Risk factor
Very poor trading liquidity
Profitability factor
Greatly overvalued vs peers
About
IL&FS Engineering and Construction Company Limited, based in Hyderabad, India, is an engineering and construction firm specializing in infrastructure development, construction, and comprehensive project management services. Its operations span across India and international markets. The company undertakes a wide array of infrastructure projects, including various transportation networks such as roads, bridges, expressways, highways, and railway systems. Its extensive portfolio also covers the construction of diverse building types, including residential, commercial, industrial, and hospital facilities. Additionally, the firm executes significant projects in the energy and utilities sectors, encompassing thermal and hydel power generation, transmission, and distribution networks, along with oil and gas pipelines, storage tank terminals, irrigation canals, dams, and water treatment plants. Beyond these, IL&FS Engineering and Construction specializes in industrial construction projects and comprehensive port developments, involving berths, jetties, breakwaters, marine structures, cargo handling facilities, and land preparation for port-based industries. Its capabilities further extend to airport infrastructure, constructing terminal facilities, runways, aprons, parking bays, hangars, and other associated structures. Founded in 1988, the company was formerly known as Maytas Infra Limited until its name change to IL&FS Engineering and Construction Company Limited in January 2011.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EBITD.