Sunil Hitech

Sunil Hitech is engaged in EPC and Construction of Road & Bridges, Building works of institutions, hospitals and housing projects, cross country pipelines, civil & mechanical works of power and steel plants, cooling towers, chimneys, etc, also in renewable sector. The company’s numbers were pretty dull, not a decline but staid and that explains why the market gave it the thumbs down. For Q1FY17, the company’s total revenue rose 6% (YoY) at R.444 crore, ending the quarter with a 8% rise in net profit at Rs.12 crore. Sequentially, the net profit fell 14%.

Total costs were up 6% though other income showed a 33% rise. Its EBITDA for the quarter increased by 6.55% to Rs.47 crore and margins were flat at 10.53% v/s 10.51% (YoY). PAT Margin was also pretty flat, up from 2.64% to 2.68%. Equity is at Rs.17.32 crore and EPS for the quarter came in at Rs.6.86 (FV of Rs.10).

The total unexecuted Order Book as on June 30, 2016 stands at Rs. 3498 crore and orders worth Rs.1621 crore are from Power Business and Rs.1877 crore from non-Power Business. Promoters stake is at 56.17%.