Nitco Ltd Stock Analysis

BSE: 532722 | NSE: NITCO | Ceramics/Marble/Granite/Sanitaryware | Small Cap

BSE Share Price 29-Nov-2022 18:01
23.10 0.10 (0.43%)

DeciZen - Make an Informed Decision on Nitco

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

1. Quality

2. Valuation

Fair

3. Price Trend

Nitco Price Chart

P/E Ratio (SA) :
0.00
Market Cap :
165.3 Cr.
52-wk low :
20.2
52-wk high :
42.8
Bole Toh?

1. Is Nitco Ltd a good quality company?

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

2. Is Nitco Ltd undervalued or overvalued?

The key valuation ratios of Nitco Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Nitco Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Nitco Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Nitco:

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.
Nitco 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 % -9.4%-7.9%-7.2%-4.7%-2.6%2.3%-3.3%-7.7%-12%-12.9%-
Value Creation Index -1.7-1.6NANANA-0.8-1.2-1.6NANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 850813874823696599588458325409400
YoY Gr. Rt. %--4.4%7.5%-5.9%-15.5%-13.9%-1.7%-22.1%-29.1%25.7%-
Adj EPS -71-38.6-22.4-11.2-5.92.7-6.5-11.6-17.3-18-19.8
YoY Gr. Rt. %-NANANANANA-343.8%NANANA-
BVPS (₹) 76.317-7.2-18.6-24.520.413.97.7-9.6-27.1-37.5
Adj Net Profit -231-211-122-61-32.219.1-46.5-83.1-124-129-142
Cash Flow from Ops. -32745.422.5-13.715.84301722.911.15.7-
Debt/CF from Ops. -3.627.656.8-9581.82513168.3142.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -7.8%-10.1%-11.4%25.7%
Adj EPS NANANANA
BVPS -189.10-2250
Share Price -0.6% -23.9% -7% -1.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % -61.1-114.2-452.686.527.2128-33-96.31780.697.861.3
Op. Profit Mgn % -4.7-3.2-1.9-0.610.70.4-10.1-11.7-9.5-9.9
Net Profit Mgn % -27.2-26-14-7.4-4.63.2-7.9-18.1-38.2-31.6-35.6
Debt to Equity 4.713.4-32.6-12.8-9.65.88.712.8-10.9-4.2-
Working Cap Days 366352324344410452439505577418450
Cash Conv. Cycle 1001701361391682032012262611730

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 61.30%

Sales growth has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 2.57%

Latest Financials - Nitco Ltd.

Standalone Consolidated
TTM EPS (₹) -19.8 -19.8
TTM Sales (₹ Cr.) 400 402
BVPS (₹.) -37.5 -38
Reserves (₹ Cr.) -341 -345
P/BV -0.61 -0.60
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 20.20 / 42.75
All Time Low / High (₹) 10.80 / 336.85
Market Cap (₹ Cr.) 165
Equity (₹ Cr.) 71.9
Face Value (₹) 10
Industry PE 32.9

Management X-Ray of Nitco :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *91.4191.3891.3891.3891.3891.3891.3891.3891.3891.38
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Nitco

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

News

Nitco Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Nitco on 29-Nov-2022 18:01 is : 23.10.
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 29-Nov-2022 18:01 the market cap of Nitco stood at ₹ 165.3.
The latest PE ratio of Nitco as of 29-Nov-2022 18:01 is 0.00.
The latest PB ratio of Nitco as of 29-Nov-2022 18:01 is -0.61
The 52-week high of Nitco is ₹ 42.75 and the 52-week low is ₹ 20.20.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Nitco is ₹ 399.9 ( Cr.) .

About Nitco Ltd

Nitco is engaged in the manufacture of flooring tiles in India. Previously known as Nitco Tiles, the company is one of the largest manufacturers of flooring tiles in India.

Headquartered in Mumbai, the Nitco Group owns 4 factories and various offices in major cities. The company has a distribution network of 18 depots, 750 direct dealers and over 5000 retail outlets spread across the country.

Nitco exports 20% of its production to various countries. It has global presence across 24 countries, including the United States, Canada, Europe, Africa, Oman, UAE and the Indian Ocean countries, and this network is fast growing. The company has installed 6 wind turbine generators. The company has created brands like INTARSIA, MOSAICO

Products

The company is engaged in the manufacture of ceramic tiles, vitrified tiles, mosaico, marble, cement terrazzo tiles and cement.

It manufactures OPC 43 Grade cement and has presence in Mumbai, Pune, Tamil Nadu, Karnataka and Kerala. Under cement, it has created brands like Lucky Cement, DG Khan Cement and Maple Leaf Cement.

Milestones

1966-Nitco was incorporated.

1984-The company started processing and distribution of imported marble. 

1997-The company commenced manufacturing of ceramic tiles at Alibag.

2001- Import of vitrified tiles.

2002-Company’s processing unit in Silvassa was awarded with ‘Quality Excellence Award’.

2004- Nitco commenced upgradation of its ceramic tiles plant. 

2006- The company expanded manufacturing capacity of ceramic tiles that is located at Alibag.         

Company got listed on Bombay Stock Exchange and National Stock Exchange.         

Nitco forayed into real estate development business through Nitco Realties

2007-Nitco opened 10 exclusive showrooms-'Lee Studio' across India.        

The company received Best SAP Project Implementation Award from SAP India.        

Company plans for expansion of manufacturing capacity for vitrified tiles at Gujrat and ceramic tiles at Alibag        

Recognition

Nitco has received the status of 'Export House' by the Government of India in the year 2002.

Nitco has also received Capexil award for exports excellence, for the 13th consecutive year.

2009 - Construction World Award Winner.
Nitco becomes a one stop shop solution, providing all premium flooring solutions, by including wall tiles to its product portfolio.
2010 - Setup of world class marble processing facility from Breton (Italy) at Silvassa
2012 - Approval of CDR Package and Issuance of LOA.
2013 - NITCO bags 20th rank in dream company to work for category by The World HRD Congress Award.

 

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login | Register Now