Nava Bharat Ventures Ltd
Nava Bharat Ventures Ltd was established in 1972 as an Indian ferro alloys manufacturer, Nava Bharat is now a multinational company, operating in India, South East Asia and Africa with businesses in metals manufacturing, power, mining, agribusiness and healthcare. #
It owns Ferro Alloy facilities which are situated in Paloncha (Telengana) and Kharagprasad (Odisha). It also owns power generation capacity of 434 MW from its 8 thermal power plants located in different states of India. #
Its 65% owned subsidiary Maamba Collieries Ltd is Zambia’s largest coal mine concessionaire, which also led to the development of a 300 MW power plant in Zambia which repersents 10% of Zambia’s total installed power generation capacity. #
Captive Power for Ferro Alloy facilities
The Company’s Ferro Alloys facilities are supported by captive power from its own power plants giving them certain inherent advantages in terms of availability of power and control on costs.
- Market Cap ₹ 1,215 Cr.
- Current Price ₹ 69.0
- High / Low ₹ 76.2 / 32.0
- Stock P/E 2.82
- Book Value ₹ 244
- Dividend Yield 2.18 %
- ROCE 13.7 %
- ROE 11.7 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Stock is trading at 0.28 times its book value
- Company has delivered good profit growth of 18.90% CAGR over last 5 years
Cons
- Promoter holding has decreased by -3.64% over last quarter
- Tax rate seems low
- Company has a low return on equity of 9.20% for last 3 years.
- Company has high debtors of 290.21 days.
Peer comparison
Sector: Diversified Industry: Diversified - Large
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
885 | 743 | 768 | 819 | 726 | 800 | 672 | 510 | 809 | 599 | 600 | 660 | |
472 | 465 | 425 | 445 | 449 | 484 | 395 | 296 | 571 | 318 | 359 | 387 | |
Operating Profit | 413 | 278 | 343 | 374 | 277 | 316 | 276 | 213 | 238 | 282 | 241 | 273 |
OPM % | 47% | 37% | 45% | 46% | 38% | 40% | 41% | 42% | 29% | 47% | 40% | 41% |
Other Income | 29 | 22 | 35 | 29 | 42 | 5 | 34 | 10 | 106 | 32 | 75 | 50 |
Interest | 90 | 86 | 94 | 91 | 81 | 80 | 83 | 82 | 74 | 106 | 86 | 78 |
Depreciation | 76 | 70 | 72 | 74 | 71 | 75 | 73 | 73 | 71 | 76 | 75 | 75 |
Profit before tax | 275 | 144 | 212 | 237 | 166 | 166 | 155 | 69 | 199 | 131 | 156 | 170 |
Tax % | 23% | 20% | 34% | 45% | 65% | 26% | 9% | 13% | 7% | 27% | 14% | 5% |
Net Profit | 174 | 85 | 97 | 104 | 57 | 96 | 95 | 48 | 143 | 69 | 102 | 118 |
EPS in Rs | 9.72 | 4.78 | 5.44 | 5.84 | 3.18 | 5.39 | 5.38 | 2.70 | 8.11 | 3.90 | 5.77 | 6.72 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,336 | 1,162 | 1,090 | 996 | 1,142 | 1,728 | 1,814 | 1,612 | 1,350 | 2,348 | 2,946 | 2,759 | 2,669 | |
735 | 613 | 788 | 815 | 910 | 1,274 | 1,504 | 1,248 | 1,177 | 1,555 | 1,589 | 1,574 | 1,635 | |
Operating Profit | 601 | 549 | 302 | 181 | 232 | 453 | 310 | 365 | 174 | 793 | 1,357 | 1,185 | 1,034 |
OPM % | 45% | 47% | 28% | 18% | 20% | 26% | 17% | 23% | 13% | 34% | 46% | 43% | 39% |
Other Income | 32 | 41 | 138 | 216 | 80 | 97 | 114 | 87 | 148 | 69 | 39 | 13 | 264 |
Interest | 32 | 38 | 41 | 25 | 19 | 126 | 112 | 88 | 72 | 246 | 362 | 319 | 344 |
Depreciation | 38 | 45 | 47 | 51 | 59 | 112 | 79 | 84 | 90 | 228 | 276 | 289 | 298 |
