Supreme Infrastructure India Ltd

Supreme Infrastructure India Ltd has a highly leveraged capital structure, with total liabilities of INR 89,023.42 million and total equity of INR -62,319.54 million, resulting in a negative debt-to-equity ratio of -1.4. The company's liquidity position is weak, with cash and equivalents of INR 23.53 million and a current ratio of 0.11, indicating significant short-term liquidity risk. Profitability metrics show a stark contrast to industry norms, with a net loss of INR 14,263.15 million and an operating loss of INR 4,755.14 million. The return on equity is 22.89%, but this is misleading due to the negative equity base. The return on assets is -5.34%, which is significantly below the industry median for construction and engineering firms. The company's revenue is concentrated in two segments: Engineering and Construction, and Road Infrastructure. According to disclosed segments, these represent the primary sources of income, with no material geographic diversification reported. The company's operations are primarily within India, with no significant international revenue disclosed. Growth trajectory is negative, with a net loss of INR 14,263.15 million and a free cash flow of INR -14,241.38 million. The company's capital expenditure of INR -38.84 million indicates minimal investment in new projects, which is inconsistent with the capital-intensive nature of the construction and engineering industry. The risk assessment highlights significant liquidity and solvency concerns, with a medium liquidity risk and a negative net cash position after subtracting total debt. The dilution risk is low, but the company's negative equity and high leverage increase the potential for future dilution through debt restructuring or equity issuance. Recent events include the filing of the 10-K for the fiscal year ending March 31, 2023, which discloses the company's financial distress and operational challenges. No recent earnings call transcripts or material events were reported in the provided data.