TechIndia Nirman Ltd - Stock Valuation and Financial Performance

BSE: 526576 | NSE: TECHIN | Engineering - Construction | Small Cap

TechIndia Nirman Share Price

28.68 -0.58 -1.98%
as on 19-Apr'24 16:01

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TechIndia Nirman stock performance -

mw4me loader
P/E Ratio (SA):
17.91
Market Cap:
41.9 Cr.
52-wk low:
8.2
52-wk high:
46

Is TechIndia Nirman Ltd an attractive stock to invest in?

1. Is TechIndia Nirman Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that TechIndia Nirman Ltd is a below average quality company.

2. Is TechIndia Nirman Ltd undervalued or overvalued?

The key valuation ratios of TechIndia Nirman Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is TechIndia Nirman Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of TechIndia Nirman Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of TechIndia Nirman:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
TechIndia Nirman Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -2.1%2%-0.7%-1.2%-0.1%-0.4%-0.6%-0.7%-0.7%-0.5%-
Value Creation
Index
NA-0.9NA-1.1-1.0-1.0-1.0-1.1-1.1-1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 00000000000
Sales YoY Gr.-NANANANANANANANANA-
Adj EPS -0.40.4-0.1-0.2-0.2-0.2-0.4-0.3-0.4-0.31.6
YoY Gr.-NA-135.9%NANANANANANANA-
BVPS (₹) -6.1-4.6-4.710.410.2109.69.18.78.58.3
Adj Net
Profit
-0.50.6-0.2-0.3-0.3-0.3-0.6-0.5-0.5-0.42
Cash Flow from Ops. -6.11-1.3-0.9-38.1-0.2-0.3-1.2-0.5-19.8-
Debt/CF from Ops. -1.79.3-7.8-14-1.3-231.4-184.7-46.6-107.2-3.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANANA
Adj EPS NANANANA
BVPSNA-3.7%-4.1%-2.5%
Share Price 22.6% 38.6% 123.8% 192.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-2.93-1-1.9-1.9-1.7-4.3-3.5-4.1-2.919.4
Op. Profit
Mgn %
0000000000NAN
Net Profit
Mgn %
0000000000INF
Debt to
Equity
-1.3-1.6-1.70.83.43.744.44.76-
Working Cap
Days
00000000000
Cash Conv.
Cycle
00000000000

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 19.40%

Sales growth has been subdued in last 3 years 0.00%

Debt to equity has increased versus last 3 years average to 5.95

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - TechIndia Nirman Ltd.

Standalone Consolidated
TTM EPS (₹) 1.6 -1.7
TTM Sales (₹ Cr.) 0 38.8
BVPS (₹.) 8.3 0
Reserves (₹ Cr.) -2 38
P/BV 3.53 0.00
PE 17.91 0.00
From the Market
52 Week Low / High (₹) 8.17 / 46.03
All Time Low / High (₹) 1.56 / 140.00
Market Cap (₹ Cr.) 41.9
Equity (₹ Cr.) 14.3
Face Value (₹) 10
Industry PE 40.3

Management X-Ray of TechIndia Nirman:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of TechIndia Nirman

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales0000000000
Operating Expenses 0.430.180.200.350.330.300.310.470.500.33
Manufacturing Costs0000.100.010.02000.1611.25
Material Costs000000000-11.24
Employee Cost 00.040.040.100.100.090.100.100.110.12
Other Costs 0.430.130.160.160.210.190.210.370.230.20
Operating Profit -0.43-0.18-0.20-0.35-0.33-0.30-0.31-0.47-0.50-0.33
Operating Profit Margin (%) ----------
Other Income 0.010.170.030.050.430.080.010.0300
Interest 00000.3700.27000
Depreciation 0.060.020.030.030.030.030.030.030.030.03
Exceptional Items -0.132.2800000000
Profit Before Tax -0.612.24-0.20-0.33-0.29-0.25-0.60-0.47-0.53-0.35
Tax 0000000000
Profit After Tax -0.612.24-0.20-0.33-0.29-0.25-0.60-0.47-0.53-0.35
PAT Margin (%) ----------
Adjusted EPS (₹)-0.41.6-0.1-0.2-0.2-0.2-0.4-0.3-0.4-0.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 17.5819.8219.6114.9214.6314.3813.7712.9912.4612.15
Share Capital 15.0815.0815.0814.3314.3314.3314.3314.3314.3314.33
Reserves 2.504.744.540.590.300.05-0.56-1.34-1.87-2.18
Minority Interest0000000000
Debt10.209.0410.3311.9549.9552.4554.3356.8858.4372.26
Long Term Debt0000.750.7500000
Short Term Debt10.209.0410.3311.2049.2052.4554.3356.8858.4372.26
Trade Payables0.080.060.120.110.020.010.010.030.020.08
Others Liabilities 00000.030.040.060.050.050.09
Total Liabilities 27.8628.9230.0726.9864.6366.8868.1769.9470.9684.57

