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Nitin Fire Protection Industries Ltd (NITINFIRE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532854 NSE: NITINFIRE Engineering - Industrial Equipments | Small Cap | Nitin Fire Protectn Share Price

₹1.82 0.00 (0.00%)

As on 10-Feb'22 18:01

Nitin Fire Protection Industries Ltd (NITINFIRE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532854 NSE: NITINFIRE Engineering - Industrial Equipments | Small Cap | Nitin Fire Protectn Share Price

₹1.82 0.00 (0.00%)

As on 10-Feb'22 18:01

Key Metrics
Valuation Multiples
Market Cap
₹53 Cr.
Current Price
₹1.8
52-Week Low / High
₹2 / 2
TTM EPS
₹-4.1
TTM Sales
₹4.4 Cr.
Book Value per Share
₹-13.2
P/E Ratio
0.00
Industry PE
56
Price to Book (P/B)
-0.14
Price to Sales (P/S)
12.11
EV/EBITDA
-212.79
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
0.00%
Return on Capital Employed (ROCE)
0.00%
Return on Assets (ROA)
13.57%
Operating Profit Margin
-233.8%
Net Profit Margin
110.36%
Gross Profit Margin
48.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-34.08%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
43.15%
Pledged shares (%) of Promoter's holding (%)
14.59%
Reserves
₹-443 Cr.
Equity
₹58.5 Cr.
Face Value
₹2
All Time Low / High
₹0.31 / 66.75

Nitin Fire Protection Industries stock performance

Key Ratios
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10 Year X-Ray : Login to view analysis.

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.
Nitin Fire Protection Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 8.9%-20.8%-38.6%-284%0%0%0%0%0%0%-
Value Creation
Index
-0.4-2.5NANANANANANANANA-

Growth Parameters

Sales 46026955.220.724.712.74.44.742.74
Sales YoY Gr.--41.6%-79.5%-62.5%19.4%-48.7%-65.4%7.1%-14.5%-34.1%-
Adj EPS -0-4-6.6-16.8-8.3-2.3-4.3-0.7-0.3-0-4.1
YoY Gr.-NANANANANANANANANA-
BVPS (₹) 5.71-5.5-22.8-30.3-32.8-36.9-37.1-37.3-0.5-13.2
Adj Net
Profit
-0.4-116-192-491-243-67-126-19-7.6-0.1-121
Cash Flow from Ops. -33.6135-11017.720831.1122-1.3-4.2-30.6-
Debt/CF from Ops. -10.11.8-5.131.62.819.34.9-473.5-141.80-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -43.6%-36%-15.5%-34.1%
Adj EPS NANANANA
BVPS-175.6%NANANA
Share Price -24.9% 15.1% - -

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-0.2-117.9292.4118.631.37.312.41.80.7060.7
Op. Profit
Mgn %
8.3-25.5-247.7-1991.3-270-43.9-252.1-524-132-233.8-28.6
Net Profit
Mgn %
-0.1-43.1-348.7-2372.8-982.5-529-2869.7-404.4-188.7-1.8-2749.4
Debt to
Equity
28.3-3.4-0.8-0.7-0.6-0.6-0.6-0.600
Working Cap
Days
3716022,8254,1622071132383164841,378211
Cash Conv.
Cycle
2343231,2312,104-327-1,300-3,103-3,399-2,531-1,757186

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales460.36268.7455.2020.7024.7112.674.394.704.022.65
Operating Expenses + 422.23348.29192.18477.0294.8826.2315.4729.339.338.86
Manufacturing Costs2.162.142.322.530.960.230.230.310.330.29
Material Costs398.85256.3059.6575.6020.7310.043.062.614.991.20
Employee Cost 8.038.257.847.144.703.142.021.961.941.85
Other Costs 13.2081.60122.36391.7468.4812.8210.1624.442.075.52
Operating Profit 38.13-79.55-136.98-456.32-70.17-13.56-11.07-24.63-5.31-6.20
Operating Profit Margin (%) 8.3%-29.6%-248.0%-2,205.0%-284.0%-107.0%-252.0%-524.0%-132.0%-233.0%
Other Income + 10.943.0511.6448.95376.738.2322.392.827.76
Exceptional Items 000000-0.02-0.0600
Interest 34.7242.6761.6996.24186.1163.35117.030.503.680.27
Depreciation 6.564.704.421.581.230.830.740.680.270.12
Profit Before Tax 7.79-123.87-191.45-505.20-220.51-71-120.64-3.48-6.441.17
Tax 2.35-0.270.520.02-0.471.63000-1.76
Profit After Tax 5.44-123.60-191.97-505.22-220.04-72.63-120.64-3.49-6.442.93
PAT Margin (%) 1.2%-46.0%-347.0%-2,441.2%-890.0%-573.0%-2,745.9%-74.2%-160.0%110.4%
Adjusted EPS (₹)0.2-4.2-6.6-17.3-7.5-2.5-4.1-0.1-0.20.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Nitin Fire Protectn - Standalone

