Nahar Industrial Enterprises Ltd
Incorporated in 1983, Nahar Industrial Enterprises Ltd is in the business of
Textiles and Sugar[1]
- Market Cap ₹ 565 Cr.
- Current Price ₹ 131
- High / Low ₹ 170 / 103
- Stock P/E 70.5
- Book Value ₹ 219
- Dividend Yield 0.00 %
- ROCE 7.99 %
- ROE 6.39 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.60 times its book value
- Company has delivered good profit growth of 30.1% 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 8.19% over last 3 years.
- Earnings include an other income of Rs.33.8 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2007 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|
911 | 1,798 | 1,770 | 1,722 | 1,759 | 1,866 | 1,573 | 1,418 | 2,006 | 1,774 | 1,497 | |
740 | 1,598 | 1,551 | 1,514 | 1,610 | 1,744 | 1,482 | 1,324 | 1,700 | 1,628 | 1,454 | |
Operating Profit | 171 | 199 | 219 | 208 | 148 | 122 | 91 | 94 | 306 | 146 | 44 |
OPM % | 19% | 11% | 12% | 12% | 8% | 7% | 6% | 7% | 15% | 8% | 3% |
28 | 6 | 1 | 6 | 7 | 6 | 12 | 9 | 15 | 41 | 34 | |
Interest | 33 | 105 | 79 | 60 | 71 | 67 | 65 | 57 | 56 | 38 | 22 |
Depreciation | 64 | 135 | 90 | 69 | 66 | 79 | 71 | 58 | 50 | 48 | 48 |
Profit before tax | 103 | -35 | 51 | 85 | 19 | -18 | -33 | -12 | 216 | 101 | 7 |
Tax % | 27% | 21% | 23% | 19% | 5% | -23% | 23% | 29% | 27% | 22% | |
75 | -28 | 39 | 69 | 18 | -22 | -25 | -9 | 157 | 79 | 5 | |
EPS in Rs | 18.53 | -6.97 | 9.91 | 17.33 | 4.46 | -5.45 | -6.37 | -2.20 | 39.40 | 18.27 | 1.18 |
Dividend Payout % | 5% | 0% | 10% | 6% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 0% |
3 Years: | 4% |
TTM: | -23% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 30% |
3 Years: | 60% |
TTM: | -92% |
Stock Price CAGR | |
---|---|
10 Years: | 8% |
5 Years: | 26% |
3 Years: | 45% |
1 Year: | 18% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | 8% |
Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2007 | 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 | 43 | 43 |
Reserves | 492 | 540 | 574 | 657 | 665 | 662 | 703 | 703 | 857 | 916 | 902 |
Preference Capital | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
992 | 973 | 942 | 880 | 970 | 845 | 707 | 696 | 704 | 276 | 262 | |
90 | 196 | 129 | 176 | 243 | 243 | 201 | 139 | 228 | 124 | 124 | |
Total Liabilities | 1,614 | 1,748 | 1,685 | 1,754 | 1,918 | 1,790 | 1,651 | 1,578 | 1,829 | 1,361 | 1,332 |
494 | 615 | 542 | 545 | 559 | 583 | 562 | 534 | 530 | 533 | 567 | |
CWIP | 172 | 40 | 18 | 56 | 45 | 24 | 17 | 12 | 5 | 34 | 63 |
Investments | 101 | 139 | 144 | 146 | 138 | 92 | 91 | 91 | 94 | 83 | 110 |
847 | 955 | 980 | 1,006 | 1,176 | 1,091 | 981 | 941 | 1,201 | 711 | 592 | |
Total Assets | 1,614 | 1,748 | 1,685 | 1,754 | 1,918 | 1,790 | 1,651 | 1,578 | 1,829 | 1,361 | 1,332 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2007 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
-365 | 294 | 116 | 219 | 50 | 203 | 172 | 75 | 85 | 504 | |
-813 | -52 | -7 | -93 | -65 | -29 | -34 | -15 | -35 | -55 | |
1,391 | -241 | -109 | -126 | 14 | -174 | -139 | -60 | -49 | -449 | |
Net Cash Flow | 212 | 1 | -0 | -1 | -1 | -0 | -0 | -0 | 0 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2007 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 54 | 35 | 38 | 44 | 37 | 47 | 47 | 51 | 50 | 34 |
Inventory Days | 341 | 233 | 252 | 253 | 287 | 220 | 241 | 219 | 254 | 148 |
Days Payable | 23 | 38 | 19 | 37 | 62 | 60 | 60 | 39 | 54 | 18 |
Cash Conversion Cycle | 371 | 230 | 271 | 260 | 262 | 207 | 228 | 231 | 250 | 163 |
Working Capital Days | 223 | 129 | 157 | 160 | 176 | 146 | 164 | 205 | 176 | 121 |
ROCE % | 8% | 9% | 5% | 3% | 2% | 3% | 18% | 8% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Acquisition
20 Apr - REGARDING INCORPORATION OF WHOLLY OWNED SUBSIDIARY OF THE COMPANY
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 17 Apr
- CERTIFICATE UNDER REGULATION 40(9) OF SEBI (LODR) 15 Apr
- DEMATERIALISTION OF SHARES ISIN:INE289A01011 11 Apr
- COMPLIANCE UNDER REGULATION 7(3) 11 Apr
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
from nse
Business Overview:[1][2]
NIEL is a part of the Nahar group. It is a vertically-integrated textile manufacturer, with operations ranging from spinning, weaving & processing and also have a sugar unit. The company consumes over 4 Lac bales of cotton every year and is one of the largest buyers of cotton in India