Nahar Industrial Enterprises Ltd
Nahar Industrial Enterprises Limited is engaged in the business of production of Textiles and Sugar. [1]
- Market Cap ₹ 431 Cr.
- Current Price ₹ 108
- High / Low ₹ 152 / 84.0
- Stock P/E 5.39
- Book Value ₹ 241
- Dividend Yield 0.00 %
- ROCE 9.84 %
- ROE 8.60 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.45 times its book value
- Company has delivered good profit growth of 38.1% CAGR over last 5 years
- Debtor days have improved from 45.0 to 33.7 days.
- Promoter holding has increased by 2.43% over last quarter.
- Company's working capital requirements have reduced from 168 days to 122 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 0.17% over past five years.
- Company has a low return on equity of 9.01% 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: 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 | |
---|---|---|---|---|---|---|---|---|---|---|
911 | 1,798 | 1,770 | 1,722 | 1,759 | 1,866 | 1,573 | 1,418 | 2,006 | 1,774 | |
740 | 1,598 | 1,551 | 1,514 | 1,610 | 1,744 | 1,482 | 1,324 | 1,700 | 1,629 | |
Operating Profit | 171 | 199 | 219 | 208 | 148 | 122 | 91 | 94 | 306 | 145 |
OPM % | 19% | 11% | 12% | 12% | 8% | 7% | 6% | 7% | 15% | 8% |
28 | 6 | 1 | 6 | 7 | 6 | 12 | 9 | 15 | 42 | |
Interest | 33 | 105 | 79 | 60 | 71 | 67 | 65 | 57 | 56 | 38 |
Depreciation | 64 | 135 | 90 | 69 | 66 | 79 | 71 | 58 | 50 | 48 |
Profit before tax | 103 | -35 | 51 | 85 | 19 | -18 | -33 | -12 | 216 | 101 |
Tax % | 27% | 21% | 23% | 19% | 5% | -23% | 23% | 29% | 27% | 22% |
Net Profit | 75 | -28 | 39 | 69 | 18 | -22 | -25 | -9 | 157 | 79 |
EPS in Rs | 18.53 | -6.97 | 9.91 | 17.33 | 4.46 | -5.45 | -6.37 | -2.20 | 39.40 | 19.81 |
Dividend Payout % | 5% | 0% | 10% | 6% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 0% |
3 Years: | 4% |
TTM: | -12% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 38% |
3 Years: | 68% |
TTM: | -49% |
Stock Price CAGR | |
---|---|
10 Years: | 12% |
5 Years: | 9% |
3 Years: | 72% |
1 Year: | -23% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | 9% |
Last Year: | 9% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|
50 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 43 | |
Reserves | 492 | 540 | 574 | 657 | 665 | 662 | 703 | 703 | 857 | 916 |
992 | 973 | 942 | 880 | 970 | 845 | 707 | 696 | 704 | 276 | |
90 | 196 | 129 | 176 | 243 | 243 | 201 | 139 | 228 | 124 | |
Total Liabilities | 1,614 | 1,748 | 1,685 | 1,754 | 1,918 | 1,790 | 1,651 | 1,578 | 1,829 | 1,361 |
494 | 615 | 542 | 545 | 559 | 583 | 562 | 534 | 530 | 533 | |
CWIP | 172 | 40 | 18 | 56 | 45 | 24 | 17 | 12 | 5 | 34 |
Investments | 101 | 139 | 144 | 146 | 138 | 92 | 91 | 91 | 94 | 83 |
847 | 955 | 980 | 1,006 | 1,176 | 1,091 | 981 | 941 | 1,201 | 711 | |
Total Assets | 1,614 | 1,748 | 1,685 | 1,754 | 1,918 | 1,790 | 1,651 | 1,578 | 1,829 | 1,361 |
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 | ||
-813 | -52 | -7 | -93 | -65 | -29 | -34 | -15 | -33 | ||
1,391 | -241 | -109 | -126 | 14 | -174 | -139 | -60 | -51 | ||
Net Cash Flow | 212 | 1 | -0 | -1 | -1 | -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 | 122 |
ROCE % | 8% | 9% | 5% | 3% | 2% | 3% | 18% | 10% |
Documents
Announcements
- Board Meeting Outcome for OUTCOME OF BOARD MEETING DATED 30.05.2023 6h
- AUDITED FINNCIAL RESULTS (STANDALONE & COSOLIDATED) FOR THE QUARTER AND FINANCIAL YEAR ENDED 31.03.2023 6h
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 20 May
- Board Meeting Intimation for INTIMATION OF BOARD MEETING TO CONSIDER AND APPROVE AUDITED FINANCIAL RESULTS (STANDALONE & CONSOLIDATED) FOR THE QUARTER/YEAR ENDED 31.03.2023 20 May
- Compliances-Reg.24(A)-Annual Secretarial Compliance 19 May
Annual reports
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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
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Financial Year 2010
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Financial Year 2010
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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]