Nicco Corporation Ltd - Stock Valuation and Financial Performance

BSE: 590028 | NSE: NICCO | Cable | Small Cap

BSE Share Price
Not Listed

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Nicco Corporation stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
5 Cr.
52-wk low:
0.4
52-wk high:
0.4

Is an attractive stock to invest in?

1. Is a good quality company?

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

2. Is undervalued or overvalued?

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

3. Is a good buy now?

No data found

10 Year X-Ray of Nicco Corpn:

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

Value Creation Index Colour Code Guide

Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16TTM
ROCE % 8.1%10.3%-12.8%-12.4%2.4%11.7%6.2%-9.1%56.3%38.8%-

Growth Parameters

Growth Parameters Colour Code Guide

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

CAGR Colour Code Guide

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

Performance Ratio Colour Code Guide

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

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

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

Latest Financials - Nicco Corporation Ltd.

Standalone Consolidated
TTM EPS (₹) -3.9 -3.8
TTM Sales (₹ Cr.) 5.6 5.6
BVPS (₹.) -18.2 -17.2
Reserves (₹ Cr.) -266 -254
P/BV -0.02 -0.02
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 0.38 / 0.38
All Time Low / High (₹) 0.10 / 49.80
Market Cap (₹ Cr.) 5
Equity (₹ Cr.) 26.4
Face Value (₹) 2
Industry PE 45.4

Management X-Ray of Nicco Corpn:

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 (%)

Event Update

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Analyst's Notes

Key Ratios of Nicco Corpn

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Sales383.17435.69340.96307.57289.96288.91250.44227.9796.045.59
Operating Expenses 343.59393.04350.08327.68279.57256.05226.10219.51111.5615.91
Manufacturing Costs44.0369.5972.5547.5835.0423.6619.69000
Material Costs247.26263.10205.48225.24184.64182.81154.04140.8164.844.42
Employee Cost 19.6725.8830.9926.4929.6729.3631.3032.3924.615.95
Other Costs 32.6334.4741.0628.3830.2320.2221.0646.3122.115.55
Operating Profit 39.5842.65-9.11-20.1110.3832.8724.358.46-15.51-10.32
Operating Profit Margin (%) 10.3%9.8%-2.7%-6.5%3.6%11.4%9.7%3.7%-16.2%-184.0%
Other Income 2.763.081.204.271.501.841.3177.174.47
Interest 21.2925.0436.1931.2334.0636.8541.1542.1343.4838.94
Depreciation 8.208.158.177.745.655.745.766.184.153.66
Exceptional Items 00006.70-2.93-3.1409.51-2.42
Profit Before Tax 12.8512.54-52.26-54.81-21.14-10.81-24.39-32.84-46.46-50.87
Tax 6.776.100.65-11.65-5.7300000
Profit After Tax 6.086.45-52.91-43.16-15.41-10.81-24.39-32.84-46.46-50.87
PAT Margin (%) 1.6%1.5%-15.5%-14.0%-5.3%-3.7%-9.7%-14.4%-48.4%-909.0%
Adjusted EPS (₹)0.70.7-5.8-4.6-1.4-1.0-2.1-2.5-3.5-3.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16

Equity and Liabilities

Shareholders Fund 69.7274.2619.57-22.68-28.95-42.12-66.97-97.75-162.59-217.25
Share Capital 39.9839.9839.9840.7144.2244.2244.8248.2248.2249.22
Reserves 29.7334.28-20.41-63.40-73.18-86.35-111.79-145.97-210.81-266.47
Minority Interest0000000000
Debt166.68152.22188.40190.31161.95132.5298.0281.7895.51168.82
Long Term Debt166.68152.22188.40190.31124.4882.5458.4140.551.640.40
Short Term Debt000037.4849.9839.6141.2393.87168.43
Trade Payables85.36113.2198.69140.80140.37137.84184.30181.16136.3064.62
Others Liabilities -9.9613.0622.328.8226.1765.4176.4871.22106.68139.72
Total Liabilities 311.80352.76328.97317.25299.53293.65291.84236.42175.90155.91

Fixed Assets

Gross Block257.54259.07259.68258.20258.50260.44261.1772.8351.0642.63
Accumulated Depreciation129.22139.14148.82156.98165.52173.61181.42000
Net Fixed Assets128.32119.93110.86101.2192.9886.8279.7572.8351.0642.63
CWIP 00.240.170.200.430.720.480.700.080.08
Investments 21.7621.7221.5917.5424.3317.194.493.702.802.80
Inventories19.1432.8043.9242.5633.2029.1825.3022.3912.4011.48
Trade Receivables106.32136.71112.06125.58110.11122.93131.3899.8462.3453.64
Cash Equivalents 4.142.903.832.583.832.2713.4114.8523.4225.36
Others Assets32.1138.4436.5527.5834.6634.5437.0322.1123.7919.93
Total Assets 311.80352.76328.97317.25299.53293.65291.84236.42175.90155.91

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'16
Cash Flow From Operating Activity 18.6325.2825.1432.21-4.9913.6033.5728.1162.470
PBT -233.6312.8512.54-52.26-54.81-27.84-8.74-21.890
Adjustment 36.2310.6323.0826.3036.5129.3234.2943.3148.130
Changes in Working Capital 5.0111.44-11.61-5.5312.4239.1119.12-5.6840.650
Tax Paid 0.39-0.430.82-1.09-1.65-0.021.302.15-1.280
Cash Flow From Investing Activity 0.44-0.711.77-1.37-0.516.87-0.22-2.0611.900
Capex 0.34-0.911.67-1.89-0.772.68-0.67-2.25-0.220
Net Investments 0.080.06-0.050.260.124.050.300.0511.940
Others 0.020.140.150.260.150.140.140.140.180
Cash Flow From Financing Activity -20.95-13.77-35.61-32.086.42-21.71-32.10-27.62-63.240
Net Proceeds from Shares 0.8411.9400000.6001.810
Net Proceeds from Borrowing 2.560.36-28.41-14.46000000
Interest Paid -23.43-26.07-15.48-17.62-29.76-23.63-27.36-31.21-37.400
Dividend Paid 0000000000
Others -0.9208.29036.181.91-5.343.59-27.650
Net Cash Flow -1.8810.80-8.70-1.240.93-1.241.25-1.5611.130
PARTICULARSMar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Ratios
ROE (%)17.4912.94-211.3N/AN/AN/AN/AN/AN/AN/A
ROCE (%)13.9216.26-7.4N/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio1.371.441.080.9911.040.920.920.50.03
PAT to CFO Conversion(x)3.063.92N/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days80931241351401381721742873,693
Inventory Days202038494537373662760
Payable Days1231381881942782783824748948,303

Nicco Corporation Ltd Stock News

Nicco Corporation Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing 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 01-Jan-1970 05:30 the market cap of Nicco Corpn stood at ₹5.01.
The latest P/E ratio of Nicco Corpn as of 01-Jan-1970 05:30 is 0.00.
The latest P/B ratio of Nicco Corpn as of 01-Jan-1970 05:30 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.) .

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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