Niraj Ispat Industries Ltd
₹ 414
4.99%
27 Jun
- close price
About
Incorporated in 1985, Niraj Ispat Industries Ltd
is in the business of manufacturing of Polyester Buttons[1]
Key Points
- Market Cap ₹ 24.8 Cr.
- Current Price ₹ 414
- High / Low ₹ 414 / 186
- Stock P/E 18.5
- Book Value ₹ 238
- Dividend Yield 0.00 %
- ROCE 10.8 %
- ROE 9.82 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -5.74% over past five years.
- Company has a low return on equity of 10.2% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.1.06 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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4.12 | 6.74 | 6.83 | 7.05 | 6.52 | 5.96 | 5.00 | 3.56 | 4.87 | 5.57 | 3.26 | 3.72 | |
3.36 | 5.45 | 5.43 | 5.51 | 5.32 | 5.04 | 4.38 | 3.26 | 4.09 | 3.86 | 2.79 | 2.82 | |
Operating Profit | 0.76 | 1.29 | 1.40 | 1.54 | 1.20 | 0.92 | 0.62 | 0.30 | 0.78 | 1.71 | 0.47 | 0.90 |
OPM % | 18.45% | 19.14% | 20.50% | 21.84% | 18.40% | 15.44% | 12.40% | 8.43% | 16.02% | 30.70% | 14.42% | 24.19% |
0.36 | 0.40 | 0.52 | 0.73 | 0.62 | 0.48 | 0.60 | 0.49 | 0.46 | 0.70 | 0.81 | 1.06 | |
Interest | 0.41 | 0.34 | 0.31 | 0.36 | 0.24 | 0.25 | 0.14 | 0.05 | 0.06 | 0.01 | 0.01 | 0.01 |
Depreciation | 0.38 | 0.31 | 0.24 | 0.30 | 0.31 | 0.30 | 0.30 | 0.29 | 0.17 | 0.17 | 0.17 | 0.17 |
Profit before tax | 0.33 | 1.04 | 1.37 | 1.61 | 1.27 | 0.85 | 0.78 | 0.45 | 1.01 | 2.23 | 1.10 | 1.78 |
Tax % | 30.30% | 29.81% | 29.93% | 31.06% | 24.41% | 22.35% | 30.77% | 24.44% | 25.74% | 25.11% | 27.27% | 24.72% |
0.23 | 0.72 | 0.96 | 1.11 | 0.96 | 0.66 | 0.52 | 0.35 | 0.75 | 1.67 | 0.81 | 1.34 | |
EPS in Rs | 18.50 | 16.00 | 11.00 | 8.67 | 5.83 | 12.50 | 27.83 | 13.50 | 22.33 | |||
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -6% |
5 Years: | -6% |
3 Years: | -9% |
TTM: | 14% |
Compounded Profit Growth | |
---|---|
10 Years: | 6% |
5 Years: | 21% |
3 Years: | 21% |
TTM: | 65% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 9% |
3 Years: | 10% |
Last Year: | 10% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 |
Reserves | 3.56 | 4.58 | 5.54 | 6.65 | 7.61 | 8.27 | 8.79 | 9.14 | 9.89 | 11.56 | 12.37 | 13.71 |
3.17 | 6.08 | 7.09 | 6.07 | 6.50 | 6.31 | 3.47 | 3.07 | 1.37 | 1.38 | 1.45 | 4.56 | |
1.40 | 1.71 | 2.43 | 2.56 | 1.77 | 1.12 | 1.24 | 1.36 | 2.20 | 1.35 | 1.01 | 1.23 | |
Total Liabilities | 8.73 | 12.97 | 15.66 | 15.88 | 16.48 | 16.30 | 14.10 | 14.17 | 14.06 | 14.89 | 15.43 | 20.10 |
2.13 | 1.86 | 2.65 | 2.85 | 2.54 | 2.36 | 2.05 | 1.80 | 1.65 | 1.48 | 1.30 | 1.16 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.02 | 0.02 | 0.02 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.24 | 0.25 | 0.26 |
6.58 | 11.09 | 12.99 | 12.80 | 13.71 | 13.71 | 11.82 | 12.14 | 12.18 | 13.17 | 13.88 | 18.68 | |
Total Assets | 8.73 | 12.97 | 15.66 | 15.88 | 16.48 | 16.30 | 14.10 | 14.17 | 14.06 | 14.89 | 15.43 | 20.10 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.22 | 1.01 | -0.53 | 0.10 | 2.33 | 0.06 | 1.23 | -0.73 | -0.88 | -4.12 | |||
-0.50 | 0.00 | 0.44 | 0.36 | 0.60 | 0.45 | 0.44 | 0.69 | 0.82 | 1.03 | |||
0.70 | -1.38 | 0.18 | -0.44 | -2.97 | -0.45 | -1.76 | 0.00 | 0.05 | 3.11 | |||
Net Cash Flow | -0.02 | -0.37 | 0.09 | 0.02 | -0.05 | 0.05 | -0.09 | -0.05 | 0.00 | 0.02 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 94.79 | 38.45 | 58.78 | 29.51 | 45.90 | 60.02 | 44.53 | 69.72 | 62.21 | 48.49 | 43.67 | 57.89 |
Inventory Days | 247.53 | 17.99 | 51.69 | 34.90 | 23.55 | 11.03 | 34.09 | 43.37 | 31.25 | 30.42 | 59.77 | 54.15 |
Days Payable | 152.43 | 99.39 | 190.94 | 149.96 | 98.12 | 56.24 | 98.00 | 159.01 | 201.25 | 128.28 | 157.95 | 172.47 |
Cash Conversion Cycle | 189.89 | -42.95 | -80.46 | -85.55 | -28.66 | 14.81 | -19.38 | -45.92 | -107.79 | -49.37 | -54.52 | -60.43 |
Working Capital Days | 453.59 | 476.56 | 531.73 | 518.25 | 668.98 | 769.81 | 774.53 | 1,100.13 | 750.24 | 778.49 | 1,446.56 | 1,713.15 |
ROCE % | 9.91% | 13.23% | 14.84% | 10.77% | 7.36% | 6.56% | 3.90% | 8.67% | 17.64% | 8.01% | 10.75% |
Documents
Announcements
-
Price movement
23 June 2025 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …
-
Disclosure under SEBI Takeover Regulations
18 June 2025 - Promoters disclose no encumbrance on shares for FY ended March 31, 2025 as per SEBI regulations.
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Updates
10 June 2025 - Fine paid for delayed appointment of qualified Company Secretary; compliance now rectified.
-
Copy of Newspaper Publication
30 May 2025 - Niraj Ispat published audited financial results for quarter and year ended March 31, 2025.
-
Updates
29 May 2025 - Niraj Ispat exempt from SEBI secretarial compliance report for FY2025 due to low capital and net worth.
Business Overview:[1]
NIIL manufactures polyester buttons in two or four thread holes. These buttons are used in dresses, sweaters, pouches and shirts, and can be availed in a variety of colours, sizes, and
designs. These buttons are used in residential and commercial sectors