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Nicco Corporation Ltd (NICCO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 590028 NSE: NICCO Cable | Small Cap | Nicco Corpn Share Price

BSE Share Price
Not Listed

Nicco Corporation Ltd (NICCO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 590028 NSE: NICCO Cable | Small Cap | Nicco Corpn Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹5 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹-3.8
TTM Sales
₹5.6 Cr.
Book Value per Share
₹-17.2
P/E Ratio
0.00
Industry PE
54.1
Price to Book (P/B)
-0.02
In line with its 5-year historical median
Price to Sales (P/S)
0.90
In line with its 5-year historical median
EV/EBITDA
-25.37
In line with its 5-year historical median
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
0.00%
Return on Capital Employed (ROCE)
0.00%
Return on Assets (ROA)
-28.59%
Operating Profit Margin
-184.5%
Net Profit Margin
-909.48%
Gross Profit Margin
-781.5%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-94.18%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
36.94%
Pledged shares (%) of Promoter's holding (%)
19.31%
Reserves
₹-254 Cr.
Equity
₹26.4 Cr.
Face Value
₹2
All Time Low / High
₹0.10 / 49.80

Nicco Corporation stock performance

Key Ratios
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10 Year X-Ray :

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.
Nicco Corporation Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation ⓘ

Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16TTM
ROCE % ⓘ13.9%16.3%-7.4%-12.6%9.1%22.9%19.7%42%0%0%-

Growth Parameters ⓘ

Sales ⓘ383436341308290289250228965.66
Sales YoY Gr.-13.7%-21.7%-9.8%-5.7%-0.4%-13.3%-9%-57.9%-94.2%-
Adj EPS ⓘ0.60.7-5.9-4.8-1.8-0.8-1.9-2.5-4-3.6-3.9
YoY Gr.-25.5%-949.3%NANANANANANANA-
BVPS (₹) ⓘ5.25.8-0.3-4.7-7.4-8.5-10.3-9.1-14-17.5-18.2
Adj Net
Profit ⓘ
56.3-53.2-45.2-20.1-8.8-21.7-32.8-53.1-49.2-51
Cash Flow from Ops. ⓘ25.132.2-513.633.628.162.5000-
Debt/CF from Ops. ⓘ6.64.7-37.8145.36.42.5000-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ-37.5%-54.6%-71.8%-94.2%
Adj EPS ⓘ-223.2%NANANA
BVPSⓘ-214.4%NANANA
Share Price - - - -

Key Financial Parameters ⓘ

Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16TTM
Return on
Equity % ⓘ
7.78.7-113.32906.780.326.34240.841.226.121.6
Op. Profit
Mgn % ⓘ
10.310.1-2.7-6.53.611.4103.7-16.2-184.5-77.7
Net Profit
Mgn % ⓘ
1.31.4-15.6-14.7-6.9-3-8.7-14.4-55.3-879.2-910.8
Debt to
Equity ⓘ
2.42.19.6-8.4-2.9-2.5-1.6-0.8-0.6-0.8-
Working Cap
Days ⓘ
1311401992212222162582544305,853409
Cash Conv.
Cycle ⓘ
6164246-15-37-63-163-3381,673-999

