Bootes Impex Tech Ltd.

DRHP Status : Not Filed

3150

Current Price 3150

Market Cap 887 Cr

ISIN INE0U3P01016

Face Value 10

P/E Ratio 98.43

EPS 12.7

P/B Ratio 45.58

Book Value 26.22

Debt to Equity Ratio 0.02

P&L Statement

P&L Statement	2022	2023	2024
Revenue	103	415	1911
Cost of Material Consumed	10	71	528
Gross Margins	90.29	82.89	72.37
Change in Inventory	0	0	0
Employee Benefit Expenses	31	170	326
Other Expenses	45	158	187
EBITDA	17	16	870
OPM	16.5	3.86	45.53
Other Income	0	24	290
Finance Cost	0	0	1
D&A	1	5	17
EBIT	16	11	853
EBIT Margins	15.53	2.65	44.64
PBT	16	35	1142
PBT Margins	15.53	8.43	59.76
Tax	0	9	241
PAT	16	26	901
NPM	15.53	6.27	47.15
EPS	160	260	12.68

Financial Ratios	2022	2023	2024
Operating Profit Margin	16.5	3.86	45.53
Net Profit Margin	15.53	6.27	47.15
Earning Per Share (Diluted)	160	260	12.68

Balance Sheet

Assets	2022	2023	2024
Fixed Assets	3.4	12	56
CWIP	0	0	0
Investments	0	1.4	1
Trade Receivables	9	269	1625
Inventory	0	0	0
Other Assets	294.6	174.6	1081
Total Assets	307	457	2763

Liabilities	2022	2023	2024
Share Capital	1	1	710.6
FV	10	10	10
Reserves	16	37.5	1225
Borrowings	133	126	30
Trade Payables	2	6.6	388
Other Liabilities	155	285.9	409.4
Total Liabilities	307	457	2763

Name	Holding
Deepak Kumar Rai	79.20%
Others	20.8%

Bootes Impex Tech Limited (BITL) is engaged in the business of providing construction services. It offers buildings, land development, PPP projects, design & engineering, hotels, and medical complexes. The company has undertaken projects such as Jhansi Library, Shrimad Bhagwat Geeta Museum, Pradhan Mantri Sangrahalaya, Pradhan Mantri Sangrahalaya, 345 Hudson Street, Gandhi Smriti-Digital Memorial Museum. The company was incorporated in 2021 and has its registered office located in Haryana.

Strengths

Pioneering Sustainable Construction: Bootes Impex is recognized as India's first Net Zero Emission Construction Company, emphasizing eco-friendly building practices.
Diverse Project Portfolio: The company has successfully executed various projects, including:
- Jhansi Library: A Net-Zero building completed in a record 90 days.
- Shrimad Bhagwat Geeta Museum: India’s first Net-Zero museum.
- Pradhan Mantri Sangrahalaya: A technologically advanced museum in New Delhi.
- World Expo 2020 (Dubai): Provided HVAC solutions for the India Pavilion.
- Gandhi Smriti: Developed a digital memorial museum.
Robust Financial Growth: The company's financial trajectory shows significant growth:
- Revenue: Increased from ₹10.3 crores in FY 2021-22 to ₹19.11 crores in FY 2023-24.
- EBITDA: Grew from ₹0.16 crores in FY 2021-22 to ₹8.7 crores in FY 2023-24.
- Profit After Tax: Rose from ₹0.16 crores in FY 2021-22 to ₹9 crores in FY 2023-24
Innovative Technologies: Integration of advanced solutions like the water-saving ECOLOO and radiant cooling systems.
Strategic Partnerships: Collaborations with global entities, such as Innenco and Urbs AB, enhance capabilities in sustainable infrastructure.

Weaknesses

Liquidity Constraints: Unlisted shares are not traded on public stock exchanges, leading to potential challenges in buying or selling shares due to limited liquidity.
Valuation Challenges: Determining the fair market value of unlisted shares can be complex due to the absence of transparent pricing mechanisms.
Regulatory and Information Limitations: Unlisted companies are not obligated to disclose detailed financial information regularly, posing challenges in assessing performance.
Market Volatility: The price of unlisted shares can be more volatile compared to listed shares due to limited public trading and information availability.