SUMANSPEAKS June 23, 2026 SumanSpeaks Independent Capital Markets Intelligence · Estd 2006 Legal Intelligence · EPC Sector The Court That Keeps Giving SEPC Ltd (₹6.82) Another Chance to Breathe From a ₹195 crore Singapore arbitration decree to a ₹2 crore salary lifeline — how the Madras High Court became the most interesting character in SEPC's ongoing legal saga, and why the retail investor is watching the wrong plot entirely Indian markets love to price fear. And when a company simultaneously carries a Singapore arbitration award, a CRISIL D rating, and a Madras High Court order on its file, the average retail investor does not pause to read the fine print. He sells first, panic-tweets second, and asks questions never. SEPC Limited (BSE: 513446) has been living in this particular purgatory for over three years — down on bad days, overlooked on good ones, and relent...
Prajay Engineers Syndicate Ltd: Buy
CMP: Rs.10.80
Introduction: Prajay is a Hyderabad based real estate company, which gives you more than just
real estate. Prajay has been transforming the Hyderabad landscape for the last two decades by developing landmark residential and commercial properties in the twin cities. The company has also made its mark in handling Hospitality projects.
In its 20 years experience, Prajay has delivered over 75 projects and developed over 5 million square feet.
The company's broadly comes under two sections:
(I). Construction and Real Estate development -- 89.56% of total turnover.
(ii). Hospitality Business: Hotels and Resorts -- 10.44% of the total turnover.
The company's broadly comes under two sections:
(I). Construction and Real Estate development -- 89.56% of total turnover.
(ii). Hospitality Business: Hotels and Resorts -- 10.44% of the total turnover.
Triggers:
1. It has a land bank of almost 738 acres, as against a total debt of around Rs.200 Cr, book value of Rs.87.64 and market cap of only Rs.76.23 Cr.
2. Prajay has also extended its presence to Vishakhapatnam, developing over 35 projects with 18 million square feet under construction.
3. As of now the company is not launching new projects, and has decided to start work on Phase -Ii of some projects. Since, the real estate market in and around Hyderabad is picking up, it hopes to come up fresh projects soon.
4. At the end of last year, Prajay Engineers Syndicate Ltd announced its plans to develop 15,000 affordable homes by the year 2019 in Hyderabad and its surrounding locations where the company has developed a land bank. It is seeking to take advantage of the various benefits extended by the Union Budget, under section 80 IBA and Pradhan Mantri Awas Yojana, and facilitate development of two bedroom homes which are affordable and within reach of common man.
5. The total loss for FY17 decreased to Rs.23.96 Cr as against Rs.29.42 Cr in FY16. Moreover, if we look at the Q4FY17 results, then we will find that the total income increased to Rs.19.11 Cr as against Rs.11.55 Cr in Q3FY17 and Rs.14.63 Cr in Q4FY16. The total expenses increases to Rs.24.49 Cr in Q4FY17 primarily on account of the escalating cost of land, plots and constructed properties; though finance cost also shot up to Rs.5.49 Cr as against Rs.3.74 Cr in Q3FY17. The net loss of the company for Q4FY17 came flat at Rs.5.55 Cr as against Rs.5.31 Cr in Q3FY17 and Rs.5.64 Cr in Q4FY17.
6. A homebuyer henceforth will have to pay 12% GST to purchase an under construction house. If we look at the current scenario, real estate sector was heavily taxed, therefore 12% single tax structure is definitely a welcome move.
6. A homebuyer henceforth will have to pay 12% GST to purchase an under construction house. If we look at the current scenario, real estate sector was heavily taxed, therefore 12% single tax structure is definitely a welcome move.
Moreover, the continuance of low interest regimes in India, is likely to see the demand pick in the real estate sector, in the coming months; as festivals pick up steam from July - August. Besides, as the Indian economy picks up steam, the hospitality sector, will also show some spikes, in the near future.
Conclusion: Looking at the above data, it is concluded that the scrip remains undervalued. The investors can buy the stock of Prajay Engineers Syndicate Ltd at the CMP of Rs.10.80 (BSE) for short term target of Rs.15.60.
Popular posts from this blog
.jpeg)
Hikaru Nakamura and Atousa Pourkashiyan: A Checkmate in Love – A Grand Union Forged on the 64 - Squares.... Introduction: Hikaru Nakamura, a name synonymous with modern chess, is a prodigy-turned-legend whose brilliance has redefined the contours of the game. A five-time U.S. Champion, his fearless strategies and dynamic online presence have made him an unparalleled force in the chess world. In 2023, however, the grandmaster made headlines for a personal milestone: his marriage to the courageous and equally accomplished chess player, Atousa Pourkashiyan. Atousa, a Women's Grandmaster (WGM), is a celebrated chess player and a symbol of resilience. Her bold decision to compete without a hijab during the 2022 World Rapid and Blitz Championship became a landmark moment in the global spotlight. This act was a direct expression of solidarity with the Mahsa Amini protests in Iran, where women have continued to fight against oppressive mandates, demanding the freedom to choose their attir...
WINNING STROKES: THINK DIFFERENT: Please STOP investing in companies by simply looking at their past quarterly/annual results. More quickly you do away with this BAD habit, the better it will be for your investment philosophy. Please remember a debt free company (zero liability) which is closed, has tremendous value, unlike what an Old Analyst from Bombay is trying to make us understand. How will the markets behave today?? This portion only to the Paid Groups.... My Mom (mother) is seriously ill (who is suffering from Cancer) and hence the services to the Free and Paid Groups might be affected in the days to come... Galada Power and Telecom Ltd, which was recommended yesterday to the Paid Group through an SMS and then to the Free Group, hit the upper circuits. The company has 4 acres of land in Uppal , whose current market price is around Rs.24--Rs.28 Cr. However, what is the latest development in the company?? This portion only for the Paid Groups. Sanguine Media Services Ltd hit ...
Turnaround Play? 3i Infotech Bets on ₹100-Crore Rights Issue to Power Growth. ~Sumon Mukhopadhyay. ------------------------------------ Introduction: Founded in 1993 and headquartered in Mumbai , 3i Infotech Limited is a global IT services provider with over three decades of expertise in digital transformation. With a workforce exceeding 4,300 professionals and a client base spanning India, North America, the Middle East & Africa (MEA), and Asia-Pacific (APAC) , the company operates across three strategic verticals: 🔹Infrastructure Services (cloud and cybersecurity), 🔹 Application-Automation-Analytics , and 🔹 Business Process Services . In FY25 , 3i Infotech posted consolidated revenues of ₹725.75 crore (India: ₹335.80 crore; US: ₹287.34 crore; MEA: ₹74.98 crore; APAC: ₹27.63 crore) and achieved a net profit of ₹25.3 crore , marking a significant turnaround from a ₹313.6 crore loss in FY24 . To reinforce this recovery, the company has proposed a ...
Comments