What is CAGR? What does CAGR table indicate for Nitin Fire Protection Industries Ltd?

Compounded average growth rate (CAGR) measures the average annual growth rate compounded year-on-year over a period of time.

Nitin Fire Protection Industries Ltd Stock Analysis

Small Cap

Evaluated by 884 users | BSE: 532854 | NSE: NITINFIRE |
Engineering - Industrial Equipments

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 companyâ€™s inception,...

10 Year X-Ray

Standalone basis Standalone basis P Consolidated basis P

Analysis of Financial Track Record

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

What is a Financial Track Record? How to read this chart in order to understand the data present here?

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'09	Mar'10	Mar'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18
Return on Capital Employed	14.92%	10.45%	16.86%	7.43%	9.65%	7.44%	7.49%	4.98%	-21.98%	-42.9%

Growth Parameters	Growth Parameters Colour Code Guide

Net Sales (Rs. Cr.)	62.8	94.2	147	163	352	455	489	460	269	55.2
Y-o-Y Gr. Rt.	-	50.1%	55.5%	11.6%	115.4%	29.4%	7.4%	-5.9%	-41.6%	-79.5%
Adjusted EPS (Rs.)	0.48	0.38	0.78	0.37	0.69	0.48	0.35	-0.01	-3.97	-6.41
Y-o-Y Gr. Rt.	-	-20.8%	105.3%	-52.6%	86.5%	-30.4%	-27.1%	-102.9%	NA	NA
Book Value per Share (Rs.)	3.47	3.69	4.27	4.67	5.09	5.06	5.5	5.69	1.03	-5.53
Adjusted Net Profit	14.3	11.1	23.1	10.8	20.2	14.2	10.2	-0.4	-116	-187
Net Op. Cash Flow (Rs. Cr.)	7.6	-28.2	-31.4	-93.8	33.2	-28.9	22.4	-33.6	135	-110
Debt to Cash Flow from Ops	0.44	-1.39	-1.52	-1.92	6.64	-8.84	13.21	-10.06	1.84	-5.06

Difference between Standalone Basis and Consolidated basis? Which method is preferred for Nitin Fire Protection Industries Ltd. ?

Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.

Nitin Fire Protection Industries Ltd. should be analysed on a Standalone basis

CAGR CAGR Colour Code Guide

	9 yrs	5 yrs	3 yrs	1 yr
Net Sales	-1.4%	-31%	-51.7%	-79.5%
Adjusted EPS	-233.4%	-256.2%	-363.6%	NA
Book Value per Share	-205.3	-201.7	-200.2	-636.9
Share Price	-36.3%	-54.7%	-45.9%	55%

Key Financial Parameter	Performance Ratio Colour Code Guide

	Mar'09	Mar'10	Mar'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18
Return on Equity (%)	14.53	10.45	19.54	8.16	13.99	9.47	6.58	-0.23	-117.89	284.72
Operating Profit Margin (%)	23.98	18.21	12.17	14.62	9.92	8.63	7.8	8.28	-25.53	-234.58
Net Profit Margin (%)	22.72	11.79	15.74	6.6	5.73	3.11	2.08	-0.08	-43.14	-339.49
Debt to Equity	0.03	0.36	0.38	1.31	1.47	1.73	1.84	2.03	8.3	-3.44
Working Capital Days	192	249	298	430	261	257	309	371	602	2,825
Cash Conversion Cycle	46	90	168	298	202	175	177	234	323	1,231

Management X-Ray

Shareholding Pattern

Entity	Percentage Holding
Promoters	59.44%
Institutions	5.47%
Non-Institutions	35.10%

Promoter's Holding & Share Pledging

Pledged ^*

34.41

31.51

23.54

22.57

21.39

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

FAQs

1. Is Nitin Fire Protection Industries Ltd a good quality company?

MoneyWorks4Me analysed the past 10-year performance of Nitin Fire Protection Industries Ltd and arrived at the following conclusion:

Past 10 year's financial track record indicates that Nitin Fire Protection Industries Ltd is a below average quality company. However, for specific investment actions please connect with your investment advisor.

2. Is current market price of Nitin Fire Protection Industries Ltd a good price to buy it?

The 5-year analysis of Nitin Fire Protection Industries Ltd's performance infers:

Nitin Fire Protection Industries Ltd earnings have declined by -256.2%, whereas share price has depreciated -54.7% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

3. What is Nitin Fire Protection Industries Ltd share price return in the past 10 years ?

We analysed the performance of Nitin Fire Protection Industries Ltd share prices over the last 10 years. Here is what we found out:

Nitin Fire Protection Industries Ltd share price has depreciated -29.9% annually over the past ten years.

About Company

Product of the company

Fire Extinguishers
Gaseous Fire
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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 - NFPILâ€™s 100% subsidiary -- Nitin Ventures FZE (UAE) -- acquired 40% stake in a Dubai-based fire protection company â€˜New Age Company LLCâ€™ 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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