Is Nitin Fire Protection Industries Ltd (NITINFIRE) a good quality company?

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

Is Nitin Fire Protection Industries Ltd (NITINFIRE) undervalued or overvalued?

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 .

What is Nitin Fire Protection Industries Ltd (NITINFIRE) share price return in the past 10 years?

Nitin Fire Protection Industries Ltd share price has declined -25.3% annually (CAGR) over the past ten years.

What is the share price of Nitin Fire Protection Industries Ltd (NITINFIRE)?

Company share prices are keep on changing according to the market conditions. The current trading price of Nitin Fire Protection Industries Ltd (NITINFIRE) on 10-Feb-2022 18:01:39 at 18:01 is 1.82.

What is the P/E ratio of Nitin Fire Protection Industries?

The latest standalone P/E ratio of Nitin Fire Protection Industries as of 10-Feb-2022 is 0.00.

What is the P/B ratio of Nitin Fire Protection Industries Ltd (NITINFIRE)?

The latest standalone P/B ratio of Nitin Fire Protection Industries Ltd (NITINFIRE) as of 10-Feb-2022 is -0.14.

What is the 52-week high and low of Nitin Fire Protection Industries Ltd (NITINFIRE)?

The 52-week high of Nitin Fire Protection Industries Ltd (NITINFIRE) is Rs. 1.82 and the 52-week low is Rs. 1.82.

Nitin Fire Protection Industries Ltd (NITINFIRE) Share Analysis – Quality, Growth & Valuation Zone & DeciZen Rating

Name: Nitin Fire Protection Industries Ltd (NITINFIRE)
Brand: Nitin Fire Protection Industries

Nitin Fire Protection Industries Ltd (NITINFIRE) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Nitin Fire Protection Industries Ltd (NITINFIRE)

BSE: 532854 NSE: NITINFIRE

Key Metrics

Market Cap

₹53 Cr.

P/E Ratio

0.00

Price to Book (P/B)

-0.14

Price to Sales (P/S)

12.11

EV/EBITDA

-212.79

Return on Capital Employed (ROCE)

0.00%

Current Price

₹1.8

Return on Equity (ROE)

0.00%

Return on Assets (ROA)

13.57%

Operating Profit Margin

-233.8%

Net Profit Margin

110.36%

Gross Profit Margin

48.4%

Book Value per Share

₹-13.2

Sales Growth (YoY)

-34.08%

Sales Growth (3 Years)

-15.49%

Operating Profit Growth (1 Year)

NA%

Operating Profit Growth (3 Years)

N/A%

Net Profit Growth (1 Year)

NA%

52-Week Low / High

₹2 / 2

Net Profit Growth (3 Years)

N/A%

Dividend Yield

0.00%

Promoter Holding

43.15%

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

14.59%

DeciZen - make an informed investing decision on Nitin Fire Protectn

Based on:

Data

M-Cap below 100cr DeciZen not available

Nitin Fire Protection Industries stock performance

Key Ratios

Is an attractive stock to invest in?

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	8.9%	-20.8%	-38.6%	-284%	0%	0%	0%	0%	0%	0%	-
Value Creation Index ⓘ	-0.4	-2.5	NA	NA	NA	NA	NA	NA	NA	NA	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	460	269	55.2	20.7	24.7	12.7	4.4	4.7	4	2.7	4
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.	-	NA	NA	NA	NA	NA	NA	NA	NA	NA	-
BVPS (₹) ⓘ	5.7	1	-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. ⓘ	-33.6	135	-110	17.7	208	31.1	122	-1.3	-4.2	-30.6	-
Debt/CF from Ops. ⓘ	-10.1	1.8	-5.1	31.6	2.8	19.3	4.9	-473.5	-141.8	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-43.6%	-36%	-15.5%	-34.1%
Adj EPS ⓘ	NA	NA	NA	NA
BVPSⓘ	-175.6%	NA	NA	NA
Share Price	-25.3%	24.9%	-	-

