SETUINFRA
Setubandhan Infrastructure Limited
Civil construction and infrastructure company
Industrials›Construction›Construction›Civil Construction
prakashconstro.com(opens the company website in a new tab)Key metrics
Price as of 2026-10-16
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Price & valuation
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What you need to know
A civil construction contractor, formerly called Prakash Constrowell, that has been in insolvency since November 2022 and is run by a court-appointed resolution professional; its revenue fell from ₹91 crore in FY22 to ₹8 crore in FY23.
Company snapshot
90thBy market cap
Ranked among 90 companies in Civil Construction.
Segment mix
Reportable segments as of 2023-03-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.
Largest segment: 100.0% of revenue
| Segment | Revenue share | Revenue | PBT | Assets |
|---|---|---|---|---|
| Real Estate | — | 0 Cr | 0 Cr | — |
| Works Contract | 100.0% | 70 Cr | 0.57 Cr | — |
What we see
- ✓Cash flow from operations is higher than reported profit — earnings quality looks solid.
- ✗Net margin is very thin at 0.1% — little room for error if costs rise.
Statement tables · Standalone
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 8 Cr | 23 Cr | 67 Cr | 7 Cr | 12 Cr | 5 Cr | 1 Cr | 3 Cr | 4 Cr | 0 Cr | 0 Cr | 0 Cr |
| Operating expenses (approx.) | 8 Cr | 25 Cr | 70 Cr | 9 Cr | 12 Cr | 5 Cr | 1 Cr | 2 Cr | 4 Cr | 0.09 Cr | 0.20 Cr | 0.19 Cr |
| EBITDA | 0.22 Cr | -2 Cr | -3 Cr | -2 Cr | 0.06 Cr | 0.10 Cr | -0.10 Cr | 0.71 Cr | 0.40 Cr | -0.09 Cr | -0.20 Cr | -0.19 Cr |
| OPM % | 2.7% | -8.8% | -4.9% | -26.4% | 0.5% | 1.9% | -7.5% | 25.6% | 9.1% | — | — | — |
| Other income | -0.0088 Cr | 0.31 Cr | 0.11 Cr | 0.06 Cr | 0.03 Cr | 0.08 Cr | 0.05 Cr | 0.41 Cr | 0.08 Cr | 0.0001 Cr | 0.01 Cr | 0.01 Cr |
| Interest | 0.0009 Cr | 0.10 Cr | 0.0018 Cr | 0.06 Cr | 0.02 Cr | -0.08 Cr | 0.0022 Cr | 0.0001 Cr | 0.0002 Cr | 0.0058 Cr | 0 Cr | 0 Cr |
| Depreciation | 0.27 Cr | 0.34 Cr | 0.25 Cr | 0.25 Cr | 0.25 Cr | 0.29 Cr | 0.23 Cr | 0.23 Cr | 0.33 Cr | 0.20 Cr | 0.20 Cr | 0.20 Cr |
| Profit before tax | -0.07 Cr | -2 Cr | -3 Cr | -2 Cr | -0.19 Cr | -0.03 Cr | -0.28 Cr | 0.88 Cr | 0.15 Cr | -0.30 Cr | -0.38 Cr | -0.37 Cr |
| Tax % | 0.0% | -12.1% | -3.7% | 3.2% | 28.5% | -1479.1% | -38.1% | 12.4% | 67.3% | -38.1% | -25.7% | -25.3% |
| Net profit | -0.07 Cr | -2 Cr | -4 Cr | -2 Cr | -0.14 Cr | -0.51 Cr | -0.39 Cr | 0.77 Cr | 0.05 Cr | -0.41 Cr | -0.48 Cr | -0.47 Cr |
| EPS (₹) | ₹-0.02 | ₹-0.19 | ₹-0.28 | ₹-0.16 | ₹-0.01 | ₹-0.04 | ₹-0.03 | ₹0.06 | ₹0.68 | ₹-0.03 | ₹0.04 | ₹-0.04 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 204 Cr | 284 Cr | 258 Cr | 130 Cr | 46 Cr | 91 Cr | 8 Cr | 0 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 194 Cr | 267 Cr | 250 Cr | 172 Cr | 73 Cr | 96 Cr | 8 Cr | 0.99 Cr | Sign in free for the trailing twelve months |
| EBITDA | 10 Cr | 17 Cr | 8 Cr | -41 Cr | -27 Cr | -5 Cr | 0.93 Cr | -0.99 Cr | Sign in free for the trailing twelve months |
| OPM % | 4.7% | 5.9% | 3.1% | -31.6% | -58.3% | -5.4% | 10.9% | — | Sign in free for the trailing twelve months |
