Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of MEP Infrastructure Developers Ltd
Quarter-by-quarter operating performance
| Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 123 | 80 | 35 | 46 | 33 | 16 | 8 | 16 | 20 | 16 | 3 | 11 | 20 |
| Expenses + | 140 | 66 | 32 | 26 | 62 | 44 | 16 | 13 | 80 | 31 | 30 | 34 | 620 |
| Operating Profit | -17 | 15 | 2 | 21 | -29 | -28 | -9 | 3 | -60 | -15 | -27 | -24 | -600 |
| OPM % | -14% | 19% | 7% | 44% | -91% | -179% | -113% | 19% | -300% | -90% | -936% | -216% | -2,926% |
| Other Income + | -91 | 13 | 8 | 5 | 47 | 1 | 3 | 5 | 4 | 3 | 1 | -59 | 6 |
| Interest | 14 | 12 | 10 | 8 | 12 | 11 | 9 | 9 | 13 | 9 | 13 | 9 | 9 |
| Depreciation | 11 | 25 | 20 | 20 | 18 | 3 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | -132 | -9 | -20 | -2 | -13 | -42 | -17 | -3 | -70 | -22 | -39 | -92 | -604 |
| Tax % | -0% | 21% | -3% | 6% | 5% | 0% | 0% | 4% | -0% | -8% | 1% | 1% | 0% |
| Net Profit + | -131 | -11 | -19 | -2 | -14 | -42 | -17 | -3 | -70 | -20 | -40 | -93 | -605 |
| EPS in Rs | -7.15 | -0.58 | -1.05 | -0.09 | -0.75 | -2.28 | -0.91 | -0.17 | -3.80 | -1.09 | -2.15 | -5.06 | -32.97 |
Financials of MEP Infrastructure Developers Ltd
Annual income statement trend
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 912 | 487 | 907 | 695 | 781 | 1,477 | 1,869 | 1,370 | 367 | 194 | 60 | 50 |
| Expenses + | 858 | 465 | 866 | 75 | 163 | 1,257 | 1,649 | 1,467 | 414 | 185 | 154 | 715 |
| Operating Profit | 54 | 22 | 41 | 621 | 617 | 220 | 220 | -98 | -47 | 9 | -94 | -665 |
| OPM % | 6% | 4% | 4% | 89% | 79% | 15% | 12% | -7% | -13% | 5% | -158% | -1,318% |
| Other Income + | 2 | 12 | 25 | 45 | 29 | 14 | 13 | 34 | -71 | 72 | 13 | -49 |
| Interest | 28 | 27 | 35 | 56 | 61 | 52 | 64 | 70 | 63 | 43 | 42 | 39 |
| Depreciation | 2 | 3 | 6 | 565 | 559 | 118 | 122 | 52 | 43 | 82 | 8 | 3 |
| Profit before tax | 26 | 4 | 25 | 44 | 27 | 64 | 47 | -185 | -224 | -44 | -131 | -757 |
| Tax % | 35% | 42% | 36% | 31% | 34% | 37% | 36% | -24% | -1% | 5% | -0% | 0% |
| Net Profit + | 16 | 2 | 16 | 30 | 18 | 40 | 30 | -141 | -222 | -46 | -131 | -757 |
| EPS in Rs | 1.65 | 0.24 | 1.45 | 1.86 | 1.09 | 2.47 | 1.64 | -7.67 | -12.11 | -2.48 | -7.16 | -41.28 |
| Dividend Payout % | 0% | 0% | 0% | 11% | 23% | 12% | 18% | 0% | 0% | 0% | 0% | 0% |
Financials of MEP Infrastructure Developers Ltd
Capital structure and asset base
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 100 | 100 | 111 | 163 | 163 | 163 | 183 | 183 | 183 | 183 | 183 | 186 |
| Reserves | 113 | 118 | 147 | 425 | 438 | 475 | 634 | 487 | 265 | 220 | 113 | -644 |
| Borrowings + | 182 | 221 | 395 | 443 | 390 | 363 | 399 | 419 | 341 | 288 | 272 | 217 |
| Other Liabilities + | 25 | 38 | 207 | 567 | 882 | 1,029 | 1,327 | 1,765 | 1,907 | 1,074 | 1,067 | 1,139 |
| Total Liabilities | 420 | 476 | 861 | 1,598 | 1,873 | 2,030 | 2,544 | 2,855 | 2,696 | 1,766 | 1,635 | 899 |
| Fixed Assets + | 12 | 15 | 11 | 344 | 157 | 73 | 43 | 93 | 88 | 36 | 18 | 8 |
| CWIP | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 32 | 71 | 210 | 522 | 670 | 779 | 819 | 853 | 853 | 841 | 424 | 168 |
| Other Assets + | 377 | 391 | 640 | 732 | 1,045 | 1,178 | 1,682 | 1,909 | 1,755 | 890 | 1,194 | 723 |
| Total Assets | 420 | 476 | 861 | 1,598 | 1,873 | 2,030 | 2,544 | 2,855 | 2,696 | 1,766 | 1,635 | 899 |
Financials of MEP Infrastructure Developers Ltd
Operating, investing and financing cash movement
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 241 | 11 | -9 | 85 | 84 | 281 | -120 | 189 | 103 | -152 | 6 | |
| Cash from Investing Activity + | -12 | -24 | -159 | -388 | 39 | -205 | -16 | -107 | 45 | 248 | 12 | |
| Cash from Financing Activity + | -250 | 14 | 157 | 308 | -116 | -80 | 129 | -83 | -152 | -97 | -16 | |
| Net Cash Flow | -21 | 1 | -11 | 5 | 7 | -4 | -6 | -1 | -5 | -1 | 1 | |
| Free Cash Flow | 237 | 4 | -11 | 61 | 94 | 254 | -119 | 163 | 95 | -126 | 15 | |
| CFO/OP | 466% | 65% | 39% | 16% | 17% | 133% | -37% | -225% | -191% | -1,653% | -7% |
Financials of MEP Infrastructure Developers Ltd
Working capital efficiency and return ratios
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 10 | 17 | 16 | 0 | 17 | 22 | 15 | 14 | 66 | 7 | 107 | 28 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 10 | 17 | 16 | 0 | 17 | 22 | 15 | 14 | 66 | 7 | 107 | 28 |
| Working Capital Days | 8 | -24 | -39 | -216 | -124 | -22 | 2 | -100 | -596 | -965 | -3,193 | -4,973 |
| ROCE % | 12% | 8% | 11% | 12% | 9% | 12% | 10% | -10% | -7% | -8% | -14% | -401% |