NEL Holdings South Ltd Stock Analysis

BSE: 533202 | NSE: NITESHEST | Construction - Real Estate | Small Cap

BSE Share Price 25-Nov-2022 18:01
2.51 0.15 (6.36%)

DeciZen - Make an Informed Decision on NEL Holdings South

M-Cap below 100cr DeciZen not available

NEL Holdings South Price Chart

P/E Ratio (SA) :
0.00
Market Cap :
36.6 Cr.
52-wk low :
2.2
52-wk high :
6.7
Bole Toh?

1. Is NEL Holdings South Ltd a good quality company?

Data is not available for this company.

2. Is NEL Holdings South Ltd undervalued or overvalued?

The key valuation ratios of NEL Holdings South Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

3. Is NEL Holdings South Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of NEL Holdings South 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 NEL Holdings South:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % -5.7%2.4%4.9%-1.3%-3%-5.8%-3.9%-177.7%25.8%-24.2%-
Value Creation Index -1.4-0.8-0.7-1.1-1.2-1.4-1.3NANA-2.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 46.911212587.119427.584.419.273.722.621
YoY Gr. Rt. %-139%11.6%-30.3%123%-85.8%206.4%-77.3%284%-69.3%-
Adj EPS -2.20.51.4-1.4-2.9-5.3-4.3-24.6-10.67.8-20.7
YoY Gr. Rt. %-NA164.2%-202.1%NANANANANANA-
BVPS (₹) 29.329.831.229.732.423.48.8-56.1-61.6-62.3-70.4
Adj Net Profit -32.37.720.5-20.8-42.4-77.6-62.4-358-154114-301
Cash Flow from Ops. 14.246.2-30.9-17.4-39.5-19120.411.723520.2-
Debt/CF from Ops. 7.62.6-6.3-14.5-7.3-2.625.744.91.517.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -7.8%-35%-35.5%-69.3%
Adj EPS NANANANA
BVPS -208.8-214-291.80
Share Price -15.5% -28.3% 15.7% 1.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % -7.31.84.6-4.7-9.4-19.1-26.6103.918-12.631.1
Op. Profit Mgn % -54.413.931.1-5.2-6.6-146.223.7-255.7-94.1-95.7-539.7
Net Profit Mgn % -68.96.916.4-23.9-21.8-281.7-74-1864.5-209.1502.7-1440.9
Debt to Equity 0.30.30.40.60.61.54.1-0.6-0.4-0.4-
Working Cap Days 2,8881,2331,0681,5869849,4384,04619,2373,7638,1894,688
Cash Conv. Cycle 9063611311942263,4811,78311,7472,0683,9110

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 31.10%

Sales growth has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -46.94%

Latest Financials - NEL Holdings South Ltd.

Standalone Consolidated
TTM EPS (₹) -20.7 -32.5
TTM Sales (₹ Cr.) 20.9 57.6
BVPS (₹.) -70.4 -80
Reserves (₹ Cr.) -1,173 -1,312
P/BV -0.04 -0.03
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 2.15 / 6.65
All Time Low / High (₹) 0.60 / 55.00
Market Cap (₹ Cr.) 36.6
Equity (₹ Cr.) 145.8
Face Value (₹) 10
Industry PE 39.8

Management X-Ray of NEL Holdings South :

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

Login/Register to view analysis.

Analyst's Notes

Key Ratios of NEL Holdings South

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

News

NEL Holdings South Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of NEL Holdings South on 25-Nov-2022 18:01 is : 2.51.
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 25-Nov-2022 18:01 the market cap of NEL Holdings South stood at ₹ 36.60.
The latest PE ratio of NEL Holdings South as of 25-Nov-2022 18:01 is 0.00.
The latest PB ratio of NEL Holdings South as of 25-Nov-2022 18:01 is -0.04
The 52-week high of NEL Holdings South is ₹ 6.65 and the 52-week low is ₹ 2.15.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of NEL Holdings South is ₹ 20.91 ( Cr.) .

About NEL Holdings South Ltd

The Nitesh Estates was originally incorporated as Nitesh Estates on February 20, 2004 as a private limited company under the provisions of the Companies Act, 1956 in Bengaluru. It became a public limited company on November 3, 2009 and was named as Nitesh Estates Limited pursuant to a certificate for a change of name on November 3, 2009.

The company is promoted by Nitesh Shetty, Pushpalatha V Shetty and the corporate promoter of the company is Nitesh Industries Pvt. Ltd.

The company is in the business of real estate development and is primarily engaged in the development of residential projects in Bengaluru. It is also developing a hospitality project in Bengaluru, a residential and an office project in Kochi. The company is in the process of diversifying into the development of shopping-malls and is expanding its geographic reach to Chennai and Goa. Its residential projects include multi-unit apartment buildings targeted at high-income and middle-income customers. The company is currently developing its first hospitality project which is the first ‘Ritz-Carlton’ brand hotel in India, on Residency Road in the central business district of Bengaluru.

Ongoing Projects of the company

  • Nitesh Hyde Park, a residential project in the middle-income segment with 537 residential units, located at Bannerghatta Road, Bengaluru.
  • Nitesh Forest Hills, a residential project in the middle-income segment with 284 residential units, located in Whitefield, Bengaluru.
  • Nitesh Flushing Meadows, a residential project in the middle-income segment with 264 residential units, located in Whitefield, Bengaluru.
  • Nitesh Columbus Square, a residential project in the middle-income segment with 390 residential units, located off of Bellary Road, Bengaluru.
  • Nitesh Wimbledon Gardens (Residential), a residential project in the middle-income segment with 672 residential units, located at Airport-Seaport road in Kochi.
  • Nitesh Wimbledon Gardens (Commercial), an office project, located at Airport-Seaport road in Kochi.
  • The ‘Ritz-Carlton’ brand hotel with 281 keys, located at Residency Road in the central business district of Bengaluru, being executed by an SPV, in which the company owns 20.7% of the equity share capital. One of its Promoters, Nitesh Shetty holds 5.3% of the equity share capital of this SPV.

Subsidiaries of the company

  • Nitesh Indiranagar Retail Pvt. Ltd.
  • Nitesh Housing Developers Pvt. Ltd.

Milestones

  • April, 2006: Corporate housing project for ITC.
  • December, 2006: Citi Property Investors acquired 74% stake in Nitesh Residency which is developing the Ritz-Carlton brand hotel.
  • January, 2007: AMIF I Limited, an Och-Ziff Captial Management Group entity acquired 28.98% stake in the company.
  • May, 2007: Agreement signed to develop India’s first Ritz-Carlton brand hotel in Bengaluru by Nitesh Residency.
  • November, 2007: Won the bid for an 8.26 acre property in the Boat Club area in the heart of Chennai.
  • September, 2009: HDFC AMC pick up 10.1% stake in Nitesh Housing, an SPV formed to develop projects.
  • October, 2009: Executed MOU with Luxury Hotels International Management Company B.V. to set up a full-service luxury international hotel and luxury condominium residences under the Ritz- Carlton brand name.
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