March 11, 2024 - March 13, 2024

Pratham EPC Projects IPO Review & Recommendations

Dilip Davda has given "Apply" recommendation to Pratham EPC Projects IPO.

Pratham EPC Projects IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	1	0	0	0	0
%	100.00	0.00	0.00	0.00	0.00

Pratham EPC Projects IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Apply

Pratham EPC Projects IPO Review by Dilip Davda (Apply)

[Dilip Davda] The company is emerging player in gas pipeline infrastructure related services and gaining ground with its cross-country focused projects. It marked surge in profits from FY23 onwards with its changed strategy. It has good client list. Based on FY24 earnings, the issue appears reasonably priced. Investors may park funds for the medium to long term rewards. Read detail review...

Pratham EPC Projects IPO Peer Comparison

Pratham EPC Projects Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	P/BV Ratio	Financial statements
Pratham EPC Projects Limited	5.90	13.87		42.50	5.41	Standalone
Likhitha Infrastructure Limited	15.22	63.39	15.47	24.01	3.72	Standalone

Notes:

All the financial information for listed industry peer mentioned above is on a consolidated basis sourced from the Annual Reports/Information of the peer company uploaded on the NSE and BSE website for the year ended March 31, 2023.
P/E Ratio has been computed based on the closing market price of equity shares on the BSE on March 31, 2023 divided by the Basic EPS.
RoNW is computed as net profit after tax divided by the closing net worth. Net worth has been computed as sum of share capital and reserves and surplus.
NAV is computed as the closing net worth divided by the closing outstanding number of equity shares.

Pratham EPC Projects IPO Review by Members

Pratham EPC Projects IPO Reviews, analysis and views by popular members. Read Pratham EPC Projects Limited IPO reviews by retail investors to find recommended ipo to buy.

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Pratham EPC Projects IPO Review Summary by Members

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