Nilachal Refractories Ltd

Nilachal Refractories Ltd

₹ 62.0 -4.99%
28 Mar - close price
About

Incorporated in 1977, Nilachal Refractories
Ltd is in the business of Refractories items[1]

Key Points

Product profile:
a) Bricks & Shapes:[1]
Fireclay Bricks, Alumina Bricks, High Alumina Bricks, Tar Impregnated and tempered Bricks, Mullite Bricks
b) Monolithics:[2]
Regular Dense Castables, Medium Cement
Dense Castables, Cement Dense Castables, Self-flowing Castables, Pumpable and shotcreteing Castables, Regular & Low Cement Gunning Mixes, Low Cement Gunning Mixes, Plastic and ramming Mixes

  • Market Cap 126 Cr.
  • Current Price 62.0
  • High / Low 112 / 29.6
  • Stock P/E
  • Book Value 0.14
  • Dividend Yield 0.00 %
  • ROCE -4.36 %
  • ROE -123 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 436 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -10.4% over past five years.
  • Company has a low return on equity of -60.4% over last 3 years.
  • Company might be capitalizing the interest cost
  • Company has high debtors of 1,112 days.

* 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.

Loading peers table ...

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
1.17 0.19 0.32 0.80 0.09 0.78 0.21 0.41 0.17 0.26 0.41 0.27 0.18
1.27 0.33 0.58 0.72 0.30 1.02 0.53 0.75 0.37 0.54 0.54 0.44 0.36
Operating Profit -0.10 -0.14 -0.26 0.08 -0.21 -0.24 -0.32 -0.34 -0.20 -0.28 -0.13 -0.17 -0.18
OPM % -8.55% -73.68% -81.25% 10.00% -233.33% -30.77% -152.38% -82.93% -117.65% -107.69% -31.71% -62.96% -100.00%
0.00 0.02 0.00 0.02 0.01 0.00 0.01 0.00 0.00 0.03 0.01 0.00 0.02
Interest 0.00 0.27 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.69 0.00 0.00 0.00 0.69 0.00 0.00 0.00 0.65 0.00 0.00 0.00
Profit before tax -0.10 -1.08 -0.26 0.10 -0.20 -0.93 -0.31 -0.34 -0.20 -0.90 -0.12 -0.17 -0.16
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% -39.78% 0.00% 0.00% 0.00% 12.22% 0.00% 0.00% 0.00%
-0.10 -1.08 -0.26 0.10 -0.20 -1.30 -0.31 -0.34 -0.20 -0.80 -0.12 -0.17 -0.16
EPS in Rs -0.05 -0.53 -0.13 0.05 -0.10 -0.64 -0.15 -0.17 -0.10 -0.39 -0.06 -0.08 -0.08
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
36.25 27.19 9.68 0.83 0.47 2.31 1.83 1.91 1.53 1.79 1.98 1.06 1.12
34.68 26.40 13.84 1.94 2.35 3.89 3.29 4.52 3.26 2.97 2.62 2.34 1.88
Operating Profit 1.57 0.79 -4.16 -1.11 -1.88 -1.58 -1.46 -2.61 -1.73 -1.18 -0.64 -1.28 -0.76
OPM % 4.33% 2.91% -42.98% -133.73% -400.00% -68.40% -79.78% -136.65% -113.07% -65.92% -32.32% -120.75% -67.86%
0.92 0.13 0.18 0.12 0.29 1.57 1.45 1.68 0.89 0.02 0.04 0.03 0.06
Interest 1.34 1.39 1.47 2.18 1.75 1.13 0.48 0.01 0.52 0.27 0.00 0.00 0.00
Depreciation 0.23 0.28 0.61 0.00 0.00 0.72 0.72 0.70 0.70 0.69 0.69 0.65 0.65
Profit before tax 0.92 -0.75 -6.06 -3.17 -3.34 -1.86 -1.21 -1.64 -2.06 -2.12 -1.29 -1.90 -1.35
Tax % -107.61% 28.00% 9.74% 38.49% -42.22% 133.87% -36.36% -0.61% 28.16% -20.28% -28.68% 5.79%
1.90 -0.54 -5.47 -1.95 -4.75 0.62 -1.65 -1.65 -1.48 -2.55 -1.66 -1.79 -1.25
EPS in Rs -0.27 -2.69 -0.96 -2.33 0.30 -0.81 -0.81 -0.73 -1.25 -0.82 -0.88 -0.61
Dividend Payout % 0.00% 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: -28%
5 Years: -10%
3 Years: -12%
TTM: -29%
Compounded Profit Growth
10 Years: %
5 Years: -2%
3 Years: -8%
TTM: 42%
Stock Price CAGR
10 Years: -5%
5 Years: 4%
3 Years: 41%
1 Year: 73%
Return on Equity
10 Years: -23%
5 Years: -35%
3 Years: -60%
Last Year: -123%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 6.86 20.36 20.36 20.36 20.36 20.36 20.36 20.36 20.36 20.36 20.36 20.36 20.36
Reserves -9.76 3.20 -2.27 -4.21 -8.97 -9.00 -10.65 -12.30 -13.78 -16.33 -17.99 -19.79 -20.07
Preference Capital 10.05 10.05 19.37 19.37 19.37 28.37 28.37 28.37 28.37 28.37 28.37 28.37
45.47 21.69 14.72 19.13 20.99 13.58 14.05 14.06 14.03 14.30 14.09 14.22 14.22
23.89 26.83 33.60 31.81 32.02 38.53 35.50 32.90 33.16 33.43 34.34 35.16 35.81
Total Liabilities 66.46 72.08 66.41 67.09 64.40 63.47 59.26 55.02 53.77 51.76 50.80 49.95 50.32
2.65 10.51 9.90 9.90 9.90 8.53 7.76 7.07 6.37 5.68 5.00 4.35 4.35
CWIP 34.31 29.81 31.47 31.47 31.47 31.47 31.47 31.47 31.47 31.47 31.47 31.47 31.47
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
29.50 31.76 25.04 25.72 23.03 23.47 20.03 16.48 15.93 14.61 14.33 14.13 14.50
Total Assets 66.46 72.08 66.41 67.09 64.40 63.47 59.26 55.02 53.77 51.76 50.80 49.95 50.32

