Nanavati Ventures Ltd

Nanavati Ventures Ltd

₹ 49.5 0.79%
14 May - close price
About

Incorporated in 2010, Nanavati Ventures Ltd trades Precious Metals, Stones and Jewelry[1]

Key Points

Business Overview:[1]
Company does wholesale trading of Precious Metals, Stones & Jewelry. Its operations includes procurement of rough and unpolished diamonds in various colours, cuts, sizes and shapes and does processing and polishing is done by skilled workers on job-work basis. It then sells diamonds to a customer base spread across domestic markets that includes various jewelry manufacturers, large department store chains, retail stores and wholesalers

  • Market Cap 23.1 Cr.
  • Current Price 49.5
  • High / Low 63.6 / 35.2
  • Stock P/E
  • Book Value 46.4
  • Dividend Yield 0.00 %
  • ROCE 3.83 %
  • ROE 2.73 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 1.07 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 1.99% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Trading Industry: Trading

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Half Yearly Results

Figures in Rs. Crores

Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023
7.14 6.73 12.01 11.02 4.97 11.51
7.25 6.69 12.08 10.78 4.99 11.89
Operating Profit -0.11 0.04 -0.07 0.24 -0.02 -0.38
OPM % -1.54% 0.59% -0.58% 2.18% -0.40% -3.30%
0.08 0.07 0.00 -0.12 0.03 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.01 0.01 0.01 0.01 0.01 0.01
Profit before tax -0.04 0.10 -0.08 0.11 0.00 -0.39
Tax % -100.00% 0.00% -12.50% 27.27% 0.00%
-0.07 0.10 -0.09 0.09 0.00 -0.39
EPS in Rs -0.58 0.83 -0.74 0.55 0.00 -0.84
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
0.73 1.08 0.55 5.95 11.24 18.74 15.99 16.48
0.73 1.08 0.55 5.87 11.15 18.77 15.76 16.88
Operating Profit 0.00 0.00 0.00 0.08 0.09 -0.03 0.23 -0.40
OPM % 0.00% 0.00% 0.00% 1.34% 0.80% -0.16% 1.44% -2.43%
0.00 0.00 0.00 0.00 0.08 0.07 -0.10 0.03
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.01 0.02 0.01 0.02
Profit before tax 0.00 0.00 0.00 0.08 0.16 0.02 0.12 -0.39
Tax % 37.50% 25.00% 50.00% 25.00%
0.00 0.00 0.00 0.05 0.12 0.01 0.09 -0.39
EPS in Rs 0.00 0.00 0.00 50.00 0.99 0.08 0.55 -0.84
Dividend Payout % 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 71%
3 Years: 39%
TTM: -28%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 59%
TTM: -425%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 10%
Return on Equity
10 Years: %
5 Years: %
3 Years: 2%
Last Year: 3%

Balance Sheet

Figures in Rs. Crores

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0.01 0.01 0.01 0.01 1.21 1.21 1.65 4.67
Reserves -0.01 -0.01 -0.01 0.04 4.96 4.97 6.81 17.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.88 0.12 1.87 2.82 0.46 11.53 0.13 4.86
Total Liabilities 0.88 0.12 1.87 2.87 6.63 17.71 8.59 26.53
0.00 0.00 0.00 0.02 0.04 0.04 0.03 0.25
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.88 0.12 1.87 2.85 6.59 17.67 8.56 26.28
Total Assets 0.88 0.12 1.87 2.87 6.63 17.71 8.59 26.53

Cash Flows

Figures in Rs. Crores

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.00 0.28 -6.16 0.12 -2.22
0.00 -0.02 -0.03 -0.02 0.00
0.00 0.00 6.00 0.00 2.19
Net Cash Flow 0.00 0.26 -0.19 0.10 -0.03

Ratios

Figures in Rs. Crores

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 0.00 0.00 0.00 158.88 93.20 267.42 7.30
Inventory Days 435.97 30.99 1,250.46 0.00 0.00 55.32 165.82
Days Payable 446.11 41.32 1,263.98 226.81 1.18
Cash Conversion Cycle -10.14 -10.33 -13.52 158.88 93.20 95.92 171.94
Working Capital Days -10.00 -10.14 -13.27 -14.11 196.79 116.28 189.23
ROCE % 320.00% 5.14% 0.32% 3.83%

Shareholding Pattern

Numbers in percentages

12 Recently
May 2022Sep 2022Mar 2023Sep 2023Mar 2024
52.13% 52.13% 52.13% 51.69% 51.69%
47.87% 47.86% 47.87% 48.32% 48.31%
No. of Shareholders 129107109102127

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