Niraj Cement Structurals Ltd

Niraj Cement Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Niraj Cement Structurals Ltd

₹ 49.4 3.78%
26 Jul - close price
niraj.co.in BSE: 532986 NSE: NIRAJ
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

Website BSE NSE
  • Market Cap ₹ 198 Cr.
  • Current Price ₹ 49.4
  • High / Low ₹ 65.0 / 30.1
  • Stock P/E 12.3
  • Book Value ₹ 38.0
  • Dividend Yield 0.00 %
  • ROCE 12.3 %
  • ROE 9.83 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Debtor days have improved from 61.7 to 44.3 days.
  • Company's working capital requirements have reduced from 80.7 days to 59.0 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 5.54% 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
45.34 67.83 63.52 65.52 159.55 80.23 106.62 105.00 314.26 99.07 111.07 126.66 134.05
44.81 67.13 62.54 64.81 156.89 79.20 105.66 104.26 307.75 97.20 108.96 122.90 125.95
Operating Profit 0.53 0.70 0.98 0.71 2.66 1.03 0.96 0.74 6.51 1.87 2.11 3.76 8.10
OPM % 1.17% 1.03% 1.54% 1.08% 1.67% 1.28% 0.90% 0.70% 2.07% 1.89% 1.90% 2.97% 6.04%
0.25 0.15 -0.01 0.32 -0.74 0.19 0.40 0.70 -1.85 -0.62 -0.34 -1.66 1.73
Interest 0.03 0.01 0.04 0.05 0.04 0.03 0.02 0.19 0.24 0.20 0.03 0.02 0.02
Depreciation 0.35 0.36 0.36 0.36 0.35 0.36 0.36 0.36 0.31 0.34 0.63 0.43 0.25
Profit before tax 0.40 0.48 0.57 0.62 1.53 0.83 0.98 0.89 4.11 0.71 1.11 1.65 9.56
Tax % 80.00% 16.67% 22.81% 22.58% 28.10% 25.30% 23.47% 25.84% 38.69% 49.30% 27.93% 21.21% 24.06%
0.09 0.41 0.44 0.48 1.10 0.61 0.75 0.66 2.52 0.36 0.80 1.31 7.26
EPS in Rs 0.02 0.10 0.11 0.12 0.27 0.15 0.19 0.16 0.63 0.09 0.20 0.33 1.81
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
175 356 606 471
174 351 597 455
Operating Profit 1 5 9 16
OPM % 1% 1% 2% 3%
3 -0 -1 -1
Interest 0 0 0 0
Depreciation 1 1 1 2
Profit before tax 2 3 7 13
Tax % 33% 24% 37% 25%
1 2 4 10
EPS in Rs 0.33 0.61 1.08 2.42
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 39%
TTM: -22%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 105%
TTM: 126%
Stock Price CAGR
10 Years: 21%
5 Years: 35%
3 Years: 2%
1 Year: 58%
Return on Equity
10 Years: %
5 Years: %
3 Years: 6%
Last Year: 10%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 43 43 43 43
Reserves 134 136 133 109
30 13 26 1
70 120 113 72
Total Liabilities 277 313 315 225
10 8 7 9
CWIP 0 0 0 0
Investments 14 14 14 15
253 290 293 200
Total Assets 277 313 315 225

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

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

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 138 79 61 44
Inventory Days 5
Days Payable 16
Cash Conversion Cycle 138 79 61 34
Working Capital Days 296 106 77 59
ROCE % 4% 6% 12%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
24.26% 24.26% 24.26% 24.26% 24.26% 24.26% 24.26% 24.26% 24.26% 24.26% 24.26% 24.26%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03%
75.74% 75.74% 75.74% 75.74% 75.74% 75.74% 75.74% 75.74% 75.74% 75.74% 75.75% 75.71%
No. of Shareholders 4,9046,3866,7696,2846,5146,7507,1067,17210,66212,10313,19413,782

* 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.

Documents

Announcements

Annual reports

DRHP