The infrastructure sector in India is an important driver of the country’s economic growth. Infrastructure stocks in India refer to companies involved in developing and operating infrastructure projects such as roads, bridges, airports, and power plants. The infrastructure stocks in India offer promising investment opportunities.
Listed below are such infrastructure stocks which Ace investors hold:
J Kumar Infraprojects Ltd
With a market capitalization of Rs. 4,360 crores, the shares of J Kumar Infraprojects Ltd started Friday’s trading session on a higher note at Rs. 581.10 compared to its previous close of Rs. 577.60. The shares hit a high of Rs. 595, gaining around 2 percent and closed the day at Rs. 573.75 apiece.
According to the BSE data, Ace Investor Mr Mukul Agrawal, entering the stock in December 2016, currently holds 20 lakh equity shares equivalent to a 2.64 percent stake in this company. The current holding value of his investment amounts to Rs. 115.6 crores.
Coming onto the company’s financial statements, the revenue decreased marginally by 3 percent from Rs. 1,131 crores in the June quarter to Rs. 1,104 crores. On the other hand, the net profits for the same period remained constant at Rs. 73 crores.
Due to consistent operating revenue and profits on a YoY basis, the profitability metrics of the company improved with the return on equity (RoE) increasing from 10.36 percent during FY 21-22 to 12.4 percent in FY 22-23, and, the return on capital employed (RoCE) zoomed from 15.51 percent to 17.59 percent during the same timeframe.
In addition, the net profit margin of the company increased from 5.84 percent during FY21-22 to 6.53 percent in FY22-23.
H.G. Infra Engineering Ltd
With a market capitalization of Rs. 5,541 crores, the shares of H.G. Infra Engineering Ltd started Friday’s trading session positively at Rs. 867.70 compared to its previous close of Rs. 861.20. The shares hit a high of Rs. 867, gaining around 1 percent and closed the day at Rs. 851.90 apiece.
According to the BSE data, Ace Investor Mr Sunil Singhania, entering the stock in December 2020, currently holds 9,58,187 lakh equity shares equivalent to a 1.47 percent stake in this company. The current holding value of his investment amounts to Rs. 82.7 crores.
Coming onto the company’s financial statements, the revenue decreased by 30 percent from Rs. 1,351 crores in the June quarter to Rs. 955 crores. In addition, the net profit declined by 36 percent from Rs. 150 crores to Rs. 96 crores during the same period.
Looking at the important financial ratios, the return on equity decreased from 30.42 percent during FY21-22 to 29.38 percent in FY22-23 and the return on capital employed declined from 28.43 percent to 25.38 percent during the same period.
On the other hand, the net profit margin of the company increased from 10.13 percent in FY21-22 to 10.67 percent during FY22-23.
Shankara Building Products Ltd
With a market capitalization of Rs. 1,674 crores, the shares of Shankara Building Products Ltd started Friday’s trading session on a higher note at Rs. 741.80 compared to its previous close of Rs. 737.25. The shares hit a high of Rs. 742.80, gaining around 1 percent and closed the day at Rs. 735.25 apiece.
According to the BSE data, Ace Investor Mr Ashish Kacholia, entering the stock in September 2022, currently holds 4,51,140 lakh equity shares equivalent to a 1.97 percent stake in this company. The current holding value of his investment amounts to Rs. 33.3 crores.
Coming onto the company’s financial statements, the revenue increased marginally by around 1 percent from Rs. 1,132 crores in the June quarter to Rs. 1,142 crores. In addition, the net profit increased by 6 percent from Rs. 17 crores to Rs. 18 crores during the same period.
Due to consistent operating revenue and profits on a YoY basis, the profitability metrics of the company improved with the return on equity (RoE) increasing from 6.37 percent during FY 21-22 to 10.75 percent in FY 22-23, and, the return on capital employed (RoCE) zoomed from 10.43 percent to 15.48 percent during the same timeframe.
In addition, the net profit margin of the company increased from 5.84 percent during FY21-22 to 6.53 percent in FY22-23.
Written by Vaibhav V Patil
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