Likhitha Infrastructure Ltd (IN:LIKHITHA)
:LIKHITHA
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Likhitha Infrastructure Ltd
(LIKHITHA)
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Rating:72Outperform
Price Target:
₹269.00
▲(40.40% Upside)
Action:UpgradedDate:04/09/26
The score is driven primarily by solid fundamentals (strong growth, profitability, and a very low-debt balance sheet), offset by a meaningful quality-of-earnings risk from negative FY2025 operating/free cash flow. Technicals remain supportive due to a strong uptrend, but overbought readings temper the near-term outlook. Valuation appears reasonable at a ~20x P/E, though the lack of dividend yield data reduces support.
Positive Factors
Conservative Balance Sheet
Negligible debt and a very conservatively levered balance sheet materially lower financial risk, improving resilience to project delays or cyclical downturns. This structural strength supports competitive bidding, access to project financing, and long-term stability of operations and capital allocation.
Negative Factors
Weak Cash Conversion
Negative operating and free cash flow in FY2025 creates a structural earnings-quality concern: reported profits aren't reliably converting into cash. Persistent working-capital swings can constrain capex, require external financing for growth or payroll, and raise risk on sustaining margins and tender performance.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
Negligible debt and a very conservatively levered balance sheet materially lower financial risk, improving resilience to project delays or cyclical downturns. This structural strength supports competitive bidding, access to project financing, and long-term stability of operations and capital allocation.
Read all positive factors
Likhitha Infrastructure Ltd (LIKHITHA) vs. iShares MSCI India ETF (INDA)
Market Cap
₹8.75B
Dividend Yield0.79%
Average Volume (3M)3.93K
Price to Earnings (P/E)20.4
Beta (1Y)1.46
Revenue GrowthN/A
EPS GrowthN/A
CountryIN
Employees613
SectorEnergy
Sector Strength52
IndustryOil & Gas Equipment & Services
Share Statistics
EPS (TTM)2.35
Shares Outstanding39,450,000
10 Day Avg. Volume5,300
30 Day Avg. Volume3,934
Financial Highlights & Ratios
PEG Ratio2.58
Price to Book (P/B)2.87
Price to Sales (P/S)2.06
P/FCF Ratio-334.89
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Likhitha Infrastructure Ltd Business Overview & Revenue Model
Company Description
Likhitha Infrastructure Limited engages in laying, erection, testing, and commissioning of oil and gas pipe lines in India. The company is also involved in laying of oil and gas supply pipe lines and irrigation canals, building bridges over the ca...
How the Company Makes Money
LIKHITHA makes money mainly by executing EPC/construction contracts for pipeline and related infrastructure projects. Revenue is recognized from contract work performed—typically based on measured progress/percentage-of-completion as project miles...
Likhitha Infrastructure Ltd Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
92
Very Positive
Cash Flow
46
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.86B | 5.20B | 4.22B | 3.65B | 2.57B | 1.91B |
| Gross Profit | 1.17B | 1.34B | 960.71M | 1.22B | 994.92M | 732.51M |
| EBITDA | 823.42M | 955.28M | 937.43M | 872.73M | 623.53M | 392.32M |
| Net Income | 602.31M | 693.27M | 654.12M | 595.23M | 459.90M | 289.90M |
Balance Sheet | ||||||
| Total Assets | 4.53B | 4.26B | 3.50B | 2.96B | 2.16B | 1.69B |
| Cash, Cash Equivalents and Short-Term Investments | 1.16B | 863.21M | 906.04M | 719.82M | 468.28M | 579.50M |
| Total Debt | 5.32M | 6.94M | 0.00 | 0.00 | 0.00 | 1.65M |
| Total Liabilities | 532.42M | 515.79M | 396.27M | 451.07M | 236.22M | 153.66M |
| Stockholders Equity | 3.98B | 3.73B | 3.10B | 2.50B | 1.93B | 1.53B |
Cash Flow | ||||||
| Free Cash Flow | -138.72M | -31.93M | 66.06M | 222.14M | -71.18M | -16.65M |
| Operating Cash Flow | -106.43M | -2.33M | 205.69M | 313.95M | 31.12M | 8.10M |
| Investing Cash Flow | 43.61M | 372.11M | 132.53M | -129.97M | 95.68M | -503.92M |
| Financing Cash Flow | -7.16M | -62.37M | -69.31M | -27.49M | -73.18M | 532.30M |
Likhitha Infrastructure Ltd Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ₹8.75B | 20.36 | ― | 0.79% | ― | ― | |
69 Neutral | ₹16.13B | 36.12 | ― | ― | 212.48% | 135.64% | |
68 Neutral | ₹15.45B | -12.45 | ― | 0.18% | 34.80% | 252.88% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
55 Neutral | ₹13.51B | 18.17 | ― | 0.34% | 41.19% | -26.66% | |
40 Underperform | ₹22.87B | -3.50 | ― | ― | -58.59% | -14.79% |
* Energy Sector Average
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Likhitha Infrastructure Ltd Corporate Events
Likhitha Infrastructure Says Share Price Volatility Is Market-Driven
Apr 3, 2026
Likhitha Infrastructure Ltd has responded to queries from the National Stock Exchange of India and BSE regarding the recent significant movement in its share price. The company stated it has disclosed all material information in compliance with SE...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.