K2 Infragen Ltd
Cement And Construction | Small Cap
Health Score : 6.89K2 Infragen Ltd demonstrates a mixed financial performance. The company showcases robust profitability driven by strong returns on capital, equity, and assets, alongside healthy gross and operating margins. Efficiency is a mixed bag, with excellent turnover of fixed assets and inventory but struggles in managing receivables and capital. Revenue and asset growth are impressive, but these are offset by declines in operating profit, EPS, and net income. The company's solvency position is strong, with low debt levels relative to equity and assets. Liquidity is adequate, supported by a good quick ratio, but is hampered by a negative operating cash flow ratio. The company's coverage ratios are weak due to lack of dividend coverage. Overall, K2 Infragen exhibits solid profitability and solvency, but needs to address its growth and efficiency challenges.
Latest Report
View AllThe Latest Reports Are Not Available at the Moment. We’ll Notify You Once They’re Available.
Latest News
View AllThe Latest News Is Not Available at the Moment. We’ll Notify You Once It’s Available.
- Valuation MetricsNeutral
- Market Metrics
- Stock Reports
- Stock News
- Growth Ratio4.80
- Financial Ratio4.00
- Profitability Ratio10.00
- Efficiency Ratio6.00
- Coverage Ratio6.80
- Solvency Ratio9.40
- Liquidity Ratio6.56
- Peer Assessment
- Management AssessmentBalanced
- Risk AssessmentBalanced
- 1 HourNeutral
- 2 HoursNeutral
- 4 HoursNeutral
- 1 DayNeutral
- 1 WeekNeutral
- 1 MonthNeutral
Health Score : 6.89K2 Infragen Ltd demonstrates a mixed financial performance. The company showcases robust profitability driven by strong returns on capital, equity, and assets, alongside healthy gross and operating margins. Efficiency is a mixed bag, with excellent turnover of fixed assets and inventory but struggles in managing receivables and capital. Revenue and asset growth are impressive, but these are offset by declines in operating profit, EPS, and net income. The company's solvency position is strong, with low debt levels relative to equity and assets. Liquidity is adequate, supported by a good quick ratio, but is hampered by a negative operating cash flow ratio. The company's coverage ratios are weak due to lack of dividend coverage. Overall, K2 Infragen exhibits solid profitability and solvency, but needs to address its growth and efficiency challenges.
Overall Valuation Score
P/E RATIO (TTM)
6.54
Industry Median
21.13
Small Cap Median
21.13
P/E RATIO
6.56
P/B RATIO
0.97
Industry Median
2.05
Small Cap Median
1.99
P/S RATIO
0.46
Industry Median
1.11
Small Cap Median
1.11
Others
PEG RATIO
0.00
EV/EBITDA RATIO
3.48
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹69.05 as on Jun 19, 2026.
Unlock Live Chart
Please login to view interactive real-time technical charts powered by TradingView.
Markets Depth NSE
Buy Orders
Bid
Quantity
Orders
No buy depth
Total
0
0
Sell Orders
Ask
Quantity
Orders
No sell depth
Total
0
0
Markets Today NSE
High
0.00
Low
0.00
Open
0.00
Close
0.00
Prev Close
0.00
Avg Price
0.00
Volume
0
Last Traded Quantity
0
Last Traded Time
N/A
Price Movement Indicator
0.00
Today's Low
0.00
Today's High
Growth Score : 4.80The company exhibits mixed growth performance. Strong revenue and asset growth indicate the company is expanding its operations. However, declines in operating profit, EPS, and net income growth suggest challenges in maintaining profitability as it grows. While the company is increasing its scale, it needs to focus on improving its operational efficiency to translate revenue growth into bottom-line results.
Revenue Growth RateExcellent
Operating Profit Growth RatePoorEarnings Per Share (EPS) GrowthPoorAsset Growth RateExcellentNet Income Growth RatePoor| Growth Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue Growth Rate | 5.71 | 102.7 | 45.33 | 34.86 | 25.85 |
| Operating Profit Growth Rate | -100 | 10.53 | -9.52 | 21.05 | |
| Earnings Per Share (EPS) Growth | -980.49 | -449.93 | -73.24 | -32.32 | 15.08 |
| Asset Growth Rate | 18.18 | 119.23 | 77.19 | 82.18 | 25 |
| Net Income Growth Rate | -466.67 | 9.09 | 0 | 8.33 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Financial Score : 4.00The financial metrics of the company reveal some challenges. Low adjusted EPS and book value per share indicate areas of concern regarding profitability and equity value. The company's decision not to pay dividends could reflect a focus on reinvesting earnings for future growth or addressing current financial constraints. The strength lies in its capital expenditures, suggesting continuous investment in its operations.
