Company Overview

Setubandhan Infrastructure Limited is an India-based construction company engaged in the construction of buildings, carried out on its own account or on a fee or contract basis. Incorporated in 1996, the company's registered office is located in Nashik, Maharashtra. Setubandhan Infrastructure Ltd operates primarily within the Construction industry.

The company was established to acquire the construction contracts and maintenance business of Prakash Builders, a proprietorship concern founded in 1978 by Prakash P. Laddha. Previously known as Prakash Constrowell Limited, it changed its name to Setubandhan Infrastructure Limited in June 2019. It is noted that Setubandhan Infrastructure Limited currently does not have significant operations.

Business Segments and Services

The Company focuses on construction projects for government and semi-government authorities. This includes buildings, quarters, roads, bridges, airports, godowns, and hospitals. Its key segments encompass:

- Infrastructure Development: This includes the construction and maintenance of roads/highways and bridges, often involving Public-Private Partnership (PPP) models. It also covers industrial parks, workshops, hospitals, and educational institutions.

- Civil Construction: This involves government staff quarters, hostel buildings, and auditoriums.

- Residential and Commercial Real Estate Construction: The company also undertakes construction for private bodies, including industrial buildings, residential and commercial complexes, townships, health care centers, and institutional campuses, along with related utility services.

Previously, the company was also engaged in the development of real estate properties and construction for both private and government entities across various building types and infrastructure projects.

Market Position and Financial Metrics

- Market Capitalization: ₹8.04 Cr (As of 2nd May 2025)

- Stock Symbols: NSE: SETUINFRA, BSE: 533605

- 52-Week High: ₹1.16

- 52-Week Low: ₹0.46

- P/E Ratio: 80.43

Recent Financial Performance

For the financial year ended 2023:

- Annual Performance: Posted a profit of ₹0.09 crore on a total income of ₹69.99 crore.

- Consolidated Quarterly Performance (ended 2023): Reported a loss of ₹-1.09 crore on a total income of ₹25.06 crore for the quarter.

- Trailing Twelve Months (TTM) Operating Revenue: ₹49.24 Cr.

Shareholding Pattern

- Promoter Holding: Increased to 27.42% as of December 2024 from 27.42% as of March 2024.

- Promoters: PRAKASH PUSARAM LADDHA and ARUNA PRAKASH LADDHA collectively own 26.78% of the total equity.

- Pledged Shares: 0% of the total equity was pledged by promoters as of March 2023.

Stock Performance Analysis

- Last 1 Month: Share price moved up by 16.36% on BSE.

- Last 3 Months: Share price moved up by 46.55% on NSE.

- Last 3 Years: Share price moved down by 78.95% on BSE.

The company exhibits mixed performance with recent quarterly gains, but long-term challenges are evident.

Key Investor Metrics:

- ROE (Return on Equity): 0% (considered poor and in need of improvement).

- EPS Rank: 1 (POOR, indicating inconsistent earnings).

- RS Rating: 68 (FAIR, reflecting recent price performance).

- Buyer Demand: C- (Indicating recent supply pressure).

- Group Rank: 98 (Belongs to the Bldg-Heavy Construction industry group, which is ranked poorly).

- Master Score: C (Fair, but requires improvement).

Overall, the stock shows mediocre technical strength and poor fundamentals, with superior investment alternatives available in the current market. It is important to note that this is a thinly traded stock.

The company represents a small-cap infrastructure stock with limited current operations, making it suitable primarily for investors with high risk tolerance and a deep understanding of the construction and infrastructure sector dynamics.