| Other income | 6 Cr | 2 Cr | 2 Cr | 2 Cr | 0.44 Cr | 0.27 Cr | 0.54 Cr | 0.23 Cr | Sign in free for the trailing twelve months |
| Interest | 6 Cr | 7 Cr | 8 Cr | 3 Cr | 0.13 Cr | 0.0034 Cr | 0.0084 Cr | 0 Cr | Sign in free for the trailing twelve months |
| Depreciation | 0.95 Cr | 2 Cr | 2 Cr | 1 Cr | 1 Cr | 1 Cr | 0.99 Cr | 0.75 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 9 Cr | 10 Cr | 0.07 Cr | -44 Cr | -28 Cr | -6 Cr | 0.46 Cr | -2 Cr | Sign in free for the trailing twelve months |
| Tax % | 25.7% | 31.6% | -88.9% | -0.6% | -0.9% | -8.5% | 92.6% | -22.4% | Sign in free for the trailing twelve months |
| Net profit | 6 Cr | 7 Cr | 0.13 Cr | -44 Cr | -28 Cr | -6 Cr | 0.03 Cr | -2 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹0.51 | ₹0.56 | ₹0.01 | ₹-3.48 | ₹-2.22 | ₹-0.49 | ₹0.00 | ₹-0.15 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | — | — | 0.0% | — | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 13 Cr | 13 Cr | 13 Cr | 13 Cr | 13 Cr | 13 Cr | 13 Cr | 13 Cr |
| Reserves | 106 Cr | 113 Cr | 114 Cr | 70 Cr | 42 Cr | 36 Cr | 36 Cr | 33 Cr |
| Borrowings | 35 Cr | 37 Cr | 42 Cr | — | 71 Cr | 71 Cr | 71 Cr | 72 Cr |
| Other liabilities | 85 Cr | 81 Cr | 88 Cr | 107 Cr | 34 Cr | 53 Cr | 49 Cr | 53 Cr |
| Total liabilities | 240 Cr | 244 Cr | 257 Cr | 189 Cr | 160 Cr | 173 Cr | 169 Cr | 170 Cr |
| Fixed assets (net) | 17 Cr | 17 Cr | 13 Cr | — | 30 Cr | 29 Cr | 28 Cr | 27 Cr |
| CWIP | — | 0.67 Cr | 1 Cr | — | — | — | 0 Cr | 0 Cr |
| Investments | 3 Cr | 0.64 Cr | 0.97 Cr | — | 0.42 Cr | 0.43 Cr | 0.42 Cr | 0.42 Cr |
| Inventories | 69 Cr | 68 Cr | 55 Cr | — | 38 Cr | 36 Cr | 36 Cr | 36 Cr |
| Trade receivables | 49 Cr | 54 Cr | 57 Cr | — | 11 Cr | 29 Cr | 15 Cr | 15 Cr |
| Cash & bank | 4 Cr | 4 Cr | 1 Cr | — | 0.84 Cr | 1 Cr | 0.15 Cr | 3 Cr |
| Other assets | 99 Cr | 100 Cr | 128 Cr | 189 Cr | 79 Cr | 76 Cr | 89 Cr | 88 Cr |
| Total assets | 240 Cr | 244 Cr | 257 Cr | 189 Cr | 160 Cr | 173 Cr | 169 Cr | 170 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | -7 Cr | 5 Cr | -2 Cr | -4 Cr | -6 Cr | 0.27 Cr | -0.47 Cr | 3 Cr |
| Cash from investing | 0.14 Cr | -0.12 Cr | 2 Cr | -19 Cr | 3 Cr | 0.02 Cr | -0.49 Cr | 0.23 Cr |
| Cash from financing | 4 Cr | -4 Cr | -2 Cr | 23 Cr | 3 Cr | -0.0034 Cr | -0.0084 Cr | 0 Cr |
| Net cash flow | -3 Cr | 0.06 Cr | -2 Cr | -0.57 Cr | 0.11 Cr | 0.28 Cr | -0.97 Cr | 3 Cr |
| Free cash flow (OCF − Capex) | -16 Cr | 2 Cr | -3 Cr | -27 Cr | -6 Cr | 0.27 Cr | -0.47 Cr | 3 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|
| ROCE % | 9.9% | 10.5% | 4.8% | -25.8% | -20.8% | -3.8% | 0.4% |
| ROE % | 5.9% | 5.6% | 0.1% | -52.3% | -51.4% | -12.4% | 0.2% |
| Debtor days | 86 | 69 | 81 | 32 | 72 | 112 | 119 |
| Inventory days | 143 | 95 | 85 | 138 | 308 | 163 | 277 |
| Days payable | 65 | 58 | 71 | 22 | 68 | 136 | 165 |
| Cash conversion cycle | 165 | 106 | 95 | 148 | 312 | 139 | 231 |
| OCF / EBITDA % | -36.3% | 28.1% | -31.0% | — | — | — | n.m. |
| OCF / EBITDA % (3 years) | — | — | -4.5% | — | — | — | — |
| Debt / equity | 0.30 | 0.29 | 0.33 | 0.86 | 1.40 | 1.61 | 1.59 |
| Current ratio | 1.71 | 1.96 | 1.91 | 1.17 | 0.99 | 0.95 | 0.96 |
| Net debt / EBITDA | 2.78 | 1.96 | — | — | — | — | 61.09 |