Adjusted Earnings Per Share (Adjusted EPS)Poor
Cash Earnings Per Share (Cash EPS)WeakBook Value Per SharePoorDividend Per Share (DPS)PoorCapital Expenditures (CapEx)Excellent| Financial Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Adjusted Earnings Per Share (Adjusted EPS) | -15.2 | 55 | 13.33 | 9.37 | 10 |
| Cash Earnings Per Share (Cash EPS) | -5 | 65 | 15.56 | 10.77 | 12.31 |
| Book Value Per Share | 5 | 70 | 50 | 59.23 | 69.23 |
| Dividend Per Share (DPS) | 0 | 0 | 0 | 0 | 0 |
| Capital Expenditures (CapEx) | 0.8 | 0.6 | 2.7 | 1.9 | 3.7 |
Adjusted Earnings Per Share (Adjusted EPS)
Cash Earnings Per Share (Cash EPS)
Book Value Per Share
Dividend Per Share (DPS)
Capital Expenditures (CapEx)
Profitability Score : 10.00The company demonstrates strong profitability. High gross profit margin, ROCE, ROE, ROA, operating margin, and net margin all indicate efficient operations and effective management. The company is generating significant returns on its capital, equity, and assets, showcasing its ability to convert revenue into profit and deliver value to its stakeholders. This strong profitability is a key strength for the company.
Gross Profit MarginExcellentReturn on Capital Employed (ROCE)ExcellentReturn on Equity (ROE)ExcellentReturn on Assets (ROA)ExcellentOperating MarginExcellentNet MarginExcellent| Profitability Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Profit Margin | -5.41 | 22.67 | 17.43 | 11.56 | 10.81 |
| Return on Capital Employed (ROCE) | -5 | 58 | 36 | 18 | 15 |
| Return on Equity (ROE) | -300 | 78.57 | 26.67 | 15.58 | 14.44 |
| Return on Assets (ROA) | 0 | 33.33 | 20.79 | 10.33 | 10 |
| Operating Margin | 0 | 25.33 | 19.27 | 12.93 | 12.43 |
| Net Margin | -8.11 | 14.67 | 11.01 | 8.16 | 7.03 |
Gross Profit Margin
Return on Capital Employed (ROCE)
Return on Equity (ROE)
Return on Assets (ROA)
Operating Margin
Net Margin
Efficiency Score : 6.00The company shows mixed efficiency. Fixed asset and inventory turnover ratios are very high, indicating efficient use of fixed assets and inventory management. However, low receivables and capital turnover ratios, coupled with high receivable days, indicate inefficiencies in collecting revenue and utilizing capital. While the company is effective in some areas, improvements are needed in managing receivables and overall capital deployment.
Fixed Asset Turnover RatioExcellentInventory Turnover RatioExcellentReceivables Turnover RatioPoorDays Sales in Inventory RatioExcellentReceivable DaysPoorCapital Turnover RatioPoor| Efficiency Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Fixed Asset Turnover Ratio | 3.7 | 9.38 | 12.11 | 14.7 | 16.82 |
| Inventory Turnover Ratio | 38 | 116 | N/A | N/A | N/A |
| Receivables Turnover Ratio | 4.11 | 3.19 | 2.22 | 1.54 | 1.38 |
| Days Sales in Inventory Ratio | 9.61 | 3.15 | N/A | N/A | N/A |
| Receivable Days | 88.81 | 114.42 | 164.41 | 237.01 | 264.49 |
| Capital Turnover Ratio | 3.36 | 4.41 | 2.27 | 1.79 | 1.58 |
Fixed Asset Turnover Ratio
Inventory Turnover Ratio
Receivables Turnover Ratio
Days Sales in Inventory Ratio
Receivable Days
Capital Turnover Ratio
Coverage Score : 6.80The company's coverage ratios present a mixed view. The interest coverage ratio is adequate, suggesting that the company can comfortably meet its interest obligations. However, the lack of equity dividend coverage is a concern, indicating that the company is not in a position to provide dividends to its equity holders. While interest payments are manageable, the company needs to focus on building a position where it can provide returns to its equity investors.
