Neueon Corporation Ltd

AI

Neueon Corporation Ltd

₹ 11.0 0.74%
02 Nov - close price
About

Incorporated in 2006, Neueon Corporation Ltd provides Engineering & Consultation, and Turnkey Installations.[1]

Key Points

Business Overview:[1]
NCL (erstwhile Sujana Towers Limited) was initially a part of the Sujana group. Company
is engaged in manufacturing of galvanized
steel towers used in the power transmission
and telecom tower sector

  • Market Cap ₹ 589 Cr.
  • Current Price ₹ 11.0
  • High / Low ₹ 28.2 / 5.49
  • Stock P/E
  • Book Value ₹ 0.93
  • Dividend Yield 0.00 %
  • ROCE -40.4 %
  • ROE -43.7 %
  • Face Value ₹ 1.00

Pros

  • Company has reduced debt.
  • Company is expected to give good quarter

Cons

  • Stock is trading at 11.8 times its book value
  • Company has low interest coverage ratio.
  • Company might be capitalizing the interest cost
  • Company has high debtors of 3,863 days.
  • Working capital days have increased from -27,65,724 days to 3,157 days

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026
0 0 0 0 0 0 5 4 4 1 6 0 7
0 0 0 0 0 2 7 5 71 -64 200 1 8
Operating Profit -0 -0 -0 -0 -0 -2 -1 -0 -67 66 -193 -1 -1
OPM % -2,100% -3,800% -3,800% -875% -16,800% -26% -11% -1,623% 5,384% -3,136% -1,050% -11%
0 0 0 0 0 0 0 0 -0 -58 -13 0 -165
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 24 24 24 23 24 24 42 22 22 17 0 0 0
Profit before tax -23 -24 -24 -24 -24 -25 -43 -22 -89 -9 -206 -1 -166
Tax % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
-23 -24 -24 -24 -24 -25 -43 -22 -89 -9 -206 -1 -166
EPS in Rs -4.15 -4.18 -4.18 -4.20 -4.24 -4.48 -7.61 -3.90 -15.72 -0.16 -3.65 -0.02 -2.94
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
2,268 1,467 245 73 42 3 0 0 0 0 5 16 15
2,010 1,232 316 418 539 108 2 2 1 1 7 211 144
Operating Profit 259 235 -72 -345 -497 -105 -2 -1 -1 -1 -2 -195 -129
OPM % 11% 16% -29% -474% -1,187% -3,575% -4,033% -2,057% -1,138% -1,244% -38% -1,222% -879%
1 1 0 0 0 1 0 0 2 1 0 -71 -235
Interest 227 258 293 0 68 16 0 0 0 0 0 0 0
Depreciation 28 78 95 94 94 94 94 94 94 94 89 60 18
Profit before tax 5 -100 -459 -440 -660 -214 -96 -95 -93 -94 -91 -326 -382
Tax % 26% 45% 7% 5% 2% 4% -33% 0% 0% 0% 0% 0%
3 -145 -491 -463 -675 -222 -65 -95 -93 -94 -91 -326 -382
EPS in Rs 0.66 -25.70 -86.80 -81.81 -119.37 -39.31 -11.43 -16.76 -16.49 -16.57 -16.05 -5.77 -6.77
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -36%
5 Years: %
3 Years: %
TTM: 5%
Compounded Profit Growth
10 Years: -13%
5 Years: %
3 Years: %
TTM: 18%
Stock Price CAGR
10 Years: 1%
5 Years: 37%
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: -44%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 Sep 2026
Equity Capital 52 57 57 57 57 57 57 57 57 57 6 57 57
Reserves 844 735 237 -226 -969 -1,174 -1,244 -1,338 -1,432 -1,504 941 164 -4
1,840 2,022 2,314 2,275 2,197 2,196 2,196 2,196 2,196 2,196 53 42 20
1,293 1,080 1,117 1,147 515 540 516 518 512 512 184 4 21
Total Liabilities 4,028 3,894 3,725 3,253 1,800 1,618 1,526 1,432 1,333 1,260 1,184 266 94
433 1,661 1,567 1,473 1,378 1,284 1,190 1,096 1,002 908 820 80 73
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
3,595 2,233 2,158 1,780 422 335 336 336 331 352 364 186 21
Total Assets 4,028 3,894 3,725 3,253 1,800 1,618 1,526 1,432 1,333 1,260 1,184 266 94

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
1,009 194 268 577 143 1 10 -0 -5 -21 -1,227 -38
-1,007 -0 -1 0 3 17 -5 0 0 21 5 607
-3 -193 -267 -578 -146 -17 0 0 0 0 1,223 -570
Net Cash Flow -1 1 -0 -0 -0 1 5 -0 -5 0 0 -1
Free Cash Flow 2 194 267 577 146 1 10 -0 -5 -21 -1,227 550
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit 390% 83% -374% -167% -29% -1% -392% 24% 500% 1,848% 59,264% 20%

Ratios

Consolidated / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 356 536 3,073 8,649 3,514 39,473 1,625,136 1,349,689 21,916 3,863
Inventory Days 7 10 37 95 67 1,324 392 0
Days Payable 146 158 744 2,659 101 2,528 1,174
Cash Conversion Cycle 217 387 2,365 6,085 3,480 38,269 1,625,136 1,349,689 21,134 3,863
Working Capital Days 89 76 -131 -5,431 -17,119 -256,322 -10,833,930 -8,319,526 19,196 3,157
ROCE % 9% 6% -6% -19% -35% -17% -9% -10% -11% -12% -10% -40%

Insights

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Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2025
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Number of Permanent Employees
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Shareholding Pattern

Numbers in percentages

Sep 2021Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
37.27% 36.31% 36.31% 36.31% 36.31% 36.31% 36.31% 36.31% 93.63% 93.63% 90.00% 90.00%
0.88% 0.88% 0.88% 0.88% 1.77% 1.77% 1.77% 1.77% 0.18% 0.18% 0.18% 0.18%
61.85% 62.81% 62.81% 62.82% 61.93% 61.94% 61.93% 61.92% 6.18% 6.19% 9.82% 9.83%
No. of Shareholders 21,19023,41823,25222,87222,65022,64922,65222,64618,79218,39518,18018,160

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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