15 Tweets 8 reads Jan 06, 2023
#Likhitha Infrastructure Ltd.
A Techno-Funda 🧵 on Likhitha Infrastruture Ltd (LIL)
Technical View 👇
About :
👉Co. is engaged in the business of laying Oil & Gas Pipeline Infrastructure Services & irrigation canals, building bridges over the canals & related Operation & maintenance works to the City Gas Distribution (CGD) Co. in India.
👉 Key Business Segments 👇
PRESENCE:
👉Co. is having a strong Pan-India presence over 17 States & 2 Union Territories. Co. has successfully laid around 1000+ Kms of Oil & Gas pipelines including steel & MDPE networks👇
👉In addition, Co. has laid approx. 600 km of Oil & Gas pipelines for ongoing projects
ACHIEVEMENT:👇
👉Co. executed the “FIRST TRANS-NATIONAL CROSS COUNTRY PIPELINE PROJECT” connecting India to Nepal in South-East Asia for IOCL.
CLIENTELE: 👇
👉Long-Term healthy Relationships with Clients.
ONGOING PROJECTS: 👇
&
World's Longest Pipeline : Consortium of IOCL, HPCL & BPCL 👇
NEW PROJECTS👇
👉Entered into North-East Region for Oil & Gas projects for our new client IGGL –Appx. 121 Kms
👉Received Major order from AGP Tamilnadu & Kerala for Laying of CGD pipeline –Appx. 350 Kms
👉Order from Numaligarh Refinery Ltd. for laying of Cross-Country Pipeline
Finacial Parameters 👇
👉MCap: 892 Cr. vs 👉Order Book: 1457 Cr.
👉Stock P/E: 16.8 vs 👉Industry P/E: 28.7
👉ROCE: 35.3 % &👉ROE: 26.3 %
👉Promoter holding: 74.1 %
👉OPM last 5 Yr: 20.5 %
👉Debt-Free Co.
👉Recently, Ashish Kacholia bought 397,000 (2.0127%) shares @ Rs 386/-
GOVT. INITIATIVES👇
👉PNGRB has increased the Geographical Areas to 293 comprising 617 districts, covering 96% of population
👉India is focusing on gas-based economy & a lot of work is done on ‘One Nation, One Gas-Grid’ as gas-based economy is crucial for an Atmanirbhar Bharat.
👉Govt. has taken several initiatives to increase the share of natural gas in India’s energy basket from 6% to 15% in the upcoming years.
👉The Govt. has an integrated approach to energy planning. The country is now witnessing work on 16000 kms new pipelines all over the country
👉A gas-based economy is crucial for Atmanirbhar Bharat. Infrastructure development offered great potential for natural gas in India. The rising demand for natural gas in power generation & transportation is expected to drive the Oil & Gas market in near future.
👉The Minister of State for Petroleum and Natural Gas (MoPNG), announced that the govt. had set a target to raise the share of natural gas in the energy mix to 15% by 2030. Currently in India, the natural gas share in the primary energy mix has increased from 6.3% to 6.7%.
COMPANY FUTURE OUTLOOK 👇
👉Company is intending to expand into new verticals for Tankage Projects & expecting a order from IOCL.
👉Company is exploring opportunities in Middle East, Africa & other countries where there is huge demand of Pipeline Infrastructure companies.
CHALLENGES 👇
👉Indian oil & gas industry is faces Enterprise shake-up & Internal Resources.
👉Demand for oil & gas is relatively Price-inelastic & much more responsive to shifts in trends.
👉Any future COVID lock-down extensions would affect.
Thanks☺️
--END--
#Likhitha received its first order of Year 2023 amounting to Rs. 120 Cr approx. from various Oil & Gas distribution Co.

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