Nahar Industrial Enterprises Ltd
Nahar Industrial Enterprises Limited is engaged in the business of production of Textiles and Sugar. [1]
- Market Cap ₹ 585 Cr.
- Current Price ₹ 135
- High / Low ₹ 156 / 84.0
- Stock P/E 48.1
- Book Value ₹ 216
- Dividend Yield 0.00 %
- ROCE 8.07 %
- ROE 6.48 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.63 times its book value
- Company has delivered good profit growth of 31.2% CAGR over last 5 years
- Debtor days have improved from 45.0 to 33.7 days.
- Company's working capital requirements have reduced from 167 days to 121 days
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 0.17% over past five years.
- Company has a low return on equity of 8.27% over last 3 years.
- Earnings include an other income of Rs.33.0 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
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,404 | 1,707 | 1,844 | 1,798 | 1,770 | 1,722 | 1,759 | 1,866 | 1,573 | 1,418 | 2,006 | 1,774 | 1,585 | |
1,339 | 1,411 | 1,519 | 1,598 | 1,551 | 1,513 | 1,610 | 1,744 | 1,482 | 1,324 | 1,700 | 1,628 | 1,531 | |
Operating Profit | 66 | 296 | 325 | 199 | 219 | 210 | 148 | 122 | 91 | 94 | 306 | 146 | 54 |
OPM % | 5% | 17% | 18% | 11% | 12% | 12% | 8% | 7% | 6% | 7% | 15% | 8% | 3% |
7 | 8 | 6 | 6 | 5 | 6 | 6 | 6 | 12 | 8 | 15 | 41 | 33 | |
Interest | 97 | 131 | 106 | 105 | 79 | 60 | 71 | 67 | 65 | 57 | 56 | 38 | 24 |
Depreciation | 81 | 110 | 120 | 135 | 90 | 69 | 66 | 79 | 71 | 58 | 50 | 48 | 48 |
Profit before tax | -106 | 62 | 105 | -35 | 55 | 86 | 18 | -18 | -33 | -13 | 216 | 101 | 15 |
Tax % | 23% | 33% | 34% | 21% | 23% | 19% | 3% | -23% | 23% | 29% | 27% | 22% | |
-81 | 42 | 69 | -28 | 42 | 70 | 17 | -22 | -25 | -9 | 157 | 79 | 9 | |
EPS in Rs | -20.27 | 10.50 | 17.38 | -7.03 | 10.63 | 17.61 | 4.32 | -5.42 | -6.37 | -2.29 | 39.36 | 18.35 | 2.36 |
Dividend Payout % | -0% | 10% | 6% | -0% | 9% | 6% | -0% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | 0% |
5 Years: | 0% |
3 Years: | 4% |
TTM: | -22% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | 31% |
3 Years: | 60% |
TTM: | -91% |
Stock Price CAGR | |
---|---|
10 Years: | 9% |
5 Years: | 22% |
3 Years: | 64% |
1 Year: | 13% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 4% |
3 Years: | 8% |
Last Year: | 6% |
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 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 43 | 43 |
Reserves | 499 | 536 | 601 | 539 | 565 | 649 | 656 | 654 | 695 | 694 | 848 | 907 | 892 |
1,095 | 1,199 | 1,105 | 973 | 942 | 880 | 970 | 845 | 707 | 696 | 704 | 276 | 262 | |
146 | 155 | 149 | 196 | 126 | 174 | 241 | 240 | 199 | 136 | 225 | 122 | 122 | |
Total Liabilities | 1,780 | 1,930 | 1,895 | 1,748 | 1,674 | 1,744 | 1,907 | 1,780 | 1,641 | 1,567 | 1,818 | 1,349 | 1,319 |
655 | 766 | 735 | 615 | 542 | 545 | 559 | 583 | 562 | 534 | 530 | 533 | 567 | |
CWIP | 134 | 12 | 34 | 40 | 18 | 56 | 45 | 24 | 17 | 12 | 5 | 34 | 63 |
Investments | 141 | 139 | 139 | 138 | 133 | 137 | 127 | 82 | 80 | 80 | 83 | 71 | 97 |
849 | 1,012 | 986 | 955 | 980 | 1,006 | 1,176 | 1,091 | 981 | 941 | 1,201 | 711 | 592 | |
Total Assets | 1,780 | 1,930 | 1,895 | 1,748 | 1,674 | 1,744 | 1,907 | 1,780 | 1,641 | 1,567 | 1,818 | 1,349 | 1,319 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
337 | 118 | 310 | 294 | 116 | 219 | 50 | 203 | 172 | 75 | 85 | 504 | |
-184 | -92 | -105 | -52 | -7 | -93 | -65 | -29 | -34 | -15 | -35 | -55 | |
-152 | -27 | -204 | -241 | -109 | -126 | 14 | -174 | -139 | -60 | -49 | -449 | |
Net Cash Flow | 1 | -1 | 0 | 1 | -0 | -1 | -1 | -0 | -0 | -0 | 0 | -0 |
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 | 40 | 36 | 42 | 35 | 38 | 44 | 37 | 47 | 47 | 51 | 50 | 34 |
Inventory Days | 210 | 280 | 244 | 233 | 252 | 253 | 287 | 220 | 241 | 219 | 254 | 148 |
Days Payable | 31 | 30 | 22 | 38 | 19 | 37 | 62 | 60 | 60 | 39 | 54 | 18 |
Cash Conversion Cycle | 220 | 286 | 264 | 230 | 271 | 260 | 262 | 207 | 228 | 231 | 250 | 163 |
Working Capital Days | 158 | 159 | 138 | 129 | 156 | 160 | 176 | 146 | 164 | 205 | 176 | 121 |
ROCE % | -0% | 11% | 12% | 4% | 9% | 9% | 5% | 3% | 2% | 3% | 18% | 8% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Credit Rating 1h
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 27 Nov
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 25 Nov
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 14 Nov
- Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Nov
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 nse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2011
from nse
Nahar Group
The Co. is a part of the Ludhiana-based Nahar Group. The group has a strong presence in the domestic textile value chain, with overall revenue of over Rs 8,400 crore in FY22. The Co. has received financial support from the group by way of loans and preference shares. It received preference shares of Rs. 116 crore (includes Rs. 40 crore from Nahar Capital) in the past three fiscals. Other companies in the Nahar Group include Monte Carlo Fashions Limited, Nahar Spinning Mills Limited, etc. [1]