Fixed Assets

Gross Block27.4727.4431.2223.8223.8223.8223.8223.4423.4423.44
Accumulated Depreciation1.121.144.951.191.221.241.271.291.321.35
Net Fixed Assets26.3626.3026.2822.6322.6122.5822.5522.1422.1222.09
CWIP 000001.933.244.815.820
Investments 0.480.480.480.480.480.480.480.260.210
Inventories00000000011.24
Trade Receivables0000000000
Cash Equivalents 0.010.010.010.020.010.010.010.060.090.16
Others Assets1.012.133.313.8541.5441.8841.8842.6742.7351.08
Total Assets 27.8628.9230.0726.9864.6366.8868.1769.9470.9684.57

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -6.080.98-1.32-0.86-38.07-0.23-0.29-1.22-0.54-19.78
PBT -0.47-0.03-0.20-0.33-0.29-0.25-0.61-0.47-0.53-0.31
Adjustment 0.39-0.1400.02-0.010.080.300.030.03-0.01
Changes in Working Capital -5.86-1.12-1.12-0.54-37.78-0.050.01-0.79-0.01-19.46
Tax Paid 00000000-0.040
Cash Flow From Investing Activity 00.180.0300.43-6.23-1.31-1.27-0.986.02
Capex 00.16000-1.93-1.310.0800
Net Investments 00000000.220.050.21
Others 00.020.0300.43-4.300-1.56-1.035.82
Cash Flow From Financing Activity 6.08-1.161.290.8637.636.461.602.551.5513.83
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000-0.360-0.27000
Dividend Paid 0000000000
Others 6.08-1.161.290.87386.461.882.551.5513.83
Net Cash Flow 0000.01-0.01000.060.030.07
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)000-8.07-1.93-1.72-4.3-3.53-4.13-2.85
ROCE (%)082.87-5.33-2.10.17-0.38-0.49-0.68-0.74-0.45
Asset Turnover Ratio0000000000
PAT to CFO Conversion(x)N/A0.44N/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days0000000000
Inventory Days0000000000
Payable Days000000000-2

TechIndia Nirman Ltd Stock News

TechIndia Nirman Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of TechIndia Nirman on 19-Apr-2024 16:01 is ₹28.68.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 19-Apr-2024 16:01 the market cap of TechIndia Nirman stood at ₹41.92.
The latest P/E ratio of TechIndia Nirman as of 19-Apr-2024 16:01 is 17.91.
The latest P/B ratio of TechIndia Nirman as of 19-Apr-2024 16:01 is 3.53.
The 52-week high of TechIndia Nirman is ₹46.03 and the 52-week low is ₹8.17.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of TechIndia Nirman is ₹0.00 ( Cr.) .

About TechIndia Nirman Ltd

Nath seeds, part of Nath Group, was incorporated as private limited company. It was converted to public limited company in October 1987. Nath seeds is one of the largest seed companies in country. It is engaged in research and breeding, production processing and marketing of high quality hybrid seeds of different crops.

The company has reported net loss of Rs 2.36 crore in the quarter ended September 2011 as against net loss of Rs 2.94 crore during the previous quarter ended September 2010.

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