Nagreeka Exports Ltd

Nagreeka Exports Ltd

₹ 32.4 1.44%
24 Jun - close price
About

Incorporated in 1989, Nagreeka Exports Ltd is engaged in the manufacturing, trading and export of cotton yarn and other various merchandise.

Key Points

Product Profile:[1]
a) 100% Cotton Yarns: Combed, Carded, Open End, TFO Doubled, Compact Yarns
b) Specialty Yarns: Organic Yarn, Slub Yarns, Organic Slub Yarns, Normal & Reverse Twists Yarns, Core Spun Yarns, Chenille Yarns, Dyed / Gassed / Mercerized Yarns, High Twist Yarns, Viscose Yarns – O.E. / Ring Spun, Polyester Spun Yarns, Poly Viscose Blends, Polyester Cotton Blends, Viscose Cotton Blends
c) Fabrics: Raw, printed and finished fabrics on cotton or cellulosic base frames. Available in weights of Rib, Jersey, Interlock, Fleece, Pique or Polo

  • Market Cap 101 Cr.
  • Current Price 32.4
  • High / Low 49.8 / 22.0
  • Stock P/E 16.8
  • Book Value 47.0
  • Dividend Yield 0.00 %
  • ROCE 6.14 %
  • ROE 4.66 %
  • Face Value 5.00

Pros

  • Stock is trading at 0.69 times its book value
  • Company is expected to give good quarter
  • Promoter holding has increased by 4.45% over last quarter.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -1.62% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 4.58% over last 3 years.
  • Contingent liabilities of Rs.31.8 Cr.

* 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: Textiles Industry: Textiles - Cotton/Blended

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
113.27 146.60 133.87 115.15 156.17 119.92 73.04 70.05 125.50 130.34 137.48 152.18 139.04
107.17 139.67 126.25 107.22 150.59 114.15 75.59 65.28 117.34 124.48 129.81 145.25 134.44
Operating Profit 6.10 6.93 7.62 7.93 5.58 5.77 -2.55 4.77 8.16 5.86 7.67 6.93 4.60
OPM % 5.39% 4.73% 5.69% 6.89% 3.57% 4.81% -3.49% 6.81% 6.50% 4.50% 5.58% 4.55% 3.31%
-0.06 0.41 0.02 0.00 0.50 0.54 0.29 0.69 0.76 0.54 0.03 0.03 0.29
Interest 3.60 3.75 3.34 3.73 2.80 3.41 1.60 3.26 2.45 3.46 3.45 3.88 2.41
Depreciation 1.77 1.83 1.85 1.84 1.77 1.84 1.84 1.83 1.80 1.82 1.85 1.84 1.79
Profit before tax 0.67 1.76 2.45 2.36 1.51 1.06 -5.70 0.37 4.67 1.12 2.40 1.24 0.69
Tax % -673.13% -6.82% -4.49% -19.49% 170.20% -89.62% 1.05% -13.51% -33.83% -12.50% 12.08% 97.58% -278.26%
5.18 1.88 2.56 2.82 -1.07 2.02 -5.64 0.41 6.25 1.25 2.11 0.03 2.61
EPS in Rs 1.66 0.60 0.82 0.90 -0.34 0.65 -1.81 0.13 2.00 0.40 0.68 0.01 0.84
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
642 630 472 491 614 547 606 472 385 552 389 559
610 595 446 470 591 525 587 455 378 523 372 534
Operating Profit 32 35 26 21 22 22 20 18 7 29 16 25
OPM % 5% 6% 5% 4% 4% 4% 3% 4% 2% 5% 4% 4%
3 5 6 1 0 2 1 5 0 0 2 1
Interest 21 20 21 12 13 14 12 14 14 14 11 13
Depreciation 7 10 6 6 7 7 7 7 7 7 7 7
Profit before tax 6 10 5 4 3 3 2 1 -14 8 0 5
Tax % 31% 52% -12% 28% 70% 28% -69% 36% 39% 23% -658% -10%
4 5 5 3 1 2 3 1 -8 6 3 6
EPS in Rs 1.42 1.56 1.62 0.81 0.32 0.77 1.00 0.22 -2.67 1.98 0.97 1.92
Dividend Payout % 14% 13% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -1%
5 Years: -2%
3 Years: 13%
TTM: 44%
Compounded Profit Growth
10 Years: 2%
5 Years: 15%
3 Years: 40%
TTM: 87%
Stock Price CAGR
10 Years: 8%
5 Years: 26%
3 Years: 25%
1 Year: 23%
Return on Equity
10 Years: 2%
5 Years: 1%
3 Years: 5%
Last Year: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 6 6 6 6 6 6 6 6 6 6 6 16
Reserves 84 88 93 95 97 107 106 100 95 103 105 131
Preference Capital 0 0 0 0 0 2 2 2 2 2 2
200 221 188 193 187 169 170 175 205 188 178 166
53 63 54 68 86 68 76 79 46 49 40 34
Total Liabilities 342 378 341 362 376 351 358 360 352 346 329 347
136 133 129 130 134 134 130 126 118 114 107 99
CWIP 0 2 2 4 0 0 0 0 0 0 0 0
Investments 14 14 14 18 19 20 14 8 8 11 9 9
192 230 195 211 223 197 215 226 226 221 213 239
Total Assets 342 378 341 362 376 351 358 360 352 346 329 347

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
11 -12 58 15 26 21 13 10 -12 32 20 -2
-44 -3 2 -12 -9 -5 1 -4 5 -4 1 1
30 15 -60 -2 -18 -18 -10 -9 9 -31 -21 2
Net Cash Flow -3 -0 -0 1 -0 -1 4 -3 2 -3 0 1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 8 17 18 22 28 18 16 17 21 12 20 10
Inventory Days 57 67 72 85 66 73 59 87 113 101 155 112
Days Payable 16 16 24 33 21 9 14 26 14 10 6 4
Cash Conversion Cycle 49 67 66 75 74 81 61 78 121 102 169 118
Working Capital Days 85 104 119 115 81 92 87 119 177 121 171 136
ROCE % 11% 10% 9% 5% 6% 6% 5% 5% 0% 7% 4%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
52.87% 52.87% 52.87% 52.87% 52.87% 52.87% 52.87% 52.87% 52.87% 52.87% 52.87% 57.32%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.00%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
47.11% 47.11% 47.11% 47.11% 47.11% 47.13% 47.12% 47.10% 47.11% 47.12% 47.08% 42.67%
No. of Shareholders 8,0818,2397,8767,8709,0048,9159,1879,0488,7938,7379,27611,561

* 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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