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	-0.2	-117.9	292.4	118.6	31.3	7.3	12.4	1.8	0.7	0	60.7
Op. Profit Mgn % ⓘ	8.3	-25.5	-247.7	-1991.3	-270	-43.9	-252.1	-524	-132	-233.8	-79.1
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 ⓘ	2	8.3	-3.4	-0.8	-0.7	-0.6	-0.6	-0.6	-0.6	0	-
Working Cap Days ⓘ	371	602	2,825	4,162	207	113	238	316	484	1,378	68
Cash Conv. Cycle ⓘ	234	323	1,231	2,104	-327	-1,300	-3,103	-3,399	-2,531	-1,757	72

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	-4.1	-5.7
TTM Sales (₹ Cr.)	4.4	888
BVPS (₹) ⓘ	-13.2	11.8
Reserves (₹ Cr.) ⓘ	-443	286
P/BV ⓘ	-0.14	0.15
PE ⓘ	0.00	0.00

From the Market
52 Week Low / High (₹)	1.82 / 1.82
All Time Low / High (₹)	0.31 / 66.75
Market Cap (₹ Cr.)	53.2
Equity (₹ Cr.)	58.5
Face Value (₹)	2
Industry PE ⓘ	55.2

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

61.25

61.22

14.59

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

Valuation of Nitin Fire Protectn - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	460.36	268.74	55.20	20.70	24.71	12.67	4.39	4.70	4.02	2.65
Operating Expenses ⓘ +	422.23	348.29	192.18	477.02	94.88	26.23	15.47	29.33	9.33	8.86
Manufacturing Costs	2.16	2.14	2.32	2.53	0.96	0.23	0.23	0.31	0.33	0.29
Material Costs	398.85	256.30	59.65	75.60	20.73	10.04	3.06	2.61	4.99	1.20
Employee Cost	8.03	8.25	7.84	7.14	4.70	3.14	2.02	1.96	1.94	1.85
Other Costs ⓘ	13.20	81.60	122.36	391.74	68.48	12.82	10.16	24.44	2.07	5.52
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 ⓘ +	10.94	3.05	11.64	48.95	37	6.73	8.23	22.39	2.82	7.76
Exceptional Items ⓘ	0	0	0	0	0	0	-0.02	-0.06	0	0
Interest ⓘ	34.72	42.67	61.69	96.24	186.11	63.35	117.03	0.50	3.68	0.27
Depreciation ⓘ	6.56	4.70	4.42	1.58	1.23	0.83	0.74	0.68	0.27	0.12
Profit Before Tax ⓘ	7.79	-123.87	-191.45	-505.20	-220.51	-71	-120.64	-3.48	-6.44	1.17
Tax ⓘ	2.35	-0.27	0.52	0.02	-0.47	1.63	0	0	0	-1.76
Profit After Tax	5.44	-123.60	-191.97	-505.22	-220.04	-72.63	-120.64	-3.49	-6.44	2.93
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	-0.2	0.1
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	166.71	29.97	-161.61	-666.73	-886.48	-959.11	-1,079.75	-1,083.17	-1,090.03	-13.58
Share Capital ⓘ	58.45	58.45	58.45	58.45	58.45	58.45	58.45	58.45	58.45	58.45
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 +	326.51	230.17	540.06	521.86	533.11	588.77	588.97	591.84	594.43	0
Long Term Debt	57.32	39	24.60	0	0	0	0	0	0	0
Short Term Debt	269.18	191.18	515.46	521.86	533.11	588.77	588.97	591.84	594.43	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	67.59	205.92	95.67	43.82	52.99	57.27	58.73	62.42	67.11	0.38
Others Liabilities ⓘ	27.08	31.35	53.49	156.27	330.77	338.96	455.99	454.29	448.74	36.11
Total Liabilities ⓘ	587.89	497.42	527.61	55.22	30.40	25.89	23.95	25.38	20.24	22.92
Fixed Assets
Net Fixed Assets ⓘ +	37.61	33.02	22.86	20.71	17.51	16.68	15.94	11.03	5.46	2.96
Gross Block	53.13	37.71	39.09	37.90	37.90	37.90	37.90	31.48	19.59	15.92
Accumulated Depreciation	15.52	4.70	16.23	17.19	20.39	21.22	21.96	20.45	14.13	12.95
CWIP ⓘ	1.62	1.99	0	0	0	0	0	0	0	0
Investments ⓘ	57.54	53.83	53.45	9.50	6.04	4.48	4.48	4.24	4.24	4.24
Inventories	134.74	89.18	65.34	2.27	0.34	0.67	0.28	1.03	0.30	0.84
Trade Receivables	278.26	252.93	184.57	18.15	1.69	1.93	1.82	4.30	4.27	5.96
Cash Equivalents	10.97	2.17	2.72	1.62	2.24	1.50	1.01	4.48	5.50	0.71
Others Assets ⓘ	67.14	64.29	198.68	2.97	2.58	0.62	0.42	0.30	0.46	8.20
Total Assets ⓘ	587.89	497.42	527.61	55.22	30.40	25.89	23.95	25.38	20.24	22.92

