March 28, 2024 - April 3, 2024

K2 Infragen IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to K2 Infragen IPO.

K2 Infragen IPO Review Summary from brokers and analysts

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

K2 Infragen IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

K2 Infragen IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is operating in a highly competitive segment. After static performance for FY21 and FY22 with a huge loss for the fiscal 21/22, it posted robust performance with bumper profits that not only raise eyebrows, but also concern over its sustainability. Based on FY24 annualized super earnings, the issue appears fully priced. It has order book worth Rs. 395+ cr. as of February 29, 2024. Well-informed investors may park moderate funds for the medium to long term rewards. Read detail review...

K2 Infragen IPO Peer Comparison

K2 Infragen Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	P/BV Ratio	Financial statements
K2 Infragen Limited	18.04	15.40	62.04		81.32	1.92
Markolines Pavement Technologies Ltd	8.24	8.24	44.91	12.68	18.35		Consolidated
W S Industries (India) Ltd	4.45	3.99	15.54	8.16	30.24		Consolidated
Udayshivakumar Infra Ltd	4.37	4.37	25.52		11.11		Consolidated
Advait Infratech Ltd	15.59	15.59	50.01	17.91	19.60		Consolidated

Source:

All the financial information for listed industry peers mentioned above is on a consolidated basis (unless otherwise available only on standalone basis) and is sourced from the annual reports as available of the respective company for the year ended March 31, 2023 submitted to stock exchanges.
The financial information of K2 Infragen Limited is based on the restated financial information for the year ended March 31, 2023.

K2 Infragen IPO Review by Members

K2 Infragen IPO Reviews, analysis and views by popular members. Read K2 Infragen Limited IPO reviews by retail investors to find recommended ipo to buy.

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K2 Infragen IPO Review Summary by Members

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