Narmada Gelatines Ltd Stock Analysis

BSE: 526739 | NSE: SHAWGELTIN | Chemicals | Small Cap

BSE Share Price 06-Feb-2023 18:01
254.85 -0.30 (-0.12%)

DeciZen - Make an Informed Decision on Narmada Gelatines

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Semi Strong

Narmada Gelatines Price Chart

P/E Ratio ( SA) :
11.91
Market Cap :
154.2 Cr.
52-wk low :
163
52-wk high :
566.2
Bole Toh?

1. Is Narmada Gelatines Ltd a good quality company?

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

2. Is Narmada Gelatines Ltd undervalued or overvalued?

The key valuation ratios of Narmada Gelatines Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Narmada Gelatines Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Narmada Gelatines Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Narmada Gelatines:

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.
Narmada Gelatines 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'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 20.8%18.1%14.1%7.3%5%5.2%5.5%9.8%6.2%8.8%-
Value Creation Index 0.50.30.0-0.5-0.6-0.6-0.6-0.3-0.6-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 122130134131113118126134135157174
YoY Gr. Rt. %-7.1%2.9%-2.1%-14.2%4.3%6.9%6.8%0.5%16.5%-
Adj EPS 24.925.522.913.19.410.411.721.21420.621.4
YoY Gr. Rt. %-2.7%-10.2%-43%-28.3%11.1%11.8%82%-34.2%47.4%-
BVPS (₹) 127.1150.1171.2180.1195.9204.6216.2225.5229.4240238.4
Adj Net Profit 1515.413.97.95.76.37.112.88.412.413
Cash Flow from Ops. 15.310.45.96.87.29.2124.73.11.9-
Debt/CF from Ops. 00.20.20.2000.20.100-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 2.9%6.9%7.7%16.5%
Adj EPS -2.1%17%20.9%47.4%
BVPS 7.34.23.64.6
Share Price 10.7% 10.5% 15.8% 31.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 21.118.214.27.455.25.59.66.18.88.9
Op. Profit Mgn % 17.818.615.68.43.44.67.310.55.69.19.6
Net Profit Mgn % 12.411.810.3655.45.69.66.37.97.4
Debt to Equity 00000000000
Working Cap Days 1871984,6474,801226170150152180171155
Cash Conv. Cycle 8688106122135125108102112108117

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 8.90%

Sales growth is good in last 4 quarters at 16.02%

Sales growth has been subdued in last 3 years 7.74%

Latest Financials - Narmada Gelatines Ltd.

Standalone Consolidated
TTM EPS (₹) 21.4 -0.7
TTM Sales (₹ Cr.) 174 46.3
BVPS (₹.) 238.4 0
Reserves (₹ Cr.) 138 25
P/BV 1.07 0.00
PE 11.91 0.00
From the Market
52 Week Low / High (₹) 163.00 / 566.15
All Time Low / High (₹) 5.63 / 566.15
Market Cap (₹ Cr.) 154
Equity (₹ Cr.) 6.1
Face Value (₹) 10
Industry PE 31.5

Management X-Ray of Narmada Gelatines :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Narmada Gelatines

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Narmada Gelatines Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Narmada Gelatines on 06-Feb-2023 18:01 is : 254.8.
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 06-Feb-2023 18:01 the market cap of Narmada Gelatines stood at ₹ 154.2.
The latest PE ratio of Narmada Gelatines as of 06-Feb-2023 18:01 is 11.91.
The latest PB ratio of Narmada Gelatines as of 06-Feb-2023 18:01 is 1.07
The 52-week high of Narmada Gelatines is ₹ 566.1 and the 52-week low is ₹ 163.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Narmada Gelatines is ₹ 174.4 ( Cr.) .

About Narmada Gelatines Ltd

Narmada Gelatines, erstwhile Shaw Wallace Gelatines Ltd and a member of Jumbo Group, was set up in 1961. The company is strategically located in the central Indian state of Madhya Pradesh and has convenient access to its main and essential inputs of crushed bones, acid, lime and good quality water.

Narmada Gelatines, has pioneered the manufacture of ossein and gelatin in India and is today a frontrunner in India's gelatine Industry meeting exacting standards of various users worldwide.

Narmada has successfully applied sophisticated technology to ensure quality at each stage of its manufacturing process so that our products meet international quality standards and is commercially worthy of a broad spectrum of usages in the dynamic domestic and international markets.

The company has a government recognized in house R & D facility; a professional marketing set up with stock points / warehouses in major Indian metros; an all India purchase set up tied up with backward integrated units and a dominant position in the domestic market.

Production of gelatine at Narmada Gelatines Limited is undertaken at strictly controlled and stable conditions. Quality is a byword at Narmada Gelatines Limited and is closely monitored at each stage of the process. Quality techniques are constantly improved as these exacting quality control systems and standards have naturally resulted in recognition and awards.

Product range of the company:

The company is engaged in the manufacturing of gelatine for use in different purposes like:

  • Pharmaceutical    
  • Edible   
  • Industrial  
  • Photographic

Achievements/ recognition:

  • Award for Ossein Export by Capexil in 1975     
  • National award for Import substitute by the Government of India in 1992   
  • Export performance award from Madhya Pradesh Industrial Organisation in 1994     
  • Highest Gelatine export by Capexil in 1995     
  • National Award for outstanding contribution in Environment to an employee in 1998     
  • Capexil Award for Gelatine Export in 2001      
  • Capexil Award for Gelatine Export in 2004   

Certifications: 

  • ISO 9000:2001 by BVQI
  • HACCP by DNV
  • EDQM
  • HALAL - Jamait - E - ULAMA
  • KOSHER
  • Drug Licence - Govt. of MP
  • GMP -Govt. of MP
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