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
14.73 1.85 -0.04 -2.32 -0.17 -0.38 -0.08 0.09 0.39 -0.06 0.33 -0.30
-26.00 -3.55 -1.62 0.04 0.02 0.02 0.04 0.00 0.01 0.01 0.01 0.04
10.10 1.96 0.88 2.29 0.11 0.48 0.00 0.01 -0.55 0.00 -0.22 0.13
Net Cash Flow -1.17 0.26 -0.78 0.01 -0.04 0.13 -0.04 0.10 -0.16 -0.05 0.12 -0.13

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 88.30 73.16 198.71 2,106.45 3,114.15 663.64 418.85 424.24 565.39 420.06 479.29 1,112.22
Inventory Days 231.14 456.36 715.68 27,490.26 13,389.74 1,825.00 2,117.00 964.82 1,707.50 1,659.82 2,439.06 3,415.85
Days Payable 164.05 276.31 445.01 16,732.37 8,318.16 1,120.06 935.19 279.83 587.50 714.01 1,292.53 2,196.89
Cash Conversion Cycle 155.39 253.22 469.38 12,864.34 8,185.73 1,368.57 1,600.66 1,109.22 1,685.39 1,365.86 1,625.82 2,331.18
Working Capital Days 115.89 140.28 238.68 3,355.36 4,783.83 1,023.90 1,306.42 1,192.46 1,199.97 799.33 556.72 699.01
ROCE % 4.91% 1.19% -8.54% -1.85% -3.38% -1.39% -1.33% -3.18% -3.10% -3.87% -2.82% -4.36%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
70.61% 70.61% 70.61% 70.61% 70.61% 70.61% 70.61% 70.61% 70.61% 70.61% 70.61% 70.61%
0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.00% 0.00% 0.07% 0.07% 0.07% 0.07%
29.14% 29.14% 29.14% 29.14% 29.14% 29.14% 29.39% 29.39% 29.32% 29.32% 29.32% 29.30%
No. of Shareholders 3,0373,0343,0333,0343,0453,0454,1484,1584,1214,1084,0694,117

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents