Niraj Cement Structurals Ltd

Niraj Cement Structurals Ltd

₹ 56.1 -0.94%
12 Jun - close price
About

Incorporated in 1972, Niraj Cement Structurals Ltd provides infrastructural services[1]

Key Points

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

  • Market Cap 335 Cr.
  • Current Price 56.1
  • High / Low 75.0 / 42.0
  • Stock P/E 21.9
  • Book Value 44.5
  • Dividend Yield 0.00 %
  • ROCE 10.3 %
  • ROE 7.75 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 24.9%
  • Company has a low return on equity of 7.08% over last 3 years.
  • Earnings include an other income of Rs.6.06 Cr.

* 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

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
159.55 80.23 106.62 105.00 314.26 99.07 111.07 126.66 133.99 82.61 138.09 119.70 167.03
156.89 79.20 105.66 104.26 307.75 99.71 108.96 122.90 125.68 82.29 132.84 117.29 158.80
Operating Profit 2.66 1.03 0.96 0.74 6.51 -0.64 2.11 3.76 8.31 0.32 5.25 2.41 8.23
OPM % 1.67% 1.28% 0.90% 0.70% 2.07% -0.65% 1.90% 2.97% 6.20% 0.39% 3.80% 2.01% 4.93%
-0.74 0.19 0.40 0.70 -1.85 1.89 -0.34 -1.66 1.73 1.29 0.49 1.11 3.17
Interest 0.04 0.03 0.02 0.19 0.24 0.20 0.03 0.02 0.02 0.02 0.02 0.02 0.02
Depreciation 0.35 0.36 0.36 0.36 0.31 0.34 0.63 0.43 0.25 0.51 0.56 0.53 0.61
Profit before tax 1.53 0.83 0.98 0.89 4.11 0.71 1.11 1.65 9.77 1.08 5.16 2.97 10.77
Tax % 28.10% 25.30% 23.47% 25.84% 38.69% 49.30% 27.93% 21.21% 23.54% 23.15% 24.03% 25.25% 21.36%
1.10 0.61 0.75 0.66 2.52 0.36 0.80 1.31 7.47 0.83 3.92 2.22 8.47
EPS in Rs 0.27 0.15 0.19 0.16 0.63 0.09 0.20 0.33 1.86 0.21 0.98 0.51 1.56
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
175 356 606 471 507
174 351 597 455 491
Operating Profit 1 5 9 16 16
OPM % 1% 1% 2% 3% 3%
3 -0 -1 -1 6
Interest 0 0 0 0 0
Depreciation 1 1 1 2 2
Profit before tax 2 3 7 13 20
Tax % 33% 24% 37% 25% 25%
1 2 4 10 15
EPS in Rs 0.33 0.61 1.08 2.42 2.78
Dividend Payout % 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 12%
TTM: 8%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 40%
TTM: -3%
Stock Price CAGR
10 Years: 19%
5 Years: 0%
3 Years: 21%
1 Year: 27%
Return on Equity
10 Years: %
5 Years: %
3 Years: 7%
Last Year: 8%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 43 43 40 40 60
Reserves 134 136 136 112 182
30 13 26 1 2
70 120 113 72 140
Total Liabilities 277 313 315 225 384
10 8 7 9 12
CWIP 0 0 0 0 0
Investments 14 14 14 15 23
253 290 293 200 350
Total Assets 277 313 315 225 384

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-5 39 -30 27 -72
-9 -11 15 -5 -21
9 -17 5 -26 105
Net Cash Flow -5 10 -10 -4 12

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 138 79 61 44 50
Inventory Days 5
Days Payable 28
Cash Conversion Cycle 138 79 61 44 28
Working Capital Days 296 106 77 56 92
ROCE % 4% 6% 12% 10%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
24.26% 24.26% 24.26% 24.26% 24.26% 24.26% 24.26% 24.26% 24.26% 24.26% 22.53% 24.89%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.12% 0.00% 0.00%
75.74% 75.74% 75.74% 75.74% 75.74% 75.74% 75.74% 75.75% 75.71% 75.61% 77.47% 75.11%
No. of Shareholders 6,2846,5146,7507,1067,17210,66212,10313,19413,78214,24813,15613,370

* 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.

Click on the line-items to see the names of individual entities.

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