Novateor Research Laboratories Ltd
Incorporated in 2011, Novateor Research Laboratories Ltd develops personal care products[1]
- Market Cap ₹ 17.6 Cr.
- Current Price ₹ 36.4
- High / Low ₹ 47.0 / 17.5
- Stock P/E 440
- Book Value ₹ 16.3
- Dividend Yield 0.00 %
- ROCE 0.83 %
- ROE 0.51 %
- Face Value ₹ 10.0
Pros
Cons
- Company has a low return on equity of 1.18% over last 3 years.
- Company has high debtors of 203 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: FMCG Industry: Personal Care - Indian
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.03 | 0.02 | 0.10 | 0.14 | 0.09 | 0.41 | 0.39 | 0.19 | 0.74 | 1.26 | 0.80 | |
0.00 | 0.03 | 0.02 | 0.11 | 0.08 | 0.04 | 0.13 | 0.53 | 0.52 | 0.92 | 1.59 | 1.11 | |
Operating Profit | 0.00 | 0.00 | 0.00 | -0.01 | 0.06 | 0.05 | 0.28 | -0.14 | -0.33 | -0.18 | -0.33 | -0.31 |
OPM % | 0.00% | 0.00% | -10.00% | 42.86% | 55.56% | 68.29% | -35.90% | -173.68% | -24.32% | -26.19% | -38.75% | |
0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.03 | 0.11 | 0.27 | 0.44 | 0.01 | 0.49 | 0.49 | |
Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.01 | 0.00 | 0.00 | 0.03 | 0.05 |
Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | 0.07 | 0.10 | 0.10 | 0.10 | 0.09 | 0.09 | 0.08 |
Profit before tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.29 | 0.02 | 0.01 | -0.26 | 0.04 | 0.05 |
Tax % | 24.14% | 150.00% | 0.00% | 11.54% | 0.00% | |||||||
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.22 | -0.01 | 0.01 | -0.23 | 0.04 | 0.04 | |
EPS in Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.74 | -0.02 | 0.02 | -0.48 | 0.08 | 0.08 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 70% |
3 Years: | 48% |
TTM: | -38% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 82% |
TTM: | -69% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 78% |
1 Year: | 74% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 1% |
3 Years: | 1% |
Last Year: | 1% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 2.96 | 4.83 | 4.83 | 4.83 | 4.83 | 4.83 |
Reserves | 0.71 | 0.88 | 0.88 | 0.88 | 0.88 | 0.88 | 1.11 | 3.73 | 3.74 | 3.01 | 3.05 | 3.05 |
0.00 | 0.59 | 0.75 | 0.76 | 0.87 | 0.82 | 0.01 | 0.00 | 0.24 | 0.24 | 0.86 | 1.09 | |
0.03 | 0.00 | 0.11 | 0.15 | 0.10 | 0.09 | 0.24 | 0.23 | 0.17 | 0.06 | 0.16 | 0.42 | |
Total Liabilities | 0.78 | 1.52 | 1.79 | 1.84 | 1.90 | 1.84 | 4.32 | 8.79 | 8.98 | 8.14 | 8.90 | 9.39 |
0.76 | 1.41 | 1.59 | 1.64 | 1.66 | 1.59 | 3.55 | 3.45 | 3.36 | 1.94 | 2.21 | 2.19 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
0.02 | 0.10 | 0.19 | 0.19 | 0.23 | 0.24 | 0.76 | 5.33 | 5.61 | 6.19 | 6.68 | 7.19 | |
Total Assets | 0.78 | 1.52 | 1.79 | 1.84 | 1.90 | 1.84 | 4.32 | 8.79 | 8.98 | 8.14 | 8.90 | 9.39 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.05 | -0.07 | -3.42 | -0.27 | -0.97 | -0.50 | |
0.00 | 0.00 | 0.00 | 0.00 | -0.01 | 0.00 | -1.96 | -0.10 | -0.09 | 0.91 | -0.18 | |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.03 | 2.03 | 4.18 | 0.32 | -0.13 | 0.42 | |
Net Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | -0.01 | 0.02 | 0.00 | 0.67 | -0.04 | -0.18 | -0.25 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 365.00 | 365.00 | 219.00 | 182.50 | 243.33 | 133.54 | 233.97 | 384.21 | 212.09 | 202.78 | |
Inventory Days | 2,190.00 | 4,380.00 | 438.00 | 1,460.00 | 2,737.50 | 6,448.33 | 700.80 | 851.67 | 344.34 | 212.92 | |
Days Payable | 365.00 | 1,460.00 | 292.00 | 730.00 | 1,095.00 | 1,460.00 | 14.60 | 104.29 | 20.66 | 68.44 | |
Cash Conversion Cycle | 2,190.00 | 3,285.00 | 365.00 | 912.50 | 1,885.83 | 5,121.87 | 920.17 | 1,131.59 | 535.77 | 347.26 | |
Working Capital Days | 973.33 | 1,277.50 | 109.50 | 365.00 | 527.22 | 462.93 | 4,117.95 | 9,067.37 | 2,747.36 | 1,813.41 | |
ROCE % | 0.00% | 0.00% | 0.57% | 0.56% | 9.95% | 0.47% | 0.12% | 2.49% | 0.83% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
20h - Appointment of M/s H K Shah, Chartered Accountants & CO as Statutory Auditor of the company with effect from April 22, 2024 to ensuing General …
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Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors
17 Apr - With respect to Intimation given for resignation of Statutory Auditors of the company
-
Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors
11 Apr - With reference to Intimation given on April 02, 2024; herewith attached the Intimation for Resignation of Statutory Auditor.
- Compliance Certificate Under Regulation 7(3) Of SEBI(LODR) Regulations, 2015 For The Year Ended On March, 2024 9 Apr
-
PCS Certificate Under Regulation 40(10) Of SEBI (LODR) Regulations, 2015
9 Apr - PCS Certificate under Regulation 40(10) of SEBI (LODR) Regulations, 2015 for the year April 1, 2023 to March 31, 2024
Business Overview:[1]
Company manufactures Teeth Whitening products which are sold under brand name SmiloShine. It manufactures ~3 variants of Strips, Toothpaste and tongue cleaner which are approved by FDCA. Company intends to expand its business in cosmetics and healthcare products. Company’s customer base consists of Dentists and Cosmetic Parlors