Niraj Cement Structurals Ltd
Incorporated in 1972, Niraj Cement Structurals Ltd provides infrastructural services[1]
- Market Cap ₹ 178 Cr.
- Current Price ₹ 44.4
- High / Low ₹ 65.0 / 27.4
- Stock P/E 13.0
- Book Value ₹ 44.4
- Dividend Yield 0.00 %
- ROCE 5.79 %
- ROE 3.82 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.00 times its book value
- Company is expected to give good quarter
- Debtor days have improved from 93.0 to 61.5 days.
- Company's working capital requirements have reduced from 160 days to 77.3 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 24.3%
- Company has a low return on equity of 2.73% 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: Infrastructure Developers & Operators Industry: Construction
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
312 | 111 | 48 | 84 | 106 | 108 | 108 | 109 | 124 | 175 | 356 | 605 | 650 | |
295 | 107 | 47 | 68 | 102 | 105 | 109 | 108 | 118 | 174 | 351 | 596 | 636 | |
Operating Profit | 17 | 4 | 0 | 16 | 4 | 3 | -2 | 2 | 5 | 1 | 5 | 9 | 14 |
OPM % | 5% | 3% | 0% | 19% | 4% | 2% | -2% | 1% | 4% | 1% | 1% | 1% | 2% |
7 | 5 | 3 | -1 | 1 | 1 | 8 | 1 | -1 | 3 | -0 | -1 | -4 | |
Interest | 10 | 13 | 6 | 12 | 3 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 2 |
Profit before tax | 12 | -6 | -5 | 1 | 1 | 1 | 4 | 1 | 2 | 2 | 3 | 6 | 7 |
Tax % | 32% | -2% | -2% | 2% | 34% | 22% | 75% | -7% | 19% | 33% | 24% | 37% | |
8 | -6 | -5 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 4 | 5 | |
EPS in Rs | 7.26 | -5.25 | -5.02 | 0.83 | 0.61 | 0.68 | 0.71 | 0.66 | 0.84 | 0.33 | 0.62 | 1.00 | 1.18 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 18% |
5 Years: | 41% |
3 Years: | 70% |
TTM: | 45% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 51% |
3 Years: | 35% |
TTM: | 97% |
Stock Price CAGR | |
---|---|
10 Years: | 25% |
5 Years: | 22% |
3 Years: | 4% |
1 Year: | 46% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | 2% |
3 Years: | 3% |
Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 11 | 11 | 11 | 12 | 15 | 22 | 22 | 43 | 43 | 43 | 43 |
Reserves | 136 | 131 | 125 | 126 | 127 | 128 | 131 | 135 | 137 | 134 | 136 | 133 | 135 |
84 | 67 | 83 | 95 | 106 | 133 | 57 | 20 | 19 | 30 | 13 | 26 | 2 | |
47 | 57 | 54 | 45 | 46 | 82 | 55 | 41 | 52 | 70 | 120 | 112 | 111 | |
Total Liabilities | 279 | 266 | 273 | 277 | 290 | 355 | 258 | 218 | 230 | 277 | 313 | 314 | 291 |
29 | 27 | 25 | 22 | 20 | 17 | 16 | 13 | 11 | 10 | 8 | 7 | 6 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 14 | 14 | 14 | 15 |
248 | 238 | 247 | 254 | 268 | 337 | 243 | 205 | 219 | 253 | 290 | 293 | 270 | |
Total Assets | 279 | 266 | 273 | 277 | 290 | 355 | 258 | 218 | 230 | 277 | 313 | 314 | 291 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
6 | 25 | -2 | 16 | -8 | -59 | 50 | 9 | -18 | -5 | 39 | -30 | |
-3 | 4 | 1 | -2 | 1 | 2 | 1 | 25 | 9 | -9 | -11 | 15 | |
-4 | -28 | 1 | -14 | 8 | 63 | -55 | -36 | 18 | 9 | -17 | 5 | |
Net Cash Flow | -2 | 1 | 1 | -0 | 0 | 6 | -5 | -1 | 9 | -5 | 10 | -11 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 119 | 357 | 447 | 269 | 218 | 507 | 319 | 289 | 188 | 138 | 79 | 62 |
Inventory Days | 30 | 402 | 509 | |||||||||
Days Payable | 28 | 716 | 1,204 | |||||||||
Cash Conversion Cycle | 121 | 43 | -248 | 269 | 218 | 507 | 319 | 289 | 188 | 138 | 79 | 62 |
Working Capital Days | 183 | 492 | 715 | 397 | 371 | 477 | 406 | 375 | 394 | 296 | 106 | 77 |
ROCE % | 10% | 3% | 1% | 7% | 2% | 1% | 2% | 1% | 2% | 2% | 4% | 6% |
Documents
Announcements
- Certificate Under Regulation 40(9)/ 40 (10) Of SEBI (LODR) Regulation, 2015 For The Period From 01St April 2023 To 31St March, 2024 16 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 5 Apr
- Compliance Certificate Certifying Maintaining Physical And Electronic Share Transfer Facility For Year Ended 31St March, 2024 - Regulation 7 (3) Of SEBI (Listing Obligation And Disclosure Requirements) Regulation, 2015 4 Apr
-
Announcement under Regulation 30 (LODR)-Change in Directorate
29 Mar - Of Completion of tenure by Mr. Gurpur Ramdas Kamath as an Independent Director of the COmpany
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Announcement under Regulation 30 (LODR)-Change in Management
29 Mar - Of completion of tenure by Mr. Gurpur Ramdas Kamath as an Independent Director of the Company
Annual reports
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Financial Year 2023
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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 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Business Overview:[1][2]
NCSL is in the business of specialty engineering construction and infrastructure. It provides end-to-end solutions, highways, bridges, water supply and drainage, irrigation, land storm water drainage, expressways, turnkey projects roads, tunnels and other infrastructural work