SUNIL HITECH ENGG a potential MULTIBAGGER (Analysis)

So I came across his stock after Porinju Veliyath recommended this stock. I started tracking this stock, It really is a stock worth investing.
The stock is currently trading around Rs.13.5.

Sunil Hitech Engineer is a major Engineering, Procurement & Construction Company in India. It offers services in Urban Infra, Roads, Power Projects, Solar Energy & Solid waste Management.

Interesting numbers & great fundamentals & strong Order book
.
Some interesting numbers :
- Revenue CAGR Growth = 16.12% (Good above 15%)
- PAT CAGR Growth = 14.27% (Good)
- EPS CAGR Growth = 10.82% (Good)

- Sales Vs Receivable (Receivables as a % of Net Sales) :
2012 - 24.6%
2103 - 34.4%
2014 - 33.1%
2015 - 23%
2016 - 27.1%
The company has shown some stability here,a large part of their sales is not really backed by receivables (Credit), which is quite encouraging.

- Net Cashflow from Operating activity is stable & positive which signals core business operations are generating cash and are successful.
- Total Non-Current Debt has decreased from past year.
-ROE has increased for past 3 years and is around 12-13% which is good as it is above 10%

- Has Strong Order Book :
The company has been awarded orders worth Rs 935.91 crore on EPC basis in the state of Maharashtra and Jharkhand & also an order worth Rs 434 crore in the state of Arunachal Pradesh.

Links -

• https://www.moneycontrol.com/news/b...on-orders-win-worth-rs-936-crore-2253861.html
• https://www.indiainfoline.com/artic...4-cr-in-arunachal-pradesh-116122700351_1.html
• https://www.moneycontrol.com/news/a...ew-projects-worth-rs-93591-crore_8745861.html

Also has many Ongoing Projects.

With numbers so interesting & great fundamentals I really think this stock has the potential to be next Multibagger. I have addded to my portfolio.

Ace Investor Porinju recommended this stock among his TOP Picks, here are some links -

• https://economictimes.indiatimes.co...th-for-calendar-2017/articleshow/56214441.cms

Dis. - My views are personal please do a due diligence before investing.

 

good infra story .good for 10 years investment.

 

Please go through below and take your call:

https://www.business-standard.com/a...ers-tanks-60-in-one-month-116112300535_1.html

 

I have Sunil Hi. May be a multibagger. Down now making it good buy

 

Yeah! Infra is the sector in focus! There is a lot momentum in Infra now.

 

Yes!

 

yes , in my portfolio i am having 2 infra stocks
1.PNC infra
2. Sunil Hitech

 

@RAMA MURTHY SASTRY CHALLA PNC infra & Sunil Hitech both are good stock, another stock in the infra space I like is J Kumar. At what price did you buy PNC Infra?

 

I an watching Jkumar infra. What do you think can be the best price for long term investment

 

Sir , now i am at Bangalore tour , i will come back on 24 th of this month , after i reach my town , i wll study jkumar and give reply to you sir

 

Helo Rama Sir,

I am holding 5000 Sunil Hitech at price of 13.....I want to accumulate more but awaiting for correction....Do you see that I can get this stock around 12-11???

 

Stock is shooting up to 14.50 you have made heavy gain. Congrats for conviction

 

Thanks Srouta Ji

 

J Kumar is not in my portfolio but on my watchlist, so I cant say anything about its target price. It has shown increasing PAT over the years though the CAGR stands around 8% and has stable balance sheet and strong order book but I would suggest you to book partial profits if your're in good profits.

 

I'm saying this again, look Sunil Hitech for long term investment only, as I have mentioned above in my analysis. I & @RAMA MURTHY SASTRY CHALLA, we both are looking at this stock for long term investment only.

Also please refer to this thread for our conversation -

https://rakesh-jhunjhunwala.in/forum/threads/future-multi-bagger-company-analysis.924/page-37

 

My holding period for Sunil Hitech is atleast 1-2 years.........

 

very nice price , congratulations sir

 

Recent press release :

Sunil Gutte willing to step up Sunil HiTech Engineers Ltd in infrastructure verticals -

https://www.thehindubusinessline.co...n-infrastructure-verticals/article9658242.ece

Also contains list of ongoing projects : (strong order book)

Building Construction Ongoing Projects

PUNJAB

• Bathinda & Govindval- Construction of Central Sudhar Griha – CV Rs. 350.00 Crs

NAGPUR

• Water Greens- Jaitala Nagpur 4 Tower buildings.
• Royalty-7 Bungalows on 7 floors.

GOA

• Green Acres- 5 Tower Building

ANDHRA PRADESH

• Singreni- SCCL- Construction of Staff Quarters, GM Bungalow at Singareni TPP – CV Rs. 92.29 Crs
• Construction on Administrative Building/Canopies at Toll Plaza (pkg 5&6) at Hyderabad

MAHARASHTRA

• 2x500 MW NTPC Mauda STPP Civil work of Administrative& Residential Buildings.
• CPWD/VNIT Nagpur: Construction of Classroom Complex.

UTTAR PRADESH

• Kanpur- KDA - Construction of EWS Houses – CV Rs. 89.38 Crs
• Firozabad- UPRNNL - Construction of Medical college buildings – CV Rs. 130.00 Crs

BIHAR

• BSHB - Construction of 1054 Flats at Dalpatpur (G+11) – CV Rs. 415.48 Crs
• Construction of Surgical Block Building at Darbhanga, Bihar – CV Rs. 1,32.30 Crs

 

Very good research work ....

 

in my view " Sunil Hitech & PNC Infra " is my recent Investments ....

i am expecting these are Future " L&T " like companies