Niraj Cement Structurals Ltd

Niraj Cement Structurals Ltd

₹ 43.4 0.12%
19 Apr - 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 174 Cr.
  • Current Price 43.4
  • High / Low 65.0 / 27.2
  • Stock P/E 12.2
  • Book Value 44.2
  • Dividend Yield 0.00 %
  • ROCE 6.00 %
  • ROE 4.02 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.98 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 77.0 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 24.3%

* 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

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
18.38 45.34 67.83 63.52 65.52 159.55 80.23 106.62 105.00 314.26 99.07 111.07 126.66
20.28 44.81 67.13 62.54 64.81 156.89 79.20 105.66 104.26 307.75 97.20 108.96 122.90
Operating Profit -1.90 0.53 0.70 0.98 0.71 2.66 1.03 0.96 0.74 6.51 1.87 2.11 3.76
OPM % -10.34% 1.17% 1.03% 1.54% 1.08% 1.67% 1.28% 0.90% 0.70% 2.07% 1.89% 1.90% 2.97%
2.45 0.25 0.15 -0.01 0.32 -0.74 0.19 0.40 0.70 -1.85 -0.62 -0.34 -1.66
Interest 0.05 0.03 0.01 0.04 0.05 0.04 0.03 0.02 0.19 0.24 0.20 0.03 0.02
Depreciation 0.36 0.35 0.36 0.36 0.36 0.35 0.36 0.36 0.36 0.31 0.34 0.63 0.43
Profit before tax 0.14 0.40 0.48 0.57 0.62 1.53 0.83 0.98 0.89 4.11 0.71 1.11 1.65
Tax % 57.14% 80.00% 16.67% 22.81% 22.58% 28.10% 25.30% 23.47% 25.84% 38.69% 49.30% 27.93% 21.21%
0.07 0.09 0.41 0.44 0.48 1.10 0.61 0.75 0.66 2.52 0.36 0.80 1.31
EPS in Rs 0.02 0.02 0.10 0.11 0.12 0.27 0.15 0.19 0.16 0.63 0.09 0.20 0.33
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 TTM
175 356 606 651
174 351 597 637
Operating Profit 1 5 9 14
OPM % 1% 1% 2% 2%
3 -0 -1 -4
Interest 0 0 0 0
Depreciation 1 1 1 2
Profit before tax 2 3 7 8
Tax % 33% 24% 37%
1 2 4 5
EPS in Rs 0.33 0.61 1.08 1.25
Dividend Payout % 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 44%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 111%
Stock Price CAGR
10 Years: 24%
5 Years: 20%
3 Years: 2%
1 Year: 57%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 43 43 43 43
Reserves 134 136 133 135
30 13 26 2
70 120 113 112
Total Liabilities 277 313 315 291
10 8 7 6
CWIP 0 0 0 0
Investments 14 14 14 15
253 290 293 270
Total Assets 277 313 315 291

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

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

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023
Debtor Days 138 79 61
Inventory Days
Days Payable
Cash Conversion Cycle 138 79 61
Working Capital Days 296 106 77
ROCE % 4% 6%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 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%
75.74% 75.74% 75.74% 75.74% 75.74% 75.74% 75.74% 75.74% 75.74% 75.74% 75.74% 75.75%
No. of Shareholders 4,1224,9046,3866,7696,2846,5146,7507,1067,17210,66212,10313,194

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