Interest Coverage RatioExcellentEquity Dividend Coverage RatioPoor| Coverage Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Interest Coverage Ratio | -0.5 | 8.5 | 6.67 | 6 | 3 |
| Equity Dividend Coverage Ratio |
Interest Coverage Ratio
Equity Dividend Coverage Ratio
Solvency Score : 9.40The solvency position of the company is strong. Low debt and debt-to-equity ratios signal prudent financial risk management. A high equity ratio confirms that the company is primarily financed by equity rather than debt. The debt to asset ratio indicates very less assets are funded through debt. This strong solvency provides a solid foundation for future growth and stability.
Debt RatioExcellentDebt to Equity RatioGoodEquity RatioExcellentDebt To Asset RatioExcellent| Solvency Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Debt Ratio | 0.91 | 0.18 | 0.06 | 0.06 | 0.23 |
| Debt to Equity Ratio | 10.11 | 0.22 | 0.06 | 0.06 | 0.3 |
| Equity Ratio | 0.09 | 0.82 | 0.94 | 0.94 | 0.77 |
| Debt To Asset Ratio | 0.38 | 0.05 | 0.03 | 0.03 | 0.12 |
Debt Ratio
Debt to Equity Ratio
Equity Ratio
Debt To Asset Ratio
Liquidity Score : 6.56The company's liquidity position reflects a mix of strengths and weaknesses. The quick ratio indicates a good ability to meet short-term obligations with its most liquid assets. However, the negative operating cash flow ratio is a concern, suggesting difficulties in generating cash from its core business activities. The current and cash ratio also need to be improved. While the company appears to have enough liquid assets, its operational cash generation needs enhancement.
Current RatioAverageQuick RatioExcellentCash RatioAverageOperating Cash Flow RatioPoor| Liquidity Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Current Ratio | 1.14 | 1.23 | 1.72 | 1.68 | 1.93 |
| Quick Ratio | 1.07 | 1.23 | 1.72 | 1.68 | 1.93 |
| Cash Ratio | 0.14 | 0.05 | 0.42 | 0.24 | 0.16 |
| Operating Cash Flow Ratio | -0.07 | -0.03 | 0.09 | -0.42 | -0.15 |
Current Ratio
Quick Ratio
Cash Ratio
Operating Cash Flow Ratio
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | Lakshya Powertech Ltd | 7.32 | 10.20 | Neutral | 20.00 | 10.05 | 10.00 |
| 2 | Rulka Electricals Ltd | 7.08 | 11.38 | Highly Undervalued | 6.00 | 7.72 | 3.00 |
| 3 | K2 Infragen Ltd | 6.89 | 6.56 | Neutral | 23.00 | 10.56 | 13.00 |
| 4 | Sonu Infratech Ltd | 6.76 | 4.17 | Neutral | 29.00 | 9.67 | 13.00 |
| 5 | Salasar Exteriors & Contour Ltd | 6.24 | -19.69 | Neutral | -1.35 | 0.07 | -1.67 |
| 6 | Gensol Engineering Ltd | 6.21 | 1.51 | Highly Undervalued | 330.00 | 33.46 | 87.00 |
| 7 | Rachana Infrastructure Ltd | 6.09 | 7.03 | Neutral | 18.00 | 5.44 | 10.00 |
| 8 | Teerth Gopicon Ltd | 6.08 | 1.85 | Neutral | 25.00 | 10.70 | 13.00 |
| 9 | V.L.Infraprojects Ltd | 5.74 | 7.72 | Neutral | 16.00 | 5.36 | 8.00 |
| 10 | Kridhan Infra Ltd | 5.70 | 0.40 | Highly Undervalued | 2.00 | 7.63 | 72.00 |
| 11 | Konstelec Engineers Ltd | 4.97 | 15.62 | Highly Undervalued | 19.00 | 4.96 | 7.00 |
| 12 | Manugraph India Ltd | 4.13 | -4.34 | Neutral | -15.00 | 1.63 | -11.00 |
| 13 | Manav Infra Projects Ltd | 3.77 | 18.08 | Overvalued | 6.66 | 2.95 | 4.03 |
| 14 | Teamo Productions HQ Ltd | 3.71 | -9.80 | Neutral | -0.07 | 0.00 | -1.04 |
| 15 | Madhucon Projects Ltd | 2.67 | 4.08 | Neutral | -185.00 | 1.51 | 11.00 |
Balanced ManagementK2 Infragen Ltd's management effectiveness is a mix of strengths and weaknesses. Key positives include substantial sales growth and high ROCE, indicating efficient capital use. However, increasing debt and declining OPM raise concerns. The increasing debtor days also indicate potential operational inefficiencies. Overall, management shows strengths in revenue generation and capital returns, but financial and operational management need attention.
