Niraj Ispat Industries Ltd

Niraj Ispat Ind. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Niraj Ispat Industries Ltd

₹ 191 4.99%
14 Mar 2024
Company website NSE - BE : NIRAJISPAT
About

Niraj Ispat Industries is engaged in the business of manufacturing of Polyester Buttons.

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Website NSE - BE
  • Market Cap ₹ 11.5 Cr.
  • Current Price ₹ 191
  • High / Low ₹ 191 / 182
  • Stock P/E 12.0
  • Book Value ₹
  • Dividend Yield 0.00 %
  • ROCE 17.6 %
  • ROE 14.8 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • The company has delivered a poor sales growth of -3.10% over past five years.
  • Company has a low return on equity of 8.93% over last 3 years.
  • Earnings include an other income of Rs.0.85 Cr.

* 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: Plastic products Industry: Plastics Products

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0.98 1.43 0.86 1.36 1.42 1.23 1.57 1.81 1.22 0.97 0.97 0.96 0.66
0.92 1.32 0.71 1.07 1.23 1.09 1.03 1.33 0.74 0.76 0.86 0.79 0.53
Operating Profit 0.06 0.11 0.15 0.29 0.19 0.14 0.54 0.48 0.48 0.21 0.11 0.17 0.13
OPM % 6.12% 7.69% 17.44% 21.32% 13.38% 11.38% 34.39% 26.52% 39.34% 21.65% 11.34% 17.71% 19.70%
0.14 0.06 0.14 0.14 0.14 0.04 0.14 0.15 0.16 0.25 0.20 0.20 0.20
Interest 0.01 0.01 0.02 0.01 0.01 0.02 -0.00 -0.00 -0.00 0.01 -0.00 -0.00 -0.00
Depreciation 0.07 0.07 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04
Profit before tax 0.12 0.09 0.23 0.38 0.28 0.12 0.64 0.59 0.60 0.41 0.27 0.33 0.29
Tax % 25.00% 33.33% 26.09% 26.32% 25.00% 25.00% 25.00% 25.42% 25.00% 24.39% 25.93% 30.30% 27.59%
0.09 0.06 0.17 0.29 0.20 0.09 0.48 0.44 0.45 0.31 0.20 0.23 0.22
EPS in Rs 1.50 1.00 2.83 4.83 3.33 1.50 8.00 7.33 7.50 5.17 3.33 3.83 3.67
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
3.34 4.12 6.74 6.83 7.05 6.52 5.96 5.00 3.56 4.87 5.57 3.56
2.70 3.36 5.45 5.43 5.51 5.32 5.04 4.38 3.26 4.09 3.86 2.94
Operating Profit 0.64 0.76 1.29 1.40 1.54 1.20 0.92 0.62 0.30 0.78 1.71 0.62
OPM % 19.16% 18.45% 19.14% 20.50% 21.84% 18.40% 15.44% 12.40% 8.43% 16.02% 30.70% 17.42%
0.56 0.36 0.40 0.52 0.73 0.62 0.48 0.60 0.49 0.46 0.70 0.85
Interest 0.37 0.41 0.34 0.31 0.36 0.24 0.25 0.14 0.05 0.06 0.01 0.01
Depreciation 0.40 0.38 0.31 0.24 0.30 0.31 0.30 0.30 0.29 0.17 0.17 0.16
Profit before tax 0.43 0.33 1.04 1.37 1.61 1.27 0.85 0.78 0.45 1.01 2.23 1.30
Tax % 25.58% 30.30% 29.81% 29.93% 31.06% 24.41% 22.35% 30.77% 24.44% 25.74% 25.11%
0.32 0.23 0.72 0.96 1.11 0.96 0.66 0.52 0.35 0.75 1.67 0.96
EPS in Rs 18.50 16.00 11.00 8.67 5.83 12.50 27.83 16.00
Dividend Payout % -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00%
Compounded Sales Growth
10 Years: 3%
5 Years: -3%
3 Years: 4%
TTM: -39%
Compounded Profit Growth
10 Years: 22%
5 Years: 12%
3 Years: 48%
TTM: -34%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 8%
3 Years: 9%
Last Year: 15%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0.60 0.60 0.60 0.60 0.60 0.60 0.60 0.60 0.60 0.60 0.60 0.60
Reserves 3.33 3.56 4.58 5.54 6.65 7.61 8.27 8.79 9.14 9.89 11.56 11.99
3.68 3.17 6.08 7.09 6.07 6.50 6.31 3.47 3.07 1.37 1.38 1.00
1.31 1.40 1.71 2.43 2.56 1.77 1.12 1.24 1.36 2.20 1.35 1.10
Total Liabilities 8.92 8.73 12.97 15.66 15.88 16.48 16.30 14.10 14.17 14.06 14.89 14.69
2.51 2.13 1.86 2.65 2.85 2.54 2.36 2.05 1.80 1.65 1.48 1.38
CWIP -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00
Investments 0.02 0.02 0.02 0.02 0.23 0.23 0.23 0.23 0.23 0.23 0.24 0.24
6.39 6.58 11.09 12.99 12.80 13.71 13.71 11.82 12.14 12.18 13.17 13.07
Total Assets 8.92 8.73 12.97 15.66 15.88 16.48 16.30 14.10 14.17 14.06 14.89 14.69

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0.22 1.01 -0.53 0.10 2.33 0.06 1.23 -0.73
-0.50 -0.00 0.44 0.36 0.60 0.45 0.44 0.69
0.70 -1.38 0.18 -0.44 -2.97 -0.45 -1.76 -0.00
Net Cash Flow -0.02 -0.37 0.09 0.02 -0.05 0.05 -0.09 -0.05

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 92.89 94.79 38.45 58.78 29.51 45.90 60.02 44.53 69.72 62.21 48.49
Inventory Days 342.82 247.53 17.99 51.69 34.90 23.55 11.03 34.09 43.37 31.25 30.42
Days Payable 195.61 152.43 99.39 190.94 149.96 98.12 56.24 98.00 159.01 201.25 128.28
Cash Conversion Cycle 240.10 189.89 -42.95 -80.46 -85.55 -28.66 14.81 -19.38 -45.92 -107.79 -49.37
Working Capital Days 556.24 453.59 476.56 531.73 518.25 668.98 769.81 774.53 1,100.13 750.24 778.49
ROCE % 9.91% 13.23% 14.84% 10.77% 7.36% 6.56% 3.90% 8.67% 17.64%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.59% 74.59% 74.59% 74.59% 74.59% 74.59% 74.58% 74.58% 74.58% 74.58% 74.58% 74.58%
25.42% 25.42% 25.42% 25.42% 25.42% 25.42% 25.42% 25.42% 25.42% 25.42% 25.42% 25.42%
No. of Shareholders 516516516516514514514514514514514515

Documents

Announcements

Annual reports