

0.59%

SINF's sales grew 18.7% yoy to Rs14.8bn in 2QFY19, ahead of our estimate on a pick-up in...

Buy: Simplex Infrastructures Ltd.

Recommendation Target

Emkay

SINF's sales grew 18.7% yoy to Rs14.8bn in 2QFY19, ahead of our estimate on a pick-up in execution in its healthy order book of Rs168bn. SINF's PAT came in at Rs244mn, led by strong execution and lower depreciation expenses....

Simplex Infrastructures Ltd. is trading below all available SMAs

Simplex Infrastructures Ltd.

17 Aug 2018

280.85

0.59%

Simplex Infrastructure

Hold: Simplex Infrastructures Ltd.

Target

ICICI Securities Limited

Simplex Infrastructure's (SIL) topline grew 4.8% YoY to | 1584.2 crore (our estimate: | 1668.6 crore) possibly on account of muted execution following stretched working capital in Q1FY19 EBITDA margins slipped slightly by 26 bps YoY to 11.2% but was broadly in line with our expectation of 11.0% PAT de-grew 1.6% YoY to | 28.3 crore (our estimate: | 32.9 crore) due to higher tax rate (30.1% in Q1FY19 vs. 21.1% in Q1FY18) Auditor raises attention on unbilled revenues worth | 447.5 crore...

Promoters pledged 11.01% of shares in last quarter. Total pledge stands at 33.09% of promoter holdings

Is Simplex Infrastructures Ltd. worth buying?

148 Votes:

Buy 75.68%

Sell 14.86%

Hold 9.46%

28.54% Gain from 52W Low

Simplex Infrastructures Ltd. News and Updates

Keep track of all breaking news on Simplex Infrastructures Ltd. from all sources in a single place.