National Oxygen Ltd Stock Analysis

BSE: 507813 | NSE: NOL | Industrial Gases & Fuels | Small Cap

BSE Share Price Jan 17, 18:01
207.40 -10.90 (-4.99%)

DeciZen - Make an Informed Decision on National Oxygen

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

1. Quality

2. Valuation

Overvalued
P/E P/S EV/EBITDA

3. Price Trend

Semi Strong

10 Year X-Ray:

Analysis of Financial Track Record

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.

Value Creation

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 6.9%4%-5.2%-13.4%-2.9%-1.2%2.3%13.6%5.4%6.6%-
Value Creation Index -0.5-0.7-1.4-2.0-1.2NANA-0.0NA-0.5-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 21.524.625.828.133.236.141.446.243.939.851
YoY Gr. Rt. %-14.5%4.8%9%18%8.8%14.6%11.7%-4.9%-9.5%-
Adj EPS 21.2-10.8-22.5-11.9-10.6-6.72.6-3.3-2.317.4
YoY Gr. Rt. %--43.4%-1040%NANANANANA-227.2%NA-
BVPS (₹) 46.947.536.512.80.9-9.6-17.7-10.3-13.69.221.5
Adj Net Profit 0.60.6-5.2-10.8-5.7-5.1-3.21.3-1.6-1.18
Cash Flow from Ops. 5.86.2-2.41.31.54.98.57.94.86.5-
Debt/CF from Ops. 2.14.3-15.933.432.510.15.24.983.9-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 7.1%3.7%-1.3%-9.5%
Adj EPS -201.5%NANANA
BVPS -16.657.600
Share Price 17% 37.6% 69.6% 373.5%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 42.7-25.7-91.2-173.3245.349-18.727.8104.5113.5
Op. Profit Mgn % 28.621.4-0.5-5.28.513.513.318.614.615.527.1
Net Profit Mgn % 2.92.2-20.1-38.4-17.2-14.1-7.82.7-3.6-2.816.4
Debt to Equity 0.91.22.17.1107-10.7-5.2-7.7-5.95.71.2
Working Cap Days 73851059387916647597488
Cash Conv. Cycle 28010201717111015160

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 113.50%

Sales growth is good in last 4 quarters at 45.11%

Sales growth has been subdued in last 3 years -1.31%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - National Oxygen Ltd.

Standalone Consolidated
TTM EPS (₹) 17.4 -
TTM Sales (₹ Cr.) 50.9 -
BVPS (₹.) 21.5 -
Reserves (₹ Cr.) 6 -
P/BV 9.63 -
PE 11.91 -
From the Market
52 Week Low / High (₹) 31.70 / 233.90
All Time Low / High (₹) 1.50 / 233.90
Market Cap (₹ Cr.) 99.6
Equity (₹ Cr.) 4.8
Face Value (₹) 10
Industry PE 12.2

Management X-Ray:

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

Analyst's Notes

News

About National Oxygen Ltd

National Oxygen ltd. incorporated in 1974, is a leading producer and supplier of Industrial gases both in liquid and gaseous forms with well established business relationship with their clients over the last three decades in this business.

It is an NOL Group company,the group is having interest in manufacturing oxygen, nitrogen, acetylene and trading petro chemical products.The other group companies are

  • East Coast Acetylene (P) Ltd
  • Pondicherry Agro Foods (P) Ltd
  • Mahaveer Trading Company
  • Sri Ganapati Impex
  • Goodwill International
  • Saraf Housing Development (P) Ltd
  • Pondicherry Agro Foods (P) Ltd

It is a public limited company registered with Mumbai &  Chennai Stock Exchanges, for manufacture and supply of industrial gases both in liquid and gaseous form to industries and hospitals. Started production in 1979 with a 60 Cu.M. / hour plant near Trichirapalli in Tamilnadu has now expanded its activities by initially a 75 TPD plant at Pondicherry during 1997. The company has got certified for ISO 9001:2000 and supplying its products to various industrial and hospital sectors.

National Oxygen (NOL) is a leading producer and supplier of Industrial gases both in liquid and gaseous forms with well established business relationship with their clients over the last three decades in this business. NOL currently has a capacity of 2500 Cu.M per hour of oxygen / nitrogen gases and 2,00,000 Cu.M per annum capacity of dissolved acetylene gas having manufacturing facilities at Pondicherry and Tamilnadu.

In addition to oxygen, NOL installed an additional facility for compressing waste nitrogen into commercial grade nitrogen and over the years upgraded all it's facilities. NOL can now supply oxygen and nitrogen in liquid and gaseous forms to industries and hospitals through it's own sales network.

NOL has installed a windmill with a capacity of 1.65 MW at Dhule, Maharastra during December 2005.

The clients of NOL consist mainly government workshops, public sector units, space and petrochemical units. Also serves to steel sector, pharmaceutical sector, refrigeration units, hospitals, ship making & repairing units other than fabrication sector.

Product range of the company includes:

  • Derivation
  • Oxygen
  • Nitrogen
  • Argon
  • Dissolved Acetylene Gas

Achievements/ recognition:

  • ISO 9001:2000 certification from TUV

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