Nicco Parks & Resorts Ltd

Nicco Parks & Resorts Ltd

₹ 139 1.61%
22 Apr - close price
About

Incorporated in 1989, Nicco Parks
& Resorts Ltd operates theme based
parks[1]

Key Points

Comapny Formation Details[1][2][3]
NPRL was formed as a joint-sector company
with Nicco Corporation and the Government
of West Bengal, and represented by West
Bengal Industrial Development Corporation (WBIDC) and West Bengal Tourism Development Corporation Limited (WBTDC) with technical advice from Blackpool Leisure and Amusement Consultancy Ltd, UK.

  • Market Cap 649 Cr.
  • Current Price 139
  • High / Low 176 / 106
  • Stock P/E 27.7
  • Book Value 18.5
  • Dividend Yield 1.19 %
  • ROCE 48.8 %
  • ROE 34.2 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 24.0% CAGR over last 5 years

Cons

  • Stock is trading at 7.50 times its book value
  • The company has delivered a poor sales growth of 10.3% over past five years.
  • Company has a low return on equity of 13.8% 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
4.36 11.53 2.16 3.93 14.34 10.92 24.83 14.86 18.04 18.89 26.77 16.69 17.56
4.84 7.62 4.47 4.90 8.50 7.67 11.52 9.40 11.26 14.96 13.30 11.99 13.01
Operating Profit -0.48 3.91 -2.31 -0.97 5.84 3.25 13.31 5.46 6.78 3.93 13.47 4.70 4.55
OPM % -11.01% 33.91% -106.94% -24.68% 40.73% 29.76% 53.60% 36.74% 37.58% 20.80% 50.32% 28.16% 25.91%
0.45 0.29 0.23 0.41 1.24 0.49 1.25 0.90 1.75 1.59 2.20 2.27 1.96
Interest 0.12 0.12 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.05 0.00 0.00 0.00
Depreciation 0.63 0.51 0.65 0.64 0.65 0.60 0.56 0.54 0.54 0.59 0.62 0.62 0.68
Profit before tax -0.78 3.57 -2.81 -1.28 6.35 3.06 13.92 5.74 7.91 4.88 15.05 6.35 5.83
Tax % 23.08% 15.41% 17.08% 63.28% 25.20% 33.99% 40.59% 6.97% 33.25% 25.20% 27.91% 25.04% 27.96%
-0.64 3.29 -1.64 -0.36 4.86 2.02 8.27 5.34 5.28 3.65 10.85 4.76 4.21
EPS in Rs -0.14 0.70 -0.35 -0.08 1.04 0.43 1.77 1.14 1.13 0.78 2.32 1.02 0.90
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
43 43 45 47 55 55 18 31 77 80
36 35 36 37 44 44 22 26 47 53
Operating Profit 7 8 9 10 11 11 -4 6 30 27
OPM % 17% 18% 20% 20% 20% 19% -23% 19% 39% 33%
2 2 2 2 2 1 3 3 5 8
Interest 0 0 1 0 0 0 1 0 0 0
Depreciation 1 1 2 2 2 2 2 3 2 3
Profit before tax 7 7 8 9 11 9 -4 6 32 32
Tax % 34% 34% 33% 29% 26% 24% 21% 22% 31%
5 6 7 8 9 7 -4 5 23 23
EPS in Rs 1.13 1.20 1.45 1.66 2.00 1.59 -0.75 1.04 4.82 5.02
Dividend Payout % 26% 25% 21% 9% 40% 38% 0% 0% 34%
Compounded Sales Growth
10 Years: %
5 Years: 10%
3 Years: 12%
TTM: 16%
Compounded Profit Growth
10 Years: %
5 Years: 24%
3 Years: 46%
TTM: 12%
Stock Price CAGR
10 Years: 27%
5 Years: 39%
3 Years: 48%
1 Year: 21%
Return on Equity
10 Years: %
5 Years: 15%
3 Years: 14%
Last Year: 34%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 5 5 5 5 5 5 5 5 5 5
Reserves 23 27 36 42 47 50 47 52 70 82
4 4 3 3 2 2 3 3 0 0
13 14 12 14 16 19 14 15 23 29
Total Liabilities 45 50 56 63 70 75 68 74 99 116
14 18 23 23 24 29 27 24 24 24
CWIP 0 0 0 0 0 0 0 0 0 1
Investments 9 10 15 24 27 29 26 30 39 42
21 22 18 16 19 17 16 21 36 50
Total Assets 45 50 56 63 70 75 68 74 99 116

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
8 7 6 8 10 7 -3 6 27
-8 -4 -3 -6 -5 -3 6 -5 -19
-1 -3 -3 -3 -5 -5 -2 -0 -6
Net Cash Flow -0 0 -0 -0 0 -0 0 1 2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 14 18 11 13 13 10 12 12 6
Inventory Days 102 81 71 102 62 71 312 126 47
Days Payable 467 491 350 348 362 184 1,060 472 363
Cash Conversion Cycle -351 -392 -267 -233 -287 -102 -735 -334 -309
Working Capital Days -67 -74 -55 -57 -59 -54 -155 -79 -55
ROCE % 24% 22% 20% 21% 17% -7% 12% 49%

Shareholding Pattern

Numbers in percentages

9 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
65.42% 66.08% 66.37% 66.59% 66.77% 68.11% 68.30% 68.36% 68.37% 68.42% 68.43% 68.56%
0.00% 0.00% 0.77% 0.77% 0.77% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
34.58% 33.92% 32.85% 32.64% 32.46% 31.88% 31.68% 31.62% 31.62% 31.56% 31.55% 31.43%
No. of Shareholders 9,1338,9188,8158,7848,7018,9918,7588,7999,6609,6929,7659,929

* 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.

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