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

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 166.7129.97-161.61-666.73-886.48-959.11-1,079.75-1,083.17-1,090.03-13.58
Share Capital 58.4558.4558.4558.4558.4558.4558.4558.4558.4558.45
Reserves 108.26-28.48-220.06-725.18-944.93-1,017.56-1,138.20-1,141.63-1,148.49-72.03
Debt +326.51230.17540.06521.86533.11588.77588.97591.84594.430
Long Term Debt57.323924.600000000
Short Term Debt269.18191.18515.46521.86533.11588.77588.97591.84594.430
Minority Interest0000000000
Trade Payables67.59205.9295.6743.8252.9957.2758.7362.4267.110.38
Others Liabilities 27.0831.3553.49156.27330.77338.96455.99454.29448.7436.11
Total Liabilities 587.89497.42527.6155.2230.4025.8923.9525.3820.2422.92

Fixed Assets

Net Fixed Assets +37.6133.0222.8620.7117.5116.6815.9411.035.462.96
Gross Block53.1337.7139.0937.9037.9037.9037.9031.4819.5915.92
Accumulated Depreciation15.524.7016.2317.1920.3921.2221.9620.4514.1312.95
CWIP 1.621.9900000000
Investments 57.5453.8353.459.506.044.484.484.244.244.24
Inventories134.7489.1865.342.270.340.670.281.030.300.84
Trade Receivables278.26252.93184.5718.151.691.931.824.304.275.96
Cash Equivalents 10.972.172.721.622.241.501.014.485.500.71
Others Assets 67.1464.29198.682.972.580.620.420.300.468.20
Total Assets 587.89497.42527.6155.2230.4025.8923.9525.3820.2422.92

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -33.56135.05-109.6117.74208.4531.11122.10-1.27-4.22-30.60
PBT 7.79-123.87-191.45-505.20-220.51-71-120.64-3.49-6.441.17
Adjustment 35.49113.90170.73493.76208.1765.58117.802.433.54-7.23
Changes in Working Capital -75.39144.76-89.1228.5220.7138.37125.06-0.19-1.32-24.55
Tax Paid -1.450.260.220.680.07-1.84-0.12-0.0200.01
Cash Flow From Investing Activity + -16.092.2713.2923.68-1.260.7104.295.576.72
Capex -22.50-1.020.480-1.58004.245.296.64
Net Investments 0030.540.210.64-0.04000
Others 6.403.309.8123.140.120.070.040.050.280.08
Cash Flow From Financing Activity + 2.01-142.3596.76-42.51-206.67-31.92-122.640.41-4.8523.88
Net Proceeds from Shares 00000000035.78
Net Proceeds from Borrowing 42.36-10.76-18.01-0.310-29.080000
Interest Paid -33.25-44.10-39.6916.52-186.11-63.35-117.03-0.50-3.68-0.27
Dividend Paid -5.84-0.010-0.01-0.0200000
Others -1.26-87.49154.46-58.71-20.5360.51-5.610.91-1.16-11.63
Net Cash Flow -47.64-5.030.44-1.100.52-0.09-0.533.43-3.49-0

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)3.33-126.03N/AN/AN/AN/AN/AN/AN/AN/A
ROCE (%)8.85-20.75N/AN/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio0.780.50.110.070.580.450.180.190.180.12
PAT to CFO Conversion(x)-6.17N/AN/AN/AN/AN/AN/AN/AN/A-10.44
Working Capital Days
Receivable Days210.90360.601,445.501,787.70146.6052.20155.60237.60389.10703.70
Inventory Days100.50152510.60596.3019.3014.5039.3050.8060.6078.90
Payable Days80.60194.80922.70336.70852.202,004.606,914.108,474.804,737.600

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *61.2561.2561.2561.2561.2561.2561.2561.2561.2214.59
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Nitin Fire Protection Industries Ltd FAQs

The current trading price of Nitin Fire Protectn on 10-Feb-2022 18:01 is ₹1.82.

