Thread by @VVVStockAnalyst

India is a Growth Story !

What is Important in India's Growth ?

Isnt it Infrastructure ??

So today's Let's look at a Infrastructure Company having Aim as high as the Sky and Vision as clear as the Glass and Focus as sharp as the Arrow !

Like and Retweet for wider reach !

The Company is none other than G R Infra

Now Let's see what GR Infraprojects does ?

Civil : Construction of roads, state and national
highways, bridges, culverts, flyovers, airport runways, etc
Railway : Construction, track lining, bridges, etc.
• Construction of metro rail

Manufacturing Facilities :
• Process bitumen
• Manufacture thermoplastic road‑marking paint and road signage
• Fabricate and galvanise metal crash barriers, high mast pole & lighting poles, OHE, PEB fabrication

Now Let's Look at GRIL in a Glance and what they have achieved during the years

100+ Road Projects completed
16000+ Workforce
4 Manufacturing Facilities

Project Mix of GRIL

63% HAM
31% EPC
5% Railways

GRIL Boasts a Strong Order Book of 15782.7 Crore with clientwise mix as shown Below

Let's look at the Earnings Trends now

Revenue has Doubled and EBITDA has Tripled in the Last 5 years .

That's Solid Growth

The Business boasts a Good 25 % Margin that's excellent in my View

The Business has Nominal Debt/Equity of 1.1

A infrastructure business is Asset Heavy and Debt is very common .

Even LT has a debt to Equity near 1

The PAT is growing at an Exponential Rate

Let's look at the Opportunity and Growth triggers of the Sector

Only small % of National highways are higher than 4 lanes presenting Huge opportunity

All developed/developing countries have higher % than India and growth is Clearly Visible Here !

Constant Push from the Government

This is clearly a positive Note for the Sector

As the economy expands, both in terms of population
and output, infrastructure remains a critical pillar
necessary to support its growth. This will necessitate
increased investment in new and upgraded
infrastructure, particularly within the transportation
segment.

Now Let's Look why I love GR Infra more than the many other Names in Market

A simple One Liner Theory

GR Infra Management aims as high and walks their talk as clear as the Sky

" GR Infra aims to become as good/better than LT "
"Targets are never impossible

Now Looking at the Investment Theory of @VijayKedia1 Sir

There should be a Big Sized Opportunity which is clearly Visible
Management should Aim the Skies which is again clearly evident here
Old Management - In case of GR Infra is 20+ Yr Old
Small Company - 18000Cr MCap

All the required Points are clearly visible here which just adds this in a Good Basket

Now Going Forward Let's Dive deep into Valuations and Share Holding Pattern !

GR Infra trades at Reasonable Valuations

2.4 times Sales
20 times their Earnings

Boasting a 25% ROCE,ROE and Trading at Less Multiples to ROCE is another Way to call it Undervalued

The Shareholding Pattern of GRIL as of Sept 2021

Promotors 87 %
FII+DII 10%

Public 2%

You heard me right just 2% .. That itself gives me strong Confidence to own GRIL

I have been Invested in GRIL from 1700-1730 Levels and have been Bullish on the Infrastructure Theme and India 's Growth with a lot of Confidence

Not an SEBI Registered Inv Advisor . Please contact your Advisor before any Buy / Sell Actions . This is Purely for Education

The thread took me a hefty time of the Evening and hence as a Small Return Gift i would expect you to please Like Share and Retweet the First Thread Without Fail ..

It would be an encouragement to me
@ishmohit1 @soicfinance @sahil_vi @nid_rockz @insharebazaar @kuttrapali26

Please do read this if you get some time @LuckyInvest_AK sir . Would be so happy to hear your words on my small Investment attempts and learn/improve as i move on ..

Thank you But please dont forget to Like Share and Retweet the First post of this Thread