Neelkanth Ltd

Neelkanth Ltd

₹ 37.8 0.00%
28 Mar - close price
About

Incorporated in 1980, R.T. Exports Ltd is engaged in trading of agri products, mainly basmati rice

Key Points

Business Overview:[1][2]
Company does export and local trading of agro products. It procures rice from various parts of country and exports it under brand White Pearl. Company also has a warehouse facility in Bundi, which it leases to Food Corporation of India and some other clients.

  • Market Cap 16.5 Cr.
  • Current Price 37.8
  • High / Low 57.2 / 16.5
  • Stock P/E
  • Book Value 21.0
  • Dividend Yield 0.00 %
  • ROCE 2.34 %
  • ROE 0.97 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -0.37% over past five years.
  • Company has a low return on equity of -0.07% over last 3 years.
  • Company's cost of borrowing seems high
  • Working capital days have increased from 478 days to 948 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.

Peer comparison

Sector: Trading Industry: Trading

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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
0.00 2.34 0.00 0.00 0.00 5.21 0.00 2.17 1.00 0.00 0.68 2.01 2.00
0.12 2.01 0.05 0.08 0.13 4.12 0.07 1.87 0.72 0.20 0.75 1.92 1.73
Operating Profit -0.12 0.33 -0.05 -0.08 -0.13 1.09 -0.07 0.30 0.28 -0.20 -0.07 0.09 0.27
OPM % 14.10% 20.92% 13.82% 28.00% -10.29% 4.48% 13.50%
0.00 0.05 0.00 0.00 0.00 0.08 0.00 0.00 0.00 0.02 0.00 0.00 0.02
Interest 0.01 0.06 0.26 0.26 0.25 0.03 0.02 0.02 0.02 0.08 0.01 0.01 0.01
Depreciation 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03
Profit before tax -0.16 0.29 -0.34 -0.37 -0.41 1.11 -0.12 0.25 0.23 -0.29 -0.11 0.05 0.25
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 5.41% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-0.15 0.29 -0.34 -0.36 -0.41 1.05 -0.12 0.25 0.24 -0.28 -0.11 0.05 0.25
EPS in Rs -0.34 0.66 -0.77 -0.82 -0.93 2.39 -0.27 0.57 0.55 -0.64 -0.25 0.11 0.57
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
8.65 4.30 4.97 8.17 1.24 1.26 3.23 4.64 2.70 2.34 5.21 3.17 4.69
6.04 1.94 4.28 7.19 2.08 1.54 3.04 4.62 2.65 2.23 4.38 2.86 4.60
Operating Profit 2.61 2.36 0.69 0.98 -0.84 -0.28 0.19 0.02 0.05 0.11 0.83 0.31 0.09
OPM % 30.17% 54.88% 13.88% 12.00% -67.74% -22.22% 5.88% 0.43% 1.85% 4.70% 15.93% 9.78% 1.92%
0.46 -0.55 0.76 1.67 1.14 0.44 0.01 0.20 0.17 0.05 0.08 0.02 0.04
Interest 0.01 0.51 1.00 2.11 0.17 0.94 0.96 0.59 0.04 0.10 0.80 0.14 0.11
Depreciation 0.75 0.71 0.37 0.40 0.12 0.10 0.11 0.25 0.10 0.11 0.11 0.10 0.12
Profit before tax 2.31 0.59 0.08 0.14 0.01 -0.88 -0.87 -0.62 0.08 -0.05 0.00 0.09 -0.10
Tax % 70.56% 27.12% 75.00% -357.14% -7,000.00% 37.50% 31.03% 20.97% 12.50% 0.00% 0.00%
0.68 0.42 0.01 0.64 0.71 -0.55 -0.60 -0.48 0.07 -0.05 -0.06 0.09 -0.09
EPS in Rs 1.55 0.95 0.02 1.45 1.61 -1.25 -1.36 -1.09 0.16 -0.11 -0.14 0.20 -0.21
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: -3%
5 Years: 0%
3 Years: 5%
TTM: -44%
Compounded Profit Growth
10 Years: -22%
5 Years: 17%
3 Years: 22%
TTM: -106%
Stock Price CAGR
10 Years: 15%
5 Years: 40%
3 Years: 150%
1 Year: 122%
Return on Equity
10 Years: -3%
5 Years: -1%
3 Years: 0%
Last Year: 1%

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 4.36 4.36 4.36 4.36 4.36 4.36 4.36 4.36 4.36 4.36 4.36 4.36 4.36
Reserves 6.90 7.37 7.38 7.35 4.50 5.93 5.35 4.88 4.95 4.90 4.84 4.93 4.87
Preference Capital 14.95 14.95 14.95 14.95 14.95 0.00 0.00 0.00 0.00 0.00 0.00 0.00
1.69 12.05 18.78 20.60 5.22 17.80 14.38 15.12 15.67 15.56 0.62 0.57 0.62
17.94 22.04 18.62 17.30 18.83 3.55 1.29 0.54 0.47 0.50 2.73 0.22 0.16
Total Liabilities 30.89 45.82 49.14 49.61 32.91 31.64 25.38 24.90 25.45 25.32 12.55 10.08 10.01
5.60 7.47 16.26 15.66 1.54 1.45 1.33 1.07 1.54 1.43 1.32 1.23 1.18
CWIP 1.05 3.85 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
24.23 34.49 32.87 33.95 31.37 30.19 24.05 23.83 23.91 23.89 11.23 8.85 8.83
Total Assets 30.89 45.82 49.14 49.61 32.91 31.64 25.38 24.90 25.45 25.32 12.55 10.08 10.01

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
2.75 7.97 -2.38 0.04 3.18 -0.44 -1.72 -0.37 0.07 0.24 15.96 -0.12
-1.28 -5.98 -4.95 0.03 10.78 1.41 6.00 0.21 -0.58 0.00 0.01 -0.01
1.05 -3.43 6.24 0.21 -14.22 -0.88 -4.40 0.16 0.51 -0.18 -15.68 -0.11
Net Cash Flow 2.52 -1.44 -1.09 0.27 -0.26 0.10 -0.12 -0.01 0.00 0.06 0.28 -0.25

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 73.84 9.34 5.88 53.61 73.59 75.32 32.77 6.29 17.57 9.36 243.80 0.00
Inventory Days 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 752.62
Days Payable 9.05
Cash Conversion Cycle 73.84 9.34 5.88 53.61 73.59 75.32 32.77 6.29 17.57 9.36 243.80 743.57
Working Capital Days 41.35 88.28 289.36 130.01 -771.21 -805.32 -92.66 -31.47 -39.20 -65.51 551.35 947.62
ROCE % 8.47% 6.21% 2.30% 2.61% -1.60% -0.88% 0.34% -0.91% 0.41% 0.20% 4.62% 2.34%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
66.16% 66.16% 66.16% 66.16% 66.16% 66.16% 66.17% 70.81% 70.81% 70.81% 70.81% 70.81%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
33.82% 33.82% 33.82% 33.82% 33.82% 33.82% 33.82% 29.18% 29.18% 29.18% 29.18% 29.18%
No. of Shareholders 2,1882,1802,1882,2092,1982,1972,1962,3312,3732,3472,2962,264

* 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.

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