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 09-Feb-2022 the market cap of Nitin Fire Protectn stood at ₹53.19 Cr

The latest P/E ratio of Nitin Fire Protectn as of 09-Feb-2022 is 0.00.

The latest P/B ratio of Nitin Fire Protectn as of 09-Feb-2022 is -0.14.

The 52-week high of Nitin Fire Protectn is ₹1.82 and the 52-week low is ₹1.82.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Nitin Fire Protectn is ₹4.39 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Nitin Fire Protection Industries Ltd is a below average quality company.

The key valuation ratios of Nitin Fire Protection Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

No data found

About Nitin Fire Protection Industries Ltd

Nitin Fire Protection Industries (NFPIL) is a leading fire protection, safety, securities and intelligent building management system, high pressure seamless cylinder and refuelling systems company in India. It has been operational for the past two decades. Since the company’s inception, its chairman who has experience in this field has streamed the company’s growth and its profit.

Product of the company

  • Fire Extinguishers
  • Gaseous Fire Suppression Systems
  • Fire Fighting Equipment
  • Fire Detection & Alarm Systems
  • Security Systems
  • High Pressure Seamless Cylinders
  • CNG Cascades
  • Cryogenic Tanks

Certification and Awards

  • ISO 9001 : 2000
  • Loss Prevention Certification

Subsidiaries

  • Alert-Fire Protection Systems
  • Eurotech Corporation
  • Eurotech Cylinders
  • Logicon building Systems
  • Nitin Cylinders
  • Nitin Ventures FZE

Milestones

  • 1980 - Nitin Industries was founded by Nitin Shah, who started the business with manufacturing of fire extinguishers and fire fighting equipment. The company continued its journey by gaining expertise in the field of fire fighting equipments, fire detection & protection.
  • 1995 - After the flourishing presence in the industry for more than a decade, Nitin Industries name was changed to Nitin Fire Protection Industries (NFPIL). The new company took over as a rising industry with all the assets and liabilities of Nitin Industries.
  • 1996 - NFPIL was the first company in India to have its own refilling station for Halon 1301, Halon 1211, FM200, duly approved by Chief Controller of Explosives (CCOE), Nagpur, India.
  • 2004 - NFPIL is associated with Beijing Tianhai Industry Company Ltd. (BTIC), China for contract manufacturing of high-pressure seamless cylinders for industrial gases viz. oxygen, nitrogen, argon, hydrogen, etc, compressed natural gas (CNG), fire fighting applications and beverage use. BTIC has the manufacturing capacity of 1.5 million high-pressure seamless cylinders per annum. The fruitful association has strengthened in the years and NFPIL is one of the leaders in the field of high-pressure seamless cylinders.
  • 2006 - NFPIL diversified into the compressed natural gas (CNG) sector by laying the foundation of one of its group company named Nitin Cylinders, a manufacturer of high-pressure seamless cylinders, having manufacturing facility at Vishakapatnam SEZ, Andhra Pradesh was incorporated in September 2006.
  • 2007 - NFPIL has joined with major petroleum companies, which are engaged in exploration and prospecting of crude oil block in Rajasthan under the New Exploration and Licensing Policy (NELP - VI) of the Union government.
  • 2008 - NFPIL’s 100% subsidiary -- Nitin Ventures FZE (UAE) -- acquired 40% stake in a Dubai-based fire protection company ‘New Age Company LLC’ a professional fire protection engineering company providing equipment, fire protection system, fire detection system, emergency lighting system, water mist fire protection system, etc. with over three decades of experience and wide range of installed base. New Age Company LLC was established in 1976 at UAE and having office and representation in Abu Dhabi, Dubai, Sharjah, with experience in Installation in all seven emirates.
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