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. [1]
It owns Ferro Alloy facilities which are situated in Paloncha (Telangana) and Kharagprasad (Odisha). It also owns power generation capacity of 434 MW from its 8 thermal power plants located in different states of India. [2]
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. [2]
- Market Cap ₹ 2,644 Cr.
- Current Price ₹ 182
- High / Low ₹ 211 / 99.2
- Stock P/E 4.62
- Book Value ₹ 341
- Dividend Yield 1.37 %
- ROCE 16.3 %
- ROE 12.2 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.53 times its book value
- Company is expected to give good quarter
- Company has delivered good profit growth of 63.34% CAGR over last 5 years
- Debtor days have improved from 179.45 to 117.21 days.
Cons
- Company has a low return on equity of 11.25% for 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: Diversified Industry: Diversified - Large
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,090 | 996 | 1,142 | 1,728 | 1,814 | 1,612 | 1,350 | 2,348 | 2,946 | 2,759 | 2,548 | 3,348 | |
866 | 968 | 894 | 1,270 | 1,504 | 1,246 | 1,163 | 1,555 | 1,585 | 1,573 | 1,483 | 2,029 | |
Operating Profit | 224 | 28 | 248 | 458 | 310 | 366 | 187 | 793 | 1,361 | 1,186 | 1,066 | 1,319 |
OPM % | 21% | 3% | 22% | 26% | 17% | 23% | 14% | 34% | 46% | 43% | 42% | 39% |
216 | 368 | 64 | 92 | 113 | 85 | 135 | 69 | 35 | 12 | 250 | 211 | |
Interest | 41 | 25 | 19 | 126 | 112 | 88 | 72 | 246 | 362 | 319 | 348 | 338 |
Depreciation | 47 | 51 | 59 | 112 | 79 | 84 | 90 | 228 | 276 | 289 | 300 | 295 |
Profit before tax | 352 | 320 | 235 | 312 | 233 | 280 | 159 | 388 | 757 | 590 | 668 | 896 |
Tax % | 6% | 21% | 27% | 11% | 10% | -6% | 42% | 28% | 55% | 10% | 18% | 36% |
Net Profit | 343 | 284 | 190 | 280 | 206 | 284 | 87 | 238 | 276 | 395 | 423 | 518 |
EPS in Rs | 22.49 | 15.91 | 10.66 | 15.67 | 11.54 | 15.88 | 4.87 | 13.33 | 15.47 | 22.44 | 27.06 | 35.68 |
Dividend Payout % | 13% | 13% | 23% | 16% | 22% | 9% | 21% | 11% | 10% | 7% | 9% | 17% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 20% |
3 Years: | 4% |
TTM: | 31% |
Compounded Profit Growth | |
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10 Years: | 15% |
5 Years: | 63% |
3 Years: | 25% |
TTM: | 36% |
Stock Price CAGR | |
---|---|
10 Years: | 7% |
5 Years: | 7% |
3 Years: | 25% |
1 Year: | 68% |
Return on Equity | |
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10 Years: | 9% |
5 Years: | 10% |
3 Years: | 11% |
Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
15 | 18 | 18 | 18 | 18 | 18 | 36 | 36 | 36 | 35 | 30 | 29 | |
Reserves | 1,875 | 2,295 | 2,443 | 2,715 | 2,892 | 3,205 | 3,127 | 3,376 | 3,681 | 4,150 | 4,382 | 4,924 |
726 | 804 | 1,273 | 1,178 | 1,538 | 3,708 | 4,389 | 4,008 | 3,438 | 3,492 | 3,392 | 3,587 | |
226 | 330 | 534 | 1,034 | 1,464 | 792 | 890 | 811 | 1,185 | 1,605 | 1,832 | 2,206 | |
Total Liabilities | 2,843 | 3,447 | 4,268 | 4,945 | 5,912 | 7,722 | 8,441 | 8,230 | 8,340 | 9,283 | 9,636 | 10,746 |
939 | 1,006 | 1,155 | 2,048 | 2,065 | 2,156 | 2,148 | 6,143 | 5,965 | 6,019 | 5,639 | 5,546 | |
CWIP | 302 | 918 | 1,068 | 1,321 | 2,247 | 3,574 | 3,969 | 10 | 6 | 17 | 17 | 17 |
Investments | 199 | 116 | 149 | 177 | 106 | 57 | 411 | 175 | 155 | 124 | 314 | 529 |
1,402 | 1,407 | 1,895 | 1,399 | 1,495 | 1,935 | 1,913 | 1,903 | 2,214 | 3,122 | 3,665 | 4,654 | |
Total Assets | 2,843 | 3,447 | 4,268 | 4,945 | 5,912 | 7,722 | 8,441 | 8,230 | 8,340 | 9,283 | 9,636 | 10,746 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
181 | 233 | -142 | 716 | 891 | -126 | 39 | 201 | 824 | 527 | 758 | 608 | |
-223 | -313 | -335 | -1,168 | -866 | -1,380 | -690 | 267 | 1 | 7 | -216 | -222 | |
198 | 132 | 423 | 48 | -57 | 2,016 | 648 | -813 | -878 | -482 | -473 | -415 | |
Net Cash Flow | 156 | 51 | -54 | -403 | -32 | 510 | -3 | -345 | -52 | 52 | 69 | -29 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 27 | 27 | 30 | 23 | 27 | 47 | 45 | 113 | 171 | 290 | 131 | 117 |
Inventory Days | 321 | 225 | 291 | 212 | 215 | 181 | 218 | 144 | 160 | 185 | 199 | 148 |
Days Payable | 121 | 115 | 72 | 224 | 278 | 67 | 49 | 46 | 54 | 49 | 49 | 34 |
Cash Conversion Cycle | 227 | 137 | 249 | 12 | -36 | 161 | 215 | 211 | 277 | 426 | 281 | 231 |
Working Capital Days | 67 | 62 | -111 | -44 | -197 | 41 | -25 | 53 | 111 | 176 | -48 | 181 |
ROCE % | 14% | 7% | 7% | 11% | 8% | 6% | 2% | 8% | 16% | 14% | 13% | 16% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
6h - Annual Secretarial Compliance Report pursuant to Regulation 24A(2) of the SEBI (LODR) Regulations, 2015 for the year ended March 31, 2022 issued by M/s. P.S.Rao …
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Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Jun - With reference to the captioned subject, please find enclosed the copies of advertisement published in all editions of Business Standard (English) and Mana Telangana (Telugu) …
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 9 Jun
- Disclosures Of Related Party Transactions For The Half-Year Ended March 31, 2022 26 May
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
23 May - Transcript of the Conference Call with Investors I Analysts held on May 1 7, 2022 on the operational and financial performance of the Company for …
Annual reports
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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 2012
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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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Concalls
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Transcript - May 22
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Transcript - Feb 22
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Transcript - Nov 21
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Transcript - Aug 21
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Transcript - Jun 21
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Transcript - Feb 21
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Transcript - Nov 20
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Transcript - Jul 20
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Transcript - Nov 19
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Transcript - Aug 19
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Transcript - Jun 19
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Transcript - Feb 19
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Transcript - Nov 18
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Transcript - Aug 18
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Transcript - Jun 18
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Transcript - Feb 18
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Transcript - Nov 17
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Transcript - Nov 17
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Transcript - Aug 17
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Transcript - Jun 17
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Transcript - Feb 17
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Transcript - Nov 16
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Transcript - Sep 16
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Transcript - Jun 16
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Transcript - Feb 16
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Transcript - Nov 15
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Transcript - Aug 15
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.