NIBE Ltd

NIBE Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

NIBE Ltd

₹ 1,759 5.00%
18 Apr 12:53 p.m.
nibelimited.com BSE: 535136
About

Incorporated in 2005. Nibe Ltd is in the business of manufacturing critical components for Defence, E-Vehicles and Software Development.

Key Points

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]

Website BSE
  • 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
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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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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 2.51 1.99 3.32 7.77 8.17 10.29 17.22 15.18 62.27 25.75 41.18 62.69
0.09 2.16 1.83 4.44 9.70 5.00 9.66 13.48 12.40 57.53 22.14 35.25 55.57
Operating Profit -0.09 0.35 0.16 -1.12 -1.93 3.17 0.63 3.74 2.78 4.74 3.61 5.93 7.12
OPM % 13.94% 8.04% -33.73% -24.84% 38.80% 6.12% 21.72% 18.31% 7.61% 14.02% 14.40% 11.36%
0.00 0.02 0.04 0.01 0.00 1.18 0.02 0.60 0.27 0.26 0.23 0.39 1.49
Interest 0.00 0.00 0.00 0.01 0.00 0.27 0.31 1.12 0.90 0.93 0.87 0.92 1.00
Depreciation 0.00 0.00 0.02 0.07 0.11 0.81 0.11 1.54 0.88 0.98 1.04 1.05 1.15
Profit before tax -0.09 0.37 0.18 -1.19 -2.04 3.27 0.23 1.68 1.27 3.09 1.93 4.35 6.46
Tax % 0.00% 16.22% 22.22% 3.36% -0.49% 3.98% 17.39% 34.52% 26.77% 23.62% 32.12% 22.76% 19.35%
-0.09 0.31 0.14 -1.15 -2.05 3.13 0.20 1.09 0.93 2.35 1.31 3.36 5.21
EPS in Rs -0.09 0.30 0.13 -1.10 -1.97 3.00 0.19 1.05 0.89 1.98 1.10 2.83 3.97
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
62.64% 62.85% 62.85% 62.85% 62.85% 62.97% 62.97% 55.32% 55.32% 55.32% 49.96% 49.96%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.42% 2.04% 3.88% 10.43% 11.03%
0.00% 0.00% 0.00% 0.00% 0.00% 0.91% 0.99% 1.63% 1.23% 0.87% 0.78% 0.78%
37.36% 37.15% 37.15% 37.15% 37.15% 36.13% 36.04% 41.63% 41.40% 39.91% 38.83% 38.23%
No. of Shareholders 6591,6611,5971,4201,3222,3403,0624,1514,8545,4217,27616,238

* 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

Announcements

Annual reports

Concalls

  • Nov 2022
    Transcript
    Notes
    PPT