NIBE Ltd
Incorporated in 2005. Nibe Ltd is in the business of manufacturing critical components for Defence, E-Vehicles and Software Development.
- Market Cap ₹ 2,310 Cr.
- Current Price ₹ 1,759
- High / Low ₹ 1,770 / 317
- Stock P/E 189
- Book Value ₹ 62.6
- Dividend Yield 0.01 %
- ROCE 15.9 %
- ROE 11.8 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company's median sales growth is 16.4% of last 10 years
- Company's working capital requirements have reduced from 386 days to 37.6 days
Cons
- Stock is trading at 28.1 times its book value
- Promoter holding has decreased over last quarter: -5.36%
- Company has a low return on equity of 7.02% 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: Aerospace & Defence Industry: Engineering
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
3 | 6 | 10 | 11 | 9 | 3 | 5 | 2 | 1 | 3 | 21 | 105 | 192 | |
3 | 5 | 9 | 11 | 8 | 3 | 5 | 2 | 2 | 2 | 19 | 93 | 170 | |
Operating Profit | 0 | 0 | 0 | 0 | 0 | 0 | -0 | -0 | -0 | 0 | 2 | 12 | 21 |
OPM % | 5% | 5% | 3% | 3% | 3% | 6% | -1% | -17% | -15% | 5% | 11% | 11% | 11% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 1 | 1 | 2 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 3 | 4 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 4 | 4 |
Profit before tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | -0 | 6 | 16 |
Tax % | 30% | 27% | 45% | 23% | 27% | 44% | 43% | 150% | -4% | 33% | -33% | 27% | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | -0 | 5 | 12 | |
EPS in Rs | 0.10 | 0.06 | 0.10 | 0.08 | 0.05 | 0.08 | 0.00 | -0.46 | 0.12 | -0.43 | 3.85 | 9.88 | |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 3% |
Compounded Sales Growth | |
---|---|
10 Years: | 34% |
5 Years: | 87% |
3 Years: | 318% |
TTM: | 277% |
Compounded Profit Growth | |
---|---|
10 Years: | 46% |
5 Years: | 157% |
3 Years: | % |
TTM: | 129% |
Stock Price CAGR | |
---|---|
10 Years: | 62% |
5 Years: | % |
3 Years: | 267% |
1 Year: | 372% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 5% |
3 Years: | 7% |
Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 1 | 3 | 3 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 12 | 12 |
Reserves | 0 | 7 | 7 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | -0 | 55 | 70 |
0 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | 11 | 31 | 30 | |
0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 19 | 59 | 49 | |
Total Liabilities | 2 | 12 | 13 | 13 | 12 | 11 | 11 | 11 | 10 | 12 | 41 | 156 | 162 |
0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 12 | 39 | 48 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 29 |
Investments | 0 | 7 | 4 | 4 | 4 | 1 | 0 | 1 | 0 | 2 | 0 | 6 | 10 |
2 | 5 | 8 | 9 | 8 | 9 | 11 | 10 | 10 | 10 | 29 | 101 | 75 | |
Total Assets | 2 | 12 | 13 | 13 | 12 | 11 | 11 | 11 | 10 | 12 | 41 | 156 | 162 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | -8 | 1 | 0 | 1 | 0 | -0 | 1 | -3 | 0 | 5 | -8 | |
0 | -2 | 0 | -1 | -0 | 2 | -0 | -1 | 3 | -1 | 1 | -62 | |
-0 | 10 | -0 | -0 | -0 | -1 | -0 | -0 | -0 | 2 | -5 | 77 | |
Net Cash Flow | -0 | 0 | 1 | -1 | -0 | 1 | -0 | -0 | -0 | 0 | 1 | 7 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 110 | 159 | 147 | 165 | 139 | 137 | 506 | 119 | 214 | 48 | 123 |
Inventory Days | 137 | 189 | 120 | 126 | 183 | 780 | 442 | 500 | 1,602 | 1,093 | 759 | 52 |
Days Payable | 33 | 17 | 38 | 48 | 44 | 33 | 8 | 0 | 5 | 4 | 265 | 19 |
Cash Conversion Cycle | 176 | 281 | 240 | 225 | 304 | 886 | 571 | 1,006 | 1,716 | 1,303 | 542 | 157 |
Working Capital Days | 128 | 239 | 231 | 241 | 299 | 736 | 539 | 1,118 | 1,708 | 1,110 | 10 | 38 |
ROCE % | 11% | 3% | 1% | 2% | 1% | 1% | 1% | -0% | 1% | 2% | 4% | 16% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Resignation of Director
18h - Resignation of Mr. Gaurav Brahmdev Thakur, Non Executive - Independent Director with effect from April 17 , 2024
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Apr - Compliance Certificate under Reg 74(5) of the SEBI (DP) Regulation, 2018 for the Quarter ended on March 31, 2024
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
11 Apr - Karmayogi Manufacturing Private Limited, a Subsidiary of the Company has received Purchase Order from Ordefence Systems Limited for assemblies, sub- assemblies and supply of 12 …
- Compliance Certificate Issued Pursuant To Regulation 7(3) Of SEBI (LODR) Regulations, 2015 For The Financial Year Ended 31St March, 2024 11 Apr
- Closure of Trading Window 28 Mar
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
Concalls
-
Nov 2022TranscriptNotesPPT
Business Overview
Company is engaged in the business of Fabrication and Machining of components used in Defence Sector as well as assembly of components of E Vehicles. It also offers strategic products and related research advancements in the E-Vehicles division and the BVM R&D Foundation. [1]