Nalwa Sons Investments Ltd

Nalwa Sons Investments Ltd

₹ 3,353 -0.76%
19 Apr - close price
About

Nalwa Sons Investments Ltd is a non-NBFC Company engaged in the business of investing in shares and granting loans to the group companies. [1]

Key Points

Company History
The Co. was known as Jindal Strips, it was initially formed and promoted by Shri. O.P. Jindal and associates for manufacturing HR Steel Strips at Hisar, Haryana. As a part of restructuring the company, Jindal Strips has demerged its Stainless Steel division to Jindal Stainless Steel Ltd & Jindal Strips was registered as an NBFC Company. In FY20 the Co.changed the nature of its business from NBFC to Non-NBFCs.[1]

  • Market Cap 1,723 Cr.
  • Current Price 3,353
  • High / Low 3,880 / 2,070
  • Stock P/E 29.0
  • Book Value 20,600
  • Dividend Yield 0.00 %
  • ROCE 1.57 %
  • ROE 1.14 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.16 times its book value
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 60.7% CAGR over last 5 years
  • Company's working capital requirements have reduced from 173 days to 113 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 1.07% 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: Finance Industry: Finance & Investments

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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
8 7 16 59 6 12 8 97 18 10 25 27 26
5 1 1 11 1 4 -5 1 12 1 1 1 5
Operating Profit 3 6 15 48 6 8 13 96 7 8 24 26 20
OPM % 34% 90% 94% 81% 89% 63% 166% 99% 36% 87% 95% 96% 79%
1 0 -0 1 3 0 -0 0 1 0 0 1 0
Interest -0 -0 -0 -0 -0 -0 0 0 0 0 0 -0 -0
Depreciation -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Profit before tax 4 6 15 49 9 8 12 97 7 8 24 26 21
Tax % 14% -24% 24% 20% 4% 7% 25% 25% 24% 30% 31% 21% 16%
3 8 11 39 8 7 9 72 6 6 17 21 17
EPS in Rs 6.72 15.05 21.71 76.09 16.24 14.58 13.78 140.53 11.41 11.29 33.88 38.88 33.55
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
33 31 37 31 30 34 36 43 59 67 97 134 87
5 3 1 17 6 12 26 19 50 21 17 8 9
Operating Profit 28 29 36 13 24 22 10 24 9 46 80 125 78
OPM % 85% 92% 98% 43% 80% 65% 29% 56% 16% 68% 82% 94% 90%
-0 0 0 0 1 0 0 60 0 2 -0 -0 1
Interest 0 0 0 0 0 0 0 0 0 0 -0 1 1
Depreciation -0 -0 -0 -0 -0 -0 -0 0 0 0 0 0 0
Profit before tax 28 29 36 13 24 22 11 84 9 48 80 124 79
Tax % 18% 19% 20% 9% 23% 18% 19% 7% -110% 9% 18% 26%
22 23 29 12 19 18 8 79 19 43 66 93 60
EPS in Rs 0.92 44.66 55.49 23.54 36.53 36.47 22.21 151.96 38.18 83.74 128.64 177.02 117.60
Dividend Payout % -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: 16%
5 Years: 30%
3 Years: 31%
TTM: -35%
Compounded Profit Growth
10 Years: 15%
5 Years: 61%
3 Years: 67%
TTM: -35%
Stock Price CAGR
10 Years: 18%
5 Years: 26%
3 Years: 39%
1 Year: 61%
Return on Equity
10 Years: 2%
5 Years: 1%
3 Years: 1%
Last Year: 1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 5 5 5 5 5 5 5 5 5 5 5 5 5
Reserves 348 369 307 318 334 354 365 443 3,182 5,101 7,934 7,988 10,575
25 27 30 31 33 32 33 1 2 -0 -0 -0 -0
20 21 43 43 44 44 42 32 208 663 1,477 1,448 2,193
Total Liabilities 398 422 385 397 416 436 445 481 3,397 5,769 9,417 9,442 12,773
0 0 0 0 0 -0 -0 0 0 0 0 0 0
CWIP -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Investments 217 217 151 167 197 232 235 254 3,141 5,492 9,079 9,081 12,386
182 205 234 230 220 203 210 227 256 277 338 361 387
Total Assets 398 422 385 397 416 436 445 481 3,397 5,769 9,417 9,442 12,773

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
1 -6 12 17 18 24 22 25 20 50 42 72
-0 -0 -13 -18 -19 -26 -13 -3 -20 -48 -41 -68
3 2 3 1 2 -1 0 -31 0 -2 -0 -1
Net Cash Flow 4 -4 1 1 1 -2 10 -10 -0 0 1 4

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 42 55 31 27 91 30 26 -0 0 -0 -0 -0
Inventory Days 676 197 147 1,142 1,368 1,252 764
Days Payable 1,158 330 331 -0 -0 2 1
Cash Conversion Cycle 42 55 31 27 -391 -103 -158 1,142 1,368 1,249 763 -0
Working Capital Days 1,840 2,240 1,828 2,436 1,908 1,244 1,083 1,229 363 232 175 113
ROCE % 7% 7% 9% 4% 6% 5% 2% 10% 0% 1% 1% 2%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
55.61% 55.61% 55.61% 55.61% 55.61% 55.62% 55.61% 55.61% 55.61% 55.61% 55.61% 55.62%
5.27% 5.27% 5.27% 5.20% 5.00% 4.96% 4.95% 5.08% 5.10% 4.92% 4.84% 5.02%
0.62% 0.62% 0.62% 0.61% 0.62% 0.61% 0.61% 0.61% 0.61% 0.61% 0.60% 0.05%
38.50% 38.50% 38.50% 38.57% 38.77% 38.82% 38.83% 38.69% 38.67% 38.86% 38.93% 39.32%
No. of Shareholders 19,09819,13919,18119,70320,28920,23723,92223,56123,07823,79523,56324,116

* 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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