Gujarat-based construction company; self-described on its own letterhead as 'Builders of Reliable Roads'.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 62 | 63 | 65 | 67 | 67 | 68 | 67 | 68 |
| Borrowings | 20 | 24 | 23 | 61 | 91 | 86 | 86 | 92 |
| Other Liabilities | 27 | 34 | 45 | 48 | 35 | 37 | 37 | 42 |
| Total Liabilities | 127 | 138 | 150 | 192 | 210 | 208 | 207 | 220 |
| AssetsFixed Assets | 9 | 6 | 6 | 5 | 9 | 8 | 8 | 8 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Other Assets | 114 | 128 | 141 | 184 | 197 | 197 | 196 | 209 |
| Total Assets | 127 | 138 | 150 | 192 | 210 | 208 | 207 | 220 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -1 | 2 | -2 | -1 | -33 | -23 | 10 | -2 |
| Cash from Investing | 3 | 2 | 0 | 5 | 1 | -1 | 0 | 1 |
| Cash from Financing | 1 | -7 | 2 | -4 | 33 | 23 | -9 | 0 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -1 | 2 | -2 | -2 | -34 | -25 | 10 | -2 |
| FCF Margin | — | — | — | — | — | — | — | — |
For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.
AKASH · CAPITAL_INTENSIVE
Guides on how to read this kind of business and the numbers that matter.