Valuation of Nicco Corpn - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *24.6821.4321.4321.4321.4321.4321.4319.3119.3119.31
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'15Mar'16
Sales284.80319.99397.47453.43361.27328.21301.17288.9196.045.59
Operating Expenses ⓘ + 267.42307.60355.52407.84367.15344.83288.72257.10111.5615.91
Manufacturing Costs34.4634.7043.2866.4675.6150.5633.4423.0300
Material Costs177.66205.57247.15267.49210.56230.06187.82182.8164.844.42
Employee Cost 20.4419.7222.6229.8335.6031.0932.6329.4224.615.95
Other Costs ⓘ 34.8647.6242.4744.0745.3833.1234.8321.8322.115.55
Operating Profit ⓘ 17.3812.3941.9545.58-5.87-16.6212.4531.82-15.51-10.32
Operating Profit Margin (%) 6.1%3.9%10.6%10.1%-1.6%-5.1%4.1%11.0%-16.2%-184.0%
Other Income ⓘ + 1.1020.132.723.261.583.221.661.997.174.47
Exceptional Items ⓘ 0000006.70-3.639.51-2.42
Interest ⓘ 32.0428.3421.4825.2536.4031.2734.0736.8543.4838.94
Depreciation ⓘ 8.388.338.428.738.758.155.956.094.153.66
Profit Before Tax ⓘ -21.94-4.1514.7714.86-49.45-52.83-19.22-12.77-46.46-50.87
Tax ⓘ -8.053.437.617.071.86-10.59-4.08000
Profit After Tax -13.89-7.597.167.79-51.31-42.24-15.15-12.77-46.46-50.87
PAT Margin (%) -4.9%-2.4%1.8%1.7%-14.2%-12.9%-5.0%-4.4%-48.4%-909.0%
Adjusted EPS (₹)-3.6-1.60.91.0-5.6-4.4-1.2-0.80.0-3.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%
PARTICULARSMar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'15Mar'16

Equity and Liabilities

Shareholders Fund + 46.0345.8271.8178.5225.86-14.40-18.45-29.11-151.26-204.53
Share Capital ⓘ 59.2365.6339.9839.9839.9840.7144.2244.2248.2249.22
Reserves ⓘ -13.20-19.8031.8338.53-14.12-55.11-62.67-73.33-199.48-253.75
Debt +229.42196.11167.31152.29188.23190.25161.95132.5295.51168.82
Long Term Debt229.42196.11167.31152.29188.23190.25124.4882.541.640.40
Short Term Debt00000037.4849.9893.87168.43
Minority Interest001.441.721.651.611.531.300
Trade Payables60.5981.2085.78113.67101.25143.71140.37140.27136.3064.62
Others Liabilities ⓘ -25.56-5.65-7.6515.8022.7210.5626.2370.15106.68139.72
Total Liabilities ⓘ 310.47317.48318.68362339.71331.72311.63315.14187.23168.63

Fixed Assets

Net Fixed Assets ⓘ +161.24152.06138.70130.35120.96110.76109.63103.3451.0642.63
Gross Block275.92277.23273.90276.30277.06275.05281.28283.6951.0642.63
Accumulated Depreciation114.68125.17135.20145.95156.10164.29171.65180.3500
CWIP ⓘ 0.390.150.880.240.170.200.430.7200.08
Investments ⓘ 14.318.179.1312.838.7810.9118.4821.8114.1315.51
Inventories16.1928.8820.6234.3445.7744.6033.2029.1812.4011.48
Trade Receivables90.3483.57110.30139.51115.34129.09110.1212362.3453.64
Cash Equivalents 2.2813.255.103.839.553.414.092.4323.4225.36
Others Assets ⓘ 25.7231.4133.9440.9039.1432.7635.6934.6423.8819.93
Total Assets ⓘ 310.47317.48318.68362339.71331.72311.63315.14187.23168.63
PARTICULARSMar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'15Mar'16
Cash Flow From Operating Activity ⓘ + 18.9725.8127.3535.40-4.2014.8125.7922.1600
PBT ⓘ -21.94-4.1514.7714.91-49.37-51.75-25.85-9.1300
Adjustment ⓘ 36.2020.1623.3826.8336.8429.9134.5437.5800
Changes in Working Capital ⓘ 4.4311.18-10.75-4.1811.3737.6824.18-1.8900
Tax Paid ⓘ 0.27-1.37-0.05-2.16-3.04-1.03-0.39-0.7600
Cash Flow From Investing Activity ⓘ + -0.12-1.510.32-3.963.790.696.95-2.2700
Capex 0.14-1.210.47-1.86-1.042.240.06-2.4600
Net Investments -0.43-0.50-0.38-2.424.47-1.556.700.0500
Others ⓘ 0.170.190.230.320.3600.190.1400
Cash Flow From Financing Activity ⓘ + -20.82-13.33-35.81-32.716.13-21.65-32.05-21.5500
Net Proceeds from Shares ⓘ 0.8411.9400000.60000
Net Proceeds from Borrowing ⓘ 2.720.86-28.45-15.01000000
Interest Paid ⓘ -24.36-26.13-15.56-17.70-29.80-23.66-27.37-25.1400
Dividend Paid ⓘ 0000000000
Others ⓘ -0.02-08.20035.942.02-5.283.5900
Net Cash Flow ⓘ -1.9710.96-8.14-1.275.72-6.150.68-1.6500
PARTICULARSMar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'15Mar'16
Ratios
ROE (%)-47.41-3419.914.71-169.27N/AN/AN/AN/AN/A
ROCE (%)3.639.1414.6717.1-5.87N/AN/AN/AN/AN/A
Asset Turnover Ratio11.131.391.451.11.020.990.980.410.03
PAT to CFO Conversion(x)N/AN/A3.824.54N/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days104.1089.3079.9092.20120130.90137138327.703,692.70
Inventory Days1723.1020.4020.3037.7048.4044.5036.9073.50760.30
Payable Days116.70125.90123.30136.10186.30194.30276280.20778.508,302.60