Profit before tax | 564 | 508 | 352 | 320 | 235 | 312 | 233 | 280 | 159 | 388 | 757 | 590 | 655 |
Tax % | 8% | 2% | 6% | 21% | 27% | 11% | 10% | -6% | 42% | 28% | 55% | 10% | |
Net Profit | 521 | 496 | 343 | 284 | 190 | 280 | 206 | 284 | 87 | 238 | 276 | 395 | 432 |
EPS in Rs | 34.18 | 32.49 | 22.49 | 15.91 | 10.66 | 15.67 | 11.54 | 15.88 | 4.87 | 13.33 | 15.47 | 22.44 | 24.50 |
Dividend Payout % | 12% | 14% | 13% | 13% | 23% | 16% | 22% | 9% | 21% | 11% | 10% | 7% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 9% |
3 Years: | 27% |
TTM: | -1% |
Compounded Profit Growth | |
---|---|
10 Years: | -1% |
5 Years: | 19% |
3 Years: | 111% |
TTM: | 46% |
Stock Price CAGR | |
---|---|
10 Years: | -5% |
5 Years: | -3% |
3 Years: | -22% |
1 Year: | 6% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 8% |
3 Years: | 9% |
Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
15 | 15 | 15 | 18 | 18 | 18 | 18 | 18 | 36 | 36 | 36 | 35 | 35 | |
Reserves | 1,168 | 1,585 | 1,875 | 2,295 | 2,443 | 2,715 | 2,892 | 3,205 | 3,127 | 3,376 | 3,681 | 4,177 | 4,265 |
Borrowings | 430 | 394 | 726 | 804 | 1,273 | 1,178 | 1,538 | 3,708 | 4,389 | 4,008 | 3,438 | 3,492 | 2,554 |
275 | 308 | 226 | 330 | 534 | 1,034 | 1,464 | 792 | 890 | 811 | 1,185 | 1,578 | 2,526 | |
Total Liabilities | 1,889 | 2,302 | 2,843 | 3,447 | 4,268 | 4,945 | 5,912 | 7,722 | 8,441 | 8,230 | 8,340 | 9,283 | 9,380 |
705 | 735 | 939 | 1,006 | 1,155 | 2,048 | 2,065 | 2,156 | 2,148 | 6,143 | 5,965 | 6,019 | 5,789 | |
CWIP | 16 | 129 | 302 | 918 | 1,068 | 1,321 | 2,247 | 3,574 | 3,969 | 10 | 6 | 17 | 16 |
Investments | 3 | 97 | 199 | 116 | 149 | 177 | 106 | 57 | 411 | 175 | 155 | 124 | 239 |
1,165 | 1,341 | 1,402 | 1,407 | 1,895 | 1,399 | 1,495 | 1,935 | 1,913 | 1,903 | 2,214 | 3,122 | 3,335 | |
Total Assets | 1,889 | 2,302 | 2,843 | 3,447 | 4,268 | 4,945 | 5,912 | 7,722 | 8,441 | 8,230 | 8,340 | 9,283 | 9,380 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
344 | 621 | 181 | 233 | -142 | 716 | 891 | -126 | 39 | 201 | 824 | 527 | |
-216 | -301 | -223 | -313 | -335 | -1,168 | -866 | -1,380 | -690 | 267 | 1 | 7 | |
-57 | -114 | 198 | 132 | 423 | 48 | -57 | 2,016 | 648 | -813 | -878 | -482 | |
Net Cash Flow | 70 | 206 | 156 | 51 | -54 | -403 | -32 | 510 | -3 | -345 | -52 | 52 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROCE % | 42% | 30% | 14% | 7% | 7% | 11% | 8% | 6% | 2% | 8% | 16% | 14% |
Debtor Days | 26 | 29 | 27 | 27 | 30 | 23 | 27 | 47 | 45 | 113 | 171 | 290 |
Inventory Turnover | 1.21 | 1.36 | 1.99 | 1.73 | 1.48 | 1.90 | 1.87 | 1.61 | 1.69 | 2.58 | 2.38 | 1.95 |
Documents
Add documentRecent announcements
- Buyback Offer 1 Mar
- Announcement under Regulation 30 (LODR)-Public Announcement-Buyback of Shares 1 Mar
- Corporate Action-Buy back 26 Feb
- Board to consider Buy back of Equity Shares 23 Feb
- Board Meeting Intimation for Prior Intimation Under Regulations 29(1) (B) Of SEBI (LODR) Regulations, 2015 23 Feb
View all
Annual reports
- 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 bse
- Financial Year 2012 from bse
- Financial Year 2012 from nse
- Financial Year 2011 from bse
- Financial Year 2011 from nse
- Financial Year 2010 from bse
- Financial Year 2010 from nse