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    Kridhan Infra Limited

    Mumbai-listed civil-engineering/EPC company whose live operations run through its 41.47%-held India associate Vijay Nirman Co. (roads, bridges, metros, railways, ports, piling); former Singapore foundation-engineering units are under liquid

    Construction
    Industrials

    Overview

    Price

    Market Cap

    ₹28 Cr

    Sector

    Construction

    Industrials

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1919191919191920
    Reserves10482-331-382-374-302-300-288
    Borrowings1820222027252312
    Other Liabilities6341341372361284294292
    Total Liabilities205162513033263636
    AssetsFixed Assets2726211717171717
    CWIP00000000
    Investments92771222223
    Other Assets865818111481716
    Total Assets205162513033263636

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating46-2-1-02-552
    Cash from Investing-32021000-1
    Cash from Financing-412-1-1-15-4-4
    SummaryCapital Expenditure
    Free Cash Flow9-6-1-02-552
    FCF Margin

    Valuation

    Too capital-hungry for an earnings DCF

    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.

    KRIDHANINF · CAPITAL_INTENSIVE

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