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Nicco Corporation Ltd FAQs

The current trading price of Nicco Corpn on 01-Jan-1970 05:30 is ₹0.00.

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 31-Dec-1969 the market cap of Nicco Corpn stood at ₹5.01 Cr

The latest P/E ratio of Nicco Corpn as of 31-Dec-1969 is 0.00.

The latest P/B ratio of Nicco Corpn as of 31-Dec-1969 is -0.02.

The 52-week high of Nicco Corpn is ₹0.38 and the 52-week low is ₹0.38.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Nicco Corpn is ₹5.59 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Nicco Corporation Ltd is a average quality company.

The key valuation ratios of Nicco Corporation Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

No data found

About Nicco Corporation Ltd

Nicco Corporation (NCL) established in 1942 is the flagship company of the Nicco Group.For nearly over six decades, NCL has been one of the pioneers in cable manufacturing industry. It produces a wide range of power, control, instrumentation and telecom cables and provides a spectrum of engineering services and executes turnkey projects. The company works under two divisions, viz, Project Division and Cable Division.

Amongst other services provided by the cable division, the most acknowledged is the one obtained from the Electron Beam Irradiation Technology.

The high-tech Electron Beam Irradiation Technology is a breakthrough brought about to impart and enhance vibrant colours to gems. EB radiation causes changes in the crystal ions of the gem. The complex interaction of these points causes a change in the colour of the crystal.

The crystallographic orientation also affects the shade and intensity of the colour resulting in pleochromism where the stone changes its colour thereby enhancing its value. This technology has been established for over 30 years in the international arena, Nicco pioneers this technology for the first time in India. Other benefits from this technology are PTFE (Teflon) degradation into powders for printing inks, sterilization of medical products and cross-linking of plastic/rubber O-rings (gaskets) for automobile and oil industries.

Product range of the company includes:

  • XLPE Cables
  • PVC Insulated Cables
  • Beam Irradiation Cables
  • Electron Beam Irradiation Cables
  • Building Wire
  • Instrumentation
  • Fire Survival
  • Fluoro Polymers
  • Kapton
  • Traction Conductors for Railways

Achievements/ recognition:

NCL's Project Division is an ISO 9001 certified Engineering, Procurement and Construction (EPC) contracting company serving the refining, gas handling and processing, petrochemicals & chemical process industries.

NCL's Cable Division is:

  • Accredited of ISO 9001-2000 for both Units at Shyamnagar and Baripada
  • Accredited of 14001 for Environmental Management Systems.
  • Recognition from the ministry of Science and Technology, Govt. of India for the Research and Development Cell, centred at Shyamnagar.
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