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	-33.56	135.05	-109.61	17.74	208.45	31.11	122.10	-1.27	-4.22	-30.60
PBT ⓘ	7.79	-123.87	-191.45	-505.20	-220.51	-71	-120.64	-3.49	-6.44	1.17
Adjustment ⓘ	35.49	113.90	170.73	493.76	208.17	65.58	117.80	2.43	3.54	-7.23
Changes in Working Capital ⓘ	-75.39	144.76	-89.12	28.5	220.71	38.37	125.06	-0.19	-1.32	-24.55
Tax Paid ⓘ	-1.45	0.26	0.22	0.68	0.07	-1.84	-0.12	-0.02	0	0.01
Cash Flow From Investing Activity ⓘ +	-16.09	2.27	13.29	23.68	-1.26	0.71	0	4.29	5.57	6.72
Capex	-22.50	-1.02	0.48	0	-1.58	0	0	4.24	5.29	6.64
Net Investments	0	0	3	0.54	0.21	0.64	-0.04	0	0	0
Others ⓘ	6.40	3.30	9.81	23.14	0.12	0.07	0.04	0.05	0.28	0.08
Cash Flow From Financing Activity ⓘ +	2.01	-142.35	96.76	-42.51	-206.67	-31.92	-122.64	0.41	-4.85	23.88
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	35.78
Net Proceeds from Borrowing ⓘ	42.36	-10.76	-18.01	-0.31	0	-29.08	0	0	0	0
Interest Paid ⓘ	-33.25	-44.10	-39.69	16.52	-186.11	-63.35	-117.03	-0.50	-3.68	-0.27
Dividend Paid ⓘ	-5.84	-0.01	0	-0.01	-0.02	0	0	0	0	0
Others ⓘ	-1.26	-87.49	154.46	-58.71	-20.53	60.51	-5.61	0.91	-1.16	-11.63
Net Cash Flow ⓘ	-47.64	-5.03	0.44	-1.10	0.52	-0.09	-0.53	3.43	-3.49	-0

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	3.33	-126.03	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
ROCE (%)	8.85	-20.75	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Asset Turnover Ratio	0.78	0.5	0.11	0.07	0.58	0.45	0.18	0.19	0.18	0.12
PAT to CFO Conversion(x)	-6.17	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-10.44
Working Capital Days
Receivable Days	211	361	1,446	1,788	147	52	156	238	389	704
Inventory Days	101	152	511	596	19	14	39	51	61	79
Payable Days	81	195	923	337	852	2,005	6,914	8,475	4,738	0

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.) .

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 companyâ€™s inception, its chairman who has experience in this field has streamed the companyâ€™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 - 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.

To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

Build a Stress-Tested Portfolio.

Our Sapphire Advisory uses the ABC Concept to ensure you never have to panic during a market correction.

Core Stocks

STABILITY

Booster Stocks

GROWTH

Amplifier Stocks

ASYMMETRY

● Conflict-Free ● SEBI Registered ● 15Y+ Track Record

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Nitin Fire Protection Industries Ltd (NITINFIRE) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Nitin Fire Protectn Share Price