| Category | Metric | Value | Assessment |
|---|---|---|---|
| PROS | Sales Growth (3Y CAGR) | 59% | Demonstrates strong revenue generation |
| ROCE (Mar 2023) | 58% | Indicates efficient capital utilization | |
| CONS | Debt Increase (2021-2025) | ₹18 Cr to ₹57 Cr | Raises concerns about financial leverage |
| OPM Decline (Mar 2023 to Mar 2025) | 26% to 12% | Suggests challenges in maintaining profitability |
Financial Performance & GrowthAverageCapital Efficiency & ReturnsGoodFinancial Health & PrudenceWeakStrategic & Operational IndicatorsAverageFinancial Performance & Growth
K2 Infragen demonstrates strong revenue growth, but profitability trends are mixed. Sales have increased significantly, but OPM has declined.
The company's sales growth is notable, with a three-year compounded sales growth of 59%. However, the recent TTM sales growth is 35% indicating a continued, albeit slightly tempered, upward trajectory.
The operating profit margin (OPM) has decreased from 26% in March 2023 to 12% in March 2025. This decline in OPM indicates potential challenges in maintaining profitability as the company grows.
The compounded profit growth over the past three years is 79%. However, the TTM profit growth shows a -7% decline. This inconsistency suggests that while the company has historically achieved high profit growth, recent performance has been less robust.
Capital Efficiency & Returns
The company exhibits strong capital efficiency, with high ROCE and ROE, indicating effective use of capital and shareholder funds.
The Return on Capital Employed (ROCE) has fluctuated but remains relatively high. While the ROCE was 58% in March 2023, it decreased to 18% by March 2025. Despite this decline, an ROCE of 18% still indicates that the company is generating returns above its cost of capital.
The Return on Equity (ROE) also reflects this trend. The three-year average ROE is 36%, suggesting good returns to shareholders. The ROE for the last year is 19%. This indicates that the company is still generating substantial returns on shareholder equity, though there has been a decrease from previous levels.
Financial Health & Prudence
K2 Infragen's financial health shows signs of weakness due to increasing debt levels.
Borrowings have increased significantly over the past few years. Total borrowings have risen from ₹18 Cr in March 2021 to ₹57 Cr in March 2025. This substantial increase in debt raises concerns about the company's financial leverage and its ability to manage interest payments.
The debt-to-equity ratio has also increased.
The company has not been sharing profits with investors, as indicated by a 0% dividend payout. This could be due to the company prioritizing reinvestment into the business or managing its financial obligations.
Strategic & Operational Indicators
Operational efficiency is a concern as indicated by increasing debtor days.
Debtor days have increased from 82 in March 2021 to 323 in March 2025. This significant increase suggests that the company is taking longer to collect payments from its customers.
The cash conversion cycle has also increased, mirroring the trend in debtor days. The cash conversion cycle has risen from 60 days in March 2021 to 323 days in March 2025. This extended cycle ties up working capital for longer periods.
The company's working capital days have also increased. The working capital days have risen from 90 days in March 2021 to 217 days in March 2025. This increase reflects the longer time it takes for the company to convert its working capital into revenue.
Balanced RiskK2 Infragen faces moderate risks due to increasing debt and operational inefficiencies. Rising debtor days and a lengthening cash conversion cycle add to the risk profile. While the company demonstrates robust sales growth and high ROCE, these positives are offset by the need for more prudent financial and operational management.
Off-balance sheet exposure quantificationAverageContingent liability evaluationAverageOff-balance sheet exposure quantification
There is no specific data available on off-balance sheet exposure quantification.
Contingent liability evaluation
There is no specific data available on contingent liability evaluation.
0 Credits RemainingUnlock Deep Technical Insights in Seconds Only with Dhanarthi AI
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Market Sentiment
Analysis Driven By 1 Technical Indicators From The 1 Hour Timeframe
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Market Sentiment
Analysis Driven By 1 Technical Indicators From The 2 Hours Timeframe
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Market Sentiment
Analysis Driven By 1 Technical Indicators From The 4 Hours Timeframe
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Market Sentiment
Analysis Driven By 1 Technical Indicators From The 1 Day Timeframe
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Market Sentiment
Analysis Driven By 1 Technical Indicators From The 1 Week Timeframe
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Market Sentiment
Analysis Driven By 1 Technical Indicators From The 1 Month Timeframe